Evening Star Newspaper, January 14, 1937, Page 20

A—-20 FASTER PAGE SET AT COTTON MILLS Consumption of Staple Goes to Highest Level Since June, 1933, Peak. B7 the Associated Press. Cotton consumed during December was reported by the Census Bureau today to have been 692,921 bales of lint and 61,936 of linters, compared with 626,695 and 63,767 during No- wvember, 1936, and 499,773 and 54,818 during December, 1935. The December consumption was the highest monthly total since June, 1933, when mills were rushing work because N. R. A. code regulations were to become effective. It also was the third largest on record, being sur- passed only by June, 1933, with 697,- 261 bales, and March, 1927, with 693,- 081 bales. Cotton on hand December 31 was Teported held as follows: In consuming establishments 2,001,- 378 bales of lint and 239,176 of linters, compared with 1,792,250 and 193,190 on November 30 last year, and 1431, $EY 249 and 186,917 on December 31 a | year ago. In public storage and at compresses 9,788,326 bales of lint and 67,499 of linters, compared with 8,418,408 and 54,762 on November 30 last year, and 8,389,086 and 58,523 on December 31 & year ago. December imports totaled 15,909 bales, compared with 8.945 in Novem- ber last year, and 12,738 in Decem- ber a year ago. Exports for December totaled 593,- 860 bales of lint and 19,668 of linters, | compared with 689,815 and 27,461 in November last year, and 886,035 and 80,944 in December a year ago. Cotton spindles active during De- cember numbered 24,090,204, compared | with 23,805,520 in November last year, and 23,399,344 in December a year ago. GHOBT-TEBM SECURITIES. (Reported by Chas. D. Barney & o) Bid. Offer Ther. Tel. & Tel. Atl. Refining Co Packing Corp. d. Houston Oil* 3 Int. Tel. & T Lactede Gas Light Lake Erie & W. R. Eehieh Vaies, Conl e 1038 Long Tsland Gen. 4 H 3 enn-Dixie Ctn"?nz .,s 1 Penna. R.R. go Grande “ 4: ”1 Beli T. 8o Pa RR.Sr Cn: Vanadium Corp Wabash Rwy. C Warner Bro Western N. Western U FOREIGN EXCHANGES. NEW YORK. January hi eat Britain in dollars, Great. Britain, demand. 60-day 67: Ttaly, demand, 5.2 DemlndFBemmm Hongkoni Monireal in New York, dn Montreal. 100.03%. LONDON BANK REPORT. LONDON, January 14 (».—The Bank ©f England’ statement for the week ended January 13 (in thousands of pounds) Circulation, )47; decrease, Bullion decrease, 01: 144.985; curities. 10.13R; securities. decre: 2 proportion ‘of the bank's reserve ability is 37.40 per cent, compared with B170 last week. ~ Rate of discount ent. decrease, Beserve Dists ORT OF CONDITION OF THE * Industrial Bank of Washmgton United Corp. Nets Profit Equal to 19 Cents a Share By the Associated Press. NEW YORK, Janusry 14.—United Corp., utility investing company, today reported for the year ended December 31 net profit afler provision for un- distributed earnings of $10,269,858, equal to 19 cents a share on the com- mon stock. This compares with $9,049,836, or 11 cents a share in 1935. The report disclosed there were 20,958 holders of $3 cumulative pre- ferred stock and 94,141 common stock holders as of December 31. GOLD IMPORTS LAG By the Assoclated Press. ‘The Commerce Department report- ed gold imports during 1936 at $1,114,177,000, compared with $1,740,- 979,000 in 1935 and $1,186,671,000 in 1934. Gold exports for the respective years were set at $27,534,000, $1,960,~ 000 and $52,759,000. Silver imports last year totaled $182,816,000, compared with $354,531,~ 000 in 1935 and $102,725,000 in 1934, while silver exports aggregated $2,- 965,000, $18,801,000 and $16,551,000, respectively. INVESTING .COMPANIES NEW YORK. January 14 (#.