Deals

Goodrich-Miller. Suffering from lower crude rubber prices and competition, Miller Rubber Co. of Akron has not done well since 1926. Last week another Akron company, B. F. Goodrich Co. (Silvertown Cords), proposed a merger. Chief Miller products are tires (Miller De Luxe Balloon: "The tire sensation of a decade"), but the company also makes a complete line of rubber goods. Another recent step in Goodrich expansion was the acquisition of Hood Rubber Co. (TIME, Sept. 2).

Philadelphia Banks. A merger was proposed last week between Integrity Trust Co. and Market Street Title and Trust Co. Combined resources of the new bank would be $89,000,000.

Cleveland Banks. In 1920 the American Brotherhood of Locomotive Engineers formed Engineers' National Bank of Cleveland, one of the first labor banks in the U. S. Last week it was announced that Engineers' National would be one of three banks to be purchased by Citizens Bank and Trust Co., now being organized. Sale of Engineers' National is in accord with the Brotherhood's recent decision to retire from active banking. On the Pacific Coast, Brotherhood banks in San Francisco and the Northwest have been bought by Calitalo Investment Co., a holding company. With the passing of Engineers' National there will be only two national banks in Cleveland, where once there were 14.

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