New-York tribune., 1907-11-01
TOPICS OF THE STREET.

FOREIGN TRADING-FOreign hOusas 49,,
15000 shares on balance in the local marker ~ s
buying mainly in Union Pacific and the NJ
gan stocks In London the general market cIosax
strong. with sentiment more cheerful, despite -
advance in the Bank Of Englands rate of disco,InS
Money on call was IN strong demand at "a ps~
cent. and open market discounts. after shouino, .
reactonary tendency. closed strong on the Amer,-
can demand for gold. Further Withdrawals are sr
pected to-day. The Bank Of England made a noo-
weekly return, showing falling Off in the per
centage of reserve TO liabilities Of more than Der
cent.
500 STOCK SUBSCRIPTIONS-FfnaI .r.
scripttons called for yesterday the 81 4gr0ra
additional stock of the Minneapolis. St Paul a
Sault Ste Marie Railway Company, which Wa,
authorized by the stockholders some time axO n
is learned that the individual subscriptions bavs
been more general than was anticipated when ~.
latest disturbances in the financial situation bera1
TO develop. little than two weeks ago. II 4,
further understood that the Canadian Pacific Rail.
way Company will take whatever stock is not sIb
scribed for by the other shareholders
IRON AND STEEL EXPORTS AND IMPoRrs
The value of iron and steel, excluding ore ex
ported in September S1ss9O.sSS. as compared
with SIS 6S2 in September 1906 In nine months
ended September the exports were valued at s1tS-
2 OSO against S126 69SsSS for similar period Of
1906 and S102 27 in 1875. The imports Of iron and
steel goods in September were valued at s2S02SN,
as compared with 8. So. 199 in September OF 1ss
In the nine months ended September imports wsr.
valued S3l 698,010. against S24.SI6.SS7 IN tbs
similar period of 1896. and s1S.5S5.755 in 195-
AMERICAN CAN-An officer OF the American
Can Company says the company has consumed far
tin plates In 1907 TO date than in any year
since the companys organization. and that SIS husI
ness and earnings have been and much larger
than in any preceding year
NEW STOCK EXCHANGE FIRM--PauI Brown
jr. of St. Louis has purchased a seat on the New
York Stock Exchange at a price understood % be
S6S 600. Stock Exchange seats have sold high
as S95, 900
DIVIDENDS DECLARED-Dfvidends have been
declared as follows: Peoples Gas Light ard Coks
Company regular quarterly 1 Il per cent, payabls
November IS. Consolidated Gas regular quarterly
1 per cent, payable December 16.
CURRENCY PREMIUM IN PHILADELPHIA
yesterday, and New York funds were anywhers
from 81 to s. for $1,000
NOVEMBER DISBCRSEMENTS.-T Is estI-
mated that November interest and dividend dis
bursements will aggregate s75.000 900, against
s53 900 in November last year
MONEY FOR SAN FRANCISCO.-Ths Sub
Treasury transferred yesterday for local banks
S3S0.00O TO San Francisco
ODD LOT BUYING-One OF the most encour-
In Thursdays Clearing House sheets OF $500
Brooklyn Rapid Transit LOO shares went 20 4
single odd lot house OF $500 New York Central
all odd lot house One such house took
200 shares of 4,4OO Car & Foundry Odd lot
houses took 600 shares Of Westinghouss and 500
shares Of American Sugar limits at par These
are samples. and il may be added that the odd lot
brokers have taken 1000 Missouri Pacific in the
last four days
COPPER STOCKS-In spite OF the recovery IN
Rio Tinto in London and Paris, our copper stocks
inclined TO hesitate The Improvement in
but there is some short selling Of Amalgamated
Copper and Anaconda on the idea that the buying
here has been little premature, in view Of money
market conditions