New-York tribune., 1908-08-21
TOPICS OF THE STREET.

EOBEIc.N TPADIcC; Foreign houses traded on
both sides Of the market, selling 1G9oo shares on
balance The London speculative account III
American issues is not large on the London ex-
change prices were irregular. with some strensn
at the close especially il consols Americans were
heavy curb Money rates were uncnansee
al the British capital The Bank Of England
showed in it's weekly return proportion Of reserve
to liability of 5z34 per cent the highest figure ir
a corresponding week since 1904 There was 10
change in the minimum rate OF discount
CENTRAL FOUNDRY COMPANY FINANCING
The Central Iron and Coal Company. the ehuls
capitaI stock of which is owned By tne CentI1
Foundry COMPANY has disposed Of S00oOUe nrst
mortgage thirty-year per cent bonds cur o .
total authorized issue Of S2.OO0.Ooo VI the H1S
bonds 100000 was issued 10 take up , an Ion
amount of per cent notes OF the Cenua. EuH
and Coal Company which matured August ds'.
and the proceeds of the other S90e.0eV go % 10
trea s1rv OF the cor1nany to reimburse II tor "a
penditures heretofore made on the properly ~
extensions and improvements The bonds are Is
dermabe at 1O5 and interest on ninety uayS ~
tice.
WISCONSIN CENTRAL.-Payments viii be a niao'
to-day of So 400 600 the United states motifs
and Trust Company representing the pa!ance 80 Ja,
on a s5 600 600 loan made by the syndicate WI. w.
acquired control OF the Wisconsin Centrai @ al~ 20.
Company sbOut two wears ago .HlS @ ,5.sra
mean however. the dissolution OF the sE sEhe',. -
although the syndicate agreement expires y .+, -~
tatfOn on Augr.st q. IL Is rUTloTed tHdt ~.
new interests will obtain a participation ~ -. ~.
property soon. but representatives OF me ~ "a
state that nothing definite IN tiat cI'eN'-O
yet been accomplished r. =,
FRISCO LOAN ON ; PER CENT BASIS--I,
learned that the loan Of S2.000eo0 when he =.
Louis & San Francisco Railroad C'iilpaH' p -
negotiated with the United states Express -
nan, Is To- hear interest at per cent. ana 10.
per cent. announced yesterday ~, II.
While the loan may run Tor thIee |ealS .isbir
road company has the right az any uiiiT y -,
that period to nquidate any part OF d" %
amount involved.
BOSTON & MAINE.-The operations OF ne - p
ton & Maine for the year ended june 90 % s1lr,
deficit after dividends Of sS66459- Io1i I.ts5 ad-
income was s751. 1876 From this was dSuue -,
dftions and hetterments charged 10 income, or-
a balance OF $50. .95s. to which was addeG :, Sf4
tfngent fund of S542. POS. making total o' e.
165 for dividends Of Se.OSO621- The dencH ,,r On
dends was made up from profit ana ESs ~ rbs
The uncertainty regarding the Ha.iisl'l., fIe for
present per cent dividend rate : -9 which a
weakness in the Boston Il Maine stv,>' - ",,,nsrei
now selling in the neighbCrhood oi l-''
with high price in 1907 of iIe -,
DIVIDENDS DECLARED.-Dividends -. nv Cor,-
declared as follows American Bank No'e - ~.
parv regular monthly so cents. payah %ANef-
Federal Mining and Smelling Company .sshl,
quarterly is per cent on the pre'e'Isu [rsg,,lar
September Is: National Lead Coinp~"S ~ Oe-
,,arterIv u per cent on the common. payaoe
tober l: Railway Steel Springs C'inIslS ,vssls
quarterly Ia per cent on the ,,,,i,r Coal-
september q: Calumet and Arizona MlnI.N
pnuy regular quarterly 81. payable Sep'v'.
BANKS GAIN CASH-The LEGAL oSi7S 77,,s,surv
gained on their operations with the SuD 1,,1ra
.o,s,, is moving more freely TO the West 80 a,
cations point large gain in caSh lsngs
to-mOrrow's bank statement New Ao'N LAY
at Chicago declined to ~ cents discount - IA
In the local money market call r@teS i3r 80 80 ~
not rise above per cent, with quotations. .
as "a of I per cent -,. ss-
NEW YORK CENTRAL DIVIDEND +,
cline In New York Central Of 10 points - ~
high price 0f the year has been acconliS,,., ,,,tsnt
r,mors Of n dividend reduction at the neN1 - .hs
pertod No decision viii be reached resSINS ss+s 70
October dividend until next month. aeeOi~,. ISIS
the information received yesterday iroDn '"'
identified with the company .,- r-hs
ENICKERBOCKER TRUST PA1Nh-- i,,i--
Kricksrbocker Trust Company YESTERDAY rer
pated the fourth and fifth instainents u erred
cent ON depositors certificates under '''e - Sc
ravnoent plap The amount paid out VS. VIZ
600 making total PAYMENTS SO far Si.o'o'''' q
AMERICAN MALT DIVIDE\DS--A di'sN d rat
tho American Malt Corporation said yeStet',' Iri-
present earnings Of the company JNstireS Sfvs-
dends ON the preferred stock. ard prooap's 5irsc-
dend would be declared at a meeting OF ~ - Sep
tirs which Will be held IN the latter 13I' -
tenlber- Ssor-
NEW STOCK EXCHANGE MkAlHH,IN b.es
neius Van Roskerck and Louis Wrnder s.rs. IasS
elected members of the New York Stock ENs,fion
PETITION FOR EXTRA HOIIDA1--A - "a x
was started yesterday requesting the 0o ~ -.
/ managers to close tina Fe~oduee ENcha1Ss OA
urday September 5