New-York tribune., 1908-04-05
TOPICS OF THE STREET.

FOREIGN TRADING-Foreign houses sod
about ; 600 shares in this market, pTlhcIpa-5 -
Canadian Pacific Union fselnc az -, C2arr1an
account American stocks in London were @s-.5
and lower and made TO improvement n tas 80
trading The general market closed ra-IeI N7N-
the new German loan having depressing lnalene7'
DIVIDEND DECLARED-Ths directors o. 20
Great Northern Railway Company have c@c1@teN
the regular quarterly dividend Of - per cent gay
able on May L
TINE FOR DEPOSIT EXTENDED.-Ihe co1-
r7ft+ee for the readtustrnenr Of debt Cr Ine "Ss1
irghause Electric and Manufacturing Company, %
which James N Jarvie is chairman, sl's5 - -
that a majority of the convertible oeAdS % An.
year S per cent collateral notes and q l-e - -
payable and a large amount or The dsoeIi---s -
tificates and accounts payable haVins - Deel ~ !.
tied under the plan and agreement or Janl4Ly -
has extended the period limited to- ne -1SO 80
obligations and claims Nav 10 Win &c -.
ers' Trust Company OF New York. tte FHsl l.t.I
and Savings Bank Of Chicago. tae rs & "a ,ars
Bank of Pittsburg and the National S-aE 1-I 0---~
of Boston
RANK CI.EARINGs OF THE UEEK-Tns
total bank cIearings OF tne United Stas9s $500.
the week ended April zone day eStiiIiaOst-. -
s2506.I41.061. against s2253,0SS,4s5 Ior Cs 80 re-
ceding week and s3.2iS.+5s,sSo Tor t-0 .ts+ er
spending week OF 1901 Compared VI - d.
last year the total Cleariugs for tEe 80 80 4s-
creased 22-1 per cent New forN go ST." - csnt
crease of 271 per cent PhiIadelphid 2SS per - -
Boston 23.2 per cent and New Orleans ~
cent
ADDED To BANKS DIRECTORATE---C17-Ls. -
H ImhOfr. who recently elected a 80 bssa
dent of the Chatham National BailN- -'S
elected also director
MOVEMENT OF COTTON--The Financir, Ias.-
Chronicle" gives the total port receipts o. las
for the week ended April g. as $3.50 nd
against 92994 bales for the preceding N9 - -hs
90.O3S bales the week before tnal. -, sgs
total receipts since September I. IsV'- .,sriot
bales against S.92O.4SI bales for the same tE-f
of I9O6-'07 showing a decrease since StplS"i-
1907. of 1881. .s5S bales.
STOCK WAS BOUGHT IN-The sale o. oL T,ttIs
ty-hve shares CT stock OF the United St4-S-s--tsa
Guaranty and Indemnity Company at %, i last LAST
in the list Of securities sold at aucuO-, tss
Wednesday Represented the tuylnS IL -
shares by the holder. II Is learned
APPLICATIONS To LIST-Appncation has Is, 'T Isl
made TO the New York stock ENchahse psr
$1I15,000 additional consolidated NOR Tuvaus
cent htty-year bonds. due 1852 OF ta,,1 tae IS.
Electric Railway Company, and S'.St9-,Ss7s ys7s ard
mortgage per cent hfty-year bonds dus -g5,Iroai
s1o,o0o0do preferred stock Of the Cuo~
Company
STOCK MARKET OPINIONs--HenFy
Co say: ~ less
AT the moment the stock market IS Iaore - lsis
unsettled by attemI take pronts allsi srocgst
rise and by the reductions OF dtvldei.1S - - 5iv-
about through business depression LneSn,sa n
dend reductions nave been largely cisSe- ars
advance; still. the actuaf aIroaAesiS@-sss - snsa-
naturally adverse 20 bGlliSh influences 80 s4-
cial difficulties Of The Erie Railroad hav 49, sttsn-
erted depressiug effect, since they 3.iIrosds IN
tion to the difficulties oi many o14+~I ~ van
financing current requirements At tilt-S a rsny
shing profits and severe depression = - - hs prc-
corporate financial obligations VIII nave 49, fast
Vided for during the current year, az az Ion any
undoubtedly imposes a snarT restraint us> eon~
upvaru movement Fortunately. meaey uasratvsiy
dltions improving, rates ar S,ahis rInds
easy and there Is abundance a. @-n,,lt the
10 good borrow erS April I has passed w. This.
usual strinsencv witnessed at that tls,x. tlNS e.
however. does not mean that We AiS 80