New-York tribune., 1909-12-11
SAVINGS BANKS.
TOPICS OF THE STREET.

FOREIGN TRADING-Forelgn hous-s
dealt IN upward OF 1000 snares in the lcca.
stock market selling on balance.
BANKS LOSE CASH--The reported
a loss IN cash held by the banks OF $500
The loss on Sub-Treasury operations and
by gold exports offset a mOderats sized
amount The banks gained from the IN
terror 81. $4,000 and shipped TO the Interior
slo.3S4.0oo. OF which s2.10o,O00 was transferred
through the Sub-Treasury 10 san Fran
cisco and s2.S5.O 60 national bank notes were
sent 10 Washington for redemption. Ths
gain from the interior was G.4l6.0oo. Re
ceiptS OF new gold were So. coo; namely on
New York Assay Office checks. S8l4.l00; on
San Francisco Mint checks. 5000. and on
Seattle assay office checks, S.O0o- Gold sx-
ports during the week amounted 70 $780,
Ooe, OF which S.50o.000 was for Brazil and
$4,000 for Argentine Ordinary dIs1urse-
menIs oy the SUD treasury were S-Ssss.eso
ury for customs. internal revenue, per
cent redemption fund. etc. were SSl.S58.000.
showing loss on Sub-Treasury operations
proper OF & 10000 The total loss 10 ina
Sub-Treasury and by gold exports amount
ed 10 S.1O0.000. Deducting therefrOm ths
gain from the interior and by new gold. the
net loss by the banks was s2,S53000.
DIVIDENDS DECLARED - Dividends
have been declared as follows Union Sag
and Paper Company, regular quarterly
per cent on the preferred. pay able January
70, Illinois central leased Ines regular
seTni-annual ? per cent payable January g.
Chicago. Indianapolis & Louisville Rail-
way. regular semi-annual rs per cent on
the common and per cent on the pre-
ferred. payable December 30; Titan Con-
sOlidated Copper Company, regular quar-
& 5sriy % cSnts; Tt,s psya2Ie Jannary - ale
payable January 3; Electrical Securities
Corporation. regular semi-annual per cent
on the common. payable January g. Colo
nial Trust and Savings Company OF chi
cagO. regular quarterly . per cent and an
extra = Of ] per cent. payable January 3:
quarterly III per cent on the preferred.
payable December 81. City Investing Com
pany. regular quarterly 12s per cent on the
preferred. payable December q, United
Traction and Electric. regular quarterly
IL per cent. payable January /; Northern
Central Railroad, regular seni-annua
per cent. payable January Is
GRAIN EXPORTS FOR THE WEEK
Bradstrset's reports the exports Of sratn
for the week. with comparisons. figures IN
bushels. as follows: Wheat. -four included.
5.sso. 90. against S.6S2.s46 last week and :
los ass IN this week last year: Tor ne asca.
Year. 76. 425. AT. compared with l0- lls.lS1 N
the corresponding period OF 1905. Corn 56s,-
924 cOntrasted with 355.523 last week and
110 .0S4 in the same week last year. rOr the
fiscal year. 46l5.s65. compared with o.5eS.-D
IL the corresponding period Of 190S-
STANDARD OII--The earnings OF the
Standard Oh Company available Tor divi-
OoO.Oo0 and 100000 year. Profits for the
current year are estimated around Ss5.loe-
go The statement IS made LhaJ the a0llJ
OF the company 70 maintain hlgn earnings
is due 10 increased production. as The
fluctuations in the prices OF the conIuOdl-
ties sold by the corporation have been very
narrow.
NEW HAVEN RAILROAD LOAN--A
dispatch from Boston states that the New
York. New Haven * Hartford Railroad
Company has borrowed S,OOO,0te on Mile
months paper ar per cent from proinl-
nent New York trust company. which .
understood 70 have offered the road A
larger amount at the same rates II
said that the money viii be used ~
current property Developments. and ne
note will be paid AT maturity with tas
cash coming in on account OF .nstalinens
OF the current stock Offering % stOck aoa-
ers OF the SoOoo,ooo new stock e -
COTTON EXCHANGE HOLLDAY.-rne
members OF the Cotton Exchange have sent
a petition 70 the managers OF the eNchanse
10 make Friday. December 81, and NJ
day. January 8. exchange holidays