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TOPICS OF THE STREET FOREIGN TRADING.-Foreign houses dealt in shares in the local market, buying on bal$0,000 In the London market American stocks ance. irregular, with a heavy tendency in the afterwere operations, while in the general list prices noon steady. without important change. Call easy at the firm. Continental money counts were were was British discounts capital, further also strength. and were diswith indications pointing to firm, money conditions promise to develop rates as a consequence for GROSS higher London demand RAIEROAD gold. EARNINGS. of the for Continental the Aggregate fourth of twenty-five roads gross were $13,256,059. as for the same week of the fourth week 860,444 week $12,667,631 in earnings during August July, of compared 1909, August, fourth and week with 1908. $11.Further comparison is made with the 1907. during which time the total rewas $13,853,987. or only same week of the year. of ported August, for the about present $600,000 more The of than for the month was $40,368,248, an increase total over the figures for July, this year, and cent more than the total for aggregate for August, was a 10.8 year. $2,966,000 per The 1907, August for little last the $230,000 in excess of similar figures corresponding over month of the current year. Furtherthe exception of October, is the highest since aggregate more, with the panic 1908, of August's 1907. DIVIDENDS DECLARED.-Dividends have been declared as follows: Central Railroad of New quarterly 2 per cent. 15: Trust Company of America per ember Jersey regular Telephone payable 21/2 and Nov- Tele- cent, payable October 21; American graph regular quarterly 2 per cent: Title Guarantee Trust Company 5 per cent, payable September Products Refining Company 1 cent on the preferred, 30: and terly Corn per payable regular October quar- semi11; American Agricultural Chemical regular annual 3 per cent on the preferred, payable-OctoNational Bank of Commerce 2 cent. payable October 1: terly her 15: per Manning, regular quar- Max- paywell & Moore regular quarterly 1 1/2 per cent, able October 1. and E. W. Bliss & Co., regular quarterly 2 per cent on the preferred and 2 1/2 per cent on the common, payable September 25. STEEL PRICES ADVANCED.-Prices for all classes of steel and iron continue to advance. A sale of 500 tons of low phosphorous iron was made by an Eastern mill at $17 a ton. Since then the price has been advanced to $18 a ton. Sales of billets were made by the same mill at $28 a ton. Several of the independent companies are selling steel bars for immediate delivery at $1.50 for 100 pounds. The base price of certain independents is now $1.45 for 100 pounds. Premiums ranging from $1 to $2 a ton are being paid for shapes and plates for immediate delivery. THE COPPER MARKET. Producers and selling agencies report a better demand for the metal from domestic consumers. Sales have not reached large proportions as yet, but consumers are taking more interest in the market. While copper is quoted as low as 13c a pound. the United Metals Selling Company is making fairly large sales on a basis of 13% a pound. This is taken as an indication that very little business is doing below 131/c EXTRA NICKEL DIVIDENDThe directors of the International Nickel Company have declared the regular quarterly dividend of 1 per cent on the common and an extra dividend of 1/6 of 1 per cent. They also have declared the regular quarterly dividend of 14 per cent on the preferred CORN PRODUCTS DIRECTORS The directors of the Corn Products Refining Company have elected George M. Moffett and Frederick Fisher to the board of directors in place of the late F. Q. Barstow and Joy Morton resigned NEW YORK MORTGAGE AND SECURITY COMPANY DIVIDEND INCREASED.-The New York Mortgage and Security Company has declared a quarterly dividend of 3 per cent. payable October 1. This raises the rate from 10 to 12 per cent a year COTTON EXCHANGE SEAT SOLD.-The Cotton Exchange membership of the late Thomas J. Brophy has been sold to Edward M. Weld for $16,500. This is an advance of $1,500 over the last preceding sale. LAFAYETTE TRUST IDISTRIBUTION-Announcement is made by the receiver of the Lafayette Trust Company, of Brooklyn, of a payment of 20 per cent to depositors on October 1. This will be the second payment. PETITION TO CLOSE STOCK EXCHANGE.The members of the Stock Exchange have petitioned the board of governors to close the exchange on Saturday next
