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8 Potter, Cboate & Prentice MEMBERS >'. T. STOCK EXCHANGE Bankers •[Transact a general bank ing and commission busi ness. C Negotiate security issues of railroad and other corporations. C Orders exe cuted in all markets. In- . terest allowed on deposits * subject to cheque. Hanover Bank Building (NASSAU A>l> TINE STREETS) NEW YORK TREATISE ON OPTIONS. Mr Arthur Cramp, late City Editor of The Time*, described "Options" as "The most scientific and prudent way of operating on the Stock Exchange. This m-«t.ein. althouirh very popular on the Continent •tad In America, Is not so well known amongst In vestor* as Its merit* JoMlfy. Me hare Just pnbUnhed a new Treatise, on thl« sub ject, which vrlU be sent post free on applies* ion to The Secprtary. London S Paris Exchange, Ltd. BANKERS. Basildon House, Bank. London, England. Or from any of !t» Branches. R. L DAY & CO., 37 Wall St., 35 Congress St. NEW VOEK BOSTON" HIGH GRADE INVESTMENT BONDS Municipal and Railroad Member* »w York and Bom on Stock Exchange* New York City Bonds N. W. HARRIS & CO. BANKERS Pino Street, Corner William NEW YORK AMERICAN CHICLE COM. & PFD., LACKAWAXXA STEEL STOCK, ADAMS EXPRESS 4S. 1947, ROYAL BAKING POWDER PFD., BOCGHT AND SOLD. A" Inactive Stocks and Bonds dealt In EDGAR -YOUNGS, SS WALL ST.. Established 3?TS. NEW YORK. S5 WAI.L ST. NEW YORK. Phones 7402 and — Hanover. WANTED International Nickel Ss. Gulf & Chicago Klttt .">«. FOR SALE International Nickel Pref * Com. Oil Field* of Mexico Company. Standard Paint Co. Stock. Pu Pont Powder Pref & Com. S. H. P. PELL & CO. Member* New York Stock Exchangre. _ Tel. 7R«r. Hanover. 43 Exchange- PL CONSERVATIVE INVESTMENTS EVER & CO. Tel H«ov; r : 2 BANKERS, 37 Wall St. ADVERTI=;£3IEN'TS and pubscrlpUons for The Tribune A. received at their Uptown Office. No. 1364 Broadway, between S6th an-3 37th sts.. until » o'clock p. m. Adver tisements received at the following branch offices at r«-ciilar oSoe rates until 8 o'clock p. m.. viz.: 264 Sth *ye s c «<r. IM St.; 153 6th aye.. cor. 12th St.: 82 Bast 14th* *t- 2.">7 "West 424 St.. between 7th and &th ayes.; 263 We« 12Sth et.: 133S 3d are., between 76th and 77th its - 1025 3d axe., near 61st st : 170S Ist aye.. near S9th tt. : ' 167 East 125 th st : 756 Tremont aye.: 650 3d aye.. or any American District Telegraph Office. Dividend Notices. UNITED FRUIT COMPANY DIVIDEND NO. 86. A cuarterly dlviaend of two per cent on th* capital Hock of this Company has been declared, payable July 15 IT**' at the office of th« Treasurer. 131 State Street. Bortoti 'Mass.. to rtockholder* of record at the close of business June 26. I!***. CHARLES A. HUBBARD. Treasurer. NEW TORK ONTARIO & "WESTERN RAILWAY COM ' PANT New York, June 24. If*"*. Th- Board ■( Directors of the New York. Ontario ft prefer'- Railway Company have this day declared a divi dend of two <l'j per r*r.t upon the Common Stock, out c » tkc fiamlniss lor the year ending June 30th. payable en August 3rd. U<OS. to Stockholders of record on July q, v TOO* l The Transfer Books will be closed at three o'clock P. M. en July tub. IJ*>4, and reopened at ten o'clock A. 31.. on July 13th, 1906 5 R. D. RICKARD. Secretary. HtaJLS. KAROO * rOMPA>T. 51 Broadway. New York. June 25. 1909. A SEMI-ANNUAL DIVIDEND OF FIVE PER CENT. Iras been declared by the Directors of the Company, payable at our ©Sees as above, to stockholders of record on July 15. 1909. The transfer books will close on July 3d. and reopen on July 16th, IMS. A W. ZIMMERMAN'S. Secretary pro tern. Financial Meetings. New York. June 30. 190». Notice Is hereby given to th« stockholders of The Sagie Kir<- Conjpany of New York that, by order of the Board of Directors, a special meeting has been duly called for ten o'clock A. M. on Friday. the tenth day of July. UK*, at the ofHces cf the Company. No. 82 Beaver Street Borough of Manhattan. City of New York, for the purpose of considering a Resolution authorizing and !n rtructln* the President ard Secretary, on behalf of the *tockh*.lcers. to liquidate the Assets c* the Company, sxd ti!«reupc.ri. aft»: rr»idin(t for the liabtlitiefi cf the Com pany cot reinsured, to distribute from time to time the r>roce«Js of said Assets remaining BaB0O( the etockhold *rT r ro r»;a. IHBO ii. PRICE. Pre«X W. S. THORN. S«ic*y. . . a DVEFTISKMFNTF and subscriptions for The Tribune J\ received at th»"lr Uptown OOoe, No 13ft4 Broadway. b-tw»-en •■•6th and S7th ■».. until 9 o'clock p. m. Ad*«r t!*en;«n's received at the following branch offices at re«-a!ar otßcc "*' until B o'clock p. m.. viz : 264 £th ny « ( oar £33 ft.: 153 0::: «v. . cor. 12th St.; 92 East 14th' *t. • 257 "WVst 424 St.. l>et»eeii 7th and Sth ayes.; •«5 "West l»th *:-: 1338 3d »v . between 76th and 77th Ft* • 302 T. M ov# . near Cist St.; 1708 M »■» . near &6th et'-'i;7 Eart 125 th Bt 7.".