Evening Star Newspaper, January 23, 1935, Page 11

URB TENDS UP AFTER RECESSION Some Improvement Record- ed by Utilities, Oils and Industrials. 8y the Assoclated Prese NEW YORK, January 33.—Some improvement in utilities, olls and in- dustrials gave the Curb market a better appearance in late trading to- day after prices had worked gradually lower in forenoon dealings. Fractional gains occurred in Electric | Bond & Share, American Gas, Gulf Oil, Sherwin-Williams, Swift & Co. and Lake Shore Mines, most all of which had been lower during the| early dealings. Montgomery Ward “A" advanced 2| points. Among issues declined were Quaker Oats, Pepperell, Parker Rust Proof, International Petroleum and Bunker Hill & Sullivan. BONDS ON THE CURB MARKET. DOMESTIC BONDS. | High Alabama Pw 415 i Alsbama_Pow 8 Asso &1 Ina, 138 95 ASS0 GAE 4038 4D € Asso G & E 8s av 55 b1 A% 8 515 &4 war Baldn Lo vs "38 ww Baidn Lo 6s 'J8 xw Bell Tel Can 55 A '3 Ceng Bta Eiec Cn 8t Ei 5 Cnt 8t PEL 5 Comnty P & Con Gs Ut us gt Firestone € M 38 Fiorida P & L 5 Gatneau Pw_5s - Gen Refr 6s 48 ww..1 Gen W G & E 05 A ‘43 6l Georgia Pw 53 67 . Ga 55 Glen Alden C Goeb B t'zs A Grand Tenk' 6! 25, 30. . Qi 4 1 Hall Bl Hous L & P 4'15 E Hygrace Fd s B '49.. HPw & L s A | Intersta Pw Intersta Pw 2" | Gen Tire & Rubber 258 % | % | Glen Alden C t “ | Great Northern “ Paper (1).150s 2 'xu lmvuym, B5Y 65Y 65 100 100 100 21 , | Imp Oil Ltd GR15 S1014 1005 101 8535 11'n, 11915 uu' 38 5 % | Intl Mining (k15¢) Sup of Tl 4745 Swift Co 5s 40 Texas Elect ex P & L 1 97 97 100 100 FOREIGN BONDE Gen Con Mun fls 4‘ Isarco Hyd E Ttal Bu'Bow 5 A * Unit Indus olas 41 v $ve 6 —With warrants. XW—Without ants. n—Ne'l wi—When issued. St (5tp) —Stam ENelolilbmty impaired by maturity. tCompanies reported In receiverahin FEDERAL LAND BANKS NEW YORK, Jlnul" 23 (#).—Federal Land Bank bonds: rqnauuans as of 2 c'clock.) -31 A — 2l Olfio Oil cu pf () 3008 Bunker Hill & Sullivan Mining & Concentrating Co.—Total income in November was $47,704; in 11 months Jotal was $874,734, - 1 A s | pf (kY | Cord Corp (k! k) . Creole Petrol'm. . | Humble Oil (1)... 4 | Klein (DE) Co Pennroad Corp..m 25 2 Stock and Sales— Dividend Rate. Add 00. High. Low. 2:55, AeroSupply (B).. 1 2u 24 2% Ala Pwr pf (7)... 1108 46 46'/. 46 Allled Mills, Inc.. 3 13% 13% Am Cities Pwr & Light A (3) 25831 31 Am Cynam(B)40c 32 17% 1% Am District Tel . 258 76 76 % % NJ . 31 20% 20 Am Founders. ... Am Gas&EN(11.20) 1008 83% 83% 14 9% 1 31 1% 76 % 19% 83% 14 9% 1 b Am Gas&Ei pf(6). Am Laundry (40c) Am Lt&Trac 1.20. | Am Pneu Service. Am Superpower. ! Am Sup'pwr pf. .. | Am Sup'pwr 1st pt Anchor Post Fen.. Appalachan Elec Pwr pf (7) Ark Nat Gas (A). Armstrong C k25 { Asso Elec Indus 1 Ltd (k10 3-ic) Asso Gas&El (4 Atlas Corp. Atlas Corp war 1% 11t 46'% & 1% 46% & n % % % % 23% 4 22% 5% % 8% 2% 72 5% 2% 15 40 2 15% Bald Loco bd rts. . Blue Ridge Corp. . | Blue Ridge pf(a3) Bowm-Bilt 1st pf. 1008 Brit-Am Oil coupon (80c). 1 Brit Celanese Ltdrcts.. 1 | Buckeye P L (3).. 