The Brooklyn Daily Eagle from Brooklyn, New York • Page 11

HE UHOOKLVN DALLV UiLK. 2i i ulDAY. JL'LV '21, VJS, 1 11 SALES OF BONDS Houston Oil Shows Decline in June Quarter months ended June 30, 1 25. ar equitJ. after preferred dividends, to 73 cents a share on common shares.

The income account for 1925 BROOKLYN CITY R. R. GROSS AND NET INCOME LOWER SPECULATIVE RAIL BONDS DOMINATE MARKET WITH GAINS galea UNITED STATES BONDS. Ralea 909 omitted. Hish Low Lat Quarter 000 omitted.

we-n Salea 009 omitted. Hlth Li, 2 Col Gas 4 5s "27. lot 4 1004 1 Com'th Pow 6a 101, 3 ConGasNY 5Vis 1034 Six mu. 3-i lift RH.J Quart'-r June Sit. tiros Inc.

H.i.A,4';S 4.ST5.M Dnrit JSl. uiS M.tr. "1 1 974 974' 977, 1 Penn It 5, '68 101 101 101 30 Penn 6V4s'361K4 110 110 6 Penn 7s '30. .1084 184 1084 14 Peo A inc 4s "90. 4 1 Pere Msrq 5s A '56.

984 984 RADIO CORPORATION SHOWS QUARTERLY DEFICIT The Radio Corporation of America gives the following of operations for the quarter ended June 30, 1925: Gross income from salof, com-munirations and other income, Deductions are as follows: General operating' ind administration expenses; depreciation, cost of sales, ptttent amortization, estimated Federal income tax and accrued reserve for year-end adjustments, total for quarter ended June 30. 1925, $391, 053. 0. Surplus profit for six front ha ended June 30, 15. $1,537,276.63.

Net profits, $1,537,276 for six 17 Uberty3V.s....lOO-Zo ltwis iwxo 6 1022 10128 101.30 55 100.30 10022 10023 158 Liberty3d44s. 101.15 101.12 101.15 1 101.3 101.9 205 102.7 102.2 102.3 32 USTre.s4s 1C6.10 106.10 73 USTreas 4s '54. 103.00 102.30 1C300 2 Con Coal Md 5t '50. 04 80) i 1 Cons Power at '52. 97 97 1 ContPap4B6Vts'44 85 85 4 Cubs db 8s 1004' 3CubaDomSu 7V.s'44 97'f 97 The Houston Oil Company reports for the quarter ended June 30 net before depletion and depreciation of $563,713, against $783,112, and for six months $1,048,615 before reserves, as against $1,786,804 a year ago.

The net earnings are equal after preferred dividends to share on 249, 686 common shares, against $2.59 a share In the June.1924 quarter. Xet Income for the first six months of 1925 after depreciation and depletion was $861,493, or $2.38 a common share, against' $1,593,045. or $5.31 a share, in the 1924 period. Inrlo-les rnlmlnfstratinn prtxt of Mtlen. paTfnt innrt1oi-ton.

estimmtfd Federal tpix and arcrueil renerve for year-end Net profit. Laat 1014 1034 804 97 85 1004 97 f24 106 109 94 t4 24 1C44 1014 84 987-, The Hon. Alexandria of Foreign AtTairs of Poland, an ft party, will occupy enmpartmentit A. B. and F.

car 3 a I no drHwinK room A. cr 7. on the Broadway limited, train 25, from Now York. July 24. to Chicago.

Decrease in Passenger Revenue and Increase in Taxes Reported. Tlie- report of the Brooklyn City Railroad for the month of June shows a net corporate income of $152,347, compared with 1197,704 In the same month last year. Passenger revenue decreased $30,994, while operating ex-pens and taxes showed an increase of $7,627. Earnings for the year ended June 30 show a net income of compared with $2,052,119 in the previ-ous year. INCOME STATEMENT MONTH OF JUNE.

St. Paul Issues Up Sharply. Government Loans Irregular. Foreigns Steady. Speculative rails featured the bond market, with gains most pronounced In bonds of the St.

Paul. The 4s of 1925 of that road advanced from 47H to 48H, refunding 44 from 47 to 48H, debenture 4s from 48 to 48 and Puget Sound 4s from 47 to 48 V4. Ann Arbor first 4s were an exception, canceling most of Thursday's advance with a decline to 74. New York, Westchester and Boston 4s, Missouri, Kansas and 1 Phils Co cv 6 Vis '38 84 84' 8 Philippine Ry 4s '37 3 2)4 6 Pierce Motor Ss 1C4 1 Pillabury Fl 6, 1014 2 PCC 4 StL 5s A '70 84' 84 1 PCC 4 StL 5s '75 984 984 1 Portland Ry 6s '47 994 99)4 10 PressedStCar 5a '33. 93 93 1 PubSerEAG 5Vis '64103)-, 1034 26 Pub Ser at 1044 2 Cuba North Gs 924 '-24 13 Cuyamel Fruit 6s'40 97) 97) i 2 Del 4 Hud cv 5s '35106 106 6 Del 4 Hud 7s 109 109 4 Den Gss 4 El 5s '51 94 94 2 Dea 4 4t 83! a mi f84 f8 SH FOREIGN BONDS.

