New-York tribune. [volume] (New York [N.Y.]) 1866-1924, June 13, 1908, Image 12

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New-York tribune. [volume], June 13, 1908, Page 12, Image 12
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New-York tribune. [volume] (New York [N.Y.]), 13 June 1908. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1908-06-13/ed-1/seq-12/>

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12
TREATISE ON OPTIONS.
«r Arthur Cram* IU City ii«Ul«r ft Tit* TUm*.
«*acrlbr.l Option*" M
•The most scientific and prudent way of
operating on the Stock Exchange."
TfcU »,v*t«-m, •Klmuih wit popular «■ the C«»eißf I
•nd It Amerlra. I* not co veil knowa tmenpl I*
rnrtora ■• It* Bifri!< Ju««lfy. .
Mr have Jnirt published • new Treatise •■ this
rkwrrf. which will b« Mat post fre» *n application (•
ie Secretary. -. , i'
London # Par is Exchange, Ltd
BANKERS.
Ba^lldon House, Ban 1 ;,
London. Enfiland.
Or from ajtr c* It* Branches.
R. L. DAY & CO.,
37 Wall (St , 36 Congress St.
XEW tOKE BOSTOK
KIGH BliflE INVESTMENT BONDS
Municipal and Railroad
Mrmhfn »w T«rk and
tloston Stock F»rhmn»e«
TITLE GUARANTEE TRUST CO.,
BOND AND MORTGAGE GUARANTEE CO.,
MORTGAGE BOND CO.,
LINCOLN TRUST CO..
DEALT IN.
CLINTON GILBERT
2 WALL ST.
Dividend Notices.
UNITED FRUIT COMPANY
DIVIDEND NO. 36.
sa£?->?i- t?v7*khold*t. of record at the close of
busings Jur. =^^^^ A HCBBAIUJ. Tr,^-.
.»• 1
Office of __
Ihe tranrfer o* Common Stock will be closed at three.
eVIockP V June 26th. IMS. «nd m-11l b* reopened
July 1 190* " W. E. MERRISS. Secretary.
INTERBOTIOrGH RAPID TRANSIT CO.
>"otic*> of i>armrnt of Dividend.
A Quarterly dividend of 2U£ upo sJ\"
w k .< t hj s <>inpaiiv has been declared pajaM*
W^JnJday Jaly T/t. WOS. to «ockhold« ■« of record
«t the dot* of buetneMi on Monday. Jun« I s th - 1! *" i ;-
Fcr «he. purpoe- of euch dividend the transfer books
Tut* clow reor.-r. o'clock P. M. on A. M.. on W«dne«-
J*tT teTiaV 10: °°H OC rKl"HE R. Secretary-.
June 3rd. IMS.
>ew YOKK rEvnuL * HTDSOX river
nAii>Ro.vi> ro>rp.\>"\.
of - r » of th- Treasurer. New York, June 10th. 190S
TTTE BOARD OF DIRECTORS of this iOnWWT. ar a
rn^tinp held thi^ day. declare.l a divndend of ONE
AVP ONE-QUARTER PER CENT, on «a capital
£ock. Wabl* at OiiM office on the 15th day of July
r.xt to i*ocklM»ld«^* of record at the close of business
. Tuesday the 23rd bwi
en -jef.B.. in Kr>W - ARI> X SSITER. Treasurer
YEW YORK rKNTBAt * hidson Rrv"ER
R.\II.ROAI» COMPANY.
PHui of th« Treasurer. New York. Jure «. 190«
A dividend of Ftv» Per Cent. o n the Capital Stock
-J the NEW YORK AND HARLEM RAILROAD COM
PANY TrtJl he paid l\v the New York Central and
Hudson River Railroad Company. lepsf" .u-.der the
r>ro\ 51nr.fi of the contract between trie two rompanl»!=>.
bt this office on the Ist day of .luly next to stock
holdrrs of record at the rlose of business on the l«th
IJU, t " EDWARD L. ROPSITEH. Treasurer.
Savings Banks.
"GREENWICH SAVINGS~BbNF
INTEREST' AT THE 6t KATE e OF n FOUR PER CENT.
/■ /->- per ANNVM ■win V* credited <"epotltorß for th«
1M.70 SIX MONTH? ENDING JUNK 30 on all Bums
» from $."• to *3.0u0 errtJtiM thereto tinder the by
"r^ r '. I.:t1 .:t« rf Vnad'> on or before JULY 10 w1!1 <3rs-«r lnt«r«t
rrOm JVI ' r 3'3 ' IWS JAMES CtTNLAV. Pres^acnt.
CHARI-ES M. nrTTHEPs TreaaT.
I HAVPPTN" ROBE. I Secretaries.
PRANCIS M BACON. Jr.. I E*^""
10 ASSIST MONITAKY COMMISSION.
Professor A P. Andrews of Harvard Selected
at Plaza Hotel Meeting.
A , . the matins of the ■* ■—*<»* of the
National Commission over which Senator Aldrich
presided at the riaza Hotel yesterday the follow
ing etatemrr.t was issued:
Th* FTib-coTnrr.ittee of th« National Monetary
Domxnissloii appointed for ihp purpose- of suggest
work during th« reo« «f
: :,nrr4«. .v ' ■ - »•-■ nin see^n at the Hotel
I'lasa. adionrned this afternoon. Th* suo-commit
ipp will report to the full committee at a meeting
to *>•» held about July 20.
1 Profpf=sor A. V. Andrews, a^istant professor or
rronornico 5t Harvard University, has been se
lecterj as an . bsistani by th*> committee.
STOWS EXCHANGE SEAT SOLD.
Th" ctr.-k rA ■•hai.K*' *>eat of W. I>. Stow h.TS
Ik ■ transferred to I'.ao H. Ropers. The firm of
*Mcb Mr. Stow was the head. W. U Stow & Co..
fiiil^'l on April 15. 19<TT. and had puppended once
tre-Uous-ly, «.i; July 24. OQS. Th" Stock Exchange
Kembershi? of Marshall H. Ward has been t'tns
( f<:rjed to W. R. Craig, of Crais & Jenke.
TO STOP GAMBLING ON CURB.
n. S. Menace, who is known as the dean of the
firoaO street • ■» market and has general Fuper
vihion over Itf- affairs, announced yesterday that
Bnytidns that wavered of gamMil.R would he
strictly jjrohlWted there. Mr. Mender's announce
ment wns called forth by a warning from the
J'oV.ce Department against th« practice in vogue
funong pome .■: the brokers of matching to buy
m p*U stock. Hereafter, it si eald. the curb
t,rok«rs will confine themselves to speculation and
let gatrbUng alone.
CONDITION OF TRADE
Bra<*.*ir< ?:"s saya:
"Weather, crop and trade reports display irregu-
Jarity. It has sea dm wet and cool in the South
vest and Northwest for best retail trade and crop
S^BVCiBp : but east of th<* MiFrfßsippl River con
ditions have h«en better, and mar* favorable re
ports MOM from the latter sections. The nearness
of harvesting of wheat and oats makes the preval
ence of raini* and floods in the Fouthweet a matter
of moment to OW cram trade, as shown by firmer
Quotations, rollowias tne weakr«s engendered by
th» very favorable Rovermnent crop report pub
lished fij-^T In the meek. Corn planting has been
£a!shed ■»b«r < = possible, but much lowland west
*L*n<3 soutiiwest has been flooded, and replanting of
oorn anfl cotton i:: those sections seems a pre
cSXimiß proposition unless a late, warm fall super
•sjßMß In ■wholesale lin^a erldeatoes of Improvement
In fall baying are seen, bet purchasers are gen
#•.' ." cautious, while kUps for immediate shipment
ere confined to strictly t,Uing-ln requirements Po-
Jitlcel and crrp uncertainties Keen likely to in
fluence distant purchases for some time to com«\
sind trade is hardly better than quiet to fair th*
country over. Best reports come from the cotton
poods trade and kindred lines, but there is noted a
Flight halt la this buylair. following the price revi
sions noted borne time ago."
