New-York tribune., 1911-09-16
TOPICS OF THE STREET

FOREIGN TRADING. - London bought
stocks in the local market 10 the extent
OF z, go shares on balance
BANKS GAIN CASH. The reporteo
movements OF currency this week indicate
a gain in cash held by the banks OF q
little more than 100000 The feature OF
the movement this week was fair sized
gain from the interior when, ho"eyer,
was lost in part 10 the Sub Treasury. The
banks received from the interior ~, 2A.c.o'
and shipped into the interior S,374eoo, IN
cluding $3.50, 900 gold coin sent 10 canada
and g5l- 900 national bank notes sent 70
Msshingon for redemption The gain from
the interior was S.s7o,ooo. Receipts OF new
gold are S,5o7 900. namely. on New YORK
Assay once checks $50 gS4;0@ on on san ga ssatl1. 1ah.
Assay ONCE checks lB.W. ordinary als-
bursements by the sub-Treasury were 80 =
s05 0Ce Payments by the banks 10 the SUD
per cent redemption fund, etc. were 81,
Isl COO showing a loss on Sub Treasury
operations proper OF @.57aoo0. The total
gain from the interior and by new gold
from the loss on sub-Tressury operations
3 aISRt, SSs'1 30. 'n' net gu" y 'D ~
DIVIDENDS DECLARED. - Dividends
have been declared as follows; The COR
ham Manufacturing Company, regular
quarterly ~ per cent on the preferred,
pavable October 2; the West End Street
Railway OF Boston. regular semi annual
81 70. payable October /; the Union switcn 2
and signal Company. regular quarterly 3
per cent on the common and preferred, pay
able October TO- the American Iron and
Steel Manufacturing Company, regular
quarterly ~ per cent on the common aIo
preferred. payable October 9: the Rio Plata
Mining Company. regular quarterly per
cent payable September l8; the Homestake
Mining Company, regular monthly 20 cents,
payable September . the Westlnghou5ss ,;i.iH 5is
per cent an extra III per cent and spe-
cial / per cent, payable october 10; me
American Manufacturing Company. regular
90: the United Cigar Stores Corporation,
regular quarterly ~ per cent and Il OF !
per cent extra, payable October 10.
GRAIN EXPORTS OF THE WEEK.
'Bradstreet's" reports the exports OF
figures in bushels, as follows: Wheat
flour included, 3.Ssss43. against 2,523, 243
last week and 2,I74,O53 IN this week last
year for the fiscal yesE aEo to ss date ss22 ~,
responding period In 1910; corn, 733,ols;
contrasted with 21l.25s last week and
ia. .039 in this week year ago; for the
2.T62.sss in the corresponding time IN
1910.
COPPER MARKET WEAK-The cop
per market IS weak, with many OF the
| large selling agencies and producers Will
ing 10 sell eiectrolytic below IAN cents a
aloof from the market waiting for more
reassuring news from Europe, The
slump IN foreign buying has caused hes
itancy among local consumers. With
production running at the rate OF 1901
900. 900 pounds q year, consumers argue
that prices cannot show a substantial ad-
vance and for this reason they are not
inclined 70 buy copper for delivery very
far ahead.
UNITED BOX BOARD.-The protective
| committee OF the United Box Board Com
pany has decided 10 extend the time. which
agreement. for the deposit OF bonds. No
definite plan OF reorganization has been
/ formulated.
| COPPER EXPORTS OF cop
per FOR the week ended September IA were
e.623 tons making from September
/ II, PAP tons. against 1878 IN the same
/ time last year.