Evening Star Newspaper, March 28, 1931, Page 26

CURB PRCES mmr | ON SHARP SELLING BY JOHN A. CRONE. Bpecial Dispateli to The Star. NEW YORK, March M~Pflm con- tinued to move downward on the Curb Exchange today after an irregular open- ing. Public utilities, in which a spec- ulative interest has besn built up, were the principal sufferels as they were the most active group. Electric Bond & Share sold off more then a point at times, usually rallying fractionally after each string of sales. Cities Service was relatively ipactive and moved narrowly. Foll the downturn of power and light issues, air shares and motion pic- ture stocks came out at lower prices and then the tape recorded sales of many inactive securities. Aviation Corporation of America, whose annual report will be made public around April 2, was down a point most of the time. Douglas Alrcraft also de- clined along with Niles-Bement-Pond, General Aviation and 'l‘rlnleontgldenhl uca- tional Pictures preferred with warrahts, without any éfficial news being made public today, up 3z ints and moved against -the general trend of amusement shares. Noranda Mines in early tradings acted as if traders were disappoin! the remarks of President Murdock. He told shareholders that exploration of high-grade ore fourid in the drift on the 1,475-foot ‘level was being con- tinued. In some places, he indicated, high-grade ore has now been proved to continue to some 2,700 feet from the surface. 'rhe company, Mr. Murdock in nio ore below the 975-foot el Norands’ Mines, witl ly for listing on the New York el Nonhem States Power A was up & trifle in spite of the coi 's an- nouncement that it planned to sell $35,000,000 of first lien and rei 415 per cent 40-year bonds, part of wwhich will refund an outstanding issue bearing_a higher coupon. =Common- wealth Edison opened higher, but Duke P;wu- opened off 2 points. s i i & et att -S&*## fi itisk < RS E ¥ S S .’##}‘!s 282818 5 g, 243 o 99 wEW i 2d2p: o 2, "'E?E ;1 W OESRNRRE agepaedaaied (3 _ " & 8322 222088 W SR SE5ggeSans: FEFE 558 FERRE FoRAR 3R S58: et e 2 2838 * 5 ..g.... 13 2822323838 S 38222281 FTEE FES FITEETESI 5 Hi] 5, 23338228 i r!g; FEER Ty JSR333822838R22! & ERE SRR 3 ¥ S FENTESESS L 3"" PLELRER) o Ea8ess8es SIS 1} e Sk 3 -k = s iniamp ZRAXR! S0 ki 2835 § 523 ;eirs 33288 Ca ? o ] B RIS 7 00! o e Ty - | I eayat! 382352858 FEFCETE 2 2B2BIIL I8! et el 5 EELTECAE LU R L e EEagtageniys bt o, 4 R 3222228 FEF Eezgass e g 2228, SR HEaE5EE 533! 4 5 s 23 Ig R 2 ?fi“i o Tog ¥ 0 4 : RgaPiven g'i ) =85! TEF Sesses: s 2332338333838 £33 ol 'mn of all.grades 25 Stock and Dividend Rate. shows M uolh were. ghrov. 1031 Stock a Sales— Dividend ‘Rate. High. 4% )'6 Aero Supply B. . 22 11% AMliated Prod 1.60.. !0 13 5 Asfa Ansc 224 140% Aluminum Co of Am lifll “5. Am Capital B.. 65 Am Cigar Co. 834 Am Cit P&L (A)(a3) 5% Am Cit P&L B b10%. 11% Am Com P A (b10%") 2 1 19 14% Am For Pow war. 315 Am Founder: 704 Am Gas & El 4% Am Invest. Inc (B) 1% Am Invest war. 35% Am Laundry Ma 43 Am Lt& Trac (23%). % Am Maracaibo 9% Am Superpow p 18t.(6)., 315 Am UtH&GemsB)vt A 54 Apponaug Co (2).... 4% Arcturus Rad Tube. 5% Arkans Nat 44 Art Metal Wks uae) 4% Assoc El In Ltd 30c.. 17% Asso Gas&El A (a2). 1% Auoefl&gAdhnl Asso Ray pf cod(6). % Atl Fruit & Sugar 1% Atlas Utilities war.. 214 Auto Voting Mach 84 Auto Vot M cv pf 17% Aviation Cpof Am.. 1% Bahia Corp pf.. 16% Beneficdl IL (1%). - 12% Blumenthal (8). . 75 Bohack (H C) (4) 3 Botany Mills 4% Bourjols Inc. . 21 BrazTr& Lt (b8%). 18 ' Brit-AmT(B)L17 4-§ 23 , Bulova cv pf (3% )gy, % Burco Inc war.. 1% Canada Marconl. . % Carib Syndicate. . 19 Carrier Corporation. 17% Cent Hud G&E (80c). 14 CentPub SvcA b10% 9 Cent Stat El (b10%). 