7 Ant Jurgens 6s "47.. 98H 97 1 Antilla 7V4 '39. 91. 91? 12 Argentine 6s A 96 8 96V, 2 Argentine 6s 95 95i 2 Argentine 6s 96'4 2 Argentine 7s 103 103 3 Austrian 7s '43 99V, 99' 2 Belgium 6s ct 86 86' 2 Belgium 6s ct '49. 92H 92H 93 mi mi 96'4 954 103 99H 16H 92H 834 1034 98 100 DenARG temp 5s'55 60.4 5tJ-g 604 4 98 101 1924 1024 1074 984 Texas adjustment 6s, Frisco Income 93 1.31 r.

NEW ISSUE 924 a 4 35.043 19Z5. Pnsnonicer revenue 9960.421 Other revenue 95.921 Oper. expenses nit taxes 795. 31 Income deductions 47.9S2 Net COmor.ffi innm. 153.147 79H.0US 41.24 2 Belgium 7s 108H 108H 2 Belgium 8s '41 107 1077 107H 1 Bergen 8i '45 113H 113J4 H3M 17BoUvia 8s '47 96 S5'i J5'-4 2 Brasil 7s '52 82H S2H ,7 Pub Ser 6s '44.

987, li 2 ReadCNJ col 4s '51. 924 924 2 Rem'tonArmt 6s '37 K. 4 2 Rep Ir 4 St 5'5J 92 92 25 RioGAW col 4s '40. 74 74 2 Rim a Steel 7t ct '55 9 4 884 2 Robbins A 7s '42. 654 654 4Rog Brown Ir7s'42 C4 i4 1 RI ArkAL 4s '34.

St ,4 8t4 197.704 92 74 PALM BEACH, FLA. 1064 1044 TWELVE MONTHS) ENDING JUNE 30 1934 2 Det Edit col 5s 101 2 Det Edis rfg 5s '40. 1024 1024 1 Det Edis 6s '40. .1074 1074 74 Dodge Bros 6t 984 98J, 7 Duquesne Lt 6s 106 11 EattCubaS 7s 1P44 3 Erie 4 a 6a 1044 11 EmpGwiF 7s 1C3J, 3 FlorECoast iV3 '591144 IU'4 1 Flor Coast 5s '74. 944 5 FlorWettANor 7s'34ll7)g H7J-S 2 4Ht '52.

644 Pasnenter revenue. .111,193. 299 tll.T74.929 Other revenue 409,938 451.330 $4,200,000 884 66J4 uper. exp. A taxea.

.9.724.794 t.ll),00j Income 600.325 5K4.13S (4 97H 91. 101 2 Brazil 8s '41 mi 88, lBuenosAires 6a'55 97H 97H 4 Camaguey Su 7 '42 91 91 2Cnads5s 101 101 Not Income 1,640.909 2,062,119 4 H'44 1C3.4 1144 944 117,4 r. BROOKLYN STOCK 81' AND BOND-PRICES 914 814 914 174 54 i S44 ui oz Aia con os 40 and adjustment 6s and Seaboard adjustment 5s were higher. U. S.

(Jovernment issues were irregular, but the net changes were smaller than In previous sessions. Foreign bonds were steady. The day's new offerings brought the total of new issue for the week to $111,68,2,000, for the month to $311,414,600 and for the year to $2,766,286,700. Foreign issues featured the week with a total of $86,000,000. Trumbull filed.

The National City Company has purchased a $20,000,000 issue oi' bonds of the Trumbull Steel Company, and it is expected that public offering of the bonda will be made In a few days. The price has not been announced. Cwvh Loan Rumored. Negotiations are reported under way for a $50,000,000 loan to Czechoslovakia by a New York banking group. It is reported that the National City Company would head the syndicate making the offering, which being held back until the political horizon of Czechoslovakia becomes clearer $30,000,000 to Denmark.

fOf, (Quoiatlona by Hanson 4 Hanaon.) NATIONAL BANKS. Dividend BI4. Asked 644 944 994 1034 1104 1214 1164 1C14 K14 4 9174 160 473 0.4 ISO 465 475 ma 0 81H 8f, 894 Hotel Alba First Mortgage 6V2V0 Sinking Fund Bonds The bonds are a direct closed first mortgage on the new HotJ Alba and land in fee, now being erected on the site of the old Palm Beach Hotel, to be completed and ready for occupancy next January 1. The building, 9 stories in height, will contain 533 guest rooms and will be in the first rank of the resort hotels in the United States in design, equipment, finish and service. Independent'appraisers value the completed property at more than $6,500,000.

Net earnings are estimated at nearly three times the greatest annual interest charge. The bonds are the direct obligation of the Southern Florida Realty Corporation, of which Mr. M. Heckscher of New York City is president and principal stockholder and of which Mr. August Heckscher is a director.

