Salt Lake Telegram | 1926-04-05 | Page 8 | Market Briefs

a Market Briefs G NEW YORK April 5 AP The AP-The The At Refining company former Stand Standard Stai ard Oil subsidiary earned 1153 a in inon on the common stock in 1925 after p dividends In contrast to 6 A 51 share the year before Gross Inco was the second largest to any year In the company's with In 1324 1 Income after all charges was the year Profit and loss surplus rose to 2 23 from 2 In 1923 1921 Iii company had net profits of only Common stock of the Outlet comps has been placed on an annual basis of 3 a share with an quarterly payment of 75 cents a sha shaAn sharAn An extra dividend of 60 50 cents also v wa declared The International Oxygen company o Newark N N. J. J will erect lx Plants two acetylene plants on on we weIng weld log Ing plant two welding schools school and number of welding establishments the soviet union within the next nest th hire years year the Russian information bur reports A. A A A. A Heller treasurer a general manager of the company w wh recently returned front from Russia fi esy is ii an enormous field for the c cut ting and welding Industry In Russia Heavy melting steel In the district Is quoted at 1360 1350 to 1340 ton a decrease of to ISo a ton 4 3 Net profit of Willys Overland corn co copany pany for 1925 1926 rose to af all charges equal after preferred d o o n it share on the comm compared with or 23 genta a share on the common n In 1924 Tj Owens Bottle company compa ny reports f ne profit of for 1925 1025 equal at preferred dividends to a share sharel o othe the common on stock against a share shar are In 1924 4 March of McCrory stores bringing the total for It th first three months of 1926 to an Increase of 9 per cent over l first quarter of 1924 1 Brunswick Collender corn reports net lOss oss of for contrast to net profits for th the fl quarter of 1926 1925 amounting to March has been a month ot of stock prices for the last four yea In 1923 the downward movement began In March continued through It late summer when prices headed beaded Jt ward again only to turn reactionary March 1924 price continued downward until June wb prices moved sideways for awhile then bounded upward In what Is n known as the CoolIdge boon boom one onel othe the longest bull markets on record i J The movement wa was arrested In 1925 when the of twenty leading dropped from to So I 1567 hut but sta ed upward the next month and continued con ce with the th exception ot of temporary break last November un February 11 this year when the reco breaking top of 07 was established establish The average slipped to end of February Early In March cai camu the first sensational break bringing t average dawn to tn in three da days Then a moderate recovery followed another collapse toward the end of oft thu month the average touching or March 30 but rallying to ft thu next day 1 I S