New-York tribune., 1908-01-01
TOPICS OF TIE gTHKET.

wopErcN RADTNgG-Transactions in this mar
ket for foreign account were Small ts" tnoaaae
shares being bought at the opening and part of the
purchases being sold later. American stocks IA
London were steady and Inactive EsS Esnsrsl
market was hrm. but trading was small ConaoiS
were strong selling Al 857S. their highest prizes
since July q.
dividends DECLARED-The National Bank %
cha has declared out OF earnings for the last ssx
nontb. the regular semi-annual dividend OF 4 per
cent payable on January I. The directors OK me
Electric Company Of America nave oecI4Fed tnS
regular semi annual dividend Of 5ls per cent pay
.ble on February ,. Annual dividends have besa
declared as follows stocks Of suosdtar1es OF tnS
VALLEY road a per cent: Wheeling Terminal Rail-
wav > per cent; Ohio Connecting Railway. per
cent: Cleveland Marietta. per cent; Toledo q
walhondnE Valley Railroad per cent "AA1oh"
ding Coal Company per cent
ANOTHER SYNDICATE CALL-The msmeers
Of the syndicate which underwrote tne 1lO'.Oooyos
convertible 4 per cent bonds OF the American Tsle-
phone and Telegraph Company have been caIsd
upon for remaining IO per cent payment on tnS
underwriting subscriptions du7 on 1AnoALS l
THE CANADIAN PACIFIC RAILWAY STOCK
IssTTE-The Issue Of S24.33s0o0 new stock OF me
Canadian Pacific Railway Company VII be onered
TO Eharehcders at par on the basis OF 20 per cent
ceIved at the osHcss OF the Bank OF montreal N
Montreal London and New YORK. as Ioloss'
Twenty Der cent each February ID, Apfi Il,
June is August 10 and October 70 An Interest
payment Of IL per cent will be made IN octooSE
on instruments up and including that OF June
IS which have been paid on the dates on "nsH ~.
they were due. Stockholders may anticipate pay
nenf OF any or all Of the instaments. ana IhteIesh
At : per cent will be allowed on amounts PAID =
advance
To TRANSFER ITS own STOCK--On ana az
ter January 1 the stock Of the Contra! Foundry
Cor.1anv VIII be transferred az the company . OF"
fee No. 81 Wall street
FOR MERGING SOUTHERN ROADs-Ihs
stockholders Of the Mobile. Jackson & kansas SLty
Railroad Company and che Gulf * Chicsso R4l-
usv Company have approved the reorganlZauoa
nIan under which the stock OF these companies vii
bA fransf.rred to the New Orleans. Mobile & Cnl-
cazo Railroad Company recently organized "iN0
Authorized capital stock Of SsO000.o0o-
COLD FROM HAVASA--The steamship F1AN4n-
which arrived here Yesterday from Havana orousnt
eleven boxes of gold consigned as fooWs- & Sa[ona4 &
CITY Bank 1900 900. National PARK Bank s-JO-os
Kountxe Brothers 90 800 This makes tolal soi@
arrivals on the present movement SS''oofS''-
STEEL, AND IRON CONDITIONS Inc Hon
T-oda Rsvfeu'' to-norrow will say -
sAI,houRh Developments at the close OF Tie ol9
war wers not as positive might have Deem noPe-
Tor there were enough favorable AldlcStloiS -
Justify a cheerful feeling An exagSet talsu 'IPot-
Tanca has been attributed In some GuArte 90 -
xun,Dttons OF operations OF plants which were lOse1
5oI~n before Christmas. II was certain that NJ
aIy,o.t romple1a inactivity Of the holiday season
o,,Id not continue indefinitely, and sofsle pian1s
nave resumed while others are preparing 20 oo 50
h,,, q "a too early to predict 70 what eNeTnI III
rrea sed PRODUCTION will be justified BY deTna 10
.sC,ontfnued Increase Of interest IN the PI4 - -
.rtst IA reDorted and some sales are being n1sk0-
~ ,b. chicago and Cincinnati market tnere u =
a-r,.r tone with promise Of fair orders aIthOusH
heavy buying Is not expected