New-York tribune., 1911-01-08

l2a. 10 1874 cents a pound. A renewal Of
European buying is reported. Exports dur
ing December. according to Metal Ex-
change statistics. were the second largest
of any month this year. and notwithstand- :
ing this there was further decrease OF
5.49i 40 pounds in the foreign visible sup
ply. December 81 the foreign visible was
lS, ,705,2 ,2S0 pounds. a decline OF 66.4i5.l20
pounds since April 30. Domestic deliveries
during December are reported to have been
very satisfactory but the sales showed
considerable falling, off, as might naturally
nave been expected in the closing month
OF the year II the copper producers
statement, to be issued Monday, shows a
Iurther substantial decrease in the AmeTl-
strong renewal OF the buying demandl
rrpin I,.pi All parts of the world, the result on
Nnlcn viii probably Sbe an advance In the
price or the metal"
ANTHRACITE SHIPMENTS IN 1910
Inc shipments of anthracite coal in the
year ended December 81. 1910. amounted 10
o4.SVo' ' 20 tons, an increase OF 4.5 per cent
oNeT tne shipments OF 1909. The increase
LOT LOT, DtgeecefnDer, 1910. over December, lSy;'
was +oo,l40 tons, or 7.3 per cent. fhe Phll-
adelpma & Reading Railway had the larg-
est anthracite tonnage in the year 1910, T.
4i5 ISS tons The Lehigh Valley came sec
ono, with li'ls5765 tons. and the Lacka-
wanna third, with s5s9O76 tons AS the
coal used In the operation OF the mines IS
ABOUT 10 per cent OF the total production
and and as about 100000 tons are sold 70 the
~ Atit anthracite Itbl'h'
total production of anthracite may be
roughly estimated at 100000 tons. the
year 1907 still holds the record for anthra-
cite production. The output OF the mines
IN that year amounted to IS, ,i32 iH tons.
IN all these figures the unit of weight Is
the long ton" not the short ton" used
In statistics Of bituminous coal
BANK CLEARINGS. The total bank
clearngs. for the United States for the
week ended January :, 1911 Zone day esti,,
mated, according to The Financial
Chronicle, were $685., ,0j6591. as compared
with A@4 762 for the week ended Janu-
total bank clearings decreased 3l4 per
cent. New York City reports a decrease
OF 4O.6 per cent, Chicago Of l45 per cent
New Orleans of 221 per cent and Balu-
more OF l25 per cent. while ST. LOUIS
shows an increase of 10 per cent.
BOND INTEREST CALENDAR.-Pope
Daily Bond Interest Calendar for 1911. sec
ono years edition, published by the Finan-
clal Service Company, Of No. Rector
street. has just been issued. IL is an orig
inal, unique and valuable help to banks,
trust companies, bankers. stock brokers,
bond houses, etc, showing accrued inter
est on bonds, both for cash and regular de-
livery, each day.
PHENIX BANK TO DISTRIBUTE
PHELPS-DODGE STOCK.-The directors
Of the Phenix National Bank have passed
a resolution providing for the distribution
pro rata to the stockholders Of the bank
of record January of the 1900 shares OF
stock OF the PhelBs-D Dodge Company, held
by that institution Transfer books Of the
bank will close January 3 and reopen jan
uary p
DIVIDENDS DECLARED. - Dividends
have been declared as follows; The Ma
tional Reserve Bank semi-annual 3 per
cent, payable January II; the international
Steam Pump Company regular quarterly
! p per cent on the preferred, payable Feb
ruary /: the Peoples Gas Light and Coke
Company of Chicago regular quarterly or
13 per cent, payable February p. and the
Bush Terminal Company per cent on the
common, payable January rs.