Evening Star Newspaper, January 7, 1935, Page 16

A—16 *a% THE EVENING STAR, WASHINGTON, D. C. MONDAY, JANUARY 7, 1935. v x - Washington Exchange EGG QUOTATIONS STEADY TO FIRM Light Receipts Are Cleared Readily—Live Poultry Is Unchanged. Egg quotations were steady to firm on the Washington pfoduce market | today. Light receipts were cleared readily. Live poultry was steady at unchanged levels. The summary with egg, live poulty, fruit and vegetable prices furnished by the Department of Agriculture fol- lows: BUTTER—One-pound prints (92 score). : tub, I-pound prints (80 _score). 33! tub. 32; 1-pound prints (88 score), 313 b, 30 MEATS—Beef. 12a17: veal, 13a14: lamb. 9 pork loins, ~iresh. 3 frozen. 17 : fresh ham.; oked hams Strip_bacon. 14'zal nd. 1232132, GAME—Rabbits. per dozen. 1.80. EGGS—Market steady to firm. Receipts Meat and_clearing readily, Current re- ceipts. 28a20: hennery ~whites, “3laii Government graded and dated Wr U. S. extras. larse U. S. extras diums U. S. extras. standards large 37 Gov and dated brown esfs: U, 331 1VE POULTRY—Market steady unchanged. _Fowl: Colored. larse. mediums. 13al4 orns.” 10al%: I ers. 7af _Chickens: Plymouth Rocks sizes. 16a18: mixed colors. 15 Spring broilers: Plymouth Rocks. 18220, Fruits and Vegetables. Sales in large lots by original receivers up to & am. today P ASPLES —One Washington arrived; two cars reconsigned: one car diveried: three unbroken cars on track. Bushels: Sup- Plies moderate: demand light; ~market slendy Virginia, Staymans, U. S, No. 1. ach minimum, 1.00al.15 inch ;_293-inch minimum, . 21g-inch S. extras. iarse. Prices 14a16; Sirch minimum No. 1, 2Va-inc! ;-inch minimum, 0, -tncn muumum X090, minimum, 1.00a1.25: Golden S. No. I, =latinch minimum; min] 1.40a1.50: Grimes. ftin mum. 63 2i,inch Vatietie utility storage stOCK. 50al.%5 Boxes large sizes 1.85; Deliciou Romes, fancy. combination eltra, 263; Jonatha 102 Lneiens, dombination extra and fancy, 1.t C grade, 1 canbm%uon denlmhn‘m 1°55a2.00; C grade, 1.50a1.% I BBAGE One New York. two~ South carolina arrived: five broken and four w broken cars on track. Truck receipts mod erate; supplies moderate:” demand lighi market steady. 1!z bushel hampers poin €4 type. South Carolina, freisht receipts, “truck receipts, 1.00al: ' Texas, i3 cratés domesfic round +old stock: New Y Ket,_weak, 80-Ib. sacks Danish type. 6 CELERY — Three California — arrived: four broken and four unbroken cars on track. Supplies moderate: demand ligh s " California, 1z _crate: 3-6 dozen, 10-inch J1,cinch _ minimum, hcia 501 00 Sizes: common | y_overripe, medium_ tfl crates. washed. fair quality Lettuce Market Dull. 7'1' vo Arizona. f!)ur Califor- Western crate: 1zona, 4 00ad stock: No_s e market ONIONS—One Michiga rived: one broken and three unbroken cars track. Supplies moderate: demand yarket steads. Michigan. New York 0-lb. sacks vellows, U. S. No. "'Colorado ‘and Utah. 30-Ib sacks Vn‘%ncfls U. S. No. 1, 3 inches and arger. 1.50 B E A No arlot arrivals, no cars on track. Supplies light, demand light, market dull. California, via Baltimore, bushel hampers, telephones. 4.50. POTATOES—One Maine. one New York arfived; four broken and six unbroken &37:"%on, track. Old stock: Supplies mod- erate, demand moderate, market steady. New York, 100-pound sacks round whites, United States No. 1. best, 1.00; fair con- dition, Maine, 100-pound sack: blers, United States No. 1. 