The Cincinnati Enquirer from Cincinnati, Ohio • Page 17

THE ENQUIRER, CINCINNATI, TUESDAY, SEPTEMBER 24, 1929 17 U. S. Playing Card Is Trading Feature Cxrosflcy Eladfio history of the Industry. Reports coming from commission houses are to the effect that the public has not been selling their stocks and that confidence has not' been undermined by the declining prices. This suggests on the other hand that present liquidation Is for Important accounts.

creased from $2,157,1166 In 1928 to $3,271,281, while the gross increased from $11,898,469 to $12,691,106. Reports are prevalent that Boston and Maine will place Its common stock on a dividend basis In the near future, and, assuming that this win be at the rate of annually. New Havln will realise a return of more than $875,000. A XVvJ, vt9X.o 11iW J9U9 WU1U Ohio, September 23 (AP) Buckeye Stages, Jtoday petitioned the State Utilities Commission for permission to operate a line from Columbus to Cleveland by way of Upper Sandusky and to Toledo through Flndlay. DAY'S TRADING ON CINCINNATI EXfcllANGE The table shows the sales, the rang of prices, the net changes, the closing bid and ask quotations for 100-share lota, and the dividend rates of stocks on the Cincinnati Exchange on Monday, September 23, 1929: NATIONAL PUMP BANKER Takes Over Company.

Wcstheimer Co. Members of New York Stork Exchange 322-324-326 Walnut St. Consolidated Gas. Banking interests who dominate the affairs of Consolidated Gas are reported to be accumulating the stock on all setbacks. In fact, certain market observers go so far as to say that the heavy purchases ot both Consolidated Gas and United Uas Improvement have been for the account of such organisations as United Advances To NewHigh The Procter Gamble Co.

COMMON STOCK Reynolds, Brett Ernst, Inc. Members Cincinnati Slock Exchange 1127-31 Union Trust Bldg. Telephono Main 1087. Cineinnnti Interest In Metal Aircraft Company Sold To Columbus Financier. Amradv Laundry Machinery Close Fractionally Lower.

Reactions, However, Government Amrad Corporation Common Stock Crosley Radio Common Stock Gncipnati Ball Crank Participating and Convertible Preference Stock Bought Sold -Quoted Of Issues Kodel Is Active Waco Is Low. Chrysler. Those who have been following tho automobile shares voice the- opinion that a large amount of Chrysler stock has been over-hanging the market for some time past. Nevertheless, In view of the estimated earnings of between $6 and $7 a share for the full year a price far in excess of that now prevailing for the stock Is believed to, be justified. Foretelling History in Latin America Reactionary tendencies were In evl denca yesterday with trading; In spe Descriptive circular upon requmsU clalty shares, although good support was accorded stocks on the down R.

E. Field Co. turns. Volume of trading- held up ex ceptlonally well for a Monday sea Holdings of Henry C. Yelser and associates In the Metal Aircraft Corporation were transferred yesterday to Robert H.

Shryver, retired bankor of Columbus and President of the Columbus Flying Service. The safe embraced the control of the company, and was confirmed yesterday at a meeting held at the office John B. Hollister when it was latified by the stockholders and directors. The new. owner declined to make public the consideration paid for the properties.

He said that Thomas E. Halpin would remain with the company. The company has an authorised capital Of $500,000, of which $460,000 Is outstanding and paid in. Mr. Shryver said that the factory would remain In Cincinnati, and that the production of Flamingo airplanes Member Cincinnati Stock Exchange alon, total shares the 1124 UNION CENTRAL BLDC.

Telephone Main 101 record-breaking sales of last week with 12.437 shares. International Nickel, Original market sponsors of International Nickel are reported to be adding to their holdings around current levels, and the Street bears that the stock Is again destined for higher levels. The company Is now getting the benefit of Increased production from Its Frood mine, and this, together with higher profits, will place the Issue In position to discount these factors marketwlse. Playing Card continued Its rapid CAREFUL analysis of Latin American and European investment oportn-nities, by flekl representatives stationed 'at strategic points who fully understand local economic, business, financial and political conditions, is the basis upon which 4'niiip, Thome Co. has achieved nationally known success.

