Evening star. [volume] (Washington, D.C.) 1854-1972, March 22, 1937, Image 18

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Evening star. [volume], March 22, 1937, Page A-18, Image 18
About Evening star. [volume] (Washington, D.C.) 1854-1972

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Evening star. [volume] (Washington, D.C.), 22 March 1937. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045462/1937-03-22/ed-1/seq-18/>

Newspaper Page Text

BUILDING GAINS
WATCHED CLOSELY
Hopes for Further Drop in
Jobless Hinge on Con
struction.
BY J. G. DONLEY.
Special Uipatch 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 very 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 heavy, or so
called “capital goods,” industries has
already staged sufficient recovery to
bring it 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 workers were di
rectly or indirectly dependent upon the
building industry in 1930, according
to the census figures for that year. Of
that number. 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
cently compiled by the Department
of Labor from reports covering 824
cities for the two years, reveal the
vast scope of building operations even
at a time when they were depressed
in comparison with the boom peaks
of the past. The total for all types
of 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 cent over the pre
vious year. Non-residential construc
tion increased 34.4 per cent.
In dollars, non-residential construc
tion permits amounted to more than
two-thirds of the residential volume,
and 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 with the ‘‘all
construction total of $1,352,979,606.
Hotel Permits Jump.
It is interesting to note that 1936
showed a gain of 153.8 per cent in the
number of new hotels for which build
ing permits were filed, indicating that
that industry has definitely pulled out
of its serious slump. Permits were
issued for 33 new hotels last year,
agairjst only 13 in 1935.
New “amusement buildings’—mostly
motion picture theaters — accounted
for 784 permits, against 574 in 1935.
and involved a larger percentage in
crease in the dollar investment than
in numbers. Other interesting com
parisons show 545 churches, against
491; 2,222 factories and workshops,
against 1.611; 843 public garages,
against 565, and 9,120 stores and
warehouses, against 7,011 in the pre
vious year. Only three classifications
under “non - residential buildings”
showed decreases — service stations,
with 3,628 in 1936 as compared with
3.658 in 1935; public buildings, with
a total of 437, against 451. and stables
and barns, with 482, against 532.
(Copyright. li»37.)
DIRECTORS RE-ELECTED.
BALTIMORE, March 22 (Special).—
At the Oils & Industries, Inc., share
holders’ meeting, Howard Reid And
Arthur S. Kleeman. president of the !
company, were re-elected directors of !
the class of 1942.
<£5 F STREET
THE WEATHER
District of Columbia—Pair tonight;
tomorrow cloudy; not much change in
temperature, lowest temperature to
night about 40 degrees; gentle shifting
winds, becoming easterly.
Maryland and Virginia—Pair to
night; 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.
Saturday— Degrees. Inches.
4 P.m.- tit* 29.(55
? P m , t- 51 29.(54
Surntay—- 4B
4 a m _ 53 20.72
s a m.- 53 20JI0
Noon - 4!) 30.07
4 P.m. - 40 30 j2
« P-m. . 45 30.21
Todiyni,dmght-.- 40 30«
4 a.m. - 3(5 30.27
* «-m. 42 30.31
Noon _ _ 41 30.29
Record for Last 21 Hours.
(From noon yesterday to noon today.)
Highest. 50. at 1 p.m. yesterday. Year
aRo. oo.
Lowest. 36. at 4 a.m. today. Year
ago. 43.
Record Temperatures This Year.
Highest. 76. on January {).
Lowest, 19, on February 28.
Humidity for Last 21 Hours.
'From noon yesterday to noon today.)
Highest. 75 per cent, at 6:10 a.m. today
Lowest, 44 per cent, at 5:30 p.m yes
terday.
Tide Tables.
(Furnished by United States Coast and
Geodetic Survey.)
. Today. Tomorrow.
H.*h - — _ 4:22 a.m. 5:18 a.m.
- 11:06 a.m.
Hieh - 4:46 p.m. 5:43 p.m.
Low - __ 11:30 p.m. 12:04 p.m.
The Sun and Moon
0 J Rises. Sets,
cun. today 6:00 0*»1
Sun. tomorrow_ o os 6 2°
Moun. today 8:32 p.m. 3:33 a.m.
Automobile lights must be turned on one
half hour after sunset
Precipitation.
Monthly precipitation in Inches In the
Capital (current month to date):
Month 1937 Average. Record.
