New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-04

~ iaii"dE issues. transactions
asgregated 10000 shares, with purchases
ana sales about equal.
These dividends have beon doc,arod.
american Can Company, regular quarter
- per cent on the preferred stock,
payable October /; Mergenthaler linotype
company. regular quarterly 2ih per cent
ana sPecial u per cent. both payable Sep
temoer 80; Guggenheim Exploration Com
pany' regular quarterly 2ls per cent pay
able october l.; .Tonopah Belmont Devel-
opment Company, dividend OF q per cent
payable October /; Liggett & Myers Com
pany, regular quarterly IL per cent on
the preferred, payable October 1; Yukon
Gold Company, regular quarterly IL per
cent, payable September So Buffalo Mines
Company. regular quarterly 5 per cent,
payable October !, and extra 3 per cent
payable November Is; South West, Penn.
Pipe Line Company. dividend OF s a
share. payable October /.
Contracts for more than 10000 tons
OF pig iron were booked by blast furnace
interests in August. The orders received
in that month were heavier than for any
month thus far this year.
The Pennsylvania Railroad system re-
ports for July total operating revenue OF
Sc, go, go an increase of 1881 ,jS2 as COM
pared with July, 1911: operating expenses
and taxes. s23.991 ,97O, increase S25S,57
and net operating revenue, SS,HS252. in
crease $l795.07 From January TO July
81 the operating revenue aggregated S9l3.-
e94 495, an increase OF Sl7.766, O9S; operating
expenses and taxes, 1851, 34,9l3, increase
SIS 03s, 3ss, and net operating revenue, ST.
9le5s2, increase S2,727,72o.
There have been stricken from the
Stock Exchange list international Har-
vester voting trust certificates for pre-
ferred and common stock and Southern
Pacific Company. Texas g. New Orleans
Railroad Company, Sabine division, first
mortgage 8 per cent bonds, due 1912.
The New York Central Lines report for
July operating revenue of s23,l79.Se6, an 10
crease OF y,4Ss.l6s over the showing for
, July of last year; operating expenses and
taxes. less net outside operations. sl7,-
| 1f2. AZ. increase tl.s5s042, and net oper-
| ating revenue t6,o56S76, a decrease OF
s3g9,S76. For the period from January !
| 10 July 81 the operating revenue was
Sl51, 739. 1874, an increase Of S9,02o.63s oper-
! ating expenses and taxes, less net out
side operations, were Sis 1l2.6N, increase
! S. OBS, 29S, and net operating revenue was
! 1873, 026520, an increase OF 2,ss5,Hl.
The September circular Of the Fourth
National Bank, In commenting upon the
demands OF the locomotive engineers for
| increased pay. which are now before the
arbitration board. says:
Although the proposed wage increase
| would mean an immediate addition OF
! only 5000 90 or 10000 10 tho annual
payroils, Il is believed that other classes
Of railroad labor would Immediately de-
mand a higher wage. with the result that
the ultimate burden would probably rep
resent an increase of from &OOoUO 70
| $50 OJO. 900 year for the railroads OF the
United States TO finance.
The operating revenue OF the Rock Isl
and lines for July was s., ~ $50, an In
crease Of s647,f25 over the figures for the
same month OF 1911: operating expenses
were a.ll, 551, increase SlSS,slS, and net
operating revenue was sl,5I6,5l, increase
s{7S, al. Total operating income Tor the
month was tl,3ls,jT, an Increase Oh We
FQ2