New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-17
TOPICS OF THE STREET.

FOREIGN TRADING. Transactions for
foreign account In the local stock market
amounted TO upward Of 5000 shares, chiefly
sales.
BANKS GAIN CAsH.-The reported
movements of currency this week Indicated
a gain in cash held by the banks OF sV,-
$1,000 the largest part OF which as usual,
came from the interior. Banks received
from the interior sl6,25,0p, and shipped
into the interior 10000. including s9p,Wo
gold coin sent TO Canada and $, l54,0D ma
tional bank notes sent 10 washington ior
redemption. The gain from the ell inte eIdpr
s., 4l9,ooo. namely, on New YORK Assay
Office checks $4,000. on San Francisco
mint checks s11S.00o. and on Seattle Assay
Office checks $4,000. Ordinary disburse5-
ments by the sub-Treasury were sl77s4,ooo
Payments by the banks TO the Suo-Ire
ury for customs, internal revenue. per
cent redemption funds. etc, amounted 70
81. $50 OOo, showing a gain on Sub-Treasury
alterations proper of $1,000 The total gains
from these three sources amounted TO slo'-
$4,000
DIVIDENDS DECLARBD.-Dlvd
have been declared as follows Inc Cupa
Railroad semi annual 22 per cent on the
preferred. an increase Of one-half of l per
cent. payable August l. The Mutual Irust
Company, OF Westchester County, quar1Sr
" liz per cent, payable June 80. ne
tinted states Finishing Company regular
quarterly per cent on the common, paya-
bic July !, and regular quarterly iHt Per
cent on the preferred, payable July !. ne
American Manufacturing Company quar-
teriv III per cent. payable July l. The Irl-
CITY Railway and Light Company reeulai
quarterly u. per zen cent s on 1ns R Rail
wav. Light and Power Company initial !
per cent on the common. payahle jury l.
The CITY Investing Company regular qudT-
terly 1A per cent on the preterrei; pay ap .l5
light Company semi-annual 2,2 per cent cen,
on the common and quarterly IA per cent Tt
ON the preferred. payable July ne
Uocking Valley Railway regular semi an an
today. The United Gas and Electric ~ ON ,bs
ppreferred, payable July Is.
THE COPPER MARKET-A fair bust
ness is being done IN copper on a paslS S,, ~
dsact;ne in copper abroad had no effect
rbatever on the local market yesterday
Lover London quotations were regat =.
as manipulative. Exports OF ca0PpIpto 600
n nonn witch is at the rate Of 6s.lo0.O0O
pounds month It Is evident that June
will show UP well from me scaH deliVeries
cbovid domestic deliveries reach 1o,ooo.Vvg
nnUnds total shipments for June woulI
run close 10 140,000.oOO POUNDS. WIFI
would indicate shrlnkage or az l., 81
; 900 900 pounds IN surplus ol"NnS d" ~
country alone.
sTrFI, MARKET sTRONG.-It IS est
mated that the United states steer CoI
poration is receiving new business at ALLY tttS
is an increase Of about 90 cent. compared
With the average daily receipts in the
month Of April The Republic Iron ana
Steel Company, shows a s neavg AK gam stenI
companies report a much better volume
Of business inquiries from the railroads
are large, and manufacturers are count
ing on a good increase in business AFTER
The close of the fiscal year ending June 80.
GRAIN EXPORTS FOR THE WEEK.
.'Rradstreets" reports the exports or
grain for the week. with comparisons, hg-
Tres in bushels. as follows: Wheat -four
week and l.s33,507 In this week last year
from July /. 1l9.256.s7S. contrasted with
i39,s35.5s2 in the same time a year ago;
corn. S32.7 1856. compared with 1.035.li4 last
week and 1908 In this week last year.
from July |. 4s.733,333. against 1881, i37
in the same period a year ago.
NEW LIGHT. HEAT, ANp PQW slst
CoMPANYmThec Central b TUCSON 6ssn ,o Mign55
70 take over control of the Poughkeepsie
Light Heat and Power Company. the New
burg Light. Heat and Power COMPANY
Company. Permission has been asked
from the Public Service Commission 10
issue $4,000 first and refundins per
cent bonds, arrangements for the under
writing Of which have been made by a
Boston investment house. providing the
commission reports favorably.
ACKNOWLEDGEMENTS ICE BONDS.-The
Knickerbocker Ice Company, OF Chicago,
has sold S4.S00,000 o per cent bonds 70
Lehman Brothers, Goldman, Sachs & Co
and G. u. Barney e. Co.
COTTON EXCHANGE SEAT SOLD
The Cotton Exchange seat Of z. A John
son has been sold TO F. p. McEnany for
$4,000, the same figure as the last pre-
cedng sale
AMERICAN TELEGRAPH AND TELE-
PHONE.-Cable advices from Paris state
that the American Telegraph and Tele-
phone stocks probably will be introduced
on the Bourse next Tuesday.
NEW STANDARD OIL OFFICER
Frank Wilson has been appointed assistant
treasurer and secretary Of the Standard
Oil Company. as successor TO the late W.
p Howe