Camp Thorne Latin American and Kuropean service has come to be rec-agnized by an over-lncreaslnu; majority of hanks and Investment dealers throughout the country as the dependable, conservative and informative service. appreciation of price and offerings were fairly large, sales totaling 870 shares. The opelng yesterday was Cities Service Common at 131, up the fraction from Satur day'a close, and In the second hour sold to the lowest level of the day, Cities Service. Among the low-priced Issues on tho Closln I I Salon, I Price Ruuga. I Net Bid.

I Ask. I PIT. STOCKS. I9harn. Open.

Hlgh. Low. I CIs.Cirm. 17 I 20 1 lOAhr.n-i'ox A J5 17 Vi 17 11 It 1 Oil Do 40 44 1 to Aluminum Ind ISO 4JV4 4314 43 43 t- 4 do Arm Lriy Machy 1,14 tt 9(Hi 7( It 1 00 Amer Product. 15 11 "30 19j 10 122 133 1 00 Am.r ltolllng Mill (a) Hi 131 133 131 133X IVi IS 30 1 Amer Tliermo A 114 II U'i II JlVi 47 4B 3 50 Do pf 110 113 1 00 Amrr.d Corp 1,673 113 116K 111 111 t'JO 30 00 Atl.

National 11 II 1 to Baldwin 70 I 00 Dm pf 84 70 71 40 45 1 60 niltmoro Mfg 13 Burner Bros 350 S0 8 00 Carey Mfg 26 SS0 380 131 I 00 Do Ipf 3 Carthage Mill Do pf 25 Si 91 I 00 Central Bran A 30 14 14 276 10 00 Central Trust 1 1 Central ft It A 175 6 00 Champion Paper 10 7 00 Do pf 10 110 110 1 26 3 00 ChurnvoM 112 JJ 26U 26 2614 0 00 Cincinnati Aclv Prod 60 0 60 1 32K 25 Cincinnati Ball Crank pf. i Cincinnati Lnr Corp 67 1 i I 8 Do pf 10 8K 1 I 00 Cln Gas A Elec pf A 45 6 86'4 ti S8V. 110 126 Cincinnati Land (l) 26 1 80 Cincinnati Stockyards 48 47 3 00 Cincinnati Street Hallway 188 4814 46 48 46 14 126 127 4 60 Cincinnati Tal-phoiie 104 12H 15Vj 3 60 City Ice Kucl 40 68 68 29 33 I 60 Coca-Cola Ohio A 80 30 SO 104 6 0(1 Coiumlni Ii 1- A 1st pf 10( 1(1 8 60 Do pf -0 191 101 6 1 00 Crosley flailio (c) i 106 8 CO Crown Overall pf 22 13 160 Crystal Tissue 200 32 22 Mi (4 20 1 80 Dan Cohen Co 35 21 V4 204 126 Dixie Culvert A Metal 26 28 1 00 Dow Drue; 7 27 17 1(1 17 .80 Kaitlo-Plcher Lead 100 16 16 70 3 00 Early St Daniel cl) ..) 350 14 OOlFlfth Third Union (f) I 432 I 16 00Ktrt National I I I ,1 I 76 1 40 Formica (if) I 76 7Vi 78 77 I 7.7- I 30 Foundation Invest I 18 38 36 104 6 00 Do pf 1244 1 64 French-Bauer (dep) 15 1 64 Do (undep) 11 22 1 00 Fyr Fyter 100 21 2114 21 21 1 28fc 30 1 60 Oerrard 8 A 840 29V, 29V4 19 29 46H 48 8 80 Gibson Art 165 4S'A 48 46 48 Mi 00Olole-Wrnlcke 6 83 83 1 37 1 20iGoMmlth (P) Sons 84 8 OOlHatfluId-Campbell pf 61 63 SOIHobart Mfg 60 6114 11 61 611 60 66 1 60Inter Printing Ink 10 62 62 1 100 001 Do pt 20 19 24 30 1 75Jullan-Kokenge 36) 3 20Kahn's paitptg A 25 I I 23 26 Kodel Electric A I 1,0161 21 24 22 24 3 23 1 40 Do pf 1 3 96 1 00 Kroner (k) 100 6 60 Lazarus 1 37 3 OOlLeland Electric 26 27 Leonard Tailors 123 37 27 26 26 (00 13 00 Lincoln Na'lonal 44 3 00 Little Miami special g-td. 46 48 1 to Lunkenheimer 60 63 1 80Manlschewlts (t) 151 504 60 10 60 118 7 00 Do pf 26 78 4 00 Mead PAP 5 7 763 7 00 Do epl pf 26 104 104 17 184 1 00 Meteor Motor, 18 19H 1 40 McLaren Cone A 60 19 19 28 30 2 25 Moores-Coney A 66 28 31 28 29 1 10 00 Nash 4 165 165 40 42 3 00 National Rec Pump 2,164 38 43 38 41 3 38 31 1 75 Newman Mfg 135 39 39 38 38 113 7 00 Ohio Boll Tel pf 5 114 114 i 1 7 1814 Paragon 26 18 18 18 IS 17 18 Do vte (0 3 00 Do pf 100 60 50 1 000 12 00 Pearl-Market Bank .87 88 Procter Gamble 1,091 88W 88 17 88 107 10. 5 00 Do 6 pf 6 108 108 180 8 00 Do 8 pf II 6 00 Pure Oil 1 pt 100 19 18 II 91 19 20 'i Randall Co A 136 20 20 10 13 I Do 162 1 ofnapld Electrotype (o) 240 10 OOiSecond National I 26l 28 I 2 OHICnlted Milk Crate A (p)l I I I I I 131 146 1 4 00IU 8 Playing Card 870 131 141 130 140 I 120 6 00 8 Print and Lith 15 125 121 125 138 3 8 00 Do pf 3 101 101 1 United Producers 114 I I .8 40 United 8tate Shoe pf 6 40 40 16 1 00 Waco Aircraft 10 13 13 13 13 1 73 I I 5 00Vhltalter Paper (r) I I I 400 OQIWurlltter (R) I I I I I would be increased with the expansion Considerable stock changed hands at 130, thereafter offerings becoming scarce.

