New-York tribune., 1909-12-17
TOPICS OF THE STREET.

FOREIGN TRADING.-Tra for
foreign account were light in volume,
amounting TO less than 1000 shares. all pur-
chases. The chief buying was in Rock
YUKON GOLD OFFERS. r. Guggen-
helm, Of the Yukon Gold Company, has is
company. in which IL is stated that at a
recent meeting of the directors II was de-
cided to reduce the Indebtedness of the
company 10 the Guggenheim Exploration
Company, amounting To s2.S22, 900 for money
advanced for construction and equipment
purposes. With that end in view, the Gug-
genheim Exploration Company has offered
TO purchase at par 297. 800 shares OF Yukon
Gold STOCK now held in the cOmpanys s
treasury. and available for sale. II is
agreed, however, that the Yukon Gold
Company shall have the privilege of offer
ing the above mentioned stock 10 it's stock
holders at par, on the basis of one share
for every ten shares standing In their
names on January 10. 1870 provided, how
ever, that the privilege Is exc cised by
stockholders resident in the United states
prior To February /, 1910, and by nOn-resi-
dent stockholders prior TO February ll5.
1910 the purchase price to be paid In New
York exchange cOncurently with the exer-
else OF such privilege. The purchase OF a
full share will be permitted where the hold
ings of any Stockholder are OF such an
amount as 20 make his allotment result in
a fraction. Fractional shares Will not be
issued.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: American
TypefOunderS' Company. regular quarterly
II. per cent on the preferred and l per
cent on the common. payable January 10;
Columbia Bank, regular seml-annual per
cent. payable January 3; Lawyers Mort
gage Company. regular quarterly 3 per
cent, payable December 81; the Phlladel
phia Company. regular quarterly ll2 per
cent on the common. payable February 10:
Westinghouse Electric and Manufacturing
Company, regular quarterly "a. per cent on
the preferred, payable January 10, American
Locomotive Company, regular quarterly Ia
per cent on the preferred; Rio Plata Min
Ing Company initial IL per cent, payable
December %. Second United Cities Realty
Company. regular semi-annual 2iz per
cent on Series a stock and an extra Ia
per cent. payable February l: De Long
cent P1yaSe M Eer tIay csp and drGs1 an
extra l per cent. payable December 81.
LIBERTY NATIONAL BANK.-The Lib
erty National Bank has declared the regu-
lar quarterly dividend Of s. share and
an extra dividend of so share In re-
cent years the extra disbursement has been
s. share. II is officially stated that the
cable to dividends were largely I'm excess
of the amount required for the disburse-
ment ordered at Wednesdays meeting of
the board. The dividends are payable jan
uary l.
GOLD EXPORTS-There was with
drawn from the Sub-Treasury yesterday
West Indies since January I gold
ports from the United States have
amounted to slO2,S5O.0OO. of which sac,
to Brazil S13 800, 600 TO Paris, s13,75O. 000
10 London. SiI.250.000 To Japan. 100000
20 the West Indies and s4.OOO.0OO TO Hol-
land. Sterling exchange was strong yes
terdsy and IL was reported that arrange
rnents were under way for gold shipments
TO Europe next week
ELECTRIC COMPANY INVESTMENTS.
Williams Mcconnell & Coleman. of No.
so Wall street. have issued circular on
the Empire District Electric Company.
which owns light and power companies
i, "a "A
good market for the securities of the
company and offers them as attractive
inves tments possessing substantial under
lying values.
L v. DIVIDEND UP-The directors
of the Louisville g. Nashville Railroad
have declared a semi-annual dividend OF
cent basis. The last preceding payment
was AT the rate OF per cent a year.
NEW STOCK EXCHANGE MEMBERS.
James p Travers. Harold 5. Gladwin
and Augustus w. Kelley, jr, were elected
members OF the New York Stock EX-
change yesterday.
NEW YORK SAVINGS BANK-The
board Of trustees Of the New York Saw
ings Bank has declared a dividend TO de
positors for the six months ending De
cember 81. at the rate of per cent
year
HONESTAKE DIVIDEND PASSED
The Homestake Mining Company has
passed It's monthly dividend OF so cents
a share. owing to the temporary closing
ELECTED DIRECTOR-Frank A.
Munsey has been elected director of the
Second National Bank
OFFICERS ELECTED-B. L. WOll-
man. of the law firm OF WOllman & Wolf
man. has been elected president of the
BIeecker Street e. Fulton Ferry Rail-
road Company. and James A Wright. OF
the banking firm Of HUM, Edey e Co.
secretary and treasurer.
FIDELITY TRUST DINIDEND.-Direc-
tors of tile Fidelity Trust Company OF New
York have declared the regular semi-an-
nual dividend OF 3 per cent, and an extra
dividend of ! per cent. payable To stock
holders January l. Books close Deccm-
her "a