*> TT-'-mm 1 aye.; 650 3d aye.. or any American District Telegraph COre. TRUST AND SURETY COMPANIES. tR-port«d by Clinton Gilbert, No. 2 Wall st > 314. Asked. | -• . ■* . ■ ' Bid. Asked. AH lance Realty 100 115 Law Mure Co.. 190 I'OO Am Surety Co. 147* 156 { Law T I AT.. — 200 Actor 2&0 £10 Lincoln I*2V4 — Bankers* 440 460 Lang I*l L& T 2.V) 266 B & Mir <3 Co 2»5 305 Mount Vernon.. 225 — Bowling Green 315 — Manhattan .... 350 400 Uroadway 126 — Mercantile 7.V> 600 Brooklyn J»0 400 Metropolitan — 490 — C*rn««le I^2'-i lß^Mtre Bond Co.. »0 — Cv Co of Am. 110 125 Morton 400 430 Central 1.500 — Mutual - «6 105 Cent Rl'v 00. 1M 190 Mutual Alllanc« ISO 170 City Invt Co.. 55 €0 Nassau 173 300 Cltliene* 125 — Nat Surety Co. 140 147% Columbia 205 215 N T L I A T . 1.000 — Commonwealth — *5 . N V Mtg & Sec 140 — <•>■— '■' .. 150 l«0 H T Trust Co.. 490 610 Empire Tr Co. 240 — People* . 265 2*5 Eoultab> . 365 FT.', R&BJty As*-*- .. 115 120 Fine L. * T. -1.060 1.100 Fumdard Trust. £25 Flits ..v TCo — 415 Title G&T Co 875 — Flatfcuris — 260 TlCoof NT. 105 lis Fracilla 176 — Trust Co of Am 243 255 !ton — 240 — UnSon -1.100 1,200 Tiit-lllv — *15 United States.. 1.060 1.110 Ouaranty TCo 410 — V a Cas Co . — 2'"« Gua^laa -- • — 225 CSM& TCo 225 350 Hamilton »* 2T5 V T *■ ICo — 75 Hoa* Tr Co. . 75 M.'. Van Norden — 305 Hudf-on Realty 100 -110 ! Washlneton ... 400 — Hudson Tr Co. 125 ISO MCettcheater ... 135 145 In- EiSc Corp l-» 110 W&BT &M Co 145 IV) Ki'nitf County. 435 455 Windsor 130 150 Knickerbocker. — 310 THE FINANCIAL MARKETS LOW, RECORD DEALINGS IN SECURITIES MARKET. Prices 'Generally Firm, and 'Stocks in Strong Hands— .Ease to Continue. - THE WEEK IN WALL STREET. Activity in last week's stock market -was re stricted by the approach of a holiday and by th« uncertainty over politics, the crops and business. Not^rithstandins the extreme dulness which made the week a record breaker for the year in the matter of quiet trading, prices as a rule were firm, the board room element ap parently being unwilling to operate to any ex tent on the short side of speculation, owing to the strong technical position of the market. Per haps it if were not for the great abundance of cheap money stacks would not be selling at their present level; but the fact that money is so cheap and so much under the return on standard stocks and bonds, together with the small floating supply of securities, insures prices against a big slump in the absence of developments that would weaken the intrinsic worth of investments and shake the confidence of holder? over the future. Stocks are in strong hands, the liquidation that was made necessary by the panic last fall has been thorough, weak spots have been eliminated and the substantial market interests with their ex tensive resources find no difficulty in protect ing prices against bear attacks. There is no good reason, based on current conditions antf presperts. for the sale of securities. It is quite evident the worst is over in the business world, it appears probable we will have average har vests and it is quite certain the nomination of Mr. Bryan means his defeat at the polls. His election would be a calamity; but the fact that the business interests of the country' are opposed to him and his policies and will work every minute until the close of the polls to bring about his defeat naturally encourages the belief in banking circles that the people of the United States who are in favor of prosperity, and they are the majority element in the country, will keep the party of progress and prosperity at "Washington by voting unanimously against the Democratic candidate. The country is In no mood to try Bryan experiments of government. In the stock market the first half of the year, closed with prices far above the 1907 panic level; and the improvement in securities was equalled by that in the condition of the banks and trust companies, and in the general financial situation ar large, notably in respect to the resumption by banking concerns that were forced to close their dwrs last falL The last six months has been a period of convalescence in the financial community, and the recovery has been so marked that its continuation in the next half year will, in the opinion of the best judges, serve to wipe out the effects of last year's disturbance. The banking centres were the first to suffer from the collapse last autumn, and naturally they have been the first to recover. Reaction in business. which was the logical and expected result of the October disasters, was somewhat slow in de veloping, but it finally came with a rush that raused almost heartbreaking declines in rail road earnings, heavy mercantile failures and a general restriction of trade and industry. Divi dends in many cases were lowered and in some instances passed, defaults were made on many railroad bonds and receiverships followed, liqui dation developed in all lines and commodity prices declined. And now the railroads are con fronted with either an advance in rate 3or a reduction in wages unless, as is hoped, the prof^ps of readjustment has reached its limit and the dawn of normal times in the business world may be counted upon. There are reasons for the belief that the hardest period of the hard times is a thing of the past. There are signa in commercial cpntres of a coming increase in demand and production, and. best of all. there are indications of returning confidence in busl r.