New-York tribune., 1909-06-22
1TOP[CS OF THE STREET

-~- -R ADING-FoTeign houses were not
FOb-Sto+ors in the local market, dealing in about
sctfve Ia. III Gales In the London market trad
$50 SIC s. inactive. being checked TO some extent
hs S snnrosch Of the tortnighuy settlement.
~ - showed uninportant changes, With some
Pies $50 Ag1Ires in the mining department and
vh vhsl tendency in Americans on the curb Call
III 81 the British capital was easy and dis
Iaons. n-sre steady. The Bank OF England secured
coanH so,,.r African gold offered in the open
81 II 80 received small amounts from the Con-
1slhe' = * reported London that there will be
tne-s---ish loan issue Of fl5eo9Goe. one-third of
.iu -riu be offered IN Great Britain.
rn STATES MORTGAGE AND TRUST
.sDaNCv-The directors Of the United States
CONIIa and Trust Company have DECLARED
A@ss15 of z per cent, payable June so. 1893 THUS
1.4-r the stock on q a per cent dividend basis
Paclssss- ssss-s6e76 heretofore has been basis of 20
llS - a wear The conpany's deposits have in
- In the last six months more than s000o,00o.
= tntsl now amounting 10 $0,"eo0O- A number
ls-o-notiors have been made IN the official staff
- company. the officers at present being
o. or..Ts. Cornelius G Cuyler, president; John ".
I.rsn lS.- first vice-presdent: Calvert Brewer and
= Rasnus. vice-presidenJs; Frank J. Par
us secretary; Joseph Adams. treasurer: Henry
ss-,-oss. assistant treasurer: T. W 5. Middle
ana Victor Ehrlicher, assistant secretaries:
t5.,-v W Hadley, assistant treasurer
,orn EXPORTS PRoBABLE-A resumption Of
.5,rneuts OF gold 10 Europe apparently is fore
sasovred By The course Of the current foreign ex-
sS.,gs market II which demand bills sold yes1er-
a. Al the best price Of the year. Active bidding
- exchange in connection with rernittances later
= .he week was reported. enc notwithstanding a
ssbrautisl supply % loan bills the demand was
sssry enough 20 carry rates above the level at
x-Lieh exporls were made several weeks ago. There
rs however advance in Paris exchange on
To-5on which Of course required exceptionally
So quotations here TO make shipments to the
T-snch capital by the so-called triangular opera
--n profitable. If the current advancing tendency
s-tinues god doubtless will go out IN the near
future.
COPPER MARKET CONDITIONs-It is under
rtood that certain producers and selling agents
who have been holding electrolytic copper at 13a4
es-ts are making concessions ranging from 4 10
& rent a pound. Sales were made yesterday 1872
1snts pound. The decline in price is 3n sympa-
,hr with the lower quotations in Europe Pro
s5cers declare that copper conditions have i'm
r-5ved 10 such an extent over the last several
weeks that & sharp decline in the metal IS out Of
ne question They all look for q heavy falling of
:, s+ncks on hand this month The next report Of
fbs Copper Producers Association Uil be issued
O. July 10
DIVIDENDS Dividends have been
Declared as follows: American Woolen Company,
-srujar quarterly 1Sz per cent on the preferred.
psyzhle on July Is: American Cement Company.
-ssrlar seniannueI per cent. payable on July p;
T-niou Exchange National Bank. regular semi an
rusi & per cent payable June 81: United Rail
usvs Company Of St Louis, regular quarterly 1ss
,ar rent on the preferred payable July 10, Texas
s5s Pacific Coal Company stock dividend Of Per
rent instead OF the regular quarterly cash pay
uent Of II per cert payable on June 50
sPPLICATToN TO LIST-Application has been
made 10 the Stock Exchange TO list s2LSSl0o ad-
dftonal Development and general mortgage per
rsat bonds Of the Southern Railway Company.
gm0G first mortgage 3 per cent bonds Of the
esokane International Railway and A.S27.oeo addi-
toasl consolidated mortgage per cent bonds or
re South & North Alabama Railroad
PHILADELPHIA FIRM OPENS NEW YORK
oFFTCE-The Philadelphia banking firm OF Bioren
Co. has opened New York office in the Ma
uonsl City Bank building. under the management
Of Charles ?. Harrison The firm is member or
The New York and Philadelphia stock exchanges.
CHICAGO RAILWAYS BONDS SOLD.-N. ".
Harris & Co and the National City Bank have sold
al the 10000 Chicago Railways first 5s recently
purcha sed by them
CINCINNATI. HAMILTON G DAYTON NOTES
rP-There has been q sharp rise in the price OF
Cincinnati Hamilton ard Dayton "a per cent notes
torl 65 10 70 bid said 20 be due TO the fact that
rracsent amount Of deposits OF notes has been
made TO insure the success Of the TeadJustrnent
-le-