Evening Star Newspaper, October 20, 1935, Page 73

DESCRIBES HISTORY OF COST FINDING Head of National Fertilizer As- sociation Committee Tells of Work in Industry. Speaking before the Washington Chapter, National Association of Cost Accountants, B. A. McEinney, auditor of the F. S. Royster Guano Co. and chairman of the Cost Accounting Committee of the National Fertilizer Association, described the history of cost finding in the fertilizer industry from its inception 20 years ago when the first crude attempts were made to set up a system of accounts to develop this all-important information in a single plant, to the present more en- lightened era with its introduction of standard uniform cost methods in practically all fertilizer plants. In discussing some of the problems encountered by the fertilizer manu- facturer, Mr. McKinney mentioned one which is a sore spot in every in- dustry, the disposition of fixed charges on excess plant not used because of the present economic situation with its lessening of demand and corre- sponding curtailment of production. This question evoked considerable dis- cussion during the open forum con- ducted by John Moran, cost account- ant of the fertilizer association. It was the consensus of opinion that the fixed overhead cost applic- able to unused plant should be charged to a special suspense account to be cleared at the end of the ac- counting period to surplus. CORPORATION REPORTS TRENDS AND PROSPECTS OF LEADING ORGANIZATIONS. NEW YORK, October 19.—The fol- Jowing is today’s summary of corpora- tion news, prepared by Standard Sta- tistics Co., Inc., New York: Budd (Edward G.) Manufacturing Co.—Net income, nine months ended September 30, was $310,327, equal to £5.21 a preferred share, vs. deficit $87,282; company stated third-quarter earnings were low because of inter- Tuption of production occasioned by changing over of tools for the 1936 models; a good volume of sales is ex- pected for the fourth quarter. Johns-Manville Corp. — Common ghare earnings, nine months ended September 30, were $1.57, vs. 26 cents. Minneapolis-Honeywell Regulator Co—Common share earnings, nine months ended September 30, were $4.59, vs. $2.47. Mathieson Alkali Works—Common share earnings, nine months ended September 30, were $1.03, vs. 93 cents; president expects continuation of busi- ness upward trend through fourth quarter. Square D Co.—It was reported that plan adopted by stockholders of this company to pay off accrued dividends of $6.87', a share on class A preferred stock by issuance of a new share of class A preferred for each $29.50 of arrears provided for payment in stock only; previous reports that cash would be issued to holders unwilling to ac- cept stock in payment are incorrect. Wrigley (William) Jr. Co.—Com- mon share earnings, nine months ended September 30, were $3, vs. $3.09. National Aviation Corp.—Liquidat- ing value of company’s stock as of September 30 was $12.58 a share, compared with $12.16 a share on June 30, 1935, and $12.24 a share on De- cember 31, 1934, General Cable Corp.—Deficit, nine months ended September 30, was $81,- 845, vs. deficit $161,051. Continental Can Co.—Common share earnings, 12 months ended September | 30, were $4.23, vs. $3.83. Owens-Illinois Glass Co—It was said indications are that early an- nouncement will be made of purchase by this company of Libbey Glass Man- ufacturing Co. for about $5,000,000. Ritter Dental Manufacturing Co.—Tt Wwas said operations at company’s | factory, which have been at capacity | for last three months, have tapered off slightly; however, company continues to operate well in black figures and is expected to maintain that position for Temainder of year; earnings of com- pany for quarter ended September 30 are believed to have been best for &ny quarter since 1931. Burroughs Adding Machine Co.—It was said because of company’s tradi- tionally liberal dividend policy and good earnings, expectation of an in- crease in current 60-cent rate would seem justified. Underwood-Elliott-Fisher Co.—Com- mon share earnings, nine months | ended September 30, were $2.78, vs. $2.56. Delaware & Hudson Co.—Deficit of | Delaware & Hudson R. R. Corp., oper- | ating subsidiary, eight months ended August 31, was $1,966,331, vs. deficit, | $2,019,772. Gulf, Mobile & Northern R. R. net income, eight months ended August B1, was $101,932, equal to 89 cents a preferred share, vs. deficit, $115,094. . Louisville & Nashville R. R. com- mon share earnings, eight months ended August 31, were $1.59, vs. $1.56. Symington Co. deficit, nine months ended September 30, was $215,908, vs. deficit, $150,714. Union Pacific R. R. common share earnings, nine months ended August 31, were $1.35, vs. $3.23. |91% to %. Harvester Chief Points to Better Business Outlook By ths Assoclated Press. NEW YORK, October 19—J. C. McAllister, president of the Interna- tional Harvester Co. today before sailing for Europe, said that he was “quite encouraged” on business pros- pects. He also expressed gratification over the better economic position of farmers, which had been reflected in International Harvester Co.’s busi- ness. Queried regarding the company's expansion plans, McAllister said no new commitments were considered be- yond the improvement work already underway. RETAIL PRICE RISE MAY GO FURTHER Store Inventory Profits Will Be Helped by Trend, Survey Shows. Special Dispatch to The Star. NEW YORK, Octobes 19.