New-York tribune., 1908-06-16
TOPICS OF THE STREET.

FOREIGN TRADING-Foreign houses were not
active factors in the local market dealing in about
eight thousand shares, mostly purchases. In Lon
don the general market quiet, with a seneraliS
heavy tendency, without. however, important de-
clines Money easy. with discounts OF IS
paris discounts were unchanged. while the Berlin
rate was f1rmer British Treasury nllls were al
lotted in London at average of Ill per cent
DIVIDENDS Observation-Disclosures have been
declared as follows: Central Coal and Coke Com
pany regular quarterly IA per cent on the pre-
ferred and ~ per cent the' common. payab BILE
Ju1v * The Fleischmann Company regular quar-
terly ~ per cent the preferred payable July l.
Buffalo Mines Company regular quarterly per
cent payable July 1. Mine Hill & Schuylkill
Haven Railroad sem-annual per cent payable
July L. Equitable Trust Company regular quar-
teriy per cent, payable July l. American Cement
Company regular semi-annual per cent. payable
July 23 Maiden Lane Savings Bank semi-annual
3 per cent. Homestake Mining Company regular
monthly so cents q share.
REPUBLIC IRON AND STEEL.-It is, under
stood the directors of the Republic Iron and Steel
Company will meet on Thursday to take action on
dividends on the preferred stock 1t is thought
the dividend either will be reduced passed. The
company has earned, 1t is said. more than enough
pay the full dividend, but owing to the depres-
in the steel industry the directors may decide
to conserve resources especially as there is a
clause in the mortgage which provides that the
company must maintain S6,500,0O of net liquid as
sets against its bond issue
MEXICAN BANK DIVIDEND DECLARED
The Banco Mexicano de Commercio Industria,
of Mexico has declared dividend of per cent on
its paid-in capital for the year or 50 a share The
dividend will be paid July at the Offices OF the
bank. in New York at the Offices of Speyer &
Co. and In Berlin at the offices of the Deutsche
Bank
COTTON EXCHANGE SEATS AT AUCTION
Superintendent King of the New York Cotton Ex-
change sold at auction yesterday the memberships
standing in the names of Arthur G. Ahrens and
Charles Crutchfeld. The former membership was
bought by F. Hartcorn for $500. and the latter by
w. Ray for $500 The previous price paid for a
seat in the exchange was 5000.
GOLD EXPORTS.-Hedelbach Ickelhemer &
Co will ship 100000 gold bars by the German
steamer to-day. This makes total of Sal $50. 900
on the current movement. Sterling exchange was
strong yesterday: the advance in with pay
ment by the German bank of interest the metal
while in transit made resumption of exports
possible.
STANDARD OIL DIVIDEND-The stockholders
of the Standard Oil Company received yesterday
checks representing quarterly dividend of 50 a
share the aggregate disbursements to stockholders
being 100000 In the last three quarters the COM
pany has paid out 10 stockholders about sSi 00o.09
TENNESSEE COAL AND IRON.-An transac-
tions in the unlisted department in Tennessee Coal
and Iron subscription certificates hereafter be
In full paid certificates
INTERNATIONAL MERCANTILE MARINE
At the annual meeting of the International Mer-
camille Marine. the retiring board of directors was
reelected.