New-York tribune., 1910-10-05
TOPICS OF THE STREET

FOREIGN TRADING.-Fo7eign houses
we're not factors in the local sIOSa o,s7,oe 1-11
let. selling TO q small extent on "aiaAtOe-
SEPTEMBER FAILURES.-SepleIh eIhpSr 1Sa
failures reported 10 II ". DGI D 80 a.
numbered S45. as compared win win S-S S-2 a. a.
7Qq le26 in 1908, 500 IN ISVi aAQ 'tf u -
1sss' heinC yvith one exception the most
-,r1-1erous II five years. me TOLL llat,s,a ,,a
1ies were Ss,SIS sSSlI1t ga 3 ;ro 76g ,nd SS.-
sS59e5 IN 1906 The average Eabihtles 70
csch failure were Sass. The nna191isaceOI
suE failures numbered 20, Nltn A@Di - -
Sd sg5 taS COMPARING with 192 defaults IN
-ale With liabilities OF SS.4z5,ZiL IN l5ve IN. Lne
September liabilities were ~.le,-zs,. ~ 80, LsSa
s7n's0s - and il 1866. s. .559 642. This Srcat
s-,cveoSe IN tie manufacturing Liabilities
s. the chief feature Of the failure eAAlp1I
o. the month
COPPER BIARKET,--The copper n1a-I1et M ;-hi1'
shows Httle change. The majority o. sen
ing agencies, including the Dnl0ed meas
SeIIinE Company and the American SI1eII- SII,
ing and Refining Company, are se41les
C,cctrolyttc copper on paA-S o1 o1.--l1ss -1s
70 - a pound. Sentiment in copper
circles is more cheerful. and estimates
q the reduction Of stocks IN the uonul
OF September continue 10 range between
70 900. coo and aoGo,00o pouncS Lhere Ilas
h.eu = slight Improvement IN buy1n", bul
T. has not reached large proportions as
vet AS q rnstter Of fact, the amount OF
copper purchased sitcs tn last blylns
movement eliminated has been compare
lively small
TlGERsOLL-RAND COMPANY.--At the
special meeting Of the Ingerscu-Hane l
Company il was voted 10 retLS "a -
arr OF the preferred stock On o. Lne SocI- SO-it
pany by exchanging 1Or * ColAItsoE1 - -.
share for share. at the OpuoE O. - .t.o1
ferred stock holders Il vas a4So g.
10 authorize the directors 10 sen AGa
- Ioa- -t,s- ,,z- common stock 70
1S5 1of ex5ent tS5s thef of s5l2 shares. which the
company VIII receive IN eNcha1ss go -2i
Tl-eferred stock now held in the treasLTS,
- such @r1ployes other than directors @ aLlo
IN such amounts as The poaro o. oil 7'lO-
nav from time 10 time determine
PUBLIC SERVICE OF NEW JERSEA.
NOTES.-Potter. Choate & ErelJ11SSSS 1SS al
o-ferfnE the uusold portion OF Sl-J1o.OOg fuo-
lie Service Corporation OF New JtIsSy
Three-year collateral per CEN no -, -, -
October 4. 1913. al z p-lce 20 stSiG - -
cent. the total amount cutstaflqln6 - 551.,o a,,o
3 00a 0N- These notes are secured = S1gg-- 80
fGG Pubic Service Corporation o. rev -.
sev general mortgage per cent 9onos.
dce October !, 1883. II l. understooa ti-sl
over two-Ihlrcs OF the a99Ne aL-io-1
notes have already been sold
BETHLEHEM STEEL-The gross earn
EuEs OF the Bethlehem Steel Corporation
For the eight months ended August 81 4aSs
were S2.7S-.566. DecucunS nNeQ ca - = - =
sI-rl gsg there remained a surplus OF $l.o-7,-
a. Tor the fun year II lS expected -S>5 S4-e-I
net earnings. after charging on say e-of "
Or 10000 for depreciation vii oe 80
See 600 . sum equivalent 70 aFPre eAAIlAs-t0lS
y Ver cert On the preferred STOCK
DIVIDENDS DECLARED--Dividen idends
have been declared as follows Ihe 4hLtL
national Steam Pump Conll any, r. Lez.-- 80 a
quarterly IL Fer cent on tne pIS-S-- s-Leos -,
payable November 1. the Northern ot@'ss
Power Company. quarterly Ia Per c5uL ~ Cl1
the preferred, payable OcIobeI -. ~ - -
sun1vya Railway and Light Company, guar
1erfU Ia uer cent on the preferred, Pa d5ls
Octobe~ i. the san Diego Consolloajed Gas
a15 T-ier-r5C ComDary quarterly l3A per
cent or the preferred, payaole CclooeT 10,
Atchison. regular quarterly II per cent on
TIE corluon- payable December 1. Ainerl-
sar I.ight and Traction Company, regular
quarterly - per cent in cash and Y Per
cent in stock on the common and the reg
s.lar quarterly IL per cent on the preferred
all payable November J.
SOUTHERN RALWAI--Thoulpso1
Tuwle d Co say We have been INFORMED
ly number Of promlnent SoueneIn DaTl- ~
ness men that the North has slsh4IIy
failed 10 realize and appreciate Ine I'M
IToved position Of the SO4tleTl EsdAi-
way. Millions Of dollars nave peeh eA-
1seaded IN the development OF this sys-
TEN, 70 meet the business which mas been
t--oVlne bv leans and bounds Already a
good portion OF the main line has beeu
doIble-trs liked. and during Ife laSI Ase
or six wears stockholders have Deen go
sug without dividends while the properly
WAS being brought W to a STANDARD v Nl-l--- 5
now corupares favorably wita. the Leading
railway systems OF the county
NEW HAVEN ANNUAL MEETING
a. th en14l an Nm Inee5ls Td$ 0I NT eS Haven <
hartford Railroad Company 10 be held
october &c, the bylaws NlI De aIntflueQ 20
ss 10 provide JhaI the corporation S1-ait
have rsyenty-seven directors Shareholders
viii also b. asked 10 approve the purchase
uf he Berkshire Railroad Company. the
-Ee1- Haven & Northampton Company and
s5e Rhode Island * Massachusetts, ttall-
road CCmpany-
TRINITY COPPER--At the annual
meeting Of the Trinity Copper Company
Max Hecht, Of Hoboken. was elected =
director 10 succeed Austin H Brown.
WILL ADVANCE TIE JULY IN
TEREST.-The committee acting under the
honchoIders' agreement dated June T.
7si0 announces that more than major
s-v IA amount OF the ntJy-yeaT per cent
s-0I,zfe-sI frus- gold bonds OF the Inter
rational Traction Company has been de
r1oefued under this agreement and that II
has MADE the necessary arrangements Tor
en- advance 10 the holders Of certificates Of
cen sit issued for the bonds deposited with
the committee Of the interest due July ],
s-T0