New-York tribune., 1912-07-13
ITEMS OF THE STREET.
Transactions for foreign account were
negligible in amount

These dividends have been declared Vir-
ginia- Carolina Chemical Company. per
cent for the earnings OF l9l1-12, the same
amount as a year ago. and payable semi
annually. III per cent on August 10 and III
per cent on February 10, 1913, Federal
sugar Refining Company. regular quarterly
III per cent on the preferred and Ia per
cent on the common, both payable July 2s :
America Glue Company, regular semi-an-
nual 4 per cent on the preferred, payable
August Buffalo Mines Company, extra 8
per cent. payable August Is; Atlantic Sate
Deposit Company. regular semi-annual per
cent, payable July Is, Canadian ConVerters
Company. per cent. payable August 10. the
first dividend since November. 1908; Bing-
hamton Light. Heat and Power Company.
regular quarterly lbs per cent on the pre-
ferred and a per cent on the common, both
payable July Is, and Sayre Electric Com
pany regular quarterly ~ per cent on the
preferred and 1 per cent on the common
both payable July i5.
The 1912 budget of the Denver Rio
Grande Railroad Company. II is announced
by Vice-President Brown, provides for gross
expenditures OF So. 100000 OF which s2,5OO,-
900 will be devoted to equipment and the
rest TO double tracking and the improve
ment OF terminal facilities. The company
has within the last week ordered sixteen
Mallet type and fourteen Mikado type loco
motives, and is about to order six more
locomotives, 700 box cars. $50 coal cars and
other equipment In relaying tracks at va
rious points this summer 10000 tons OF 30
mound steel rails will he used.
The American Sheet and Tin Plate Com
pany has advanced the price OF blue an
nealed sheets 81 a ton, making 81 40
pound Pittsburgh the minimum for No.
and heavier and 81 As for No. 10.
+. r Earle, president OF the Nipissing
Mines Company, has been elected d.
rector and member of the executive commit
tee Of the Tri-Bullion Smelling and Devel-
opng Company.
Exports OF copper for the week ended
July II were 1O,317 tons. From January l
TO July II tho exports were 1s3,S64 tons,
comparing with 17O,5s6 tons In the corrc-
spending period of last year.
A gain BY the banks OF about sl,500ooD in
cash Is Indicated by the movements OF cur
rency during the week. Receipts from the
interior were tl7229,000, and shipments to
interior points were sS,49l,000, including
50. 223 COO national bank notes forwarded for
redemption; the gain from the interior be-
ing IS, 73S,CO0 Ordinary disbursements by
. tha Gt,h A nd
ments TO that institution by the banks were
s21 33s, 900, their loss on Sub-Treasury opera
tions proper being IS, 900. The total gain
from the interior and by new gold Gl,496,-
00O was 0,234O00. Deducting the loss on
Sub-Treasury operations and the gold ex-
ports (s2, 900, ,OOO), the net gain OF the banks
for the week was $l,563,OOO.
Bradstreet's reports the exports of
grain for the week, with comparisons. fig-
ures in bushels, as follows, Wheat, -four
2.i95. .iO7, against 1893 53S last week
and 1,S01 0s3 In this week last year: from
July ! to date. 5.isS,9i5. compared with
31s,S5S In the corresponding time In 1911.
Corn. 1817e. contrasted with s3,2I2 last
week, and s9S.39l In this week year ago.
from July to date. 2O9.451. against 1,Si,iOs
for the corresponding time In 1911.
The directors OF the Southern Railway
Company at their meeting yesterday took
no action regarding the dividend on the
preferred stock.
For the first six months Of the current
calendar year the gross business OF the
General Electric Company has been at the
rate Of S7S.OO0.O00 year, a new record pace
Adding in the operations Of various COM
panies which have been absorbed since last