January - 7.83 3.65 7.83 '37
February- 3.33 3.27 ti.84 84
March —— 2.00 3.75 8.84 'll]
April - ___ 3.27 9.13 '80
i?,™ - - 3.70 10.60 '80
mu, - — 4-1:i 10.04 '<'0
September "I"- » 17 % 1
October-1 HI 2:84 867 85
November _ 2 37 8 60 -00
December-ZZZ ZZZ STIS 7 60 '01
Weather in Various Cities.
Rain
AuUana ~ Hl«h Low. tall. Weather.
Abilene. Tex .to.ox 44 Clpar
Albany. N Y. ;t<u.x 4<) _ cloudy
Atlanta. Ga. t»*J 4'Z Cloudy
Atlantic City 3,1-4 ft.! 30 I" Cl?ar
Baltimore, Md. 30.30 51 30 ___ cloudv
Birmingham . _ 30.14 01 40 Cloudy
Bismarck. N. D. 30.38 34 1o _ I Cloudy
Boston. Mass. 30.00 44 30 Clear
Buffalo. N, Y 30.34 30 10 ~ Clear
Charleston S.C. 30.11 To 50 Cloudy
Chicago. 111. 30.44 44 34 _ Clear
Cincinnati. Ohio 30.41 51 31 ' Cloudv
Cleveland. Ohio 30.40 40 30 _Cloudy
Columbia S C. 30.30 71 41 I* Clear
Denver. Colo. 30.00 48 31 _I Cloudv
Detroit, Mich. _ 30,42 40 IS _ _ Cloudy
El Paso Tex. 10.01 To 41 Clear
Galveston. Tex. .30.10 04 58 0.01 Cloudv
Helena. Mont._ 30.OH .32 22 Cloudy
Huron. S. Dak. 30.38 30 28 _ Cloudv
Indianapolis 30.41 50 31 Cloudy
Jacksonville 30.11 so 54 _ Cloudy
Kansas City.Mo. 30.30 50 30 Clear
Los Angeles . 10.70 til 44 0.3.8 Rain
Louisville. Ky. 30.40 51 34 Cloudy
Miami. Pla. 30.00 81 To _ Clear
Minneapolis 30.40 is 14 _ . Cloudy
N. Orleans. La. 30.10 To 51 _ Cloudy
New York. N Y. 30.18 40 30 _ _ Clear
Oklahoma City 30.10 04 48 _ Clear
Omaha Nebr. 30.18 40 30 _ Cloudy
Philadelphia 30.14 5u 38 Clear
Phoenix, Ariz. 10.78 78 50 _ Clear
Pittsburgh. Pa .30.30 44 30 Clear
Portland, Me. 10.04 40 30 Cloudv
Portland Oreg. 10.01 50 40 0.02 Cloudv
Raleigh. N. c. 30.31 04 40 Cloudv
Salt Lake City 10.00 54 44 Cloudy
San Antonio 30.10 71 50 Cloudy
San Diego. Calif 10.80 01 50 0.04 Cloudy
San Francisco 10.72 50 44 1.78 Cloudy
St. Louis. Mo. 30.30 50 40 Clear
Seattle. Wash. 10.00 51 40 0.14 Rain
Spokane. Wash. 10 50 48 4(1 Cloudv
Tampa. Fla. 30.10 84 00 . Cloudy
WASH.. D. C. 30.31 53 36 . Cloudy
FOREIGN.
(7 a m.. Greenwich time, today.)
Stations. Temperature. Weather.
London. England 37 Rain
Paris. France_ 4 1 Cloudy
Vienna. Austria_ 39 Cloudy
Berlin. Germany_ 39 Cloudy
Brest. France _ 41 Cloudy
Zurich. Switzerland_ 32 Foeey
Stockholm. Sweden _ 32 Cloudy
Gibraltar. Spain 49 Cloudy
(Noon. Greenwich time, today.)
Horta (Fayal). Azores 60 Rain
'Current observations.)
St. Georges. Bermuda 64 Cloudy
San Juan. Puerto Rico 78 Clear
Havana Cuba 74 Cloudy
Colon. Canal Zone _ 80 Cloudy
Tampa Electric Co.—Common share
earnings 12 months ended January
31 were $2.32. against $2.20.
FASTER PACE SET
AT STEEL PUNTS
Institute Finds Operations
Up 0.7 of Point at 89.6
of Capacity.
By the Associated Press.
NEW YORK, March 22—Opera
tions in the steel industry for the cur
rent week advanced .7 of a point to
89.6 per cent of capacity, a peak since
August, 1929, and compared with 88.9
per cent last week, the American Iron
& Steel Institute estimated today.
A month ago operations averaged
82.5 per cent of capacity, while a
year ago the rate was 53.7 per cent.
INSURANCE STOCKS
NEW YORK March 22 </Pi.—New York
Security Dealers’ Association:
* . ~ , Bid Asked.
