Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-11-21

s isi* 's H.: 49,: :: ~ :::: -: -: -:
Nezus for Investors
|-MeCrory. Stores stockholders have
voted % Increase the common stock
from 100000 to $4,000, 900.
Stock Exchange this year to date az.
gregate v,S4O, ,6OO shares. nearly 8. 800.
OO0 more than a year ago.
-Daniel j. McCrudden has been elect.
ed vice president Of the Excelsior Trust
Company. He 10 president Of the Nc.
Closkey varnish Company.
The average price Of the twenty &C.
tive industrial stocks advanced 40 per
cent yesterday, to O5.S2, while the
twenty railroads advanced .01 per cent,
~Nsstis's Milk Company has decided
to reduce capital to 0,000, 900 Swiss
francs by writing down the face value
81 o. aVC,VO ordinary shares from 400 to
The American Cotton Oil Company.
ies,' sss ':ssF e. ;sRasa ASs:o ss1
charges and taxes. compared with q
The PiSsly .Wisgly Eastern Corpora.
tton, with stores In Newark and sub.
urbs, failed yesterday following failure
Of the parent concern In New York. The
Liabilities were stated as more than s..
000, 900. with assets " $25 900.
-PaymSnt Of 200 per cent stock divi.
dend has been voted by stockholders Of
the Cannon Manufacturing Company
cotton mills, at Kannapolis, N. G. An
IN Mi ft0v
ooo to SIC, ,oo6, 500 and to0% to reducs SS:so Il.
par value from 500 to SO q share,
also was voted.
Steel men expect Bethlehem Steel
Corporation to acquire plants OF Mid.
vale Steel and Ordnance, Claiming ne.
gotiations with this end in view are
now under way. Bethlehem officials
denied rumors Of amalgamation after
directors meeting, q month ago, but
It Is believed that the situation has
since changed.
The syndicate headed by Blair L Co.,
Inc, which purchased $25, 900. 900
kinsdom OF the Serbs. Creates and Slo-
at 861a to yield $40 per cent, has been
dissolved. The bonds broke to the new
low price Of 6S and closed at 60, az
compared with the low last week Of
The Exchange Buffet Corporation re.
ports for six months ended October 81
net profit S274, 1924 after depreciation
and Federal taxes. Consolidated income
account follows: Gross profits $780,.
21S; depreciation and Federal tax,
$50, ,S04 net profits, $274,324; divi.
dends, $S27, $40; SURPLUS plus .$se. .7o5; !;
The Turman on. a Middle States
sps: 70. :.a"s. as Sn's;r # sSs:
s71, expenses Of $72, dividends
paid Of S231 ,430, and balance Of 500,
80. In tho previous quarter gross
Sds. Msi A. H. n. I:linss s.ns a sftss Il
earnings was attributed to lower prices
for oil.
The stockholders Of the Fidelity u Cas.
ualty Company Of New York, at Q spe.
ctal meeting, ratified a propodtion to
increase the capital stock Of the com.
pany from $4,000, 900 to $4,000, 900,
and TO reduce the par value OF the On.
tire capital stock from 500 to $25. Un.
der the new plan the capital stock will
consist Of 100000 shares Of 926 par
value.
intervening stockholders Of the EN-.
pire Transportation and OIL Company,
who recently lost their counter sction
In the Federal Court in Richmond, Va,
In the suit Of the Cities Fuel and Power
Company against the Empire Company,
have been granted an appeal by United
States Circuit Court Of Appeals thsro.
Approximately sA.6oo,ooo In involved
@Eds.ea IN sds sSa'i b. Smith q Co. and TUCKER.
Bartholomew b Co. are o6ePine Si..
5O0, 900 England. Walton 4 Co., Inc,
6rst mortgage. twenty year sinking fund
Q per cent gold bonds, dated Dscember
per cent. England, Walton . Co.,
butts Tor tie msnuiacturs q poWef
transmission bslting and large psoduc.
srs OF hish.srads oak and taaasd sols
Purchases Of war obligations by the
United States for sinking fund sc.
count in the first half Of Noyembsr 20.
tailed Sc3 .020, 900. against $l2, ,0l6. 600
for the same period in 1921. and for the
fiscal year to date total $3.50. .0l6, 100.
against $161, ,272, 900 In 1921. me
bulk was applied to buying In Victory
notes a. retirement by Issues In the Arst
sixteen days Of November. % follows
Second Liberty loan, $ll6, 200; Third
and Victory notes, $50 .o04 ,650.
With payment Of the second install.
i Britain on November Is. total y t.t.rs:s S.sss
received by the United States IN ths
Arst half Of the month totals 9S0, ,0lfi..
900, against 81 ,4O7 .507 In the ana
period Of 1921, and for the fiscal year
to date Sill, 900 ,020, against Ola, ,11z..
8S4 In 1921. OF the total, Grsat Britsin
has paid more than 500 ,OO0. 600. Pnw"