Deals & Developments

Trap. Wall Streeters made up new jokes last week when the New York Curb announced admittance to unlisted trading privileges of the 75,000 shares of Animal Trap Co. of America, Inc. The company carries on a business started in 1896, manufactures "traps for ensnaring rodents and fur bearing animals." Its office is in Lititz, Pa. Depression has not passed it by, for in 1928 Animal Trap Co. sold $1,475,000 worth of traps, made $284,000; last year its sales were $777,000, its net, $81,000. The first sales were at $14 1/2 and "Trap" gave little indication of becoming a trading favorite.

Bread & Gas. Panem et circenses, bread and circuses, were the prime requisites of happiness for the plebs of ancient Rome. Bread and gasoline are prime popular requisites today. Last week no wise Emperor but two ferocious price wars made bread and gas fantastically cheap in San Francisco--three loaves for 10-c- and 7-c- a gallon.

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