Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-07-26
Financial Briefs

New high levels were made today by
Bethlehem Steel-both common and pre-
ferred-American Can, Baldwin. National
Enameling and Cambria Steel scrip, while
Missouri Pacific reached new low.
A certificate OF membership in the
Philadelphia Commercial Exchange be-
longing to John Bowers & Co. was sold
at auction today for sis. The member
ship was purchased by William Richard
son, of Richardson Brothers The last
previous sale was Sl29
There has been placed on the regular
list OF tho Philadelphia Stock Exchange
S19i, 900 additional stock of the American
Telephone and Telegraph Company and
$3.50 additional permanent preferred stock
of the Interstate Railways Company.
There has been struck off the regular
list $4,000 Standard Gas and Electric
Company convertible sinking fund per
cent. bonds 1926, redeemed and Cancelled
and $4,000 Philadelphia, Wilmington and
Baltimore Railroad stock trust certif-
Gates As Cancelled by sinking fund.
Discussing the condition OF the United
Gas Improvement Company, the presl-
dent, Samuel T. Bodlne, said: "Our out
put OF gas from all over the country
shows gain OF l per cent. for the first
six months OF 1915 as compared with the
1914 half year, which under the clrcum-
stances may be considered gratifying
This means that the receipts of the
United Gas Improvement Company from
It's regular business will also be some
what larger for the six months just
closed. Last years total profits included
the sales OF some securities, but so far
In 1915 no such sales have been made. The
main feature of this years operations
has been the reduced cost OF materials.
principally oil, which admits Of larger
margin OF profit in the manufacture Of
gas"
New York banks gained SSS0000 from
the Subtreasury Saturday and since last
Friday S7s4,OOO.
The total gold output Of the Rand mines
in the TransvaaI for June, 1915, was 765.SSO
ounces, of a total value Of e3.2Os, 224. The
production In May, 1915 was 763,5is ounces,
OF a total value OF R3.243.34 In May,
1914 the district produced 7l7,98 ounces,
of total value of RSOi965s.
It is rumored that the United States
Government is TO take over the property
OF the Electric Boat Company. Stock Is
$50 bid, last sale. s52
Regarding the Cleveland story OF the
proposed merger OF independent steel
eompanies. President f. C. FELTON,. OF
the Pennsylvania Steel Company says:
80 far as know there is nothing In IT,
The keystone Watch Case Company Is
said 10 have an order for caps for shells
at its metal works. but not OF very great
size. The metal works OF the company
are stated TO be quite busy.
A.,.4t,. usaaaral Ragarya
agent OF the Federal Reserve Bank OF
returned today from trip
10 the Pacific coast Mr.. Austin said that
he crop outlook throughout the West Is
very good, but general business Is very
slow.
The large copper producing companies
quoted copper metal today at iS'aazOe'
The Department OF Agriculture will
issue a report al noon on August z show
ing cotton conditions as OF July %
There was no opposition at the hear
ing on the confirmation OF the sale OF the
bankrupt Pope Manufacturing Company
sol S7ss 600 10 II. H Preston Coursens
who represents a group OF New YORK
bankers. Judge Dodge, In the Onltsa
states District Court will enter written
decree IN the latter part OF the week con-
hrmlng the sale.
National Cash Voucher Corporation has
been chartered in Delaware with eapi-
faI ~ n OO0.08o The incorpoRatora are
clarence &. Jacobs. M. l. Rogers and
Harry ". r. Davis.
stanhope S. Goddard. Of Nuttall God
dard & Hunter. Pittsburgh, has bought
a seat on the Chicago Stock Exchange
Tor 5000. an advance OF 500 over the
previous sale.
NOTES OF THE RAIL
Proposals Of railroads running INTO
New York city from ths Msss ana sns ne