Growth of Brooklyn's Transit Earnings and Dividend Prospects
An analysis of the Brooklyn Rapid Transit Company shows a shift from deficits to a 4 percent dividend since 1900 with rumors of a rise to 5 percent. The piece traces rising earnings, heavy maintenance costs, and planned expansions including the Fourth Avenue subway and elevated lines, evaluating financing options and dividend viability for 1912.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Brooklyn
Coney Island
New York
Wewece
Rosen Obekescsa Sensc
Sedeveses
Fourth Avenue
Manhattan Bridge
Bay Ridge
Borough
Company
Markets in Hands of Professionals Rise and Salmon Drags
Markets in New York and Boston show mixed action as call money climbs and bears press early. Southern Pacific leads gains with Union Pacific Norfolk & Western and Consolidated Gas following. International Harvester climbs to 123 amid positive outlook.
MENTIONED IN THIS ARTICLE
New York
Boston
Steel Common
Giroux Consolidated
International Harvester
St. P
Winona Copper
Calumet & Hecla Mining
Eaaeneeere
Ceeseerseccess
Renee
Pacific Nfb
Coast
Seattle
Pullman Eee
Torrington Cl A
United Fruit
United Shoe Ma
Am Tel
Illinois Steel Ss
Boston Consol
Boston Carbine
Butte Balaklava
East Butte
Giroux
Atchison Ee
Ono
Isle Royale
Boston & Albany
Kerr Lake
Miami
Fitchburg
Newhouse
North Lake
T & T Ste Eee
Allouez
Greene Cananez
la Salle
North Butte
Osceola
Quincy
Trinity
Utah
Victoria Seeree
Winona Sae
Wolverine
Edison Electric
Georgia
Ceees Eesaces Bam
Mergenthaler
On Columbus Consolidated and Company
City of Cobalt Mining Company
Probe Last Chance Mining Company
Nest Egg Gold & Copper Mining Company
Goldfield c. C. D. Consolidated Mines Company
Arizona Commercial Copper Company
Shattuck-Arizona Copper Company
Superior & Boston Copper Company
Butte & Ballaklava Copper Company
Ely Consolidated Mining Company
Homestake Mining Company
Wagner Azurite Copper Company
Little Bell Mining Company
Fly Resurrection Copper Company
Unity Mines Corporation
Oldfield Annex Company
Nancy Donaldson Mining Company
Stray Dog Manhattan Mining Company
Preferred stock yields seven percent amid reorganizational changes
The article notes a seven percent cumulative dividend on preferred stock replacing the prior eight percent non cumulative rate after reorganization. Common stock pays nothing now, but a five percent regular dividend is expected soon as earnings rise. The firm holds valuable plants and patents, with quick assets exceeding par value. News from Washington and anticipated presidential message favor market sentiment, with Sherman antitrust and interstate commerce reforms seen as beneficial to corporate interests. Trading shows mixed yet active movement with Steel common and Southern Pacific leading and many stocks fluctuating around the day’s close.
MENTIONED IN THIS ARTICLE
State Street
Southern Pacific
Union Pacific
Norfolk & Western
Consolidated Gas
International Harvester Common
Washington
Taft
Steel
Amalgamated
Atchison
Chesapeake & Ohio
Reading
Rock Island
Steel Common
Carl
Butte
Granby Consolidated
Cliff
Tamarack
Kerr Lake
Utah Apex
Giroux
Miami
New York
Winona
North Butte
Parrott
Calumet & Hecla
American Telephone
Giroux and
Boston & Corbin
Also Mentioned on This Page
R.T
Tras B. R. T
Nhen
St’k
the Debenture Corporation of
Francis A. Cave & Company
Milk St
Boston, Mass
Western Pacific By. Co
Salt Lake City
San Francisco
Chicago
Milk Street
Mass
Denver
National Equipment Company
Walter M. Lowney
Central Trust Company
The
Massachusetts
United States
Confectioners’ Machinery and Manufacturing Company
Kidder, Peabody & CO
Devonshire Street
Investment Securities Letters OF
Wall Street , New York
Baring Brothers & CO
London
Hornblower & Weeks
Detroit
Boston and
Congress Street
John W. Morrison
Eugene Crenin
Percy C. Browne
Private
J. M. Taylor & Co
Boston Stock Exchange
Congress St
Great Western Power Co
Shandler Bros
Tolows
Tamarack Mining Company
Cliff Lands
John S. Allard
New England
White Investing Company of
Mr. Allard
National Shawmut Bank
Irving J. Sturgis
Local Stock Exchange House of Gay & Sturgis
Rhode Island Coal Company Directorate
Walter M. Cameron
City Trust Company
Cactus Development Company
Cactus Copper Company
Granby Consolidated Mining, Smelting & Power Company, Ltd
Treasury
New England Cotton Yarn Company
Union Mills
T. B. Davis, Jr
United States Coal & Oil Company
Thompson Geo. N. Towle
J. Edw. Thompson
Jos. Remick
Jos
N. Lovell
W. F. Bartholomew
F. W. Holmes
Springfield, Mass
Broad Street
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