New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-02-10
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses
were not active In the local STOCK mathet.
arbitrage transactions amounting 10 ABOUT
300 shares, mostly purchases.
COPPER MARKETING fairly good do
nestle demand for copper which has pre-
vailed for some time continues and repre-
sents actual consumLtive requirements, cVh-
sumers continuing their policy OF allowing
the producers 10 carry the surplus STOCKS
AS far prices are concerned, the Jan,
uary statistical showing has as yet NAG
little effect upon the copper market, aiIu
the speculative fluctuations on the Lon1olI
Metal Exchange have been equally without
effect Electrolytic Is steady being officlai-
ly quoted at l2l2c by the large sellers, WIN
smaller lots obtainable at l2asc. consld-
cradle business could be done at lZ14c put
sellers Yesterday turned down some large
offers at that price, In the belief that II is
only a question of a short time When tne
consumers must come into the market ZOE
the metal to meet the requirements OF
spring business
FINANCIAL CALENDAR FOR l91l.-Tt1e
Financial Calendar Company has Issued lts
financial calender for 1911, containing, as
usual a large amount of useful lnforma-
ton for bankers. brokers, investors and the
business world in general. 1t is valuable
reference work designed TO forecast nnan-
cial events, as, for instance. the rates ~
dividend meetings. closing ana opening oi
transfer books. payment Of DIVIDENDS ana
annual meetings.
DIVIDENDS DECLARED. = DIVIDENDS
have been declared as follows: The Adams
Express Company, regular quarterly e.
payable March /: the Vandalia Railroad
regular quarterly IL per cent, payable r en-
ruary 81 the Union Pacific, regular quar-
terly Do per cent on the comon and SEMI
annual per cent on the preferred, pay dole
April j. the Southern Paclhc company, reg
ular quarterly IL per cent, payable April l.
the American Stogie Company, regular
quarterly | per cent on the preferred, pay
able March /.
TO MOVE L. s. RADIATOR OFFICES
The directors OF the United States Radia-
tor Company have voted TO remove the
operating headquarters and general ofnces
from Dunkirk, n. Y, to Detroit. The
change will be made next July, when the
new buildings in Detroit, now under cV on
Herendeen has been elected director OF
I the company, succeeding the late r.. l.
Herendeen.
CANADIAN STEEL FOUNDRIES.--Tne
Canadian Car and Foundry Company VII
guarantee the bonds of the new Canadian
Steel Foundries, Ltd. the company Formed
to take over the Montreal Steel Company
and the Ontario Steel Company. The bonds
ada Trust Company and will be offered
solely on the London market.
RIO PLATA MINING.-Tne Rio Plata
Mining Company reports total income LOT
the wear ended November 80 or si2o,ooo
against S2l4906 In the year before, and net
profits OF s2i5, O63. equal to 1926 per cent ON
the capital stock. compared with 4@ PEI
cent in 1909.
POSTED FOR TRANSFER.--The New
| York Stock Exchange seat OF the late
| Claude q. Sterling has been posted fol
! transfer TO ChaunceY r. Spears, and tht
seat Of the late Otto Lowengard to Richard
| S. Lord.
/ LEHIGH Val Il Il Y PASSENGER
! TRAVEL.--In the six months from July
! to december g. l9l0-the first half OF the
| nresent fiscal year-the Lehigh Valley Rail
! road carried 2.972322 passengers. This Is an
! increase of 1265iS. or - per cent. over the
| same period of 1909. The passenger miles
passengers carried one mile-from july
! TO December 81, 1910. came to 14661s,yp, an
! increase OF 12SS2 30. or 80 per cent.
! NILES BEMENT POND COMPAN1 -
! At the annual meeting of the Niles-Be-
ment-Pond Company c. l.. Cornell was
| elected a director. succeeding the late Alex
I ander Gordon. Other directors were re-
! elected