New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-04-06
TOPICS OF THE STREET.


FOREIGN Trading -Fcrei2n houses
we're Tot factors IN the local STOCK market,
ltetlns ID Jess tran 8. EHa rlsres. Absence II
foreign interest IN our market evidently
was Quo ;r large uart 20 the l5GUidation in
TIE rubber shares o1 tire London exchange.
WASH luoHopohzed lie attention OF the
London operators.
HEAVY GOLD EXPORTS Gold coin to
the amount OF $4,000 was engaged yes
terd3y Cor export 10 London hN to-dav's
steaTler- % THIS amount The National City
e9elh lCok Sieet'"El, the Froquce EXchangs
kuhne. $1,000 since the beginning ~ the
current outward movement S7.500.Q0e in gold
com mas been taken for the account Of
ments 10 Ell countries. including those ar
ranged Tor to-day have amounted TO SIS
gy',loi. against imports ~ the same tinle OF
S'seieiS. Sterling exchange declined >
points Yesterday. undor the influence Of
bills drawn against geld exports. The inn
preston prevailed tu foreign banking houses
That, barring q radical change in conditions
governing The sterling market. additional
large engagements would be made for sat
urcay. In connection with the current
light supply OF commerce. bills m the for
eign exchange market. 81 Is interesting 10
note that for The week ended yesterday eN-
ports Or merchandise from New YORK
showed q decline 10 the NalUe Of almost
5000 Hg0 from the preceding week, anc
decline % I79l.sa, from lie same time
last re2r.
FAILURES X MARCH.-Business fail
ures IA March, as reported 10 y. q. Dun
a Co, while supst 2nuallv the same In
amount az Liabilities as the exhibit Tor
March. 1873. show a large falling of in
number. The total number of failures iu
March was ssA as compared with lt2I4 IA
1873. 1.53S ~ 1893, 50 ia 100. az in 1905 and
l-'@ M l%3; liabilities ig- tie month we're
S.56-N.5-2. comparing with N3.5lN, It. IL 1909.
s. 5sL.ll5 Ia 1865 and SN,i6a,f5 in 1877 II
The last fifteen years there have been only
four wears when the number OF failures IN
March were less than iE The last month,
but there have ben nine years in which
"a Hra1- & 10 .s.f fnra
aggregate liabilities I'm March CT Sls.62s. 51e.
-, il6,-t5 were OF Cefagltirg manufacturers
concerns, soE5,1l- OF defaUICUS traders and
3, 4s,5sl of defaultiEg SrClSert.. The manu-
featuring Liabilities amounted 10 a. 80 per
cent OF the total Liabilities OF the month.
- compared with i5.8s per cent IN 1919. the
percentage Of traders liabilities was 41l2.
as compared with $40 in 1879. and the per-
cent2Ee II Liabilities ia The brokerage class
was hess, as compared with 4S'.
Utah CONSOLIDATED MINING COM
COMPANY reports for the year ended De-
reuber II last, proceeds IRON sale 81 cop
- s.iNeI ana go!a. .ess reIrlhs oaaIges'
.elell seilln6 Expenses ana lISuL ahCt,
sl.e,t6.I, stock Of bullion at seaboard and
lu process at end OF year $~t.5t4, total.
$. fA5 ssi. stock OF bullion at seab0ard and
n process ct the beginning OF year Ssa9.aos.
balance. Sl.T4s SO: other income. slSJ44, total
income. s.lr5't5, mining expenses, eXplor-
ms all development, SFsheS5s balance. ST.
lar,lN, smelling expenses etc, El,o-5,5l5;
profits for year. GA.es3.
CoPARTNFRSHTP DIRECTORY 80 The
Trov- Directory, printing and Bookbindius
Company has issued Jas COpartuership and
Corporation Directory for 1yIe. IL contains
t4,lNh names ana gives information lu re-
spcct TO coDartucrshirs and corporations,
flfIr members. nrcfIS. DIRE .JciS, SaplIal
ana under what state laws incorporated
information N |iCn could nor le lhCorpCrat-
Ell iu "a general or business directory with
0Ct greatly Increasing its volume. T6e book
Dis or inn aluarle service 20 banks, lawyers
and credit departments az wholesale houses
ID "a .-0 shows that the corporations ana CO.
Partnerships cNlStinE Do N,W YORK CITY are
greater in number r-au the entire pOpula-
uCn II many important cltles Of this coun-
GRANNY CONsoLIDATED.-Th follow
lng statement wa made 40 the meeting or
The directors 81 Ihe CRANKY Consolidated
Mining Smf.tilc and Power company yes
tercar- I'm view oi The unfaNorahic reports
that have been given 10 the public as 10 the
condition az f-s CRANKY mime the directors
a. their meeting DECIDED To order a fun in
purpose OF reviewing the SAID report and
a~.'fIIalTlrc Ire exact conlltlon Of the
viii take place several months and may
l0t De commenced until certain explorations
n9V in progress shan have further adj
AMERICAN ZINC. LEAD AND sMELT-
lNG--Tle American Zinc. Lead and Smelt-
--- Company has declared a dividend of 50
cents a share, payable ca April % to stock
81 record Apr - INC directors have
authorized tie sale q S158u-5 per cent
convertible ctle1tlrc bonds Tor WORKING
capital The bords have been Un0erwIitten
~ par. a. b. c1UTllSsi U1 Ur Tcr cent. This
tUaInIT- VIII bring The company IS working
capital up 10 >L"H."s-
FOURTH NATIONAL. BANK.-Tle Con-
trollcr of the currency has approved OF The
increase in tie capital stock OF the Fourth
&atio-s. Bank of tlis City, SO thai the
bank how reports capital Of 100000.
81 S5l+.5I1. making Il total working capital
~ s. 6li5'I. Tie deposits Of TIE bank are