—The trend of retail prices, an important influence in determining department store profits, which has been upward in the last few months is likely to continue to rise gradually, thus per- mitting the recording of inventory profits, according to a new department store survey issued by Poor’s Pub- lishing Co. “Between April, 1933, and March, 1934, the retail price irend was mov- ing upward and department stores were able to record inventory profits,” continues the survey. “From March, 1934, to July, 1935, however, the trend was downward. In many instances merchandise was sold for less than cost in an effort to stimulate sales. Then in August, re- tail prices moved forward again. An advance of 5-10 of 1 per cent was made over July and the prospects are excellent that, from this point on, de- partment stores will enjoy the advan- tages of operating on a gradually rising price trend. “Despite the decline of retail prices from April, 1934, through July, 1935, ment store sales made headway. For the first eight months of 1935, sales increased nearly 4 per cent over the corresponding period in 1934.”" Chicago Grain By the Associated Press. CHICAGO, October 19.—With poise only recovered in part after a mad scsamble to sell and almost 4 cents break, wheat was yet staggering in final dealings today. As a result of sudden development of hopes of peace in Europe. if not in Africa, every future delivery of wheat in Chicago fell to below $1.00 a bushel before any rallying power | became apparent. Weakness of wheat | values persisted despite assertions ex- porters had purchased about 3,000,000 bushels of Canadian wheat, and American mills had bought wheat fu- tures in Chicago today. Wheat closed nervous, 1%-1% un- der yesterday’s finish, December 1007%-101; corn unchanged to 33 down, December, 59-59%%; oats, %-3% | off, and provisions varying from 7 | cents setback to a rise of 10 cents. Fast trading on a big scale took place in the wheat pit at the stroke of the opening bell. So furious was the selling stampede that initial smashes in prices ranged simultaneously all the way from 1 cent to more than 3 cents apart. Special significance at- tached to cables that, reflecting peace overtures, no demand whatsoever for cash wheat existed in England today. Selling pressure in wheat spent its energy to a great extent before mid- day, and then rallying tendencies gained more or less force. There was | buying at this stage both for specu- | lative account and for mills. Much | of the purchasing was based on the fact that the tumble had put wheat prices down about 10 cents a bushel as compared with a fortnight ago. Corn, rye and oats sympathized with from reports that Central Illinois corn had suffered serious damage by frosts. The reports said farmers were pur- chasing lightweight cattle to feed poor corn before it rotted. On the other hand, favorable weather pre- vailed over most of the corn belt. Provisions eased with grains. Closing indemnities: Wheat: De- cember, 99% to %, 102% to %; May, 1 98% to %, 101% to Y2; July, 88%, Corn: December, 583, 59%; May, 57% to 58, 587 to 58. Grain range at principsl markets today: October vhu]ti‘—'h Prev, 897 Liverpool - “Winnipeg " .50% December whut— 5 99% Winnipeg o - 101 81% s 1.02% 1.02% 1. (Hl«n K umn 'hent— 3 Liverpool 90% May W Chica Stinneapoiis = 1 11 Kansas City~ 1.0 Winnipeg K l .89% Exchange 4.91. crlbT e Minnnmlls = 19 Ofi‘/‘ 1 KIB:I: City_ .R8% General Motors Corp.—-General Mo- | Ka tors Acceptance Corp. announced a new, low cost, simplified plan for financing purchase of new General | choss Motors cars; plan is designed to ef- fect substantial savings to purchasers of automobiles. Commercial Investment Trust Corp. —Subsidiary, Commercial Investment ‘Trust, Inc., stated that company soon would announce revised car purchase fAnancing rates to all motor dealers. American Locomotive Co.—Subsidi- ary, Montreal Locomotive Works, Ltd., obtained an order for five locomotives from Canadian Pacific Railway. Atchison, Topeka & Santa Fe Rail- way—Company's Diesel-powered train established & new train speed record of 39 hours 34 minutes for run from Los Angeles to Chicago. Kansas City Southern Railway— Beptember net railway operating in- come was $178,775, against $157,521 in September, 1934; in nine months net railway operating income was $913,- 667, vs. $1,088,836. St. Louis-San Francisco Railway deficit, eight months ended August 31, was $8,412,065, vs. deficit, $6,363,245. Montgomery Ward & Co.—Company plans to spend about $1,750,000 on expansion of selling facilities of its Albany and Portland units. Interlake Iron Corp. deficit, nine months ended September 30, was $674,266, vs. deficit, $635,261. company earned $4.90 a preferred share. Century Ribbon Mills, Inc., common | nine months ended share earnings, September 30, were 35 cents, vs. 94| | cents. Minneapoiis - 'Wlnnlnel 'Nove: be 'Octob icago Ca Ma; Cllh 'helt nmnle ll’lde”‘rfl! 92% d. No. .zlnl;l:no l:7fl" per ce t‘?l‘:. H — :d W R %: sample grade GLASS OUTPUT CLIMBS. NEW YORK, October 19 (#).—Pro= duction and shipment of glass has been on the upgrade since early Sep- tember, says the American Glass Re- view, with the early introduction of new automobile models this year stim- u]l::nz the current demand for plate L4 BOND AVER.AGES Rllll. l'd'lt. lml. rn. Net change. +.2 4.2 Unc. 'o+3 Yesterday .. 80.7 99.7 .0 67.3 Prev. day... 805 995 67.0 824 992 66.8 844 872 67.6 87.8100.0 704 764 922 65.5 894 929 70.0 002 4538 Aoo high._101.1 989 WI.G I.W.B 10 Low Yield Bonds. Yesterday 109.3 Prev. day- 109.3 Month ago 109.6 Year ago. 107.3 | 1935 high 110.7 1935 low. 107.9 1934 high 108.3 1934 low. 99.1 1928 high 104.4 1932 low. 868 (Compiled by the- Associated Press.) aggregate dollar volume of depart- | wheat, but acquired relative steadiness | THE SUNDAY STAR, WASHINGTON, D. €. OCTOBER 20, 1935—PART FIVE 1935 WHEAT CROP REVISED UPWARD Reports From 41 Countries Cause Modest Advance in Earlier Estimates. By the Associated Press. ‘The 1935 whea! crop, as repre- sented by estimates for 41 Northern Hemisphere countries, has been re- vised upward to 3,060,181,000 bushels, as compared with 2,949,542,000 bushels produced by the same countries in 1934 when they accounted for about 85 per cent of the estimated world total exclusive of China and Russia. The October estimate for the crop in the United States was 4,320,000 bushels higher than the September figure, and the latest report from Italy indicated an increase of 2,871,000 bushels over the first official estimate. Cables to the division of foreign crops and markets say that heavy rains were received in Argentina dur- ing the week and that practically all of the cereal zone was benefited ex- cept for the southwestern part of the Province of Buenos Aires. where lack of rain is retarding the development of the grain crop. The Australian wheat crop is gen- erally satisfactory, but rains are needed in western sections and parts of New South Wales. Conditions are good in Victoria. Dividend Changes By the Associated Press. NEW YORK, October 19.