New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-09-24
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses sold W.
ward of 2O00O shares of United States Steel CON
mon in the local market. with transactions elss-
where in the International list confined to unin-
pOrtant totals In the London market prices moved
within narrow range on a light volume OF 5uS-
ness American stocks on the curb were inactive
Call money at the British capital easy ard
discounts weaker. The Bank OF Enslad
made no change in its minimum rate Of diScoua,
and showed a proportion OF reserve % nao!ity q
% q. against 542S at this time year ago. and 3
nIne-year average of 50-IS per cent The Bank q
England sent f2o4.ds0 gold 10 Egypt
THE COPPER MARKET-A fair demand 'r
copper was reported yesterday. The United Metas
Selling Company continues To report sales Al ~
cents a pound. bit smaller dealers say copper CA
be obtained below that level The s-a-ement 3
made that several Of the large consuming coz
panies report small stocks. and II = because @
this that larger transactions are anticipated az
IN the current month or early next month. A SE
of 1O09010 pounds OF eIectroIytic at I5tS cents 3
pound for delivery in November was made yes's
day.
DOLORES MINES DIVIDEND UP-The Iolo.~
Mines Company has declared a dividend Of u q
cent for the year. payable quarterly. the nrSt p
Stalmeut of Az per cent being payable on Wv
Der 2S to stockholders of record November ID -
company heretofore has been paying y per CEN :
year, and this action increases the rate oy =,
cent The statement presented at the uieetlhs =
the directors shows that the mine profits for y.
three months ended August 81 amounted 20 St-ese
which is equivalent 70 Is per cent on the s0o.~
ne following statement or CaSh iVStie-4NNN
also made: Bullion in transit. S14.694 concentiaSS
In transit SS5.575; cash at mine Sl,064. and ets-
in New York. S11.+S6. making a total or StSSs
DIVIDENDS DECIARED-Dfvidends have ee.-
declared follows: National Park Bank resa-
quarterly per cent. payable October l. GaiA--
National Bank. regular quarterly per cent ga
able September 80. American Coal Products ~.
pany. regular quarterly ~ per cent payable 80
Der l. Central and South American Telesi.s
Company regular quarterly 1]s per cent PS1-.
October s. Mexican Telegraph Company. rssI-
quarterly 2la per cent. payable OCTOBER To-
Switch and Signal Company. regular Guartefls !
per cent on the common and the preferred "
payable October II.
COBALT DIVIDEND PASSED-The dree .SJ-
OF the Cobalt Central Mines Company. az -
meeting yesterday, passed the quarterly ~. -,
of I per cent on the stock This action W. =,
due % unfavOrahle financial conditions out ~
decision OF the management 70 eNpeHd more nS
on the property. The directors hope TO -
dividend payments at the next quarterly peI''~
UTAH COPPER-The output Of The Utah S ~ -'i
Company for the month Of August was - si,.
hounds This production is the largest IN the
tory Of the company In the sscono u---,..sf
1909 the output WAS lS.154.+l2 pounds oenhS Is
than that OF the preceding quarter BY snSNNs
than 1.66T.OOO pounds.
STOCK EXCHANGE To CLOSE-Tne SSs
Exchange will BE- closed tomorrow As UO,'sra
Qucnce OF another and more widely signe1 tss,a,
to suspend business the first day Of the sva-
Fulton celebration. the governors yesterday ~
sidered their action on Wednesdays pe'iu'N
granted the request OF members . 100
EXTRA DIVIDEND DECLNREp--The 1900
OF the United cities Realty Company have 1890
the regular dividend OF Ste per cent on tAe - .cns
stock and an extra dividend OF a OF ~
PAYABLE November l. sns
MONEY FOR NEW OFl.EANS-Ine ,Ot ar D.
Treasury transferred yesterday S2OV'VV'
banks TO New orleans.