1.10al1.15 higher: Idaho. 100-pound Sacks Burbanks, United States No. 1, 2.10 new stock. Supplies light. demand slo market steady. Florida, bushel crates and buthel hampers. Bliss' Triumphs, United S No. 1. 1.75; United States No. PINACH—One Oklahoma, two Texas arrived, cne broken and two unbroken cars on track. Supplies_light. demand licht. market steady Bushel baskets: Texas. 1.50: Virginia. fair condition. 1.00a 1 20: Oklahoma. fair condition, téo few sales reported to quote. SWEET POTATOES—No carlot arriva no cars on track. Supplies light, demai light. market steady. North Carolina, bushel baskets Puerto Ricans. 1.15al.2 few higher: = Maryland. Anne ~ Arundel County. bushel hampers, Jersey type, United States No. 1, 1.3 TOMATOES—One unknown arrived, one unbroken car on track. Supplies light, demand _light. market steady. Florida, Wide range in quality and condition. lug boxes. ripes and turning wrapped, truck d express receipts, 6x6 and larger, 1.50a2.50; 6x7 and 7x7. 1.00a1.25; few higher, according to condition. Cuba, lu boxes." ripes and turning wrapped, and_larger. 2 TR AWBERRIES Supplies very light, demand limited. market steady. Florida. pony refrigerators, 35 per pint. Caulifiower Prices Steady. CAULIFLOWER—Three _California ar- pived; two broken and three unbroken gars on track. Supplies moderate: demand i re ovea California, crates, Yt "BROCCOLI—No _carlot _arrivals: one broken car on track. Supplies light: de- mand light: market weak. California and Texas. crates. 0. PEPPERS—Supplies very light light: market steady. Florida, 1% crates graen. % 008350 ., SQUASH, OKRA AND EGGPLANT-—Practically no supplies on the ma RO lights market steady. upplies demand -bushel demand AINE—Supplies very light: “bushel Florida, 1 * COLLARDS — moderate; de- mand slow; market weak. Virginia, bushel baskets. 35a40; fair condition, 25. KALE—Supplies moderate; demand slow; market weak. Virginia. bushel baskets, 85840° talr condition. 25. MIXED VEGETABLES—One Florida ar- rived: two broken and two unbroken cars on trac] LIMA ‘BEANS—Supplies very light; de- mand light; market dull. ~Florida, hold- overs, poor ‘condition. z.50. GR! BEANS—T00 few receipts 0 establish_market. CARROTS—No _carlot arrivals; one broken car on track. California, 'z crates, 50; Pennsylvania, bushel baskets topped, BEETS Texas, % crates, 1508160, S Fehnsvlvania, busael bas- N ooucnc) baskets, RESS—Virginia, bushel baskets, 15, HALSIFY—Nearby sections. 8 per bunch. TURNIPS—One Canada arrived: one un< broken car on track. Pennsylvania. bushel baskets. 65, ORANGES—One _California three unbroken cars on track. boxes 1. 2.2523.00; few 2.00a according to 'size GRAPEFRUIT—Three Florida arrived: one broken and four unbroken cars on track. Florida_ boxes, No few special marks higher: No Texas. boxes. Pink Meats. 3 truck Teceipts’ bushel hampers. AVOCADOS—FIlorida. *_boxes. 1.00: “California, 1.75a2.25. according to grade and size PINEAPPLES—Cuba. crates. 3.00a4.50. mostly 4.0, according to_siz LEMONS —No_carlot _arrivals: one ¢ diverted: no_cars on track. California boxes.” 4.2545.00. " according to grade and size. MIXED CITRUS—One Florida arrived: one_unbroken car on_track. PEARS—One Oregon arrived; one un- broken car on track L. C. L. Express Arrivals, Florida—35 crates avocados. 