Evening star. [volume], March 15, 1937, Page A-20, Image 20

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
AT STEEL PLANTS
Institute Finds Operations
at 88.9 Per Cent of
Capacity for Week.
the Associated Press.
NEW YORK, March 15—Opera
tions in the steel industry for the cur
rent week advanced 1.6 points to 88.9
per cent of capacity, to a peak since
September, 1929, and compared with
87.3 per cent last week, the American
Iron & Steel Institute estimated to
day.
A month ago operations averaged
81.6 per cent of capacity, while a year
ago the rate was 60.0 per cent.
Operations for the month of Sep
tember, 1929, were at 90.44 per cent
of capacity.
Despite recent price increases new
business is coming into mills and there
is little unsold tonnage available for
delivery before May 1, trade reports
•aid. Steel men said there was un
likely to be any material decrease in
the near future as other lines are ex
pected to take up whatever small de
crease there may be in automobile re
quirements.
hTe magazine “Steel” said today
some deliveries are being offered as
far away as September, although sale
for June and July shipment is the rule
at present.
TRADE WITH CANADA
GAINS DURING MONTH
By the Associated Press.
The Commerce Department reported
today substantial increases in trade
with Canada and South America dur
ing January.
January exports to Canada totaled
$31,297,000, compared with $26,982,000
in the same month a year ago, while
shipments to South America were $19,
763.000 and $14,207,000, respectively.
Imports from Canada aggregated
$33,089,000 in January, compared with
$22,934,000 in January, 1936. Im
ports from South America were $32,
431.000 and $24,073,000 for the re
spective months.
VISIBLE GRAIN SUPPLY.
NEW YORK, March 15 (£>).—The
Visible supply of American grain shows
the following changes in bushels:
Wheat decreased 1,373,000: corn in
creased 104,000: oats decreased 1,694,
000; rye decreased 240,000; barley de
creased 133,000.
-•
NEW YORK SUGAR.
NEW YORK March 15 UP).—Raw sugar
Was quiet and unchanged early today at
8.45 for SDots. with no sales reported.
Futures were irregular. No. 3 de
clined under increased liquidation and
commission selling promoted by the week
end Washington advices in which Secre
tary Wallace reiterated his opposition to
anything less than a 34-cent excise tax.
The No. 4 contract advanced on renewed
commission house buying and covering
encouraged by the favorable showing of
the London market. May No. 4 declined
to 2.40 and September to 2.50. or 4 points
net lower, and was ruling at within a
point of these levels at midday. The No.
4 contract advanced % to 2 points but
toward midday reacted partially under
realizing, with July easing from 1.33 to
1.32 and September from 1.33% to 1.32%.
leaving the list from about % to 1 point
net higher. Refined was unchanged at
4.80 for fine granulated, with active
Withdrawals again reported.
--
U. S, TREASURY POSITION.
Bs the Associated Press.
The position of the Treasury on March
12: Receipts, $38,848,737.54: expendi
tures, $28,952,024.80: balance, $1,682.
415,759.51. Customs receipts for the
month. $22,928,236.44
Receipts for the fiscal year (since July 1).
*7:???:?S?,277 ^expenditures. $5,067,
722.150.91 (including $2,009,556,370.98
oi emergency expenditures): excess of ex
S?"dilu,r^_S2,099.459.878.33. Gross debt,
KJ’T?2-fSl,38f'-40' an increase of $5,
764,15,.50 over the previous day. Gold
11.490.133,884.72. including $258,
$26,736.27 of Inactive gold.
--•
BOSTON WOOL MARKET,
BOSTON. March 15 MP) (United States
Department of Agriculture).—The Boston
wool market showed some irregularity
today despite the strong close of the
London sales last week.
Some houses adhered firmly to their
recent asking prices on spot domestic
*i,B2ye.rs whl!t showtnk more in
terest than two or three weeks ago. had
few urgent immediate requirements.
In considering purchases for future re
quirements buyers were influenced largely
by current prices and costs of recently
Imported wools. w
—-m
MONEY MARKET.
