New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-09-06
ITEMS OF THE STREET.


Transactions for foreign account in this
market were about 1900 shares, mainly
purchases, with the principal dealings IN
steel common and Amalgamated Copper.
Dividends have been declared AS fol-
lows. The Lanston Monotype Machine
Company, regular quarterly IL per cent,
payable September 60. the Norfolk X
Western Railway Company. regular quar-
terly ] per cent on the preferred. payable
November IS. the National Surety Com
pany. regular quarterly per cent, pay
able October /; the Manila Electric Rail
road and Lighting Corporation. regular
quarterly IL per cent payable October I,
and the Borden Condensed MIX Company,
regular quarterly ~ per cent on the pre-
ferred, payable September A.
The Stock Exchange membership Of the
late George Darr has been posted for
transfer 10 David J. Gould.
There has been deposited with the Sub
Treasury 500 no for Geographic transfer
10 New Orleans.
The Associated Merchants Company re-
ports for the six months ended August ]
not income Of s532.3o6: and a balance Of
$3.50 after payment OF dividends on the
first and second preferred and common
stocks The present extra dividend ac-
count Is s593, $50, and the surplus, eXcld-
sivc OF that account is sl,6s6,42S The
United Dry Goods Companies reports for
the SIX months ended July ! last net
income OF Slco2. 9lo. and after payment Of
dividends balance OF As,eo9. bringing
the surplus TO 81. 26o,s2i
y. D. Maher. second vlce-president and
general manager Of the Norfolk & West
crn Railway COMPANY has been elected
director Of the company. TO I'LL the Va
cancy caused by the death Of Henry Fink.
The Jones & Laughlin steel Company
and the Phillips Sheet and Tin Plate
Company have advanced their price Tor
tin plate g a ton, tho new quotation being
50 co 100 pounds. Iron bars arc Officially
quoted at 81 - q 100 pounds at Pittsburgh.
an advance OF 81 ton over the price rul-
ing a week ago.
r. H. Howell. Son & Co. have advanced
their list price for refined sugar 10 points.
10 so cents a pound although continuing
10 take business on the former basis OF
SO cents.
Application has been made 20 the New
York Stock Exchange TO list 100000
thirty-year first mortgage per cent
bonds OF the Southern Bell Telephone
Company and 81 10000 3 per cent ten
twenty-year mortgage bonds OF the Mort
gage Bond Company OF New York
Stockholders OF the International Nickel
Company at a special meeting yesterday
ratified the proposal for consolidation
with the Colonial Nickel Company The
consolidated corporation, which viii he
known as the International Nickel Com
pany. will have an authorized capital or
100000 per cent non-cumulauve pre-
ferred stock and 100000 common stock.
Tho uroposed increase Of the authorized
capitaI stock OF tho United Fruit Com
many from s3j,o0oDDO TO 100000 with
the object of allowing the Issuance OF
s. 10000 new stock, Was approved yestcr-
day by the stockholders.
The Norfolk & Western Railway Com
pany, in a statement 10 the New YORK
Stock Exchange, covering the fiscal year
ended Jupe 30 last. reports operating rev
enue OF 49, 7S5. 237. an increase OF HiHdo
over the figures Of the preceding year.
expenses IS, $50. $50. increase &2,7ll'iO' and
net operating revenue 3li,06j,0I. Deduct
ing taxes 81 $4,000, and adding other
income" of 81, Oi9 7ss, the total income WAS
$40. 7O5. 5s5. Fixed charges amounted TO
81. 2l5. 800 and dividends 10 S.6Ssl0. and
the final surplus for the year was SIss'-
7Ol No appropriations were made for I'M
provements and betterments. for which
s.. 56, 100 was appropriated in the preced-
ing fiscal wear