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CURB LIST HOLDS 10 NARROW RANGE Buyers and Sellers About Evenly Divided and _ Volume Is Low. By the Associated Press. NEW YORK, March 8 —Trading on the Curb went along at a mild pace today, with buyers and sellers about evenly divided. Except for random irstances price shifts were desultory. Shares which moved ahead from fractions to & point or so included American Cyanamid “B,” Bunker Hill & Sullivan, Electric Bond & Share, Heyden Chemical, Newmont Mining and 8wift & Co. Small losses were sustained by Aluminum Co. of Amer- ica at 38 and Distillers Corp. Sea~ grams at 15%. Stocks to run ahead of the field on the upside were Dow Chemical, with a 2-point gain at 86, and Pittsburgh & Lake Erie, up 2% at 56. General Motors Sales Climb to 77,297 in Month By the Associated Press. NEW YORK, March 8.—Sales of General Motors cars and trucks to consumers in the United States during February totaled 77,297 units against 54,105 in January and 58,911 in Febru- ary, 1934. Sales to dealers in the United States in February were 92,907 units against 75,727 in Janugry and 82,222 in February, 1934. Total sales to dealers in the United Btates and Canada plus overseas ship- ments were 121,146 units in February, compared with 98,268 in January and 100,848 in February, 1934. For the first two months of the year sales to consumers were 131,402 units against 82,349 in the like period of 1934. Sales to dealers in the United States were 168,634 against 128,412 and total sales to dealers in the United States and Canada plus over- seas shipments were 219,414, compared with 163,354, ———e. SLOAN HEADS TEXTILE DISTRIBUTION COMPANY | By the Associated Press. NEW YORK, March 8.—George A. Sloan, former president of the Cotton- Textile Institute, Inc., announced yes- terday the formation of a new textile distribution company to be known as | George A. Sloan & Co,, Inc., with him- self as president and D. W. Jarvis, former selling agent for the Amoskeag Manufacturing Co. of Manchester, N. H., as chairman of the board. The company will represent the Amoskeag Co. and the Suncock Mills of Suncock, N. H, and have branch offices in Philadelphia, Baltimore, | Boston, Detroit, Chicago and San Francisco, Sloan said. o YEAR'S LOSS REDUCED BY WORTHINGTON PUMP Bpecial Dispatch to The Star. BALTIMORE, March 8—Emerson Worthington Pump & Machinery Corp. and domestic subsidiaries report for.. 1934 consolidated net loss of $1,083,197 after - depreciation, taxes and other charges, as compared with & net loss of $1184,642 for 1933. ‘The company’s balance sheet as of | 3 December 31 shows total -current assets of $8,188,797, including $985.004 of cash and marketable securities, and current liabilities of $629,194. assets amounted to $21,586,725. RAILROADS DISCLOSE By private wire direct to The Star. and Divtiend Rate. 40800, Aero Supply (A).. 