<=f=s and financial circles. Confidence begets prosperity. Money is so cheap it is a drug on the market, but its accumulating tendency is' laying one of the foundations for returning in dustrial activity. With the vast accumulation of funds here and with big supplies at other centres at a time when attractive mortgage issues may be bought at price? that return substantial incomes, it would seem as if there ought soon to be greater ac tivity in the bond market. Bond brokers be lieve that cheap money soon will be reflected in increased operations in railway mortgages, both on the Stock Exchange and over the counter, and they look for a much better demand for mnuicipal. state and county issues, also for in dustrial issues of merit. There are many gilt edged industrial bonds representing companies that never have defaulted on their interest, notably the bonds of gas companies. Gas com panies, with but few exceptions, have had a long career as money makers, and even with the introduction of electricity and compulsory lower prices for gas they have not been compelled to disappoint their bondholders, and in very few cases their stockholders. Any representative Wall Street banking house will send on applica tion lists of bonds that are safe and, at present quotations, cheap investments. In these days of idle money, when many people are leaving their funds on deposit in trust companies drawing only 2 per cent, it is surprising funds do not seek better employment in mortgage issues, and doubtless when prices have advanced from 5 to 15 points the public will make a rush for Wall Street, as has always been its custom in the past. There was a trifle more activity in bonds last week in expectation of a. reinvestment of July disbursements, but the volume of trading was speculative in character and did not fore shadow an Immediate expansion in genuine busi ness. The local banks have gained $150,000,000 from the Interior in the last five months, and in that time they have sent more than $46,000,000 gold to Europe and have returned to the federal Treasury upward of $60,000,000 of government deposits. Cash and reserve holdings are heavier than recorded at this time In many years, and the call just made by the Secretary of the Treasury for additional government deposits and the demand later in connection with the financing of the harvests will not cause an ex tensive, advance in money rates. Time money for over the end of the year could be had last week at 3 a « per cent. This rate does not indi cate any expectation on the part of bankers of a high money market this fall. The federal Treasury ended the fiscal year with a revenue deficit of $59,655,092, compared with a surplus of $55,f129,425 a year ago, or a loss in the twelve months of (148.585,417. As a result of lighter Income and increased ex penditures there has been a material falling off in the Treasury's available cash balance, which at present stands at E23&89&389. of which $1n.3,- J599.036 is In depositary banks to the credit of the Treasurer of the United States, and $14,779. 737 to the credit nf government disbursing of ficers, leaving actual available cash holdings in the Treasury, outside of the $150,000,000 frold reserve. $70,214,218. In consequence of the ne cessity of making provision for the government 3 per cent bonds which nature in August the. Secretary of the. Treasury has made a call upon depositary banks for the return of $45,000,000 federal money. In the local banks government deposits amount to only $19,000,000, and the re call of this entire sura would have no appreciable effect upon the New York money market, while if interior banks in responding to the call for their proportion draw on their balances at this centre the money market situation here will not be weakened to an extent that would work hard ship to borrowers. RAILROAD EARNINGS. Th» Tribune has printed the gross earnings of tnirty-nlne. railroads or systems for the third -week la June Of these, four return gain* of J15,637, or 6.7 per cent, and thirty-five return losses of C- 454, or 18 per cent. The whole shows a. losa of 5a.£».817. or 17.2 per cent. IMS. 1»7. Difference*. P.c. Third week in June — 4 companies.. $362,216 #442 £.79 Inc. $19,637 6.7 £5 comp»clfcS. . &.562.400 10.202.&64 Dec 1.&40.4&4 16.0 "lotal S» c0».«* '24.614 $Ui1£45,453 Dec.sl,S2o,SlT 17 NEW- YORK DAILY TRIBUNE^ MONDAY, JULY 6, 1908. WEEKLY TABLE OF BONDS. , , . — ; ■ 1 SaJe.. Bonds. j^HUh.) |F!n-l| Sale*. Bonds. [ggfP*- $2000 iU S4s COU 1930. 104* 104 104 104 - H 8000 Japanese 2d ::::: i fS% |»|» &%*-t * 21000 do 44s |?? l i f*> .S9H 89U SRe dP°oV-cd P °oV-cu b a- s ;:ip |^ A if ±* fgg n^s^rS : 1% ft .i& ft — llSNYlWfl^lg l|H l|%lo|^ ||g riSgl S »•*&::» a 1 !| lp? - 4 8000 Adams Ex .... 