OtaTm Review isaye:
"Gains outnumber lopses in reports of commercial
a\ru' Industrial activity, business r^lnjr remarkably
■well maintained, considering the propinquity of
X»l«tieal conventlOEP. to which was contributed the
dull F«x"urlty market. Weather conditions were
•favor*M« for retail trade in Reasonable mcrchfin
«2Us at most leading centres, and crop reports wer«
•ncourapinp on th«« whole, despite excessive rains
amd Sootls in th*> Southwest. Unusually pood du
plicate order* are still received from retailers who
«ind<er*stintfLtr-3 current requirements, but whole.
a«ie ma* JsfJiSSSI d»p>.rtmr»Tit* are chiefly occupied
In rnakUic prtnaraiionc for fail and winter trade,
• bout which there is a feeling of confldence. Full
return* for May indicate that building; permits were
only aixJ'Jt * X >cr rent less than in the same month
ar. I»f7 the o«st comparison of any month this year,
lad aniiirarl'.« coal production surpassed €.000,000
,„« Or the * r «t time on record. Idle freight cars
i~- r«*"-.'r «*"-.' tr, :->:.rr'. acabut U3.3SS a month prexious.
«nd railway enndss* for the ftm w~k of June
tVr- IM r^' r^nt ''"" than last •""•*"• ForeiKn
mmeTft at t.hl« port for the latent week showed
f^eTof RUS.63 in exports and Ji.B3tk.«iJ in im
t^lrt- as compared with the same week In IW.
l^JrZ' jiii iisi at Jfew Tork wcr»- r '•■'• p^ r «ent
w«W th^n 1 vef,r asm •*■■ •* other leading «•»*«•
tZ, A^cr«a*e va# 17.6 *>** cent."
HEAVY BREAK IN SECURITIES VALUES
—
NEW YORK STOCK EXCHANGE SALES— FRIDAY, JUNE 12, 1908.
-— f Actual Sales I Closlnfj.
Shares I Net F~ -| Actual Sales I Closing. Shares | Net I . High; Lo__ln'l I Bid i Ask
sold. Ich'ngel OpcnlHighl Low|FlrTl I Bid | Ask i sold. |chngej - p>it^^ HlFTTowFlo I I<H4l 10" I 10"%
3W i-H AJlis-Chalraers Co 10 10 *% 9%~9%T|57 600 -% *£*™ffi^*sfg w''::":"::"w ''::":"::" ™ 3° » S Stl l? v
200 -22 Allls-Chalmers Co pr 29 29 I_£ 2S»i _2 »> i 100 — 1 1 r^rn^tional Pump . 23 | 23 |23 23 gM ;4^
».100 -l£ •AmalKamatPd Copper «7?4 s i «% fifi?4 66*4 66% 300 -1 J n J«™*H°|J?J pj^p pr To 75 "S ■ 7 ? 7| wjg
500 -2 American Agricultural Chem.. 28 123 2^4 22« i 22»i 23 200 -2 . |Inteniat ritv & Southern pr. . . . KH* |»%|65 4W4 « ig
400 j -I>4 .-American Beet Sugar ISU 18*4 1?? 4 175 4 18 19 100 -% | vv '' ...vrie. It X Xa*hvll!e. .. •• 10891 10R-'i Wig «>«>« » lO f*
200 - % American Can 4»L 4% 1 4»i 4" ft ! 4»4 4T, 600 "^ IftSS? 1 * * J>Mm " *% jg if? 7^» » wit
300 -3 American Can pr I£{ E6^ 56% 56^; U 56% 600 -%i> ar 1"?-"'1 "?-"' .1..."..; 22% .-, . --.., 22> 20Vi -2' v
2.< x» -< American Car & Foundry I 33* 33% SsS r.s d 5314 3534 IW +^4 J nn l PP o"w«o "w« div 1 p c... 65 J65 « «•_> «*?» •»
inn +2*4 American Car & Foundry pr.. <>S*, r<R*t 98$ 98V? M *: 9SVa 100 —,7 ?f B V V ex dlv 1*« P c 135 I 135 U> 1 « J ?tii is
403 -4 American Cotton 0H........ ;... 30*1 30.. 30^ 30*4 SO>J 30?* , 100 - % R£rf o#c£tSl0 # c£tSl St. 1£» i^ Jg,. %■ 15 % i|
110 -C Am. Express ex div 3p c 185 lgS 185 185 | 185 ' 200 1.200 — Mexican Central «w.. 2H» 27 T-s 27Js 2?t ,* r^f
80 American Hide * Leather 3Ti 3% S% 3% 3W, 4 1«> -% lnl i t P&S St M 113 j 112 "25? llOJ^ 1W? t«1«
2.810 -l«i ! American Ice Securities 27^! 27*4 26<| 2^! M« 27 f.' -1% M.. St & S» t- " : 27% 27% i 2fi,g, 26.» i 2W 2 27
»« -»* •American Linseed*. J 9 1 9«i 9 PU 9 10 I 2.100 _»«?;• Kan. & Tex .pr SO 1 * *ffl 4 s«' 60| ?
4 no -U4U 4 •'• A mertoaji Locomotive 49% 49'^i 4SV2' 48«* ! 48^ 49 y;MO -Jk »J?-; o » r | » Paciflc xp _ 4 7Vi 474j <->Vs 4*4 4^; «X
ISO -t, 'American I.ocomotiv* pr 102 102 ! IOC i 1"2 j 102 J IOC? 1 4.200 -1 .vfllad ex dIV 114 p o MIC 66% 65 W* glB ?^*
15.30J -< .American Smelting ... TWI 73% 73-,; 75 74*4 75 S.« 00 - % , 'A ad pr ...*...- 99 1 i "'^ "S« ?2}? ! 9 « ?
100 -<£ 'Am. Smelt, pr ex div 1«4 pc. »S% PS', SS4 ! 9WA *7« 98« 200 -» «vi'Zue\lVs • I fit J Vi «4 Jffl c - « §£.
100 -V»'»Amer Bteel Fdry pr ctfs.:.... 34^ 3}i| 34^ S?? 34 38 £00 j _ H York Air Brake .•-. «4 WM, 65% fi^ JS*. LJP 4
7.10 _i 5i 5 •American Sugar ! 1274 127^ 127 i 127 ' 126% 127* 300 1 +Jj New York Air^ra X I 1(M «>«* }^| "g? |^ si |«|
MO -2 Amer. Tel. & Tel ; US« 118^ ll«>i 118% US 119 l.*&- -}H Xewllaven & H... 185% 135*4 135H 13^* «Stf 1M
2no -American Woollen pr 88% 88% 88% SS^ SS SO l« "'^ wYo k Ont & West •• 40^ 40J» 39% |40% 40V, 40=»
3.100 -1», 'Anaconda 43U 43% 41* i 42*, 42*4 42% 2.100 ~Vs fo >i?& Western •• €9% 63Vi g> 69 , ftfl« 69
6,400 -iaj Atchison 81*; Sl£ S0* 8 80*, 80*? 80V, ?00 American <« OT , ,??., ,S? V i«s- i^ru
100 +1H Atchlson pr P3s* 93% P3% S3 1 * 93 !»3?J "7T vSrthera Partflc I £tf' l H& KSTSSOTiSii 'uK
300 -2 Atlantic Coast Line PI 91 PO P0 90% 92% 19.&^ -^ Pacific ctfs 123?4 123% IKV4 M2% 122** 122^
l.« 00 -»i Baltimore & Ohio «9*4 S9U. SS^j SP S9 Sflu 1.&0 "^t Pacific Mail » SMS??te&i iw- iw tn^
100 ! ♦% Bethlehem Steel i?' 1 15?* 15% 15% 15 i!*, •& — % peSn"vlvinla Railroad . ......... fßllfra Ik! I:
9.<25 !-S Brooklyn Rapid Transit 3|3!& !34 47 47% -*> =;? iElw*::::"":::: ff 1j? 12 1?* I
400 -lC Centra! Leather 25 25 * 24»4 24»^ 24", 25 19» -a * EEfJSd steel Car pr w S ?t I?
