New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-08-15
TOPICS OF THE STREET.

t-oprrcN TRADING.-Foreign hVusI
hought upward OF 1000 shares ia l1 sor the
stock market. 5o0o snat ,ha rest for Am
account OF London an" '"'
sterdam. 7, ex-
MEXICAN LOAN EXPLAINED;L,,!h con-
pIalning the 100000 loan rece sl.o,-, ,,ent
tracted for by the Mexican gn'or With
Exchange and Currency CoihiIn MINES ,'iinis Ter
speyer e Co. Jaime Gurza. sup ~. IN
az iinance, said in part: IL ~ ~ nv
reality A loan but simply conlca ~
,ybich the government asks an ao Een0D "a
sl0. 900 600 gold by James Speyer O. 80 rsst,Irn
which the Mexican government car ~, The
easily. Contract was made 10 III ching
needs Of gold fund abroad. Oe =, this
leading 10 this necessity is the fact ~ az
saason exnorts diminish because the 20.
Sesfs are not vet gathered and also tneie
IS a pgralyzation OF business along S Ss
lines due. without douDti 10 that there
are a number OF foreign countries "aIt ian
10 place their capital here after the eie'
tons" 49,.
READING pIvIDENDs;EFollowian,ss 'n a
recent action OF the Reading directors al
second preferred senli-annual DIVIDEND w n
he paid on November TO- Gfter WIN" WIN"
ali Reading dividends will be paio qua =
terly. The new arrangement. VII Peado
ing stocks payable on the second Ihu NE "a
day Of each month Of the year. Inc
FIRST quarterly dividend on the corlni ~ =
stock will be paid on l Noven ayid.nd stock
I a NrH
on December H. The first quarterly ~, III La
dend on the second preferred STOCK WI! De
paid on January II. 1872 and VIII De loI "a - y
months. after which quarterly dINasI III
will be paid on the stock in January Api''
July and October OF each year
COPPER MARKETING week opened
with little change in the copper situauon.
The large producers and seLing aseh l.t
continue 10 quote 1874 cents Tor eieCtrols ~
hut II IS we'll known that sales OF the nlelai
have been made as low as l2h cents a
Mound Consumers do not appear lnciiiieu
~ enter the market freely. The feelng j
expressed that the slump in security vaI ues
has checked n buying movement MtlICl
was expected 10 start in this week Ihere
are many consumers In need OF copper
but they continue 70 purchase on manu-
10 mouth basis
DIVIDENDS DECLARED Divtdends
have been declared as follows: Inc Grea0
Northern Paper Company. ~ per cen CEN
pavable September I: the Brooklyn faplo
Transit Company, regular quarterly "a per
cont pavahie October !. the Rochester
Railway and Light Company, regular duaIi-
. terly u per cent on the preferred, pay aDle
Saptember 4 the American writing PdPs.
Cornpanv. regular semi annual 81 on t no
nreYerred pavable October 2: the American
coal COMPANY. regular semi annual PEI
cent. PAYABLE September J. ana Deere e@
Co quarterly la. per cent on the preferred
payable September 1.
GTEET, OPERATIONS.-Withi the last
u,aek the United States Steel corporation
bas started four additional blast furnaces
and two more will go in this week A1uI
fiors1 furnace production is due 20 the fsct
that pig iron stocks are getting Very Nv.
Iron stocks on hand al the close u ~ - 20
week amounted 70 approximately lNpD
ems which represents a few days supply
only, as the corporation has been consutii
,ng az the rate OF more than 10000 tons
dsv FOR six weeks or longer.