4 Auo anly (B).. Alum'n Co of Am. aigh. 8 4 3% 38% Alum'n pf (1%).. flou Am Beverage. . Am Cynam(B)é0e’ Am Founders 1st pf (D)., 258 m Gas&El(11.30; & m Gas&El p£(6) 1758 Am Invest, Inc. .. Am Lt&Trac 1.20.. Am Superpower. , Art Metal (k26c).. Ass0 Elec Indus Ltd (k10 3-5¢) As30 Gas&El (A). AtlasCorp......e Atlas Corp war.., Atlas Corp(A)(3). BlueRidge Corp. . Blue Ridge pf(a3) Bridgeport Mach. Brit-Am Tob cou B (p35 3-5¢) . Brown Forman Bunker Hill&S! - < Cables&Wire (A). Cables&Wire (B). Can Indus Alco A. Can Marcon!. C|r|b Syndica Cen P&L 1% ot ml%) Cen( &S W Utll.. ChidsCoopt. .. Cities Service. Citles Service pf. . Cleveland Tractor Columbia Gas & Com'with Ed 4). Cons Copper. Cons Gas ot Balto (3.60) Cons Retail Stores Cooper Bess pf A. Corroon&Rey pt A Cosden Oil (Me. Creole Petrol'm. . Crocker Wheeler, Croft Brewing. .. Crown Cent Petm. Crown Cork Intl (A) (m75e) Cueno Press(1.20) Davenp’t Hos (2). Lictograph Prod. Doenler Die Cast. Dow Chemical (3) Duval Tex Sulph. | East'n Gas & Fuel Prpt (4%) | Eisler Siec Cor Elec Bond&Share. Eleoc Bd&S pt (6). | Elec Pwr & Lt | opt war. . | Equity Corp...... Kx-Cell-0 A&Tool Fairchild Aviat'n. Fidelio Brewery.. Fisk Rubbet | Fora Mot Can | (A) (K1%). | Fora Motor Ltd. . Forem'st Dairy pt - BER e e oS | Gen Auloys | Gen Rayon Ltd A. Glen Alden L Ti'% | Gold Seal Electrio Gorhm vic ex p5Ve Great Atl & Pac Tea n-v (17). Greyhound (Del). BONDS ON Total | ATka NETS BELOW YEAR AGO [£isf™s, By the Associated Press. NEW YORK, March 8.—Net railway | Sent 1! operating income of the Class 1 rail- roads in January amounted to $21,- | &R, 348,557, which for that month was at | the annual rate of return of 1.50 per | cent on their property investment, ac- | cording to reports filed by the carriers | with the Association of American Rail- | roads. In January, railway operating income was $31,- 058,275 or 2.16 per cent on property | & investment. STUDLEY IS RE ELECTED BY WOOL ASSOCIATION By the Associated Press. 1934, their net | Cities Service Cities Service. Cit SBrv Gas 5 & Firestone Plondl P BOSTON. March 8—Robert L. | fiu. Studley of the Boston wool firm of Studley & Emery, was re-elected president of the National Wool Trade Association yesterday. Other officers named included: Vice presidents, Mark Harris, St. Louis; Hubert 8. Silberman, Chicago; Lorin H. Tryon, San Francisco, and Herbert ‘K. Webb, Philadelphia. Clark Baker of Roswell, N. Mex.,'was | added to the list of directors. e PRICE RISE TO SPUR By the Associated Press. WOOL GOODS BUSINESS NEW YORK, March 8—The hll season opening of lines of staple and = fancy suitings at prices 5 to 15 cents & yard over opening Spring levels, says the New York Wool Top Ex- change, is expected to lead to sub- stantial early business in the wool goods frade, inasmuch as the prices? are conhsidered moderate. Clothing manufacturers are reported anxious to get started on Fall purchases. UTILITY DIVIDEND VOTED. CHICAGO, March 8 (). —Directors of the Commonwealth Edison Co. to- day’ declared & dividend of $1 per | p share on all outstanding capital stock, payable May 1 to all stockholders of Fecord on April 15. SILK DELIVERIES DOWN. NEW YORK, March 8 (#).—De- liveries of raw silk to the mills last month amounted to 41,732 bales. This | & quantity was 12 per cent smaller than in January, but 6.9 per cent greater than in February, 1934. —_— NEW YORK, March 8 (#).— Missour! Pacific Railroad Co. is re- ported in the market for 10,000 tons of rails and the Erie is said to be considering t.he purchase of 20,000 tons. BRAKE SHOE BUYS PLANT. NEW YORK, March 8 (#).—The American Brake Shoe & Foundry Co. has purchased the plant of the Rail- way Materials Corp., at Toledo, it wn reported. The plant is expected to be remodeled as a brake shoe foundry. _— Sheet & \’rube Co.