New-York tribune., 1911-09-28

FOREIGN TRADINO.-lHeGe Vas uS1'y
trading for foreign account in this mar.
ket. purchases exceeding sales by ABOUT
50 600 shares.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: Inc west
iughouse Electric and Manufacturing com
pany, regular quarterly ia per CenI On he tte
Pittsburgh, Cincinnati, Chicago & 81 LOUIS
Railway Company, regular quarterly "a
rer cent each on the common ana pre-
ferred, both payable OctopeT 20, 'IiS III,
national PAPER Company regular quarterly
y per cent on the preferred, payable Octo-
ber l6; the Associated Merchants company
regular quarterly IA per cent ana extra =
per cent on the first preferred and regular
quarterly ~ per cent and extra u per cent
ON the second preferred. payable october 10;
the United Dry Goods Company regular
quarterly per cent on the common pay
able November ! the II. b. Clailin Com
pany regular quarterly IL per cent on the
common PAYABLE October Is, the Delaware,
IackaWanna & Western Coal Company
regular quarterly 2l2 per cent; the Repuo-
lie Railway and Light Company initial
quarterly ~ per cent on the preferred,
ravahle October IS. the Standard Milling
Company regular semi-annual per cent
on the preferred. payable october 81: the
Gallatin National Bank regular semi-an-
uual per cent. payable October 6; the
Associated Gas and Electric Company reg
ular quarterly lla per cent on the. pre-
ferred. payable October Is. the Rio de
rany regular quarterly IA per cent, pay
able November !, and the Mexican Light
and Power Company regular quarterly l
per cent on the common, payable Octo-
Der 16
SECURITIES LISTED.-The following Sc
CGrities have been added TO the Stock EX-
change list: The Minneapolis, st. Paul &,
Sault Ste Marie Railway Company, S,lS7,-
stock; the Pittsburgh Coal Company.
s. S95 400 common stock; the New Central
Coal Company, Sl0O0,000 capital stock; Sl0,-
153 000 6 per cent convertible gold debenture
bonds, due 1881. Of the Texas Company ana
SIG OiS.000 4it per cent Great Northern Rail-
way Company first and refunding mortgage
gold bonds.
COPPER MARKET WEAK.-Conces-
sions continue TO be made in copper prices,
with eectroytic commanding l2i4 cents
pound. A sale OF 100000 pounds on this
basis has been made for shipment 10 a
Western plant. Small sales Of the metal
have been made below l2A cents pound
There IS little demand for the metal abroad
and domestic purchases are OF a hand-to-
mouth character
STOCK TO BUY on 4 SCALE.-A cir
cular calling the attention OF investors 70
many dividend paying or promising stocks
has been issued by Thompson, Towle q
co. In making the selection, the firm says
It has aimed 10 include principally those
shares the past record of which shows that
when the turn comes rapid recovery in
these stocks are regarded as future diVi-
dend payers There are also a number OF
low priced issues Of merit This latter
class Of stocks. properly bought, return A
greater percentage on their cost than do
the higher priced issues. In mentioning
the low prices for 1907 or 1908 and suggest
ing scale purchases, we do not mean 10
infer that prices will 80 as low as they
did i'm those years These former low rec
ords represent the probable limits OF any
serious price disturbance which might oc-
cur"
MALT DIVIDENDS INCREASED.-Th
directors of the American Malt Corpora
tion have declared a dividend OF 81 share
on the preferred stock. payable in two
pdlIal instaments. one on November > and
the other on May ., 1912. The last previous
dividend. paid on May , last was 81 a
share. or | per cent In November. 1905.
gig per cent was paid on the preferred The
directors Of the American Mailing Com
pany have declared 4 dividend of 50 IS a
share on tho preferred stock. payable in
equal instalments on November ! and MAY
1 next The previous dividend was " cents
a share. paid on May ..
ELECTED DIRECTORS Charles r.
Walker and Wilbur G. Walker, respectively
Vice-presdent and secretary of the COM
have been elected directors Of the Pope
Manufacturing Company. 10 succeed Harry
Bronner, August Heckscher and II. l..
Freedman, resigned
ANGLO-SOUTH AMERICAN BANK
The Anglo South American Bank Ltd, has
added 10000 10 the reserve fund aud
10. 30 to the officers pension fund appliad
1L0Sl TO depreciation I'm the capital om-
ployed in Chilt and carried forward ti9, ,lOo.
and has given 10 per cent bonus To the
stan. The paid mp capital Of the bank is
now t,2'oNo, and tho reserve fund tN5o 200