New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-25
Dividends have been declared as folio

~ Wasbing,on' baltimore & Annapolis Electric
Railway Company. AZ per cent on tne Pr ..
record December -. This dividend, win uiv
IL per cent paid October J. makes the 'u''
dividend OF per cent for lsl2 .-...,,. =,
National Carbon Company, usual quar- y -.
f.. per cent on the common stock payapIe
January 10. Books close January ana re-
GARFIELD National Bank regular quarterly OF
2 per cent, payable December 81. Books close
December 70 and reopen January q
George r. Gentes, assistant cashier OF
the .4Itna National Bank. has been elected
cashier. to succeed E. v. Connolly. VINO
resigned to accept the presidency OF the
Commercial National Bank, OF Long ISL
and city.
The members of the New York Coffee
Exchange voted yesterday to close the ex-
change ON Thursday as we'll as to-day.
Chicago Union Traction Company trust
certificates Of deposit for the preferred
and common stock, assessment PAID nave
been removed from the list on the New
York Stock Exchange.
Chicago advices say that tho Chicago
& Northwestern Railway Company VIII
not offer any nov equipment trust Ger
tihcates until the market Is better. Iho
company has 100000 Of previously au-
thorized equipment trusts In Its treas
ury. which will apply in part 10 equip
ment recently ordered.
Trustees Of the Union Trust Company
have voted the usual Christmas bonus OF
10 per cent Of the salaries Of the employees
Of that company.
Stockholders Of the Erie & Central New
York Railroad Company. the stock OF
which is largely held by the Delaware
Lackawanna & Western. Will meet OIL
January Is TO vote on the proposition 10
lease the former line 10 the latter Fof
the annual meeting books close on Janu-
airy and reopen on January ~
Anplication TO list the following securi-
ties has been made TO the Ne" ioIN
stock Exchange: Sierra and san IRAN
cisco Power Company. ss.5oo,oOO nrst
mortgage per cent forty-year bonds due
1913: Irving National Bank. s4.OOo'OOo
capital stock NJ. Rumely Company -
$4,000 additional common stock ana
General Chemical Company, s1,25O,OOo ad-
ditional per cent cumulative preferred
stock and $4,000 common stock.
Denial is made by officers and banking
interests Of the International Mercanths
Marine Company that any plans are under
way whereby the Olympic or any other
White Star boat is 10 be placed under the
American flag. They assert that az pres
ent they have no intention OF organizing
any new operating companies. Further
Jevelopment Of the business through the
Panama Canal and down the raci"o
Coast. however viii be attempted.
Theophilus Parsons has been elected
president OF the Amoskeag Manufacturing
Company TO succeed &. w. Amory' VINO
resigned on account OF i'll health. MI.
Parsons is at present treasurer OF the
LYMAN Mills. and was for many years
president of the Arkwrisht Club, OF Bos-
ton.
The Lehigh Valley Railroad Company
for November shows gross earnings OF
s2.744,2s4. an increase Of st24,O52 over
the same month Of 1911. Operating eN-
penses. however. advanced s33O'S"3, so
that net earnings from operations allow
ing also for taxes. amounted 10 sl,l'-'ooS'
or a gain Of only ss9.122. For the I'VE
months ended with November 80 Lehigh
Valleys gross was S19,0Sl,324, AN IN
crease Of S2.3So.455, and net amounted 70
sG.343, $50, a gain OF sl,o42,3l0.
The Buffalo. Rochester e. Pittsburgh
Railway, which published its November
statement yesterday. showed a gross or
S91s,611 and net after taxes or S242''2Z'
The former is an increase OF S1oo,oo' ana
the latter an advance Of s22.3e0. The
months surplus after charges was 1885,
$50. or s33,275 in excess Of the amount
. year ago. For November and the hVe
months the surplus, after charges, aggre-
gated s197,0ss.
Sears. Roebuck & Co. received about
$4,000 orders for merchandise on Mon
day, which is the largest days business
on record.
A call for the condition OF state banks
and trust companies will be issued before
the close Of the year. This will be the
fourth call this year. The last call Tor the
state institutions took place on Septem-
Der Q.
william n. Goodnow Of Boston, ana
Herbert B. March Of this city, Will be-
come partners in r. l.. Day T. co. on
January I.
William l.. Ross, Office manager OF tho
TilIottson E. Walcott Company. OF Cleve-
land, has resigned TO open and manage
the bond department OF the Second Ward
savings Bank. of Milwaukee. lie VIII be
elected 10 the board Of directors OF that
institution which has resources approx
mating sl5,o00,0oo.
The Citizens Central National Bank
will pay each of it's clerks s per cent of
his salary in 1912, in recognition OF fidet
itv and as an incentive TO future loyalty.
SONGS WILL WELCOME 1918