New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-12-16
TOPICS OF THE STREET

rFORFltN IFNDl.Np'-ro reisn hoiss.
bought upward Of 1900 shares in the 49,
stock merlSet.
BANKS GAIN CASH - The reco,,..
movements Of currency THIS week ind,..,.
n gain IN cash held by the banks Of nsa,,.
5ltcc0e. which was brought about bv
heavy movement Of funds in from thu "a
terror. The banks received from The "a.
! terror t26.25t0o9 and shipped into the IN
terror su.0n00. including S5.s30.1o natlor.,
/ bank notes sent % Washington for -.
/ demption. ana $4,000 transferred 70 s..
/ Francisco through the Sub-Trcasury. rs.
/ gain from tho interior was $4,000 r.
/ ceipts Of new gold we're tl27Seo nsm,,v
on New York Assay Office checks. r.2s2a.
and on Seattle Assay Office checks. Sis0s
Ordinary disbursements by the sub-Trea..
I ury were $i5.042.OJ) Payments BIZ the 49,
I 20 the SUb-Treasury for customs, irtsrnsi
revenue. per cent redemption fund Asc
amounted 20 f20.63sD0. showing a loss =,
/ the Sub-Treasury operations proper Of r..
$4,000 Tho total gain from the intAylo,
/ aud by now gold was $500 Deductiry
\ therefrom The loss on Sub Treasury onsys
( tions proper, tho net gain By tH- Ssrk,
, was sloS94.C00
DIVIDENDS DECLARED. -- UlyiA4n4,
have been declared as follows: The c.s'
tral Coal and Coke Company. regular oUs,.
terlv -, per cent on the preferred and Il.
per cent on the common, both pavsHs
January f5 the Norfolk 4, Southern Ran
road. regularly nysrferlv p ~ 1 Der car,
payable January g. The Oh DomInT,
Steamship Company. regular -emi-ann,si
/ per cent. PAYABLE January q The SeahosN
National Bank. regular quarterly 3. ts-
cent PAYABLE January .. the No-a Scosi.
t
| ~ Ter cent on the common, payable Jar
Uary 10: the Yale aud Townc ManUfactir.
ing Company, regular quarterly iii Ter
cent and an extra | per cent. pay able Iar.
uary .: the Buffalo General Electric Con-.
pany. regular quarterly IL per cent on ths
common. payable December 81. the Bstterr
Park National Bank. regular seml-annusl
] per cent pevsJln January %. the Ainel
can Iron and Steel Manufacturing Con-
! pany, regular quarterly Ia per cent on. ths
/ preferred and common. payable January
/ |; the Tonopah Mining COMPANY. reggil-
quarterly - per cent and an ey'Fa y, F4r
( cent. payable January 20
The Continental Paper Company reeula,
quarterly ! per cent, payable January
/ The American Lad and Smelling Com.
/ pany regular quarterly 30 cents, pa!abls
| January 10 The Union Switch and Signal
! Company regular per cent on the pre-.
| ferred and common. PAYABLE January 70
/ Westinghouse Air Brake COMPANY regular
quarterly Zio per cent me Us'l'' A"trd II
per cent and the usual spec al per cent
/ an payable January 10.
/ RAILWAY SUPPLY MARKET Chicago
/ & Northwestern has ordered tcrty-lve cor.
soldation freight, fifteen Pacific type pas.
! senger and fifteen switching locomotives
/ from the American Locomotive COMPANY
/ The Canadian Pacific has ordered nlnsg.
tank cars from the American Car and
/ undry Com nv TIE n ai' Rn.s-,,
/ ter & Pittsburg is IN The nsrke, lor one
I hundred fiat cars. The Southern Pailwly
! is In the market for 27l00 tons Of standard
/ steel rails for renewals and new cQnstrue,.
/ tion The New York Central has placed
an order with the American Steel Foun-
dries Company for 100 car coupless,
/ which will be executed az tha Alliance
J will resume night and day shifts after Jan
I uary /. on account Of large bookings.
TRUST COMPANIES OF. THE UNITED
( STATES.-Tbe United state Mortgage
and Trust Company, OF this city, has Just
( issued It's annual compilation, in attractive
/ book form. Of the statements ~ conoltioi
of the trust companies OF the United states.
a. OF June 30. 1911 There IS included .
J list OF officers and directors. corr spon1-
/ entS dividend rates. trust company Q0o-
/ tations and other statistics The go-k
/ shows that since 1915 the number OF irust
companies in the country mas Increased
/ from 40 TO 1876 and that DO me sans
| time total resources have adtance1 IRON
! S2 Oh 4i2 $50 to $j,leS 535, 1o5. cash on mana
Ind IN hanks held by trust companies
! amounted 10 $50 1853 In 1913 ana 70 u,
34.376 c9j in 1911 while stocks ana Bona.
owned I'm 1908 totaled SS5.3eto9- conlp@Iel
/ with 81 sos. i93 1873 al the close Of the last
/ dscal wear Loans notes and mortgaees
I I'm 1905 were S2Q2i253 169. against S-sis4o''S
/ in 1911. -,
| GRAIN EXPORTS FOR THE WEEK
! "Bradstreet's reports the export, on gran
! far Tho week with comparisons, ngures n
4 ,u-brI. as follows: Wheat Hour incuded,
/ > ~ 792 against 1921. So last week sni
{ >. Se3.5s7 IN this week last year, i9r tas
/ fiscal wear 90 date i.-s5.i3' colhgtstl s ~
/ 4; 190 ~ I'm the CORRESPONDING period m HA
/ Corn 2q1 G57 contrasted with 75Q)5 lest week
and lS2 a36 IN this week ear ago lor tns
-ierai wear to date il.60i02Q. against sNS"'
/ II, the corresponding time IN ifl' -
7 APPLICATIONS TO LIST Apphration
/ have been made 10 the stock ENcnange y
{ list so 100000 capital stock OF me lSahs
superior CORPORATION. sj.oo90oo first mort
, &c o.. per cent bonds, due 1881 and Ng",.
00G first mortgage 81 per cent sltrhus
bonds. due 1871 OF the 81 Paul a kansa,,
/ City Short Line Railway Company ahd
100000 cumulative preferred stock OF us
/ Ia bst Brewing Company
EXPORTS or Exports o.
copper for the week ended December u
" ere 5000 tons, making from December, =,
/ a total OF 5.2A tons, compared VAIN ltNS
/ tens I'm the same time last year
/ CHICAGO RAILWAYS BONDS Harris.
| Forbes &. Co and the National CITY Bank
have purchased approximately S,ee~
! Chicago Railways consolidated mortgage
series a" per cent gold bonds. due
! February :! 1927 With the issue Of ~
proXimately 100000 additional bonds fcr
extensions and Improvements the mortgag.
will be closed. The Chicago railways
= Company operates without surface Son.
petition a comprehensive street railWay
system Of 452 miles. measured a. slnss
! track, serving d population estimated AZ
more than 100000. Annual gros. earn,
| ngs have increased more than S,ee"
within the last tire, wears. and are now
! SlC691. 80. The bankers will make puohe
/ Offering Of these bonds I'm few days.