Evening Star Newspaper, December 5, 1935, Page 16

CLEARINGS STAGE FURTHER UPTURN Total for 22 Leading Cities 20.6 Per Cent Ahead of 1934 Period. By the Assoclated Press. NEW YORK, December 5.—Further large gains in bank clearings reflect continued activity in most commercial lines. The total for the 22 leading cities in the United States for the five days ended Wednesday, December 4, @s reported by Dun & Bradstreet, Inc., was $5,441,745,000, against $4,511,624,- 000 a year ago, an increase of 20.6 per cent. For the preceding week the gain was 31.0 per cent. At New York City clearings were $3,537,847,000, an increase of 189 per cent over the amount reported last year, while the eggregate for centers outside of New York City of $1,903,898,000 was 23.8 per cent higher. The five business days covered the weeks both this year and last, and were occasioned by the Thanksgiving holiday. Clearings for both years in- tluded the heavier amounts incident | pendi to the opening of the new month, when bank settlements are always larger. This week's total for the five days was slightly less than that for | 062 the six days of the preceding week, the difference amounting to $30,991,- 000, whereas for the same two weeks of last year the total for the first week of December was larger than that for the previous week by $337,270,000. Notable gains continued at some ot[ BALTIMORE CUSTOMS RECEIPTS UP IN MONTH Spectal Digpatch to The Star. BALTIMORE, December 5.—Cus- toms receipts at this port for Novem- ber increased $202,442.62 over re- celpts for the corresponding month of 1934, according to the collector of customs. Last month's receipts amounted to $1,219,631.84, the re- ceipts for the same month last year amounting to $927,189.22. Receipts for the first five months of the fiscal year beginning July 1, 1935, decllnzd by $378,326.77. Re- ceipis for. the term amounted io $4,- 860,585.67, as contrasted with §5,~ 238,912.44 for last year. Cessation of imports of sugar from Cuba in the last month or so ac- counts for the falling off in customs receipts for the five months, it was pointed out. FLOUR OUTPUT GAINS. NEW YORK, December § (#)— Flour production for November in the principal milling centers totaled 5,- 587,165 barrels, against 5,500,664 bar- rels in the like period last year, Gen- eral Mills, Inc, reports. s U. S. TREASURY POSITION. By the Anoc\l"d Press. f the Treasury on Dec: elmsk $IBIBLs m'a' 400K balance. ' $1.- 438, cuawnu “Tecelpts for ‘the momh $3,040.516.21. Recsipts. for the fiscal year, (since July 181.750.0° expenditures. 555.000.63(including. " $1.455.4 9501 emeraency expenditures expenditures $1.689025.250. 9.802 181 ec $57620,880 800.6' Recelvls for Decembe: ble date llsl yea the month, '$3.697, Receipts for the the outside centers, especially at Bos- | b ton, Philadelphia, Baltimore, Cleve- land, Chicago, Detroit, Cincinnati, St. Louis, Louisville, Richmond, Atlanta, New Orleans, Omaha, Kansas City, Dallas, San Francisco, Portland, and Seattle. Figures at leading centers, showing | | mcreases as compared with those of a year ago, are printed herewith; also, Haily bank clearings for the year to date: (Totals in thoussnds.) ve days. oston ___ gfl 1 ittsburgh Cleveland Cincinnati altimore Eer cent SERVICE OF STOCK EXCHANGES CITED Gay Denounces High-Pressure Methods—Points to Rigid Code of Ethics. By the Associated Press. SAN FRANCISCO, December 5.