Show 4 I I BUSINESS BRIEFS I Iy y o AMERICAN REPORT T. T NEW YORK TonK March arch 26 26 Consolidated net Income of t the e American Snip and ana Commerce corporation for the tho year i fg loss lota totaled llo lloU of U 1 In n as 1921 tf compared al U it ed edI vae with I disclosed disclosed dis dis- IS a ft alota closed In the company company's annual report Aggregate net Det Income of ot the corporation corporation corpora corpora- c tion relate and ancl it subsidiaries showed a a profit of ot ton I In 1 1 1922 22 an SM A against a loss loe of ol tho the year er before betor CHINA CANT CAN'T X o PAY rAY INTEREST John John John Abbott Ab Ab- MANILA P. P I. I March ach 26 bott bot vice president of ot the Continental Commerce National bank of ot Chicago who ha hal been bun In Pekin for tor five month months attempting to arrange for tor the th collection of ot the Interest on a loan made mado by hi his bank to tho the Chinese government nt sailed failed for the tho United State on the President Cleveland lie le said ald eld he wan wN Wil convinced that nothing could be bl collected collect collect- ed from China at this time NEVADA XE WOOI WOOL AT 44 4 4 CENTS RENO IlENO March 26 The The The top price on the 1922 1933 wool clip In Nevada Nevada to date dato was wu announced UZ by the Nevada Nevada Land and ant Livestock association to be 44 H cent cents paid pattI by tho American merican Woolen Mills Mill company compan to Peter Corta wool slower lower of Elko Eli county for tor 1000 fleeces feces GERMAN 1 1 1 BONDS OFFERED receiving subscription subscriptions sub sub- Fron Parson Son A Co are In the United States Stated to the tile Issue of ot German government treasury certificates certificate at par to yield approxImately approximately ap ap- ap- ap proximately 6 per pr cent The certificates are repayable reparable In United States State dollar April 16 15 1 1926 1026 12 at 10 per cent They are guaranteed byr by by the German Geman The tate state department ha ha notified the banker bankers that no objections objection will wi be raised by the government to the sale ale of the certificate WESTI WESTERN VESTERN EARNINGS The Western ter Electric Electrio company reports report gros groas rol sales sal of ot In 1922 1932 a a. gain cain of ot over 1921 11 giving the company com com- pany the e largest r t business volume In Its history r J Of tile the I total 0 I olne represented represented rep rep- I resented sales to tb the companies companie of ot the I IBen Bell Ben system I INet Net earnings earning amounted to from which wa was wa paid In In Interest interest In- In terest and bond amortization and I 86 In dividends dividend Earnings Earning amounted to 77 11 per cent on aver average avenge ge Investment for tor forthe forthe the year I At net working capital capia was waa 11 about tho the same as In 1921 but the company's company's com com- pany's anys financial pOll position lon was wa Improved by reducing bills bill bIls payable from t to Total assets asset are 6 1 19 4 0 6 l 1 I PREFERRED STOCK CALLED CALED I Bayuk Brothers Brothers' Drother first preferred stock Block ha has h. h been called for tor redemption April Apri 16 1 Holders Holder have have until April Apri 0 to convert their ItOC stock Into common on the basis baal bull of ot oti i two shares hares for e each ch share of ot the first preferred I TRANSFER AGENTS AGET Irving Iring Columbia Bank Trust company I has hu been appointed transfer agent of the preferred and common stock of Blumenthal Co Co Inc also dividend agent gent of ot the Tennessee Copper Copper Cop Cop- per Pt and Chemical corporation INSuA INSURANCE CE IN N X T. T ALBANY March 28 Insurance companies companies com corn panic In New York state did 10 1031 per percent percent percent cent more business last year ear than in 1921 according to tho the preliminary re report report ye- ye port of Francis R. R Stoddard Jr state superintendent of ot insurance to be pro pro- vented to the legislature |