New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-06

cannot be confirmed. The bar1,
1884 and its net profits on Novernbor '5anizsd n
as S53aH The par value of the stoc,, :. e.e sivsa
the iast sale OF the stock reported wa. aai
TmSie mas capital stock Of slcseo6 =
Runkie is president. William. car7ertsrN Il
dent and W. K VanderposI cashier. 9'sst
GRAIN EXPORTS FOR THE v-r,z,-
streets reports the exports OF grain for -, sfs%
with comparisons. figures in bushels :, Neek
Wheat. -four included. cs5s7n agai,.. 'olost
last week 141a47 in this week last 20 .'ssN2a
in 1904 and 50sS.s51 IN 1913: from Jul,, sa'.ssS
compared with 9s175.Z74 last year. e 81 toa =
and lAl5417s in 1872 Corn 62ss.2 s3 ac,,r.. a -
3a5 last week 31se53o year AGO. ! DC aoo T.. 'a
and 2s5ssa in 1903; from JULY s2sas,
trasted with 18SssSsS in 1876 2ss7scs5 in "a, o@
135l951s in 1903 aH
TO INCREASE CAPITAL. sToCK-Tp. -.
County Electric Light and Power Compare :.
increase is capital stock by = 20nmN Tta
stock will be offered to shareholders Of rsoo.s -
January IS in proportion to their holding. :
present the outstanding stock 81 the eor,.. -
AMOUNTS to S5,GNt000 The proceeds derives -,
the sale OF the new issue will be used for .,..
sions and improvements Of the company's oro,.. .
ties
NATIONAL BANK MEETINCS-Au TIE -
tional banks Of tho country will held their an,r.,
meetings rext Tuesday. Some important eha,-s-
in the directories Of certain institutions ~.
ticularly those closely identified with ns1r,,
cor1paries may take place. So tar as the ~.
Of prerident is concerned there are 10 vacaacs,
IN anv Of the local national banks at pressn.
REPUBLIC IRON AND STEEL president
II Is understood that John 4. Topping will :,
elected president. as we'll as chairman. o, -,
board Of directors Of the Republic Iron and s,,.
C.ornpanv. succeeding the late c. S. Guthrie /, =,
latter office
CANADIAN PACIFICS BIG EARNINGS rs
unusually mild weather With traffic undisturtes =
December storms. and the abncrmalIy large ers,
movement from the Canadian Northwest in the hn
and carly winter have resulted in big earnings =
the Canadian Pacific in the last six months Of Il.
calendar wear The report OF earnings will shoy
an increase of 81 10000 in gross and about SMaw
in ret
WASHINGTON STOCK EXCHANGE SEATS
The price of memberships IN the Washington s,ost
Exchange continues TO hold at the high record a.
ure Another seat has been sold for $1,000. Wild
Is the same price that paid for the last two seat
sold and which is higher tnah ever oeIore N "a.
history of that exchange
ANACONDA DIVIDEND sold ex div.
dend of s71z cents share yesterday This is eQgl
to 315 per cent the per cent oasis as quoted o.
the New-York Stock Exchange.
MORE MONTANA STRIKES.-A dispatch frau
RuttA Mont SAYS that a rich strike has been mad
on the 160O-foot level OF the West Coiusa Nine
This is the lowest level Of the Boston ana Monia1a
rroner+v The vein was cut, showing extremely
hieb 1,alues and generally a high grade Naturally
+bie neu- find has renewed interest IN the recent
e+ril.es in the Anaconda Mine. 1t IS unders.oO.
from, trustworthy sources here that the great ora
body, IN the 2n0O-foot level Of the Anaconda Mn.
shows continuing Improvement as 1t Is further d
veloped The fact that these rich ore BODIES havs
been found in the deeper workings OF these mnsl
5xhich are at a considerable distance apart. r
earde6 as conclusive evidence that the entire r.
zion will be ore productive the deeper levels az
struck. The underground developments IN the aE
few weeks have greatly increased the coincidence q
investors in the copper properties that con12rse t
Rutte camp What looks like new era OF proFs.
Bile production has been opened up IN the ricn Ne'
tana district. and naturally discussion centres q
the two prominent issues-Amalsamated and Ana
conda.
AMALGAMATED COPPER EARNINGS--It Ia
been estimated by we'll informed copper men thE
the cost of making copper is cents a pound +
the Amalgamated company Assuming the mas
moderate production. say, 20 100000 pounds yea
and taking IT cents as the average price for u
year the net profit of the Amalgamated would
a7,6OOOOo The net profits on silver production a.
estimated at 100000 making a total net yeaE
profit Of over 23.OO0,oo0. per cent divf.f
would call for only about 100000 so that On !
cent copper the company could pay its dividend a.
add more than 100000 a month TO surplus or Il
provements In view of the strong statistical al
trade position OF copper. II is more than prob7ss
that the metals price may average IS cents pogi
this year There are as vet no indications that tn
company's mana cement centenplates increasing tn
dividend beyond per cent.