6.730 ; -^Chesapeake fia-s.-:::::::::: I 44U ; 44% 43% iff i 43% 44% f S -% Hffi^rr^ei:::::::::: «* ! 114 »gg i ™
100 1 _?J Chicago & Alton 24V W4 2<H 24% -'< ' 2< l ii ! 93 -r^ "^ H^dtof Mtf ffll^i 81^> 5& fSS «2 rnt
100 i -1^ Chicago & Alton pr Egg s»^, BBJ4 B3 » ; 100 | ~ » %»aßk Im & Steel 18 £ »W jg g*^ J^
900 :— \ Chicapo Great Western «V 6% «4; 6% 6 j «'« ! ™> | i* •Renubio Iron & Steel pr £ SjSLJ 6«% i«d 66V»
100 -I Chicago Great Western pr 8.. V* SVS 8% 8% «?i 9 i W ~i" iJock Island •• 17V IT }< 25** JS ISS mm.
13.000 ■ -2% Chi.. Mil. & St. Paul OK 134*6 131% 132% 132 132% l.« 0 -^5 Rork Island pr 3SM> 3r4 33 333, 3^ 33%
100 t —2% iThic. MIL & St. P. ctfs 122^. 122% 122% 122% 123 127 b.IOO -«S Rock •r<= it i«t nr . 54 * 64^ "4'« o4^, »2. | »
low , -It •ch.Mii.& St. P. ctfa. Pr::::: : 142% 142% H2" 4 142% 14L" 2 143% IW ♦% ? t S &s * m Ppr!::::::::::::P p r!:::::::::::: 23*: »% W4 pt?i » »4
1.200 i -Hi Chicago & Northwestern. 150% 160% 3497*! 160 ISO . 1503, 750 -Us St. 1,. »|- (y pr.. 36U JWV* 35% 3.J4 .» « 3^,
100 -1 C. St P. M. & 0 135 135 136 1135 132 : 135 | 300 -2% Vsheff Steel & Iron 51 51 Ig* £* 49** 2*
300 I_% r-Chicago Union Tract, stpd..... 8% 3*4 S%\ 3*4 ■"% g4 I JOO i -IJ* ItoSlfmeff Stee & Iron pr.... 96 *5 « » • »
900 I -5 Colorado Fuel & Iron i 27% 27*& Kg 26% » 26T4 L.S2 ~ii! InHtliern Pacific I S *V «}• .SH ii 3£ m*
250 _% Colorado & Southern I31131!31 ;31 i 30% » lt«0 -1«» Sou hern mine 1^ 118% 118 ?l»
CO j._ Colorado & Southern Ist pr.... 59 18!59:59 iU 59 400 .-1 S"" tternn crn Railroad *. 1 1 fa' I', 1 £
» gSS;/* s AS"°co?, rl Si & Sffl &£"S» Mzi nsBJh'SZ p . r .:.v:.-:::::: Si S& 1i 8 »
S=£ d c?^,K-p;:::::::::: |i » ■§! 'SS I:jb E| SE^rvr SSSE3 &nw» }> 1
» Denver & Rio Orande ! 25% »% -V, 2.V., 24', 25% 280 -g To edo. bt. 44 , 44^ 44 44^
30 iDem-er & Rio Grande pr 165| 65 65 63 , 63 65 100 -% T^frTritv -Raptd Transit 90* 4 P0v 4 90V4 »'Jh! f .*{}?
SSO -«4 -Distilling Securities 33% 33% 33% 33^ 33% 33* W -—7 f^i" Padflc .- 147 ' h 147^ 14l> , *iS»
100 +3 'Duluth. South Shore & At.... 19% 19** V& 19' 4 39 20 114.300 -3*4 Un on Pat inc "J tment .... 00V4 204 »J4 20V4 21 2UJ
,1 ■-1 Gr&nbv Mfn. ex div 8 p c :::.::: 100%1 100% 100% 100% iS 100 I, '« I- «« J" T ? t "t d t .£«»%..... Sm 'H » Mffl »■», 31
zßiH GG o ™« t Sr hE . r "..°. r .'.. ct .'*::::::: 55 55 S5 ?r4 5^ S « " I ?S^ |sSE£p Si 'S, k fS« S^ l | v
liffi -1H n5?o". Central »> " I» , !»• k1« I»S 1» 1™ B& SiSS"H "^ Ki ' 21 =5 Jf 4
Jg ! :|UL& Ej A ffl 3I rJ «|. B JBbSSCPS «!«Jf4. fl 1
3.P50 I -1% Interborourh-Metropolltan pr 30_^ 30* 3 a*», 29*,, 29%! 29% 1 B, WO , -4^ , pHng A- Lake Erie 6 I <*»j_g_g?' 6 ! 6*i
450 i 4-% International Han-oster pr ctfe t &>■+ !'■> | 9!>»i 99 7^, — 1 — 11 300 , +°* vt_ne^i — s__ — ___ ■
Total sales for the day. 4SS.OM i-haree compared with 620,330 shares for the th? nme period in 1907. ,
Total sales. January 1 to June 12. inclusive, 80,302.i-« shares, compared with 109.438,i91 snares .01 »- . '
•Unlisted. ' "
FINANCIAL AFFAIRS
STOCK VALUES DOWN.
Union Pacific and Fries Lead the
Decline — Banks Gain Cash.
Stock market speculation was lifted out of its
rut of stagnation yesterday by an aKgrwslve at
tack upon values throughout the list, the move
ment being followed by heavy sales of specula
tive accounts, many of which were on stop loss
order? and by a general demoralization for a
time of prices in all the leading issues, particu
larly in Union Pacific and the Erie shares. A
plentiful supply of new Union Pacific, bonds or.
the curb that were quoted at a discount of on.«
half of 1 per cent and the financial troubles of
the Erie were the immediate cause of the change
in the character of trading, the Street assuming
that the weakness in the Union Pacific bonds
reflected a disappointing response to the public
offering, while it figured the troubles of the Erie
into a reorganization of that property. A re
organization would be a bull argument on the
Erie securities. Erie Is having a most vexatious
time with Its treasury department because of
its heavy obligations and its poor earning*, but
the fact that the big banking concern behind
the road Is willing to advance Its own funds to
tide the company over its present difficulties
shows a remarkable degree of confidence in high
banking quarters in the future of the property.
The Erie shares suffered maximum losses of
from '-' to 4 points: Union Pacific *%, with a
net loss of 3*; Reading. 1%: Great Northern.
"64- st Paul. 35». and Northern Pacific. 2%,
these Issues among the active stocks being lead
ers in the downward movement. Nine stock*
supplied more than two-thirds of the total deal
ings which were about three times as heavy as
the total of the preceding day. The decline, of
course -svan accompanied by reports affecting
the financial position of individuals and firms,
and in the afternoon the selling was intensified
by the rumor of a receivership for a big corpo
ration which is known to be heavily overcapital
ized and urgently in need of ready money. Clos
ing: prices were above the lowest, but the mar
! ket showed an absence of effective support, ox
cept in United States Steel.
According to the known movement of money
\ in the week the local banks have gained morn
; than $10,000,000 on all operations in their cash
, holdings, and it Is therefore probable the bank
statement to-day will show a considerable in
: crease In reserve above legal requirements. In
' terior banks continue to send money to New
i York in large amounts. The Sub-Treasury is
' losing on its transactions with the city bank?
and gold exports have ceased. There is a pleth
ora of idle funds at this centre which prom
ises to increase until a demand develops for ac
commodation in connection with th* financing
and marketing of the year's harvests, and as a
consequence the outlook favors easy rates for
loans throughout the summer, with no disturb
j ance In the fall, though the Secretary of the
Treasury and the banks are making prepara
tions to take advantage of the new emergency
currency measure in the event of the develop
ment of conditions that would warrant the issu
ance of additional banknote circulation as speci
fied in th* Aldrich-Vreoland law. There does
not appear at present the slightest chance of
this measure being brought into practical ush
in the autumn, but bankers intend nevertheless
to be prepared for an unexpected emergency.
