New-York tribune., 1907-12-17
TOPICS OF THE STREET

FOREIGN TRADING-Fcreizn ho..-
i'ooo shares in The local market an n,,ras asat II
az a.. ronnoh , cohSo's were heavy and foreign - "
dS riIie. were lower The conner Go" oonds.
ana the general market was inactjvs a. id uid 81
changes Money was in fairly good 5s maj
discounts were off q Bar gold advance, = out
a result of the American demand ro- ~ Asd az
New York secured the South African voI, metal
able IN the open market Paris exchane. - avai-
uoh oeeilned =. centimes and Berlin -xcb,ro oDn- %
was weak The British Treasury issue 80 - - also
0oo bills was sold a slight Yractio, . s].os1.-
discount. "hoer 81
DIVIDENDS NEUTRALITY-SUSPICIOUS..
declared as Follows: Manning. MaxreIJ ana yon o.en
regular quarterly i1s per cent pavsbIa 'ioers
81; Cincinnati Tobacco Warehouse Co,asc Dscerns.r
cent payable January 10: Union Exchsnys PR
regular SeTni-annual per cent. payable Janu,-r. :.
Mutual Bank regular semi-annuaI nor r.s :,
able January 2; Beech Greek Railroad r.,,I' paS-
tcriy ] per cent, payable January o rsn4as'- 4as'-
Mining Company regular quarterly ~ n.r 80 ..@.
and an extra 20 psr cent. psv.bIs r,reens eens
American Woollen Company regular o,ar..- :
per cent on the preferred. PAYABLE Jsn1r,-,s. -
1arvin Machlne Company regular semi-annuaI ~
per cert on the preferred. PAYABLE JantIsrI . %
COPPER STOCES-Tbe weakness or ~,
stocks was due largely to prospective re5,,c.,
In The dividends of certain copper oomnsni.. -
meetings t0 be held in the near future Tn.
Consolidated meeting is scheduled for this - ST
the Anaconda Copper meeting next wsek ara "a
Boston & Montana and ANA gsn7a ted r7ee+i,zu.u- ~
month Sales Of copper continue small and pr,-
ducticn Is running in excess Of consumption w..
wfthStsndinE the drastic curtaIu1rDt ~ 60.
made by certain corporations A leading n-,5,,
quotes electrOiytic at t3l3c pound and n - ,o,
sbIe to secure the metal a shade below tbis e.,
The Boston & Montana is now producin- -.
thirds Of it's normal output II viii +. so,.
time before its production is up 10 1000 ooa poyns
q month
1t is Understood that for the year about IN c1,n.
the earnings of the American Sugar RsSrir.
Company will be larger than II any year in ~.
history of the company The profits in IN. hsa.
will last
at least 25 per cent last year he company sa-.5
upward OF IS per cent on the common stock stt.-
per cent on the preferred. The stock is nov
selling at it's lowest figures IN years.
sUB-TREAsURY TRANSFERS.-The Sub-Trsss.
ury transferred yesterday for local banks 81 s5ra
of which S100HoHo went to Chicago. s2aoc9 to Ne.
Orleans. 5000 TO Denver and $50 to San Fran.
cisco
savings banks have declared dividends rhe rate
of 4 per cent year: The Greenwich Sa-rss
Bank, the Union Dlms Savings Institution. n.
Seauen's Bank for savings. the Bank for Savings
the Irving Savings Institution the Brooklyn SAY.
inzs Bank the Metropolitan Savinss Bark and ii.
Excelsior Savings Bank
APPLICATION TO LIsT-Aprlication has b.-
made n rhe Stock Exchange % list sf45 60 con-
vertjbIe 1025-vear per cent bonds due 1882 OF the
Norfolk & Western Railway Company; o.3sm
additional general consolidated and first uortgass
) per cent bonds. due 1897, OF the Chicago & East
ern Illinois Railroad Company. and s1,9ee."o add
| .ional general mortgage retunding per c.rt
ponds. fue 1853 of the Terminal Railroad Asscca-
tion Of St Louis
TENNESSEE COAL. AND TEoN--Ths und--
writer's Of the q 00a common stock issue u
/ the Tennessee Coal. Iron and Railroad COMPANY
made their second payment Of p per cent yestsr-
day. making % per cent 80 far turned n Ine n.I
/ payuent will be made February Il, the fourth
I on April l. and the last or June L This stock
! will be exchanged for the sinking fund . per cert
| bonds of the United states Steel Corporation
| COIN IMPORT ENCAGEyENT.-Lazari Fre-s
l -n1 Iona zO
/ making their enga genleutS on the present move
mont s27 2l5 90 The Guaranty Trust Company Of
/ Nev Work has engaged 10000 in gold for import
/ New York bankers secured The entire ttSoo sof
u-bfch reached Londou from South Africa yes-sr-
/ dav morning. Total gold engagements to dats.
/ slo0. $1,000
/ NEW DIRECTORS FOR THOMPSON-STAR
I PITT CONPANY.-At the annual meeting Of the
/ stockholders OF the Thompson-Stsrretr Company,
/ held Yesterday ". 4 Stsrratt was elected d.
/ rector in place of Edgar l. Narsden resigned
only routine business transacted at the meet
| ing The board will meet IN January for organ
| ization.
| COTTON EXCHANGE MEMBERS WANT E1-
| IRA HOLIDAYS.-Ths members % the Cottcn
Evcbsnro are siruin~- a petition proposing
| on the question Of making December 3 and jar
| ,ary > extra exchange holidays, N lns win t1s
/ action of the New Orleans and Liverpool az
/ changes which will Re closed On those DAYS Ins
London stock Exchange also Vin he closed On De-
| Csulbsr q
| DTyTDEND DEFERRED The directors Of IN.
| Cleveland and Sanduskv Brewing Company hsss
| decided 10 defer the common am preferrsd dIv1-
| dends. due December l.. u1+t the money marss'
becomes easier
! GOLD ARRIVALS Gold r. ths amount ct "a
| e45 600 arrived on the steamship Araolc, VnNn
reached this port on Sarurdsv, also S-tse'vvV VI
the Lucania and s3oa ooo on the Lorraine
UNION DINE BANK INTEREST UP-rh.
Union Dime Savings Insritltlou OF this clty VI
nav interest in January AZ the rats of Ter ee11
wear instead of 3la per cent. IN 1871
INTERNATIONAL. BANKING toRPOhAIlon
Hermann SieIcken. Of tho E-r0 II Crossnan q
SieIcken has been elected 4 director of the Ia'e'
national Banking Corporation