davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1922-03-21
Martin-Parrv Net Is $500

The report Tor 1921 of The Mart,n.
Parry Corporation showed a net in
come, after chargess, inventory adjust
ment and federal taxes, Of $500. com
pared with net income in 1920 of
S3l $40, equivalent to $3.1I d share
earned on the stock. Net sales amount
ed to $2,424,S79, against s3,725434 in
the preceding year. Net operating
profit totalled S64.7l0 compared with
s325,755. After allowing 5000 900 for
dividend requirements. there was a
deficit of S199,18O, with a profit and
loss surplus at the close OF the year of
$16O,O16
New-York tribune., 1922-03-21
Reorganization Plan for
Consolidated Distributors

A plan for reorganization providing
for the creation Of new company to
acquire such assets of the Consolidated
Distributors. Inc, as not otherwise dis
posed of by pending receivcrship has
been completed BY the reorganization
committee of the company.
The new company would issue four
year notes, first preferred. second pre-
ferred and common stock bank creditors
receiving 100 per cent OF their claims in
notes, general creditors 65 per cent Of
their claims in first preferred stock OF
$40 par value entitled to per cent
cumulative dividends. and loan creditors
and holders of scrip dividends G5 per
cent in T per cent second preferred stock
of $40 par value.
Stockholders joining in the plan arc to
be given one share of second preferred
for each ten shares of present capital
stock. The new company is to have
100000 shares of common stock
New-York tribune., 1922-03-21
Commercial Credit

Business money rates yesterday con
tinucd their easing tendency. An &C
emulation of funds for investment
here is given as the principal reason
for the easing process at this time.
Some commercial bankers believe that
rates will stiffen slightly when the up
ward swing in business becomes more
pronounced and the Industrial world
makes new demand for funds to carry
on n large volume of trade
Commercial paper discounted fairly
freely yesterday at AZ per cent. Some
less desirable paper still was held at
5 per cent
Bankers acceptances were lower
again. The American Acceptance
Council quoted the following discount
rates on prime bankers acccptances
eligible for purchase by Federal Re
serve banks:
New-York tribune., 1922-03-21
Westinghouse Total
Income $192,657,3l3
Current Assets Sll3. 3.462.593,
Contrasted With Liabilities
of S43.O8I.510

Total income of the Westinghouse
Electric Company in 1921. according
80 the annual report being sent to
stockholders to- day, amounted to
1892 ,657,313. OF this sum $3.50, 1884,
Sl4 represented sales, compared with
billings in 1920 of $150,9SO.106.
From the gross earnings there was
deducted total Of 1882, ,49O,976, in
Guiding S16s, ,565,s75 as the cost OF
merchandise, S12,207.6t3 for expenses
and Sl,717.4SS for taxes. After allow
ing $5,S42 $40 for interest and amorti
zation of bond discounts there was n
surplus of $4.323.997 available for
dividends. compared with $12,617,536
reported for 1920
The balance sheet as Of December
81 last showed current assets of $113,-
462,5 593, contrasted with current hn-
bilities of $43O84,549 Bills payable
were reduced during the year from
S42, 100000 to $29,05O,000, while cash
on hand increased $5,438 900, making
a total improvement for the year in
tho company's financial position Of
$40, 9,13S.000. In the two months since
the end of the year, the report states,
n further improvement of about $8.-
100000 has been made in the financial
DOsitiO0
New-York tribune., 1922-03-21
Country Produce Markets