85 bushel baskets lettuce. 10 crates kumquats. 36 crates peppers. 5 refers (32 quarts) straw- berries. 115 30-pound crates tomatoes Louisiana—5_barrels (4-bushel basket letture: 5 barrels (4-bushel baskets) s Jots. Pennsylyania—136 3-pound baskets mushrooms. ~ Mixed vegetables—53 crates unknown origin. arrived: _ Florid CRUDE OIL PRICES. TULSA. Okla, January 7 (P.—Base crude ofl prices: Midcontinent area — Oklahoma-Kansas, gravity ccaie to $1.0R: North and Nor! Eehirdl “Texas, eravity scale To s10 East _Texas, flat; " North Loulsiani e Ransee ravily scale 10 81.0: Gulf Cons! Lou\shna-Texns‘ gravity 12 and $1.14; West Texas 70_cents and 75 cents (Permiai s sravity scales to ; oTexas Panhandle, 81 _cents an cents. Rocky Mountain area—=alt Creek, Wyo., gravity scale to $1. Eastern _area — Pennsylvania _ grade (Bradford-Allegany), $2.20; same grade i Southwest_Pennsylvania lines. $1.87; in Eureka lines, $1.82: same grade g'gfmkgye lines, $1.73; Corning, $1.32. STEEL QUOTATIONS. NEW YORK. January 7 (P —Steel prlcel per 100" Douids 0. Pitisburgh: " Bl annealed sheets. hot rolled vanized sheets. 3.10: black Tolled. 2.45: steel bars. 1.80, 4 | menn . one Ohio ar- | BONDS ON THE CURB MARKET DOMESTIC BONDS. Allhlrn Pw 435 '67 Alabama Pow 5s '48. Amer P & L 6 Am Roll Mill 5s Am Seating 6s_'36 P &L bs Atk Tnd £122%53° Asso G &'E 53750, ASso TAT 51as A B3 ASSO T Blas C. 44 cod Bald Lo 63 Baldn Lo ‘ds Can Nt R E Canadian_Pe. Gs Can No P s A { Cap Ad 55 A58 wiw Carolina P&L 35 '3 | Cent Ariz L&P 55 '60 Cent Til PS, 4155 F '6 Cent Pow 55 D Cent Pw & Lt bs Cent, Sta Biee 5 Cn St El ¢ Cht Bt P&l 5%, '8 Chi Pneu T 5'3s '4 Cities Service 83 Cit 8rv Gas bias Git Srv Pw is Clev'EL 158 B Com Ed 4'a Com Ed 1131 Com Edis 4s Com Ed 5'as A Det C Gas 5s B Dix GG 6ls A Elec P&L 5s A 2 Emp Dist EI 5s ™ Emp O & R 5los "4 Firestone CM 5s '48 Eirestons Tire s 43 Florida P&L 53 Gary E & G Gen Refr ts Gen WG&E Georgia . Glen Alden C 4s Goeb B 625 A Grand Tr W _4s, Nor Pw Guif Oil Pa 5s " Hall Pig A Houst GIf G 65 Hous L&P 5s A Iis Cent RR Os 9034 101% 105% 105 Indnp P&L Int Pw Sc Intersta Pw Jacksonvl Gs 5 | Jers CP&L 43 Jones Laugh Ken Util 1st Ken Util 6 Krewge s 4 P S 65 Lis " MongL s | Mecord Rad 65 1 Manitoba Pw 5725 | Mass Gas o EI 1. [Minn P & L Miss Pw & L Narragansett Narragansett Nat P&L 55 Nevada Calif New Amst Gas New Eng G&E 5s '47 New Eng Pow_5s " 1011000 o1 a1 | Nor Ind G&E s Nor ind PS 55 D N Ohio P&L 5'zs Nor Stat P 4las No Stat P 5125 ‘4 Northw El 85 a5t Northw P 65 A”'60 Bs A 60 cod Ohio"paw. 45 B Okla G & Okla P Pac G & E Pac i Pac Bac Pa Penn Elec_45 '71 Pen O E 5'2s B Pen W&P 413 Penn W&P Poore & Co 6s B, . -m.luu: 91 * 04 100% 100 100% 11811k s 4 R 10512 10544 105 10012 IDO‘/: 100‘ Eie g &5 Pg S P&L 4'2s '50 D Safe H Wa 4!2s 7! SUL G &C 65 478, San An PS Bs B '58. S Joa LP 6s B '52 Seattle Lt 55 '49 92‘,1 29= | 3785 97! flfi$ '/. 1 190% 109% 19 mnv. 83 83 83w !M”: 94": fll'i o i’/ " lf“/ L1088 ‘134 5. 63 3 '5‘, !un P & s SHD of Il ('zs k. Swift Co 40 SWU! Co ’)! ‘44 Tex & L 5s Tide W Pw 5s A Toledo Ed_ 5s '62 PAJ CR g’:s A S Rub 6ls '40 Drab PaL 4735 43 Utah PL 65 A 203 Va Pb S 5%s A Ward Bak_6s Wash Gas Le 5 /58 Wes Tex U 55 A’ Yadkin R Pw 53 '41 York Rwy 5s '37. Cen Bk Co 6s B Cm & Pv B 5'as Ger Con Mun 7s 73% 73 Toaes Touee Tooy e sz 28 "- 95% fib 41" Al‘/a 41% 41 o Tial su'pow as A 16311 a0 Gl Saudh 1% o5 A 5512 110 110 130 Terni Bo 0% A 53,11 60% 69% ww—WIith warrants. xw—Without warrants. _n—New. wi—When issued. st (stp)—Stamped. #Negotlability impaired by maturity. tCompanies reported in receivershio. