New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-06-29
TOPICS OF THE STREET.

FOREIGN TRADING. Foreign houses
bought upward Of 1000 shares on balance
in the local stock market
DIVIDENDS DECLARED. Dividends
have been declared "a follows: The Inter
national Paper Company, regular quarterly
p ~ per cent on the preferred payable
& ~ Louis. regular quarterly III per cent
on the common and preferred, payable
July q. the Pennsylvania Company. reg
rlar. semi annual per cent. the Delaware.
regular quarterly per cent, payable July
10; " r Clafln & Co. regular quarterly
~ per cent on the common. payable July
- The United states Industrial Alcoaol
on the preferred payable july Is, the State
Investing Company. regular semi-annual
2is per cent. PAYABLE July l.. the 41tna Ma
tiona Bank. regular quarterly per cent.
poration, Il. per cent on the preferred.
PAYABLE July Is, the United Light & Rail
WAYS Company. ~ Portland, Ne. ~ per
cent on tho second preferred PAYABLE July
|. and the Fonda, JohnstoWn e. Glovers-
Vile Railroad, regular seml-annual per
cent on the common. payable July 10.
Rail. ORDERS In the last week there
of the steel business. orders received BY
the Steel Corporation include "a ass tons
from the Tennessee Coal and Iron Com
panv. LOO tons from the Illinois Steel
Steel Company, Pittshurg. Steel manufact-
urers say H. is altogether likely that rail
roads Will enter the market for large ton
mage Of all classes of steel next month.
II the present favora bic crop conditions
continue It VIII mean heavy trafic which.
in turn. will mean the placing Of large
steel orders, especially equipment
THE COPPER MARKET The copper
made by small dealers from the l22. cent
quotation. This IL probably due 10 the
lower quotations sent over from London
yesterday and the day before The large
interests continue 10 quote l25. cents a
pound. hut few sales are being made al
this level The wants of consumers have
been satisfied for the time being. and no
revival so far as huying is concerned IL
expected until about the middle II next
month.
STEEL EXPORTS So far in the cur
rent Year. exports or the United States
OF almost ~ per cent over the correspond
ing period Of. last year. Exports OF all
classes Of steel by the Steel Corpora ton
VIII probably reach well above 100000 tons
for the full twelve months The Increase
IN exports has not been centred in any one
class of material. but practically every
product produced has shown gain
WEST VIRGINIA CENTRAL G. PITTS
BURG BONDS The principal and interest
on the $4,000 first mortgage bonds of the
West Virginia Central g. pittsburg Railway
Company, maturing July +. will be paid on
and after that date upon presentation and
surrender OF the bonds and coupons AT the
ONCE OF Blair A. Co. No q Broad street
the financial agents NJ the railway com
pany This road Is controlled BY thu West
ern Maryland Railway Company
WESTINGHOUSE MACHINE COM
PANY John +, Wallace has been elected
director OF rhe WESTINGHOUSE Machine
Company. OF Pittsburg
SECURITIES LISTED The following
securities have been added to the Stock
Exchange list: s3,33s,3oc guaranteed special
stock If the Fittsburg. Fort Wayne a
Chicago Railway Company. $3.50 O0 gen
eral mortgage per cent bonds Of the New
York, Ontario, e. Western Railway Com
rany; $4,000 ten-thirty-year per cent
sinking fund mortgage bonds Of the Re
public Iron and Steel Company: seas O0o
Southern Lines first mortgage 4 per cent
bends OF the Manila Railroad Company:
SIS. .0oo five-year s per cent sinking fund
coupon notes Of the General Motors Com
pany and u :soi,O" first mortgage per
tsrio Transmission Company