New-York tribune., 1912-04-16
TOPICS OF THE STREET.

FOREIGN TRADING.-Transact for
foreign account in the local stock marhe
Amounted to upward OF 5000 shares, al
sales with the exception of the purchases
of a few shares of international Mercanuie
Marine preferred
COPPER MARKET-The last three days
have been marked by heavy sales or cop
per, one of the largest selling agencies re-
porting approximately 5000 tons, or more
than 100000 pounds, at from 10 to los
cents pound, electroiytc nir tnlrty farsS H%s :
with the bulk of sales for that deHyery.
Phelps Dodge and the American smeitlng
and Refining Company are pracucaIly a, oa
OF the market for nearby delivery, ana sPO,,
copper is scarce. Effects of the setuemeh,
of the British coal strike are being renected
in the demand for copper from apr aoroad, "a Ite Inc
largest seller OF castings Is gettlhs 10 0e'4'a
a pound for that brand.
THE COAL TRADE.-The thirty,hi
annual edition of The Coal Trade
has just been issued ed,to bs PbellSc9sdi cosi
Trade Journal" The edition, reveals
the interesting fact that the coal tonnage
Of the United States has now approached
within short distance OF the halI- piiliTt1 !ryd
mark, while the coal tonnage or the worId
at large is no less than Dillon ana
quarter. A million tons has become COM
paratively small unit in the coal trace ana
at the present rate or progress DliIlohS' ,r
instead of millions, doubtless will be IN
common use before long III the RECORDS OF
the trade
STEEL ORDERS.-The Canadian Car ana
Foundry Company has bought oo00 IONS
of plates and shapes for car manufactur, /,
ing. The Canadian Pacific has, increased
It's car order 10 1900 cars large part
Of which will go to American manutacdj
turers. The Hartman lines nave increass'u
their present rail orders to 5000 tons, dl-
vided between the Tennessee Coal ana Iron
and Colorado Fuel and Iron.
GOLD EXPORTS. - Gold coin TO the
amount of $3.50, 900 was withdrawn Yesterday
ha Gnh h
CITY Bank for shipment TO south AmerlcS
today. The Anglo-South American BANK
will send a like amount To- Buenos pos AyFeS ~
&os75. 90 gold has been taken for export.
81 which SS975,000 has been for the account
of South America and sl2,co0OO for Paris
SECURITIES LISTED; = The following flowing
securities have been added 10 ic,,itu%a1 Jle HtUg1
CbenicaI COMPANY. S. 119 900 additional pre-
ferred stock, and $1,000, 900 collateral trust .
per cent sinking fund bonds OF the Chlcdso
City & Connecting Railway.
The Chicago, Indianapolis Loulsvliie
Railway Company has sold S,5?9oO OF iIs
refunding new first mortgage per Isas Uem'
bonds, series "B," to local banking houses'
REFINED SUGAR LOWER.-The Fed,
erai Sugar Refining, Company has red4ceq
its price on refined sugar 10 points TO .
cents a pound. Arbuckle Brothers nave re-
duced their price. 10 points 70 o,%. Nrinae win1e
10 6.iO cents a pound. less ? per cent 1or
cash.
DIVIDENDS DECLARED. - Dividends
have been declared as follows: Inc Sears
Roebuck Company regular quarterly -
per cent on the preferred, payable May To-
The L. A. Clark Company, OF pittsburgh
regular semi-annual 3ls per cent; The Re
public Bank Note Company, OF Pittsourgh'
Initial 2 per cent.
JAPANESE LOAN REDEMPTION::om-ITMhe he
japanese government has purchased t tZy2To fsDV
snese loan placed in London and New
York and also f26oGoO OF the seeSnd S aesn sHTieS
placed in London. New YORK ana berhh'
BANK OF NEW YORK,-The directors
of the Bank Of New York. National Bank
ers' Association. have appointed Joseph An
drews, formerly an assistant cashler' ',,a as
cashier. and Harvey f. Whitney and VIII
liam Reid as assistant cashiers. George r.
Hall has resigned as assistant cashier aiter
fortv-one years Of service with the BANK
MONEY FOR NEW ORLEANS. -, - The he
b-Treasury transferred yesterday SUOoy
10 New Orleans for the account or local
banks.