New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-04-30
TOPICS OF THE STREET.


were active buyers in the local stock mar.
ket. total purchases on arbltrage account
amounting to upward Of $1,000 shares
HEAVY LOSS IN CAsH.-The reported
movements Of currency this week indicate
loss in cash held by the banks OF
SIS. IS. 900. which was. Of course. brought
about by the gold exports since q week
ago sS 500 don Da 5 5 ~ The Interior
100000, including S2.5s5OW national BANK
notes sent TO Washington for redemption.
The gain from the interior was A.,sSogo'
on New York Assay Office checks $4,000.
on San Francisco Mint checks $500 and
on Seattle Assay OmcOrheeks $4,000 Cold
Ordinary disbursements by the. Sub-Treas-
ury We're 81. 229.O00. Payments By the banks
10 the Sub-Treasury for customs, lnteral
revenue. per cent redemption fund, ETC.
amounted to &6.503.0Oo. showing loss on
Sub-Treasury operations proper or $4,z4,-
900. The total loss through gold exports
and on Sub-Treasury operations proper was
s21.774OOO. Deducting the gain from me .
interior and BY new gold the net loss Dy
the banks was S15,2S5.Ogp
DELAWARE g. HUDSON.-At the an
Huel meeting Of the 10 De'a iS s,ScboIders
will vote on the question Of amend
ing the sinking funo ordinance adopted
BY the company on May O. 1893, SO as
to hermit the application Of the sink
ing fund thereby esta bhshed TO de-
fraying the cost Of the company m
creased reserves Oh Cudi VI W tiV oNfNN-'
ton OF other property needed IN the com
pany's business or TO other capltal pu'
poses. This sinking fund ordinance or
cents on each ton OF coal mIned nas DSon
in force about eleven years In that tinls
an annual average Of a little more thah
6, OO0 600 tons of coal has been mined. mus
adding more than $4,000 annrally, or az az
prOximately g, 10000 in all The sole use
Of this sinking fund up 70 the present has
been to purchase and retire stock, IN tIll NJ
fashion approximately $4,000 mas nee ~
spent. The sinking fund on DeCeH4Ooi "a
last tOtalled 1,201, 53S.
IRON AND STEEL IMPORTS AM
NEUTRALITY-SUSPICIOUS. 20 Ihe 1880 -
the Bureau Of Statistics, D E1p.ed sta+es
imported In March iron and steel ana Iiia an.
ufactures thereof. not including ore, ~ 80
total value Of s4.O79765, compared VII" Ionrt5s
1871 a year ago For the nine hl .lIins
ended on March % these imports tCtaIIed
sos 237 323 against S5579, S41 and 80 lAf 10
the corresponding PERIODS 4nS iron and
steel and manufactures thereOL, TO- i - ~
Ing ore, were exported to the yaiue -, Oh 10 &c
25S503. This figure compaIees, n %ieh coommodi
ties for the nine months ended on ~ ~ 20 So n
were of a total valuation OF SL-o'f ao-e
compared with s1O5,14s.so7 for the e cS1 -
snonding period a year ago and sl49,os''00s
two years ago - o,-,
COPPER EXPORTS AND IMPORTs,-
According to the advance sneets from sne
monthly summary Of commerce and finance
issued by the Bureau OF Statistics at Wasn-
ington, the United States imported IN
March copper and manufactures tne. ,s - 70
the value of s.. 539. 542. compared with "
"a as a wear ago For the nine months
ended on March o these imports reacned "a, q
total value Of PHIL SS. against SZl.tlo.9Lz
for the corresponding period year ago
and s2O55s.321 two years ago. The country
exported s. s2S. SD worth Of copper and man
ufactpres thereof not n nc 5 fS 9 Tsrch
1909 For the nine months ended on March
% copper exports reached value OF ~, -
SS4 3S3 compared with S58,312,o08 a year ago
and SIS, 201, $50 two years ago
FRISCO BONDS SOLD.-Speyer & co.
announce that they have concluded negO-
tiations with the ST. Louis * San Fran
louis e san Francisco Railroad Company
general lien f1fteen-twenty year per cent
gold bonds which cover the needs or the
bonds have been sold TO the French group
which previously took block OF the oondS,
so that there are now 100000 Of the
bonds placed and listed IN Paris. OF the
remainder. a large block has been sold 70
the Deutsche Bank. which will make pup
lie issue Of them in Berlin
GRAIN EXPORTS HEAVIER.-'Braad-
streets reports the exports OF grain for
the week with comparisons. figures In
bushels, as follows: Wheat. flour included,
2,O59 239, against 1.Zs9.272 last week and $780,
312 in this week last year; fiscal year. H.
231 49, compared with 150,534.295 in the cor
responding period Of 1893. Corn, 5ls.Sl4. con-
trasted with 4s2.0f last week and o4.5's - IN
the same week last year: fiscal year, %
292. SCI. against 2. 27S.44 in the corresponding
period Of 1909.
BUSH TERMINAL MORTGAGE--The
Bush Terminal Building Company has
recorded a first mortgage in Kings County
Of So 90 600 to the Columbia Trust Com
pany as trustee. TO secure an issue OF
bonds which are guaranteed by the Bush
Terminal Company. The company IS now
engaged in extensive engagements TO It's
docks warehouse buildings and railroad
facilities in Brooklyn.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: American
Radiator Company. regular quarterly IL.
per cent on the preferred. payable May 10,
and quarterly 2 per cent on the common,
payable June so; General Chemical Com
pany, regular quarterly Ia per cent on the
common, payable June 1: Cripple Creek
Central Railroad. regular quarterly l per
cent on the preferred. payable June I; Mas
sau Bank. regular semi-annual per cent.
payable May ..
RAY CONSOLIDATED.-St OF
the Ray Consolidated Copper Company
will hold a special meeting to increase
the capital stock 100000 shares, which will
be used in acquiring control OF the ella
Copper Company, on the basis OF one share
of Ray for three shares of ella The par
of Ray IS $40, and the increase will raise
the capital from 100000 to 100000.
NOTICE OF REMOVAIA-Thomas L.
Manson & Co. announce that they will
remove their quarters from No. II Broad
way to No. 100 Broadway. fourth floor. on
May 1.