— orden received by company for 3,600 tons of 10-inch pipe and 10,000 tons of 6-inch tubing were said to involve more than $1,000,000. L 5s P S 5s '78 ar. Nevada Calif s b Tenn Tex P o edn Twin C Un West. New De Wes 'l‘ex U 5s A '57 FOREICH g Por Gl%s Con Mun 7s '4 ES & U bls nml- Bs u 21 Rus 6%s ctf N C ‘19 UnIndC H & Unlt Indu:ne (stp)—8t: -':"‘--mn‘:‘}‘."‘ Tur mrw oo e 4 5% b% ) 1258 102% 102 Ccllulmd Cp 1!! 012258 T4 ...2768 27 - KON DOMESTIC BOI ants. INegotl panies 102 “ “ 25% L 21 1 % Elec cv pt (5) 150- 9 & - T L] 1% 1 17% * 184 3 17% 16k 208127 127 127 22 34w 83 33 THE CURB MARKET. INDS. h. Low, Of 100 Noon. 190 &, & & 07 {4 20 'v: 2% i) 28% 15' 5 8 60 104% 104% 104% 80 ho% £, £ 0513 95! 5: 94 102% 102% 102 10 V‘lsfil‘ 107 107 % 75 87 7. 74y 7l it | b 51 ufi My'; 59 5 xgx % 101% m) % . lmvv. 13:»'/. 100% 102 102 100% lgo'/n %a 105% 'u% v. 35% 34. 37! uv, 1 1! uny:'su-a % | Retiable Stor & | Salt Creek P (80¢c) THE EVENING STAR, WASHINGTON, D. C. FRIDAY, MARCH 8, 1935. N. Y. CURB MARKET Stock and Dividend Rate. A“ 00. High Groc Store pr vte. * Guit Ofl of Pa.... Low. Close. 53 6% 1 41% 1% 22% 124 46% 36% ) Heyden Chm 113 Hollinger G {760. . Horn&Hardt 1.60. 25s Hudson Bay M&S 9 Humble Ofl (1)... 7 Hygrade Syl (2)..375s Imp Oi1 Ltd coup (1800).....0000 Insurance Co of North Am (3) Int] Mining war.. intl Petrolm (12), Intl Ut (A)..... Intl Util war. Irving AC (pl0cl —— KleinertCo...... Kreuger(G)Brew. Lake Sh M (14)... Lehigh C&N(50¢) Libby McNeill&L. Loblaw Groceries Ltd (A) (1)..2008 Lone Star G(plse) 1 Long Island Light pEB(6)... Louisiana L & Ex. McCord Rad (B).. 1 4% Mavis Bot (A)(r). 5 % Mayflower As (2).2508 44% Mem NatG (pl0c 1 2 Middle States Petrol'm vtc(A) 1 Molybdneum . 27 Moore Drop Forg A (k1560)...... Mount Frod 160¢) 2 g 1 5 4 8 2 1 1 29 5 1 57 % % 18% % 58 43% 9 6% 1 27% 1 4 27% 2 4 Nat Bella He Nat Dairy pf Nat Fuel Nat Investors. . % Nat {nv nhml%) 100s 56 Nat Leather. 4 NYP&Lpf (6).. 160-50 NatSugar NJ (2) 1 382% 32 Natomas Coc60c). 9 10 New Brad Oil 20c. 10 2 New Mex&ArizLd § 1% Newmont M «k1). 7 am N Y Shipbldg 40c. 2 N Y Telpt (8%). .100-119h Ith ll"h Niag Hudson Pwr Niagara Hudson e W % 758106 106% 418 12 L) Pacinc Pub Sve pf Pan-Am Air1)... ‘antapec 1l FrSwew Penuroad Lorp. .. Penn Mex F k75c¢. Penn W & P (3).. Phoenix Secur. Phoenix Secur pf.. Ploneer Gola Mines Ltd(80¢) Pitney Bo P (30¢) Pittsb'gh LE(213) 10s Pitts Plate Gl (2) .30us Potrero Sugar.... 1 Premier Goid 12¢. 1 Prod Royalty 2%¢ 1 Prop'ties Real vtc 50s Puget Sound P& L$bot Puget Sound Pa&aLsépt.. Rwy & Lt Sec —on oo 108 10s . 258 1 Richfield O1l Cal i) see: 1 Rossia Intl Corp. . by Ruberoid Co (1).. 4% 5% 45 % 61 2% P 5 268 Seeman Bros 3% Selected 1naus. .. Seiected Indus allot cfs (3%).100s Selfridge(k9 3-5¢) 3 Shattuck Den .4in 1 Sherwin Will (3).200s 88% 88 88 Sherwin-W pf (6) 20s112% 112% 112% Singer Mfg (6)... 208248 245 248 Smith (AQ)..... 100s 42 42 42 South Am Gold 3% 3 1 2 2 S'A 3% 22% 18% 17% 19% & Plat (k2ue) South Penn O 1.20 Southn Calit Edisp? B11%). Southn Calif EdptC(1%) Stand O Ky(t1%) Stand U1 Ohto. ... Stand Silver & La Stein Cosmet (r). Stuts Motor...... Suliivan mennu Sunray Ol .. Sunshine (30¢). .. Swift & Co (175¢) Swift Intl (3).... — Technicolor, ine. . Teck Hughes(4vc) Trans-Lux Daylite o a 8 e wadmT oS 8 Picture Sn (20e) Tri-Contl Cp war. Tung-Sol Lamp. . —— Union Tobaceo. .. Ao wmw Be Unit Gas Corp. Cnit Gas Corp war Unit Gas Corp pt . Unit LtkPwr (A). 13 Unit Bhoe M(143 1768 Unit Sh M pf(1%) 30s U S Kol (B,t60c). 