— Btock exchanges are “institutions per- forming a definite public service,” Charles R. Gay, president of the New York Stock Exchange, told San Fran- cisco brokers last night at a dinner. The financier denounced “high- pressure” methods of security broker- ege accounts of “clients who should not be in the market.” “The strange thing,” he continued, *is that we brokers long adopted a rode of ethics as high as any ever con- eeived by a business or profession; & code that we must conduct our busi- nesses in ‘accordance with just and equitable principles of trade,’ and the Congress thought so well of this that these words are now incorporated in the constitution of every national se- curities exchange. “The fact is that some members of our fraternity have, in times past, for- gotten that they were bound by this code, and to these must be laid in large part the criticism from which we all suffer.” PARIS BANK CHANGES. PARIS, December 5 (#.—The weekly statement of the Bank of France shows the Xollwlnl chlnlel m francs: Gold de- d 2,834,000, t S-hnc‘:: caounte: 3 Bills bousht abroad increased 15,000 advances increased 68.000,000. clrcull- tion increased 1,213, ac- counts decreased 2. 052 000 000 304" l'u on lnv!rnmem coilateral increased 392,01 Rate of discount 6 per cent. Cash—for XMAS EXPENSES por mER: Srame on.your signature alone, @ Married couples and single persons, | who are steadily employed, may ob- tain $300 or less for Christmas shop ping, from DOMESTIC on their signa tures only. Repayment may be made in small, convenient monthly instaliments. Comae in, phone, or write DOMESTIC FINANCE 3306 Rhode Island Ave. Phone DEcatur 4674 Mt. Rainier, Md. Arlington Trust Bldg. ¢ Phone WEst 0306 d 3,522.0 000, ~bullion increased 701,000, other securities increased 865.- 000. public deposits decreased 12,633,000, other deposits increased 14 825.000. notes ed 3.448.000. government securities increased 3.872.0( e proportion of the bank's reserve to llability is 36.11 per cent, compared with 38.80 last week. Rate of discount. 2 per cent. THE EVENING STAR, WASHINGTON, HUGE GAIN SEEN IN STEEL PAY ROLLS October Total of $51,456,000 Com- pares® With $32,723,000 in 1934 Month. By the Associated Press. NEW YORK, December 5.—The steel industry’s pay rolls in October rose 60 per cent over the month a year ago, the American Iron & Steel Institute reported. The total was $51,456,000, compared with $45,£93,000 in September and $32,723,000 in October last year. Employment in the industry stood at 436,554 for October, compared with 429,217 in September and 381,431 in October a year ago. In October steel mill wage earners worked an average of 36.8 hours a week, compared with 34 hours in the previous month and 25.4 hours in the month last year. Since the low point of the depres- sion when the number of workers dropped to around 210,000, steel com- panies have reabsorbed 226,000 people, the institute stated. NET DEMAND DEPOSITS ADVANCE TO NEW PEAK The increase was attrlbuwd partly to gold and silver imports. The “ad- justed” total excludes Government and interbank deposits. i TWO DIRECTORS QUIT CONTAINER CORP. BOARD By the Assoclated Press. NEW YORK, December 5.—Con- tainer Corp. of America has notifled the New York Stock Exchange of the resignation of Alfred M. Reed and C. R. Megowen as directors of the company. 275 TONS OF LEAD SOLD. NEW YORK, December 5 (#).— The St. Joseph Lead Co. reports that 275 tons of pig lead from Southeast Missouri mines were sold yesterday at $435 per hundred pounds, St. Louis. ECONOMY STOVE 58.75 A High-Grade per ton Screened Coal Low in Smoke-High in Heat Value TRY “SPOTLESS DELIVERY SERVICE” Coal Delivered in Canvas Bags TERMINAL ICE & FUEL CO. 3rd & K Sts. N.W, NAtional 0990 11 g e B B I I B P I I B BN I I B N I I THE REXALL DRUG STORES SUGGESTIONS P M I M M Mg M M Bourjois Evening in Paris Perfume If you want to win an exalted place in the esteem of a certain lady—give her this lovely bottle of Per- fume in a sparkling llo-blgut Fougere Royal Set pact sky blue and silver with modernistic design Mirror Joan Manning Chocolates Forty-five pleces of hand-dipped choco- fates. This assortment contains nuts, fruits, lurd chewies and 2’““"1.00 Pound Box )‘pflund.fl’k Brand New Genuine Leather Wallets choice of ten leathers. Talon zipper and stitched edge models. Convenient compart- ments for stamps, coins, passports, motor licenses—yes, and for your greenbacks! Tomorrow, go to the nearest Liggett’s store before the early Christmas shoppers buy them up in dosen lota! - Individually boxed. 