Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-09-26
Mo Kan g. Tex
Sp Nyi
NEWS FOR INVESTORS

Tho Chinese Government is issuing
n $4,000. .0OO \ per cent loan offered at
so. with Cancelled Russian Boxer in.
demnity rs security.
--AtrhiSOn > load!ngs last week totaloi
II no cars. against 81 .Os2 n year ago.
Total IoadingS for tho year to date are
l.MW.2 2>u. against 9s3. 40 last year
Tho average pric" Of twenty indus
trial stocks declined 90 per cent yr>.
;crlaI. 10 $3.50, while twenty rail.
roads were u.OU per cent lower. at
"l. 81.
The New York Curb has admitted
:" trading the first and rcfundimg mort. q.
Gagcs g. rcr cent gold bonds Of the
Sheffield Farms Company due October
!. 1912. "whcn issued.
- The i>>u" Of SI2I 900 OF > per cen,
cQutrm"nt trust "rrtifcatos. Series D
Of III" Chicago. Indianapolis and LoutS-
VIII" halfway Company. recently offer.
ed. has bcrn largely oversubs,rihrl.
III" NNw York Stock Exchange has
admi't"d f." the list l.20O.Unh NO par
va!U" shares OF the T!mkrn Roller Bear.
inc Company aud :5n.l 900 Il" pa" value
shares ~ tho Wickwir" Spencer St""!
Company.
Til" Montreal Tramw0!s Company.
for 'hc Year ended June 80. reports
gr"s> revenue OF So. i4l.iIS, Ne, in.
com" after "Np"E>"> and interest was
S|!i ,nW'. ana tn" surplus after divi-
dends amounted 10 Sl2G.;ITl.
-~Thr issue "t T5.un 900 Of F"lcra!
Land Bank iI.s. dU" in l9.i2. and Of
f"r"d yesterday morning at Il price "i
1Hl = and interest. 10 Yield ABOUT 4.3O
per cont, Wae fully subscribed thirty
minutes after books had been oucn"d.
Tho Sterling Product, Company. Inc.
for the tir,t SIX months OF 1872 reports 5
net earnings. after taxes and other de-
dV"t!"n4. "f Sl.GS5, 800. This. Accord
ing I" oth"lulS. is n substantial increase
over III" Z" rresponCtng period last year.
III" Department Of state. at The
IIaItuu Minister'S request. has post.
pon",i until i i. NJ. Thursday the open
inc Of bids Tor the new S1G ,0ON. .Opu
IluiiHm !,>u", wh!rh Will bear q per
con- interest and will be ralabi" II
'u.".y years.
TIA" report Of the k"r Mines. Ltd.
'"~ ru" Year "nded August u. suowni
l". profits Of $4l3.SI0 after "xpens, .
and axes. equal TO s!xty-"ight cents q
>Aure, a. against net profits Of S4TS.
41I. or Srv"nt, mine cents 4 share. for
Ia" previous Year.
The Florlda East Coast Railway. for
IN" year ended December 81. reports
groS, earnings of $l3,57p. 100. IL de-
rr"u>" Of Sl22 .0s2 from the previous
year. Surplus earnings after oil charge,
aud taxes totaled S7G6, 100. . decrease
# 81 All @!'l compared with 1870.
.-IiunGs did not ind n very actiy" mar
he, yesterday. and gains and losses we're
1bo4t equally divided. There were few
features in the days turnover Of about
$40 900 900. Strong support Of Anton
IIr."n Gs OF lyi7 lifted thar issue more
than = points. Interest IN LibCrtrs
VUs slight.
Jupan'S money market continues tc
be- rrs~iIuistic. As soon as III" market
showed signs Of sIarkcning in Ju.l. .
crowd - eager borrowers appeared, bat
rlr halkrr> remained shy and III" Dor.
forest aS high as 10 per Cent, oven q
~YrSjdiz,tl firm paying S.0I.
--Th" statement Of earnings for IN" trsr
righ- months Of 1922 by the Alas .
juneau Gold Mining Company shows
rhUr H." corporation earned pToti' oIl
- capitalization for the first tim" Stree
1914. Earnings Of August nnI June
wrr" sufficiently large 10 Over"om" def =
ir!t~ IN The other six months of The
year
4 new issue Of 81, 7,OOO.On Pcrn>I.
sanla Power and Light Company frs.
alpl rrlunding mortgage bonds. ~crj"- R,
} per cent. will be Offered today By It
syndtrarr beaded by the Guaranty COM
pany Of New York. Tn" bonds are
,lurr,! October !, 1922, aud arc duo DC.
robcr |. 1862. They are offered at 92a.
and interest, TO yield about Ii2 per
cent.
Reports nre again current that nego-
tiat!Ons are under way between Of
ficlals of the Youngstown Sheet and
Tube Company and the Br!cr Hill Steel
Company for possible consolidation Of
the Two companies. Both concerns are
mentioned In connection with the seven
company merger proposed early in the
yeur, but which fell through because OF
ilr inability of those concerned 10 come
to terms
July returns of the Colorado and
Southern lines show net operating in .
come Of $I44 ,O2O. compared with S4J2. =
900 for July. 1921. This is gain OF
90 per cent, despite shrinkagc in gross
revenue from SO, 13s, ,06G to 81 ,O48, ,0O2,
Or q per cent. Decrease in gross for
July is in about the same ratio AZ de :
crease for the first seven months. SIS
ncr cent, while net for this period il of
: ~ per cent from last year
,--Oficinls OF the Mexican Petroleum
Company expressed little concern yes.
terday over the proposed reported i'm
position Of new oil tax by the Legis.
iaturc of the State of Vera Cruz. Ac.
rording TO Mexican dispatches one o,
the DEGREES would tax plants for rein
Ing crude petroleum , per cent an.
nually a thousand on the value of th,
plants and their equipment. The othe
leyies a tax Of 2 per cent on crude oi
produced.