New-York tribune., 1908-12-13
TOPICS OF THE STREET

vsoEFTGN TRADING.-Frreign houses uere not
1--we IN the local market selling on balance In
%r-sor ccnsols were strong, and foreign bonds also
ERE up. The general market was firm. Money
~s.s a. the British capital were unclaimed and
= -,ove-nerts o. Importance were reported IN the
-.-.,eusal money markets The announcement OF
= agreement between the Russian government and
-re Donna authorizing large external loan was
s,,-o-sfiv received the foreign bourses Pa ris
- finance the issue.
walkers Copper Letter says; Copper is dun
- urices are quoted 4 shade lower Lake IS now
=. certs and electroIyttc 14lS cents pound There
t,re been Tew, II any, sales lately. As has been
,se cus1om for years past consumers buy almost
= copper during the month OF December but start
,-.sh with each new year. There bids in the
--e-zet su the time eighth TO q quarter Of a
,ers below the prices given Some OF this bidding
4 Nv agents q foreign consumers Producing in
..-esrs are very vel satisfied with the situation
I'D Offering practically no copper below lax
-errs and 141s cents, respectively. for lake and
.ssr,-olyric- Foreign -specula tors have made at
-,-rts recently 70 depreSs the price Of copper by
-ss~fnE and quoting II Down IN the London mar
sst + IS believed that q considerable short IN
s.-~s- hzs been established. and there should be
hrvinr movement. which sent prizes up 70 around
- cents two or three months ago. relieved pro
srrsrS ~ al t5eir surplus stocks Of the metal, and
As removed the only factor OF danger and doubt
re copper purchased that tine has gone into
.o-su-1-tlc1. and there is surplus in extstencs
snvrhere which is likely 10 come OF the market
- 5eu-ess prices The business situation IS i'm
-ov1ug STEADILY. and there is every prospect that
=. -es- 1905 VIII establish a new high record for
t-S-e--ial activity New enterprises are being
a-anced and plans are making on every hand for
Hus-ess expansion
SIT AGAINST CONSOLIDATED EXCHANGE
The Consolidated Stock Exchange has been sued
~ h-ssch cs contract by = Reginald Burton who
rs ern1loved by The exchange on November 1907
=, ne csnacfrv of press representative The papers
,e-e se--ed yesterday on c. H Badeau the presi-
ser-- and The board a. governors by Williams &
7e7-1ss attorneys for Nj Burton OF No EOS Boad-
- The contract under which suit IS brought calls
~ 81 annual salary cc = 80. II was entered
Gria dent -7g
-anercte5 & winning crusade against bucket shops
ri vho was defeated for reelection. Mr.. Burton
szs.-ts that the contract was broken Illegally BY
-se rev a6ztnlSc-at.on il June OF this year.
e- LOUIS & SAN FRANCISCO STOCK TRUST
r7Tv-DEND.-The regular se1ai-annual dividend Of
3 7e- cent OF The St Louis & San Francisco stock
- certificates for Chicago & Eastern Illinois
crr.rlon E1d ne regular quarterly dividend on the
-+ork t-ust certificates for Chicago & Eastern Hi
-ofs prefe-red payable January next
.sooEs close December Is and reopen January :.
- -er-,lz- quarterly dividend Of per the
= Hs-.phIs preferred VIII 5e paid OF January
,sr- 70 stock o. record December -6
EE7-NSVLCE STOCK revival OF interest in
z-gngvick Ciry Dock and Improvement stock Is
So o- the idea with the railroad improve
--7rs -0v Eci-E II and around Brunswick, Ca
re property owned BY this concern VIII become
vsllzst=e. The Houston Line OF steamers now runs
r Brunswick. and Brunswick is the nearest sea
prr U Bi-Et1Z1a-l, which Is growing rapidly as
: -1s- curing centre. Il IS the hope OF the
Brunswick company 70 make its property one OF
ne largest shipping centres IN the South
BANK CLEARI,SGS--'-The Financial Chronicle
-epo--s ne total bank clea-ngs OF the United
states fcr rhe week ended December Z Zone day
.ss-ate) as SS-511I27G0, against S3422. .o6S217 In
,ae u-scedtng week and s2274 42S5-7lS for the cor
-~spon5ing week CT 1907 Compared with last year
ne total clez-1lgs for che week have Increased $50
7e- cent Ner York City shows al Increase Of SOB
D. cent Boston S6-7 per cent, Chicago BIZ per
en- and St Louis 1G-s per cent
7-vIDENDS Observation-Disclosures have been
seciz-ed follows Royal Baking Powder Com
,s-- regular quarterly ~ per cent on the pre-
s-e5 payable December 81; Chicago Junction
sg -vavs and Union Stockyar6s Company regular
-us--zrEE II p-- cent the preferred and per
s-- re common payable January 2 Nova
s-1rzz steel aid Coal Company regular quarterly
re- cent OF the preferred, payable January Ia
MOMENTS OF COTTON--'The Financial
Chronicle gives the total port receipts OF cotton
r ne week ended December IL 1905. 4os.266
5s.es a-atus- z57.544 bales ire preceding week.
-zk-E Ire rotzI receipts since September = 1908,
s-zs5 bales against 4.0z1277 bales for the same
-s-soG last year. showing al increase since Sep
Eu5er 4. 1893. OF 1-2L.GlS bales