Evening Star Newspaper, November 29, 1927, Page 13

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BIG FORD MARKET OCCURS ON CURB Speculators Ignore Every- thing Unfavorable in News and Prices Advance. BY WILLIAM F. HEFFERNAN. Bpecial Dispatch to The Star. NEW YORK, November eurb market following v : excited trading, which established a record in the number of jssues dealt in, gave another ‘convincing demon &tration today of its underiving &trength. So great w he volume of business that at intervals the ticker was as much as tan minutes behind In recording actual nsactions. The speculative slement practically gnored everything that was unfavor. able, even to the extent of passing over lightly the 1 per cent advance n the call loan renewal rate, which brought it to the highest since Octo- ber 6. Ford Incident Factor. That the Ford incident was chief factor in the calculations was evident by the action of stocks which are in a position to lenefit through resumption of Ford opera- Tt was typically a Ford mar Ford Motor of (‘anada, the only Ford issue with a market on any of the ex, jumped sersationally for_an of points 00, it came off from the re was ljttie or no doubt of the snccess of the Ford Co.'s new under- takings, at least the Wall Street view. Trico <. selling ound 30, was heavily bought. As & motor accessory issue it was thought to be entitled to sell at eight- time earnings whereas present prices are five times what is expected to be earned on the common in the full year. C. G. Spring & Rumper sold at a Bew high for the year following de- claration of the regular quarterly dividend. Reo Motor, however, was an exception to the general tendency and felt the effect of profit taking despite declaration of another extra dividend of 2 per cent in cash along with the regular quarterly 2 per cent. Bohm Aluminum & Brass reached Its best price at 31. Maryland Casualty went forward move than 5 points to a new top, and Atlas Pl wood was in demand around its best. In the case of Atlas Plywood it was reported that the company had been successful in obtaining Canadian patent claims on its product follow- Ing allowance of similar claims re- cently by, the United States. Firestone Tire Rises. Firestone Tire, of which Ford is the largest customer, rose 10 points to a new high record, and rumors were current of highly favorable dividend action at the coming meeting. American Rolling Mills' strength was coincident with the announce- ment that the company had pooled ®ome of its patents with the United Engineering & Foundry Co., which will result in the formation of a new patent company. No new developments in the merger Negotiations between the Washington traction companies were forthcoming to account for the rise of 25 points in Washington Railway & Electric, which earried the price to a new high record. York Curb Ex- change seat at $55.000 today estab- lished the highest price in history and represented a gain of $10,000-between sales. Baltimore Markets BALTIMORE, November 20.—White potatoes, 100 pounds, 1.00a1.75; bar- rel, 1.50a3.00. Sweet potatoes, barrel, 1.5002.00. Yams, barrel, 2.50a3.00. Brans, bushel, 1.25a1 Beets, 100, 3.00a4.00. Brussels sprouts, quart, 10a15. Cabbage, 100, 2.00a4.00. Cauli- flower, crate, 1.75a3.00. Carrots, 100. 2.0024.00. Celery, crate, 1.25a200. Kale, bushel, 25a30. Lettuce, hamper, 1.5022.00. Onions. 