The. Treasury will want money from the bank.-?
before long, particularly as the government
bonds of 1905 will mature in August, and it Is
not unlikely the banks at this centre will be
called on to give up the greater part of their
government deposits. Even this loss will not ad
vance rates for money, especially as in July the
Treasury payments to the banks will be far
heavier, from current indications, thßrt pay
ments by th« banks to the Treasury on revenue
account Government receipts from customs
and internal revenue will be light throughout th
summer, while government expenditures »s a
result of the large appropriations made by Con
gress will be unusually heavy Bankers rrould
•welcome the development of some factor that
would give them a better price on their money.
The mercantile demand for funds is extremely
light
AMERICAN SECURITIES ABROAD.
London. June 12, 4 p. in.— market for Amer
ican securities was weak. Last quotations follow
London New York New York
close. equivalent. etas*. Changes.
Atiaroiwta *""• ««H «3 7 rr*
At-hi«on «2 T * M<i si 1 , — •»
Can Pacific lfti * I*BH I*H4 *I'>*
6t Paul 1S« 132H 1«*7» —1 '»
do I*l DTft 3J^ * i>l * •»» -2
Illinois C>ntr«J ....135 131 >i 131 + '4
UKla A Nasfa 11l 108 -
■ T central io« 10.T4 104* i -1H
P»r.n»v!vmnl» «2*» 120* ll'l'i — »i
ReiuJlßjr 6* 113 114 ~ 1
Bo Pacific •*". 854 W»; — I i
Un Pacific 148 « 14R 147 l » — 2>J
IP Steel 37S MS 37S — %
do pref I'M lOlVi m 1014 _— «i
•Ex dividend.
FOREIGN MONEY MARKET.— CaII money in
London. i 'o\ per cent; open market discount rate
for short "bills, 1^919-16 per cent: lon« bill?. V\fii
1 9-lfi pr cent. Berlin discount rate. 1% per cent.
Paris discount rate. 1 ?-JS per cent Paris exchange
on London. 25 francs 12 centimes. Bar gold, 77?.
lOVjd. Berlin exchange, on London, 30 marks 40
pfennig*
FOREIGN SECURITIES.— British consols for
money. ST?« per cent; for the account. 87 7-15.
freacii rent**, 85 franca 30 centimes.
NEW-YORK DAILY TRIBUNE, SATURDAY, JUNE 13. 1908.
BOND MARKET SALES. -
20.X1 Japanese 4H5..-. 89 1 18000 Int-Met 4«ri». 64^i
4000 (Jo 88 7 I 7000 do <f*>
K5(» do 885*40(100 do •«•
163000 NYC 4'4s 1057 I l<*« do *";?
New 109 i toOOO do 4p .-•• %**■*
ttVTO do .. c.l<!9 ! Sooi> Int Stpam P «s.. V*
f*¥» Am Cot Oil 4»is. 92^ 8000 lowa Cent Ref 43 <j>%.
2000 Am T & T Convt ! 20f«> Lacka Steel os.. ■ W't
4s 350(X> L S & M So *» ;
113000 do X-,i t : ; 1931 ■■•■•■■■ ■■ «g4
22000 do ■ 85% 1 1000 L& N Gold P5...110v
1000 Am Tobacco 4!.. 71** 1000 do mined 45... »M»
43000 do 72 400 i» do ••• ™
BOM do 72»i 31000 MSt Ry Gen ss. 78*
lOOikAnn Ar Ist 4«. BOYs 12000 do •-•• '**■
MOO A T & S F Gen 17000 Mcx C Con 4s tf a 84%
4s BS'i, 10000 M X &. T S F 4^s £*<
pooo do »8 .VIOO do < 9 'a
20C"> do Convt 4«... Pl% fiOOO do 7»*»
F«oi> do .. . !>1 I 15000 do ;«jjj*
I<m«> do Convt Da. - . 100 1 * i 55000 Mo Pac 4s «'>«:
3000 do 100 j 10000 do " 01 *
4<>oo do I<X> l 4 10000 do '°'»
6000 At Coast 4s »2% 4000 N V C Oen 3Hs.. jBJi
8000 do • • "-'i 1000 do "- •»
aooe do V& N 4?.. 81% 1 1000 nyn y Air b Convt
•_' IB ft O Gold 45. . I * 3 fi SO
BSOOO do . 88 1 SOOO N V N H & H
1000 do 08\ii Deb 6a 12fi s »
1000 do Prior 3V45.. 32' 3 . 10000 do 12bVj
6000 do 02*; ; 8000 N YO & W Ref
110O(» Bktn Rap Tr 4s. 72'/j 4s «*W»
3000 do 72" 4 : (VOiV) Nor Fac Prior 45.101 U.
120000 do "2 I 3000 OSL Gtd Ref 4s. 00
2000 (- of a Con 55.. 105 I 1000 Fenn Convt 3 v 25..2 5. . IV>H
1000 Cent Leather -Vs. 94U| 4000 do 9W4
6000 C. & O Gen «4'iS.lol^ 13000 do 3H» l^ l6 cl •
7000 C&V. 1 Gen fis.ll2 I fKKIO do 91 '?
1000 <^*hie &Ft Ist 5b. 110 15S000 do I*l**
20000 CF&QJt'J.. f<«H' 2000 do Gtd 3%8 Ctfs Xi
SOOO do 96UiK3000 do Con 4i Rets. 101 «i
3000 do W.%112000 do 101
60000 do Gen 4s Ctfs «7U 10000 Peo & R Tne 47
10000 do »7l« : 3000 do •**"<
8090 do 111 Div 4»..10Hi 7000 Reading Gen 45.. »8 »
I.TOOO do 101 V WHV> do J»*sl
2<)00 C n I A- P Gen I 1000 R &■ D Deb Stpd. 02
" 4, flS^ I 10000 8t L ft 9 F Rf>f
1000 do Ref 4s .«7 I 4s 78
IQOO do 25000 do "2 i
2»iO(t do P. R4b 65 I 15000 do " 2
2000 do 33000 do 73
Bom do «4 1 *' 4ROOO St I> ?trn Con 4s. «6
1.-.OKO do . . . . fi4 I .V>no Sc V* X E 45.. t>4<;
200 Ado Cl Tr 85... 71 I 6000 do 84H
1000 do 701,, ' r>ooo So Tar Cl Tr 4s. . R.".» 4
4000 do 7O I 13000 do Ist R«f 45.. f>2U
10fir> Col ft Bo Ift 4s. Bivm 1000 do 92« i
5000 do R^f A- "Ext I 1000 Tex ft P Ist 88...1 M
4- - 7f)tJl 3000 Third Aye Con 4s
1000 do* 7!> I rtfs "2
3000 do 7?-;! 12000 Union Pac Ist 45.102t;
2T.000 Col In-! Kb BlUl WV>O do lO2H
2Snon do . ftl 1 lioor> do Convt 4s M"*
HX<(\ rori Ca= Peb 6s. 123 ' r.fW> dr. 91' i
1000 Ed El N" T Convt ! 17000 do «l»»
R« 101 I 14000 do 01
20000 Erie Ist Con 45.. KS I 94000 do ' J»O 7
lOfiOO di% r>n 4? rv«lJl37o<irt do WHS
200<> do Convt 4s A. .10 14.V00 do «O*i
50<iO do . . K8 1 10000 dr. ■ &>'?
