Salt Lake Telegram | 1925-10-14 | Page 10 | Wall Street Briefs

v Wall Wal Street Str et Briefs 1 The American Telephone Telegraph company earned 70 a 8 share In the thet t nine months month of or 1925 on average av avo av- av erae stock outstanding In hf hi the period i I against 31 a a. a share on stock outstanding In th the same period of ot 1924 Net Income increased to after charges and federal taxes In contrast contrat to a year ago Ilo The third quarters quarter's net was wa against In the same lame quarter last year The volume of telephone traffic Is unusually heavy beavy throughout the th i country countr said W. W S. S Gifford president I i and Is an indication of substantial 1 II genI general general gen- gen eral eal business activity I Gillette Safety Razor dee declared rt l an extra dividend of or 26 25 cents a 8 share hare in I addition to he regular quarterly of 75 cents enta both payable December 1 to tock stock of or cord November 2 An extra of the same caine amount was wal paid In the pie pie- ceding quarter New Nf York and Honduras Rosario lOin lOin- n- n ling log Ing company declared an Rn extra dividend of 2 per c cent and t the regular quarterly quarterly u I terly rl of ol 2 per cent t both thi payable I Oc October October Oc- Oc tober 24 to stock of or record October 14 1 i Net income of om S. S S. S Kresge reSe company for U dhe he nine months Of or 1925 Increased I to after federal taxes compared compared com corn pared with 11 the same period lot of 1924 The third quarters quarter's net was 1 1710 against In the third I quarter last year yer The stock of ot this company Jumped points yesterday to 30 William llam president of or General Gen Gen- eral Baking company compan announced he had hal accepted the exchange offer of the General General Gen Gen- I eral ral Baking Baiting corporation and was taking the stock clock tok of or the newly organized corporation corporation cor cor- I for nil all al of ot his holdings In General General Gen Gen- eral Baking company on the basis of or two shares of or A and six shares hareR of I B for Los Losone one har share of or General company stock He has been associated with General Genral Baking since Us ls organization tion ton ten years ago 1 The Tho ThO Standard Standart OH Oil 01 company of New ew Jersey has JI red reduced export gasoline In Incases I cases one half cent a gallon alion making the new price 2716 2715 cents a gallon The American bureau of metal statistics sic sta reports that clocks of blister and refined copper In North and South America at the end of September amounted to tons of 2000 pounds each against tons the month be- be fore and tons at x the end of July American Locomotive company has isa received en n order front from Chesapeake Ohio for five too ton Pacific typo en en- gines The American Petroleum Institute an- an n- n today imports import of crude and refined ref oil oils for fos- the week ended October Oc Oc- tober 10 amounted to pared compared with barrels for the preceding week These reports were received too late for inclusion In the regular weekly review The week has brought a a. number of favorable developments development In steel and probably has been more marked In that respect than In any week In months Iron Uon Age says The Iron Age composite prices are un unchanged un- un changed this week reek pig Iron at 1971 1941 per ton and finished steel at 2 2402 cents per pound Pig Iron IR is 75 76 cents cent above the years year's low registered July 7 while finished finished fin fin- steel is Ia only slightly Above the 2896 cent low point reached August 18 IL