New-York tribune., 1909-01-16
TOPICS OF THE sTRBp7

FOREIGN TRADING-Forcian
CH Lo'i 80 - % '-e account II the IocsI e.s
selling le'ov0 shares on balance In 1o-slAas "a -
sols we're steady and foreign bomb, .loa .,loa "a.
Tne general market was inactive a, ~. I7sr 4
price changes. CAL money at the Ers,,. poitas,
vas IN .atr demand ct unchanged r7t.s - eaaia
count market was quiet. II is uuderstoos - I n
new Russian loan viii be issued NionSN- uat d,
and cable dispatches state that tbe. r+ss sseeis
be allotted 10 London IS being unds--st s nat ~
commission Of IL per cent. "i'''sa az
BANKS GAIN CASH-The renor,.a
Of currency this week indicate q e,,f, = Uo'
b. the banks If S7.5SIgOn The ba.t- ~ easa hg8
fI"m the interior 81 It0U5.G0U. and sent :, sssisi
ri0r S1,0l6509. Including 81 iSS 900 pat -'e aas-
notes 20 Washington for Redemption, "a az
fTOm the interior was ySSfS 100 Psoai-.-F "a Z
gold we're SI.@S0.700. Of which 81 "a SS y asF
New York assay Office checks s79s gaa @~s
Francisco mint checks and $9g 900 On sss..e SA "
Office checks Cold exports we're s5 sSss.ss Aas7
which 70 Paris 3. go, ,00J in nars and s9ssossN
and 10 South America $4,000 IN coin -ea4 E
disbursements by the Sub-Treasurv war. ,s-.-
300 Payments by banks u the Slb-rre.s'ssa ssa'
SCI I,0Ii, 30. The Eain on SUb-Treasurv 20
proper $iG92. 100 Receipts Of e,r--s.--Et y s
corresponding week Of last year. Thev carst - .
from nearby and Eastern and southern nrf--7
from TIE Near West @l
"SCO'S'' DIVIDEND PROSPECTs-F,-a
months ended November 80 last the Ni, . i
ST. PAU & Saulr Ste. Marie RailUsv c-tAS
bIsins charges and other income on ss-,
totals. earned an amount over and aoo,s,s9.s
duetions from net receipts. including Is =
months proportion Of : per cent prefer-ss -. -
dividend, equal 10 over 97t Der cent On h, -
S9o.000 present outstanding common stock -
have been current IN the Street Of late ne. =.
b'JrselHents on the junior issue were soon "a,
placed on higher level A ] ner cent fnrr....s
all that the common stock IS fr1-nedis,zlv s-.ls
to. the preferred and common stocks slars -
rata after q full : per cent year has 5es, "a
or both. Whether OF not the directors VII -.
ufra go,
eetirg. whici- IS scheduled for the sa-1v ,s.- =
March. is a mere matter of conjecture Esrnre, F
thus far In the current fiscal year howsvpr- Al,
warrant such action. AZ continuance Of the "a
suits already obtained for the reHlaindsr ~ ~,
fiscal year would result in earnings, over and aF.s
preferred stock dividends. etc, for The tveys
months period. equal to about 2G1. per cent ta
the total CUtstd Hding c0mmcn stock.
WHEN VALOBIZATION COFFEE CAY az
SDLD--fD referring To the valOrizati0n egrss
agreement TO sell 600 bags OF coffee In the a.
cal year 1g09-'10 and certain amounts tnerears-
up 10 and including f9l2-'13. Henry Nordlinger
Co say. 1t also gives the COMMITTEES having
these sales IN charge full and irrevocabis power
TO determine the times OF sale OF the stated ObIg
atory minimum quantities. It Furthermore pre-
vides that same may be made az any time even
before the commencement OF the obligatory sals
at h-Ied prices Of not less Than A francs per 81
kilOs for good avera &c and 80 francs For Superior
our market IS very near the parity Of these In
its. and thus offers the tndUCement 10 ths commit
tee representing the government coffee holdings
20 begin making sales.
