New-York tribune., 1908-06-23
BONDS.
TOPICS OF THE STREET.

u-opE1cN TRA0ING-Forefgn houses dealt in
only few shares in the local market. seInns on
balance In London the general markets were
nuiet and heavy In the American department
trading was light with quotations fractonally
we're a tr1e frmer while no change was reported
at Parts and Berlin At the two last named CEN
cured most Of the $500 coo South African gold that
was offered in the London market. where bar gold
was advanced.
II,y DTsRURsFMENTs- dividend dis
hursements bv railroads. industrial and traction
CORPORATIONS and banks and trust companies will
he s11 9o n less than the aggregate paid last year
The heaviest is shown by the industrials. the
shrinkage being almost 100000. Banks and trust
companies show s trifng gain Of $4,000 Interest
payments railroad and industrial concerns. to-
gether with those Of the government and New
York will exceed those of year by almost
81 OOO00O leaving decrease in this years total
for both interest dividend payments OF S7324 POS.
in comparison with the July aggregate of 1So7
THE STEEL SITJTATION.-There has been an
Improvement in the steel situation since the nom-
nation Of Secretary Taft but whether this improve
will hold not Is prohematical. Quite
number of orders were held pending the nominal
ton, and this. perhaps is one OF the for
the increase in business. The Edgar Thoul-
son works OF the Carnegie Steel Company has
seven of eleven blast furnaces in blast and
there have been assumptions of other works July
August the two dullest months of the wear
In steel and pronounced increase in operations is
be expected. There fairly large
inquiries for steel rails in the market
DIVIDENDS Observation-Disclosures have bssr
declared follows Manila Electric Railroad and
payable July / American woolIen Company. reg
ular quarterly ia per cent the preferred Nrt-
ual Gas Company. regular semi-annual per cent
payable July TO- American Chicle Company reg
ular monthly l per cent. and extra 1 per cent
payable July 20.
WILL. PAY WABASH REFITNDINC1 4s cor
PONS-lt Is authortatively stated that the July
interest viii be promptly paid that date on the
refunding per cent bonds of the Wabash Rail-
road Company. Rumors have recently arisen that
there might he default of these bonds but such
runors are without foundation
ERIE WANTS LOCOMOTIVES Erie Rail-
road Company has faith in the belief of an early
resumption OF business activity and has eSted
bids for fifteen locomotives of the Pacific type
The company has it's mechanical shops working
tull time and has seat more than hundred loco
motives to outside shops for repairs
ANACONDAS DIVIDEND.-The directors of
the Anaconda Copper Company will meet early
next week To take action the dividend IL is
understood 90 cents share will be declared. This
Is the same rate at the last dividend period
TO CLOSE JULY 3-The Cotton and Coffee Esx-
changes have voted suspend business July
Members OF the Produce Exchange have petitioned
the managers 10 close the exchange on the same
day.
STRICKEN FROM THE LIST-The common
STOCK and subscription certificates of the Tennes-
see Coal. Iron and Railroad COMPANY have been
stricken from the Stock Exchange list