Ifwioo ,j,, n f>3 1 4000 do 91
2T.non r>r, .' ... .. r.l4' iooo t t sR* Imp *■>. ro
r.ixio d > Tin ! 1520<V> t* 8 Steel Sf 5s n^«
r.otio fl o . . 4f(^.; ' 11000 do wv:
,"i(KV> do . VI"-.' S<W» rio fIW
r..»io Gr-i Ei Deb 5U..117*:' f>o<!o do W>;
KiOO do 11<"^l 1000 do Rep 96i;
4f»v» Til c- 4. 1053 .100 ! ?000 W.i!iai«h 2d Rs . 9«%
"7f«.v> ii n t RT X c-ffd 1004! ROiio do <*>
IBIVKI do 100 1 S?Ofw> do R«-f & T>rt 4« BS
lr.iwi Int Met 41,4? . Br.l-i' 7<VtO W«b T'ltt* T Ist.. 41".
J9OOO d o . «R".-' 44(VW> do 2<! lOt.i
1 7<"i(V» do fS "i4<jono do .. wu
2JOOO do " ! 64 T i' 2000 TWstlnrh P F 5-. KO'i
Total i«al»!i of bond*. $2.:r.7.."i00.
MONEY AND EXCHANGE.
MONET MARK FT .-Money on call onened at IV Z
j)or cent; highest 1% per cent: lowest. I*4 per cent:
olof>!ne. 1'4?»1H pr>r cent: last loan. IVi per cent:
ruling rate, IK ppr rpnt. Time money was obtain
able In liberal amounts, but still met with quiet
demand. Rates 2??2*,4 per cent for sixty days. 2U©>
2 ! 2 per cent for ninety days, 2 1 <lfii2 3 i per cent for
four months. 3f?3*,4 per rent for five months. 3*4 per
cent for six months and 4@4% per cent for over the
year. Mercantile paper was taken moderately her»:
and elsewhere. Supply of really desirable paper
■was not heavy. Rates 3^i per cent to 4V. per rent
for sixty and ninety days' indorsed bills receivable.
4to 4 £ per cent for choice four and six months'
single names and 5 for others less well known.
FOREIGN' CHANGE. -The foreipm exchange
market opened steady, with rates virtually un
changed, at 4. 5710 for cables. 4.8680 for demand
sterling and 4.85*404.8535 r or sixty day hills. Short
francs were quoted at :v\ less 1-16 and short
r<-irnsm;»rk3 at 35 7-16 plus 1-64. The market heM,
steady in the morning and early afternoon and
business was dull. Cables were quoted at 4.8706,
demand sterling at 4.8680 bid and asked and sixty
day at 4>'--\^. Short francs were 5.15 s * less Z-ZZft
;. l.".'> less 1-I*s and short reichstnarks 95 7-16fi93 7-16
plus 1-S2. The market continued dull and steady In
the second hour of the afternoon. Demand sterling
was quoted at 4.5650 bid and asked, and other
classes of remittance wer*» unchanged.
Bankers' posted rates were as follows:
Sixty days. Demand.
Sterling 4.8« 4.68
Oormany. r*-iclisrnarks 03 S flS'i
Paris, fun ? . 6.17% fi.HH
Belglun:. franre r..20% 5.10*4
Switzerland, francs B.IOS ft.lBV»
Holland, guilderß 4'> ! * 40»i
DOMESTIC EXCHANGE.— Boston. 12Vic dis
count; Chicago. 13c premium; St. Lout*. 50c dis
count; San Francisco, sight 7%c premium, tele
graph We premium; New Orleans, commercial par,
bank 51 premium; Cincinnati. 10c premium; Savan
nah, buying 3-lGc discount, selling par.
BANK CLEARINGS.— York, exchanges
(191.847,387, balances 57,634,635; Chicago, exchanges
$36,231,920,' balances $4.01*7,913; Boston, exchanges
t23,9a2,306; balances $2,211,103; Philadelphia, «x
changes 118.129,222, balances 52,034,435; Baltimore,
exchanges $3,774,130. balances $359,348.
SILVER MARKET.— Bar silver. 53 3 '*c. Mexican
■liver dollars, 47c Bar silver in London closed at
24 VI'. unchanged.
GOLD PREMIUM.— Madrid. 12.70; Lisbon. 11.
MEXICAN EXCHANGE. -Mexican exchange on
New York is quoted at 2.02 c.
GOVERNMENT RECEIPTS.— receipts
reported from Washington, $756,366; internal rev
enue receipts. $763,431; miscellaneous receipts, $&!.
460. Receipts for the day, 11,584,509; expenditure*.
$1,700,000. Receipts for the month to date. $21,017,703;
expenditures. $21,650,000; excess of receipts, $127,755.
Receipts for th« year to date, J565.224.9u6; expendi
tures. ,700.755; excess of expenditures, $63,475,819.
SUB- TREASURY.— The Bub-Treasury win debt
or to the Clearing House $1,591,644.
) .
IMPORTS OF DRYGOODS.
Imports and marketings of drygoods this week,
wl»h comparisons, were ,i« follows:
Thin weok. l>ast week. Liact year.
Touil Imports lI.HSs.MI *1,602.108 J2.872.501
X(,l»l nnxltltlnW 1.866.614 J^uJ.o63 a,6ia,107
INACTIVE STOCKS.
The following were the last actual sales and tha
closing quotations for stocks In which thers ivere
no transactions yesterday on the New York Stock
Exchange:
Last Cloalne
gale. Bld.Aeked.
do pref ... 90 60 100
L E & W-. 1»\. 13 is
do pref 42 38 43
Lake Shore. 300 275 —
Long Island. 38 SB 40
Mackay Co.. 66 66 6.
Man Beach.. 2!4 2 6 ,
Md Coal pf. 90 75 —
•M St Ry.- 27 23 30
Mich Cent ... — 125 195
M&PtL. pf 69 65 72
MSP&SSMpf.I3B'a 133 137
Nash & C...113 110 120
•Na Bis - 844 834 84T,|
•do pref..-114H 114 11«
N E & Stp.. 10 9>4 10
do pref.... 77 70 80
Np.of Mpf .'.in. 81 — .
do M pf. . 17 — I' 1 *
New C Coal. 35 30 40
N V C&St I' 39* i 39 41
do Ist pf.H»2 93% 9!»
