Evening Star Newspaper, September 19, 1928, Page 13

" NEWHEHS SET ON CLRB EXCHANGE Rumor Linking Royal Baking in Deal Brings 25-Point Gain. #pecial Dispatch to The Star. NEW YORK, September 19.—Despite irregularity in many directions, new high records were again marked up today in the Curb Market in the fssues | selected for leadership. Royal Baking Powder was a feature, advancing 25 points to 285, only to lose all the imorovement later. Its activity revived rumors that the com- pany Is likely to play a prominent part in the negotiations of tum Co. for acquisition of new properties. Safeway Stores at 695 recorded a new high for & gnin of 13 points. Buying was based on the expected acquisition of an addi- tional Western chain. Crocker-Wheeler at a new high of 110 compared with the previous final of 97. Because of the gossip concern- ing"a possible merger of Baldwin Loco- motive and Westinghouse Electric, it was thought that this company might be included in the deal. British Interests Active. Speculative activity again centered in | 8 number of stocks in which British | interests are known to be affiliated. Marconi Wireless of London, class B, went to a new high, and Marconi Co. of Canada showed a gain. Rumors that both companies were to figure in the fi‘gnnflc merger now being worked out London was the basis for the demand. Another favorite was the low= priced Intercontinent Petroleum. New high records were reached by Piggly Wiggly, up almost 2 points; Grant Motors, up more than a point, and Bristol-Myers. up almost 4 points. notwithstanding that it was selling ex the $1 quarterly dividend. Raybestos went into new high ground, responding with a rise of more than 4 points to feports of large incoming orders. harp upward movements in specialty favorites were recorded during the early curb trading. Royal Baking Powder shares took a sudden jump to 285. It was reported that this company is incluced in the Postum Co. negotiations for acquisition of new propertics, but there has neen nothing official to verify these ~umors. Durant Motors crossing 16'; reached a new high for the year on a heavy turnover and Raybestos, responding to re| of new contracts, moved forward 2 points further to a fresh top. The up- ward movement kept on in Safeway Stores and Piggly Wiggly went in to new high ground sbove 42 United States Gypsum gained almost 2 points, It was announced ‘hat the company plans to erect a $1,250,000 plant in Philadelphia. Chicago Produce CHICAGO, September 19 (#).—But- ter—Lower; receipts, 5,974 tubs; cream- ery extras, 46; standards, 45, extra firsts, 45a45'7; firsts, 43a44; seconds, 41242 g Eggs — Unchanged; 4,386 eases. Poultry—Alive, weak; receipts, 6 cars; fowls, 18a26: Springs, 27!2: roosters, 13; Spring ducks, 24; geese, 21. DIVIDENTS. 5 Resular. Pe- Pay- Hidrs. of Rate.:0d. avle. récord. receipts, ¢ v gi.w i Prusa mpire Trust ¥in & Ina Sec 23 B2 i ELF LEREERESE rrf‘fgagrr R555% howe- souna DD, r . Print . I 6_Di 3nt_P.oj i §5323 New urleans Fubli service pI .. Nipissing Maines Co Pewment Mining EERERRE! PR R R 2 N £ol ceceoececSeceCllecen £LCD CLLLCELELELHED| D £CLOEE 2 H EssEsseLssy BeESas ] = z 2 Can Dredge & Dk ¥in & Ind Sec .. Market Trace St Bk (Chicago) PREELEY §R88ss RSN AN & Can Dredge & Dk Gannon_ Mills T Gemoie Robins ot .. Heyden ' Chem pi. Keliy-Koett M{x Mar Steam Shov Bec Co. ol N H B 1%% Q Oct. 12i:c Q Qct. b 8o Suiety Co'.'>1 . 4dc — Oct. Tasgart Corp §i pr.¥1.75 @ Oct. Stock. Hupp Motor Car..2'3% Stk Nov. Penn-Ohio ELdison....2% Stk Nov. Increase. ....62%2¢ @ Sep. 29 Interim. Bucdish Match, A West Mass T Omitted. New Eng Fuel Oil..25c Q Due Oct. 1 Omitted STOCKS EX-DIVIDEND TODAY. 