New-York tribune., 1907-12-18
TOPICS OF THE STREET

FOREIGN TRADING-Foreign bor..-
80 sIiare rs IN the local market. all purcbsSs'
i,o t.onuon tne general market. outside Of Ara.h
ISSUES, was depressed and quotably lower aiericas
losing 3-l6- Arbitrage houses probabl, sonsos
sPohSiole for the early advance in our Ssc,.I rs
s.- lohuoh- oasing their operations on the zols
condition of the market. Money vas oa out
demand. and indications pointed toward .. ~ strong
the loan market In the rest OF the ae'Nlty "a
now appears little probability of a reducti tnsrs
Sank of England's minimum rate of discora. a III.
morrow. 'Scount To-
DIVIDENDS DECLARED-Di,-iden6sr
declared as follows: Boston Wharf Connano gee,
annual per cent, payable December ~ SEMI
Railway and Light Company regular ..I.-ir
per cent on the preferred. payable Jar,V "
Tecumseh Mills regular quarterly IT, nor aa.s ,
an extra 31s per cent. payable January I Ma aof
Mines Company regular quarterly per csnt sts'sslns
aole January r. Union Switch and Si-n1, pay
pany regular quarterly , per cent on tbs .eor eor
and preferred, payable January TO- Knovr,I, ,,noa
way and Light Company regular quarterly T,t t1'E
cent on the preferred and 1 per cent on +b e per
mon, payable December 81 Little Po.t =. TON
and Railway regular semi-snnuaI ner cs oscu'c
the preferred and per cent on the cor,,,o ."' On
able December 81 Maryland Electric e., pay
semi-anaual per cent. payable Janua--, van
duction Of per cent from six months svo re-
tral trust Company regular quarterly Il ns- - sn-
PaEaoie January Empire Trust Company ~ -.
ular seni-ennual per cent. PAYABLE La. IeE
International Nickel Company regular ors-.ey
per cent on the preferred. payable Febrna-sl !,
Mahonlns Coal regular semi-annusI per cav;
Iia-a
terly 119 per cent on the preferred nav.b,qGF qGsF
cember Oh Standard Trust Company reguIa- - -
annual per cent, payable December a n- mi
PRODUCTS regular quarterly per cent On e., NVra
ferred, payable January 10. Market and FJ,I,ao m'-
tIonal Bank regular quarterly "a per cent nar. ~
January = - paSaos
NEW YORK AIR BRAKE--Ths 5lrectors
NeF York Air Brake COMPANY viii r,o.4 ol ,ns
for dividend action and it is reported tbs .oday
a radical reduction, and possibly 2 slsns,.f ~ os
payments The stock broke 10si points yesfs-.
TO 4114. which compares with a high price fo s
year OF l+ll7 and a high record for 1905 M 1s9,,
the time of the so-caIled Flower boon, N soIS AZ
zoo The company has outstanding IS 012 saa go,
on which IL has been paving per cent = ~
'he iast eight years The company. IL is sai5
owing TO money market conditions has had 80 80
difficulty IN making collections and as a go
ouence has not the usual amount Of fr76. - ~ I%
for dividend disbursements.
NIPISSING7S GOOD SIOVING-At III. -,...--
Of directors OF the NipissIns Mines Cor,,.- .a
following approximate statement OF cash ard -
assets as OF December Is was presented. C,xs.s
banks. s328,5eo; refined silver on hand sss Ana.
counts receivable, s113,5o0 ready FOR s5ipm.-,
on route and at reneres, S34S 000: total sSso oaa
From this amount must be deducted sf8o ana -.
essary 70 paw the dividend Of per cent sscs,.,
leaving a balance Of Ssse 0oa. II Is said bovs-.-
that between now and the time the dividend
payable the company will have received sIncr
enough 10 pay the dividend. thus leaving the to.l
of ssso.Oo0 practically intact.
LONDON STOCK EXCHANGE LISTINCs
The London Stock Exchange has ordered n !,
quoted in the official list United States Steel ro
poraton, Limited. $4,000 0G0 additional 1850 vs,,
per cent sinking fund gold bonds OF 1913-s3 s-a
Buenos Ayres q Pacific Railway Company, Lin.
tied. scrip partly paid, for f1.OO0.1o0 Al per ct
consolidated debenrure stock
UTAH CONSOLIDATED CUTS DIVIDEND
The directors Of the Utah Consolidated Mining Cor
pany have declared quarterly dividend OF Soc
share. a reduction Of soc from the last p-scsdirs
quarter This makes 50 so for the year IN. "a
ductiou was due 20 the unsettled condition Of n.
copper market. This COMPANY is controlled ey n.
forests identified with the ArnaIgau1ated Cecrsr
Company
BOND INTEREST AETICIPATED-The 9,
Louis. Rocky Mountain & Pacific Company. ope-zr.
ing the St Louis. Rocky Mountain & Pacific Rail
way and extensive coal and coke plants in Neg
Mexico. will anticipate payment OF the interest du
January 2 next on the counpany's S7,0G9.0o0 fra
rnortgaEe bonds Interest Will BE- paid and ars
December 20 az the Office OF Fisk & Robinson. Ne.
York
CENTURY FANKS NEW VICE-PREsIDENT
At q meeting Of r-e Century Bank directors, red
yesterday. Henry Dimse. VINO recently retired Is
vice-president OF the former Institution
SAVINGS BANK INTEREST-Ths Boverv sa-.
f1gs Bank. the Maiden Lane Savings Bank and IS
North River Savings Bank have declared iutsrs.
at the rate OF per cent year.
STRICKEN FROM The IIST-Ths capital srs
Of the Union Elevated Railroad, Of Chicago. Ia,
SCR-TREASCRY TRANSFERS subIrsss
ury transferred yesterday for local banks rNa
70 New Orleans.