New-York tribune., 1910-02-19
TOPICS OF THE STREET.

FOREIGN TRADINCf.-Foreign houses
dealt in 25,000 shares in the local Inarhet-
Transactions, as a rule. were on the Duylilg
side, with heavy purchases OF Rock Islahd-
BANKS GAIN CASH.-The reported
movements of currency this week indlcat7 ;ao
gain in cash held by the banks OF s9,4oS,-
600 They gained over 100000 on balance
from the interior. The banks received from
the interior $8.942 900 and shipped TO the In,
terror s6,804000, including $StS3'co9 nailonai
bank notes sent to Washington for redeInp-
ton. The exact gain from the interior was
s., 13S 600. Receipts of new gold were s. S5l-
G00, namely. on New York Assay once
checks s1126OOO, on San Francisco Mint
checks $1197,000 and on Seattle Assay Of
fee checks $S,I40 Ordinary disbursements
ments by the banks to the Sub-Treasury
for customs. Internal revenue, . per cent
redemption fund. etc. amounted TO *Sl'-
IeS 900, showing a loss on Sub-TreaSury Op-
erations proper of S1.0oo000. The total gain
from the interior and by new gold was
s4.469, C0N. Deducting the loss on Sub-Treas-
ury operations proper, the net gain by the
banks was s., ,469, 600.
GRAIN EXPORTS DECLINE.-'.Brad-
streets" reports the exports or grain Tor
the, week. with comparisons. p; Is nguress ;Ss II n
1.611,0S0 compared with 2,403.oo3 last week
and 2273,560 in this week last year: fiscal
year. 105. .234 12l against 133.1S9.719 in the cor
responding period of 1909. Corn I1.616. con-
trasted with 1875 .30S last week and 1,2SS,519
in this week last year: fiscal year. 11.177.391.
compared with 19, 291 SIS in the correspond
ing period in 1909.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: Boston &
Albany Railroad regular quarterly s2, pay
able March 81: National Lead Company.
mon. payable April /: General Chemical
Company. regular quarterly IL per cent on
pany quarterly per cent on the common
and ia per cent on the preferred, payable
March 10.
GOLD EXPORTS.-The National Bank OF
Commerce has increased its engagement OF
gold for shipment to Argentina by to-day's
steamer to $4,000. This viii make total
exports to-day s1,500,C00 anc a total TO
South America since January OF S4,45O,UO.
GENERAL CHEMICALS. II. Steele
has been elected president of the General
Chemical Company, succeeding Z. H. Ris-
ing and the latter has been made first
president in place of Mr.. Steele. Other
officers have been reelected.
KANSAS CITY, MENICO & ORIENT
Earnings of the Kansas City, Mexico &
Orient Railway for the month of January
amounted to $4,000. an increase of IA per
cent over January, 1909. For the last seven
months earnings have increased 80 per
cent.
DAvIS-DALY COPPER.-The Davis-Daly
Copper Company, it is understood, is ne
gotiating for the sale Of 10000 shares ct
treasury stock, in order to obviate the ne
cessity for levying assessment On the
outstanding shares.
EXPORTS OF COPPER.-Exports OF
copper for the week ended on February II
We're 4,516 tons. Since January l exports
have been ,259 tons, against 7,419 in the
same time last year.
CHILDS COMPANY STOCk.-At q
special meeting of the stockholders of the
ChildS Company yesterday the preferred
stock was Increased from s2,90O,00o to S5,-
0o0. coo
STOCK EXCHANGE SEATS HIGHER
A New York Stock Exchange member
ship was sold yesterday for $4,000. Two
weeks ago seat was transferred at $50