New-York tribune., 1906-11-09

The total mileage of all lines Of the Canadian
Pacihc Railway aggregates over 10000 miles and
the cost of the average mile Of track owned Is
capitalized at Sc 900 IN common stock The total
sncorne from transportation. express, elevators
telegraph and investment aggregated for the year
ended June go 1906 GOO. which is at the rate
OF Sc 600 an average mile Of road owned There
fore il is pointed out the gross income mile was
equal 70 100 Per cent Of the conpanys caplfallza-
zion
AMERICAN WOOLEN.-At a meeting OF the d.
rectors OF the American Woolen Company yester-
dav il was voted 70 recommend 70 stockholders an
increase in rhe preferred stock Of The company hy
SO oOO 600 from S25, 900 900 S35 600 000 meet
sng Of stockholders 10 vote on this proposition will
be held November % at the companys Offices in
Jersey City. In the last six years there has been
an increase IN the annual sales OF the company $
goods OF approximately $25.o00 600 and il is est-
mated that the present years sale will amount to
s51 900 600 net The directors believe that the
growing business Of the concern warrants an in
crease in the capital stock.
ROCK ISLAND BOARD oRGANIZEs.-At the
first meeting the board OF directors Of the Rock
Island Company Of New Jersey. held yesterday
since the annual meeting Of the stockholders, the
following were elected as members Of the finance
committee: ". H Moore, Robert Mather. D. G.
Reid !. H. Moore and B. F. Yoakun. The finance
committee is now constituted follows: ". H
Moore chairman: Robert Mather. D G. Reid. J. H.
Moore. F l. Hine. B. 2. YoaEum and James
Spever B r Yoakum was elected chairman OF
he II
O. T. Boggs, formerly assistant treasurer ana as
estant secretary was elected vice-president secre
1ary and treasurer J J ouinlan was elected vice
president, assistant secretary and assistant treas
urer.
COTTON OH, COMMON DIVIDEND IN
CREASED Directors Of the American Cotton Oil
Company have declared a dividend Of per cent
the common stock This compares with per cent
declared IN 1905, per cent in 1904. per cent in
1903 per cent IN 1902 and per cent IN 1901. The
pulJ
once year. The directors also declared the regu-
lar semi annual dividend Of per cent on the pre-
ferred stock
NAY DISTRIBUTE A PART OF PULLMAN
eURPLUS-The annual meeting or the Pullman
stockholders will be held next Wednesday. and, al
though there has been Official statement to that
effect there Is belief that some distribution will
fe made Of AZ least part Of the surplus at that
time How much it will be or in what form the
general public has idea The stock was strong
yesterday, gaining ~
PIG IRON CERTIFICATEs-Pi iron certih-
Gates 81 the New York Produce Exchange at the
outset were neglected for regular grade and easier
FOR new standard foundry. There sales
and no quotations for regular. First prices for
rew standard foundry foIloT: January. 81 70 bid:
February 81 75QS23; March 81 5J@S23. On the sec
Cnd call business was duh and featureless. Prices
ended the they opened.
TO INCREASE COMMON STOCK-A special
meeting Of the stockholders OF the Niles-Bement-
Pond company has been called for Il a. m No
wennber %, e. rhs Offices Of the company, Nc.
- Exchange Place Jersey City. for the purpose OF
~oting on amendment 10 the charter authoriz-
3ng increase in the common stock from 5000 900
90 $4,000.
TREASURY BUYS SILVER.-The Treasury has
purchased 10000 ounces of silver for subsidiary
coinage at 75S cents ounce. which IS the high
est price paid since the repeal Of the Sherman law
81 1888. when the low point was At cents. This is
IN increase Of 2458 cents ounce. approx
yaately 81 per cent. in thirteen years
APPLICATION TO LIST-Apptcation has been
made 70 the New York Stock Exchange 20 list
s. OF 90 additional first lien fty-year rer cent
terminal mortgage bonds Of 1888 Of the Wabash
Railroad Company.