Newark evening star and Newark advertiser., 1910-08-20
WALL STREET. NOTES.

American Writing Paper Company,
for the six months to July l, exceeded
in gross sales those of the same period
of 1909 by per cent. For the last
month and a half sales have been run
ming IA per cent. ahead of last year,
bringing both gross and net earnings
up to record figures,
Directors of. the Utah Copper Com
pany will meet next week for dividend
action. 1t was reported that the diyi-
dend will be the usual rs cents per
share.
Net earnings of the Pacific Coast
Company for the fiscal year ended June
30 were the largest in the history OF
the company, amounting to $1.512,479. a
gain of $552,9e0. or 5.7s per cent. over
last year. and per cent over 1907.
Based on the present rate of increase
in receipts of the Philadelphia Rapid
Transit Company, the current months
returns will exceed those Of August
last year by about $4,000.
Approval has been given by stock
holders of the Pittsburg Plate Glass
Company to an increase of the conn
mon stock issue of that corporation
from $17,5o0,o00 to 2,5o000o, or 80 per
cent, making the total new issue $5,-
600, 900. The new stock will be issued at
par and be paid In Ave equal install
menSs of 20 per cent. each on October
1 and December 81, 1910, and the first
days of April, July and October, 1911.
The General Chemical Company de-
clared yesterday a regular quarterly
dividend OF ~ per cent. on its pre-
ferred stock, payable October to
stockholders of record September 81.
Earnings Of the Southern railway for
the second week In August were $685.
0S9, an increase over the same period
last year of s406,337. From July total
earnings were $6,S7s.2s9. an increase Of
$3.50, ,665.
Colorado and Southern from July
showed earnings of S1,974,12S, an in
crease Of $94, ,15S. For the second week
of the current month earnings were
$S19,6s9. an increase over last year OF
$13, $40.
The report of the Minneapolis, st.
Paul and Saulte Ste. Marie for the Sec
ond week of August showed gain in
earnings of $57,915. as compared with
the corresponding week last year. From
July 1 total earnings were $2,S11,S2b an
increase of s2s0.352.
The Massachusetts Railroad Commits
Of
twenty-year per cont. bonds by the
Milford and Bridge Street railway for
payment OF floating Indebtedness.
Speyer & Co., who secured the s2,243.-
900 State of New York per cent. canal
bonds delivered to them Wednesday,
have resold the entire amount
Application has been made to the
New York Stock Exchange by the
Chicago, Indianapolis and Louisville.
railroad to list $3,000,000 4 per cent. re-
funding mortgage bonds, due 1947.
The American Engineering and Manu-
featuring Company, capital 100000, has
received a Delaware charter for the
manufacture of lubricating oil and
moving parts of dumb walters.
While commercial paper rates are
sitter in New York, there has been
some easing off in this market The
quotation here is 51A to 6 per cent. and
for a very few choice names per
cent. has been reported.
Trenton, N. j., has awarded to Blod-
get g. Co. 100000 three-year AZ per
cent. water bonds at 1OS.7s8a4.26 basis;
$4,000 twenty-year ~ per cent. harbor
bonds and $1,000 twenty-year Az per
cent. fire bonds at 1OS.o2a4273 basis.