New-York tribune., 1910-06-02
TOPICS OF THE STREET.

EOPErc.N TRADING-Foreigu houses
were heavy buyers OF stocks on 1.e 81 d90
and 70OlO shares on balance. Inc hee.leS,O
purchases we're in United STATES SIsSis 80
Amalgamated Copper, Rock lsiahd anu 'ii0
Hartman issues
NET ARNINGS-RaiIroad net earnings
for the month of April now coming 70 nano Ia
show. rule, smaller lncIeaSeS Ill, iII ne
Eastern companies as compared Win Ine %
gains recorded in preceding months VIII
among the roads in the west heI LoSIIS II,s
from the same month yeat sso 49, rsnorf
ing in the last few days snow icL~ ~ SlN =. CC.Il ,
panies a total decline in net or Si,5ySoot dld
for seven companies a total increase ~ t ~ q,
900 6S9 the latter not including the CanaSS
dian Pacific, which SHOWS @ ny % loss
sS37 sos. The Rock Island snoNs pi.ts, ,Veo
of sS76.4fs. Pennsylvania lines west OF Fltls-
burg a loss of $50, 400. Hooking NaLey q
loss of sn,21S, Southern Pacific loss %
$50 1895, Union Pacific loss S5 S4sS So The
PennsvIvsnia lines east of Pittsburg show
a gain of Sl35, $50, Erie gain OF SIeo,72o'
bigh tIhI1S VS11ey N gain of si74 457 and the New
Haven a gain OF $685. go.
DIVIDENDS DECLARED. - Diytqends
have been declared ,t,s1 As ~ tGIeg" 1e cent pays
Re Inv /! Interborough Rapid Transit
Company, regular quarterly "a per ~ ~
payable July I; American Smeltins anu ISe -Ser
fin{nc Company, regular quarterly peI
cent or the common, payable July 10 aIL1
regular quarterly 1%< per cent on TobacCo
feTTe0,
C,onpany. regular quarterly III per cent OH
The preferred. payable July l; Al A1nerlC1 l',,
Snuff COMPANY regular quar- ~, coTnr10n
and regular quarterly II: per CEN ~ 60
preferred all payable July l; Arlerica.i . cont
and Foundry, regular quarterly - Pssi 49,
an the preferred and quarterly y or l Per
cent on the common, both payaple Jts july =
ASSOCIATED OIL STOCK ADMIT ! - -
TO TO ISThS sdttted to Ee@ eslings s0S9 stock Of
the Associated OIL COMPANY. us @ aDDI 30
tiOn is ADO" and il is Iocated aL 80,
No IS The following securities nay - IL
stricken from the list: AZ per cent % ponus
of 1910 of the Lehish and Wilkesi-De .ai-i 1jle
Coal Company per cent nEsI Xortrern
PaiIv,av Company per cent two 70 hye-
year collateral trusts of 1910 or tne -; 5ourl ~
ern Pacific Company ana supSclI ~, ~; TT PAT
ceints for stock of the PennSylvahla haIl-
road Company.
MAY BANK CLEARINGS--Bank cIesI
ings for the month of May do not max 5
Tnonths of the year, although the Comparl-
sons with earlier years are quite SSIlSLtC SSIlSi.t
tory; total bank exchanges lot al C1ileo ,;
reporting in the United states ScCUI T tiii5
10 the statement compiled by r e. Dun q
Co which includes u6 leadlnS CehtIss,
aggregate S13-0729s 81. Making aI@WsIifie 70 $50
for the difference in the number or busl-
ness DAYS the gain is 1 per cent, compares
with the corresponding mohtn ldsI 80, go
and 81 per cent compared Win Ihe a1IlHS
YEAR 1895 There are losses at New 1oIh
and Boston compared with both years
rejecting conditions in the hnanciai MAJ
kets. and probably TO some eXteIt eXt IN @ tIls
cotton and woo1len trades: but aside from
those two centres practically all or Sne
leading cities make larger returns tna1 Tor
previous corresponding periods
DETROIT. TOLEDO & IRONTON-De-
troit Toledo & Ironton Railway Company
coupons maturing December i. lSS, VIII pe
purchased on June l. 1910, with inteIeSt
from December l. 1909. on presentation at
the office of the Knckerbocker Trust COM
subject to the prior payment in fun or the
principal of the bonds and or coupons on
bonds not so purchased; or any OF ti,S
coupons at the option of the holders VIII
be paid. with interest. ON presentation
COTTON ACREAGE IN 1910.-"The
Financial Chronicle estimates the cotton
acreage for 1910 at s., 5,319.S59 acres. This
compares with 80, So. 40l acres in 1909 or an
growing states Oklahoma shows the larg-
est increase. with IL per cent. follOWed py
Florida with 10 per cent, Texas S per cent
and Arkansas 4 per cent
CALEDONIA INSURANCE CO.-Edw11
G. Merrill. president of the Union Trust
one of the trustees for the United States OF
the Caledonia Insurance Company, OF Ed1n-
burgh. Scotland, to succeed the late Du-
mont Clarke. The other trustees are r. J.
Cross and Walter p. Bliss, both OF New
York
INTERBOROUGH AfETROPOL1TAN
NOTES - The InteTborOugh-M Metropolitan
Company announces the conclusion OF
l, 1911 at the same rate Of interest, or
the 81 5OO, 900 5 per cent collateral trust
notes, due juno 1. 1910.
YEARS SALES on CONSOLIDATED
James +. Lynch, secretary OF the ConSoll-
dated Stock Exchange, reports that the
total sales of stocks on the exchange for
the fiscal year ended May 81, 1910, were
29,949, 1876 shares.