Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-02-01


to general partnership in the firm Of
Samuel McCrecW 4 Go.
T.. Holt Eliason. formerly with Hal.
sey. Stuart & Co.. has become asso-
ciated with Holman. Watson & Rnpp.
Cumberland Pipe Line FOR year ended
December 81 reports net profit Of 1901.
O13. against s3sg.04s in 1920.
Eureka Pipe line for year ended De-
! cembsr 81 shows net profit of S426, $3.50,
against s543,21s in 1920.
Some very good buying was reported
IN Missouri. Kansas and Texas. when
issued, stocks from the floor.
According to the United States Sur
rey. stocks of crude oil i'm the Cnito,,
states during 1921 increased GO, ,5S9 900
barrels.
Gossip Is that Burns Brothers divi.
i'nd Will be raised to ~ per cent dur
Ing the current calendar.
Sharp cut in prices announced Nv
Dodge Company accounted ior the sell
ing Of the motor group.
Ihc old pool is said to BE- WORKING -,
tgain in Texas and Pacific. 1t was
ne of the few railroad stocks that wa.
In action.
Stockholders Of the Pittsburgh Gage
inu supply Company will vote on a
proposition, March II. to increase the
ompany's indebtedness by $500, 900.
New, Jersey Zinc for quarter ended
''rcembcr II shows net income nft,
taxes and charges. SG54 ,G37, against
So4l'ooI in the same period Of 1920
Endicott johnson for year ended De.
'cmbcr II shows profit after charge
81 snd n Geaerai taxes Xc 81, 042,S $50, against
Newhall. Gross & Diffendorfer nm.
nounce that Andrew s. Weir has be.
come associated with them in their stock
department..
The average price of twenty active
industrial stocks declined O.O3 per cent
yesterday to 130, while twenty rail-
ROADS were 40 per cent lower at 74.73.
Southwark National Bank of pbila.
delphin has completed ARRANGEMENTS
abroad for its foreign exchange. deuart.
mcnt to make payments in Soviet Rus.
ia, Ckrania, Siberia and the Caucasus.
Henry II. pcase and o. T.. Nea b,vo
been c'ccted vice president and secretary
and treasurer. respectively, of the Ic.
high Coal and Navigation Company.
appointments being effective today.
Announcement is made at Reyal TINT
Japan has loaned VladivOstok Govern.
'nent 1oO.O0O.O00 yen tSi".S20. .OOO) and
n japanese syndicate mas received con-
cessions in connection with the Vladi.
:oStok Chararovsk Railway.
Earnings of the Sinclair OH Corpor,
| tion during 1927 arr c;timutrd at an
IroXimatelr 81 Il share on the common.
ht the 2l0sn Of the year the colrpany
| nrried 12,0OO.OOO barrels Of oil at low
figure.
The Giant Portland Cement Com.
pany annual report for the fiscal year
ended December 81 shows balance OF
S43, 123 earnings after payment Of a 4
'er cent dividend on the preferred
stock.
The annual report of Inland Steel
Company for the year ended December
81 shows net profits after charges and
Federal taxes Of S5O1 .72S, equivalent
| ~ cW Snurc NpuI S.ol eHrncu on the
S23. .331 40 capital stock. This com.
rnres with 81. .1O7. .OG1. or S+.O7 a share
earned on the 500. 1915 capital stock
in the previous year.
Subscriptions to the Ray Hercules
reorganization are coming forward in
large volume as the time for deposit
draws to II close. and Indications are
that the plan will be declared
operative. Under the committecs cir.
cular. February l is the last day de.
posits will be received.