88 8S 8.?. |«%» —l * 1000 Alb & Susa 34s- 85% 95 95 95 — Jfc 14000 Am Cot Oil 44s- »2 02% 915* 91* —.* 73000: Am H& L 65... 88% 90 89H 80 +14 • 6000 AT & T Col 4b. — 8S S3 89 — — - 647000 do Convt 45... 844 854 844 ,££% + *. 16SO00 Am Tobacco 65.. 105^ 1054 10f. 1° 5 4 — H 4000 do Reg 1106 105** 105 105 101000 do 4s 72U 724 '24 72H -— - I.XIOO AT& 9 F Adj 4s 574 89 *§> ShJ4 + S 36000 do Stpd 864 874 66\ 874 + S 230000 do Gen 4s »S 084 »7* »8 — 32000 do Convt 45... 90 91 90 191 + 1 ISOOOO do Convt 5p... 100 100 994 100 &000 do E Okla 45.. 97 97 »7»i, I 97% + % 6000 At Coast 4f 91 9H; 9(M.i |91 - 32000 Bait & O Gold 4s 98^ 984 95% 9SU, — *•* 24000 do Prior 345.. 83^ ft3>4 •93 »? — • "T, 6000 do Swn 345... 89»4 '88»i BS'4 Sb»i + 4 I9Vi,x> Bkln Rap Tr 4s. 73 734 •71 71^ +_* 2000 do 6s — 99 99 99 • 21000 Bkln Un El Ist. 994 93^ 994 »&v 4 + '4 9000 i Bkln Un Gas ss. 103 103 102% 1O2»4 — '» 90000 CSo Ist Ext 6s. 110 111 '107411014 + 4 5000 do 2d 5s 103 1034 1034 1034 + 4 15000 C of Ga Con 5?. 105 105>4 104*4 104>4 — H. 26000 Cent Leather ss. I 944 95 94H 95 + 4 6000 Cof X J Gen ss. 124* 124 '1214; 122 — 4 5000 Cent Pac Gtd 4s. I 974 97% 974 1 97% + H 23000 C & O Gen 445.. 1 1004 101 1004 1004 - 4000 C & E 111 Gen 55j1124 112% 1124 1124 + % 1000 C&NWT)eb 1933 K. 107 109 109 J lO9 + 2 20001 do Con 6s — 117 117 117 ; 1000 Chic & Alt 34s . — 64>4 64V* 644 — 290000 CB& QJt 45.. 99 99' 4 *96 96 — 1 8000 do Reg -■ 96T» 964 96 96 — % 872000 do Gen 4s. 97% 97% 97 97 -4 + I* 2000 do Deb s*._ . 102 lOlVi. 1014.1014 - 1 * 1000 do Den Div 4s. 100 100^ IW4 1100^4 + 4 630001 do 111 Div 45.. 101*1 *100 100 100 + *4 11000 do 3V.5... 894! 894 88 88 —14 3000 do I Div SF 5s 106 '1054 1054 1054 + 2 4000 do Neb Ext 4s 99 954 98 984 — J? 5000 CH&StPC&PW 6sillO\ 1114 111% m% + * 2000 do W& M 5s 1 1084 1094 1094 1094 +I * 2000 CRI A- P Gen 6s 1154 '1124 1124 1124 — 10000 do Gen 4s 98 98 »95 95 — 46000 do Ref 4e 85 85 84»i 85 - — 180000 do RR 48 624 68 U 624 62^4 + H 14000 doClTrse.... 65 664 644 644 — % 1000 C & Mah Ist 6s. — '103 103 • 103 ~r 2000 CCC & I Gen 6s 121' 1244 124H 124 Li +34 14000jCCC&St L Gen 4s 95 95 94 94% — % 1000 do St L Div 4s 93 '91\ 91% 91% — 4 10000 Col &So Ist 45.. 89% 90 90 |90 +4. 64000 do Ref&Ext44» 78% 79 78*4 79 + % 45000 Col Ind 5s 62"» 624 62 62 — % 1000 Col Mid Ist 45.. 63 63 63 63 — 17000 Con Gas Deb 6s. 126 125 125 125 — 1 11000 Con Tob 4s 72 72 72 72 1000 C I & L Ref 6s. — 124 124 124 11000 & H Convt 4s. 96"4 97 964 97 1- H 12000] D& R G Con 4s 92 '894 89 894 — % 5000 D& M Gold 45.. 92 "874 87U 874 —24 16000 Dist Sec Cor 55.. 71 72% 71% 72+1 £000 ETV&GCon Ist 5s 105H 105 105 105 ■ — H • 8000 Erie Ist Con 4?. 804 82 81 82 +14 SHOO do Gen 4s 634 t63 63 63 -— — 1000 do Coupon on.. 634 644 644 644 + J 1000 do Convt 4s A. 56 67 57 57 +1 1000 do B 49 52 52 152 +3 7000 do Perm CT 45 824 824 8241 824 — 1000 Ev & Ind Con 6s 10S 113% 113% 113% +6% ISOOOiGen Elec Deb ss. 1184 118% 118% 118% + i 20000 Gr Bay Deb 8. . 13 124 H4 114 —14 1000 j Hock V Ist 445. 1034 1024 1 1024 1024 — 1 ' 3000 111 C L Div 345. 89 89% 89% 89% + % 1000 ! Ind B & W 45... 94 94 94 94 — KSOOO Int-Met 44s 65 67% 64% 67 +2 334000. Int R T N Ctfs. 10f>4 1004 1004 100% + 4 1000 Int Nay 5r 82 84 84 I 84 + 2 16000 Int Paper 65... 101 101 1014 1014 6000 do 5s 804 80% £04 80% + H. 6000 X C F S & M 4? 70 70 70 70 MOO! Kan City 9o 3s. 704 71% 71 71 4- 7 i 1000 i Ken Cent 4s 944 94 84 94 — 4 10000 1 K Co El 4s Stpd 804 804 80% 80% + H 2000 Lacka ; Steel 55.. 90% 90% 90% I 90% 3000 Lac Ga* Ist 55.. 102 102% 102 102 145000 L S&M S4s 1931 92 824 92 92% 4- Vi 6000 do Deb 4s 92% 94 93 ] 934 + \ 23000 do 34s 914 914 91 914 — — 1000 LV N V Gtd 4%5]105% '104 104 104 + % 16000 L I Ref 4s 94% 944 944 944 + 4 15000 L& N Unit 45.. 99 99 »96^ 97% 4- % 4000 do AX& C4s 88 88 87% 87% — %■ 2000 1 Mich State Tel 6s — 96% 96% 96*, 16000 Man Con 4s 96% 96'; 96 96% 634000 do Stpd — 974 97 97 — 13000 Marine 44s 684 70 69 70 •+■ 1% 6000 MSt Ry Gen 6s 804 81 81 81 + 4 2000! Mof N J Ist 6s. 102 102 102 102 13000 MX & T Ist 4s. 964 97 964 96% + Vi 8000 do 2d 83% 834, 83 83% — 4000 do Ext 5s 102 101 1004 1004 —1% 6000 do S F 44* 79 79 79 79 • 2<X»f>o|Mo Pac 4s 70% 71 70& 71 + % 5000 Mcx Cent Con 4« — ■ 81 81 81 16000 NYC Deb 1934. 84 98% 934 93% — 4 10000 do Gen 845... 93 924 92 924 — % 14000 do L S Col 34» 80% 82 80% 82 4- 1% 85000 do Re* 78% 81 804 81 4- 2% 2000 do M C Col 34s 81 80 SO SO — 1 14000 NYC&St L4s 100 100% 100 100 67000 NT A B Convt 6s 87% 91 "88% | 90% 4- 4% 13000 NYG&ELH&P 5s 974 974 97% 974 " 9000 NYNH&HCvt 3%s 864 86% 86% 86% + % S9OOO do Deb 6s 1254 127 1264 127 +14 65000 do Ctfs Ist pd 123% 125 123% j 125 4- 1% 31000 N& "W Con 45.. 944 94% 944 94% 4- % 105000 do Convt 45... 82% ?3V. 82% 834 4- % 10000 do PC & C 4s. 834 884 83 834 10000 Nor Pac Gen 3s. 71% 72 71% 72 4- % 66000 do Prior 4b 101% «101% 10114 101% — Vi 1000 do Reg 101 101 101 101 — 11000 Nof M Ist Con 4s — 814 81 81 «000:O R& N Con 4b 954 964 96 964 4- % 1000 Ore E>h L Ist 6s. 122 120 120 120 — 2 1000 do Ist Con 65.. 