Evening Star Newspaper, January 24, 1926, Page 38

3 DAY OF CONTRASTS INSTOCK MARKET Industrials Buoyant. While Some Rails Are Weak. U. S. Steel Bought. the Associated Press NEW YO the high-priced Januar Buoyaney industriais, several which advanced two to nearly five ! Istand and + plan s, were es of today's in general pol sding in moders 12188 tota The loans the which undoubtedly the decision of tl :d New York Stock | g | worities to make them pubiic and the casing of time monev rates had a Bullish effect on speculative sentiment. United States teel mon was wzain heavily boug » hope that directors wonld adopt @ re literal | dividend pol at next Tuesday's weeting Other Markets Mixed. The commbdity markers ed. Cotton rallied $1.50 a bale on short coverin the publication « ginning report, 1 zain on profit-taking. ons disclosing net gzins of points. Active wheat fu ~ss than a cent lower The offee markets displayd @ tone. Among the so-called dustrials” to substantial on the day were Ameorican fornla Packing, du Po Flectric, Otis I 1tor huck; South Porto Rieon Suga Cast Iron Pipe Brake and Woolworth Demand for the oil shares was st ulated by rumors of new merge expectations of an increase in midcontinent crude Atianti Gulf and West Indies, ston. In n Refining. Marl:n Ay, Sun | d Tidewater all closed or more highe es vere in better de of the optimistic antile reports Rail Trading Restricted. Trading in the rails ted by the heavi the latest merges stocks. mon closed 17 | lower, at , ing at 98t Rock Island showed a net loss of 11;. at fluctua | hetween o8, the g price, and | Delaware and Hudson broke nearly 4 points in reflection of specu- | lative disappointment over the failure | of the latest efforts to bring pout a ) resumption of _anthracite mining. | Atchison and Norfoik and Western showed independent strength Foreign exchanges hoved rather narrow irregulal h trading quiet e i uled round $4.85 and franes just below cents, nese ven were unchanged at 4% au n closing closed sugar and firm unds ices. T point | non opent with limits | sterling | French Japa Position Strong. clearing house strong reserve p e totaling $26,121.- | e of £911,370 above that | of last week. Aggregate reserve was| £624.813.000. The detafled statement | <howed decreases $536,621,000 in Joan discounuts and investments: $3,068,000 1 reserve in Federal Reserve Bank of | er banks: $: H7,000 in net de nand deposits, and $4.87 00 in deposits. Cash in own vaults showed | a gain of $1.308.000 WALL STREET BRIEFS NEW YORK. January 23 (P).—Con- | fidence in the general Lusiness outlook was expressed today. both by J. J \litchell, president of the Tllinois Mer hants’ Trust Co. and Benjamin L. I.. Winehell, chairman of the Reming on Typewriter Co. on their de irture for Kurope. Mr. it he s no cause for business anywhere, or he would not be taking a trip zbroad. Mr Winchell. who will confer with Enro. pean agents of the company in Genoa on March 1 seeted 2ood business in 19 Ovders were keeping pace | with production. he said. and plants | were at capacity. He figured earn for 1925 would exceed £10 a share Reserve The weekly ment showed tlon, excess 930, an increa men rell cern over was placed to dend 1 is of $4 aua dishur r. which previous!y Tt is payable March fay on an a share. with ment of one dol has been 95 cents 31 to holders of record March The United Fruit earned $ & share on its $100.000 capital steek in with net income of $22.546.880 After all charzes and estimated taxes This compured with £17.294,208, or ) £17.20 cear before. Profit | and loss surplus - 266, against 30 1 at the close of 1824 No deductions were made from 935 earnings for dividends. os dis hursements for that vear were de: clared in advance and charzed out of | 1924 earnt The company