Through the operation of a sinking fund, all of the bonds but $1,306,000 will be retired prior to maturity, June 15, 1940. Price, par and accrued interest to net 6lz Write for CIRCULAR Q-293 8 2 Canada 5s 10274 MX 2 Canada 5s 102 102 8 Canada 5s 102st 1 Chile 7s '42 101 101 101 5 Chile 8s f26 102M 102? 8 Chile 8. '41 108J-S 108)08 2 Chinese Ry 5s '51. 414 41? 3 City of (Mo 6 97? VIH 97? 5 Copenhagen 59 '44 98' 8H 3 Cuba 5s '63 100i 100 100 1 Czecho-Slov 8 1004 lWi 16Ciecho Slov 8s 100 100 1 Dsnish Hu 8s A MX 7 Danish Mu 8s 46.111 111 111 7 Denmark 6s '42 104 103 103s 73 Denmark 8s 110H HOH 2 Dep of Seine 7s '42. 87H tQi 87.4 95H S54 95ii 1 DuthcEI5'53 MarlOOH 1004 1004 1 DuthcEI553 Nov 100 100M 100H' 2 Dutch Ind 6s 102 102 44 101 101 1014 OU2 610 944 109 Buhwlc.

Chaaa lis Flrat Brooklyn $12 Greanpolnt $6 Naatau 112 Paoplea $8 Public, now 6TATB BANKS. Arr.irlca, free atock Do. votlns tr ctt BankofCojey t9 Corn i Hanhkttau Co. (t( par) par) 8 UontaLlc $6 sata 18 1034 944 94 844 83 S94 844 I GaCarANor 5t '29. 994 994 1 Goodrich 6 Via 1034 1034 7 Goody A 8s '311104 110; 15 Goody A 8s '411214 1214 10 Grand Trunk 7s 1164 4 Great Nor 5s '73.

64 44 1 Great Nor 5 Vis 1014 13 Great Nor 7a A 1094 3 GulfAShipIsl 5a 103 1 HavElRyAP 5s '54 93 93 1 HerBheyChoc5a'40 984 984 9 Hershey Choc 6s '421044 1044 5 HockVslley 4Vis '99 91 91 3 HudsonCoGas 5s '49100) i 100.4 10 HAM sdj inc 5s '57. 764 7t4 2 Hud AM ref 5s A '57 9C4 90.4 2 HumbleOil 6V4s 1014 295 (5 83 93 102 102 512 U5 2S9 it5 22J 605 181 225 240 515 984 1044 34" 834 Another piece of foreign financing 944 944 91 1114 112 1004 1004 Demg prepared for the New York market is a $30,000,000 loan to the Government of Denmark, which also is being handled by the OoaMnty Company. This issue, beaulwe Ett 884 884 2 Dutch Ind 6s 102 102 775 :90 4 percent interest, is expected to be publicly offered early next week at a 1004 764 904 1014 1004' 894 1024 74 74 price close to pur. $20,000,000 Jap Loan. 114 114.

1014 101? 1 Finnih 6s ct A'54 894 89s- 89 1 Finnish 6s et B'54 894 894 894 5 French 7s '49 90 90, 90 39 French 7, '41 994 99'4 994 2 French 8s '45 1024 102.4 1024 68 German Ext 7s ct'49 964 964 964 NEW ISSUE 974 978 New York banking groups also are reported to have arranged a Legal for Trust Funds in Pennsylvania TRCST COMPANL18. Brooklyn S24 765 $12 285 Klnf" Couniy. 1611 296) Lawyer. THI. 4 Manuraclurora $14 SS5 Mid wood tg 130 People $20 6 Title Ouar.

Truav (12 190 TITU COIlfASlU Bond A Uort I8 i70 Flrit Mori. Guar 85 Home Title til 285 Lawyers Mort $10 N. V. Till. 4.

Mort 12 8)0 U. B. Title Guar $10 :75 854 '5' 106 105 loan to the Tokio Klec-trlc-Company by the Guaranty Com 100 94 89 4U5 240 810 606 2C0 95 286 2 Ger Gen Elee 7s 5. 93,4 93 93! 3 GrConEIP Jap 7s'44 90 894 SO pany. Official announcement of this 88:4 86J-, 84 77 68) issue Is expected next week.

The loan represents part of the tremendous expansion that has been taking place in the Japanese electric industry through co-operation of the Gov SOU 784 2 Greek Gov 7s ct '64. 854 S54 f54 2 Haiti 6s A '62 964 94. 964 3 Holland-Am 6s 87, 8714 3 Hungary 7a ct '44 S24 924 924 3 Ind Bk Japan 6 '27 9Si 994 994 52 Japan 4s '31 834 t24 824 1034 1034 10674 1054 1104 1004 100J4 107)4 1074 10OJ4 1004 71 103 COMPANIES. ernment with Japanese business men. A large part of this development has been accomplished with ILLUMINATING POWER 814 1 St Jos RyLAP 5t'37 914 8 4s RG '33 884 30 StLASF pr 4s A '50 76 6 St 4 8 5s '50 904 1 St 4 6s '281014 23 StL 4 SF sdj 6s '55 107 StL 4 SF inc 6s '60 S04 1 St 1st 4s '89 84 6 St con 4s '32 834 3 St Un Dep 5s 1 StP MAM gen 4s '32 944 3 StPMAM cn 4Va'33 994 1 StPAKCSL 4Vjt '41 844 1 San A 4 Ar 4s'43 83 1 San Ant Pb 6a '52102 10 Seab A adj 5s '49.

