New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-19
TOPICS OFsTHE STREET.

FOREIGN TRADING. - Foreign houses
bought upward OF 1900 shares on balance
I'm the local stock market.
DIVIDENDS DECLARED. Dividd,e;nd as
have been declared as follows: Inc fla RIA
Operating Company, regular semi snn .h, .
per cent on the preferred, payable Oct0Cei
q The Cumberland Telephone anu ner
graph Company regular quarterly PEI PEI
cent. payable October 2. The Crude vi
Company. initial monthly l per cent cRI dis
able November l.. The Usage ana O una
homa Oil and Gas company MIA 1rha Sorth
Butte Company, regular quarterly 80 cen,s,
payable October 81 The Texas ana a0r In
Coal Company. regular quarterly ~ bv
cent. payable September 30. The NipissIhs
Mines Company, regular quarterly per
cent and 2Ib per cent extra, payable Oc
tober 20 The American Brake Shoe am "a
Foundry Company. regular quarteLtySr
per cent on the common anu
payable September 80
AMERICAN BEET SUGAR.-Accordlng
TO "The Wall Street Journal, an lnteIess
I'm the American Beet Sugar company say
the directors are in no hurry 70 place 'Is
common stock on a dividend basis ~ 10
Suggested that the most prudent polcy
would be to build up substantial "ornI
capital before paying anything 70 eo ~ he
shareholders The net liquid assets % n ra1
company are only shade ABOVE Ihv rnee
current liabilities Then there are PIT
poets of changes in the sugar tarln schV de-
ule II the price of sugar noias a. $3.50 rs
present level the net earnings Oh ri tue cnrrent
lean Beet Sugar Company In the cur IN IN
fiscal year will be much larger imam III '"'
preceding fiscal year.
PIG IRON PRICES.-Prices tor pig , LII.
according to New York tobbers, are III az.
and sales last week showed a.. n0d IONS
80 far and inquiries for nearly tnat InuS1n n
more. Slight Increases In quotatlohs it t,nid
during the last two weeks are peias ~
and in some localities an additional 20 ceii.S
is heine asked. although business at the III
creased price is slow in coming. me sa,,,-
nal decrease in stocks throughout the coE m
try is responsible In a great measure
the better feeling in the trade
T1pIScINC NTNES-The financial state
ment of the Nipissing Mines COMPANY a
Of September t. submitted to the eeo.
vaeterdav, shows: Cash on hand, SS4os9 ore
in transit $24l, SIS; ore at mine IeauS a.
abinment 1913. 500; making total Oh a. a.
2502 30. II is estimated that at the tiiiae me
next dividend is payable, on OctoDel an
company will have cash surplus VI 81
proximateIy N,lOO,W0. o,ro
WESTINGHOUSE ELECTRIC. - Geot te "a
c. Smith, for the last ten ye Snna oU, in
charge OF auxiliary organizations, ~nn VIZ
signed on september l, VIII ue ~ oreeI-
by Calvert Townley, assistant 70 III and
dent OF the Westinghouse Electric anu
Manufacturing Company. Mr. Sfhl'n ,her
tired TO give his entire attention 70 o'"'i
enterprises in which he is Interested.
WESTINGHOUSE AIR BRAkE,m 6rt &c g
westinghouse Air Brake company &c d(s ~
for the wear ended July 81 net earnings vi
"a O3i 231. a decrease OF sl,6lSS7l, ana a SUI
nlus after dividends OF Sl23,134, compdii ~
Dnitb 81 474 O1O at the close Of the preceding
year. ,,.,on
APPLICATION TO LIST.1APplicati4tnn
has been made to the Stock Exchange 10
iist coo 0nO 600 Great Northern Railway nrst
and TefInding Az per cent mortgage oohus'
due 1916.