New-York tribune., 1906-06-28

..r nsvasie on July /, on all deposits Of IS and NJ
ssao inclusive. Norfolk & Western directors
-. declared TIE regular semi-annusl dividend OF
,e- cent on the preferred stock.
DIG IRON CERTIFICATES. iron certih-
- Al the New York Produce Exchange were
dv 20 shade higher. There was a sale of
- .o,s of standard foundry October at S5@
go,afions for regular follow: Cash SIS 20 bid
sl5 sOGsle %: July NsdSs so; October. SIS 75f5
-. November. SedSls 10 Prices for standard
snsrv on call follow: June ST hid: July, sl79
-. october. SIG ea9s57; November Sic S@sI7 o..
,r-sT PAY LEHIGH VALLEY PREFERRED
lex DIVIDENDs.-The Pennsylvania State su-
ENC Court has handed down p decision in the
,h5eb Valley preferred dividend case In which
~ raling OF the Common Pleas Court has been
e-n,ed and the appeal OF the railroad company
.,psed This indicates that the preferred stock
,,,sers vi receive The full 100 per cent. $50 r
.sre in back dividends. The amount OF pre-
s.rred stock outstanding is only so.sco. The
,nanv viii be called TO pay 10 per cent a
- on the stock from October J. 1898. to June
!. ,eA; with interest from August l. 1904 without
s.5rotion OF set off. Most of the NcsSco stock
s,anding is held by trust companies in fiduciary
capacity.
NORFOLK & wESTERN.-In estimating the
,se earnings Of the Norfolk & Western for the
s,sl wear President johnson should have been
,,s6 as saving that the increase over last year
orld be approximately eooO.ooo instead of So
unon This would indicate an increase OF s2i5ooo
!, the final Two months. as The earnings up the
ninth Of April showed increase OF s3,755.oCo
Tho average gross increase Of May and June
.ona ,l,.s he S225o This is much less than the
average of the preceding ten months. but is.
s-,heless fair rate OF increase
THE IRON OUTLOOK.-Dealers report the clos
ng OF some satisfactory contra cts in foundry iron
n fhis market. Buffalo, Chicago and Cincinnati
over tie last TWO or three days. Inquiries in the
z
Iasa tons. No concessions are being made in
r-jces Most Of the business IN Southern foundry
has been done on a basis Of SIS 30 Birmingham.
consumers appear more inclined the mar
ket at present than in several weeks past
ANTHRACITE COAL oUTPUT.-It is estimated
;lat the June output Of anthra lite will be over
S6oeoe tons AS IS usual at this time Of the year.
,be demand falls OF considerably. The closing OF
,be anthracite mines by Reading and other COM
nsnies FOR few days early in July IS customary
IS the miners usually take a rest of Il few days
besides the Fourth OF July holiday.
APPLICATION TO LIsT.-Application has been
made 70 the New York Stock Exchange TO list
t5ese 90 first mortgage per cent bonds OF 1924.
rsS Oso per cent cumulative preferred stock. and
rsNooA common stock of the Micnigan State Tele-
phone Company.
SECT RITES LISTED.-Thc following securities
beye been added 70 the Stock Exchange list:
fnme0 ~ per cent sterling loan fsecond series)
,n.se government: Sos 100 additional guaranteed
snecsl stock OF the Pittsburg. Fort Wayne a. Chi
osso Railway Company; $4,000 additional Sie per
cent general mortgage coupon bonds. series b, OF
lyp Of the Chicago. Milwaukee & St. Paul Rail
vsv Company; SS 10000 common stock voting trust
certificates S5.655Oo0 first mortgage tewenty-year
& per cent coupon bonds Of 1924 and a25.ooo per
cent cumulative preferred stock Of the Michigan
State Telephone Company; s2,Soeed first mortgage
fhir1v-veer sinking fund per cent coupon bonds
CT lsS5 Of the Consolidated Indiana Coal Company
r7igea0 consolidated mortgage hfty-year per
rent coupon bones Of 1852 of the Chicago q west
sru Indiana Railroad Company; S.sSooo per cent
a-st mortgage and collateral trust sinking fund
coupon bonds Of 1854 of the Republic Iron and
steel Company; sl7.s40ceo ffty-year per cent
collateral trust coupon bonds Of 1919 Of the Inter
national Traction Company N4.Ss,oO 4 per cent
ron-cumulative preferred and S4ss2,0o common
stock o. the Bethlehem Steel Corporation; $500
m first extension mortgage per cent guaranteed
sinking fund coupon bonds OF 1876 Of the Bethle-
hem Steel Company. and ss7,4osoo collateral trust
a. psr cent coupon bonds of 1856. SIS, ,84e'o per
cent cumulative preferred stock and s2SslGO COM
uan stock voting trust certificates OF the Inter
borough Metropolitan Company.