834 10 Seab A cn 6s '45. 944 80Sincl Con Oil 6s i 6 Sincl Cr Oil 6s A '281004 3 SincIConOil 8V2S '38 S84 3 Sinclair Oil 7a 944 1 Sinclair PL5t 674 31 Skelly OiI6V2t27. 115! ISou Bell Tel 5t 5 Sou Pacific 4s 974 1 Sou Pao col 4s. 854 6SouPortoRSu 7s '41105 3 Sou Pac rfg 4s 884 3 South Ry gn 4s '56. 784 24 South Ry cn 5s "94.104 4 South Ry 6s 1054 5 South Ry 6 Via 2 Bell Tel 5s 3 Steel 4 Tube 7s 3SyraL A 5s 6 Tex Pac La 5s 99)4 5 Third Ave 'rfg 4s '60 564 12 Third Ave adj 5s '00 42)4 4 Tidewat Oil 6M1S '311014 3 Toledo Edis 7a '41.

2 Tol Tr 6s '25100 1 Un Bag A 6s '42. 964 2Un Oil Cal 5a 100 11 Un Oil Cal 6s 104 4 2 Union Pacific 4s '47. 924 8 Un Pac cvt 4s '27; 994 5 Un Pao rfg 5s 2008.1064 1 Union Pacific 6s 1 United Drug 61 1 Un El A 5s 1 Unit Fuel 6s 101 8 8 Rubber 69 884 1 USRubber 7t lUSSteelsf 5s '63. 48 Utah A Tr 5s '44. 874 7 Utah 4 5a 8J, 5 Va Car Chem 7t '47 98 6 Va-Car Sh 7a ct '47 8 1 VaCtrCh 7a ct at '47 93 2 Va-Car Ch 7'i '37.

794 2 VaCarCh 7 Ms ct '37 794 2 Virginian Ry 5t '62. 25VaRy 4 Pow 5s '34 98 734 American capital. More than $40,000,000 of Amort, 107)4j 60 110 76 86 3Japan6s'54 92Ji 924 924 can capital has gone Into Japanese 10 LoAusHydE16s'44 854 854 854 914 2 Lyons 6s '34 84 84 84 994 99)4 1004 894 1024 100 9' 4 68.4 684 904 784 71 103 724' (6 914 914 21 685 86 99 04 86 1014 104,4 irc4 1074 1074 1004 puuuc utilities tills year. Florida Hotel Bonds. Bkln.

Boro Gaa (no par) S2 Do. pt (950 par) 53 50 Flatbuah Watar $7 Kings CO. Llshtlntj 91 Do. pt Do. Pf Long-Island 92 Loot island Llsbtlns pt $7 N.

Y. 4 Q. ml. LL 4k $7 Do. pt $5 Queansboro O.

ex B. p(. 1 Marseilles 6s 844 844 S. W. Straus Co.

have 1C6 101 105 hi 87 2 Montreal Tr 5s "41.. 97 97 97' 7 21 86 PHILADELPHIA $300,000 The Great Atlantic and Pacific Tea Company Building First Mortgage 5V2 Serial Coupon Bonds The bonds are a direct closed first mortgage on the building, 4 stories in height, and land in fee, approximately 154x276 feet, on the northeast corner of Front and Venango Streets, Philadelphia, Pa. The mortgaged property has been appraised at $425,000. The building and land have been leased to the Great Atlantic and Pacific Tea'Company at a net rental of more than twice the greatest annual interest charge on these bonds Dated, July 14, 1925. Due serially, 1927 to 1935.

XAll the bonds of this issue having been sold, this adver tisement of this issue appears as a matter of record only.) 163 1 140 113 79 84 105 664 564 41.4 24 1014 1014 lOSt 4 1084 and are offering an issue of first mortgage 6V, percent sinking fund coupon gold bonds of the Southern Florida Realty Corporation, secured by the land and the new Hotel Alba, a $7,000,000 devel 994 99) 894 3 Netherlands 6i 1034 1034 1034 2 Netherlands 6s 1074 1074 1074 8 Nord Ry 8s ot '50 824 824 824 2 Norway 5s 954 954 954 1 Norway 6s 1004 1004 1004 9 Norway 6s '44 10Cf, 1004 1004 INDUSTRIAL AND UISCELLANKOUt 04 opment headed by G. M. Heckicher 964 86 mi una ms rather, August Heckscher, at Palm Beach, overlooklnu 100 100 104 104 2 Norway 6s '52 101 101 101 Lake Worth. Coupons are payable 1044 2 Norway 8s '40 1104 1104 1104 uiy iu riiu 10. Roanoko Water to.

.2 Oriental Dev 6s '53. 854 854 1024 1074 1074 994 994 Taylor," Ewart and 1064 1064 yv. napman (Jo. are offering $2 1 Pari. 6s '58.

784 78H 784 1 Paris 7s '57. 844 844 844 3 Paris Orleans 7s '54. 844 844 M4 103,4 103)4 104 104 ouu.uuu nrsi mortgage 6 percent Bold bonds, series due 1950 at a price of 93 and interest to yield more lhan 6.60 percent. The proceeds Am. Uanufaxturlna; $6 Do.

$5 Am.Machlna 4t Foundry $6 Bliss E. w. (no $1 Do. pt ($60 par) Bonack (H. Ino 913 So.

