New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-15

|
| 1918
! Alderman & Coles have issued circu-
lar on the Standard Oil Company OF Ia
diana, I'm which they say. Based on the
estimated crude capacity of this company
and on the known profits at the present
| time Of similarly located plants, this COM
pany should net at least % cents oarrei
on every barrel Of crude oil refined Whlch
would mean an earning OF IS per cent to
* ucr cent net A year on its present CAPT
talization."
! The Interocean Oil Company has been
organized. with X. r. GOWN AZ president
| Western oil and Mexican interests TO-
eether with men formerly connected with
the Barber Asphalt Company. are said 10
! he the promoters OF the new company
which takes over the business OF seVeral
concerns engaged in the asphalt, oil and
TRANSPORTATION business and agencies TOT
the sale Of fuel oil at Havana Cuba and
Rio de Janeiro, Brazil.
| < B. williamson, since 1906 DIVISION ell
sineer Of the Pacific division OF the Pan
anna Canal construction, has resigned 10
enter the service of ]. q. White a Co.
Ltd, as principal assistant engineer at the
latters London office.
| The steamship Mauritania, which ar
rived late Friday night. brought N,"o'vp
| gold. consigned as follows: To the Guar
anty Trust Company. $500, and TO
| Kuhn, Loeb q Co, $1,000.
! Directors Of the Empire State surety
| Company are planning TO tuIn the anairs
of the company over TO the state lnsur-
ance Department for liquidation. AS re-
quired by law. The recent examination -
the department showed assets on Deem
Der 10 amounting to $500 from which
| is deducted S2S0 In cash in suspended
hanks and N4O.3S3 outstanding premiums
over ninety days due, leaving net assets
Of s5O7, se5; liabilities total ti3S.25l; policy
holders surplus is 569,74S, and claims fled
against the company aggregate N,"lSS2.
| The Continental San Company. the Io-
Gently organized competitor of the Amer
lean Can Company. is building At Bay
! view Junction Ma. what II rs believed
will 6e the largest can manufacturing
| plant In the world. Ii is said that it's Ca
pacity will be more than 100000 stand
ard packing cans year, and fifteen nm
dred hands will be employed.
| The Chicago. Rock Island & Pacific
Railway Company has sold $1,000 AZ
per cent equipment notes, series q, dated
July /, 1921. The agreement under which
the notes are issued is made between the
Rock Island Improvement Company, IS
vendor the Chicago, Rock Island Pa
cifc Company and the Bankers Trust
! Company, as trustee. The total cost Of
the new equipment was S,5J7,7Ss, Of wbich
amount Si57,7S5 has been paid in cash.
The $3.50, S26 per cent receivers certif-
Gates Of the Wabash Pittsburgh Terminal
Railway due December / have been
extended TO June I, 1918. The $1,000 GER
tfcates which fell due on November
were recently extended TO February !.
1913.
BY order Of Mr.. Dryer, the referee in
bankruptcy. the properties Of the South
ern Iron and Steel Company will be sold
at public auction at Birmingham. Ala,
| on January 81 The sale is the first step
toward the reorganization Of the com
pany. -
The statement OF estimated gross earn
pany from July to December showed a
total of $3.50, 90. compared with S.lll.sl9
for the same period OF the previous year.
This indicates an increase OF rT,l40. The
estimated gross earnings Of the Cincin-
natl, New Orleans & Texas & Pacific COW
ering the same period were r,SS,95l. a
gain OF tl75,s1.
Deeds have been fled in the Vinton
County Recorder ONCE at Hamden, Ohio.
together with the first adjustment mort
gage OF $4,000 in the case Of the Knick-
erbocker Trust Company OF New York
against the Superior Coal Company. CT
Wellington. Ohio. The Superior COM
pany has recently been reorganized under
the name OF the Superior Galleries Com
pany and is said to have holdings in
Jackson and Vinton counties.
A charter mas been granted at Albany
10 the American Locomotive Sales Cor
poration of Schenectady, y. Y. with a
capital OF $1,000. II is said the COM
pany will take over the business Of the
sales agency of the American Locomotive
Company In California. which VIII avoid
the payment of the state tax on the en-
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