Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-07-02
SUSPENSION OF RBBER IMPORTANCE as MAJ
Financial Briefs

Exports OF copper from Atlantic ports
FOR the week ended July l. 1915, totaled
1857 tons; since July T. 1905 tons and for
the same period last year, 5000 tons
The New York Cotton Exchange makes
the amount Of cotton brought into sight
FOR the week at 59,90l bales. against g. os0
last year.
Judge p. H. Gary. at Chicago, en- route
to the Panama Exposition. in San Fran
cisco, commenting on the business situa-
ton. said II had improved greatly and
that the outlook for the steel industry
was encouraging.
The National Bank Of Cuba will ship
SloOO,oOO In So gold pieces TO Havana
This makes S3000.0O0 shipped by this
bank within the last two weeks in con
nection with revision OF the Cuban none
tary system.
During June the movement Of loaded
cars past eight junction points on the
pennsylvania Railroad system showed an
average daily increase OF 1890 cars over
the same month last year.
According to Bradstreet exports cf
wheat this week were 5.659 900 bushels:
last week 5.sAO0O bushels; last year 5.7Oi.-
900 bushels; since July t. 3as 900 bushels;
ments this week l265,0OO bushels last
week 655,oO0 last year 100000; shipments
since July amounted to iO,6sO.OOO bushels.
compared with 100000 bushels during the
same period a year ago
The Rock Island Railway has placed
an order with the Illinois steel Company
FOR 1900 tons of steel rails.
Failures in the United States this week.
according to Duns were 362 against i3l
last week $50 In the preceding week and
3N IN the corresponding week of 1914
Failures in Canada numbered 43. again
"a last week, 81 in the preceding week
and q In the like week of last year.
In the first half of 1915 there were
l2HO commercial failures in the United
States with an aggregate Indebtedness
as reported to r. @. Dun e Co., of $751; |
5Nh535 These figures compare with S5i3
defaults. supplying Sls5, ,O99 $50 in the cor
responding six months of 1914 The rela-
lively moderate increase In liabilities is |
explained by the fact that the total at
tnat time was distorted by the Claflin sus- |
pension. Liabilities in Juno were the
smallest of the year, although defaults |
were slightly more numerous than in
May.
II c, Frick Coke Company has ordered |
400 additional ovens blown in this week |
for steel corporation furnaces at Con-
nelsvillc, Pa.
The American Writing Paper Company |
dcfaulted on the interest due July on |
its outstanding sl3O6i,OO0 per cent frat |
mortgage sinking fund gold bonds due |
1919.
The June output of Anaconda was D.
100000 pounds of copper
The shipments of bituminous coal over
the Philadelphia and Reading Railway /
for May were l3i9, 7a5 tons. compared with |
l29S,169 tons in April. |
The Coal and Iron National Bank, OF |
New York, paid quarterly dividend of |
? per cent. yesterday thereby increasing |
the annual rate from 6 per cent. to s
per cent.
The May gross earnings of the Hudson
and Manhattan showed a decrease OF
ll,25 and a net decrease of SlO.7s5 The
surplus available for income bonds was
$50. 1888, against s69,73l in May 1914.
sixty-hve per cent of the United States
Gypsum preferred stockholders have as
scented to the plan for payment Of 43
per cent cumulative preferred dividends
In common stock.
The American Brake Shoe and Foundry
has secured an order for 50, 900
brake shoes for the cars which tho
Pressed Steel Car Company Is now build
Ing for the Russian Government
Keystone Telephone preferred was
luoted eX-diyidend today except for cash.