New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1911-05-01
WEEKLY TABLE OF BONDS.
TOPICS OF THE STREET.

er's copper letter says. Copper II Sl'ohso'
and much more active. Lake rs l2'e 10 Is
cents and electrolytic il l2'. to l24s cehS
mound Sales 81 clectrolytic were mao"
u.oelx ago al about 1915 cents 1t seems that
= great MANY consumers have been waiting
IN buv copper ar around - cents ana "heH
thev found that only a little coulh nc oo'
tanned al from 10. to IL, 1t caused them
considerable anxiety and started them y"
a hunt for cheap copper. Prices quickly
advanced on this demand 10 US cents "
which price the Amalgamated agency
finally reduced its offer and very large
sales have been made. The real reason TOT
the stronger tone OF the metal marker -
found IN the attitude Of the AinalgaH'ateu
interests For many months past tilS CoI ~
pany's agency. which markets 5Jo",lWV
pounds or more annually has refused 10
sell any eectroytic at lower price tnalI
1910 cents Meanwhile other producing anu
selling interests have been supplying tIe
current demand at from l2"s down 10 rs
cents. Consumers have bought Only LII"
hand to mouth expecting further decline.
II finally developed. however, that WIN,
the amount Amalgamated produces ana
controls withheld from the Market t.tsI.
was not sufficient coming from otIs
sources 10 supply the current demand.
When the crisis was reached the Ainaiga.,
mated producers met the consumers half
wav. reduced their price to 1924 cents ana
made very large sales OF copper.
ALLEGHENY COAL co. BOND lSSCE
a meeting of the stockholders or the Al
legheny Coal Company. of Pittsnurg' has
been called for May 10 authorize an ISSUE
OF $4,000 mortgage bonds. ProVlslon WI
he made for the retirement ana cancela-
ton Of all bonds nov Outstanding VI neL
totore authorized so that the entire oondep
debt viii be included IN tho $4,000"
BANK CLEARINGS The tots bank
clearings for the United States for me
weed ended April %. 1911 tone day day esu
mated according Tar9 ! f. sssnst
s.. a57. SSsioa a week ago, and S,l5l.l29oIs for
the week ended April 3" 1910. compared
with last year the total bank cIearlpgs na -.
decreased 1913 per cent New York ny
shows decrease of l4s per cent, Boston
of 2 per cent. and Philadelphia Of is per
cent, while Baltimore reports an lnc5eass
Of is; per cent and -. Louis OF - per
cent.
NEW MEMBER OF SOUTHERN IRON
AND STEFL COMMITTEES. II. Noor'
bees OF the ROYAL Bank Of Canada has
been added TO the bondhoders coInmltee
OF the Southern Iron and steel Coinpahy.'
Of which Edwin @. Merrill "a Chairman II
Is understood that the Union Trust COM
panv which Is the depository under me
bondholders' agreement, has recently re-
ceived deposits Of large blocks OF the
bonds.
IMPORTS AND EXPORTS OF IRON
AND STEEL,-lmports OF iron and -tee',
not including chromate 81 IRON ana u, or 70
during March 1911. amounted TO E;".,.l'
against 81 07q 163 I'm March, 1910; and I'D
30 No for the nine months ended March.
IqII COMPARED with ,2S 323 for same
,erlod In 1910 and sl5,579,3t1 IN 1879. Total
exports Of iron and steel ~. n96 o,c ihotuJs
slT.o5s. J08 I'm March 1910 64.<i9 for nine
months ended March leil compared with
Sos. 40 $50 for same period in 1910 and sIS-
1881 in 1890
EXPORTS AND IMPORTS or COPPER
Advance sheets from monthly summary
If commerce and finance OF the Depart
meut of Commerce and LABOR slNe tvtdl
exports Of copper. not including orc ,s Tor s?.,
March 1911. as sI621.07h, against Sse,e-s
lin March. 1910. s,6.a45.5$S for niue months
ended March. 1911, compared WIN e9Si.S%
for sam, period In 1910 and Es.Sl2,55S In 100"
imports of copper. not including ore matte ma re
against s253a5i2 during March, 1910, ~
itSISi for nine months ended March. 1911.
compared with s2265J.02s for same period
I'm 1910 and s2l,1l6.ol2 In 1902.
CHESAPEAKE 81 OHIO BOND lseuE
RATiFJED.-At a special meeting Of stock
holders of tho Chesapeake e. Ohio Railroad,
tho proposal 10 authorize a mortgase cover
ing sl25.0C0,Go Of twenty years per cent
bonds was ratified II is expected that no
more than enough Of the bonds 10 secure
The 100000 notes just sold will DO issued
at tits time.
GOLD TAKEN FOR CANADA REDE-
POSTTED.-One of the banks which with
drew $1,000 gold coin on Friday for ship
inent 10 Canada has redeposted the gold
with the Sub-Treasury, on notification by
it's head Office I'm Canada that the money
would not be needed. The total amount OF
gold shipped TO Canada on this movement
therefore. was & $4,000
CLEVELAND & PITTSBURG DIVI-
DENpS.-The regular quarterly dividends
of 70. per cent on the guaranteed and ! per
cent on the special guaranteed stock of the
Cleveland 4 Pittsburg Railroad Company
are payable on juno ! TO stock Of record
MAY 10
LARGE STEEL RAIL ORDER.-The
Canadian Northern Railway Company has
placed orders with the Dominion Steel Coz
poration and the 500 Company FOR 10000
tons of rails the order rcprescntinS
value Of $4,000. The orders call for de.
liveries Of At least 1900 tons a month and
complete delivery before the close Of navi-
CATION.
STEEL RAIL ORDERS.-The Seaboard
Air Line has placed an order for loco tons
OF rails. Rock Island 1000 tons and Duluth,
South Shore 100 tons making total OF
fu0r0