Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-08-10
NEWS Fur INVESTORS

The Bank OF England discount rove
remained unchanged Mt 3 per cent.
ST. Paurs freight loanngs ths nrns @
five days Of August totaied zv'Vo<
against 24,321 year ago.
Missouri, Kansas and Texas beiancs
applicable for interest In June snowcu
a decrease from June, 1921. thouen
gross increased. Operating expenses IN
creased S162,G17. ...
Interest payments on the public deot
in July, the first month OF the Govern
ment's new fiscal year, were SZS,OiV,.
O03, compared with $43 ,So4,O4 last
year.
The average price of the twenty ac-
tive industrial stocks declined Ola per
cent yesterday to 90. 03, while the twen-
ty railroads remained unchanged at
So. .48
Wabash Railway June earnings show
Mt nm annual rate Of $3.50 a share on
the SOB, 1874 400 preferred A stock out
standing at the close OF 102l.
consolidated income account OF the
Goodyear Tire and Rubber Company for
the six months ended June 30, shows net
income Of 81 ,915 500 after charges, in
tcrcst and reorganization expenses.
--Rctirements Of Liberty Bonds and
Victory notes in July were as follows:
First loan, S2300; second loan, Sl24,-
300: third loan, $4,000 fourth loan,
STA $50, and Victory loan, SIG, 169,-
200.
--Willys- Overland Company and sub
sidiary companies report for the five
months ended May 81. AZ submitted
to the New York Stock Exchange, shows
net loss Of 81 ,G61 ,2G2 after charges and
depreciation.
Income account Of Mother Lode Coal
ition Mines Company for the three
months ended March 81. as submitted
to the New York Stock Exchange,
shows deficit of S75,O02 after charges,
taxes, depreciation and depletion.
American Locomotive has received
orders for two 12O-ton eight wheel
switching engines for the Detroit Ter
minal Railway. and for three engines,
weighing from fifty to seventy nine
tons, for industrial companies.
Reports just received by the Car
Service Division of the American Rail
way Association from the carriers of
the. United States show that 3S7 .322
freight cars were idle on American
railroads, because of business condi-
tions, on July %, compared with Az
O20 cars on July 10.
Central Leather Company has trim
med another 81 800 900 off its bank
loans, bringing them down to $4,000
600. Reduction from $500. 900 since
tne beginning OF tne year mas Deen hc-
complished Notwithstanding the fact
that in the first six months deficit after
interest on bonds was $500 .240
The Goodyear Tire and Rubber Com
pany for the first half of 1922 reports
net sales of S51 ,410,24 After allow
ing for all charges. including interest
on the bonds and debenturcs outstand-
ing, reorganization expenses and other
write offs" there was carried to sur
plus account total Of 81 .01J, $50.
The daily average gross crude oil
June report of Western Union Tele-
graph Company shows operating income
Of S1.715, ,1GJ. increase of $3.50 800. as
compared with June, 1921. yotal
operating revenues for June stood at
$3.07O.9J5. increase of $l93.G33. as
compared with year ago. and balance
after expenses was 50 .203 900. an in
crease Of SG41 .320 over 1921. For first
six months of year operating income
amounted to S7.94S. 7G3. increase Of
81 III .G21. as contrasted with first half
year of 1927.