New-York tribune., 1913-07-23
ITEMS Of WALL STREET
Transactions for foreign account yes
terday totalled 10000 shares. mostly on the
buying side


buying side.
Dividends were declared as follows:
Kings County Electric Ligit and Power
Company. regular quarterly OF per cent, pay
able September 60 stock Of record August II
Steward-Warner Speedometer Company, reg
ular quarterly OF = per cent on preferred and
~ on common. payable August ! 10 stock Of
record July 20.
Lyman Mills regular seni-annual Of per
cent payable August ! TO stock OF record July
81.
Lane Libby Fisheries Company regular OF .
per cent on preferred, payable August TO
stock of record July -.
Monongahela Valley Traction Company, reg
ular semi annual OF 81 per cent on preferred
payable August ].
J. G. Brill & Co. regular quarterly Of ~
per cent on preferred, payable August / TO
stock of record July -.
Speyer & Co. announce that the time for
deposit of general lien per cent bonds Of
the st. Louis & San Francisco Railroad
Company with the Bankers Trust Com
pany. under the agreement Of May 2S, has
been extended up to and including August
rs. and bondholders who have not already
done so are urged To deposit their bonds
without delay. The certificates Of deposit
have been listed on the Stock Exchange
and about $26. coo Of the bonds have a.
ready been deposited under the agree
mcnt.
The Central Leather Company reports
earnings Of s2,1SJ O0i, after deductinG oper-
atng expenses for the three months
ended June 80, a decrease Of t339,625, as
compared with the same period Of last
year: net income. after total deductions
was sa36 366. a loss OF S23l 579. The surplus
for the three months amounted to S55.65i'
a decrease of S23l.JG.
Net earnings Of the American Hide and
Leather Company for the quarter ended
June 30 were 1899 sol. as compared with
s42t9Oi for the same period Of last year;
surplus was sl73.92J. as against $3.50, i69
Net earnings for the year ended June 20
we're sl132. .2l2 as against N.02I7l3 for the
preceding year, and surplus amounted 10
$40. 7l2 equal to $50 per cent on the Sl5,-
600 900 preferred stock. as against 2.S per
cent earned year ago.
Notice has been given TO Stewart-W ar
rer stockholders that the corporation VIII
anticipate its preferred stock sinking
fund, payment OF which is not required
until December 81. II has set aside the
full sinking fund Of S6J 900. and will apply
this amount on August H. 1915. TO the pur-
chase of preferred stock I'm tho manner
provided in the cei tifcate OF Incorporation
ana pN-laWS, al the lowest ~ aI y" '''~''
stock may be offered for sale.
Wells Fargo & Co. stock broke par yes
tcrday for the FIRST time since 1897, selling
at 95. a decline Of points from Monday. >
closing price and the lowest II has sold
since August Il. 1896 when II touched 80
new low record price for government
. per cent bonds was recorded on the
Stock Exchange yesterday, when No.V"
sold AT 97is OF the government IS, $S'V9
sold at lJ2A. while the coupon - SOFA :.
liig. Bond men say the only thihB thdt
keeps the government issues IRON solHb
lower is lack Of demand.
Dividend and interest disbursements Tor
August are estimated by Dow. Jones a
Co ~ sSs.0j00OO. as compared with 80
O0O.0OO last year
The Republic Iron and Steel Compahy'
in its semi-annual report covering the SIX
months ended June 30. 1913, reports net
profits Of s2.A2.S9i. an increase OF fLo's'''S.
The half years surplus applicable to dlVi-
dends was S.g72. .i2l. and after the pay
ment OF $4,000 on the preferred stock the
balance was slG97, i2l, which Is equal 10
4m per cent on the S2Ilsloc common
stock outstanding. or at yearly taie Oh
2 o; per cent The president John y. Iop-
ping estimated that net prohts were I',
duced approximately 10000 6s a result ol
tho nbIo floods.