New-York tribune., 1909-09-22
TOPICS OF THE STREET

-,oprrGN TRADING-Foreign houses dealt IN
80 shares IN the local market. buying on hal
snce IN the London market American stocks
-s~e irregular with heavy tendency In the after
- o,srstions while IN tls general list prices
-. e4esdv without important change Gail
money was easy st the British capital and dis
80 -zsth Indications pointing 70 further strength.
To1Son money conditions promise 10 develop
higher rates as consequence "a '4ie
oen1l.~-TpoAD GROSS EARNINGS. Aggregate
- earnings Of twenty-five roads for the fourth
60 ~ August we're SIS 256,O ,O59. as compared with
Nees e, for the same week OF July 1909 and SlI-
s-,ss, during the fourth week OF August, 1908
e..bsr comparison is made with the fourth week
= Aur,lst 1907 during which time the total re-
-.,-red was SS.SS.sS' or only about SB0OOoo more
- e,r the same week OF the present year The
.otsI for the month was Sios6S24S, an increase OF
e ~ n00 over fhe figures Tor July, this year. and
,ss rer cent more than the total for August last
- -7,s acEregate fer August, 1907 was a little
- $40 90 ir excess Of similar figures for the
.-~.srou4ine month Of the current year. Further
so-e With the exception OF October. 1903. Augusts
sgr-egate is the highest since the panic Of 1907
DIVIDENDS DECLARED Dividends have been
declared as follows: Central Railroad Of New
Te-sev regular quarterly per cent, payable Nov
,Far Is. Trust Company OF America ~ per cent,
80 ble october O. American Telephone and Tele-
rrsuh regular quarterly per cent Tide Guarantee
and Trust company per cent, payable September
"a. Corn Products Refining Company regular quar-
tarly per cent on the preferred. payable October
u: American Agricultural Chemical regular semi
annual per cert on the preferred, payable Octo-
her &. National Bank Of Commerce regular quar-
terlv per cent, paYabe OCTOBER ]. Naming, Max
ypi & Moore regular ouartarIv IL per cent, pay
sbie October T. and Z. W Bliss & Co regular
cYsrterlv per cent on the preferred and ~ per
cent on the common, payable September .
STEEL PRICES ADEANCED.-PTlces for all
classes of steel and iron continue 10 advance. A
sale AZ 800 tons OF low PHOSPHORUS iron was made
hv an Eastern min at ST ton Since then the
rrice has been advanced 10 SIS a ton Sales Of
rIets made by the same mill SIS ton.
several OF the independent companies are selling
Hr~c 4rr1TT faT ~ a
pounds. The base price Of certain Independents
Is 8 - for loo pounds. Premiums ranging
from s. 10 q q ton are being paid for shapes and
plaTes for immediate delivery
THE COPPER AIARHET.-Pr Producers and selling
agencies report better demand for the metal
from domestic consumers. Sales have not reached
large proportions vet. but consumers are tax
inc more interest in the market While copper is
quoted as low as 12c pound. the United Metals
Selling ConE&Ty j. making fairly large sales on a
hasis or l"14c pound This IS taken as an indt-
cation thar very little business Is doing below 13c
Ext Pa NICKEL DTVIDEND.-The directors Of
--a Irterratioual Nickel Company have declared
ta4 regular quarterly dividend Of per cent on the
common and extra dividend Of = OF I per cent
Trey also have declared the regular quarterly diyi-
demo az p per cent on the preferred
CORN PRODUCTS DIRECTORS directors
n the Com Products Refining Company have
elected George n AIoffetI and Frederick Fisher to
-r.a board T directors IN place of the late f o
Fa~z--u and JOY Morton resigned.
NFE YORK MORTGAGE AND SECURITY
COMPANY DIVIDEND INCREASED New
York Mortgage and Security Company has declared
quarterly dividend of per cent PAYABLE October
q This rajees the rate from 10 10 1o per cent a
yesr
COTTON EXCHANGE SEAT SCI.D.-The Cot
Ton Exchange membership Of the late Thomas T.
Prop7v has been sold 70 Edward n. Weld for
Sis5o' This IS an advance Of $500 over the last
DrE0eSi-s sale.
LAFAYETTE TRUST DISTRIBUTION
UT-nner-e1t is made b- the receiver Of the Iafav-
erte Trust C0rrrsny- of RroCkvn. of & payment Of
90 per cent 70 de-ositors on October /. This will
he the second payment
PETITION TO close STOCK EXCHANGE
Tbs ne7lffS ci The stock Exchange have peri-
noned me hoard NJ governors 10 close the ex-
change rr SATURDAY. next