—Favor- able dividend changes in the last week totaled 21, against 23 in the previous week, according to the Standard Sta- tistics Co. of New York. Unfavorable changes numbered 5, the same as the week before. Details of changes: Favorable. Increased—Alpha Shares Partic, Swift & Co., Hoover & Allison. Resumed—Goodall Worsted, Old Dominion Co. Extra—Minneapolis Honeywell Reg- ulator, Home Insurance, National Steel, Pitney Bowes Postage Meter, American Fork & Hoe, G. Heileman Brewing, N. Y. Pire Insurance, Swift & Co., U. 8. Fire Insurance, Amer- ican Credit Indemnity, Equitable Tr. Co. (Wilmington). Initial—Columbia Baking. High- wood-Sarcee Oils, M. A. Hanna $5 preferred, Mountain Fuel Supply, Sonotone 60-cent cumulative con- vertible prior preferred. Unfavorable. Reduced—Liberty Title & Trust Co. (Philadelphia), Nashua & Lowell Railroad and National Power & Light. Passed—Canadian Public Service 6'2 per cent original preferred and Canadian Public Service series A preferred. e WOOL TRADING ACTIVE, BOSTON PRICES HIGHER 8y the Associated Press. BOSTON, October 19 (United States | Department of Agriculture) —A fairly | large volume of business was trans- acted in the Boston wool market dur- ing the last week. The greater por- tion of the movement was on terri- tory wools at prices firm to slightly higher than during the previous week. Original bag 64s and finer territory wools of bulk average French comb- ing staple sold mostly at 75a77 cents, scoured basis, while short combing staple occasionally moved at 72a75 cents and choice French and strictly combing brought up to 77a79 cents. ©Ohio fleeces were quiet but firm on strictly combing staple at 31!2a32!; cents in the grease for 64s and finer, at 32 cents for 58, 60s, one-half blood; at 35a36 cents for 56s, three-eighths blood, and at 34a35 cents for 48s, 50s, one-quarter blood. CLEARING HOUSE ISSUES REPORT AT NEW YORK | By the Associated Press. NEW YORK, October 19.—The weekly statement of the New York clearing house shows: Total surplus and undivided profits, $917,300 (de- crease); total net demand deposits (average), $21,421,000 (decrease) ; time deposits (average), $2,281,000 (in- crease; clearings, week ending today, $3,968,412,713; clearings, week ending October 11, *$2,622,576,238, *Five days. B UPHOLSTERY SALES LAG. NEW YORK, October 19 (#).—A lull, which producers say is temporary, has slowed activity in the furniture upholstery market. Prices for all grpu of mohair are said to continue m, CHICAGO LIVE STOCK. CHICAGO. October 19 (#).—! - celbls, Narm weather and & sifzisa dressed meat trade gave the live stock markets a weak tone this week and pric of all classes drifted lower. ~Hogs_col tinued the downward trend today by losl upply todsy was only 3,500, g 2,700 di ocl. blll demand wu light. Strictly_choice to 250 kindi sold at ”3 4006;0 0% S fi? o4 . Yesterday's age price of hogs during the week declined 13 cents per nundredwellm Fri- ll 16. which "com- 5.65 a year ago. ctory” altho n signs of increasin Kk, Wit the total .lfrtntfnfy afound 7000 nead: 0l the previous weel Were nominslly steady ar- s Hotaled 150 85050 shees. mnn. ne the 1-2:2 13-'-‘:'1!’"-'53 fell 25 to 50 cei many inbetween xrnde he-vy nhnmed T8 were 610 tho {5 & Scarcity of choice ets and. year lufiy nend!. me Inp on ’w:‘u slfieefi!toncfle A sharp break on heavy grass neeu ln thl - In lhe mmn was 8 cum:b::u fae- I:tn!l eonnderlnl their llllll“! P:gdel’!. however, were strong to higher. reaching foTor "TAmbs i 85 N pal” for okt 5 " pai zemm at the ‘Best "natives soid SHORT-TERM SECURITES ik 9 -] 3 u_-é’ " 28 § i Allis-Chalmers Co. Amer. neev. Bunr m 1940_5 10 Atl"tl lmlmnl lantic Bethicher ot X e RS, 104% PHILADELPHIA PRODUCE. 19 ‘m'm"m"‘b?:;imu%. Eggs. 2,606: steady other ;n& 'nn- firm ext Prices - SYNOPSIS OF PRECEDING INSTALLMENTS, When a week-old foundling is left at < her Bugar and she ‘grows up ihere ‘a3 Sushr Friddle. When ‘she is 17 and has to leave; Kindly old Miss Friddie places her as nunemlxu for Mrs. Dick Locker Le Mas- old son. Skeete wever. reatly worried about Who ‘has n_into a very nreur rlcuvely red headed. Johnn: 7, who dreams of belll a . ‘must leave the ortnhlnue to the beau! ster $he’ ninds her room is in the cellar ana that her wages are $1 a week. Hearing a noise at night. Sugar fears rats. but it is big. handsome Jim Carter Le Masters. the brother's home from Virginia litary Institute, where he is foot ball ptain, looking for his golf clubs. He nd Dick move her to Skeeter's room and gause a family squabble. first, day off Zanie Le Master: ot in silk dress ang white pumps. - Su spends her dollar for lollypo s for the orphanage children, walks till her feet the movies, Susar is slmost afraid to tell Zanie Lou: her employer's sister insists upon Rilin “her ot in "an sppropHiate_dress and herself waits at the door for O'Reilly, £ Servants can have visitors only in the en. « INSTALLMENT VIIL AS the young lady who opened the door your sister?” Scoop asked when they had got- ten into the car. “Just a friend,” Sugar answered off- handedly, and hoped he wouldn’t ask any more questions. “You look alike. I guess it's the red hair. Of course, youre much more beautiful.” “Tut, tut!” “She called you Sugar. What is your name? I was so flabbergasted when I saw your swell diggin's I forgot to ask.’’ o y name is Sugar. Sugar Frid- e. She waited for Scoop’s