New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-02

The following dividends have been de-
clared: Pennsylvania Railroad Company,
regular quarterly, Ia per cent; Southern
Pipe Line Company. s. a share, payable
August 81 Chicago, Milwaukee g. 81.
Paul Railway. regular seml-annual pa
per cent on the common, payable Sep
TENDER 3, also 8 &c per cent on the pre-
ferred, payable September 5. Pure oil
Company. regular quarterly 2R per cent,
and an extra OF 2i3 per cent, payable Sep
tember l. ST Louis, Rocky Mountain e
Pacific Company. regular quarterly, Il.
per cent on the preferred. payable Au-
gust 81.
The following stocks sell ex-dividend
to-day Chicago Railways. participating
certificates Chicago. ST. Paul, Minneap-
oils & Omaha. common and preferred;
Peoples Gas Light and Coke Virginia
Carolina Chemical common
The Erie Railroad has been authorized
by the Public Service Commission to Issue
50 90 GOLD equipment trust obligations.
The equipment in question includes >
suburban passenger coaches. Il combira-
ton passenger and baggage cars 300 Az
tomobile cars, 800 coke cars and 80 MI
kado type freight locomotives.
BENJAMIN Briscoe. president OF the
United States Motor Company. has eft
town for o short business tour through
the Middle West.
The following equipment orders have
been reported: Canadian Pacific. % 10
wi eel locomotives from the Montreal 10
comotlve Works; Lehigh Valley. loco
motives from the Baldwin Locomotive
Works: Walsh-Kohl Construction Com
pany. 3 switching engines from the Bal
timore Works.
Advjces received here from Ottawa state
that the Canadian Car and Foundry Com
pany Of Fort william has begun opera
tions on the construction OF its new car
plant there.
The special meeting OF the stockholders
Of the Porto Rican Tobacco Company
70 consider the proposed increase of cap
! ital stock from g 900 Go0 10 10000 mas
been postponed owing 10 lack OF
quorum.
The following companies are reported
| to be adding to their plants: The Inland
Steel Company will erect sixty-five mod
ern by-product coke ovens, close by its
Indiana Harbor plant; the Baltimore &
| Ohio Railroad has awarded contract Tor
the construction OF an outbound freight
house, costing about 10000; the Pere
Marquette Railroad hae let contract
for a ls-stall roundhouso, 10 be built at
Ludington, Mich; also, q G-stall round
house at Port Huron, Mich; tho Grand
TRUNK Railroad plans 10 construct ne"
sta,ion nj Richmond, quebec; tho GEN
eraI Chemical is having fifteen buildings
erected for its proposed WORKS near
Chester. Penn, the cost OF which - esu-
mated at 10000.
The monthly statement OF the Copper
Producers Association, which VIII be
made public on the Sth inst, is expected
to indicate a. favorable showing. Copper
exports for the month Of July amounted
to @,B1 tons, compared with 1855 tons
in July last year.
At the final closing OF the meeting OF
York Stock Exchange yesterday, Secrc-
tary Ely announced that no action had
been assumed on the application or Hugh
F.. Criss. whose firm, Roberts, Hall
Crisis, discontinued business on Januai
20. 1910, for reinstatement
Theodore Price retired from active Ia"
practice Yesterday TO become & member
~ the Arm OF l. NJ. Price & CO., mem
hsra ~ the New York Stock Exchange IL
vas given out that Mr. Price will be an
ac,ive member Of the firm.
The inauguration OF the $3.50 CLOCK
onsning on the Consolidated Stock TX
change and the expectation OF Improved
trading conditions In the market during
August have attracted back to town d
number OF the prominent operators on the
consolidated Exchange who have peen
away on summer vacations. Aaron 90
Cordova, who has been at Cape Vincent
FOR several weeks. was on the moor oi
the exchange yesterday. Others VINO nave
rcturned in the last few days are DAVID
Z. Levey, II. NJ. Lonsstreet e. II. !. Mar
tin. H. G. Sellgson, c. r. west ana
Adams c. Sumner