New-York tribune., 1912-03-02
TOPICS OF THE STREET

,r,cN TRADING.-Transact for
occount in the local stock market
foreis -. in volume The larger part OF
we're nlsS1nes was OH the selling side.
The puIs LOSE CASH.-Tne reported
bA-,-,s # currency this week indicate
ne'ein',, =, cash held by the banks Of about
. less largely due to the heavy Sub
S~'VOH, Iosses The banks received from
TfeasuILs, S14. lS2. 900 and shipped into the
the intste soO010, including 2.94i,W1O nation
inftIivk notes sent TO Washlhgton Ior re-
al pStsnn The gain from the inlc.lor Was
demnlspSG Receipts OF new goiu MerS 0ssI- g.,
:i.NsVV.. ,,,elv on New York Assay ONCE
sa,Ge 81 ~ Glo. on San Francisco Mint
olechs' ga 900. and on Seattle Assay
ehechs' go 90 Gold exports amounted 10
cheek 'o3n for Argentina Ordinary dls-
SN,W CV.s .s Lv the Sub-Treasury were $ll,-
hgrseh poVrepts by the banks 10 the SUB
slNs, - FOR customs. internal revenue,
frsasu; redemption fund, etc, amounted
PEI ~ "a Go showing n loss OF 20 oup- w -
70 os-csnerations proper Of SlV'i-z;VV VVy. inc
wy Vpesir from the interior ana by new
total counted TO 80, 81. 900. Deducting TINS
gold III loss on Sub-Treasury operauoils
from 'r and by sold exports, the net loss 10
~ hanks was Sl'%"'UV0'
%. mwoTEY OUTLOOK.-spencer Trask *
NJ y. their March bulletin say: I'm the
" .~,Ial world money continues easy ano'
nns" .Ass something unforeseen should de-
u', nro1nises 70 remain so for a conslu-
yepYp lime. We continue to add 70 our
eIssvii. abroad through our traqe pe!iaIIcSs,
credliSs; iSs;n,oents "ts Of gold and participatlons IN
our snlP ioans II is fortunate that we
iores5 have an outlet for our reuun,9dnl
shoulu shouoy and good. too. that we shoulu DC
curIen.' 'o,rnear in Europe as tree Iehutr
able 70 or rather than In the chronic posi-
q pe1tS st narrower At the same time, thc
ton " ~ true profit TO us VIII come Wheh
lest ass In this country again ndhSS He
tusl1sS for accommodation. ana speculation
,seor,es more active ~ "hell We cnnn1,,ic u1,,,ni
repaS..din i N Europe are clear. ana no other
hoIlIonS demands for money exist az
nuuu "and good, but if our own wants snouII
IS,s wei nsN Urgent Just at time when E9lope
eeeoI,s oIr,ins 10 add TO her hoard or golu, We
was u!itser have 10 face an unfaVorapis
nigns situation or else have cur ad-
excnansrrs srrsti,rned 10 US in the shape OF Sc
UnrTIyTnrNDs DECLARED. - Dividends
-. b4sn declared as follows: The Cheese
ugh Manufacturing Company, regular
..t-r,v s. and an extra 81. payable April
eu. .,. indiana Lighting Company, initial
- .onual l per cent, payable April l; the
ssil ss...T Porto Rico Sugar Company, resula.
sooot.tsriv . per cent on the pr.lSlIeu H'Io
rsr cent on the common, paEaole aPi - - -
-. . =
me aAssasstteriv aAss o. per cent and an extra =
VA ia nsr cent pavable March so; the Amer
9l OIL fBeet Sugar Company, resuiar qusi
..as !sai IL per cent or the preterred' peEaiulo
us usi I. the American Car ana fou!u,
ApflI Aprr !, regular quarterly 1s. per cent On
" IISssyfsrre6 and y Of l per cent on the
corn,nen, payable April !.
lyyxspTRATION CON SOIL D \ / L u
,ovns Subscription books for the SOW
Do -. ca,+ convertible bonds of the In
S.,.t;or Consolidated Copper Company
..,Sh vsre offered 10 the stockholders;
smnrrDartible into stock ar go SPARE, SiosIa
V,os,srday Preliminary reports Ls iiui0aao1 &c
,hst the entire Issue VIII oe 20 tbS bonds
oy ths sH n.sd to construct the company
WI v-drossd mill and for working, cepit1I: /
~ ~ 4 1890 that Inspiration VIII require no
n further S financing to place II upon p'0
dpcing basis .,,,.,o.,.oo+,s" re-
GRAIN EXPoRTs.-"lB3rraa9ssttretehua 9st tha week,
p9tsss pom oIa,rr,narisons. I,r figures in bushels as
w. NJ Wheat -four included, ,[os, [1sS, ~,
sgsinst ?,SS6,S93 last week aHu ei'Sv, c-car 70
this week last year; lor tre ,.,,b Sc 5ios 81 in
1Mate' M ~; tSeS7di enonding time in 1911 Corn.
ss Z, .Ss COTE LSsoSbPfTrasted with s52o2 last week
and ssl. 527 in this week a yea. sa. @9eoo,pst
ne fiscal year TO date, p eie,ooo' 5oii
/ s73 7si in the corresponding ulile III 80 +,.,,
GQLD D,,,, Ef :SiS s+.$75.o6j gold coin TO the
Ssah Ss;,d- W. W. to-5sv and on March 20 Y VIII
Agf?6S ens 5 5GaS more to Bgenos AyTes EsiSs isdS G
,seh 'seS Ickeheimer & Go, will send SiogY ,otsY
. tie same point t96ay ma pakieg eeuntry S9' to
nCr ss',.a lrSsrica since January Of upwaro
Y e. dh1 0S In the same time SSWo'VVo mas
,isn taken for Paris account.
=. TYpoBTs ~ OF CoPPER--EXports OF
,opper re1 for the week ended Fer te3rY9ary 9e the
se,t selS ''of0 81 :! aS tons. compared with H'ss-
oSs i.g'i in the same tine last year.
sysNscTFD a DIRECTOR William Eel,
oa.ss ~. Norgan has been added 10 the eoaru
4 SireetoTs OF the Citizens Cenual Ma
ienal Bank.