has dis continued practice declaring | dividends the entire vear in a vance. T net earninge 10 were credi » profit and loss. The loz the Rock lstand Railroad was betrothed to the South- ern Pacific hal become firm established in Wall Street that the ! financial district was by the an nouncement t} substaniial inter st in fthe road had been acquired by he Frisco. FBankers who bought Rock Island <haves in the open market found their operations facili tated hy thix belief. which had per aisted for several ‘vears, despite this voad's attempt to absorb the “Cofton Belt.” As a recult the Southern Pa ic was credited with all the recent ng of Rock lsland shares swhile the Frisco quietly negotiated iig pur s of the stock frum the bankers annual di 1 The week's bank clearings through- | out the country, compiled Ly the | Sommercial and Financial Chronicle asgregated £10,862,020,137, an increase | of ahout per cent over the total a vear ago. New York City gained | 11.2 per cent. Fmer Pearson. president of Pathe Exclnge, Inc.. said 1925 was one of the best yvears in the company’s his tory. “Not only will e shown an increase in volume. due to a great number of pictures distributed Lroughout the vear, but our profits 1180 should show an increase over 24" he satd. FOREIGN EXCHANGE. NEW YORK, January 23 UP).—For-| n exchanges steady. Quotations (in Great Britain, demand. 6: cables, 485 60-day bills France., demand. Ttaly, demand, Demand: Bel- 4.5414; Germau 23.80: Holland, 20.34: Sweden, 6.7 Switzerland, 19.30%.: Poland. 14;! Jugoeslavi 4.03%. choslovakia 4. Austria, . Ruma H Argentina, 41.37 7il. 15.00: Tokio | Shanghai, 751 Montreal ‘ | £u Land|i | oit play | with neither advantage. 'U. S. LIBERTY BONDS 0.000.000 SE(URI TES CONCERN/| AT NEW HIGH MARK Supplementary Corporation Will Function on Broad ' Expanding Institutional Demand | caie of General Finance—Second Local Move of Kind Within Short Time—1 BY CHASN. P. SHAE k. Another tocal financ said. are in the hands fimportant addition to the structure is seen in the mmourcement last vight by John Poole that $10,000.000 urities tion is being or by fn- connacied wit Federal- tional Bunk. T i will have an suthe canttal of 100,000 preferred share 100 1 ve, and of 12,000 to 16,000 share o | bank to its new quart @ Second the ecasval that the Feder Bank and wi aniv obsy the seem | ionat Naticns also one over” on other institutions here. wneing they wiil he mesxure gis! no par| bt svithal o i onsmat n one held “that's agrecd 11 off v » con rilar prior is not in try mach orporation eral finance husinaes including such < morrgage finane nar invest ments erations other phases of finance. Will Take Over pation fre ture of the b My Poole. tmmediately unon incorp come into possession of t t streei. One tions of the new « develop tl investment value. ing possassion of 1 banking Luilding. it is pron the company will issne amount preferred stock will ecoustitute working capit which to earry on such the management will ever be amented allow fair competiti agencies th ve : form an » bankin armers’ ¥ Purchusing power to the prewar me since 1920 published 1 ing and the wiil strue- explained oy e company. ARY i Inde of the ildine Subsequent be fullest to ta descending believed stimul that solvin tion ¢ strec foreign ative e embodying this plan Congress,” the Index Lill ereates o ce Getiv- may ap h functioning as u separate entity, the corporation will lLe cered Ly the major officers o Federal-American Bank, and will housed in_the I° street quarters. The board of directors also will he select- ed {rom the personnel of the board. i In explaining the Poole valled attention to the of the Lank in the lLst and the ever-ir ng its cusiomers. “Tt financial needs o Le said. “that th tors deemed \ble that tormed