New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-18
Relevant Facts

American Shipbuilding-The report
of the company for the fiscal year
ended June 30 shows a balance OF
S2,31S,54O applicable to the common
stock. the equivalent of $1,000 a share
on s7,6OO,OO stock outstanding. Total
income was 617,9S5, an increase of
$3,SO9,2l5 over the previous year. The
surplus for the year after dividends
amounted to S1,7S6. $40, a gain of ST.
4S3,732.
Continental Oil Company-A special
meeting of stockholders has been
called to authorize an increase in the
capital stock from 100000 to S12,-
100000, according to dispatches from
Denver. This is the Standard Oil mar
keting company in the Rocky Noun
tain states. In 1915 the company
earned s1,543,O37 on its $4,000, 900 cap
ital stock, or at the rate of 81 per
cent. In 1913 the stockholders re-
ceived the equivalent of 900 per cent
stock dividend
Indian Refining Company-Net earn
ings after all charges for the six
months ended June 80 last were ST.
404,15S, compared with s2,771,774 for
the year ended December 81, 1916. Out
Of this accumulated dividends, amount
ing to IS per cent, or $4,000, were
declared and a reserve of 100000 was
- 70 ~
company's surplus on June 30 was
$149 500, compared with S85,451 on De-
cember 81, last.
st. Louis SOuthwestern-The COM
pany during the year ended June 30
earned surplus of 3,121,553, COM
pared with $1,267 ASS in the year pre-
ceding The balance for last year, af-
ter allowing for dividends of per
cent on the preferred stock, was equiv
alent to 10 per cent on $16,356,1OO
common.
Vulcan Detinning-Theq quarterly re-
port covering operations OF the COM
pany for the three months ended June
30, 1917, gives total sales of $2SS,995,
compared with S192,712 for the cor
responding quarter in 1915. Net profit
after operating expenses, cost of tin
scrap used, materials and supplies, etc,
amounted to s49,245, compared with
a deficit of s5,4l3 as of June 30, 1915.
For the six months ended June 30
sales were S541,7S7, against s396,3S4
for the first half of last year, and net
profit increased from s15,6l6 TO $685.
296. Total surplus, including previous
surplus, was s524,429, compared with
S412,33l in the previous year.
Grand Union Tea and Globe Grocery
Stores.-These two companies, which
are operated by the Jones Brothers
Tea Company, report sales of s977,SS2
for July. an increase of 24.6 per cent
over that month in 1916. Sales for
the seven months ended July 81, to-
tailed S6,543,949, a gain of POI per
cent over the same period year ago.
Extra Dividends.-An extra dividend
Of 81 q share has been declared by
the Standard Oil Company of Ohio,
together with the regular quarterly
distribution of SO share, payable Oc-
tcber l to stockholders of record Aug
ust 81.
The Chesebrough Manufacturing
company mas declared an extra u.l-
dend of 80 cents a share and the
regular quarterly dividend Of SO a
share, both payable September 20 to
stockholders of record September 5.
Directors Of the 7. H. Symington
Company have declared in addition to
the regular quarterly dividend of 2
per cent on the preferred stock, dvi-
dend Of per cent on account Of ac-
cumulated dividends on that issue, pay
able August % to stockholders of rec
ord August 10.