New-York tribune., 1911-12-02
TOPICS OF THE STREET.

FOREIGN TRADING. -TrsnsactioDs for
forei n account IN the local stock market
d.d not exceed 900 snar 's. lHere were
more purchases than sales
BANKS LOSE CASH. The reported
movements Of currency this week inIicale
a loss in cash held by the banks OF aooIt
SGG1.00O on the erect mVVtIn-nt Win The
interior the banks gained only modorate
amount. compared with preceding WeeEs.
asainst which they lost heavily 10 the SUB
Treasury and by gold shipments Iqs
banks received from the interior $4,000
ard shipped into the interior >l0.oDVH. in
cluding $1,000 national bank nOtts sent
10 Washington for redemption, sLWfO
gold coin shipped 10 Canada ana $1,000
transferred through the SuO-1reasurv %
san Francisco. The loss TO the lnterio'
was $1,6l3.O00 Receipts Of new gold were
Sill 90 namely. on New YORK Assay Office
checks Sl,07S.0l0 aud on Seattle Assay Once
checks Sg3 go Gold exports amounted 70
$1,000 to Venezuela. South America. Ord.-
nary disoursem5 nts by the sub Treasury
were 81. 1890 Payments b. tae banss 70
the Sub-Trcasury for customs. internal
retenue , per cent redemption fund. etc,
amounted To SlS 46l .0JD. showing a loss on
Sub-Treasury operations proper or >5l9.-
0O0 The total loss 10 the interior Dy sod
exports and on Sub-Treasury operations
proper amounted 10 %.4i5.0J0 DaduetinS
therefrom the gain by new gold. the net
loss by the banks was Sl,5S2''W
| DIVIDENDS DECLARED - DIVIDENDS
| nave been declared as follows: The lnger-
soll-Rand Company. regular semi-dunual
/ per cent on the preferred, payable January
| l. The Guggenheim Exploration COMPANY
regular quarterly 2lz per cent payable jan
uary > The st. joseph Lead company
! regular quarterly ~ per cent. payable De-
cember 80 The Mersenthaler Linotype
/ Company regular quarterly ~ per cent
and an extra 81 per cent. payable Decem-
ber go The Celluloid Company regular
quarterly IL per cent. and an extra , per
/ cent payable December ~. The kansas
/ city, Fort Scott & Memphis regular quar-
J H.. 1 an a ref q
/ cago & Eastern Illinois regular quarterly
/ 1I9 per cent on the preferred. and semi
annual per cent on the common PAYABLE
January 2.
YUKON GOLD DIVIDEND DOWN.-The
directors OF the Yukon Gold Company have
declared a quarterly dividend o. ~ cents
share, equal to IL Der "snL TINS Is a
reduction of per cent from rom me iast pre-,
! ceding payment, placing the STOCK on
per cent basis instead ~ per cent :. r.
/ ciuggenheim. the president Of the company.
saws: The extraordinarily dun season
prevailing i'm different parts OF the world
also affected Alaska and Yukon territories,
curtailing the hydraulic production, ana
shortening the dredging opera tlons. The
two new steel dredges which had been quit
upon the property this season We're not
finished in time 10 be OF much bene1t. The
final figures for the season. operations are
not at hand, but the advance statemen
indicate net operatlns pront OF sPIroM;
profit of s15C0.000 which, II realized would
! have allowed the continuation or dividends
at the per cent rate.
GRAIN EXPORTS OF THE WEEK
'Rradstreet's' repOrts the exports OF grain
| for the week with comparisons. figures IN
! bushels, as follows Wheat, -four included.
J 4S55.3l6 against 4.002 40 last week and
4 35e5 1873 in this week last year. for the fiscal
year to date 20 734,4ii, compared With BIS
! 1872 in the corresponding period OF 1910.
Corn l4S5i contrasted with lSSNG last
week and 2s5.36S in this week a year ago.
for the fiscal year 70 date, u,l5I20I g-,lst
, S212.052 in the corresponding time IN lsl@
] The experts Of wheat this week We're tns
largest in any week since November, lSt'
| EXPORTS OF COPPER.-EXports Of
copper for the week ended November
were 3755 tons, making Tor the month
! q. .43l tons. compared with 29e7 tons m the
same time last year.
/ MONEY FOR SAN FRANCISCO The
! Sub-Trea sury transferred 100000 70 san
! Francisco yesterday for the account Oh
| local banks. making total or StoN"V on
the current movement
| RUMELY & CO STOCK sUBSCRIP-
TION CCESSFUL.-William Salomon &
Co and Hallgarten & Co. announce that
subscription books for the &.OJ0oo "
Rumely & CO. preferred stock have been
closed, the stock having been largely over
subscribed.
ROME. WATERFOWL & OGDENS-
BURG.-The stockholders OF the Roma
Watertown & Ogdensburg Raj i'road COM
pany yesterday reelected the old directors
who are al~o eX-otficio rectors OF the UTICA
& Black River and Oswego & Rome Rail
road companies. The board organized ny
re-electing the officers.