laws, a riculture to assist the exi zations without contra A total of offi- collect i the ank’s | of the "country, B by the ¢ selling associations. I a more equitable dist ucts was effected of crop statistics w he farmer supply and demur was operats movement demiind to meet our customers. bourd of dir advisable und d corpovation be present banking bank priv certuir finunce which might happily ducted by a securities comp tified with interests connected the institution he managemer this bank has lonz felt that such an organiz tion should be formed “Not one cent of the surplus fund or undivided profits account of the Federal-American National Bank will be used to further this new project, but whenever capital is needed it will be obtained through the sale of pre ferred stock without reference to the banl eparate certificates will be ed for the common stock and 4 preferred and common will be independent of the bank stock.” Details of incorporation. Mv oalto of T~ The following asked™ prices are quoted for of these Issyes: zed rform . BONDS Arms and Nars ¢ Cosmos Cib 41.'e Metropolitan Ciub 4 ise STOCKS with \nacostia Bank Clhapin-Sacie Poole Woodridze-Langdon ists that netional ban! smption th measu marketing in the Depart 500,000,000, o, fth of the total agricultural business in ve buying and method the Iatest oles. oF ers. Move of Kind. ver it l-American the Commer ational The class called up lution reau scellent credit Aty n anc ‘chasing [ The furiner mal than ng to New agricnl finds, i ore world the most the ot don on; " tment of (formation olling them. transacted this ution of pro and the interchange indication an conditions Unlisted Securities Prices. “bid sted sec e wuidance of OIL BURNER COMPANY MOVES TO MARYLAND Special Dispateh to The St BALTIMORE. January A cer. tificate of incorporation for the May Jurner Corporation was ‘iled State tax commission yes. The company is capitalized 00,000, Maryland seeds such as timothy, and fa. stored Sth e houses, are being terday at $1, The take patents Corpor ture as a result of corporation is to tOp growers in ver all the business. assets, etc.. of the May Oil Burner ion of New York. FHeadquar ters of the company will be establish ed here. The m manufacturing plant of the company. which has been here for eight months. soon will be expanded. accordinng to [dwin M. Fleischmann. the president WEEK’'S NEW OFFERINGS EXCEED $100,000,000 /1l At. Jansar 3 ) —Price | 125; Real Silk, 348, week in the Swift International, reflected the bide. 78%: 1 seed growers in Utah These growers ure co-operative uassociati lieve that the leder: warehouses hich would fzcili ing by enabling loans on the basis ¢ warehouse receipts. CHI CAGb STOCK mov stock W YORK. Junuary ments during the market largely of speculative forces. obtaininz a_decided tuinty over the fu- ture trend of stock prices resulied in wide-spread diversion of investment the hond et, which | firmer tone despite new over 3100.000.000 during to! of weather: changed: too few sale: ceipts, 62 cars: total <hipments, 413; HOW IS BUSINES Showing Current Business Activi GENERAL BUSINBSS ACTTVITY for the counxy outmde New York, compared with the same week: of asc year. ACTIVITY BY FEDERAL RESERVE DISTRICT: in prepared by Illinois, ers in South Dakota, and other field !in free Middlewest 19 FEDERAL WAREHOUSE ACT TO COVER FIELD SEEDS tegulations covering the exte: |of the Federal warehouse uct to f1. clover publ uests from r alfalfa gro: and Idaho. inized into ments are advisable the coming hich be- licensing of stove their crops ate more orderly markei- them ons wh to the negot ot lV(ABKET‘ POTATOES UNCi{ANGED ’ CHICAGO. January 23 (®).