New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-04-24
TOPICS OF THE STREET.

FOREIGN TRADING.-Transscu p,
foreign account in the local STOCK ma. ~
amounted 10 about 1o.cc shares. WIN o"
somewhat in excess OF purchases
COPPER MARKET. copper market
continues quiet with prices still at 100 lotsc
a. pound for electrolytic, delivered, thirty
days. Demand is chiefly domestic, Wnicn
Is natural reflex from the heavy 1orelgn
buying several weeks ago, when Europe
was practically the whole market: ABROAD
the market holds at 1910 9. pound for mrs.
hands. with a shading Of that quotation
agent estimates that there Y less than an
1000 tons of copper for May delivery 70 De
had, and rAast OF the larger agencies arc
we'll sold up 20 July ].
STEEL TRADE CONDITIONs.--several
leading manufacturers report that IN
creased prices have stimulated epeclhca,.
lions against existing contracts. Inc MUS
are now taxed 70 their utmost TO make
prompt deliveries. On the otaer nanoi ne
amount OF new business. manufacturers
are determined to get better prices Tor thelr
products and IL would not be surprising 10
see still further advances before the Close
next month.
have been declared as follows: The Lehigh
Coal and Navigation Company, regular
quarterly 2 per. cent, payable May q: the
pe att cent, payable Nay i; the American E1
change National Bank, regular seT1i-annuas!
per cent, payable May /; julius Kayser &
Co, regular quarterly II per cent on the
the Scott Paper Company, regular. semi
annual 3ia per cent on the preferred, pay
able May l.
RUTLAND EQUIPMENT TRUSTING
900 Of Rutland Railroad equipment trust
OF lsS nav. peHn soi Ioc 20 20 the
Rutland Railroad, subject TO the approval
Of the Public Service Commissions OF New
York and Vermont The New YORK com,
mission already has announced its approval
OF the issue.
COMPUTING TABULATINC RECORD
ING COMPANY.-Th Computing Taoulat-
ing Recording Company reports net earn
ings for March of $3.50, against Ss,l7s Tor
for March, isi1. OF sssl72, an increase Of
N,717. For three months ended March g. g
net earnings were s2ss,375, against s225,37o
last year, an Increase OF ESa Ihese
Of the London office. which have nor YET
been received.
MINES COMPANY OF .AMERICA:.For
the year ended December 81, 1911, the Mines
Company of America report, a net prom
pared with the preceding year. The net
profits OF the subsidiary companies Of the
Mines Company Of America in 1911 vera
$4,000, a decrease Of slTs,s24 from the re-
turns Of 1910.
The RaystoWn Water Power Company, OF
Huntingdon Penn, is offering through
George W. Porter, OF No. Is Broad street,
New York, $4,000 first mortgage. sinking
fund s per cent bonds. due April J., 1855
This issue, which constitutes the only bend
ed debt OF the company, ts secured by an
absolute first mortgage on the properly.
sUB-TREASURY TRANSFERS. - The
sub-Treasury transferred $4,000 to San
francisco yesterday and $4,000 to New Or.
leans. making on the current movement
transfers Of So, $50, 600 10 San Francisco AND
81, $50, go to New Orleans for the account
OF local banks
CENTRAL LEATHER-The Central
Leather Company reports for the three
months ended March 81 total earnings AFTER
expenses incident 10 operations OF S,Sl6,Sn,
and surplus after all charges and diV1denos
of s470.1T
COPPER PRODUCTION.-In the last
month the Utah Copper Company produced
sl6O, 900 pounds OF copper. In the same tino
the Nevada Consolidated Company pro-
duced $3.50, 600 pounds.
AMERICAN SNUFF COMPANY.-At the
special stockholders meeting OF the Amerl-
can Snuff Company the corporations char.
ter was amended. reducing the numoer OF
directors from seventeen to eleven