100 pounds, 1.00a 1.75. Peppers, crate, 1.50a2.50. Pump- kins, 100, 10.00a20.00. Parsnips, bas- Ket, 40a50. Savoy cabbage, bushel, 25a 5. Spinach, bushel, 35a85. Tomatoes, crate, 2.50a5.00. Turnips, basket, 20a25. Apples, hushel, 1.00a2.50; 2.50a6.00. Cranberries, hox, Grapefruit, box, 3.50a4. a6.00. Tangerines, bar! 50a4. Oranges, half box, 2.50a3.50. Hay and Grain Prices. Wheat. 0. 2 red Winter, 1.3613; No. 3 red Winter, export, 1.3315; 2 2 red Winter, garlicky, export, 1 : No. 3 red Winter, gar- licky, export, 1.3315. Corn—No. 2 vellow 1.01: cob corn, old, 4.90: nominal. export, domestic, old, .00 per barrel, 59152 12259, 2 white, domestic ite. domestic, 5! earby, 90a1.00. Receipts, tons. New hay is arriving in only limited quantity. It 1=, therefore, not being officially graded and sells strictly on its merits, with- fn range of 14.00a16.00 ton; timothy and clover grades. Straw—No. 1 wheat. 10.00a14.00 per ton; No. 2 oat, 13.00a14.00. Dairy Farm Products. Paultry, alive—Turkeys, pound, 38a 40; old, 35; poor and crooked breasts, oung chickens, 2 Leghorns, poor and thin, old hens, Leghorns, 16a17; old roosters, geese, 20a 25; small and poor, 17al18: pigeons, pair, 20a30 guinea fowls, each, 4 Dressed poultry- 3Rad0; old, 35 poor breasts, 25; young. chic and mixed. 20a25; old ducks, 24a28: geese, 20al. ’ Eggs—Receipts, 663 cases native and nearby current receipts in free cases, dozen, 45; strictly fresh, dozen, 47a48. Bufter—G urkeys, pound, and _crooked ens old psters, 15a16 5426 prints, 52 35; rolls, CHICAGO LIVE STOCK MARKET CHICAGO, November 29 (#) (U, §. Department of Agriculture),—Hogs— Receipts, 55,000 h ooy than vesterday's hogs 210 pounds down the decline weights 170 pounds, 25 to 50 lowe packing sows, 25 to 40 off: top, strictiy -« heavy butchers he higher: desirable 210 to 300 pounds ave 8.8519:23: 160 to 200 pounds, X.3 140 t 7.50a8 50, packing weights, £.70. Cattle—Receipts, 13,000 head; most Killing cla ady to strong; stock- s and feeders fully steady; vealers 5 to 50 higher: fat fed steers predomi- #ating; demand active on kinds of ®alue to sell at 1250 downward pighly finished offerings scarce: 18.75 aid for long fed 1575-pound aver : 15.00: bulk stockers weighty sau- ge bulls, 7.35 t kinds, 6.00a 6. mostly: v 12.50a1 most 13.00a18.50 to bix packers. Sheep—Receipts, 21,000 head: fat Jambs active; 15 to 25 higher: quality considered; bulk hetter grade wooled lambs, 14.00a14.25; cholce handy- weight held around 14.50; heavy lambs, 13.60a13.85; culls and common natives, 10.50a11.50; sheep steady; fat ewes, 6.2526.75; feeding lambs unchanged; comebacks, 13.00a13.75. S and feeders. the | ~THE EVENING STAR, WASHINGTON, NEW,YORK CURB MARKET . Received by Private Wire Direct te The Star Office Following is the list of bonds and stocks traded in on the New York Curb Market today Sales INDUSTRIALS. in hundreds. igh. 1Ala Gt South... 188 11, Ala Gt South pfd 187 E =5 o3 ERt iy 358 FER Ravon Prod Rolling M Sol & C vie S&Coptd Superpow A Superpow B Super 1 pfd 091 1. & Pow nfd 10815 # Awso Gas & FI.. . Atlas Plywood Rancitaly Carn rnedall_deb s« E W n Shoes Tne 25" R R 53 Bohn Alum. . 4 Borden Co.. . 1Brll Corp’ A 2 Brill Corp B. 1 Brit-Am Tob’Cou 1 Bway D St 1 pfd 1 i Budd_Mfx 8 Buf N 3 Bullar 1 Butler Bros 40 Can Marcom W . terpil ‘Tra “ent Pip Cor. . ent _Pub S Spe_& Bum M &SP W P ¥ i a S P&L 65 Dl ih Alum Uten Graph rets with Ed. Dairy 2 Consol Dairy n Ralt n “onsol Laund 5 < 2 Durh Dup ol i D7 o A vie 1, Bact Dairies Tnc. i E 4EI wt Sta Pow B 5l B & Sh n Cor 10 El Invest Inc... 3 El P&L optl war 11 El PEL 2 pfd A. Em Pow Cor n.. 4 Etex Well Co 1E IF Ltd 253 #3338 886530580 PriTe TR e - - R b | Py & 2 2 Firestone Tire . 