New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1910-08-03
TOPICS OF THE STREET.

FOREIGN TRADING.-Foreign houses
We're not active in the local stock market.
trading in about 15G00 shares. evenly di-
Vided between sales and purchases.
ATCHISON EARNINGS.-The Atchison,
Topeka & Santa Fe reports for the month
OF June gross earnings OF So, 459, go an in
crease of S256, 52S. and net earnings OF So
s61.T92 - loss OF SEQ comparison being
made with the same time last year For
the first six months of the year the COM
pany'S net earnings show decline of 81
ST.. 34s
GOLD MOVEMENTS. South African
gold TO the amount of &,500,010 offered yes
terday III the open London market was
taken for shipment to New York Since
July Sl5.165,0G0 gold has been engaged IN
London for the account of the United
states OF the gold secured abroad vester-
DAY 26O.l40 was for the account OF Lazard
FTeres, Of this city. for immediate export
70 New York The announcement that
New York had bought all the Cape gold in
the London market practically had no ef-
feet upon the local exchange rates. as the
operations in exchange incident to the
transaction were conducted last week
Stock bills are not SO freely offered as re-
ported & week ago
AMERICAN RADIATOR.-The directors
Of the American Radiator Company have
declared the regular quarterly dividends OF
Ia per cent on the preferred stock payable
on August 15 and per cent on the COM
mon. payable on September so.
EQUITABLE TO BECOME MISSOURI
PACIFIC SUBSIDIARY TRUSTEE.-The
Equitable Trust Company of New York has
been appointed trustee of the Kansas &
Colorado Pacific Railway s50Goe,ds1 first
mortgage, 10 succeed the Guarantee Trust
Company. resigned.
JULY OBSERVATION-DISCLOSURES cIearings for
the month Of July are hardly more favor
able than IN June. and at many important
points, especially in the West and Middle
South there were losses. Total exchanges
for the month at all cities in the United
compiled by r. G. Dun & Co. embracing
1t leading centres, aggregate Sl5,Zl5, AZ
35S. decrease Of II per cent compared
with July. 1903, but a gain of 1913 per cent
over 1905. There is q decrease at New York
City where the returns were affected by
the comparative CuIetness in the financial
markets New England exchanges are
slightly smaller compared with last year
due TO the loss at Boston, but there are
gains at Providence, Springfield, Worcester,
Portland and Hartford At the important
cities N New England the returns are
more OF less affected by conditions IN the
textile markets. Many cities III the Mid
die Atlantic States continue 10 make
favorable returns as compared with earlier
CORRESPONDING periods. notably Philadelphia,
PittsburS. Scranton. Reading, Buffalo and
Syracuse, and where losses are reported
they are not of much Importance In the
South Atlantic States increases are most
generally shown and some OF them are
cutie large. especially in comparison with
1865. Among the cities reporting gains are
Baltimore. Wilmington. y c, Charleston.
Savannah. Atlanta. augusta. Macon and
ia jacksonville In the Middle SCUM III
creaSas 2Drear at such important centres
a St Louis Memphis. Chattanooga, Biz
miugham and Galveston. There is consider
able irreEularity at the West, many i'm
portaot cities showing losses, among them
Chicago and Cincinnati. but the decreases
in connpa rison with either year are small
IN amount. Among the cities reporting
gains ara Cleveland. Detroit, Milwaukee,
Indianapolis. Toledo. DAYTON. Youngstown
and Grand Rapids. IN the Far West there
IS some Improvement. but some losses also
appear in that section. On the other hand
most of the large cities make gains, some
OF which are quite large, among them
Minneapolis, St Paul Kansas City, st. Jo-
seph- Omaha and Wichita. Reports from
the business centres on the Pacific Slope
continue 20 show some marked gains over
both years. In considering the July re-
port in detail II is proper to remember
that in the comparison with a year ago
difference of one business day affects the
figures for This year unfaVoraoiG.