Afternoon trading brought a of the business. "We have purchased the company, and Mr. Halpin will remain with us," Mr. Shryver said. Nicholson Franklin 811 Traction Building' Phone Main 2321 new high for the stock since 1927, when a few shares sold at 142.

The New York Curb, Cities Service has been active and higher of late. Tho strength is attributed to excellent merger possibilities of the company, and reports that the management proposes to offer rights to subscribe to new stock shortly. Cities Service Is one of the outstanding utility properties in the country. close was at an easier level, 140, net gain of points over Saturday's Arkansas Natural Gas Corporation (Subsidiary of Cltlet Service Co.) Clau A Common Stock Clrcalar Sent an Request FRANK E. WISNEWSKI 833 Union Trust Bide Main 7345 A.

Shryver, who has been assistant manager of the Embry-Rlddle Company, will become Vice President of the company. There will be no other closing quotation. United States Printing was offered In very light ttHimimtiiimiinniiiiimnnitnniTTt quantities, the close of 128 represent ing a new all-time high, with turn changes In the management of the company for the time. over of only 85 shares, for gain of "We have not completed the deal points. National Recording Pump was the for the purchase of the Mason-Dixon air lines, which Is a subsidiary of Latin America most active Issue of the list with sales ot 2,164 shares, featured by activity of the specialist Early In the session the price went through Metal Aircraft, but that may come later.

There is no announcement to make on It right now. There Is no other merger that I know, of In pros the old high of 39, rushing up to 43 Alleghany Corporation. Railroad reports for August snd the first eight months of the year are in line with early forecasts in most instances. In not a few cases substantial gains have been shown over the same period of 1928. Since the Alleghany Corporation la a large holder of rail securities, It Is believed that, should a move develop in this section ot the stock list, it wit doubtless be reflected In Alleghany stock.