88! Milling” teel Co Auburn Aute Co... Barcelona Tr Lt & P 7% part STl 3 Bell 'l'!ron of Pa 6.7 pof....1 Bristol-Myers Co aeep Central Aguirre Sugar " Chicaso “Title & Trust u 00F000Z0nO0000 RSRRSERER £ 3 BB e85 =B QREEE200200000808000000082200009 Bupply Co (Del) Cot 2 B 5. Briarara BB o bad b didatnd i dos. Naumkeag Stm Cotton Niies-Bement-Pond ot um' ‘Girc. ‘ine. b Bteel Co pr pf Bretr L Whitnes Bt ra ney Regal Shoe. Co bi.. m A Stana Mng Do Flour Mills g ! Corp Simmons Co ... arks-Withingion njon ‘Twist Drili . BEBBw-S, o Walworth Go of p Weston Elec Instri €1'A 0005000000000 Imaninary Conversations. ‘Mother—That, Johnny, is a picture of aven. Johnny—Well, where's the protective Dispateh, | tariff?—St. Louis Post i _ NEW YORK CURB MARKET Received by Private Wire Direct to The Star Ofice 28witt & Co . wiss Am El pf 1Tenn Prod ... 1 Thomp Prod A "'l 65 Timken Det Axle .. 30 Tishman Réalt 4 1Todd Ship . 11 Toddy vic B i, Torrington Co_ xd.. scop Alr Trep.. 23 ot .. Following i s list of stocks and| bonds traded in on the new York Curb Market today: Sales in hundreds. iol 13 Tubt A 14 Tung Sol Lamp . 7Tung Sol L A 23 Uni 5Uni Ci 34 Unt 419 Uni Lt & 2Unl ’!:fl"( Dye Wiki. . ta:2 111, hi_Pisce Dye Wi 1 pig: 1031 i U d 2141 T panm Tosum ta =33 anmennn’ -y ELELE] Z2acooaaacacaac: = Am_Thread pf 13 Anchor Cap i .. & Anchor Cap ofd wi 1 Amaterdam Trad . 1§ Anelo-Chil’ Nitra w1530 mswa s EEPPREEE LI it e o o essing er Hill . riz_Globe Cop. Ty Strs e W .. - Tol Brit-Celanese Bklvn City R R ... 13 Utah Apex 11 Wenton Gop |8 Toc! ales INDEPENDENT OIL STOCKS. in hundreds. A 0 Coi Graph 20'Am Con Oilfids. .7 3 Columbia Am Maracaibo Go X 1% Cons Auto arib Synd ... 1ties Serv 2 . Gun 1, Curtis Pub . 119 77 Curtiss Rl Inc wi.. 18% 9] Qurt Aern Pmt rts wi 107 7 1 East 126 I Bond_ & 1E B & &n Co 3} Em Pox Eor MEAES . 1 Evans Wall L 1% Falardo Sue Co teel Prod 1 Venezuvelar Pet . 1 Woodley Pet xd. 1 TANDARD OIL 1SSUES AND MER smmumgs-s‘l%cxu.’ 18% | 3 Salss in Unite. FOI 900 Anglo Am Oil 00 Atl 3 s 400 N © 200 Ohio Oil... 100 Penn Mex Fuel. ¢c 00 33008 O Ind.. 2008 O Kansas. 300 1008 O Ohil 2700 Vacuum in Sidihane s, % Abitibi P & P 55 A Ala Pow 41 Oil 79 s Bottl 14 McKesson 14 McKesson 1McQuar & }7 Mesabi Iroh .. 6 Metro Chain St 1 Midl 8ti Prod 2 Mid Weat Util 3 Mid WO e prd: 11 Mohawk Hud Po! 1; Moh Hud P 1 p i Mohawk Hua war k Val | Serv s 22 Fed Wat Serv 814 & Fivest Cot. Mil e s wecSeeiFe sris S 10 Georgis Pow 5% 2 Gulf Oil Pen 3s £ Gul o) e 4700 2 GuIf States TIL 55 A 98! culf G 8iak ther Ser A ach . 7 1Intersta Pow 8¢, 10 Intersta_Pow 63 N 2 Niag Falls P e 1Nor Ind P 8 55 G .. 4§ Peop Drus R O 8o 10 ru c stan... . 2 Peop Gas L 1 Perfect Circle ggaesaparan 32333338°2 ' Richman Bros’ 3 Riverside P & M'. 2 Ross Gear & Tool =5ns ub 615 &L bias 3 ‘amp Pack 85.. inlan 6. . A sgQacacaaage g5 H . a3 11313 101 101 POnBa s S hult Uni 2d pi man Bros _ Cent o7 FOREIGN BONDS. thOUSEIS Prussia o 98, a ssin A 33 Boriin Tes ! 9213 s i oc | uth Grocery A ... 3% 1Southern Tce & U B 13 3 Enal £ uree 1 8 Spencer, Kellose n . itern Bros 34 Stutz Mot 23 Swad Wity 32 oknws! R e S A A 8er 18 tl Wks 6128 A Atsaw 78 ... xd—Ex-dividend. wi—When issued. n—New. ww—With warrants. Markets at a Glance NEW YORK, September 19 (). Stocks {rregular; Atlantic jumps 9 points to record figure. Bonds irregular; coppers active. Foreign ex- changes mixed: Itallan lire at new 1928 low; ven drop 12 points. Cotton higher: too much rain in East belt. Sugar easy; lower spot prices. Coffee quiet. CHICAGO.—Wheat firm; better ex- port demand. Corn steady: frost re- ports Southwest. Cattle steady to low- er. Hogs weak. CALL MONEY RATE. NEW YORK, September 19 (#).—Call money strong: high, 812: low 7; ruling rate, 7; closing bid, 8l2; time loans, firmer: mixed collateral, 60-90 days, 7; 4 to 6 months, 7. prime mercantile paper, 54a5'2. Bankers' acceptances unchanged. FEDERAL LAND BANK BONDS. Special Dispatch to The Star. NEW YORK. September 19.