New-York tribune., 1909-06-11
TOPICS OF THE STREET.

FOREIGN TRADING-Transactions for forair,
account in this market aggregated between 30 GG1
and eo0O shares. with purchases and sales not IA
from equal. The principal buying was % the Har-
rman and Hill stocks and Analgamated copper
ana the chief selling OF United States steel
American stocks in London showed a tendency to
WEAKNESS. with the exception of the Hartman
issues Ine general market in London closed firm
the recovery in Paris having good influence
curb.
DIVIDENDS DECLARED Dividends have been
declared as follows: Phelps Dodge & Co. g - a
share the the initial dividend three
months ago. payable on June 80. LAWYERS 7itIa
insurance and Trust Company. regular quarterly
3 per cent, payable July l. Guaranty Trust
COMPANY, regular quarterly par cent. payable on
June 81" Northern Central Railway Company. reg
C.ii sem annual per cent payable on July Is;
Cincinnati New Orleans Il Texas Pacific Railway
company regular sefni-annuai ~ per cent on the
common payable on June 2: American cigar Com
pany regular semi-snnual per cent on the pre-
ferred. payable on July !: Gorhan Manufa cturins
company. regular quarterly IL per cent on the
preferred. payable on July I. and Union Bag and
Paper Company. regular quarterly per cent on
the preferred. payable on July Is
OLD DIVIDEND RATE RESTORED semi
annual dividend oi per cent has haen declared on
the preferred stock of the Empire Steel and Iron
prior January !. when the dividend declared was
only IN per cent. the reduction having been made
necessary because Of falling oft In the earnings
BRADSTREFTS INDEX NUMBER HIGHER
Pradstreet's index number Of June 7 is SSS-fo.
advance OF Il Per cent compared with Nay
!. The June number is the highest for that date
figures were 3 aau. The present index number
shows an Increase Of 2I per cent March l. the
low point Of the year; Is per cent over January
and 81 per cent over June l. 19oS. the index num-
Der for that date representing the low water mark
Of the depression.
ELECTED To STOCK EXCHANGE Thomas
E Forrest has been elected member OF the
New York Stock Exchange.
ADMITTED TO QUoTATION.-The Stock Ex-
change has admitted TO quotation in the unlisted
department Atchson, Topeka & Santa Fe Rail
way Company subscription receipts. fun paid, when
and a. issued. for per cent convertible bonds and
interest from June l. 1909.
CHANGES IN LAKE SUPERIOR BOARD.
2 Taylor and J. s. Tale. Of this city, and II.
Coppen Of Plainfeld, have been elected directors
Of the Lake Superior Corporation, in place Of c.
s Hinchman, J.. II. Hirt and r Wilson Smith
The new directors represent the interests Of the
English syndicate headed by Robert Fleming
which Is row virtually in control Of the cor
poratiOu
ATCHISON CONNERTIBLES--Th manage
r1ent Of the Atchison, Topeka & Santa Fe has Of
fered the foreign holders of per cent and . per
cent convertible bonds OF the company the prtvi-
ege Cf Gepositing their bonds for conversion with
R9rinc Bros & Co, London. up TO and IN
Guiding June l5, for participation In the sub
scription to the bonds. The effect OF this
action is TO give the foreign hondholders the same
time less one day. the American holders Tor
converting their bonds into stock and aValltnS
tbaroeeHeS q subscription rights.