New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-31

sales.
Dividends have been declssed as follows:
Wells Fargo Express Company, regular semi
annual OF per cent, payable Januafy ~ ="
Monongabes Traction Company Of West viz
ginia, initial OF per cent on the con''"'"
stock.
regular quarterly of ! y per cent on the pre-.
ferred stock, payable January 10. BOOKS close
Januay 1 and reopen January 10
United States Safe Deposit Company Semi
annual OF 81 per cent for the six months ended
December 81 1912
The Missouri Pacific Railway Company
reported for November gross operating
revenue Of $. 157, an increase OF sep,s@
over November year ago. Operating
expenses were s3s3.1s9 in excess of what
they were last year, so that the net op-
Grating earnings for the month amounted
10 81, 1901. an increase of s23I,6s3.
A seat on the Philadelphia Stock Ex-
change has been sold TO G. S. Carrigan
for $500
The annual meeting OF the Colonial OH
Company will be held at the Corporation
Trust Company. Jersey City, on January
IA. Stockholders of record December ~
are entitled to vote.
Walter C. Mcclure, W Strother Jones,
jr.. Latham r. Reed and Henry A. Rud-
kin have formed a copartnership. under
the firm name of Mcclure. Jones & Reed
to do a general investment and brokerage
business In stocks and bonds with offices
at No II Broadway Mr.. Jones and MI
Mcclure were formerly members OF East
man, Dillon & Co., who have admitted
Robert G. Mayer to partnership
Nicholas Biddle has been elected d.
rector OF the United States Safe Deposit
Company.
The Erie Railroad Company, with gross
earnings for November of s5,4f,ll Wit
messed an increase OF s541,S5l OF the NO
vember gross, however, $,N9,54O was con-
sumed in operating expenses ana taxes
so that the net for the month. amounting
TO s1.Ss7577. showed an increase of only
s24.232. From July to November 81 gross
earnings totalled s27.794,liS and net $3.50
81 The former is an increase OF s-'@p''l'
Canadian Paciic's November gross earn
ings aggregated sl2,362,66e an Increase oil
81. 7sf .s71. Net profits were A,25S.lSs.
gain of s27o772 From July TO November
! the road carr ed gross OF SOL, 3o6,sl2 and
net Of 81, 1875 432. The former is an IN
crease of ss,Ss5,ilS, and the latter Oh w.
370.9l5.
For the first Ave months Of the current
year the Minneapolis & -. Louis KAN
road Company reports gross earnings
from operations Of 1870 7ie an increase
of sS7e. 100. The surplus net revenue Tor
these five months after payment OF inter-
&c, taxes and all charges, amounted to
1858 90
The volume Of bank exchanges in the
Northwest. a fair index Of the activity ot
general business, IL showing q large IN
crease Th. total exchanges Of the clear
ing houses oil Minneapolis and St Paui
for November. exceeded 600. ALI ~
crease of from 20 to - per cent over last
wear. while I'm this city gains of only ? per
cent and Y per cent are shown.
The total receipts of the Reading Rail-
way Company for the month OF NoVem-
her were 81. 47s.305. an increase OF So0o.'oo.
The expenses. including renewals, ETC.
a amounted to S2575.2s2. leaving net earn
ings OF 81. sO4. O23, a gain of s3s,5O5. lnciud-
inc the earnings Of the Reading ooai
and Iron Company. amounting to So54'"s'
and the net income OF the Reading COM
pany. totaling Sl7o,l52, the net earnings
OF all the Reading properties were G''Vs'-
ESQ an Increase OF s5s2,sSs. The months
surplus after charges amounted to $3.50
$50. a gain OF sj0,sc4.