New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-01
TOPICS OF THE STREET.

FOREIGN TRADING London bought
upward OF 5000 shares in the local STOCK
market foreign houses taking advantage
Of the decline in this market 10 operate on
arbitrage account. for which conditions
were favorable owing 10 the difference pc
tween prices in the two markets London
was not At all bearish about the American
Tobacco decision
IMPORTS AND EXPORTS OF COZ
PER Imports of copper. not mcludlng ore;
for April. l9ll were 2.S2o62, as conlpadIteoo
with y $40 sq6 for the same month IN 1910,
for the ten months ending with April, 1911:
~ .020 2i3. as against S25,%te-i IN l9io ana
s24 4ss 49, in 1902. According TO advance
sheets Of the Department Of Commerce
and Labor. Bureau Of Statistics, exports OF
copper. not including ore, for april 1911
we're 50 .Caa 7a7, against 1881 $50 for the cor
responding month last year. for the ten
months ended with April 1911, exports we're
SS6 N,5243 as compared with S14.2le,O5s for
the corresponding period Of 1910 and $50
7s6 go in 1902.
EXPORTS AND IMPORTS or IRON
AND STEEL-Advance sheets from the
Department Of Commerce and Labor; Su-
reau Of Statistics. give the exports Of iron
and steel for April l9ll. as 2iHlI c9S, as
compared with $3.50 60 for the same
month in 1910. For the ten months ended
with April. 1911. exports were sls9 1854
as compared with I44,97lsiQ for the CORE
spending period in 1910 and Nls.-01 "a for
the Same period in 1902 Imports Of iron
and steel not including ore. for April. 1911,
were 2.iSe SIS. as against S.Ilo.6li FOR the
correspondents, month in l9lC Cor o the eso ten I
months ended Wh 80, A a o. l sa ssoss 30.
period in 1910 and si7,733777 in 1874
CRUDE RUBBER DOWN. Crude rub
Der suffered another abrupt break yester-
day. dropping from 81 q pound TO eo9. cents
cents at Para. ON Tuesday night the
stocks at the latter point were officially re
corded a. 500 tons. a local suthority
saws that there has been no more buying
above than there was when the price was
81 n pound
COPPER MARKET There is little
change i'm the copper situation. London
prices we're again higher Yesterday. bat
i2is cents a pound There was no pressure
10 sell The impression continues TO grow
that the statement Of the Copper Pro
ducerS' Association for May VIII be favor
able.
AMERICAN SMELLING AND REIN
ING.-Thc common and preferred stocks
Of the American Smelling and Refining
COMPANY have been admitted to official
quotation on the London Stock Exchange.
ri EEThN 5&sar SF eeans company has re
duced its list price for standard sranu-
lated points. from i9lc To i.s5c. less the
usual > per cent for cash
ON-WASHGNGTON BONDS OVER
81 Observation-Disclosures, Loeb co. an
nounce that the subscription list for the
oregon dknlnHlOn hdllIbdt ana NdNlkd
ton COMPANY first and refunding per cent
londs has been closed. the issue having
been many times oversubSCribed.
STOCK ISSUE LARGELY OVERSIZE
Sc RIBED.-The subscription books for the
81 $4,000 Barnhart Brothers 4 Spinder
cumulative : per cent first preferred stock.
guaranteed both "a To principal and divi-
dcnd 10y the American Type Founders Com
pany. opened at 10 o'clock yesterday morn
INK at the office Of George II. Burr 4 20
ard Pomroy Brothers and closed a; l0l5
o'clock. tho issue being several times over
subscribed The stock was offered at l0l
DIVIDENDS DECLARED. Dividends
have been declared as follows: The Bos-
ton X Albany, regular quarterly 2ia per
cent. payable June 50. the New York Cen
trail regular ~ per cent payable July IS.
DETROIT TUNNEL BONDS ALL SOLD
Tho $1,000 000 Detroit Terminal and Tunnel
first mortgage !i2 per cent httN-year gold
bends of the Detroit River Tunnel Com
p"ny. guaranteed principal and interest bv
the Michigan Central Railroad Company
81 1902 and accrued interest, by j. f. Nor
san 4 co. the First National Bank and
the National city Bank. have all been sold