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

-,0RF1GN TRADING.-ForeIgn houses sold 5000
shares O balance in the local market, with the
heaviest selling IN United States Steel. Reading
snl Southern Pacific. In London consols were
strong. while the general market firm a
limited volume Of business. Money was easy No
change reported in European discount rates
The Continental bourses presented little activity,
though prices rule were firm.
MOVEMENT OF MONEY.-The reported move
rncnts ~ currency this week indicated loss in
cash held by the banks OF S6b55,600, nearly all Of
Hhich TO the SUL5-Tressury- Banks received
from the interior Sa5S 9eG and the interior
S6lsA506. including $4,000 transferred through
zhe Sub-Treasury 20 New Orleans and S1.S5s,oO0
national hank notes sent to Washington for redemp-
uan. The loss TO the interior S6306oO. Re
ceipts Of ccId Sf10o. 100 of which S91S100
- New York assay Office checks $4,000 San
<-arcsco Mint checks and S5S,700 Seattle assay
o-5ce checks. Ordinary disbursements by the Sub
IreaSir ny were S-e,4o-S0o; payments by banks 20
The Sub-Treasl;ry for customs internal revenue,
peT cent redemption fund etc. were S27336 600.
IS s.s3S,lOo.
DHIDENDs Observation-Disclosures have been
declared as follows: Old Dominion Steamship
Company. regular seni-annual 3 per cent payable
January !; Mshoning Coal Railroad Company, reg
Oiar semi annual c Per cent on the common and
fr Per cent on the preferred National Casket
company regular quarterly IL per cent payable
December 81; Cincinnati, New Orleans & Texas
Pacific, regular seTni-annual 2I1 per cent on the
cor'r2on' pa2ahle December .; Second United
Cities Realty Corporation, regular semi-annuaI 2I5
Der cent and sn extra i Of per cent on Series A
of the preferred stock, payable February !; Green
wien Savings Bank. semi-annual 2 per cent. pay
able January IS; Metropolitan Trust Company,
regular quarterly per cent. PAYABLE December 81:
American Cigar Company, regular semi annual
fer cent on the preferred, payable January 2;
STANDARD Gas Light Cor7panv regular serni-annuaI
5 Per cent on the preferred. payable December 81.
ana Cleveland. Cincinnati, Chicago & st. Louis,
regular quarterly IL per cent on the preferred.
GOLD EXPORTS-The National City Bank
Ehlcn engaged s2.5oo.oo0 gold bars on Thursday
for export TO Paris. increased its engagement
SesjefeaE by Sl-5o0.oOo making total OF S4'-
100000 altogether This gold win be shipped by
steamer St Louis, sailing to-day. Including the
shipment Of S1.5o0.000 gold bars made by Lazard
fAres on december 3 last, the total gold ex-
ports have been $5.500O0O. and this practically
eNhausIs the supply Of gold bars at the assay
Office suitable for export If further gold exports
are found necessary the shippers Will have TO
nave recourse 10 gold coin II IS understood that
foreign banking house desired engage ST.
eoe0oo in bars for shipment to-day, but did not
make its application until after all Of the large
baTs had been taken by the City Bank
DETROIT. TOLEDO & IRONTON COLLAT-
ERAL SALE AGAIN POSTPONED-The ad-
:ourned sale OF The Detroit Toledo & Ironton
Railway collateral which 10 have taken
Place yesterday, was again adjourned until De-
oember %, the injunction issued recently by Jus
tCe Mccall not having been raised. The COllat-
eral consists Of S50o00oo Detroit, Toledo & Iron
to1 = per cent consolidated mortgage bonds.
10000 shares Of Ann Arbor Railway preferred
s1o 2l.SG0 shares Of Ann Arbor common stock
GRAIN EXPORTS FOR THE WEEK-Brad-
streets reports the exports Of grain for the week
=. comparison with previous dates figures being
given in bushels. follows: Wheat, including
four 3,75s.4s3, against 6106,25S in the previous
week ana o'le5-5tS Tor the same week last year
Fiscal year TO date 104,ls5.547. compared with
lt--S6o6S2 year ago Corn. l.loLOS4, against
l>o6.2sO II the previous week and 475S24 in 1907.
Fiscal year 10 date, 6403.75s, against 22.l40,17I
g. the like period year ago
STOCK EXCHANGE NOTICE-The New York
Stock Exchange gives notice that quotations on
1.-1qis Central Railroad Company contracts when
and as issued for refGnding mortgage per cent
bonds have been discontinued in the unlisted de-
partment, and the interim receipts for the bonds
have been admitted to quotation in the unlisted
CepavJn.sIt-
UNITED BON BOARD AND PAPER-The gross
profits Of The United Box Board and Paper Company
for the thirty days endea October 81 were $5ll5S,
against Sz.zs3 in the preceding month The net
company worked or q basis Of 62 per cent CT Its
capacity
SILVER AGAIN LOWER.-Commercial bar sil-
re- declined Yesterday sc TO +Sss which compares
win a low record made in 1858 OF sc Renewed
selling b. China and India reported
APPLICATION TO LIST.-Application has been
made 10 The New York Stock Exchange by the
l-resapcake & Ohio Railway Company TO list $500,
csl Potts Creek Branch per cent bonds, cue 1876;
also ~ the ArchlsoH, Topeka * Santa Fe Railway
lar.rauy 10 list 10000 trauscontlnental Short
I..ae first mortgage per cent bonds. due 1858
t-aDAI.T CFNTRAL-The Cobalt Central Mines
C-uracr viii pay its first dividend next week, and
Tra-aas Nevins * Son, the bankers in the matter,
recommend all owners Of the stock in other names
transfer the same into their own names at once
-Tr4 stock the bankers say, Is advancing entirely
ou is merits based on the rapid development OF
The property
--~r0N ELECTRIC LIGHT AND POWER COM
rANE-The 100000 refunding and extension
mortgage per cent bonds OF the Union Electric
Light and Power Company OF St Louis, recently
c1e-ed fo rhe public 10y y w Harris * Co. Ha'e
a. been sold
DIVIDEND INFORNATION-Th dividend in
fums-i0n'' card relative TO stocks dealt IN on the
New York Stock Exchange, published by Charles
Il Miller. OF No ~ Pine street, IS handy quick
reference to dividend information for the use Of
Stockholders and investors
DIVIDEND REDECED.-The directors Of the
Empire Steel nd Iron Company have declared a
Ee1---a-uual dividend Of ~ per cent on the pre-
feE-el stock. payable on January / The DIVIDEND
rate SIX months ago and a year ago was Per cent