Aetna Cas (2a) _ 102'2 ioni2
Aetna Ins (l.HO) _ 5o*a 5°»2
Aetna Life (1) _ 30iL 3014
Am Equit (1 .HO) 42 45
Am Ins Newark (1 ^a) _ lie, i434
Am Reins (3) _ 45 47
Am Reserve 'la) _ _ 31 33
Am Surety (212) _ 5012 tilv2
Automobile (la) _ _ 33 35
Balt Amer (.2oa) _ k 0
Carolina (1:30) _ 2?>2 "n
City of N Y (1.20) __ _ 2S' 4 2034
Conn Gen Lif (.80) . __ 30 4o»2
Contin Cas (1.20) _ 20'4 31 i4
Fid & Dep d g) _181 J 341 ■
Firemens Nwk _ _ 12*4 i.d,
Frank Fire (la) _ 3<|34 ;{->a4
Gen Remsur (2» 4; '4 401.
Glen Falls (l.HO) _ _ 4H 48
Globe Rep (.80) _ 2234 *»434
Globe A’ Rut 74 77
Great Amer (la) _ 2T34 2!)'4
Hanover d.Ho _ 373-, .'to3,
Harmonia (1.30) _ 2iIa
Hartford Fire »2) _ _ 71*, 7314
Home Fire Sec _ H>2 73,4
* Home Ins (la) _ 40 >, 4*>i,
Homestead (1) _ j j#34 2 P 4
Lincoln F'ire _ 43, 53,
Mass Bond (3V2) __ HI3, (541,
Natl Fire (2) _____ H4,2 hhu
Natl Liberty (.20a) _ 0'2 11
N Hampshire (l.HO) 451, 4»;>2
N Y Fire i.Soa) 21 *’n
Nor River i 45g) 2?34 20l,
Phoenix (2a) __. op2 0512
Prov Wash d) _ __ :to34 4 H,
! St Paul Fire (H) . ._ _ 208 2 I t
Springfield <4>2) 12 r>12 r\s>2
Sun Life (33,r) _ 700 75(>
j Travelers (1(5) _ 4S8 40s
U S Fire (2) 5T*'.. 5?1 >
I Westchester (1.20a) 35'4 371,,
a—Also extra or extras,
g—Declared or paid so far this year.
DIVIDENDS ANNOUNCED
NEW YORK, March 22.—Dividends de
clared;
Arrearage.
Pe- Stk.of Pay
Rate. riod. record, able.
Calif Oreg P f\% pf $2.25 3-31 4-15
Calil Oregon Pow 0</,
Pf series 1027 $2.25 __ 3-31 4-15
Calif Oregon Pw T>
Pf 2.62 V2 — 3-31 4-15
Regular,
Greenwich Gas $1.25
Part ic pi 31 ‘Ac Q 3-25 4-1
Ken Util \Vv pf $1.60 Q 3-26 4-15
-•
SHORT-TERM SECURITIES.
(Reported by Chas. D. Barney & Co.)
Bid. Asked.
Am. Tel. & Tel. 5’jS ’43 113 113‘A
Auburn Auto Co 4Vs ’30 75 so
Calil Packing Corn. 5s '40 103 104*4
Caro. Clinch. A: Ohio 5s ’38. 1045a 105
Ches. A Ohio Ry 5s ’30 1067a 107*4
Edis. Elec. Illu. 4s ’30 104* a 10H7*
Gen. Pub. Svc. 5*,2s ’30 102sa
Gr. Ran. & Ind. 4*2s '41 _ _ 100
Houston Oil o*4s '40 102 102*3
Int. Merc. Marine (is ’41 .. 82 84
Int. Tel. A’ Tel. 4 */2s '30 83*/2 84*4
Laclede Gas Lt. 5s *30 0334
Lehigh Val. Coal (is 38 003a 0034
Lehigh Val. Ter. Ry. 5s ’41 104*4 107*4
Long Island Gen. 4s ’38 104 *4
Lou A: Nash R. R. 4s ’40 105 1055a
Mich. Ceil. R. R. 4s ’40 103 103*2
Midi. R. R. of N. J. 5s ’40 70 847«
Milw. & Nor. R R. 4'2s ’30 00 00
N. Y. C. At S. L. notes ’38 loo loo Vi
N. Y. Dock 5s ’38 (>0% *ils'a
N. Y.. Sus. A: Wes. 6s ’40 52 >B 57
N. Y. Tel. Co. 4*as 30 lo73a 108
Pac. R. R. of Mis. 4s ’38 _101*/3 lol34
Penn-Dixie Cement 6s ’41 100 100Vi
Penna. R. R. Co. 4s ’43 . 112
Rio Gr, Western 4s '30 75 78*4
Sou. Bell T. A T. 5s *4 1 10(5*4 l()(i34
Ter. R R As. St. L. 4'2s ’39 106 1073a
i Vanadium Corp. 5s ’41 107 108*4
Vertientes Sug. Co. 7s ’42 20*/2 31
Wabash Ry. Co. 5s ’30 101 101*4
Warner Bros. Os ’30 05 96
Wes. N Y A: Pa. 4s ’43 100*4 110*4
Wes Union Tel. 5s ’38 1027a 1033a
-•
METAL MARKET.
