Salt Lake Telegram | 1928-09-19 | Page 8 | Wall Street Briefs

1 Briefs 1 ii NEW YORK Sept 39 19 AP sales sales of sheet steel were net tons and production tons the National Association tion ot of I Flat Rolled Steel ton reports Total shipments were tons Unfilled tonnage on September 1 was tons with wit tons ot of finished stock on hand awaiting shipment shipment Ap proximate In stock un ld was 51 tons Hot mills mis In the United States totaled 71 with capacity for August Augst or of tons International Printing Ink corporation cor- cor in Its first earnings statement statement state state- ment since its Is consolidation ot of four our Ink manufacturers shows net profit ot of jot jot- ot the te first halt half ot of 1928 equal to a share on the com com- corn corn- mon after aHer preferred dividends Sales were Net income or of the G. G TI n. Kinney Co for or the halt half year was against In the t first half hal ot of 1927 Total net sales were 8 an an increase of per pr cent Plans for trading in securities on the New York produce e exchange lre understood to be nearing corple- corple comple- comple list In Inthe inthe tion lon A of proposed changes the laws bylaws has ha been distributed d to members No time has been set for tor the opening ot of the tle security do- do The Kansas City Southern Souther way first c to report lust A August earnings shows an a Increase ot of 19 9 In railway operating to compared compard wih August 1927 but a drop or of 1524 In railway rail rail- way operating revenues expenses were smaller than thana thana a a year ago Railway y operating Income income In- In come for tor eight months this year eaT was a a decline ot of 1508 1 from the same period perlo last lat year Bituminous coal mined In the United States in the week ended September 15 reached net tons the National Coal association estimates The bureau ot of mines reported reported re- re ported net tons the week before August Augst gross revenues re of oC the Northern Pacific will wi show an increase In in- crease ot of about halt baIt a a million dollars dol dol- Sats lars over August last lat year says sas Charles Donnelly president American Chain Company Inc and subsidiaries In America report prom M if for tor the first half of 1927 out but after deducting depreciation depre depre- caton charges net loss was against net prom profit ot of In the first halt hal ot of 1927 Thomas Thomas Thomas' C. C Powell Powel president ot otho the ho Chicago c Eastern Eater Illinois says ays the road will wi have ha better net railway rail raU- way operating Income for August than a year ear ago despite smaller gross revenue due to a In operating expenses General traffic In September Is showing a again again gain over last las year ear