Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1921-07-28

nd
subsidiary companies for the yeur ende, De-
c.ssm6er 81, reports net corporate income
The El Paso and Southwestern 20. has
been granted authority by Interstate Com
capital stock without par value in .Xchan9e 9s
for retirement of all OF It's capital stock
now outstanding. consistin OF $50, C0O shares
OF IN aggregate par value OF sa5. 600 900.
The Carib Co. has bccn Incorporated I,
par value of s"5 each. u Tue
The Midwest Oh Co. b,, or,,o~,o,
600 70 ~ 900; 600. anu redlction 'oi"VG Of the
instead Of as at TTs pf.ssn ner OF PIF The yS1s nn
stock 81 ooo. 900 Is to be used for the re-
The %verag" price Of the twenty active in.
dnssriaI StSSks sS DECLINED .o2 pcr cent yes.
advanced o.l5 per cent 10 1905
The P'crce-Arrow Motor Car Co report,
&c Of 81 100 800 "omparsd d'Hs VITA s"Gsd ssScs sST1
.arSa. Of |" sos HTSso'@inr GSSs.5 and
S%nt Gn%srt!er & Of 1870 pcGst for ,he six months
With net earnings VI 81. 1850 equal To-
- 90 on the common. In ;hc hrst half OF
One broker COMPARES the market to the
SA,Sh ,Ss In5.S S.ss2n boyo S l2Ig p0G, same when
VaInly trying 10 even ur.
seers, Roc6ycN ( C. reduced its l'abili
1921 but showed . deficit for tho period
This Is believed to have BEN disclosed IN
but for the sp"cial guidance OF bankers and
| noteholders
Western Pacific reports for year ended De-
cemher Al: Net ccorporate income after taIes
ma foT pr"frFs GydsnTs fS Sr IT%ns
G222tts.ts,Hd'nE 22t. ~ os Soo, 600 S"mmon sGsins
s,sti"''s; hHys Jus. been complied by the
rs1 5rssst from sarT to S end RI. t %
crease in that period q ten years in the
oHy ss7oa From H"TS ecsmsr sm ssG hnS SeGn
pss.SHsmbccf az baSSia' there was an actual de-
The statement Of Philip Morris & CO.. La
liabilities 4 tlSSS0 o2S and rroat and loss
Gr:s ecrnngs, Of S,Hn@Nrd Gas and Elsc,
snountad to 50, 24o O5S, white net DtT t"ta S% ed
s3 Over n@ StsvHs. ST
Gross earnings OF subsidiaries f>r tweIys
| months ended MAY 81 were S3i ,40S,I5s and
net sii.6ll,s22.
The Long Island Railroad reports for ven
ended December IL corporate dehc!t Gfter
taxes and charges ~ S5'O,G5l AGAINST sur.
| plus OF $6S",O7o In 1910,
Suspension OF dividend payments on Pressed
| Steel Car, announced after the cloEe yeStcr.
! Day, made that stock the chief feature n,
| the opening, and within few minutes II wa,
down 70 20, loss q e& pH,,nts, ,wh;ch wa,
| tcrday's session.
| The vlolont declines in Industrial sporial.
! ties In tho two preceding GAYS were followed
today by cTumbling away Of va'ues In ths
Industrial liRt, and the chief features of
| the market consisted Of violent hrraks In
| stocks that had been maintained during IN.
| period OF market unsCttcment at prices o,ll
| Of lne with the me jNrity OF leadinE issues
| National Lead ironped almost o polntS
| and Losses eStendlng from I TO 10 points wer,
| susptalnsd lN RailMav steel SPRINGS. Trcss,t
| steel Car, United Fruit and California Pack
ing,
The prominent steols, otis and motors wer,
| irregular, and textile and chemical spcria
ties also gave way 10 pressure.
report that the Carnegie Steel Co, plan'
j said anthoritatively that the eonps ny Ia
not made any definite decision regarding IN,
! construction OF the pant,