The company's shares are estimated to have a liquidating value of around $40 a share. rT IS predicted the next ten Tears will witness pect. There Is no truth In the report and closing points lower for a net that the Wright-Curtis interests are greater economic progress In South America and to take over Metal Aircraft. gain of 2 points. Bids were made for regular lots at 40, offerings held steady at 42.

This stock was also 'We own the Columbus Flying Central America than all the years since the Spanish conquest. Service, and for the present this will active In the Chicago Exchange, with be operated distinct from our other total of 5,000 shares sold in the two cities. Holdings. It is understood that should the A rush of buying In Kodel, based Shryver Interests purchase the Mason upon reported patent developments, brought about an upturn of more Dixon Air Lines, the Columbus Fly Pacts vs. Rumors The investor who before investing seeks out all available facts concerning securities, has the best chance of profltting.

Often, securities bought on mere rumors, or tips, or on meager Information of well-intentioned ac- quaintances, do not measure up to expectations. It is well to obtain latest facts and statistics before investing. We will be glad to counsel you regarding investments. ing Service and Mason-Dixon may be merged. than I points at the closing and high figure of the day of 24.

This Is within 5 points of the peak for the year. Scattered buying In such Issues as The Metal Aircraft Corporation was Incorporated May 2, 1928, the Incorporators being John B. Hollister, Moores-Coney Printing Ink, Alum National Cash Register. The National Cash Register Company is celebrating its fiftieth anniversary, and has under way an advertising program telling of the progress made by the company during this period. The management la looking forward to greater progress In the future, and to building a greater business with modern business machines.

Both domestic and foreign sales so far this year have been show No other land holds such possibility for the de elopment of Hydro-Electric power. ALL AMERICA UTILITY SECURITIES CORPO-RATION will share in the prosperity of these public' utilities. Information on request. W. IE.

IDIEAN C. MAIN 706. 710 Dixie Terminal Bldg. Ralph Gralchen, T. Higby Embry and inum Industries, Cincinnati Gas and American Thermos A resulted in minor upturns.

J. C. Herman. Officers elected were Henry Yelser President; Vice Presidents, Julius Fleischmann and The remainder of the list was a Plus 6 per cent stock dividend, No stated dividend, Plua 4 per cent stock dividend, Plus per cent stock dividend, Plus II extra, Plus 95c extra, Plus Thomas E. Halpin: John B.

Hollister. per cent stock dividend, Plus 25c special dividend, Plus 6 per cent stock divi soft, Amrad, Procter Gamble and American Laundry Machinery ac Secretary, and Thomas E. Halpin dend. pPlus 32 participating dividend, Pius 1 extra, Plus 4 per cent stock dividend, Plus 3 per cent stock dividend. Treasurer.

Other stockholders were TCS HXRRICKCO; counting for the greater portion of ing substantial Increases. Total sales were 12,437 shares. Powel Crosley W. H. Chatfleld.

J. J. Rowe, J. C. Hermann, T.

S. Good trading, and each closed fractionally lower for the day. The radio Issue CUYAHOGA B'UILDINQ New Haven. In August New Haven continued Its man, E. F.

Lunken and T. H. Embry. CINCINNATI: UNION CENTRAL BLDO. by Chicago and Minneapolis bankers.

opened strong at 113, reached up to a new high of 116, and sagged to close at 111 for a net loss of a quarter. Profit-taking was absorbed to excellent earnings record, reporting share and that underwriters will assume all expenses Incident to organization, issuance and distribution of securities, while they In turn, will pay 33,500,000 for warrants entitling Application will be made to list the Class. stock on one of the Chicago Exchanges. At present the stock In ward the close, bids and offers being an increase In both gross and net operating income, reflecting In a largo measure more economical operation. The net railway operation Income In- traded in on the Cincinnati Exchange readjusted at 110 and 113.

and the New York Curb. GOSSIP OF WALL STREET them to purchase 700,000 shares of stock at 330 a sTTare or 36 a share Laundry Machinery held fairly within two points' fluctuations, open over the offering price to Guardian ing at 98 and closing at 97, down Detroit Union Group stockholders. Procter Gamble was more Result will be a paid In c-iah capital of $36,400,000 and a liquidating value Investment Procter Gamble Co. Common and Preferred Stocks active than during recent sessions, Electric Deal Proposed; Exchange Of Securities Jz Planned. In Jlerger SrSCLU, DISPATCH TO THS XNQClXts.

