New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-07-27
TOPICS OF The STREET


issues In London this general n1a-4-s+ r,2-rra,
without important movements n anv ~ .L - s'sat
Issues Money was IN good dsnaaus sLe e -sadap
according 70 cable dispatches. viii conti1Te1 al
next week, particularly as tbs fo-+niz5.,1s accss
r7snt begins on Monday There VaS ~ y ssr,.s
rnorsy rates AZ The Continental esn-rs. '-1sss n
there any difference n quotations for aot IA
London as compared with THURSDAYS To1~-ss y
MARKET GOSSIP Good hrvirz j.
Southern Pacific. and r. - rrai1tsirsS SSr's1
chasars that sven in rhe event OF m - y,
the dividend rate the stock would IA 60 ss
COS Southern Pacific Is making 77,5.-sS I Ia
earnings. 50 ara Union Pacific and Cans5,,~ ss,s
returns Of tbs last named company in g. ~
years showing IN increase OF more thsr 49,. y
In the forenoon trading the selling Of Sor.-.'ea
0iic and Union Pacific Hy 4 4 Ho,s,,-1' :
las a striking feature This houss ~ - z 9
tbs buying IN the early part Of tbs Uas., I've
appearance on rhe other stds d the n,s~I,.e- =
traders rather bearish There is rsncrr ~ NJ
pool Of 200, 900 shares Ea5 been FORMED ~ ~
backed mainly BY PtiIsdeIuLia Interests a--a1
least the sympathy OF H O. F-tck slrbo,s.' ,a
in EurOre. This would tak= care o. mos -
floating supply and there IS luf7cisnr irs, ~ Z
% cooperation IN the buying 70 maks $50
story sound plausible Selling q Southern - sc
preferred was long stock and basal on tts -
earnlres which do not show t1s r-afsrrsS s, a
more than about r7To-thirds earned Ths rst -
tnEs have improved since the beginning ~ -.
half yssr but holders 1or the dividsnd r-to-s
are nervous 7 was said z substantial 49,
steel common rad bsen l-9<-dsGs1 Tor inrs-.vf
taken and foreign houses were buyers Tsz 81,
Tors Of ths Steel Corporation meet nsxz yV.e
take action On TIE dividends bug e is rot &c.
likely ther5 viii be any change IN tbs rstz - =
common stock Certain market followsr, .,v ~
soIrl Kansas 3 Texas is worth watohinT II
rortant developments ara looked for IN DsIs,--E
= Hudson Halle e Sti=gli-z sold Rsaiiuz ana =
or two other commission houses q the sans -
were employed. possibly 20 Greats the lr1urs,T
OF outside selling The sans 1Cuss vas s,is.
PenusyIvaria and seemed 70 Scd tbs stock 80
we'll taken. One cs the disturbing features = n
r7arket was THO cJist selling CT n ST York cs-e~f
Ths stock IS net easy TO borrow. Tut 10 S.
f3r II has 6svaIoVad IN tbs loan crowd Trzl-E
therefore axe tcis as long stock, ald bscaus,
have not traced rs ortE-n d-s-rus- ths ro7s--E
and rs effect On t1s general rn--zet
CURRENCY -IoTE--El THE reported -,
rcsots Of currency this week indicate 2 a Al
cash he'd b. tbs banks OF 3 52e,--1. They -
from rhe interior s - zoo ara sar- % tbs -
q 24s go including g. 5000 national hank -
sent 20 Washington for redemption. Tas galn -
the interior was 3. 90 40 Esca-c-s CT rsv ? II
were Z.TT.5o1. O-1irary l-sc-rzs-aa.s ty a
Treasury were S25.s19.510, payEs-ts BY Is. 4
% ths Su1-Trsasurr Sc- customs. internal rs7s.-
usr cent redemption fund etc wsrs Ta;1T*
Tha gain CT slb-Trsss--y operations propsr -
= IL so Tia total g--C-s---. rs i1rsr!or a.
-: nav so-i s177-.5c2. sC1 on Suo--raasu-y ~
ticns. &.s(-. aE-Tcs s. 519.411 Receipts q clrre1&
rsre chiefly from nearby ard Eas-sru u,s
More came from Lhs South than from the "
Tbs largest shipments were made 70 nearby r,t
3"
vas SAINT . Western points than US -s.s-
from them TIE me- gain from 10 t-tsrio.
