Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-12-01


NelCs for Invest0rs
City Of Philadelphia registered and
coupon Ter cent bonds, due July ~,
1872. are being delivered at the PhiIa.
tlclphia National Bank.
The Western Pacific Railroad Cor.
pornti0n reports for .the year ended
June 8O.. total income S4.0N, ,O22.
against III ,S63. .D42 the previous year.
THE New York. Ontario and Western
reports for quarter ended September 3l
surplus S33o. 713. after taxes and
charges, assiIn.st $sS5.S7e the third
The Central Teresa sugar Company
reports for year ended July 81 sales az.
gregating A4OO.6 After expenses.
interest and tax. net loss WINS 1851 ,316.
prior to charges for depreciation.
The Vulcan DEFINING Company re.
ports for quarter ended September 10,
net profits $43,871 after expenses.
charges and taxes. against $1O,8O5 In
the third quarter OF 1921.
For the year ended September 30.
Imperial Tobacco Company, Limited,
Of Canada; ns. H.: shows record net earnings
etc.. against 81, ,ssS, 7ss the previous
chairman Stewart Of the Standard
OIL Company Of Indiana snys regarding
future dividends: 1--WE have taken no
action Of any kind and whatver II
taken later will ilepend entirely on the
comp:ny's financial showing at that
| time.
sales Of stock on the Pittsburgh
Stock Exchange totaled 123. .SdI shares
in November. bond transactions total.
ed S20.OOO. OF, fifty.ninc securities
dcalt In. twenty. seven showed net nd.
ynnccs, twenty EIGHT net declines and
! four no change.
The lkiawarc. Tackawnnna and
| Western Coal Company today called
, spccinl meeting Of stockholders for
| December 1S to act on proposal to
declare q 40 per cent stock dividend.
! The present capitalization of the COM
pany is $40, ,OOO. 900.
directors Of the Prairie Pipe Lim
Company have called n special meeting
Of stockholders for December 70 to
| take action on nm increase in capital
| stock from $27 .OOO,OOO to $S1 .OOO, 200
and distribution Of 200 per cent stock
dividend to stock of record December
q.
The dividend meeting of South Penn
Cfl will probably not bc held and. a. thc
time for holding the meeting is passed.
this IL considered the equivalent to pass
hive been $50 quarterly. The com;
puny has large amount of crude oil
in storage and II still using its surplus
funds to buy. crude for storing.
Directors of the Prairie OIL and Gas
Company have passed n resolution pro.
vidling for submission TO stockholders
ut the annual meeting, December -.
Of plan to capitalize the surplus by
increasing authorized capital from $2O..
OOO. 900 to $50. .OOO. 900. If the plan IL
approved It Is purposetl to issue two
shares new stock for ench share of old.
-Pere Marquettc's October earnings
continued the Improvement started in
! September. following effects Of the
shop and coal strikes. Gross totaled
az, COZ. .421, decrease of $4OO. .581 from
the same month last year. but $231,-
4 S37 In excess Of September. 1922. gross.
Net operating income. Bass, was
$47 1878 less than in the correspond
the previous months net.
There has been stricken from the list
Of the New York Stock Exchange Unit
cd States Rubber Company 6.year :
per cent secured notes due December
II. 1923; Rochester and Pittsburgh
Railroad Company consolidated first
mortgage @ Ter cent bonds. due 1O2! +.
Tennessee Coal and Iron Railroad Com
pany .Cahaba Coal Mining Company
first mortgage 0 per cent bonds, due
Great Northcrn's iron ore traffic ag.
gregates slishtly more than 10000, 900
for the 1922 season. u substantial gain
over 1921 total Of 4.GO.OOO This
phase of the freight movement virtually
Is ended. Revenues from ore movement
double that Of last year. despite the
fact that the rate was 10 cents q ton
less. The cost Of handling iron ore to
docks is small compared with most
other classes Of freight.
Freight cars in need OF repairs on
the railroads of the country tOtaletl
235, 600 on November IL, or 1914 per
cent Of the cars on line, according to
reports received from carriers by the
car service division of the American
Railway Association. This is the
smallest number In need Of repair since
February II. 1927 and was a reduction
of 14.3OO since November l. this year.
ii Per cent.
The American Railway Association
| reports lOadinss of revenue freight con.
tipue the heaviest in the history of
American railroads for the present time
Of year. For the week ended November
IS, loadIngs totaled OG0. .O84 cars. M
increase Of 1918 cars over the previous
week, when, however, lOadings were cut
by the observance of two holidays. The
total was also IN increase of 17S.I31
cars, or q per cent. over the CORE.
spending week last year. and 1886
cars over the same week In 1920.
-Philadelphia' ninety trust compn-
nies, State banks and six savings insti-
tutions. reporting to the state Com.
mission of Banking. have 81. .130 saw.
ings depositors out Of l.17?.3S deposit
tors Of all classes. The combined assets
OF these institutions run over $780,
non. 900. The trust companies of Phil.
adelphia alone have resources Of $685..
5OO, los and trust funds Of 81 ,456, 1I'l..
1871. The assets Of banks are given as
| S25, ,3O4. .3l3, while resources of saw
inRs Institutions 20 to $SSS ,OEO, ,475