do 2d pf. . 72 «7Va 74
>T V Dock pf 74 73 —
STI, 4W — 118 125
X Y&N J T.IOB 100 109
N ft. W pf.. 80 70 80
Out Silver... 5H »V 4 6»i
Pac Coast... 79 77 SO
do Ist pf. 90 80 100
do 2d pf.. 89 8O 100
P«o & E 19 17 m*
P C C&St L 74 72 75
do pref 91 85 95
Pull P Car. .15SH 158 160
Quicksilver . i* % %
do pref IS I a
•Ry Stl S pf 91 M» —
Read Ist pf. 82 SI 8.1
RXV & 0...114 V* 115 125
Rut R Co pf 281* 25 30
St J ft G I. 13 — 20
do Ist pf. 39 5614 45
d,-, 2.; pf . . 21 19 30
SLASFC&EICI2S 120 150
do ctfs pf. — — 130
do ctfs new 52 50 51
St L ft S W 1« 16 l«Vi
Sears-R pf.. 90 — 91
TA-P I. T . . 67 SS 62^
T Rys & I-. 10 10 10".,
•U b & p.. fi 1 * -"v, ffit' t
•do pref... 57 S6»* 59i 1
Un Pac pf. . S3* 82 83' 4
V Ry Inv r f 38 3R 38*;
V C 1 M pf 91 85 «9
UECI P&F 27 2« 27
do pref 73 70' 4 75
IT S Express SO 70 85
•U S Leath. 12 5 12
•do pipf. . . 100»i 9<< 10414
U S R ft I. 40 4R 50
•X" S R & R Bff 1O 13
•do pref. . . SO 22 25
Vandal la R. 85 — 85
Va I C ft C 52S 49 55
•Vulcan Det. 4^ 4 54
•do pref... 21 {IS
Wells-F Ex.2SO 250 300
TV Un Tel.. 5B»» 54<^ s.'.'i
XV MfK Ist pf 71 BO 71
W&LE Ist pf 13 13 14
do M pf.. 9 7 9
Wis Cent... 16% 17 174
! do pr«f 89 3814 40
Ijait '"losing;, |
sale. Bid. Asked, j
Adams Ex.167 170 190
A Ag Ch pf «7 80 S7
•Am B S pf 77% 75 78
Am C0a1... 120 100 150
Am C Oil pf 80 80 90
Am L>!st T. 30 — 39
•Am Or T. 8 7?4 8&
A H & L pf 1» 18 19
•Am Lin pf 2t"£ IB 22
Am Malt. . 5H s<i 6 i
do pref. .. 2y>i 2»i, 31 |
•Am S pf B 79 78 79
•Am Snuff. 2oo IXO 220
•do pref.. 02 91 95
Am Stl Fdr 6*i 6 7
•Am Bpf . 125>-4 123 127
Am T i C. 60 62 67
Am Tob pf 9<>«i ftOti 91
•Am Wool. 20',» 2Hi 2314
Ann Arbor. — 20 30 j
do pref... — 70 &> j
B & O pf.. 87 8. - l 87
•Batop Mln 3«» 2T42 T 4 3V»
Bkln D G..110 112 120
Brunswick.. 0 B^4 104
B R 4 P.. 91 70 106
do pref... 106 —
Buff & S pf 64% — 65
Can So 62% 6U4 63
C& S A T. lo4ft 100 110
C of N J. .IBS 181 185
C* E I pf.m — 150
C B & Q. .228 150 240
C G W pf A 23 22 24
do deb... 4974 47 51
Cl&Lpf— 40 90 I
CM&StP pf.153>4 150 152
C & Xw pf2O4V» 200 20f, |
CSPM&O pf.l6T. 160 165
Chic T Tr. 5 4 8
do pref . . 15 10 23
C U Tr pf. 11 1O 12
c C c&h« L M .'.7 5S>4
do pref... P5Vi «•» 99
Cleve & P.i«!) 16214 --
C V & I pf 50 45 fift
Con C0a1... Sit* «0 HO ]
<"orn Pr R. 15 ir>» 4 !►>
I) L. & W..500ti 800 535
V M & F D 11% 10 15 I
Det U R. R 37 37
•D S S & A 14 10 ll>i
Ev & T H. 62V4 60 80
do prof. . . 85 80 100
Fed M & 3. 79H 70 9«
do rref-.- 74Vi 71 73%
Gen Ch Co. 65 R5 65 i
do pref... 80 »o 100
•G N subs.l 2« 12R>4 130 ]
Hay El Ry 23 22 27
do pref... 74 70 75
Hock Val.. SR .86 Pf*
do prCT. .. 82 80 P0
Inft-R Co.. 514 60 — I
do pref... S4^i 77 —
Irt Pap pf. 58 55 58
low a Cent.. IRS 16 17
do pref... 84%, 34 85
Kan * M.. 35 35 42
Kan C ft f» 244 234 244
KCFS&M pf 66 60 65
K-o SDH Si 4 «
do pref... 25 20 30
X I of C pf 65 — 67
Lac Gas... 994 — 100
•Unlisted. 1
GOVERNMENT BONDS.
The following shows yesterday's closing, quota
tion* for government bonds, compared with Thurs
day's:
— June 11.-- — June 12. —
Bid. Asked. Rid. Asketf.
IT B. 2?. registered. 1930 .104 ■ 104 104 104^
V B. 2s. coupon. 1930 1044 — 1044 —
U. S. .fs. registered. lftos ....mi 101 4 101 101 »i
U. S. 3s. coupon. 1908 101 101 101 1015*
V. 8. 3e, smnli bonds 11104 — JOi>l<, _
U. B. 4?, registered. 1925. ...120% 1214 12n»« 1214
IT. S. 45. coupon. 1925 122 — 122 —
Panama Canal 3s. registered. .lta\ 1034 102% l<ri 4
NEW YORK CITY BONDS.
Hid Asked. 1 r»ld Ask-4.
4-1. May, '57. 1 109 -* 3". : .«. -May. :>4. c. SO4 89'»
4U«, May. 17. i 1'"»4' t 104H|34». Nov.. '54, 1. aft- B»'i
41.% Nov.. '57. i 108-, iot> |3^b. Nov.. '54. r SS4 SO
4.«. May. '57. 1.100% 1014 •««. r. Nor.. 'OS.IOI^ ini T »
4s. Nov.. '56. r. s<fl » WO •«■, r.. Nov., '09.102',, IC3V,
4s. Nov. "35. r. PO-% 100 *6«. r.. Nov.. "10.1041* 104",
4.v Nov.. ■.*«. r. !»9' : 100 1
•Coupon or repl«tered.
MISCELLANEOUS SECURITIES.
<Kr\ls"d by Frederic H. Hatch. No. 30 Broad street )
Stocks. Dlv. Bid. A?ked. Stock?. Div. Bid. Asked.
Am i: ?A V 4 39 42 KCEL. &P. 8 115 120
do pref.... 7 75 " 1 I.u-ka Steel... — 34 S8
Am Bras«... 5 105 112 ■ Lord * Taylor S 12» 130
•Am Chicle. 184 100 i do V ref « OS 102
d o pref .. 6 t>- '•••'• f^>rillard pf . . 8 110 ISO
Am Coal P.. 54 «•*• 61' Nat Cash Fl pf 7 100 120
•Am Tress... C. 974 1024 KUes-Bem-P . 6 90 10«
\m Thread pf 4 34 44 do pref 6 po 10«
All , Type Tdy 4 3."> 31' Otis Elevator. 2 3>i 30
do pref...'. 7 »5 1»<8 I -1o pref 6 84 • 8%
Babrock & V\' 7 80 !>•'• I Old DOCO SS. « 100 115
Barney &S c 4 — •» | Pratt 4- Wpr . 6 £.:. lfts
do pre f .. 8 100 120 *R Bak Powd. 8 140 150
DordeiVs CM 8 134 13S do pr«f 6. 94 97
do pref... 6 102 105 '?nf ell *L « 114 11*
Bush Term..— 30 40 Standard Coup 5 35 45
Con Rub T . .- 3 5 Standard Mill.- C»; 7*
do pref...— — » do pref 3. 3D 34
Conn K&L. 4 60 65 Texas Co 12 125 130
flo pref.... 4 65 75 Trenton Pot..— 3 7
•Celluloid ... 6 124 12S do pref .. — 40 do
F.mpire. &I— 5 10 do My cer.. 4 40 61)
dr. prnf 4 4.-. » I Trow rirec...— 30 4.)
Hall fcl?nal .—. — 30 85 | Tnion Carbide— 83 —
Herr-H-M ..— 30 45 | I'nion Ferry.. 2 12 15
Int Nickel... — 85 95 Union Typew. 6 57 62
do pref 6 T<> 80 do Int pref. 7 107 112
Int Silver — 5 10 do 2d pref.. 8 102 n«
do j,ref 4 5O 65 United BW X. 4 60 6,1
Klrby l.urn .— 22 27 do pref 6 60 63
do pref. . . .— 65 65
•And extra.
BONDS.
Int. Bid Asked. ! Int. Bld.Asked.
Am Malt Ist. « 100 103 V V Blue let. « 100 —
A P* F Ist. « 1»5 li'mi Nwest C R Ist 5 75 —
Am T* S Ist 5 Wi ft.'. Old DS S Ist 6 95 10>>
Am T F dbt. 0 100 105 Ont Power Ist 5 f.|t m
Heck-J Ist « 100 105 PC & C 1953. 5 35 4:.
Irt Nlck»l Ist 5 73 78 ritock Quot Tel 5 r<"i —
Int Silver lit ft lop. 105 Sun CCo 1044 5 CO «l
do dbt « 7S 65 I Cti Carb Ist.. « 11*1 102
Leg IKHI Ist 6 Of" - In I^ead dbt. 5 f.4 i»fl
Met Wat Ist. 4 45 B5 I Va-Car ii™. 5 ".':» 101
N J 6tm lit. 5 60 90 I
BALTIMORE STOCKS.
