New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-09-19
Relevant Facts

Southern Railway.--A letter to stock
holders, signed by the president OF the
company, Fairfax Harrison, giving no
tce of the annual meeting to be held
in Richmond. Va, October 9, states
that the cooperation of the stockhold-
ers is earnestly invited to continue the
successful practice established three
wears ago of making the annual meet
ing not merely a conventional routine,
but a forum for the expression OF the
views of individual stockholders upon
the policies and problems of the com
pany."
American Stores.-It was announced
yesterday that the stock of this COM
pany, offered by a syndicate headed by
Chandler e. Co. and Counselman Co.,
of Chicago, has all been disposed Of
and the syndicate dissolved. Sales of
the company from January l to August
II, 1917. totalled S34, 702,347, an IN
crease of SO per cent over the CORE
spending period in 1916.
Great Atlantic and Pacific Tea.-For
the six months period ended August
81 total sales were $5s,O4S,477, COM
pared with s33,326,938 for the CORE.
sponding period a year ago, gam OF
"a per cent The company, It Is report
ed. is opening new stores at the rate
of three day, and in the last SIX
months 558 new sites have been opened.
On September / the company had 3,4oO
stores in operation.
Dividend Observation-Disclosures OF the
American Agricultural Chemical Com
pany have declared a quarterly divi-
dend Of ~ per cent on the common
stock. an increase of Il of ! per cent
over the preceding quarter; also the
regular quarterly dividend Of u per
cent on the preferred stock, payable
October Is 20 stockholders OF record
September "a.
4 dividend OF 4 per cent has been
declared by the Westmoreland Coal
Company. making total Distribution
OF 10 per cent for the current year
Dividend is payable October ! TO stock
holders of record September 10. In the
preceding quarters OF III olNi"enus "
pcr cent were paid.
Tho steel Company OF Canada. which
has been paying annual dividends or !
ner cent on the common stock, and
bonuses of per cent. has declared a
quarterly dividend of " per cent on
tLo common shares and the regular
quarterly dividend of laA per cent on
the preferred stock. payable November
| TO stockholders of record October 3O'
Chicago. Indianapolis & Louisville
Total earnings of the company for
the fiscal year ended June 80 last
amounted TO SS.7245s2. compared with
81 Ggi. 1874 the previous year. Net earn
ipgg after taxes were S2,543, 0OS. an in
crease Ct 1926, 722. Last years surplus
after allowing for preferred dividends
was s952.9l4. equivalent TO S9OI a
share on sl0.500000 common stock,
against $3.50 a share the previous year,
Anglo American Oil-This company
reports for the year ended December
81 last profits of sl,122,s7s, from
which were deducted for depreciation
of steamships f2S2,716; interest and
exchange G12,974, and income tax OF
SOP 1898. The resulting surplus was
s6O4 .S9l. After payment Of dividends
there was a final balance of flO4,S9l.
Bethlehem Steel Corporation.-The
adjourned special stockholders meet
ing. scheduled for yesterday, was
postponed until Tuesday, September
Is.
Continental Can.-Stockholders, az a
special meeting yesterday, according
TO Denver advices, voted TO increase
the company's capitalization from 49,,
OOO. 900 to s12,000,O00. The directors
will decide later as to the distribution
Of the additional stock.