—Pota- practically no trading on account market practi a1y u s to quote; re United 13 Canadian S? v €ompared With Same Week a Year Ago Tndicated by Bank Depogie S Check Transactions compared with the corresponding week cf last yeae +114% | +120% | +12% ILLEADING BAROMETERS Showing trend of impo--ant factors Present Trend Business in Dollags [Chaca Cashed Employment [Depe. of Labor) . . Wages [Depc. ofLibor] . . . . Cost of Living (Isd. Coaf. Beard] . Wholesale Prices (Fisiser's Indea] . Agricultural Prices [Dupe. of Ags Movement of Goods [Car Leadisgs] Retail Trade [Fed. Res. Beard] Wholesale Trade [Fed. Re. Bourd] Failures Dwl . . . . Bond Prices [(Ansslse] . Stock Prices (Anasie) . . Stock Mkt. Vol. (Shares Teaged Compilad ond Copyrighted by Cambridge Asociotes, Boston % Changes from Vear Age + 8.0 + 79 12 + 3.6 - 2.0 + 31 — 133 + 26 + 48 + 83 + 37 =293, — oy 4 committee which is expected to perfect the new nizition before the removal of the would Na ial 4 reported a similar or- tion a few days ago, have “put banking uvon to na hope tatutes York sral the surplus production price effec. vroblem and co-oper bill before . “The perative Az and % co-operative organ one- on |=ulting flald red top. ware- o the | fresh stock United States Department of Agricul- ful qualit Federal P).—Bala- tilities, wift & Co., 114: Thion Car- nited States Gypsum. 158 States Trading Feature in Satur- day Market. B the Associaivd Press NEW YORK, January 28.—Week e1d profit taking today deprived the Lond market of the animution Which i had marked dealings throughout the und prices drifted within @ trading avea. The most ant feature of the dav was | thie vise In (he United States Treas- | ury issues to the highest levels of { the year in v Ing institutional. de Tty week it actlvity and rvising prices ather slugzish toduy rst reaction the the Vrisco-Ro: onosi (o S = cequent] of these roads to o pains, bowever, only onul and some of the closed slizhthy lower a4 price fovements preva elsewhere 1n the careier group, high- e quo for Chesapeake #nd Ohio co il New laven con- and Louisville =zud Nash- contrasting with declines ew Hlaven msolidated 4s, Tili: uois Central 2is and Chicago, Mil- wvaukee and Puget Sound 4s Trading in industrizl bonds was enlivened in the final few minutes spurt of more than 5 points i Skelly Oil convertible 6'is to a new record 2t 130. Sinclair 68 also were sivong. but P’an-American is- sues lagged behind. A rally of & points in rnationul Telephone sh, brought about a sympathetic adwv; e in compan, i: per cent i bonds, which reached u new peak at | 11415 BALTIMORE PRODUCE. | BALTIMORE. January I3 (Spe { cial).—The live poultry market rules i firmer on all lines under only moder- ate veceipts of desirable stock, and the jdeiand good and constant for choice t fowl of all kinds, of which there is |0 surplus in the daily receipts. Young hen and gobbler turkeys. medium i sized, are in good and constant de mand at 43 to 50 « pound, but large, heavy gobblers and old toms are slow sale ut 40 and 42, and poor and crook ed breasis are not wanted at 25 and 30. Winter chickens, 2 pounds and | under, meet with ready sale ot 23 and and Leghorns “8, but poo Ar alter of o Wull bring and tl and 23. Tediuin arge old ens sell nd Leghorns, in fair demand Jons continue scarce ) 40. Market for 30 to 34 with 19 Lringing top values, but pour stock will not bring at 17 and 18 and anted s holds stead: 1 more liberal receipt and lea e.wy 22 to 5. with Kent lzlands selling top value iuinea fow] and pigeons hold steady at 75 each for voung and 33 to each for 5 old of the former and 5 and 30 a pair for both voung and old of the lutter. Due to the warm | weather prevailing up to vesterdaw, !dressed ponliry has been e and with exceptior capons, which el s hizh 8 43, will not bring as much dressed at live. Only choice to ney stock attracts attention of