laugh. He didn’t disappoint her. “So, the little lady ‘doesn't divulge her name to strangers. Okay, I'll call you Lollypop.” Sugar felt a little desperate. “But my name is Sugar Friddle! Truly. Call me Lollypop if you like, though. I believe I like it better. It couldn't be sillier than my own name.” “No foolin'.” Scoop turned to her| “Is your name | with a broad grin. really Sugar Friddle? There's nothing the matter with it. Except it's a bit different. But you'll always be Lolly- pop to me.” Sugar was tempted to get out of the car and give the smart New Yorker a piece of her mind. But she decided there was no sense in getting riled. Everybody laughed at her funny name. And she wouldn't have any friends left if she got angry every time. It was going to take a lot of patience to keep from showing her feelings, though. When Scoop and Sugar walked into the dining room of the Baker Hotel | business practically stopped for a few seconds. They found a table for two near the back and sat down. Scoop was aware of all eyes upon his dinner party and was very much pleased with himself. In the after- noon the little redhead had been pretty. But in dinner clothes she was ravishing. Like a little doll bride in her white gown and lace cap. He drew in his breath sharply when Sugar smiled happily and revealed the hidden dimple in her right cheek. “Has any one ever told you you're the most beautiful girl in the world?” he said, leaning toward her. “Never.” Sugar's eyes danced with excitement. “On my word of honor. But I like it.” “I've heard of Southern beauties, and seen a few in my time. But you're the top, Lollypop. Ah, I feel a lyric coming on. Let me see.” He went into a deep study. began singing softly off key: “You're the top, Lollypop, You're the cream of the crop— And, though I'm just a flop, You've got me on the hop.” “Lovely!” Sugar clapped her hands. “Now let me see.” She put a finger to her temple, Then wrinkled her brow thoughtfully and | broke into poetry: “You're the top, dear Mr. O'Reilly, And I value you must highly. You make me feel so meek With the pretty words you speak. Oh, you make me feel quite shyly.” “Hurray! It's got brains, too,” Scoop applauded. “You're really too beautiful to be clever, Lollypop.” The colored waiter stood at Sugar's elbow, his big eyes rolling curiously. “They’s awful funny people,” he told the cook a few minutes later. “Don’t talk like they got no sense to me.” Sugar blessed Mother Friddle for having prepared her thoroughly for dining in public. From the time of her infancy she had been taught the proper table manners. Several times in the past years the old maid su- perintendent had given her books and magazines to aid her in learning how to behave on all occasions. Dinner passed in the babble of foolishness, led by Scoop, who had a reputation for being the most non- sensical conversationalist on the New York Democrat., Sugar laughed until she was weak. By the time dinner was over she felt as though she had known him all her life. And she was relieved that he hadn't asked any questions about her family. Fortunately for Sugar, the movie was a big musical show. She'd read the movie magazines feverishly every time she could get hold of one. But she had really never dreamed anything could be so lovely. The scenes, the dancing, the glorious music were like & dream. Scoop marveled at the way the little stranger lost herself in the picture. She didn’t seem to know he existed— which wasn't flattering. He watched his lovely companion more than he did the show. He'd been looking for color, and he’d certainly found it, he decided. A grown-up young lady so thrilled over 8 mere movie! Maybe they weren’t quite so blase in Dixie. Sugar was the most refreshingly alive creature he'd ever seen. It was over all too soon for Sugar and they were in Scoop’s car again. “How about taking & nice ride in the moonlight?” he asked dubiously, feeling certain she would refuse be- cause it was late. “T'd love it,” Sugar sighed happily, and settled back to enjoy herself. Scoop found the river road and fol- lowed its curving beauty for several Scoop pulled her to him and held her 80 close it took her breath. ‘With all her strength Sugar raised her elbows and pushed at the power- ful chest. Finally she loosened a hand and pulled his hair violently. “Oh—don’t!” she sobbed childishly when he released her. “Please take me home. Let—me go!” For a moment Scoop thought it was a game. Then something in the horror of her face as she pressed back against the seat in a little huddle made him realize his mistake. “Say, wl 's the idea?” he exploded roughly. “You asked for it, you know.” “B-but I didn’t understand,” Sugar began to cry. “I didn't mean any- thing like that—really.” “How old are you?"” “Seventeen.” Scoop looked skeptical. “What's a kid like you doing pick- ing up New York licenses along coun- try roads and chasing around like this if a little kiss is going to scare you todeath? Itdon’t make sense. Where's your mother?” sobs that all Scoop’s doubts left him. “Here, Lollypop, I'm sorry.” He reached over and took her hands from her eyes. “I apologize! ing to be afraid of. I've got a kid sister, Margie, just your age. Why, honey, I wouldn't harm a hair of your little head.” “It—it was my fault.” Sugar made a brave effort to control herself. “B- but I—I'm going to tell you the truth about me. Then you'll understand.” “Never mind,” Scoop said soothing- ly. “You dont have to tell me a thing. Pull yourself together and well go back and get a drink of some- thing at the drug store. Then I'll take you home to your folks.” “I—haven’t any mother or father,” she told him brokenly, “You poor kid.” “I'm—I'm just a nyrsemaid at the Le Masters house. week. They belong to Zanie Lou, who lives there. She loaned them to me.” Scoop’s face softened. “Why are you telling me all these things?” think I'm a bad girl.” Sugar choked again. “I—I'd never had high heel shoes on till