New-York tribune., 1908-12-16
TOPICS OF THE STREET

FOREIGN TRADTNG--Foreign houses sold l5.-
osa shares in the local market the advance that
- general market inactive and irregular, with
,--eeknesS IN the American department sales for
So york account Call money at the British capi-
= was il fair demand Discounts were weaker
SIS bought small amount Of gold better
-sns than the quotation FOR South African arrivals
o- Monday
zs-ls-e6 as follows Trust Company Of America
- oerc payable December :. 1t is understood this
-.+e VIII maintained regularly every quarter
s----lcan Surety Company regular quarterly per
- e75 an additional per cent. payable Deem
Ser 81. Federal Smelling and Rehnng. Ia Per cent
rr Tie common, payable January II, against the
,ss- preceding dividend OF the amount paid IN
N---e-lber. 1907 American Telephone and Tele-
r-anh Company regular quarterly per cent pay
eh,e January Is; National Packing Company Tegu-
"a -s Per cent. payable January 1; Corn Products
Te@rinS Company regular quarterly per cent on
-Ae preferred, payable January Il
BOSTON CONSOILDATED--Ernst Thalmznn ot
-s5erburE- ThalTnann & C. { ID Snalthers q 90,
si5uey ! Jennings. a eoIs'-tl4ile 49, e-i - =,
S-rs--le-. Eugene G Meyer IT SaIn1el NeWhouse
s-= 2 A Schirner have been elected directors OF
--e Roscou Consolidated Mining Company The
.-s- four persons named are new members OF the
t,s-z rfeir election being made possible through
= ,-r-esse n the direcrora1e from five 10 seven
--s--re-S and also through the resignation Of two
---rs-s q the old board An executive commit
- -as been appointed. consisting Of Samuel New
- * oH5cso and aTess7s. Schirnler, Thaluanu
re---gs and S1nithers- Lafayette Hanchett has
re- appointed general manager
INVESTMENT CIRCULAR--Spencer Trask &
streets New York CITY, are distributing among
t-s-.-1-s77s and individual investors copies Of
-Lef- new circular describing number Of in
-as---e-r bonds listed upon the New YORK STOCK
r----s-rr which have every reasonable promise Of
---rs-r value. Il commenting upon the probable
- -pa bond market. Spencer Trask & Co.
= r-e- believe commercial and industrial condi-
+5c-s vin continue on TIE UP trend: that earnings
- Increase and that The security Of interest and
----7zg ~ railroad and corporation bonds VIII De
tt-.-sr- s--=uErhened- But- according TO all indl-
.-5--s ne Improvement IN business lines VIII oe
r-aauaL and long time will elapse before any
-s-5e1-- toward cTe-s1ralTeC creelt or UclIs ile
--1s expansion becomes manifest Therefore II
- ar--sor. money rates should remain low anu
L-05 urices continue 70 advance
~ P--v ERIE COCPCNS-The coupons OF the
-. RsEraad Corapanv prior lien per cent bonds
- re general lien per cent bonds, falling due
-.-rs-v next. viii be purchased at par FOR cash
ri Morgan & Co, upon ~ llt-1-.l al q -
e-sz- s- sl- Office. No. - Wall street on o. be
- -e-errle- 81 This Is II accordance with the
.--s-ra-e-r made between The company ana the
barking 1--u June last
-p--z- COMPANY OF AMERICA DIVIDEND
- St-.----e Of The Trust Company OF America
-, - -s-fz-az 3 dividend Of > per cent on the in
-----f---s STOCK. rhe first since October 1, 1897
r. -r-7z-~ in last vear's panic wiIhstOod the
,---=e- nm IN IRE history Of Wall Street Il gen
- 4z Understood that the dividend declared viii
. -7u7z=5 1v similar payments quarterly
COPPER PRICES LOwER-The local Metal F,x-
,rs--z Las -e5--e1 IFS quoted price for all grades
- -----~ -z fr RE asked price Sales of electro
III copper were made yesterday at 1876 pound,
- -zez- Jewel reached since the beginning Of the
define that -9l1zed the post-election advance The
5e----S --7-- consumers Is light
----FE1S SING NATIONAL BANK CIRCUl-A-
TON ---r= -e- Panama bond issue Of $4,000 009
& being used The basis of increased national
80 ------z-F-- On Monday more than 81 0o0 coo
~ r-z new Pa-a-las we're 50 deposited
.~A-E. MONEY At PER CENT--CaI money
--7Cl-5 per cent yesterday. the highest level
s--e re s-rs-6erce q TIE panic of 1907. Time
f--ss also 7~e-z higher than al any time in the last
efer-
1r-- ~ REFINED SCGAR-Tbe American and
Howe =--a- -=@1=-ies have reduced their list
u-ces points IN q basis @ 4.s5 less per cent for
s-s-sa-- z-z---a-e5-
ELE-ED a TR-STEE.-Jzules + Cie0s, a
-e--y ---z= & Co. has been elected trustee II
~ Ezs- River Savings Institution