New-York tribune., 1908-01-16
RAILROAD AND OTHER STOCKS.
TOPICS OF THE STREET.

FOREIGN neutrality-suspicious. for foreign ac-
count in this market were practically entirely on
tbe selling side amounting to about $4,000 shares
the principal sold being United States Steel
Union Pacific. Reading and Southern Railway
American railway stocks in London were weak.
while the copper issues were strong and advancing
The general market was duh and inactive
DIVIDENDS DECLARED.-The directors Of the
Illinois Central Railroad Company have declared the
regular semi annual dividend of 32 per cent. pay
able on March ,. The directors of the Reading
con1nsnv have declared the regular semi-annuai
dividend of 2 per the first preferred stock
payable on March .. The directors OF the Inter
national Steam Pump Company have declared the
regular quarterly dividend of 112 per cent on the
preferred stock. payable February l. The directors
Of the Cambria Steel Company have declared the
regular seml-annusl dividend of 1]s per cent paw
able on February Il. The directors of the Nash
VILE Chattanooga & ST. Louis Railroad Company
have declared the regular semi-annual dividend Of J
per cent. The directors of the Home Insurance
Company have declared the regular semi annual
dividend of $40 a share
SUGAR PRICES SADVANCED.-Arbuckls Broth
and the National Sugar Refining Company yes
terday advanced their list prices Tor rened sugars
10 points 490 net, less per cent for cash.
for fine granuated. The American Sugar Refining
Company did not change its list quotations
ADMITTED TO QUOTAT1ON.-The New York
New Haven & Hartford Railroad Company certif
Gates Of subscription for per cent convertible de-
bentures, first instalment paid and full paid havs
been admitted to ouatation in the unlisted DEPART
ment Of the Stock Exchange.
APPOINTED STATE DEPOSITARY.-SIartin Fl.
Glynn, Controller of the State of New York, has
York City depostary for funds or moneys
paid into court in and for the county Of New York
COFFEE EXCHANGE TICKET-Following is
the ticket which will be voted upon to-day by the
members of the Coffee Exchange: President. Percy
B. O'Sullivan; vice-presdent. Henry Hentz: treas
urer. James Fl. Kirley. Board Of managers (two
years.. James II. Taylor. J. d. Picksay, Frank
Norton, Richard Sutro, Louis Seligsberg and Will
lam j. Dyes; one year. William Walbridge.
SUGAR BROKERS oRGANIZATION-J Harvey
Connen has been elected president Of the National
Association OF Brokers in Refined Sugar TO succeed
William r. Bassett- Other officers elected were:
l. w. Minford, first vice-president; Charles Wal
lace, Philadelphia, second vce-president; II. f.
Havemeyer, Chicago, third president A IL.
Lamborn. New York, treasurer.
IRON AND STEEL CONDITIoNS.-"The Iron
Age" says:
The Improvement in the financial situation Is
reflected by a better feeling in the iron trade but
yet there has been little increased buying EXCEPT
in pig iron. The cast iron pipe manufacturers East
and West, have been buyers on a fairly large scale
shop in Northeastern Ohio taking upward OF
000o tons. and makers in the Philadelphia district
contracting for a somewhat larger quantity. IL is
understood that these sales were below the figures
which the majority OF the furnaces are quoting but
the principal question, not yet settled is whether
these transactions clean up the iron available at
concessions. Generally speaking, now orders for
finished iron and steel are stin coming i'm very
slowly, but there Is more interest in the markets
and better things hoped for in the near future
The steel rail business is very light and contrctor
for structural material stiu holding back The
plate mills are only slightly employed and there -
some shading of prices song The price uf