Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-11-28

outlet for its productions held bv
any american motion picture organ
Nation as a result of the deal re-
Gently completed with the Uniyer.
sum Film Company of Germany.
AnoWn as the Ufa, according to in
terests closely identified with the
american Corporation. Carl Jaems
ME, president Of Universal, sails for
Germany, December 8, to complete
Inc necessary arrangements.
Ludlum Steel Company reports
.isI earnings for September of $50. +.
o. available for dividends and sur
plus, equal to an annual rate of 81
a share in contrast to S6.993 in SEN
TENDER, 1924, or an increase of a bopt
ooO per cent. Sales Of the companv's
specialized steel products have ex-
panded greatly. The latest balance
s sneet shows total surplus Of 81. O47. :
5Vo equal to $14.40 a share.
, Inc holding company which fs IN
pc organized to take over KeIyinator
corporation and Nicer Corporation
VIII be known as the Electric Re-
Irigeration Corporation, it was re-
ported today.
G. H. Markham. president ~ +he
Illinois Central, seeks a better omen.
ing for 1926. Unquestionably. he
said, the first four months Of the
year would be more active and earn
inss OF the railroads would be above
those OF the early months of 1921.
year ago Mr.. Markham predicted
tnat 1873 would witness the most
eVenly distributed prosperity in re-.
cent years. IF Agricultural on1
business conditions shape nm riehtIv
curing the second quarter of 1926
the year may well be one of greater
rTaainiroad traffic and earnings than Of
40. The farmer has definitely
joined the ranks of the prosperous.
so mas the cotton grower. The coal
movement has improved, lumber
men In Louisiana and Mississippi re.
port good orders which will mean
neaVler Shipment of stone, brick and
cement, and structural steel"
The oil trade hears that in rorth
1exas and parts of Oklahoma nrs.
lliiuns on crude oil are becomine
more prominent. Offers of o5 cents
barrel above the marget being re-
ported In the Wichita Falls district
ana lO~cents in the east.
Earnings of Crucible Steel Com
pany In september and October we've
SAID TO have been at the annual "a "a
OF ~ a share on the $4,000 shares Of
common, with an upward tendency
prevailing. Working capital on Au-
gust 81 the close of the fiscal wear
was S26,369,24S. The directors meet,
ing december Is is attracting atten-
ton in the street.
October earnings of the st. Louih.
gan Ear francisco Railway gained S13S..
oel over october last year but sur
plus alter charges was s435,326 less,
amounting to $S54,102.
The New York Telephone COMPANY
has authorized an additional exnan
ditpre Of S41SO,365 for new constrlc-
ton. bringing total appropriations
since the first of the year to s6O.9Sl.-
9So, of which nearly s54,OOO.OO0 was
set aside for plant engagements in
the Metropolitan area.
Conditions generally in Canada are
improving: danger of losing any
great portion Of the crop is past and
movement of grain from now on will
be heavy and steady, President
Beatty of the Canadian Pacific said
today. He expected gross earnings
of the company in 1926 would show
improvement over 1924.
The Atchison. Topeka and Santa
Fe has ordered additional equipment
including $50 gondola cars from
American Car and Foundry; 500 au-
tomobile cars from Pullman Car and
Manufacturing Company and 500 box
cars from General American Tank
Car Corporation.
Stockholders of the U. s. Realty
and IMPROVEMENT Company will vote
December on a proposed increase in
capital stock to $1.000.000 shares. no
par value. of which 666,457 shares