New York, September 23 A good the price holding closely to quota on 1,400,000 common shares to be out standing of $26 a share. deal of uncertainty appears to exist tlons In New York. The opening was high at 88. stock selling a point lower and with Vie close at 88 for with regard to the Immediate course E. D.

IRlVlfl CO. V. D. IRWIN. Formerly ot Irwin, Ballmann Si Co.

Members Cincinnati Slock Exchange BROKERS and DEALERS in STOCKS, BONDS and COLLATERAL LOANS. 21S Fourth Nat'l Bank Bldg. IS B. FOI'KTR Opp. Nlnton Hotel.

TEL. MAIN of stock market prices. At the start Plans New Trust. Throckmorfon A Company, spon net loss of a half point New York, September 23 (API- Such Issues as Cincinnati Car of the new week the market continued a highly selective affair and while the trend of prices was toward sors for Diversified Trustee Shares, announced the formation of a new Definite announcement of the terms Philip Carey Mfg. Co.

Common Stock Gerracd, United Reproducers, Churn gold, Gibson Art and Cincinnati Tele lower levels many individual Issues by which Electric Bond and Share tnvestmont trust In conjunction with phone were steady to' slightly easier gained ground. Some feeling of ap a plan for adapting the benefits of Company. will acquire all assets of in tone. American Rolling Mill prehension has been created by the Electric Investors, was made to' dropped 2 points to close at 132. fact that reports coming from Indus Champion Paper preferred, Adver 44444444444444444444444 trial centers say that conditions are day after meetings of the boards of tislng Products, Formica, Fyr Fyter, both companies.

not all what plight have been desired, but then Is polntd out that Hobart, Mead Pulp and Paragon pre We are pleased to announce that Mr. Hiram A. Quackenbush Is now associated with us in the Brokerage Department of our Cincinnati office many major developments are planned Subject to ratification by stockholders, Electric Bond and Share will exchange eight shares of Its Common ferred were each a point or more down at the close with odd-lot trades. Waco was at a new low of 13, down between now and the end of the year and should they work out according a point, with sales of 10 shares. United States Playing Card Company Stock American Laundry Machinery Co.

Stock Kemper-Thomas Co. Common and Preferred Stocks stock for each five shares of Elec Investment management to collateral share trust without departure from fixed trust principles. The plan contemplates the creation of fixed trusts in series so as to afford periodically a more up-to-date selection of stocks and to err body Improvements In structure as compared with the earlier leties, i Investors will be given an opportunity to avail themselves ot such improvements by exchange ot old into new shares with a resultant savings in income taxes on profits to the extent that slocks In the new series are a duplication of stocks In 'the earlier series. An offer-. Ing of securities of the new trust will trio Investors.

Holders of Electric Investors preferred will receive the preferred of Electric Bond and Share To Issue Stock Bights. Directors of the-United Reproduc ers' Corporation, which recently pur on a share-for-sliare basis, with the option of taking $100 In cash Plus chased the assets and plants of the Aluminum Ind. American Laundry Gn'liSt. Rwy. Co.

Cin'ti Car Corp. Vulcan "Corp. Bought Sold Quoted WESTERFI ELD CO. Members Cincinnati Stock Exchange 1003 UNION TRUST BLDG. MAIN 1726 Buckeye Incubator Company, have sent notices to holders of Class to present plans business leaders have nothing to worry about with regard to fundamental conditions.

Much Importance was attached to the fact that U. S. Steel in today's session was prominent on the upside. Not only did it fall to break Its last low level of 230, but at one time sold more than 6 points above this figure. There has been some let-up In steel operations during the past few weeks, but even In face of this Indications now are that from a production standpoint 192S will prove the greatest on record, and from an earnings view the year will be the accumulated dividends for each share.