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) Allis-Chalmers Co. 5s 1037, Amer._ Beet Sugar 6s 1 Am. Tel. & Tel. 555 19 Atlantic Refining 3 Bethlehem Steel 3 California Packing Canad. Nor. Ry. 4'as 1 Ches, & Ohio Ry. bs 19): Chi. Gas Lt. & Coke Chi. Northwest. Colorado & So. Belaware & Hudsom o5 Den. & Rio Gr. 4135 1 Edison EI. Illum, 4 19: Gen. Pet. Corp. 5s nm. Gen’ Pub,_ Service Great Northern Ry s 1936 9378 Tllinois Central 625 1936.. 100 Intl. Tel. & Tel. 4 39 ) Lake Erie & West. 5 Lehigh Valley Coai 6s 1 Louisville & Nasl ;i Michigan Central New York Central 6s 1 N. Y. Chi. & St. L, Ohio River R. R. Penna. R. k. Co Oil Co. Bias 1937 Rep. Tron & Stecl 55 104 Sinclair Cons. Ol Vanadium Corp. 5: Wabash Rwy. Co. 5s Warner Bros. 6s 19: 100% 105 1051, 9KIL 10034 104 5y led by Chas. D, Barney &Ocoy 1016 104 1 104 11 104 30 Feb.' ;i June Sept June 15 June 15, FOREIGN EXCHANGES. NEW YORK. January 7 (P.—Foreign exchange irregular. Great Britain in dollars. others in cents: Great Britain. demand. 4.91%: 4.913;; 60-day bills. 4.90% Pri mand. 6.623,; cables. 6.62' mand. 859; cabies. 8.59. Demands: Belgium. 40.33: Holland. a 2 Sweden, 25.35. Denmark. 2.19; Switzerland 4 Portugal. 4 Greece. Czechoslovakia, 4 i: Austria. 18 ia. 10175 zil N6in: Tokis. g Hongkong. 435,05 Mexico City | silver pes Montreal in New York. 100.37 New York in Montreal, 99.62'3, n—Nominal. OVERSUBSCRIBED.QUICKLY. NEW YORK, January 7 (Special.)— An offering of $4,312,000 State of South Carolina 4!, per cent State Highway certificates of indebtedness awarded Friday to a banking group headed by Lehman Brothers, was quickly oversubscribed. The certifi- Spain. 0.94: 20; Poland. Yai cates were offered at prices to yleld from 3.90 to 4.05 per cent for maturi- ties ranging from 1942 to 1953. ] STEEL CONTINUE 7| STEADY ADVANCE Production Rate Climbs 315 More Points to 421/, Per Cent. By the Associated Press. CLEVELAND, January 7.—Increas- ing business sent the steel industry’s percentage rate of production last week to 42% per cent, 3'% points above the previous week and 11% points above the carresponding period a year ago, the magazine Steel says. Production is supported, Steel says, “by an earlier and much more general buying movement than at the outset of 1934, “Seasonal requirements are begin- ning to appear, particularly in prac- tically all classifications of agricul- tural requirements. Public construc- tion work, held back during the ‘Winter, is certain to expand shortly. “Specifications from automobile manufacturers have increased to the point where mills are deferring de- liveries. Some sheet mills are faced with six months’ capacity production of cold-rolled material.” One of the biggest gains in demand last week was in structural shapes, which rose to 26,883 tons, compared with 7,855 tons the previous week, Steel says. A 10-point rise to 45 per cent in tin plate mill operations also is noted. Steelmakers, the magazine says, can see no obstruction to continuing im- provement, unless it be in difficulties with labor. p “As operations rise the industry becomes more exposed to disturb-. ance,” Steel comments. Greater activity in foreign steel production, as well as in the United States, is also noted. “It is reported,” Steel says, “that Japan has placed orders for 100,000 tons of steel, mainly bars, in Germany, and Steel's London correspondent cables that the British iron and steel industry is increasingly active, while steelworks on the Con- tinent, except in Germany, are start- ing the year slowly. “Steel’s steelworks scrap composite is up 17 cents to $11.71 on advances in the Middle West. The iron and steel price composite s up 5 cents to $32.51, due to scrap. The finished steel composite holds at $54.” Estimates Rise Further. NEW YORK, January 7 (#).—Con- tinuing the rise of the last two months of 1934, steel output for the current week was estimated todsy by the American Iron & Steel Institute at 43.4 per cent of capacity against an estimated schedule for last week of 39.2 per cent. The production rate was 32.7 per cent a month ago and 30.7 per cent a year ago. The in- crease over the previous week, one of the sharpest in the course of the cur- rent upturn in steel operations, was 4.2 points or 10.7 per cent. Current operations, on the basis of the esti- mate, are the highest since last June. _ FEDERAL LAND BANKS NEW YORK. January 7 .— Land Bank bondss ) * UP—Federal (Quotations as of 2 o'clock.) May and Nov., 1941-3 Jap.. 1956-36. Jan”. 1935.35" 1 Jine and Jag.1083:43 i b 222222020, Nov. July, NEW YORK BAR SILVER. NEW YORK, January 7 (#)—Bar silver easier, ¥, lower, at 54%. 194644, "Heres the See Wallace Beery in “THE MIGHTY BARNUM" A 20th Century Picture Net Asset Value Of Lehman Corp. At $88.36 a Share By the Associated Press, NEW YORK, January 7.—Lehman Corp., an investment trust sponsored by the banking firm of Lehman Bros., reporting its condition as of December 31 showed net asset value of $60,- 237,084, equivalent to $88.36 a share of capital stock outstanding. This compares with an asset value of $86.13 a share of June 30, 1934, and $80.51 & share on December 31, 1933. In the last half of the year, said | the report, there were substantial ad- ditions to the common stock portfolio, and but few decygases or eliminations. It added that “large blocks” have been acquired of such issues as American Radiator, Pittsburgh Plate Glass, Gen- eral Asphalt, Sherwin-Williams, Con- goleum-Nairn and International Cement. ‘The company also purchased addi- tional holdings of Atchison, Topeka & Santa Fe, Pennsylvania, Pullman, Southern Pacific, Texas & Pacific and American Locomotive. PRIVATE BANK ASSETS AND DEPOSITS INCREASE Special Dispatch to The Star. NEW YORK, January 7.—The| financial statement of Brown Bros., Harriman & Co., private bankers, as of December 31, 1934, reveals increases in total assets, deposits and surplus as compared with three months ago. To- tai assets at the year end were $56,- 666,085, against $54,963,324 on Sep- tember 30. Deposits rose to $30,588,687, as com- pared with $26,862,393, while surplus increased to $8,507,205, compared with $8,408,480 on September 30. The statement shows that a high degree of liquidity has been main- tained. United States Government securitles (valued at lower of cost or market) total $7,194,390, against $3,251,323 on September 30; cash amounts to $8,655,628, against $9,582,- 805, and call loans and acceptances of other banks total $8,002,197, against $9,803,529. e SHOE PRODUCTION LARGE. NEW YORK, January 7 (#).