New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-20
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses
dealt In @po shares In the local STOCK *
buying was IN Rock Island
BANKS GAIN CASH.-The reported
movements OF currency this week indicate
a gain in cash held by the banks OF 2,65s,-
00D. practically all of which came from the
interior. The banks received from the in
terror $4,000. including 100000 gold coin
withdrawn for Canada. S3o.oo transferred
to san Francisco and 3%2s.Wo national bank
notes sent 70 Washington for redemption
The gain from the interior was so.609,0o0
Receipts Of new gold were S765OCo. namely.
on New York Assay Ohice checks $1,000
on San Francisco Mint checks $4,000 and
on Seattle Assay Office checks 81 coo. Or
binary disbursements by the Sub-Treasury
were S25,672,ooo Payments by the banks 10
the Sub Treasury. for customs: Internal
revenue. > per cent rede mption fund. etc;
amounted to $2s.47sO10, showing a loss on
Sub-Treasury operations proper of S116,0eO
The total gain from the interior and by new
gold amounted 10 S3.Si0n. Deducting
tlerefrom the loss on Sub-Treasury opera
lions proper the net gain by the banks was
s2.65900a
DIVIDENDS DECLARED. - Dividends
have been declared as follows The Cen
eral Chemical Company. regular quarterly
~ per cent on the preferred. payable on
July /: the New York. New Haven * Hart
ford. regular quarterly 2 per cent on the
stock outstanding and 81 80 on the part paid
X.
Express Company. regular quarterly 3 per
cont payable on July I: the Railway Steel
Spring COMPANY. regular quarterly ia per
cent on the preferred. payable on June 20
GRAIN EXPORTS FOR THE WEEK
"Bradstreet's reports the exports OF grain
for the week. with comparisons. figures IN
bushels. as follows: Wheat -four included
3.560.loS. against 3l3l.6Sl last week and p
9lsl65 in this week last year 60 FISCAL u.s. year
week a wear ago Corn. 936 "a. contrasted
with s9,73S last week and So. 500 in TINS
week in 1870 fiscal wear 800. III. compared
with 26,s7i.s2e in this period last year.
APPLICATION TO LIST.-Application
has been made TO the Stock Exchange to
list sit 263. $50 additional Pennsylvania Rail
road stock, A.500000 additional first mort
gage per cent bonds or the PhiladelphIa'
baltimore & Washington Railroad, $500
0O0 preferred stock. $4,000 common stock
and g. 926. 600 first mortgage per cent bonds
of the Standard Milling Company. and
bonds of the Consolidation Coal Company.
STEEL OPERATIONS.-Th United
States Steel Corporation Is operating about
81 per cent OF Its blast furnace capacity
at present. two additional furnaces having
been blown In during the week. The opin-
ion is expressed that additional furnaces
will go into blast If indications point 10
a resumption OF buying within the next two
or three weeks.
FRISCO NOTES SOLD.-F. s Moseley
q co. nave sold SZ5n,Vo tWo-yedr per
cent st. Louis & san Francisco notes
maturing June /. 1918 and callahle at lOoia
on thirty DAYS notice The notes are is
sued 10 refund 100000 notes maturing
November !, 1911
EXPORTS OF COPPER.-Exports Of cop
rer for the week ended May Is were 6,692
tens. making from May 1922 tons, com
pared with l2,l2l tons in the same time last
year.
NEW PULLMAN PRESIDENT.-John s.
Runnells has been elected president OF the
Pullman Company, TO succeed Robert L.
Lincoln resigned Mr. Lincoln has been
made chairman OF the board.
UNITED BOX BOARD Frederick Da-
venport has been elected ice-president OF
the United Box Board Company. 10 sue
coed I. G Adsit resigned other officers
have been reelected