New-York tribune., 1909-06-05
TOPICS OF THE STREET

FOREIGN TRADING.-Foreivn bor...
$4,000 shares in the local market aeas y
amounting 10 Zo,VV0 shares well dstrfbutsS -
the international list In the London oT sT
prices were strong in all departments nr,-.I = kS
helped by large receipts of gold At IT, - os1s
England from Continental sources and C,o-s1A -A u
buying The mining shares again wers ss.ta1a
also gilt edged rails The new Russian D-t-1s -
loan was quoted at Il OF 1 per cent di,c.a ~
par Call money at the British capitsI ~ -. - %
Exchange at Paris and Berlin on London aSv..aTr
BANKS GAIN CASH-The reported rncv.---ee
Of currency this week indicate a zsfn ~ -aVa
held by the banks of s1S7O0O- The gain r-o Saas
interior was much smaller this week ~ ~
nearly offset by gold exports and loss an ~
Treasury operations The banks received ,-,- -
interior S. $4,000 and sent to the intsrio- e -
00O including si5000O transferred through ~ 81
Treasury to Washington and g. lss 00n r..s.
bank notes sent 70 Washington for rederpf-'
The gain from the interior vas 81 ss3 0os -,
ceipts Of gold 81 1.263,0OO par,.t-
New York assay Office checks S772 900. or 3
Francisco mint checks S106,0oO and on SA.-s.
assay Office checks S385.0O0- Exports Of xols -
ing the week amounted to S2f35000. NJ 80
1886, 900 was in gold bars for Paris and q 9ss@
900 in gold coin for the Argentine. Ordfns-- -
bursements by the Sub-Treasury were s1S - -
Payments by the banks TO the Sub -Trsasyrv -
customs, internal revenue. D Per cent ra5.-..t -
fund etc, were $50. O.l03 900. showing loss an -
Treasury operations proper at 81, 1924 900 Tha 49,,
gain from the interior and by new zo4 IA. =
946. 200. Deducting therefrom the loss bv ~.
exports and on Sub-Treasury operations ,-1
the net gain S4ST,O0O-
MEXICAN MERGER LOAN AT A PRESur-,,
Interest In London in the offering Of the S94 No
600 National Railways OF Mexico gold bonds h =
creasing The issue Is being taken rsnss,- =
institutions representing the highest class - ~
vestors and a liberal subscription Is coming -
the general public The loan is now at a vrsr,ss
Of y per cent Favorable comment is hears -
the remarkable net earnings reported bv q.
merger roads, but the considerable t7e-za,. :
gross revenue now being reported Is cousiS..s
al sic fz HzIfa
resumption Of the prosperity o. the natal -
in Mexico, and II the Improvement IN this 5i-.r-.
continues as is confidently expected II is held -.
the National Railways Company viii louS -
fer an increase in the dividend on It's prs.s-ss
stock
DIVIDENDS DECIARED.-Divfdend hav.A..
declared as follows Morris & Essex Rafruss
regular serni-annuai 81 per cent, payabls JuIvf
Valley Railroad Company regular sem-sunuaI u
per cent. payable July l. Esperanza Mining Con-
pany interim quarterly Sd and extra interim Il
payable July TO- Mercantile National Bank SER,
annual per cent. payable July / Swift q.
regular quarterly IA per cent. payable July s. A
bany & Susquehanna regular seni-annual "a ~
cent. payable July l. MCkinley-Daragh-Ss7s
mines per cent. payable July Is
GRAIN EXPORTS FOR THE WEEK-srzs
streets reports the exports Of grain for the xes
with comparisons, figures IN bushels as follows;
Wheat -four included. 2.l2S.lN. against 3,is7.SB a:
week and 1856 204 IN this week last year; for Ia
fiscal year 10 date. 1s3O21376. compared with ~.
5O72O in the corresponding period year an
D.
qss 4s2 IN this week in 1913. For the fiscal year
date 2s 1881. against 4500742s IN the same pEtoi
a year ago
COPPER MARKET FIRM.-Salss % copper rss
made yesterday morning on basis OF 157s csno
rond for electrolytfc. the highest level reachee
the current upward moysment- The United Metals
Selling Company is selling copper at the toresors
figure. but is not aggressive IN tnls respect Hs
fgured that the Amalgamatsd Copper company q
A basis OF the present prices for the metal s s91-
ing al the rate OF $4,000 a wear, sum eqlga
lent to approximately per cent on tns ouuslaaols
Capitalization. The company IS no" payins -
cent.
g l. r RY- DIvIDESD--The Chczs,
Rock Island & Pacific RAILWAY Company has =
clared a dividend OF Per cent Tor the last q-4.
NJ the fiscal year ending June 81. payaoie SuH y
stock OF record June lS- ms - ,-,
the same rate which has been paid for me c1r'Ss
Quarter for several years, making % Per oels
the fiscal year and Representing tne s.-ss. sts =
ouired 10 pay the interest on we ooI-s ~
secured by the STOCK 49,.
meeting yesterday OF the stockholders OF me -
traI Trust Company the capital STOCK was INC. ~
from 100000 TO S,000OD. enectlve J4n7 =
recommended by the directors on Nay % 1Ao
dftionaI stock will be sold 70 the present - -
holders at par. In the FatIO OF sHo
share now held
GOLD FOR ARGENTINA--Crossnan & sisicAs
shipped yesterday 10000 gold coin 70 Arssn.a
Total exports TO that country since JanuA-S -
$4,000 and TO all countries SS.S4lS'S
$500. LINE CERTIFICATES-Ths stock ~
change announces that until further nouce M-l
spolts St Paul & Saulr Ste Marie HSlI"~s =
tidcates OF subscription for preferred and eonnN
stock will be second tnstalnent paid
IOWA CENTRAL EQUIPMENT BOMBS SUI
Taller & Co, OF No. = Pine street. announce =
the equipment trust certificates which taes - -
" purchased from the Iowa Central Railway 0'-
pany have all been sold