New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-05-12
,,,nrove Crop Conditions.


sprns narade. Certainly this was suf-
saent ou.
Poebuck & Co. have made gift
SEA- ,ov total 81, O00 600 in furtherance OF
Nn'H the council of grain exchanges 10
shOl'. crop conditions. both In quantity
inp'O ,,o,,tv Work will begin at once in
snu .rsds OF counties scattered throughout
num- .ountrv. The first instalment OF the
ne - 10000, and the donation of the re-
fh NJ 100000 will depend on the re-
.bown BY the expenditure OF the
$1,000 u.w pr.f.rred Issue.
,,,a 2 the stockholders Of the Cen
VI c.orr,- Railway will meet TO vote on
uS' len. Of the $4,000 preferred stock at
o. ' ~ retunding sl5OOoOOo income bonds
Pa..tandlng in three issues.
Wall Street lunches.
.. so.s not require very much TO change
N..,sr, in Wall Street from bullishness
s'.n.r,shness. and vice versa. Sometimes
.sops small Incidents are taken 10 cause
Us IN have a "hunch,' and they are
s.y.rped many times by these lunches.
-. s,o-v Is told Of how William Rockefel-
- r.s walking down Exchange Place,
lying in the best Of health, but he was
"s.g,nr gum This fact caused the senti-
-, "a be created which bulled American
rs,cI. common. This is a very small thing,
-, q shows how sensltively affected trad
.rs are in the market
Gold to Argentina.
According 10 general appearances we shall
., obliged 10 ship gold 20 Argentina In con-
,ssrable quantities TO pay for the grain
~bich is now coming out of their country
Gar trans-eQuatorial destinations in Europe
,,d North America: 9,3SS.000 bushels. about
.ro-,hirds Of which were equally divided
tstween wheat and corn, the balance in
tn.ts and fax. were the current weeks ship
,rsnts. for all OF which gold will have 70
:. raid. The total weeks grain exports
from Argentina are estimated as approx
uately worth s675o,ooo in gold.
On Titanic Claims.
II is estimated that Lloyds is paying out
unfortunately $4,000 on Titanic claims.
Baltimore & Ohio.
The April statement Of the Baltimore &
Ohio will probably show an increase OF
about $4,000 gross. while the net will prob
ably differ slightly from that reported for
Apr!l a year ago 1t Will require or
lMnoo Increase in May and June 10 brinS
the final balance up so that net earnings
will show per cent on the company's
common stock There has been A liberal
appropriation for maintenance during the
nine months. exceeding that for the same
period Of 1911 by $73.2s.
Will Be Reopened.
Rumors are current that the Tecumseh
nine. in Michigan. will soon be reopened.
The low price Of copper was chiefly re-
sponsible for operations being suspended,
but it IS believed that, with the advance in
the price Of copper. the mine can be
worked probably.
Railroad Returns.
The Bureau OF Railway Economies says
that railroad returns for February, 1912,
reduced 70 a per mile basis. show increases
when compared with the returns for Feb
rgary, 1911. The increase from net op-
Grating per mile was 81. or al. over Feb
ruary. 1911 Probably a third of this in
crease was due 10 the fact that the month
Of February this year contained one more
day than 1911. The net operating revenue
Per mile for February, 1911, was 1876 less
than for February, 1910 The effect Of the
extra day in February Of this year is elimi-
mated by comparison Of the net operating
revenue per mile Of line per day. In 1912 this
was s. 7s; in 1911, 81 IS; in 1870 about SO %
United States Rubber.
There was a balance OF sl,576,307, equal TO
g per cent earned on the s2S.o0o,ooO COM
mon stock outstanding Of the United States
Rubber Company for the year ended March
q. This compares with 2 per cent earned
On the same amount Of stock during 1911.
TIE net sales for this last year, however
were considerably below the previous year
and in 1910. There seems 10 be general
feeling among those familiar with the
status Of the United States Rubber Com
psny that the earnings Of the future must
be obtained largely from its subsidiaries in
the tire and mechanical goods manufacture
President Colt is quoted as confessing that
Increased net earnings are due TO the
larger return during the year in dividends
Of the common stock Of the Rubber Goods
Manufacture Company, the common STOCK
outstanding Of which is owned by the
United States Rubber Company.
Equipment and Cars.