New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-10-07
TOPICS OF THE STREET.
FOREIGN TRADING-Foreign house
were not active IN the local stock marker
dealing in fewer than eco shares

FOREIGN TRADTNG-Foreign houses
were not active in the local stock market.
dealing in fewer than 2.@O shares.
BANKS LOSE CAsH.-The reported
movements Of currency this week indicate
q loss in cash held by the banks OF 5o,-z"-
900. In addition TO the gold exports there
was evidence this week OF a little heavier
movement into the interior The banks re-
ceived from the interior S.U3,0O and
shipped into the interior SlO533,010. includ-
ing 100000 transferred to New Orleans,
10000 transferred 70 San Francisco
through the Sub-Treasury, and g. 59l, 900 ma
rionHl bank notes sent 20 washington Tor
redemption The loss 10 the interior was
g. 10000 Receipts Of new gold are S,l+1-
CO., namely on New York assay Oiiice
checks $1,000 on san Francisco mint
checks :. 1913 CO. and on Seattle assay OF
fee checks $4,000 Gold exports amounted
70 g SOB COO in bars % Paris. Ordinary dis
bursemeuts ny the SuD-Treasury were 10 -
49,. 600 Payments By the banks 70 the Sub
Treasury for customs, Internal revenue,
per cent redemption fund. etc, amounted
20 1883 0o0 showing a loss on Sub-TreaS-
ury operations proper OF g. 10000 Inc
total loss 70 the interior by gold exports
and 20 the Sub-Treasury amounted % So
$4,000 Deducttng therefrom the gain by
s227.5oo 90 ' "
COPPER TRADE COH,DITIONs.-E1-
ports OF copper for the week ended Octooer
we-a $50 tons From October 7 70 OCtO-
1870 tons IN the same time iast year. The
copper market is a shade weaker. due 20
the fact that buying has suosideo 10 a
large extent and the belief that the Copper
Producer figures, 20 be published Monday.
VIII be unfavorabe One copper producer
figures that the increase IN surplus stoc Ks
will he much heavier than expected. As a
matter Of fact, the entire trade looks FOR
en- Increase IN surplus from now on. Re-
ports have been current that the Amalga-
mated Copper Company which has been
limiting It's output, would increase produc-
ton following the action OF the Guggen-
helms. Consumers OF copper expect much
lower quotations, and II IS because ~ this
that the recent buying movement dld not
reach large proportions.
BUILDING EXPENDITURES RE
DUCED. - Building reports 70 Brad
streets from eighty-One cities Of the
United States for the month of September
display a total expenditure o. 81 ,gl $50,
which compares with S0.2f 25l last month
and A5.34e ISIS IN September last year. There
rs here shown A decrease Of IS per cent
from last month. but an increase Of IA
uer cent over the corresponding month In
1910 OF the eigntv-Cne cities reporting for
September f0rry-uine show gains while
thirtv-two show decreases from September
last year
WHERE THE MONEY GROWS Harper
Il Bros have just published Where the
Money Grows" an interesting little book
bv Garet Garrett dealing with We'll Street
and IFS daily life II ia q story OF the bust
ness dav Of the men who think IN mill
ions. also IF the day of the sepCulat'r.
the mauipust0r and the clients OF the
banker and the broker. Wall Street habits.
the wsv N rhs trader inside views, the
hoodo0 and the Wall Street wolf are other
topics eutertainiuElv treated by Mr. Gar
rett. who has had many Years Of expert
an0e in the Street, and VINO writes from
the point of view n one who knows
GRAIN EXPORTS INCREASE Brad
streets reuorts the exports OT grain for
the week With comparisons figures M
this week 41l0.34S last week S1f5.f32 last
wear 1892 $50. from July to date io.3I SCI.
last wear ~ l53 500 Corn. LIZ 0n2. contrast
% with i0T 7af last week and 1881 IN this
went a wear ago For tho fiscal year 70
date sig So against fO9l. So bon the CORE
spending time IN 1910 The weeks Exports
az wheat we're tho largest 100 any week since
November 1900
so ACTION ON BEET SUGAR COM
Mon nfEfDENU-At the monthly meet
'ng M directors of the American Beet sugar
COMPANY yesterday only routine business
was transacted. a director Of the com
pany stated that no action was taken on
tho question OF the common stock dividend
owing no the absence II Fl. r. DuvnL presi-
dent Of the company WHO s abroad
COTTON BROUGHT INTO SIGHT FOR
WEEK The New York Cotton Exchange
places the amount ~ cotton brought into
sight for the week az $40 ooI bales. against
$1,000 bales In this week last year.
ELECTED TO COTTON ENCHANGE.-
Willis s. Mccormick has been elected a
member Of the New York Cotton Exchange.