5% Centrifug Pipe (60c) 1, Chain Store Devel. 110 ' Chesebor Mg | (N%) "o NN RCIHRES ANRONNNHNDEn WA e 79% CitiesSery pf (6)... 6% Cit Sv pt B (60c).... 7% Clauds Neon Lts, Inc T 7% Clev Tractor (80¢). .. 1% Colon-OH. 5 Col Oil & Gas vic 221 Cmwith-Edigon (8).. 1% Cmwith & Sou war. . =3 Sanm Crocker Wheeler. Cuneo Press (2%) Curtis Wr Exp Cor] Davenport Hos (2).. Dayton Ailr & Kng. - aRGe— - - [STOINY. JOT0L SIS wr Baf Educational Pic pf. . Eisler Electrie Corp. Elec Bond & Sh (b§). Elec B&Shpf (6)..1 89% ElecB&Shcupf5.. Elec Pow Assoc (1) ., El Sharehold (b8§%). Elec Pow Asso A (1) Sennbnaniulat - » BarmaomaBusmnd va Fairchild Aviation. . Fiat Stock debrts. .. Film Inspect Mach. . Flintkote Co A. ... Ford M Can A ( Ford Mot Ltd 36 35c.. Pord Mo of Fr(p28c) Foremost DairpPr Foremost, Fabrics. 4% Fox Theater C1 1% Galena Ofl Corp. 4 Gen Alloys. ui Aviation. Baking NY @) lfm Gen Elec Ltd (p70¢). 10 50% Gen G&E cv pf B (6) 50s Gen Petroleum. .. Gen The Eq cv pI( Georgia Pow pf,(6) Glen Alden Coal (4) Globe Uniderwriter: Golden Center. Gold Seal Elec new.. Goldman Sach T C... Gram Col Gr w.1. - SRR Imp Ol of Can (50¢) Indana Pipe Line (1) Industrial Finan ctfs Ins CoofNo Am 12% Insull Inv (b8%) Int Hydroev pf 3 Intercontiment Pet Int Petroleum (1) Int Utilities B Int Util pt pf. Irving Air Chute 41) Interstate Equities. . Irving A Chute war. Ialian Superpow A.. Italian Superp wa! Jonas & N cum pf & Ca NN SRRSO M Cul R~ an 29 10% T4 % o 2% 1% ® 1% 1 2% % % 6% one hundred-snare lots uuumnmn Gsoor, sold in odd lots. Add 00. Open. High. Low. Close. | 37 1 3% ~Prev. 1331~ &ish. Lew. 3% 2% Klein ( M % 20% % 24% 204 ; 28% u 10 3% 3% 1. 21 2% 13% 1% 191% 5 kd 65 3% 87 16% 9% 16 5% 6% 4% 8% 7 Fageol 3% 20% Lake 8 13% 188 5 65 20% 12% 188 5 Loew's Magdal Mangel Mangel Memph Mer Ch Met Ed| Mid St Nat Bd Nat Invi NY Ha Nor Eu Nor St Ohio Of Parker Peop Lo Pitney Plymou Pure Of Rossia St Regi: PESRerf2e ?:2 slo Ind s :# H 255 Tubize Uthity Van Cat Wil-Low Cafaterias. Zon! % Ford M 8% Kolster-Br (Am 8h). Lackawanma See (4). Letcourt Real pf (3) Leh Coal & Nav 1.20. Lone Star Gas n (88¢c Long Island Lt (60c) Ludlow MfAssoc 10. 10, Mapes Consol (13% ) Marconi IntM(p38c). Mavis Bottling...... Mead Johnson (14).. Mesta Machine (2).. Met & Min Ine (1.20) Mountain Prod (1).., Nachman Spring. Nat Aviation. .. Nat Food Prod B Nat Fuel Gas (1). Niag-Hud Pow B Nat Pow & Lit Nat T Sec A (350¢) t Sugar N J (2) N Y Steam n (2.60).. Niag. Niag-Hud Pow C w. M-g 8 Md (40e) Nor Am Aviat A war Nor & So Am Corp A. Nor St Pow pf (6) Ohto Copper. . Overseas Sec..... PacG&E1stpf1%. Pac Pub Sve A(1.30), mount Cab Mfg. Patterson Sarg (2).. Pennroad Corp (20¢) Perryman Electric. . Pllot Rad Tube A. Polymet Mfg. . Premier Gold (12¢).. Producers Roy Corp.. Prudentisl Invest. .. PSof N Pub Utll Hold war.. Pub Utll Hold Cp xw Q RS:De Vry. H R&Utll InvA. Reynolds Invest.... St Anthony Gold. Salt Creek Prod (2).. 8 Seiberling Rubber. Relected Industries, . Southld Royalty 60c. Spieg May Stern pf..150s Stand Ofl of Ind (2).. Stand Ofl of Ky 1.60., Stand P & L (B) m. Starrett Corp...... Starrett Corp pf @ Stein Cosmetics. Steinite Radio. . Strauss (Nathan) % Strauss Roth... Stuts Motor (new).. Swift &Co (2):. ‘Technicolor. Ine. ... ‘Texon Ofl&Land (1) Tob Prod Exp (10¢).. Tran Con Air Tran. .. Trans Lux DL P Tri-Cont Corp war.. Twin St NG pf (A).. Unit Chem pt pf (3). Unit Corp war. Unit Lt &Pwr A (X).- Unit Lté& Pwr pf (6). U 8 Elec Power ww., Unit Verde Ext (2).. Ut PALt(a#1.02%4 ). Ut PAL B(at1.02%). Utll & Ind.. Ut & Ind pf (1%).. Uit Bautty pf (%5 1008 Vacuum (4. . Venezuela Petrolm. Wailgreen Co. .. Walgreen Co war. Walker (H) (1) West Alr Exp (60c) West Pwr pf (7).4.. Wil-low Cafe pf (4).. r—no unn-r ra Received by Private Wi Add DE)Co(1).. Motor....... Mines (1.20). - 5 e et | Incdebrts. . 