Evening Star Newspaper, July 31, 1935, Page 38

DVIDENDS VOTED BY WESTINGHOUSE First Cash Payment Since April, 1932, Authorized on Common Stock. By the Associated Press. NEW YORK, July 31.—The West- inghouse Electric & Manufacturing Co. today resumed dividends on its common stock with a declaration of 50 cents, payable August 30 to stock of record August 13. This is the first cash dividend au- thorized on the junior stock since April 30, 1932, when 25 cents was dis- bursed. However, on February 20, 1933, the company distributed to shareholders part of its holdings of Radio Corp. of America securities. The dividend ordered today was not designated as a regular payment. Westinghouse Electric’s earnings picked up sharply in the first half of the year, amounting to $2.37 a share of common stock against a deficit of $31,725 in the first half of last year. Inland Steel Net Up. Other earnings reports included: Inland Steel Co., quarter ended June 30, net profit $2,392,510 compared with $2,129,198 in the June quarter last year. Standard of California. June quarter, net income, $5,692,~ 120, equal to 43 cents a share of cap- ital stock, against $4,891,022, or 37| cents e share, in the March quarter and $4,017,243, or 31 cents, in the June quarter, 1934. Zonite Products Corp. Quarter ended June 30, net loss, $308,524, against net loss of $195,140 in the March quarter, making net loss for 6 months ended June 30 of $503,- 664. National Steel Corp. Quarter ended June 30, net profit of $3,191,169 after charges, equal to $148 a shere on 2,155,777 shares, against $3,367,632 in the preceding quarter and $2,593,369 in the June quarter of 1934. Wheeling Steel Corp. Quarter ended June 30, net profit, $668,300 after charges, equivalent after quarterly dividend requirements on the preferred stock to 25 cents a share on 387,326 no par shares of common stock, compares with $934,571 in the preced- ing quarter and $1,134,511 or $1.39 a share on 402,301 common shares in the June quarter of 1934. Standard Brands, Inc. Quarter ended June 30, net income of $2,832,303, after ordinary charges, but before profit and loss items, equal after dividends on the preferred stock to 21 cents a share of common, against $2,984,071 or 22 cents a share in the preceding quarter and $4,087,961 or 31 cents a share in the June quarwr last year. Motor Wheel Corp. Six months ended June 30, net profit $505,377, equal to 59 cents a share of capital stock, against $608,- 901, or 72 cents a share, in the first half last year. Calumet & Hecla Copper. Six months ended June 30 indicated profit before depletion §132,041, against net loss of $881,696 in the first half of 1934. Procter & Gamble. Procter & Gamble and subsidiaries, fiscal year ended June 30, net profit $15,120,324, equal, after dividend re- quirements on preferred stock to $2.23 & share on the common compared with $14,370,066, or $2.09 common share in previous year. CUBA EXPORTS MORE SUGAR. NEW YORK, July 31 (#).—Cuban exports of sugar to the United States for the period January 1 to July 27 totaled 1,156,033 tons, against 618,- 953 tons for the like period last year, according to Lamborn & Co. sugar brokers. Cuban exports to all coun- tries for this period were 1,541,312 tons, against 1,090,859 tons last year. ARMY ORDERS. Houghland, Maj. Howard J, Air Corps, from Langley Field, Va., to Fort Riley, Kans., on or about September 5. Millar, Capt. Julian Z., Signal Corps Reserve, from Southampton, N. Y., to report to Chief Signal Officer, here, for training, August 