the buvers, and shipments of live instead of dr { ed poultry are advisable Under the lower values preva demand for ive and nearby fresh egzs has shown some immprove- ment the latter part of the week, re in an advance in price of ? cents dozen over opening prices Mon tday. Recelpts are only falr with de. mand good, but centered on strictly and all offerings of doubt- are slow sale even when discount. The market at 39 a dozen for firsts cases, and with the cold prevailing more liberal ship eek The white potato market shows lit tle change from last week, supplies be- ing ample for trade wants and general ovement fair, but centered on No. 1 well grad~d stock al 1.00 to 4.50 per {160 1bs.. and 1 3.00 for culls and No. 2 Careful grading | sa to bring top values as mixed No. 1 and No. 2 wust be sold as No. 2 stock at the lower values quoted. Market holds steady for sweet po tatoes. but easier on vams with de- ma centered on fancy dry stock which is the only kind that will bring top values of 4. 3.50 Larrel for the former, and 2.50 to for the latter. Culls and No. 2 stock of both sell mostly 2.00 and 2.00 barrel, with {bushel hampers bringing 75 to .00 1as to quality and condition i Native and nearby vegetables uve | holding steady under fairly active de n\anq \\H)x‘lt] stock showing qualit | meeting with ready sale at the fo tlowing quotations | Beets, 5.00 to 8.00 a hundred; car rots, 3.00 to 5.00- hundred: brussel i sprouts, 10 to 20 quart; kale, 40 and 30 bushel. and 1.50 to 2.00 barrel: ovster- iplants 6.00 to 8.00 hundred: parsnips 60 and 65 basket: spinach, 1.00 to 1.25 bushel, and 1.50 to 2.00 barrel: Savoy | cabbage, 50 to 75 bushel. and turnips. 35 and 40 basket. FLOUR PRICES LOWER. MINNEAPOLIS. Minn,, Janua (®).—Flour 10 cents lower at $9.30a .60 a barrel. Shipments, 44,510 bar- els. Bran, 26.50. Wheat, No. 1, north- 1.6613a1.6715: May. 1.63%; July offered lc at a ysed today weathe aver. is neces | “California ! 1i vour little one_is out-of-sorts, | won't play. seems sick, languid, not natural—suspect the bowels! A tea- |spoonful of delicious “California Fig Syrup” given any time sweetens the stomach and soon moves the sour fermentations, gases, poisons and in- digestible matter right out of the howels, and you have a well, playful sponse to an expand- | / Mother! Give Constipated Child EXCHANGE OF GERMAN SECURITIES SIMPLIFIED Hans Kruger and Banks to| Help Carry Out New Reval- uation Law. Dr. urni alex $3.000C. & P 1000, & P 50,500« apital 2000— ONDS. Telephon Tel. of Traction ty & Subur 10,000 —Georgetown Gas Lt 45,000-—Pot. Llec 20,000—Pot. Elee 1,000 —Pot. 2,000 W 31,000 A syndicate headed by the National City Bank of New York, with connec- | tions in 24 citles, has undertaken to | co-operate with the German govern- ment in carrying into effect the new German revaluation law in so far as it affects exchanges of German se- | curities held in this country | Phe arrangement wus effected by | | Dr. flans Kruger, as special Gernan {eomunissioner. For the present Le will ) handle only securities of the Gerian centrul government, although later he | prohably will take up the quesifon of Germun munictpal and state honds Under the valuation law, the secur- | itles now held in this cou to Ve sent to Germany and exchanged for pew issues. A preferential stutus is p those who have held wark loans tinnously , 1920, and ey alone should apply for e ze up e May 15, Those having the erential statns giten an o tunits to defermins by lot order thei over a pe CHICAGO GRAIN MARKET. Wheat in Shary Declines When Ex- Ist bs . Power 1st bs. .. | Power Cons. 08 . Alex. & Mt Ver. Ctfs Gas Light Gen'l Light 6s & 1le & Lle Parl STOCKS. shington 000 2.300- Wardman Fotel | on Com. ptd pid 86 )3 138 in v 1 i 10 Cormer District Ledera National