It.Is larger than co- -1e e-rras2ondIrg wssE IS
-sl5 but Il smaller than IN tE= c'.-espcr5lrs ~
= preceding years
GOLD EXPORTS SITUATION s2;rs - u
fact that exchange IS now -=sr -ha sols AZ
paint. ?. e rot thought likely f., cs--zLn carr
quarters What gold erza ge-=r-s VII be resumed
Jhs present time LEs ca-<5rs who ve-s :.
exporters - the re-sl in --= recent --cvs-s-. \
not nov ccCs,5ert-E making further a--azs-s-f
They think that rts conditions are 10. cr,uia-E
fer such operations. cce ba-zl1E h1lss sgo-z
that Europe IS diF.-cll-sE % 5-5-ur5 ne r.oas-s
conditions here JUS now. LE5 r--baciIi..aa "a
that exchange VII E-- remain long - - prssz Z
4sVS-. e1l r-e -2zr-s- ~ t- -r--1I god fran 4
r7Cs later On g nor los. s.r1- G. F-r-.s--1-.
me Bank q France - fa- 81 Is E--vr Is 4
repeated cvertur5s Il bankers oars . s.t9 r
% taris y "LLcc caz= thz --a-sz----l ssccnas
II question
LA2GE RAIL Es-~-1-.-7 ~, 50 ~. :
'at1 rai.roa1s nave closes CONTRACTS -3- II I'D
gate % nearly -y-o)J tens Of s-zs- rails cz...-y
delivery rex- yea-- Al czcial a--cu-c s--.-. z (
ing the CaLSs OF the roads rra- y,sEs t1s = 4
ChEs5s viii - caEs shorty since -sa srssi n
mills cpensd their books to- delivery Il l1s ID
1sl8 the railroads have placed cr-s-s -c- so1-sc.
llko -1c3el3 tons OF steel rolls C1o bulk q
business hiss gene % tbs -s--szss Gal and r
Company. the El-c-ts Steel Company and rhs e [
lshs- S-ea- C---p11-. The E51-5zsss s-5 81
lsh=rC companies manufacture t-s c-61 hearth :
STEEL ORDERS has ssa- : god II i
s-5sl -r15ys This wesE The largest companies
pCr- thar -rs business resolved --s been co1z3s
sb.T ahead O. rEs corresponding E5-tc- = AS ys
Tbs tsEsCI Tor Cch~ finished c-.--c-s IS s1,s
t-oaa1y so'1 ans z-r-c-g-z- s-==l 7-sl2ass
t--.-=s II Eood volume -1sr5 IS 1---S -2A -
ness tur ms mills have - ----- c---s n re -ss
rorhcOd e z.Golo15 tons -a----s -2- da-lTsrJ :
ana nsZ- yss-- There IS . -z--=- dz--2n- -
iron. buy actual transactions ------7 small :,
aral thousand tons Of pig i-0- r. lsAr--T =
las. quarter q this Fsar have -=5. s-1 "
Pills ts-phLa rl---7--
IRON CCTLCCE--As 4 rss--- = --c1s rays
inquiries hsr-5r teel--s p-sT---7 z ne re
ks-- Inquiries IN the East a5s-sss-e --'-7 =
~ Noo tons. ard some small s-.5s have ossA -
However. tvvlr5 = net sNg--rz7 10 re-cl -=-57 =
portions during tia r5Xt I7.1 20 t---- -
iron situation abroad : s-rcCEa-. ----5s.--- -
rants are quoted ar . g q ~'-s e 1880
iron aRsrRsete arCroyi1-aIe-r -r.'l -o's
TIE COPPER SITUATION -Tas-s rs
Ittte II any change In RS -csr7- s---a--- =
lest ws5k ThsEs has been some s--!--- - -
s1sc-rcy~ti9 cooper ST p cents. F-- Crc-1os.s &C.
vNA buv{r- has beal or no ---s=-I =Nos -. >
chases ars 81 q hau1--o--n-v-n -l--21isr - -
% rra lsrEe Consumers has s-L5-s- - -
a q rlrcEs ser IN y Ilrss F---s- Ire --ss -
5uc5rs have not changed t13-r at----s - -,
prices ana 1re IS aclp1a-fc S e~s- N .. =
Iarsttons thFr ~ cha-ls win - r'219 VI ~
rsr- quarter -.
OBJ srRIKE PRACTICALLY OF $50 -
ivfc4s vscstrs1 - L1s various --szl sZl -
rgr.ias in this cir ars THAT --s --7- ore s.
about over TIls ureC t0 -E= various ra-s1s-@
returning 70 work acd it Is q question Ct - -.
time only 7vhan thu uir7s VIII he n t--' -
= - figured thar tho srrlFs VIII make J - h.
q about so go tons IN --s S~o-,-t1-l @ s+-,
trts srn7-rr nav Be made 70 Before ra'l51..,
90 sss on the Grsat Lakes. e-l1 "a
4 go go tons Tcr tho season brought Cow Il
INTERNATIONAL SCEA.I EC3I2-~-.9--.' >, |
the International steam Pump -'.lpal- -,,vi
%~sr six months q tkts year 20 1aro --s- -
r-eal.sr ., far as v1lruz or SALES IS co-ls---
-ha conracv IS sold up Ter Tia oa-A-s T., "a
year ard Is taking AL orders t-- ce.-'7- - *
and we s-s-r1 pump company has ta5n -1s -
a reaction n the price q pig iron 49,
purchased enough 81 So - answer rs F'@'-->
Tor some time -
GRAIN EXPORTS TOP Tt5E 'Es- - II
stvssrs reports tt= exports - s-=-- liz II
wssk Win comparisons. fsures y g<-- -~qi-s
follows. vVhsat Hour included 3si521 - vr
3 90 TN lasr week .7CS T. tHis WsSA ,s-s