New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-06-14
TOPICS OF THE STREET.

! FOREIGN TRADING.-Foreign houses vera ~,
active factors in the local market operations "a.
European account amounting TO less than 5Wo
shares, mostly sales. There no market for
American stocks on the London curb and arbitra,a
/ firms gave up cabling as soon the regular ex-
change closed The London market was inactive
and unsettled thigh class stocks Rio TTnto wa,
affected by a speculative decline in the price %
copper. The Paris market was weak, and was dis
turbed by weakness in the Brazilian issues on "a
ported financial trouble in Rio Janero in comma
ton with the coffee trade. London discounts ver.
! frmer- The Bank Of England made no change in
its rate. and its weekly return showed unimportap,
differences from the preceding week
DIVIDENDS Observation-Disclosures have ba
declared rs follows: Lincoln Trust Company regr-
lar quarterly per cent. payable June %; United
Gas and Improvement of Philadelphia reg,11a-
quarterly per cent Bronx Savings Bank semi
annual per cent; Standard Screw Company rapr
lar semi-annual per cent on the preferred and
per cent the common. the latter being pIacA4
on per cent basis Dominion Coal Company
regular quarterly per cent on the common nav
able July .: Mutual Bank regular semi annual A
per cent. "a yabIe July 1; First National Ran,-
regular quarterly per cent. payable July !: Coal
and Iron Bank regular quarterly IL per cent nav
able July l: Hamilton Bank regular serni-anuua1
per cent. payable July 1; Mercantile National
Bank regular semi annual per cent and an extra
per cent. payable July l.
FRISCO RAILWAY DIVIDEND PASSED -T,a
directors Of the United Railways Investment Com,
pany, which controls the street railroads in sa,
Francisco. have decided that It would be inadvfz
able ~ this time 70 take action the annual
dividend on the preferred stock which ordinari1v.
is pavable in july This decision was reached
owing to the existing strike situation I'm San Fra
cisco and 70 the determination Of the directors m
have enough funds on hand 70 afford the railroads
in San Francisco the fullest measure If supnor+
DUN'S CROP ACKNOWLEDGEMENTS 10 ,'Dun,s
Review" from branch offices of R. g. Dun & Co
situated in the leading agricultural districts ara
almost unanimous in recording pronounced i'm
provement in the weather. While II is generaIv
agreed that the leading crops have had a poor
start. under such conditions as have prevailed in
the last week IT win not take long TO rest7ra
the cronz cycent where injuries were so severe
that the fields were totally abandoned In mos
cases however replanting has maintained ths
area. and only in few districts is there any fear
that maturity will be prevented bv low ternpera-
ture early in the autumn While i is fnapossfbla
TO make any estimates Of quantity from these
dispatches, Improvement is so widespread that II
is probable many states will secure almost nor
nal result as 70 quantity, while the advance IN
prices promises fully 70 maintain the total value
Of most OF the Crors
THIRD INsTALMENT on NEW HAVEN
LOAN.-Exchanse was sold yesterday against ths
third nstalment, amounting "a 20Go00 60 francs On
the New York. New Haven & Hartford loan placed
in Paris early this year Kuhn. Loeb & co sold
the exchange in the shape Of cable remittance de-
Hverable on Monday and Tuesday OF next week 20
one Of the leading national banks which deals ex-
tensvely In exchange operations The total amount
Of this loan was 145 oo no francs against which IN.
GLIDING the present instrument - go 90 francs have
been drawn, nearly one-half OF the total paw
ments required The two preceding instruments
were for 25o00G00 francs each.
MR. POST REINSTATED.-The governors 81 the
New York Stock Exchange Yesterday rsinsta,ed
Henry II Post, who suspended on February
g for six months As BIr. Posts breach II ths
laws was technical one. and Vas unvir-tnsly
done. the period OF suspension was cut in The
charge against Mr.. Post in effect that his firm
cleared two transactions for clerk employed BY
another Stock Exchange house Over private
wire they executed two orders for me clerk. which
were given unde- the guise Of firm orders.
CHICAGO SUBWAY t'HANGES-A Chicago DIS
patch says j. ogden Armour. the dominant factor
in the Chicago subway, will make Samuel Mac
Roberts. OF the Union Stock Yards Company. prest-
dent OF the subway. and w ]. e. Kenyon. Of Kan
sas City, general manager. The Kuhn. Loeb & Co.
loan for S500OGoO viii be extended and an additional
loan for a long term OF 100000 has been secured.
DECLINE IN FOREIGN IRON.-CabIes from
abroad quote NIddlesboro iron at as. as compared
with 59s Sd on Wednesday. a drop OF = SCI. How
ever. stocks OF Middes5Oro iron continue 20 de-
crease. amounting az the present time TO much
over 10000 tons The decline abroad is probably
due the easier tone Of BeSseTuer in Pictsburg IN
view OF the fact that large consumers Of iron have
covered their requirements months ahead. a period
of dulncss for some time TO come can now %
looked for
NEGOTIATING; FOR GOLD--Nesotatio1s were
resumed yesterday for the export OF further
amount of gold Il Paris by ro-morrow's steamer.
A. least one International banking concern was
conducting negotiations with that OBJECT In view.
and representatives of the firm said that although
the matter had not been fully concluded Yet the
Proba biIities We're that gold euga cement would
be made to-day for Europe tomorrow
COTTON EXCHANGE SEATS JP-A gain %
$500 was made in the sale OF New York Cotton
Exchange seat yesterday It is announced thar
$1,000 paid for membership The last PEE
cedins sale was for SI2,511 on May Is
BALTIMORE & OHIO PROMOTIONS Hugh L
Bond jr, second vice-presideut Of the Baltimore &
Ohio. has been appointed general counsel OF ths
company, retaining his position second vice
president John q. Wilson has been promoted %
general attorney and Hobart R Preston 10 general
solicitor
SOUTHERN RAILWAY EARNINGS IMPROVE
Gross earnings OF the Southern Railway for TIA
first week in June show q gain OF 81 1874. CorQari-
son being made with the corresponding period
year aSo. From July l the increase has been
Se.6G4.Gs6