New-York tribune., 1911-12-13
TOPICS OF THE STREET.

FOREIGN TRADING.-TTansact in
the local stock market for foreign account
amounted to about 5000 shares, mostly
purchases of United States Steel and Anal
gamated Copper.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: The Nc
Crum Howell Company, regular quarterly
three-quartcT OF per cent on the common,
payable January /; the Royal Baking Pow
der Company, regular quarterly lla per
cent on the preferred, payable December
30; the La Rose Consolidated Mines Com
pany, regular per cent, payable January
70; the City Railroad of Chicago, regular
quarterly 2l2 per cent and an extra ll3 per
cent, payable December 80: the Underwood
Typewriter Company, regular quarterly ia
per cent on the preferred and per cent on
the common. both payable January !; the
Nipissing Mines Company, regular quarter
ly per cent and 2l2 per cent extra. pay
able January %; the Union Bag and Paper
Company, regular quarterly per cent on
the preferred, payable January 10; the VIZ
ginia-Carolina Chemical Company, regular
quarterly per cent on the preferred, pay
able January Is: the Sloss- Sheffield Steel
and Iron Company regular quarterly lA
per cent on the preferred, payable January
.: the American Surety Company, regular
quarterly 3 per cent and per cent extra,
payable December 80; the National LCOrice
Company. regular quarterly IL per cent on
the preferred payable December 20; the
National Sugar Refining Company, regular
quarterly IL per cent on the preferred
payable January 2: the United Fruit Com
pany, regular quarterly > per cent payable
January l5 the American Brake Shoe and
Foundry Company, regular quarterly l$t
per cent on the preferred and quarterly
1at per cent on the common, both payable
December 20, the Standard Gas Light Com
pany, regular semi-annual 3 per cent on
the preferred and per cent on the COM
mon; the American Gas and Electric Com
pany, regularly quarterly IL per cent on
I 4 rliln rap
ular quarterly 1i2 per cent on the preferred.
payable February 1; the Standard Coupler
Company. regular semi-annual 4 per cent
on the preferred and per cent on the
common, both payable December %.
HEAVY STEEL ORDERS New bust
ness for the last several days has been
coming to the United States Steel Corpora
tton at the rate OF close TO o0CvO tons day.
The demand for all classes Of steel IL orisk;
Orders for wire are particularly heavy, ana
the mills are operating almost 10 capacity.
The increase in tin plate orders Is pro.
nounced. In connection with the gain OF
40, 600 tons in unified business last month
tho pig iron sold by the Steel Corporation,
amounting TO close TO 10000 tons. was not
included Had this been the case, the in
crease In orders would have amounted 10
about $4,000 tons, or at the rate or nearly
1000 900 tons per quarter III making up
untitled tonnage the corporation does not
include cement orders. Independent steel
companies are receiving new business AZ a
tate proportionate with that OF the Cnlted
States Steel Corporation.
INTERNATIONAL PUMP.-At the an
nual meeting OF the lrternatonal steam
Pump Company II. b. Hollins, Walter
Kutzleb, OF II. b. Hoilins &; Co. and A.
w Kenworthy, controller Of the company,
were elected directors TO fill vacancies The
companys report for the eighteen months
ended September 80 shows net prohts OF
$3.50 449 After interest and dividends there
was a balance to credit Of profit and loss
account Of S506,j73.
COPPER PRICES HIGHER.-Sales OF
copper were made yesterday by one OF the
larger agencies at 13s4c pound, electro
lytic thirty days. The advance has not
become general, as metal is still to be mad
at 1870, but a continuation OF the present
demand will mean an advance shortly by
ali agencies to a 1324c basis Strength in
the London market IS an important con-
tributing factor Copper has not sold as
high as 1890 since late IN 1893 and early IN
1910
NIPISsING MINES COMPANY. - The
Nipissing Mines Company reports as OF
December 9, cash OH hand, SS12,G6l; ore at
mines and in transit. $5iS, SIG; total. 81, N,Giisn.