New-York tribune., 1912-01-31
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses
bought upward of 1000 shares in the local
stock market. Amalgamated Copper. Read
ing and the Hill stocks supplying the bulk
Of the business
COPPER PRICES.-Outside of small
speculative lots of electrolytic copper which
are offered from lii2C down TO liC cash,
New York, the market is nominally l4l.c,
with no buying worthy OF the name. one
large agency, which quotes steadfastly 1i12c
! here, is reported TO have offered the metal
abroad on an equivalent of l3'sc cash. New
York. or approximately &c, thirty days.
EMPIRE STATE SURETY ELECTION
At the annual meeting of the stockholders
or the Empire State Surety Company yes
elected w. \. Simonson, Anton G.. Ho-
denpyl, j. Horace Harding. James G. Bishop
w. +. Albertsen. David ". Armstrong, Jr,
Joel Rathbone and William NJ. TOmlirs, jr
Mir. Tomlins is the only member of the old
board whose service as director was con-
tirued, the other directors representing the
new interests which recently secured con-
troll of the company, The newly elected
board Will meet on February q 10 organize,
when David W. Armstrong, il, Will be
elected president.
CURB LISTINGS. The Baldwin Locomo-
tive Works $2OO0OO00 common stock, par
value $780, has been listed on the New York
curb. Silver King Consolidated Mining
Company, of Utah, 100000 shares Of capital
stock has also been listed outside par value
81, Of which Gi3, $50 shares are outstanding.
i ne company mas a bOuucu lilucbttuiltf''
amounting to 100000 authorized, of which
S3 900 have been retired. The companyE
| financial statement shows income OF Sbi,bjO
SELIGMANS SECURE RIO BONDS
Seligman Brothers, OF London, have con
! tracted for the purchase of E2JO0,COO Rio de
.Ianeiro forty-year AZ per cent gold bonds
1t is likely that a public issue will shortly
be made in London by Sellgman Brothers
ard by their representatives In Amsterdam
I Holland. 1t Is not probable that any puDllc
issue viii be made here by j. a w SeiiS-
man & Co, who are interested In the loan.
EASTERN STEAMSHIP COMPANY
For its fiscal year ended December 81 last
the Eastern Steamship Company earned
slightly less than II per cent on its SUO,UO
stock, more than 30 per cent OF winch mas
now been turned in for conversion INTO
securities OF the Eastern Steamship Cor
pOration This compares with share proltS
of something over 81 per cent for the 1910
year, substantial gain in spite of a poor
Maine vacation season.
SWISS BANKVEREIN TO OPEN NEW
IBRANCH-The Swiss Bankvcrcm of Lon
don announces that for the convenience OF
holders of letters Of credit, tourists and the
travelling public generally II Will open on
February / a West End branch at No. IL
Regent street. Waterloo Place, LONDON
S. w.
CLEARING HOUSE BUILDING AS.
SOCIATION.-At the annual meeting OF
the Clearing House Building Association
the following directors were elected for the
current year. William A. Nash, stephen
Baker Richard Dclahod. Alexander Gilbert
and Edward Townsend. William j. Gilpii
and ". A. Smith were elected inspectors or
election.
LEAD PRICES REDUCED.-The Amcri-
can Smelling and Refining Company has
reduced prices of lead from Alo cents 10
i2j cents a pound.