New-York tribune., 1909-04-28
TOPICS OF THE STREET.

T0PETGN TRADINIT--F0TelgW
only few shares in the local market. chiefly pur-
chases In London the general market was lrres-
ular and inclined 10 sell off Consols were lower.
also the mining shares Money was easy al uIe
British capital for call loans and discounts re-
rnsined unchanged at Mondays low level No eX-
tended bull account disclosed at the settle
-,an+ -T5e coDrango rate on American issues was
o. per cent while the banks charged "a per cent
for stock exchange loans. Parls eAchahse "i LIN
don a trife lower.
TERMINAL, WAREHOUSE FINANCING.-The
directors Of the Terminal Warehouse company
have decided 10 declare % per cent STOCK dlNlS :
dend, and 10 ask AUTHORIZATION Iol al .t - noa
y gOg 600 rer cent hfty-year bonds OF Whlch SI'o-
800 viii be used paying of the S25oooo hrst mort
gage and the $4,000 second mortgage DChuS @ NV
ding The remaining slo0ee09 VIII be issued
from tine to time real property Is acquired Dy
the company, al the rate OF S-fr5 race Ndiue "a
such bonds for every 5000 expended for additional
property ana Improvement In accordance WIN
this decision a special meeting OF the stochii"ueiz
has been G. He'd for MAY j to ratify the proIosu
Increase in capital stock from ASDvo 10 $l'-''''''
the additional shares 10 be distributed among stock
holders as a stock dividend At the same nleel.hb
the shareholders will be asked TO Tatfy the pro-
posed bond issue.
COBALT MINING DEAL-One Of the most I'M NJ
T1o-tant deals Of the year in the Cobait camp -
announced by the banking firm Of Thomas \eNlIi9
& Son Of Nc. 81 Wall street. New York. VINO co.l-
troll the Cobalt Central Mines company % aiIu ~ ~
reurIrn Mines Limited. The firm authorizes 'lt
statement that the Argentum company mas eIitgIe
into five years working agreement VIII tiie g
Ter mine one Of the best known companies IN M
camp and whose properties are contiguous 10 t,le
lawson and Cobalt Central mines ana III 1e w
So - ,Ta t<err Lake and Crown Reserve. Ar
er+1ITo Is 70 operate the Foster in conjunction WIN
its own mine. ana mas afeauS Des'
On both properties
rFRvAH LOAN DESCRIPTIONS SubscTipo ipo
-9or,s IN be recently authorized issue OF 90
marks Ir9reriai German per cent ana foV.oog.O
-i, I5-,eefs1 q. per cent loan viii be received
hy the National Bank of Commerce III ~ r. ~ .
Until MAY 2. inclusive, free OF ciarse ,o,zs &c
Hcfa1 s,becrirtion price Of the per cent pohus -
100 "a ami that Of the g. per cent s5-eo-
THE COPPER HANDBOOK ne eisItn zI'ns a. ~
rual edition of The Copper Hahdpooh, t as
usual much valuable information on tlle cop!I i
trade conper companies and conditions oNe.!pS7
the Industry The work contains more , IiIa a,e "a, an
~ f-.e-ee, -han in any preceding edition ana VIII
make an interesting addition 10 ule '-rha
metal men and business men IN gen." ,.at1ad
princircal chapter Of the book HeNoteu - -
desrrir,tio,s of the copper mines OF the eLo"e' @
LIS uaees describing no less tnail o''"I n
mines and copper companies IN an paris So, ~ -
,orld c,,n,arnr with 1927 listed in the edlloH o4
1907.
THE COPPER MARKET-Copper prices are "a a
Shade easier as result oI I .iie - soId ,,ester-
ton in London Electrolytic copper solu -
dav Fl a shade under l2ssc a pound - bus -
copper IN che current month mas DeeI 9 ia III
unless large orders are placed this week Saies
fsp fsr belo,- ,ghat thew we're in March In order
10 prevent a further increase in surplus copper
this month deliveries of copper sold in reoru"S
and March will have 10 be depended upon
BAR SILVER HIGHER--Bar silver in the Lon
don market advanced yesterday 10 241sd' tIe a
price in the current year and within 'Ld oi .iie
best price IN 1908 Buying OF tHe t iheLaI - -
account is an important factor in the adNaio-
The present price compares with 30 o-loo ~ I'o'
IN the local market bar silver SOLO SeS'ei"o' "
52ssc. advance OF &c.
STRICKEN FROM THE LIST.-The Stock h-X-
change has stricken from the National Rail-
road Company OF Mexico Mercantile Trust COM
paay certificates Of deposit for the first and secohu
Preferred
NEW PRODUCE EXCHANGE MEMBER l.
Aoyse OF the firm OF Edward Moyse e. Co mas
5een elected member Ct the New York PT'auce
Exchange
,ANKER SAILS FOX EUROPE--E. T. Black.
sf y. ". Harris & Co. sails on the Lusltanla 10
e>s fcg q brief vacation abroad.