—New York Security Dealers’ Association: (Noon quotations.) Admin Fd 2d Inc Am Business Shrs. Am Gem Eq Inc | Am Ins Stocks | Ban \Bm\r Thdustry - Broad St Inv._ | Buliock Fund orporate Trust | C te T | Corporate Trust A A Gorp Tr A A mod | Corp Tr Accum Ser Gorp Tk Ace Mod. | Cumulative_Tr Sh | Depos Bk Sh N, ¥, “A' Bepos Ins Shrs | Diversified | Dividend s p Fid Found Tr Sh A Fond Imvestars Tt Fund Tr Shrs Fund Tr Shrs = Gen Investors Tr. Group Sec Agriculture’ Group Sec Automobile Group Sec Building Group Sec Chemical Group Sec Food_ Group Sec Invest Shrs Group Sec Merchandise Group Sec Mining Group Sec Petroleum_. Group Sec R R Equli | Group Sec Steel —_ Group Sec Tobacco Huron Holding __ orp Investors = rance Group Shrs__ tors C Inc_new Kevaon Cust Pund B ass | Mutual Tnvest Nation-Wide Sec - Vide Voting Tr Shrs North Am Bond Tr | Nor Am Tr_Shares Selected Am Sh inc - Selected Cumul Sh | Selected Inccme ‘Sh Selected Indus cv pf 14 () —Foreign | DIVIDEND ORDERED. CINCINNATI, January 14 (#)—Di- rectors of Procter & Gamble Co. placed the common stock on a $2 a year basis today, declaring a 50 cent quarterly dividend as compared with the 371 cents paid in previous quarters. They also declared an extra dividend of 25 | | ers of record January 22. MODERATELY IN YEAR| ain. THE EVENING STAR, WASHINGTON, D. C, Washington Exchange SALES. Washington Rallway pfd.—6 at 112. Riggs Bank com.—6 at 350, 10 at 355. AFTER CALL. Potomac Electric 6% pfd.—10 at 11315, 10 at 113%. Capital Traction 55—8$1,000 at 9415, $2,500 at 9414, $7,000 at 9472, Washington Gas 5s, 1960—$500 at 125. Mergenthaler Linotype—10 at 54%. Bid and Asked Prices. BONDS. PUBLIC UTILITY. & Tel. 4t SGE oF Amer. Tel. Anacostia & 'm-"f__"m e SE3SERpoRa FE Columbla Country Club 5% W. M. Cold Storage 5s .. Waih Ry &8 vid © BANK AND TRUST COMPANY. Cabital Com. & s-;flnn (@8)_. Riggs (e Rifes ora. Washington Wash. Loan Firemen's (1.60) Nasionmi"onion. (.60 TITLE INSURANCE 15 Columbia (.30) Real Estate (6 MISCBLLAN'EOUS | carpel corp. (2.00) Lanston Monotype (4) Mergenthaler Linotype (l\. Peoples Dr. 8. com. (11.00)_ Peovles Drug S, oLd ¢ Real Est. M&G pf. ( Security ‘Storage %! & Wh. Corp. & Loth. com. (1.5 ad o2 1% Wawd. & ‘Loth, ‘ofd. *Ex. divid end $50¢ paid May 15 1936: 50c paid Aus. 15. wm» 50c paid Nov. 16, 1936. extri Ara paid Dec. 15. 1036, unrt‘d June 30 1936: 5¢ ‘45¢ pald December 22. 1936 ——— CHICAGO LIVE STOCK. CHICAGO, January 14 (P) (United States Department of Agriculture).—HOgS. including 5000 direct uneveni: igher than Wednesday's averas: DIy steady: top. 105 bulk. good -nd‘ 1%0-300 pounds. ' 10.35a45 50 pounds ows, 0.05880; L.esv. 10.00. Catt o :'c Ives. steady o lé‘é‘.‘{‘“ e Common Tsht Kinds showing ortee aownturn: fresh receipts increased by moderate holdover from Wednesday's unevenly lower market: strictly good and choice steers and yearlings holding ? 