Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-02-15
FINANCIAL BRIEFS

The Special Committee Of the New
York Stock Exchange has established the
following minimum prices, to take ef-
feet tomorrow. International Harvester
Corporation common, 63 preferred 9S;
Loose-Wiles Biscuit, first preferred, 30;
second preferred, 80.
The gross earnings OF the United Rail-
| ways Of st Louis for the year ending
, December a. 1914, were sl2, i5O,924 decrease
$5l,72O; net after operating expenses and
taxes, sS,126,296, decrease 1884, surplus,
| SoOS,Op decrease $390,9S9
| The stockholders of the Cleveland Gin
cinnati, Chicago and st. Louis Railway
will, hold a special meeting on March 10
! for the purpose of authorizing that COM
| pany &c joir with the Pan Handle and
| Vandnlia in Jointly guaranteeing the pay
ment, principal and interest, on $4,000. 900
bonds of the indianapolis Union Railway.
The capital stock of the latter company is
owned: BY the Big Four, 10 per cont. |;
Pan Handle, 40 per cent. and Vandalia,
20 per cent
The number of Pennsylvania stockhold-
ers which will participate in the dividend
payable on February q is 9l,967. The
women stockholders number 4i.347, or
1872 per cent. of the total. Foreign hold
ers totai ll,9l2, against II ,622 last June
showing 800 more foreign holders than
before the war hegan.
There has been added to the unlisted
department of the Philadelphia Stock
Exchange Cambria Steel Company div-
dend scrip. payable February 10, 1917.
subject to redemption February l5, 1916,
interest at rate of per cent. per annum.
from February 10. 1915, payable Febru-
ferable at Office of the company, Morris
Building Philadelphia.
Paris & &c. were buyers of Rapid Tran
sit.
The Cambria Steel Company is sending
out notices to its stockholders, asking for
proxies in the names of w. H. Donner,
z. b, Morris and Alexander p. Morris to
be voted at the stockholders annual meet
ing on March 16.
Net earnings of the Tonopah Belmont
Development Company in January were
S15,159 against S1176N for December.
There has been placed on the regular
list of the Philadelphia Stock Exchange
$500 additional American Telegraph and
Telephone stock and S32, 900 Virginia Rail-
way and Power Company additional 1st
and refundtng per cent. bonds.
The net profits OF the Jim Butler Min
ing Company for January were $lS,l59 |
against slS,Ss9 in December.
The price of raw sugar fell ls points,
to 4H.
The annual meeting of the Philadelphia !
Warehouse Company was held today and |
Beauveau Borie, C. S. W. Packard and |
Edward S. Dunn, the retiring directors, /
were reelected for a term Of three |
years.
The Mercantile Trust and Deposit Com
pany, of Baltimore, has formed a syndi-
cate to underwrite an Issue OF S2500,0O0 |
three-year per cent notes of the re-
organized Mt, Vernon-Woodbury Cotton
Duck Company. The proceeds of the
issue will provide the company with am
pie working capital for the next three
years.
Albert W. Morton. of woelpper, Craw-
ford & Co., was elected a director OF the
Cities Electric Company,
The 1855, 800 State Of Massachusetts, 4
per cent. bonds have been formally
awarded to r, L. Day & Co. and Esta-
brook & Co, on their joint bid Of l0l.6l9.
The Is per cent. cash which will be paid
to those creditors OF the II. b, Clahin
Company who agreed TO the reorganiza-
ton plan will require approximately S.
OOO, 600. One OF the receivers said that
this amount would also take care OF those
creditors who did not assent to the plan
and who are TO get 20 per cent. for their
claims In full.
The BFier Hill Steel Company has sold
Al par and interest sl,s00.0O0 LIST per cent.
nonds maturing $4,000 annually from
February /. 1918, to 1896, inclusive.
City OF Salem. Mass. has awarded an
ssue OF 100000 I per cent. loan act OF
si4 bonds 10 Naumberg Trust Company,
of Salem, at iO2.Sa
city Of Medtord. Mass. will receive
lids until February Is for purchase -
discount OF a temporary loan OF $4,000.
The Palmer Union OIL Company Is ask
nE bondholdeFs 10 agree 10 an extension
y April coupons on 10000 per cent.
ponds IN order that the money may be
ised for drilling.
The committee OF holders OF preferred
tock OF United Traction Company OF
intends 10 call meeting with
a a few days for the purpose Of present
ng the whole program of contemplated
.ctions Of the committee before them
.lsO 20 let every stockhoider learn e4-
Ictly where hey stand under the operat-
~ agreement made in 1909 with the
'iltsssf6h AsilEays eopapanE