this afternoon. I couldn't walk when you came along in your car. My f-feet were killing me. You looked kind, and I liked you. So I got in.” “Thank you, Lollypop.” Scoop took her tear-stained face between his big brown hands. “I won't ever disappoint | you again.” “This evening when you asked me to couldn't say no. It—it’s the first time I was ever to a movie or a rest- aurant, or car riding in my life. “Well, I'll be darned!” claimed incredulously. “It’s the truth.” Sugar wiped her | eyes and sat up straight. “Now I feel ‘tbener." “Gosh, I'm sorry, kid.” Scoop put his hat back on his head and looked at her unhappily. “If there is any | way in the world I can square my | boner, command me. I've never been so ashamed of myself in my life.” “Forget it.” little smile of forgiveness. “I'm sorry | I got 50 scared. But I remembered all the things I'd read about girls who got into strange cars, and it just about frightened me to death.” “You didn't think about it soon enough.” Scoop adopted a big-brother attitude. “Don’t you ever do such a thing again. Anything might happen | to you. There are so many girls going around looking for trouble. How is a fellow to know what kind a girl is| when she does such darn fool things' “I know,” Sugar's face fell shame- | fully. “I'll never do it again—as long as I live” Scoop started the car. “You hadn’t better, or Uncle O'Reilly will take you back to New York where he can keep an eye on you. Dry up now. We're heading for the big city.” ‘What would Johnny say, Sugar won- dered unhappily as they drove silently back along the moonswept river. She | had promised no man should ever kiss her, and the promise had been broken in a week’s time. It wasn't really her faunt, though, she decided. It wasn't | as though she had kissed him will- ingly. Sugar watched Scoop from the corner of her eye and could see that he was deeply troubled. Suddenly she decided that she liked him very much and wanted him always for a friend. She reached out and touched his hand on the wheel. “I want you to know—Tll never forget how good you've been to me tonight.” She caught her breath. “And you mustn’t think I'll hold it against you. I like you—very much, really I do.” Scoop’s big, good-natured mouth parted in a relieved grin. “You're the top, Lollypop! I'm sure of it now.” (To Be Continued.) Commodity Price Changes for Week BY H. N. McGILL, Editor, McGill Commodity Service. Inc. AUBURNDALE, Mass., October 19 {#)—The sharp rise in commodity prices since early July was abruptly halted - during the last week as the index turned downward. groups have steadily registered strength for a period of weeks, trends ‘were more irregular during the third week in October. Out of 14 individual classifications 4 declined, 5 lncreued, while 5 remain unchanged. ‘The Italian-Ethiopian situation now has a more dangerous aspect as there is no assurance that serious tonse- quences can be avoided. It is this uncertainty in the outlook that is now causing greater price irregularity in commodity markets. Industrial prices remain unchanged ! compared with the previous week, but are holding at the highest level since last February. Although there has been some hesitancv in the physical | definite sign that the seasonal peak | has been reached. Farm Prices Slump. downward. Lower quotations were re- Sugar broke into such hysterical | You've noth- | I went there last | These clothes aren't even mine. | “B-because I don’'t want you to| go to dinner and the movies I just | Scoop ex- ! Sugar summoned a corded for wheat, oats, barley, rye, cotton, eggs and potatoes. Price | strength was recorded in only two ‘uems namely, rice and butter. Live stock prices also were weak, which had a profound effect upon | the composite index. The downward | price trend was general, affecting cattle, hogs, sheep and lambs. Hides and leather reached a new high under the impetus of an increase to the 16-cent level for hides and also price strength in calfskins and most grades of fiinished leather. Non-ferrous metals surged upward to a new high for the year, due to price strength in antimony and quick- silver which more than offset the re- action in tin prices. Fine Textiles Higher. Fine textiles ruled higher, even the spot cotton declined. The upswing in this index was attributable to higher prices for cotton sheetings, raw silk and worsted yarns. reflecting higher price levels for coco- nut and corn oils. Cottonseed oil, however, was moderately lower. Most important price changes in ' the McGill weekly commodity index (1926 equaling 100) were as follows: Oct. 18. Oct. 11. Oct. 17. 1933, 1935, 1 All commodities —-— | Industrial | Agricultural Live stock | Hides and leat Fine textiles Daily Price Index. \ NEW_YORK. October 19. — The As! ted Press wholesale price index of | basic commodities_today declined to 75 Previous da i: weel month ago, :“year ago. 65.96. Range of Tecent vears: High Tow . 14 (1926 average equals 100.) Miscellaneous Markets. ¢itional New York markets as com- pife By The. Avsociated Prese: COFFEE—Spot_quiet: Rio. 613 BaSn, Mo, 4 i Cast And Trelght of: éd Santos bourbon s and 5s | Rio tutures closed auiet: 1 mber. 4.90n. Santos f’u'uref Steady; sales, 1,000, March, 7.99n. u'y, 8.4 COCOA—Futures closed barely steady. December. 4 84n: March, 4.9 . 5.14. September, closed to 5 sales. 389 ton RAW HID] steady. 104 mbu Merch 122032 2.50b; | 1.040.000 pound: rOOL Tops—rumm closed steady, ed to 2 higher; March, 93.0b; b, RUBBER__Putures closed firm. October. 12.93; 1 . lmoktfl lebed spot closed P Nomsinel.” BBid. —_— PRICE BOOSTS RESISTED. NEW YORK, October 19 (#).