New-York tribune., 1910-10-22
TOPICS OF THE STREET.

FOREIGN TRADING-FOreign houses
dealt in upward Of 30O6@ shares purchases
being slightly in excess Of sales
PANKS LOSE CASH-Ths reported
movements Of currency this week indtcdte
a loss In cash held by the banks Os s9.SZD.es0
The feature OF the movement this SVeek was
a larger loss 70 the interior than was gen
eraIIy expected The banks received from
the Interior SS5J1 90 and shipped 20 the IN
terror 81. $4,000 including 81, 1890 natlona'
bank notes sent to washington tOr fe
demptiOu and 100000 transferred through
the Sub-TreasUry TO New Orleans ne
loss to the interior was 81. $50 Receipts
York Assay Office checks A&hAto. on san
Francisco Mint checks S30,0so and on seat
tie Assay ONCE checks $500. Oroi,isa,y Ia
disbursements by the 5uo-Treasury wee
s2S Z76 900. Payments by the banks 20 the
Sub-Treasury for customs. internal revenue.
per cent redemption fund. etc. amounted
u ssoIss.O0o. showing loss on Sup-Ireas-
ury operations proper Of S,sS3.0D Ihe TO
tai loss 10 the interior and Oh SUB reasuTy
operations proper was $500 peg s,ln uctI.S Ils
therefrom the gain by new gold. the net
loss to the banks was SS.52O.eo
THE COPPER MARKET.-It is estimated
bv conservative copper producers and sell
ing agents that sales OF copper since -
buying movement started, about three
weeks ago. aggregate A total OF close 20
tT5 coo 900 pounds The United Metals sell
ing Company has been the heaviest se4ieF
and has cleaned I'D its stocks pretty thor
OuEhIy until the first Of next year SeFereli
of the selling agencies have praCIicaIiy
Withdrawn from the market as SellsEH ioi
delivery next month and have very little
copper 70 sell for delivery IN December
Stocks OF copper In the hands OF the metal
selling companies are lower than they nave
been in two years. The asking price for
eIsctrOIvtfc copper is generally l3 cents
por-ud The market is strong, IT Us cents
tiC and 13 cents asked Exports Of COP
per for the week ended October % were 6.696
tons making from October I a total OF 10
T62 tons compared with 17.Z74 tons in the
same time last year
-
Bradstreet's reDorts the exports OF gram
for the week with comparison. ngures IN
bushels as follows. Wheat. hour m
cIuded 2S44.575. against 3.102-S73 last week
and 5.694 45S in the corresponding week
last year: fiscal year 2s.0O1. III. cOntrastsd
with 43.115. 10 in the same period III IN ls3g. 90
week and Ss5.5s2 in the corresPen1SGiI1ss INC ,1s
period last year; fiscal year 300; 4o-:
against 2.1s4.1S7 in the correspondents
DIVIDENDS DECLARED = Dividends
have been declared as follows The Grand
Trunk Western Railway Company per
The Trenton POtteries Company, regular
quarterly I per cent on the preferred, pay
able October . General CheTnlcaI 5o-,r1o, T11,1
pany, regular IA per cent on the common
payable December 1. The West Pennsyl-
vanta Railways. regular quarterly Ia per
cent, payable November /
DIRECTORS ELECTED--The following
directors have been elected by the New
York and Westchester Town site Company
to serve for one year, Fa1rnan Dee
Thomas y. Rhodes. F ! Lisnan. H g
Winchester; TO serve for Two years
George 3. Graham, Jacob Leltner, II de
2 Parsons The following officers were
elected: President, Jacob Lettner, secre-
tar and treasurer. L D MalrD1e-
KANAVFA & MICHIGAN--Freder1
Beaumont Sheldon has been elected preSi-
dent Of the Kanawha & Michigan Kali
way Company 70 succeed the late Nfcnoias
Monsarrat. Mr. Sheldon formerly was
chief engineer Of the company and assist
ant n the president
INTERNATIONAL HARN E1S TER - 4
df=patch from Chicago says that a stare
r7an+ has been made by Cyrus p Nc
Co-r7icz president Of the international
Harvester Company. 70 the effect that no
extra dividend viii be declared On the com
mon srock AZ the close Or after the turn
Of the wear