Salt Lake Telegram | 1926-02-18 | Page 13 | Wall Street Briefs

I I Wall I Street Briefs I II Q NEW r YORK yonI Feb 18 8 tAPi AP Organization atlon of ot the General Public S Service corporation cor to 10 Invest In of oC public utilities has be n completed with tile 11 lie I election ele-cUon of or a permanent board of ot directors tors which Includes representatives of Ot Stone Slone r. r Inc Estabrook Co Blodget Co and Anthony i iCo 1 Co c C. W. W Kellogg i la 18 president The Tile corporation owns owns all ii the common stock end and A majority of ot the preferred stock of ot the tile Public Service ln nt t nf n-nf company com COol pany any which owns public utility i stocks stocke tock haying a II market value of oC received by the Hunkers Trust company of ot New York jork ork state slate that thai experts of nt phosphates from Crom Morocco to Le Europe In 1925 aggregated tone tons against In 1924 Net et Income of oC tile the Simmon company for Car or the tite year ended November 30 1025 1028 advanced ad to in o tr trIm from m In the preceding corresponding period This was woe equal after aCler preferred dIvidends dividends divi dIvi- to a share hare on the common against t a share hare the year be be- be fore tore February traditionally 40 n off oct month oln In lb the stock cloCk market Is ii running running running run run- ning true to 10 torn form thu this year in Ine opinion of ot many experienced observers Recent accent trading In stocKs stacks according to large brokerage houses house has hall been confined largely t tb to professional proCessional opera opera- mrs toi-i Judging from Crom the coll collapse ps of oC the tile rood food Issues Devoe Reynolds and af a f f. f w f.-w oilier specialties the bears beare have haVIl bad tile the best t of ot It vo o f tar far b but large g tm rt profits also o have t been e n by bull traders In a number of ot high high- priced P specialties such curb as al American Can General Electric anti and Allied Chemical Chem Chem- teal ical which h ar are selling ceiling 18 15 to 40 points point above the prices prevailing at the Ind nd 9 I. I t t