New-York tribune., 1907-01-19
TOPICS OF THE STREET.

FOREIGN TRADING.-LondOn sold about 1000
shares early the day total transactions for for
eign account being 5000 shares Money showed a
hardening tendency IN London. and the market was
stiffened by the Bank OF England's own borrowing.
Higher rates are anticipated. as IL Is estimated
that the Bank OF England must hold az least
100000 bills maturing in tho next two weeks.
which will reduce floating balances. while ths
market Is already affected By revenue collections.
The stock market was dull and heavy, suffering
mostly from the absence OF business. There was
considerable early liquidation IN American stocks.
The Paris Bourse closed heavy. with some weak
ness IN rentes and q good deal OF selling OF the
Kafhr stocks there and In London.
MOVEMENT OF CURRENCY.-Ths reported
movements OF currency this week indicate gain
in cash held by the banks OF s141s5sO0 Banks
received from the interior ss,2e55oo and sent the
interior S.SOO7OO including So57.oo national bank
notes sent to Washington for redemption Ths
gain from the interior was s5se4 500
CHICAGO & ALTON NOTES SOLD-The Chi
cago & Alton Railroad Company has sold 60 Kuhn,
Loeb s. Co. $4,000 five year per cent notes. This
is part Of issue Of ssO0o,oco, dated January /.
1897. the remaining part Of which Is TO be used 90
retire 100000 notes OF the company maturing
July next.
DIVIDENDS DECLARED.-The Buffalo Roches-
ter & Pittsburg Railway Company has declared
the usual semi annual dividends Of per cent each
on its preferred and common stocks. payable on
February Is. The regular quarterly dividend OF
per cent. payable January e5. has been de-
clared the preferred stock OF tho Trenton Pot
teries Company
CARNEGIE TRUST COMPANY EXECUTIVE
COAlA1TTEE-Ths board OF directors Of the Car
negie Trust Company has announced the election
OF the following executive COMMITTEES: James d.
Laying. Charles NJ schwsb A. B. Chandler. Joseph
B. Dickson, Frederick II. Eaton and H. Carroll
Brown.
THE HANDBOOK OF RAILROAD sECURI-
TIES."-A new edition OF tho Handbook OF Rail-
road Securities" compiled by the publishers OF
THE Financial Chronicle has just been issued.
This small volume gives great deal Of Information
concerning the various railway and chief indus
trial corporations the securities OF which dealt
in on the stock exchanges OF New York. Boston
and Philadelphia. showing their earnings, divi-
dends etc. for series OF years. their present
fixed charges and the amounts OF the different bond
issues outstanding with their interest rates. There
Is also given the monthly range OF market prices
OF stocks and bonds for 1908 and 1906, as well as
O yearly range for the last four years.
PIG IRON oUOTATIONS.-Pig iron certificates
at the New York Produce Exchange were steady.
There were sales Prices for regular follow:
Cash. January and February. sci bid; March. S21Q
S22 90; April. May and June, S22 so asked. Quota
tons for standard foundry follow: Cash. January
and February SAG IS bid; March. s22 5OGS24: April
s22 5O9s2S so; May s2s asked; June. S22 so asked
GRAIN EXPORTS FOR THE wEEK.-"Brad-
streets reports the exports Of grain for the week,
Wheat hour included. 2636.4e0 against 4O731lO last
week. S44s S62 In this week last year, 113SS7i I'm 1905
and 469O,2O0 in 1902: for the fiscal year 90 date,
10 $50 0T4 compared with q 23T654 in 19o606 SS O5
isS In 19oO5. and 15 76Ss In 1soc2; corn 1SO6S3
against 1296.1SI last week. 5.s445u IN this week
year ago and 31sS.6e in 1885, for the fiscal year 20
date. 2sOO7.1sS. against 545O5.421 IN 1sO5-Os and
24.7O5.40s In 1so4-05.
APPLICATION TO LIST-Ths Erie Railroad
Company has applied TO the New York Stock Ex-
change to list N20o00oo additional general mortgage
4 per cent bonds OF 1883. series b.
ANOTHER GREAT NORTHERN POSTPONE
{affx
announces that the time for ascertaning the stock
holders who entitled to subscribe and for fling
subscriptions 10 the stock issue has been fur
ther postponed until the close OF business on jan
uary 26. The time has also been further post
poned for filing with the company assignments OF
rights to subscribe, TO the close OF business on
January 90, and the date for making first payment
on subscriptions has also been postponed. 10 Feb
ruary l.
TIME FOR DEPOSIT EXTENDEp.-At a con-
ference on Thursday OF the protective committee
OF the Toledo Railway and Terminal Company, Il
was decided 10 accept bonds OF The s0mpany on