Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-10
FINANCIAL BRIEFS

Thomas SHELTON Harrison was elected
director OF the West End Trust Com
pany.
Lewis e. waring was today admitted
as general partner in the Arm of Chandler
Brothers & Co.
The New York banks gained from Sub
treasury yesterday Si,920,0OO and since
Friday last have lost Sl6,OO6,OOo.
Chicago Stock Exchange memberships,
which were offered at $3.50 net to buyer
fortnight ago, are now held at sll76.
The Lindsay Light Company resumed
dividends on the common stock by de-
claring l per cent.
over thousand shares of Keystone
Telephone changed hands before midday.
The Goodyear Tire and Rubber Com-
pany reports for the year ended October
81, 1914: Net Income, s., 39l 600 out of which
was paid Z per cent. dividends on the
preferred stock and ~ per cent. divi-
dends on the common. The earrings were
equivalent to more than S6 per cent, on
the common stock,
Leading New York bankers state that
lin has recently scored a sharp advance
is that the German Government has
succeeded in establishing large credits
in New York as a means Of providing for
the purchase of supplies in this country.
Plans are being evolved for a reorgani-
cation of United Light and Power Com
pany OF New Jersey, owner OF all the
stock and most of the bonds of United
Light and Power Company of California,
The committee of reorganization is now
securing signatures from the note hold
ers TO an agreement to exchange the
per cent. notes In the old company for
B per cent. bonds In a new company, the
principal and interest of the new bonds
to be guaranteed by Great Western
Power Company controlled by Western
Power Company
The City Water Company OF East st.
Louis, a subsidiary OF the American
Water Works and Electric Company, has
Issued notice to holders of the 81, ,l35OOO
trst mortgage bonds maturing January !,
1915, regarding a proposed extension OF
the bonds for three years, The COM
pany agrees TO pay interest at the rate
or per cent. per annum and also upon
receipt of the bonds for extension $40 for
each 5000 bond deposited
Philadelphia bankers interested In the
National Properties Company OF VIII
mlngton, announce on behalf OF the COM
pany that through It's ownership OF the
Wilmington and Philadelphia Traction
Company and the Wilmington Light and
Power Company IL has secured control
OF the T.. l. du Pont de Nemours Powder
Company's electric transmission lines, dis
tributing system and light and power
business In the Brandywine valley. from
Wilmington 70 WinteFthur.
There has been admitted 70 the regular
list OF the New York Stock Exchange the
following; Atlanta and Charlotte Air
Line Railway Company, t5,5OOO00 first
mortgage SO-year fh per cent bonds.
series "A" due 1874; the Pittsburgh. Gin
einnau, Chieago ana So. Louis Railway
Company, N,45T.400 additional preferred
capital stock InteFborough Metropolitan
Company, s2s, 7si,l00 additional per esnt
accumulated preferred stock on onieial
notice OF insurance, In exchange Tor opt-
standing preferred stock voting trust GER
tihcates.
Emery, Freed 8 Co were buyers Of
Cambria Steel
George c. Lee. OF Lee, EIigginson &
Co, has been elected a director Of the
American Agricultural Chemical Com
pany, % succeed the late Gardiner M
Lane
The New York Cohea Exchange Com
mittee, which has ben considering trad
ing In sugar futures on the local ex-
change, az its meeting decided to rec
ommend 70 the board Of directors that
trading IN sugar futures be commenced.
A New York Conee Exchange mem
bership sold today FOR Silo0. The LAST
pFeeedins sale early this week was Tor
sl345.
Boston ana Worcester Electric Com
nanies 81 On preferred, EHyahla January
+ % shareholders Of record December -
:. Howard Moody has become asso-
elated Hith Parrish g e..