New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-05-12
INVESTORS READ
The Wall Street Journal
TOPICS OF THE STREET.

FOREIGN TRADING Foreign houses tads1
both sides OF the local market, with sales e1cse5
purchases Rock Island was actively oolsI-, -,
the movement was Offset by the selling o. 80 -
States Steel In the London market conso,s -
fractionaIly higher. while tie general rarAs. ~
firm and dull Call money 81 the britlsh - -
was hrmer In the settlement the contanso
American shares was 2ts per cent. and tne =.
charged > per cent for stock Exchange loans
fair bull account was shown. On ths Fars 80 -,
rentes and Russian IS were higher no -
closed lower
INTERNATIONAL. STEAM FUJF.-At TIE. =
nuaI meeting Yesterday Of the Iuteruationai -
Pump Company the presidents statement 70 = -
holders said that in the last year. on d''oil. -,
rigid economies TN The cost OF prodl'tloi. !. sr
tracts were taken except those Yielding laA -
gin OF profit BY the Introduction OF -
cost system determining the prices az W. 80 E
would accrue TO the company radical 'Ha- - -.
effected in the rcsult Of the COMPANY ; -.
for the fiscal year ended March Sl' a. ..,r-
BY the large percentage Of net profits S..at
pared with the volume OF business. lhS - =
son shows the following result cross plSI a. -
per cent OF the preceding year. nel 49,, Cor m
cent Of the preceding year The ou'i., -srsrf
company is extremely bright. judging uVl. ~. rs
contracts signed This is especially true ol .ses
engine business indicated In the itSt -, ,ra~
by sales amounting 10 more than S-n'''''. tr m
ufacture Of gas engines is something neN u-sssus
company so the increase Of S2Ue.'eo s-sss
added business over last year The o us Ia ~
the company is now running at the rate q - n
probation S444 600 in the year which = vrsgssr
figure for this account William g Ian 4;rscsos
Barbour and w n Jordan were elected ~ ~ ssr~
in the places Of ]. W. Dunn. Cord Never -, uss
uel Untermyer. The other retiring dlTe0'o
reelected. nssa
DEMAND FOR GOLD BARS -IheFe ,,,ssr %
repeated Inquiries for gold bars for snlL~ vnsr.
Europe but the supply here IS 50 low tha1 -s. r.
ers have been unable 10 secure the So Asa
quired. The present facilities OF the 'o--Es 90
Office are such that 1t is impossible 10 srscfsi
bars In quantity. and until the new pian1 = Tns
IL will be impossible to meet an active t0isa rnlri
cost of getting gold bars at the PrlAieskbIs er
is too great to make the operation pfv-,,,- hzhs
cept with exchange rates at a ma s-,As ysr
level The suggestion was made III tls = 5scoE-
terday that the government was trylns ~ -ovsrr
age gold exports but this was denied ~ tSs rsF
ment officers. who explained. as Just TO- cor sn7
son for the scarcity Of gold bars avallanie fshss
ment. If the Secretary Of the IFees-i' ,r4 ~
place an embargo on gold exports ne SVN~
the price of bars. "a -
DIVIDENDS DECLARED.-Llvldell ,,r rs
declared as follows. Quaker Oats CoDlp5 a.
ular quarterly y per cent on the preIsl' 81. -
able May 81. and the regular quartelI[S ,1F q
cent on the common and an extra o ONE. f,ajcss'
per cent on the common. payable JuIy -, - -
Telephone Company. regular quarteIy, 5;-hs -
payable June so Kings County ElectliS - -
Power Company. regular quarterly
payable June 1. - -fes
FOR INCREASING CAPITAL 81 SS--,rsss
stockholders of the Bond and MortSaSs