New-York tribune., 1908-08-30
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses dealt In
only few shares in the local market. evenly d.
vided. In London consos were heavy and the gen
era1 market irregular, closing firm on a small
volume OF business Money and discount rates were
unchanged. except for slightly frmer tendency
in December bills, which were discounted at 9-1s
Gold exports from London to Argentina have be-
gun. South African gold TO the amount Of f1. .o0o-
0O0 will be offered in the open market tomorrow
and probably will be taken by the Continent
COTTON MOvE8IENT--''The Financial Chron-
fcle- gives the total port receipts of cottons FOR
the week ended August %. 1905, II .720 bales
against A. PAS bales in the preceding week making
the total receipts since September l. 1907 s3s2 O07
bales against s.714,160 bales for the same period
of 19O6-.O7. showing a decrease since September l.
1907. of 1882 15s bales Rain has been general and
light. though in some Atlantic states there have
been destructive floods Crop damage by these
floods is still undetermined: otherwise the crop Is
doing well and new cotton is being marketed freely
BALTIMORE & OHIO BONDS SOLD.-It is an
nounced that the entire allotment Of s,5ooD Balti
more & Ohio bonds. recently purchased by Alex
ander Brown & Sons in conjunction with the Guar
anty Trust Company OF New York. has been sold.
The bonds included 100000 Baltimore Ohio
Southwestern 500 600 Baltimore & Ohio prior liens.
siOOaOSO Baltimore & Ohio first mortgage As. The
purchase was made June Is, and IN little more
than two months every bond has been sold
BANK CLEARINGS.-The total bank clearings Of
the United States for the week ended August .
Zone day estinated). according to The Financial
Chronicle s2.146 911, ,35s. against 23E 41sS in
the preceding week and - 102 4SI for the eorre
spending week of 1897 Compared with last year,
the total clearfngs for the week decreased AS Per
cent New York shows a fractional gain or ut per
cent but Philadelphia decreased 20 per cent Bar
rfunore 256 per cent and New Orleans. Bs per cent,
ATCHISON CROP REPORT-The Atchison
croD report estimates the Kansas wheat crop at
- 900 600 bushels from 5.s0O.000 acres. and the
oklahoma crop at 100000 bushels corn IN
Kansas has recovered remarkably. with an acre
age of 1000 900, the same as last year. the esll-
mated crop is rs 900 .OO0 bushels. or 2oOVV'0oo
greater than in 1901 The Oklahoma cotton crop
il estimated at 100000 bales. and Texas VIII
grow 1000 OO0 bales. The crop is three weeks oe-
hind
DIVIDENDS DECLARED. - DIVIDENDS haVs .
been declared as follows: Atlantic Coast Line OK
Connecticut regular quarterly per cent payaoi'
Sentember 10; Kentucky Wagon Company quar-
rerly Il per cent. payable September = Ieouc-
tion from a 10 per cent per cent oasis'
Northern Ohio Traction and Light Company Two
quarterly dividends of l. of 1 per cent payaoie
September 15 and December 10. a reduction 70 a
per cent annual basis
LISTED IN PHILADELPHIA-There have oeeh
listed on the Philadelphia Stock Exchange wv
600 600 consolidated mortgage gold bonds OF tns
Pennsylvania Railroad Company. due May l. ISfs.
and S33 800 additional American Gas and EIeclrlc
collateral trust > per cent bonds. making to1ai
amount of s3.005.2OO-
MONEY To NEW ORLEANS--The first snip
ment of currency to the South in connection WIN
this seasons cotton crop requirements was an
nounced Yesterday. The Sub-TreaSury trans
ferred for local banks s25.O00 TO New Orleans