NEW YORK. March 22 OP).—Copper
steady; electrolytic spot and future, It}.25;
export. 1 6.75. Tin easy; spot and nearby,
r»2.12,ii-H2.25; future. 01.50-61.0212.
Lead steady sopt. New York. 7.00-7.05:
! East St. Louis 0.K5. Zinc steady; East
1 St Louis. spot and future. 7.50. Iron.
No. 2. fob.. Eastern Pennsylvania. 25.00;
Buffalo. 24.00; Alabama. 20.on. Alum
inum. virgin. 00 per cent. 20.00-21.00.
Antimony spot. 17.no. Quicksilver O.i 00
05 no. Platinum, pure. 5S.no. Wolfra
mite. 1 8.50-10.00
-•
VISIBLE GRAIN SUPPLY.
NEW YORK. March 22 (/Pi.—The
visible supply of American grain shows
the following chances in bushels'.
Wheat decreased 1.503,000, corn de
creased 105.000, oats decreased 1,286,
000, rye decreased 310.000, barley de
creased 456.000.
Baldness- is Hoi
Inheeiied
SCIENTISTS who study the laws of inheritance have found that
“acquired characteristics" are not inherited. Baldness is in all cases
acquired many years after birth and it is therefore agreed that it
is not inherited
Thomas case histories further prove that many men who are bald
have fathers and grandfathers with good heads of hair. It is alsc found
that many men keep good heads of hair throughout life even though
then fathers were bald at early ages.
Eighty-five percent of all cases of baldness can be traced to neglect
or to one or more of 14 local scaip disorders Thomas 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 in today and receive
the benefit of sound advice from a Thomas expert. Nc charge is made
for consultation nor for scalp examination (Always in private).
World's Leading Hair and Scalp Specialists—Forty-Eve Offices
Suite 1050-51 \\ ashington Building
(Corner N. ^ . Avenue and 15th St. N.W.)
HOI KS—n A.M. to 7 P.M. SATI'RADY to 0:00 P.M.
K1IPPENHEIMER
ra0jtna.Topcotdt
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 \ algora topcoat. Here are
nine reasons why. It is © weather-proof,
© wet-resistant, © durable, © 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.
Ask About Our 10-Pay Charge Plan
$40
An investment in good appearance
, GROSNER
of 1325 F St.
CRUDE OIL PRICES.
TULSA. Okla . March 22 (/P).—Base
crude oil prices: Midcontinent area. Okla
homa-Kansas. gravity scale. 08 to 1.30.
North. North Central and West Central
Texas, gravity scale. 00 to 1.20; East
Texas. 1.27.
West Texas (Permian Basin), gravity
scale. 84 to 1.08; North Louislana-Ar
kansas. gravity scale. 00 to 1.22. Rocky
Mountain area. Salt Creek, Wyo.. gravity
scale. 08 to 1.30.
Eastern area. Pennsylvania grade (Brad
rord-Allegany». 2.07; same grade in South
! west Pennsylvania lines. 2.42: ss.me grade
in Eureka lines, 2.37: same grade in Buck
| eye lines, 2.22; Corning, 1.42.
■■ 1 •
NEW YORK PRODUCE.
NEW YORK. March 22 (/P>.—Eggs. 32
104: unsettled. Mixed colors. Special
packs. 20-27'*: standards. 25-25'4 stor
age-packed firsts. 2o'*-34: firsts, 23-23*4
mediums. 23-2.3'4: dirties. No. l 23-23 *4;
average checks. 21 Vi-22.
Butter 0.773; firm. Creamery, higher
than extra 3044-37 M*: extra (02 score)
• 0>V, firsts (88-0| scores). 34-30'4: sec
onds (84-87 scores). 32la-33 Vi; central
ized (00 score) 35,/2-34.
Cheese. 87,243: firm. 8tatc whole milk
flats held fancy. 103H. 22Va-23.
