New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-10

s1a. coe. orr, showing loss on Sub. Treasury
operations proper or S2ZSsoW. Total gain
from the inferior and by new gold amount
ed to $685. 600. Deductng therefrom the
ioys on Smb-Trcasury operations proper. tho
net gain by the banks was so,SlOO00.
JIILY DISBURSEMENT July disburse
mcnt of interest and DIVIDENDS Will total
approximately $22o.Go0.000 This compares
with S2l2 $40. 900 disburscd in January of this
year In that month interest payments on
The railroads amounted To %23l,0oo; indus
trial and miscellaneous, Sl3.932,0W: electric
railways. sl5.50a00O: New York City alone.
Il 295 Oi1. all other cities, counties and
states throughout the United States. s11-
So 90. United States government bonds So
23l 900 The dividend disbursements t mel amount
ing TO approximately s6I,Wl.0e0. were made
up in January of railroads, S52.3l0 900: in
dustrials. miscellaneous, S2s. 1909; electric
railways. s5.2l;0O0. New York City banks
and trust companies. $3.50. The January
interest estimate was based upon an ag-
gregate of s6,99i.31lop0 bonds OF every de-
scription upon which interest is payable
January and July. Practically all this in
and trust companies. From the figures so
far worked out there will be slight change
in the results for July.
DIVIDENDS DECLARED - Dividends
have been declared as follows: The ST
Joseph Lead Company. regular quarterly
III per cent. The Virginia Railway and
Power Company, regular semi-annual 2is
per cent on the preferred, payable July 10
Inc chicago junction Railways x Union
Stockyards Company. regular quarterly lis
per cent on the preferred and per cent
on the common. payable July |. The United
Cigar Stores Corporation, regular quarterly
lls per cent and Qne-half Of per cent ex-
ira. payable July Is. The American Iron
and Steel Manufacturing Company. regular
quarterly Ia per cent on the common and
preferred. payable July |. The United
traction ana Electric Company regular
quarterly ia per cent, payable July /. The
United States Printing Company. regular
quarterly IL per cent on the common. pay
able July ]. The Royal Baking Powder
company. regular quarterly ~ per cent on
the preferred, PAYABLE June 80.
PAYMENT ON GEORGIA CENTRAL
lNCOMES.-The Central Of Georgia Rail
way COMPANY has deposited with the trus
tees or the nrst preference income mort
gage and OF the second preference income
mortgage funds with which 10 pay interest
on those issues in accordance with the
judgment OF the superior Court of Chat
nam county, Georgia. rendered May last.
The Metropolitan Trust Company. as truss
zee Tor the first preference income bonds.
VIII accordingly on June II pay interest
on that issue at the rate Of 4.37, per cent. or
upon presentation Of the interest warrant
for October l. 1905. The Central Trust Com
panN, as trustee for the second preference
income mortgage. will on and after June II
pay interest at the rate Of 2.5 per cent. or
80 on each second income bond Of 81 600,
upon presentation Of the interest warrant
LOT OCTOBER ]. l9N
CHICAGO ELEVATED BONDS.-An ad-
vance Offering of thas new issue of $50 000.-
600 Chicago Elevated Railways three-year
per cent notes is being made. The price
IS 9S'2 and interest net. at which the yield
Is better than 81 per cent The notes will
ne secured by S25.oO0.c00 new first mortgage
thirty-Near per cent bonds Of the North
western Elevated Railroad. and by the
stocks of the various properties acquired
under the plan at total cost of over
" ont MIR
chased by the National Cily Bank Of New
York.
NEW SECRETARY OF COTTON EN-
CHANGE.-Nathanel II. Morrison has been
elected secretary of the Cotton Exchange
as successor 10 Marshall Geer. At the next
meeting of the board Of managers the
resignation q Colonel William V. King as
superintendent will be considered. Colonel
King. who has held that office since DeceB-
her. 1895, resigned because of the state Of
his health.
GRAIN EXPORTS FOR THE WEEK
.Bradstreets s. reports the exports Of grain
for the week. figures in bushels, as follows:
Wheat. -four included. 2.432,s20 against g..
$685. last week and 1701.o55 in the week
last year; from July |. 1l71S,2l6. compared
with $500: 90 in 1910; corn. l.0S5,l4. con-
trasted with 5635O6 last week and 239 $50 in
this week wear ago; from July !, 1900.
59I against 27,49S422.
COPPER TRADE CONDITIONS. - The
copper metal market was stronger yester-
day producers and selling agencies report
ing general advance 10 12io cents in the
price of electrolytiC. Europe continues to
buy persistently and substantial sales have
been made at l3.2 cents. Exports Of cop
per for the week ended June were 7.7ll
tons making from June I 4 total Of s06l
tons against 5Si3 tons in the same time
last year.
POWER COMPANY BONDS ALL SOLD.
William Solomon & CO.. New York City.
and j. 9. Damn & Co. Buffalo. VINO re-
Gently purchased $4,000 Ontario Power
Company Of Niagara Falls. & per cent
sinking fund gold dehentures. due July I.
1921. announce that they have placed the
entire amount with investors at leo and in
terest. with 70 per cent bonus in capital
stock. The debuntures are part Of an ALL
thorized issue Of 100000, all Of which are
outstanding.
GOLD FOR CANADA.-Goid coin 10 the
amount OF S500.oJJ was withdraw from the
Sub-Treasury Yesterday for shipment To-
Canada. making total in the current
month Of 100000. and ST, $4,000 since Janu-
airy I.