Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-06-21
FINANCIAL BRIEFS

st. Paul loadinss the first seventeen
days Of June were "a 300 cars, against
II, ,DO3 q year ago. ..
Central Railroad Of New Jersey has
been granted authority to sell $2,O00,-
600 o per cent equipment trust bonds,
series l at not less than 98.
Booth Fisheries Company directors
have called a special meeting Of stock
holders for July to pass upon proposed
new financing.
bonds Of all issues Of City
Of Philadelphia loans are ready for de-
livery. Interest on all city loans is
payable July 1.
The average price Of the twenty active
industrials advanced 1.56 per cent yes
terday to 93.51 and the twenty rails
advanced 0.07 per cent to S2.S5.
The Interstate Commerce Commission
has certified to the Secretary Of the
Treasury the payment Of 81, 733. .502 to
the Chicago and Northwestern Railway
Section 200 Of the Transportation Act.
The Union Pacific Railroad system,
the first of the railroads to make public
May earnings, reported net railway
operating income of 81 1,574,732 COM
pared with 81, 48S,5 for the corre-
spending month last year, a decrease
Of $S03, $40, or 38.2 per cent.
Dispatches from Ottawa say Finance
Minister Fielding will ask the Dominion
Parliament for authority to float $780,.
600. 900 loan. proceeds to pay off ex-
isting obligations, including the 1882,
100000 Victory Loan Of 1917. due in
An issue Of $4,000, 900 State of
Catharina, Brazil, twenty -fve-year 9
per cent external sinking fund gold
bonds is offered at 1O1, to yield ap-
proximately 100. The bonds are dated
February I, 1922, are due February 1,
1947, and are non -callable for ten years,
after which they may be called only as
a whole at 40.
deposits in savings banks in New
Jersey between April 2S, 1921, and
May 5 last show increase Of less than
one.half Of ] 1o. per cent. Though in.
Of normal increase for year. Total de-
posits in twenty seven institutions ag-
gregated S2O5 ,963 ,O47. Trust compa-
nies in contrast with savings banks
show increase Of $3S, ,468, ,423. with ag-
gregate deposits OF $563 .375 .O69, an
increase Of approximately Z per cent.
The trustees of the Great Northern
Iron Ore properties report for the cal
endar year 1921 total receipts of &c.
OSS, ,OG3, which, after deducting sos, /.
356 for administration expenses.
equaled $3.9S on each Of the 1 800 900
certificates Of beneficial interest, In
1920 the income available for disburse-
ments amounted to $5, ,S54, 1856. or $500
per certificate. After distributing &c.
600, 900 in 1921 the trustees had an
accumulated surplus of $107. .473.
Mexican Seaboard OIL directors meet
early next month when further retire
ment of Z per cent debenture bonds
is looked for, as we'll as dividend decla
ration. The company will have in OK =
cess of $4,000, 900 in cash and receiv-
ables. or more than total funded debt
of 5000. 900 debentures. Since Jan
uary last s.. .0OO. 900 debentures have
been retired and So, 500 900 in dividends
paid from earnings.
l-Prudden & Co., of New York, an
nounce an Offering of $S7 900 q per cent
water works and sewer bonds of Ho
bart, Okla, at a price to yield ga
per cent. OF the issue $1,000 are sewer
bonds. maturing November 9, 1946
and SS5, 900 water bonds, due Februar!
1, 1947. The latest financial statemen