New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-11
TOPICS OF THE STREET.

FOREIGN TRADING. - Foreign houses
were not active factors in the local STOCK
market. dealing in only rev huhure"
shares
RAIL ORDERS. - The Carnegie steel
Company reports orders for so tons OF
rails from the Lehigh Valley. The Illinois
Steel Company reports 100 tons OF uisce,.
laneous orders. The l5.cc0 tons placed by
the SeabOard Air Line was divided AZ fol-
lows: The Maryland Steel Company 800
tons; the Bethlehem Steel Company, i.OOO
tons; the Tennessee Coal and Iron com.
pany, 100 tons. Considerable additional
rail tonnage Is under negotiation and steer
officers state that it will probably be placed
I'm the near future.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: The Inter-
national Smelling and Refining Company,
regular quarterly per cent, payable June
I. The Republic Iron and Steel Company
regular quarterly ia per cent on the pre-
ferred, payable July ]. The National Bis
cult Company. regular quarterly lat per
cent on the common and the preferred, the
common payable July - and the preferred
May q.
SECURITIES LISTED. - The following
securities have been added 10 the Stock Elk
change list $l.i9t,Co0 refunding mortgage
4 per cent bonds Of the Chicago, Rock Isl
and a. Pacific Railway Company, N,5UoW
first mortgage per cent coupon bonds or
the Superior Short Line Railway Company
Chicago, ST. Paul. Minneapolis &: Omaha
Railway Company, NW,WO first mortgage
. per cent ffty-year bonds OF the st. LOUIS,
Rocky Mountain d Pacific Company. ST.
00CG00 additional common stock or the
United Railways Investment Company. SIS. !,
CD,J0J o per cent fifteen-year sinking funn
bonds of the American Shelters Securities
Company. $4,000 additional first lien
twenty-year per cent sinking fund Donds
Of the international Steam Pump CON-
pany, N.560.2oJ additional capital STOCK OF
the Niagara Falls Power Company and 81
10000 additional capital stock Of the Chat
ham and Phenix National Bank, formerly
the Chatham National Bank.
BROOKLYN RAPID TRANSIT.--In the
first nine days OF May gross earnings OF
tho Brooklyn Rapid Transit Company nave
increased 5000 day. In April, during
which weather conditions were more I'M
favorable than was the case last year,
gross increased about $4,000 for the thirty
days. The operating ratio has remained
about the same this fiscal year as last IN
spite OF the fact there has been some m
crease in wages. This means an Increase
of gross earnings 10 at least s2Wo,Vc.
NEW TRUSTEES OF NEW YORK
LIFE INSURANCE COMPANY.-T an
nual meeting of the trustees OF tne NeT
York Life Insurance Company was heId
yesterday and the reelection or the entire
board was certified to by the inspectors OF
the election held on April u last. InVnas
p Fowler and Anton 4. Raven tendercu
their designations as trustees, ana the eA-
ecutive committee nominated as thelr suc-
| cessors oscar s. Straus and J, J. Puleyn;
The executive officers were all reelected
except f. y. Randolph, who asked TO Ne
relieved Of the responsibilities OF treasurer
Frederick RI Shipman was elected MS SUI
| cessor, and Mr.. Randolph was mace con-
sultlng treasurer.
I COPPER MARKET.-Sales 81 copper
were made Yesterday on OASIS OF l. =
cents pound for delivery In July. A
Western consumer took 100000 pounds on
I this basis Iobbers' lots thirty-day dellV-
CIV sold on basis OF less than 1913 cents
a pound The market continues dull with
consumers continuing their policy or pur-
chasing from hand 70 mouth.
=. l. DU POINT DE NEMoURs pow
! DER COMPANY.-A special meeting OF tne
7 T. l. du Pont dc Nemours Powder COM
pany directors has been called 20 approve
a resolution adopted by the executive com
nittee of the board authorizing an issue
of coz Coz 600 per cent cumulative non :
voting preferred stock 10 retire the present
per cent preferred stock, share for snare.