—Ac- cording to estimates in local trade circles, shoe production for 1934 ap- proximated around 353,000,000 pairs, the highest figure since 1929. SALES, Capital Transit 55—$3,000 at 90, $1,000 at 90. National Capital Bank—10 at 90, § at 90. Mergenthaler Linotype—S5 at 30. AFTER CALL. Potomac Electric 51 % pfd.—10 at 111, 10 at 111, 10 at 111, Bid and Asked Prices. BONDS. PUBLIC UTILITY, Bid Amer. Tel. & Tel. 4%:s . 107Y% Am. Tel. & Tel. ctl. tr. 5s.., 108% ‘Anacostia & Pot. R. R. bs... 78 Ana & Pot. Gua: 101 & P Tel. of Va. 55. 104 Samital Traction R R City & Suburban 5s.. Georgetown Gas 1st 5s. Pot_Eiec._Pow. Cons. b Potomac Elec. 65 19! Wash. Gas 53 1058 h. Gas 55 190 Asked. NEW YORK BANK STOCKS NEW YORK, Ji ] York Becurity Desters Assoctationr (Quotations as of 11 o'clock.) BANKS. lnnhl!tln 0)(2) Satimal Oy 5 Commereial (8) First Nation Public (1%).. TRUST COMPANIES. Bankers' (3)... Brooklyn Trust Central Hanover Chemical (1.80) . Continental (80) | Corn Exchange (3) Guaranty 120) Irving @ 7. ) Guaranty & Trust Lawyers County . *Includes extra. U. 8. TREASURY POSITION. By the Associated Press. The position of the Treasury on Janu- Receipts. $19.262.603.87; 8.516.06; balance, 436, m, O1: ' customs receipts fof Barber & Ross. Inc Wash. Rwy. & Elec, 4 MISCELLANEOUS. Barber & Ross. nlc.. 6%s. Chevy, Cha ntze Ci C."Paper Mfs. W. M. Cold Ewu e STOCKS. PUBLIC UTILITY. Amer. Tel. & Tel. (9) Cepital Transit Co. & W. Steamboat..’. Wash “Gas Lo Co.. (3500, Fot. Elec. Power (% pid. Pot. Elec. Pwr. 513" Wash. Ry. & Elec com. Wash. Ry. & EL p, 3 NATI 4) Gy AL BANK. Capital . Liberty Lincoln Riggs com Riges pfd Washington (). TRUST COMPANY. Amer. Bec. & Tr. Co. E Natl. ‘Sav. & Tr, Wash. Loan & Tr. (¥, SAVINGS BANK. Com. & Savings (4) FIRE INSURANCE. American a Corcoran Firemen's (1.60) National Union (.70). TITLE INSURANCE. Columbia _(.30) . Real Estate (5.00) MISCELLANEOUS. Carpel Corp. (1) . . Paper Mig Bmer. Bromo-Bels "A Lanston Monotype (4). Mergenthaler Linotype. Peoples Drug 8. pfd. ( Real Est. M- & G. ptd Security Storage (5) ... Ter. Ret. & Wh. Corp, (; Wdwd. & Loth. com Wdwd. & Lothrop pfd. *Ex. dividend. MONTREAL SILVER. MONTREAL. January 7 (# —S8ilver fu- tures opened eas January. 54.40b. March. 54 7 Ma. 5.15b: July. 55.70b; October. 3715 Bid. +'BUMPERS s1 WELDED $1 Taken OF and Put On, 50c Other Metals Welded WELDIT 516 1st St. NN\W.,, Bet. E Radiators Repaired CO., Inc. &F ME. 2416 060.37. Receluu rnr the fiscal year (since July 1), ,677.42; expenditures, $: 8033667 (ncladine e $) &5 of emergency expenditures); excess of ex- penditures. 2.35; gold assets, BELBIEeh d0s 'l o % Receipts’ for Janvary 4. 