New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-01-06
TOPICS OF THE STREET

FOREIGN TRADING.-Tradng for for
eign account vas so small as to be neghgi,
bic as q market factor. 4 few hundred
shares were dealt in on both sides Of the
account
BANKS GAIN CASH.-The reported
movements of currency this week indicate
slIO2OoW a large part of 1t coming from
the interior. The banks received from the
Interior S2l,095,0OO and shipped into the in
terror $lO,o5O,OC0, including S5S09,0O national
bank notes sent TO Washington for redemp-
Ton. The gain from the interior was SILL
0i5.oQ0. Receipts of new gold were 81, 2l0s99:
ON New York Assay Once checks, S129,Co0;
on Seattle Assay ONCE checks, $1,000, and
on San Francisco Mint checks, $4,000. Or
binary disbursements by the Sub-Treasury
were Sl7SO0,001, Payments by the banks 10
revenue, per cent redemption fund, etc,
amounted TO Sl2,4iS000, showing q gain on
Sub-Treasury operations proper of s., $4,000
Gold. coin 10 the amount of $4,000 was
withdrawn from the Sub-Treasury for ship
ment to Argentina. The total gain from
the interior by new gold and on Sub
sl7$o7.oo6. ped1ctins tRerefrom the loss by
sold exports, the net gain by the banks was
DIVIDENDS DECLARED Dividends
have been declared as follows: The Har-
bison Walker Refractorics. regular quar-
terly ~ per cent on the preferred, payable
January 90 and the Commonwealth Edison
Company. regular quarterly lss per cent,
PAYABLE February |.
UNION TRUSTS NEW SECRETARY.-
Henry VI. Popham, who has been assistant
secretary of the Union Trust Company
since 1909. has been promoted to be secre-
tary, succeeding John V. h. Thayer, who
has filled also the Office Of second vice
president. Mr.. Thayer will continue TO &C.
Cppy the position Of NiCe-president,
CANADIAN PACIFIC.-The Canadian
Pacific Railway Company has applied to
The Dominion Parliament for power 10 &C
quire the debenture and other stocks or
railway companies. the principal and in
terest of which the Canadian Pacific now
guarantees, in the same way that II can
now acquire mortgage bonds by the lssu-
ance Of 4 per cent consolidated debenture
stock.
BEET SUGAR COMMON DIVIDEND
The second quarterly dividend of IA per
cent on the common stock OF the American
Beet Sugar Company will be paid on Febru-
airy *. The money for the dividends cover
ing the second half of the year which be-
Gan last November has been set aside and
gust Is 10 stock Of record about three
weeks i'm advance Of each date
GRAIN EXPORTS FOR THE WEEK
"Bradstreets' reports the exports or gram
bushels, as follows: Wheat, -four INCLUDED;
2 oqt 6l1 against 2&5.550 last week and
. S9l4 in this week last year for the hscal
year TO date, 6.96l7oi. compared with 80 S5;-
ms So I'm the corresponding time In 1910.
corn, SO III coutrastcd with 1,2S,73S last
week and 2.294219 i'm this week a year ago;
for he HScdI year 10 ud''' I'''lUvo.'' Ie', ,n.n
q SIS $40 In the corresponding period IN 1910
This weeks figures do not include exports
from San Francisco
ELECTED TO COTTON EXCHANGE
Cyril Hatch. Bernard Hyman, Melvin Cur,
man and A. IsaaCs, Of New YORK ahu
Louis Brooks. of Augusta, Ca. have been
elected members of the New York Cotton
Exchange.
APPLICATIONS TO DISQUALIFICATION
has been made To the Stock Exchange 10
lIst S4O7 COO additional common stock OF the
General Chemical Company and stOoOp
Detroit Terminal and Tunnel hfty'year ~
nor cent mortgage bonds OF the Detrolt
River and Tunnel Company.