— | Further increase in cotton fabric quo- tations is expected to meet growing resistance from garment manufac- | turers, because of the inability of the | latter to raise their prices correspond- ingly on finished goods, according to comments in the local market. ! Lost d Found A tisement i may be found on vage | HELP—MEN. ACCOUNTANT—One who has experience: state age. qua salary. _Address Box 56~ AUTOMOBILE APPRAIS! gnly: must be able to find all ‘mechani | defects. Address Box 1ti3-J, Star office. sales, Chevrolets: | recommended. good wages; must come Apply to Mr. Spoon, 152 14th st. n.w. AU‘IUMOBILE SALES AGENCY. handling one of the fastest selling cars in the low- price fleld. will consider a sales manager. Only man of proven ability and good nabis accdptuble._Address Box 181-J. 'AUTO MECHANIC with tools, driver's per- i xmn electrical - experience. Apply 1333 ison must be expert write or call at Baltimore, Md. z00ds. cakes. pastries, etc.: ai ornamenting. Phone. Fiske's, 1758 Park ave Telephone ‘Madison 118 BARTENDER who doesnt’ drink. neat and polite; steady Job. Phone Alexandria 1997. BODY AND FENDER MAN. experienced. | Apply_‘superintendent. Hill & Tibbitts, | 1114 Vermont ave. n.w. BOOKKEEPER _youn eat house Experience preferred: Salary. $15 per week: | state age, education and experience. Ad- dress Box 305-J. Star office. BOOKKEEPER for lummobfle :nncy one with knowledge in_this fleld preferr Sate age experience and salary Pexepcied. Address Box 10-J. Star office. BOY, over 21, coloud bright. references. T INSURANCE STOCKS NEW YORK. Qctober 19 (#.—New York Security Dealers’ Association = “d sk ‘Bid. Aetna Cas ("‘:l» - Aetns Fire {1 2 e () Astiudira () Am Ins Newark (1% Am Relnsur (2%2) Am Surety (1) 5 'l paid so far this year fared "5 STOCK AVERAGES 30 15 15 60 Indust. Rails. Util 8t'ks. Net change.+13 +.4 +5 +.9 Yesterday.. *71.0 24.4 38.4*51.2 Prev. day..- 69.7 240 379 Month ago. 65.9 36.1 Year 50.6 276 1935 71.0 39.3 1935 495 1934 1934 1932 low... 175 8.7 1929 high..146.9 153.9 l“l 1577 1927 low... 51.6 953 618 61.8 (Compiled by the Associated Press.) (*) New 1935 high. apprenticeship. ng . ork in “‘l‘;:finr: et Bl job press work in printing trade, Anvly Brewood, 611 12th st. n.w.. after 9 CANDY AND SALESMAN, experi- enced: state age. nmon-my experience = ’reslu-m-h in first letter. Address Box ‘Whereas the majority of individual | man | volume of production, there is no MEN. Agricultural prices moved sharply Vegetable oils advanced moderately | ad_public | | AUTOMOBILE MECHANIC. first class on | | BAKER—First hand on aiT Kinds of Baked | T HELP_A who a) b $temb and crowns, Smail sala; star with, but a splendid onponum" for a young man for advancement. Answer, g experiences had and saiary to cepted. Address Box 440-H. Star office. MAN of neat appearance. over 25. for our Prmler department. Apply J. T. Costello, 8 .m., Employes Entrance, The perman: Sork with The Vireinta i rienced in public l.nlnln‘ heipful; mu: o'n Car ‘and be free to u small startiag salery and liberal Write Box 60-J. Btax ephone number. lerk; “bl& \ll‘l“l rocery clerk; m willin 'Mflre’u Box 58-J. !tll’ ofice. (%): salary, y. to MEAT nmund worker. from 1 to 3. 826 Investment Bidg. ¢ MEN to sell jewelry on the outside for in- stallment house: experience not necessary: splendid co-operation on our part and draving sccount: get started now; Decem- good month for selling jewelry. cnl pertonally today. Sunday, B to 1% o week day. 0 to 10.” New York Jewelry . 721 10th st. n.w. MEN WANTED at on eat appearing, With local reference: $40 paid for first two weeks, against commission. Room 407, 907 after 10 a.m. nent position with earnings ; direct selling plan: every ; commission 207 salesmen aver- e a week: must have car. Address J._Star office. | MEN—Fort Lincoln is Washington's largest and best located cemetery. We are increas- ing our sales force and will interview men who heve cars. High rate of commission. See M Kiein at main ofice, Bladensburg | rd. at District line. | MEN, ambitious, reliable. to are interested in permanent work with good income. to supply satisfied customers | — with- famous Watkins products. in estab- lished routes in Washington and adjoln: ing territory. Call 9 to 12 or write | Kimmel, Mana; A Conn. e & | MEN—New occupation: sell playing ca | to friends, others; $2 in hour possi show initial cards and other exclusive signs not sold in stores: low factory prices. Samples free. General Card Co.. 17 Jackson. Dept. 329. Chicago. | MUSICIANS WANTED—Young_ legitimate. | tone for organized dance band: work. _Address Box 259-J, Star office NATIONAL concern wants specialty ules- man; a real proposition to right man Mr. James, Goodyear Service. 1300 Conn, ave. PAD'TZRS Trstciass Gordon. nd s | PAINTER—Young mnn e previous experience in painting to learn painting and decorating business. ~Apply i | Sunday. Wheeler's Sons. 3 309 _4th st. s.e PAPERHANGER—Large property owner | has occasional work for neal. competent | | paperhanger: 20c per piece. Address Box | | PAFERHANGERS steady work. Appl 913 N. Y. n.w. | PART-TKM! MEN'S | All in some evenings from 8 to 7 p.m gl!,l'erl 6 to ¥ p.m. Fredzn:ka Apply Peter F. | nllrten carpenters: Cont. Co. l(rc Aam EAR SALE! MAN t8 nd HARMACTST Tocal gxpérience and | gnces preferred. ~Petworth Pharmacy Georgia _ave. and Upshur xperiznced. with Toom and board; state reis. L SRAPH_CO. can s 2 #00d | | g eciaity salesmen in S Cioek devartment. | Mr. Manning, Dupont Circle office, mmdn until_noon.” Mor _d: PRESSER-TAILOR. colored: permanent po- | Sition: Apply Sungay. Phois Adsms 1512, or 831 Delafield pl. n.w. PRESSER for_alteration department for men’s store. Only thoroughly expetienced in alteration department need apply: ref- erences_required. tact refrigeration Juppis Jobbers dealers and service men: icted territory available to distribute year V Deits: attractive commission Write. stating qualifications H'urmmed territory covered and ences. Detroit Rubber Products, Inc. | Persons st.. Detroit. Mich —apply at Construction | dress Box 4%1-J. S REAL ESTATE SALESMEN. ND SITUATIONS. ea! ennovsuledd 15 ‘empioved gurin e day but” able to work abore Doure, please do not apply if you are un.mxnyed rma or working nights: give full inform frse jetter. which will be held in -mcv. confidence: personal interview will be J._Btar ranged. _Address Box § mce. SALES MANAGER Local automobile dealer with fmpular low priced automobile hise requires services of an experienced. capable man. Re- })IY in strict confidence, giving 1 particulars. Address Box 353-J, Star office. ECT_LEADS_SECURITIES o 350-3100 weekly for two zxu{‘ie{med eal. _Quick commissions. Address Box 10-K. Star office. Men of Good Character, 21 years of age or over. residing in Washe ingion at least one year to join new FRER class for hackers' license examination. Call_at 9:30 a.m. GOOD MONEY DRIVING BELL CAB CO.. 1317 L N W SALESMEN. Brown Bigelow. nationally known manufacturers of advertising ideas for business concerns. require the services of several men to call upon customers and prospects immediately. o men Who can aualify we offer 8 pers menent money-making opportunity. 