New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-21
TOPICS OF THE STREET.

FOREIGN TRADING There was prac-
tically no business for foreign account on
The local Stock Exchange.
DIVIDENDS DECLARED. - DIVIDENDS
have been declared as follows. The Ameri-
can Seeding Machine COMPANY, reg lel
quarterly y per cent on the preferred anu
quarterly 7 per cent and One-half or PEI
cent extra on the common. all payaoie
July To- the United States Worsted Com
pany, regular quarterly 81. per cent on the
preferred. payable July L., ID Rose Con
solidated Mines Company, regular quarter
ly per cent. payable July Zo' the AMER
can Power and Light Company, regular
quarterly ~ per cent on the preferred
payable July l.. the Bankers Trust Com
pany. regular quarterly Z per cent, the
United States Light and Heating COM
pany. regular senii-annual 3i2 per cent
payable July 20. Manning, Maxwell q
Moore. regular IL per cent, payable June
30; the Niplssing Mines Company, regular
quarterly per cent and IL per cent extra.
payable July 20. the American Telephone
and Telegraph Company regular quarterly
e, payable July -: the Kansas city South
ern Railway, regular quarterly j per cent
on the preferred. payable July 10. the
Fourth National Bank. quarterly per
cent, payable July I. the Central Trust
COMPANY. regular cuarterlv per cent.
payable July /. the Empire Trust CON
pany, regular quarterly 2i2 per cent. pay
regular quarterly per cent. payable july
I. New York Ontario & Western, regu-
lar annual per cent, the international
Nickel Company, regular quarterly il2 per
cent on the preferred and ~ per cent on
the common; the Trust Company Of Amer
lean regular quarterly per cent, payable
July 3: New York Mutual Gas Company
regular seIui-annual 4 per cent. the New
England Telephone and Telegraph Com
pany. quarterly q, per cent, an Increase
OF one-fourth Of I per cent quarterly. and
the German Exchange Bank. semi-annual
~ per cent.
~ ~-ooD-, IT. -. ~.--.-
Company reports for the year ended april
So, 1911 as follows. Cash on hand May
1910, sl5,l65. receipts from sale OF 1880
shares OF stock at S2j q share less under
writing expenses. So. 4l5; interest or de-
posits. {3.73S miscellaneous receipts. N,s4,
total receipts s636le2, expenditures at
mine, 1926 %; salaries. legal expenses, etc,
sl4 0lS, total expenditures 500, 239. cash on
hand April 80 1911, S326.e52, copper on hand
HtO5o pounds ar y cents q pound, S3e 30 .
supplies or hand SL653; cash. copper and
supplies on hand april 80 1911. $40 Isl, less
accounts PAYABLE SIS 90. balance OF current
assets over liabilities 1887 ss2
NO ACTION on CHICAGO & ALTON
PREFERRED DIVIDEND There was Z
meeting OF the executive committee OF the
Chicago & Alton Railroad Company yes
terday. following which lt was sta led thar
no action had been taken by the committee
on the preferred dividend. 4 number OF the
executive committee Of the Chicago q Alton
Railroad Company says that probably no
action VIII be taken on the preferred divi-
dend until after July J.
FEDERAL BISCUIT CONPANY.-The
Federal Biscuit Company IS Offering part
or It's 100000 per cent cumulative pre-
1erred stock st par, with a bonus Of one
share OF common with every TWO shares Of
preferred Application will be made for
listing on the New York stock Exchange.
DENVER & RIO GRANDE.-The Joys OF
outdoor life IL the Rocky Mountains are
pictured and described n new booklet
issued by the passenger department OF the
Denver & Rio Granda Railroad. entitled
Camping In the Rockies.
NTPISSING MINES - The Nipissing
Mines Company reports as az June L. cash
on hand and IN bank and value OF ore ar
mines ready for shipment 81. 4ol 400
BONDS SOLD. - The ss25.ooo city Of
Water bury Conn. bonds reeeqtly pur-
8 Burr have been sold.
CHINESE LOAN OVERSCBSCRIBED. -
+ The American allotment or the 3 500 90 OF
Hukuaug RAILWAY bonds has been ren times
oVersubsCriDed.
APPLICATION TO DISQUALIFICATION
las been made 70 the New York Stock Ex-
change 70 list s. $4,000 first mortgage per
cent bonds of the Ontario Transmission
COMPANY due 1910.
TRUST COMPANY OF AMERICANA a
meeting Of the directors OF the Trust Com
I pany Of America Charles y. Never. Charles
/ D. Freeman and Albert 3. Bosrdman were
added 10 the board.
ADMIT led TO eliza KING HOC Sc. -
Al d meeting OF the Clearing House Asso-
citation the Metropolitan Trust Company
was admitted 10 elunershlp. making SeV-
enteen trust companies now IN the assOcia-
( ton. Il was voted 20 amend the constitu-
ton or the association 70 the effect that
/ institutions clearing through a member
must keep a proportion OF reserve equal
10 the minimum required in the case OF
Clearing House members. There are TWEEN
/ ty-One such institutions, and It Is com
monty expected that Il considerable num-
Der OF them will within the next few
/ months Increase their capital stock 70 the
minimum amount required for membership
/ in the Clearing House and then make ar
plcation FOR admission as members.