New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-09-14
TOPICS OF THE STREET.

houses g9H dealt in Upward Of ZOO shares in
the local stock market, sales ana pui
chases being about evenly dlVloeo.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: The Sloss-
Sheffield Steel and Iron Company. resI-
lar quarterly "a per cent on the prererre CO.
payable October /; the Rubber Gooos
cent on the common and regular guar,
terly IA per cent on the preferred potn
payable September IS, the -f.onan, " e .osI.
Piano Company regular quarterly ~ pei
cent on the preferred, payable SEPTEMBER
20: the New York & Harlem Railroa9'
per cent on the common and preferred,
being the semi-annual payment from me
rentals OF the Fourth Avenue surface me
the last preceding payment the Western
Electric Company. regular quarterly ~
payable September 80; the. western Union
Telegraph Company, regular quarterly =
Of Der cent. payable October Is; the Chi
cago Telephone Company, regular quarterly
2 per cent, payable September so; the
United Shoe Machinery Company, regular
quarterly III per cent on the preferred an a., 4
October 8.
THE COPPER MARKET.-Sellers OF cop
per are beginning 10 complain or railing
off In the demand for copper for export
They attribute this 70 the Moroccan situa-
ton and the decline IN industrial activity
abroad, particularly in Germany. sales OF
copper are being made at iZ12 cents q
pound The domestic demand is light, con-
sumers being inclined TO the belief that
there will De plenty Of copper TO go around,
and therefore are not disposed 10 make
commitments for future delivery. Sales or
small quantities OF copper in the hands OF
small producers is one of the unfavoraole
factors. 1t has been offered for prompt
delivery as low {, as - cents Sew tb a0T T
fineries and not sold by a selling agency.
ADMITTED TO LONDON LIST.--The
London Stock Exchange has allowed the
following securities TO be quoted in the
Company. s1,494,000 refunding and improve
ment mortgage 8 per cent gold bonds, or
LOO each; No. NJ l0,ool to NJ 1l.D4, In lieu
OF the scrip, together with $3.50 coo refunding
bonds OF $500 ISSUED abroad, No. NJ II. 435
to NJ 1900. Lake Superior Iron and Chem
teal Company, s6l6 30 first mortgage per
cent gold bonds in lieu OF scrip.
AMERICAN ToBACCO.-The preferred
stock protective committee OF the American
Tobacco Company announces that a ma
jority OF the stock has been deposited, IN
der the agreement OF July rs, with the Gen.
trail Trust Company. and that certificates
Of deposit issued against the deposited
shares have been listed on the Stock Elk
change. Tho time within which deposits
may be made expires tomorrow
STOCK EXCHANGE GOVERNING COM
MITTEE.-The Stock Exchange governing
committee resumed its regular meetings
yesterday, transacting nothing but routine
business. No new listings of securities were
reported.
COMMONWEALTH EDISON. - The di-
rectors Of the Commonwealth Edison Com
pany, Of Chicago, will meet tomorrow 10
consider a proposition TO Increase the cap
ital stock 70 per cent, the new stock to be
offered TO stockholders at par The pro-
ceeds from the sale Of stock will be for the
purposes OF general expansion.
ELECTED A DIRECTOR.-Frank D.
Wtsey has been elected a director OF the
Coal and Iron National Bank, to fiji the
unexpired term OF the late W. S. Rode