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

OHEAATN TRADING. 80 Hracucally no
cCsiness vas done for foreign account on
the stock Exchange. the transactions be-
ing the smallest IN several months.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: National
biscuit Company, regular quarterly IA. per
cent on the preferred. payable Oh November
81, ana regular quarterly IL per cent on
the common, payable On January ID. United
quarterly IA per cent On the preferred,
payable on DeceTaber I. General Asphalt
company. regular quarterly - per cent on
the preferred. payable on December /
Quaker Oats Company, regularly quar-
trriy ~ per cent and = per cent extra on
the common stock. payable on January 10.
preferred. payable on November -. quincy
Mining Company. regular quarterly s. .
share. payable on December 20.
POND OFFERING QUICKLY ABB
SORBED.-RedmOnd 4 Co. announce that
TIE issue of S.500.0o0 Omaha a. Council
Bluffs Railway and Bridge Company first
CONSOLIDATED mortgage per cent gold bonds
ortereo yesterday morning. at lce asd ac-
cT-ue1 interest have all been sold. which
shows there is a demand for that class
oe securities.
SECURITIES LISTED-Tne following
securities have been added 20 tie stock
ENchange list: SIS 600 009 twenty-hve-year
per cent gold bonds Of lae OF the Chi
cagO, Milwaukee a. St Paul Railway CON-
pany N.224,500 preferred and s. 64s390 CON-
mon STOCK OF The Texas Central Railroad
: tive preferred stock. series p. Of the Amer
lean Smeiters Securities company. the
latter having heretofore been quoted II
the unlisted department
BUTTERICK DIVIDEND INCREASED.
The Buuerick Company has declared a
quarterly dividend Of = per cent payable
on December J. This compares with
rate of = per cent declared FOR several
preceding quarters and places the stock
on a per cent annual basis The dividend
VIII be paid Cn al Of tAe additional stock
nh frh rnr awrNG rrad for
RldEway Company stock up 70 the time OF
the closing OF the books on November ls.
About - Per cent OF The hidgWay STOCK
has already been turned In for exchange.
A PAMPHLET on ATCHIsoN.-Potter.
Choate A. Prentice. No. - NaA street, nave
just issued the fifth OF a series Of PAM
phlets describing the important railroad
systems Of the United States. This pamphlet
contains an historical review Of the Atchi-
son system from It's earliest days 70 the
present time. a record Of earnings Tor the
last twelve years and a map or the sys-
TEN. Copies may be had upon application.
ELECTRICAL SECURITIES CORPORA
TTON-The number Of directors OF the
Electrical Securities Corporation has been
aTd 7. Tidridge and q NJ Cummings
have retired from the board
O. LEDYARD BLAIR A GOVERNOR
O. Ledyard Blair Of Blair & Co, has been
elected a member of the governing COM
rrlttee Of the New York Stock Exchange.
succeeding James McGoveTn, who retired
some rInIe aEO because OF ll heaaNn ana
who died this week
IRON AND STEEL CONDITIONS
THE Iron Ase" says; While the buying
page Of October Is not maintained IN al
lines pig iron and finished material mar
kpts are strong and the outlook Is fuA OF
promise. The pro-rating n mill products
among consumers Is increasingly dlflcillt
and nearly all mills are falling rurther De
bind on deliveries The structural steel
trade which seemed a few weeks ago 10
De entering quiet period, las rken on
rfns-r Of a
have been put forward and II ls estimated
that over l05 60 tons Of steelWork WI! pe
awarded before the end oI the month. m o., 4 ne Lle
absence Of sufficient raj business 70 eLi4l4o-
Eastern mills for the balance oi ne ye1.
has resulted in a sale OF 900 tons OF
Bessemer hiIlets by seaboar4 nlll 1T
continue 20 pour ln uI'on ne ms l. i,, - a
STAGGERING rate. Structural ana plate mis-
haVe made no gain on the accumulation
- revv business Buying Of cast iron pipe
has developed strongly ana DIP l-e Oh llls
non k--us up. with ACTIVITY more pr
rounced in the East than In the West
asThe Iron Trade Review SAYS r olloN-
ing the record breaking Of October ~ man
I,Farturing and selling iron and steel prod
- -Le t-ade is showing a disposition 20
siscsen its mace. u hile specifications on
auished products continue very heaFF mere
is not the rush OF last inohlA' S anu a. soiile
mills easier conditions are beginning 10
r-reyau In foundry pis iron there Is
noticeable decrease In demand Win some
Indications OF weakness, particularly IN the
s--,rb r-l,e leading pig iron transaction
az tie week was purchase of Zl.so Ions
of standard I3essmer Tor delivery IN Mo-
,er,her December and January al So
,-aIiss half being furnished by the Besse-
r,.r Association and half by W T.
SNYDER A. Co. Although IN the Fittsburg
and Valley districts most furnace interests
are firmly adherlng 10 recent quotations.
"A disturbing factor n one company Wlleh
II rDakine concessions IN order 10 obtain
Orgers RaTl sales of the week Included about
100 90 tons by the Illinois Steel Company
III a number Of roads. 5000 tons BY the
Tennessee Coal. Iron q Railroad Company
- lie Illinois Central. and 240J tons by
lie Carnegie Steel Company. The build
ina OF the Brooklyn subway VIII require
f-orn e5uaG 10 5000 tons Of various kinds
~ structural material The prevailing
srarcitv IN crude steel IN the Central West
- 20 De relieved by the sparrow Point
rniIl which viii roll .. 90 tons OF Bessemer
LiIiets COR Western shipment The rail
BUSINESS is light with Eastern mills. and
for this reason the Maryland mill can lie
f,5rneG over G. roll hiliets. Unless the rail
tr-sir.ss improves. other rail mills will
r,-ofaflv be placed on biilets."
gARRIMAN SEAT SOLD-The stock
uwchange seat held by the late r. IT. Har-
-f-,an WAS sold yesterday. The name -
.pe purchaser and the amount paid for the
s,.st we're not made public.