1144 1144 1144 114% — 188000 do Gtd Ref 4s. 89 90% 89 80% j4- 1% 61000 Perm Convt 3Us. 9f>4 95% 9f>4 954 1 250000 do 34s 19157. . 92 924 92 92% | 4- % 1000 do Con 4s 1943 99 101i 4 101 4 101 1 4-24 724000 do Con 4s Rets 101% 1024 101% 101% 4- 4 10000 PGA-CChlstCon 6s 1124 115 115 ] 115 4-24 111000 Reading Gen 4s. 98% 90 '974 i *>"4 4- » 2000 1 do J C Col 4s. 93% 94 94 94 4- % 2OOO'R I & Stl Col 6s 934 91 934 94 4-4 3000 Rio GXV 15t.... 864 *84 84 jB4 — 4 2000 St DM & M 2d. — 104 104 104 5000 do 44s — 1064 1064 106% 86000 St LIM&S Gen 5s 1064 107 106"-, 107 4- % 6000 ido Ref 4s 77% 77 '744 74%, — 4 2000 do Riv & G 4s l 83 83 83 83 84000 StL & S F Ref 4s 70 704 '67 67—1 1000 St L Swn Ist 4s. R74 874 -874 874 3000 do Con 4s 66 «r>4 65 654 — % 8000 StPM&MD Ext 6s 104% 103% 103% 103% 1 — % 10000 S A & A P 45... 84 85 '82 824 + 4 4<>vi Scab A L Gold 4s 634 f>- r '% B6U 65% 4- 1% ' 36000 So Pac Cl Tr 4s. 86 86 85% fi« 103000 do Ist Ref 4?.. 92% 92% *90 91% 4- 1 10000 South Ry Ist 6s. 994 99% *!>7 j 974 4- % 30O""> Tel & R Gen 5s I 994 *97 95% 95% i — 1% 10f«il do Birm 6s — I 1064 1064 1064 1000 ThAv Con 4s Stpd 61% 51% 51% 51% — 4 6000 T Peo & XV 45.. 824 'SO 80 1 80 , — 4 21000 TStL &XV 45.. 734 724 724 724 —1 , 83000 Union Pac Ist 4s 102% 1024 «1004 100% — % 703000 do Convt 45... 91% 92 *89% 904 4- % 615000 do Ref 4s W I 95% f¥>% 95 j 95% — lOOOIIT S Leather 6n. . 106 103 105 jlO5 — 1 347000 U S Steel SF 5s 964 98% 96% 9S 4- 14 11000 do Re 96 97% 96% 98 4- 2 12000 Wabash Ist 65... 1 103% 1"44 104 104 4- . % 2000 do 2d 190 89% 89% 89% — % 60000 do Ref&Ext 4s 63% 54% '52 624 4- % S9OOO Wab Pitts T Ist. 44 444 43% 43;, — 4 63000 do 2d 10 104 9% 10 — — 40000 1 TTest Md 4b 674 704 69 704 4-3 2000 : West Shore 45.. 103% 103% '101% 101% — • 7000 do Reg 1014 100% 100 100 —1% 14000 tVestlnrh SF5s 83 834 •8« , «> —}4 6000 1 WUnF& RE. 854 86% 86% 86% 4- 1% 12000 TVis Cent Gen 4s 85*41 8.1% 85 85% 4000 XV N T&P Gen ss| — I 91 j 91 I 91 $11,147,000 Total sales for the week. •Ex Interest. fS2OF. GOVERNMENT BONDS. Government bond quotations compare as follows ■with thosa of a week ago: — June. 27. — — July 3. — Bid. Asked. Bid. Asked. TJ S. 2s. registered. 1330 104 105 104 106 U. a. 2a. coupon. 1930 104 H I<>sH 104 — U. S. 3». registered. 1908 ino«i 1014 • 100 100*4 U. 8. Ss. coupon. 1908 I™% 101 •, 100»i mi i, V. B. 3s, Fmall bonds 100*4 — 100H — U. E. 4». registered. 1&25 121H 122 121 Vi 122 l i U. S. 4S. coupon. 1925 122*4 123 122* i 123 V BALTIMORE & OHIO BOND SALE. i J Last of Prior Lien Bonds Offered. ■With the sale of $2,072,000 Baltimore & Ohio Rail road Company prior lien S^jj per cent gold bonds, which will be offered by the Guaranty Trust Com pany for public subscription to-day at 92^ and ac crued Interest, the yield of 4.16 per cpnt, the entire, amount of bonds aggregating $75,000,000 Issued un der this mortgage will have been disposed of. "With this offering the mortgage .*«» closed, and In conse quence this is probably the last opportunity to obtain a round amount of these bonds at a satis- tory price. The recent offerings of the Pennsylvania Railroad Company, first mortgage bonds, were about the last of the big issues of prior lien securities held in reserve by any railroad company in the country, and there are comparatively few even small issues of the prior lien clas3 now left, the disposal of the Baltimore & Ohio 3%5. reducing the number by one more. ■. •■-'." • These bonds are secured by a first mortgage (sub ject to a nominal lien of about $71 for earn mile of track) on the main line of road extending from Baltimore to "Wheeling and Pittaburg, also by a first lien upon equipment conservatively valued at $50,000,000. Fox each of the years ended June 30, ISO 6, and June 30, 1907, the total net income of the company was equal to nearly three times the total Interest and rental charges. After deducting the value of the equipment pleged under this mort gage the bonds are a mortgage at the rate of about $30,000 ■ a mile upon a double track road, whose gross earnl^s in 1907 amounted to $30,628 a mile. They are followed by first mortgage 4s, selling at 9**, which axe reserved to retire these bonds at Chartered 1822 The Farmers' Loan and Trust Company, Nos. 16, 18, 20 & 22 'William Street Branch Office, 475 Fifth Avenue, New York. LOTTDOJT PASIS: 13 Bishopsgate Stl Within. 41 Boulevard Hanssmann. Bills of Exchange, Cheques and Cable Transfers- Travelers' Letters of Credit Payable Throughout the World RAILROAD ANT) OTHER STOCKS. Following is th. usual table giving the number of shares of all stock, dealt In last week, wher with the highest, lowest and final prices of the week, the final rice 3 of a week ago and the^c^s ing prices of July 6, 1907. the net changes of theweek and the high and low prices in the year MOB, with the high and low prices in the year 1907: % , . , ' ' Tfl , : July I Actual sales July 3. Juno I Range 1909. Range 1907^ •h»«. I ' I 1&. I "if ¥s7. I S.I I** change! H «g"l *£•• 1 «t. I" r 3.455 Allls-Chalmers %* 221 ™* gj* $4 +1 «j :14 I «S] 4. 