New-York tribune., 1907-11-16
TOPICS OF THE STREET.

FOREIGN TFeADING.-Foreign houses sold To-
900 shares in the local market. chiefly the United
States Steel shares and the Hill issues The de-
cline here made arbitrage selling improbable 500,
after the opening In London the general marker
was weak while on the Continent prices as rule
were heavy The London market was disturbed bv
the opposition Of Paris bankers to gold Shipments
TO New York and by further heavy withdraU-sIs
from the Bank OF England for American account
Call money at the British capital fairly easv
but discounts were frmer- II was thought thers
might be another advance in the Bank Of Engand.s
rate.
BANKS LOSE CASH.-The reported unover,a,+,
of currency this week indicate loss in cash held
by the banks OF only S2S5O.O0O. They received
from the interior s3,O79.7oO and the interior
s24130,5O0, including S13.4550OO transferred
through the Sub-Treasury follows: To New Or
leans, s266,000; Chicago. S5.579.O0O: Cincinnati
S122.0o0; ST. Louis. s1.574.OOO; Denver. s5s5.OOO;
Philadelphia, S605 900; Washington $500. 900; San
Francisco. S4524,O00- The loss the interior was
S21.65O.S00. Receipts OF gold were s23 Az 200
namely, in bars and foreign coin. s1S.Os6 100: in
United States coin imported. S7.523. 400: on New
York assay office checks, 81. .I91 500, on San Fran
cisco mint checks. s1S,200. Seattle assay Office
checks. $4,000. Disbursements by the Sub-Treas-
ury were S27.602,5OO Payments by banks TO the
Sub-Treasury for customs, internal revenue ! rer
cent redemption fund and return OF United States
deposits were S31.1SO.0O 600 the loss on Sub-TreaS-
ury operation proper S4177,5OO. The total loss
TO the interior. S21 .650S00. and on Sub-Treaslrv
operation. S4,197.50O, was S25.S2S.30o. Deductng
the gain by new gold OF S2S.477 600. the net loss
was S2,S50400. The loss 70 the interior this week
was the largest reported.
HEAVY EXPORTS OF NEUTRALITY-SUSPICIOUS. 70
BradstTeets the exports Of wheat this Ueel, we're
the largest for any week in five years except one
week in November 1905. The cIearances Of grain
for the week. with comparisons figures IN bushels
follow: Wheat, flour included. 6192.944 against
5-499.39S last week. S.7423S1 in this week Iast
year, and 4,9SS734 in 1901 for the fiscal wear 20
date 79.920.S52, contTasted with 7O.5647OS last
year and 500 IN 1901 corn 11SS.4Ss, com
pared with '129D1 last week and ,22S.35 in this
week last year for the fiscal year 10 date. 19.2Os
26e, against 16.717,435 last year.
Csrr ~.
the Standard on Company have declared a quar-
tery dividend Of SO share the same amount as
at the corresponding time last year. The company
mas declared 40 per cent this year. compared
with the same sum year ago. the same in 1905
and SO per cent in 1904 The Cornpanv's profits
for 1907 estimated at $s5G OOO dividend uav-
ments SS9,5JS,S2". with a percentage Of profit
capital stock Of SIS.
DIVIDENDS DECLARED-Dividends have been
declared as follows. The American Colonial Bank
OF Porto RICO. Sern-anuuGl OF 81 per cent pay
able December . The Cleveland, Cincinnati Chi
cago & St Louis Railway Company. regular quar-
tery of IL per cent on its preferred stocS paw
able January 20. The Haywood Brothers & Wake
field Company. regular semi-annuaI dividend of So
a snare on the common stock, payable December -
The Cincinnati New Orleans & Texas Pacific Rail-
way Company, regular quarterly dividend Of u.
per cent on its preferred stock. payable Deem
Der .
REPUBLIC IRON AND STFFI. -NotUithstsrd-
ing the unsettled condition Of business the Repuo-
lie Iron and Steel Company last month showed
large increase In sales over the corresponding
month of last year. Sales in October were also
we'll in excess OF sales in the preceding montE
However. large falling off in orders is anticipated
this month
REDEMPTION OF 4 PER CENT BONDS-Four
per cent government bonds outstanding July I.
1907. SS6121.450. Redeemed under circular Of
April .. previously reported $50 500. redeemed
November Il. S17.250: total. S3O042.55O. Outstand
ing. S5.47S 900.
INCREASE IN BALTIMORE & OHIO STOCk-
HOI-DERS.-rhe number OF common STOCKHOLDERS
of the Baltimore & Ohio Railroad has Increased
since last January rrom $500 to $500