New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-21

UNITED STATES STEEL REDUCES Elk
PENSES-It is understood that since the
present president of the United States Steel
Company has been in office the expenses
of the concern have been reduced $1,000
600 without in any way injuring the effectiveness
the various plants. At the regular monthly
meeting OF the sales managers of the various con-
stituent companies of the United States Steel Cor
poration interesting facts were developed con-
corning the amount Of business already placed and
IN sight. The outlook FOR 1895 is regarded the
most favorable in the history Of the coropration.
ROCK ISLAND LISTED IN LONDON.-The
common and preferred stock of the Rock Island
company has been listed the London Stock Ex-
change. The fact that the firm of Speyer & CO..
has undertaken TO finance the Rock Island COM
pany ana the entrance of James Speyer TO the
directorate of the road have increased the com
pany's credit abroad well in this country, and
an active market for the securities on the London
Exchange is expected.
COPPER SHARES ACTIVE.-On the curb the
copper shares active, and apparently in good
demand from substantial scources Montreal and
Boston was dealt in the extent Of 500 shares
AT advancing prices. The possibility that the
pany may be absorbed by the Amalgamated at
tracts attention to the securities. Arizona Con-
solidated, in which dealings have just begun was
taken by representative curb brokers' selling as
high as 8. against q in the preceding day. There
was also good demand for Douglas Copper which
enjoyed a fractional gain one half of the latter
general market continues improve 800" pre-
ferred doubtless will toward the level Of the
| other per cent issues. Northwest common yields
less than 31a per and 500" preferred nearly
per cent. St. Paul yields IS per cent and
| Great Northern preferred % per cent
DULUTH, SOUTH SHORE AND ATLANTIC
| II is reported that the Duluth, South Shore and
! Atlantic Line will be extended from its present
| terminus DuluA a point where it will meet
the new extension of the 500 Company This
| would give the Canadian Pacific two outlets for its
grain, while it would enlarge the earning capacity
of the Duluth South Shore and Atlantic.
| GOLD EXPORTs.-The Assay Once will be able
&c out about 100000 in gold bars by Friday,
which Lazard Freres will ship to Europe. The
firm has option all the gold bars that
| the Assay Office produce next week also Sew
eral inquiries were made at the sub-Treasury yes
terday in regard to gold coin for shipment. but no
| definite engagements were made
| LONDON STOCK EXCHANGE LISTINGS.-The
Mexican government has applied TO the London
Stock Exchange for official quotation of 50 $780,.
so internal per cent consolidated silver bonds
1884, Series V; Nos 1sl40i 10 S308 Of 800; 91 4O TO
ls4 7s4 of 500 and 211 4O to 212926 s. 600 each
| CURES CHRISTMAS FUND.-The curb brokers
have appointed a committee consisting of Percy
! Guard E. s. Mendels, William A Titus, e A.
| Chartrand and William G. Gallagher to receive
subscriptions for the messenger boys and others
| who work for the curb brokers'
| APPLICATION TO DISQUALIFICATION has been
made to the Stock Exchange to list 100000 Southern
| Railway additional St Louis Division first mort
| gage per cent bonds,
| LAKE ERIE AND WESTERN DIVIDEND
The directors of the Lake Erie and Western have
declared a dividend of per cent on the preferred
| stock an increase OF per cent. as compared with
| the July payment
| CENTURY REALTY COMPANY DIVIDEND
| The Century Realty Company--yesterday declared
| its usual per cent dividend, payable on December
| 20. The transfer books close December q and
| open December 81. statement OF the profits
| for the year submitted TO the directors meeting
indicated an increase in surplus after the payment
/ of the dividend, of sll5C00
| TITLE GUARANTEE AND TRUST COMPANY.
BY resolution of the board OF trustees OF the
| Title Guarantee and Trust Company. dividend of
cent is payable December 81 1904. to stock
holders OF record on the closing of the transfer
books at p. m. on December 20. The transfer
books VIII be opened at 10 q. M. on January 9.
\ 1906