Show 4 t Wall Street Briefs w i y Philadelphia dispatches say that Ji- Ji rectors of the Atlantic Refining ibm ibm- piry again have decided to omit the tho dividend on on the common usually pa blo September 15 The last divi on r the common was paid Juaa Jun Tl 6 Standard Oil company df New Jersey has reduced fuel oil 10 cents a barrel making the price In New York hork harbor 1185 a barrel plus lighter light light- er ago charges of 6 tents cents a barrel Scrap steel in the s valley 1 ii quoted at 20 a ton a at i advance of tf tl 01 a ton from recent Net profit of A. A O. O Brothers for the first half of 1925 Jumped to equal after first and second preferred dividends to 1201 a ashare ashare share on the common stock compared with or a share lr ho th the corresponding period of 1024 A deficit of Is reported by Superior Oil for the first six aix months this year against a deficit of In the same period of 1924 Stocks of zinc In the hands ot of American Amer ican producers on August 1 amounted to tons tons a drop of 2135 tons inthe la in lathe the month Production was tons making the seventh months months' total tons a monthly average of In the same period last year Favorable prospects for the Southern Pacific the remainder of the year ar are forecast by H. H W. W Deforest new chairman chairman chair chair- man of the executive committee Summer Sum Sum- ncr mer and tall fall crops cropo along the company company's lints illis except the Texas cotton crop were good with a promising outlook he said and crops west ot of El ElPaso ElPaso Paso and Ogden so far marketed have brought better prices than those of last Jaet year The cotton crop west of El ElPaso ElPaso Paso will be materially greater than last year acres having been planted In the San Joaquin valley which has become an important cotton growing grow grow- ing Ong district The reduction of 2 cents a gallon in wholesale gasoline by the Standard Oil company of New York has been met by bythe bythe the Texas company and Sinclair son son- Oil Owen D. D Young chairman of the General Gen Gen- eral etal Electric company today denied reports that he would become head ofa ot of ota a new airway company Having spent the greater part of last year abroad oft on the tho reparations program he intended now he ald eald to devote himself exclusively to the business of the General Electric company and the Radio Corporation Corporation Cor Cor- of America I do pot not intend to accept any position which will Interfere Interfere Inter Inter- fere with those activities he asserted |