Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-07-27
NEWS FOR INVESTORS

The Hnnk OF England minimum ulS-
count rate remains unchanged at per
cent.
The average price Of the twenty nc-
tive industrial stocks declined O.SJ per
cent Yesterday to A.Sl, while the
twenty railroads declined 0.jj per cent
to $3.50
1t is understood Royal Dutch Com
pany has issued 1901 guildcrs nom.
inal new shares. which are to be used
for payment of participation of foreign
interests.
The Wright Acronautical Corporation
for the quarter ended June 30. repofts
net sales Of SGG1 .O37. and net profits
after taxes of S136.340. Net profits
include income derived from invest
ments.
There were 4Oj. 100 freight cars idle.
because of business conditions on July
s. MS compared with 400, 1SJ on July
1. according to report by the Car
Service Division of the American Rail-
way Association.
For six months ended June 30. Amer
ican La France Fire Engine Company,
Inc. reports net income of Sl1O.S!H
after interest charges but before taxes.
compared with net income of 1896, It's
in corresponding period of 1921.
Scaboard steel Corporation for The six
months ended June 80 as submitted to
the New York Stock Exchange shows
loss for the period of S399,JG3 after
charges and taxes.
Final settlement of all outstanding ac-
counts between the Government and
Missouri. Kansas and Texas Railway
Company. made by the Railroad Ad-
miniStration. involved payment Of 81.
600 900 to road. which Is in hands of
receiver.
The Skelly Oil Company reports ne,
earnings of $7O4 .O5G for June, before
depreciation and depletion charges.
This is new high record for any
month In the history Of the company.
| Production of crude oil in June aver
aged ZOO barrels daily also a new
high record
The New York Dock Company in it,
report for June. 1922. shows q net in
come Of S74 .5G1. decrease Of S26.GTl
/ rs compared with June, 1921. For the
first six months of the year the net IN
! come was S376, 800. decrease Of S22S.
:S7 aS compared with the same period
Of 1921.
b. +. Goodrich Company reports net
earnings for six months ended June 30
before interest and depreciation
So. 81 900. After interest Of 81 l,321.- =
iS3 and depreciation of 81 .03I $50 net
profit before Federal taxes was 81 .312, =
600. about equal 10 preferred dividend
requirements for period.
Michigan Sugar Company's f>cn.
year. ended June 30. showed operating
loss in neighborhood of $500. 900. COM
pared with about S4O0 600 the previous
year. Company has left about 81 800.
600 profit and loss surplus, ample cash
assets. and no debts, except current ac-
counts.
The Hercules Powder Company for
the first six months of 1922 shows net
earnings Of S71T.32G. after charges and
taxes, equivalent. after preferred divi-
dcnds. to $3.50 share earned on the
81. 10 600 Of common stock This COM
resnonding period Of 1921.
according TO statement issued by
George i. Mcdill. State Bank COM
missioner. total deposits Of Delaware
banking institutions ns of June 30.
were SG4 $50. s'2. an increase over that
Of July !, 1921. Of So $3.50 4,iJ. Total
resources were SSl .45l 22G. an increase
of s., 2,0ST,310, over that OF July |,
1921.
Car loadIngs for the week ended July
II totaled $50. .oO7 cars, an increase Of
142. .5SS cars over the preceding week
which included holiday. and an in
crease of SG.O23 cars. compared with
the corresponding week Of 1921. Com
pared with the same week of 1920.
however, 1t was decrease of 81 ,94i
cars.