14.25 bid on long yearlings: best actually L000: seers and stly steady Saanes at, 22 1 stockers and feede: 5 lowe! mand narrow as fat cattle decllned all | other classes steady: common and medium Prage ‘helfers weak. but all grade cows Aem: bulls shade higher: vealers steady to Weak at 13.00 down to “Shear. 11,000 inclading 5.600 direct: | fat lambs in fairly broad demand: jndica- tions steady to stronger: undertone strong on Slaughter sheep compared, Wednesday's fate’sdvance: vidding upward to 10.40 on | lambs now hel al and above: - tered mative ewes. 5.00a6.00; best held Well above 6.25. MONEY MARKET NEW YORK. January 14 (P.—Call money steady: 1 per cent all day: prime commercial paper. 3 per cent: time loans steady’ days-6 months. 1% per cent offered: bankers' acceptances tnchanged: rediscount rate, New York Reserve Bank, 11, per cent. KRUPP DIVIDEND VOTED. BERLIN, January 14 (P).—Reflect- ing the increase in the Reich’s arma- ments, the famous Krupps' Steel | cents, payable on February 15 to hold- | Works today declared a dividend of 4 | per cent, the first in 14 years. Reserve District No. 5. REPORT OF CONDITION OF THE THURSDAY, JANUARY 14, 1937. Shopping hours daily,9 to 9. Saturday, 7 to 10, FOOD SHOPPING CENTER %, One of America’s markets. Prices Effective largest A Week-End of Savings. Thursday, Friday and Saturday CARNATION EVAPORATED TALL CANS ILK 3420 CASE OF 48 TALL CANS—$3.20 Consistent shop ping means con- stant savings. We reserve the right to limit quantities. (eby> ’:%musn BEEF HASH. - . 2 i %AHGE JUICE____ SALMON 9 =107 | 2 Ige. cans case of 24 25° ;% 2.95 AUNT NELLIES' CORN - COB o 15e Case of 3.55 24 cans 4 tender ears to each ean. You will like their suc- culent flavor. DROMEDARY GRAPEFRUIT JUICE SWEETENED OR NATURAL 9 e 8¢ wem 119 24 cans 12 oz. ane 286 2 141 Y. SHRIMP 237275 ® PET FOODS Take your choice of, or assort as you wish CALO—DOGGIE DINNER—PARD MARCO—KEN-I-RATION— THRIVO—RED HEART Full 1 290 Ib. cans of n Breld FREE with — each doz. cans SELECT ALASI(A doz. cans tull cans BY FOODS Take your choice of, or assort as you wish. CLAPP'S ___3 =2 GERBER’S _ _ 3 == 23¢ LIBBY’S . . . .3 == 23¢ HEINZ _ -3 o 25e BEECH-NUT _ 3 = 25¢ MOUNTAIN PACK CARROTS & PEAS, 4. SPAGHETT GIBB'S SOUPS \.xicvics CHAMPION ITALIAN 5 57G reg. cans ¢ doz. cans doz. cans doz. cans 85¢ 85¢ 85¢ 95¢ reg. cans SOLID PACK, SOUND RIPE TOMATOES FULL 0Z. CAN CASE OF $l ]9 §esien 119 GRAPEFRUI 95es-1.95 (J TOMATO JUIC DOLE PINEAPPLE JUICE reg. cans doz. cans FRIEND'S = BEANS ool CASE OF 12 BROWN BREAD BOTH FOR CASE OF 12 FRIENDS BEANS 1.95 e G215 23¢ cne of ' 8‘ 25¢ .. 1.49 reg. doz. cans reg. cans C 25¢::1.4% reg. can DROMEDARY full No. FANCY 2 cans SUN PRIDE APPLE SAUCE case of 24 cans case of 24 cans PHILLIPS FANCY - - - STOKES QUALITY Giant cans reg. cans 17 oz. cans . . American Security & Trust Company | Of Washington, in the District of Columbia, at the close of business on December 31, 1936. | (Published in response to call made by Comptroller of the Currency, under DEL MONTE CRUSHED . GIANT 46 PINEAPPLE 277 OZ. CAN_ CASE OF 12 TOMATO PASTE «n 25¢ 5. 