1934 (com. porable date last, sear), €10.641607.14; expenditures, § 04: net balance, $805.978.845 Teceipts for the D Redkints for it Aical ceipts for the .S (inciuding ] emex-\ gency expenditures); excess of expenditures, | $1,300.477,954.91; 'gold assets, $3 047,065.30. » ¥ FOREIGN MARKETS. | By the Associated Press. GREATER FEDERAL POWERS FOUGHT Coal Industry Offers Plan to Block Price Cutting for Itself. BY J. R BRACKETT, Astociated Press Financial Wr.ter. N. R. A’s present attempt to pre- vent price cutting from: bringing chaos to the coal industry is raising questions of far-reaching importance. While insuring order to the indus- try is a job itself, it is creating & new and greater problem in the ex< extend its power, and further than that, the broader question of come petition between industries. The coal industry has presented a plan whereby it would seek to con=- trol prices itself, as a substitute for an N. R. A. proposal granting that power to the Government. Both agree, as does labor, that coal price fixing is necessary to protect labor If the Government does take over the job—and a high official, who would | LONDON—Chcerfulne: 1 Stock Exchange today Business was brisk | especially in gold mining issues. oil share and other French favorites whic higher. Gilt-edged securities were b while trans-. met with support. The market closed firm Paris—Rentes closed strons _ after | weak start on the Bourse today. Copper shares also advanced. The closing tone was firm Berlin—Scarcity of offerings _stiffened | prices on the ‘Boerse today. especialls in nds. Quotations closed practically un- changed. RUBBER FUTURES. NEW YORK. ganuary 7 (#—Crude rubber futures opened irregular, 5 lower isher. January, 50; March. | 9 July. 14.15-16 THE Tr at re atten Lv. We Ar. St. Ar. Cincinnati « o o o o o Ar. Lovisville o o o o be named, thinks it must—it immedi- ately runs into the problem of de- termining the relative rights of mems- bers of not only the coal industry, but the oil and gas industries. In fixing coal prices, it can, in effect, expropriate property, and in | some instances it may do se. Coms= | parative prices among different sec- tions tend to determine the position of the sections in the industry. If, further, the oil and gas indus- tries continue their vigorous efforts to introduce their fuels and on a broader scale new competitive factors are introduced, co-operative adminise tration by the Government of the fuel industries might follow. FASTEST TIME SHORTEST ROUTE TO CINCINNATI LOUISVILLE & ST. LOVIS AIR-CONDITIONED NATIONAL LIMITED Washington travelers enjoy the many exclusive conveniences of this air- conditioned, feature train—including Secretary, Valet and Maid- Manicure. They find that good meals asonable prices; quiet, restful sleepers and B & O's personal and tive service add greatly to the enjoyment of the trip. 6:30 P. M. 8:30 A. M. o 10:50 A. M lovis . o o & 345 P. M. NO EXTRA ‘FARE ashington « o o o - D. L. MOORMAN, General Passenger Ag Woodward Bidg., 15th & H Sts., N. W. Phone District 3300 or National 7370 Iong and short of i | like Old Golds..because they like me.. We get along [AN oLD GOLD SMOKER SINCE 1931]) Dear Mr. Beery: In that one brief sentence, you've said a volume about Old Golds. Whena cigarette agrees with asmoker, with his throat and nerves, usually it suits his taste also, and suits it to a “T.” He finds it agreeable, in every way. ' Better tobacco makes Old Gold a smoother cigarette. But better tobacco also gives Old Gold delightful taste-appeal. Sincerely, P. LORILLARD COMPANY, INC. (ESTABLISHED 1760) P.S.—Did we say “better tobacco”? We'll go further: No finer tobacco grows than is used in Old Gold. And it's pure. Easy on both the THROAT and NERVES. AMERICA'S ;noolzmz CIGARETTE tent to which the Government may | |