New-York tribune., 1908-01-24
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses bought
stocks on small scale in the early trading here.
but later turned TO the selling side. About 1900
shares sold balance. American stocks IN
London opened inactive and lower. but improved
on the announcement of the reduction IN
banks rate and closed at fair net advances Con-
soils continued their upward and the general
market was strong and advancing
DIVIDENDS DECLARED--The directors Of IN.
Pressed Steel Car Company have declared the
regular quarterly dividend Of ia per cent on the
preferred stock. payable on February 8 The d.
rectors Of the Buffalo, Rochester & Pitts5urg
Railway Company have declared the regular semi
annual dividends Of per cent on the preferred
and 21a per cent on the common stock. both pay
able on February Is. The regular quarterly divi-
dsnds OF q, per cent on the common stock and
10 on the preferred have been declared by the
Eastman Kodak Company
NEW EXCHANGE MENBERs.-Frsderic 3
Cochran. Perley Ia Freeman and William G D.
Morgan have been elected members Of the New
York Stock Exchange II. p Alan Montgomery
has been elected a member Of the Consolidated
Stock Exchange.
FINANCIAL. CALENDAR FOR IsS-Ths
Financial Calendar FOR 1@S shows much improve
rnant over the issues for previous years The list
of corporations has been increased To more than
800 So that practically every corporation Of i'm
portance in the United States be found in the
Calendar The Calendar contains the dates %
dividend meetings for the entire year OF 1%S. div-
dend brates. opening and closing or oooks when
dividends are payable etc, as we'll a. gross and
surplus earnings. dates when reports are due, an
ntIaI meetings and government crop reports. eap-
taIization of railroads and much other useful dara
STOCK EXCHANGE MEMBERSHIP SOLD.-A
Stock Exchange membership is reported sold at
S63.G9 The last previous sale was at ss2.0a
QUOTATION DISCONTJNUED.-Th quotation
for General Electric warrants for subscription to
Ter cent eu-year convertible bonds first instalment
OF 30 per cent paid, has been discontinued in the
unlisted department. of the Stock Exchange
INVESTMENT DEMAND FOR ROCK ISLAND
BONDS-At the Office OF Speyer & Co. IL
stated that large number Of applications were
being received for the Chicago, Rock Island 4 Pa
cifc Railway Company first and refundins mort
gage per cent gold bonds from small investors.
EXAMPLES OF PANIC CURRENCY Thee
dore H. Price has had printed for private crcula-
tion Photographic reproductions Of over one hun
dred specimens Of the certificates issued by ths
clearing houses the different cities OF the
try during the recent financial disturbance Mr.
Price estimates that the total value Of these clear
ing house issues on December J. 19J7, was, approx-
matey, 500. 0EnO00 Much OF it. he saws. By tho
terms of the certificates themselves, will be re-
deema BILE before March 1 next. but a considerable
portion has no specified date for retirement The
collection does not include due biHs. pay
masters warrants and other methods OF pay
ment used by large firms and corporations
PRICE OF LIGHT RAILS CUT-Ths Carnegie
Steel Company. according to Pittsourg advices has
reduced the price of light rails s. a ton TO IS
A H. ALDEN VICE-PRESIDENT.-A H
Alden has been elected vice-pTesident Of the New
York Produce Exchange Bank. an office which has
not been filed for several years