Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-12-03
Boston-November earnings {

Boston-NOvember earnings of thu.
! Massachusetts Electric Co, for the
second successive month established
new high record for the year in poin,
OF percentage of increase The gain Of
S34,I 900 was equal to a 10.5 per cen-.
| increase, compared with 1913 per cent
increase in October
New fork--Improved business Of
American Hide & Leather Co viii 81.
hu"nce whatever action taken Nv d.
fectors at the quarterly meeting 10 be
held this month. Surplus as OF June
30, was -, 49, III, of which $317,133 was
in cash. Since the annual report was
iSS;ed in June, affairs of the company
have shown considerable Improvement
New Iork-Samuel Mather, who has
been elected a director of the United
States Steel Corporation, is the head of
the firm of Pickands, Mather & Co,
of Cleveland, which controls many
blast furnaces in the Middle West and
vast iron ore deposits in the North.
New Understandings of St. Paurs
Pacific Coast extension for July and
August MAKE so good a. showing thai
they are Of interest to stockholders of
Denver & Rio Grande and of Nilsson.
ii Pacific as Well
Chicaeo-Atchison mas completed in
Stailation of telephones for train dis
patching between Chicago and Chilli
cothe, Ill, l34 miles. where 80 way.
stations may be reached by pressing a
button. Trains out of Chicago arr
now handled Ey telephones as far 40
Newton. Kans., GO miles
New Gork-Dect mber starts off ia.
Norahfy for the Steel Corporation
There has been no diminution in Vol.
ume of orders. The last monthly meet.
ing OF directors was held yesterday
one of the directors saws: THE steel
business was never better. The fig
ures in every respect are SurDrisingI>
large
New Iork--Ofiicers of International
Nickel Co. are gratified over the show
ing curing the last few months. Sep
teinher, October and November show
larger sales than any other thre.
months since Incorporation and Novem-
her holds the record for sales for any
one month.
New Hork-In four months Southern
Railway has earned a total net Of ST.
965,O64 or half 4 million better than re-
ported for corresponding period Of
1908. The real Improvement is greater
than indicated by the net. for of late
Southern has been spending freely on
its maintenance and from a security
holders standpoint this is more en-
courasing than large increase in the
balance above expenses and taxes.
Houghton, Mich.-Lake expects to
ship two cars of rock daily, beginning
with the coming week, and for an i'll.
definite period. Much unfavorable com
ment is heard regarding the official re-,
turns of the second mill run, which,
though extremely high, apparently did
not reach the figure generally expected.
New York-The market in November,
as reflected by the average of 20 rail-
road and II industrial stocks, was one
of uncertainty and nuctuation Rail
road averages reached their highest
on Nov. 2 recording 1886. from which
they fell to 1905 OH the last Gay, a nee
decline of less than four points. In
dustrials rose to 10052 ON the 18th, ana
suffered a loss of AGA points, arriving
ut that stage on the 18th
New York-Colorado & Southern's
recent earnings statement PORT
strongly toward an ADVANCE in the not
Instant future in the rate that com.
pany paws on its $31 900, 600 Of com
mon stock.