New-York tribune., 1907-11-14
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses sold 1000
shares in the local market There was practically
no buying. In London cOnsols were heavy and the
general market was inclined TO sell of Money was
easier ar per cent call. while discounts vers
paper was light. The 1ortnightly settlement pro
ceeded without pressure OF any kind The premium
on currency in the United States is causing anxiety
abroad, il Is felt gold viii continue 70 %
this side OF the ocean lonS as the active de-
mand for money prevails. Various guessss were
made YESTERDAY regarding, the probable showing cf
the Bank of England in its weekly return to-day.
and few OF them favored material improvement in
holdings.
CONSOLIDATED STOCK ENCHANGE-Ths
condition of the loan market on the Consolidatsd
terday Indicated a considerable short interest in
Pennsylvania, Amalgamated Copper. New York
Central and Union Pacific, and a fair sized long
interest in Reading, Brooklyn Rapid Transit and
st. Paul. Announcement was made the floor
of the exchange of the death OF Charles H Ber-
nard who was admitted to membership Feb
ruary Is. 1880.
THE SUGAR SITUATION.-Sugar MEETINGS last
week were So0 tons. the hrst drop from the aver
age Of several weeks OF 4lodo tons This has been
much more than the current demand Refners are
shipping the winter stock 10 the West before the
lake and rail navigation closes in order 10 securs
the advantage or the cheaper rates. These ship
meuts together with the Western beet crop. will
greatly limit the amount OF Eastern sugar
shipped west OF the AIIeShanies after about the
18th. The financial situation has led 20 decline
in the price OF raw sugar. even in the face OF a
slight advance in Europe 1t is stated in tie sugar
rehnaries TO secure gold To pay import duties.
NEW MANHATTAN RAILWAY DIRECTORS
Al the annual meeting OF the stockholders OF the
Manhattan Railway Company. held yesterday. John
+. Dillon and Z. T. Jenery were elected directors
10 FL vacancies The other retiring directors were
reelected At a subsequent meeting or the direc-
tors George j. Gould was elected president, Alfred
Skitt vice-president and J. w McWlhaUs secre-
tary and treasurer The executive committee for
the ensuing year consists OF r NJ Galloway, Alfred
Skitt. John T. Terry. Edwin Gould and 4 l. JET
fiery.
DIVIDENDS DECLARED-Divideuds have been
declared follows: National Biscuit regular quar-
tery, IL per cent on the common. payable Janu-
ary Is; New York. Honduras and Rosario Mining
Company. I per cent. payable November 80; Sloss-
Sheffield Steel and Iron Company regular quarterly
IL per cent, payable December :; Adams Express
regular semi-gnnual 81 a share. payable December
,: American Express regular quarterly IS slals o.
PAYABLE January =
SECURITIES IISTED-The following securities
have been added to the Stock Exchange list South,
Railway. Memphis Division. SS00.0o0 adcitionaI
first mortgage per cent coupon bonds cue Gu,i LSoi
making total listed So SSS, 600. S1964e0O addiiio.
first consolidated mortgage per cent oonos o.
l99i, making total listed 500 10000. or the SOUL
Railway; $t16,O00 additional first reIunuAus
and extension ffty-year per cent bonds OF 1900 ot
the Wabash Railroad Company and $SS3.00O adni-
tonal first consolidated mortgage per cent oont'
1852. making total listed S4S.524OOO OF the Az
Iantic Coast Line Railroad Company.
AMERICAN SMELLING AND KEFININa-1o9n
the curb yesterday a broker bid 1ls per cent 10, 20
next quarterly dividend the common stccS :.
the American Smelling and Refining Company. -
company has been paying per cent quarterly OD-
recently there has been talk of a reduction
PACIFIC COAST.-For every 100000 OF us
S1I.OOOOOO OF stock OF the Pacific Coast Comps-p,
the company received $S0OOO0 In the last nSes1
year. or 81 per cent the outstanding capiA4
stock. the gross receipts being $S.OSS0SS-
COTTON EXCHANGE SEATS DOWN--The CO.
ton Exchange membership OF the late Charles Me,
sick has been bought by f. F. Hutton for slI"V'
decline OF S.0O from the last preceding sale
RAILROAD ARNINGS.-Railroad earnings re
ceived for the trst week In November show lS- -
twelve companies total gains in gross or SS-i'u-'
and for siX companies total losses OF S224.04s.