New-York tribune., 1913-02-22
ITEMS Of WALL STREET

Business for foreign account yesterday
on the Stock Exchange was small, trans
actions amounting only to 5000 shares.
evenly divided between purchases and
sales.
Dividends have been declared as fol-
lows
Standard OIL Of Ohio Dividend of 50 a share
and an extra II s., payable March 81 TO stock
OF record February y.
General Chemical Company-Reguar quarterly
OF IL per cent on its preferred stock, payable
April to stock OF record March 20.
The total amount of gold for South
America on to-day's steamer is s9.l0.0D.
AT a meeting Of the governors OF the
Consolidated Stock Exchange on Thurs
day Hermann Kaiser was expelled from
membership in accordance with Article
III of the bylaws. The charge was obvi-
Gus fraud and false pretences.
Exports of copper for the week ended
on February % were $40 tons. Since
February / 23,06S tons. and for the c0r,2-
spending period last year .. 80 tons nave
been exported.
The Brown Shoe Company has acquired
the business OF the Barton Brothers OF
Kansas CITY. The Barton Brothers Com
pany did "a business in 1912 Of close to
100000.
James L. Morgan. formerly treasurer Of
the General Chemical Company, was
elected vice president and secretary yes
terday, succeeding r.. H. Rising. lnd
Vice-Prcsdent W. H. Nichols. it,, wcs
appointed chairman Of the executive com
mittee. Lancaster Morgan. assistant
treasurer, was appointed treasurer
The total net profits OF the Chino Cop
per Company from all sources for the
year 1872 were s2.3J2 S22, which is equal TO
- S3 a share on the 117,ijs shares OUT
standing, after deducting $4,000 interest
on s., ,jOop0 per cent bonds outstanding
The total production for the year was
% 237 800 pounds.
The Northern Coal and Coke Company
has called special meeting of stock
holders for March l2 to ratify the sale
OF the property Of the company 10 tile
newly organized Elkhorn Fuel Company
The report Of the Hedley Gold Mining
Company for the year ended OCTOBER ~
1912. shows net profits of $3.50 NN, OF when
$4,000 was paid in dividends. leaving ~
surplus for the year of s2j,N>o. The mn
treated % AS tons Of ore. having an aver
age value Of SlI i9 "A ton. or u total value
Of SsS.7l5.
The Missouri Pacific has closed con
tract for seven mountain type and nv"
uiksdo locomotives with the American
locomotive Company. and the Wheeling
Lake Erie has placed an order for twenty
consolidation locomotives with the same
| company.
The stock Exchange firm OF Alexander
& co. has been dissolved, and the frin "l
Mitchell & Go. has been organized IL II
romposed Of j. Murray Mitchell, Tho'naS
"a NcGovern and Frederic b. Alexandef'
and will do a general cotton and broker
age business.
Dir.ctors ~ the New York New Haven
& Hartford Railroad Company have at
,horized President Mellen 10 negotiate
lease of the lines Of the Northampton III
vision. north Of Wcs,held. Mass, TO the
Boston a Albany Railroad.
rho Kansas City Southern reports gross
earnings for January as Ss9S. 100, as COM
pared with $685. SIS for January. l'i2. Net
earnings after taxes were Sp"oF' as
against sii6.7s2 for the same month IN tff
previous year.
rho report Of the Pacific Telephone and
Telegraph Company for the year ehdeu
p.r.ub.r 81 shows gross earnings ol SlN'-
pa $50. as compared with No'"'"'ll- io'
,a,, \., earnings were $i.26l i3i, as
against &. 1924 for 1911. The surplus
after dividends and interest was Sh-''--'
which is equal TO : per cent on the Nl''-
~, ooo common stock, as against Lo5 per
cent In 1911
Al = speciaI meeting of stockholders Oh
Ga. Uom.stake Mining Company. held III
San Francisco ON Thursday. an increase
in the stock from s22.Ooo.coo to &olio'VV'
yas authorized. which practically means
the declaration of IL stock dividend ol 10
per cent. payable on March % TO ''oeN
~ record on March 10. THIS action WAS
recommended by the directors some time
ago.
Tb. Underground Electric Railways
compauv of London reports income lIo"'
investments and operation of power
houses. etc, for the six months chdei
December 81, 1912, az f2'9.2l9, against fl5d.-
as for the same period Of lell. 1he sur
pIus after interest. general expenses, etc.
for IN. SIX months was $50. against l,is-
in 1911.
PICTURED FIRE TO REAL
N,,+ore IN Eull DrncS Leave