1f you are a SALESMAN with confidenc enough in your own ability to_work on commission basis. write Mr. Fine Room 1505. 1616 Walnut st. Philadelphia. Fa. giving full details. and an appointme 8 personal interview will be arranged. | ARCHITECT WANTED AT ONCE Capable of drawing plans from preliminary sketches. Call A. H. Sonneman, Wisconsin 4425, or Office, Kennedy-Warren Apts._ The Washington branch of a large inters aational corpuration has valuable openings for two high type men living in the city or e 5. & must be satisfied with $40 learning the business. men not interested in ction need not apply. For an appointment call District 1170, Mnndw between 730 and 11 a.m. oniy. | TAILOR — EXPERIENCED ON | LADIES’ COATS AND SUITS. ONLY FIRST-CLASS TAILOR NEED APPLY. FOURTH FLOOR |OFFICE. PASTERNAK, 1219 CONN. AVE. SALESMEN With previous specialty experience to sell L 1 product of unusual merit Company. No trade- {ns "and year-round product. _Thoroush training and co-operation given. so that you have & real opportunity to make & success. Reply. giving experience. Ade tar office We Bave the clients and can use two d men with references and Lee highway, Clarendon, SALESMAN ’rn act ln canzc y a8 territory salesman char d nusual proposition Stistactory ngs. Expe- lesman’ reply. EIVIng details "ot . record. Address Box 252-J. e GOOD SALARY 0 RADIO SALESMAN WITH CAR fine_opportunity for the nsef with & suce : large yeare An unusually rizht man to e cessful. growi: Aroung bu: plus floor stock of Phile ‘the world's faste Mr. Marschalk at ‘COLONY RADIO, OEORGIA AVE KW, field l: n Bts) _ | SALESMAN—Youns man to represent Io- | o | cal “agency in Washington for Bostitch Bales Co. large manufacturer of office stapiing machines: with large business ac- fine_opportunity; | auaintance Address Box. commission. ALESMAN—Desirable permanent position | for hard worker: straight salary and com- | mission; calling on prospects list. arranged 815 14th st. D.w. Monday. 9 to 1_or write AN- sell gas ce Testaurants ‘and nstitution = liberal commission: adv ment mbolsibflmu. Address Box JJJ-J Star office. | SALESMAN—An unusual opportunity is fered by one of America’s largest indust: chemical manufacturers to & man of | telligence who has a successful selling rec- | | ord and follo&ing in the school. industrial, | titutional Junitor supply field. Tg | aggressive n who wants a real | fiture we offer a sajes position paving 8 | commission lnd liberal drawing Atcoun\ Give complete sales experience, 8 in_letter. Address Box 244-J. ¢ SALESMEN. three first-class. Washington _business _houses: earnings | should be $35 to $50 per_week. Call for interview between 9 and 12 Monday morn- ing._1120 20th st. n.w. SALESMEN. 4. to do special work: must be | | free ‘o €l;_traveling expenses paid: | training and gnancial assistance given 4 See Mr. Cox. Houstan‘ otel. SALESVEN—Due to_expansion._can_use o Fsalesmen experienced in_ installment collection work or industrial insurance | sales. You must have a clean record. be | willing to work. and should have a car. | Direct leads wiil be furnished and com- | plete co-operation of the Sales and Adv. Dept. given those who can meet our re- quiréments. Phone National 2001 for ap- pointment. | SALESMEN to genteel men. for dlsmnrd Iy profitable sales work, Call 90 0 5 d Foday 11 to. ig commissions selling print s—sales books. letterheads. envelope: Blotters, calendars: experience tnnecessary low prices; free delivery: outfit free. Standform, 18D Oak st. New York. SALESMEN WANTED__We want two men with a good front and cars. electric light- ing equipment experience. who can sell top executives of commercial and industrial concerns. Real money can be made with new jtem, Call Monday afternoon. South ern Supply C 017 7th st. n.w. ESM, | to_hotel per_di to_contact Si75 per month. when Annly Mundl!. 11 to 2, Mr. M] oT-iown corporation has | | opening for men who are able to sell. | Want, men capable of making S50 weekiy. Call for lnbervl 'w at Comfi-Coil Corpo! £ 0t G, rows ask | SAL!BM!N to handle well-known Electrol | Peak season during next few 3 Dflllem workers with our per- sonal assistance can earn $100 to $150 weekly from the start. Permanent job to the righf . M pointment lllelropomln 4840, {am. and 4:30 to 6 p.m Lauritzen. Gnmth Consumern Co. 1413 Siew Vork wve 1 Tienced, i SALES! xDe: work Mwly Fl5 Bth st. SHEET METAI duct_work SHOEMAKER wanted: expert. & st. n.w. for inside 20° L W e SLATE ROOFERS wanted. APPly With tools at 3034 Georgia ave. SOLICITORS for laundry lnd dry Helmn! in gocd territory. Apply 10° 7th st. Mr. Blumer between 9:30 a rl 10 Monday | COLLECTORS (2): must have automobiles: large collection ency: allowance and com- mission. _Address Box ‘COLLECTOR_with experience: mu: cal Apply Franc Jewelry. b!!'t!n 2 and 4 Tuesday UOLL!F{OR or mlictmrz exn!‘r}’e:c‘e:; r.!“ liab] ?