New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-05-08
Tile GUARANTEE oIds.s,
AND TRUST CO s and Hssi
Capital and Surplus R9sesae
SD. 5000 nNewfo1s
TOPICS OF THE STREET

FOREIGN TRADING--F'Oreign houses bo---
stocks I'm the local market yesterday for the 81
time this week, taking between dfteen thovzs-a
and twenty thousand shares with the hesrs-
dealings in Steel common and AmaIgamated ~
per. In London the general market was bigssl
also at Paris On the London curb AmsraI
stocks were strong \ frmer tendency was y
ported IN the British money market Contins--I
discounts were unchanged Paris exchange
London advanced &c, while Berlin rates Ess
lower
BANKS GAIN CASH.-The reported movsn--
Of currency this week indicate a gain in cash I'll
by the banks of 1881 GEO. which came almost II
tirely from the interior. The banks received IN
the interior $40 $4,000 and sent To the inter-
S5,9S.000. including $4,000 transferred through a
Sub-TreaSuTy to San Francisco and s. lSlf1 II
tiOnal banknOteS sent to Washington for reds-J
ton The gain from the interior G5za|
Receipts of new gold amounted % S254.00. uz-s
~ on New York Assay Office checks A07M 4
San Francisco mint checks Slsa,ttp and on Sesrl
Assay Office checks S2GI1. Exports Of gold amour
ed to 81, 0OaOC0 in bars sent To- Paris early n
week The banks gained on Sub-TreasUry olssl
tiOns $4,000
THE COST OF Bradstreet's says Il
steadiness with strong undertOne is the chief ca
acteristic Of commodity prices. the level Of SCI
one hundred articles being considered Here Il
there noteworthy recessions are visible. but 4
Ciines during a months time are well nigh c1-
terbalanCed BY advances The index number 1
May 1 was $S30l6. drop OF only One-tenth q
per cent from the relatively high level attain
l.
figures S9515L That number was the highest
corded since December I, 1871. Obviously the l-
situation Is a remarkably strong one, partc1Z
thirty-three articles advanced IN april. u
twenty-five declined and fifty remained stauonz-
1t is due largely 70 light supplies OF cereals Fl
verse crop weather and the high cost Of fss- i
animals which fact in turn makes for expss 4
meats and also good prices for hides and sa-z
The index for May 1 was the third highest Hgs
tered since December I. 1877. the other rsrr
being made April l and February I this va
The MAY I level. s.. 5O16. indicates an advance 4
fOuT-teuths OF 1 per cent since the opening e
year and Of ~ per cent since the low point
the present movement, which was touched On u.
l. 1908.
GRAIN EXPORTS FOR THE WEEK-5z'
streets reports the exports of grain for me ss
with comparisons. figures in bushels. as foaE
Wheat. flour included. 40. 969. against Ss.3E Is
week. and 1.S56.SSS last year For the fiscal e
to date. 153 40 compared with lSlS+a
the corresponding period a year ago. CORR >
T34 contrasted with 64+.S7S last week. and -
In 1875 For the fiscal year 10 date 2S.562S-s asl-
- 3556S3 last year
EASTMAN KODAK EXTRA COMMON Dr.
DEND.-The Eastman Kodak Company has
cIared the regular quarterly dividends Of =
cent on its common stock and 1ie per cent y
preferred stock. payable July I % holders o.
ord June / The company also has declares
extra dividend OF > per cent on i-s common ~
payable June I 70 holders of record Nav y
COTTON EXCHANGE SEAT SOLD
Bond. Of the Stock Exchange firm IT Bond & =
terrified has sold his second membership on
New York Cotton Exchange to Daniel B. Hl-
$4,000
COPPER EXPORTS Exports Of copper l@
week ended May We're 6,572 tons. coUpaIsl
4.241 tons in the same time year ago
PIG LEAD HIGHER--The American 81.
and Refining Company has advanced the pms
pig lead from 40 to +25 cents a pound
COPPER SALE AT Is CENTS--The AZ
can Smelling ard Refining Company yesteIua.
.OdO. 600 pounds Of electrolytic copper al Is '@
GOI.D FOR ARGENTINA-CioIi 70 the ann
of SqOD OC,i was taken Yesterday for shipment %
gentina, making SlS.55OtO9 since January L
NEW COTTON EXCHANGE MEOL0H--,s
Lawrence Watkins. tr-. has been elected d -
of the New York Cotton Exchange