New-York tribune., 1909-10-01
TOPICS OF THE STREET.

F0-.EI-5E TRADING Foreign houses dealt in
T.N0 shares in the local market sales and pur-
ctases being a3orlt evenly divided In London
Ansrcau stocks were irregular with firm ten
csncy in tlS active issues. Consols were slightly
lover sn5 the general market vas inactive al IN
important pTlce changes, with the best showing in
re copper and other mining shares. Money main
izined ne fr1rer appearance noted in Wednesdays
nsrEst, and the weekly return OF the Bank OF
Elgand appeared 70 foreshadow higher rates The
proportion n reserve 70 liability was 5036 per cent
EEzils- a---I week ais al This time "a 81
Tazr There was falling OF in reserve OF more
- @-.s--.1e. ana a decline IN bullion OF e.
$1,000 Tie Bank OF England sent G25 600 TO
s'r'h America Yesterday and 100000 TO Egypt
QUEENS BOROUGH GAS AND ELECTRIC
a--laln = Read a Co. Offering al % and IN
crest. e. net ever ; per cent. sl.25O00O general
mortgage Ter cent htty-year gold bonds OF the
eNeeas Borough Gas and Electric COMPANY OF
-" itlh 4he total amount OF this issue is
Ateoeoar ~ which 81 SOC. 900 is outstanding The
company, which Does the gas and electric light
business q portion Of New York C-fry and in
one ~ Us most rapidly growing suburban districts
= nov reporting net earnings Of twice its bond
interest charges, and the revenues steadily and
sp.1.v Increasing According 10 a statement OF
LaIet0n MACY president Of the company. II has no
competition and operates under perpetual fran
Gyes both Tor gas and electricity. except one for
-ty years from 1904. Net earnings FOR the YEAR
sEce6 July ! last were sl92T40 and for the calen-
dsr year, IT is estimated. Will be considerably in
excess = 'vice tho bond interest
DIVIDENDS DECLARED Dividends have been
Declared as follows Anglo South American Bank.
pe- cent seTni-annuaL II. =. CIaHiu COMPANY,
gls-te-iy Der cent on the common. payable Oc-
io5er -. Vulcan Detinrinc. regular quarterly IL
pe- rent on the preferred payable October 20. san
Diego Consolidated Gas and Electric Coulparv,
Cusr-e~3T - per cent the preferred. payable
oc'o5a- r. oklahoma Gas and Electric Company.
quarterly "a PEI cent on the preferred. psyab bic
0ri05-~ -5 United Metals Selling COMPANY reg
usr quarterly $. New York Produce Exchange
Hsak- regular seni-aunual per cent and ! per
oeHf extra payable October :. Great Northern
Railroad. regular quarterly =. per cent payable
H0veuhe- :. Delaware. Lackawanna g. Western,
fsEsr quarterly % per cent. payable October %.
ST PACLs COAST EXTENSION EARNINGS
An o1rer u the Chicago Milwaukee e. ST Paul
says. ANY who looks FOR the publication OF
August earnings Of the 81 Pauls Pc ciSc Coast
extension VIII he disappointed for none VIII be
t't- our The figures VIII IN all probability not be
AaQe public for some months. the reason being
st The extension IS IN the eyes of the Interstate
-olnnerce Commission. stiU q construction and
et running over the road. hauling both freight
- passengers. but the passenger service is thus
sHEAILo>G's ARNINGS-Earnings of the Phila-
-Pl!a g. Read .uE for the month OF August showed
+-s-l increase ll net. against fairly large gain
t.ass vile The Coal and Iron Company OF the
1a4Ig system showed gross earnings Of sl.-so IS4
Fstec ~ '-l = I22.0so a year ago. and after
- q ce1c.t q 81 s2G against one OF go 7s5 in
Fl ~ COMPANIES in tne system showed a surplus
@5etses ~ $4fe5l2r against S50,T95 iu l-9s
~.s n 1917 and s-IeIs2 ia 1876 For the two
t---s q The fiscal year the surplus was smaller
60 n tie corresponding period IN the three pre-
HSA5...AGg STOCK EXCHANGE CLEARING
..'+---e governors Of the Chicago Stock Ex-
rf.+S Ia e decided 10 restore the Stock Exchange
vb-L-s Rouse, with some minor notifications
e. 49, however. require amendments 10 bylaws
ss,- a. .ecai forma'it.es can be arranged. Only
at-,s Or atfeeu leading active stocks VIII be ad-
% TIE Clearing House list and none with
E-rzter ofsce al Chicago
. s. So 70 MEMBER.-Charles J Lawson. OF
a 800 E1-aauge frm OF William s Lawson 3
49, 'een elected member Of the New York
.sss ge. ite takes the membership OF his
"iiiafn Lawson