New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-04-12
THE YOKOHAMA SPECIE BANK, H.
MOrOyuki TOkIEDt. Agent.
- WALL STREET. NEW YORK. lIrT
TOPICS OF THE STREET.

FOREIGN TRADING.-Transacti for
foreign account in tho local stock market
amounted TO upward 81 500 shares. Sales
and purchases were about evenly divided
DIVIDENDS DECLARED.-Divilsnds
have been declared as follows The Kerr
Lake Mining Company. regular quarterly
% cents and % cents extra, the United
States Realty and Improvement COMPANY.
regular quarterly r., per cent. PAYABLE May
T. the Railways Company General, regular
quarterly per cent. payable May J. Bing-
hamton Light, Heat and Power company
regular quarterly ~ per cent on the We
fcrred stock and = per cent on INC com
mon. both payable April 10.
STEEL EARNINGS. The month ~
March was one Of The best months IN he
history of the steel trade ~ the matter OF
earnings. Certain independent companies
report net income clos" TO the hisnes!
level ever reached The United States steel
Corporation's not for the month l. esu-
mated to have been close 10 siiVl'vIl; VI
81 OGo COO in excess OF earnings IN pectui,sI.
Even II shipments of the Steel Corporation
I'm the current quarter are not as large
I'm The first quarter. earnings are hhell 70
no larger This will he due 10 the openns
of naviga ton. the transportation cofhpa'''s
contributing largely 10 income.
CONSOLIDATED EXCHANGE SbAlS-
since March the Consolidated stock "a
change has purchased and cancellen thlrv.
four seats and In this way has 1919 t,
more than $4,000 of its Sratul'N 1ont
I,
active members. influenced. no doup,
contemplated changes in the gratulty tunY
The hoard of governors " no" coinius, ~
several plans regarding the 81 a'uil, -
ton The original mem 2ersnlp VI scodgt.
so,,r hundred has gradually been reduced "
below one thousand, and efforts are ne'n
made TO reduce n to about seven nuhuE
The exchange will then consis, OF HS's~
members and the seats eats VIZ is snmethius 10.
ts0o eonitv nov In each nembersnlP' ~
tba evchance is reducing it, mof's 'or
cations at the rate of s25.'e each Yea -
Union BAG AND PAPER coMPAM..
AT the annual meeting !este' paner
stockholders of the Union Bag ana ~
| Companv Chauncey Marshall was "lto~ii
flass 4 director 10 1ll the vacancy "a 80
| nv the death OF |. il. DIXON. anu h-T ~.
Clifford was elected a Class r director
place OF Mr.. MarSnali. Inc o'"N' WIS -
| were reelected.
| ROND ISSUE NOTED.-Thc directors "
the Kings County Electric Light ana % fo "s
| company have voted 10 issue 81 o ss ~
! authorized s5.0noGgp per cent c"nN, 80. m
. common debenture bonds, making the ws.
ISSUED 100000. Each stockholder WIN =,
entitled TO subscribe for tho. new issue
the amount Of Is per cent OF MS holu'hs'"
| stock. ,.,, 40 cocsef
| metal market is not strong, there mas 49,
| little change to speak OF III prices 49, 49,
the appearance Of the Copper frouucsi
| figures. Sales OF electrolY NC az - -
al i2i. cents a pound. but the large "a
ducers and selling agencies con'i,u, A.
quote prices for large lots = to = nis -.
There Is little demand for the metal n IT,.
domestic consumers. They continue 70 cuy
for Immediate needs only. Adylces IT,
Europe are that consumption continue ~
increase. particularly copper FOR c'ce"S~
requirements. ..uov,ns
| locomotive ORDERS.-The fohorms
orders have been placed with the Amenc sx
Locomotive Company: Rutland ksim .'rss.
two consolidation freight locoiio ~ ~
PENNSYLVANIA lines West. one sx.wnt,
switch locomotive for use on the Clhcnns -
Lebanon & Northern: Steel Comgany. ,, y
Canada Ltd. one four-wheel SADDLE pSssI.
locomotive and Florida East Coast ns'
road live Pacific type locomotives.
| LONG ISLAND KA1LROAD.-At tn 49, =.
nual meeting Of the Long Island na.n~
Company the retiring directors were
elected.