New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-11-25
TOPICS OF THE STREET.

FOREIGN TRADTNG-Foreign houses traded
both ways IN the local market, selling upward
Of 5000 shares on balance The bullish activity
which developed abroad following the election
has subsidized. due. perhaps. TO the temperance
OF clique operations and cessation OF the pub
lie inquiry here In London the general market
vas quiet at unimportant price changes. except
In American issues. which were strong before the
close. Call money was in good demand at the
British capital and discounts were easier. Paris
exchange on London declined Bar gold was
lower at the latter point
SHEFFIELD COAL AND TRON-The under
writer's Of the Sheffield Coal and Iron Company
who have guaranteed to raise the additional
$4,000 cash necessary TO complete the $500 600
cash subscriptions 10 securities. have been called
next Saturday. Subscribers under the original
call made their first payment short time ago
for satisfying certain claims. $4,000 for new
construction and the remainder FOR working CAPT
tai
DIVIDENDS DECLARED Dividends have
been declared follows: United States Leather
Company. regular quarterly. L per cent on the
preferred. payable January ?. Central Leather
able January - Nackay Companies. regular
quarterly. 1 per cent on the common and per
cent on the preferred, Utah Copper regular quar-
terry, so cents share. payable December 81
COPPER TRADE CONDITIONS.-Sal Of cop
Per smaller than they have been al any time
in several weeks past transactions are being
made at 1+L4 cents pound. although many pro-
ducing and selling agencies are holding the metal
al l4Iz cents a pound Disappointment * ex-
t'4tsSea over Tue TeaCJonaTN tendency OF I've
metal. and no great improvement is expected
until buying is resumed II IS stated that cleo
trolvttC copper would have easily gone above Is
cents pound in the recent upward movement
had II not been for the large stocks in Europe.
ROUTINE HARTMAN MEETINGS ings
Of the executive committees Of the Union Pacific
Railroad Company and the Southern Pacific com
pany we're held yesterday. following which Il
announced that only routine matters had been
taken Up II vas stated that no new financial
plans were considered a. either pseeting
SAVINGS BANK LAWS.-White & Kemble Of
No IS Pine street. have issued their third edition
OF the Analysis Of the New York and Nasss -llu-
sets State Laws Relative to Savings Bank In
vestments." The work Is Of especial interest in
iating the investments Of savings banks in both
states. and il will be found great value 10 the
banks and their depositors. the railroads and in
vestOrs
READING SELLS RONDS-The Reading com
pany has sold $3.50. oe0 first mortgage per cent
New York Short Line Railroad Cornpany's bonds
The proceeds from the sale Of these bonds will be
used 10 reimburse the Reading for advances made
Tor the construction OF the New York Short Line.
MONEY FOR SAN FRANCIsCO.-The Sub
Treasury transferred yesterday for local banks
S2ooo00 TO san Francisco making a total Of 500 90
far this week
COTTON EXCHANGE SEAT SOLD-The Cot
ton Exchange seat, second membership, Of z. N
Weld has been sold 10 J. ?. Munds for so 500.
SILVER LOWEST SINCE IsO8-Increased weak
ness developed IN the silver market YESTERDAY. the
price OF commercial bars declining &C 10 49i.c an
ounce the lowest price the white metal has reached
dealers IN the commodity say is due chiefly to the
continued selling by India and China. In addition
10 tbs selling from those sources the production Of
the white metal shows No falling of