The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1907-09-08

ern system.
DistHers earned about per cent on
/ its common stock in the last fiscal
year, according TO the report soon to
come out.
Figures on the operations of the Amer
lean Smelling and Refining Company
for the last fiscal year snow a balance
after the preferred dividend equal to
! 12.2 per cent on the common stock.
One or the stories current taken IN its
least extravagant form is that the Har
riman control OF Union Pacific has un-
dergone some modification IN the past
nine months, giving an important voice
TO an interest which has hitherto been
most unfriendly.
Many of the steel plants at Pittsburg
ina 1t necessary to work on Sunday IA
order TO keep pace with the business
offered 1t is strange how this business
recession affects business.
II frosts hold off from the 18th to the
last Of September. Missouri may be
counted on 10 turn out the biggest corn
crop IN many years.
The het earnings of the American Car
and Foundry Company for the quarter
ended July 81, last. amounting to 81
59z,9iS, were larger by $197.76l than for
any previous quarter in the company's
history. The nest largest quarter, IN
point Of earnings. was tn one ended
april 30 last in which tho earnings were
$2,S95,A7.
Boston appears 70 have made a failure
Of lis attempt 10 float a 100000 loan
in per cent bonds. Though on the
market for several weeks, the total
sales over the counter 20 date have
amounted TO only $4,000. The failure
Is credited 20 the fact that New York
city offers S40Oo0.OO0 In ~ per- eent
bonds. the advanced rate overshadow-
ing Boston's effort.
The United States Steel Corporation
viii score net earnings OF so. o., 900 or
SO IN the September quarter. according
% information given out by a respOn-
sible authority.
The number OF bids received for the
issue OF $4o00o,ooo ~ per cent corporate
stock aud bonds Of New York city.
which is to De sold on Tuesday next.
already exceeds the total number re-
celved for the last Offering Of 81, o00, COO
The stocks of the Canadian chartered
banks IN the recent market decline.
have shown market depreciation OF
Sl7.67O,OOO.
Ia all France there are only LOO per-
sons who are miIlionaires in our sense
Of the word. or the miIionaires in
francs there are about 1000 apart
from the LOO already counted.
During the month of August the Amer
lean Car and Foundry Company shipped
1881 cars, the largest number ever
shipped by the company during any one
month II is believed that the company
VIII ship very nearly as many cars this
month as during August.
The placing OF Burlington on regular
S per cent per annum basis. together
with the declaration Of an extra divi-
dend OF per cent. marks the passing
Of another milestone in the affairs or
that road.
Since the act was pessed in 1900 per-
hitting banks to be organized with So
900, the South has made great strides
and under this law has established new
banks until now she Is a close second
TO the Middle West in the number Of
banking institutions.
The Delaware and Hudson Is breaking
all previous records for earnings, both
gross and net, and the probabilities az
this time are that its total net profits
I'm the current fiscal year viii amount to
upwards Of s.. 0O0, 900, possibly as much as
s., 000, 600, or from Is to is per cent on
its s42, S99, 500 OF stock.
One Of the best informed Of the bond
brokers. who has just returned from
abroad, says that the best banking
opinion in London declares the situation
there absolutely sound. He believes both
Frankfort and Amsterdam are thor
oughly liquidated. but thinks Berlin IS
the sore spot, and says that II is being
watched very carefully by European
bankers everywhere. He considers Paris
has money TO invest, but for the present
has been scared out of stocks.
Spot cotton Just at this time seems to
Iurnlsh the tounoalon Tor the price
building that has recently been going
on in the market It is said that not a
little buying IN Southern territory has
been so near II cents pound for mid
ding as to give the believers in higher
prices good ground for their faith In
formation from various sources in the
growing belt shows that growers them
selves have put a cent more on their
estimate and are looking for I5-cent cot
ton, at least for the early months Of
the year.
WOMAN ASKS DAMAGES;
LITTI = DALI ,qAV cEIZEO