2.77« do preferred ™£ &** 34 35^ 34W +1 «^ mH 4^ 40,6*0 •Amalgamated Copper t»2h 66* 65 f^ I 5 X 9^ 23S »*i ili^^M| 1 1 1 1 § m i i a 1 2,600 Am c» jk Ternary **J a* s * *p |**» |f? ZL_ Ss? M»» 103 W 10.J Am Hide & Leather pref I* 5*5 * 1» 1| s| ■« _T . 29^ 12H ( gs §4 2.510 Am Ice Securities., 70 27% . 26% 2|4 -^ ♦ 12 ~* tf 19^ 6i 70<j "Am Linseed -"H » * » ipu +1H 2SW 17 39 1«H 53 'do preferred B-- — . •», £ *» 9^^ 60 102 75 52 lAm Snuff preferred — SO4 604 «£4 »- + s 7% 4^ 10% *H 800 Am Steel Foundry — • 7H 51 IJ» to* -r £ 7 £ 414 — — 1.1-O0 d^p^r^:-.:-.:::::::: «H •'/» ss t7 t f 7 -t- | fl « 4 - » 100 do preferred 3«H S5 Se Sr tal Zft 37*; 27^ — — 900 «do preferred . ™:::: ?— - 37 £ & S^H + £ 4R S5 S* 1.375 'Am Sugar 124% 126 *|» Z 2 eS^ 53^ « «► 150 Am Telegraph & Cable — 64% "^ »v» v —*» ** * " I.SOO Am Telegraph & Telephone.... — 11|H 11.* — »«» _ „ 120H 101 133 ?<? do ex div 2 per cent — 11<?J4 11|H U54 — i- o >^ ' r2Vj ft^ w «> 300 Am Tobacco pref.... ©2 |sH B|* ||H ||^ ~ * »-^i »^» 36 ,* 121 i 1.4001 'Am Woollen 1 !^ I! 24 22^ m 111 + 1 » I « & «* 8 |U «* «h - a » » 6^ 700 d^^v^per-cnt.:::::: »3 95 S 8 « _ j,J - 6^ 101H 5 do ex dlv 2% per cent — ■»■*„&■£> 85 I 4- 6 I »4 69H 133^ 6S SS^» M! it:::::::: ci" i*, A £»? - d •£ y 470 Butterick Company — 20 J» « .^i •'« 16 254' 140 1!»* 133 1.620 Canadian Pacific 176H 16O»4 15»H 159H 159 J,* 2=2 13H *> ' 11T * 510 Central Leather »* 25H |4% 25 24, +1 g.«4 £p ,44, 44 310 Central of New Jersey ISO 103 190 193 ISS +» a»J '^ sft 23>-i 8.850 Chesapeake & Ohio 3«H 40H 30£ 40 m, -r > %* v> * 274 *H 200 Chicago & Alton If 25^ 2n\ j.5Ji M * 60 47 60 4 , 100 do preferred 63 SBH 58^, 654 <*£' — — W 3H M ! 6% 980! Chicago Great Western ........ 11H 6J» 6^,, J6 1 * , 6£ + H j^ 103 2 157% »3% B H li is I ™ S » is .18 g? f » |;| +« g£ - g 1.600 [C0l Fuel & Iron 3S\ 2.^ 26H »% |T\»J *ii< Si ,7, 7 1.600 Col Fuel & Iron 33* i 2Jt t 26H -6^ 4 J7J* 01* v „ 2,710 Colorado & Southern a 31H 30% v 3M» j- »4 *3 j g% a & 300 do Ist preferred Wi SSJ, 8^ ? «|^ +- ,* 5^ aX 2» ! .4 600 do 2d preferred 47H <9 l « « *ij* Z. 1: 24 H 3 "* 2S»s 1* 200 Col & Hocking Coal & Iron 25' i 20H 20% 20H 2W* £ « _ 4 2.600 Consolidated Gas 122 3 1-3 IZSH .\"« 3.-2 d 10»4 IT i 200 Corn ProducU Refining If* WH I^4 W? }**' ~a * ig* |^ 4 &s * 44 200 ido pref ex dlv 1 per cent.... 73 69* 6.1, 6^4 </> + I o^ JJ M 6.500 •Comstock Tunnel .-5 .3- .W -d- -^- 81(> 3rt!> ti 360 Del Lack & Western 4bo* 624 52ft 6.4 000% t^ ow * 200 Detroit United R R 1— * * 2 « £ |' T °v 3f u 7 s 25 300 •Distilling Securities 66\ 34 »« 34 34H r-j^ i»{» 19H 614 200 'Duluth. South Shore & At.... - 12 114 11V. 114 W» 3a 1(> 100 'do preferred — 2" 20. 20 ,^* 12 * 44 t t I2^i 3.500 Erie 2oH 10,4 £, 19 ?T 1 S S* - 5T 5 SS co^rrefrrrfd-.:.::::::::::: SS p 3^ g§ | pi g» i ,S S 150 General El-ctrlc Company 1» i|4 13£» 104 g - 3 | II Vik «i IW% 10,150 Great Northern P r*f U»« 131H 129H 131-S I»J4 +»* J 37 8.100 «do ore certificate* .. 61 g* »» g» ~* p ,^ n4 *« 100 'Hocking Valley certificates... 87 86 S6 S« 8- -r 4 £ «- M 64 e.^S^cVtWi:-.v:;::::::::::: if ijS & i|4 i^ — .« 1224 « »&, li^^^^^sSl - A & &j i.^ +« -g* 1 is 1 «0o! International Paper 15 10^ »_» r Wl tt 3-5 3 J ik & 300 do preferred. 72 » 64, 55 6^ — — * 3 100 •International Power — 81 31 31 - +» g 41 g 100 International Pump . 24 23% 23S 23»»l ££* + .', » ?1 M I.2fi3f do c; n^."v.v.:::::v.y-v. — » § § g _- g w »^ ll^^gll .| f#fli 1 1 ■«: I * s* . 139 Mackay Company pref 66 65 . iS, 65 M, ±1 H * % 410jManhattan Elected 132 136 136 130 M -t- JJ - 12l B.flnoM-xlcan Central ctfs. 20^ IRJ 14> 15 15 — - - gW g* -"■» S tiOO.M'.nneapoUs &St Louis »A |^ A>-^ +2 £ ;§s :0° Si -rSi>,,li'>SV^'i| s fMT^:: Jg A ■« |jj - ■?:;; ■£ Sk 1.610 Missouri Kansar & Texas ;; 3o£ 2.4 a. 27% S __* ss 4 8 a 63 R.6SO; Missouri Pacific — . |. gi|«i 4^4 ™ gs If ss e^ 50 •National Biscuit 7,t 4 844 $44 84% MH u -^ jiih=- iff fin «if i 3p^@pi tf : l ! l f !?, 1 1, «; f I.9lo .Norfolk & Western 76_> ,0 67H «• : li: I 64 42 - » 37 Jp^lii i f ie f S ! ? iA ?: fl 4 is^ttl ii 1 1 f til *i i i JSip.X:"'Kri.>.,-:::::::::: Iliiliil 11 is^li 1 1 h tllt 1 1 SE 1 1 C^V P av:.v.v.v.:::::.. : : «* *% 294, p gl -^ «% »* g* g« 2^! sl^ r h e^e d d. 5t .!! .. & .! rr ° n :::: If g a «* s «» is & 5* a 80^ Southern^ Pacific^.^.. ........ - »j J* = £» +1 -» <^ i^^li Ifft i|b 1 1 1 i l^™ill i 1 1 1 1 r 1 1 ; i R7O Third Avenue Railroad — 32 294 31% 29', 39 154 1^ 15* 100 Toledo Railways & Light 25»» 94 »4 »4 10 — 4 IM* g » : laps- 1 § 1 1 1 1 1 1 1 i 3 I^IM iililifl iilPll '■s™™^::^:;:: f a ,| .| if |j 4 i f r 100 Virginia Iron C& C «« 494 434 494 4« zl4 56 43^ Pj 31 dwe^rr^^^eleVra^.V.V.: g> Bgj 5 | |* Ijj, «H « • |4W4 W 1 858.673 Total sales for the week. 