Baker Barber

That baker's man, so often solicited with the "pattycake pattycake" of nursery rhymesters to bake cake as fast as he could, was, last week, facilitated in the accomplishment of this by a $450,000,000 Bakery merger, announced by George F. Barber, Secretary and Treasurer of the United Bakeries Corp. The merged interests, incorporated as the Continental Baking Corp. of Maryland, will issue 2,000,000 shares of 8% cumulative dividend preferred stock, par value $100 a share; also 4,000,000 of common stock without par value. It was rumored that the Ward Bakery Co., the Loose Wiles Biscuit Co. and the American Bakery Co. may be included. Said Baker Barber: "The business of baking bread and cake looms brightly on the horizon of business enterprise. . . . about 50% of all baked goods consumed in the United States is still baked in the home by the housewife. This presents opportunities for increased business."