New-York tribune., 1911-04-22


OF the direct interior movement The banks
received from the interior 1909 900 ana
shipped into the interior S,2s1.000. including
A.342, Oog national bank notes sent TO Wash
ington for redemption. The gain from the
interior was 81. 9.slS,Oc0. Receipts OF new goid
were s1116.0OO namely on New York Assay
Office checks, sos, 900: on San Francisco
Mint checks, $4,000, and on Seattle Assay
Office checks, 81 900 Ordinary disburse-
ments by the Sub-Treasury were S44E,o9.
Payments by the banks TO the Sub-Ireas-
ury for customs, internal revenue, . per
cent redemption fund. etc. amounted 20
operations proper OF Sl,22i.OO0 The total
gain from the interior and by new goh
was sl0.ssiOoo Deductlng therefrom the
loss on Sub-Treasury operations proper
the net gain by the banks was Ss,6a3,ecO.
COPPER PRICES FIRMER.-The copper
market Yesterday was much frmer. In
some cases sales were made II or cent
higher than the prices prevailing yesterday.
The strength OF the market was due 10
the heavy inquiries for the metal. running
from f. cents TO i2ls cents for an aggregate
of $50 coo 90 pounds, and the feeling thal
the Copper Producers report for the cur
rent month will be good one ENports
this month promise 70 be heavy shipments
- far exceeding 100000 pounds: Produc-
! ton is expected 10 show falling on OF
about 100000 pounds compared WIN
March. Copper prices In London also ad-
vanced sharply
| DELPHIA & READING STOCK
IINCREASE.-At the special meeting OF the
Philadelphia & Reading Railroad STI"pa,s c..
/ an increase Of the capital STOCK Wa
authorized from sooOOo.oo0 10 $o,Vooo, ire
increased stock 10 be used TO reimburse
the Reading Company for advances mace
| to take up the prior lien and conSoioa'esu
mortgage bonds OF the old PhliSnsIp''l1 ii,,o,
/ Reading Company, which were nens upon
the property now held by the Philadelphia
& Reading Railway Company Ihe new
stock, when delivered to the heauins sor.,
pany will be deposited with the Centrai
/ Trust Company as addiuonai Coid''i'A
To the general mortgage
| RUBBER PRICES LOWER--The trend
| Of rubber prices Is again downwaru,. 90
grades in London are auoted az % ~ Sg T,j9 go
is only Il cents above the low OF the year
and represents a drop Of 10 cents from the
high OF the last four months; baGa -, -,
demand. or at least buying oenanu, W
/ both English and American nanufactuTers
| gives the impression that even lower prices
Will probably follow.
NIPISSING AND Ia ROsE-Eugene
| Meyer, jr, will retire from the board OF
the Nipissing Mines Company at the an,
nual meeting in Portland Monday and VIII
be succeeded by Denis Murphy OF ottawa;
G. w. Stephens will retire from the board
Of La Rose Consolidated Mines at the an, an,
nual meeting In Portland Monday and VIII
be succeeded by r r. Watson. at present
general manager OF the company
ADMITTED TO THE LIST.-The Stock
Exchange has admitted 10 the list inter.
borough METROPOLITAN Gompany ,a sSpIficSfeg tiSS
extended 70 March s. 1916, and sg,isi,l 100
permanent preferred stock Young uIsI
certificates extended TO March 8. 1915. m
terbOrough- Metropolitan Company temper
ary common stock voting trust certificates
and temporary preferred stock voting trust
certificates have been stricken from the
list.
GRAIN EXPORTS FOR THE WEEK
Y
for the week. with comparisons, figures
IN bushels. a. follows; Wheat, -four In
cuded. i.7se,s7S against l,sS5,5G last week
and i,cse, ,272 in this week last year: fsca!
this period in 1910 Corn, s3e, ,4s2. eontrasted
with l1-si40 last week and 462.oh in the
same week last year: fiscal year. S,00-,ol5
against "A 1855 in the corresponding period
last year.
NEW YORK CENTRAL NOTES
READY. p. Morgan & Co. are now pre-
pared to deliver definitive New York Cen
trail AZ per cent three-year notes IN eN-
change for their trust receipts ms issue
amounting 20 s3o,0oo0co. was bought re-
Gently BY the firm and has been entirely
Iesold 70 investors and others.
APPLICATION TO LIST-Applicatlon
has heen made 10 the New York STOCK EX-
change nv the May Department Stores
Company to list 100000 preferred stock and
$1,000 600 common stock. and by the West,
chester Lighting Company 10 list N,isi:eD
first mortgage per cent bonds, due IN lso'
DIVIDENDS DECLARED. - Dividends
have been declared as follows: The Tren-
ton Potteries Company, regular quarterly
per cent on the preferred. payable April
o the United states Metals Products COM
pany. regular quarterly IL. per cent. paya-
ole May /: the United States Motor COM
pay regular quarterly ia per cent on the
preferred. payable May n.
EXPORTS or COPPER.-Exports OF
COPPER for the week ended April - were
Il 4OG tons, making from April ! total OF
q 80 tons compared with 1884 tons IN the
same time last year.
VAIL IN NEW HAVEN. Theodore y.
Vail president OF the American Telephone
and Telegraph Company, has been elected
director OF the New York, New Haven x
Hartford Railroad COMPANY succeeding the
late Nathaniel Thaver.