New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-24
ITEMS Of WALL STREET

/ ing SeiItT 10 tlle eAt'H' VI " ~
shares.
| Dividends have been declared as fol-
lows:
LAX. shore & Michigan southern Railway
: usual semi-annual OF per cent, psys9'e 'N"'
! Carthage. Watertown Sackeus Harbor
/ Railroad Company, usual semi anhut on =,
( pr cent. payable December 81 to holders Oh
ArIinston Mills. regular semi annual Of reI
cent payable January I TO stock OF reco''
dwight Dwight Manufacturing Company: regular
semi-annual Of $50 share, payable JSnu.I! =,
Books closed December II and VIII 'eop'"
indiana Pip. Line Company. usual guar.
! terly OF 81 a share parable February 10 10
| stock Of record January 70; c.r,,srv ,.s,lar
! quarterly OF per cent on the common ana y
! per cent on the preferred stock. payas,pie 'an'
| ary IL 10 stock OF record December 81.
! ~ 5 per cent on the common stock payanle
| Yesterday. This makes the distriouuon lot '"e
fin,teS State ind1striai Alcohol Company.
| quarterly OF "a, per cent on preferred, payable
I January Is TO stock Of record January :.
Cleveland Union stock Yards Company reg
MAR quarterly OF per cent and an extra diFl-
Gcnd OF 3 per cent. both payable January j..
German-American savings BANK OF cretG
land. Ohio. semi-annual Of 6 per cent payanIe
January !. placing the stock on II per cent
per annuni basis.
Net earnings OF the American Can Com
pany for the eleven months ended No
vember 90 are said to have amounted TO
more than $4,000, which. before depre-
citation charges. Is equal TO more than IS
per cent on the companys outstanding
preferred stock.
A charter has been issued 10 the North
western National Bank. of Portland. Ore.
with a capital of $4,000 This institution
is a partial successor TO the old Portland
Trust Company, and has Edgar II. Sem
senich as president.
The Baltimore & Ohio Railroad Com
pany showed gross earnings for Noveni-
Der amounting to $S.0io,35l. an increase OF
81. 457.616 over the same month year ago.
Operating expenses were kept fairly well
in hand. SO that the company's net op-
Grating revenue was &272l,42S q gain Of
s494054. Up to the end OF November the
Baltimore g. Ohio had earned from OPP
erations, exclusive Of outside operations,
a net OF s13. 6e9.749 which is s930,SJS IN ex-
cess Of the amount earned in 1911.
The annual meeting Of stockholders OF
the Standard Oil Company Of Nebraska
will be held on January at Omaha.
Stockholders Of record December % Will
be entitled to vote.
The New York Stock Exchange has
ruled that Great Northern preferred stock
snail sell eX rights to-day.
III. mi.
American Cigar COMPANY which took
over majority Of the assets of the
American Stoge Company. "a former sub
sidiary of the American Tobacco Com
pany. Will he held in Pittsburgh on jan
uary g. At this meeting the proposed new
bylaws approved by the directors will be
submitted TO stockholders for final action.
A motion will also be made for the ad-
journment Of the meeting until February
10 to allow preparation Of the annual re-
port for the fiscal year ending Decem-
Der 81.
Daniel @ Reid returned 10 his Office IN
the Bankers Trust Company building
yesterday after two weeks vacation IN
the Southwest.
Germany obtained i4cruD Of the tioO.co
South African gold available in the Lon
don market YESTERDAY The remainder
will not he disposed Of until after the
Christmas holidays
The Lusitania. which arrived on Satur-
day. brought $4,000 gold consigned To
Heidelbach. Ickelheimer d Co
SHARED oiders OF the Peerless Motor Car
Company have authorized the proposed
increase in capitalization from 100000
10 100000. Present holders will receive
a 20 per cent stock dividend and may eX-
change half of their enlarged holdings
for an equal amount OF preferred stock.
TO provide additional room on account
of increased business the United states
Mortgage and Trust Company has leased
No. A. Cedar street adjoining the COM
pany's main office.
Joseph Ramsey, jr.. until recently presi-
dent of the Ann Arbor Railroad Company,
has returned to Toledo where his head
quarters will he hereafter.
Pittsburgh advIces state that the Re-
public Iron and Steel Company has pur-
chased a new iron ore mine near Iron
River, Mich. which will be developed AT
once. 4 driller contract has been award
ed, and drill holes are down In the prop
crty. some to the depth Of 100 feet
William A. Read & Co. are offering, 10
net about So per cent, Wheeling Electric
Company first mortgage per cent gold
bonds, due 1871. The bonds are secured
by first mortgage on all the property
Of the company. The company Ia doing
the entire commercial electric Hight and
power business in Wheeling, W. Va.
Philip ID. Dodge, president Of the Mer-
genthaler Linotype Company, has re-
ceived an offer of the presidency OF the
International Paper Company II Is IN
derstood that the matter will come up for
consideration at the meeting Of the board
Of directors this week.
PACIFIC CASE GOES OVER