50s ! Bunker Hill&Sul. 1508 { Butler Bros...... 11 34% 1 1 Cable Radio vte.. Cables & Wireless { Can Marcont. . ! Caro Lt&P pf (7). | Carrier Corp Catlin Corp. { Celanese pf (7)... | Celanese 1st pf(7) 2758 1064 3 258 3| Celluloid Corp.... 1 34 | Centrifugal P(40c 1 Chi R&M (k8732¢) Citly Cities Sel . | Cities Service (B) Cleveland Tractor Colon Oil Columbia 11 2 Com'with Ed 4). Cons Aireraft. Cons Copper. Cons Gas of Balto (3.60) | Cons Retail Stores | Cooper Bessemer. B Corroon & Reyn. . Corroon&Rey pf A C 0il (Me) ne & Co... Srrrmpsn o S rocker Wheeler. roft Brewing. .. Crown Cork Intl (A) (mTie) | Cusi-Mexicana M. - R Derby Oil & Ref Dictograph Prod. | Distilled Liqu | Distillers Cr, Doehler Die Cast. Driver Har (k30c) Driver Har pf (7). Duval Tex Sulph. e S o 10: astn Gas&Fuel Assoc (ko). f (6). ¢ Power Asso (A) (40¢) Elec Pwr & Lt 2d pf (A) 100s Jquity Corp. . x-Cell-0 A&Tool Fairchild Aviat'n. Falstaff Brewery. Fanny Far (25¢).. Fidelio Brewery.. | Fisk Rubber..... Flintkote Co (A { Fla Pwr &Lt pf. Ford Mot Can e (A) (M1%). Ford Motor Lt ! Froedtert Gr & conv pf (1.20)200s 1 3 120s 2 Garlock Pack'g(1) | Gen Invest Corp. . Gen Pub Sve pf... | Gen T&R pf A (6) 1008 a Pwr $6 pf. 258 4 Goldfield Consol. . Gold Seal Electric Great Atl & Pac i Tean-v (7). Great Atl & Pac Tea 1st pt (7). 1 208128 128 808127 125 24y ! Greyhound (Del). 21% Gulf Oil of Pa | Hartman Tobacco Hecla Min (40c).. H:oyden Chm 11%. | Hollinger G 11.30. 6 | Holly Sugar. .o | Horn&Hardt 1.60. 1008 21% Horn&Hardt pf(7) 10s 103 { Hudson Bay M&S. 2 12% 1 46% 3 1 1 Huyler'sof Del... 1 1 Hygrade Syl (2)..100s 28'% 2 111 Pwr&Lt $6 pf. .100s 16% coupon (t80c). Tmp Oil reg(180c) Imp Tob Gt Brit & 1(k1.03 9-10¢) Indianapolis P&L cum pf (6%). Int Cigar Mch (2). 34 16 1 16% 1614 135 258 57% 3 32% 35 57% 32% Intl Hydro Elec : i Systemcv pf 258 7% 4 14% 6% 30% T% 14% 6% 30% % 27T% Intl Mining war. Intl Petrolm (12). Intl Util (B).. Interst Hos (2)... Interstate Pwr Del pf.... Ital Superpwr deb rights. # 27% . 110s 1 8% 8% | Jones & Laugh Stl 30s Kingsbury Brew | Kirby Petrolm Lake Sh M (t4)... Lehigh C&N(50¢) . Lerner Stores. ... Libby McNeill&L. Long Island Light Louisiana L & Ex. Lynch Corp (2)... McWilliams Dr(1)200s 25% Mead Johnson(t4. 1 60% Mich Gas & Oil. 1 2% Mid West Util cvpfA (r). Mock Jud Voe (1). 1 1 13% .| South Am Gold "™ 2. | Amer. Tel ( Natl, Sav. & Tru 16% THE EVENING STAR, WASHINGTON, D. C., WEDNESDAY, JANUARY 23, 1935. N. Y. CURB MARKET Received by Private Wire Direct to The Evening Star. Stock and Sales— Dividend Rate. Add 00. High. Low. 2:55. Pepperell Mfg (6) 408 84 83 Phoenix Secur.... 3 1% Ple Bakeries (4 9 Pierce Governor. . Pioneer Gold Mines Ltd(80¢) . Pitney Bo P (20¢) Pitts Plate G 1.60.150s Piemier Gold 12¢. 3 Prop'ties Real vtc 708 Puget Sound P & L. $5 pf.220s Puget Sound P&LS6DL.. Pure Oil pf. 10% 10% 6 5% 56% 56% 1% 1% 13% 12% 17% 16% .190s 11 30s 40 10% 5% 56% 1% 13% 17% 11 40 10% 9% Quaker Oats (16). 108127 127 127 Rwy & Lt Secur. . Rwy&Util Inv(A) Reliable Store: Reybarn Co. Reynolds Invest Russeks Fifth Av. St Regis Paper. .. Salt Creek P (80 Scovill Mfg (1). Selected Indus Selected Indus allot cfs (3%).9508 Shawinigan Wat & Pw(500). 1 Sherwin Will (3). 1008 Smith (A 0)..... 900s Sonotone Corp : 3 22% 22% 2 1% 1 541 53 19 88% 45% 1% 19 88 45 1% & Plat (k30c) South Penn O 1.20 Southn Calif Edispf B(1%) Stand C& S 2.40.. " 19 18% 30% 30 21% 20% 2 9" 9 15% 15 13% 13% Stand Oil Neb. . Stand Ofl Ohio. Stetson (J B) Stutz Motor Sunray Oil. Sunshine Min 64(: Swift & Co (175¢). Swift Intl (2) 31% 31% Tampa Elec (2.24) Tastyeast, Inc(A) Technicolor, Inc. . Teck Hughes (40c) Texon Oll&Ld 60c Trans Air Tr sta. . Tubize Chatillion. 3 b2 Tubize Chatill(A) 5008 14' Tung-Sol Lamp. . 