New-York tribune., 1910-01-23
Topics OF STREET

TRADE CoNDIT1ONS.-Walk ak
roPr6clns letter says: copper IS a snsae
r-s coHpSesre is Il 70 l4ls cents ana eIec-
ssss1.c 1Ss. TO i ceHtS q oTt stock market
sruidstlo lou. ~ the reports that the plan
sn6 f-aneraI consolidation or the large
for s~,Ss q mining companies Eas Deen en- hese So
prccnsc..,IrsSaTarily arc responsive LOT 0 . W
n teIf!,,s Of tie metal market. on the
ogieta a.sns the result OF the electson IN
otle;. 'Tsr;tain tbs week mas appaIestssS t,'s,
rore iU-.7 .,5 has stimulated an increased
eercea snying demand. The announce
tereieh. II will Re unnecessary 20 close
risHt ,,r oss' more Of the Butte mines because
doN-n 81. itr,,r1er's strike and that those
Of re s-e idle are resumiTg operations
rhicn. factor which has checked semi
r sa.l.jstiye buying by large consntt,e sitio,1s
ssecsesr e no change in basic condltiolls
Thefe business is steadily improving
eene9Sil- in this country. and consump-
s.If ESP - copper is rapidly increasing: ne ne
Trosio ave:lsbie pound OF surplus rnefal
tstf, MO consumption in the coming SIX si,,
VII and that the price or copper VIII
rs.. - higher. considerable nunlne' ne.
eoon ,arre producers are showing ms
q ct:.;on - 10 hold back portion OF Iheir
rosl.ss ,else~ing firmly that they viii De
oa,p.Ss spIi ? little later Al i cents Wheh
80 ,rice Is reached. however. al pro-
thsl = VII be found ready. TO sell as long
o.sev can supply the demand. 1t rs
80 POSSIBLE however. that coppeI WI WI
seU ahcye - GEMS
pres--T6N MOVEMENT. The total port
49, ~ cotton follow: For the week
- January y the total Teceipts were
,uns bales against I"sf.S .staI rece;I,te
cedlns cE,rarr,ht.-, 1909 S.527. .9S5 bales,
flS,-s. 0.5 9ls bales for the same period
= ias e. showing q %, decrease s1nGe s,Ip, sep,
te.-.~. from the South state that rain has
- General during the week. With the
ess,.-.aIsture much higher Ram mas peen
-. .5,rollghotlr Louisiana. MISSISSIPPI and
le.-sss The Memphis banks, according
.s~nY- yesterday. are urging cotton
Q ...-s rot 20 sell bale Of cotton al any
c5nctssiol.
bA,,s. bA..n eo- re Knitted States for the week
Ces.s fanusrv - zone day esfinlated).
ssa.-Serding 20 The Financial Chronicle"
50 4 10. 81 sS4. against sSS5S. .0S3. .942 last
49, ard & TT5 $3.50 for The weak ended
v,ss-T q lena Compared with last year
=. totsl bank clearings have increased 5s.5
- cent New York city reported an in
I-sess az q , per cent. New Orleans of 42.4
- @snff Chicago of IS per cent and Phila-
ssphla Of e. per cerrf.
TFBTcH & WTLKES-BARRE RE-
rfNpING MORTGAGE.-A meeting Of
- stockholders of the Lehigb and Wilkes
ss-re Coal Company has been called for
,sv-rh . n authorize the creation Of a
-s--tsage 10 refund Sl2-I75.o0 4l2 per cent
-.,s-n.seii5ated mortgage bonds and $4.s21, coo
Scr
s-.s next ana s. s61 coo Of the per cent
;szn due November I, 1872. This company
: -ontrolled by the Central Railroad Of
Tav Jersey.
.bips transferred = Solomon Sturges 70
washington 9. surges. of solomon
s-Trges Co. Chicago: Frank $ Hamble-
;s5 deceased, 10 H. Pendletou Rogers. jr,:
= rucene Never jr.. & Co, No. Wall
s--set9 Henri w Banks. jr. TO John I.
weeks. Of Luke, Banks & Weeks. No. Is
val street Membership posted for
t7snsfe--Jaco5 htrkner deceased. 70 John
r Krkner Sponsors; ". B. Wadsworth
sud John II. GT1esel
wAHONTNG COAL DTVIDEND.-The di-
..Ttrrs OF the Mahoning Coal Railroad
ssrs declared the regular semi li-dnnual divl-
Ssud AZ 5 Per cent ard an extra dividend
n 81 per cent payable on February !. The
rarnpsnv IS controlled by the Lake Shore.
end the extra dividend distribution Is
fho.zht Or some observers TO be a step IN
r-snSrafion bv the New York Central 10
s5rsnce its dividend 10 a 8 per cent basis.
TINTED BOX BOARD.-The United Box
BesFa Company reports for the nine
rteE4sE3: gross profits amounted TO &27.-
81 Administration expenses were $49 Z9h.
l.srtng net earnings of S7S.503. 10 which
ssF npr from subsidiary companies sS4-sS4l.
forsj s-ia 81. interest charges amounted 10
sE ~ Leaving & deficit for the nine months
q a242i.
sPPIICA-TON TO LIST. - Application
hss been made 70 the Stock EGCnanGe 70
list g. fss ~ first preferred stock, S,0fo.l1
sscond preferred stock and slS-3S0.7 700 com
mon stock Of the Pere Marquette Railroad
5onpar.7 also 3 5Sl 4g0 additional first pre-
fsr7ed stock Of the United States Rubber
Company.
FIRST NaTTONAL OF MORRISTONN. y.
II. Ward Ford has been elected president
n rbe First National Bank of MOrriStOTn.
< : Nr Ford IS a vice president of the
Windsor Trust Company Of this city. The
First National Bank Of MoTTiEtown has
Cspital Of S2a1 aH0. surplus and Undivided
rosts of sg59"9 and deposits Of upward
Of < Efa mn
EQUITABLE LIFE BUYS 900 .ooo NOT kaS
II Is announced that the Equitable Lie
Assurance Eocietv oT New York has puT-
chased S5Aafsa ; per cent collateral notes or
ne Memphis Union Station Company. This
Z part Of a g. 5aa.H9o issue.