190 Flor Pow 7apt 10814 Ford Mot Co Can 700 Foundation ‘Fo A ' Rl P P a_. e FRE B E S ooy 3 aee o Gen Bak A . 38 Gen Bak B 4 Gen Bronze wi 1 Gen Fireorfz 2 Gen lce Cream . 1 Gen Laund Macl 1y Gen Pu S pf. Georgia Pow pf. 3 Glen Alden Coal old Seal EI and Stores AePTCI Greenf Ta & Di appiness C St azeltine Corp. ersh Choc 1 wi ersh oc pid ersh Choe p'pt ood Rub s1s” DD D Mmels Sk D o Om R B0S T S AR S SRR DI DR AR I BB B RS DD T TR et i~ err ey 1 ST DB B0 0 SRS DB RE DB D10 INHOOD! P g - i e o A B o 2 3 l = > FEEEEE B FEE AL bt Do D G 0B e B S BN DS T PR & Fer e ik 3 23 5 Huslers pi wi 3 Hygr 3 Ind Ray Cor ‘Al 1Insur Co N' A 5Intern Util A @ Intern Util B 116 Johns-Many 23y Krocer 6 & Leh Pow n.... 8Lib Ow Sh &l 4 Maryl 1 Marvel Carb. -4 A ey ¥ o e D T ey e LA et C e May Drug Store. May_Hosiery pfd Mead Johnson. . S aa = 3oz e 222258 AR e SRS FHE -_ suZsts 24828z, 2l W =3 oriziom Samasicen e e 250D camisDiam o S-EREZEREERNE ! S i i i Ll i S S N ) PR SRR R ST, rk 2 Para 1 Pender D' Groe a 33 % Penny 104 O E 6s ptd 517 pfd 107 % WPCn.. 68 104 FEFE FRESERE F SRR ESEEERRLBREE3 355G SERS 2 Philip Morria” . 4 Pigzly Wiggly . 1, Prudence Co pfd; 1 L Pug S P &Lpfd 3 Pug 8 P& Lppllok 1 Real, Awen Blivn. 300 20 Remington Armi %, Richman Bro 4 Rich Rad ... 1 Rolls Royes ‘pfd Js Steway _ Storen 18 Sceman’ Brox 1Selfr Prov Stores 20 Serv EI Corp... . 9S"El € n vte wi 3y Sherwin ‘Wis Co % Sieherling R C. iSou Cal E B p 21 Sou P & 3%on P & iSu P & 580 P & 3 Souw P & 34 SRS e Sparks Withing St Reg Pap . iStand Com Tor A Stand GE rts wi 12 Stand Pow & Lt iStand Pub € A 11, Stand Sanit Mfic1 e A I S FAFERENE —2555 FEFREE Todd Shin, Trumbull Sif. 2 Truscon Sl 215 Tub A & B Vic: 4 1 Tung Sol Lamp A 10 Uni* Biscuit “A e Ama. . i Bis Ama pld 1107 G lmpC. . 110 L &PaAl i Pt Shar FREFLRS g Shar op way Bros & ! nid. 1034 2 Wms 0-0-M Heal 8% MINING STOCKS, ndreds. AmC M &M 10 Anglo Chil € N R Cons Cop_ Mine 2 Cresson Gold . . 11 Eng Gld M_Ltd 50 Eureka Croesus. . | 10 Flor Goldfield M. # Golden Center M. 3 10 Golden State E 30 Hawthorne M 1 3 Hecla, Min 2 Min Co Can 3 New Cornelia . Ralem in b 5 Wenden Cop 60 West End Conol INDEPENDENT Sales 1n OIL STOCKS. YR Am Con Oilfids. .90 Maracaibo C 5 N 06y i i LOR > 5 bl B @ Columbis Svnd. . 28 Creale Synd 0 0 Hous Gulf 3 Intercont Pet 7 Kirhy Pet R Sales STANDARD OIL ISSUES. in units. 100 Atl Tobos ... 2 100 Buckeye P L. BR& 100 Chesebrongh Mf 17 2100 Contl OIL 0. .... 100 Eureka P L. 10 Gal S0 pfd 1000 Humble Oil 400T0 P T..... 400 Tmp 0 Can 'n... 100Ind P L...... 2600 Inter Pet € Tid. 500 Nat Tr. 5 &R _66Y L 181 )0 Prairie P L 42008 0 Ind. . 3008 0 Ohio n.. 2600 Vacuum Ol Sales RO in thousands. 1 Allied Pk fs ... 2 Allied Pk Rn.0 0 3R Alum_Co Am’ 53101 % Am Gas & E) 6s 108 Am Pow & Lt 21077 Am Roll ‘Mill 6= 106 3 Am Seating 8s.. 103 Am Thread C 62 101% Anaconda s A.. 1013 Avbpal El Pow ba 081y P & L 08 ClE A C RA 05 Cons G_Balt 6s A 107 % ons Pub_ B%s 977 Contl OIl Biea:. Cudahy 5138 5Det Cis G Det Intl 3 Det_Intl %s 3 El Refrig 8:. 00 0 & R 5% T&R _Be Atinean P 5. 9 atinean Pow 8103 en Laun M 6158 10 boreia Pow 5. 9014 T&R ( Guif Ol P Guit 0P Hood Rub Hood Rub A1; Hvgrade F 8e wi 1334 3Ind Oil & Gas s 0514 Indian_P&L, Bbs A 1001 G 8e.. 124 Inter N'G 68 ww 101 Inl Match s 'wi 81 26 Inv Corn Am 5s 87 Invest Equity.. 