New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-08-12
rOpICS OF THE STREET

-N TRADING.-Foreign houses dealt IN
r0REls's a. a. shares in the local market, sales
s,psfo - h.ses being about evenly divided IN the
nd paIo-tet prices were irregular ana the Nol-
fendon l5,rf was light the chief weakness pelhg
sns Of ie1 ..rsols which, however. recovered be-
rg0rea 4, American shares were Irregular and
ers shs sactivs on the curb. Can money al the
,6sed hstol was easy at unchanged rates bhlS
er.ish eNs,,ted al Tuesdays quotations. The issue
Fsrt u.s. bills recently announced was allotted
& Iieesrage premium Of S-l6 per cent
q a. or-p PRICES HIGHER.-Local copper sell
CORR md PRODUCERS have advanced the price
% aesni,,tic copper about Is cent pound. Sales
eieollSS' YESTERDAY al I5c, and l3l2c quoted
ser srnber delivery, against lS'.e IN Tuesdays
iG NJ The United Metals Selling Company is
rAh.s 10 The only large seller mat has any con-
sc . o., sr,oi,nt OF the metal available for i'm
f5si@. seiivery The advance in prices in this
reaiA.e .ououed a sharp upward movement abroad.
sf S,rrer Producers Association in the amount
Il copper STOCKS o" manu- 80 . as %
Wall. STREET RUMOR.-I was reported
a..,sav that the heavy selling OF stocks in the
80 hour OF the Stock Exchange session was for
seH~ ,ol,nt Of prominent Broad street house that
v y, -scsived a hint from the exchange authorities
hA.snce its commitments. II is well known fact
1900 consequence Of disastrous failures in the
u -' -, years and the investigation by the Hughes
s.s,irstng ComZlittee the governors Of the Stock
.SSrsnge are keeping close watch on the opera
ss.s 81 its members and are endeavoring TO check
sr,-speculation-
'~NTTrD STATES STEEL-The United States
s,.s Corporation has made a slight gain in the
sssk In the matter Of pig iron production II
y now running between 90 per cent and %
- cent OF capacity, the highest reached since
n,ohsr 1901 Before the close Of the wear il would
y, n surprising II the steel corporation was rro-
sr.nr al the rate Of 100000 tons Of pig iron a
- which. Of course. would mean q new high
,s,6 Deliveries Of steel by the steel corporatior,
an now running a the rate Of close 10 IL ooo
nns year
BOND MARKET CONnTTIONS-A more active
ssmsnd FOR bonds is looked for By investment
bouses n the future, as a consequence Of the
,-orising outlook for bumper crops and The ex
,,red business expansion a result Of the clint
s-on Of the tariff uncertainty. II is not unlikely
raj the railroads which long have been in need OF
rptal for the Inauguration or completion OF de-
ysopment and Improvement work. VIII push their
financial plans TO conclusion within a compare
lively short time. and ii is probable that among
as new bond issues - the rear future viii be
,ree offerings by the New York Central
STOCK EXCHANGE LISTINGS.-The following
s.urties have been added 10 The Stock Exchange
fs,. Virginia Carolina Chemical Company. So B0o-
Al frst mortgage per cent bonds and Louisville
8 Nashville SIS ea1 .eo additional unified fifty year
.uer cent bonds due 1870
DIVIDENDS Dividends have been
declared as follows: Cincinnati. New Orleans &
Fsras Pacific regular quarterly II per cent on the
rrs,ered PAYABLE September J. New York Hon
turas Rosario Mining Company regular monthly
ipr cent payable August IS
yoRTHERN PACIFIC'S YEAR--It is believed
rs; the annual report OF the Northern Pacific viii
shor trihe more than Il per cent earned on the
sgM0O capital stock outstanding. In the twelve
rmths ended June 80 the Company's net earnings
zsre sSs22,257 an increase Of S2,0lSS So over the
preceding year
LISTED IN CHICAGO.-The Chicago Stock Fx-
Change has listed the stock Of the American Tele-
shsae and Telegraph Company