YORK- March 15 UP).—Call money
steady, l per cent all day: prime com
B‘val \ *er cent: time loans
steady. GO days. 6 months. 1% ner cent
?nerri2vcbank7/s’ acceptances unchanged:
30 days. A-Vi: Go-.oo days %-»• 4
months A-%: 5-6 months. %-%. Redis
count rate. New York Reserve Bank. 1%
per cent. Rate for Federal funds was
Increased to y4 per cent from %.
MONTREAL SILVER,
*ur^ONoTp?nEeAdL' st^ 'MVih^
£y95b46&dJUIy- 45 05b''
Grocery Concerns
Face Prosecution
Under Trade Act
By the Associated Press.
The Federal Trade Commission
charged today the Procon Grocery
Service Co. of New York had returned
brokerage fees to Its 11 member
grocery chains in violation of the Rob
inson-Patman act.
The complaint said the Procon com
pany operated as a co-operative pur
chasing agent for the cahin stores
and had passed back to them fees,
or commissions, ranging from 1 to 10
per cent of quoted sales prices on
merchandise, after deducting cost of
operations. The Robinson-Patman
act prohibits the payment of such
fees except for services.
Members named in the complaint
included the Kroger Grocery & Bak
ing Co., American Stores Co., First
National Stores, National Tea Co.,
Safeway Stores and others.
The companies were given 20 days
to file an answer.
U. S. STEELREPORT
SHOWS HUGE GAIN
Gross Sales and Revenue Rise
43.5 Per Cent Over Totals
for Previous Year.
By the Associated Press.
NEW YORK, March 15.—The vastly
expanded demand for iron and steel
products which accompanied the re
covery upswing in 1936 was reflected
in the pamphlet annual report of
United States Steel Corp. and sub
sidiaries, which showed gross sales and
revenue of $1,089,229,007, an increase
of 43.5 per cent over the $758,893,126
received in 1935.
“This improved showing in 1936, in
comparison with 1935,’’ the report said,
“arose primarily from an increase of
substantially 47 per cent in the aggre
gate tonnage of rolled and finished
products shipped and which permitted
the better employment and function
ing of the various associated produc
tive facilities of the organization.”
Total assets, the report showed, in
creased to $1,863,976,518 from $1,822,.
401.741, while current assets were
$485,166,358, compared with $453,183,
538 the preceding year. Current lia
bilities totaled $103,557,708. against
$69,531,148 in 1935, with increases
noted in current accounts payable,
accrued taxes and preferred dividends
payable.
TAPPAN STOCK OFFERED.
NEW YORK, March 15 (#).—An
issue of 46,000 shares of capital stock
of the Tappan Stove Co., priced at $13
a share, was made today by a syndi
cate headed by Mitchell, Herrick &
Co. Proceeds will be used for plant
extension and general corporate pur
poses.
NEW YORK PRODUCE.
NEW YORK, March 15 UP).—Eggs.
21,455; steady. Mixed Colors; Special
packs. 26Vaa26V4; standards. 24t4a25;
storage packed firsts. 24a24'4; firsts. 23a
23*4; mediums. 22Vaa23: dirties. No. 1.
22t4a2244; average checks. 21a21'/i.
Butter, 9,687: firm. Creamery, higher
than extra, 36a3644; extra (92 score),
3544; firsts (88-91 scores), 33V4a35V4;
seconds (84-87) scores). 21V4a33; central
ized (90 score). 3514.
Cheese, 100,569; steady to firm; State
whole-milk flats, fresh, fancy 1936,
22!ia23.
Live poultry, by freight, about steady;
chickens. Rocks. 10: Leghorn, 13; fowls,
colored. 21a22; Leghorn, 17al8: roosters,
13; turkeys, 17a25; ducks. 15.
-•
FOREIGN MARKETS.
LONDON. March 15 UP).—Stock prices
closed weak today, the market becom
ing unsettled by the pressure of offer
ing Transatlantic issues finished frac
tionally lower, while other sections. In
cluding steels, tobaccos, oils and German
bonds were weak. Tin shares were in
good demand and rubber stocks moved
higher following the advance In that
commodity. Rails were neglected.
