New-York tribune., 1907-06-01
TOPICS OF THE STREET.

TOPICS OF THE STREET
FOREIGN TRADING-Foreign houses dealt IN
150oo shares in the local market all sales In Lon
don cOnsols were frmer and the general market
was quiet and FIRM There was no change Of i'm
portance in foreign money rates but slight de-
cline i'm the Paris exchange quotation on London
The Bank of Ensland's return was well liked in
financial circles, the showing being especially stro
In view of the French demand for gold Ipdi~a-
tons appear point 10 further Withdrawals OF gold
for Paris account. both from New York and Lon
don.
DIVIDENDS DECLARED.-The directors of th-
Safety Car Heating and Lighting Company have de-
cared the regular quarterly dividend of > per cent
and an extra dividend of per cent, payable July /
The Ciusgenheim Exploration Company has declared
the regular quarterly dividend Of 2Ie per cent nav
able July !. The General Chemical COMPANY has
declared regular quarterly dividend OF II, per
cent. payable July I.
ST. PAIL Secretary Ely of the Stock Exchangs
announces tdat all transactions in Chicago. NIL
uaukec & St. Paul Railway Company nstaIment
certificates for preferred and common stock until
further notice viii be irst and second ius,anents
- per cent paid, except transactions for cash to-
day.
UNITED STATES MORTGAGE AND TRUST
COMPANY-The United States Mortgage and Trust
Company has opened branch Institution az
125th street and Eighth This branch Will
be under the management Of r. l. servOss.
UNITED STATES TREASURY SURPLUS.-Ths
Treasury surplus for May is SS500,00o and for ten
months of the fiscal year nearly S65.000,000. For
the fiscal year 10 date last year the surplus was
less than s5OO0.OO0, New Orleans estimated
cepts of cotton 500 bales, against 1f27 last
week and 1902 last year
CANADIAN PACIFIC CROP NEWS.-Telegraph-
ic advices from agents along the line OF the
Canadian Pacific To the effect that spring wheat
Seeding practically completed, and that in
sections the wheat is from 10 inches high and
GATES co. LIQUIDATING ACCOUNTS
With the exception Of a few small accounts, the
business Of the firm Of g. G. Gates & Co has been
Hqufdated. It is expected that the books VIII be
entirely bare of accounts by June %
ROCK ISLAND BOND SALE-It Is understood
that the result OF Rock Island bond offering by
Speyer & Co. quite satisfactory, both here and
I'm Europe the applications from investors Of mod
crate means in this country being especially graft
flying.
CURRENCY MOVEMENTS reported ulovs-
ments of currency this week indicate loss IN cash
held bv the banks of s504 500 The gain from the
Interior nearly offsets the loss by gold exports The
hanks received from the interior 2G0 and sent
to the interior 223 600 including S07o0 national
bank notes sent 10 Washington for redemption
The gain from the interior was s2-ss02o9 Receipts
OF new gold were S1,017 800. namely; on New York
Assay Office checks H.Ns@caF San Francisco
Mint checks $4,000. md on Seattle Assay once
checks ST. go Gold exports were $-,So,+9 IN oa-s
To Paris The loss on Sub-Treasury operations
proper was s. .2D7s The total Ioss-by gold ex-
ports S2sl04Oo and 20 the SuD-Treasliry Sl-o')Q--
was s4OlSSO0. DeductnE the gain from the Interior
81 POO by gold SL0l7,312 IN all S3113510,
the net loss was SOi 500. The gain from the in
terror is the largest for any week since the end -
March. The receipts chiefly from nearby
points anG from the South. and from that section
were the largest for any week tits year Ship
Inents TO the interior light. and were rs
smallest FOR any week this year
} STRUCTURAL STEEL--It is estimated that 4
total OF between 10000 and I15.o0 tons OF rev
structural steel business was placed in the month
OF 1Iay-the largest reported in any single month
since the first of the year The American Bridge
Company did not fare as well usual from r-4
point Of view OF percentage Of orders 10 the total IS
new business in MAY aggregated about +1tt' tons.
or about ~ per cent OF the total Since the first y
the year the business booked hy the American
Bridge Company has represented about % Per cent
OF the total large orders FOR structural steel
/ are pending. particularly in the Middle West
GRAIN EXPORTS FOR TIE WEEK Bad
streets reports the exports Of grain for the week
from both coasts with comparisons, HslTes n
bushels as follows: Wheat. -four included. 24,l-
ssi against 36S46S3 last week and 2.5267S9 in this
week last year 1903 225 In 1905 and S9006S5 in 1872;
for the fiscal year date. l556Sl,760. compared with
I25 S26I06 in 1876 0s, 5S5S5,t0 IN lf-o5 and +Ss-
I 3el in 1902 Corn. sS42 80, compared with L6Sall5
last week 81 Sl5 this week year aso and A.
sl4 in 1896; the fiscal date, 6+295 CONF
! pared with I07 7eo3.7oI in let5-56 and fS7e66 n
! lS0i-'O5.
/ UNWATERING OF HONIESTAKE REGJN--A
dispatch dated Thursday received from T j. Gr-er.
/ superintendent OF the HouvStahe NUlrS Company
at Lead. :. n. says
Water reached point seveHty-eiSat feet Allows
floor of -hundred-foot eve! AZ y O'Clock -ass
. night when flooding was STOPPED FIRE eNun-
suished somewhere between those points Six hum
. dred stamps started this morning Urwater.ns
begun"
] TRI-BULLLONS NEW ORE F0pIES- In ths
last sixty days tine Tri-B -BuIHou Smelr.-- and De-
i velopmeut Company has opeIed UD additional ors
bodies OF zine. lead and copper from new devsl-
/ opulent work az the Kelly mine. estimated by ths
comPauy's engineers To amounty TO fully &todd1 IN
I value.