1st $7 Borden Milk Oo $8 Do. pt Bkln. Academy of Muale. Bkln. C.

R. R. ($19 $1 Bkla. Warahse at Storage $6 Bush Terminal $5 Do. pf $1 Cbl'da (Raat.) (no $2.40 Do.

pi $7 Coney lal. AV Bkln. R. DoehlerDlaC. (Bo 92 Eaflla Warehse Star.

$6 Elaraan alas, (no par) Do. pf $7 984 1004 1004 101 101 6 Poland 8t 89 9 89 101 101 83 88 4 llO 1(8 17 62 57 145 If 5 101 JR3 1S6 1 8 Jl2 8 11 1 mi 87 164 1.8 117 46 Wi 16'J 8 Jl 45 60 11 40 44 90 ft 68 num me saio win ne used for retiring, prior to maturltv. nil nf 97 82' NEW ISSUE 2PortoAlegre8s'61. 964 9R4 964 f84 884 1'onds of the Koanoke Water Works Legal for Trust Funds in Netu York 974 101 4 2 Prague 7Va 24 924 924 .2 Rio de Jan 8s 944 f4 2 Rio de Jan 8a 944 944 944 6 Rio Gr do Sul 8s '46 954 954 954 120 lompuny ana tne Vlnton-Rr anoke Water Company and for other corporate purposes. For the year end-id March 31..

1925,, net earnings were $229,606 compared with annual Interest requirements on all first NEW YORK 2 StateSanPaulo 8t'36l004 100 1004 914 1154 964 2 Serbs Cr SI 8s '62 69 i 84 (84 morignge oonas, series outstand lug of $130,000. Intsrtyps 1st pf $8 5 Sweden 5s 101 1004 101 1074 1074 1C64 1054 874 874 84 984 98 S74 8 3 S3 794 794 794 794 84 984 174 85 2 Switzerland 5H '461024 1024 1024 Knox Hat Co. (no Do. prior $7 Do. Id pf $3 10 Switzerland 8s '40.

.1164 Uo'4 1164 Company Earnings attrfenthaler $19 175 185 Miller, I. Shoe Co. $7 3 101 National Casket $8 102 175 3 18 1 Trondhjem 6s 1004 1004 2UnKingdom 5'291174 1174 1174 2UnKingdom 5s'371C54 K54 K54 JIunn Motors inln. 8 HI Bell Tel 5s A 6 111 Central ref 4s '55 894 1 III Central 5V4s 18 IU CSANO 5s 63.10u4 4 111 Steel deb 4V2'40 944 17 Intb rf 5s '66. (84 6S4 5 Intb Rap Tr 7t '32 90.4 2Int 784 21 Int Agricul 5s st '42 71 1 IntAGtN 1st 6s 14 IntAGtN adj 6a '52 734 2 Int Mer Mar 6s '41.

i6 3 Int Paper 5s 914 113 Int Paper 6a 97 3 Iowa Cent rfg 4s '51 214 3 Iowa Cent 5s 684 1 KanCFSAM 4t F6 15 Kan City PAL 5s'52 994 15 Kan City Sou 5a '50 91 1 Kan City Ter 4s '60 86 6 Kan GasA El 6s 2Kayser ACo7s 1 Kelly Sp Tire 8s '3UC24 4 Kings Co 6 "54 1074 1 Kinney Co 7Vss 11 Laclede Gas 5Vjt '531004 13 LSAMS deb 4s 98.4 3 LSAMS deb 4s 97 2 Lehigh Val 4s 2003. 824 5UhV cn 4V4s 2003. 974 5 LiggettAMy 5s 1 LiggettAMy 7s 120 2 Long Itl deb 5s '37. 914 1 Lorillard 7a 1154 8 Lou GasAElec 5s A. 964 1 LAN SoRyM 4s '52.

85 1 Manh Ry con 4a '90 624 1 Manila Eire 7s 4 Market St Ry 7a '40 994 32 Midcont Pet 98.4 19 Mid Steel col 5a '36. 91 1 MilElRAL44a'31. 91 2 Mil El A L5t '261004 6 Mil El 4 ft 5t '81 897, 1 Mil El 4 6a '53100 99 1 Minn 4 St 7a 1 MStPASStM 4a '38 864 1 MStPASSM 5Vs '40 f44 1 Mo 4 1st 4s "90 824 1 Mo 4 4s '62. 794 6 Mo 4 5s A '62. 94) 136 MoKAT adj 5t A'67 E84 7 Mo Pao gen 4a 644 17 Mo Pao 6i ct '55.

..101 2 Mo Pac rfg 6s '491004 1 Mont Power 5a A'43 9E4 1 MurrayBody6Mis'34 984 1 Nat Tube 5s 10 NewEngTAT 5s 5 NOANE fg 4'Zas 71 1 NO TexAM 5a '54 934 SNOTexAMSVit newl004 2 NY AirBrake 6s '281024 20 Cent con 4a '98 854 2NYCent fg4s2013 924 13 Cent 5t 2013100,4 1 NY ChAStL 5Vjt'74 964 1 NY Ch A St 6a'311024 UjJYEditon 5a '441004 4 NY Edit fg 6t '411144 6 NYGELHAP 4t '49. 884 2 NYAGr'wd 4s '46. 93 1 4 Jersey 5a '32 100) 6 NY NH 4 If 4a '58. 62 6 NY Nil 4 4s '57. 64 25 NYNIIAH ev 8s '40 914 3 NY OAW Jit 4s '92 634 26 NYHailw ino 61 '65.