NEW YORK CURB MANUAL FOR 1s09-'Tas
Manual and Directory cf the New York Curb Mar
ket" for 1909 has been issued New regulations.
forms. etc. have beer added. the most important
of which is the regulation regarding the quoting
and recording OF sales Of stocks End bonds
All particulars must be furnished and the sans
posted on the blackboard Sor 1ye days before say
quotation can be reported on the lists. Any Or
lection TO any company viii be taken up al ones
= Of 10 -rr-h
investigated. and. II circumstances justify T. re
security Will a. once be removed from the list
GRAIN EXPORTS FOR THE WEEK-Brad-
streets reports the exports OF grain for tns week
with comparisons. figures in bushels as iolloNs;
Wheat. flour included. 3.S1o.S22. against 5'59'ls'
last week and 5.}12.S67 fra this week Iast wear u'
the fiscal wear 20 date, l2-.94'SS2, compared ~
ISI3I2.SO7 in the corresponding period IN Ises'
corn 1.59c. .292 Contrasted with lS45v3s iasl Ves-
and ESQ in 1905. for the fiscal year % oaV''
I3.5z1o5S. compared with 26s5s52l in the sans lll'
a year ago
HANDBOOK OF SECURITIES. - The HaEa.
book Of Securities compiled by the puohslisls is :
The Commercial and Financial Clronlcle' y - ,,
ready The book contains in a small compass l-,
information concerning the various ralro1ls -, -
the leading industrials whose securitlss a'' -
in on the New York. Boston. Phtladeipnia. ., 2a-
more Chicago and Pittsburg exchanges n @ ~ =
their earnings dividends. etc Tor So So =
years. present fixed charges. and the aIou. .,..-
the different issues Of bonds outstancLis. ss
rates Of interest. etc TNerH = d-SV
monthly range Of stocks and oo1dS '0s7'-
a yearly range for four years ,,.,i
COPPER PRICES LOWER-The loea- .ao1s, 49,
Exchange has veCed its quoted price 10 - -
in the asked figure Is cent for az sIs- 80 4
copper market continues depreSsed. S-u - a.
small amounts Cf eIeCtrolytC were Iep'isS -. "a
terday at f+ Ceats-this. tNltlstaAul.s Is
selling agencies continue TO quote ri - ,aI,
pound. a reduction in copper prices ~. ,,5i1 fhs
OF the selling agencies is eNpecped W W = ia
next few days II there is no ln1proNenl74
demand - +ss
DIVIDEND DECLARED.-The direclCls 80 - az
Eastman Kodak Company have declared ~ ~
ular quarterly dividend o. "a per Gem ,ork q
common stock. payable on April 9,5S ~ n II
record February .. and an extra ull " :, Feh-
per cent on rhe common stock PAL - ,ls)
ruary To stock Of record January IS - i. vsf
cent the preferred stock, pay u" -
stock of record February T.
NEW FIRM lIEMBER-J J. Jsrnyn. p = S' "a
ton Penn on January Is entered the arm 1a-r,r ~
gargcI x Co as special partner u N .ssI 90
is the largest independent anthraei.ss : - srf
orator in PENNSYLVANIA. He - an .,r,psuis3
director in several banks and truse 1sysntal
and is OF the wealthtssJ ana NUS
men of that section Ia -sou1
GOLD FOR ARGENTTNA-The ,5 "a cofn 70
American Bank is shipping S5'"S 90, S,Ojse god
Buenos Ayres. Argentina This MAKES ~. yszr.
COiusscnt 10 Argentina from New IU.a,--ot- 80 DIY-
BUFFALO. ROCHESTER, & Pl 80 g5ToSchsssr
IDENDS UNCHANGED.-The buIla'.s b .sss,Jarsd re
& Pittsburg Railway Company hds .snt.0n tas
usual s~mi-annuaI dividends OF pel 80 eon9He1
preferred stock and > per cent Oh u
stock. payable on February 10 n. h
EXTRA DIVIDEND DECI-AKE,L. bsVs de-
rectors of the Buffalo Mines Con'p@H.. naya5s
CIared extra dividend OF / per
On February l.