1 Unit Verde Ex 406 6 Utah Pwr & Lt pt (m1.16 2-3¢) 258 Utilities Pwralt. 2 Utility Equities.. 1 Utility Kq pf(3 )uw. Utility & Indu. Utllity & Indus pf 1 ——— 11 1 4% bl % 1!‘ 264 _26% 1% 17% 17% % & % % 9% % % % Walker (Hiram). 2% Walker (H) pf(1) ™ Wenden Copper. . Wright Har(t60¢) 71 Yukon Gold...... 1 Dividene rates in lou-n A oie S5 casn or Srock - :I:‘l’ fPlus 5% <uck I |n -n- r Compa! Teorg: T e L i o EASTER DEMAND HELPS. NEW YORK, March 8 (#).—A limit- ed demand for Easter merchandise provided the principal activity in the lesale stal mnkn this nek wholesal tionery Orders for items for Spring pmmuonl. itis nld began to days ago. FORD INDEX DECLINBS. NEW YORK, March’ ; ‘fflfld—;':rl‘he weekly food index of Dun radstreet declined 2 cents last week to $2.68. In the previous week there was a 5-cent decline. The index stood at $2.15 & year ago. GETS WESTINGHOUSE POST. NEW YORK, March 8 (#).—Thomas R. Langan has been appointed trafic manager of the Westinghouse Electric & Manufacturing Co., with headquar- | ters at East Pittsburgh, Pa. He has been connected with the company since 1906. BAVANNAK NAVAI. STORES. 0~ Torpentine jes repur{ed .la”unlv“ othera ar &5 dividene. uper in volume about 10 | ™o mber, lor'“ %l"'n :;;"sfm".v "®. H) & Oo—Pebruary ofl&nw.:m&m Kress sales were ™ot ¢5 W mr condition, EGG QUOTATIONS ARE STEADY HERE Hold at Unchanged Levels. Live Poultry Rules Barely Steady. Egg quotations were steady at un- changed levels on the Wash'ngton produce market today. Live poultry * was barely steady and unchanged. The summary with egg, live poultry, fruit and vegetable prices furnished by the Department of Agriculture follows: BUTTER—One-pound prints (93 score) tub, 38; one-pound prints (90 score). 32 tu: 34 one-pound prints (88 score). ATS—Beef. 120 1D, pork giris. 5 n b smo) 23 A0ard. 1o 4a16, compatng. bac i 12 L\vz STOCK.— mh light, u-mg 38 s EGGB—M t ed fint rmhu lmo. nn'l’a.erv Government extras. ge. 26%3; s, U. ; extras. Teatum, =% OB, larg “FHVE POULTRY —Market barely steady at unchanged prices: Ieceiots iiberal and stocks not_moving freely. 13 Col all sizes_10820; Leg 5 100 D S winter ‘chisken, 16818, Spri -?ma e s and Vegetables. Sales In large iots by original receivers up to 8 am. today APPLES Two' Washington. one Oregon arrived: one broken ‘and three unbroken Gars on track. Bushels: Supplles moderate: demand market, weak. virginia, Staymi L0081 58 23,-inch minim; 8. No bounds. 24825 Fr 8. 1, 2%-inch 213- Inch mlnimum. ) minimum, 1.80a1.65; -in 158 Toais0: Deuclou LA minimum. n 1 yarietles. 50a1.00. Bos edium to Jares sizes, Sta Exira’ fancs: 2008 25, ¥ % Sml7rnbur{l Rom EXira fancy thans 1.35, ans lnddf ous ancy fancy an 21.90: {ReBAGE—No cariot broken and one unbroken c: Supplles' moderate: demand market weak. Florida, 11 domestic round tybe. freight receints mi Iy around 3.00; truck receipts, 2 508% 557 faig condition 3 ¥one Owlorida arrived: _one Broker AR toree Unbioban chaTon. trank Susplies’ podsale; demana ekt 0 3-8 dozen. 3.00a3.28: n’th' f""“‘ Lettuce Prices Steady. LETTUCE—Four Californis arrived: nine broken and seven unbroken cars on | track. Western stock: Bupplies moderate: demand moderate: tead: 7ona' and "California, bere iyve. 4-5 uo:m Southern ll ht dem-nd limites 2. 