The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-04-27
FINANCIAL NOTES

New York, April 27.-The Chesa-
peake and Ohio is seeking permis-
sion to issue 1851, goo 512 per cent
equipment trust certificates.
Stockholders of the New York,
Lackawanna and Western, a leased
line of the D. L. g. W., have voted
to increase the capital stock from
SIC, 100000 to s15,000,000. And to
authorize a bond issue of S25, 000,-
600.
The Amsterdam Town Council
has authorized negotiations for !
ed in Switzerland at 81.
The British coal output for the
week ending April Is was the low
est in three months, reaching only
4,3S3, 800 tons.
American steel fouEdries is oper-
ating its Chicago plants at go per
cent of capacity and will be up to
rs per cent next month.
Inspiration Copper is operating
at present at about so per cent of
capacity. Production is running at
the month rate of between $500, 600
and 5,O00,0 900 pounds of copper.
The following issues have been
admitted to the New York Stock
Exchange list, 1888 MARYLAND Oil
Capital Stock shares; $1,673.000 z
per cent cumulative non-voting pre-
ferred Standard Oil of New Jersey;
temporary voting certificates for
10000 shares of ]. Kayser & Co.
preferred and 100000 shares of
common; 100000 eight per cent
,1af
shares of common of the Spicer
Manufacturing company.
The Pennsylvania Coal and Coke
company declared the regular quar-
terly per cent dividend payable
May 10 to stock of record May s.
The daily crude oil production
in the United States for the week
ending April %, averaged 1,396,750
against 1,410,s50 the preceding
week.
New York, April 81. - The Sim
clair Consolidated Corporation
showed a surplus before depletion
and depreciation but after interest
and taxes of S5,151 ,557. This COM
pares with $30,3SS,217 for 1920.
A new issue of cumulative pre-
ferred stock of the Mexican Eagle
Oil company amounting to 7,000.-
900 shares is being underwritten IN
London. The stock will be issued
at ten pesos a share, or slightly I'M
der SIS.
Coffee was quoted: May. 9.S3 /;
July, 9.6S; Sept. 9.45; Dec, 9.SS.
Raw sugar: May, 2.47; July, 2.72;
Sept, 2.s2; Dec, 2-96. Refined
sugar. May, $40; July, 500; Sept,
Clio; Dec, 500.
spend from $4,000, 900 to $4,000, 900
in doubling. the capacity of the by
product plant at Clarion. making
it independent of the Fayette Coal
and Coke Field.
The Pennsylvania railroad for
March showed a net operating in
come of S10,130.36S, an increase OF
s7.777,536 over March, 1891.
The Allied Packers company
has bought the Chicago plant of the
Western Packing and PROVISION
company and is expected to take
possession May /.
The Lehigh Coal and Navigation
company has declared the regular
quarterly dividend OF 2 per cent
payable May 81 to stock of record
April 30. =,
The American Zinc, Lead and
smelling company for the FIRST
ouarter of 1929, showed an operat-
ing profit of $50,152 before depre-
citation and depletion which com
mares with a loss of $9S,s72 for the
first quarter last year.
The Copper Range Mining COM
pany for 1921 showed an operating
profit OF $236, 1s5.
The Standard Gas and Electric
company for 1921 showed a surplus
Of $2.O71 1868 after taxes ana
charges as against sl.7oi,O4S i
1920.