New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-08-24
BRIEF NOTES OF FINANCE

mil NUILU vi ih"hNol
Paragraphs Of Current Interest
for the Investor.
cov.rnor Wilson according 10 news
rororts is a very sound sleeper. If
pap boat the present stock market he
,sa wonder
Too Sleepy to Jump.
,1or daily reports from the Pitts
~ d,etrict tell of orders, orders, or
Cor steel products, and the mills are
LA 70 be choked with business. with all
bright and cheerful tidings, the
narket acts Ike an old doing dray horse
.~.d,ng by a railroad train. 1t neither
ITS nor jumps just stands sleepily by
and ignores the sound.
May Increase Dividend.
r.o fresh dividend gossip Is now about
,...h Conner. and the rumor is that at the
xoyerber meeting the directors will de-
.are an increased dividend. Utah Copper,
~ weIl as all coppers since the Increase in
~. rrice of metal has been increasing its
,aco,ne as il is said that the cost of pro-
ano,ion 10 the company is less than
ANTS pound. Whether the dividend VIII
be increased must be classed as pure
speculation.
outgrowing Wall Street.
Ever now and again there is talk that
the country outside Of the immediate in
ansnce of Wall Street, having outgrown
{, can ignore what Wall Street Is
doing In 1905 many editors of daily
rewspapers. magazine writer's and bust
ness men were positive that the country
had developed so far that Wall Streets
Influence was nominal. 1t did not take
long in 1871 70 prove TO the contrary, how
ever Now there is the same talk being
reported This conversation does little
harm. as those who know the Importance
Of the banking houses and the powerful
financial dictatorship OF Wall Street only
smile. The time may come when the Wall
street district can be ignored by the re-
msinder of the country, but it is not yet
In sight.
The Crop Outlook.
The ST. Louis Modern Miller gives a
brief report Of the crop outlook as fol-
lows:
'-Tbe recent frequent rains in the soft
and hard winter wheat states of the Gen.
trail West have prevented thrashing
which is not yet finished; and farmers
are waiting for favorable weather 10 COM
Ilete this work. so that they can begin
to plough. Many farmers along the Mis-
sissippi River and in localities of Missouri
are returning sacks. claiming that their
wheat is about shipped out"
Nevada Consolidated.
The Utah Copper Company owns a 80
per cent interest In the Nevada Consoli-
dated. At the July rate Of production
Nevada Consolidated produced at the rate
Of 100000 pounds of copper annually.
Figuring Nevadas costs at cents
pound and copper at 1724 cents Fl pound,
net earnings last month were at the rate
Of F.s5o.0oo a year. a figure equivalent to
nearly 81 a share Nevada Consolidated
pays 10 shareholders 81 50 a share year.
Exports Of Sewing Machines.
Figures compiled by the Bureau Of Sta
tstcs Department Of Commerce and La
Dor, Indicate that sewing machines have
ior many years been an important factor
Of the export trade Of the United States.
In 1861, the earliest year for which q
record is available. these exports amount
I'd TO sl052.7 JS; in 1872, $24360s5; IN 1882,
&G75l5; in 1892. SS133, 1872; in 1892, A022, 6g7,
and IN 1912. s9e47,Sl2 The growth in ex-
ports Of American sewing machines re-
fleets the development of the domestic
Industry, the value OF its product having
Increased from si,403,2O6 in 1860 TO over
10000 in 1899.
Swedens Prosperity.
Statistical information as given by con-
sular reports show that the year 1911 is
said 20 have been one of the most favor
able in the history OF Swedish commerce.
The volume of foreign trade has steadily
grown exports showing a greater in
crease, generally speaking, than Imports
swedens foreign trade in 1911 aggregated
approximately 1853 600, a gain Of SILL
$1,000 over 1910 and of Ss1, 900 over 1909.
Exports amounted to A73,SS3.OoO. an in
crease Of sl3.eO5, 900 over 1910 and of sie.-
$500 over 1899 while imports were val
ued at $50, 2e7 900. a decrease Of sl,SS,000
as compared with 1910, but an increase Of
Ns65,0OO over 1909. The wealth Of Swe-
den lies chiefly in its forests and mines,
and the articles that make up the bulk
Of it's foreign trade are iron and steel
iron ore, paper and manufactures thereof.
timber and wood pulp and food products.
During the first half OF 1911 exports OF
rolled and forged iron showed an upward
tendency. which was checked only by q
scarcity Of water later in the season: the
output Of ingots was also reduced on this
account. On the other hand, the produc-
ton OF pig iron greatly exceeded that Of
the previous year, Generally speaking,
the market was exceptionally good.
R0M0 mrs