=, bofter-Roce'pts we're 1862 packages
Tsa@sTy e ev9Tas hshsT M score than ss 1tTss ~
"9c; seconds. 34@36c; lower grades Al an
9oc' % cent alized e cars 90 score. ssN a aac
~ ~ to 81 score 81 q 35 &c; unsalted. higher
than extras 043c: % score. 4I041Mc.
mrsls, % 20 40 PC; seconds, "a "a SIC; lower
s5 o Ssc q 49, &C. hsl1 or storage extras
~ &c; state dairy tubs, finest. 3s@asc
&c good to prime. s5@37iac; common to fair
2sc; hrsts, 24h G26iac; seconds, 22,h q, 9so . ~
current inaks 10. ~ 22% %a~fsnF ss sse Mo- s5ocS
Il z q &c; lower grades, 1s12lc -
Cheese-receipt were 1876 boyer N.,
York State flats. held specials. 24@24Mc.
tssss . xpecials, 2l@2lNc; average run
AZ @?4c fresh specials. 2ic, SpsSrass svorsn
run. 20G20kc; Wisconsin, double DeisIse.
oolored fancy. 2sq2aAc single Daisies
as Hol"fen %, 'ancS. noS. z5@ 23%c; Young Amer
Eggs. Receipts were 22.o47 cases Fresh
ssans7sa s7s rsfs ffsT:s s dSzsn 2's sssra
&c; airtss' regular packed. No l. 3eis 6
3sGi =, No o,,o and poore-. 81 y @22c check
Extra ext 20 rsta ra,s s2e 6sto5ase
New Jersey. hennery whites candied e"n aY
tras. 3sc; nearby and nearby western hen-
rsts Fsts IS $685. s.tsa
ered whites. frsts to extra frsts. "a 6ain.
pHliets, unassortsd. 25@2so; Paefc C. g Coas; oae
frsts. 29@ ale; pullets. unassorteG S5@ ssc ssc .
o@ther @ western and Southern ra,bcrei
srn ,, henhery browns extras 2sisc: nearh,
h.Do"n and mixed colors. gathered eyfras p5
e. soc, nrsts to extra 1rst.. 25Gi27c; ducl,
eggs. unchanged. "oc4
., Potntoes- Maine. $50 lbs sa.5om4
go s'H DJ stats s'aS 80 @ & 5o STATE $50 bs ss
pn . . ~ 70 = so; Nirsnia. second CROP, s2S5G
10: ferenuaa, Ssrea,s ,sp bb ss@135o Tlorda, sSaS
ware and Maryland, s1.5o01.55: VirpiuIaa
so. so,,. 80 20 "ams. Virginia bhl'. san
bs sl;et 'outh 81 5oarolina. crate. s1,5; Georgia
ssGoI fi;oV' asparagus. Georgia crsfs
eOVSfi anlse Louieians, bbl. s6 N.-eo,
New-York tribune., 1922-03-21
Great Falls Power Nets
S5. 90 Share on Common

The Great Falls Power Company, in
It's report for 1921, showed a surplus.
sitter charges, interest and deprecia-
ton, Of S637 ,996, equivalent, after pre-
ferred stock dividend requirements. to
1892 share, earned on the s1O,000,-
600 of common stock. This compares
With surplus in 1920 of 81 1,436,75s or
1880 a share, earned on the common
stock. Net earnings amounted to
sl,23a,ss2, against $2.o4s,950 in the
preceding year.
The company which is a subsidiary
OF the Montana Power Company
showed current assets at the close of
the year of 81 .604,613 and current
Liabilities of $299,094. During the last
mines. reduction plants and smelters
were shut down, and operations at the
electrolytic zinc plant at Great Falls,
Mont, were curtailed.
New-York tribune., 1922-03-21
Bethlehem Steel
Excess of Current
Assets Shows Gain
$87. .748,43 at the Close of
1921, an Increase of
$IO.OOO.OOO Over 1920:
Large Amount Is in Cash

The report of the Bethlehem Steel
Corporation for 1921, issued to stock
holders to-day, shows that the value Of
current assets on December 81 was
SS7,TdS.4 in excess of current liahiii-
ties, compared with SIT ,473,917 excess
at the end of 1920. OF the total cur
rent assets Sb4ssl ,227 consisted of
cash and marketable securities, largely
obligations of the United States
Treasury.
On December 26 President Eugene
Grace made public the company's in
come account, which does not differ
from the figures contained in the an
nual report. After payment Of pre-
ferred dividends there was balance
equal to 76 per cent on the $50 900 600
common stock contrasted with S.4 per
cent earned in 1920.
The balance sheet showed further
that inventories at the close of last
year had been reduced to S39 FAC, ,537,
compared with S73.2O8,67S as of De
cember 81. 1920. OF this reduction ap-
proximately S9,350,000 represented
shrinkage in the value of inventories
which was provided for in part by
charges against costs and in part from
reserves set aside out of previous
years earnings. At the end of the year
the company had accounts and notes
receivable of $16,095 624. against notes
payable of $2,o0O,0OO and accounts pay
able Of $1S,507 300.
Net additions to property account
during 1921 for plant construction and
properties acquired amounted to $t3,-
338642. The estimated cost of com
pleting construction authorized and in
progress at the end Of the year was
$500 900, of which $6,07S.000, the un-
expended proceeds of the sale Of
marine equipment trust certificates,
has already been provided.
New-York tribune., 1922-03-21
New Jersey z. S.
Earnings for 1921
Show an Increase
Equivalent to 1898 a Share.
Compared With S.. .l2 i'm
1920: Short Term Debt
Is Permanently Funded

