New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-23

FOREIGN TRADING.-Transact for
foreign account in the local stock market
were hght IN volume. amounting to only o
re" thousand shares, about evenly divided
between sales AND purchases.
LAWYERS MORTGAGE COMPANY
S SI,CH OFFERlNG.-Wat & Press
prlch. of No. Sc Nassau street, are Offering
Ille taX-eXempt stock of the Lawyers Mort
gage Company at price TO net about 81.
per cent. The Lawyers Mortgage Company
business for the last seventeen years, maxi
ing loans on the highest grade improved
real estate in the boroughs Of Manhattan,
brooklyn and The Bronx of greater New
York and selling guaranteed mortgages on
such property 10 savings banks, trustees,
INDIVIDUALS. insurance companies and trust
companies. The COmpany's business has
more than quadrupled in the last eight
years. and It's accumulated surplus and un-
divided profits on January ! last amounted
to SELFISH SO. Dividends al the rate of
i per cent year are paid on the stock
ard in addition to this dividend the com
pany gives Ia its stockholders from time
TO time rights" to subscribe for new stock.
the value Of these rights" largely increas-
Ing the income on the investment
STREET RAILWAY EARNINGs-The
total gross earnings Of the street railway
Companies operating in the city of New
York for the quarter ended December II.
1871 were so, sos, 6S3, an Increase of Sl,lD,i6s
over previous year; net earnings after eN-
penses amounted 10 Sl0,2o5,977, an increase
of 1921 $50. and surplus earnings after de-
Quoting interest, rents, etc, paid were 3d.
0SG.933 an increase Of A33,i29 Revenue car
miles tOtalled Tl27,S0l, an increase OF 45is,-
94. Current generated by all companies
amounted to 2Ss BE- 2S k. W. hrs, of which
$40 k. W. hrs was generated by inter-
borough Rapid Transit Company.
EQUIPMENT ORDERS In the last few
days the American Locomotive Company
has taken orders for fourteen locomotives
for shipment 10 Brazil. an order FOR elgnt
engines coming from the Central Railway
OF Brazil and one for six from the Bahla
Minas. The Kingon Refrigerating Com
pany has bought 30 refrigerator cars from
the American Car and Foundry Company.
The Seaboard Air Line is in the market
for twenty-six locomotives and 1,2m freight
cars. twenty-five cabooses and thirty pas
senger cars. The Barrett Manufacturing
Company will shortly place orders Tor from
fifty to seventy-five tank cars.
APPLICATION TO LIST.-Applcation
has been made To the Stock Exchange 10
list the following securities: The Bollvla
Railway Company f1Os2 200 additional hrst
mortgage bonds. due 1927. Sl5tli,UO per
cent dehenture bonds Of the Illinois Steel
Company, due l9i0 and 10000 additional
capital stock Of the National Surety COM
panY.
SUR TREASURY TRANSFERS. - The
Suh-Treasury transferred 100000 10 san
rrorrisco aud 500 200 to New orleans yes
to-day for the account Of local banks max
ing on the current movement tranSieopna9 OF
e. $50 900 TO San Francisco and N,5oo'V" 70
New Orleans
BETHLEHEM STEEL -ADEANCES
PRICES.-The Bethlehem steel corpora,
ton. following the acton OF th9 Cii'e e.
states Steel Corporation. and Jones -
Taughlin. have advanced the price OF
Structural steel from 81 % to 81 . on one
hundred-pound basis.
MARKET MOvEMENTS.-Hornhlower &
Weeks have issued a circular OF I unna
mental conditions as affecting marKel
,aoHegnents This circular covers the po-
liticsi, commercial money railroad laoof
and stock market situations.
DIVIDENDS DECLARED. Diyidenus
have been declared as follows: Inc noI ,,s
zun1a Lead Company, regular semi -dHI ~, !,
a. nor cent on the preferred. payable May
and the Mexican Petroleum CoInp an, ,
quarterly / per cent on the common pay
able Nav 81