New-York tribune., 1908-06-13
TOPICS OF THE STREET.

FOREIGN TRADING-Foreign houses sod
$4,000 shares in the local market the hsaviss,
sales being in Erie. Union Pacific and READING
In London the general market was weak vits
realizing in consoIs and gilt edged issues to uro
vide funds for a number of new issues offered IN
cIuding the Union Pacific bonds American issv,y
were weak and freely sold by New York Ansr-.
dam was a heavy seller OF Erie Money az ia
British capital continued easy and discounts vs-.
fractionally lower
DIVIDENDS DECLARED Dividends ,,r.
been declared follows New York SAVING,
Bank. usual seni-annuaI per cent West Phl,.
de1phfa Passenger Railway. regular serni-auuua,
per cent. payable July L the Davis Mills regu.
lar quarterly Y per cent, payable June 81 Union
Passenger Railway of Philadelphia. regular semi
annual 4aa per cent payable July /. STANDARD
Screw Company. regular semi-annuaI 8 per cent
on the common and ; per cent on the preferred
payable July 1. Jefferson Bank. regular semi
annual per cent. payable July I. Century Bank
regular quarterly z per cent PAYABLE JuIy 7.
Royal Baking Powder regular quarterly IL, no.
cent the preferred. payable June 90; NutnaI
Bank. regular seni-annual & per cent uavsbs
July 1; Standard Gas Light. regular sernI-sunusl
3 per cent on the preferred. payable June 80;
Metropolitan Trust Company. regular qusrterIy
per cent payable June 30
BANKS GAIN CASH-The reported movements
of currency this week indicate gain in cash held
by the banks of s10.391 500 The banks rscsiysd
from the interior Sf4.22720O aud sent TO the in
terror sI322.800, including s3.43400O national
bank notes sent to Washington for redemption
The gain from the interior So. 904 500 Re-
ceiptS of new gold were 81 +05,300 Ordinary dis
bursements by the Sub-Treasury were $263laTea
Payments by banks 10 the Sub-Treasury for Gus
toms. internal revenue, per cent redemption
fund etc, were s22243.50o. The gain on Sub
Treasury operations proper was s4067.20 Re-
ceipts from the interior the largest sncs the
week ended May l, and there was also small in
crease in shipments 50 that the net gain is les
than last week
NEW YORK CENTRAL DEBENTUREs-Ths
s13.000,000 New York Central per cent de5enturs
bonds just sold are being offered by the bankers
at s11z per cent and interest. 70 net about 4S5
per cent the investment The authorized issue
OF these bonds Is $50 600 600 that altar the sas
Of the present S13 600, 600 there will remain s,-
100000 Of the bonds unissued- The deed Of trust
provides that no new mortgage can De placed on
the property Of the company without equally Sc
curing this issue of debentures.
PEOPLES GAS EARNINGS INCREASING
Earnings of the Peoples Gas Light and Coke Com
pany for May maintained the average Increase
shown in four preceding months. compared with
year ago The increased number of subscribers o0-
tanned 5 a result OF new buildings in Chicago this
year was larger than in 1891 The Indiana Narusa
Gas and Oil Companys first mortgage per cent
bonds. OF which $2O00tn were offered IN the adVer-
tsing columns of The Tribune Yesterday. are guar
anteed both to principal and interest by the
Peoples Gas Light and Coke Company Iness
bonds yield at the price quoted nearly per CENT
and are safe and attractive Investments
GRAIN EXPORTS FOR THE WEEK-Brat-
streets reports the exports OF grain for me wees
with comparisons. figures in bushels. as I~olio"S. ~
Wheat flour included. 3ef4547. against S5oo3f ~.
week 1876 962 this week last year and 5s+t0lf
1902 fiscal year TO date, 1953l5-6S contrasCeo - ~
1s4 81 s94 in l9S-'O7 and 2t9SS62 In l-l-t- 1o-
126338. compared with 49, last week al ana
in 1907; for the fiscal year 20 date. 5ls os asa''
69.532 535 IN 1860.
MANHATTAN RAILWAY BOND sALE-llt
of7cfaIIv announced that the Manhattan Railway
Company has sold Redmond & Co Sll,i.-s~ s-4.
its consolidated mortgage pei ceul So -, ~ m
of 1880 These bonds are issued 10 Ie,T7 s-cr ~ psr
per cent bonds of the Metropolitan t.leVa - is,ss
road which mature July 1 and $Stf"' tor new , ,Iv
These bonds are now an absolute MS mrs. eIo II,,Sst
mortgage upon the entire properly oI go
tan Railway Company.
GREAT WESTERN OFFICERS BEARISH,c--a...,, An,
sci Oppenheim. vice-presdent ot the Cho So M
Western said Yesterday that there WIS HO s-.
demand for stocks. and that the interests sng
loaded up with them were andlnE s +bs severe
the same conditions as preVaiied og' s,,,ebt the
break "A year ago last Narch- i
tariff would cause much troNoie-
DIAMOND MATCH NOTE ISSCB-Ine Inv .a~r
n1ond Match Company has sold &tt0'V ? 70 - Trly
gold notes payable S500O00 July I. I+s ,+ S' tg,a
I. 1910 $4,000 July L 1911 ana $3.50 S< - retire ths
The proceeds Of the notes will be ussc 20 additions
conpanv's floating indebtedness ana lor aU
and improvements now under way
NEW YORK CITY BOND CALEEI, CALENDAiE--.--ssst i.-.-sst
dates of issue amount date OF maturity. - work
dates issue price. form and chara'gI - - ,ublic
Cttv bonds outstanding in the haldS oI -, r-ysr
have been arranged IN calehuA' - - t,5fvfdual
Co for presentation to their customer val
ana institutional The calendar is Par'icU'
liable for reference
tsrryINCS COBALT CENTRAL DIV IpJC-sc,ss
Ashr1ore & Iutz yesterday bought tne ~ - IA
5Ividend on Cobalt Central on sou siale'
share. .-.
COPPER PRICES HIGHER-Ihe QLos1o Qs1,. hss
~ eIsrtroIvtic copper on the Metal Excnais 500
been advanced u. also that or caSO4i's'
per remains unchanged
COTTON EXCHANGE HOLIDAI..
r. ,,.-,,bsrz ~ the New York Cotton E&oN
ha,-s I,o+sd 70 close the exchange on July D.
rr>1O>r ExCHANGE BANK-Ths Union -,
change Rank has made application foT ns,n.
a, .he Nsvr work Clearing House Association