New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-03
TOPICS OF THE STREET

FOREIGN TRADING. houses not
factors the local market. owing 70 the holiday
- csr5-zl z,as IN GOOD demand at per cezt but
tins rate eased OF before the close Discounts were
steady. TIE South African gold offered in the open
market was secured by Paris
FAILURES II acknowledgements failures
n the United States during the month Of October
were Is7 in number and S15,S9s6sS in amount OF
defaulted indebtedness, according statistics com
PILED BY r c. Dun Co This is a slight increase
IN number compared with the 1, 1873 defaults in
the corresponding month last year. but there IS a
striking reduction In naoihtes, which amounted 20
So. s9e IN October 1907 This Improvement oc-
CURED largely IN the manufacturing division where
20 failures for S5,ls2SS1 compare with $50 oeiauts
last year involving st2.7ss. 0SS- Trading failures
this year were sac In number and SblSV,le- III
amount against 76i failures with liabilities OF So
2Io7ss last year. There were hfty-fve other com
ercia failures. liabilities Of s25ss125 against
forty-eight similar suspensions in 1907, when the
amount invoived ss,4sS1S3- BaBking failures
numbered twelve. with liabilities of s4.362, a.
which insignificant when compared with the
fhirty-ene failures last year, that involved more
than SIS. Gee COO
coPPER PRICES HIGHER-The price OF copper
cn TIRE local Metal Exchange was advanced yester-
aav &c in the bid quotation all grades Copper
i now selling az the highest price in the current
upward One OF the largest selling agen-
ries Is quoting electro3ytic at I57sc pound, slight
advance, from the closing price OF last week The
week began with large sales. principally to DO
nestle consumers. some Of whom seem to think
that copper viii sell higher If Taft is elected
representative large company predicts that
copper viii soon sell above u cents pound
STRICKEN FROM THE IIST.-The Stock Ex-
change announces thar the New York Central lines
essfpent trust Of 1907 series A. due November !,
1908: the Province of Quebec per cent bonds, due
1905: he CITY Of New York consolidated stock per
cent Que 1905 consolidated stock > Per cent Cue
7enS--1S. and scboolhouse bonds, , per cent, que
1905 have been stricken from the list
ADMITTED TO QUOTATION-Speye- & Cos
temporary certificates for the Institution for the
Mexican ENCOURAGEMENT Of Irrigation Works and
Development OF Agriculture thir7y-fveyear a. per
cent sinking fund bonds 10 be traded in fat, have
been admitted quotation in the unlisted depart
rnenr Of the local Stock Exchange.
OPEN ELECTION NIGHT Thomas Rein
hsrdt announces that complete election returns
u4u he received on Tuesday night at his Office
q this firm at No. g Exchange Place. VIII also
ne orer 10 receive results Of the election 4 cor
al invitation has been extended 10 al CusioiiieAS
ar4d friends Of that house 10 he present
PURCHASE OF ERIE ST BSIDIARY COUPONS
Il 2 Morgan & Co. viii continue until further
,o+f-e 10 purchase al PAR coupons due November J.
YsaS If the New York & Erie Railroad company
est mortgage 4 per cent bonds and Of the New
YORK Lake Erie and Western Coal ana HdiIruau
Germany first mortgage Per cent bonds
NORFOLK & SoT-THEFsN--The reorsaTlzaion
committee Of the Norfolk & Southern Railway mas
extended the time for the deposit Of the nrst ana
refundinE mortgage per cent rfty-year ooilos
from November ! 70 December l. More imam wv
thirds Of the bonds have been deposited
DIVIDEND DECI-A RED--The directors or me
C5orhara Manufacturing Company have declared 3
dividend Of III per and one-halt OF Per cent
extra On the common stock payable on NoVeIll-
her n.
REGULAR PENNSYLVANIA DlNlDEND--Ihe
directors of the Pennsylvania Railroad have de-
CARED the regular seri-snnUal dividend Of per
cent. payable November 81
A z