The Public Service Corporation of
New Jersey and subsidiary companies
report for 1921 net income Of 1886
642 equivalent, after dividend on the
preferred stock, to SS.S3 share on the
common stock. In 1920 earnings were
at the rate Of s512 share. AS Presi-
dent Thomas ~ McCarter points out
in his statement accompanying the re-
port, this satisfactory rate of earnings
was arrived at after an allowance of
s4,Ss3,965 for amortization, as COM
pared with s3,237.529 for the same
purpose in the preceding year
One Of the accomplishments of the
Sear was the permanent funding of the
corporations short-term debt. The net
result of changes in debt and stock
operations was a reduction of S5,654,-
62o in capital liabilities. but in view
Of the fact that the final retirement
&c The three-year notes was not ac-
complished until their maturity on
March i, this change is not shown in
the balance sheet.
The total revenue derived by the
Public Service Electric Company from
electric sales increased 1896 per cent.
This result was due to a growth of
1s.49 per cent in sales for commercial
lighting. The Public Service Gas Com
pany, notwithstanding generally ad
verse industrial conditions, increased
its revenue from sales of gas 1415 per
cent
Operating revenues of the railway
properties were less by $477,277 than
in 1920. Operating expense and taxes
were 81 s1,403,339 less, although there
was set up s1.195,6s5 for depreciation.
as against s21l,617 in 1920. President
McCarter stated that he felt "the rail
way company has turned the corner
and from now on should earn substan
tial amount annually upon it's capital
stock
New-York tribune., 1922-03-21
Submarine Boat Shows
Deficit of 81, 1919, ,476

The report Of the Submarine Boat
Corporation 70 rthe year ended Deccm-
Der 81, made public yesterday. showed
a net loss, after all charges and inven-
tory adjustments, of 1861 ,897. This
contrasts with a net income in 1920 Of
81 1,S65 ,995, equivalent to S2.43 share.
earned on the 765 920 shares Of capital
stock Of no par value. After crediting
S4,4l2,521 for adjustment Of reserves
for 1921, the net loss amounted to
$2,199,476.
Gross earrings fell from $35,179 .7o4
in 1920 to $3.50 ,5o1 last year. The
balance sheet showed cash OF $685.,
1888 and accounts receivable Of $780,,
900. Notes receivable totaled 1885,
019, against notes payable Of $S,422,
T07. Accounts payable amounted to
Sl.3A1.300
New-York tribune., 1922-03-21
Retailers Buying Apparel
and Accessories; Textiles
Continue Dull; Raw
Silk Declines Further

Some slight increase in activity was
apparcnt in the local wholesale mar
kets yesterday as result Of prepnra-
tions by retailers for the spring sea
son. The activity was manifested main
ly in the apparel and accessory
markets.
Textiles in the piece showed little
change from last week. Demand for
cotton goods continued light both from
the retail and jobbng trades.
The cotton gray goods market was
quiet yesterday, with prices unchanged.
Raw silk was lower in sympathy with
decline of from 10 to 20 yen in the
Yokahamn market. Double extra crack
silk was obtainablc in the local market
yesterday at 1915 a pound and slightly
under.
The wooden goods markets were if
anything trife more dull.
New-York tribune., 1922-03-21
Caddo Oil Shows Net Loss

