New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-26
Dividends have been declared as follows:

vice president of the Tobacco PRODUCTS
Corporation, but he will remain di-
rector. No successor to Mr.. Butler as
vice president will be named.
The Stock Exchange has received notice
from the Nashville. Chattanooga a ST.
Louis Railway of a proposed increase of
So, O0O 900 in its capital stock.
Chicago. Milwaukee & St Paul rights
to subscribe to the recently announced
issue of new bonds have been admitted TO
dealings on the stock Exchange.
Carl A. De Gersdorff, of the law firm OF
Cravath. Henderson & De Gersdorff, Oh
February i will become member OF
William Solomon & Co, the well known
bond house.
The Boston & Maine Railroad has sold
100000 per cent one-year notes, dated
February 3, 1919 OF the proceeds, about
5000 Oo0 will be used TO take up its quota
of new Maine Central stock and part oil
the balance will be used 10 take up some
small note issues maturing prior 10 the
maturity of ST. Ot0. 900 4 per cent notes next
June The new issue was offered here by
j. T. Morgan & Co. and in Boston by Lee,
Higginson a. Co. and T. ;. Mosely K Co.
Practically the entire lot was quickly
taken by banks.
Interests OF Phelps Dodge * co. deny
that plans have been made for the extern
sion Of the Nacozari line of the FL Paso
a Southwestern from Nacozar 10 Pro-
mentorio. Mexico to reach the mines a;
the latter place.
Henry j. Horn, vice president OF the
Boston & Maine, will. after February !. be
In charge of construction. maintenance
and operation Of the entire Boston
Maine system. Heretofore he has been
GENERATING vice president OF the Boston a
Maine and the New Haven systems Vice
President T.. II. McHenry. who has had
charge of maintenance and construction
on the Boston Maine and New Haven
roads, will hereafter devote his entire
time 10 the New Haven.
President Finley OF the Southern Rail
way says the company VIII soon let con-
tracts for the construction of double track
north from Monroe, Va, the southern
terminus Of the Washington division OF
the Southern Railway. to Amherst, va.
Contracts will also be let for the con-
struotion OF double track from 21th street.
birmingham. Ala, 10 the east end OF the
North Birmingham yard, which Will facih-
tate the handling Of traffic in connection
with that important centre.
The stock Exchange committee on Sc
curities has ruled that beginning to-mol-
row. all bids and offers in international
Mercantile Marine Company stock trust
certificates for preferred and common
stocks shall be considered as bein6 for
stock trust certificates extended 10 1917,
unless otherwise distinctly expressed.
In order TO be admitted to the telephone
department Of the exchange on and AFTER
February ]. 1919, members clerks must
be provided with new tickets for the en-
suing wear. for which the charge IL 500.
Henry l.. Dohertv & Co announce that
they have formed n blind pool" OF 49,.
coo 600, the trustees of the syndicate
formed being Henry L. Doherty Burton
g. Tremaine and william +. Hoffman.
only 81 1000, 600 Of .he amount Will be
payable at this time. and the balance only
in the event IT can be used. subscriptions
NAV be made in sums OF 500 or multi
ples thereof. One-third Of the amount
subscribed for must be paid on or before
February next. the remainder being sub
iect to call in two equal instruments. but
payable not sooner than thirty days after
call is made and calls TO be not less than
thirty days apart.
The Atchisor, Topeka & Santa Fe Raj
way Company. for December. reports
gross earnings Of slO.f0,242. an increase
of g. 22l, 266 Operating expenses witnessed
. gain Of s77i. o15 and taxes S95.725. so that
the ccmpanys operating income for the
month WAS 50. 034125. or $751; In excess OF
the amount earned in 1911. For the first
half of its fiscal year Atchison's net earn
ings were sl9Ol1,5i3, an increase of $3.50
759
Directors of the Mexico Northwestern
Railway Company at bondholders'
,neetinr on February Y will recommend
that of the sl2,JO000O fifteen-year prior
lien per cent bonds which they desire
authorized, there be sold sufficient
amount 10 pay off the existing floating
debt. amounting to approximately SocU'U'.
The Harris Trust and Savings Bank, OF
Chicago. has purchased S,os0,Oo of Home
Long Distance Telephone Company thir-
tv-vear first mortgage . per cent bonds.
due January To- 1882, guaranteed by the
Pacific Telephone and Telegraph Com
pany
lanes Edgar Davenport. who has been
division passenger agent OF the LOUISVILLE
pailroad IN St Louis since 1901, has been
Amounted assistant general passenger
agent at St. Louis Of the Missouri Pacific
Iron Mountain, effective February ].
Prices for refined petroleum are now
ouotel AT $500 in barrels. and 4.soc at New
YORK The markets for both the crude
and refined grades during the last week
remained firm, but 40 appreciable price
changes were shown.
SHORT TERM NOTES.
(Maturing isi3-'2IJ