New-York tribune., 1908-11-22
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses sold stock
on balance to a small extent IN the local market
IN London American issues were weak Consolg
were steady and unimportant changes wers shown
In the general list New York was a seller on tbs
London exchange wherever the market was broad
enough 70 take stocks Money ar the British CAPT
tai was unchanged and important movements
were reported in rates at Continental centres Paris
probably viii secure all the South African goId that
will be available in the open London market to-
morrow.
DIVIDENDS DECLARED-Dfvidend havs been
declared as follows: Pure Oil Company. regular
quarterly per cent on the common. payable De-
cember l: City and Suburban Homes Company,
semi-annuai. per cent. payable December 4: Brit
ish Columbia Packers Association SENT annual ~
per cent payable November 80 Great Lakes Tow
Ing Company. regular quarterly 1% per cent on ths
preferred. payable December Is; WaItham Watch
Company, regular senni-annuaL 3 per cent ths
preferred. payable December /
NEW YORK AIR BRAKE-The belief exists IA
some Wall Street circles that the directors Of the
New York Air Brake Company viii resume divf-
suspended dividends last December, after having
paid per cent year since 1900 II IS thought that
payments will be begun small scale. Tbs con
Germ earnings show marked improvement
BANK CLEARINGs-.'The Financial Chronicle
gives the total bank cearings OF the United STATES
for the week ended November q one day esti-
mated, at Sl 800 $50. against S5Se 5s6.7:7 in ths
preceding week. and S5 0S9 sT6 for the correspond
ing week OF 1907. Compared with last year ths
total clearings for the week have increased IS
per cent. New York shows an Increase OF II per
cent Boston 500 per cent Chicago SI2 per cent ard
St Louis = per cert
MOVEMENTS OF COTTON-"Ths Fi1anciaI
Chronicle" gives the total port receipts OF cotton
Tor the week ended November 20 1898. an 70
bales, against 47252S bales IN the preceding wees
making the total receipts since September I lSN
S4SS2 bales. against 2s66. SIS bales for the sans
period or 1907. showing increase since Septem-
Der !, 1905 OF SSS.l6I bales The weather has oesn
quite favorable In the South this week.
CORN EXCHANGE BANK-Ths Corn ExchanSs
Bank Is preparing to open two new branches sns
at lsst street and St. Nicholas avenue and -
other on the Greensboro Bridge Plaza VIII
lamsourg. These additional branches viii give ,ns
Corn Exchange Bank twenty-six branches IN al
APPLICATION To LIST.-AppHcation has been
made to the New York Stock Exchangs 70 list ~
Metropolitan Trust Company certificates OF deposif
for the first preference income bonds OF the Cen,S
OF Georgia Railway Company; also Sl,1ao.aW a11-
tional first and refunding mortgage per cen Sen
bonds. due 1919. OF the Minneapolis ST Louis H@N-
way Company.
MEMBERSHIPS POSTED FOR TRANSFER
The Stock Exchange membership OF the late Soruo-
Macdonald. OF Speyer & Co. who died last suname.'
has been posted for transfer Howard L 0ooo
hart. The seat OF Max II. Schultze. who was uas
board member OF the failed irm OF Otto Heinss -
Co, has been posted for transfer TO Ernest -
Sts6bins and that OF the late Aaurics SALLY
- Louis z HAmmegsleaSA