115 bc:_mm ers. Big BOston typ 7881.00; practically no de- mand for ueb!fl y) 'ONIONS.No. ‘catiot’ arrivals: one, broken car ‘on track. moderate: demand moderate sty Michigan. Nt' York Ind ks U. 8. No. one car reconsigned: Supnlies nmvea two hreken nm‘lli I:n unbrolen un on track 8u 00., m—flo“belrlot arrivals: seven 0. 1. ‘mostl: aTound H0C Pennsyivania: truck receipts, 1b. sacks. Round Whites. U. 8. No. gaho, "100-1b, “sacks.” Russet Bur- stoek: Sllnnlles noderate: Nemand HeneT mAcker endy. “Forida busnel crates. ss Trlllmnhs U. 0. 1. 1.7582.00. CH—One ‘Texas arrived; two broken and two unbroken ca: n Supplies light: demand the _market STRAWBERRIES—No carlot d no cars on track Truck receipts mo te: supplies moderate: demand mod- market steady. Florida, freight re- receip ide 1581 ‘Boor. conmuun S Der pint: few I s ST B e ik ToEs— e North Caro- llnl. one 'l'enn!llee arrived: two unbroken n_track. Supplies moderate: de- North Caro- g 1.25: poorer lower: Mar. 1snd. Anne Arindel ‘County. bushel, ham- . Jersey type. No ROMATOES. No carlot Arrivals: Bo on track. ~Suvolies light: demand market dull. Floride. Tug boxes. ripes and turning. wrapped. 6x6 and Tarser 3.508 4.00; mostly 3.75. c.nllfl-ur Alse Stesdy. CAULIFLOWER—No _carlot arrivals: two broken and two unbroken cars on track. ~Supplies moderate; di light; market steady. California, 1.65 Vi Rosrenoner. MIxED VEG LES—One Texi (v unbroken cars on track A BEANSSupplies light: *demand market steady. Cuba. bushel 0. NS —No cariot arrt thre Brokm cars on 2 s by efluu arrived: Gemand.moderate: mnnz . “Florida. bushel hampers. L Foal75: “Tair ondition. 125, D clishts demand light: market stea 114-bushel crates. 3.00a3.50. m—nmmny no supplies !K—Avnronmltll 100 ucn:u by express arrived: supplies 'Ta mand siow: market steady. Florida. bushel hampers. 'white ‘wrapped and = yellow crooknecks. 1.50a1.7! PPER! rived: LIM, ;‘nodeute. 37 ampers. BREEn > B onthe mark 8QU. erate: | demand light: market y. 1%-bushel rates. ereen, fancy .'4 "5-'! 50; choice > ORRA suppiies yer limited: market steads. crates, ' 4.50. Bl LI—No carlot arrivals: Supplies light: de- Crates: Call- light: _demand Cuba, six-basket broken car on track. mand light: market stead fornin 4.00: Florids. 7 upplies modenate: matket stead baskets. mostly around 50. Practically no supplies on the market RHUB, — Supplies light: demand moderate; market steady. Michigan, 5- pound cartons, 55a60. N Q I braken &nd one unbionen ‘Cats o tFACK ne uni e Caltformln.” Western e Erates. 306 Texas, % erates. vis Balti- O! SPROUTS-—Supplies llberll dmnnd llo' South Carolins, bushe! baskets. 20a4 LEM( Californta arrived; one unbroken car !l £ 2 Virvinia, bushel baskets. DEWS — Chile, erates. 1.50a 2,000 1ew nirees 25 TURNIPE—New Jersey. bushel baskets. - nA'VOCADOG—CllllomlA. boxes. 1.758 BRUSSELS SPROUTS — California. drums, 328 ORANGES — No_carlot arrival four broken -sg o unbroken, cars o on ok 2008275 us to site, .- GRAI lm‘-—'no Florida arrived: roken rs on orita. toree WorroCtT SA4% 55 according to srade and size. !. o L Exvress Arrivals. eutu u?lnt. 17 h t) t % ushel *baskels cm-unug'.m '?""' by beans, 4 42-a TTels salad X 1 erstes peppers. | Mic Lun 81 e-ruml (55 pounds each) Wn origin. 16 crates mixed 'en!lb SPOT BURLAP DECLINES. NEW YORK, March 8 (). decline in sterling exchange during !heveekmuludmldxwo!loto 20 points in spot burlap, while fu- tures yielded 5 to 15 points. PHILADELPHIA PRODUCE. Mareh 8 an.