New-York tribune., 1908-07-30
The TRUST GOMPiNi OF AMERICA
s7-43 Wall St. New York
COLONIAL BRANCH: LONDON OFFICE:
222 Broadway. % Gresham ST. London = c
TOPICS OLE THE STREET

FOREIGN TRADING--Foreign houses were not
active in the local market dealing in only few
general market stagnant. though prices
firm in most departments Money was easy at
the British capital A fair amount OF business
was done in discounts at 1Ss per cent Continental
markets were firm and inactive. More American
bills were offered in London. Paris exchange on
London declined. while the Berlin a trifs
higher British cOnsoIs were up 3-l5-
MOVEMENT OF MONEY.-The loss in cash Of
S1.S9I.O00 sustained by the local banks Sub
Treasury operations since last Friday. compared
with gain in the same time week ago. Of $751;
000 is chiefly attributable to the payment Of tbs
two Central Pacific notes, completing the indebted
ness of the company 10 the United States govern
ment- There is also to be figured a further ship
ment of 100000 in gold coin 70 Canada, making the
total shipments thus far this movement approxi-
mately 100000.
SOUTHERN RAIIWAY-Earnings OF the South
ern Railway for the month Of June showed a fall
ing off in gross of 1886 643. but through reduction
in operating expenses net results were only Sl55S
less than in the same time a year ago Based On
the monthly reports for the fiscal year the company
has been able meet the reduction in gross n
come as a result of trade depression by hrgs
economy in operating account total gross for me
twelve months declining S.Il6.24I and operating e4-
penses declining $.2I5.S25, leaving a net loss oi
s502. 452 The Southern has made a good showing
under the circumstances
ONTARIO & WESTERN.-Earnings Of the New
York. Ontario & Western. according 70 an interest
identified with the company. showing faVorao9
comparisons with the heavy returns OF TINS uhe
year ago. especially coal tonnage II IS leaFhsl
that the option which is held on the New ravens
holdings of the ontario & Western and which eH
pires the end of the year. IS n the neignnofno
of SO a share. and it is understood that failure -
exercise the option will be more than satlsiaC1o.
10 the New Haven Outstanding minority - -
appears TO be in demand. and apparently IS Os-s
bought by people who are well informed 'esA
ing the COmpany's position
DIVIDENDS DECLARED--Dividends have osS-
declared as follows Casein Company OF as.--s5 A--
regularly quarterly Ter cent on the prs,sI-1i rsi
payable August 10; Jefferson and ClearneM Clea 80 80.
and Iron Company regular seuli-annual = ps., pe 80
the preferred, payable August %: AneLleSSI AnSIa
ChcIe Company per cent on the common 1,- gas
August 20: Electric Properties COMPANY ss,.
quarterly IL per cent the preferred psa,v passS,
August TO- and the Bowery Bank regular quA-'--''
per cent. payable August /
THE WABASH TERMINAL BONDHOLDnSSs.
NOTICE--The first mortgage hondhoiders t5 tOL.4 =
tee of the Wabash-Pittsburg Terminal FS.-. FSalllo@
y. Wallace. chairman. under the deposit az $500
dated June g. 1903. having elected as adolto -
members D. Crawford Clark and Charles - = S o.
son. gives notice that II has extended tne - @ =,
the deposit of bonds until the close o. Us - 70
August .. After that date no bonds VIII - -
ceived except on such terms as the co1ini''''
impose. ,,-,
DEVELOPMENT COMPANY OF ANEftlss1 -,
At a special meeting Of the stockholdeis ..ocx
Development Company Of America the ca! 20 ~ 70
of the company was increased rom - - rev
S.0O0,000 The proceeds from the Sdie "a s~,sn-
stock will be used for improvements anu en- eA !.
sions. OF the 2COoO shares authorized IU'''' w.
sold at par and the balance at 80 -,
listed on the New York stock Exchanse @ssa n
per cent consolidated mortgage bonds % aus p.E.
the Chicago. St. Paul. Minneapolis * Onia- - hsy
wav Company. The committee on stocN - %
also transferred from the unlisted dep5I - ,-.-
the regular list SS.H3sO0 per cent cuIna@s1 Inas-s.s
ferred stock OF the Rubber Goods
Company. -. o,s,-
STANDARD OIL BUYING--BrokerS w. - ~
ions are widely circulated over private w. ,ss,
port from the floor OF the Stock EHclai1so sSo,v4nf
Standard OIL houses buying stocks -. tor
of Great Northern Ore certificates mas 'e
this account .,,, scr
UNITED STATES RUBBER-An appilcs.l s,.t.s
the listing OF the securities Of the UniI11 sss
Rubber Company in Paris will be maus - sra.r-
days This will be the first instance OF 81 - s~aa.s
lean industrial corporation having It's sAa10
in on the Paris Bourse- .,sss
DELAWARE & HUDSON.-In the tweiVs, ,sny l-.y
ended July 50 the Delaware & Hudson ~ CS ss,ck
earned about lSS per cent on its outstanoius .ns-
This compares with 15ts per cent for the - ssrl
ed December 81. which the company
year. = hser
APPLICATION To LIST.-Application hAs =, Isl
made to the New York Stock Exchanse IT,itss
81 $4,000 additional capital stock OF the
Fruit Company.
GOLD FOR CANADA-The Bank or N-.xr
shipped yesterday to Canada $4,000 gold eola
ing total shipments on the movement N'''"~