For The year ended December 81 The
Caddo Central Oil & Refining Corpora,
tion reported net loss, after charges,
interest, depletion, depreciation and
abandoned leases, of 1858 246 con-
trasted with an income in 1920 Of
SS73 ,064. Gross profits totaled SA52.-
1874, as against s2,170S5S in the pre-
ceding year. Net earnings amounted
to S162,601, drop of $l.7l7.845 from
1920. Stockholders elected, Sidney
Clark as director to succeed George W
kendrick Sd, who resigned. Other
directors and officers were elected.
New-York tribune., 1922-03-21
Satisfied judgments
In New York ScuH's

The srst name is that Of sa md
the second that Of the cred's0s
when Judgment VAS viea,
McFadden. Garcia C.--E. T. s
Smith; Jan. Il. 1ssz:..:',nc.. n.r.
Elliott. Frederick HI -
cum: Oct. 8, 1891. Nv
Stroller, Sol H.---N. WalNoh' 4
ls. 1921 (reversea) ........s,,ch
Stein. Sa,nuel--O. N. Freui'a"~
ct al; July 2i 1921. shall
Cort. Harry L.. and John ). /
C. Coombcs; Jan. :: ls.,.u
Meislln, Aaron. ana koosoS
Baths. Inc.--W. II. Deu'S st.
Aug. 81. 1920 fcanceledl "
GfeS. Edw w. Ind Frank
Bgowne-United Me!caS. co.
Realty and Improvements
July II. 1913 ...;.,:.''ip,rin -. prin.-
Meirowitz. Elias-w offer Ffm ra,,s
ing and Publishing Cos .,
25. 1914. -....-, x.w
Vaccaro, Dominick. ana pso-
Amsterdam Casualty Co /
pie, etc: Jan. 12. 1929; ..'r,.v Nav
Faro, Henry &c. Scheipe' 4
{. 1891 (reversed) ,,...res
Rosenblatt. Louis state la..d, i
Corp; Nov. 19, l93l t'e-psr
Tiefgenthal. Alfred D.. pa'
Painting Co; Jan. :. lsls..,.: ls.,.:
Merezky. Jacob--H. f. kieins'-'
May 2S. 1891 -.....,..'..'
In Bronx County
Kelly. Annar--R. Snlzano; ss
1.en,sel sS, i'I Emil;e--c c. schulss'
Inc. Sept. IS. 1s17....... 81
Same-D. Coulter OF al No''
same--K i schmidt: Sept. -
New-York tribune., 1922-03-21
Wickwire Spencer Steel
Has S3,635.O4O Net Loss

The Wickwire Spencer Steel Corr
Corporation for the year ended Decem-
Der 81 with Il net loss, after charges,
depreciation and inventory adjustment,
of Sc, ,635 .040, contrasted with net in
come in 1920 OF s662,116. Sales fell
from $50 $3.50 in 1920 to s12,153 ,552
las year. while the cost Of sales was
cut from s27, ,16S,1 ,152 to S11.54O,975.
The company reported an operating
loss Of $6G2,2 PSI, compared with an
operating profit in the preceding year
of $4,35A ,24S. REIMBURSEMENT of inven-
tories to a market basis absorbed S441,-
906. After providing S380,543 for divi
dend requirements. there was deficit
OF s4,0l5.583, while the profit and loss
surplus was reduced from S8,545, ,121
on December 81, 1920, to s4,205, 4G3 at
the close Of last Near
New-York tribune., 1922-03-21
Schedules in Bankruptcy