‘r = Adp'rrer:l Box . Star office. COLLWTOR with car; salary_and_com: mission; good o] erunlty ADDly Butler Pederal Stores. Inc., 7Tth_sf Bd in lnsullmfl‘fl. coLl e before 10:30 a.m., Ell Ri -mn T for “installment 'OLLECTOR Jork, Apply bel Co. COLLECTORS business._Apply & COMMERCIAL AIITIST to wnrk m large rienced in furniture drawings, good hand lettering: ples. Address Box 43 tar_office. €00 K. emrlenced o¥hite: not over 40-50 persons: mus! best references: perma- nent, Address Bo! 355-J. Star office. round man. Apply U‘NTIR rant; experienced, ot honest and depenu-me steady work. Gflwrtumly for cement. Carbeck Co. 3 Vermont ave. n-w. Natl. 7320, llm}'mll! ‘;rd hnbur':. :ml:&e:'d = a = ey iaress Box SS4-E. Star wanted. 1409 You st. altimore department store: must be expe- | able to cartoon; send sam- | W SCLICITOR or routeman: experience not necessary: best of references required: bord required: bond can be arranged for. Address Box 108-J. Star office. | STEAMFITTERS. _Plumbers. Plunrem Slaters and Tinners: also Painters: con= tract work, for_four houses in Virginia. 3 7t n.w. Tamiliar_ with re- s-roc CLERK. one ceiving snd | shippi Apoly _Mondey 30 am.. 928 H st. rious me: glon_apply Co.. Inc 'TRUCK DRIVER white, per- manent position; must have references. Apply Mr. Coon- in, Wm. Hahn & Co., Tth |and K AUTOMOBILE SALESMEN Wanted for used-car depart- ment. We need two good ‘|men to fill vacancies; must be A-1 go-getters; big floor play; best place to earn big | money in the city. See Mr. Rosenthal, OURISMAN CHEVROLET, 625 H St. N.E. No Phone Calls. WANTED. Two men for sales and service throueh department stores ¢ have car. Call Hyattsville 492, Sun duy 30 p.m WAN! TED. men who can get along with week. Must be neat and give Also car. Write H. T. Browns Asggressiv around $23 re!erence ss. ave. n.w ~POSITION NOW OPEN. _ n for a man between earance. Who can fure references. This is & nd will pay about $35 few weeks. Your ease as you learn 205 _Dene n. Tuese permanent positi per week for the fi ekly income v more _about th Tike Bide. 1010 day mor, GOOD SALARY TO. RADIO SALESMAN WITH CAR. An unusually fine opportunity for the right man to establish himself with & suc | cesstul growing organization: large years | around business; plenty leads furnished, plus floor time. Complete. well-balances stock of Philco and RCA_the world's fast- est-selling radios. See Mr. Marschalk at 9:30 p.m. Monday. COLONY RADIO, 33-35 GEORGIA AVE. N.W. veen Delafleld and Emerson ! Sts) _ SANTA CLAUS. A genial, good-natured man for a high-class store. Ad- dress Box 338-J, Star office. AUTO SALESMEN. Automobile salesmen can asso= ciate to good advantage with a new, centrally located Chevrolet dealer. Excellent earnings avail- able with new-car transporta- tion furnished at no cost to men who qualify. See Mr. Sullivan. SULLIVAN CHEVR?!IQET, ECT_ FACTORY DEA 80N, AVE. N-W. ——a= UPHO] mm w-nud good wages Ap- DY 5137 Toth st. nw. - Artistic Upholstery 8D SALESMEN—_Sure-fire, oppor- tunity for lln men h\ ‘Washington's lvtlt greanization. See Mr. Rielly Mondsy and ‘uesday. 2 ‘am. a 2 e Noinn | Used 'Gat “Stadium, Tsth snd w. -C. el HELP—MEN AND WOMEN. COLORED—To take orders: experience niok necessary Anvll 1802 14th st. n.w. lrofl Sam. to COLORED COEPI%! !alr hol‘lrdb‘l'e,. e’;g‘e‘?. to cook: honest._relia g:t’gan live on wplace: $50 month. 2521 AITER and houseman combined; experi- enced. colored: 131 onu. 1020 carpenters _and ‘WANTED—First-class s il 8855 between 10 | foreman. Call Adams and 12 a.m. Sunday. 5 WANTI’D—-PIm-chlI painters, no_brus! hi glll Adams 8855 between 10 and Experienced Touseman an -ux nights: must mrmxh clly A d_u WE HAVE T ive 101 ( r pable men, do offer essential proposition to usiness and professional men legal Tauirements - demanded. by Federal nd State governments. Call nds Biifte 310 Diserice Natiorial Bank Bl 1-:1&:1&1-;«.:1.110011.l GRADUATE g work 1n & ege in re = farial course. Address Box 8-J. Star offce Ty o a '?'en:g Wi, ana experien 0od refer 'S s .ndcthy Address Box 251-J. Star YOUNG MAN, single preferred. with aufo- Toble) Yo solglt - freight, ~ hauling for (orwnrdln( co. e experience. Small draw- |n!l cflmmli“flfl Write. all ne., Woodward Bldg . Washington. § Shd housework on coun- #9’;:.‘&’ 53::' o 'S25 per, month: live on premises. Falls ownl e “Charies c::-:cy living in Cba 3 =3" Jor I Saned route. Grand Umjon . 603 P st. l W. m WIHI‘ neat. to take pictures: good e 'mM .t:‘lll.rg r‘:m'ldlll('mlnl. man vbo earn money: non vudc % this -m-. ul mn F.'. hm a-n Teat trade. Auto- ceonity. nmvoe.mmummm Natl. ang Bids. servi oy | euts YOUNG MAN. clean cut and enzl’lene with large business acquaintance. I hish-grade line of typewriter Dabers. car bon paper and ribbons locally. Give age. gloveflenn lnd uhry expected. Addren 265-J._Sta; -K l'l'AR OFFICE. 2\‘ ARK _ROOM _MAN, roughly experienced only. 3rd floor, ¥ a.m. Monday. AND commmercial, Awlv 613 G st.. BRICKLAYERS HODCARRIERS. M{‘:‘f ;§° ml 7 80 a.m. Monday 16th_ st. | i a8 store emr\'"" M&nifi?'flé‘mfi? i RIS‘I'MAB CARD AGENTS—Sell our ate ctit personal line o( Christmas :lrd!, ru;omb!! goi“d 40;% e?mm'xmnx':‘“ . x assortments: E :é’ 1007 pinas. A pelis Eo. ut o OLORED \itfi AND WOMEN wanted: can cam from 85 to S10 per day; dignified experience unnecessary: nothing to sell demonstrate. Apply at 1255 I"lnl street n.w.. top floor. (Ask for Mrs. Pulgs profit; . Pi . MAN AND WIFE (white)—Care of house; furnished_rooms and smail compensation, Address_Box Star office. REPRESENTATIVE — Foreign Epeaking representatives. afl needed here for expanding °n¥"“"“°“ Address Box 233- YOUNG COUPLE_white. to work in dnln stendy, work. “Providence Parms. T . Md. _Call Sunday. or_write. WANTED—SALESMEN. DEPENDABLE —Sales; mediate! District_of Columbia. New. unusual. a vertising _specialty. ~ Any manufacturer, jobber, " retaller brospect. Commission Deco_Mirrors. High Point, N. C. ZINE emrunufl lO' o T T o Y t. 8 and § am or 5:30 to 6:30 p.m. wanted for Rawleigh route of 800 flmmu. s00d u'mnu tor b '%uuler Writs . Bawiel -SAL a _sel uvenmn: “or hes custome ors owh advertisement. unem sion. Rex Match Co. r.m"s. _—'_R!Tffli_'n_sm—_ éAu!M DAREE 1o sel pook m