1L.39 Little Mothers. will be Thrilled by the Liggett's Gift Set' Includes cuticle remov- er, natural and (shell) polish, cotton, remover, nail tip whitener, nail file, orange stick, emery boards. Packed in leather zipper case. from $1.00 to $5.00 P P P B You would expect to pay $1.98 for Mary— ane. Chqeohm chocolates you're bound tolike. Hard and chewy, nuts, and creams. A Real Candy Value! %2100 Case BEE BRAND PURE VANILLA EXTRACT Large 2-oz. Bottle 21c Regular 25¢ UNEEDA BAKERS 0-SO-GOOD CHOCOLATE or COOKIES vke. 10c Sky Flake Wafers »es. 20c “SUNSHINE” Edgemont Smacks :@ OLD VIRGINIA PURE éié ;! PRESERVES 2.5 29c—]n i 18¢ L L CATSUP 2 voties 17c—2 1o 23¢ Clapp’s Baby Food D. ©C, THURSDAY, DECEMBER b5, 1935, INC. EARLY JUNE—NO. 2 SIZE of 24 Cans MEULLERS IOWA STATE $1.95 SWANSDOWN CAKE FLOUR. . .. .= 29¢ BAKERS “srie™ CRISCO e pertet shorens _________»22¢ DUFFS GINGER BREAD DUFFS DEVILS FOOD MIX LANGS SAUERKRAUT MACARONI SPAGHETTI_OR NOODLES LIBBY’S PINEAPPLE JUICE. 3 ~o 1 = 25¢ PILLSBURY’S FARINA BUTTER NoNE BETTER A 93 SCDIB lWllT Cllfl MANAYUNK ™** BEER Food Merchants Opening celebration for our many friend: in Manassas, Virginia. Friday, Decémber 6, at 8§ P.M. Saunders Market Manassas, Virginia. For prompt delivery— Phone 196 or 197 For over 20 years they have faithfully served the people of Manassas and vicinity, building up a wonderful record for their high quality meats and fine line of Groceries. We extend to you, your family and friends a cordial invitation to be present on this eccasion, Free baskets of groceries and souvenirs will be given away. STANDARD PACK—NO. 2 SIZE Case of 24 Cans COFFEE YellowBag. .. .»23c COCONUT. «n 23¢ Del Monte____® 29¢ Norwood .™43c JUST WONDERFUL, TOO umoke. ] 7¢ %o 3] In The Handy “STUBBY” Bottles 14 oz pkz. 16¢ Sky Scraper Assortment »s. 15¢ TENDER CHUCK RO Ib. ch VEAL NOW ! While Sm&uw PKG. BISQUILK 31- NEW LOW PRICE3 zormzs 25¢ lASCINA"IG AUTOGIAPH'. This Useful Attractive 10 oz. Megsuring Cup with 1 Lorge Size Madéygy ALL-BRAN 21c LAMB IS AT ITS BEST NOW—WE OFFER YOU GENUINE SPRING LEG‘O'LAMB R 270 SERVE WITH WELCH'S PURE MINT JELLY NEW, LOW PRICES QUALITY MEATS AST ROAST FRESH BEEF LIVER FRESH HAMS GOET’S SMOKED HAMS = 31¢ SALT WATER STANDARDS, Fillet of Haddock Oysters BRILLO CLEANSER 5 PADS AND SOAP SEPARATE LARG! SILVER DUST _2 pkes. 27¢ GOLD DUST _targe pis. 17¢ LA FRANCE __s pies 25¢ SMOKED SAUSAGE v-s-¥o.1.__ LAMB CHOPS Ib, 350 FANCY RIB ROAST - 29¢:31c SHOULDER LAMB ROAST ______w. 21c ». 33¢ SAUSAGE MEAT _____..___m 35¢c GIANT BARS 5, 23c Save valuable wrappers for fine free gifts CLEANS ALUMINUM QUICKELY 2 EASY WAYS OR pkgs. 1 5c E 12-PAD PACKAGE...cceeeccccces IVORY 5-.:- SOAP PADS 5 SOAP-FILLED PADS SOAP 2 e caks 19c P. and G. Soap Zlc 8-0z. jar 14c s50 can..Now33¢ $1.50 can..ow 98¢ Delicious . . . Easy as 1-2-3 @ Now you can enjoy the convenience, the perfect blending of this famous coffee for only 1c @ day more than ordinary coffee. Pertect coffee, anywhere...any time. Always (Z 7] COFFEE SERVE IT WITH Thompson’s Dairy Milk = Cream THE 100% WASHINGTON DAIRY SOLD AT ALL UNITED FOOD STORES VEGETABLES—FRUITS FANCY EATING Maine Potatoes D’ANJO meed w4 Cleaned PEARS 3 = 23¢ 43C Heax Sweet Potatoes Potatoes ellow Onions ... .. caur. Brussels Sprouts.. rox. Grape-Fruit _..........3 = 23¢ pound bag FLORIDA Grape-let A | 19c - = 19¢