New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-13
TOPICS OF THE STREET

5o'oV9 shares In the local market buying 5000 In
P',''" ',e general market was firm. the only
M'aNneSS oelns reported in the Rio Tinto issues
Money was in good demand for settlarnAn, mr.
poses, with contango rate of 6 per- cent on 80
lean shares According to cable advices ea,.i,,o+
in the British capital was more confident over tho
position OF the American market a reflection OF
which was shown in great strength in our secrrf
YES on the London Exchange. The Bank Of Hol-
land increased its discount rate from TO per cent
DIVIDENDS DECLARED The directors ~ the
Union Ferry Company have declared the regular
quarterly dividend Of one-haIf OF per cent on the
capital stock. payable April The directors OF the
United Fruit Company have declared the regular
quarterly dividend Of per cent Increasing the
yearly rate from 70 per cent. The directors
OF the Mergenthaer Linotype COMPANY have la
clared the regular quarterly dividend Of 21s per
cent, payable March 20. The directors Of the Viz
glnia-CaroIna Chemical Company have declared
the regular quarterly dividend Of Der cent on tho
preferred stock. PAYABLE April Is The regular
quarterly dividend Of % per cent on the Delaware
& Hudson stock Will be paid March 10 The IL
rectors or the National Licorjce Company have de-
cared the regular quarterly dividend OF Il. par
cent on the preferred stock. payable March 30
The directors Of the Century Realty COMPANY have
declared semi-annuaI dividend OF 5 per cent. pay
able April p The executive COMMITTEES OF the
Western Union Telegraph Company has recon-
mended the usual quarterly dividend of IL per
cent. payable April Is. The directors OF the Ma
regular quarterly dividend iof IL per cent on the
preferred stock payable April ? The directors OF
the otis Elevator Company have declared a regular
quarterly dividend OF 1s per cent the preferred
stock and dividend of per the common
for the current year. the latter payable in two
instalments on April Is and October IS The di-
rectors OF the American Ice Securities Company
have declared the regular quarterly dividend OF Is
per cent on the capital stock payable April 8,
MOVEMENT OF MONEY.-From last Friday
s. $4,000. as compared with loss of $4,000 in
the same time a week ago II will be recalled that
the banks last Saturday held only $2O51.725 sur
plus reserve The heavy loss yesterday by the
banks was variously due 10 heavy customs coIlec-
lions the that the Sub Treasury had a credit
balance at the Clearing House and that there was
some retirement OF circulation. Following the de-
mand for money from the West. shipments began
to New orleans. Aside from the technical bank
position the money market is Influenced by the
prospective heavy shifting OF accounts incidental to
the payment this week of between $40 600 600 and
$50, 600 account Of the $l2 600 600 of Penn
sylvania Railroad notes. SOS, 900. 900 new Chicago &
Northwestern stock and the Standard OIL and Con
solidated Gas dividends
SLOSS- SHEFFIELD.-At the meeting Of the d.
rectors of the Sloss.Shefield Steel and Iron Com
pany held yesterday the report for the fiscal wear
ended November 30, 1906. presented and an
proved The date for the closing of the transfer
books for the payment on April I of the regular
quarterly dividend OF Ia per cent preferred
stock was fixed as March IS. The annual report is
now in the hands of the printer and probably win
he ready for distribution within few DAYS While
II is thought that the report win show some falling
off in the gross earnings for the year IL will never
theless demonstrate that the company did rev,arl-
ably well in view of the adverse conditions under
which it operated. For 1905 the gross profits were
about $l.5000 600 Last year It is probable that the
gross returns fell approximately 5000 900 below
those figures. After deductions, bond interest.
dividends etc. IL is understood that the report
will show surplus carried forward for the year
of something more than 100000. and that with the
accumulated surplus on November So 1905. the
final surplus at the close Of the last fiscal year was
In the neighborhood of S2.725.O0O
BETTER INQUIRY FOR IRON-Consumers are
beginning 70 manifest more interest in the iron
market. There Inquiries IN the local market
for about O000 tons Of foundry iron for delivery IN
the last quarter Of the current year The largest
single inquiry is for about 600 tons The stocks
of many consumers very low, and PRODUCERS
say they will be forced into the market within the
next few weeks Spot iron is slightly higher bnt
there have been changes in tho prices of iron for
future delivery,
PIG IRON CERTIFICATES iron eertia-
Gates at the New York Produce EXCHANGE vroro
duh and unchanged. There were no sales pr,cas
for standard foundry follow: Cash and Ngorcb
$22 bid; April $2euS22 % May. SCI 6O0S22: Jure
S2 SO asked July, s21 25 asked; October S21 asked
UNITED BoX BOARD COMPANY SCI re |
= ~ - "Ii'V"'iNON 'A"' sIlS tinted Box l
Board and Paper Company has sold S4O5 GOO trsos /
ury bonds at so. The proceeds viii net the con-
pany 1926 600. which will be applied toward the p
duction of the floating debt. bringing that itsrD
down TO less than 100000.
CLOSING OF GREAT NORTHERN ROOE-S
AGAIN POSTPONED-The Great Northern Rot1
way Company announces that the cIosiDs 20 a., 1
preferred stock books for rights has been f,T4ba |
postponed until March 49, that the date for NIrDa |
assignments has been further postponed 70 Mares
%, and that the date for paving The frs.
ana third instruments has been further nostDov-5
TO March g.
UNITED STATES LEATHER MEETING AD |
JoURNED-The adjourned special meeting az sb, !