New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-10
BRIEF NOTES OF FINANCE.
psrauraphS OF Current Interest
for the Investor,

rhop suey is getting more popular with
-. white devils. The value Of the exports
:, sova beans from China is estimated at
.hopt 100000 Part Of this enormous OK
,ortation OF soya bean crop comes to the
Irri,ed States. and from this bean is made
ne sauce which gives the flavor TO the
chopped chicken or veal which forms the
basis Of chop sUey. Are we helping the
yellow peril
Crop Percentage.
The cotton acreage Of Missouri this year
=. only 10000 bales. or 70 per cent Of last
years acreage. and the condition was 81
psr cent normal on July / The tobacco
acreage Of 96.4 per cent shows only a slight
falling off The fast growing tendency TO
raise fodder crops like that Of the cow
psa. IS seen in the vast acreage Of this
plant which was grown, amounting to HOS
psr cert last year.
Steel Shipments,
scoording 10 the estimate of the Steel
CORPORATION, $4,000 tons Of finished steel
we're shipped during the second quarter,
thus making total of 5000 900 tons for the
first half Of 1872 For the first six months
the corporation rolled S 900 tons Of ingots
and produced 1850, 900 tons of pig iron.
Standard Gas Earnings,
On June Il the Standard Gas Light Com
rany reduced the dividend on it's com
mon stock from the rate Of per cent per
ennun, 70 per cent per annum, although
g. paid it's usual per cent dividend on its
preferred stock This company, according
20 ofacial statement, is earning only about
ON .
value Of its property which IS equal TO
rer cent upon It's preferred stock ana per
cent upon tts common stock.
Rubber at Chicago.
The rssiliency OF Chicago is best aPprel-
eted by the rubber interests. The ChAteu
States Rubber Company is said 10 be erect
ing another large tire plant in Chicago; IN
fact. il will be one Of the largest IN the
Country OF course. New York still holds
the blue ribbon for "rubbernecks, 50 Chi
oago will have to 90 some
. Increased Car Loadinss.
n is reported that the car loadings Of
NORTHERN Pacific for June have Increased
about 900 cars over June Of last year,
i Miscellaneous freisht, II is said, accounted
mostly for the decided increase. The aver
age haul increase and shipments. OF cut
timber are showing signs Of refreshment.
The grain tonnage, however, was slightly
less. due chiefly 10 the fact that most Of
the grain has been moved out Of the coun-
try There have been bountful ra!nfalls
IN The country in which the company's
territory lies, and the outlook in that part
west OF the Yellowstone is particularly
fine The general prospects all round
seem 70 be excellent.
Official Description.
u IS sad that the officers Of the Tennes-
SEE Copper Company simply refer to the 81
disbursement 70 its shareholders as "a divt-
de.d. i is not 70 be considered as semi
snnua! quarterly or other fixed period rate,
merely representing the amount that the
earnings Justify the stockholders recelv-
ing az the present time. In January last
$50 was levied fer the year 1911 and the
same sum for 1910 II Is estimated that
Tennessee Copper is making about s per
snnurn Ger share on the present price Of
copoer and II the copper market approx
rnately holds Us own the stockholders Will
rrobably receive further dividends before
the close CT the present year. The Ques-
ton OF placing Tennessee on 81 quarterly
basis has been discussed, but Judging from
the way IN which the last dividend was
unanimously declared II is quite evident
tbat the directors are not ready 70 COM
NIT the COMPANY 70 a quarterly dividend