Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1915-05-26

At auction today Miners National Bank
declined 10 points to So; Girard Trust ad-
to ISL, and Lumbermen's Insurance
Company 4 to l05. Farmers and Me.
chanics National Bank showed a loss OF
2A from the last previous SAFE
Since the outbreak of the war the WIN
chester Arms Company, at New haven,
has expended sl,336,40O on increasing It's
plant 1t is said the company has enough
orders on hand to keep it busy night ana
day for two years.
A. V. r. Coe, secretary of the Phila-
delphia Electric Company, has gone 10
the Pacific coast for an extended trip. lie
will attend the National Electric Light
Association convention, to be held In san
Francisco June to Il.
The syndicate which handled the issue
of SlOO 100000 New York Central Railroad
per cent. bonds has been dissolved. a
little more than $92,0O0,0OO of the bonds
were taken by the stockholders and the
remainder was sold by the syndicate.
A circular has been issued by the Pro-
tective Committee of the two-year per
cent convertible gold notes Of the Rumely
Company calling for deposit by hold
ers of the notes with the United states
Mortgage and Trust Company of New
York or some of its agents.
The Appellate Court handed down
decision that the plan proposed by the
New York Central 10 exchange new 4
per cent. bonds for the old Lake Shore
collateral 3h per cent. bonds is valid
and may be proceeded with.
There has been listed on the local ex-
oL,n aH1 dat tnH
mortgage per cent. gold bonds of tho
Rochester Railway and Light Company,
due 1854.
The Peerless Motor Car Company re-
sumed dividends by paying Ia per cent,
quarterly, and 35b per cent accumulated
on the preferred stock.
The Comptroller of the Currency has
extended the corporate existence of the
Duquesne National Bank Of Pittsburgh
until May "a, 1895.
Andrew V. Stout was elected director
of the Domes Mines Company, succeeding
T. n. Jackson.
The LehGh Valley Railroad has award
ed contracts valued at $6O0,0O0 for hte
rebuilding and strengthening of 2OOO box
cars.
orders of the United States Steel
Corporation this month have shown
some Improvement over April. due to the
placing of large plate-rail-ppe and war
contracts and better demand for ex-
port. AS a result a small increase in un-
filled tonnage for May is looked for, COM
pared with small decreases In March and
April.
The Massachusetts Electric Companies
passed the semiannual dividend OF per
cent. on it's preferred stock, due under
normal conditions In July.
The Old Dominion Copper Company of
New Jersey increased the dividend for
the quarter from 80 cents to 81
It was stated after the Pennsylvania
Railroad regular board meeting today
that there was nothing to announce.
At the meeting of the Tonopah Belmont
directors the board reelected officers.
The InterboTough-M Metropolitan Com
pany has received proxies to be voted in
favor OF the readJustment plan at the
special meeting June l amounting to 10
per cent of each of the preferred and
common stocks outstanding. There is no
longer any doubt that the plan will go
through. c. II. Venner is expected to OBJ
ject at the special meeting June l.
It was Officially stated today that direc-
tors of Tonopah Extension Mining Com
pany will not issue any OF the 100000
shares OF additional capital stock au-
thorlzed by the stockholders recently,
except the s2s.3sO shares necessary for
stocks OF Tonopah Merger and Tonopah
Victor Companies. The remaining 67064O
shares will be held in the treasury for
future use,
Bank of England Bought Gold
LONDON MAY 26.-Ths Bank OF England
TODAY bought "a sos coo OF bar gold and ear
-frad E6lH 600 for misceiiaueous DuFposRs.