Americar tional Bank Nat nk onal Punk B S—Continent: | port Business Lags. CHICAGO, January 23 —with ete absenc Jort business | vith speculative buying power at andstill _the marl fered a break of uhout ? cents time to Pressure of Al offerings abroad was reported to increasing, and some enlargement the amount of wheat on ocean sage was looked fc Accordingly seattered liquidating sales here proved sufficient to depress prices. but later were offset more or less by evidence of demand from millers for immediate deliv n. especially at 1 Wheat closed unsettled, % to lower: corn, ia tu i down, and vat {off a shade 10 1¢ 267 2.3 46—Merchants 421 Mergenthaler Linotype 1.030—Nationul Mtg. & Inv. pid ity shington of "ex wheat it one tine bhe of pas- | pir taleigh STEEL DEMAND SLOW. Trade Disappointed During Week in New *NEW YORK demand for Orcers. 23 UP).—Th eel during the post weel somewhat disappoin of the many optimi the close of the ola sales failed to tfons, productio | Automebile manut s buying freely, bu niinued to pre dict a big year. and wih good orcer: In sight from man cctions was nothing to indicate on; loss in business. Pig iron was and in some gnarters cusier Copper was & Januars c pradictions a year, lmt while to expecta ictive . s BALTIMORE LIVE STOCK. erion LTIMORE, Md.. Januar: With the exceptic ch are in mor iberal re il live cattle marker only modera rece zood demand prevail ng on the w gen under fairly of the cattle common to such is sl quote F quality cattle i with ready sale. Quotations today at| Light Street Whar. 1 i meets Beef cattle—First quality, pound. 9 10 10: common to medium, sund, & tot §: bulls, us to quality, pound. 4 to 6. Cows, choie to fancy, pound, 4 to & comnion to fair. pound. 2 to 3. Oxen, as to quality, pound 4 to 6. Milk co cholce to fancy. head, 30.00 to T commion to fair, head. 30.00 to Calves veal, choice, pound, crdinary to medium, pound. 1. pugh and common, pound, § small cul Pou . 8 to 10 Sheep—Choice, 6 to old pound, 4 to 3 common, pound to 2. Lambs. Spring. choice, pound, 16: to good, pound, 13 to 13: common. thin pound, 8 to 10. 1Togs—Straight, i rs | bucks, and The radio set has pound. 12 to 1 sows, pound, 8 to 10: stags and boars, i pound. 5 to T live pigs. pound. 14 VO’ 15; shoats. pound. 12 to 13. ! MONEY RATES EASIER NEW YORK. January 23 OP).- Money rates were easier durinz the week. presumably in reflection of the recent drastic reduction in brokers loans. Profit-taking halted the march of the British and Japanese toward ty, althouzh reached highest level ir vears The cabinet is in overlays. . 5.000 Color Standards Used. In making certain colored fa like rugzs, tapestries and similar mate rials, it is necessary to have a larze number ol color standards and rag dustry some mills have as 000 standar f work. The men in charge of ors and dves vt raftsmen and th most infinite patience in the aniline dyes used in color values for each i k) grains of dves in 1.000 =allons water materially changes the color 100 pounds of yarn M~ Just Doted on Sonatas. From Evershody s Marazine Dinner was a little late. A muest sked the hostess to play something. eating herself at the piano, the zood woman executed a nocturne with pre- | cision. She finished and there was still an interval of waiting to be bridged. ' In the grim silence she turned to an old gentleman or her right and said: | “Would you like a sonata before go- ing in to dinner> | He gave a start of surprise and! pléasure as he responded. brisk “Why, yes, thanks. I had a couple | on my way here, but I could stand an- other’ the co! vell as have to h.ve al woriins woth etting the fer of of | Hair bracelets and hair rings. once | 50 popular. are returning to favor, | now that women, after being shingled. | have so much hair to