PARIS.—Securities declined in a mixed
market rentes dropping 50 to 75 centimes
and Bank of Prance closing with a net
loss of 85 francs. Royal Dutch also
declined 30 francs and Canadian Pacific
5 francs. Electric issues were weak.
CRUDE OIL PRICES.
TULSA, Oklahoma. March 15 UP).—Base
crude oil prices: Midcontinent area. Okla
homa-Kansas. gravity scale, 98 to 1.30.
North. North Central and West Central
Texas, gravity scale, 96 to 1.20: East
Texas. 1.27: West Texas (Permian Basin),
gravity scale. 84 to 1.08.
North Louisiana-Arkansas. gravity scale,
90 to 1.22. Rocky Mountain area. Salt
Creek. Wyo.. gravity scale. 98 to 1.30.
Eastern area. Pennsylvania -grade (Brad
ford-Allegany), 2.67: same grade in South
west Pennsylvania lines. 2.42: same grade
in Eureka lines. 2.37: same grade in Buck
eye lines. 2.22: Coming. 1.42.
-•--—
STEEL QUOTATIONS.
NEW YORK. March 15 UP).—Steel prices
per 100 pounds f.o.b. Pittsburgh: Blue
annealed sheets, hot rolled, 2.426; gal
vanized sheets. 3.826: black sheets, hot
rolled. 3.175; steel bars. 2.476.
RUBBER FUTURES.
NEW YORK. March 16 UP).—Crude rub
ber futures opened Irregular, 20 higher to
7 lower. March unquoted; May. 23.75-82;
July, 23.88-90.
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» ■
_ . IT_ _ A _
ORIGINAL C n
IOO Pound Bag M M
When Packed ~
| mainTpotatoes j
In 10 pound ^
paper bags_Jr
THESE ARE BULK MAINE POTATOES. Good, firm
U. S. No. 1 variety that cook white and fluffy. The
price speaks for itself. Large families, restaurants,
boarding houses, etc., can effect an even greater sav
ings by buying the original 100-pound (when packed)
bag. These potatoes will keep well if stored in a cool
place. Be sure to get your supply early in the week.
FRESH PEAS
2-29‘
FRESH LETTUCE
F rom Calif or nia ^ ^lC
HEAD_|
YORK APPLES
Basket C
Variety £|| lb». |
....incus..
GRANULATED SUGAR 10"» 50'
GRAPEFRUIT JUICE'S3 -25'
CORN or TOMATOES ST 3 -* 25'
APPLE SAUCE Mu“ ... 3 - 25'
SAUERKRAUT lang-s ... 3 - 25'
CUT GREEN BEANS * 3 a- 25'
TOMATO JUICE gJ,S 4 25'
JELL-0 DESSERTS .... r* 5c
ROYAL DESSERTS...p* 5'
JERSEY CORN FLAKES - - 10'
NESTLE’S BREAKFAST COCOA
waae Dy me ma<ers or the tamous
Nestle's chocolate bar. This cocoa is
the same dependable quality.
Full
J/2 pound
can
5'
The Choice of the Nation!
LAND O’LAKES
Sweet Cream
BUTTER
Per Pound
44<
SANICO FRESH EGGS I
uThey’re Government Graded” £
U. S. Large Grade B_^oz*
--
Sealect Evap. Milk, tall can 3 foi 20c
Carnation Evapor^^Miut taU can -- 3 ,or 22c
Harvest Blossom Flour 12 it> *a<k 49c
Golden Heart £2i Flou r_12 lb. sack 49c
E Apple Butter l: ] 5C
SANICO Except 24 „x -n Ec
PRESERVES Strawberry jar Jmm w)
Sanico Oats_ __48 oz. pkg. 17c
Kellogg's Corn Flakes r0*«L - ^ 7c
Quaker Puffed Wheat_ Pkft 8c
Quaker Puffed R ice_pk*. 11 c
HEINZ Except
SOUPS Varieties
Heinz Ketchup_ _14 oz. bot. 17c
Sanico Long Grain Rice_i »>. bo, 7c
Morton's Salt _bo, 7c
Columbia Salt_3 boxes 10c
SANICO PEANUT BUTTER
Made from U. S. No. J 1 lb.