'Unlisted. v __^ ' " maturity, and of which additional will be sold to improve the property covered by the prior lien 3^s. In spite of the pronounced decline in railroad earnings, the net income of the Baltimore & Ohio for the first eleven months of the current fiscal year was sufficient to pay all prior charges, leav ing 5 per cent available for the common stock for the full year, without taking into account the earn ings for the month of June. The funded debt of the Baltimore & Ohio in the last seven years has increased only fiom J66.530 a mile to $71,236 a mile, or fi.64 per cent, while the stock erjuity behind the funded debt has increased from SS2.S4I a mile to $53,500 a mile, or 63.90 per cent. In the game period gross earnings have increased from SH,<HS a mile to J2O.KS a mile, or 40.14 per cent. Furthermore, after paying an average yearly in terest and rental charge of $2,fi19 a mile, there re malned an average surplus of $2,975 a mile, showing that tiwi average earnings throughout the period were more than double tha Interest and rental charges. WEEKLY CATTLE MARKET. Philadelphia, July —Receipts for th» -week: Baaf cattle. 2.133 head: sheep and lambs. «,444 head; hoys. 2.364 bead, calves. 470 head. BEEF CATTLE steady: steers, extra. *7 37^©57 •*>: average best. *8 S7«i<3«7; choice. $6M>3s6 75; rood. »B©t«2s: medium. »6 55®*5 75; common. $s@ss 25: bulls. $4'6 > $5; cows dull, fat cows. 3QJ4 50: thin cows, $175<852 75: milch cows common to choice, *350560 CALVES alow: exceptional Mock, $« .*> ®J6 75: good to choice. **:»€s« 50. medium. $5 50-B*ft. common. $400@55; grosser* and Westerns. WriS 50. EUEEP steady: spring lambs easier; sheep. wethers, extra. $4 60S $4 75: choice. $4 253 54 50; good W3H 25; medium. $8 60<854; common. $2@s3: ewes, heavy, fat. $4tf(s4 25- winter lambs, extra, *5 50g«75; rood in choice. V-355 25. medium. $4&M.V>. common. $3f>"Vgs4 ; spring, extra, *« 75(847; good to choice. $6 2&856 75; medium. J6*gs«2ft, common. $5&55 60. HOGS firm. Westerns as to fit" and quality $9 35(949 50. City dressed stook steady: native steers. 104g'i2c: Texas, "Vsfifl^c; cows. 6V,®Bc; veals, 10®10*4C. extras. 12c. gra*s*rs and Wert«njs. 7®ftc; country die&ied slow. JKj> I<V extras 10^c; sheep. &8&l»e: extra' wether*, »\c. lambs. UlffllHc; extras, 12c; spring lambs. 123Hc; boo. »ttc _ . BANK EXCHANGES: SALES RECORDED. The bank exchanges of the New York Clearing House and the stocks sold on the New York Stock Exchange last week and in the same week of the preceding two years compare as follows: July 3, 'OS. July ft. "07. July T. 'OH Exchanges ...$1,356,630,245 $1.770. 759.57T 11.572. 420.150 No. snares sold 853.473 2.309,961 3.926.248 MISCELLANEOI (Revised by Frederic H. X Stocks. Dlv. Bid. Asked. Am B S A F 4 36 40 do pref 7 75 80 Am Brass... 5 105 112 •Am Chicle.. l 2 156 192 do pref 6 92 95 Am Coal P.. 6H 65 69 •Am Press... 6 8714 102V> Am Thread pf 4 S 1 * 414 1 Am Type Fdy 4 86 88 do pref 7 95 98 Babcock A W 7 90 95 Barney AS C 4 — 60 do pre,f 8 115 120 Borden's CM 8 135 139 do pref.... 6 105 106 Bush Term..— 80 — Con Rub T.. — 4 6 in pref.... — 15 25 Conn RAI* 4 60 65 do pref 4 «5 75 •Celluloid ... « 123 — Empire S A I— 6 10 do pref 4 45 65 Hall Signal..— 80 85 Herr-H-M ..— 30 45 Int Nickel...— M 90 do pref 6 70 SO Int Silver.... — ' 6 8 do pref ._ 4 M 634 Klrby Lum.. — 20 25 do pref — 60 65 •And extra. bo: Int. B!<t Asked. Am Malt Ist. 6 [<» 101 A PA F Ist. 6 »ft 100 Am TA S Ist 5 85 99 Am T F dbt. 6 100 105 Heck-J-J Ist 6 100 106 Int Nickel Ist 5 . 724 "~'-t Int Silver Ist « 103 106 do dbt 6 7S 85 Leg (FH-> Ist 6 90 _ Met Wat Ist. 4 45 B5 X J Sun Ist. & SO 80 JS SECURITIES. latch. No. 80 Broad street.) Stocks. Dlv. Bid. Asked. XC E LA P. 8 113 115 Lacka Steel... — 33 38 Lord & Taylor * 125 135 do pref..... 6 99 103 Lorlllard pf. . . • 110 135 Nat Ca»h Rpf T 100 120 Ntles-Bem-P . 6 {*> M do pref ft {*> K«> Otis Elevator. 2 35 39 do pref 8 «4, m Old Pom SB. « I<V> 115 Pratt A W pf. 8 93 IPS •R Ban Powd. S 139 143 do pref 6 90 100 •Saf C H A L 8 113 ; 115 Standard Coup 5 35 45 Standard Mill. — « Tl4 d.-> pref S 30 33 Texas Co 12 125 130 Trenton Pot— — 3 7 do pref — 40 (it) d.-> fdy cer.. « 40 60 Trow Direc. .. — 80 40 Union Carbide— 8714 Union Ferry.. 3 12 13 Union Typew. « v 453 do Ist pref. 7 108 112 do 2d pref. . 8 102 10« United Bk N. 4 M 53 do pref 8 At 13 "JDS. Int. Bit AskwL N T Bl»c Ist. ft 100 — Nwest CR Ist » 75 — OH D 3 S Ist I S'S 104 Ont Power Ist 5 89 »9 P C A C 1953. 5 35 45 Stock Q' ">t Tel 5 (XV — Sun C Co 1944 5 80 «5 Un Carb Ist.. 0 M 108 Un Lead dbt. 5 «4 «• Va rax Chem. 5 W 101 Capital $1,000,000 Surplus $500 Ik' 7 WALL STREET. NKW YORK Savings Banks. . 1 and 3 WnW^uSwuß iST ***"■- ; 110 th DIVIDEND INTEREST FOR THE HALT -TEAR Era»J t, JUNE 30TH. l»09. at th« rat» of ' Four Per Cent. Per Annum will be credited to d-posltorn entitled th«m« j th« y E a RE of th» hank in sums fr^m *.