New-York tribune., 1909-06-15
ToPJCS OF THE STREET

10y TRADING-Foreign houses bought
Fofsts d ns,5 shares in the local market, chiefly
ipVaID e-s-es steel. The operations in steel rep
Uni'so a great part buying by British option
rssenleU no took the stock TO protect themselves
oealelns v7sde upon the issue on this side OF the
OF os'9 the London market prices as rule were
~sre'. r7irinr department presenting the only
ss1- -. - .vcAp+fsn quotations for these issues
iTFo- .4fA-ted b. further heavy realizing CaiI
beins a. tre British capital was easier discounts
HnU- Hn stesdv. The six months treasury nlils were
were - an average of about 17s per cent The
slFo, - England secured the f75o6h South Afrlcan
%. 5a.A o4fere5 n the open market
f0- --7rz-r- BOND oFFERING-Harvey Fisk
sons orfzr 70 investors at SSl4 and accrued IN
s-s s..757r - per cent. S2,0I1eao r 1 du Pont-
fee Powder Company AZ per cent thirty
Is ool5 ho-ds The total amount OF bonds au-
Es1Iss K SO N0s go, and the amount issued, IN
t.', -. .ha rresent offering, IS S4,68,011 All OF
eaalt Sc o- any mart Of the issue, are redeem
nos' o - no per cent and accrued interest on any
go 5s+e TIE bonds are Of a well established
- fsv-o-ably known business which has been
- ---sssf4ll a.-erati0n for more than one hundred
u -ba "a Inc Of the physical properties Of the
s-s.,,- aggregates more than twice the amount
80 s-7ira bonded Indebtedness. The net current
-. alone amount 90 S24,3sS.574 which largely
g. the total Indebtedness Of the company. Of
= =. an which amount includes its entire out
Ssss5f,- handed Indebtedness The average net
se So far The last FIVE years have been SISS-''A
- ti-7es the average annual interest require
q - ~ SIS ns5 rcr the same period The COM
- bss no other bonded Indebtedness, with tne
P1s. of some S324S90 bonds Of suhsldlary
eAN1ts and can create none upon It's present
oo-ts -z4-rout the consent Of = Per cent OF
= .r,or,rt Of the present issue Ihe oonds a.e
ts,s5 h. S15ez2 444 preferred stock ana S-~"aS-
.r,on stock. which pay regular diNldehos ana
80 an aggregate market value or approximately
a55S5s3. ,~,,,-,,,r,o,--
,,p CITGGENBEIN on TRAnD toNblIlo\o-
y si.c,,ssing the business outlook. Isaac Gus-
-, who sails for Europe today. said yes
e.aaI II an thoroughly satisfied with the bust
telas -,5i-ic7s here ard look forward TO an era
- ,-ear r7~osperity 20 he reached step ny step
:. os5a a. =he business interests with whioa am
tols tos.-5 : end merchants and others arranging
- <o- largely Increased profitable business.
a. soon as the tariff bill is disposed Or teauels
a. al lines will feel encouraged to orsIlch OUT
---.-.Losz feels that are on the eve OF 4 p''S-
80 80 - - and ! am convinced that the general
,bljc feeling viii he realized
R--rr1r>-Ds DECLARED Dividends have been
Dis pa a follows. navis-Daly Estates Copper
Co-,,sfz IN! - cents share from the Procee1s
- - saIes Of She mining properties. payable Au-
e,.+ !. washington Water Power company regN-
.-,s-.a-lv 3. per cent, payable July ]; state
"a --,sr ser7i-srr1,lal per cent. payable July
:. osr+rsI Coal and Coke Company. regular quar-
80 j. per cent on the preferred ana regular
quarterly II ger cent on the common PaEdoi7
-Iyr COPPER NARKET.-Sales Of electrolyttc
oo-r4r sre being made on basis Of l@s4c a pound %
t1oct ~ 20.aN No0 pounds Of copper has been sola
= .bsr figure for export a representative or one
~ he leading copper companies says he believes
ejectroiytic copper VIII sell above lio before mo
close IF JalT-
coRN PRODUCTS REFINING--Ihe olrectoIs
- a. 60 p-o6rIrts Refining Company Will meet
.o-5sv n take action on the preferred olNloeha
Theurh certain stockholders have made efforts 10
tsve the rate increased, Il Is believed the usua
- cent for the Quarter Will he declared.
TINTED STATES STEEIA-The United States
sfeel Corporation is now operating on a basis OF
shout s. Per cent of its blast furnace capaclty,
co-rnsreS with ~ per cent a year ago. A heavy
bZin movement of steel rails is expected 10 de-
Yelop after July L
CHICAGO EXCHANGE SEATS UP--A seat on
the Chicago Stock Exchange has been sold Tor
3 a0 an advance or $40 in the last two weeks and
sao IN the last year.
SJPTSSrn%C DIVTDEND.-The directors Of the
Nfuissug Mines COMPANY declared yesterday a
nus-5erIv dividend og 8 per cent and per cent
extra. the same that has been PAID IN the iaSL
three quarters There was a report before the
meeting that the stock would be put upon 4 ~ per
cent annual dividend paying basis by the decLaTa-
ton of a straight 3 Per cent quarterly diVide1ld
E-t the directors decided, apparently, that the
rue was not yet ripe for such action.