Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-03-28
FINANCIAL BR1BYy

---Northwestefn's aeoes revenue load.
inss for FIRST twenty Ave days Of March
Increased 0488 carloads 70 120, ,S71..
Norfolk and Western Railroad has
called for payment at 101 on May i,
1922, entire issue OF $2,1OO, 600 four
year 6 per cent notes due May 1, 1924.
Notice has been received by the New
York Stock Exchange from Pacific Tele-
phone and telegraph Company. OF ?
,SDo;ssss SD sssesss ooc to o sss S5e,stssa c
March %'r "a to iSsnes %sres & Inclusive spe
proved 121 advances, a&kfesatinG 3d.
SS24 900 for agricultural and livestock
MpTSe puis Secretary 81 state for India 10
asking authorization to raise loans In
the United Kingdom not exceeding ESQ.
600 900 for service Of the Indian Gov
ernmeut secured by it's revenues.
The average price Of the twenty
active Industrial stocks declined .46
per cent to $500 yesterday. while the
twenty railroads declined 40 per cent
The Government OF Panama has in
tervcned in the affairs Of the Panama
Bank. It has ordered as a measure Of
protection to local depositors that no
funds be sent out Of the. country
Report Of the Celluloid Company for
deficit of 81, LAG, ,230, after depreciation,
inventory reduction, taxes and other,
charges, compared with net income Of
81 ,OS2 .413 for the previous year.
The Callahan Zinc. Lead Company. In
its report for last year, shows an oper.
ntine deficit Of $3.50, ,270 after rents. in.
terest, development and other expenses.
The profit and loss deficit at the end
Of the year was $jO4, ,O44.
Kuhn. Loeb & Co. and the First Ma.
tionaI Bank, Of New York, have pur.
chased from the Delaware and Hudson
Company. subject to approval Of the
issue later, BY the Interstate Commerce
Commission. $500, 900 fifteen. year
51a per cent bonds, due May !, 1887:
Net sales Of the Goodyear Tire and
Rubber Company for the ten months
ended December 81, 1921, were $e2,-
105, $50. and the net profits, after
manufacturing costs, selling, admins,
SO, GAO, 2S5. according to figures sub
mitted at the annual meeting Of stock
holders at Akron, o.. yesterday.
For the year ended December 81,
White Oil Corporation and sub.
salaries report net loss Of 81, 2,543 ,O28,
after charges. taxes. depletion and in.
ventory adju%ncnt. This compares
with net proRtS Of 81, ,2l0, ,032. equiva-
lent to S1.77 a share earned on the
ESQ .O48 shares Of capital stock Of no
par value in 1920.
With the thirty eight engines booked
last week, including twenty five for the
Philadelphia and Reading Railway, the
Baldwin Locomotive Works has now
about $4,000, 900 business on Its books
to compare with about $4,000, 900 at
the end of February. Plant continues
to operate at 30 per cent.
Advance -Rumley Company has issued
its report for the year ended December
81 showing net loss of 81 ,084, 216 after
charges and inventory adjustments.
This compares with net income Of ST.
277, ,231, equivalent after preferred divi-
dends to 1884 share earned on the
S13,75O 600 common stock in the previ.
GUS year.
Tile American Bosch Magnetic Com.
pany for 1921 reports a net operating
loss Of $236,117. against a profit of
81 .50J .9G2 in 1920. After allowing for
inventory adjustment there was net
loss of $2, 2,O40 .002, against a profit Of
$D45, 700 in 1920. After payment Of
dividends there was n net deficit Of
81. .16D ,092. against surplus of $685.
700 in 1920.