New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-02
TOPICS OF THE STREET.

FOREIGN TRADINCi.-FOreiCn houses dealt in
10000 shares in the local market selling $1,000 In
London consoIs were firm and the copper shares
strong Rio Tintcs making sensational advance.
Money was IN good demand in the British capital at
unchanged rates. There were no movements OF i'm
portance on the Continental BOurses-
GRAIN EXPORTS FOR THE WEEK--'Brad-
streets reports the exports OF grain for the week
with comparisons. figures In bushels. follows:
Wheat -four included 2s57423. against 1882 49l last
week 2.SOO4 76 IN this week last yea~. S0I936 in
1905 and 323t5O in 1892 for the fiscal To date
121 673 52S compared with 9i57SS72 in 19Ho6. 4Sf7-
4s in 1901 O5 and 1871 4296t in 19OO2; 3SGCi55
contrasted with less 6SS last week S765O6S in this
week year ago and 4171,279 in 1905; for the fiscal
year TO date. 426SS.611 against s4Ie.dS In 1866
and 1873. 23l in 1904-'o5
WATERBURY, DIVIDENDS-The directors OF
the Waterbury Company of New Jersey have de
clared the regular quarterly dividend of Per cent
on the preferred stock and a quarterly dividend oS
Oh per cent on the common stock payable April l.
The directors of the Waterbury Company of West
Virginia have declared the regular quarterly div-
dend of 1 per cent the stock. payable April l.
Books close March 20 and reopen April I.
PITTSBURG & LAKE ERIE.-At a special meet
ing the stockholders of tine Pittsburg & Lake Erie
voted u increase the capital Of the company
from $4,000 900 to authorized amount OF $S00O0-
OOO This is in accordance with the plan announced
by the directors in January The directors will
meet within a week to decide whether any of the
stock shall be issued at this time. and. if so.
what amount The Lake shore bare ma
1ority Of the present stock issue.
THE COPPER MARKET.-Sales OF small lots Of
lake copper have been made in New York this
week at 25&4 cents for spot shipment. The market
for round tonnages holds strong at 25ls cents for
futures and II is doubtful II any copper for March
could be obtained for less than IS cents pound
The Official price for lake copper was advanced
yesterday u
CORN EXCHANGE BANK REPORT--The Corn
Exchange Bank reports that at the close OF bust
ness on February % it had among its assets loans
and discounts SS3 2Ss.9Oi IS; stocks and bonds.
81 I61 o. banking and lots, SECS 595 90
mortgages owned. $SOS.500; due from banks. N.IS2-
CSC AZ cash. S11 T255s2 o. making total of SS1.7OS
4S2 g. II also reports net deposits of $s6s1so 20
and surplus and undivided profits OF SASH 2fl 56.
COTTONSEED OIIA-It is said that the cotton
seed oil market has been manipulated 10 such
high point OF values that speculative interest is
the wane az the moment. The bears afraid 20
act on their convictions for fear cs having the
market rushed up on them by manipulation. Mean
while. there a pretty good demand for the spot
article. with the temper of the market firm.
PIG IRON CERTIFICATES.-Pig iron certificates
az the New York Produce Exchange were steady to
firm. but there sales. Prices for standard
foundry follow; Cash. S21 80 bid; March. S2s bid:
April SCI % bid May S2l 60 bid; June. SCI Is asked
and July and October, s2l 50 asked
NAY PASS BETHLEHEM DIVIpEND.-Charles