New-York tribune., 1909-09-17
TOPICS OF THE STREET

r,pREIGS TRADING.-Foreign houses 6eo,. q,
ssge shares IN the local market br,y4nr "a ~
shhres In the London market American stocks
sre strong Consos were unchanged and the
-srsl list inactive at urainaportant d.cIi, a..
- larger number CT issues. Call money az tbn
,sritsh capital was unchanged, while discount :
ere hirne-. The Bank of England made a strona
sov-ng IN its weekly return, as COMPARED Tytb >
sssk ago. though the proportion OF reserve 70 Ia
sHtjes was under that reported st this TINS las,
rar There was a further demand for gold for tbe
font,pent also for Esyps and South America n
total OF 10000 osaEg Withdrawn for shipment.
5goney Is higher at Berlin ana an advance in the
German bank rate is expected TO be ANNOUNCED to-
lsy
% fhe standard OIL Company are understood 10 bo
-snnins ct the rate OF approximately SSsOoo00D a
ssr The production OF petroleum in the United
st,s IN 1903 amounted l7s572 SO barrels 1-aoed
st naasO53SS The Standard Oil Company largely
- re selling agent. is supposed TO control about
a er cent Of the oil production of the country so
shss OF the number OF barrels produced the COM
~ ruust have handled approximately I4S en- an
fs--els The net profits OF the Standard on based
mon sSsOe0Oo0 year. are therefore at the rate OF
sbout IS cents barrel OF American oil produced
ne average prios a barrel of oil produced in the
Tr-ted states last year approximately u cents
However, the profits OF the Standard Oil Company
slso include revenues derived from foreign sub
siaisres-
DIVIDENDS Observation-Disclosures have been
seclsred follows: Guaranty Trust Company
Quarterly per cent. payable September so Fclec-
sric Boat Company, regular quarterly 2 per cent
1avable October l. Utah Consolidated Mining Com
regular uOnInly % cents, payable October Is
American Typefounders' Company, regular quar-
.frlV IA per cent on the preferred and per cent
IN the common. payable October Is. Otis Elevator
company. regular quarterly Ia per the pre-
ssrred. payable October l5. Tri-City Railway and
light Company, quarterly IL per cent on the pre-
erred payable October L American Cities Rail-
vsy and Light Company. regular quarterly IL per
cent on the preferred. payable October !.
BALTIMORE s. OHIO EARNINGS INCREASE.
The Baltimore & Ohio Railroad Companys state
ent OF earnings and expenses texclusve OF outside
operations) FOR the month OF August. l9ts COM
Tfred with August 1905. shows. Gross earnings,
ssp 90: 1905 IS g26 lsa: Increase SS77t05 Ex-
snses 1893 81 500 SSs 1905 81 I27 $50: increase SS
Esf earnings 1909 So 49, 1905 81 6S7 aa; Increase
nRT For the two months Of the fiscal year, as
soTansred with the corresponding period of 1905
Re statement shows: Gross earnings. 1909. SASS.
~ s. 05S7 1905 S. O6s 100 Increase 81 4s77S5 Net
acs
RANKS LOSING CAsR.-The local hanks have
5st since last Friday upward of 81 1000 600 on their
cpsrations with tho SubTressury, against loss in
he same time a week ago Of about $4,000
rns6e by the bsnks in the current week. and It is
generally believed that to-days preliminary state
business days viii show a decline in the Dcishbor-
hooa of sI2.0oo.oo9.
PUBLIC SERVICE CORPORATION OF NEW
yERsEY.-The directors OF the Public Service
Corporation of New Jersey have declared a quar-
ferly dividend Of IL per cent placing the stock
as per cent basis an Increase Of per cent in the
81 600 Of capital stock rena lining in the treas
NY Of an authorized issue Of s25oooooo 10 stock
holders OF record September so.
CUBAN BOND CERTIFICATES LISTED
epsyer & Co. temporary certificates for SS.750OOO
1A per cert bonds Of the Republic Of Cuba, due
isls; have been admitted 10 quotation the stock
STANDARD CoRDAGE PAYS coUPoNs.-rhs
directors o9 the Standard Coroage Company an
shso6.O0o first mortgage per cent bonds. deferred
lsst April