New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1909-11-25
TOPICS OF THE STREET.

FOREIGN TRADING.-Forsign houses
did little IN this market. total transactions
being only Zoo 60 s4lo shares. with pur-
chases and sales about equal IN amount
DIVIDENDS DECLARED. - Dividends
have been declared a. follows ReJu1lic
Iron and Steel Company, regular quarterly
IA per cent on the preferred stock paysb.s
on January l. Calumet and Hecla Mining
Company, regular quarterly $ a share.
PAYABLE on December .. Boston a Albany
Railroad Company. regular qla-rerly -
per cent. payable on December 81 Childs
Company. regular quarterly 2 per cent On
The common ana Ia per cent on rne pre-
terred. payable on December To- Ienuesses
copper Company. 81 - a share. pava1ls on
December 3; the last previous dividend On
tins stock was s. 3 a share. in Seprsmbsr
1905 Norfolk Railway and Light COMPANY.
regular seni-aunual . per cent. payable "a
December s
GOLD ENGAGEMENTS euEaE--
meuts Of gold coin for export 70 Argentina
on SATURDAY are 500 no by Heidelosch.
IckelheimeT & Go. and $1,000 BY tne Va
New York has shipped an additional S3oe0
IN gold coin 70 Montreal
CALAVERAS COPPER COMPANT--Io-
stab r. Trerise. a director and consulting
engineer Of the Calaveras Copper Company.
hich IS now making public offering OF
80 60 shares or treasury stock al ~ a
share. says OF the property: 7 nc prop-
erty IS fully equipped with mn and slnetler
and Is in condition FOR early production.
though h may be several months before ~
actually begin the output OF copper We
have n u1inera1ized zone 90 feet in width
and 5000 feet in length. and the pay ore -
81 70 n feet I'm width though Ne nave not
developed % fOr more man p" Zee N
length We have nearly lt1eH tons or -
on the dump that VIII average : per cert
copper. a RI ready 10 mill. and We have cor.
servatively 100000 tons Or ore uncerSronnd
blocked out that VIII average p-I
conner and better The Ames estate nas
expended over G.5e900o on this properIf.
when 10 was known as the Z Mon Copps-
Mines OF Copperopolis. and the great bulk
OF this money has been expended anoVs
ground in equipment
SECURITIES LISTED.-The following
securities have been added 70 the STOCK
Exchange list, E0.000ooO real estate nrst
mortgage AL per cent bonds OF Armour &
Co. s. 30 co. irSt mortgage . per cent
+y-en+v-4ive-vear COUPON bonds or the Corn
Products Eednlus Company. Sol"Veo sec
Oud mortgage tWenty-y ear 10 Der cent cpu-
pon bonds OF the kanawha q Michigan
Railway Company. Si'noN addiJlonal Sc
oud mortgage 4 per cent coupon bonds ~
the Atlantic < Danv1lls Railway COMPANY,
& 591 100 refund1nE and extension ulor --d5'
tyveuty-fve-year per cent coupon bonds
Of the Union Electric Light and POWER
Company and So.46l,Oo reiundins ana 81
tension mortgage 81 per cent coupon bonds
Of the Milwaukee Electric Railway am
Light COMPANY
OPENING LONDON OFFICE
Plympton. Gardiner & Co have opened an
Oftce at No. - old Broad street, London,
= o.. under the management OF John r.
SofO and George z MusgrCve
& r RAILWAY FINANCING
The ElEfn. Joliet 4 Eastern Railway
Corporation. has increased its capital
stock rom - Ooo 80 20 $1,000 eeo y - unaer-
the Chicago. Lake Shore & Eastern Rail
vay OF 100000 cash. a. provided co. n
the lease OF the latter railway. which owns
me exclusive railway and terminal -aci-
ities ar the Steel Corporation new plant
AT Car. Ind. and AZ the South chicago
and joliet plants or The Illinois Sree- CoTfl-
panv. The Chicago, Lake shore q Ezs'.
ern has outstanding s. 000000 bonds. issued
for 80 Der cent OF the cash cost q rs pron-
erry and guaranteed By the United States
steel Corporation and the ElEtn. Jolier
Eastern Railway. These bonds were SOD
some time ago ~ William A Read 4 -.
and ~ Is understood thai a public o1sriHs
nrn
EXTRA DIVIDEND The Safsrv car
Heating ana Lighting Company has d.
Clarad the regular quarterly dividend Of 4
per cent and an extra dividend or ! pr
cent. both PAYABLE on December ~
To INCREASE CAPITAL STOCK-Ths
-l1tna Insurance Company ~ Ha-trord
PURPOSES increasing It's capital STOCK rem
Ao,ooe0 70 S5.0o0 600 the adduionsl STOCK
20 be sold az no thus adding s. 20 80 %
surplus, as weu as SLea.000 % capital
IRON AND STEEL CONDITICNS-
me weekly reviews or the iron and sre-i
industry report continued dulness n 20
IRON. bur much activity In finished ms-
terlals The Iron Trade Review an
nOunces thar the contract for four q ne \
six Brooklyn subway sections. variousr
estimated as calling for from - - n So"
bars has been awarded 10 the Amsrcsa
Bridge Company. the steel 20 ~ suppl-a
~ me Carnegie Steel company. wh..s
WI slsc Supply me lo.eoo tons Or -
Tor the new 81 Louis bridge o. Whia
$3.50 tons VIII be nickel steel "Ths Ire7
Trade Review also says
The contrast OF heavy buviDE Of II
lshed materials and decided IuieI in y
IRON IS pronounced ar present There
nothlnS 90 indicate that the activity
me mills VIII be decreased, and me -
IS general thar the luu IN pig iron 3 te.
narary Pr IS expected that p-odus,ion o. :
Pig non and finished products Tor Nol-r.
be- win fan httle. II any. short 81 "a.
Tor October. Heavy buying of sheets ~
tlnpiares has been a feature 81 The "a
American Sheet and Fin Plate C0nlpt
during The last week was the largesi
rs history Recent advances on prices b
rs products have been cheerfuliv accel,1.. q
BY buyers In spite OF considerable inasI.
N some parts or the country, the plS . m
n2rket. as a whole. IS very quiet tng 80
SOFT spots have developed Railroad 80
ing includes $50 cars ordered BY
mage OF steel"
The Iron Age saws
The prospect OF a winter OF agitauo1 a
w ashington over the status ~ lars- - q
forations IS undeniahly a factor n a
estimate OF the course or the iron - 81
Vet there - the feeling that the pfss.s
movement has such "a momentum ana -
been so soundly developed our ~ the ~
mniated needs or the county that no - *
1nsettlemenJ - O. b booked ~ ss,s 4
CtAused oy the business OF tne ia.- - Is
The steel trade - ar high tide pross- ~,
Leading FiJtsburg interests report -
their new orders and specifications ~ Ia.
time have exceeded All NecordS- Li..s 10
examination d to be made eetWrc,, ~
classes Of mills a. Co hs volume ~ ~
miand. sheet and tiuplafe plants sitfcs.
prominently In the lssI week. ne"~,rs~
The American sheet and Tin Plate -
PAM reports the monumental wesN
history a
Rail orders include lt.'eo tons Cor
Lehieh Valley. The struct urai tra1o -
tinucs active Plate mills are failnt .
ther behind ON deliVcric and car 80
are Increasing their sDerldcations mss-x
ediV The market fpr billets and snce...sr
Indicates furt her elimination IN re -
Of semi finishes, steel available lor
mills Biilets have sold al < /" - -
pitfshurE The niE iron market r.