21% 34 4 102 102 e 4 2% 2% 28% 28% 38% 38% 9 9 ena Synd.... Stores. . . Stores pf. .. .225 % 1 107% 107% N G Co (60¢) &S (1.60)... A RE N B D ] ( 2’/- ll 14 26 24% 254 1 13 5% 14% 21% ison pf (6)... 258 1 Pet vic A. 1 INSURANCE SALES BY MAL PLANNED Casualty Company Being Or- ganized—Fire Risk Firm to Follow. 4 BY ROLLIN M. CLARK. In line with the lonstant expansion in' types of commodities sold by mail order Houses, these concerns turning to insurance. It has just disclosed that one of the largest mail order institutions is organizing a cas- ualty insurance company fo sell insur- ance by mail without agents. If this venture materializes as expected, it will be followed later by & fire insurance Tunning mate. Mail order insurance is mot new. There are a number of insurance com- i panies that are licensed only in their home states but which are writing busi ness throughout the country, soliclting by newspaper advertisingg radio and mail. The practice is opp#éed by most state insurance commissioners on the % | ground that they have no supervision lDG% 106'/. % % 8% 8% a1u a'm 23\4 zsv Gh 6% 100% mtv. 17% & 8 Corp esto 5% 6 1044 104% 17% 17% 38 33 16% 17 3% 3% 954 95% 2% 2T% 78 18 13% 134 2% 2% 3% 3% 9 9 21 21 1% 1% zw. 24% 1% 1% 9 9 1% 1% 145% 145% 99 99 8% mburg (2%). rop Oil Corp.. Pow A (8 lncunf(()-. Rust Pr.(3).. &PA(240).. Pledmont Hyd Eln w B Pn (20c). th Of1 (1). 10 111.(8)no par 1508 42 3 19t (6). « 308 Int Corp. - s Paper (1).. - SupntadB vannae w prior (5%) Sren ABeamman 82 - - B Braal varneunmnane Cantillon (B) 0% 100% 100% % 6 6 8 T 2% 53% 4 8 T% 2% 53% 4 5% 12% Equities. . 13 mp Pkg. 24% Ty 0% 75 17 17 102% 103 24% % 5 3 6 1 x 4 7 1 Products (1) . 12% 12% RIGHTS—EXPIRE ot Ltd. Apr 17 29 % b CHICAGO LIVE STOCK MARKET| CHICAGO, March 28 () (United States Department of - Agriculture) — Cattle—Receipts, 200 head. Compared better grade heavy steers r, othier heavies about yearlings and light | to 50 Jower; yearling heifers 50 to 1.00 Jower: better ade butcher lieifers and weighty cows. X ble light _stockers Speciity “;'z'n‘;pé”"a mand alded betier ai T grade fat steers, whu detrimental excessive receipts to lighter 'ddlu. ‘weighty nuln. uoo several sales 10.00a18.85, with bulk earlings, 1035, it Bk L steers no-ioo heifers, ly and l wflly mh mlnm top ulechd nllen. M Sheep, 3,000; for ‘week 171 doubles rom 4 today’s market nominal 880 fat lambs mostly finished B i PR stances; price spread bstame narrow: Top and it yurlh:z including ©6-pound wei:hu at 8.85; clij lambs, 8.00-8. 1 wooled owouts, 7.00-8. ewu 400-500 '4 11000 head, includ- m 10815 lower on welah" below 220 wlndl others about my. good to choice, 160-210 pounds, 'Hofl 80; chdice, 380 pounds, week ago, light weu'huklms compared : | lower; sthers steady; | estimated holdox STONE & WEBSTER KEEPS SAME DIRECTORATE seven , W expired, were re-elected and other rou- for in the notice 3 | were reduced 5 points to 10.80. New York Cotton Special Dispatch to The Star. NEW YORK, March 28.—Despite the weakest stock market since December, cotton prices lost only 3 to 4 points to- day’ and displayed stubborn resistance under a light volume of business. Until & few moments before the close prices held ahove Friday's closing quo- tations, but execution of commission house selling orders in final trading brought lowest levels of the day. Spots January . POTATO nml‘. CHICAGO, March 28 (#) (United States Department of Agriculture).