New-York tribune., 1910-07-14

FOREIGN TRADING-Foreign houses
were not active in the local stock marKet-
buying upward of 15,000 shares on balance
DTyTDFNDS DECLARED. - Dividends
have been declared as follows: Cleveland.
Cincinnati, Chicago & st. Louis, regular
serni-annual per cent on the common.
Homestake Mining COMPANY, Tegulsr req =
monthly 80 cents q share, payable July 70
The Sayer Electric Company. regular quar-
terly ~ per cent on the preferred, payaols
July To- The Binghamton Light, Hea( ano ano
Power Company. regular quarterly 1lz per
cent on the preferred and z OF per CENT
on the common. payable July 10 Home
Insurance COMPANY. seInl-anIlGaa q [a,p-d
as OF July 1. Federal Sugar Refining COM
pany, regular quarterly IL per cent on tae
preferred. payable August L New 4ork;
Chicago & St. Louis, regular sernl-annual
21b per cent on the first and second pre-
ferred, payable September L Baltimore
Chesapeake & Atlantic Railway, seml-an-
nual per cent, payable SEPTEMBER l.
Michigan State Telephone Company, reSu-
lar quarterly IL per cent on the preferred
and quarterly 1s4 per cent on the common
MORE GOLD ENGAGED FOR IMPORT;
IaZard F'reres have engaged SlVNIpV Sold
for import making total engagements on
the current movement S2,1J0,00o Sterling
exchange was weak yesterday, Win qe-
mand rates at the lowest level recoroed
since the early part of 1905 According 10
current indications New York VIII secure
large proportion of the South A1rlCali
gold that will be available IN the open Lon-
don market next Monday, while 1t IS prob
able that the weekly Cape gold conSlSh-
ments for a number of weeks VIII IN large
part come TO this side. Money Is easy IN IN
london and well under prevailing rates
here and il exchange continues TO move
in favor of this centre the local odhlS I
should be able materially TO increase IifI - ,
reserves through gold imports before the
a,,f,,n,n strain upon their resources de-
velops.
FIFTH AVENUE BUILDING cont
PANY NOTES.-Brown Brothers q 90: are
offering at par and interest. yleldlnS pI peI
cent 81 900. 600 thTee-yeaT per cent SecuL ~ eo
gold coupon notes of the Fifth Avenue
Building Company, which are tax eAelllII ii
i'm New York State. The notes are .;I5 q "a
rect obligation of the Fifth Avenue Bulid-
ing COMPANY with capital STOCK OF S4.
100000 fully paid and guaranteed I PrlhcaLa' 10
and interest, by Dr. Henry C.c,1rod LIE hy,
second mOrtgage subject to S6:oZOvtU @ uli-
deriving mortgages upon the flLIn ~ 445o
Ruilding a modern fourteen SUI Sol -
building in Fifth avenue, between -9u anu
24th streets
l,a.vs been current in the last few days tEaI
the dividend on Amalganated copper 49, 49,
be either cut or passed at tIle eAs n III u e11II
of the director of the company, as d IestI' 3I
of the low price prevailing for copper meta
The board will meet on July =. ana dccoiu cit
ing 20 usually we'll informed INTERESTS, !ns s
--asS,,iar Quarterly distribution of One-han OF
per cent viii be ordered. IL Is p0luleu. 80
that not only Is the company Wen lor rtliteG I!r7
H..
conner Is now close 10 9 cents poulasII'
which at the present market price OF ~
cents for the metal shows Il talr mara
of profit.
COPPER MARKET CONDITIONS, me
copper market is practically at a stahuStlll;; ta;
with CoTnparatively little buying on tne par
Of either domestic or foreign consumers
The slump in copper prices abroad haS @ ui,- = :.
settled the situation, although there Wa q
raCoyerv of Is sd in the price OF IoItISn
metal Yesterday. Transactions IN Lon1otl
over the last three days have alnouhIed 20
between 5OOOO00 and 500o.COO poundS II -
sIIpposed that a large amount or the copper
eTn6rted from this country TO Europe laSt
month was sold in the open market at IILe
host prices il would bring copper pro-
Gucers are quoting 12tg cents a pounG loI
eIectroIvtic copper. although safes nave
hsen re0Orted at 1888 cents pound
PACIFIC COAST DIVIDENDS.-Th Pa
ci6c Coast Company has declared the reg,
,,IaT Quarterly dividend of li@ per cent ana
an extra dividend of l per cent on It's COM
mon stock the regular quarterly 1i2 pc
cenf and an extra I per cent on the seCollu
nreferred and the regular quarterly - on
the first preferred. all payable August l.
roTN CONSOLIDATED EXCHANGE--
PAM = Hunt and John r Missing, or Man
battan: Otto Werner, Of Brooklyn ana Leo
ErsnkenberGer. OF East Orange. nave oeen
elected members of the Consolidated S'ocN