—nn Wmnm Roeks, : INTEREST RATES INVITE REFUNDING Return on Capital Falls as Idle Funds Still Ac- cumulate. BY FREDERICK GARDNER, Associated Press Pinancial Writer. Return on capital continues to fall as idle funds accumulate in banks. Striking evidence of tne trend of long-term interest rates is seen in the 3% per cent coupon rate on 15- year bonds to be offered by Swift & Co. and the 27 per cent rate on the b, Treasury’s latest long-term offering. s Both of these issues, heralded as forerunners of & major refunding movement, bear the lowest long-term rates for similar flotations since the war, officials said. In administration quarters, high d [ hopes are entertained they will en- courage conversion of securities car- rying high interest rates into lower coupons and pave the road for a flow of new capital to industry. It was conceded, however, such a movement probably would be slow in getting under way. Huge Estimates Given. Joseph B. Kennedy, chairman of the Securities and Exchange Com- mission, estimates potential refund- ing by corporation totals approxi- mately $3,000,000,000. A leading Wall Street btnung house was said to have made a similar estimate, based on issues callable and savings possible at current bond prices. In addition, the Treasury is ex- pected to undertake the conversion of additional billions of Liberty bonds now bearing interest of from 3% to 4% per cent. ‘Top-grade bonds recently sold at levels approximately duplicating peak prices touched early in the century. Following closely on heels of the Treasury’s announcement of fits March refunding offerings, the filing of the 000,000 Bwift & Co. issue with the 8. E. C. was viewed by Chairman Kennedy as significant. Others May Follow. As far as 8. E. C. officials could recall, it was the first time since the war a large corporation had brought out a long-term issue with & coupon of less than 4 per cent. ‘The 6 per cent bonds Swift & Co. plans to retire were sold in 1914, be- fore wartime inflauon lifted interest rates and prices. Federal authorities were hopeful other corporations would follow the lead of Swift & Co. It was pointed out several big corporations with good credit ratings probably could con- vert outstanding issues profitably. For S. E. C. officlals, a noteworthy aspect of the Swift & Co. operation was the registration cost, described by one of its executives as “no more than the cost of bringing out our securities under the old way.” It was placed at $150,000, including $43,000 tax. PENNEY SALES GAIN, NEW YORK, March 8 (#)—Feb- ruary sales of the J. C. Penney Co. amounted to $12,038,869 against $11,- 741,900 in February, 1934, an increase of 2.5 per cent. RUBBER FUTURES. NEW YORK, March 8 (#.—Crude rub- ber futures opéned steady. 719 19 higher: arch unquoted: May, 13.22-2; July, pte BUSINESS TAKES BROADER COURSE February Leveling Process Nothing but a Pause, Review Shows. By the Associated Press. NEW YORK, March 8—Dun & Bradstreet in its weekly trade review issued today said the broadeéning tend- ency of business has been resumed. “It is now evident,” it stated, “that the leveling process operating in some divisions last month was nothing but a pause in the general uptrend and did not permit the interpretation of a reactionary movement. “March has started with a resump- tion of the broadening tendency which began last October with in- dications that the peaks for the year are not reached until the third or fourth quarters, despite the