New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-10
BRIEF NOTES OF FINANCE
Paragraphs of Current Interest
for the Investor.

IOI wv
long as brokers' can speculate on
strategy. the uncertainty Of politics
rhother banking loans will be called
coz they will not do much in the stock
market. Maybe.
The Early Signs.
o,o If the signs Of general coming car
,r,aqe is shown in Western reports,
lr1ob state that orders are being cur
'.nod nv the Universal Portland Cement
'"-.,~onv owing to car shortage. At the
-. steel mills there is car trouble. but
- had as with the cement company
p,,incton, which is now three weeks
hind with orders.
Auoust Anthracite Shipments.
s,i,ments of anthracite in August
united to 6.576.59l tons, an increase
' ',nr August, 1911, of i,Oi47s5 tons This is
.ho largest tonnage on record for the
nth month of the year by pa tons.
Tsn philadelphia & Reading Railway
= The largest shipper O,2S6.65l tons. the
high Valley was second u,26l,S1i tons)
- the Iackawanna was third co.'s, 7Si
Us, The tonnages Of the other roads
,rare as follows: Central Railroad OF
Iow Jersey 9Ol, SO; Erie. 1880; Delaware
q Hudson, 500 100: Pennsylvania, 525,7S2
ors New York, Ontario & Western, al, 10.
Tba great increase in last months ton
roge as compared with August in pre-
yious years, is due TO the full time OPP
Grafton Of the mines this summer TO make
-, for loss In production during the sus-
o.rsion Of work In April and May.
Swiss Railway Traffic.
Consular reports show that in Switzer-
land railway traffic is usually a fair ba-
,or,eter OF the commercial and industrial
conditions prevailing in Switzerland, and
the activity in the transportation business
during the last year corresponds 10 the
General prosperity shown In other impor-
tant industries OF the Confederation.
The receipts OF the federal railways for
1911 were as follows: Passenger traftic,
ssool 500: freight traffic, SCI, 2S3, sss; other
r.ceipts. Sl.45S.s26, a total OF s57, 4,soi.
Expenditures were t22,es4,762, making
balance IN favor of the government CT
nSosoOi9.
There are employed on Swiss railways
coo persons, 80 100 Of whom are with the
federal lines and $500 on private roads.
This does not include the tramways or
funiculars, the majority of which are
owned by municipalities or cantons.
French Banking Loans.
Nance has been bringing out new cap
i,al this wear at a much heavier rate OF
increase than during 1901, and French
bankers are making loans TO Bulgaria
and may take UP propositions from Ser
via, Turkey and Italy. all of whom are
in the market for money.
Rumored Stock Dividend.
d. Anrlo-Amcrican OIL during last week
oxperienced revival of activity and
strength. This was due, IL is said, TO re-
ported prospects OF a stock dividend IN
tho shape Of an increase in the capital
ization from 100000 10 100000 at the
meeting of the directors TO be held the
latter part of this month for the purpose
Of the quarterly dividend declaration
which. it is expected. will be at the rate
declared for the previous two quarters
namely. o. or an equivalent Of 10 per
W - Clay Working Industry.
The clay-working industries or the
United states had in 1911 a production
valued at SIG. 235.lS, according 10 the
United States Geological Survey, which
has Just issued a chart, showing the total
output, by states, Of all the different clay
products. The tota! production OF COM
mon brick was si75,277,OJ0. value at 49,
$50. OF thus. New York contributed
The largest amount, namely. 1,l43, 5000,
valued al S5lS2s5 Illinois was second In
output. with l,O7i,fS60O0. but the product
had the greater value OF 55,i2s,9u. No
other state reached the billion marx,
Pennsylvania coming third with 74,l22,p
bricks. The chart gives the figures of
production for other kinds OF brick-vitri-
fed brick. front brick, fire brick, etc, az
well as for terra Gotta, drain tile, sewer
pipe, stock lining and pottery products.
The production OF all kinds OF bricks was
more than ten billions.
In total production Of clay products
Ohio heads the list, with value Of 49,
63S6, or one-ffth OF the total for the
United States Pennsylvania is second,
with S20e7o,093; New Jersey third, with
NSiIS22s, and Illinois fourth, with Sl4,-
S3,Nl
Steel Orders Increasing.
The week has begun with heavy orders
Tor steel products; IN fact, there is no sign
ot lesening OF activity, and prices are
advancing, Many mills could turn out
more work, but they are limited owing 10
lack Of labor However there is to-