The Washington times., 1907-02-10

The New York Coffee Exchange will
be closed on Monday and Tuesday, Feb
ruary IL and u. The extra holiday for
Monday was voted by the members.
The deposits of the people Of Canada
in chartered banks in savings institu-
lions, trust companies and government
pOstoffice banks amount To S579, Co., 900. or
we'll over SEQ a head for every man,
woman and child in the country.
Americans invested $5OO0O.OOO in Mexl-
can mines during 1905. according to an
estimate quoted by the Mexican Invest
or This money was for the purchase
price OF the mines themselves. and does
not include expenditures for machinery
labor, and operating expenses.
The production OF copper in the United
States has increased from 1900 long
tons IN 1856 to $4,000 in 1896, and the
United States now furnishes over 81 per
cent Of the worlds supply.
The question OF listing the stocks OF
nrst-class mining companies on the New
York Stock Exchange at their parity, is
stiIl being considered by the various
committees. The question may so be
fore the governors of the Stock Ex-
change at their next meeting. although
this is not certain.
Taking the gross earnings of all the
Vanderbilt lines FOR January together
they show i gain OF $S59.tGo as compared
with such Increases as SjS3.000 in Deem
Der, SGgo, O0c IN November and 81. 90 900 in
October. II is the smallest gain the
lines have shown in any month Of the
past six.
It takes bold man to sell Great
Northern preferred, and yet some man
does It every now and then. While the
traders who take the stock do not know
where it comes from, they always are
glad 70 get Il. Investors also watch FOR
every chance TO pick It up.
There is a good deal Of accumulation
in United states steel, although it is
agreed that good deal Of the buying
OF late has been short covering II is
believed that the promise Tor an in
crease IN the dividend rate on the com
mon by the directors at their April
meeting is bright.
Directors Of the London and South
western railway have reduced the divi-
railway disaster AZ Salisbury last July.
The managers have set aside S25Q. 900 to
meet claims resulting from the acct
dent Five fatal cases have already
been settled for $4,000, and twelve in
jury cases for SZ9,SJ5, and there are still
eighteen claims outstanding.
The Western Electric Company gross
sales for the fiscal year ended Novem-
Der 60 last were $S9,245 ,331 which COM
pares with $Al45.753 for the 1905 year.
an increase of s.. CO. SIS, or $50 per
cent I'm the twelve months Ten years
ago the gross business Of the company
was IS 1855 SIS This is an increase of
nearly 200 per cent in ten years. a rec
ord probably without parallel in any
line Of electric development
Several additional applications made to
the listing committee Of The New York
Stock Exchange by mining companies
have furnished further proof Of the will
iRgness OF the governors and the listing
committee 70 consider fayorably listing
Of all reputable mining issues. As
the Produce Exchange members also
have expressed their approval of n min
ing and industrial department there can
be little doubt shat New York will soon
wrest from Boston the distinction Of
being the primary market for mining
securities.
subscriptions TO the preferred stock on
a basis of 102 by the employees of the
United States Steel Corporation under
the proht-sharing plan. are coming in
rapidly.
Previous to the last offer TO employees