New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-21
BRIEF NOTES OF FINANCE
Paragraphs Of Current Interest
for the Investor.

tor Inc INVESTOR.
peaceful atmosphere of Oyster Bay
80 ,asn, like a midsummer nights dream
VIZ ~ colonel after his succession of scraps
ch,caeo He and Napoleon couldn't tell
WREN 10 stop
In National Board.
~. New orleans Board Of Trade has
ant a membership I'm the Chamber Of
' 'an., Of the United States and ap-
,.,n,ea a committee Of representatives.
London Market Glutted.
r,raDslng Of Canadian securities. accord
g., 20 late London advices. is not so easy
,s has been supposed.
Want Better System.
r.orgia bankers want a special state de-
-.,,r,ent Of banking and a comprehensive
Termination system. The country certain
- {. getting stirred up I'm the question Of
financial reform.
Tobacco Situation.
current Information from Hopkinsyiue.
=, saw that the Southern growers OF
,onscco represented in the Planters Pro-
terfI
1.sse chow very little disposition Of hav-
,,g their pledges for restricting acreage or
boIding the crop renewed. This organiza-
ION was founded in 1904 and at one period
.oofrolled as high as 5000 hogsheads. The
total amount OF its sales last year ran Up
N 5000 hogsheads.
Hay Is King.
Hay is not only an important crop I'm the
United States, but it holds first place in
canada. which Is noted for It's Northwest
srn wheat crop. In 1911 the hay crop OF
canada was worth $l61.314,000. while wheat
rama second at Sl36, $1,000 and oats third
9, aS.a2OCO In 1911 the acreage Of hay IN
ontario was 1901, 1853, as against S,2O4,O2 in
1910 Ontario produced last year 4.2SS,352
tons or i2S tons an acre; in 1910 5,492 65S
tons or IN tons an acre
German Pig Iron.
The new German pig iron syndicate
among the manufacturers at Essen Ruhr.
which became effective on January /, is TO
remain in effect at least until December 81.
1915, and il 10 notice Of dissolution Is given
prior TO July l. 1915. It will continue for
four years longer. The syndicate agree
rnsnt covers all production which is not
grouped as ferro-manganese or ferro-sili-
con. and It is said. represents q total ca
pacitS Of about $4,000 tons year.
Rubber Not Reboundins.
4 It Is reported there has been a decided
weakness shown the last few days in crude
rubber prices. and to-day high grade Para
S quoted at 81 % a pound. Comparing this
present price with that Of the same period
81 last year, there will be found precise
drop Of Il cents. the price Of crude rubber
lest year being 81 26. The closing days OF
March lust reached this level.
Big Freiehts on Lehieh.
According 10 Lehigh Valleys statement.
ihe company q few days ago hauled out 2
record breaker train Of ore, ninety-hve
cars, the gross weight OF which was ss6S
tons to Cotton Yards, near Pittston. Two
locomotives were required TO take charge
~ this train and these were changed at
Manchester and at sayre. Previous TO this
train the I,ehigh Valley moved a similar
train Of ore CT total weight OF 500 tons
over the same route.
Increasing Its Business.
Il Ia said that foreign buying Of United
Fruit has been largely responsible for the
recent advance Earnings Of the European
,nd OF the United Fruit business are re-
ported TO be ahead OF last year, and the
United Fruit Company now owns the Elder
1fyhs Company in its entirety. The COM
pany is planning the addition Of seven
~.
vfli Permit Of large growth in the fruit
business and a general growth in freight
and passenger business
Old Dividend Payer
The Quincy Mining Company holds
good record as dividend payer It has
maintained dividends. 1t is said, since 1862,
except for the two years Of 1856 and 1861,
and Is an older dividend payer than Calu-
met and Hecla. The company was incor-
Iorated in 1915 and Judging from the in
creased life given Quincy by the acquisi-
TONS from the st. Mary and Arcadian
coinpsnles It will be dividend payer for
g good many years to come.
eoo- ~ Grand Trunk Orders.
. Nics-President Dalrymple Of the Grand
Trunk system has announced tIldt the IOd"
has ordered 5000 box cars, 800 refrigerator
cars, 800 fat cars and 200 Hart conyertibles
at total cost Of about $3.50Ooo0, besides 50
locomotives for the Crank Trunk Pacific
and 80 for the Grand Trunk.
Can't Meet Demands.
Reports from Ottawa assert that W. j.
Leonard, general manager Of the Canadian
Pacific. in his speech before the Board
q Railway Commissioners said that the
company could not get car manufacturers
10 take their 100000 order for freight
ears Canadian manufacturers, he re-
marked, could not handle the order. and
most Of It went 10 United States manufact-
prers 1t was found TO DO almost impos-
sible to get acceptances Of orders for the
81 IN C4rg raCrrfr4d