New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-07-19
ITEMS OF THE STREET.
Little or no business was done for for
eign account In this market


The following dividends have been de-
clared: Cambria Steel Company, regular
quarterly IA per cent. payable August
Is: Julius Kayser G Co.. regular quarter
ly IA per cent each on the first and sec
ond preferred. both payable August l.;
Mexican Petroleum Company. quarterly
per cent on the common. payable Au-
gust %: Amalgamated Copper Company,
regular quarterly | per cent. payable Au-
gust e. Pacific Bank. regular quarterly 2
per cent, payable August I; Mononga-
hela Valley Traction COMPANY regular
seml-annual 2ia per cent on the preferred,
payable August | Pacific Power and
Light Company, regular quarterly ~ per
cent on the preferred. payable August l.;
United Power and Transportation Com
pany 81 IL a Share. payable July ..
John D. Barrett, James NJ. clifford.
Philip Lehman, Edward Cornell. Noah G.
Rogers and Frederick W. White have
been elected directors Of the Columbia
Knickerbocker Trust Company
S. D. Crenshaw. secretary OF the Viz
ginla- Carolina Chemical Company. and c.
L. Borden, assistant TO the president
have been elected yice-presIdents. The
date OF the annual meeting has been
changed from the first Wednesday after
July 10 to the first Wednesday in Septem-
Der. The date OF the end OF the fiscal
year probably will soon be altered from
May 81 to June 20.
The finance committee OF the United
States Steel Corporation has made a
large appropriation for building addition
al open hearth furnaces at the Wander
grift works Of the American Sheet and
Tin Plate Company.
Henry c. Miller and Lawrence H. Hen
bricks have been elected vice-presidents
OF the National Nassau Bank. J. Christy
Bell has resigned as vIce-presiIent. Ar
thur h. Gibart has been appointed cash
Ter, In place OF W. Il. Noble, who will
assume the management of the safe de-
posit vaults
The trading profits OF the General Elec-
trio Company, of England, for the last
fiscal year were fll2, 1924. against flO7,s5S for
the preceding year. and total net profits
were fl33.54S comparing with fil9,l37 for
the preceding fiscal year. With the OBJ
ject OF providing additional working capt.
tel and funds for enlarging its factories.
the company IS Issuing at par 1900 6 per
cent preference shares OF 40 each. the
amount of authorized stock OF this class
which has not yet been issued.
The United States Steel Corporation has
received an order from Japan for 5000
tons OF steel rails and the Lackawanna
Steel Company has received an order
from the Manila Railway Company for
the same quantity OF rails. The Carnegie
Steel Company has advanced It's quota
lions for car axles 81 TO s. a ton. the new
basing price being 81 10 Pittsburgh. Cast
iron pipe prices have been raised 50 cents
a ton. the current figures being ,2e ton
for 6-inch to Finch pipe. and all quota
lions are subject to immediate accept
ance.
Stockholders OF the Brazil Railway
Company have approved the proposals for
reorganization OF the companys capital
izatian. The company is to issue 100000
5 per cent ten-year debentures, convertible
prior to August ], 1915. into common stock
at the rate Of $3.50 in debentures 20 800 In
stock, the common stock to be Increased
from 100000 to 10000 for the pur-
poses of such conversion.