Selected Peanuts jar
Genuine Mazda Lamps ion''watt eat" 15c
Type D Lamps Elect™ to. watt *ath 10c
Safe Home Matches_2 boxes 9c i
Our Special Brooms_ „ each 23c
Humpty Dumpty
SALMON
Davie Frsym"d Codfish_» <«• ™ 10c
Fresh Fig Bars in Bum_ib. 10c
5c Candies and Gums_3 10c
70-80 Size Bulk Prunes_4 »»>*. 25c
Cam:Is PIPABCTTirQ Old Golds
Luckies UlUHnC I I CO Chesterfields
2 ■>■»-• 25c1o,,:rk.tst.20
0. K. Laundry Soap_3 10c
Palmolive or Camay m?V^'.-cake 6c
SWIFT’S FROZEN WHILE FRESH
CALVES’ LIVER
“You'll enjoy it"
PRICE PER POUND_
The demond will be big so come early and get yours while
Stock lasts. It is liver that was frozen while fresh when the supply
was plentiful and is brought out now at a price far under fresh liver.
Satisfaction guaranteed.
SWIFTS PREMIUM
. SMOKED BEEF TONGUES
Average weight 2 to 3 lbs.
PRICE PER POUND_
HOW TO COOK IT. Place in large kettle, cover with warm water, bring
to boiling point, then turn down fire and cook for four or five hours.
When cool enough to handle, peel off skin, slice and serve hot or cold.
'
AGAIN TUESDAY!
COOKED BONELESS
BOILED HAM
One qw&rier
Pound_
DELICIOUS?.YES
Because these products are made of selected in
gredients by BRIGGS under U. S. Government in
spection and under the most sanitary conditions.
DIFFERENT?.YES
Because they offer a change from the every day
breakfast routine. Something different to pre
vent monotony. They make fine companion
dishes when served together.
ECONOMICAL?.YES
Because there is no waste—you eat every ounce
you pay for—no bones to throw away. A pound
of either will serve the average size family, that's
only 14c or 20c.
BRIGGS SCRAPPLE 14c
WHAT IS IT? Good, old fashioned corn meal mush with
selected bits of meat—all tastily seasoned ready to fry ond
serve.
HOW TO COOK" IT. Cut into slices about Va" thick, dip
into flour and tiy in either deep fat or hot skillet until it
turns to a rich, golden brown. Then serve immediately
while hot.
BRIGGS PORK PUDDING - "> 20c
WHAT IS IT? Selected cuts of pork and liver blended
together and tastily seasoned.
HOW TO COOK IT. Remove casing, place in hot oven
until heated through—or slice and dip in flour and place
in hot skillet until browned.
“Your Taste Is the Best Judge of Quality” |
Sanitary’s p»!LSausage Meat-">25* j
Sanitary’s Pi"L^"' Sausage “> 25® (
Briggs Sms“.',d Sausage Meat «>• 25®
Briggs 0. S. Graded Bologna 25® jj
Sanitary’s U. S. Graded Franks »> 25® |
Veal is still a big value!
Note these low prices—You'll
realize the value at once.
Veal Cutlets-lb 39c
Loin Veal Chops - -lb 35c
Rib Veal Chops - -!b 31c
Shldr. Veal Chopslb 23c
Breast of Veal — lb 15c
Shldr. Veal Roast -lb19c
Select Pork Chops-lb 33c
End Pork Chops-,b 27c
Smoked Shoulders-,b 19c
Sanico Smoked Hams - - lb 27c
Hormel Sliced Bacon - - A lb 18c
Sanico Sliced Bacon - - *,b- 18c
[ FRESH SHAD chesapeakeEbay
i
1 BUCK
I lb_
s field Bend Fills! ef Haddeek_>**•
j fAfcSfc fiuACl£S
| Per Pound
?ULL&Gk HilLT*
Frozen 10^
I Prices quoted are effective in Washington and,vicinity until noon Wednesday, March 17, 1937
*— I ill '■■■■ I * mL < I.