New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-26

FOREIGN TRADINCI.-TransdcuO IOI
did not exceed 5000 shares. the business
beirg about evenly distributed between
sales and purchases
COPPER MARkET.-Prices for copper
were unchanged yesterday. with elecIro-
the latter being the United Metals Selling
Company's price Only two OF the more
mediate delivery below q cents and their
supplies are small As q result geneIdLS
prevailing 13c price Is the lnnnedlate plOs-
pect. Inquiry and delivery are reported eA-
ceIIeut Foreign stocks are the keynote 20
the situation and Withdrawals OF lfnpoI-
lance from store abroad would have an I'M
mediate upward effect on prices mere.
Lake is selling at a trife better tnan Is
cents, with the majority OF safes caIIlLs
for immediate shipment indicating scam
lily stocked condition on the part OF puI-
chasers.
PACIFIC MAIL, STEAMSHIP COM
PANY.-WilIiam G. Rockefeller was elected
a director OF the Pacific Mail steamship
Company at the annual meeting OF tne
stockholders of the company yesterday 10
succeed the late z H Hartman Moru-
mer L Schih was elected director 20 sue
Dort for the wear ended April 80 showed a
deficit after all payments OF s2l4.SII. a oe5
crease OF s125,10S from the denclt repOrIeo
in the preceding year
Steel, TRADE CONDITIONS--Repor
from the steel trade state that there IS an
active demand for bars, shapes and plates
The feature Of the market, however, IS Cfs
inquiry for wire and wire rods. This Dranch
of the industry is more active than any
other It is expected that wire sales TINS
year will reach the largest total ever re
pending among them an order for seven
Thousand tons Of structural bridge material
from the Pennsylvania Railroad ana sew
eral rail orders from Western roads
H. Rollins & Sons, Of New YORK. Bosto oLa
Chicago, Denver and San Francesca Ar aTo
offeri1g to investors city of Oakland. Ca
Az per cent bonds, due January L lSu 20
1910 AZ a price which will Yield 70 the in
vestors 4S5 per cent These bonds are tesaI
investments for savings banks ana Tor
trust funds IN New York state
DIVIDENDS DECLARED.-Div1dend
have been declared as follows; Twin ely
Rapid Transit Company, regular quartsrIy
IA per cent on the preferred, payaDle J uly
1 and Massachusetts Electric Companies,
regular sen1i-annual per cent on the pre-
ferred. payable July L
MAY COTTON DELvERIES-Iti is est.
mated that from $4,000 10 $1,000 bales OF
cotton will be delivered on May contracts
by the end OF the month. rms Is sns
largest volume of transactions IN May nut
ures for any year In the history OF the
cotton market.
PENNSYLVANIA EQUIPMENT TRUST
Asa large portion of the SlCoo,cD per
cent Pennsylvania equipment trust cert1n-
Gates, which were offered by Z s SnlIh
& Co. Kountzs Brothers and William A
Reed & Co. has been placed in London
NEW COTTON EXCHANGE MEMBER
Richard c. Platter, Of Nashville; rem.
has been elected member OF the New
York Cotton Exchange
JOSEPH H. CHOATE, JR.. IN MUTUAL
LIFE.-Joseph H Choate, tr.. was yester-
day elected a trustee OF the Mutual Lie
Insurance Company, 70 succeed the late
Dunlont Clarke.
SECURITIES LSTED.-The following
securities have been added TO the stock
Exchange list: Kings County Electric
Light and Power Company, a,511,000 Per
cent convertible debentures; $4,000 add
tiona1 consolidated mortgage per cent
bonds OF the Bush Terminal Company,
ma king total listed s.s29. 900; 100000 add
tional consolidated mortgage per cent
bonds OF series OF the Vandalia Railroad
Company, making total listed a0Ooo.0oO.
SO $4,000 additional convertible ten twenty
i've year per cent bonds OF the Norfolk &
Western Railway Company, making the
total amount authorized to be listed S25,5oS.-
Oo0; ses2, 600 additional refunding mortgage
per cent bonds of the Chicago, Rock Isl
and & Pacific Railway Company, making
the total amount listed $50 11S.0oo. and s3-1N.-
600 additional general lien hfteen-twenty
year per cent bonds Of the St Louis &
San Francisco Railroad Company, with aU-
thoritv TO add s.. SS1, 900 additional, making
the total amount authorized to be listed
"A