Show Local l Bond IT And Security Dealings f v t Co cc are offering 1 u- Los Lo Angeles Oas Gas and EI Electric Electrio corporation general and ard refunding mort- mort v e gg o s per cent gold bonds series F. F a n d March 1 1123 and maturing v t March I 1 1043 This issue la Is secured un- un fler the tho general mortgage by property which Including the additions provided for tor forby by this hla financing together with the proceeds bf bC a previously VI authorized i Issue Is- Is sue hias ceta of O O preferred Jh stock k Is conservatively valued tt t over than 1116 times the corporation corpora corpora- tion a total funded debt including this Issue lesue Net earnings for the year yeas ending January 31 1923 un were or more snore than 49 times Interest requirements This Issuance of these thea bonds has been authorized by the tho railroad commission of orthe the state of California and anti application application application tion has haa been made to the superintendent dent of or banks to have them as a legal local investment for savings banks iThe The he bonds are offered at 97 07 and In- In to yield about per cent 0 S C C CS Moodys Moody's Weekly Review of Financial S Conditions In its current Issue says Bays Input in part put Call money in February recorded the 1101 highest average since the bull movement move move- mont meat began belan although money is 4 fly lly cheap eap at this season Rates Kates are ad ad- In response to the larger larer production production production pro pro- and the higher her prices Commercial Commer Commer- cial acceptances acceptance now represent the tho chea cheapest money on the market b beng even cheaper than call loans loana and the theS S advantage as to rate ratu las Has passed from the stock m. m market to t the merchant and t tn producer d The rise of interest yates vates should b bs be expected to continue through April because of the great creat trade achy achy- which the demand for funds fund bould relax during tho summer eummer dull pe pe- pe- pe nod Then If tho crop movement and the She autumn trade are up to norma nonna money rates should begin advancing again in the arly any autumn Call money I is apt to be pretty cheap In t the e summer summer sum sum- j mer mn when wealthy traders an and Investors are are away way but the trend bf commercial t paper per discounts discount should be pretty stead Mead steadily lIT ily upward although tho the rise promises t to tabs be slow V. A S S 0 EW uW YORK March 18 AccordIng According to Professor Irving Fishers Fisher's figures figure the dollar dollaris Is now ow worth 03 cents a as aa compared compared com corn pared to 1013 1913 jf t Western for tor 7 year U ended December December De De- cember 31 last laet earned 1066 against ae n. n 1750 o In 1021 Canadian Pacific for second week March decrease from January 1 increase 1 0 43 r Western e Electric for tor year nd d December De Dc- I De-I cember comber 31 S1 earned 1929 on shares no nonpar par common against 1235 on shares In 1931 1031 1 |