New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27

| On account Of the holiday on the Lon
don Stock Exchange there was no trading
for foreign account in the local market
yesterday.
! Dividends have been declared as follows:
Bush Terminal Company. per cent on the
! preferred stock, payable January 10 STOCK
I OF record December 81. and per cent on the
| common payable January 10 70 stock or rec
| ord December 81.
Fourth National Bank, regular quarterly OF
. per cent. payable January .. Books closed
| yesterday and reopen January ..
! Merchants National Bank. semi-annual OF
! 4 per cent. payable January to stock OF rec
! ord December 20. This is an increase from
| the previous semi-annual rate OF ga per cent
! Delaware. Lackawanna & Western Railroad
company, regular quarterly OF ~ per CEN.
/ payable January 90. Books close January
| and reopen January 10
! Great Northern Railway Company, regular
/ quarterly Of ia per cent. PAYABLE FEBRUARY
/ 10 stock Of record February |.
| SIS $50 600 common stock payable December
| 81 20 stock of record December %.
Delaware. Lackawanna & Western Cosi
| Company, regular quart erly OF ~ per cent,
payable January II TO stock OF record Deem
| Der 81
Manufacturers Light and Heat Company,
quarterly Of II per cont payable January u.
the o'' previous ' declaration in september and
! places the stock on a per cent basis.
Stark Electric Railroad Company OF C1eve-
| land, regular quarterly OF 2 per cent, payabe
January l.
burgh, regular quarterly Of 2i1 per cent. pay.
able January II. Books close December 81
and reopen January 10
Boston Suburban Electric Companies, regu-
lar CVarterly OF 81 on the preferred stock. pay
able January - TO stock OF record January 2
Pennsylvania Lighting Company. regular
stock, payable January Is TO holders OF rec
ord January /.
El Tsso Electric Company usual semi-an-
nual Of 81 a share on the preferred stock pay
able January - to holders OF record Janu-
arv T.
The office OF vice president Of traffic OF
the Western Maryland Railway Company.
10 be vacated by John r Hendricks on
January I. Will be abolished after that
date The place will be filed by the APP
pointment Of a general traffic manager.
effective January /. T. j. Smiley will be
appointed freight traffic manager and the
place Of general freight agent at Balu-
more will be abolished
At the annual meeting Of the American
Coal Company. John II. Barrett was
elected a director 10 fill a vacancy. Other
directors were reelected.
Frederick Lewissohn has been elected
member OF the New York Stock EI-
change.
The New York Stock Exchange has adj
mltted TO list the following securities:
Irving National Bank OF New York, 81.
10000 capital stock; General Chemical
Company. $4,000 additional per cent
,1ott "a utO clr nd ad-
ditional common stock: Pettibone. Multi
ken Company sl.3lO.Jo first preferred
stock and $1,03s.2o0 common stock. with
authority TO add $4,000 additional first
preferred and $5961 500 additional common
stock Sierra e San Francisco Power
Company, $4,000 first mortgage per
cent forty-year bonds, due 1919. VI. Rune
~ Company, $4,000 additional common
stock.
w r. Thompson. assistant chief engi-
neer Of the properties managed by ". NJ
Byllesby &, Co., has been appointed man
ager OF engineering and construction for
the Byllesby properties. effective Jan
uary /.
Charles NJ. schweppe. representative OF
Lee. Higginson & Co. I'm Chicago. Will be
admitted to partnership on January l.
A handsome illuminated testimonial in
the form OF n round robin" has been pre-
sented to John w. Plattcn. president OF
the United States Mortgage and Trust
Company. The tribute was signed by all
the officers and employees Of the com
pany.
The time for which the deposit Of securi-
ties OF the Toledo Railways & Light
Company may be made with the New
York Trust Company has been extended
10 January I. Up to the present about 70
per cent Of the stock and s. per cent OF
the bonds have been deposited. The ex-
tension Of time Is made at the request Of
number OF security holders who say
they have not received notice Of the plan
of reorganization calling for the deposit
OF tteir holdings.
Philadelphia advices say that the Penn
sylvania Railroad Company has put out
an issue Of short time notes. II is said
that not loss IMAM AJ.VplV' OF Nol'H, run
ming from six months 10 year. have
been sold. or are about TO be sold. 10 a
syndicate headed by Kuhn Loeb e. co.
on So per cent basis.
The November earnings OF the Atchison.
Topeka e. Santa Fe Railway system.
which were published Yesterday, pre-
scented a continuation OF the remarkably
good showing OF the previous month.
Gross showed an increase OF $3.50. 465, while
net after taxes aggregated 1928. i3e.
gain Of 1927 ,524. With the addition OF the
November earnings the FIVE months net
after taxes was sl5,977,41S, a gain OF $2,1S9-
2S4
The Chicago & Northwestern Railway
Company for November reported gross
revenues. including all other receipts, of
s., S35. 1O4, and net after all charges
amounted to sj,962,9l7. The former is an
increase OF s9l0,oS6 and the latter OF $780,
7S7 over the same month OF 1911. Net in
come for the five months ended with No
vember 90 was $so55.5sl an increase of
81 ,1lo.557.
Gross operating revenues OF the South
ern Railway Company for November
amounted to $,oi4,lf, a gain of ss176s2
Operating expenses, however. consumed
A15s, us OF this amount. so that net earn
ings after taxes came TO s1,69l, 100. an IN