New-York tribune., 1908-12-19
TOPICS OF THE STREET.


T--f-e6 states steel T-rion Pacific and other LEAD
ing international issues American stocks N @ Lo[
6rn were irregular. but IN TIE curb trsqnz showed
tr7p-oveuaer-. The general market in London vas
characterized by irregular1ry, and the Fo----7 u
trading vas small Consols were STEADY
MOVEMENT OF NONET-The reported move
-e--s ~ currency during -he week indicate loss
sn cash held by the banks Of Sl-oZ'-42 \ gam
from the interior reduced the loss 10 the sun
Treasury 70 that amount bar1AS EsteiN =! ~
-he interior S51S26oo and sent - the interior y
7z7sao, including SleH" transferred tnroesn 3 ne ne
Sub-Trea sury New Orleans and S-oeHH na-
-iona1 bank notes sent 70 Washington for reoenlI-
ZION The gain from TIE interior vas go >
Receipts OF new gold were S1-2s2fo' Of W1lcn al
~ 40 on New York Assay Office checks, S45.op on
san Francisco Mint checks and Sl2e'o5 on oealtle
ssszv Oface checks. Included among the New
Tl[ Asssz- Once checks was payment for s299 200
EoI5 rT,7Tlou imported from Australia Gold eX-
So So -. q oaa 5da IN ba-s 70 Paris Ordinary
por-S =. 81, -. 80 z-ere 20 6aG COO:
-ez--eT+z nv hanks 10 the Sub-Treasury for Gus
toms internal revenue, per cent redemption fuh-
loss On Sub-TTeasury operations proper vas sz,-
-345oo. The total loss by gold exports, 400 90
and Sub-Treas1ry operations. q. ~ .5=,2., ~sS
So, 1900: oeduct-ug gan ron re :. - 81 =
s15 go and new gold. S.2o2 on. in al S5Io'@'t the
ret loss S2L027.2
DIVIDENDS DECLARED.-Dtvidends have been
declared as follows: Chase National Bank. regu-
lar seri-s1uual per cent payable January =
Liberty National Bank, regular quarterly Per
cent and Per cent extra PAYABLE January
Bank Ct AEsr1ca regular seT1l-aTlI1a4 10 Per cent
payable January 2; U1ion Exchange Bank regl-
is- ser,l-annusl per cent. payable December 81
Plaza Bank. regular serni-annUal 10 per cent pay
able January 2: National Butchers and Drovers
Pz-k regular ser1i-arausi J Per cent. payao
January 2. Columbia Bank regular ser1i-anrual
g per cent PAYABLE January ?. Mutual Bank, reg1-
lar seui-annual Per cent payable January :
West Side Bank, regular serli-arnGal per cent
-svehIe January ?; Jefferson Bank. regular semi
annual Ter cent. PAYABLE January :, Colonial
Bank regular quarterly ~ per cent. PAYABLE
January 2 Mortgage Bond COMPANY quarterly
~ per cent payable December q; American e1Ies
Railway and Light Company. regular quarterly
~ Per cent the preferred payable January l.
Mount Vernon Trust Company, regular quaFteTE
2 per cent and = per cent extra. payable January
g T-f-C.ty Railway ard Light Company, regular
c-s-teIly II per cent on the preferred payable
January 2: Pirtsburg Plate Glass Company. reEu-
Jar quarterly - Per cent On the common payable
T0eoe-rer 81. Chatham National Bank regular
quarterly 1 Per cent. payable January 2, Cobalt
Central Mines Company. ? Per cent initial guar
terry dividend. payable February l. Seaboard Ma
-to-zI Bank, regular seEi-s1aGal Per cent. paE-
able January . Nineteenth Ward Bank. regular
quarterly 5 Per cent PAYABLE December 81 Na-
payable January 2; Bank Of New York. National
BANKING Association. regular serli-annual Per
cent, payable January ? Eacona- surety Com
pary, regular quarterly per cent. payable Jan
ysrv ?: Lawyers Mortgage Company. quz-rerIv
- per cent payable December 81 Long Island
Lean sod Trust Company. oCarterlv Per cent,
PAYABLE January 2
The COPPER OUTLOOK--'walker's Copper
Letter says: There Is feeling among con
Eu--ers that producers should make slight con
cessou for reU business, and they ave holding of
q new purchases IN anticipation that prices may
- shaded The leading producers. however. de-
r1s-e that rhe surplus stocks Of copper have been
practically exhausted. that the bulk - their pro
5uc-fon has been sold for thirty 70 sixty days
ehssE. that the general business outlook tor next
-ear IS very favorable and they are confident that
copper prices viii advance.
Al Interesting feature o1 the metal market is
.he existence of Al unusually large speculative
Interest Il seems that the extreme fluctuations II
ne ur1ce Of copper during the last eight Or ten
rss made The metal attractive % traders.
80 thzt many Individual spectators have pur-
- So -zw copper which they are holding for
5-fere- prices Occasionally one of these specula-
--c-s 5e-fces suddenly that he would Ike 70 sell
cpr and he proceeds - c4er his copper around 70
CONSUMERS. The BIDS made him are us4s-ly haL-
cent below the market. the consumers them
szi--es under such conditions taking the position
rf soecr-ators A few sales have been maze az
s1~p extreme concessions. and these Transactions
have teen the basis for the publcanoh OF quota
-rg q 1s-s and = cents for secIrolytic and lake
--re-- 5s every reason believe that ne nuylng
demand from consumers which VIII come n a-leF
- trst q the year viii absorb al Of this spec
,slzrtve COPPER and also al that the producers NAV
desire sell
II * declared On excellent authority that the
leading electrical companies have contracts signed
or n process for the equipment of portions OF eight
o. ten different steam railroad systems N the
T-rfted states and many more n Europe, The
demand comes chiefly from the roads which enter
re large c!rles- especially New York and Chicago
sno from the trunk Zines which operate over the
@or ne metal trade Is very bright indeed
po%DS FOR SHALL INFESTORS-The Stock
E-vclznge rrrl u Ma5on & Co, Of No. q Y all
street are Offering list % bonds IN denonlina-
-for of 800 each which bear interest from a. to
rer cent and all issued by vel known railroad
and Industrial corporations
PRODUCE EXCHANGE TO CLOSE-The New
York Produce Exchange viii be closed On the day
following Christmas