New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-15
TOPICS OF THE STREET.

FOREIGN TRADING-Foreign houses
sold upward Of 1900 shares in the local
stock market.
DIVIDENDS DECLARED. Dividends
have been declared as follows: The To-
ledo st. Louis & Western regular quar-
terly per cent on the preferred. The Cen
trial Coal and Coke Company regular quar-
terly IL per cent on the preferred and ~
per cent on the common payable October
"A Phelps, Dodge & Company regular
quarterly & %, payable September IS The
United Gas and Improvement Co. Philadel-
October a. The Hedley Gold Mining Com.
pany quarterly per cent and an extra
per cent, payable October 80. The Girard
Trust Company, Of Philadelphia, quarterly
quarterly, payable October 2. The Ameri-
can Type Founders regular quarterly lx
per cent on the preferred and per cent on
the common. payable October Is. The coal
and Iron National Bank regular quarterly
II. per cent, payable October ?. The New
York State Railways Company regular
quarterly II. per cent on the preferred and
Ia per cent on the common, payable Octo-
Der g. The Lawyers Title Insurance ana
Trust Company per cent. payable October
2. The Continental Paper Company regu-
lar quarterly per cent and an extra l
per cent, payable October /. The General
Motors Company regular semi-annual 81
per cent, payable October 2.
THE COPPER MARKETING demand
for copper continues light, and sales for
immediate delivery have been made by
small dealers as low as 1924 cents a pound.
The leading producers and selling agencies
continue TO quote 1915 cents a pound but
the metal can be obtained at a shade be-
low this price. Shipments OF copper TO
Europe In the last two weeks of the cur
rent month will be watched with interest.
due TO the falling of In industrial activity
abroad. The general impression is that the
current month Will record an increase in
surplus stocks in this country and abroad.
The copper companies continue TO produce
at the rate OF about 1900. geo 600 pounds a
year. and there will be no change until A
more definite idea as to the extent OF the
business curtailment in Europe is obtained.
ERIE ORDERS EQUIPMENT - Con-
tracts have been placed by the Erie Rail
road with the Barney & Smith Car Com
pany for ten first class coaches and with
the Pullman company for ten first class
coaches and twenty-five suburban coaches.
The road is still In the market for 40
freight cars, which. together with the 1000
freight cars and forty locomotives ordered
earlier In the month, Will complete It's roll
ing stock equipment budget for the present.
with the exception OF twenty locomotives
which ii may decide 10 build at its own
shops
STEEL PRICES.-Steel bars are selling
as low as 81 % a 100 pounds. Chicago. which
IL equivalent TO about 81 10 Pittsburgh.
This is the lowest level reached In the
current year. At current prices the de-
mand for bars is fair but the margin OF
by the various companies to maintain
prices.
NEW METROPOLITAN BANK DIREC.
TOR.-Emil Berolzheimer, president OF the
Eagle Pencil Company has been elected
a director Of the Metropolitan Bank 20
succeed the late John 3. Mcdonald
POSTED FOR TRANSFERRING New
York Stock Exchange seat OF Augustus
w. Kelley, ir., has been posted for trans
fer 10 Malcolm = Mackay. ~ the firm of
MackaV A. TO