Evening Star Newspaper, March 22, 1937, Page 18

A—I18 #xx BUILDING GAINS WATCHED CLOSELY Hopes for Further Drop in Jobless Hinge on Con- struction. BY J. G. DONLEY. Bpectal Diapatch to The Star NEW YORK, March 22.—The sea- son is at hand when the construction industry enters its more active stage after the Winter hibernation. Nowa- days, of course, with concrete mixtures which ca nbe poured in subzero temperatures, there is not as much slowing down in the cold season as there used to be in the old days. But the Spring still brings a forward surge of building operations Building operations this year will be watched ve! closely by all ob- servers of the business trend, because in continued expansion lies the great- est hope of making a further large dent in the number of unemployed. The factory end of the he: or so- called “capital goods.” industries has | staged sufficient recovery to | back to levels comparable | with 1929 and 1930. But building | construction, which, along with capi- | tal goods, has been responsible for the bulk of unemployment, has not come up to expectations 5,500,000 Dependent. About 5,500,000 s rectly or indirectly depend building industry to the census fi that number, | were di- nt upon the in 1930, according ires for that year. Of 3,500,000 were employed directly, while an aditional 2,000,000 were engaged in the manufacture and distribution of products used in con- struction Complete figures on building permits for the full years 1936 and 1935, re- | saturday— | ter THE WEATHER District of Columbia—Fair tonight; tomorrow cloudy; not much change in temperature, lowest temperature to- night about 40 degrees; gentle shifting winds, becoming easterly. Maryland and Virginia—Fair to- nlgm tomorrow cloudy, probably rain | tomorrow night; not much change in temperature. West Virginia—Cloudy tonight and tomorrow followed by occasional rain tomorrow afternoon and night; slightly warmer in extreme west portion to- | night. River Report. Potomac and Shenandoah Rivers clear today. Report for Last 48 Hours. Temperature, Barometer. Degrees. ~ Inches. 3 »” midnight Today. 4 am 8 am Noon Record for Last 21 Hours. (From noon yesterday to noon today.) Highest, 50, at 1 p.m. vesterday. Year g0, 10, at 4 am. today. Record Temperatures This Yi Highest, 76. on_January 9 Lowest, 19, ‘on February 28 Humidity for Last 21 Hours. (From noon vesterday to noon today.) Highest, 75 per cent. at 6:10 a.m. today. Lowest, 44 per cent, at 5:30 p.m. yves- day. Tide Tables. (Furnished by United Sta Geodetic Survey Today. 2 a.m 11:06 a.m. 4146 p'm 1136 pm The Sun and Moon Rises s Coast and ) Tomorrow 5:18 a.m = 43 pm 12004 p'm today Sun’ tomorrow ___ Moun. today half hour after sunset Precipitation. Year | Automobile lights must be turned on one- THE EVENING STAR, WASHINGTON C DIVIDENDS ANNOUNCED NEW YORK, March 22.—Dividends de- clared: FASTER PACE ST | 2o AT STEEL PLNT 52 206215 4-15 | Regular. Greenwich Gas $1.25 Par i e @ Institute Finds Operations ot 8o *'ife o Up 0.7 of Point at 89.6 e of Capacity. SHORT-TERM SECURITIES. (Reported by Chas. D. Barney & Co.) BY the Associated Press. Bid. & 4y A\kr‘d NEW YORK, March A 13 4-1 4-15 & Tel o Co, 1os 22.—Opera- ‘ Auburn % ':\ tions in the steel industry for the cur- | E‘:}lnl B o rent week advanced .7 of a point to | Ches. & Ohio Hy 89.6 per cent of capacity, a peak since | Edis. Elec. Tilu August, 1929, and compared with 88.9 | G 1 per cent last week, the American Iron & Steel Institute estimated today. A month ago operations averaged 82.5 per cent of capacity, while a vear ago the rate was 53.7 per_cent. y as Lt. § TARieh var Coal b Lehigh Val, Ter Long Island Gen, 45 ' Lou & Nash R, R cen. R. R e INSURANCE STOCKS NEW YORK. March 22 (#.