The Washington herald., 1914-05-14
WALL STREET GOSSIP

United Cigar Stores declared regular
quarterly dividend Of ~ per cent on
preferred stock payable June Is 70 stock
record June I.
The American Sugar Refining Company
has declared the regular quarterly divi-
dends OF s-4 per cent on the preferred.
and - per cent on the common stock.
Pittsburgh Brewing Company has de-.
clared the regular quarterly dividends
of "a per cent on the preferred and
per cent on the common stocks.
| The North Penn Railroad Company has
declared the regular quarterly dividend
OF 2 per cent.
| Missouri. Illinois. Ohio. Indiana and
Michigan public utility commissions viii
meet In st. Louis. May q. to hear plan
of Wabash Reorganization committee.
At the annual meeting of the General
Electric Company. BENJAMIN Strong. tr..
was elected a director. succeeding c. p.
Moore Other directors were reelected.
The Missouri Pacific offers to extend Its
5 per cent notes. due June next. for one
year at per cent interest with addi-
tional security deposited under the ex-
tension agreement An extended notes
are subject to redemption at l01 with ac-
crued interest at any time In sixty days
notice.
The governing committee of the stock
exchange consisting of the old members
and the new ones yesterday met for or
ganization purposes. The new members
were installed. Charles NJ. Newcombe
was reelected vice president.
The members of the standing commit
tees of the exchange will be announced
at the conclusion of the regular semi
monthly meeting of the governing COM
mittee.
At the annual meeting OF stockholders
of the Delaware & Hudson Company yes
terday, the retiring board of managers
was reelected. The annual report has
been published.
The board of Enanagers will meet to
organize on May q.
The listing committee Of the New York
Curb Market Association has admitted
the following to quotation: 100000 vot-
ing trust certificates of the Boston and
Montana Development Company. repre-
senting 1.1oo.oo0 shares Of stock. par value
s.: and fifty shares of preferred stock
and 10000 shares of common stock rs
and IL issued of the National Cloak and
Suit Company, both of par value OF
800.
That there Is no immediate indication Of
a government monopoly in tobacco in
England al the present time may be de-
rived from the fact that Il United
Cigar Stores Company Is planning to
operate a string of stores In Lordon. |
As announced by this paper some time |
ago George ]. whelan. for the United |
company, was in the British city nego- |
tiating for the acquisition of a string of
existing stores there and the plans con-
templated the formation of an English
Concerning the new tariff reducing the
duty on sugar. President II. r. Duval,
Of the American Beet Sugar Company,
says:
1T is reasonable to, believe that this
act will be rescinded when. by thorough
Of the worlds sugar pro-
1uction, the President and Congress win
understand the uneconomical effect of
ie-troying a domestic food industry which
supplies over per cent of the consump-
lion of the country. The domestic and
nsular production Deing destroyed this
country will become dependent entirely
upon foreign production. the price of
which. in past years. II has reduced by
IN amount greater than the full tariff
heretofore collected.
THE Bureau OF Corporations is now.
With the cordial cooperation of the off,
,ers and employees of the beet sugar COM 3
,anies. making a careful investigation of
he industry.
THE government OF Continental Eu-
ope imposed a high tariff on the i'm
'ortation of sugar for the protection of
heir beet farmers"