Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-11-22

terminate thereafter on June 30, instead
OF September 80, chiefly in order that the
companys fiscal year might correspond
with that f. xed by the Interstate Commerce
fiscal year a quarterly dividend Of N per
cent upon the common stock for the three
months ended December 81, 1891, was paid
snd divSspd avsa of "a esns sns
been declared payable in November. oper.
atoms for the nine months ended
June 80. lss9: Earnings ss: ~, sls.ss7a74;
earnings 5000, ,997. The revenues of the
Ptttsburg and COnneilsville and Pittsburg
and Wheeling divisions have been inj urious-
ly affected by the Homestead strike COM
parison of the II months ended september
30, 1892 (September partially estimated), with
the l2 months ended September 80, 1881,
shows decrease in net earnings OF $l3,1so,
the 10 months ended September 80, 1892, has
been the largest in the history of the COM
pany-l5. .657, ,596 tons. Aggregate expenol-
lures for construction and betterments for
the 10 months ended September 80, lo92,
S., ,O6l 6O4
After the report had been read and ap-
proved, the polls were opened and the loI-
l25 $50 votes: James Sloan. Jr, William F.
Burns, William II. BIackford, Aubrey
Pearre, George Deb. Keim, Wesley A. TncK-
er, Maurice Gregg. J. Wilcox Brown. Will
lam F. Frick. George A. Won Lingen, George
Buffalo, Rochester and Pittsburg.
At the annual meeting OF the stockholders
or the Buffalo, Rochester and Pittsburg
Railroad Company helddn New York to-day,
the following were elected directors: Fred
yerick A. Bell, Wilson A. Bissell, Frederick
A. Brown, Walston D. Brown. Edward N.
Gibbs, r. NJ. Gummere, Adrian Iselin, Jr,
George IT. Lewis. Wheeler H. Peckham, W.
Emlen Roosevelt, J. Kennedy Tod. Warren
A. Wilbur and, Arthur G. Yates. President
Yates stated that in consequence Of a 50-year
traffic contract having been executed be-
tween the Buffalo, Rochester and Pittsburg
Railroad Company, the New Y ork Central as
lessee OF the Beech Creek Railway Company
sary and expedient I'd lease about q miles
of road now being constructed by the Clear
field and Mahoning Railroad Company. 1t
stock and . per cent on the ponds Of the
last mentioned company for an amount rep
reseuting the actual cost of the road. A
special meeting of the stockholders of the
held November "a, ut Ridgeway, Pa, to vote
upon the question Of guarantee as aforesaid.
Financial Notes.
S. S. Pinkerton was the chief buyer Of P.
& B. traction and James Carothers and W.
r. Thompson & Co. the sellers.
Hill & Co. we're the buyers of Phillte and
Lawrence & Co. and John Ramsey sold.
r. j. Stoney sold La Noria to Kuhn Bros.
Kuhn Bros sold Luster to Hill & Co. and
to Rinehart.
Carothers sold Fidelity Title and Trust to
Robinson Bros.
II. NJ. Long sold Switch and Signal to Hill
& Co., and Carothers sold Wheeling Gas to
Morris & Brown.
Electric second preferred closed at 37@37155.
J. r. Barbour sold Duquesne traction to
Carothers.
1t is stated on reliable authority that the
annual statement of the National Lead
Company, soon to issue, will show COM
Portable sum available Tor the common
stock. At present time the company has
about 50, 900 in ores, bullion, ETC., O,OOO-
ono pounds of lead in its various forms and
100 0OG bushels OF flaxseed in oil ana seed.
not owe dollar except an old MORTGAGE of
about $1i 900. The management has already
commenced to discount possible reduc-
tion in the tariff on raw lead products by
paying q less price for the raw material,
ana the company will be in possession OF
light stocks and a large surplus when any
new tariff law becomes effective.
The General Electric Company issues
circular to holders of the common stock
stating that at request of the New York
Stock Exchange, the time for reception OF
subscriptions to the Sc. 000, 900 per cent gold
coupon debenture bonds is extended to De-
cember at BPM.
Eastbound shipments continue unsatls-
factory from railroad point of view. Last
week they amounted TO Il0lf GOnS, aRdlHsb
IS, ,5O4 for the preceding week, a gain of 8, ,l20
tons, and against 6s49 for the correspond
ing week last year. q decrease OF 6,225 tons.
The tonnage was divided among the vartons
roads as follows: Michigan Central, II, l53
tons; Wabash, 1886 tons: Lake Shore, 1880
tons: Ft Wayne, S,574 tons: Panhandle, s,216
tons; Baltimore and Ohio, 1855 tons; Grand
Trunk, g. 426 tons: Chicago and Eric, 6.00l
tons; Dig Four $3.50 tons.
Sales and Final Quotations.
on the exchange sales board to-day:
BEFoRE CALLS,