8 26 25 & 1% 11% 4 3n 6% 6% % 5% 14 5 *| Union Gas of Can Unit Carr F (60c). Unit Dry Dock(r). Unit Founders... Unit Gas Corp.... Unit Gas Corp pf. Unit Lt&Pwr (A). Unit Lt&Pwr pf.. Unit \h)]ah\vs Ltd ( 20 Unit bhoe \ll1l‘~ 125s U S & Internat'l Secur 1st pf ww 100; U S Radiator pf... 50 Univ Consol Oil. Utilities Pwr&Lt. —_— Voght Mfg (ki0c) Walker (Hiram). . Walker (H) pf(1) Wenden Copper. ., “' Va Coal & Coke n Air Exp(n) \\ estn Cartr pL(6) Westn Pwr pf (7). 7 3 13 Westvaco pf (7).. 258102 l\*fl 102 Wright Har(i60c) 7 8% 8% 8% Dividend rates in dollars blltfl last extra. iPlus 4% in s g‘&h‘ ar"su}(ck . n stocl &Plus 6% 1In stock. hP; n seript jPlus 8% in stock DPli‘fl,:R}: year — no regular rate. mAccumulated dividends. nPlus 10% In stock kPaid last year—no regular rate rCompanies Jeported in recelvership or being reorsan- Washington Exchange SALES. American Security & Trust Co.—10 at 200, 10 at 200, 3 at 200. Bid and Asked Prices. BONDS. PUBLIC UTILITY. Amer. Tel. & Tel 4%s Am. Tel. & Tel. ctl. Anacostia & Pot R. &% Capital Traction R. R. 5 City & Suburban 5s. Georgetown Gas_1st bs. Pot. Elec. Pow. Cons. 8 Eotomac Bl ‘Elec. 65 1953. Bid 1391069, . dr. 6s.108 Bs.. 71 6s. series’ B. - Wash. Rwy. & Elec, 4s. 100% »uscm.uNsous Barber & Ross. Inc., 6Ys. o Chevy Chase Club 5igs. Col,_Country Club 515 C.'Paper Mig. 6s. 3 Cold Storage PUBLIC UTILITY. & Tel. (9)..... 105 Capital Transit Co (1.00} . N Steamboat (6.00) Wasn. Gas Light Co. (3. <;u) Pot. Elec. Power ¢ pid. 1 Pot. Elec. Pow 5%2% pfd... 1i1% Wash. Ry. & Elec. com. (7). 205 Wash. Ry. & El pfd. . 100% NATIONAL BANK. capitar (1) 20 57 TRUST COMPANY. g e .. 18 01 WashLoan' & 15 i$)” SAVINGS BANK Com. & Savings (6)..... FIRE !NSURANCE American (12) . Corcoran ( Firemen's (1.60 National Union (.70) TITLE INSUMNCE Columbia_(.30) Real Estate (6.00) mscl-‘.Lx.ANlous Carpel_Curp. (1 D. C. Paper M | Emer. Bromo-sel Lanston Monotype 3 Mergenthaler Linotype. geoples Drus 8t pid (6. 50) lll”: Real Est. M. secumy smu < (5: . Rel. ( 38 Wana & Lotn com a0 39 Wdwd. & Loth. pfd. (7)... 110% “Ex dividend. - CHICAGO LIVE STOCK. CHICAGO, January 23 (® (United States Department of Agriculture).—Hogs. 9.000. including 13.000 direct; siow. 2o lower than Tuest welghts al Dpounds. pounds, 7. 275-550 .2527.65; and tho!ce IU() 140 ‘pounds.’ 5.25a Cattle. 11.000 commercial; 300 Gov- ernment: calves, 2.500 commercial' 100 Government; strictly good and choice fed steers and yearlings steady; top. 12.75; Molybdneum 8% Mnt Wrd A m15% 140- 133 1sw, 133 Moody’s Invest Sve pf (k50c) 258 28% 28% 23% Murphy Co (1.60). 1 76 76 76 Nat Bella Hess... 24 2% Nat Dairy pf A(7) 1258 107 108 108" Nat Fuel Gas (1). 4 13% 13% Nat Investors. 1 1% 1% Nat Invest war... 2 % Nat Pw&Lt pt (6) 1508 sm Nat Rubber Mach. 2 Nat Transit (70c) 1 'l% Natomas Co(60c). 3 8% New Mex&ArizLd 2 1% NewmontM (k1). 2 36 36 NY&HonR 11%.100s 36 36 N Y Tel pf (63%)..100s usv. 116 us;g Niag Shrs(Md) B. 3% orthern States Power (A) 200: orthwest Eng. ovadel Ax ¢ % % 8% 1% 9% 7 90% —_— Pacific Eastern... 381 Pac Gas & Elec 1st pf (1%) 100s Pan-Am Air(k50c) 3 Parke Davis t1.40 100s Parker Rust P(3) .400s 40% 34 61% 1% % | good and choice, % 7.0088.00; best, vearlings 1365: steers and vearlings sl k to 25 Jower on kinds selling at. 10.00 downwara: active and frm to sliehtly higher trade I she stock: bulls slow, steady Veafers fully steady; slaughter cat v n 8. oo-u .00, Jmed cull and co 5.00! stocker and feeder cattl choice. 500-1,050 chy a5 all weights,’ comman and medium. 3.008 4.00; feeding s b!. 50 76 pounds, good and choice. 70 ll Pennsylvania Coal & Coke Corp.