New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-09-15
TOPICS OF THE STREET.

FOREIGN TRADING-FoTeign houses
dealt in upward of thirty thousand shares
in the local stock market, about evenly
divided between sales and purchases A0oL
TRACE firms thought that large part o.
the buying was on orders from 1his Sia7
for effect upon the general market.
DrvIDENDS DECLARED 49, Dividends
have been declared as follows The est-
ern Union Telegraph Company. 1es1La-
quarterly q Of per CEN; paEapi So-1r9,7
initial seni-anuual 31z per cent on me hIst
preferred, payable September 81 Ioleo2
ST. Louis & Western, regular quaC 6etab.-
ne~ cent on the preferred, payable OclooeI
Is; United Shoe Machinery, regular qua
terIy per cent on the common ana IL ~
piano Company, regular quarterly IA per
cent on the preferred. payable SeptelItel
3n: the MAY Department Stores CompanF'
initial quarterly 1% per cent or L IIe
Trust Company. quarterly per cent. pay
able September 80; Hor1estake MinllS
COMPANY regular monthly 80 cents, pay
able Septemper Is: the Gorham Manufact-
iIring COMPANY. regular quarterly IL per
cent on the preferred, payable October =
PhiLa deIpFia regular quarterly per cent
PAYABLE october 10. and American Type
founders Company. regular quarterly ia
on the common, payable October T.
NEW YORK & HARLEM DIVIDEND
The New York g. Harlem Railroad COM
pany has declared a seui-annusl DIVIDEND
of IL per cent payable October J. OUT OF
rental received for the Fourth avenue
lines from the Metropolitan Street Railway.
The rental OF 100000 yearly IS equiFaient
10 4 per cent on the Harlem STOCK aIlG
until April, 1903. that rate was paid. Wr1en
il was discontinued becaSue of the failure
of the Metropolitan Street Railway 70 set
tie the franchise taxes as PROVIDED IN Ihe
lease These back taxes, however nave
now been paid The dividend from the
Fourth avenue rental. OF course, Is IN no
y-av connected with the regular guaranteed
.o--S nv .
Central on the New York & Harlem stock
COPPER MARKET CONDITIONS 80
Sales of small lots of eleCtrOlyt1C copper
continue to be made on q basis Of 1372 cents
a pound, which is about quarter OF a Gem
below the quotation Of the larger selllnS
agencies and producers. The latter cor
tinue 10 quote f25s6i2s4 cents q pound. but
sales at the higher level are small 4
least sixty DAYS before the general cur
tailment throughout the country Is re-
II is unlikely that the current month will
show any large decrease in COPPER stocks:
If there is z decrease at all Deliveries OF
copper will probably fall below what they
were in August The fact that conStmp-
ton has fallen off over the last several
weeks has influenced large number OF
consumers to postpone purchases for future
delivery.
SECURITIES ITSTFD-The following
securities have been added to the Stock
Exchange list: Western Electric COMPANY.
IS. .G0h first mortgage . per cent bOn0S-
due 1922; $4,000. 000 additional ordinary
stock OF the Canadian Pacific Railway:
81 800 600 additional first mortgage and
collateral trust thirty-year sinking fund
per cent bonds of the Pacific Telephone
and Telegraph Company: s11.000.00O first
mortgage + = per cent bonds due 1884. OF
the Rock Island, Arkansas & Louisiana;
81 1880, 900 general mortgage . per cent
sinking fund fifty-yeaT coupon bonds, due
1889, of the Public Service Corporation OF
New Jersey and $3.50. 900 first mortgage .
per cent coupon bonds, due 1927, of the
Bolivia Railway Company
DIVIDEND PASSED-The United Rail
ways of ST. Louis has passed the pre-
feTred stock dividend which has been at
the rate OF Ia per cent quarterly The
company is controlled by the North Amer
lean Company through common stock own
ership The preferred stock is chiefly IN
the hands of the public
ADMITTED TO DEALINGS-The Z Z
du Pont de Nemours Powder Company
rights and the General Chemical Company
rights have been admitted 10 dealings on
the Stock Exchange.
NEW CORN EXCHANGE BANK
RRANCH.-The Corn Exchange Bank an
nounces that il Will open another branch,
in the PENNSYLVANIA Railroad Station. at
Seventh avenue and $50 street, beginning
business on September 1S.