The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1922-12-08


Helena. Ark, December 7.--co-opera-
tion of the public in the protection of the
property of the Missouri and North Arkan-
sas railroad against depredatious is asked
by j. G. Murray, vice president and gem
eral manager of the road, in letter re-
ceiyed by newspaper here today Re-
cent depredations, according to the letter.
include the cutting of air. hose, placing
of acid in water tanks. placing emery
powder in car Journals applying grease
to several miles of track, placing spikes
between rail joints and moving spikes on
a curve.
New York. December 7.-Stoekholders
of the New York Title and Mortgage COM
pany today voted to increase the capital
stock from s4400,000 to 100000.
Detroit, Mich, December THE Paige
Detroit Motor Car company today an
nounced a 100 per cent stock dividend to
be paid December 20 to stockholders of
record December o. A 3 per cent cash
dividend has been declared to be paid jan
uary to stockholders of RECORD or De-
cember 10.
New York, December Tho Curb
Market association today announced the
suspension from regular membership of
Edgar Werner of Werner & McDermott.
because of failure of the firm to meet its
engagements.
Chicago, December 7.-Turkeys, which
comma nded a high price at Thanksgiving.
although prices broke Immediately be-
fore the holiday, plentiful and prices
should be lower late in the week before
Christmas, W. T. S. White manager of
the produce department of Morris & Co.,
announced today.
Washington. December Freight
movement, which has been abnorma1ly
heavy for several weeks, is still setting
new seasonal records. according to re-
ports made public today by the car service
division Of the American Railway asso-
her 25 railroads loaded qh6
600 more than in the same week of 1921
and $4,000 more than in 1920.
New York. December THE daily av-
erage gross crude oil production of the
United tsates increased $50 barrels for
the week ending December 2. totaling
1,6Ss,o5o barrels, compared with 1885,
400 barrels for the preceding week ac-
cording to the weekly summary of the
American Petroleum institute TIL daily
average production east of the Rocky
mountain was 1,17S,050 barrels as COM
1850 barrels. California production was
100000 barrels. compared with $4,000
barrels an Increase of 5000 barrels.
New York, December IA special
meeting OF stockholders of the Continent
tai Can company has been called for De-
the directors that the capital stock be re-
adjusted, whereby two and two-thirds
shares Of new no par common stock will
be issued for each share of present stock.
Inc plan proposes the issuance of 500
1000. shares of common of no par value to
replace the existing 10000 shares. The
directors today also declared dividend
of 10 cents on new stocks to be issued
New York, December THE Beechnut
Packing company today declared an extra
dividend of IS cents a share on common
stock. This stock has been paying 1
cents a share.
Winston Salem, N. c.. December 7.-Dt-
reetors Of the r. J. REYNOLDS Tobacco com
pany, meeting here today. declared a
quarterly dividend on preferred stock of
S1.76 per share and on common stock OF
70 cents per share payable in cash Janu-
airy l.
st. Louis. December 7.-AII officer. az
the American Petroleum institute were re-
elected this afternoon. They are. Thorn
as A. O'Donnell, Los Angeles president :
r. d. Benson and II. L. Doherty, New
York. and J. w. yandyke. Philadelphia,
vice presidents: p. F. Sinclair, New York,
rotary.