New-York tribune., 1911-11-11
TOPICS OF THE STREET.

FOREIGN TRADING Foreign houses
sold upward OF $3.50 shares 81 Uni,sS
States Steel III the local stock market bu,
bought fair amount of railroad issues. '"'
BANKS LOSE CAsH.-Thc r4nor,aa
movements of currency this week iIdicata
loss IN cash held by the banks 4f abont
y2,00.0o. The banks received from the in.
terror ss.si5,00 and shipped into the in,e.
rior T.972VDp, including sl.s43.Og1 ns,ian,i
bank notes sent to Washington for rsSsnsn'
ton. The gein from the interior was 81
$4,000. Receipts Of new gold were N,s1sScJ:
namely. on New York Assay Once cherk,
sss7, ,C0O on San Francisco Mint checks s;@.
900 and on Seattle Assay Office cheoy.
$4,000. Ordinary disbursements by the sub
Treasury we're Sl2 $4,000. Payments nv ~.
banks to the Sub-TreasLry for customs. in,
ternal revenue, per cent redemption fund
etc, amounted 10 sls,0S5,eo), showing a loss
on Sub Treasury operations proper OF S.
$3.50 The total gain from the interior ana
by new gold amounted to s3,4s20D1 Deduct,
ing this from the loss on Sub-Treasyry IN.
erations proper the net loss by tbs bank.
was s2,lH0o.
EQUIPMENT ORDERs.-AddItlonsI o,.
ders have been placed by the Men york
Central lines for the construction Of . ~,
freight cars. distributed as follows. i ro
ail-steel hopper cars With American car
and Foundry Company. 800 steel ,lnderf-ayoa
fat cars with the Barney g. smith csp
Company and $50 all-steel gondolss With
the Standard Steel Car Company. An order
has been placed with the American Car and
Foundry company Dg fne thiCd2O
Ington & Quincy for 800 gondola cars.
WABASH ISSUES DOWN.-Au the Va.
bash issues were weak IN Yesterday stoek
market, the extension and refundine ss de-,
| clining more than points and showing a
| loss of 1915 points from the high level ~
the year. made last February The ore.
ferred stock showed maximum decline ~
| 3 points. closing at net loss Of ~ whfla
| the common ended :. down Wabash first
| extension and refunding A. outstsnd,n.
Il fO ~ al
issue OF Sc00.0c0000. These bonds are g.
cured BY mortgage on the entire prop
erty and BY stocks OF various related COM
/ panies.
COPPER TRADE. Exports Of conner %,
the week ended November were $50. tons
making from November ! total os sos
! tons, against 1.944 tons In the same time
| last year. Sales OF copper are increasing.
| and a noteworthy feature Of the market I,
the larger demand for the metal In Europe
Stocks in tho hands Of consumers appear
/ 10 be low.
GRAIN EXPORTS OF THE WEEK.
"Bradstreet's' reports the exports OF grain
| for the week with comparisons. figures IN
bushels, az follows: Wheat. -four included
! GEESE against 1868, 800 last week and
| S.0s0123 in this week last year; FOR tho fiscal
year to date. 58365,6li, compared with q
| 3s5.s:e in the corresponding period In 1910
corn. 2Is5o2 co 9contrssSted with S2Ssb Last
week and 353.6S in This week year ago:
for the fiscal year to date 1o,6S9,42). against
: 7.036. .Oa4 in the corresponding time in 1870
FRANKLIN TRUST COMPANY .-Rober,
L. Pierrepont and William. :. Brewster
have been elected trustees Of the Franklin
Trust Company Of Brooklyn
MONEY FOR SAN FRANCTSCO-The
J Sub-Treasury transferred $4,000 10 San
/ Francisco yesterday for tho account OF
| local banks A.
| EUROPEAN PATENTS SoLD.-At II
meeting of the stockholders OF the Pay:
| as You Enter Car Corporation at Whining
ton. Del, Yesterday. resolutions approving
the sale Of the European patents 10 toe
International P-A-Y-E Tramcar Company.
! Limited, were passed.
! APPLICATION TO BIST.-Appcation
has been made TO the Stock Exchange to
! list 100000 Assets Realization Company
capital stock and s5,2sl. 900 National Starch
| Company per cent debentures, due 100