New-York tribune., 1910-07-22
TOPICS OF THE STREET.

FOREIGN TRADING.-FOrefgn opera
ttons in the local stock market were @ col
fined in large part to Amalsa1ated Coppga, -.
purchases of about 6,0o0 shares OF shs lS7U7
being reported for London account
COPPER CURTAIL4MENT.-The arg
copper interests admit that neSotIa o .IcL-e
looking toward curtallment IN CoPp-
production in this country ana LUZ fopS a.
under v-av The matter has been Lalkeu
over here and abroad. and the consensus "
opiufon IS that tentative negotiations oy the
large interests abroad have resulted II q
plan of read j1stnent. Naturally no oii-
cial announcement IS expected. Du.
believed when John D. Ryan, D DailieL SIu-, sl,
genhefm and L. II. BrouSntOn return -, -
the other side definite action VII pc ~LaheI ~
which viii result in a material curtalllilstit -
in the last half of the current year; NE
Po+bschilde have been prominent IN the ne
gotiationS abroad and the plan 70 cur a. a.
output viii not he confined to this couiltI
alone. It is claimed that IN the last IlsL - y,
the year the output Of this country CaiiaeIe Ca
and Mexico will be reduced by y per cent
which would mean a silrinkage OF close 20
15o 0G0 O10 pounds. compared with ptodu-tlO-l
in the first half Of the year
REGT-LAR AMALGAMATED DIFI-
DEND-The directors OF the AulaiSaIIla JsI
Copper Company have declared tne Teeot Tee-
quarterly dividend of one-hah OF / per cent,
pava bic or August -. The directors or me
Boston and Montana Consolidated CoPPe5
and Silver Mining Company nave OecisIEu
the usual quarterly dividend OF 3 snare
and an extra dividend of s.. the latter com
pairing with 81 extra at the last preceulh7
dividend period II is stated that tle-ll tle IN
creased extra dividend IS due 70 tne HlOiteS
received by the company from its holdings
of Anaconda Copper Mining stock
FIDELITY-PHENIX REPORT : the
seTui-annual statement OF the F11eutS-
Phenix Fire Insurance Company SHOWS
total assets of S13. 900 and pohcyholders
surplus of 81 10000. The company owns
g. 23S DGO in stocks and bonds, while II has
in cash on deuosit over s4O0O1oO The com
pauy, which is a merger Of the Fidelity ana
the Phenix. Is meeting with much success
in its underwriting 1t does business IN All
the states Of the union and IN Cdnada
DIVIDENDS DECLA RED.-Dividend
have been declared as follows; Cambria
Steel Company, regular quarterly - per
cent. PAYABLE August 10; Chlcago. 81 Paul,
Minneapolis & Omaha Railway regular
semi annual 81 per cent on the preferred
and common, payable August 20. American
Caramel Com pauy, I per cent on the com
mon PAYABLE in four quarterly fustalments
beginning Sentember I. and Illinois Cen
trail regular seni-annual 81 per cent, pay
able September l.
WESTERN UNITED GAS.-The Western
United Gas and Electric Company, OF Hi
uois. bonds Of which were largely sold in
New York five years ago by y. " Halsey
6 Co. reports increases since 1870 OF . per
cent IN annual gross earnings. - per cent
in net earnings and g. per cent in surplus
earnings. The company Is earning net two
and half times all fixed charges.
TRI-CITY RAILWAY OF DAVENPORT
The Tri-City Railway and Light Com
pany. of Davenport. Rock Island and Mo
line, the per cent UOuCS or W6Ic0 we're
largely marketed in the East four years
ago by y. ". Halsev & Co. reports SUB
stantiaI increases in gross. net and surplus
earnings for the twelve months ended May
81 The com pauy earned. net, 1856 $50 s.. or
more than double all interest charges
CENTURY BANK INCREASES CAPT-
TAL.-Ths stockholders OF the Century
Bank have voted 70 increase the capital
stock from $4,000 TO $50 -OG0 The new
stock viii be offered to stockholders at
$50 share at the rate Of one share for
each share held The current market
price OF the banks stock IS 170G175.
SEATS POSTED FOR TRANSFER
The New York Stock Exchange seats of G
Hunter Brown has been posted for transfer
70 Theodore c Eastman and OF Henry N
Whitney TO Douglas R HaTtshoTne- The
seats sold for $4,000 and $500. as com
pared with $500, the last previous sale
NATIONAL RAILWAYS OF MEXTCO-
The National Railways Of Mexico have or
dered new equipment costing - GG1.010 gold.
making the largest order Of the kind ever
seEt out OF Mexico.
APPLICATION TO LIST-AppIication
has been made TO the Stock Exchange TO
list 30 1850 additional common stock OF
the Western Maryland Railroad
CHANGES IN AMERICAN EXCHANGE
NATIONAL BANK-The board OF dfrec-
tors Of the American Exchange National
Bank have recently elected Walter H Ben
nett vtce-president and cashier and appoint
ed A. P. Lee. Ebert \. Bennett and George
9. Haigh assistant cashiers and Hugh s
Mcclure auditor This enlargement Of the
official staff mas been necesSitated BY the
increasing business OF this institution