Salt Lake Telegram | 1929-07-19 | Page 18 | Wall Street Briefs

I Wall Street Briefs I NEW V YORK YORI July 19 AP AP- AP Stocks of ot crude oil in C California at atthe atthe atthe the end of ot June totaled barrels an increase of or o bar bar- The dally daily daty average pro production amounted to barrels Sixty- Sixty two wells wels were completed with Ith an Initial dal dally daily production of barrels The Lehigh Valley railroad has bas received bids for electrification of of's s seventy five miles of ot its main line between Mauch Chunk and Wilkes Wilkes- barre Pa from rom th the General Elec Electric Electrio Elec- Elec trio company and Westinghouse Electric and Manufacturing com com- puny American Brown Boveri company company is reported figuring figurin on Cli a bid bid The he cost of the project Ts estimated estimated est est- esti esti- mated between and 10 The section runs through mountain territory Sales Sales' of ordinary life insurance ran e showed an an Increase every month Inthe Inthe in inthe the first half of or the year ear over the corresponding 1928 period January made mAde the largest gain with a a. a 16 per percent percent cent Increase while April was was' rec- rec ond with wih a 12 per cent gain In the twelve months ended ende June 30 sales increased 7 per cent over the preceding pre pre- pre pre- ceding t elvo T First National PI Pictures tures Inc haa hau called for tor redemption on October 1 all al its outstanding 7 per lIeI cent second 1 preferred d A and 7 per cent second preferred B stocks a at t par and md accrued accrued accrued ac ac- ac- ac dividends The Tho company's participating 8 per cent first preferred pre pro was was retired on July Jul 1 Morris Markin Mackin president of ot Checker Checker Check Check- er er Cab la company said at the annual stockholders' stockholders meeting today that the directors were studying a dividend nd policy He rep reported earnings for the tile first six si months of ot 1929 at 7 6 4