New-York tribune., 1908-05-21
TOPICS OF THE STREET.

r,opEJcN TRADTNG.-Foreign houses dealt In
so n,a shares equally divided between sales ana
,a Io,o -r,,era MAS a fair demand for Erie
ond other low priced stocks In LONDON uhe
f,7aret outside of American issues was reac'ioIi-
erv under the influence of realizing saies- "A hlole 9
,.ctive inquiry for call money was Reported cue que
10 the calling of loans by joint STOCK nanks- LIE,
count rates steady NO change Is eaPeot P
t.hs week in the Bank OF tnSldhd M NM "a
f-a+e as foreign exchange on London stiiI keeps
low ,.-
HEAVY DECLINES IN EARNINGS.-Baltimore
e. ohio reports for April loss in gross earn
tsn-s Of So go ss and loss Of sl.Sls5. max
.-p decline in the latter since last July OF
& $50 81. For the second week IN May roaos re-
,rortins yesterday show heavy deciihes-
polls & Louisville losing s24oSe; Colorado
q Southern sa.el3: Central OF Georgia. s4s'luo'
1-,er,a,ional E. Great Northern. $500; Louisville
- Nashville SIT AZ: Minneapolis. ST. Paul & Sault
te,e Marie s7s 2s5: Missouri Pacific. $1,000 south
;er, Railway s23s. .e02. and Wheeling < Lake hr1e
is4s $50 Comparison is made Win 'he saiiie "
last year
PENNSYLVANIA RAILROAD DlNlDE>DD u
DlgTRIBITTIoN-The semi-annual per cent
dividend of the Pennsylvania Railroad company
ib1a on Nav % will be paid on S314 ,594s5o capt.
- stock and will amount TO SS4S1,ss. 10 De ois-
,7ft1,ted among 5e.4l5 stockholders inns coIhpdIs
-i+I1 p "a r,er cent dividend declared last NoNen
~, On sgi. 22a eoa amounting s1lcol.65l, distrlo-
uted among 52.s22 stockholders -,
pRoDICE ECHANGE PENsIoNs-The board
90. aoanspers of the Produce Exchange has onered
%, sroendrnent 10 the bylaws which, on approval
bv the members. will give pensions 10 efnployes
who have been in the service OF the exchange loI
snnronriafe a fixed annually for the reIiei OF
eraploves who may become ii or oisapieo IN ACTIVE
service -
: TTDF-WA ATER NOTES.-There has been conslo
.-able trading for the last two or three days N
fbe Tidewater Company new per cent notes
sro,,nd ess. 10 So The specialists think pretty
well of this issue, although they assert that mere
IS NOT particularly broad market at the present
time for a security Of its character
roNDoN SALES OF STOCKS.-It is estimated
81, heading foreign banking houses that LONDON mas
1,ida,ed American securities in the last fortnight
70 the value Of s25 100000, representing sales OF
stocks bought earlier in the year
STRICKEN FROM THE LIST-West Chicago
s-reet Railway forty-year consolidated per cent
ho,ss and Chicago Union Traction preferred stock
ts,,e heen stricken from The list Of the New York
Stock Exchange
FEDERAL MINING DGNIDEND.-Ihe directors
os she Federal Mining and Smelling Company have
declared the regular dividend OF ia per cent on
the preferred stock, payable June To-
CHANGES IN BANK OF AMERICA--Wslter NJ.
rennet cashier Of the Bank OF America, has been
elected also a vice. president Albert O. ravens.
for fourteea years credit man OF the bank, mas
heen nlade assistant cashier.
sANACONDA-At the annual meeting Of the Ana
tonda Copper Company held in Montana Urban II.
F3rourtton Was elected director. succeeding w L.
Tuu Other directors were reelected.