104 5 Keme & Millh 64 158% Kop G & Coke 8x 9910 Laclede Gas h158 10115 Lehigh Pow 6 A 105 Lib MeN & T, 8¢ 981% Lone Star Gas 58101 anitoba P 58 A 103% 8 Midwest G 7s A 9070 Mont Pow Bs A, 10013 MLHE&P hila Rap Tr s uburh 4738 b 4ls 0 PEhillips _Pe Potero Potomac Servel Del 6 Servel Del alte R Bat ilte R E_ 68 X 90 awsheen 7e... 98 W& 4las'A N ubert Thea 68 96 % L1087 110215 52103 % 5 South Dairies 68 i 5 Southe P&L. 6s. 106 % hw G&E 58 A 9714 1Sthw Pl 6e X 10845 3 s 1001 017 ARy 9 Youngs 58 A Sales in FOREIGN BONDS. thousands, 1 Adriatic Elec 7s.. 10 Ag Mor Ba 7s 46 5 Ag Mor Ba 78’47 1 Baden 78 ...... 91 Batavia Pet 41,8 84 Brazil 6128 '57.. A -y 24 Buenos A 7lgs. 3 Burm & Wain 6 15 Danish Cons 8% Bogota 78. or B Chile 8% Muni Medellin Re 10 Netherland gs ‘B 30 Nuremberg 6s.. ¢ 1 Ber e 7 Rio Gran 5Rus Govt 1Santa Fe City 43 Serbe DULUTH, Minn.,, Novembher 29 (Special).—Sixty-eight tracts of State- owned timber land brought $20,000 above the appraised valuations at the recent auctions. The timber was sold for $290.666, with the International Lumber Co. the bidder for the largest number of trac ATLANTA. paid nearly $1.000,000 in tax in the last month on gasoline. The returns from the gas- oline tax this vear will he more than $8.500,000, all of which will go for per- manent highway construction. AKRON.—Prospects for higher prices are brightening sentiment here. Frank A. Seiberling, president of the Seiberling Rubber Co., predicts an ad- vance is not far off. BOSTON.—The feature of the wool market here is the resistance to de- mands for price cuts from heavy con sumers. Stocks are relatively small and recent transactions in Texas and territory wools have fixed the market. PORTLAND.. the Oregon, Wa erop rem: About 75 per cent of hington and Idaho ns to be sold at Christmas and New Year, It is esti mated about 20 ¢ will be shipped out of the State from southern Ore- gon alone. MIDLAND STEEL PRODUCTS. NEW YORK, November 29 (#).— Earnings of Midland Steel Products Co. for the first nine months of 1927 were $1,929,205 after all charge: X capt Federal taxes and profit sharing, compared with $2,012,107 in the corre- sponding 1926 period. The decline =3 - L e o Mexico Ohio. [l unt’ Prod. [ at Fuel Gas n. aw Mex Land. N Y oil Pandem 0il 7 Pantepec O it Reiter-Foster 041 hfield Ol Cal it Ck Cons s S ey oo s 13 2 B FREFIRTRS FSRES e RIS Lo P T S EE FEEER from last year of only 4 per cent rep- resents a favorable showing for the company, in view of the fact that its former largest customer of automobile frames has not been in production since last Spring. said E. J. Kulas, president. Farnings for the third quarter were $583,847, against §547,419 a year ago. . ‘When in operation Germany's glant airfixation plant, the Leunawerke, will produce 60 tons of synthetic menthol daily, STO0K INTERESTS | I BITER FIGHT Congress to Be Scene of Cat- tle Industries Factions’ Battle on Buying. BY C. ROYL Special Dispatch to The Star. NEW YORK, November 29.—The various factions of the live stock and packing industries, always embroiled 1o a certain degree, have begun lay- ing down a barrage in preparation for a bitter fight centering in Congress. This year the battle will involve the direct buying of live stock. The ques- tion has thousands o partisans on both sides. Senator Arthur Capper has just an- nounced he will introduce a bill in Congress designed to put out of bus| ness stockyards serving a single pro- ducer of packing house products. This would cut off some of the direct mar- kets the live stock man has for his an- nouncements and force dealing through commission men in the large central markets. The opposition o d rect buying is aimed at the large pacl er who can have a private stockyard to