New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-21

stocks
Dividends have been declared as fol-
/ lows
| Standard OH Company Of Indiana, regular
|quaUcriy ~ , per cent and an extra dividend
! OF Ter cent PAYABLE February IS to stock Of
/ record February 10
| American RAILWAYS Company. quarterly Of
! H.. per cent on the preferred stock payable
{ February H. 20 stock NJ record January 81.
/ Standard Oh Company OF Kansas. quarterly
: Of 81 share and au extra Of -. PAYABLE
February - 90 stock of record February :.
Pullman 'cmpan-. 'oEliar quarterly Of s..
PAYABLE February L. 20 stocl Of record Janu-
wr -
/ The Kellogg Switchboard Company IS
/ planning an increase in capitalization
/ from 100000 TO Sl,j0oor" to meet bust
/ ness expansion. In 1910 the capital was
increased from 10000 to 100000 by the
declaration OF 100 per cent stock dividend
! The stockholders committee Of the Doe
/ Run Lead Company. of Missouri; the 81.
/ Joseph Lead Company and the Bonnie
/ Tcrre Railroad Company appointed James
/ X. Finley. AT a meeting yesterday, To
appraise the properties ana submit re-
port for the use of the committee in form
! ing a reorganization plan.
The leading sellers of copper are now
quoting the metal at an average of about
/ l63s cents q pound IN the foreign market.
/ Domestic buyers say they are doing very
| little and small sellers are forced to
/ make concessions OF ouc-fourth 10 three
ciChths Of a cent a pound to attract any
business.
! The hearing Of the United States gov
eminent against the Steel Corporation
/ will be resumed tomorrow. and not TO-
| day. as previously announced. II is eX-
pected that w T. Corey will be the first
witness.
| The small unsold balance Of the S3,36o,ooo
Grand Trunk Railway equipment AZ per
cent gold notes. series Il. dated Novem-
| her I. 1912. and due in semi-annuai install
ments of $1,000 each 10 November !, w.
are being offered by Blair co. The Of
/ fcrinC prices for the various maturities
give yield basis Of 40 per cent
! The proposed issue OF New York Cen
] trail $l2j4700 equipment trust certificates.
which is being opposed by G. II. \enner
& Co. will be offered by J. T. Morgan n
60. within a few days, should nothing UNI
| foreseen occur to prevent.
! Total income Of Morris & CO. for the
| fiscal year ended November ,, 1912.
amounted to A0Sn97l, an increase Of SOL
9Gs. Deductions for tho year were f326S,-
SIS so that net income totalcd s1,Si2.Gi3.
gain Of s775.G7 over the corresponding
/ period Of 1911. The years surplus was
equivalent to 6ri3 per cent on the com
pany's cocoon capital stock. a. agains,
| 2l5 per cent earned tho previous year.
The right 10 subscribe 10 the new SO
$1,000 Maine Central Railroad stock Issue
will he allowed on partly paid subscrip-
tions the same as on fully paid stock.
/ Henry VI. Peers. long recognized as an
authority on matters relating to cotton.
has been placed I'm charge Of the cotton
I department o. j. Il. Wilson & co.
] The Moline Plough Company has sold
| $4,000 FIRST preferred per cent stock
to +. 5. Mosely & Co, and Klssel kinni-
cutt d Co. This concern is one Of the
largest I'm the United States. manufact-
uring and selling agricultural implements
wagons etc.
David 4. Forgau. president az the Ma
+ tional city Bank of Chicago. will address
{ the Now York Credit Mems Association
4 AT the Hotel Astor Thursday evening on
| the subject. How to Avoid Another
| r,.r;c J.raucic Harvey Green will talk