Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-09-02

Financial Briefs

! The Comptroller OF the Currency's Of
/ hce, In Washington. announced that a
national bank call will be issued within
| the next few days 10 ascertain the con-
| dition OF banks, particularly In the South
| The call is believed 10 be in connection
| with the plan OF Secretary McAdoo to
aid the cotton growers
The Eastern Steel Company today
closed a contract for $1,000 tons of steel
bars for conversion into shells The price
obtained was considerably above the
recent quotation.
The Lackawanna steel Company has
redeemed all Of its outstanding preferred
STOCK. Only 60 shares were ever issued
Tho Consolidated stock EXCHANGE has
decided to Issue a limited number OF new
seats at $1,000. i'm order to meet the de-
mand for applications for new member
ships. This has been brought about by
present activity of business in Wall
street and the growth of odd lot trading.
George a. Huhn & Sons and Arthur
Upper Il Co. were the principal buyers Of
Electric Storage Battery.
Continued Improvement in freight trafilc
on the Pennsylvania Railroad Is reflected
IN the loaded-car movement figures for
the month of August. Tho total number
/ OF loaded cars passing eight typical Juno
tton points last month was 500 2iO an in
crease of $3.50 over August. 1914 The
only point at which there was decrease
shown was Dauphin, where 1900 less
loaGed cars were noted in August this
year than last year The movement OF
company coal for storage increased the
1915 hgures somewhat.
The New York Stock Exchange has ad-
mlttcd to list Pennsylvania Railroad s4s-
I62'OO "a per cent consolidated mortgage
bonds, issue of 1915. due 1860: Virginia
Carolina Chemical S5,OOO OOO lO-year 6 pcr
cent. sinking fund convertible debenturcs,
due 1924; Republic Iron and Steel $685.
OO 1880 year per cent. sinking fund
mortgage bonds. due 1910
The Pacific Mail Steamship Company is
negotiating to sell It's remaining seven
steamships. The company alicady has
sold eight ships preparatory to going out
of business because of the new Federal
seamens act that becomes effective next
November
II was reported that the du Pont de
Nemours Powder Company might take
up the making of dyestuffs.
\ New York Prouuce Exchange mem
bership has been sold for 500, an advance
1t is estimated that the total interest
payments and dividend disbursements in
the United states in September will
amount to SlOIOOO,OOO, or sl75OO less than
for August.
BY declaring a quarterly dividend of
81 the Calumet and Arizona Copper Com
rany increased the payment so cents
The Readings anthracite collieries will
work four days this week The Susque-
hanna Coal Company's mines will work
three days
Wistar & Stokes announce the removal
of their offices to the Commercial Trust
Building.
August sales of the Sears-RoehuclI
Company showed an increase of $l,04l III.
For eight months the gain was $69l7, 100
The New York banks gained si35 900
from the Subtreasury yesterday and lost
$L2G3,OOO since last Friday.
The Federal Reserve Board reports the
amount of gold Imported into this coun-
try up 20 August 20 at S37 ,5O7 600, mostly in
United States gold coin. This report does
not include last weeks s19, 100000, which
brings the total for the month up TO $751;.
2O7 900; grand total for year. SAL, ,727, 900;
exports of gold for year. SO, 9,29T,OO0.