Tn, following schedules in bsHkruptcy
wALp. WALKER & co. Astor pl
'fo''ss r. co sSseIs nc case and box
makers 4oa West 4oth st. Liabilities,
$500 sssetg, 1881.
sle.l$7: assets, sS.ias.
PAPPAs RRos.. Inc truckmen, s. Now
sSaWsTi s7s.s,5. Liabilities Sss'''' assets
pHTL11r zIMMER. waists s5ss Broad
NJ. GoLDpERG 5 son. i2o$ Broadway.
Liabilities. $10,9eS: assets 1890.
Petitions in bankruptcy
The following petitions In banlsru ptcy
were filed yesterday In the United States
District Court
LUCILLE, LTD. Involuntary 10 East
atth st. Liabilities. $4,000; assets
$4,000
CONSOLIDATED WAREHOUSES;. INC
Involuntary. II Broadway. public ware
house operators.
ADDISON AND WEINBERG DRESS
co, 1NC.--Involuntary, $50 Madison av
Liabilities. $40, 900: assets. $4,000.
NATHAN GOLDBERC-1nvolun 81
East 2Sth st
tary, del!catessen. 5sS Brook av.. Bronx.
NOVELTY GARMENT sHOP-lnvoiun-
tary 4e3 9Th av.
ROSE & SON. Involuntary "a Stone ct.
pERISTEIN & HANDLER, Involuntary
delicatesscn. $50 Brook av., Bronx.
NOVELTY GARMENT co, involuntary.
4aS 6th av.
KRAMERLrrE CO. INC, 5,7 Broadway.
Liabilities, $1T5000: assets, 100000
PAPPAS BROS, INC, voluntary. truck
men. "a New Bowery. Liabilities. sSS147;
assets. s16,3l?
FELDRERG G COHEN. Involuntary.
coats and suits, Is West 27th st. Liza bill
ties s25.000 assets, $4,000.
ROSE & CO. involuntary. so Broad st.
Liabilities, sos, 600: assets undetermined.
r. 9Th ST. Liabilities, $4,000; assets,
HINES SMITH. voluntary. Sist st. and
Columbus av. Liabilities. s4c.000 no as
Gets.
Receivers in Bankruptcy
The following receivers in Bankruptcy
were filed yesterday in the United States
District Court:
Wolcott II. Pitkin. for selena Textile
Corp. 29s 9TH av.. with bond OF $4,000
James X. Cuddy and G. II. Tolman for
Lucille. Ltd. 10 East 54th st, with bond
Of 10000.
Bernard s. Klarer. for Philip thinner.
ladies' biouses. 3666 Broadway, with bond
of $4,000
Cornelius Smyth. for Consolidated Ware
houses, Inc, II Broadway, public ware
housing. etc, with bond of $500
Assignments
FARLAC4 AMERICA JNC.--Puhlishirr
jewish hooka, at 2i53 Broadway to Solo
mon Slutsky, OF aa4 Barrett St. BROOKLYN.
n. Y.
New-York tribune., 1922-03-21
Business New s
Wholesale, Markets Slightly
More Active i'm Spring Lines
Distribution Of Dry
Goods BeIom Year Ago

Wholesale distribution Of dry
goods last week, according to the
market report by Marshall Field &
Co., Chicago, was less than for the
corresponding week last year.
"Orders from statesmen on the
road" says the report, "show con-
siderable increase over the previous
week although behind the same
week in 1921 in volume. There were
fewer customers in the market than
year ago.
Merchants report retail business
sensitive to warmer weather, with
good influx Of business during the
few warm days.
"Collcctions are satisfactory"
New-York tribune., 1922-03-21
Philadelphia Co. Earnings
Nets $3.50 Share; Shows Def,
cit After Dividends

Net income for 1921 of the Phla-
delphia Company, after charges, taxes
and depreciation, amounted to $2,912.-
204. equivalent, after preferred didi-
dend requirements, to $3.50 share,
at $50 par value, earned on the S42,-
943000. This compares with net in
come in 1920 of So,411,964, or s5.40 a
share earned on the common stock
Net earnings amounted to S3,27S.-
095, contrasted with S9,26S,447 in tho
preceding year. After allowi|g S3,521.-
954 for dividends, there was a deficit
Of S549. 700. Cash on hand increased
from S608,33A on December 81, 1920,
to $l0,64S.S19 at the close of last year
Notes payable were reduced from S3,
10000 to 81 800 900 Accounts and
notes receivable totalcd S976.41a.
New-York tribune., 1922-03-21
Is usines Troubles

