Show Q i Wall Wal Street Briefs I i NEW YORK June lune 28 23 AP The AP-The The New NewYork NewYork NewYork York Central railroad hs has ban signed contracts contracts contracts con con- tracts for Installation of of a complete system eye tel tem of train control on line lne between between between be be- tween New Now York and Chicago The stretches between New v York and Al Albany Albany Al- Al bany Syracuse and Buffalo and Cleeland Cleveland Cleveland Cleve- Cleve Cleve Clee- land and Chicago are not now so protected protected pro pro- but butwill will wl be when the work under the new contracts Is 14 completed American Bond and Brokerage com jiom- om pany announces that the first firs mortgage 6 Y per cent gold bonds ot of Tremont Street Railway company compan Boston lIes Dos ton are called caled for redemption at and accrued Interest on September l 15 May net operating Income of ot the Pennsylvania railroad Increased to 10 0 from In Slay May ay last laet lat seat ea and for the five months of 1927 to 42 2 42 from In the same period of ot 1926 1026 Surplus of the New NewYork York New Haven Hartford for tor the month was after charges against 2546 a year ago ag and for tor the five tive months against Inthe in inthe inthe the same period last las year Analysis of the tle industrial report reports re received received received re- re from seven Imp Important centers re reVeals reveal reveals re- re veal nothing in the way of ot substantial improvement nt in the trend of machinery and machine tool business American Machinist reports report Slight Hurries flurries In J. J buying Int interest rest occurred In a a. few lo localities 10 but n in most cases a lessening 10 1 or of activity has ha been noted Directors of Ohio Leather c company have authorized purchase of 1500 shares of ot 8 per cent preferred at 80 a a share About shares are outstanding with wih dividends of 10 0 in arrears The New York cotton coton exchange memo mem of Arthur Card has been sold for tor to Somer W. W Orvis for tor an an- other The previous transaction was at Suggestion by bankers banker to segregate stock and bond loans showing exactly where the burden rests In weekly and monthly reports of brokers brokers' loans a are meeting with widespread approval l In Wall Vall Val street and probably will wi be submitted sub cub to officials of of- tho the New York stock exchange in such event it I is expected a a. moderately higher rate for bond than for stock loans would be es es es- Indications alons point pInt to little Ute change In June earnings of ot the Atchison cange To Topeka Tope ka l Kansas ns from those of ot a year ago says W. W B. B Storey president sy pur per Our movement movement move move- ment met of ot general m merchandise traffic Is Os somewhat l behind last year while lumber and coal col freight are also diso ls off slightly The Kan wheat harv harvest st has haa Just about aut started moving and it is expected It will wi be about thirty or forty million milon bushels below a year hg go hgo The Texas Texa Panhandle wheat crop also als Is und under lat latt year ear especially In the territory where Atchison recently completely now new exen exten exten- pion r I i The St. St Tx Luls Louis Railway sl ay had a t of for May t after f t tot taxes cs and nd charges r in contrast t t to surplus u of ot In May last laet lat yer year Surplus for forthe the five months this year was nas wa 8 against surplus of ot 50 a a year er ago The Denver Rio Grande Grands Glande Western also als had a deficit for May of ot 18 a against surplus of ot In May a a. year ear ago fco so o did the the W Western tern Pacific year yer ago against a deficit of a ayer Stockholders of Welte Estey-Welte W le corpora corpora- tion ton on 0 July Jul 7 1 or will wi consider a proposed reorganization of the dOte company and sad sada a a change In name to the Welte corporation Authorized capitalization Is ii p planned nned to Include of ofa a new par no-par include value 1 u preferred r j tf o shares of f par no-par common and year E-year 6 per it ce debentures r Consolidated Railroads of Cuba Cubs earned r a a- a ashare share shae on the G 6 per pcr cent stock In Inthe inthe the nine months ended Marl Si 3 31 with net Income of J The Cuba Cba company corn com cm pany earned 86 cents cent a o. share on n the common CoI com coni- mon In earne the same me period peIo after 7 I per cent preferred dividends dividend with wih not ot Income of ot t L Stockholders rs of the Detroit Copper anSI and Brass Rolling Mills company have aPproved approved approved ap ap- aP- aP proved itO sale for tor tor approximately Is to the Anaconda Anaconda ales corporation corpo corpo- ration raton subsidiary of Anaconda Copper Mining company Samuel amuel 5 M. M pr president nt of Baldwin Baldwin Bald Bald- win Locomotive Works says Bays there Is I no I foundation for tor reports that he ho might succeed suc sue Guy E. E TrIpP who died recently as a chairman of the Electric and Manufacturing company do Cs 40 80 80 80 Rims 7 56 6 1 95 95 I 95 R B Gr do Sul ul Os S 46 48 1014 I Santa Fe Ar Arg 75 42 U l 3 04 Ot 94 9 94 S Paolo St S 36 36 1 I d dd do 75 66 98 88 8 98 18 98 08 Sax Pub Wk Wit is 45 15 2102 s do 61 51 5 3 97 97 97 I 97 Seine 75 42 U 8 S Seln C Os 62 Cl 62 3 98 98 98 Sweden 54 7 10 1 10 1041 4 10 Swiss Con Is 6 40 40 4 11 ih 4 13 13 do S O s e 48 7 2 El Si Pw Pu 4 Is 55 66 1 4 06 G 96 98 Vt 96 do 29 7 3 3 96 96 96 96 96 E B Lt 65 28 18 1 98 98 08 98 I City Os 52 62 1 75 76 78 75 75 7 6 B 55 65 2 9 94 99 99 99 El Si P 1 97 99 97 h 97 Up Cp Aust 7 7 45 46 91 98 Vi 98 9 98 98 Up Hy My El Is I 3 97 97 97 9 Uruguay 46 11 11 do C Gs GO 60 8 4 10 95 91 95 i 96 08 Cope Copenh nil Os 68 37 3 16 18 96 95 94 94 04 9 E S Pw 28 20 94 54 94 94 04 YoI Yokohama ma Gs Cs 61 1 23 92 nl 92 Tot 1 eales s Previous day Week f. f Year ago Igo Two years ago J January 1 to date Same year ago Same two years ear ago 4 |