New-York tribune., 1909-02-11
TOPICS OF THE STREET

-.,pETGN TRADING.-Foreign houses were not
fOI 'i - the local market. dealing in about S,eoa
Acu .s mostly purchases In London the gilt
ssrsd issues were strong ieatures. WINE tae gen
eI1-s.an eI1 stocks closed harder on the curb Ali
kine--s,t new issues showed improving ten
oenss Den If 4 Of per cent. the Canadian loan at
nli1 nl.- of lI4 per cent. the Indian loan at pre-
71I. ~ 1-ls per cent and the Gillian loan at
nn-1.T, Of n Of 1 per cent Money was quiet and
2 - .as- Discounts were steady
rrrrRTTLES LISTED-The following securities
. 80, added TO the Stock Exchange: Norfolk
western Railway. s10.oo0oOo additional divisional
g. lien general mortgage per cent bonds of 1914,
41r total listed s23 0.oee: Sl,05ooO0 additional
- - osn. rcfundng and Improvement bonds of the
&C. & Eastern Illinois Railroad Company.
Chicso =, Its,es $40 sI7 DOo- 81 762 ooo E3snsers'
Ls, Company certificates Of deposit for Cincin-
- indianapolis & Western Railway Company
srst ana refuneing per cent bonds; S2oo'oOe aq-
ss.ssssI n-st mortgage per cent flftyyear coupon
go making total listed ss,O4e,o0 Of the Cuba
gg<f-oad Company; sl,o000oO additional consoli
ss.s mortgage per cent bonds. making total list
esss a. o00 of the St Louis Southwestern Rail-
- Company; Sc. 5.76G.e00 Standard Trust Company
1-5sostes Of deposit for Atlanta-B Birmingham first
-.rare per cent thirty-year bonds Of the Sea-
e. AIR line Railway; SSo.oOo.OOO first lien and
1~s-,sfr- mortgage per cent bonds Of the Union
pscfAc Railroad Company
11o DE JANEIRO BoNDS-Seligman Brothers,
- london. who have purchased g. 100000 Rio de
S.-es-o ; Der cent city bends. guaranteed by the
.e-nr1snt Of Brazil. viii shortly public is
london. Berlin ana Amsterdam. Associated
.5ts them In the purchase are the Dresdner
5s@r ~ Berlin: Alsberg Goldberg & Co, of Am
.s-ssn and J. & w Seligman- Of New York.
is not believed that any public issue OF the loan
- be made here
: q apHoPHONE DIVIDEND PASSED. The
s,e-+o-s Of the American Graphophone Company
have passed the quarterly dividend OF IA per cent
- the preferred stock The company made
80 showing in its report for the last year. and
sore4 IN the first quarter OF the coupany's fiscal
- nroh.s exceeded the amount Of the preferred
.ba of the decided
.1s interests Of the stockholders would be best
ssrved by using all its cash resources in carrying
On the business
,'ntsl necessary TO place the Southern Steel Com
,,ny upon firm financial basis having been
---ises and practically all Of the creditors and
rprfzafion the reorganization committee has de-
slsred the plan operative Application will he
made TO the court tc have the receivers dis
charged.
ADMITTED TO oUoTATION.-The Stock Ex-
change announces that there have been admitted
- agotation in the unlisted department St. Louis
a San Francisco Railroad Company bankers trust
company certificates Of deposit for general lien
afteer 10 twenty year per cent bonds due 1922
u be dealt in and interest from November /,
1905
MINING COMPANY REPORT-The annual re-
ro-t ef the P5eneer Mining Company. Of Nome.
Alaska. fer 1908 shows gross output OF gold of
fg7s $40 o. and net profits Of S571eo3 61- In 1905
fse company paid q dividend Of II per cent. and
:, per cent in 1907. The dividend for 1903
s-no-nfs 70 3 per cent According TO the report
~ the company, it stu has enough cash on hand
to nss another small dividend but the board of
trustees has determined 10 hold this balance in
s-5sr 10 meet any possible emergency that may
s-Iss between now ana the opening Of naviga-
fion in 1909.
AMERICAN SMELLING STOCK LISTED.-The
$50 peO 0Oe per cent preferred stock and the
$50 600 900 common stock Of the American Snelt-
sns and Refining Company have been listed on
IRE Stock Exchange. Heretofore these issues have
been dealt IN in the unlisted department The
company's statement OF earnings and general
financial condition accompanying the application
10 list is the same as that printed in The Tribune
several days ago.
DIVIDENDS DECLARED-Dividends have been
declared as follows: National Biscuit Company
regular quarterly Ia cent on the preferred pay
able February %: American Express Company
regular quarterly g share. payable April l; Ma
tichsl Lead Company regular quarterly lz per cent
she preferred. payable March Is.
PORTO RICO BONDS HEAVILY OVERSIZE
SCRIBED-J. & w SeligTnan & Co. announce that
the issue Of 100000 per cent seIni-annual fve
% tEenfF-four-year serial improvement bonds OF
FOrto Rico nave been oversubscribed II is stated
thst the entire block probably viii go to Lawrence
Turnure & Co on all or none bid
NATIONAL BANK OF CUBA.-A. W. Preston,
president Of the United Fruit Company. and Err
assto Gaye. general agent Of the Compagnie
eenerae Transatlsntique. have been elected direc-
tors Of the National Bank Of Cuba
CHICAGO RAILWAYS BONDS SOLD-N. W.
Harris Co and the National City Bank have
sse ali the $s.oe0.ooo Chicago Railways first mort
gage per cent bonds offered yesterday.
san FRANCISCO BONDS-Speyer & Co, the
National City Bank and N W. Harris & Co. Of
New York were the highest bidders for s.. 400, 600
PsT cent seml-annual City Of San Francisco mu-
niciral bonds. The price offered was I2-33
NEW CONSOLIDATED NEUTRALITY-SUSPICIOUS. s
Phinny, y. r. Schoonmaker, John T. Kirby, Will
tam L Chapel Louis c Raecke and J. S. Becker
have been elected to membership in the Consoli-
dated Stock Exchange
GOLD FOR ARGENTINA.-The National Bank
q Commerce win ship 100000 gold to Argentina
m SS.51h
SECuPITIES AT AUCTION.