— Potatoes—Receipts, 124 carloads; on track, 281; total United States ship- ments, 701; firm, sacked, per c. w. t. ‘whites, l.10|1.l&: m . Russets, No. 1, 1.80a2.00; mostly ‘poq:,oo; Colorado, vp autics, 1 over the mail operations of these com- panies in their states. Disputed claims must be litigated in the state where the insurer is domiciled, they point out, and this is usually fmpracticable for the small policyholder of limited means. Licenses Necessary. Of course, the new mail order com- pany can eliminate this objection by obtaining ‘licenses in all 48 States. If it decides to sell insurance through its branch retaj) stores as well as by mail, it would be necessary to obtain a'license in each state in which its stores sell insurance. It is considered likely that such a plan will. be f(‘)&l{!wed. Rural districts can be successfully reached by mail, but this form of solicitation will not pro- duce much business in the cities where agents and brokers control practically all of the premium volume. way in which the new company may hope to compete for urban business, most observers believe, is through utili- zation of the sales forces of the retail stores of the parent concern. Every purchaser of tires and automobile sup- plies is a prospect for automobile in- * | surance. Both tires and policies may be sold over the same counter. - All types of casualty insurance ea riers will be affected by the operations of the new company. In rural terri- tories it will be competing with mutual and reciprocal insurers and in the cities with all companies, but particu- larly the stock companies which operate through agents and brokers. Opposition Expected. It is & foregone conclusion that the organized insurance agents of the country will condemn the new plan. Agents gontend that thelr services are an essehial element in the sale of in- surance. It is their function, they say, to see that insurance is properly 'riwen and ‘that adequate service is given to poncyholdm after “the business goes on the ks, and that this is not pos- sible when insurance is sold by mail or by clerks. The agency forces appear to have ample cause for alarm, for the new company will sell at lower than standard rates and will start with a mailing list containing 12,000,000 names and with more than 300 retail stores located in the larger centers of popu- lation, (Copyright, 1931.) | Markets at a Glance I NEW YORK, March 28 (). —Glockl weal; pivotal industrials drop 2 points. Bonds heavy; Australians l'llly. Curb weak; utilities and. specialties heavily sold, Foreign exchanges 2H Canadian sags. Cotton easfer; stock market. Sugar lower; m sell- ing. Coffee lower; lorei"n selling. CHICAGO STOCK 'MARKET | By the Associated Press. CHICAGO, March 28.—Following is the complete official list of transactions in stocks on the Chicago Stock Ex- change today: salex. STOCKS. 3% Al}led 3o, 1d’ dy_Paper 850 Elec Household . 1900 Foote Mach ieaner 1190 Gt Takes” Aire 1250 Gt Lakes Dredge. 300 Grigsby-Grunow PESEEE A et North Am Car §50 Nor Am L & Po; No & 80'Am oy T sz wantd T FENE & FN ? comrall fos BOI : 1 1000 Tt WRSS B 5000 AP, ch Gas A % ‘THe only | per ©457; | value of the conversion Benefits S ¥. SPEARE. NEW YORK, March 28It there are to be great operating and ndhluI; 1t trunk. line radlroads, there must be emphasis on the need for action in bringing the merger to a head. This was the senti- ment expressed by those executives who attended meetings in New York and W: ‘Thursday, where ques- tions of lal relations in the con- solidation md the arbitration of con- tested between the Pennsyl- vnnla and Nlcltl Plate systems were slnce the four-party plane was an- nounced late in December by Presi- dent Hoover, two of the systems, namely, the New York Central and the Baltimore & Ohio, have been compelled to reduce their