New-York tribune., 1909-06-29
TOPICS OF TIE STREET

,.,- PA0INIG-Foreign houses We're un-
Fo.-+ factors IT the local market, buying about
tnlO-, ,-.ssr5 shares. Arbitrage business probably
Two 80 +ran On any day in the current year.
sEs Tondor market prices were inactive and the
L - IEe ~ trading was small, American issues
" --,rb presenting no feature Can money at the
tne - .sa,i+aI was frrner. with advance for
BIZ - - of the month as high as "a per cent An
tAe business was reported in short time bills.
&C. pank q England secured the flooo.0oo South
In ~ gold offered in the open market and re-
L. @s s755 600 from Egypt and $1,000 from France
80 e1cFarge on London was weaker. Con-
5,1.-+sl discounts were unchanged
-~>1=rn STATES STEEL'S PROGRESS--A
C--,o the United States Steel Corporation was
Ee1-,.tnp 81 Per cent Of its maximum capacity
op.a+3ors are NOM approximately g per cent,
~ ~ Il Der cent in twelve nonths- ms ferecLs
fs- s.a = pain Of all steel companies over the last
hS 80 months The capacity OF the United States
w, r-[-r-orarion is much larger than II was two
6e 20 Z IS il a position to turn out at least
gee.aasS -ons ,7f finished and semi-fnlshed steel
-. .sIs-' 2 year. To reach this level production
To- hsva 10 show an increase Of about 3.500,o00
80 As shipments are now running at ule Tale %
80 Q nbn 900 tons z year
1oI.n FxPORTS-Goid TO the amount Of So
,aS 6ao y4u be shipped TO Holland TO-DAY. OF whlch
= nan 600 viii be in coin The National Clty BaIA
1 ss,5 s. COO 600. and Heidelbach. lckelhelmer &
y e aaA 600 Total gold exports since January i
"a ss5 900 OF this amount S2i50S3o2 has gone 10
e,+b America. chiefly to the Argentina, Tor Lon
81 soool,rt notwithstanding the offering OF olIls
.esst gold shipments foreign exchange vas strong
r-s-dsz- with the indications pointing 70 Iut1e
s.-Tor4s Of the metal
-1TnF&DS DECLARED-Dividends have heeh
.oiara5 as follows: Northern Pacinc, regular
srr=rl, Isa per cent payable August 2; CarneWe4
~ Alarm Telegraph Company, regular quarleTIy
- - cent payable July /; United Metals soelIlhs
rSo-5ns-s- regular quarterly per cent II b
S1sei7 COMPANY. regular quarterly ? per cent on
- common, payable July Is; New York ontario
: western regular annual per cent, payable
August ; ,>-- >, +,
GENERAL. DEVELOPMENT COMPAN1.-It Is
rsa-srnod that the General Development Company
a. n~enaring a circular which sets forth that q %
- cent dividend E-il be credited to the STOCK
tol5ers which will be applied TO the 20 per cent
si5 stock th.s making il full paid The company
~ which Adolph Lewsonn IS president has an out
stsD6ing captal Of S25ao00a. 20 per cent PAID ana
q close corporation II controls mines located IN
Tontsna. California, Arizona. Canada and Mexico
STATE BANKERS CONNENTION--Owing TO
he recent burning Of the Fort William Henry
15o--l o. Lake George. the New York state
Fsnlers' Association. which was scheduled 10 meet
er thar place on July Is and Is VIII hold its con-
Tertion al the United States Hotel, Saratoga, On
lie same days
CAPITAL. INCREASED.-Noyoe has been fled in
illinois and Indiana OF increase in the capital
srock If the E1gin. Joliet & Eastern Railway Com
panv from SIS cg0eno 20 100000. and OF the Chicago
Lake Shore & Eastern Railway Company from
S7sla0j se.6So.00o-