— 1934 preliminary deficit was $19,058 Ve, deficit of $183,84L, o Asked. | STEEL MILLS SET STILL FASTER PACE Expanding Auto Production Lifts Ingot Rate to 5115 Per Cent. By the Assoclated Press. NEW YORK, January 23.—“With automobile production rapidly ap- proaching 1930 levels and with miscel- laneous demands for iron and steel multiplying, ingot output has been given another boost,” says the Iron age. “Rising to 51, per cent from 49 per cent last week, raw steel pro- duction has attained a rate that was not reached a year ago until the middle of April. “Further gains in operations are apparently assured, though a setback in scrap has introduced a note of caution. Following the declines at Chicago last week, scrap prices in most market centers have lost much of their buoyancy, and the Iron Age composite for heavy melting steel re- mains unchanged at $12.33 for the third consecutive week. The current hesitancy of old ma- terial prices, though possibly attribut- able In part to uncertainty as ‘o the outcome of the gold clause case, is generally regarded as a temporary re- action from excessive bullishness on the part of the scrap trade. It is too early, it is believed, for scrap to portend a leveling off of steel pro- duction. Auto Makers Seld Out. “Certainly there are no evidences of relaxation in the demand for steel from the automotive industry. Mill deliveries on cold-finished sheets, used for motor car bodies, have extended to five or six weeks. Leading automobile makers are virtually sold out until April 1, passenger car sales this month | being double, those of last January. Production in the first quarter is now estimated at more than 1,000,000 cars, as compared with 749,532 in the same quarter last year and 1,046,689 in 1930, the last year in which output in the | first three months passed the mllllon’ mark, “With some full-finishing units run- | ning at capacity, sheet mill opera- | tions are now averaging 60 per cent of capacity. Strip mills are operating | at a similar rate, while tin plate out- ‘ put is holding at 60 to 65 per cent. ¢ “The growing diversification of steel demand, whick is particularly marked | in the Chicago district, is ascribed not only to increased production of mis- | cellaneous finished products but to a | resumption of delayed plant main- | tenance work. The appearance of \ numerous small building projects also l indicates a more confident attitude on the part of private enterprises, at any rate so far as moderate expenditures are concerned. Public utility com- *¥% A_11 panies, however, are covering their requirements with extreme cautlon. Steel Bookings Mount, YOUNGSTOWN, Ohio, January 23 (). —Total orders for steel received by Republic Steel Corp. in the first 17 days of January were 55.7 per cent greater than in the same period in December, T. M. Girdler, president, announced today. Girdler said that although much of this steel went into automobiles, the orders embraced many different prod- ucts. They were booked by the parent | company “alone, exclusive of subsidi- aries, he said EE e NEW YORK BAR SILVER. NEW YORK, Jznuary 23 (#).