Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-06-25
Financial Briefs

The New York Coffee and Cotton Ex-
changes will be closed on Saturday,
July 3.
Charles d. McElhany. general manager
of sales has been elected a ce p esident
Of the Cambria Steel Company to fill the
vacancy which was created by the resig-
nation of j. L. Replogle on March l.
In acceptance of the terms OF sale of
the Franklin Fire Insurance Company
to interests identified with the Home
Insurance Company. of New York 30
per cent. of the stock OF the former
company has been deposited with the
National Bank Of the Northern Liberties
The privilege to the stockholders OF the
Franklin to sell their holdings will eN-
pire, under the terms of the contract
OF sale. at the close of business on Sat
urday, July 3, or In eight more business
days.
The H. c. Frick Company has Issued
orders for the firing of 400 additional
coke ovens In the Connellsville district
The order includes Is plants, 4 number
of which have been idle for months
The company now has 1875 ovens out
of 10000 in operation.
Twenty-four railroads in the United
States report gross earnings for the
second week OF June as S7,2S0161, a de-
crease of S27I737. or 3,67 per cent,
Thomas Hale. Jr,, was appointed su-
perintendent of the New York Cotton
Exchange by the board of managers to
succeed NJ " King, who recently re-
signed.
William s. Evans. of Messrs Henry &
Aog
Ohio. where he went to address the con-
vention of the Ohio Bankers Association
on the American Institute Of Banking, 1f
which Mr.. Evans is president.
The National Bank of Cuba will ship
tomorrow S1.O0OOOO in IS gold pieces and
s5OO,OOO in gold and silver coin TO Havana.
The Census Bureau will issue a cotton
report at p. m. July 1. showing the
number of acres in cultivation and cot
ton condition as OF June 25.
Exports of copper from Atlantic ports
for the week. ended June "a. 1915, totaled
1920 tons; since June l. 1880 tons, and
for the same period last year 29'S3s tons
The committee OF which Frederick
Strauss is chairman. representing the re-
funding 4 per cent. bonds OF the ST. !
Louis and San Francisco Railroad Com
pany, will make formal announcement In
a day or two of its plan for buying up |
the July coupons on that Issue. Pay
msnt will be made through the Central |
Trust Company of New York and the |
Missouri Valley Trust ComaPny OF st,
Louis.
General merchandise imports at New
York for the week ended June l9 totaled .
$I7 64l. $685. an increase of S2,2S2,67s over
a year ago.
City Comptroller W. C. Handy. Of st.
Paul. will receive bids until July noon
for 100000 City OF St. Paul ~ per cent.
20-year bonds.
Bradstreet's places exports of wheat
this week at 5.Sii.0Oc bushels; last week,
1 ISL OOO bushels; last year, 5,O99,O0O bush
els: since July /. 3e2 .62O.OOO bushels; year
ago, PSI ,s2e,O bushels. Corn shipments
mis- week, SIS 900 bushels; last week, 55S'-
ZOO, last year, $1,000; shipments since
July 1 amounted to 20, $4,000 bushels,
compared with 2,s3iOO0 bushels during
the same period year ago
According TO a report of Comptroller
# the Currency John Shelton Williams,
he 1904 national banks on May /, the
late OF the last call for conditions had
oans and discounts OF 81. .6iS. ss7, ,s6l, against
8 l99. .s6i eos on March I.
The state Board of Agriculture OF kan
.as rsports wheat condition sos per cent.
nd an average winter wheat Yield OF
Az bushels to the acre. The estimated
ron OF lss, 100000 bushels Is 2i000oO more
!, me aggregate than the May forecast
nd a gain In acreage yield or 40 or
,ushel.
Thus far six trust companies OF this
g., nave forwarded to the Philadelphia
.1sarlnsr House signed contracts agreeing
= snter the new plan OF clearing checks
ar non.member trust companies Of the
,1sarinr House Association. A duplicate
= lssts contract Is signed on behalf Of
! - association BY President Joseph
qoore. Jr. The system probably VIII not
9 - board of directors OF each trust
S,anany must approve the project and
one Of he boards hold meetings only
nee a month.