18. Graham, Second Lieut. Alexander, Field Artillery, from Fort Myer, Va., to West Point, N. Y., on or about Au- gust 15. NAVY ORDERS. Warrant Officers. Conboy, Gunner Charles E., to duty Naval Air Station, Anacostia, D. C. Campbell, Radio Electrician Joseph B, detached U. S. S. Richmond, about September 20, to instruction Radio Matl. School, Naval Research Labra- tory, Bellevue, D. C. Parish, Chief Pay Clerk James H., detached Norfolk Naval Hospital, Portsmouth, Va., in October, to U. 8. S. Holland. WEEK-END ROUND-TRIP FARES Reduced Leave any time from noon Fridoy to noon Sunday. Return up to mid- night Monday. These low fares apply generally to oll points East of and including Chicago and St. Louis. Tickets good on all ‘trains, including o [l Bl Enjoy the week-end in Phila-] delphia or New York. Lv. Weshington . . . 415P. M. For Information Coll District 3800 BALTIMORE & OHIO RR. Du Pont Purchases Holdings of Pathe|:s In Film Company By the Associated Press. NEW YORK, July 31.—Pathe Ex- change, Inc., today announced the sale of 1,400 shares of Du Pont Film Man- ufacturing Corp. capital stock to E. I du Pont de Nemours & Co. The stock was sold at approximately $1,140 a share. Of the proceeds, $1,- 500,000 will be applied to reduction of the company’s debt of $2,000,000 at the Bankers’ Trust Co. of New York. | {in5¢"s After the sale Pathe Exchange, Inc., will hold 3,500 shares, or 35 per cent of the stock of Du Pont Film Manu- facturing Corp., which was incorno- rated in 1924 by Pathe Exchange, Inc., in conjunction with E. I du Pont.de Nemours & Co. Business concerns of Turkey are complaining about an economic slum LOOK! How You Save on Hot Weather Noeds al and early Fall All- silk with jacquard lace or picot edge lored tops. Reinfortted 8 popular. sizes 29 to 36 in. widths $2.77 Ready to hang—strong composition slats with three coats of washable paint. Ivory, nile, green or white. 65 inches long. Measure inside or out- side of window frames for size. Goldenberg’s—Downstairs Store A Hot-Weather Feature! Sale CANNON Turkish Seconds Heavy, closely woven quality. White with colored borders. 18x36 and 20x40. 39¢ Cannon Turkish Towels Seconds 2 terrv with 9c colored borders. 22x44 helvy double -thread Goldenberg's—Main Floor THE EVENING STAR, WASHINGTON, D. C, WEDNESDAY, JULY 31, 1935. SHORT TERM SECURITIES, (Reported by Chss. D. Barney & Co.) CKICAGO I.NE Bm ited ul enly lo W 20 oo "180-% 1n.2£nuo.90q; most " 260:310 T Atiantic Refining bs 1037-.. 107% Bbethiehem Bteel 55 1936. 103% _Californis Packing 5s 104 Canadian Nor. Ry. 7s 194/ 9. fi lfl 9.3 ‘tleo 6,000: calves. 1.500: med! ishts and weigny fed e Ches. & Ohio Ry. 5s 1939 1 Q‘ Gas Lt. & Coke bs 1937 .Illlll’ and_di l’ cll&‘ll firm; 8.50; few best dhs '5 :hulca no uundl Washing ; mer sood yearlings. quotable 2.0 MONEY MARKET. YORK. July 81 n.—Call money D(l Hfl days, Y of- oSy per cent gh snsed Re! s89 FRIEZETTE Lounge Suite A $32 reduction for $ 5 7 green. this event. Massive proportions, quality in Part Payment for the New Turn in Your Old Furniture tested construction. Tailored friezette Goldenberg’s—Dawnstairs Store U. 8. TREASURY POSITION. |PEASANTS THREATENING Danish Marchers Warn Demands Must Be Fulfilled. ‘COPENHAGEN, July 31 (®.—The 1 | Standing Committee of Danish Peas- 3 ant Marchers today issued a “decree” saying its members had unanimously decided to execute measures for realizing their demands for economic reforms if the government did not act on them, | The nature of the measures was gross 'mfi:na;'f ::w (0 re sets, 3013867861161 Receipts for July 10,1934 (comparable date last year) 502. xpendi- 7! nfl. blllm:u $2.