Castaldi. Audrio-R. Jill ct al lss 90
MerreiI & condlt Co...:...... 1851
c. l.. & n j. Becker Lumber Co.
&C. w. Manning. lnc.-...... 7sl.os
Chcrnof. Samuel. and samuel
Warshaw CFrench Dress Goods
Go. M =. Horowitz, Inc. 500 a.
Cox. owen J.-N. Cox. costs. 1875
Credit Guide Publishing Co
Harris Teller Co. Inc......... 1c7s os
CooPer stables, 1nc--Hsra & Co. 5-.o71. Is
Chronik Rose T.. Or Rose .TsrqIae
and Rose Jerome. Inc.-Cos,no-
poli,an Market Co. Inc.... IQks 90
C4ty OF New York-Femafe Acsd-
e.Dy Of the Sacred Heart 900 90
c. Cailucbh & Coy. Mer-
riils' lnc. -................. $685.
Roseen President Mechanics
,rs,I Bank OF New Haven: sssl.s7
breyfuss, Barney 1T. =. Muir
Dunn. Phiiip-sfandsrd on CO. Of l'0'f'
~; y. ...;.:........... 2545l
pe wald' 'ej josef 4 McKiniisv 1852 3Sa s.
piskinson. George f. = Abraham
y q Straus, Inc. ......... 1885
=, Fabric Corp. ............. $3.50
Z, man ................ 1865
I.isnor (NIadison Electric Col
Fischer. Julius-Baker voorhis & ''''0i
CO. ,,........ .:........... lso so
". New Yor', ......... ssss4
Frsd ". Millingtou G92o>. Ltd.
Littauer Glove Corp. ........ Sleso. %
,,nr ,'Snolne' 5oe-A Sapesnick .. 1os.oS
renster BeatriceEs. Ritter ittr'..... Z 9S eS' ! - !
rione. Sadie-E. II. Sayre ct al. ios. 81
GGelno0.v' hay--tummings ,..... 2l44t
Gfno Gso. h. Martinea, Inc.-R. Frank l42s5
iszsT MoTTisy- NJ p reson slawa 'ss5 ssss2 s.
Goodfriend, abraham = Maxant
crahsieio 5hsion and supply Co. ..... 6s4ss
cosas,,s 'ng 1orp; =, ;,;..., ~. 1c.s4&.o5
c,o,d,,.i, nay,d,,-P; Pullman ....,,... 6627s
r. .neasmery &C. 9......:....... 20lSt
Footery>~pr A. rosner shoe
reeh,ei,,,,,.o,,'' ',1, SlG.7O
Ham 11ohfGins h,,rasr Norp. .-,,,...... 5000
uagwin SSSS~J. Giasser- 1SS79T
Ha.r nresSmskSrs 1nsI.,S Inc: ........... $3.50 70
harris, Fred--E. [. Smith ... o06 q,
Hoch, Alexander. and HERNIA,
Gold--N y Paterson ir A-q On
Italian prssn ps,, iaenel Corp. 1,s2s.so
1uror, 0onen ct al ,....... 16s SIS
Katsoni, - :, NNstetz, 1850
katx fsrn, Stmlnthal ct II ........... $50 20
N''N' N'HSNNNe~-|i PoSner rSS
leonard, Chas G-Rose nhauln % 1so -
Tendon, Henry. and Wildwood on
anin aan GnS s,, Co-p Carter ct al 2,7os. 20
o,,i. eor,,.m-' rn Solomon 1900. all.sS
M}lls,eio 80 "A Meade. 1884
nolmN B Meinhard ......... 7s7.ss
Mansfield, Herbert--N Strahan 80
Moore. Geo l., and Irene Pavna
Mororas s M''ler Tn,, .,......... 2.1e1.ss
Ms,,,ns sSys Msaler M,i ....... 1904
Mc,gsn. wm &c raaher '''.' sss.ss ,ss 2
| National Snip Supply and Ma
chinery Co. Inc---Nautieus Co.
NSrmaneie. Shirt Co, lnc--W G
-. '''Cher .,..... sog 8 4
trsnh Allahen Genealogical 60
frank Alaben. and Mabe Wash
nurn-~ifoward Realty and De-
rvoP'1eh, NicI,s, IN 20 ...,..,,. 1916. Al
Nahal ,S.a, w Hil. 11lot
orhia pi.t,,nn kubeltk ..... 12.sa0 35
Oscar Mayer On Fashion Shoni
M Sprayregen ct al oas &c
Panina, Joseph--Arango Rosso 0'''
p,fcsr % So' me, Inc ;;.;.n ......... 2ss. 40
OuennarS e. ~ . weber o06. 20
New-York tribune., 1922-03-21
Ludlow Mfg. Earns $3.50

