New-York tribune., 1908-02-08
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses traded /,
about 500 shares, selling on balance. America
stocks in London Were Inactive and featurelex
The general market istless. Consols srrs-
another fractional decline Business on n.
London exchange was in decreasing volume rcs
Of the transactions representing evening I'd out
standing accounts in anticipation OF the fortnghtT
settlement
MOVEMENTS OF CCRRENCT-Th. repcr.s
movements of currency this week indicate gan
in cash held by the banks OF 81 .654s sa The hazks
received from the interior s652Ssso and to s
interior Sc 926 500. including s.5690o national
notes sent to Washington for redemption The qs
from the interior was s2.602 100
NEW METROPOLITAN PROTECTIVE coM
MITTEE-Alexander j. Hemphfl1 Donald Nacng
and Edward H. Ladd. jr.- have advised holssss
Metropolitan Street Railway Company g.nsz
mortgage collateral trust per cent gold bonds tns
1887, that they have consented TO act as on
nntttee 10 protect the interests of bondholders r
request information OF the amount of holdings y
these bonds be sent to the Guaranty Trust Cus
panv Of New York. No. 2S Nassau street
APPLICATION TO LIST.-Appiication has ssa
made to the New York Stock Exchanse y 10
New York. New Haven & Hartford Railroed Com
pany to list all Of the bonds OF the sunsdiz5
companies in the New Haven system
GRAIN EXPORTS FOR THE week.-Mrs.
streets reports the exports of grain for ths rsek
with comparisons. figures in bushels. as follow
Wheat flour included. 4567.SS, against 4Ak
last week. 3.31a $50 last year and 4-S1. A. N ~
for the fiscal year 70 date. IA 5S6.s2. contrasta
with 113.3SSsl2 in 19S-I7 and 16s.4a.ls in IA
Corn, 1.s5.1s. compared with 1af7sG last 80
and 2.407. .0S9 IN 1901; for the fiscal year 70 daa
81 s7., contrasted with 35.657.7E in 1ss-T-
CHANGES IN ELECTRIC COMPANY BoAaa
The stockholders OF the United Electric us:
and Power Company have elected H j. Hernners
Cortland Belts and Arthur H Elliott directors y
succeed Osborn W. Bright. II Z. Cavity ars
William Bunker. and have reelected the remain
ing members of the outgoing board
OFFERING OF BONDS.-Swartvout q Apper
cellar have issued a circular giving LIST Of his
ads O0dG nf fy-fb fbrAa r4fir a1i
corporations, with the high and low prices -
1896 and 1907 and the approximate yield at prs
prices. Many OF these bonds are legal investnsus
for savings banks in this state
CANADIAN PACIFTC'S HOST OF STOCK
HOLDERS--The Canadian Pacific Railway Cars
pany has at present 1888 common shareholders
about double the number registered two years -
and. next TO the United States Steel Corpcrs1@
ana perhaps the Pennsylvania Railroad Conp0
the largest number the books OF any corpcs
ton OF these IS s43 holders OF the common stsa
about 14.0IO live IN Great Britain and about A1s
the United States and Canada
DECLINES ICE DIRECTORSHIP.-Johno osse
ough has declined his election dtrectos Of -
American Ice Company, as he Is unable 70 S''~
necessary time to the duties OF the post
DIVIDEND DECLARED.-Ths directors of %
United Cigar Manufacturers Company have ~
clared the regular quarterly dividend OF II - .
on the preferred stock payable on Marco i
CONDITION OF TRADEI-Dun's Review ~
Little change appears In the commercial 80
| ton, but progress Is in the right direction
| far any difference can be discerped So -.
gains are maintained IN almost every instanc~ J.
| few further encouraging symptoms appear,
bly, the smaller decreases In railway eSInAc c1..a
| larger forces az work in leading industries
\ distribution of seaSonabls MERCHANDISE -
creased by cold weather IN many sections - -
country. but wholesale and lobbinS houses 49,
/ for the future most conservativey. Nercsnu's -.
lections irregular. some districts reporuas -
| ly prompt settlements. but at otner pAI ,,ssd
ments are slow. Liabilities of failures n - -
\ were smaller than in the preceding month ous
| I'm excess OF January. 1907 Railway esss0 =
! January were I42 Per cent smaller tnsn = -
| although each week made a better exnioa. - r
| one preceding. Foreign commerce Al ,nis >, ps.v6s
| the last week showed a gain OF See-sHs =. -
and a loss of g. as 665 in imports. as conVN6 ~
| the same week of 1901 Security markets s-asr.
! and weaker. but money was cheap sE1 sE1-v 50 .
| the total amount in circulation on feo.s.cs s.cs
| tabishing a high record OF 80 oi i pa,r o
| an estimated population OF s0S s'ss ,slgw TO-
| changes at New York fell 3D. per Set. Is>&S
| OF the same week last year. while =, ~ - ~. veSA
| cities the decline 15-T per cent - ~. ,cdoe
the iron and steel industry Is III - ~ 49,
| than a week ago. although new ecntrA1s ~ . os,s6
| with much caution and each 0rueF - wv
| extensive negotiation
WbI. retail trade in some lines Of 1snsssz
pareI notably heavy clothing. shoes ss.s 80 veSIs
has been helped by the coolest or Storm ana
| er OF the winter. other branches OF 49, t,fsrfsS
dustry and transportation have OeN xnoe
| with sufficiently 10 make the "eeA I.sale -
| ,a,hs~ ,,iat an. th. country over. Nhoiess -
| tobbine; trade has been rather quiec -ansefvs
| there are signs that Improvements ,,on slo a .
| tive lines ~ making progress. the 60 ss ana -
| CARDS spring buying Is as marked As 80 $50 seds
| country merchants policy. even where r,su -
| buying is noted, il IN the direction 01 .,rsspc&c
| frequent rather than large purchases, s,,otaxsos
! prices as whole are irregular. grain aVr,n a-n VI
| raIiying from the depression OF iiSt MO -
| other lines show little strength. anu ,ws, -
some metals. provisions and cotton Sle -. Colr
most other lines displaying a weak W. W. \. -
tlons show little Improvement NoheS -
and offerings of commercial paper ar 80 Iss
of. but dulnsss in trade ana I,.s. -
the output of this commodity 49, .rs vi
heavy decreases from year ago Ste - xprsfI
and easy. apG she investmsnt dernana "a pf|