— Bid. Asked Bank 45 May 1058.38 96 ' 96% Refining | .00 Delivers Entire Outfit FRENCH FACTORIES UPTO CAPACITY Busiest Session in Last 10 Years Is Seen—Skilled Labor Scarce. BY J. C. ROYLE. Special Dispatch to The Star. PARIS, September 19.—The fac- tories of France are busier today than hey have been for 10 years. TRis statement was made to the writer by A. De Touef, general manager of one of the leading French eclectric combanies, who is in intimate touch with indus- trial centers in all parts of the republic. Not only is thete practically no unem- ployment. but there is an actual short- age of skilled workers. Efforts to secure skilled artisans from other countries have not proved success- ful and consequently industrial execu- tives are either training their cwn men or installing machinerv, which will per- mit the work to be done by unskilled or semi-skilled employes. Domestic Needs High. Much of the production of the va- rious plants is going to fill domestic needs. Some manufacturers are turn- ing down foreign orders. The improve- ment, according to M. De Touef, is about 12 per cent as compared with last year's industrial activity, measured in the consumption of power. The margin of profit in most indus- tries is extremely small and competition is severe, Taxes amount to approxi- mately 14 prr cent on industrial pro- duction, and French producers are anxiously awaiting the fate of the social insurance measures, which, if passed. would add 8 per cent to the taxation account. This, many fear, would re- duce profit margins to the vanishing point. France's balance of trade is in her favor. Exports, with the exception of and chair to match. Pay Only $1.50 Per Week on These Nine Pieces 9-pc. Cutfitfor the Bedroom .This outfit includes a’ four-piece bedroom suite together with spring, mattress, two pillows jewels, have been hl%htr by about 12 per cent than in ti corresponding period of 1927. Money for industrial expansion and for commercial needs is flowln%ln freely from domestic sources since the stabil- ization of the franc. ‘The automobile plants, the steel mills, the paper mills and the rayon factories are all working now at top speed and the upward swing of the power con- sumption curve seems likely to continue for a long time to come unless some untoward _development in finance or taxation checks it. CANADIAN BANKS MERGE. TORONTO, September 10 (#).— Shareholders yesterday approved the merger of the Canadian Bank of Com- merce and the Standard Bank of Canada. The agreement must now be approved by the governor general in council at Ottawa before the consolida- tion can be effected. The Bank of Commerce has an authorized capital of $25.000.000 and issued shares of $20,000,000. The Standard Bank's outstanding capital is $4,823,400. Under the agreement the Bank of Commerce is to acquire the Standard’s assets. Storm Damage Less. NEW YORK, September 19)( Damage to properties of the Fajardo Sugar Co. in Porto Rico from the West Indian hurricane is less than was first reported. Estimated cane loss on all plantations now is put at between 25 and 30 per cent. Three centrals of the United Porto Rican Sugar Co. suffered severely. Firm Plans Melon. NEW YORK, September 19 (#).— Stockholders of New York Title & Mortgage Co. will vote October 10 on an increase of 50,000 shares in author- ized capital to 200,000. New stock will be offered at $300 a share, one share for each three held. An extra divi dend of 1 per cent and a quarterly divi- dend of 5 per cent were authorized. — g Kinney Co. Shows Gain. NEW YORK. September 19 (#).