New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-12

will be famine before the close OF the year =,
there is no material increase in supplies FOREIGN
consumers would be willing paw o cents .
pound for copper, but are not able to secure sue7
Gent supplies even this figure They are scop-
ing the world for the metal and are now fully cor
WINGED that there is foundation in the stories
that producers accommodating stocks in order 10
maintain high prices
AMERICAN SHELTERS SECURITIES COM
PANY.-At a meeting of the directors Of the
American Shelters Securities Company held YES
terday the board was increased from seventeen IN
twenty and the executive committee was increased
by two. The new members Of the board elected
were Arthur l. Walker, Joseph Clendeuin John
K MaoGowan William II. Pierce and John NJ
Steele. Mr.. Steele is now general counsel OF the
company Two Of these newly elected directors
to i'll vacancies on the board. The first -four
Of the new directors named above were also added
10 the executive committee. two OF them TO iii
vacancies in the same
AMERICAN SMELLING AND REFINING CON-
PANY ELECTION.-At a meeting Of the directors
of the American Smelling and Refining Comuanv
ecGtve committee from fourteen 10 sixfee s7 s eS
elected as new members Arthur L Walker Joseph
three was elected 70 fill the vacancy caused bv he
resignation of Senator Simon Guggenheim.
ATLAS TRUST COMPANY-The ircorpora4o-,
Of the Atlas Trust Company have appointed a com
mittee complete the organization o. the com,
pany and attend the business Of aIottins stool, n
merchants and others who are identified with the
wholesale district where the trust c0n1Dany will HI.
located The stock which has been offered aIraa5C
has been oversubscrbed but ii is the intertior -
the committee to make the allotment OF stoclS
among the local trade OF the district the business
interest Of which the trust company VIII appeal ~
AMERICAN COAL COMPANY DIVIDENDS
The directors Of tho American Coal Company have
declared the regular semi annual dividend OF pe-
cent and special dividend OF p Per cent payab1a
March / The special dividend was made possible
through the sale OF the COmDany's interest in me
Cumberland and Georges Creek Railroad 20 the
Goulds few weeks ago
NEW TRUST CONPANY-Ira n Manning ~
No. 1F Fourth avenue. Is Organizing a trust com
pany for the people. OF the people and by me
people, 70 have capital OF S15off0 and 70
called the Peoples Trust Company. Mr. Manning
delphia which opened for business last week
PIG IRON CERTIFICATES Pig iron csrti1-
Gates az the New York Produce Exchange were
S23 IS. Quotations for standard foundry follow.
Cash 81 bid, February. 81 - bid March. Nl :
bid; April 81 1892, MAY. S21 60 asked June 81 N
asked July 81 81 asked. October, S9GS1
FOURTEENTH STREET BANK DOUBLES
CAPITAL-At a stockholders meeting ~ thu
Fourteenth Street Bank. held yesterday IL was
decided 70 increase the capital stock from S00G0
70 $1,000 The new stock will be offered 70
stockholders ar $50 share
FURTHER ADVANCE IN PRODUCE FX-
CHANGE SEATS-A New York Produce Ex-
change membership was sold yesterday for $50
Ihis IS X above the preceding sale and within So
NJ the highest recent point.
GOLD ARRIVALS-The steamship Cie-r1ania
which arrived at this port Yesterday from Liver
pool brought 5000 gold consigned - Kuhn,
Loeb & Co