*. •■> 11 ,KyT* INT BREST PAYABLE JT;LT ISTH. :>-. "" MONET DEPOSITED on or Nefore Jiily :.1 t5 % _< «»w interest from J'lly lit draw unarm J<MfATHAS 3 r-- RRET> pr,^,^^ EDWARD SHERER. Secretary. THE BOWERY SAVINGS BAN!, 128 ANI> ISO BOWERT. NEW YORK. Juivj ». :na; A seml-anHUAI dividend at th« rat» rocß FEB ce>t. per a=ur= has been declared and wni *• rraOM to depositors on all •■■• of •«* and obit** and not exceeding t3.OT>O which shall ban b^, deposited at least thre* month* on •^•> flrst -s» r of July next, acd will N. payable on aad attar Monday. July 20th. 18<"'8. Morey deposited on or MM July 10 will ira« Interest from July 1. ISX». HEN'RT A. SCHENCX. Pres!i«t. WILLIAM E. KNOX Comptroller. JOSEPH G. LIDPLE. Secretary. IDVIXTfr SAVLNGS IK. V Hi Vi INSTITUTION 115 Chaml»er» St., N. T. ( Ti« Trastees haro declared a diTldead fectba six months endiae Jane 30th. 1308. at the rate FOUR PER CENT. per annum, on all rams from •$ I to % 3,0c0 entitled thereto under the by-laws, pa^Mi on and after July 15th. 1908. Deposits made on or before JuljlOtj will draw interest from July Ist, 1903. W. H. B. TOTTEN. President v CZO3.G E B. DtrN~Sl>"r,. Secretary H B.TESEB.Jr..Cliairman of Finance Commutes North River Savings bank 31 W. 34th St. bet.. sth & 6th Aye». Interest credited July Ist. 1903 FOUR PER CENT per annum, on deposits entitled thereto, am sums from $5. to 53.000. Deposits made on or before July tOth wfli draw Interest from Juiy Ist. Samuel D. Styles, President Frederick N- Cheshh-e. Treasurer Charles F. Turton. Secretary Open 10 to 3; Mondays 18 to 7; Saturdays 13 to 0. UNION DIME SAVINGS INSTITUTIQS BKOADWAT. 82I> ST. -ND «TH Al-EXTTS. GREELET SQUARE. NEW YORK. Interest FOUR Per Cent PER AJOnOK from $3 to $3,000. Credited July 1* payable July 16th m any time later. Money deposited on or before July 10th 4r»-»» fcjter>« from July I. 1908. CHARLES E. SPRAGTTE. Prestdsat FRANCI3 M. LEASE. Treasurer. WILLIAM r T . ROSS. Secretary. CITIZENS' SAVINGS BANK 66 A.YD 5« BOTVERY. COR- CANAL ST. • ? 86TH SEMI-A»TAL DITIDrXD. The Trustees hay* ordered Interest at the rat» of FOUR <4) PER CENT. per aniraia to b« pai.l to depositors en »nd after JnlT 20th on all sums of $5 and up to $3,000 ■mala have remained on deposit for the thr»« or six ■••■" ending Jan« 30th. 1908. In accordance with th« VT laws and rules of the bank. Money deposited « M before July 10th will draw Interest from July lrt. D ' »«v HENRY HASLER. Presldeat HEN'ST SAYLER. Secretary. EMIL A. HUBER. Assistant Secretary. EAST RIVER SAVINGS BANK 23© BROADWAY. NEW YORK. Th» 120 TH SEMI-AXNTTAI. DIVIDEND hs» jm gyf been declared at th^ ra:» of four 4f*f been declare annum on a!l nan r » r c»nt- pat annum »n all I™ /L/ entitled thereto. Paysbla art* July 20. 1905. DEPOSITS MADE ON OR BEFORE JaTWIH TOXDBAW INTEREST FROM ITLY I>X DICK S. RAMSAY. President. WHITNEY. Secretarr- CHA3. A. NEW YORK SAVINGS BANK. > . W. Cor. 14th St. and Sth jATenna. The Trustees ha*-« declared a. dividend for "' « months ending July 1. 1903. on all deposits •ztl-* thereto, under the by-laws, at the rats or FOUR PER CENT. per annum, on all sums from $5 TO $3,000. — ' Deposits made on or before July 10th will lr»» » terest ° m JUly WILLIAM FELSrNGEK. Preside " JAMES t. WANDLIXG. Treasurer. : ARCHIBALD M- PENTZ. Secretary. j— SEAMEN'S BANK FOR SAVINGS, 74 and 76 Wall Street. THE TRUSTEES HAVE ORDERED THAT INTES-^ be paid to depositors entitled thereto under t~» « laws, and In accordance with the Savings Ban* law*. =" the six months ending June 3Oth. IMS. - — On accounts not exceeding thre© thousaai d?uar» » >— rate of FOUR PER CENT, per annum. Payable on and after Monday. July 20th. 19f* M-!t DANIEL BARNES. Pres!-" 6 GEORGE M. HALSET. Cashier. New York. Juno 25th. 190&. Depostts mad» on or before July iota will dra* Ja-«** from July Ist. _^ THE BANK FOR SAVINGS. IN THE CITY OF NEW TORK. . J 2SO Fourth Awnue. June 1!«. uv* ITOTH SEMI-A»TAI> DIVIDEND. _ The Board of Trustees has declared aa ■^TZ n ,f' tit iend for the Six Months ending June 30th. 190 S. at >- rate of FOUR PER CENT, per annum on ■■ *» " $5.00 and upwards entitled thereto, and pay*B» °» ■" after July 2"th. 100 S. . _» The dividend will be credited to depositors » *■* cipai. July Ist, 190". ,„ .- • Deposits made on or before Jul/ IM •■ ™ , Interest from July Ist. 190«. ,^ WALTER TRIMBLE. Presides*. CHARLES' A. SHERMAN. Secretary. JAMES KNOWLES, Comptroller. GERMAN SAVINGS BANK I>* THE CITY OF NEW YORK. Cor. 4th A»e. and 14th Street. .^ New Tor*. June 22. J^%,. Interest at th« rat» of TOUR PER CE> | T *M annum will be credited depositors for t!>« ****?%* ending June 30. 1908. on all sums entitled thsr^^, d«r the bylaws not exceeding three thousand 1^" dollars. . _• j^# Deposit* raad«» on or b*for« July 10. 19<"» w " , Interest from July 1. CAgIJ|IR TAa _... f 4-«t. CASIMIR TAG. rr»*l2»w. O. F. AUTHOR. Treasurer --* 5 4 7 Park Place. New York < iijta hyiCfc PER ASWM tCZJL,J D^»o«lta mad« on or ■»• •SBBB»BBBS»» tN«3t tfm July Is* I" 0 *- H. F. HUTf HUNSON, U A. STVART; Prudent. ■ iifgfKff-, GREENWICH SAVINGS BAM 8. E. cor. «th i™ «d Wh *'-, -gff- INTEREST AT THE RATE OF FOUR **•* t* ** yfIQL PER ANNUM will N. cr»dlt»i ««*>«'*?*% «3* (V/O SIX MONTHS ENDING JUNE SO «• *£„ »r * from (5 to (3.000 •atltl»d thereto ttß^ -.•? laws, p*yabl» July 20. i»t««* Dcpcsita mad* on or before JCLT JO wt- arm ■*•* from JULY 1. 190*. ' v*? JAMES QCXNXAJf. P^^W* CHARLE3 M. DUTCHES. «** . ;V> 1. HAMFI>n?T ROBB. ) «i~r.t»rl**. FRANCIS M. BACON. Jr. i S * vflUrlMl