—Bar silver steady, unchanged at 54%. —— Goodrich Silvertown Stores ANNOUNCE THE THREE-DAY GRAND OPENING of a New Automobile Tire and Accessories Store 1522 14th St. N.W. “EVERYTHING FOR YOUR CAR” GRAND OPENING VALUES SEAT COVERS | 69 ‘W) . ng»a 3 Coupe Protects your clothing—preserves car upholstery —adds to car trade-in value. ALCOHOL 188-proof Nethyl Alcohol, with rust inhibitor. Special for this sale— & 49c o In Bulk BUMPER GUARDS 69c Pair Universal types — fits all cars—prevents cdamage to tail light, fenders, tire carrier, and spare tire. TUNED TRUMPETS A fine set of trumpet style horns giving a distinctive warning sig- nal. Smart, dependable, attrac- tive inexpensive. Mirror Clocks, as low as ..$1.98 Cigar Lighter Spotlights ..........99¢ Fender Flaps .......25¢ Thrift Speed Polish, %2 | R e ] T Simoniz, Wax or Kleener .........42¢ Radiator Ornaments . .95¢ NO MONEY DOWN:: IT IS A PLEASURE to extend a hearty invitation to all of the motorists of Washington and vicinity, to visit our new modern type of automobile accessory store! We are offering a complete line of high-quality automobile accessories at unusually reason- able prices. If you desire, we can arrange convenient easy credit to fit every pocketbook! Make this your headquarters for every- thing for your car and come in and get acquainted whether you need anything right now or not. FREE SOUVENIRS cCoM Goodri Price as low $4.95 Exchanse E IN A ND GET BLOW-OUT PROTECTION FREE! Thousands are killed or injured every year in accidents caused by blow-outs. Why risk trouble and delay on dangerous, worn- out tires? Come in today and let us equip your car with Good- rich Safety Silvertowns—the safest Tire -Ever Built—the only tire with the Life-Saver Golden Ply, proved three times [} safer from blow-outs at high le No More Than Other Standard Makes When it comes to power, and plenty of it, where an d new Goodrich Electro-Pak isa knock-out! SUPER POWER FOR QUICK STARTS and all the modern car “‘extras” « TIRES—BATTERIES * RADIOS—HEATERS Small Additional Charge on Easy Pay Plan YOUR CREDIT IS GOOD HERE 1522-24 14th St YOURS MOTOROLA AUTO RADIOS It’s a real thrill to enjoy your favorite radio pro- a gram as you drive. Makes long trips seem shorter and Winter driving more pleasant. REAL VALUE s3952 PLUS INSTALLATION Keep Your Car Warm These Cold Winter Days GOODRICH DE LUXE HEATER Why let a little thing like cold weather take all the joy out of Winter driving? We will install a Goodrich De Luxe Hot Water Heater in your car without delay. Drive in a warm car starting tomorrow. AS LOW AS ..... 36__2 GRAND OPENING VALUES BETHLEHEM SPARK PLUGS 29c ran No better spark plug can be bought at any price Doubly sealed to prevent leakage. FENDER GUIDES 69c * Prevents damaged fen- ders by showing position of fender when parking or passing «other cars. Beautiful chromium fin- ish. Easily attached with clamps supplied with guides. High Quality VINDEX MOTOR OIL N 5-Gal. sz 4q Can Plus Tax Zero test, wax free motor oil in refinery sealed cans and sold on a money-back guarantee. Brake Lining Sets Ready Cut as Low as $L.19 Quality similar to that used by car manufacturers. Fully wvul- canized to resist water, oil, and heat—pre-formed to fit curva- ture of brake shoe, Emergency Chains as lowas . ... .39¢ Floor Mats, as low as. 64c Radiator Fronts ..... 39¢ Tow Ropes ... 29¢ Eveready Flashlights. 39c Radiator Stop Leak.. 14c Fan Belts, as low as.. 27c DAYS ONLY USE OUR BUDGET PLAN NO DELAYS Just select what you need and tell us how you can pay. Itonly takes a couple minutes to open your ac- count. Goodrich Silvertown Stores J. D. TITUS, Manager N.W. NO RED TAPE Immediate service—no long investigations. your license certificate for identification. Just bring YOUR CREDIT IS GOOD HERE