New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-24

increase in the rate OF the operating companys
dividend is hearc. Up TO six months ago the Dis
oilers Securities Corporation was paying at the
rate Of per cent its capital stock. but the rate
IN September changed 10 3 per cent. The last
annual report OF the company showed only small
margin for this increased rate and as the working
eapital was decreased IN the last fiscal yeS. II
may be that further increase in the dividend
rate Of the corporation rf2y' Be :-iade.
ASSOCIATED MERCHANTS DIVIDEND
directors Of the Associated Merchants Company
have declared The regular quarterly dividends OF
y. per cent and extra dividend of !. OF ! per
cent on the first preferred stock and IL and an
extra Of 4 of per cent the second preferred.
uavable April Is. The annual meeting of the COM
many will ne held April L.
RECORD CAR HANDLING BY THE NEW
YORK CENTRALA--An unprecedented record was
established by the New York Central Railroad
COMPANY friday in its freight traffic department
r., tho handling Of 3l,ss0 Of which 2202l were
loaded with freight This record is said by a
,,r7ruinent Official Of the road be 1872 more
loaded cars than were erer handled in one day
nv the New YoTl. Central Railroad Company.
STRICKEN FROM THE LISr.-The following
securities have been stricken from the Stock FIX
change list Capital stock Of the Norfolk & South
ern Railroad Company. common stock Of the
TEhitebrcast Fuel Company; capital stock Of the
national I.nseed oil Company: Central Trust
conpany certificates for ordinary shares Of the
London ard New York Investment Corporation
ers. sinking fund bonds Of 1917 Of the Salt Lake
CITY Railway Company.
TREASURY SURPLUS FOR NARCH.-h looks
,ou as If the Treasury surplus for March viii eK-
es IS oaees as the receipts continue to run heavy
b.ine $4,000 greater at this time than for the
corresponding time I'm last March Expenditures,
500 are running lighter than last March. the saving
tstng almost exclusively in the navy outlay.
RAILROAD NET EARHINGS.-The January net
earnings Of ninety railroads practically all OF those
renorting show decrease of Pa per cent from the
net Of January 1895 This is the first month In
which these roads have shown decrease III 'heiT
aggregate net. although Of course, in nanF inai-
usl cases the decline In net earnings set in some
months before.
MOVEMENT OF COTTON.-''Ths Financial
ron,cle' reports the total receipts of cotton FOR
the week ended March % at 1892 bales. against
,ss 2aa bales in preceding week. making the to'ai
RECEIPTS since September /. 1905. sS'4.f'' hales'
epeirst 65a5T0s bales for The period OF 1875 o.
s5oNing an increase since September ]. 1903 o.
sf2eOSs bales
PRODUCE EXCHANGE MEMBERS WANT
EXTRA HOIIDAY.-A petition is in circuietoh on
the Kew, york Produce ENchange asking the board
~ managers 10 close the exchange on Good FRIDAY
--l,o question Of closing the Stock Exchange on
Cood Friday viii depend entirely upon the 'oHoi-
ton Of the local and foreign markets this week
APPLICATIONS TO LIsT-The following nave
supled 10 The Ner York Stock Exchange 10 i's'
securities: The Grand Rapids Railway COMPANY
e.s, ooo additional arst mortgage per cent bonds
~ ,4is. .he Portland Railway company. H-4''V''
additional first and ref1nding mortgage S'"Ni'e
fund per cent bonds OF 1880
Rank CIEARINGs.-The total bank cleafihgs
~ the United States for the week ended Marcn
q lone day estimated mere S. SoSs5s 80 against
e 7oslas in TIE preceding week ana S-o0eo'7Se
for the corresponding week Of 1905
shOhI = - T-easrr,. YESTERDAY aggregated
nlrcIase,i II = -, Ile+sr,5er a toJsl - e2H.-
a. The total outstanding Is S0I.l3o.l2o
,-,7r- ,rnv cE1T-RE GOID.-A London
-sF-N I'm -, S-e,,- work may obtain of
clslalS,s -, -iIi 10 cfered in the London market
--,-.,,-,.,--, TT, a N-cEF-p AGENT.-The Knck-
A tot-S - ,sos7-e1t, las fee1 appointed trans
= ooheI i.s' ~ Se,-a;ga-T-tah Mines & Shelters
Cn-nnratinn