dividends, the one $8 to $6 a share and the other $7 to $5 a share. Not only have they been victims of s shrinkage in traffic in the first quarter of 1931 that was not foreseen at the end of 1930, but four other railroads that play a con- spicuous part in the plans have also passed or reduced Mr dividends. These are the Wabash, Lehigh Valley, Lackawanna and the Buffalo, Roch- ester & Pittsburgh. Pennsylvania Dividend. Next month directors of the Penn- sylvania Raflroad meet to declare quarterly dividends. Judging from the returns mme by that road for month of February, it s not improb- able that the Pennsylvania will cut its rate, though y not more thanfrommlpcreeutvn & 7 per cent basis. The net operating income the | 5 “FINANCIA QUICK DECISION ON MERGER DESIRED BY RAIL EXECUTIVBS Leaders in Carrier Field Believe in Prompt Action as Means of Acquiring of Plan. stock of both properties. Therefore it now appears likely that within four or five months of the date when the a‘.'m""' W“fi’fi"’" Diigated: sl oi acce mul all o systems _identified with um mmefr wlll have been required to make important concessions to the un- favorable trend of the times. It is believed that had the merger been in operation when the ll\lmp came it would have been possible to have fected important economies in opera- tion that would have gone a consid- erable way in impmvtn( net earnings and stabilizing dividend rates, Unfortunately, the processes of rail- road consclidation are extremely slow and subject to many'interruptions. On this account it is not believed that the petition of the railroads will be in shape to present to the Interstate Com- fore the late Spring of 1932, Sluggish Trafc. OUTLOOK S 600D Economic Improvement Wil Greatly Help Power and Light Net Earnings. Special‘Dispatch to The Star. CLEVELAND, March 28—The elegs tric power and light industry, maintaine ing operations consistently above the fluctuations of general by l’ faces & most pvmmulu outlook in 1931 from the standpoint of electrical energy sold and operating_profits, o the Union Trust Co. of Cleveland. A survey of the industry in the cure rent issue of Trade Winds, the bank's publication. points out that 1930 was a some signs of economic repair, the mdumy'- record is the soundest reason for future encouragement, the article_conciudes. “Incre: revenue on less current supplied was due to a shifti Jn the nature of consumer demans says Trade Winds. “During 1930, industrial consumption decreased because of cur- tailed manufacuring operations, forcing her rates Traffic conditions in the territory {to outside of that influenced by the four- indicate the same otuutondmsmnnthmdum For the first two months of the yvlr it is off 54 per cent. March loadings haye been somewhat better, but Chlclln lfllw&:! the amount available for dividends in | has had 8 50 per cen the March quarter is nof cover by a considerable margin the $1 a share rate now being paid every three months. Earnings of the Nickel Plate and of the Pere Marquette, which are parts of the Nickel m-cm-yun BYyS~ tem, suggest the necessity for adjust- ments in the diyidends on the common erating income for tho ‘two. while the Rock Island lines, duced their common stock dividend re- cently, hfld & deficit after charges Pebruary of over $243,000, and the Mis- souri-Kansas-Texas lines, whose com- mon stock dividend was passed week, & deficit of about $293,000. (Copyright, 1931) Public Utilities BY GEORGE T. HUGHES, ing, id o‘m--uom and an analvsis o ol the ' ca nds as well as stocks, but 'g‘l discuss’ s present the facts wllboul an to end purchase or Tecomm, cific securities.) i Engineers’ Public Service. Controlled by Stone & Webster, In- corporated, through ownership of over The holding comj debt of its own, outstanding bonds to the amount of value pnxemd stocks, one paying. 