New-York tribune., 1908-07-10
INVESTORS READ
The Wall Street Journal
TOPICS OF THE STREET.

FOREIGN TRADING. Transactions FOR .5rs,
account in this market about rs. 900 sha-
principally purchases OF United States Steel An-.
lean stocks in London were strong in the ssry
trading but declined on the curb. The zs,.-,
market IN London was dull and irregular.
DIVIDENDS DECLARED-The director, a, 8.
Cambria Steel Company have declared the rsvr.
semi-annual dividend Of IL per cent, payabls :
August 15 The regular quarterly dividend ~ h
per cent has been declared on the preferred IT,.
Of the Havana Electric Railway Company uavsg.
on August Is. The directors Of the American ss-
building Company have declared regular ou-
terly dividend of ia per cent on the prsSs-.,
stock payable on July Is. The directors Of a.
Electric Bond and Share Company have decar.s
the regular quarterly dividend Of IA per cent =
the preferred stock. payable on August l.
DIrN'S CROP REPORT.-Dfspatches 10 Dr.,
Review from branch offices Of R c. Dun q :,
located in the farming regions indicate that \,
crops are making better than average pror-s.
condition having risen materially since JULY
Early wheat is largely harvested and thrashing r.
turns show the grain TO be sound Some delay n
still caused by rain. but serious damage Is >.
corded. while there IS much less complaint of b.
sects than usual Corn is growing fast. sect,r,
which suffered from too much rain at the star
now showing splendid condition, but at other pou,
more moisture Is needed. A few sections reuC+
oats backward but as a rule that grain is do,x
nicely and much of the hay has been cut. Fstr
good returns are received from leading tobscs
and potato districts. and work cotton panr-
tiors proceeds favorably On the whcle. the wees;
agricultural news is most encouraging. and 4 an.
quantity Of farm products has passed beyond IN
possibility of damage
REINSTATED TO MENfBERSHIP-Lou
Watson. of the firm of Watson & Co. whica fsils
on September 3, 1907. has been reinsJated %
membership the New York Stock Exchange
COPPER QUOTATIONS. ADVANCED-T.
New York Metal Exchange quotes electrolya
copper 1sc up In the asked price. at 19i4c 70
12&.c; casting 1sc up in the bid. at 12@s 10 12g.
and lake unchanged. at 12@4c to 127sc-
COMMODITY PRICES NEUTRALITY-SUSPICIOUS. %
Bradstreet's index number. commodity prices a
of July 1 show advance of Il per cent owe.
the June 1 fig re- The index number July Z
was s7.S224. against s7.7227 on June l. For to
second time since the downward movement set n
been checked, the first time being in April wills
the present figures furnish the most recent occur
renee. The index number Of July represents 3
decrease of Sc per cent from January I. 1875
11-6 from October 1, 1907, and Of 4S from Marc
I. 1907, the high point. when the index numbs
stood at s91293- From July l. 1907. TO July d
1sOS the loss has been 1874 per cent and the pres
ent index number is SO lower than it
July I. 1906 In order to get back 70 the loE
level touched July 1. 1896. prices would have .
recede 81 per cent
ELECTED TO STOCK EXCHANGE-Drayar
BurriIl has been elected a member Of the Nsz
York Stock Exchange
TRUST COMPANY'S CAPITAL INCREASE
The stockholders OF the Nassau Trust Com
pany. Of Brooklyn. have ratified the increase q
capital from s5OO.0O0 to 100000 The compaT
IS establishing branch at Fulton STREE
IN the stock is in compliance with the new stas
law which requires $4,000 additional capital 2;
each branch opened by d trust company.
ELECTED A DIRECTOR--C1arence J. Nc
Quaig, of Montreal. has been elected directr
of the Tri-City Railway & Light Company.