8O4 2 NY 8ta Ry 4Vit '62 88 624 1004 994 984 914 National Licorice $5 Do. pf $8 1 USMex 4s '10 large. 194' 194. 19? The Hupp Motor Cur Corporation reports for the quarter ended June 30, 1925, a net Income of $1.24.757 after all charges, equal to $1.40 a National Sugar $7 91 via. nun common snares aralnst 1298 OUR nv fti i 1 USMex 4s '10 small.

194 194 19! i 6 8 Mexico 6t large 354 35 35 RAILROAD AND INDUSTRIAL BONDS A 1004 894 $325,000 Crescent Plaza Building First Mortgage 6 Serial Bond Certificates The bond and certificates constitute a direct closed first mortgage on a 5 story newly completed store and office building and land in fee, approximately 1 18 100 feet, located on the southwest corner of Crescent Street and Bridge Plaza, Long Island City, a portion of Greater New York. Independent appraisers value the property at $500,000. The building is being rapidly rented and the net annual rental earnings are estimated at more than twice the greatest annual interest charge. Chatham Phenix National Bank and Trust Company, Trustee; Herbert S. Martin, Vice-president S.

VV. STRAUS Co-trustee. Dated July 15, 1925. Due serially, 1927 to 1935. Price to yield from 5.80 to 6, according to maturity Write for CIRCULAR Q-292 85 1(5 580 no 10 95 18 80 Realty Asaoe.

(no $5 Do. et pf $9 Do. Id pf $5 Robert Galr Co Do. pf $7 in the June'1324 quarter. Net Income for the first six months totaled 100 99 Todd Ihlpyerd (no par).

$8 or 12.33 a common share, against $690,208. or 75 cents a share, Union ferry Co. (Ilq dlv) Rockwood. 1 Adams Exp 4s 854 854 864 1 Am Ag Ch 7i 1034 1034 2 Am Beet Sug 6s 1004 100 4 l.Amer Chain 6t 984 984 984 984 97 824 120 914 1154 96? 9 85 624 1004 994 984 91Ji 91 1004 894 100 99 864 f44 824' 79)4' 94 644 1004 1C04 9SI4 984 102Vj 1007 71 944 100,4 1034 854 92i 10C4 9t4 me same period or 1924. Wlckwlre Sloe, Do.

pt 91 1024 864 144 824 79,4 Ward Baking A (no par) 1- 1 1 1 Danv rennrtfl (Via i 3 Am Sm Rfg 5t'47 984 9S4 Of 7 lt ended June $0, 1925. a net Income of 8 Wabash 964 64' 1 Warner Sug 7t 934 93)4 2 West 94 994 7 West Maryl'd 4s '52 (57, "54 2 WNYAPa gn 4 '43. 814 814 3 West Shore 4s 2361. 24 24' 7 West Union '36111 1104 2 WVaCoalAC 6 ct'50 90 90 2Westch Ltg 5a '34 .101 101 12 Westingh El 7s 1064' 1 Wheel A LE lt 1004 78.4 78)4 1 WickwtpStl 7srt'35 82 82 3 Wickw Sp Stl 7a '35 83 c3 2 Wilkesb A 1st '41 63? 63.4 6 Willvs Over 64 '33102 102 2 Wilton A Co 1st '41 964' 99 1 Wilton 7t.ii ct 71- 71 3 Am Sugar 69 1024 1024 1024 Do. Do, pi $7 BONDS.

964 934 994 54 814 24 111 90 101 1064 1004 78)4 82 83 63! i 102 99 71 94 aner an cnaiges but before Federal taxes. The Income is equal to 27 centa a 9 Am col 4s '29 974 S7.4 74 7 Am 4 5s '60 964 964' 964 Atlantic A. R. tt. g.

C. tall 884 44 2 Am ft 5 Vat 103 103 Bkn. A Newtown lat 9s. 19 Bkln. Boro Gaa lat 6a, imiire on uds.ydu capital share.

Earnings before interest and depre 2 Am 6s .1334 1334 1334 2 Anaconda 6s 10V4 1014 1C04 1C04 Bkln. Boro Gas g. A r. Bkln, C. R.

R. eon lat ciation umoumea 10 91,183,708. Tennessee Klwtrlo. Bkln. Corp.

Rat. Cs'4t 2 Anaconda 7s 102 1(2 1C2 1j 81 103 6 1 1 to 8 8u 4J 71 165 ti 10, 4 62 79 99 1U6 I6'i 88 80', (5'i V5 16 99', b.i 2 loo 82 It vi 11,7 i lu 10 104 bj Sail 9 101 1 98 104 The combined earnings statement nf ft TonnaaM. Vlut.lM Bkln. A Q. at 8.

unatpt Bkln. tS Sub. con uici uwer Company and subsidiary companies 101 107 96 92 (84 1. 0'i 'it, 93 101 2 Ann Arbor 4s 754 744 744 30 Armour 4t 894 894 8( 2 Armour Del 5Mi'43 944 9' 944 Bkln. R.