handle animals purchased direct from the farmer. Fight Commission Men. Many of the Western producers op- pose bitterly the effort to force them to leave part of their returns in the hands of commission men, They claim it is more profitable for them to deal direct and avoid long freight hauls to central markets, with consequent deterioration in condition of animals. Intelligent some of them say, see in the packer a sales agent and feel it would be just as foolish to abandon him as for an automobils manufac- turer to antagonize dealers. William M. Jardine, Secretary of Agriculture, says direct buying has renched such a stage that it threat- ens to affect materially the price paid for live stock and that something must be done if the stock grower is to ob- tain the full benefits of competition at the stockyards under Federal su- pervision. Advocates of direct buying say that since slive stock prices are broadcast to them seven times a day by radio, the farmer does not stand any more chance of being cheated on price in his own bharnyard than in the central stockyards. Central Yard Shipments Wane. The fact remains that shipments of cattle and hogs to central yards are waning. Small independent packing plants have sprung up in cities and towns close to the sources of produc- tion. The one thing essential in the packing industry is for plants to run continuously and the large packers have had to go out, they say, and buy direct in order to supplement their supplies arriving at central markets. The great packing centers have heen hit especially hard this year. The volume of hog shipments has fallen off materially. Usually the packers buy hogs heavily in Winter when prices for hogs are usually high. pricest or hogs are usually high. There was a_reversal of trend this year, with high prices last Winter and'a slump last Spring and Summer. This has disorganized packers' prof- its. The withholding of hog ship- ments hag been due in part to the belief of farmers that corn for feed- ing hogs would be in small supply and high in price. The corn crop was larger than anticipated, but the farmers then did not have the animals to feed. Cuts Into Pay Rolls. ‘The drop in hog shipments has cut deep into pay rolls of the big market- ing centers. The larger part of pack- ing house labor is occupied in the han- dling of pork products. There is not much lahor required in the butchering of a steer, since the animal is killed, skinned and cut in half. With a hog, the butchering of the animal leads to production of lard, smoked and pickled meats and a score of other products. The supplies of cattle also have been light despite the high prices. The sheep and lamb trade has been fairly normal this year, but warm weather has held back the usual sea- sonal demand for pork products in late weeks. The outlook in the packing indus- try is for a normal vear in 1928. The settlement of the price war with the English packers should result in im- proved foreign trade conditions. STEEL TURNOVER QUICK IN THE CHICAGO DISTRICT Iron Merchants Renew Their Stock 83 Times a Year, Dollar Cen- sus Survey Shows. By the Assoclated Press, CHICAGO, November 29.—Steel trading in Chicago has a quicker turnover than cigars and cigarettes and even bakery goods, the Dollar cen- sus of the Chicago industrial survey disclosed today. The steel merchant renews his stock 33 times a year, the survey found, twice as often as are stocks of bakery good, cigars and cigarettes. 