New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-01-16
ITEMS OF WALL STREET

The foreign interest In the market is be-
coming more active. London yesterday
bought about $4,000 shares, consisting
mainly OF the Hartman issues and Anal
ganated Copper.
Dividends have been declared as fol-
lows:
Booth Mills has resumed dividends with
semi-snnua declaration OF . per cent. pay
able February / to stock OF record January IL.
Sears. Roebuck & Co, regular quarterly OF
Ia per cent on the common stock, payable
February is TO stock OF record January 81.
Pittsburgh & Lake Erie. regular semi-an-
nual OF 3 per cent, payable February 1 TO
stock OF record January "a.
New York. Chicago a ST. Louis Railway,
regular serni-annual OF per cent on the COM
mon stock, an increase OF per cent over a
year ago. Also the regular semi-annusl divi--
bends OF 2if per cent on the first and second
preferred stocks, all payable March 1 to stock
OF record January 81
General Fireproofng Company, II. per cent
on the common stock. payable April J.
Siegel Stores Corporation. regular quarterly
OF Ia per cent on the preferred stock. PAYABLE
February ! 70 stock Of record January IL.
Lackawanna steel company. initial dividend
OF l per cent on common stock. payable Janu-
airy 81 TO stock OF record January "a.
Reading Company, regular quarterly Of l
per cent on the first preferred stock, pa able
March ~ to stock Of record February IS.
cities Service Company. regular monthly Of
one-half of | per cent on the preferred stock
and fiye-twelfths OF ] per cent on the com
mon, payable February 1 to stock OF record
January 10. The dividend on the common IL
an increase OF one-twelfth OF ! per cent over
the last monthly declaration.
Utilities Improvement Company. regular
months OF one-haf of per cent on the pre-
ferred stock and one-sixth Of per cent on
tire common. both payable February | TO stock
OF record January 10
Electric Bond and Share Company. regular
quarterly OF lis per cent. payable February
70 stock OF record January u, and regular
quarterly of . per cent on the common. payable
January IL TO stock OF record January 10
The Chicago 6 Northwestern Railway
Company has sold to Kuhn. Loeb & co.
S5,7OO,000 ~ per cent equipment trust
certificates maturing In annual install
ments for ten years. also two issues OF
s., 800 900 and s1.l20.O00, respectively. Of
divisional first mortgage Az per cent
bonds. the principal and interest being
guaranteed by the parent company
william f. Corey. former president OF
the United states Steel Corporation, will
be the first witness to testify in the gov
eminent dissolution suit against that com
pany when It resumes. OH January 81, &C.
cording TO Henry c. Cotton, assistant
prosecutor for the government.
Lazard Freres have engaged $4,000. 900
gold barsfor export to Europe by to-day's
steamer. THIS makes S5,OOO,000 engaged
for export since the first OF the year.
The readjustment plan OF the Hudson &
Manhattan Railroad Company,s finances,
announced in yesterdays Tribune. will re-
duce its fixed charges by about % per
cent and will provide for the payment Of
s21,157, 900 notes which mature between
February !, 1913, and February /, 1914.
The syndicate managers believe that the
reorganization, which Is friendly one.
can be carried through without drastic
action
Kaufman Brothers. department stores.
operating in Pittsburgh. have applied for
a New York charter at Albany under the
name of Kaufman Department Stores
Company. Incorporated with s2,5O0.000
cumulative 7 per cent preferred stock, re-
deenable at 1875. and 175OOOOO preferred
stock.
II Is denied that the National Railways
OF Mexico has taken over the 35 per cent
interest In Tehuantepec National Railway
owned by s. Pearson & Son, Limited. IT
IS admitted. however that negotiations
are under way.
Charles NJ Schwab, president Of the
Bethlehem Steel Corporation. will return
from Europe to-day. IT is expected that
he will have something interesting TO say
regarding a reported $500, 600. 900 steel
merger Of independent steel manufactur-
ers in this country and Canada.
The United States Rubber Company is
giving notice that as the listing OF ad-
ditional shares OF its first preferred stock
by the New York Stock Exchange can
not be effected until the meeting of the
governing committee on January -, de-
liverics OF certificates for the first pre-
ferred stock on account OF the second
preferred stock OF the United States Rub
Der Company and preferred stock OF the
Rubber Goods Manufacturing Company
called for under It's offers OF December
"a will not be made until after such list
ing.
William Solomon e. 90. are sending a
circular letter to Eastern stockholders Of
the Mexican Petroleum Company. Ltd.
OF Delaware. explaining the right to sub
scribe at par and interest to an issue OF
81. 74J eco first and refunding sinking fund
bonds and at par to $4,000 Petroleum
Transport Company capital stock
James !. Hill and Judge T.. II. Gary
have been invited by the Detroit Board
OF Commerce 60 be its guests at din
ner to he given at their convenience. lt
is expected that Judge Gary Will speak
regarding the new 100000 plant 10 be
built by the steel corporation at Sand
wich. Ont, just across the river from
Detroit.
G. X Worms. of NewburRcr, Worms e.
Newman. has applied for membership in
the Produce Exchange.
At public auction yesterday 100000
first mortgage 4 per cent gold bonds OF
the Denver. Northwestern a Pacific Rail
way Company. issued under the deed OF
trust dated September |. 1907. to the Mer-
camille Trust Company. OF New York,
aud deposited as collateral to secure the
same amount of collateral trust notes OF
the Colorado Utah Construction Com
pany. dated May ]. 1909, were sold To "A
representative OF the reorganization COM
mittce for 100000.