New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-05-21
TOPICS OF THE STREET.

FOREIGN TRADfNG.-Foreign houses
were not factors in the local STOCK hia $3.50
as the London exchange was closed. iHs s ?
was some buying of Baltimore & ONO TOT
the account Of Berlin
HEAVY CASH GAIN:-The reporsee
movements Of currency TINS hanks mSsA Of So 81
coo, about two-thirds OF TINS co5il. s - a
the interior. The banks received lro Ed t ;,I
terror s. 4s2 ,0J3. including 100000 natlonaI
bank notes sent to Washington TOT @ ~
ton The gain from the INTERIOR srsre II 60
namely on New York Assay ONCE cnechs.
s.. 54,O00: on San Francisco Mint cneS ST'
5loo. and on Seattle Asssy by the
SI,b-Treasury were S26, $4,000. Payments Dy
the banks to the Sub-Tressury Tor cusI Itday
flnd etc We're SEA, $4,000, showing gain
on Sub-Treasury operations proper on a. ~
so5.Oo The total gam from s inv operations
nrone1 was therefore So $1,000. The result
of the weeks transactions between Lne
local banks and their interior Wss
not expected that there would nave , DseS
quite 80 large q gain as apoxe uI5o,oeS.
The receiuts however, compare favoraDiy
with previous weeks, and the gam Iloi,l 80
interior has only been surpassed once s aa
the last week in January Money app art1
to have como in principally mom nedrpy
localities. while shipments were mostly HUI
the South
the exports OF grain for the week Win
comparisons, figures In bushels, as Ioilo o
Wheat -four included s ss a. tSis week
last year: fiscal year, 129.457,2lo, compass
with 5.6s2.oo3 in the Corresponding Pe 10
ess last last week and I.i14.ess in the week last
wear. Fiscal year, 70. 673,679 against 2s-
Sec. s2s In this period last year
REDUCED TREASURY BALANCE.o
washington reports that the reduction OF
the Treasury working balance to sls,Ovo.Oo
Is giving the Treasury officials no uneasf
ness, as the causes for 1t are but temporary
and fleetfng 1t Is due TO two reasons.
First. payment Of $40 900 Cherokee Indian
claims and the putting into Wasnlnsl4n
City Bank Of 100000 70 nelp tn a,r DsIihs
The 100000 on this tax account VIII D9
returned to the Treasury In June ana
July.
directors of the Chesapeake & OHIO Ralls
way have declared quarterly olVioenu U
az per cent, placing the stock on per
cent annual basis, an increase OF per
cent Dividends of 1 per cent were paid
annually from 1899 until a year ago, Nnsh
the stock was based on 1 per cent quar-
terly basis
ket for rails are increasing, and 1T Is esu-
mated that the railroads VIII soon Place
orders for this class OF material aggresae-
ing total Of between 10000 and 5000 tons.
One of the Western roads placed an 9rGeI
for 1900 tons Thursday. The demand Ior
structural material Is also showing HI
provement.
DIVIDENDS DECLARED. - D1yfdendS
have been declared follows: Genera
Chemical Company, regular quarterly IN
per cent on the preferred. payable July i
Temiskaming and Hudson Bay company.
300 per cent, making the fourth DIVIDEND OF
this amount this year on an outstanding
capital OF s7T46, par value Of shares 81
COPPER EXPORTS.-Exports of copper
for the week ended May 10 were $50 tons
Since May / exports OF the metal nave
been 12,1N, compared with 1876 in the same
time last year.
COTTON EXCHANGE SEATS HIGHER
A membership on the New York Cotton
Exchange has been sold for $4,000 This Is
an advance OF 81 900 from the last preceding
sale.