New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-03
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses
vere active In the local stock market. buy
ing inward of 5000 shares on balance.
BANKS LOSE CASH. - The reported
movements OF currency this week ind'-
cate q loss in cash held by the banks or
80 2O3. zoo The heavy Withdrawals OF gold
for Canada and the losses on Sub-Treas-
urv operatfons exceeded a fairly large IN
ward movement from the country by that
amount The banks received from the III
terror s12,435.oOO and shipped INTO the III
terror 81. 7o3 900. including sS's'o'"o goId com
sent to Canada and s3,741.ooD national oanK
notes sent to Washington for redempton'
The gain from the interior was *'3o'Vo'
Receipts OF new gold were sl,s34Vo' name
~. on New York Assay Office cheeks, w.
292 coo: on San Francisco Mint checks, *lo'-
COO and on Seattle Assay Office checKs'
$1,000 The total gains from Inc inferior
and by new gold amounted to &'b3vo.
Deducting therefrom the loss on SUD
Treasury operations proper the net loss oy
the banks was 10000.
DIVIDENDS DECLARED. =. Dividends
have been declared as follows: Inc AnieiI-
terly Ia per cent on the preferred payao,e
July l. The National Surety Company
quarterly per cent, payable July l. ine
United Verde Copper Company' r ressuiar
quarterly ia per cent, payable July $. ne
St Louis & San Francisco quarterly per
cent stock certificates for the Kansas Nlti,
Fort Scott & Memphis preferred PayapSi,e
Julv /, and stock certificates for the Chi
cago & Eastern Illinois preferred ana re-
ular semi-annual 5 per cent on the certln-
Gates for Chicago e. Eastern illinois coin-
mon. payable July 1. The st. Louis South
Gpn1i-aunllal 2 Der cent on
the preferred. payable July 10.
GRAIN EXPORTS FOR THE WEEK
Bradstreets reports the exports OF gram
for the week, with comparisons, hSureS IN
ed. 3,673366. compared with 2.6A.lS last
week and 2970.663 in this week last year
fiscal year. ia, 1896. contrasted with i I'D
JO2.020 In the corresponding period IN i'lV.
Corn, $685. $50, compared with 1865 last
week and 23S, 740 in this week year ago.
fiscal year. 49, S65, 453, against 2l,2JS.iS3.
COPPER MARKET.-The copper market
continues firm with electrolytic holding pc
tween 1875 and l21a cents pound. SAFE
of 100000 pounds Of copper. was made To
a Western consumer yesterday at price
slightly above 1874 cents pound. FRO
ducers and selling agencies are not pressing
copper for sale. They have sold a great
deal Of copper ahead, and are not disposed
to make further large sales on OASIS Oh
current quotations.
MISSOURI, KANSAS & TEXAS BONDS
SOLD IN PARIS.-Speyer & Co; confirm
the report that they have concluded neso,
tiations with a group of French banks and
bankers covering the sale OF lOo.WW'
francs Missouri. Kansas e. Texas Railway
Company consolidated mortgage per cent
thirty-year gold bonds. due in 1910 tspeclai
French series. The bonds will be issued
Jointly I'm Paris by syndicate or Dsn ~,
and viii all be in the denomination OF JO
francs each.
GENERAL MOTORS COMPANY.-An-
nouncement Is made that defnitive voting
trust certificates for common and preferred
stock Of the General Motors company VIII
he iesued forthwith on surrender Of tenn
porary certificates at the Office of the Cen
trail Trust Company.
EXPORTS OF COPPER.-Exports Of cop
per for the week ended June ! we're 4'lsi
tons.