New-York tribune., 1919-11-20
Financial Items

Horace c. Du Val has been elected a
director Of the Brooklyn Edison Company,
succeeding the late James N. Wallace.
:, Bankers Trust Company and Kissel,
per cent public Improvement bonds OF the
City of Cleveland. Ohio due August /
1921 at a price to yield 4.S0 per cent.
George Dawson has been elected a di-
rector and member of the executive COM
mittee of the Sloss- Sheffield Steel Com
pany, succeeding the late James N. Wal
lace.
At the special meeting of the stock
holders OF the Texas Company the plan
Of the directors to increase the capital
stock from $8o.000.000 to $3.50, 900, 900
and lowering the par value of the stock
from slo0 to $25 share was approved
William Loeb Jr., vice president Of the
American Smelling and Refining Company.
sailed yesterday for Europe on business.
Edward s. Paine has been elected sec
retary OF tho South Porto Rico Sugar Com
pany.
Columbia Trust Company has been ap-
pointed transfer agent for the common
and preferred stocks OF the Amalgamated
Leather Company. Inc
J. G. Penney Company Inc. reports
sales for October of $3,751,525, an tncrea SO
OF $l.2sl $50 over the corresponding pc
riod of 1918.
F. 8. Smithers & Co. announce that tho
issue OF Fensland Oil Company stock re-
Gently offered by them has all been sold.
Goldman. Sachs & Co. and Lehman
Bros announce that the subscription books
Tor the Van Raalte Company. Inc, Z per
cent cumulative first preferred stock have
been closed, the issue having been sold.
The United States Mortgage and Trust
COMPANY has been appointed transfer
ngent a OF tne capital stock of the Ohio
10000 shares of no par value.
The New York Stock Exchange has ad-
NIT m'dted "a to n trading Texas COMPANY, rights
pany capital stock from the list.
Famous Players -Lasky Corporation re-
ports gross income from flm rentals and
October 81 OF s5.9S3792 and In the first
Two weeks OF November total OF 81
eos;sSi' or a combined total up OF the
$e,es7.7S3. Gross receipts from foreign
iss BUSINESS for the hrss sen esh, months Of
with $1.600,000 in the same period OF the
preceding year.
United States Mortgage and Trust Com
OF Mnrseiiles.
David w sullivan arrested in connec-
1: not q member OF the Consolidated Ex.
SSnnnge and never has been. according to
William s siikworth. president Of that ex-
Snan8e' Mr. Sulltvan's partner. Norman s..
Howies was elected to membership in
sne Exchange on September 6. 1919, after
ington. and at that time was not connected
with Sullivan 4 Co.
The present stockholders and employees
pJ tne LoouyeHV tire ana Rubber Company
have exercised their rights to subscribe
TO the new issue OF $4,000. 900 per
cent preferred stock to large an ex-
tent that stock Is available for allot
ment against public subscriptions made
for the stock. The syndicate which under
wrote the Issue had agreement which
insured their receiving at least $4,000
900 OF stock, but this amount was sold
prior TO public offering.
Gurden Edwards has been appointed as
instant manager OF the Service Department
OF tho National Bank OF Commerce in New
York.
William A. Read & Co. and Tucker. An
thony g. Co. are offering N.750.Oo0 OF an
authorized issue OF $4,000. 900 Manchester
Traction. Light & Power Company three
year per cent convertible gold notes at
s6H and interest to net about 6%. The
proceeds of the sale OF the present issue
or notes will be used to refund $500 900
two-year per cent notes due January !,
1890. and for other corporate purposes
George W. Taylor jr. and Benjamin v.
Norton have been appointed assistant sec
xstar!ss Qf t4s ouasanty Trust Company Of
Mn Is.1