T. lat 45 in BB 1UIIUHB. Legal for Trust Funds in New York on completion of the building next October 1 Bkln. Union Kler. lat 994 984 IO24 1004 71 10C4 Gram aarnlnaa.

93 93 93 2 AT 4 SF gen 4s "95 894 894 894' 5 Atl 1st 4s '52. 914 914 914 and iiialntenanc (H3.2K.4 402.S10.10 Gross Incoma $98, T59.lt 2 Atl uni 4Va'64 93 934 934 13 YoungttShAT '43100 9n00 Total sales today par value. 9977.000 Thurtdsy 10.616000 Wednesdsy 12810,000 1024 Common wealth Power. The combined earnings statement ft Ihfl rnmmnnwnaUh 3 Atl Eefimng 5s 100 100 5 Bait 4 0 gold 4t '48 89 84 89 .1. a.

ji.tn4 Ant, no nrt poratkm and subsidiary companies Bkln. U. das cons lal 41. Coney la. 4 Bkln.

conn Edison Eleo. 111., Bkln. 41 Flat. Water Works lai Jainalca-Bkln. 14 Co.

K. A P. lat Ca SUA I'. P. m.

4a. 97. K. Co. E.

1st X. Co. Gas El. 1st K. Co.

Lighting lat Knox Hat 1st Heat L. I. Ugbtlng lat (s, Namm, A. lat Naasau Elae. cons Nassau Else, lat Naasau Lt.

A Pow. 1st N. O. E. L.

a P. lat la, 99 Queensboro B. 1st Queanaboro O. as B. lat fiUulta Braa4 lat ta49 Ward Baking 1st da, 97 June.

192S. 1 1914 Giom 99,430, 381. 1 13,949.639.0 onr. mi), 5 Balt40 1st 5t ot '481004 1004 1004 2 Bait 4 rfg 6t "95. 90 9C? 904 taxea malnt l.W.HSM 5 Bait Ohio 61 '28.

IU84 103 10 1 4 Bait 4 0 fdg 6a 102 1C2 81 H9 log 101 8i 4 68 101 1004 lul 1051, lOu 104 Gross isoniiern Ohio Power Company. Ths Northern Ohio pi. r-. 6 Beth Steel 5s 934 93 934 General Trade Shows Normal Development; Europe Soon to Bay Wistmrn Railroad 1, Stfl and Storm Companitt to Benefit by Fall Movement: 1 Beth Steel rfg St '42 94 94 94 pany and subsidiary companies issue 8 Beth Steel 6Vif '53. 87 874 874 mo lunuwing statement of earnings Juno.

mo. NEW YORK CITY $2,600,000 610 Park Avenue Building First Mortgage 6 Sinking Fund Bond Certificates The bond and certificates constitute a direct closed first mortgage on the 15 story apartment hotel building to be known as Mayfair House, and land in fee, fronting 75 feet on Park Avenue and 160 feet on East 65th Street. The building will contain 144 suites.lt is approximately complete and is expected to be ready for occupancy October 1. Independent appraisers value the completed property at $3,952,000, or at higher figures, this being more than 1 50 of the amount of the bonds. Net annual rental earnings are estimated at approximately two and one-half times the greatest annual interest charge.

Through a sinking fund $782,500 in bonds will be retired before maturity, July 1, 1940. Chatham Phenix National Bank and Trust Company, Trustee; Herbert S. Martin, Vice-president S. W. STRAUS Cotrustee.

Price, par and accrued interest to net 6 Write for CIRCULAR Q-290 Grow aarnlnaa 1791,011,10 Operating exp. Inc. tuxes 4k 994,907.01 654.090.94 1 Beth Steel 8s A '48 934 34 934 2 Hotanv Mi 6a'34 954 54' 54 1 BrierHillSt 5Va '42. 994'' 994' 994 IJ33.904.t3 1139, 913.94 flrnae Incomo. Fixed ciiam-a (Us 179,174.17 And extras.

NOTR 1'haae gootatlonn have been gathered from autnentln aonroea and are believed to ba tua notual market at the moment. Tba Sasio mvitaa reperia o( aa.aa Hoia an aoureeo. 8 Bway47th en 5s '43 76 754 764 8BknCityRR5'41. 954 954 954 8 Bklyn Edit 6a A '411014 1014 1014 1 Bkn Man Tr 61 '68. 794 894 8 4 5 Bkn Un Gas 5t 99A 994 99.4 Net Ineoma available for replace, menta.

den. and 854 92.4 1004 964 1024 1004 1144 mi 93 1004 62 59 91.4 634 ,29.4 88 1024 974 1074 10 4 684 1044 1014 804 1024 954 614 834 844 1094 1(64 64 corp. $51,904.07 I34.941.tl 1024 1004 1144 884 93 100', 62 4 91 634 29J 8S 102)4 974 1074 1094 C84 104 4 101 30 1024 964 61, 834 84 4 1094 H6i 164 Note Fixed chara-ea tr or tn rK i 1925, have been computed for comparative purponea to Include Intereet of tha North, ern Ohio Tower Company for explrod 10 CanPto deb 4s perp. 80.4 4 2 Cent Lesther 6t 994 99,4 1 Cent Psc ShL 4t '54 87i 87, Books ffiisccl. A syndicate composed of Chandler and R.

