New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-17
l}[F. NOTES OF FINANCE
,,,,oraphs Of Current Interest
'''' for the Investor.


,rorum is the reason aSslsn l, LOT 10 |
wQuU the Brooklyn Union Gas Com
| ,ciion % ,a question of an extra. dividend |
| apy o" W, and the regular II: per cent |
~ W., yesterdays meeting. The in
Tiostg% on given out is that the directors
prn'au, on Thursday. May p. when both
~. a,. ends will be officially declared
S'" Bar Silver High.
.,bar silver on the London mar
ANSn ns, "a the highest price paid since
sh 70 e, 1907. when sales were made at
o.i0D ahout the time when the Indian gov
as,snt ceased its purchasing Tor coinage
,sPOses ou.oL
| .,s,.,lIe &. Nashville is building |
me ~ own shops as follows: 400 gon-
aTs u -, -, ,oxes. 100 refrgerators. 100 flats
t'a pas. stock. 1t is estimated that Inquiries
." w w. will total about sixty-fve thousand
~ 'e ysrsl orders for locomotives have
DO zen placed recently. including for
yen ss.ouri oklahoma & Gulf. from che |
ne NJ locomotive Works: 90 for the st. |
Bao" = southwestern. also from the Bald
LOUIS Cor the Jnter-C Colonial Railways of |
WI from the Canadian Locomotive /
Cahsu'' .ra 900 locomotives purchased by |
VIA italian state Railways from Italian
naruiacturers'
The Maroon Balloon.
...rr,ath of the MarConi craze in
~. is now in evidence, and the DAYS |
pn Dn Morse" are upon thu mad fol-
:, hoth the Marconi and the West |
,....n tins The extent of gambling m
' ',r.a in during the highest point of the,
.,,.,,vs fever i'm wireless stocks can !
:. imagined. as the English followers :
!, ~. game go to extremes during any /
s.s,s Of popular speculations. no matter |
~, the nature Of the risk may he. II !
70 rubber one time, silver or gold |
-. another. or wireless and other pro- |
'.io,s NAV he the favorite. AS rule, |
s-.u,nmsn are good gamblers. as they |
'',r the limit if the game Is an open one I
"a ,be cards run evenly. But in all spec
.,,ons the percentage is against the out /
~, who PLAYS. and there is always the .
,sy Of reckoning
Sears Roebuck Gossip.
Thar. ,s some talk now Of distrlhu-
-, NJ 8 per cent in a stock dividend to the
..s.rs of Sears-Roebuck common. IT is |
~, said there are prospects of an increase !
N. present cash dividends above the I /
r cent now pald.
Hiohest Since 1906.
a,,oklvn Rapid Transit reached its high
q. ooint in the market since 1906 The |
,5snds Of the stock are elated at the pros |
,..s Of clearing UP the subway tangle /
=, The slice OF the pie which Brooklyn |
arM Transit will receive.
Deny Intended Financing.
n.,;al is now forthcoming that British I
rsunbia Copper contemplates any new |
s,,neinr. The company is reported TO be |
n rood condition and producing at the I
M. Of 30 900 pounds a month, which Is |
em pounds more monthly than was eX- /
xls6.
To Increase Patronage.
N. West Shore Railroad Is making ef- !
cs TO secure greater percentage OF |
rrntorn patronage by changing It's down !
xn terminal The company has notified |
{. Public Service Commission that after |
r.aght on May 81 the terminal of the |
azpany will he at Cortlandt street ferry.
y, pssbrosses street ferry station OF the
VET Shore will be abandoned.
Baltimore Strike Conditions.
ne longshoremen's strike in Baltimore
ks developed 70 a point where it Is affect
q lines only indirectly identified with
rgne interests. The Baltimore Copper !
%. smelling Company's plant, controlled |
h he Ggggenheims. has shut down. the |
.sstwise coal trade has been seriously In |
red, and several Of the larger shippers |
( coal have abandoned water routes and |
&, shipping entirely by rail.
Steel Spring Plant.
The Standard Steel Car Company. which |
a heretofore purchased steel springs in |
Z. open market, has now included de- |
Etnent for manufacturing springs for |
rscks ana rolling stock al its Butler plant. |
ne plant. when IN full operation. viii |
,rs than supply the needs Of the com
pg
Western Finaneier's Views.
i,bn j. Mitchell, OF the Illinois Trust and !
hinss Bank, OF Chicago, and one OF the |
Isl Students OF finance and commerce in |
ss country, is quoted as follows regarding |
r.s.nt conditions and general outlook:
Apart from political chaos. regard the |
ruaton hopefully. Crop conditions are |
EA, on the whole. with Kansas and Okla
ina never better. While 1t looks like |
hden wheat damage In Ohio, Indiana |
u portions OF Illinois, this can be offset |
other grain volume business, which is
u We could expect.
Industrial conditions generally are as |
'.alihy as in two years and fairly salts
artery With considerable expansion re-
Tly, industrial credit is less extended |
a,a tvc years ago. Cost of doing bust
's has increased steadily, and profits are |
naDer, but people are taking soundines
70 basis is solid. Money market here has
tendency either way nor is likely TO |
s's until fall"
Certificates Ready.
announcement from J. y. Morgan Co.
!" been made that they are now ready 10
h The engraved stock trust certificates
we preferred and common stock OF the
Ease Thrashing Machine Company for
temporary preferred and common stock
1uneates that were issued when the stock
"onered for public subscription.
Net Debt Increased.
s report Of the expert accountants who
0smining the finances Of Hudson Coun-
~ d. shows that the net debt OF the
'aV Increased from sS.S37.s25 10 1901
n,.,IH,s49 on December ]. 1911. a gain
":ss,I24 in ten years.
Estimated Earnings.
-, estimated that Goodrich Diamond
,S earnings, first year after merger
=. equal t. 10 per cent on the com