New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-10-17
TOPICS OF THE STREET.

FOREIGN TRADINC-Transactions for foreign
account aggregated about 5000 shares Of which
cago & Northwestern chiefly figured American
stocks IN London were heavy. closing below parity
The general market was inactive and showed some
depression, but became frmer toward the end Of
the day Money was easier and discounts wers
steady
DIVIDENDS DECLARED-Dfvidendy tav. h.~,
declared as follows: New Central Coal Company,
regular semi-annuaI 2 per cent. payable on Noven-
Der 2; Electrical Securities Company regular SEMI
on November 2; Montreal Street Railway Company
regular quarterly "a per cent
MOVEMENT OF MONEY.-The reported rovs-
ments Of currency this week indicate loss IN cash
held by the banks % S125,6O0. The small loss 20
the interior was nearly Offset by smaller gain on
Sub Treasury operations A whole. The banks
received from the interior g 29Z.500 and sent to
the interior s6225.1oO. including 100000 in gold
coin Canada and 1851. 900 IA tionsI bank notes
sent TO Washington for redemption The loss to
the interior $500 the smallest loss since
the beginning Of September
BALTIMORE & OHIO'S SEPTEMBER EARN
INGS-The Baltimore & Ohio Railroad Connpanv's
statement OF earnings and expenses for 5eptenber
and the three months Of the fiscal year exclusive
Of outside operatiOns). IS compared with Septem-
Der. 1897, shows Gross earnings. 1905 30:
1907, S1465.051: decrease S114SS4t Expenses 1903
S3.949616; 1907 s. 915: decrease s10S3 299 Net
earnings. 1905 s235559f; 1907. s2432135. decrease
s6G542- For the three months ended September g.
compared with the period Of 1907. ths
statement shows: Gross earnings 1905 SIS +0955s:
1907. s22.+41.2S1; decrease s4031.ss5- Expenses.
ISUo, SlI9ZUf3Z4s lSbt. Sl9O4ZZlUs decrease.
ss6 Net earnings. 1903, S6Ss9.242 1907. s3s9 951s
decrease. $500 500.
ANOTHER REDUCTION IN PIG L.EAD-Ths
American Smelling and Refining Company has made
another 10-point reduction. the third within
days in the price Of pig lead. which is quoted
at 43Oc
COPPER OUTLOOK NPRovING.-'-warsers
Copper Letter says:
Copper shows some Improvement this week as
a result OF more active inquiry from domestic
consumers Lake copper Is a shade hruer. being
quoted now at 1883 10 1344 cents; eleCtrolytic Is
stronger. at 132s to 1917 cents pound with
fair sized sales reported the latter price WhIs
American consumers continue 10 buy sparingly.
producers report that there IS considerable in
provement over the conditions that have existed
for several weeks past Manufacturers appear 70
be anticipating the results OF the coming election
by making preparations to buy copper enough
TO cover their requirements over the end OF the
year. That Europe continues to take large guam
titles OF the metal IS attesed by the fact that
156oo.O0 pounds of copper were exported last week
II the movement OF copper 10 Europe confines
at this rate there is little danger OF any large
accumulation OF the metal in this country. Manu-
facturers Of wire and brass goods state that tire
prediction hesitation. which has been evident IN
all lines Of trade has caused a sharp falling OF
in business. In manufacturing circles the
conviction that Mr.. Taft will be elected appears
70 be growing stronger each week. and the manu-
facturers are a unit with the producers in the
belief that there will be a big improvement in
business after the election II the Republican nOni-
nee Is successful
NEW COTTON EXCHANGE MEMBERS Ralph
H Hubbard. Malcolm T. Maine. jr-. and Paul
Hemelryk have been elected members OF the Cot
ton Exchange
MORE CITY REVENUE BONDS SOLD-Con-
troller Metz II is announced. has sold within ire
last week about 100000 per cent New YORK
City revenue bonds. making about S20"eeo OF
these bonds sold within a month The proceeds
II is said. Will be used for taking Up previous
issues OF revenue bonds which mature on Nove1-
Der L
GRAIN EXPORTS FOR THE wEEK-Brad-
streets reports the exports of grain for the week
with comparisons. figures in bushels. as follows.
Wheat flour inCludedl. ASSOC, against 55o-oSs
last week and asa OS2 last year: for the season
So % SO compared with 5S.19S75 in the same TINS
year ago Corn. 62.6S5. COntrasted with Lev
last week and 572.S25 in the same week IN 1871 ror
the year. rs 80. against 159t4Ss n the sans
period last year
ADMITTED To QCOTATION--The stock q.
change has admitted 70 quotation In the unnstee
department 100000 capital stock Of the Crex ar
pet Company Quotation has been discontinued -
the stock of the American Grass Twtne Company