—New York | Security Dealers’ Association . | Asked. | 108 2 101% Aetna Cas (: mm Aetha Te (b Aetna Life (1) Am Equit (1.60) Am Ins Newark (1za) Am Reins () m Am Reserve (1a) lentes Su Am Surety (213) hash Ry. Co Automobile (1x) & ner Bros. ds Balt Amer (.20a) 9 |Wes. N Y & Carolina_ (1:50) Wes Union Tel City of N ¥ (1.20) b Comn Gen Lif (50) METAL MARKET YORK, M P NEW 2 roiytic nd fut Spot export rch o/ asy Hanover (1.60) Harmonia _(1.30) Hartford Fnc ) Home Fire Sec Home Ins (Ta Alum- -2 100, oln Fire ass Bond Natl Fire (2 Li VISIBLE GRAIN SUPPLY. NEW YORK, March 22 (#).—The visible supply of American [the following chances in 22 bushels: hole milk | Chick- Fowl_col- Roosters, CRUDE OIL PRICES. TULSA Okia. March oo (. —Base crude oil prices: Midcontinent ares, Okla- 0Bks homa-Kansas, gravity scale. 08 to 1.30: | ofed, 20-21: Leghorns 17-18 North, "Norih Gemtral and " West Ceniraj | 127 turkevs, o Texas, gravity scale, 96 to 1.20; East —e Texas, 1.27. West Texas (Permian Basin), BRAZILIAN FUNDS READY. scale 08 T Kansas sravity cale. 85 50 NEW YORK, March 22 (#).—Chase Mountain area, Salt Creek, Wyo., National Bank, as special agent, an- ale, 98 to 1.30. % cel Eastern area. Pe nounced funds have been received for ford-Allegany). 2.6 payment, March 15, 1937, coupons of I Eurcka fnes. & State of Parana, Brizil, 7 per cent ex- eye lines ternal sinking fund consolidated gold bonds, due March 15, 1958, at the | rate of 22, per cent of face value, or | $7.871, for each $35 coupon, and NEW YORK. March 22 (#.—Eggs, 32.- | $3.933; for each $17.50 coupon unsettled. " Mixed colors. Special s, 7. standards, Y stor s ] s, } General Time Instruments Corp. Common share earnings after surtax, year ended January 2, were $3.54 Y. Live poultey. by frelgnt Rocks 19: Leghorns. 1 Rravity Louisiana-Ar- Rocky gravity sylvania grade (Brad- same grade in Buck- Corning, NEW YORK PRODUCE. | higher | score) i sec- i central- Creamer: 28, 1935. These prices effective in Washington and vicinity till close of business Tuesday, March 23rd. ain shows —Copper against $224 in year ended De ember | U. 8. TREASURY POSITION. ® ESTABLISHED 1865 ® Bar:zr Slat Ventilator Doors Prepare now for the hot Summer days and nights to come. Save money at pres- ent price levels. Four sizes in stock, ready for prompt, free delivery. Make your home or apartment comfort- able! "GEO. M. BARKER ¢ COMPANY o LUMBER MILLWORK 649-651 N. Y. Ave. N.W. 1523 Tth St. N.W. NA. 134¢, “ine Lumber Number” BY the Associatea Press. 19THE,Dositlon of the Treasury on March 16 21,13 expendi- $1667,- for the 9 . Receipty 5 balance, receipts scal year (since expenditures July Inciuding S8, 70 ot inactive gold STEEL QUOTATIONS NEW YORK, March es. per 100 pounds e annealed sk alvanized she ot rolled MONTREAL SILVER. MONTREAL, March * G s opened Hrmer. 3 o, 35 15b; ‘May, 45.05; Bid and : DISTRICT GROCERY STORES'"‘ BRGES FPENor SILVER COW Evaporated cently compiled by the Department | of Labor from reports covering 824 cities for the two years. reveal the Monthly precipitat apital (current month Month January Wheat decreased 1,503,000, corn de- | creased 105,000, oats decreased 1.286,- \\\lvur!rufl (1.20) vast scope of building operations even a time when they were depressed comparison with the boom peaks the bast. The total for all types construction showed- a gain of nearly 61 per cent over 1935. Resi- dential construction showed the larg- | est percentage gain, with an advance | of nearly 113 per c: over the pre- | vious year. ial construc- tion increased 34.4 per cent In dollars, non-residential construc- tion permits amounted to more than two-thirds of the residential volume 1d about one-third of the total for all construction Additions, altera- tions and repairs” amounted to nearly $300,000,000, which was a little less than half the new residential con- struction, and compares w construction total of $1,35: Hotel Permits Jump. It is & ing to note that 1936 showed a gain of 153.8 per cent in the number of new hotels for which build- ting that definitely pulled out new es! at indu its ser for 33 lings”—mostly ters — accounted 74 in r percent investme motion pictur for 784 permi