Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-08-16
NEWS FUR INVESTORS

\ Al.I.
''r,, r, So'' 'n,' a. ,wsrtv oc.
nIhe average price OF ,ne so u"vs nnr cont
.Mt imnus'.is's 30 nGTan,vu an ud ' tbo twenty
sesteruas sMs W oo.o'' "' oS rer cont "a
ra'r'a"S ga n, "u'"h'eo '''' p'
"'.o'' IL,
1t Is understood that pan "i'i
announced today providing tor carry
distribution OF shares OF o"e,; G;, C Cnn,
Corporation heiu oy 'n'on
pany, OF delaware.
Stockholders Of the Pennsylvania FIRE
Insurance Company will hold special
meeting on October for the purpose
of voting on proposal to increase the
capital stock from S1oO,OoO TO 81
600, 900.
The United Paper Board Company
for the wear ended Nav 81. 1922, reports
n net loss of S4S1 .35j after deprecia-
t;on fxed charges and other expenses.
This comn,ros With n nroft of S456, ,66S
after tho same deductions last year and
$40 O10 in 1920.
m, po,,ool m Comnony for the
:, nc ,tnnoeS ~ 1n rsnorts nor
sM inoll'ns s5'n SiHeT 90, I" hosoro dcpreriation
o',I IT, ,T,rCos Tho balance sheet
"u !, =. sho,.od not current assets
IS sgI- onT oe ,,LtcL SI55 GOl was in
i, vi J ,Jo', a,,,,, ua Ia hi,itics of sax 24O
'''n' anu ."'i'i' nsa.,h ,,uits -
An aduition 10 open he"ttn ~ ma,I,,ot
Spartows @ , roinl o.aan p.ano" - ~ cost hetween
mem n, S steer @ Corpora,an0onn aon o0o W m,i,, he ho'
%o.Vvu,nuo am M %f,Uuu,TC r,"nsion will have n
sun .o.as' -, Lnif million cons
ga rt ,,ro, y, "a aar and il to no used in
:, oi.in, po,,. Inos ~ stool products.
nv" ,,a,a.o, ,,r, +,o
"a buenoS Air's u.or ."i Loo, nf
IoEeriinent CS Unn noI mas nrtiV'LLu w tbo Stoto
D,i 'Tou,goV, ,a,tnjy,ra,i"r ItSjU,ri Titb n British
Ma.'ivaI e,, es 'iara fnr ,Lo doveIonnont md
urn oi p"ilEe.H !h ~ Hro ,,' Thn }oan ;s for
M..s,on ua ,n n,,l &C. fnr +; nor cent with.
.".h's se".S u"H ,,,,b,,nooo -,
ouS any e'.ta ,ta T''' - Penny Con many.
r. "',s %, W in' ,,onntad r. 81 oO5 I3i
nnnnd nnu, ,"n VIII v;;h s3 SS0. .0oG for the same
comphrsu "r'm "',-I",%oo Jo"roosa a' In a. month
l,to'tsn s sS- eco IVA w. ,ho current wear n
~ u S0,,Joo 49, ,o",toJ n 500 G11 07n
uast .'1ss ec2 SSn SiG Gov tho corrosnond.
nSu'i.nt ,.,or docro,eo ~
snS- .ms pc.iou pS-5 ''''
s'II I,Lo 90. o,ovo,+ of income and OK.
,,oadi.,,nns na,'' os .bo pacific Dovclonment
fe,ut,m,t9 Tfanrnnn,,o, sor ,ho Taar ended Decem.
@ So,tT'"i'on u ~, c. 'I Io,: nftor cencroI and
rn rdarrritiMg "r riITm rxnrnsrs interests, ETC.,
u.etrmrd,tnS ,cc 1cm 't%i ga dnbts oni o,hor
or Sloo'on'. Attef Dau Ia "Lu,o anu nboot ot"o.
losses "litlci On tme o".i' InG,i. nf 60 90
OF i,eCoihper 81 eno"' u'"ot' Va %''
"a ,-oo. H. c.l, ou ro,,,
-DlreG'"tS ot lIo o'',,dnus,onL S."ndau @ 20 ho
pahs vi ->eM iotN "iI "a ~
considering tNt uV, ,'nt , ,T, ,I y, "a ~" r
cent S'oCh Wv 'H,nu . anu ~ 'ne eop
OF the present Hl"V par shuleS into 80
par Sh"reS' ~ Is Deiie.c. an "i''a1", ns 100,
ment is not tar on: AZ the ehu OF WI
Standard on OF New 1ork haa sur
lus of SlO'' ''-'1'"oo,
The report of the stewart W arner
Company for the SIX months ended June
30 showed profits of %l,So6,o%3 after
expenses. Federal Iaxes ana deprecia-
on the 4I4,SOO shares OF capital STOCK
of no par value. This compares with
profits of St52,Sl3. or Sl'3S share,
in the corresponding period of lo2l.
SECURITIES held in trust by the Treas.
urer OF the n''d states lor national
banks to secure circulation nave IN.
creased every month SINCE the nrSt OF
the year. Iotal on august was SL.o'-
1GO.G90' which compares with S'-e,,
523 24O on January l. an increase OF
ST 400. IN august /; lo-l. the
total was 3,o9n: l2u. IN" increase
since th'h peihS 81 'oof'ouo'
--Ccrtaln-'ccd irouucIS 10Tporatloh'
for SIX months ended June 81, reports
net income or S-JO,oSb after charges,
Federal taxes. ucpreclhlloh, etc. equiv
alcnt after preferred dividends TO forty
four cents snare earned on the N-'ooO
shares ut common stock OF no par value.
This compares with net income OF
$G4 ,4J0 in the corresponding period of
1921.
Income statement OF lntcrborough
Rapid Transit Company for June shows
deficit after charges OF $3.50. il', com
pared with deficit of S46I ~ for June,
1921. Result of twelve months opcr-
ati"ns is deficit Of s., 2,I66,D'. against
Sf,4G4,S2G for twelve months ended
June 30, l92l. Deficits are after al
IUwancc for full Z per cent dividend
rental ON Manhattan stock.
Report of the Middl" West Utilities
Company Tor the six months ended Jun"
80 shows gross of Sl3,43I.G .GNi. an in
crease Of III per cent over the same
period OF previous year. Net after taxes
was $l.2l3.5,ii. an increase of -. per
cent. Twelve months gros, was Soc
J36,Jl4, an inCreas" of 81 per cent,
and net after taxes. $S. .lGS ,39l, an in
crease Of 29.J per cent.
The Martins Rockwell Corporation. in
It's report for the six months ended
June 30. 1922. shows net sales, includ-
ing inter. company sales. amounting to
s. 9M3 OH. After allowing for general
and selling expenses, Il profit of SJlO,-
400 is shown but the deduction of in
tcrc>t and extraordinary charges leaves
, loss for the six months carried TO
! surplus account amounting to &93I. 40.