Electric Bond and Share stockholders will vote on the plan at their stock offering one share of new stock at a share for each four shares be made within a few days by a large country-wide dealer organization. held at the close of business Septenv annual meeting on October 9, while Electric Investors shareholders will ballot at a special meeting called for October 11. OTIS CO. Established 1899 Members Neu York and Gncinrmti Stock Exchanges' ber 28. The subscription privilege Gncinnati Suburban Bell Telephone 'Co.

Stock will expire October 14. i Bank Clearings. Cincinnati Clearlns, $12,538,653. In an accompanying notice the same privilege is accorded holders of com New York Exchanges, 3566,000.000: bal Stock To Be Split. Directors of General Gas and Elec- mon stock of the Buckeye Incubator Reserve Bank D-i-rareat neace time period in tne ances, iiftn.ouu: reaerai creditor, 1123,000,000.

Company who have not exchanged trio Corporation voted to spilt Class bal- Chicago Clearings, 1103,300,000: their stock for that of United Repro ducers. ances, is.zuu.uuu. Oncinnati Street Railway Co. Stock common stock and Class on Boston Clearings. 165.000.000: batanoea.

the basis of five for one. Transferable warrants, representing the subscription rights will be mailed to stockholders after closing of the Detroit Clearings. 668.080.000- halances DIVIDEND ACTIONS 92 Stock Offering. United Thrift Plan, Class Pittsburgh Clearings. I34.46l.001:' bal books.

ances, Ponnsvivanla Power Company declared Cleveland Cloarlnrti $24,000,0001 bal The new Issue, representing 98,187 shares of United Reproducers' Class regular quarterly dividends 11.60 on 4 per The Irwin-Ballmann Co 1 Investment Securities i 828-830-382 Walnut Streets ances, 112,000,000. capital stock offered to the arnount of 70,000 shares by a syndicate headed by Midwood Financial Corporation at 16. stock, authorized but unissued, will be sold to secure new working capital. All stock not purchased by stockholders has been underwritten SETTLEMENT DATE DELAYED. Stock Exchange Acts To Ease Con.

Central Public Service Corporation Operating in Over 338 Communities in 21 States Forms Foreign Subsidiary. Entire foreign business of the dltlons In Hatry Collapse. London, September 23 (AP) An Johns-Manville Corporation has been taken over by Johns-Manville International Corporation for purpose of more efficiently developing that busi air of suppressed excitement per meated the stock exchange this morn 'HE CENTRAL PUBLIC SERV- ness throughout the world. R. Seigla is President of new subsidiary.

ng over the Hatry collapse, but there cent preferred, payaoie uecemoer t. record November 20, and regular monthly dividends of 65c on 16.60 preferred, pay-able October 1. November 1 and December 3 to record Beptember 20, October 21 and November 20. respectively. Southern Indiana Oaa Klectrle Co.

declared regular quarterly nlH per cent on 7 per cent preferred, 1 V4 per cent on per cent preferred and 11.65 on 6.6 preferred, payable October 1, record September 26. Regular Quarterly Dividends. North American Mht Power Company declared regular quarterly dividend of 11.60 on cumulative preferred, payable October 1, record September 20, The People's Bank A Savings, Cincinnati, 3 per cent, October 10, record September 30. Htahl Meyer, 11.60 on preferred, October 1, record September 20, Darby Petroleum Company, 26c on common, October 16, record October 4. Lawyers' Mortgage Company, 70c, Beptember 30, record of September 23, Consolidated Paper Box, 26c on October 15, record September 30, Stocks Ex-Dividend.

ICE CORPORATION oper- were no evidences of panic. This was due largely to the action of the Acquires Becker-Ryan. Stock Exchange Committee, which de Sears, Roebuck A Co. has acquired controlling Interest In Becker, Ryan elded that settlement of differences A which does an annual business In the affected stocks would be post poned to a later, date. of $4,500,000 to $9,000,000 a year, ac cording to an announcement.

