New-York tribune., 1908-07-07
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses dealt n
10000 shares in the local market buying on baanes
In London the general market quiet, closing
firm. Money a trife hrmer at per cent for
call funds and IL per cent for bills, the demand
being more active as a result Of the applications
for the Irish land loan, which closed at IA per
cent premium Open market discounts were up 5
and of the same amount in Berlin Paris and Ber-
lin secured in equal portions the South African sod
that was offered in the London market
IRON TRADE CONDITIONS--Rogers Brown Z
Co. say: July opens quietly The market mas
shown no radical changes for some weeks. either
as to prices or volume of sales. and there seems
be no immediate prospect OF radical Developments.
II one looks back. however to the beginning OF me
year present conditions show marked improve
rent. Then the country was still staggering H0la
the blow Of the October panic Business was sun
practically at standstill, banks had only oesun
resume cash payments. and most concerns Nel'
hard put TO II to finance their outstanding ooAs4-
tions. Prices Of pig iron were rapidly aeeAhH'
and sales were few and far between
FLOOD EFFECTS ON MISSOURI CROPS-Ths
Missouri state report makes the condition OF cum
70. against u in June and u last year FouIless
per cent of the entire acreage has been aoanuoAst
owing to the flood Wheat yields thirteen ousheS'
with 9 per cent Of the acreage abandoned 4nd
Gated crop 100000. against 292S209o bushels gov
ernment figures, last year. Condition OF oatS "
against 81 in June and rs last year Two per S1A'
of the entire acreage is ploughed up
PRESSED STEEL. CAR-The Pressed steel -.
Company, at McKees Rocks. is at work on US
construction OF nine OF the largest Stee4 Sa4S -
built for railroad purposes They VIII nave
pacity of 10000 pounds each and are TO De ~ use- =
the Homestead mills The Homestead nnAS az ~
commencing 10 ship heavily. and The tonhdse -
the week promises 10 be the record for tne Eeal-
DIVIDENDS DECLARED.-Divldends nave -
declared as follows: New Orleans cry HA-.O-- -
yearly l per cent on the common and sem -s
nuaI 21A per cent on the preferred. payable July :
American Seeding Machine Company. regular - e
terly IL per cent on the preferred. payaoie 'u'
National Carbon Company regular quarterly -,.a ~
cent on the common. payable July 10 Ne" 80 -
Gas Light Company. regular seni-annuaL - -
cent, payable July 10 United states Heal'y Dsr
Improvement Company. regular quarteFiy' =
cent. payable August /
UNITED STATES STEEL-There are now ass, asa.
United States Steel preferred shareholders 5.i~ 80
ever before in history. That the shares % aIe .0sk
distributed is evident from the fact that th9 ,,s-
averages about sixty shares a stOckhodef- sossi
the last twelve months Europe mas p1iN
about s25 600 OHO OF the Steel issues
BANKS GAIN MONEY.-The local oah,,ai
their operations with the Sub-Treasury nave 50. - =
since Friday S1.41500O The Sub-Treasury y. IRA
debtor at the Clearing House YESTERDAY "
amount of s21Si124 -...-
GOLD FROM SEATTLE.-The local Suo-.,I,
rrv reports the receipt OF $4,000 gold rom "a as
representing metal received from Alaska S"-
I[lOndike.