- unu receipts for the un u Dinc dun: East F 00,7 minum, future, Antimony. NEW YORK BAR SILVER. NEW YORK, July 31 (#).—Bar sil- unchanged at 67%. e Bed o Vanity o Chest Seamless Bleached A rare bargain . . . so housewives, brides-to- be and boarding housekeepers and buy all you need. not revealed, but. it was reported | were also talking of that one of the possibilities is a “value | strike. b el ot o Auto Insurance Talked, Danish Compulsory insurance for motor ve- purchases in England. hicles against third party risks m:y Some quarters among the peasants | be enforced in South Africa. "SALADA" The Petfect Tea for The GOLDENBERG Co ! 81x90 Full Length SHEETS « « . take heed Heavy, round thread sheeting, bleached and seamless. Note the smartness of the new classic mirrors. Every piece in beautiful walnut veneers with baronial maple side panels. A stunning bed room complete. housing. cannot drop shaft. year. Fully Westinghouse Electric Fan $9.95 10-inch oscillating fan, portable and adjustable to swing 45 to 90 degrees. Fully guaranteed. Alternating current. Only once a year a sale of this kind, so we sug- gest -your stocking up during this event. You buy two balls for less than the regular price of one. extra frocks, blouses and sweaters you can have for a small sum. All new Fall shades . « « of the .just think 20 beautiful colors. ¥ Cane. | B The Knitting Circle—Main Floor shelf SAE' Ready-Made SLIP COVERS - B s '?-—‘—"”’ CHAIRS | $'| 48 .. SOFAS $1.99 o ¥4 For all chairs—club, wing, /4 button-back, roll-] cushion club, high roll bnck A and Cogswell. For over- 4 stuffed or T-cushion sofas. Porch AWNINGS i § /].90 5 ft. drop 3 ft. extension Good grade material and work- manship. Made of heavy duck, with green' painted stripes and * other eolors, including 12-inch valance. Complete with galvanized frame and fixtures, all ready to hang. $7.90 7186 in. 9 ft.6 in. 12 f8. 6 in. eep § ft. deep § ft. deep § fb. deep Larger sizes at go,wfimv 'lo- ’s'ric;- a Summer's Loveliest $1.95 and $2.95 Cotton DRESSES 42x36 inch Pillow Cases One-piece blades, which Needs oiling but once a Garden Hose Al moulded rubber. Com- rm- with coup- ings, 19¢ - Goldenberg's—Main Floor Cardinal ELECTRIC FANS Strong, spot welded guard, firmly mounted to motor from motor $3.49 guaranteed. A. C. current. W estinghouse Electric Fan $12.95 10-inch oscillat- ing type, uses minimum of current for greater effici- ency. Fully guaranteed. $!1 Revolving Refrigerator Sets 4 glass jars with aluminum screw E ' ectr ic Washer $ 49.50 ® 16-gallon fluted white porcelain tub. Apexdouble dasher agi- tator, wash- es cleaner and quicker. @ Lovell balloon type, soft rubber wringer. ® Famous Apex motor. With Electric Pump, $59.50 Goldenberg’s—Downstairs Store, 84 Newest Styles Octagon Shape Examination Included Cool, washable cottons . . . voiles, flock dots, seersucker, broadcloth, eyelet and others. Shirtwaist and dressy frocks in sizes 14 fo 52 and 11 to 17. $5.95 Regularly $12.50 Colored, cylindrical and bifocal lenses excepted Silk & Acetate DRESSES ""“‘”“‘““"“‘“"’52 99 tels and WHITE. Stunning fashions for l. nose. and types. Sises 14 to 52 and 11 to 17. » The FRAMES Beautifully engraved and fitted with new type rocking perloid pads that protect the The LENSES Famous True-Vue tories in on, leaf, oval or any spe- cial shape. Fitted by our staff % of registered optometrists. Dr. Kanstoroom in Charge. Use Your Charge Account!