New-York tribune., 1909-09-30
TOPICS OF THE STREET

--op4-Tc.N NTRADING-Foreign houses dealt in
n ooo shares in the local market mostly pur-
@e.VUo - 1-nted states Steel. In the London mar
a.. American stocks were strong, and the general
ISL was hrm closing under the best figures. The
-a,irernents over the end OF the month caused a
,.ter demand for money at British capital, and
tes for call loans were appreciably higher. Paris
exchange on London declined &c and Berlin eX-
change was of pfennig. The Bank OF England
sent 100000 gold 10 South America and 100000
10 the Continent
DIVIDENDS Observation-Disclosures have been
s.clared as follows: Gallatin National Bank reg
- semi-annual per cent, payable October 6;
American Brake Shoe and Foundry Company. reg
Mar quarterly = per cent on the preferred and
ner cent on the common. payable September 80;
Snrngfleld Railway Light Company. regular
quarterly ] per cent, payable October ]; .Htna
Ns+ional Bank regular quarterly per cent, pay
sble October J. and Anaconda Copper Company,
regular quarterly so cents, payable October 20.
THE COPPER MARKET-Producers and sell
,rq agents continue 10 report moderate improve
-,ent IN the demand for copper There are several
,a-re injuries in the market for copper for de-
li,ery in the quarter OF next year but dealers
a. -, are 10 sell the metal for delivery so far
.bead al current quotations. A sale OF 100000
,,,unds Of copper made at 13 u cents pound
sor delivery in December, yesterday.
A MARKET OPINION.-Penington Colket &
Co. members Of the New York and Philadelphia
.,ocl, exchanges. says: There has been n block
of l. G. J. hanging over the market. 1t was
cleaned up to-day around 81 4 a 81 a. and the buy
ing has been very good. We look for IL 20 sell
considerably higher, and there has been strong
moo formed among the best houses in the Street"
WESTINGHOUSE RESUMES DIVIDENDS
The Westinghouse Electric and Manufacturing
Company has declared quarterly dividend OF =
ner cent on the preferred stock ana 31s per cent
accumulated dividends. This restores the stock
70 the : per yearly basis and leaves per
cent stin due the accumulated dividends on
the preferred stock
PENNSYLVANIA RELIEF FUNDS.-With a
membership Of about l3S 600 men out OF approx
rnately l5S. .000 employees the Pennsylvania Rail-
road system relief funds paid out in the month of
August the sum OF sl43.sss IS. According 10 the
report for August, issued yesterday, there has
been paid in benefits since the relief funds were
established in 1856 a total Of s26.s46644 06.
ONTARIO & WESTERN DIRECTORS RE
ELECTED.-At the annual meeting Of the stock
holders Of the New York. Ontario Western
elected. The board met yesterday afternoon and
organized by the reelection of officers
MOVEMENT OF MONEY-The Bank Mont
real shipped $4,000 gold 10 Canada yesterday,
making total shipments far this week $1,000
The banks have lost heavily on their operations
with the interior this week chiefly shipments 10
the South and Southwest also on their transactions
with the Sub-Treasury.
LAFAYETTE TRUST COMPANY PAYMENT
An order was signed yesterday by Judge Aspinall
allowing the state Banking Department 20 pay
dividend Of % per cent 10 depositoTs OF the La
tsyette Trust Company, Of Brooklyn. In May
payment Of 10 per cent was made The present
dividend is payable October l5-
OFFERING OF BONDs.-N- W. Harris 60.
are Offering 10 investors s. 01000O Oregon Electric
Railway Company first mortgage per cent bonds
m s6 and accrued interest. yielding about 81 per
cent The bonds are secured by a first mortgage on
the entire property Of the company, which cost
than S3.00OO00.
CRIPPLE CREEK CENTRAL4-At meeting OF
directors Of the Cripple Creek Central Railway
lorenzo Semple elected vice-president in place
Of Charles F. Aver He was also elected a member
Of the executive committee. in place Of Spencer
Pernrose.