New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-24
The Rice Outlook.

statement by s. Locke BreauX, Of New
Orleans chairman Of the committee OF the
! New Orleans Board of Trade and who If
! recognized as an authority on rice stats
tics and conditions, gives an idea Of the
! food damage to the rice fields OF Iouisi-
! ana:
Il regard this food as one OF the great
! est blows the river rice industry has had
! in years" said Mr.. Breaux THE flood
has practically destroyed the river rice
| crop except in places where there were
/ ridges and where the planters were not
! inundated I do not think that those who
| were flooded will be able to replant' eX-
| cept I'm most limited area, where the
! drainage Is exceptionally good or Inc
! lands were not overlooked TO any great
extent. BY the river rice crop mean
/ that which is grown along Bayou Ieche
and Bayou Lafourche, and in the river
| marshes, from the mouth OK the Mlssls-
| slppi River TO the Arkansas line. In lsll'
which was not bumper crop year the
| Weld from these parishes was about 9p'-
noo sacks. l estimate 1t will not be more
| than 100000 sacks this year. believe
that the loss by the flood will figure be-
tween 10000 and 10000 sacks. / am in
formed by my men that the lands on
/ the east bank OF the Teche VIII be IN
undated. so that the rice crop there PROB
ably will be destroyed also, except IN
few instances where the lands are above
the food line"
Interest Disbursements.
| Total dividend and interest disbursements
for June are estimated by DOW Jones n
10 20 amount to ss9. 10. Se9 of which ST.
3s4. 49I will go TO bondholders ana Ai65''-
OK 70 stockholders. Last year for the same
month disbursements aggregated Sf'"o'""'
making an increase for June, 1872 OF over
$4,000
More than half the interest payments Will
he from railroads, estimated as follows;
! Railroads. s32154,O42; industrials and mis-
cellaneous. s9,O7S69S; street and electric
railways. s6.279171. state and city bonds eN-
elusive Of New York city, %,oo26So' Ne"
York City alone. $1,000. and United states
Government bonds. $4,000. These est
mates are based on sl,4S.i97Ss railroad
bonds. 1919, 800 industriaIs and miscella-
neous bonds, 1853. 2Z7,oi7 street and electric
railway bonds, and tlSS.779,Soo state and
CITY bonds exclusive Of Greater New YORK
! Tho various estimates Of the dividend
navments are as follows: Railroads, $l5'-
$40 1qs: industrials and miscellaneous, W.
I, ots es7. street and electric railways, S,46l,-
7at and New York and Brooklyn banks and
trust companies. 2,29679l These hgures
! -. t,ossd on p total railroad capitalization
NJ s724.O4s. $50. for industrials and miscel-
IIaneous. 81 ,29l, 3iO972; for street and cleo
tric railways, $50, 297. $50 and for New YORK
ard Rrooklyn banks and trust companies,
$50, COL 796.
| DIvidends which Will exceed the million
| so,,a- ,,ark are: New York, New Haven d
hartford s9.4S7,562; Norfolk Western
co,,r,on. s1.0S3, 40; Atchison common, y
As2 III. STANDARD Oil Company OF Ne" Jer-
GOV 100000; United States Steel common
&c 252. ISL: Consolidated Gas, N,49,A7; Amer
,can Tobacco common, sl.0O6,06D; lnterna-
,ional Harvester preferred, N0O'Vo "a
madam Pacific common, $4,000
BeIqan Steel Agreement
An agreement is said 10 have been
.aoobod NV all the Belgian steel works for
,bo renewal of the so-called Compton des
! ,o,ar,es Relges, controlling the home and
! -, sale Of steel beams and channels
! 80 inches manufactured in Belgium
| rbe existing arrangements VIII expire on
| IuIv / and from that date TOT hVe years
.,o peleian syndlcate will include the fol-
,o,y,ng firms: In the Liege district Ougree
., Uarihaye Company at Ougree. John
Cockerili at Seraing, Acieries dAngieur
~ TuIeur and $. n. Athus- Grivegnee al
Grlveenee; in the Hainault province the
OBEDIENCE works, the Sambre ct MoselIe
works Usines Metallurgiques du Hainauit.
Tbv le Chateau works, the firm OF Boei at
la Iouyiere. and finally. the Ciapecq roii-
inc mills at Clabecq near Brussels