New-York tribune., 1909-05-19
topics OF THE STREET

- NC-Foreign houses sold
Fof-t. a.. local market 10 the extent Of twenty
tiOsnd shares on balance. the het'Vlest aeailIisS
thous---,o-tsd in United States Steel and Union
beng reg = tbe last two weeks London has been
PscH-...e seller here. and. according to advlces
Pels fror1 the other side. the speculative ele-
recsNee - r7ritsh ca pital is bearsh our stocks,
Tent :. the high prices at which they are selling
ealI55 o15on market was Inactive and teatureless,
Bne heavy tone in most departments. husslah
VII Tars-eea bonds were A trife higher Cali
arc 80 easv and discounts were firm at ull-
ro--5 quotations. Paris exchange on LONDON
cnal +-orger. Trading on the Continental bourses
Fss-S-r->-DS Fss Observation-Disclosures have been
pih pi.5 as follows: Calumet and Arizona Mining
os-sn-- regular quarterly. 81: international
tol,,l.Iaes Pov-7er and Chemical Company, regular
s1oA-1-- three-1uarters of per cent on the com
e.e -sz-shle july I; Quincy Mining Company, reg
= = ,--arterly s.. payable June p; Old Dominion
- - - Mining and Smelling Company, Of New
- - regular quarterly, 81, payable June lS; Old
.ass-.;o- company Of Maine regular quarterly. 50
.erts payable June -
o.---rSTNFNT BONDS-wiIliams. Mcconnell &
,,1isrsn Of No 81 Wall Street. have issued cir.
- giving information 10 investors OF a list of
co.+ive bonds which the firm IS offering. The
.. grr,rdes the general mortgage per cent honos
- he Denver Gas and Electric Company. the col
- o. tr,st per cent bonds of the American Gas
r. electric Company. and the Montgomery Light
- water Power Company. of Montgomery Ala,
e. consol dated per cent bonds
cT1-rT, TRADE CONDITIONS--The untitled ton
g NJ the United Steel Corporation Is expected to
- : material increase in the current quarter
~. of the strongest features Of the iron and steH
.nstion Is the heavy demand for wire products
-birh has increased notwithstanding an advance
.bis week Of 8 q ton in prices. General prices in
eve steel trade well maintained. and on the
bssis of current Indications many steel men oeheNe
.Ee trade will be normal by fail
GOLD EXPORTS.-In addition 70 the gold en-
.sred for export Europe. gold coin TO the
ss5ount Of s2o10ea was taken yesterday for ship
-,sn- 10 Arsen1ina by the National Bank Of
commerce making the total movement to Buenos
sx-es since January / SI9,750oo0 and 10 all coun-
.-ss SIS 9l 573 Sterling rates were strong yester-
6ey and further heavy shipments Of the metal were
Indicated
EARRIIAN DIVIDENDS.-The directors Of the
y-rinn Pacific and the Southern Pacific will meet
e-srv believed that the regular rates viii be de-
ree5. though there have been reports that Union
Pacific would be increased 10 a y per cent basis
V7s Southern Pacific to a Z per cent basis.
BEAVER NATIONAL BANK DINIDEND.-A
5ivi5end Of $50 q share has been declared by the
Besrer National Bank OF New York, which Is in
T7ooess Of liquidation Payment viii be made 10
stockllolders on May % and May q.
CLEVELAND & PITTSBURG REPORT.-The
rsport Of The Cleveland & Pittsburg Railroad for
1soS shows gross earnings Of SS40e2o4. decline OF
,sl1277S from 1907. Net earnings were s., .424
against So g29 in the year before, loss Of q IS
per cent
DELAWARE & HUDSON OFFICERS RE
Egers Of the Delaware & Hudson company met yes
tsrday 20 organize. and reelected the old officers.
ELECTED 4 DIRECTOR.-G. Hermann Kinni-
cut of the firm Of Rissel. KiuniCutt & CO. has
been elected director OF the Columbia Trust Com
rsnv.