New-York tribune., 1907-01-12
TOPICS IN WALL STREET.

1,CREIC;N TRADING-I.ondon sold about +No"
shares IN this market and made practcaIy no Pu'-
,bases The largest sales were OF Pennsylvania
Union Pacific and United States Steel common ana
nraferrcd American stocks in London were eN-
treneIv weak The decline IN pennsylvania was
eouvaIcn to over three points. and the rest OF the
active list lost from Il TO IL per cent ino Nv
PENNSYLVANIA financing upset the market severely
In s,mpathv with the break consols lost / per
cent while foreign bonds were weak ana copper
stocks lower
MOVEMENT OF CURRENCY.-The reported
movement OF currency this week indicates gain
in cash held by the banks OF $1I.l;1.sCl The gain
on the direct interior movement was $0OSsVo' ana
from all Sub-Treasury operations the gam was
60 SIS 900 Banks received from the interior N-VS-oo
and sent 10 the interior S54s 800, including s2+5o0
national bank notes sent washington Tor reoelp-
ton. The gain from the interior was SSo"'~N-
A BANKS NEW BRANCH.-The Nineteenth
Ward Bank which was established In lSs+ VIII
soon open a branch at I'D street and Ihird ave
nue. Since Warner NJ Van Norden took charge
Of tho management OF this institution in July.
IqO3 its growth has been rapid. 1t now mas I'-SS
depositors and deposits of As69sS
PIG IRON QUOTATIONs.-Pig iron certificates
a. the New York Produce Exchange were duh and
unchanged There were no sales Prices for regu-
lar follow: Cash January, February and March'
s21 n bid. quotations for standard foundry fol-
,o,. Casb 500 20 bid: January. 500 50GS2i 90; Feb
,,rv 90 5e1s24 %: March So 50qSeS so; April and
May so 5oGS23; June. s22pS22 10
DIVIDENDS DECLARED.-Thc regular quar-
tsrl dividend OF ls per cent has been declared on
the preferred stock of the lnterha'loh"I "'ea'i
P,unp Company payable on February l. The
directors of the Homestake Mining Company nave
declared the regular monthly dividend or q" cen's
a share payable on January %
GRAIN EXPORTS FOR THE WEEK-"Brad-
streets reports the exports OF grain for the week.
with comparisons. figures in bushels as lo-o"s,
Wheat -four Included +.0,Sll0. against +'2-o@'o
last week 476S772 in this week last year, 7oj95O in
1905 and 3.567.1lo in 1892; from July l. lolss66i4
compared with I2.7SS.'92 i'm 1906. 5oSos-@i IN
lgO-O5 and 55774s4 in l9Ol-02 Corn. l2s6lS' con-
trastcd with l37i so last week, J3i2,569 In this
week a wear ago and 2s32oli in 1905; from July l.
q 20 against 4S56os5O in 1895 o6 and G6lSSs0
In 1gll-05.
CLOSING OF BOOKS AGAIN DEFERRED
The Great Northern Railway Company makes the
following announcement: The closing or Great
Northern stock books has been postponed. Stock
holders entitled to rights of subscription under
the terms Of the company's circular of December
H. 1906 will be those of record At the close of busi
ness January l., 1907 Subscriptions may be dled
to that date. inclusive. Assignments OF rights may
be filed up to the close of business January is.
1907 The date for the first payment has been de-
ferred TO January 2l 1907" This is the second post
ponement announced by the company In connection
with the proposed stock isue.
TO PAY GULF K CHICAGOS INTEREST
The Mobile. Jackson & Kansas City Railroad
Company announces that cuarantor il Will pay
the coupons of the Gulf K Chicago Railway Com
pany. which matured ON January l. ON presentation
at it's offices, No Nassau street
NEW RAILWAY EQUIPMENT-The Railroad
Gazette says: The following companies have or
dercd from the American Car and Foundry
Company: The Delaware and Hudson COMPANY
500 steel under fTeme box 1900 steel under
frame hopper and 1CO0 steel under frame hon
per with coal sides: the National Lines OF
Mexico. 500 box and 325 National dump cars;
the Chicago, Rock island and Pacific Railway Com
pany loco steel under-frame dump cars: the Buff
fao, Rochester and Pittsburg Railway Company
500 steel frame hopper ears; the New Orleans
and Northeastern Railroad Company 100 box cars
and l25 fiat cars. The Coal and Coke Railroad Com
pany has ordered 800 The American Locomo-
tive Company has received order from the Spo-
kane International Railway Company for six sim
pie consolidation locomotives Corrgan, Mckinney
& Co have ordered three simple switching loco
motives. The National Railroad Company Of Hayu
has ordered two locomotives"
NORTHERN SECURITIES COMPANY'S YEAR
The stockholders of the Northern Securities Com
pany have received from President James j. Hill
a statement showing the operations of the company
for the fiscal year ended December 81 last the
balance shset of December 81 The balance sheet
shows:
Credits 1906 1906 Changes
ETsaR fS2es9msns saPsss sSssosS SssSss sSs Inc
Cash ..-................ A29.s0o 42o.76s s6aa
Total .............. sG5s7524 se55342s Ines14l loi
Debts
Capital stock .......... 81. 900 sSo540Oo
Surplus 2,6l352i 2.JS942 Inc i. i0l
Total .s6s655e4 Ss553 423 Inc si4 ,ol
The statement says that one share of the COM
panys original stock now remains to be surren-