1t is 10 times harder for a tailor to sell a custom-made suit or an under- taker to sell a casket than it is for a steel salesman to sell an invoice of steel, the survey revealed. The steel industry in Chicago does an annual business of $231978,900, 5 per cent of the $5,000,000 total. The average steel salesman sells about $600,000 annually, compared with the jewelry salesman, who sells $68.000, or a sporting goods drummer, who sells $58,000. SILVER QUOTATIONS. NEW YORK, November 29 (#). Bar silver, 577 D. C, TUESDAY, NOVEMBER 29, 1927. BOTTLE STOPPER MERGER INJUNCTION IS SOUGHT Special Dispatch to The Star. BALTIMORE, November 29.—Stock- holders of the Crown Cork & Seal Co. of Baltimore, the largest bottle stopper manufacturers In the world, yesterday voted 8,200 shares in favor of the sale of the assets of the com- pany at a price which will work out about $277 a share to the New York Improved Patents Corporation. Luther M. R. Willis and Francis T. Homer, stockholders, have filed a bill in the Circuit Court for an injunction restraining the directors from selling assets of the company, which would result in merger with the New Process Cork Co. An order requiring defendants to show cause by December 12 why the requested injunction should not be granted was signed. COPPER IMPORTS. NEW YORK, November 29 (F).— Imports of refined copper into_the United States in October were 3,043 metric tons of 2240 pounds each, against 2,280 tons in September, the American’ Burean of Metal Statistics Treports. Iixports of refined copper from the United States totaled 37.- 241 metric tons against 41,185 tons in September. FORD-OF-CANADA STOCK ADVA™"ES $65 A SHARE Accumulation Stimulated by Ex- pectations of Large Earnings on the New Automobile. By the Associated Press. NEW YORK, November 29 (#).— Common stock of the Ford Motor Car Co. of Canada, the only enterprise of Henry Ford in which the outside pub- lic now has an interest, opened on the New York Curb Market today with a block of 180 shares at $700 a share, an overnight gain of $ The stock had sold as low as $393 a share earlier in the year. Recent accumulation of the stock, which ordinarily changes hands in lots of 10 to 25 shares, has been stimulated by expectations of large earnings through the sale of the new Ford car, which being placed on the market this week. Yesterday 600 shares changed hands between 601 and 635, the top and final price representing a net gain of $45. Earlier in the Sum- mer weekly transactions in the issue ranged from 200 to 1,000 shares. Following a raid by 40 tax collectors and policemen on the offices and homes of officers of a large manufacturing soncern at Melbourne, Australia, suits involving $2,500,000 have been insti- tuted charging attempts to dodge the income tax. " 18 W., B. & A. BOND BUYING CONTINUES IN VOLUME Special Dispatch to The Star. BALTIMORE, November 29.—Ab- sorption of the 5 per cent bonds of the Washington, Baltimore & Annapolis Electric. Railroad continues in heavy volume, 67,000 bonds selling yesterday at 92'3. This persistent buving has mystified the financial district. It is reported that the bonds are being acquired by banking interests identified with the property prelimi- nary to retiring them and segregating the power and railway branches of the company. In that event the power end would g0 to the Consolidated Gas Electric Light & Power Co.. which now con- trols the Washington, Baltimore & Annapolis Railway through a subsid- while the railroad would prob- v be taken over by another com- pany engaged in the transportation fleld. WESTERN PACIFIC. NEW YORK, November 20 (#).