(Turntahed by Van Bchalck £ Co . No. 7 Wall etr*et.>
Bid. Asked. I BM. AskM.
United Railway. M v i Cotton Dork. ."> 12
do Incomes.... M-« 61HJ do Incomes -."•> •_.;
rio 4s 86 |N"orf Rj- & L. 6*. SD t»f»'i
r, b* 8 v t.. . - .1 i Light A- P j>r»r.. — -40
do Incomes . . . 15 1 ■'•'»• ■ do »'.»» ■ — *»
do l»l» 42 r -; 4".'» rhi»!i City Ttv Ba.lOO 1..-.
Seaboard « — li'han «*rm Elar Si R7 »>
do I*l i>ref • I* «i> Cow Trust IBS it<>
rT. 2.1 prof . 11 I- 1 . I'nlon Trust 4.". CO
«i, 4s SI M'» Tlilrd Nat Baa*. 112 I2i>
«Jo 10-year Si. 87 M Fidelity A Pep.. 122
Conaol Q«» — TO Maryland Trust 30 £<>
do «c lot » 105 Nor Cent Rj... 80^ tOL^
OUTSIDE SECTJEITIES.
Renewed sellin* pressure developed in th» market
for outside securities. Speculation as a -whole, bo far
as activity was concerned, was centred In few
issues. In some quarters, however, a firm ten
dency was shown. Union Pacific »* were pressed
for sale and suffered a loss of *, to a new low mark
at PS. Tidewater notes were easier. Standard Oil
was an exception, improving I points m slightly
more activity. In the mining group North Butte
Extension broke nearly MB. while Daisy fell »c.
rilllini was off a fraction and Butte Coali
tion hi. Cumberland-Ely and Nevada Consolidate! ,
were fractionally lower. Nlplssin* was down Ifcaad
United 'i- Dominion Copper showed firmness at an
improvement of %: Miami advanced to «. ■■"■»»
Furnace Creek. Nevada-Utah and Goldfleld were
heaw. in the last half hour heavy buying of
Union Pacific 4s carried the price up to 3*»j.
INDUSTRIALS.
•ari \vr\'st\'sr\tsi
ZOOO Bay State Gas.... » *JZ%t 2* 'H
600 Manhattan Transit 2H -*k *"* 7?
300 Panama Cement... «s*i »* "'* ™ *
40 Standard Oil »1O 610 607 «"»
.^ — - - ""
RAILROAD.
h ari i^srl H i£-i »r!^f
' 800 I Chicago Subway...! 19 1 1»X» t!> ) M?
>.. _ r
MINING.
Bhar«.| . • Open- I Hi 5 h- I Low- I La, t '
sold. I \ inn- i ear ; e«t. 1 aale..
2001 Alaska ninea Seel 7-l«! T-W! J-l»j 7-18
1.000 Btnsham Cen Stan *»| * £! t1 7
700 Boston Copper.... ll'i 11*4 "> '''
300 Brit Col Cop 4% •* «* **
flO Butte- Coalition .. 22 7 4 ! 23 , 22 », 23
400 Butte &NY ! IS IS '** '>
80.0Of»jtCobalt Central.... 37 38 3«>, MH
2.o<X>|tComblnation Frac 45 47 ** *♦
11.000 tCSon Ariz Smelt.. 13 j W " : I r..
2.500 Cumberland-Ely . . ! 7H; .% **] •>
600 Davis-Daly Eat... 1% 2 I« »*
820 Dominion Copper.. \\ v <» 1% 'J I**
Douglas Copper... B** 3% 3% | .. »
300 lly Witch' ■.'.■.■.'.'." , «^l6 8-16 , 3-W »-M
300 Ely Witch *-l« Rlfi ' MJ _ •"•
1.200 Florence 3H 3% 3 1-16,3 1-16
1.700 tFum Crk Cop... 15 15 14 14
100 Giroux Mi 3 H, 3H 3S
600 tGold Bar » I 6 iH\ J>
600 Gold Hill V»| * •-1" «-W
B.SOO Goldfleld Cons J 6 8-16 5 8-13 8 7-I*s 5*5
24.000|fGoldneld Daisy... 83 I 89 "0 72
600 tGoldfield Gt Bd.. 25 I 25 I 25 2S
1.400 Greena-Cananea .. 10 | 10 »%{ 10
85.000 tGrnw Cop Smelt 10 | 11 ' »'« 10
300 ! Indian VaJ Cons..: 4 | 4 | 4 | i
600 tKendall I 24 I 24 ' 24 I 24
600fLa Rose Ooni , 5* 1 SHI SH : ■'''»
6,000 tLucky Boy 4 14 4 | 4
260! M«x Expl & Mln.' 7 7 *«'V «'»
300| Miami Copper ! 6 • « j R <>' «
1.595 Mtrmar Mine* ... f 3Vil *3%< 3% «
lOOjMine? Co of Am.' 1 9-l« 1 9-16! 1 »-li 1 »■ I<>
100|McKinley-Darra«h| 74 (74 74 74
600 Xcv Con Cop ; 11 7 61 11*» UK] 11%
1.600' Nev-TJtah M& S. 8 7-16! *34 8»19 1 3«i
eOOiNlpisslng M Co . . 7">»! 7*i 7 7
81.000 North Butte Ext. I 81 >» 31% 22 2T.
2.000 Perm Wyoming ..' 34 I 35 ! 34 35
200 Pitteburgr 9ilv Pi $1 IS $1 16 11 IB $1 1«
400 Precious Metals.. .l 1 j IV 1 I I*4
1,100 t3*chlight M& M: B7 ! 60 ; 57 I 60
200 r tSutphan Gold D. «4! *4 '» -%
6.000 Tramps Cons ' 14 1 * 14 V 14 ! 14
200,'Tuyra Dev. pfd...| 2S 2*4 1 2%l 2S
200 ' United Copper I 7 7 1 6\i 63«6 3 «
I.ooo J Yukon Gold Mines! 4 J 4 I 3"* •", 7 «
BONDS.
~1 j Open- I High- ! Low- I Last '
Sales. I . j ing. I est. | est. [ sale.
' »10.00Oi Ad EXp col 48..' 65%.\ S.3*il BS*i I 88**
16.000 XRofir 4« wt „ 83\ ' 83*4 83% j R3\
2.000 T StL&W ct 4b 71 l 1 71HI 71H I 71*3
80.000 lew 6pc notes »7»i | S»7»i| 97*4 j 07**
1.180. 000 Pac 4s w 1..' 05S I PSH! 65 ! 84?4
•Odd lots. + Pells cents per shar«. ,
[ ' .
CONSOLIDATED STOCK EXCHANGE.
Traders on the Consolidated Stock Exchange yes
terday were) disposed to follow the lead of those on
the "Big Board." and put out more or less exten
sive short lines In the early dealing? on thn further
sharp break In the price of the new Union Pacific*
•4 per cent bonds on the curb to below the subscrip
tion price. These operations not only resulted in a
decided slump in prices throughout the list, but
also in a pronounced increase. In the volume of
business. Before the close there was some cover-
Ing of short contracts.
CONSOLIDATED EXCHANGE SALES.
STOCKS.
Bharssl | Open- ' High- I Low- I Last
sold, , I ing. I eet. | eat. | sale.