85, one paying $5.50, and one paying $6 annually. two first named are listed on the New York Stock mhnnfl ln‘ sell to yleld about 5.75 lor about 6.25 per cent for the $5.50 X R offer a yield 6 per cent. Of these issues the most lnw. is a conver- it conversion 10 shares of $5 preferred. market prlm there was no exercising the privilege. The right, appears in the lower yleld basis at the" market for the $5 preferred, compared with the two other preferred l-u Dividend rate on the common is now $240 '@ share to which rate it was raised last May. - Prior to that time the “"i.'”"“a"“‘ e CeRt M SO cash an per cent stock annually. ‘company went through the 1930 ith & crediianle showing. - Net em‘mfi to ‘10.21 a share on the com- biried"preferr: $1 t recent object in s are + Power Co., Eastern Texas Efectric and Puget Sound Power & Light. MEAT PACKING GAINS. CHICAGO, packing in February ruary, 1930, production in that industry by 5 per cent, the Federal Reserve Bank here sald today in its monthly business conditions report. Washington Produce Butter — One-pound prints, 34a35; tub, 3215a33%. ying $1 a share in | bers, hot BUSINESS PICKING up FOR STEEL FOUNDRIES Special Dispateh to The Star. operations of the company for the entire year 1930 were at the rate of 42 per cent of capac- ity. During the last quarter-of -the year t.heyoptludnzlpeeemnlum ity. Operation for the first 1931 will be awmnmm.v 27 is every month of t.he first six will-be bet.- amount (ully equalled the tver- ter than it _receded 1 e Londo: Action upon the dividend has not been considered, and will ‘depend upon - age for the month cent, a slightly l'l'.lle' figure than Ol'dl- narily, from the January, 1931, total. Month end pay rolls decreased 3 cent, as gompared with last Jam in the number of employes, 7 per cent in hours worked and 6 per cent in total wage earnings, the said. luction of creamery butter in the th Federal Reserve District in Pebru exceeded the amount of Feb- usn by 9% per cent. The 4% per cént, decline from last January o 1 cummnry OFFICERS RE-ELECTED. NEW YORK, March 28 (Spechl)—- Officers and directors of the National future prospects at the time of the June T | meeting. Receiver Appointed. 'BALTIMORE, March 28 (Special).— | & r has an Court appointing George W. Manly, receiver under bond of 08000 zhnch.motthauuugm Stat order was Acme Co. were re-elected at the annual | Dist meeting held today. A quarterly divi- dend of 20 cents per share was de- clared, payable May 1 to stockholders of rgccrd April 15, STOCK for the assets of the defendants located in that district. AND BOND AVERAGES By the Associated Press. SATURDAY, MARCH 28. 50 as consumption facilities are more completely rates will continue to tend downward, s evidenced by 8 reduction of abou: 5 COPPER OUTPUT ksnucso 300,000 TONS IN 1930 Spectal Dispateh to The Star. NEW YORK, March 28.—World proe duction of electrolytic copper in 1930 'was 1,681,315 short tons, compared with 1,969,432 tons in 1929, the Americany Bureau of Metal Statistics announced yesterday. The United Shta pro= duced 1,155,459 ml'll. INM M tons in’ 1939, world produced 525,650. it IH,MD ‘Copper Imytn. ‘was w‘ Foreign sale on Thursday were 1,500, w16 ‘ce R FOREIGN EXCHANGE. (Quotations m'#’“lfl:l!fl;}'w & fl\ iy sl Vienn: ‘schillin Budapést, " peneo Prague, GYI])A'D « Am American Thread 8% h Baltimors & Ohic 4‘#- 1933 Batavian Fet Corp, 4% Corp. Sias inclair Cru A Standard Oil Standard Oil N. ¥ork 8t L. Ir. Mt & 8o R i ber etk "i‘f"ou H Whesling Sreel Gor swig Anlm!!l Cotpora g e semfnoust iz is a i