— October net operating income of the | Western Pacific rose to 5706691, |from $671,316 in October, 1326, but for 10 months of 1927 showed a drop to $2,140.731, from $3,853.944 in the ma period last year. October gross enues jumped to $2.151,965, from $1.875.026, a year ago. can I trade-in my present car for a new car?” HEN you are ready to trade-in your present car for a new car, you naturally want full value for your present car. But most of all you want full new car value. Remember these basic facts: 1 Your present car has only one fundamental basis of value: i.e., what the dealer who accepts it in trade can get for it in the used car market. 2 It has seemingly different values because competitive deal- ers are bidding to sell you a new car. 3 The largest -allowance offered is not necessarily the best deal for you. Sometimes it is; sometimes it is not. A. C. L. EARNINGS DROP. October Statement Shows Decline From Same Period in 1928, WILMINGTON, N. C',, November 29 (®).—Declines in railway operating revenue, hoth gross and net, as com- pared with 1926, were shown again in October by the Atlantic Coast Line | Railway, the monthly statement given out today shows. Railway operating revenues for the month were $5,963,- 858, as compared with $7.318.237 for the same month in 1926, and net oper- ating revenue was $354.637 as com- pared with. $1.040.592 in October, 1921 For the first 10 months of 1927 rail- way operating revenues were $67.496,- 167, as compared with $81,105,097 for the same period last year, and net radl- way operating income was $9,064,637, as compared with $14,593,576. PRICES ON PARIS BOURSE. PARIS, November 29 (#).—Prices moved irregularly on the Bourse to- day. Three per cent rentes, 57 francs 50 centimes; exchange on London, 124 francs 21, centimes; § per cent loan, 75 francs 45 centimes. The dollar was quoted at 25 francs 42 centimes. “FRIGIDAIRE” EXPORTS. NEW YORK, November 29 (P).— Europe offers an unlimited field for electric refrigeration and the outlook was never hetter, said E. G. Biechler, president and general manager of Frigidaire Corporation. subsidiary of General Motors, on his return from abroad. “Our European husiness this year will he twice that of 1926, and it the current trend of foreign sales is any in ion, we should double this year's export business in 1928. Equal- iy significant is the increase in time- payment sales in Europe, and business on this hasis appears to be gaining more favor. EQUIPMENT ORDERS. NEW YORK, November 29 (#).— \v Age reports equipment orders for November consisting of 17 loco- motives, 14 freight cars and 12 pas- senger cars, in contrast to 218 loco- freight cars and 136 passenger in the same month last year. The only export orders were 114 freight cars. (RN NR AR AR R AR RR RN BURNISHINE POLISHES ALL 4 An excessive allowance may mean that you are paying an excessive price for the new car in comparison with its real value. 5 First judge the merits of the new car in comparison with its price, including all delivery and finance charges. Then weigh any difference in allowance offered on your present car. 6 Remember that you are making a purchase—not a sale. You are simply using your present car as a credit against buying a new car and the new car’s purchase price. GENERAL MOTORS “A car for every purse and purpose” CHEVROLET * PONTIAC . OLDSMOBILE - OAKLAND FISHER BODIES - GENERAL MOTORS TRUCKS YELLOW CABS AND COACHES

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