The present organization and manage The tfme thus allowed will enable the necessary financial arrangements This Company is well sponsored by large banking houses. Class, Common Stock is earning nearly $4.00 a share and is selling around 55. We believe that an advance can be looked forward to. Cash dividends are $1.75 per share, or the stockholder may elect to take 1-1 Oth of Class Common Stock in place of the cash dividend. In other words, the stockholder having 100 shares of Clau Stock may elect to receive 10 additional shares per year, in lieu of the cash dividend.

ment will be maintained. ates gai, electric light and power units in the eastern section of the United States, as far west as Wisconsin and from Canada to Florida. The Company's expansion during a period from June, 1925, to the present time, represents an increase of 239 in customers served. A large increase in earnings is expected as a result of an extensive expansion program during 1929. Shattuck Buys Company.

G. Shattuck Company has ac Wednesday. September American Chicle, 15 per cent stock. quired all of outstanding common stock of W. F.

Schraft Sons Cor Bank Stock Trust Shares These shares enable you to invest large sums, or small, in a group of selected New York City bank stocks and participate in their increasing values. Twenty leading New York bank stocks increased in value more than 250 in the past seven years. In addition to average annual appreciation of approximately 35, they yielded an average cash income of more than 10 a year Price of Bank Stock Trust Shares, at the about $36 per share. The Tillotspn Wolcott Company Investment Securities Tenth Floor, Union Trust Cincinnati Please send descriptive circular on Bank Stock Trust Shares, Series C-3 Name Beech Nut r-acKing common, oc. Canadian Car Sc.

Foundry preferred, 11.75. anana Norm r-ower common, ion. Central Alloy Steel preferred, 11.75. Chlrago Pneumatic preferred, TVtC Kdlson Bros. Htorea common, 26c.

Farmers Merchants National Bank, poration for consideration of $8,760,000 cash and 65,000 shares of F. G. Shattuck common stock. To finance cash part of transaction Shattuck Company will offer stockholders of record October 1 right to subscribe to 175,000 shares of common stock at $50 a share In ratio of one for six. Rights expire October 21.

4Vj per cent. Klrst National nanK, per cent. Kltst National Bank Company, 20 per cent. Haves Bony, 2 per cent stocK. International Harvester common, 62t4c.

International Paper Printing, 6 per to be made an.4 to allow the settlement In other stocks'now In progress to be negotiated more easily, although there will be some big differences to be met. The market opened subdued, a shade lower in most departments. Thus far the Hatry difficulty has caused one suspension on the Liverpool Stock Exchange. Following a week-end of Investigations by a special accountant. Sir Gilbert Garnsey, and assistants Into the affairs of the Hatry Company, Sir Gilbert this morning met the Directors and officials of the Hatry group companies behind locked doors.

Later, solicitors for "Corporations and General Securities" announced that application would be made for the compulsory liquidation of that company. It Is understood that application will be made for a similar winding up of three other concerns. rent preferred, 1.5u, and 7 per cent preferred, 11.75. Price Class A Stock About 55 Per Share We Invite Inquiries J. R.

Edwards Company 303 DIXIE TERMINAL BUILDING Telephone Main 960-961-962 Liberty Hiking preferred, 11.75. I.oraln Btreet Savings Trust, I per cent. Procter fiamnle prererren, iz. Ht. Louis Lnlon Trust, 4 per cent.

Tobacco Products common, 25c. Travelers fihoe Htorea, 37 ftc. Union Planters Bank Trust, I per cent. Wells Fargo Bank Union Trust, 3 Form Investment Company. Plans for formation of large Investment company under auspices of Detroit financial and banking Interests, designed to materially broaden the city's financial facilities, are revealed in announcement of $36,000,000 Great Lakes.

Corporation, sponsored by Guardian, Detroit Union Group, Inc. Official statement points out that 1,400,000 shares are to sold at $25 a per cent. weiuern Electric, xi. Western Union Telegraph, II. West Coast Oil, 14.60.

American Bond A Share common, 3 per cent stock, and preferred, 60e. Trade Bank ef Nw York, $1.10..