New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-02
TOPICS OF THE STREET
~ TRADNG.-Foreisn houses

FOREIGN TRADING.-Foreisn houses
not active factors in the local stock
W., w.. dealing in about 5000 shares. most
" sales. -
il--.oo5 that the United States Steel
tN...,ion this week will establish a new
~ record in operations since the first
- wear The ingot output is now 76
cent II capacity comparing with the
.sipc hieh record Of e per cent. This
I,s TRAIT the steel Corporation is turn
our ingots al the rate Of 5000 tons
o~ 1to0a no tons a year The record
..,,+ NJ ircots for q full year was in 1910,
13r7aSsa tons were produced. Pig
W sforI,s are rapidly being reduced. the
...-i.,taea in the last two weeks amounting
y eor9sthing like $4,000 tons. so that in
went ~ the corporation ability 10
.rsirfein present insot operations more
sgssf furnaces viii have 20 be blown IN.
pAxE CLEARINGs FOR JULY Bank
.,-a-ires for the month IF July make quite
ssisfaetorv comparison with the cor
-.snor6.ng period IN the two preceding
80 and III numerous important contres
I.-~s~ exchanges indicate broadening ac-
.,,stv iu general trade Total bank eX-
.ss,rse fl. the month at all leading cities
A. .tsa United states. according 20 the
--,-sraenr compiled by r. G. Dun q Co.
$780, includes returns from u leaolhs
H.-.~aS saeregate Sl2.s45.@210Il. decrease
$3.50 Dar cent compared with July last
- and SIS per cent as compared with
t~ rpp The losses are almost entirely
~ View York CITY. Boston ana Fttsbnl &
=, az these cities 10 IS small Numero Gus
osfe.de cities report gains. nut the IN
S--vl-,ert IS more noticeable IN the South
IN ard Central states AT New YORK cry
t-e returns are more satisfactory tnan n
49, preceding months this year. notWlth-
s..DciuE the fact thar operations on the
80 --4rIcer were less this year hy several
-~TTI1v shares than IN the corresponding
month I'M the two preceding years
COPPER EXPORTs.-Exports OF copper
81 se75 tons in July. as reported by the
custom House. total 7s299,2Oo pounds and
- the th.-a largest months shipments
ever raro-.ed by the government The nigh
rfrrrl NJ exports was MADE N DScSIAbtt.
-a- when 10 6s5 tons. or 8:4l4.40l pounds,
~re~E -rfuuet abroad July 1893. rs second
Nith exports Of 55.046, or 7S5l5.eO pounds
LARGER COPPER SALES. Prospects
Of q good July copper statement have en-
ooura-ed some buying Of the metal. 1t Is
estimated that within the last several
d. about 100000 pounds have been
80, on a basis of 1874 cents q pound
TIE trade rs fgur'nC in q shinkage Of from
100000 10 -10Ul,4l pounds 10 surplus
stocks In this country and abroad for the
month n july
HARTMAN DIVIDENDS NEXT WEEK.
Owing TO the impossibility Of obtaining
ouorums al the executive committee meet
,rr n the Union Pacific Railroad Com
,ar, and the Southern Pacific Company
t--f-r6av no action was taken on the cur
rsr+ sly-dends due. Il IS expected that
oLcruns Of the full boards Will be secured
Tlv- THURSDAY a Week, when the usual
dividends VIII be declared.
TO AUDIT ACCOUNTS. Edward T Pc
-.-s. formerly treasurer Of the United
ets-as Mortgage ana Trust Company, and
until recently deputy state controller. has
o-a-a3 oHHces ln the Singer Building. His
business win De auditing and reporting &C
counts and publishing Statistics
GOLD FOR CANADA-Gold coin 10 the
amount Of $4,000 was withdrawn from the
Sub Treasury yesterday for shipment 70
canada Total shipments on the current
movement. s. ooo1e.
REGULAR PENNSYLVANIA DIV
TEND The directors Of the Pennsylvania
Railroad have declared the regular guar
-e-,r dividend Of ~ per cent, payable AL
gust 3d.
OMITTED TO THE LIST The stock
Exchange has admitted 70 the list $1,000
OJ additional American Telephone Com
pany collateral trust 4 per cent coupon
bonds. Que 1893