2.99 95 { FuLL No. Nc. TN 10‘ 1" 22‘ DEL MONTE SLICED PINEAPPLE 2 Ige. No. € e 4 lg 2'2 cans® Section 5211, U. 8. Revised Statutes.) ASSETS, _w:ovu $LT5 Of Washington, in the District of Coumbfa, &% the close of Busiers. on Desesaper i 1936, (Published in response to call made by Comptroller of the Currency. under SUN PRIDE FRESH 52.39 LIMA BEANS full No. case KITCHEN QUEEN WHOLE No. 21 case Sectinn 5211, U. S. Revised Statutes.) ASSETS. . Loans and discounts__ . Overdrafts . United States Government obligations. direct and. or fully guaranteed . Other bonds, stocks and securities Baning 830 62; $150,355.46 33.38 62,113.15 0 ~ $a7- 162.606.70 e and houst 40,338.12 serve Banl . Calh. balantes with other b nd cash items in of collection . Cath ftems not in process of collection . Other assets __. Total assets _________$504,651.64 LIABILITIES Demard deposits of indi- Yidials, partnerships and_, oo o orations 212,678. . Time " depotits ~of tndt-" " viduals, partnerships and corporations 17 - United States Government and postal savings de- posits . Deposits of other banks, including certified and cashiers” checks out- tanding ‘l‘nu\l‘nl‘ frems. 14 10718, sive 715.81 28,000.00 4.417.10 24.801.93 deporits _$419.811 27 . Taterest. taxes and other expenses accrued and unpaid Dividends declared. but not vet payable and amounts set aside for dividends 3.503.64 1,000.00 170.96 T n}:r 310 PTern 000.00 Surpl 15.000.00 Thdivided prot- its—net. 13.066.77 ‘Reserves or contingencies_ 2,000.00 Total capital oun Total liabilities__. Memorandum: Loans and investments pledged to secure liabilities: United States Government obligations. direct and/ or fully guaranteed . Other bonds. stocks an securities s E=s Total pledged (excluding rediscounts $36.101.00 13.185.00 $49,286.00 ged: oS K sainst United States Government and postal savi deposits fd\ Alllmt other deposits $23.208.75 9.0 %) For other purposes... 16. 775 149.50 ) Total pled $40.286.00 District ot ol uma ity ot > Washing: B DOYLE ashier of the abovenamed bank. do solemnly swear a.l! the above statement is true the t of my knuwledge and belief )YLE MITCHEL! worn 2o ‘and subscribed pefore me thls l"lu-y ot Santary, 1987. CHARLES & cmvmbu otary . Correct—Attest: TALLEY R, AM B, PEOWAN. THOM. PARKS, é"'flc A8 MAgoNo mmcn-on 4 -'l!ll MITCHELL. . Loans and discounts ... . Overdrafts . United States Government obligal guaranteed . Other bonds, stocks and securities 876.85 collection . Other assets Total Assets._._--. IR - checks outstanding . . Real estate owned obher than banking houses. . Reserve with Federal Reserve bank. 9. Cash, balances with other banks and cash items in process of . Cash items not in process of collection Total of items 14 to 18, inclusive: -$13,313,850.18 748.35 ons, direct and/or !uuy _ 2544425961 3,599,629.17 . Banking houses, $2,420,075.52; furniture and fixtures, $380,~ 2,810,852.37 212,366.95 7,492,353.72 7,353,139.38 1,005.82 361,833.36 LIABILITIES. . Demand deposits of individuals, partnerships and corporations_$27,392,322.80 . Time deposits of individuals, partnerships and corporations_. 22,858,830.45 . Deposits of other banks, including certified and Treas. 