Live poultry, by freight, steady Chick
ens. Rocks If): Leghorns. 13 Fowl col
ored. 20-21: Leghorns 17-18. Roosters,
12; turkeys, 20-27; ducks. 15.
BRAZILIAN FUNDS READY.
NEW YORK, March 22 <A>).—Chase
National Bank, as special agent, an
nounced funds have been received for
payment, March 15, 1937, coupons of
State of Parana, Brizil, 7 per cent ex
ternal sinking fund consolidated gold
bonds, due March 15, 1958, at the
rate of 22 V2 per cent of face value, or
$7.87V2 f°r each $35 coupon, and
$3.933/4 for each $17.50 coupon.
General Time Instruments Corp.
Common share earnings aftei surtax,
year ended January 2, were $3.54
against $2.24 in year ended De ember
28, 1935.
TJ. S. TREASURY POSITION.
By the Associated Press
The position of the Treasury on March
19 Receipts $108,472,021.19; expendi
tures, $158,595 022.7'#; balance. $1 007,
J 79.0'# 0.70; customs receipts for the
month $94,250,242.05.
Receipts tor the fiscal year (since July
1) $9,484 807.507 85; expenditures $.'» -
495.512,970 1 9. including $2,055,528 -
099.09 ol emergency expenditures; exess of
expenditures $1.840.705,402.28; gross debt.
$94,505.999 594 5. an increase of $90
099 8 #4 over the previous day Gold as
sets $11.515 010.710 00 including $281
999,980.70 ot inactive gold.
STEEL QUOTATIONS.
NEW YORK. March "2 —Steel
prices, per 1(10 pounds, f.o.b Pittsburah:
Blue annealed sheets, hot rolled " i"5
Galvanized sheets, 3.825. Black sheets,
hot rolled 3.175. Steel bars. 2.475.
MONTREAL SILVER.
MONTREAL, March 22 (fP).—Silver fu- .
tures opened lirrner 20 to 25 higher
! Marcn 45.Job; May. 45.05b; July. 44.95b
b—Bid.
• ESTABLISHED 1865 •
V/
Barker Slat
Ventilator Doors
Prepare now for the hot
Summer days ond 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!
CEO. >1. ItARKER
• COMPANY •
LUMBER and MILLWORK
649-651 N. Y. Ave. N.W.
1523 7th St. N.W.
NA 134o, i ne Lumber Number"
These prices effective in Washingtor
and vicinity tilt close of business
Tuesday, March 23rd.
— io too^iot \
^ s “i*1”w '
W .VS STAR
' '■“Z
i ..,^mi///M0^ III
* U. 5. No. I Fancy
New Potatoes
Fresh Beets , . E C
or Carrots___buncb J
GRIT-FREE
Fresh Spinach
3 19c
Yellow A .. ICC
ONIONS_** bs’
U. S. No. 1 Old-Fashioned
Winesap Apples
4 - 25'
York Imperial A Ac
APPLES_lbs- IV
Cl ADin k i MT68At,EWU,T t*»ce
r Lv/I\ll/A (0* MORI A DAY TOR HEALTH^
GRAPEFRUrT^^
FINER FLAVORED A for 1 Qc
FULL OF JUICE ■ 1 ^
Brandywine Sliced
BACON
Sugar-Cured
Hickory-Smoked_
Auth's Govt. Grade A
SMOKED SAUSAGE_
D. G. S. All-Pork
SAUSAGE MEAT_
Sunshade
ROLL BUTTER _
D. G. S.
CREAMERY BUTTER_
Every Egg a White Egg!
U. S. GOVT. GRADED AND DATED
Sunshade
EGGS_
U. S. Standardt—Large, Retail Grade B
Gold Bag Coffee.lb 23c
Shurfine Coffee.,b- 25c
Wilkim Tea ^ 18c r 35c
D. G. S., PET or
SILVER COW
I
Evaporated
MILK
3 22c
Crosse & Blackwell Pure
Tomato Juice
4I4oz- 0
cans Mm tsM
Just the pure juice of red, ripe tomatoes*
ROYAL
OtLATIN PtSStltT
JELL-O
or
Royal Gelatin
Assorted Flavors
Any 4 pkgs. 19'
EAGLE BRAND
Magic Milk
SWEETENED % C
CONDENSED can |
CAMPFIRE
Marshmallows
The
Original lb. ^B (
Food pkg' I #
D. G. S. FANCY
Fruits for
SALAD_N«n
No fut*, no bother—just chill and serve.
WELCH'S PURE
CRAPE
JUICE
pt. tOc 1 Cc
bot. | jw bot. ^0 ^0
Drink it for entrgy.
cans 25c

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