Salt Lake Telegram | 1926-03-20 | Page 6 | Wall Street Briefs

o I I Wall Wal Street Briefs 0 I NEW SEW TORE TORK March fach 20 AP The AP-The Th general prosperity enjoyed b by barlou various arlus oU oil companies In 1925 I Is I. further furte re reflected Ce f tell In the the report of th lii ac Vacuum um Oil 01 company showing a a Jump In net profit profi of after afe Inventory In depreciation depredatIon de de- de- de predatIon federal taxes and nd other This charges from In 1024 1524 Is la equal to 1973 a share hae on the th capital capi capt tat tal ta tock stock against 1702 a I share In in 19 1924 Dividends Dividend of were paid In 1125 leaving a balance blance o of carried tarried to surplus Stockholders of ot American Machine Macline and Foundry company will 11 vote ote March b 26 on a proposal to create crae thirty thousand thousand thoU thoU- and shares abare of 7 per cent preferred stock ock par ar and an Increase of ot shares share In common SOO par to shares The common will alit 11 b bo be exchanged on the basis bula of three thre shares hare of oJ New Se York rork for one of old Stockholders Stockholders Stock Stock- holders will 1 be offer offered d shares hares han of preferred pro r pro rata ta at par The preliminary report of nf the Chicago Burlington and Quincy for or 1025 19 shows net ne Income of or after taxes tau aler and charges charre equivalent to 1240 a shares hare on capital stock against In 1924 1524 12 or a share bre Park Pak Utah CO Consolidated Mines lObes company com corn pany the largest producer of silver lver In tn Utah Utush h last lat ear ar ar reports net Income of ot for 1925 after depreciation taxes development dc work and construction construe construe- tion of 44 per r cent of the total Income of onU 0 1 l an unusually u y th high lh profit ratio Tato Sales San of ore o of the tile combined d properties were George W. W Lambo Lambourne rne president stated that the value of the combined ores ore mined after af tic ter smelting charges and and freight was I 1538 S a a ton Private pr le dispatches revived d In Wall lail Wallstreet al street from Berlin state tae the tho largest producer r o of rayon In Germany German declared a dividend of 0 IS U ISper per er cent for 1 1925 1525 Production of manganese In the tie Chia- Chia tur mines of ot the soviet union now operated operated oper oper- sled by the Interests under undera a concession showed a a. large arge Increase In the fiscal fiscal- quarter ended January Januar 1 1 the Russian information bureau re report re- re ports port This Is la the first frt period of normal nor normal mal operation under the concessionary The output of for the ore quarter wa ws tone tonn compared with wih tons ton tOD the same satie period a year ear ago Output o of the tle concentrating plant was 1112 tons against 1123 ton tons A. A G. G A Bros Bro reports net nt Income of 5 for 1925 equal af after af ter preferred dividends dividend to 1303 a a share hare 1303 on 5 2 shares hare of common connon stock against or 1203 1302 a share Ibare on un shares of common connon In 1924 A special meeting o of stockholders o of the Jewel Jewe Tea company wIll 1 be b held hel at Cental Valley Valey N. N Y 1 Y on April Apri 1 12 to consider a reduction o of or the capital capia al stock stockby ck by voting on a pro proposal oa to io retire the pre erred stock held lurId In the company's Sales alu for tor the first eight we weeks k thin ibis year Sear were against 12 2 In th the same period last year The Tite Kansas City Southern Railway company fIrst to report earnings for February had railway operating Income of an increase of over February lat last year Net revenue from railway operations operation was a gain of Hallway operating Income for the first two months of or 1926 1924 amounted to an Increase of over the corresponding period of 1925