New-York tribune., 1909-03-12
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreigr houses sold q
few thousand shares on balance IN the local mar
ket IN London consols were frTner and the gen
eral market showed better tone on the improving
Balkan outlook There was, however. little new
business Call money at the British capital was in
better demand. and as high as per cent vas paid
Time money was easier and bills were firmer. The
Bank Ct England made change in fits minimum
rate q discount and showed in its weekly return
reroenteee Of reserve 10 LIABILITY above the nine
year average for this period
DIVIDENDS DECLARED.-Dividends have been
declared as follows: ROYAL Baking Powder Com
panv regular quarterly IL per cent the pre-
fe--as ravsbla March g.: Union Bag and Paper
Company regular quarterly ! Per cent on the pre-
fe-red payable April Is: Colonial Trust and saw
ings Bank Of Chicago. regular quarterly per cent
and l. Of Ter cent extra United Gas Improvement
Company OF Philadelphia regular quarterly per
cent psvsble April j.. Coal and Iron National
Park regular quarterly 2iz per cent payable April
/ F5oroestake Mining Company regular monthly so
cents United Cities Realty Corporation regular
ser1i-snn,lal ~ per cent and an extra q of per
cent on the preferred. payable May 1; Gorhan
Manufacturing Company regular quarterly IL per
cent on the preferred Westinghouse Air Brake
Company regular quarterly ~ per cent payable
April %; Cleveland Cincinnati, Chicago & st Louis
regular quarterly IL per cent the preferred. pay
ahle April %. Texas & Pacific Coal Company regu-
lar quarterly ~ per cent. payable April / Chicago
& Eastern Illinois regular quarterly IL per cent
the preferred. payable April !; Toledo, St Louis
& Western regular seui-annual per cent on the
prefer->d. payable April Is: American Agricultural
Chemical Company regular serni-annual per cent
OF the preferred payable April 10; Colorado &
Southern regular semi-annual per cent on the first
and second preferred payable April J.
LONDON STOCK EXCHANGE LIsTINGs-The
London Stock Exchange has ordered 10 he quoted
n the oficial list Union Pacific Railroad Company
"a 100000 per cent first lien and refunding mort
gage bonds No z ! 70 5000, for $500. and
70 Zoo. of 500 each, in lieu OF the English scrip
British Westinghouse Electric and Manufacturing
Company, Limited. s25o,0o0 per cent prior lien
debentures n lieu Of the scrip now quoted
COMMODITY PRICES LOWER.-Bradstreet' 8
approximate index number on March was IS 2l61,
g decline Of per cent from February /. though
Showing & gain Of SO per cent from June last
rea- and 2s per cent over March !. 1908. Com
pared with March /. 1907. the highest point Of re-
cent years, decline Of % per cent is shown. but
the advance over July l, 1895. IS ~ per cent
GOLD EXPORTS-Cnless the shippers change
their mind tI0000OO IN gold coin will be shipped
= London tot MORROW Il was reported yesterday
That efforts would be made 10 secure gold bars at
ne Philadelphia Mint for export 20 the British
capital. but teiegraphic dispatches from that city
stated that there was no stock OF bars at that
centre
MORE TINE FOR BOND DEPOSITs-Time
for depositing first mortgage gold bonds Of the
Atlanta. Birmingham Atlantic Railroad Com
pany with the protective committee. SeWsli H
FeEsenSsn. II Boston. chairman. has been ex-
tended May !. with the City Trust Company
OF Boston as depository.
z T NICHOLS'S NEW OFFICES-E. T.
Nichols third zice-president and secretary Of the
Great Northern Railway Company. has been elect
e 70 succeed James Steuart MaCkie secretary
and treasurer Of the Colorado & Southern Rail
say Company.
ELECTED TO STOCK ExCHANGE-wilbur s
Iarbell. who has been curb broker, has been
elected q member OF the New York Stock Ex-
change Mr. TarbeIl bought his seat from Robert
D. Farlee.
PHELPS DODGE co. DIvIDEND-The
cared an initial dividend Of e. 50 share. pay
sble April l.