K. Wll-sey A Co. announce the closing of the books on the offering of first mortgage and refunding li percent gold bonds of the Ltxlng-ton Utilities Company. perioaa or jy.e ana tor yeer 114. and Include Interval charsea and dlvldenda on outatnndlnf preferred atock of subildlary Deficit.

5 Steam 6s A 1024 2 Tel gen 4a'39 97.4 1 Tel 6a '41 1074 6N YTel deb 6s 65 A 44a'46 684 5 NoAmEdit 6 6NoAmEdit 61 ct 30' 5 North Central 5a 741024 4 Nor Ohio TAL6a'47 95.4 4 Nor Pao 81 2047... 614 7 Nor Pao 4t reg 83), 8 Nor Ptc pr li 4t '97 844 1 Nor Pac ter 61 1094 1 Nor Pac 61 2047. 1054 3 Nor Sta Pow 5s '41. 64' 0 TRUST COMPANIES. BANKS.

The Slraui Hallmark on a bond stamps it at once as the prrmirr real estate st-cmir? KINGS COUNTY 1RUST COMPANY Moody's Weekly Review of Financial Conditions, In its current Issue, eays In part "Oeneral trado la showing Its normal developtuenrfor thin season, and we may aoon hetrln to witness special strength in tho securities representing what one might call the autumn Industries. It Is rather natural fir tocks and the majority of Imnds lo respond to the prosperity of the Industries which they represent. "Some of the buslnesHCs which are especially benefited the autumn trade are the Western railroads. Inc tteel companies, store companies, coal companies, woollen mills ami Copper mines. "No pessimism should be caused by possible weakness In fnielsn exchange bills.

Europe Is nlrearly beginning to buy grain hills, and will soon he buying cotton bills. It lH only normal for sterling and other European exchanges to xhow some heaviness from this time until foreign purchases of farm products have been financed. "Bond prices habitually show the tnme tendencies or direction of movernent in August as In July mainly because both inontnx re alike In a monetary sense. Presumably, then, barring unusual developments, the August bond market should oe hout like that ot the present month." Corn Exchange Bank NEW YORK Capital and Surplut (23,000,000 HHOOKI.I.N HHANCHE Brooklyn liranoh. 4 Joralemen Sta Fletbush A.

A II Flatbush Ae. Oreenpolnt Branch A Manhat. A. Myrtle At. Branch tlyrtla A A B'way South Brooklyn Branch 7t Hamilton Ar Bueliwlck Branoh B'way ts Oroese Av.

3 4 0 evl 4Mia '30 93 98 98 20 Cbes 4 ovt 5s 105 105 2 Chi 4 Alton 3V4s'S0 474 474' 474 6 Chi Bur 4 5s 1014 1014 1 Chi 4 III 5a 75 75 75 6 Ch.iGrWfit 4a '59. 634 6S4 48 4s 484 484 484 7 CM 4 St 4s '25 48 4 474 484 6 Ch 4 St 6t 10S4 1034 6 CMASP cv 4Vtt '32. 474 484 8 CMASP I 4V4t 2014 47, 1 Chi 4 gn 4s'87 84 84 84 lChi4NW rf St 2037 94 4 944 944 1 Chi 4 7s 1074 1074 1074 6 Chicago Ry 5t 764 754 754 1 ChiTHAS ino 5t '60 104 04 1 04 3 Chi Sta 44t A 63 93 924 93 2 Chi Un Sta 6s S9 f84 9 1 Chi4WInd 5V4a '62. 984 984' 984' 2 Chile Copper 61 1084 IO84 6 Clevcj Un Ter 6 '73100 100 100 S. W.

STRAUS Sc CO. ESTABLISHED lS8j INVESTMENT SONDS INCORPORATED STRAUS BUILDING 565 Fifth Avenue at 46th StreeJ Telephone Vanderbilt 8500 43 YEARS WITHOUT LOSS TO ANY INVESTOR 342, 344 and 346 FULTON ST. Capital, $500,000 UNDIVIDED PROFITS 4,630,000 JULIAN D. FA1RCHILD. Pr.iid.al JVLIAN P.

FA1RCF ILD. I WILLIAM J. WAKOI I Vlca HOWARD D. joom" rraaideata THOMAS BLAKR HeeTetarr Al.IlERT I. TAHOB.

Secretary CI.AltKNCID TORUS. Secretary ALBERT B. ECKBHSON Auditor Interest Allowed on Accounts Subject to Check. Special Rates Cortificatot of Deposit. 3 Ohio Riv Edit 61 '481C2 1014' 102 6 Oreg 8h fg 4a '29.

974 i 15 OrWathRAN 4a '61. 824 824 82) 4 Otia Steel 7 Vat 100) 100 1004 1 Pao Oat 4 El 61 '42 97.4 9' 4 874 17 Pac TslAT fdg 5'53 98 674' f8V4 47 Pan-Am Pet 6a 1C84 1 Park Lex 6Vit 24 24 24 1 Pen, 1 4V3t'65 92.4 62J t2J TheChase National Bank of the City of New York HAMILTON TRUST BRANCH ltl MonltfM Street lo iwb-w w. n. tti..