Net income of the Ludlow Manufac-
turing Associates for 1921, after Federal
taxes, amounted to $4,000, equal to
SA.30 q share earned on the 10000
shares Of stock, compared with a net
income in 1920 OF s2,075.O00 or $l7.31 a
share earned on the stock. Gross sales
totaled Ss,3240oo, contrasted with $19,:
100000 in the preceding year.
New-York tribune., 1922-03-21
Island Greek Earns S2O.55

Net profit in 1921 of the Island Creek
Coal Company after all charges and
taxes. amounted TO $2,74o,7O6, equiva-
lent, after allowing for preferred stock
dividend requirements, to $2O.55 share
earned on the common stock, compared
with net profit in 1920 of s2,482,713,
or 1887 share earned on the com
mon stock. Net income from coal, etc,
amounted to $4,063.101, against s4.875.-
346 in the preceding year. Net earn
ings totaled s3,SA3, $50, compared with
81 TO6 hoo
New-York tribune., 1922-03-21
New York Metal Market

On the New York Metal Exchange tin
was quiet with Straits and Straits ship
standard, 2s.5o@ 29c. and 99 per cent
at 2892s.50c. Copper. quiet; standard
spot. March and April, 12.75c asked.
and electrolytic spot, March and April
12.75Nl3c. Lead, quiet; New York SPOT,
500 4.75c, and East st. Louis spot
H.35 "a. a.45c. Zinc steady; New York
spot, 500, and East st. Louis spot,
New-York tribune., 1922-03-21
RYAN Petroleum Earnings

Net operating profit for 1921 of the
Ryan Consolidated Petroleum Corpora
ton, before allowing for depletion and
depreciation, amounted to $5e6,995. and
is equivalent to $2.O4 share earned on
the stock. The balance sheet showed
current assets of sS27,736, and current
liabilities of $97,335.
New-York tribune., 1922-03-21
Business lien,

The business OF the Wahlc Ribbon
Manufacturing Company, with mill
at Bethlehem, Pa, has been dissolved.
The business will be continued under
the name of Lasher's Silf Manufacture
ing Company, with New York Offices at
Is East Eighteenth Street.
New-York tribune., 1922-03-21
Erie Issue Apnroycd

WASHINGTON. March 2O--plans Of
the Erie Railroad for refunding s15.-
100000 Indebtedness which falls due on
April ] were approved to-day by the
interstate Commerce Commission which
gave the road authority to issue and sell
$4,000, 600 in 7 per cent bonds.
New-York tribune., 1922-03-21
Chatham and Phenix Report

The Chatham and Phenix National
Rank. in its statement as OF March 10,
showed q surplus and undivided profit
on December 81. 1891. Of S8.1S2.339,
compared with $9,S79,892 on March 10,
1922. Total resources of the bank
total s176.614,626 Deposits at the close
of last year amounted to s141,741 ,371, ,
and on March 10 Of this year, s145,-
101 GOO
New-York tribune., 1922-03-21
Federal and Joint Stock Land Ran,s
Bonds

rs @scurity, Fate Due Bid. Ask. Yield
r.dsr., lsss-1s2s z, .1ooH 1o1A AIS
,aaer., ls'l,1asl Il,;,, .1oa14 los 402
r.de!s, asss1s2s ~ ~, o.- % 100 $50
1a3S-le2S S......... % 1no an
Federal Farm Loan 41as -"
1937-1e22 2........ % mo 1so
Chicago Joint Stock Land '
Bank 5s 1851. 101il 1oofA 1so
Chicago Joint Stock Land N''
Bank 5las. 19S1-1e6l % 100 5oo
chicago Joint Stock Land Wv
Bank 5s, 1s37-lg4o o1O3c. 1oax 5os