Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-07-06
BANKS EXPANDED SURPLUS
Financial Briefs

The Union Powder Corporation has be-
gun operations at its plants at Parlin.
n. J., and is turning out smokeless
powder at the rate OF about 100000 pounds
per month. This is the new company
headed by T. A. Gillespie, the New York
contractor The entire output Is being
turned over under contract to the
Canadian Car and Foundry Company,
which attends 10 the transportation. The
Canadian company uses the output in
filling large ammunition orders placed
with 1t by the Allies.
Subscription lists to the new British
war loan close on Saturday.
Bell Telephone Of Pennsylvania and
Philadelphia Company common we're
quoted ex-divdend.
The New Jersey Zinc Company an
nounced a wage increase of 10 per cent
The New York banks lost to subtreas-
ury Saturday S1,763OOO, and since Friday
last $ll,6I00O
Tho total money in circulation July l,
1915, was s35s5. .l40626, as against S3,52i,-
Sss, $50 June /. The increases were prin-
clpally in the items gold certificates, gold
coin and Federal reserve notes. There
was n decrease in national bank notes In
circulation. The per capita circulation
July ], 1916 was s35.5o 1914, s3i53i 1913.
s346l
Du Pont Powder was quoted 700 bid in
Philadelphia.
A. B. Leach e Co. were the success
full bidders for $4,000 city Of Utica, n. y,
~ per cent. fire department Improve
ment bonds, maturing $1,000 annually from
July !, 1916 to 1895. inclusive.
The Philadelphia United States Mint
during the fiscal year ending June 30,
1915, minted coins Of various denomina-
tlons having total value of SSi69,3d7
During the fiscal year of 1914, the total
value of the coinage was S,32E3l6. The
Mint also filled orders for other countries,
Cuba receiving coins in 1915 having a total
value of S52is,6lS; Costa Rica, sls6,427;
Ecuador. 100000; Salvador $206OS0. In
the fiscal year OF 1914 Salvador received
S2,7o0,02s
For the year ending June 30, 1915, Gal
weston exported 50,374,696 bushels of wheat,
against 9,236,17l bushels in the previous
year.
There has been placed on the Phladel-
phia Stock Exchange regular list the fol-
lowing additional securities of various
companies; 500 100000 consolidated mort
gage gold bonds of the Pittsburgh. Gin
clnnati, Chicago and ST. Louis Railway.
embracing S9,5S7,O00 series G 4s, 1867; ST.
900 900 series II As 1860. S700O.0OO series 1
4ihs, 1863. and S349i, 900 series j 4iRs. 1864;
SJl1,OOO Philadelphia Company flrst and
collateral trust 5s 1910, issued in exchange
for bonds of subsidiary companies; 1924, 900
American Telegraph and Telephone stock
and S226,SOO Philadelphia Rapid Transit
voting trust certificates and $500 Amer
lean Milling stock,
The Interborough Consolidated Corpora
ton announced that owing to the rush
this morning, no more common stock OF
the Interborough-Metrop Company
would be accepted for exchange today.
Further exchange will be resumed tomor-
row morning. About s35 100000 of the
$45, 10000 preferred stock of the latter
company has been exchanged for Inter-
borough Consolidated preferred, and divi-
dend checks on this amount were mailed
Monday.
The visible supply of grain in the United
States follows: Wheat, 1881 900 bushels,
decrease 2,25l, 900; corn. 5,312,O00 bushels,
decrease 1859 600; oats, 4,3O4. 900 bushels, de-
crease 167s.OOO. Bonded wheat. PAS, 900
bushels. decrease 5000 oats, $1,000 BUSH
els. decrease $4,000; barley, 1900 bushels,
unchanged. Visible supply of Canadian
wheat. 100000 bushels, decrease 32T, 900;
oats, 100000 bushels, decrease 256,OOO.
At auction today, Samuel T. Freeman
& Co sold 1 share Farmers and Me-
chanics' National Bank at 1924.