New-York tribune., 1907-07-14
TOPICS OF THE STREET.

FOREIGN IRA DING Foreign houses war. -.
active in the local market. dealing IN only fs-
thousand shares IN London the general pna,s..
vv7s firm with the exception - the coQper sb,1
while ~ Berlin and Paris prices as a rule vs
heavy Money was easy in the London mari
and short bills were discounted AZ ors -,
exchange on London remained st Fridays Izvs
hut the Berlin rate vas hrnler Gold 70 the amour,
Of s2o0oooo. representing south African shiT
rnents. Will be available in the open market n
morrow aud n is probable the Bank ~ Engl,,s
will procure the bulk Of =
MARKET OPINIONS Opinions IN tha rr.-.. K
by some ~ the leading houses follow +
Henry Clevys & GO We cannot advise ~.
chases ex-eut on pronounced reactions Until c--
dirions become move settled tavoTaba stock us.
kAt operations viii have ~ ba conducted with ~
cep1ior7I prudence The market seems liable =
another attack - Indigestion. through evcsss7.
T a NJcInrv-a & GO says The best thst "a,
r4= evracr7d is a continuance Of a narrow and y
regular traders market for moderate turns. s-s
think tha tendency Of prices more likely l,
work lower for The tue being toa1 otherwise"
4 . Brown & CA say The eas,g in r,v
r7c-ov would Indicate that the strain On ta bsns,
was practically over. and still lower rates ara
looked for next weak
Bartlett Frazier & Darlington say. "shoug
the market remain thus dUT and Inactive for :
time y viii be doing exactly what some usous
who believe in uprIr1 from present prices van.
rha market 70 do - ttIs time until can cath
III with rhA peculiar money situation
Prince 6 Whf-e1y say: 'Tha stock market in "a
lasr hour continued very dun out steady ductra-
tons very small but vithal the days gains vss
veil maintained w - the close. and with nothing
unforeseen oG ~ uofavorabIe nature Happening
tha chances are for further improvement.
Cfrarris < Lawrence say: Tt NAV be anota,,
month before w@ have what viii - gansrslT
recognized as h1Ii movement but meantime
is probable that conditions and prices viii bon
gradually improve
500 LINE INCREASES SToCE-Ths i.
ra0r0rs Of thu Nyt1nea polls, 81 Paul < SaUt Ss
Marie have vored TO increase the capital stock q
the company from 81" 80 IN S-2j'fi'' o1eth-i
or thu increase or S-ua,'. 70 b preferred SJoci
and rWo--hiris Sl-.t.''tEs 20 be common socz
Tho increase Is 20 enable rhe rad 70 make II.
pr0ve-ueuts N accordance with r1e growth q 2
business The new stock Is - - issued az "a
only about 8 "t"t-" stock viii bs issued naE
Common and preferred stock H7'1a-s viii has
equal night 20 subscribe for new sock - par
The rate % - Per cent 20 the common and s. y
cant 70 thu preferred, IN proportion 70 their ao
i0-s n old stock The CreSi5@~- ~ the Connpss7
saws that The directors decided q increase -
stock in orts- - provide - any conlt1gs.cT
vrf-h may a-iss and f0r additional s--iliries +
also states thar - nay b wears tef'rs al -
stock viii ba issued
FRONX NATIONAL RANK OPGAN1ZTNG-
The organizers or -He Bronx National Rank. a nsF
rational bank t0 he located IN me UsiE1borso'.
of Third avenue and --orh street a-s Georgs
P=iahayt-. o5 No. as Brook avenue Judge Jans
3 N5rrurn. o. New Jersey. A T. Shaun4rs
James r trI~-a1. VICE president - MA CaTHszs
Trus- Company Charles u St@rrar T !. thao''
end - N Wilson The institution VII have
gevr4- af So" go and S-V'uS NJ S'tt. t,s Sna-s'
- ba or the mar value ~ Sss The orgarizs-s .
the bank viii a,1o- r large portion n the stots
among Bronx business men r. IS expected 70 ops1
tHa bank for business early IN -ra fan
THE MOVEMENT OF COTTON The Finar
,7r t.r~,~i-'a, r-ro~ts rrs r1ra1 port receipts q
-7-ror for the week ended July r. 4r 12-S- ta.s,
rs e4,0sr :. 12 raIas f-- the preceding week rss
ing rra t5-~I rs,efurs snr- S-pr--la-r rsS Sss-
s+5 bales against 6 752 bales FOR the same psrai
~ 1et5- Df showing an l-~r-4se since SeptaTaosE
IadF ~ ql5 SqS bales laIaE~-urf- reports non
tN. south indicate that rNa weather has contnrN
fa,-or4bls as q. r111a during the r--- week In ms
sections ~ the belr rain has fallen which has On
tho whole heen beneficial tp cotton. especially /.
Texas satisfactory temperature mas a-Se -,
quite general Many c'rfeSI'-' 'i-'''N '7t'.' '-
Improvement IN tAe 'r'P
a Chicago dispatch SAYS "SJuvveS7nr FISH ~
merIv president " The Illinois Central RailNs
Co,uuarv has asked Governor Dr0-en Of uhnel
10 attend a meeting or the dtra.r1rs of ths roA
IN New York next Wednesdfv- The 'iovern'l =
IS ot'cio member ~ the board has oSen
formed that MS S"rv'c" and ms N''- ~. ~ ,at
P'FliiL 20 'ile i'e''pA ON ''- '-.. %, ,,,r-I
'lRrs@d t-le el''I'S %. MI ''. .-fi L : - s-.
"t the road III Wh'So 'fi''~''''' '' '''"
SUCCESSFUL
RAILROAD GROSS FAFNiNtIS- -.
"a aTnineS or forry-r''o railroads ' me lr as. m
az June We're S+2s,+2s compared with Sl-'sS -
the corresponding week p Ne9r 4I' ON I-'''e-s p
Si-s4 NJ "r i'N' p"r cent ror t.' ,..l -, r1sis
June ,le ''''tl A."SS ei'',''--@ - - az, * N
-, -. - -, - - 3, o,s or E&
,,a- ,ar+ - ~ +,,-. 49, -f T,.Iv The Sr1$
s, ~ SS-&
e a,s 80 - -t7 la, vs1r an n
- - 'l - :,
>-,-~..,,,.-. -----,,- ,,,o-r, rsSr,E5-Ths
Nerrb,- q u,.s+e,, T,stI,-7,- company has flct
r,o~trsse ~ the T,rsr ,.nr,p,-,v ,c America 3
tr.Isrss - s.,,- -. tss,,, ~ & 3aaa5g three year
rsr ~err t,,,7- 5..s, IN, 1l4- The bonds ~