and involved crease in the dollar Y mumbers. Other interesting com- ow 545 churches, against factories and workshops, fisa.nu 1,611; 843 public garages, st 565, and 9,120 stores and warehouses, a 7,011 in the pre- vious year. ee classifications ! “non - residen buildings” decreases — service ~stations, with 3,628 in 1936 as compared with 3,658 in public buildings, with a total of 437, against 451, and stables and barns, 482 against 532, 7.) DIRECTORS RE-ELECTED. BALTIMORE, March 22 (Special). At the Oils & Industries, Inc., share- holders’ meeting, Howard Reid dnd Arthur S. Kleeman, president of the company, were re-elected directors of the class of 1942 5 F STREET GROSNER OF September October _ November ~_ December _. Weather Abilene. Tex bany Y Adants San “Antonio §an Diego. Calit } San is¢ Clear Rain Cloudy Cloudy Cloudy FOREIGN. (7 am.. Greenwich time. today.) Temperature. Weather. Greenwich time. today.) (Payal). Azores 60 Rain (Current observations.) St. Georges. Bermuda San Juan, Puerto Rico Havana Coltn e amal Zone Horta Tampa Electric Co.—Common share | earnings 12 months ended January 31 were $2.32, against $2.20. Ask About Our 10-Pay Charge Plan A Gloudy 000, rye decreased 310,000, barley de- 150 extra or extras & B irxia lom eXin ! creased 456,000. Declared or paid so far Bafidnewwhat this vear “‘acquired characteristics” are not inherited. Baldness 1s 1n all cases acquired many years after birth and it 1s therefore agreed that it is not nherited SCIENT!STS who study the laws of inheritance have found that Thomas case histories further prove that many men who are bald have fathers and grandfathers with good heads of hair. It 1s alsc found that many men keep good heads of hair throughout life even though their fathers were bald at early ages Eighty-five percent of all cases of baldnese can be traced to neglect or to one or more of 14 local scaip disorders. Thomnas treatment over- comes all of these local scalp conditions—ends dandruff. stops falling hair and re grows hair on the thin and bald spots Come 1n today and receive the benefit of sound advice from ® Thomas expert. Nc charge 1s made for consultatior nor for scalp examination. (Always 1n private). World's Leading Hair and Scalp Specialists—Forty-five Ofices Suite 1050-51 Washington Building (Curncrv N. Y. Avenue and 15th St. N.W.) AM. to 7 P.M. SATURADY to 3:3 KUPPENHEIMER IDEAL FOR SPRING WEAR The coat with nine lives! Morning, noon and night—chilly, balmy and rainy—riding, walking and standing—you'll always enjoy a Valgora topcoat. Here are nine reasons why. It is @) weather-proof, e wet-resistant, e durable, o soft and supple, @ wrinkle-proof, @ light in weight, @ lustrous and silky, @ handsome and © economical. Valgora’s nine lives result from the blending of alpaca, mohair and fine wool. See this ideal topcoat. GROSNER of 1325 F St. 4 U. S. No. 1 Fancy New Potatoes 5 . 25¢ Fresh Beets or Carrots GRIT-FREE Fresh Spinach Yellow ONIONS __ U. S. No. 1 Old-Fashioned Winesap Apples 4. 25¢ York Imperial APPLES FLORID GRAPEFRUIT FINER FLAVORED 4 on '|9c FULL OF JUICE EAT GRAPEFRUIT TWICE OR MORE A DAY FOR HEALTH Brandywine Sliced BACON Sugar-Cured Hickory-Smoked Auth’s Govt. Grade A SMOKED SAUSAGE D. G. S. All-Pork SAUSAGE MEAT Sunshade ROLL BUTTER DEGES: CREAMERY BUTTER Every Egg a White Egg! U. S. GOVT. GRADED AND DATED Sunshade EGGS doz. 5c U. S. Standards—Large, Retail Grade B Gold Bag Coffee Shurfine Coffee Wilkins Teo Y% 1b. " pks. 1% 1b. 18¢ *» 35¢ MILK w32 dd Crosse & Blackwell Pure Tomato Juice 4 : 25 Just the pure juice of red, ripe tomatoesa tall cans 14 oz. cans Royal Gelatin Assorted Flavors EAGLE BRAND Magic Milk 19 CAMPFIRE Marshmallows The Original g pkg 1 7 D. G. S. FANCY Food Fruits for o 25c SWEETENED CONDENSED SALAD No fuss, no bother—just chill and serve. WELCH'S PURE GRAPE JUICE bo! 19: bot- 35c Drink it for cn!rg\. CLAPP’S BABY FOODS FRUITS - VEGETABLES ~ SOUPS - 16 VARIETIES DISTRICT G%ece%5 STORES=