New-York tribune., 1909-06-17
TOPICS OF THE STREET.

FOREIGN TRADING-Foreign houses sors-
ward of thfrty-fve thousand shares IN the IorsI
market the heaviest operations being In Cynifss
States Steel common. the selling OF this issus r.
hecting disappointment In London over the p.
ported failure Of the Paris Bourse to list the stoc
The general market at London was heavy fre-
enced by the weakness in the Paris market a.
the liquidation in the mining shares. America,
stocks on the Curb closed above the lowest s1
British capital were unchanged The Indi,s
Council was a lender into July at IA Der can.
Continental discounts were at Tuesdays level
DIVIDENDS DECLARED.-Diyidends have 49,
declared as follows: New York Trust Compass
regular quarterly. 8 per cent payable Juns =
Iehigh Valley Railroad, regular semi-annraI 49,.
cent, and per cent extra on the common andS
per cent the preferred. Electric Storage Batter
Company regular quarterly, q Of per cent =.
the preferred and q OF per cent the cor,rnnr
payable July I. American Caramel Company -
I1Iar quarterly per cent on the preferred 49,,
July l. Westinghouse Air Brake Company rexls,
quarterly, 21z per cent, payable July TO- TitIs
Guarantee and Trust Company, regular ouart--,-
per cent, payable June 30. American TvpaFo,,rS'
ers' Company. regular quarterly per cent q, -.
common and 1s< per cent on the preferred Ar,s-
ican Piano Company. IA per cent the prsfsrrsS
Second United Cities Realty Corporation rszr1s-
semi annual, "a per cent, and an extra Z 60 =.
cent on the preferred A stock, payable August
CAST IRON PIPE AND FOUNDRY-An :.
f1cer OF the United States Cast Iron Pine ana
Foundry Company states there is no basis so- -
report that the directors intend to max. A.,
distribution of Z per cent the preferred r+~-s
or the company as the matter has h..,
discussed yet 1t is expected that only ron+,1.
business will be gone through with at ths dirs,+,
meeting on June q. and that special rnSsS,-
will be called to discuss the dividend ors.+sos
soon after the annual meeting OF the COMPANY -
June %.
EMPIRE TRUST DIVIDEND INCREASED
The directors OF the Empire Trust Company "a,
declared a semi-annual dividend of ! na- -
payable July L This Is an increase OF ue- 60.
over the last preceding semi-annual payment
NEW YORK AIR BRAKE-FoIloviuz a r,....
Of the directors Of the New York Air Braka c.s
pany yesterday il was announced that no s-tt-
had been taken toward resumption OF trs Ss-i
dend which was passed in December, IcT
CHICAGO RAILWAYS BONDS sOID~
Harris & Co. and the National City Bank b,-.
bought S0oo000 Chicago Railways COMPANY S,,.
mortgage per cent bonds. the proceeds ~ ,v5j..
Will be used by the company for extensions a.
improvements
REGULAR READING DITIDEND-Th. 5,..
tors Of the Reading company have declared ~.
regular semi annual dividend Of per cent On f-s
common stock, and ser1i-annual Per cent On -
first preferred. payable August 2 -
ST. PAUL BONDS sOI.D-Kuhr. Losb a r.
and the National City Bank announce tbar +bs sss
10000 Chicago, Milwaukee & ST Paul Railway -
per cent gold bonds purchased by them havs -
disposed Of
STANDARD TRUST DIVIDEND INCREAsEn
The directors Of the Standard Trust Cor1ns7v
nave declared serli-annuaI dividend OF pr e.-+
PAYABLE June 81. This Is an increase over rhs lac
preceding dividend Of 2 per cent year.
COPPER PRICES LOwER-Tne locsI N..f
exchange has reduced copper prices Il IN the sld
and = IN the asked price on all grades