New-York tribune., 1911-12-20
TOPICS OF THE STREET.

FOREIGN TRADING Foreign houses
bought 10 900 shares in the local stock mar
let and sold upward of 5000 shares Most
OF the purchases for London account were
in United States Steel
DIVIDENDS DECLARED. - Dividends
have been declared as follows. The
Atolan-Webor Piano Company regular
quarterly ia per cent on the preferred, pay
able December so; T.. W. Bliss & Co.. regu-
lar quarterly 2 PEI cent on the prefer ed,
paNablc January - the Dominion Natural
Gas Company. regular quarterly per cent,
payable January =; the ONO Fuel supply
Company, regular quarterly > per cent, pa!
able January U.s. the Empire Trust COM
lsny, regular quarterly 22 per cent, pay
able December 20; the Lehgh y Wilkes
Parre Coal Company. regular semi-annual
s. ., payable December -; the Central
Railroad Of New Jersey, regular quarterly
per cent and an extra per cent, the regu-
lar payable December -. and the extra
February I. the Central Trust Company,
regular quarterly Der cent payable Janu-
AIRY .; the American Telephone and Tele-
graph Company. regular quarterly per
! cent PAYABLE January To- tho kansas
/ City Southern regular quarterly / per cent
on the preferred, payable January 10; the
Columbia Trust Company quarterly per
cent, payable December 80. the Texas Pa
c.hc Coal Company, regular quarterly IL
Icr cent. payable December 90 the Mutual
1 Gas Light Company, semi-annual per
cent. making per cent for the year, com
pared with Z per cent last year and the
/ Bank of New York y. r. A., regular semi
annual 7 per cent. payable January .
NANDAIIA DIVIDEND Nandaia
Railroad Company has declared a dividend
/ Or three-qudrters Of ! per cent payable
December Is The directors omitted the
usual quarterly dividend of ] per cent due
November % last. The company has issued
the following statement. When the mat
ter Of the dividend usually paid. IN the
mCnth Of November was considered by the
directors Of the Nandalia Railroad Com
pany in the early part of November. the
I business outlook was such that II was
doubtful whether the earnings would jus.
titv sthe payment OF any further dividend
this year; but since that time the net
earnings Of the company have improved
so that the directors felt justified in declar-
rS an additional dividend Of three-quarters
of per cent. payable December IS. making
the total dividends paid this year per
cent
LARGER COTTON HOLDINGS Port re-
ceiDts OF cotton have resulted in accUmu-
lations becoming still more pronounced
feature of the cotton situation Three
Southern ports Of Galveston, New Orleans
and savannah have stocks amounting
70 l"pg1 bales. Licensed warehouse
stocks az New York grow more slowly, with
NtOl bales on hand. Heavy contract sales
at this nort have been a feature of recent
this account were 500 bales. Last week
there We're two or more davs on each of
which 500 bales or over were sold on con-
tract.
FEDERAL MINING AND SMFLTING- 80
Net earnincs Of the Federal Mining and
Smelling Company. after all charoes. for
the first ouarfer Of the current fiscal year
totalled Nq7 500 or 81 $50 short of the pre-
ferred dividend for the quarter. Earnings
bV months follow S5S of0 for September
So 0o0 for October and SIS 910 for November
The cOmparstivelY poor showing for the
quarter was due 10 lower prices Of lead and
lowe silver recovery from the ores eX-
tractetd from the Mace mine.
GREAT WESTERN CEREAL COM
PANY-The Great Western Cereal Com
pany has called a special meeting for De-
Cemher y At Jersey City to vote on re-
0uction OF common stock from 80 $4,000 to
500 900 which wonld reduce the tax IN New
jersey from 100000 10 S750.000 a year
INTERNATIONAL NICKEL.-The direc-
tors Of the international Nickel Company
have declared a quarterly dividend of >
Ter cent on the common stock. This Is an
increase Of / per cent quarterly from the
last preceding payment and places the
stock on a % per cent annual basis
ADMITTED TO THE LIST.-The New
York Stock Exchange has admitted 10 the
list $40 O1G0'0 per cent canal Improvement
bonds OF the State Cf New York due 1861.
GOLD FOR SOUTH ANFRICA.-Gold
coin 10 the amount Of 10000 was with
drawn from the Sub-Treasury yesterday
for shipment 10 South America.
UNITED STATES EXPRESS COM
PANY. George II. BuTritt has been elected
a director Of the United States Express
Company.