New-York tribune., 1907-09-18
TOPICS OF THE STREET.

FOREIGN TFtADING.-Transactions FOR ,or.,y,
account in this market were chiefly on the ~
chasing side. about 5000 shares being boug+,
principally of9United States Steel The Londor
market dull. except for American ztoctr.
which advanced and closed firm at the hfghest :;
the day. Prices the Paris Bourse were ar,,
and in Berlin declining
DIVIDENDS DECLARED.-The directors =, 49,.
International Nickel Company have declared IN.
regular quarterly dividend Of 1iz per cent on the
preferred stock payable on November l. The a.
rectors of the Central Railroad of New Jersey ba-.
declared the regular quarterly dividend Of ns-
cent, payable November L. The directors -
the American Locomotive Company have decars5
the regular quarterly dividends Of Ia per cent o.
the preferred. payable on October q, and IL nov
cent the common stock payable on Nover,hsr
IS The directors Of the Corn Products Company
have declared regular quarterly dividend o. :
per cent on the preferred stock payable on October
10 IHe directors OF tne American Agricultural
Chemical Company have declared the regular ser,i
annual dividend OF per cent on the prsfa--s5
stock. payable on October I. The directors ~ ~.
Minneapolis. St. Paul & Sault Ste Marie Railway
Company have declared the regular serni-ennusI
dividends of 3z per cent the preferred stock ana
per cent the common. The directors OF the
Trust Company Of America have declared the reg-1-
lar quarterly dividend Of per cent and an extra
dividend of per cent. both payable On October l.
The directors of the National Bank OF CoTnne-cs
have declared the regular quarterly dividend Of ?
per cent. payable on October L The directors Of
the American Telephone and Telegraph Company
per cent, payable October Is The regular quar-
terly dividend of per cent has been declared on
the stock of the Bankers Trust Company, payabls
on October l. The regular quarterly dividend Of N
per cent has been declared the preferred stock
of Tefft- Weller & Co. payable on October Z
PIG IRON CERTIFICATES-Pig Iron certia-
Gates at the New York Produce Exchangs
firm. and SOC higher all around. There were no
sales. Prices for standard and foundry follow:
Cash and September. sT7 so bid; October. Novenn-
ber and December S1sqS2O; January, 80 asked
FOR BANKERS ASSOCIATION SECRETARY
SHIP.-Four candidates in the field for the sec-
retaryship Of the American Bankers' Association
the election for which Office viii take place at the
annual convention Of the association next week
They are James r. Branch, Of this city, who for
the last twelve years has filed the office Frederick
Farnsworth, Of Michigan: w. r. Keyser. Of Mis-
souri,. and T C. kaufman. OF Washington all
three Of whom are now secretaries OF the assocfa-
tions in their respective states
COTTON EXCHANGE SEATS SOLD-Ths Coz
ton Exchange memberships OF R. A Smytha and
&. W. Shepard have been sold at $4,000 each the
former to r. Siedenburg and the latter 70 A
Lehman
THE NEW UNION PACIFIC 4S-The new issu.
Of SO 10000 Of Union Pacific convertible per cent
gold bonds is analyZed and explained in a circular
& Co. of the New York Stock Exchaugs. Az
these bonds are debeutures. the circular presents
a statement Of the financial stability Of the Union
Pacific system and throws light on it's farreachins
influence in other systems through stock owner
ship. The crc A. shows that the securities IN
lines held by d1e Union Pacific reach the vast
total Of S2f3 go. GO in book value. with market
value OF very much more From operation tls
Union Pacific earned $50 33S. .9e8 net for the fiscal
year ended June 30. 1901. and received addi-
tional su00o go in dividends from IFS stock hold
tngs