Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-05-17
FINANCIAL BRIEFS

-Nplu output OF I'll" hanu mines our
ing April was 81 900 ounces.
-Schulte Retail Stores April sales
were 81. 14O.12 an increase Of $37, =
1S5 over April. 1921.
Charles II. Bechtcl has associated
himself with the bond department OF
Stroud & Co.
Davis DAILY Copper Company for
three months ended March 81. reports
gross receipts of S41 JAG: disburse.
mcnts, S103,695; loss of S62 ,649.
Southern California Edison Company
March gross 81 .O0O,307, increase SOL,
161. Net after taxes. S614.349: in
crease $40. .GS6. Balance nfter charges,
S423 900; decrease, S4340.
international Combustion Engineer
ing Corporation for the year ended De-
cember 81 shows consolidated net profit
Of S506, 800 after interest. depreciation
and Federal taxes.
The West Virginia Coal Association
reports coal loadings Of 223 800 tons in
the state fields for Monday. against
197.S5O for Saturday, IN increase Of
I'm April 1o.2s2. $40 barrels of oil
were produced in California. averaging
341 ,O77 daily. the highest on record.
March production was 1O.345.1h bar
refs, UNllN tNpiUEt VI OCN.tO
metropolitan Five to Fifty Cents
Stores. Inc. reports sales of the eighty.
two stores in operation in April were
S491 .Sh6, against S450.1O1 for 13S
stores in operation in April last year.
The average price Of the twenty ac-
tive industrial stocks advanced O.5j per
cent yesterday to 92.63. while the
twenty railroads declined 0.o4 per cent
70 S334
The Stock List Committee of the
local exchange has today admitted 70
the unlisted department the phladel-
phia Electric Company first lien and
refunding mortgage gold bonds 5ia per
cent series, deliverable when issued,
due June I. 194I.
--Commonwcalth Power. Railway and
Light Company has sold TO group OF
Eastern and Western bankers an issue
Of S12.OOO.OO to S15 100000 OF its
bonds. according to New York advices.
1t is believed coupon rate will be or
I per cent.
selling at 4Ois yesterday. rsnnsyl.
vania Railroad showed DROP of 2ic
points from the high mark Of the year
touched in the first week Of April. The
stock became ex dividend = on May !,
however. so that current price is
equivalent TO Al. Low price of Penn
sylvania this year was 3",s.
ENinissing Mining Company Limited
mined ore in April Of estimated value of
S1S5 I'll, Operating costs were esti-
mated M $50. 1876. leaving net profit of
SO6 Ola, Bullion shipped was valued at
S13C, $50. Months silver production
was 69l, cents an ounce. Amount of
cobalt produced was 80, 421 pounds.
Samuel NJ. Vauclain and John G.
Neale. whose terms had expired as di-
rectors of the Cambria Steel Company,
have been re- elected for tire" years.
Vacancy caused by the resignation some
months aso OF -. Bte"cr ''chIy was
not filled at the annual meeting Eester-
day.
The Mathteson AiRai reports net
profits of SOL .66' Tor the hrSt thr""
months of W.. ms compared with a loss
of SCI ,511 for the corresponding period
of 1921. These figures allow for setting
up depreciation reserves Of Sl3%.oO6 and
all charges. and are at the rate OF
5000 900 per annum
The Atlantic Coast Line Railroad
reports for the year ended on December
81 last net corporate income of ST..
700 5e0 after payment of taxes and
charges nm amount euual after pro-
vtsinn for nrefcrred dividends 10 81 .G3
n .horc on SG7 49,, 300 common stock
auoins, a ne, income Of 81. .GS4. 1876. or