New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-11
American Writing Paper.

the rights value.
American Writing Paper.
Earnings Of tho American Writing Paper
Company So far during 1912 have @hoUl
no special Improvement. out the preferred
stock has had an advance and there arc
rumur- Of reorganization. Tho control is
now held by New York interests, which
seem 10 have planned some developing
work along publicity lines. and il is re-
ported that there have been some interior
changes beneficial to the organize lion.
Industrial Prosperity.
From the Lower Monongahela and Turtle
Creek valleys information al TO the prosper
ity among The industrial plants * coming
i'm. An increase in the payroll which
shows the largest amount 10 bc dstribut-
ID this week of any time since 1907, viii
mako this the banner year i'm the steel in
dustry ia that district.
The payroll for this week stands I'd
car Thomson Works. $1,000. Nesting.
nous" Electric Manufacturing COMPANY.
more than $4,000, and the Westinghouse
MACHINERY Company. East Pittsburgh: the
Pittsburgh Meter Works. tho Nesting
house Air Brake plant al Wilmordine and
the Westinghouse foundry at Tranord
about $4,000 All tho plants arc report
ed 10 he running on full time anG orders
on hand arc sufficient 10 keep the shops
busy for several months.
Western Maryland.
The report Of the Western Mlryland Rail
way in tho first week in May showed a sat
sfactory volume Of business, with a Slight
increase Of gross revenues over the sam"
week Of 1911 April gross also displayed an
increase. while March. owing 10 bad
weather conditions along the lire travers-
ing mountain districts, was about an even
break with March last year. For nine
months TO March 81 this year, tic osU-
mated Fixed charges and rentals based on
last years figures. and including three
months interest on $s,o0o,Coo per cent
notes, sold January J. 1917. were sl62O.0D0
while income available. was 100000 This
shows a surplus of H2o"oo for per cont
dividends on 100000 preferred stock.
Steel Earnings.
II is time for estimates 10 De- made on
the earnings for the second quarter Of tho
United states Steel Corporation Tho re-
norris from various sources indicate that the
earnings will be considerably Increased over
the last quarter: that tho figure Of the
second quarter will be s23.OJo.C0O net. approx
imateIy 100000 above the present quar-
fer. The opinion seems to be that earnings
for April and May will run about the same
a. for March but that June will reflect the
increased prices and make the average
correspondingly higher. 1T Is also hgured
that earnings for orc property VIII be
larger. which viii also help 10 increase
the amount.
Western Conditions.
ore # the strong associates and support
crs of the late John w. Gates In his career
as 2 steel and wire man Is John Lambert
Of Illinois. Mir Lambert Is in New YORK.
snd I'm speaking OF Western conditions SAID:
,rhora has been A gradual and sustained
;,1,royemont all around. 1t Is tIuc that
winter wheat has been greatly hatnas'tu -,
Which accounts for the SHARP a"NahCe III
tho pIice of that cereal but as a "hoic Nv
uroat los viii be sustained. as the gfounu
t.iu no nIoughed up and other products VIII
80 Ire placc. The result will Re that we
shall haye more f iS exceptIo oa 'V good
Sol mon I'm the West tell me that con-
ditionr have shown a great improvement
and that mill operations are Hp 20 C"paci.S.
Prices for steel are low, hul they Ia 10 anJ
ida,.erod a great deal of the lost ground; am
.,rrirCs Of the various companifs WIZ pc
,',,,rb better in the current quarter tHah III
10 Grct quarter Of the year. ,..
zoe cnIirec politics are retardlns business
49,. aytent but the country il not golnS
" 80 dogs no matter who may DE clected
President in November
The Crop Outlook.
rh, spring wheat outlook Is reported 10
s,,,or.bIc. and The Clncinnau frlce
,.,,vro,," I'm It's weekly review rays
,.e,'.,..,, u,heat crop has started favorably
-, ,,,I,st Of the great and its possiolh''es
- ,,oduc,lon represent as much IN excess
- ,ost voar's harvest as the winter gram
,anoiont .o that It is yet too early 10
'.,,,,,,o that the aggregate wheat crop 'hIs
season may NOT equ'' W
the record Of 1911 .-, -, ,ho
@. III RAILWAY Company say that ground
=. ,,of,,,, .nrepared for corn and spring graz"
49, oro green. pus~rsins are ihterierihs
80 enod,np From St Louis the gen
.,I oron outlook is given in "Ihe MoueEh
Miller as follows: .,,.oroh,o
"XVoathcr conditions are more i''o' "''0
for nlant growth and have improved crop
conditions to larger extent Una" "o'''
fore I'm the soft winter ""oa'
considerable percentage OF the soit VIZ
ain shows delayed growth, "hicn may "o'
make a stand In hard winter 'err'io''. ~
material advance IN conditions Is sehei any
reported. No field pests are CAUSING oa'''
age" e..
Five and Ten Cont Stores
A change In the character Oh cu'o n''
ines is shown in the securities OF '"e .
and 10 cent stores Of the s. D. hiesse