New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-17
TOPICS OF THE STREET.

DIVIDENDS DECLARED. DiyiGaedn,ea55
have been declared as follows: Inc .ne,i-
States and Mexican Trust COMPANY /;
lar quarterly per cent, payable OcTIonada'
the Bell Telephone Company. OF SaS ncto,
regular quarterly 2 per cent, payapie UUring
Der IA; the Yale G. Towne Manuia or cent
Company regular quarterly, IA p per 2:
the aba D,stIiIing Company OF America, reg sd
lar Quarterly | per cent on the preIeI,vri'
payable october 30: the Distlllers one
ties Corporation. regular Gtober al the
Toronto Railway Company quarterly her
cent. an increase of one-quarter ", ,he
cent quarterly, payable Octooer 10, ,,orly
United Utilities Company reguia navuable Oc-
tober I: the Brunswick Balke-Coheilue,
Company regular quarterly "a per Per Rail,
payable october /; the Chicago asr cent cent pay
ways regular guaTnterttgy "a Eastman er Kodak
Sownany extra 71b per cent on the COM
mon payable December !. 81,
NEW HAVEN'S EARNINGS;-A aus
patch from New Haven says Inc ended
.June 30 will include consolidated ihtor nc
account showing gross and net Oh sub
lines and combined returns Oh az ijnes
salaries wholly owned. The steam i divi.
will show deficit after 5 per cent ,nc %
dends OF $4,000 but combined in nc ar
account will show deficit Of only S5Uo."' ~,
Guiding all divsible profits OF trolley au a
steamboat lines. The statefnent W." onrt was
earned for the stock. Under ruling Oh , Ia
commerce commission New Haven coui pt
properly have capitalized $l,3VVU lteieo s
on $2S0OO,Oo0 construction expeno a,ien,Ie
locked up in equities as yet non-reVenue
producing, particularly the New 1oI .I
Westchester & Boston and the New iol TOTE
Connecting Railway. Instead, tne nisn
ment has included this In charges
MAINE CENTRAL DIVIDEND RE
DiiICED. directors of the Maine Cen
trail Railroad have declared quartesIy
dividend OF ~ per cent, payable OCTOBER
l. This is a reduction from an per cen'
annual basis to per cent ana Is IN al !,
cordance with the announcement recently
made in connection with the doupllns OF
the company's capital stock through an
offer of J0Oi3 new shares to the stockhoid-
ers at par. The Maine Central is is con- 1be
Boston & Maine, which In turn Is owned
by the New Haven. In July OF TINS year
the dividend on the Boston x Name was
reduced from per cent annual OASIS "
per cent.
BANK CLEARINGs.-The total oahS
clearings for the United States for the
week ended September Is. 1911 , ,eI Gay ),
estimatedl. according to r,The tina norsl
pares with s2,343, 0S2.2 $50 the preceding week
and s276s 597 eS3 for the week ended sep
tember II. 1910. Compared with last year;
the total bank clearings have Increased o.
crease OF sc per cent Chicago OF 142 per
cent, 81. Louis Of lls per cent and New
Orleans Of 1879 per cent. while Boston re-
ports a decrease OF OF per cent.
FITCHBURG RAILROAD TO iSSO r;
RoNDS a meeting of the stockholders OF
the Fitchburg Railroad Company has been
called for September q 10 authorize an
issue OF sl35O,000 bonds, proceeds OF winch
will be used To retire 10000 Brookllh1 *
Pepperell per cent bonds maturing De,
cember / and TO provide for additions ana
improvements
TOBACCO STOCK DEPOSlTS.-The chair
man OF the protective committee Tor Amer
lean Tobacco Company preferred stock, the
time FOR the deposit Of which expired Fri
nav, states that large amount, more man
a majority OF the stock, has been turned IN
extended.
ELECTED A DIRECTOR.-August Bel,
mont jr has been elected a director OF
the Chatham and Phenix National BANK