abrupt- ness of the degree which the Spring rise may take. “While some uncertainty is expected to continue as long as the course of the N. R. A. remains unclarified, business should be aided by the greater intensity of the aggressive- ness which now is producing results making for more stability than any temporary emergency or relief pro- gram could hope to achieve.” Retail trade, said the review, turned sharply better during the week. “In some districts,” it reported, “volume was higher by 20 to 30 per | cent than for the week preceding. * * * | “The upturn in wholesale buying | was sharp and broad, as retailers are A—15 hastening to place their delayed orders for merchandise needed urgently for pre-Easter selling events. * Post- poned orders ere beginning to swamp some wholesalers.” “General industrial operations are expanding more rapidly than in Feb- ruary,” it sald, “with no slowing down in sight as more factories near capacity schedules. “New highs for the year are being reached for the production of auto- mobiles, accessories, farm equipment, electric refrigerators, safety glass, paints and some grades of furni- ture. & o & “The shoe factorles have yet to reach their Spring peak, but in the textile industry some divisions have started to curtail operations.” e SWISS FAIR TO OFFER . OVER 1,200 EXHIBITS The Legation of Switzerland an- aounced today that the nineteenth | annual Swiss Industries Fair will be held at Basel from March 30 to April, with more than 1,200 exhibitors dis- playing their products. The legation considers that the re- markable increase in the size of the fair indicates definite evidence of re- turning world confidence in business progress. The Basel Fair is the only Swiss commercial fair exclusively devoted to national production, stressing ex- hibits of highest quality and crafts- manship. It s foremost a fair for wholesalers. B e FINANCING CONSIDERED. NEW YORK, March 8 (#).—Invest- ment quarters hear that the Pacific Gas & Electric Co. is considering | financing plans in connection with & proposed retirement of its 5% per cent bonds outstanding. The financ- ing is expected to involve about $45,- 000,000. JULIUS LANSBURGH FURNITURE CO.—909 F ST. N.W. 4-Pc. Colonial Block-Front Bed Room Suite 595.00 Beautiful crotch and plain mahogany veneers. of drawer space in vanity. in maple. Limited quantity. Poster bed with pineapple posts, large chest and dresser. Plenty Can be had Convenient Credit Terms Studio Couch Over 50 styles of couches shown on our floor. This stu- dio divan pictured is covered in heavy upholstery cloth. Inner coil spring mattress. Three soft kapok pillows included. LI DS Xy 2-pc. Friezette Living Room Suite 75 durability. foundation, A suite for comfort, beauty and Sagless reversible spring seat cushions and spring back. Note the wide, flat arms. Covered in high-grade friezette. A splen- did value at the price. spring Buy on Budget Terms ‘Two styles can be had in bone ivory with white leatherette seats. New 1935 CROSLEY Electric Refrigerators Come in and see the New Crosley, last word in modern electric re- frigeration; all the new improved features are now in this new model; moderately priced. $112.50 Plus @ Small Carrying Charge Low Convenient Terms Summer Rugs Attractive Colors Closely Tied and Woven $7.95 9x12 or 8.3x10.6 Convenient Credit Terms Julius Lansburgh cfurniture (Go. 909 F St. N.W.