New-York tribune., 1909-02-27
TOPICS OF THE STREET

FOREIGN TRADING-Foreign houses dealt in
bO,OeO shares in the local market. selling $4,000
shares balance. In London the general market
firm. with a stronger tendency in American
issues and buying OF the copper shares for Paris
account The underwriters Of the Canadian Pa
Cifc loan. il is announced. have been compelled TO
take 20 per cent OF it The new Argentine loan
bonds are quoted az = per cent premium Can
money at the British capital in active demand
and much as 3l7 per cent was paid Large pur-
chases OF short bills were reported oy the JOINT
stock banks Paris exchange on London declined;
also Berlin exchange
BANKS LOSE CAsH-The reported movements
OF currency this week indicate loss in cash held
ty the banks Of S9,131.00O. which caused by
the return Of government deposits and by gold
ports The banks received from the interior
So $4,000 and sent 10 the interior S4543000 incud
ing 81 760 600 national hank notes Washing
ton for redemption. The gain from the interior
WAS S5,3se.Oo0- Receipts Of new gold We're 1881
300 namely. New York Assay Office checks,
S1.lo4. 500; on San Francisco Mint checks. sl56oa.
snd on Seattle Assay Of1ice checks. $4f0seo God
exports amounted 10 S25o00o0 in coin to Argentina.
Ordinary disbursements by the Sub-Treasury were
0S9Sf zoo Payments by banks TO the Sub-Treas-
Ury. for customs. internal revenue, per cent re-
C7ernption fund. Of United States deposits,
etc we're So, sos, coo The loss on Sub Treasury
operations proper S3,61,300 The aggregate
receipts from the interior practically about
the same last week. but the shipments into the
interior smaller. resulting in a gain from
the interior larger than the previous week by
sl.60o.oOO.
ST. PAUIIS NEW sTOCK-The sixth and last
payment on the s99,4S0SS1 new stock Of the Chi
cago Milwaukee & St Paul Railway falls due on
Monday March l. II calls for 15 per cent, equal
TO 6,166. When this is paid in the roads
stock Of both classes outstanding Will be 1882. 49,,
$50 On December Il, 1896, the st. Paul had S132,
s41 109 stock both common and preferred
standi-e This amount was increased by the
authorization that date of additional 50 per
cent IN preferred amounting to S66S20554 and %
per cent IN common. amounting to S33,16O.21I-
After the next and last payment has been made.
the annual dividend requirements of the St Paul
road based the current dividend rates of per
cent each on the common and preferred, Will total
S16.24s2SS
streets reports the exports Of grain for the week
with comparisons figures in bushels, as follows:
Wheat -four included. 2O41.5s1, against 2.27S,560
last week and 4244SS2 last year for the fiscal year
10 date. lS1 s75, compared with 156.140257 last
year Corn 77e.7e4, contrasted with 1,2sS,51s last
week and 24SI 394 last year. for the fiscal year 10
date. 2O09l, ,952, against S7,612.s1s last year.
DIVIDENDS observation-disclosures have been
declared follows: West Jersey & Seashore Rail
road. regular semi-annual per cent payable April
-, General Electric Company, regular quarterly
per cent, payable April Is; Laclede Gas Com
pany. of St Louis. quarterly ~ per cent on the
common. payable March 10 This is an increase
10 per cent basis
NEW HEAD FOR TENNESSEE COPPER-The
directors Of the Tennessee Copper Company have
elected Frederick LeWsohn president to succeed J.
Parke Claiming. resigned James Phillips Jr vice.
ter Lewisohn, treasurer
DOMINION COPPER-Crocker & Wicles, coun-
sci for the protective committee Of bond and stock
holders Of the Dominion Copper Company, have
been instructed TO institute proceedings to compel
a thorough accounting Of the disposition Of the
moneys which the corporation received and dis
bursed under the old management ana In the
mean time 10 ask stay of the proposed sale Of
the property
NEW ORLEANS TERMINAL NOTI1S.-Potter.
Choate & Prentice have sold all Of the 100000
New Orleans Terminal collateral trust twO-year .
per cent gold notes recently offered at 1oo12 and
interest.
GOLD FOR ARGENTINA.-The Anglo-South
American Bank has increased its engagement or
gold for shipment to-day Argentina to $1OO,0O0
making total exports for the week S1So0,ooO ana
since January / sI2.250,GO0.
AMERICAN TELENHONE.-FI- B. Thayer pres
ident the Western Electric Company, has been
elected vice-president of the American Telephone
and Telegraph Company.
ADMITTED To QUOTATION.-The Stock Ex-
change has admitted TO quotation Peoples Gas
Light and Coke Company rights the new stock
CALUMET AND HECLA NOTES.-The Calumet
and HecIa company has sold ss59,co0 per cent
1Fo-