New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-03-17
TOPICS OF THE STREET.

FOREIGN TRADING. Foreign houses
were not active i'm tho locs stock na'he''
dealing in less than 5000 shares
THE STEEL MARKET The steel raf
products running from 10 TO j. per GER,
below tho corresponding period OF sSl
month Inquiries in the market. howeN'i,
are large. and there Is reason 10 p.II ~
that average now business In the last Two
weeks Of the current month VIII y" IN on
cess of vha' il was in the first haf; fIl.e
for steel. with exception OF 1aDi p'a'','
work. are holding well. which i Inc pc
Indication OF the stability Of the market.
Another evidence that conditions in inc
steel market are improving j. fonnh IN tns
fact that Chairman cary 81 INC MI
states steel Corporation mas not fouhp
II necessary 10 call conference OF SUI.
manufacturers since the beginning OF the
upward trend Of tho industry.
COPPER TRADE CONDITIONS. - Inc
tone II the copper market continues str"IIS.
although the volume Of buying has nor
i,een h,avv enough to advanc" the price
TO any extent. contrary to reports, tn'
United Metals Selling Company has been 4
fairly heavy seller Of the metal, but az n
shade below f2ia cents a pound. II is
estimated that sales SO far this month
aggregate total OF close 10 0o.ooo
rourds Consumers however. are SUI as
inclined 10 make purchases for future de-
livery. most 81 the buying or late haNlns
been Of hand 20 mouth character ono
large sale involved about 5,Opo,Ooo POUNDS
on q basis or Us cents.
DIVIDENnS DECLARED. - Dividends
have been declared as follows: The United
states Finishing Company regular quar- d,
terlv "a, per cent on the preferred ana !
per cent on the common. both pay apie
April I. the Massachusetts Gas company
subsidiaries . per cent on the East Boston
Conpany. . per cent on the Newton ana
Watertown and per cent on me BOSTON
Company: the Metropolitan Bank per
cent, payable April !: the LAWYERS Mort =
gage Company regular quarterly . Per
cent. PAYABLE April /: the Rio Plata Min
ing Company regular quarterly : per cent
pavab BILE March 30. and the De Long HOOK
and Eye Company regular quart,r ly per
cent. payable April ].
STOCK EXCHANGE SEATS LOWER 49,
Two Stock Exchange memberships were
posted for transfer yesterday. the purchase
price Of which was SOS. 0oo against $4,000
tho last preceding sale, made on Febru-
airy g. The membership or Walter Bovine
was posted for transfer to RICHMOND
Hoxie and that Of the la Alfred VI. judi
son 20 Neville G. lIgham.
INTERNATIONAL SMELLING. - Since
announcement that the Amalgamated Cop
per Company had arranged for the ABSORB
ton Of the United Metals Selling COM
pany there has been sharp upward move,
ment IN the stock ~ the international
Smelling and Refining Company In the out
side market The advance has been ac-
companied by reports that the Amalga-
mated would soon make an offer for the
stock not now controlled by II.
MISSOURI KANSAS & TEXAS. -Speyer
e. Co have purchased from the Missouri.
Kansas II Texas Railway sl2 800 00 per
cent two-year notes, the proceeds OF which
VIII be used 10 refund SO 600. 600 , per cent
notes, maturing August, '9ll, ana Tor M
provement purposes.
GOLD FROM MEXICO.-The New York
Assay Office received yesterday 100000 in
gold bars from Mexico