New-York tribune., 1912-03-23
TOPICS OF THE STREET.

FOREIGN TRADING.--Foreign houses
dealt in upward Of 10000 shares in the Local
stock market, selling about 10000 shares on
balance.
BANKS LOSE CASH-The reported
movements Of currency this week indicate
loss in cash held by ire banks or some
thing over So, 00O, due to the heavy dfaln
to the Sub-Treasury and the gold exports
The banks received from the interior sIi'-
476,O00 and shipped into the interior S6,Sn,-
600, including s2,977.000 national bank notes
sent to Washington for redemption. Inc
gain from the interior was A,5O5co. Re
ceipts of new gold were sl,3i00W, namely,
en- New York Assay Office checks: 81; Vo',Vv
on San Francisco Mint checks sZ1l,0o ana
exports amounted to s1,e50OD gold coin 10
Argentina Ordinary disbursements by the
Sub-Treasury were 81, 3SI.co Payinen's n 10y uy
the banks to the Sub-Treasury FOR GUS
toms internal revenue, 5 per cent redemp-
ton fund, etc. amounted 20 Slo.549,OoO SHOW
ing a loss on Sub-Treasury operations
proper Of s7562,cco The total gan from n1 me Ime
ducting this from the loss on Sub-Ireasury
onerations proper and gold exports, the net
loss by the banks was sS.367,Oo.
DIVIDENDS DECLARED. - DIVIDENDS
have been declared as Follows: me or- vur-
! terly 1s per cent on the preferred, pay
able April 20: the General tlreproonns
! Company, regular quarterly q per cent
| on the preferred, payable April ]; the
New York Mortgage Bond and Security
Com Companvi regular quarterly 3 per cent,
| PAYABLE April / the city Investing com
pany, regular quarterly l z per cent g, on
| the preferred, payable April /; the Phila-
delphia Company, regular quarterly p
| per cent on the common, payable May :;
! the Union Typewriter Company, regular
semi-annual 3h per cent on the mrs, pre- re-
ferred and per cent on the second pre- pre-
| ferrod, payable April /: the virginia fai,
way and Power Company, per cent on the
comuon stock. payable, April ~, ~. ana M tne
Long Island Loan and Irus, nr;i SI"pa"''
quarterly per cent, payable Aprll l.
ELECTED TO PRODUCE EXCHANGE.
| Claus NordenhoIt, w. A. Burns, Henry
| Feuerriegel, Robert +. Hand budwlg hup,
| precht. Sadataka Teshima and Raymond
| Banta have been elected members ol the
| New York Produce Exchange
| AMERICAN ZINC. LEAD AND SMELT-
| ING The directors OF the American zinc,
| Lead and Smelling Company have voteo
! to recommend TO stockholders an increase
| in the capital stock from 16o'ooo shares 10
| 900 900 shares.
GRAIN EXPORTS FOR THE WEEK.
| "Bradstreet's" reports the exports OF
grain for the week. with comparisons, nS
ures in bushels as follows: Wmeat; 1ou,
included 3,O69,074, against 2,53Z.oao las.
week and 2,325.517 In this week last year;
| for the fiscal year 70 date 11S,73s,6S2, com
pared with SS,970.s26 in the corresponding
| time I'm 1911 Corn 3O9,7S4, contrss'e1u T.,
| this week a year ago; for the fiscal year
TO date 3O,26S,162, against 37692,6oO In
| the corresponding time in 1911.
| COTTON EXCHANGE EXTRA HOLi-
! DAYS-The members OF the New YORK
| Cotton Exchange have voted to close the
| exchange on Good Friday and the follow
! ing day.
CORN PRODUCTS DIVIDENDS.--The
! directors OF the Corn Products refining
/ Company yesterday declared a diVldend OF
| 9 per cent on the preferred stock, payaoie
! April rs This brings the total DIVIDENDS
| for the fiscal year up TO per cent. Inc
directors voted to declare quarterly diV,..
dends Of IA per cent In the future /,
warranted BY the earnings. Hitherto !
per cent has been paid for each of the
| first three quarters and per cent for the
! last quarter.
COPPER EXPORTS Exports OF cop
! per for the week ended March Il were
1877 tons, making from March ! total
| OF 19,067 tons, compared with 1913 tons
| in the same time year ago.