—Net income of the G. R Kinney Co. for the half year was $297,633, against $291,015 in the first half of 1027. Total net sales were $8,648,733, an increase of 8.22 599 Fresh Peach Ice Cream and Raspberry Ice A new and wonderfully delicious Breyerpakt Pint Combination Bn]’en Fresh Peach Ice Cream—a blend of real rich cream, real Cuban cane sugar and Combination No. 9 Jresh mellow-ri made from real raspberries — cold peaches . . . Raspberry Ice roked from the vine . . . Co (not preserved th ed rom e Cuid ow Imaghue. more delicious combination than thi; it tonight! Try i e W eSS Solee S S Selee Salee S S CAR LOADINGS LESS. Loading of revenue freight for the week ending September 8 totaled 991, 042 cars which, because of the observ- ance of Labor day. was a decrease of 125,908 cars below the preceding week's freight movement. This, however, the American Rallway Association announces, was an increase of 1,243 cars over the same week in 1927, Miscellaneous freight loadings for the week ending September 8 totaled 388, 238 cars, an increase of 9,932 over the corresponding week last year; coal loading was 156,393, decrease. 7.492; grain and grain products. 57.872; in- crease, 219; live stock. 28.919; increase, 19; loading of merchandise in less than carioad lots, 230.816: decrease, 3.904; forest products, 53.389: decrease, 4,150, ore, 60.573; increase, 6,433; coke, 9.842; increase, 136, Will Help in your heater. cleaning or minor m on z:l- prime condition. i factorily for 108 years.) 1421 Chastnue Street, Philadeiphia, Po. 100 Milk Sereet « « . . . Boston, Mass. Third Nat’l Bank Bidg,, Speingfield, Mass. 10,000 women accepted this challenge... "Ifyou do not believe that ice cream can be made sidiaries in America ~ repor $408,985 for the first m 921 :‘tettel; ileduet. e z:e ition charges, oss was ,428, against net it of $527,121 in the first half of 1927, PG SHEET STEEL SALES. NEW YORK, September 19 (P).— August sales of sheet steel were-254,397 net tons and production 329.306 tons, the National Association of Flat Rolled Steel Manufacturers reports. Total ship- ments were 324,601 tons. Unfllled ton- nage on September 1 was 498,023 tons, with 102,825 tons of finished stock on hand awaiting shipment. Approximate in stock, unsold. was 51,636 tons. Hot mills in the United States totaled 721, with capacity for August of 506,000 tons, THE BEST SINCE1820 Your Old on‘i})ény Dealer ° u to Heat YourHome Efficiently T, he will tell you—if you are not already sure — which size of anthracite you should use (Here, his experience may save you considerable money.) Then he will tell you if your heater is in need of (Soot accumulations often reduce heater efficiency by 25%.) Next, he will indicate to you certain points of furnace-firing technique that will enable you to get the maximum amount of heat from your coal —and also to bank your fire most effectually. ) ; s quumhm La)bornona are constantly Finally, your Old Company’s dealer will supply you with an unusually pure and uniform anthracite, i Anthracite has homes OLD COMPANY'S LeHicH ANTHRACITE For names of nearby dealers, write or phone our mearest offices THE LEHIGH COAL AND NAVIGATION COMPANY ' ') AVATHT AT 7 143 Liberty Street . o New York, N.Y. 912 Prudential Bidg. . Buffalo, N.¥s & N. Ce.. 1928 U R TV 4 A AR AT AR AT Y AT of real rich cream, real Cuban cane sugar, real fruit or a natural flavoring —and sold at no extra cost—we offer this suggestiom:— Come to any of the Breyer plants in Philadelphia, Newark or New York. We'll let you see and taste the actual cream, sugar, fruit and flavorings that are used in making Breyers Ice Cream.” e —————— ( More than 10,000 women accepted this challenge made 6 months ago. They came and saw —and were absolutely convinced that Breyers Ice Cream is everything claimed for it — the purest and most wholesome ice cream possible to make. No fillers, adulterants, extracts or artificial flavor- ings are ever used in Breyers. Yet it costs you no more than just ordinary ice cream. If you're particular about buying ice cream as we are about making ice cream, you'll insist on Breyers. Why not try it tonight ? Patronize the Breyer Dealer More than 3,000,000 people eat Br. ers every day AP ARV T A VLS ¢ S v v s