Show I Wall Wal Street B Briefs I NEW YORK Dec Dp I 12 Before lAP Before end end of ot th tile year sever l Important Important dividend policies will wi come up for de tie tie- With the tue Southern Souther New York Central and nd Baltimore Ohio now noW out of ot the way the tile greatest Interest at attached attached at- at to to the meeting of ot the Missouri 1 Kansas Kansas Sr Texas directors director scheduled to for December 21 More than than a year ear ago theSe the the roads road's executive committee an announced an- an noun flounced ed that It would await awat the results of ot 1026 1925 before placing Its preferred stock on the tile full ful 7 per cent rate The years year's earnings can Ca now be safely estimated estimated est est- esti esti- mated but meanwhile new Interests heated b by I. I L. L F F. Lorec Loree Lore have obtained a voice In the management and are said to be more interested In a consolidation than In a higher r dividend Another southwestern road whose dividend possibilities are attracting at at- at tenton in Wall 01 street is J the Missouri Pacific Because of 0 a a heavy lation laton on the preferred the next meetIng meeting meet meet- met met- Ing In of ot directors before Christmas wilt will vi be closely watched for action to reduce the amount of ot payments pa in arrears The rue wide Influence which the federal fedEral reserve banks bank of 0 this country countr are exerting I is reflected In their latest plan to to assist In restoring Eel Bel- glum to a sound monetary system Al Al- Al though the banks have always been empowered to invest In foreign bills il it IS ix only within the past few years that thai they have found this an effective means mean of opening credit facilities to other na na- na the leadership dl the New York bank these Institutions are now quietly operating co-operating with Great Britain Belgium Poland Japan and other countries in in the matter of exchange stabilization Net income of the American Car and Foundry company for the six months ended October 31 totaled after taxes and charges This Is s the first semi annual statement Issued cl by the company which announces that the practice will be followed hereafter Al Although Al- Al though no comparisons with the corresponding corre Corre- period of last year are available available avail avail- able net income for the entire fiscal year ended April 30 1025 totaled 6 The State Rank Bank of New York has declared a stock dividend of 25 per cent In addition to the regular quarterly pay pay- meat ment ot of 4 per cent Directors have called a special meeting of stockholders ers s for December 24 to vote on a proposed proposed pro pro- posed increase In the capital stock from to Present holders of seven shares will be offered rights to subscribe to one new share at Directors of th the Auto Sales corpora lion tion have resumed dividends on the pre pre- ten ten-ed stock by authorizing a payment of a share The last previous div was paid In 1021 Stocks of refined copper In the hands of North and South American totaled short tons on December 1 compared with tons tone on November No No- vember 01 5 the American bureau of metal statistics announced today |