New-York tribune., 1908-07-31
INVESTORS READ
The Wall Street Journal
TOPICS OF The STREET.

FOREIGN TRADING-Foreign houses dealt IN
upward of 15ooo shares IN the local market selling
on balance There was buying Of Canadian Pa
Cihc and some unexpected selling Of Great North
ern Ore certificates. doubtless representing real
izing- IN London consols were fractionally lower
while the general market was duh and steady.
Money was in good supply at the British capital az
easy rates for cali funds Discounts were more
active and frmer. There was change IN the
Bank of EngIand's minimum rate OF discount The
bank made a strong showing in its weekly return
STEEL PLATE CONDTTIONS.-One Of the larg-
est independent producers OF steel plate reports
that they are running half Of their furnaces. and
that their output is about % per cent Of normal
They are cleaning up everything from week to
week and have practically no extended tonnage.
There is longer any cutting Of prices. producers
large and small. adhering strictly TO the schedule
For time the regulation charging additional
five cents for 100 pounds on less than carload lots
was ignored, but the Steel Corporation mas strictly
maintained this condition. and the others have
finally dropped into line Very few large orders
have sppeared. but the letting Of the AmityvfIs
pine line contract by the New York City Water
Department. which will occur on Friday Of this
week will mean 20.O0O-ton order for some pro-
Queer.
CROP CONDITIONS PROMISING-Dispatches
to ''Drn's Review from branch Offices OF r. G.
Dun & Co situated in the leading farming sec
rions note another week Of rapid progress in Sc
curing grain most of the winter wheat being out
Of danger while thrashing returns continue 20
indicate more than average yield an acre. and
of excellent quality Some unfavorable reports are
received from Oklahoma. but this class OF news
is exceptional. More rain IS needed for best re-
suits in the corn district dry. hot weather forcing
the growth. and there is little complaint OF the
backward crop and excessive moisture noted in
the earIv season. Cutting Of hay is completed az
many points and the minor cereals promise well,
although tlrashing returns indicate only FAR
quantity of oats at several points Cotton condition
is we'll above normal. Many planters now
picking and the first bale has gone to market
earlier than usual Little complaint IS heard OF
injury by insects
COPPER PRICES HIGHER-The Meta! E1-
change quotes lake copper up &c IN the Did price
at 131sG1314c: electrolyttc UP 1sc in the Did and
asked ar 13G13lsc. and casting up &c IN the bid
and asked at 12s4d127sc. The Calumet and Hecls
Company has retired from the copper market haT-
ing sold all the copper that it cares 70 sell at lSs
The company is pretty well sold up Ior tn9 1 neA'
thirty sixty days Sales are reported OF elec'ro-
Ivtic in large quantities in New York on Wednes-
day at 1314c thirty DAYS credit. and sales rof
November delivery at 131zc pound
ROCKEFELLER INTEREST IN ONTAFlO %
WESTERN.-It is understood that the Rockefeler
interest in New York. Ontario & Western has oesn
increased 10 material extent in the last year u
was said yesterday In one large oahAlhs LOUIS 1
that William Rockefeller. who Is a director OF tns
company and also of the New Haven was ouyer
of the stock its low points Of the year ana ma,
other New Haven interests had MADE lhdIVnu@4
purchases Of the issue
O'ROURKE COMPANY CAPITAL REDUCTION.
A special meeting Of the s5ocSFo.ders ot US Us
O'Rourke Engineering Construction COMPANY uPyas 20
been called for noon. August 1S. ar No 80 FIN
avenue for the purpose Of voting upon a pFo2Osr %
ton TO reduce it's capital stock from S-'f'''' "
MEXICAN CENTRAIA-The 100000 Mexican
Central 4 per cent bonds recently purchased oy
syndicate of French bankers from hun', Icy Es
70 Snever & Co I4adenburg. Tbalrnann & Co.. ana
others and offered in Paris. have neeh NessI15
Overs1Ibscribed These are general mortgages 81
4 per cent sir king fund bonds. guaranteed as 70
nrincipal and interest by the Republic OF NeA0-
APPLICATION To LIST-Ap pPlication has 0Ssa
made TO the New York stock H1xcnanSe 20 So -
S1 555 100 new capital stock OF the American 0'''
Foundries Company. 4,
WISCONSIN CENTRAL--The syndcaLe r.- -
which is vested the control OF the wisconsin -,
tr,I Railroad has extended It's agreement Nni01
vas 70 EXPIRE August q. for another year
STOCK EXCHANGE SEAT Soda sea. :.
the stock Exchange has been sold TOT So -
against SIS GOO for the last preceding saLs- In
record price for a seat is SS.eA
GOLD To CANADA--The Bank or AohIes- -,ya
gare6 Yesterday for shipment 70 Canada 49,
soId coin. making the total on the moFsn'~
s.. $4,000.
NEW YORK CITY BONDS.
FURNISHED by Ever s Co. No. 81 VAL sre7-'