1,879,219.99 (a) Secured by pledge of loans and/or in- vestments .. $137,165.60 (b) Not secured by pledge of loans and/or investments - --cee-- —— (¢) Total Deposits. . Interest, taxes and other expenses accrued and unpaid.. . Dividends declared but not yet payable and amounts set aside for dividends not declared . Other liabilities . Capital account: Common stock, 34,000 shares, par $100 per Reserves for emunuencles Total Capital Account ‘Total Liabilities. .. ... — MEMORANDUM: Loans and Investments Pledged to Secure Liabilities. 31. United States Government obligations, direct and/or fully guaranteed 35. Pledged: (d) Against other deposits .. fiduciary powers . (g) For other purposes (h) Total Pledged.. District of Columbia, ss: swear that the above statement is true (Seal.) Correct—Attest: CORCORAN THOM, JAMES M. GREEN, 8. PERCY THOMPSON, HOWARD MORAN, GILBERT GROSVENOR, C. A. ASPINWALL, JOHN SAUL, HARRY K. BOSS, ] 34. Total Pledged (excluding rediscounts) (c) Against deposits of trust department @) With State suthorites o quaity for the exerclse of I, JAMES C. DULIN, Jr., 'n'eu\xrer of the above-named bank, do solemnly ............ 51,993,207.64 $52,130,373.24 168,684.12 - 136,000.00 16,635.48 $3,400,000.00 3,400,000.00 1,060,172.30 278,173.77 8,138,346.07 —eeeee. $60,590,038.91 $1,579,078.72 . $1,579,078.72 1,002,116.66 1,011.66 --e-- $1,579,078.72 to the best of my knowledge and beljef. JAMES C. DULIN, Jr., ‘Treasurer. Sworn to and subscribed before me this 7th day of January, 1937, LINNAEUS. T. SAVAGE, Notary Public. My Commission Expires October 31, 1940, WM. L. BEALE, ‘WM. J. FLATHER, Jr., M. G. GIBBS, E. G. YONKER, FREDERICK W. COLEMAN, GIST BLAIR, CHAS. A. CARRY, GEO. W. BROWN, & A PHILLIPS FANCY PHILLIPS RED APRICOTS cans. 290 STRIG BEAN FANCY MIXED VEGETABLES 2 cans of 24 90 2%° of 24 FANCY NEW YORK STATE _ -3 Ige. No. _ 2% can case of 24 cans case of 24 cans full No. 2 cans AUNT NELLIES GRIT-FREE KITCHEN SHOE PEG CORN ‘i _ gen 215 CRUSHED CORN -: 3 _ o 25° < 1.95 dmlFRESH FRUITS—VEGETABLES ° ,;. FANCY GLOBE i’ ONIONS 5. 1 flc Juicy FI.IIIIIDA ORANGES _____2 «- SUNKISTLEMONS ____________ o HARD SOLID CABBAGE ._____._ 4 TENDER STRINGLESS BEANS ___2 - SUNKIST NAVEL ORANGES . _ __ _ _«- BROGGOLI, original bunch_______- LUSCIOUS STRAWBERRIES __ _ _». »-- ALL SOUND TOMATOES_______2 »- 2.13 1.95 25 15¢ 452 PHILLIPS full No. 25° FANCY 2 cans full No. 2 cans case of 24 cans case of 24 cans Full No. 2 can case of 24 cans case of 24 cans full No. _ 2cans case of 24 cans case of 24 cans Here are two types of food, but you can certainly taste the difference. A steak or a roast is called the same, wherever purchased, but there is a difference which you can taste. Giant sells the finest quality meats in the city at the lowest prices. Try Giant quality and taste the difference. cut Ib. 150 SEEDLESS AND SWEET BONED AND ROLLED Ib. ] 80 Shoulder°25&‘.2"-- Fore iec ouams__ " 23° § | GRAPEFRUIT 5+ 17 STRICTLY FRESH NEARBY WHITE HENNERY ovs‘l‘ER FRESHLY OPENED @ @ S e 2 s FOR STEWING . FRESH FILLETS *iovec PURE CREAMERY TUB BUTTER _____________» 38¢ SWIFT’S PREMIUM SLICED DRIED BEEF______x ». |Qc BONELESS , = CLUB FRANKS ..[%%\ ... ™ 15° I5e 10¢ 15¢ 19¢ 12¢ 19¢ 15¢ 6to8lb. Aver. Whole Half From young, tender pigs—supreme in flavor and tenderness. FRESHLY Pork Chops Z5"" 2 . 97¢ | Beef Liver "S5 pt. 276 Ib. '| 80 CAUGHT, 1 b. 15c FRESH BONELESS CLAW CRAB MEAT ». 33¢ SEA BASS A