spare. f PLEASANT LAXATIVE | For Sick, Bilious Children Fig Syrup” child again. | Millions of mothers depend upon | this gentle, harmless laxative. It never cramps or overacts. Sav “Cal- ifornia” to your druggist and avoid counterfeits. Insist upon genuine “California Fig Syrup,” which has di- rections for. babies and children of all ages plainly printed on bottle | “The Busy Corner” |THE YEAR 1926 TO DATE ON THE WASH- INGTON STOCK EXCHANGE. hed by W. B. Hibbs & Co. Up to and Including Saturd: Gen. & Ref Ga. mat B !the week. 1 You Can See the New Orthophonie Victor-Radiola at Kann’s The Price Is $350 I'he Victor Company and the Radio Corporation have achieved decided triumph in this Victor-Radiola—the world's best in phonog radio installed in one instrument. be tuned with one hand. Size 3317 inches high. 35V inches wide. and 231 inches decp The January Clearance Now Offers— Free-Westinghouse Electric Sewing Machines Console. Consolette and Desk Models That Are Marred or Have Been Used as Demonstrators Offered at a Flat— Gray Goods Active—More Interes in Woolens YORK guods | irmer today. due to a sharp rise i cotton. Further buying of gray goo timulated. New goods dregs wear attracted attention of Burlap markets cried somewhuat continued purchasing Steadier and fir woel {and the approach of openings ¥all season tended to heighten in est in wool goods Mnes making specialties are running hile others harely maint | past levels of output. Liner inte linens. cially CHICAGO LIV STCTY *TATIET CHICA T Hog tr. ing ! mark NEW | ton January 23, 1926 January 23 (). —Cot Open. High Wots 1001, e 98y markets were some Close. 100 w1 100 96 00 1y 100 a8 finishes on = . 1o 96 1007 1001 for wash wer s abro: stead frregular here very freely but er ni 1023 Some 2 e 0 nd genen ) shown ik goods inted lnes % | 1091, 1081 hi pher tc tion in t Ticht . unde Lght. under enl best point vas of of p iy with trade at the Ceek Cattle trade Sorac ) sales nearly ste: general little ste a week closed trade v with a W 30 down. wh decreased TH to 3.00 to 15.25 Prime lamb Feeders we 1.00. RAW SUGAR ADVANCES. NEW YORK. January 23 (@ firmer tone developed in the ugar marlet today. While prices remazined unchanged at for Cuben, paid. later s meuts were es reporte | included 21.000" bags Philippine due next week, at 4 70,000 bu of Philippines, for February shir during | Ment. at 4.25, and_ 5.000 bags o > Porto Ricos. du€ Februa 135 he merger |, 73 New York | . Power Associa formation of the Corporatior Wednesday. The r and Light Co. 1n to acquire tk 1 Pow Co., e GREAT STRIDES MADE IN UTILITY MERGERS YORK. I NEW an prop £ the power corporation o and the 2 inglan on, through the rtheastern Power announ: esstern Pov FEDERAL LAND BANK BONDS NEW YORK. January @ i 105 i85, 3004 1005 public its Railway a Power majorit Gas und aph five tubes. uses indoor or outdoor antenna and ca: Spanish style. finished in mahogany. with maple Fourth Floor . $30.00 Reduction —Free-Westinghouse Sewing Machines are made in period. colonial and modern de- signs Exquisitely finished in American or Huguenot Walnut, Mahogany or Mission Oak. Tllustrated are a few of the ways in which they may be used to add to the attractiveness oi your home! Here are 12 reasons why you should own one of these fine sewing machines. Electric light 8. Easier to clean 9. Revolving spool pin 10. Easy-to-wind bobbin Ll. Toggle link take-up 12. More space when seated 1. More sewing space 2. Inclosed drawers 3. Unusual designs t. Patented knee trol Extending leaf. 6. Extra large head con- 50 —This sale brings you the opportunity of securing one of these fine machines at a saving of $30.00. And you may make your purchase on our $2.00 Down and Convenient Payment Plan If You Wish! Fourth Floor. Penn. 4ve. 8th and D