7.7SOiAmal Copper ; 67*4, «7V «5 »! 6«Ti
70] Am Beet Sugrar... Ut 1 * 19 l 4l 4 is ' 1*
270 Am Car & Fdry... 34 | 34 33% 33?,
50| Am Cotton Oil 30V, 30 l i 38 j 3f>
120IAm Ice 27 27»» 2rt»» ; 26H
580 Am Locomotive... 4»S 4»*» f 4.S':; 4*>' 2
5.730 Am Smelting 75"i 75** 73 V 7"."*
2.V); Anaconda Copper.. «*i 43*»; 4lT»; 42 : 4
2T^)*Am Sugar 127 4 127 V 127 ! 127
PSOiAt. Top & S i" M 4 81*4 1 .*OU ! SO^i
160 Bait & Ohio £9 I *!><i Ml, : fS^i
Z 340 ! Brook R T 47 T i] 47 i' 4<> 47
180 Can Pacific 159 1 * 153* 4 | 138 ' 15>'»
«70 Ches & Ohio 44 * 44% | 4."?% 44 l
60 ' Chic- Gt West .... 6V tJ'-i *>'!i 6*4
4.7f>0 Chic. M& St P.. 134 ■» j 134 V 131H! 132 l «
410 Col Fuel A I ! 27* 27r» 26'» •_•«»,
20 Ccnsol Gas 121"* 122 : 121** 122"
120 Dlst Securities 33V SS\ 33 s * 33* i
2.300 Erie 21^i 21*- lh=V* 19»»
870 Gt Northern pref. . 132 l » l"C T 12»*» 13OS
M 0 Inter Met 11 I 11 10»» 10\
600 Inter Met pref SOU, 30'; 2S S * 2»^
m'jlo, Kan ft Tex... 27 l t. 27 : 4 2« 3 »! 38%
l,»«i Mo Pacific 47*3 47's 4.V 3 4«%
200 Nat L#a.i <W«i ' ««<i 65 BH
420 N V Central 104** 104«j lf'S', lt« T ,
•".ON Y. Ont & W 33% 40*» «9 I 3D
2.1201 Nor Pacific 137 137 ' 134*. 135' i
so Pacific Mall 25* i ; »"i ,?4'-» ; »H
SfiO I Pennsylvania 121 1-1 12rt* 4 120,
40|Prsd St«el Car 27** 27S 27*» 27? i
50 Rep Steel Sprint. . 1 37 | 37 37 37
Reading ......; 114*, Il4«*| UOS IUJ4
Ro|Rep tteel j 17*j I.S l.'a 17*5
30 Rep Steel pref....: Kfi «gja «« t . «« l i
170 Rock Island .... 17 Vi 17J> 16% 17
150 Rock Island pref.. 34V 3V-. 3■■ -. S3**
2.oso' Southern Pacific.. S<5N ! B»\\ MS S-i-4
2»X)| Southern Rway... l»9»i I.H , 1. 17
10 Texas Pacific 23 23 23 23
5n.600 Union Pacific. .. 14. *s 14_.^» 14} 144
ft"-50 IT S Steel 37\» 37* 36*4 36 T i
220' r P Pteel pref . ... i 101 V, 101 V 100 , ' 101
30|w*at>ash pref. ■ ..-I 234! 23*s! 23 1 23
IW.POO Total sales.
, _ . ■ — ■ ■ . ""—*
MINING.
Wares! I Open- I High- I Low- : Last '
sold. I 1 Ing. I est. | est. | sal».
X 3001 Belcher j -22 I .21 | .22 '
1 300' Blue B-ll 08 .«»% .m | .OH4
800l«'omstock 35 .35 . .35 .35
100 Con Cal 4- T« ■• I ■*« .56 .5«
SOCtlDiamondfleld 174 .174, -174! .174
200 El Paao 3-«>4| .3s*s .3*'s .»H
1.0O0; Kannls Rawlings.. .114. .114. 114! 11 ; i
.'^»'Gcl<i(leld Cons 5-874! S-*74: 6.!V> ; 5.5<>
1.000 i Goldfleld Daisy .. «2 . .«2 -7S ; .78
1/O0 Isabella 1 JO -2 - S7 - 1
DOO Mollie Gibson OS . .OS I .08 .«f
4'»> Mexican I 5.> , .53 j .53 .53
♦OOiODhir 2.75 I 2.75 ■, 2.70 270
SS'oStiirlo I 5.18 5.75 •-» 5.M
S.OOO Pharmacist 044 -<H*S ."4 1 * .04',
30,1 Portland •»• •»• -»7 .07
t.OO Foto«i I -I 5 ! - 15 I -I* .14
aoWTrann* Con... I -14HI -15 | .14*. .15
14.266 Total sales.
WHEAT.
Wles. I I Open- I High- I Low- I Last "
bush. I I »ns- I e»t. I est. I »ale.
5.19.000; July option I 87 T 4I 88HI S7**| SSU
PHILADELPHIA STOCKS.
(Furnished by Charles D. Barney & Co.. No. 25 Bread
rtr«*t New York, and No. 122 South 4th street.
Philadelphia)
Bid. Asked.! Bid. Asked.
Am Cement 324 33 I Lehlsh Vet RR. 61'» 61',
Am Xv Co .44 41*3Marsden \-, l'»
Cambria Steel... 3«>4 31 , Phtla Co 3S 1 * 33
Con Tr of NJ. 70 70** do pref 40 M> l i
i:>c St Bat Co. 31 32 Perm RR Co ... «A», 60 1 *
Dec Co of Am. I<>4, 10», Fern .Steel C 0... .-,] «
Kairmount Tra.:. S I<> do pref J« 9tsVi
Gen Asphalt 4 5 Phlla Elec C 0 ... Ov, 9»,
do prer 21 23 Phila Rap Tr ... 13 13"-,
Ins Co of N A. 21 21»; Smokeless 1V«. . . ft 11
Lake Sup Corp. 5 «*4i T'nlon Traction... 4«4 4ft*4
do pref 25 2fi Pa Gas IBM Co. . *4 MS
(-■-■ high Nay V 7 M I Wrlsbach Co . . . 21 25
BONDS.
Am Ry ■ onv f.s. !t« fWt, | Phila Elec 4» . 71", 7l'»
F.ler & Feo 45.. f>l'i >»2 1 do 5p . . inoi^ \o\
N .1 Crn •"■• 1024 102*» Phi.a Co 81 (M »«i,
I'eo Pa«» Ry 4s. ©A 9Hki
»
CHICAGO CLOSING STOCKS.
American Can pret "6?4| Diamond Match 127S
Am Shipbuilding pref. 1004 Illinois Brick 331,
i"al A Calc C A !>.... 404, Kan Cltj Ry A I. ;•( 7;.
Coinnionn t-a'th Edison. t>7'j National Pl-.-ult pref lU',
Chlcoß.-i Telephone .. .!20'>j National Carbon pref..lt(>',
Chicago Title & Trust, toa 1 Quaker Oats pref 117.,
.
COBALT PRICES IN TORONTO.
<Furni*hed and corrected dally by Stewart & Lock-rood.
No. 4.3 bdHW PUc*.
Hid. Aske.l. Bid. Asked
Buffalo Jl 5O $2«i*> I New Terms . $I>3S> v tlu
•■-.halt i ■>>■ ■ *' .TH KtpkMina 7 0i» 7 :;7<,
«'uhalt Uaka II 1 ; 17 1 Nova Scotia. .. M _•>>
• •onlaiTJ* 4v. IN I r>l«iw lake. 1H« S is
Cro«n Raaarva !*»» •'■- [Had Rock ii> I."V
{■■■•*:■ Art U I Silver l^edf . 13., l)i,
lirfn M..nan l'» IS i Silver Queen.. 1 l<> 1 I2'j
Kerr Lake... 310 350 | Trethawey .... mi M
little Nlpi».. 20Vj 8241 Watts . ... Jts 42
AlcKlnley-Dar 70 78 ILa Kou ft ofc 6 12<«
TO HOLDERS OF
First Mortgage Four Per Cent,
Fifty Year Gold Bonds
Wabash Pinsburg Terminal
Railway Company
R-ferrtßK to Its notie* -latisd liri* 2. 1303. {£, Cam.
ir»ltt«e acting imder the (Jeposlt a<re<»m*nt Jatsj j,-
2. lr^o. has Basil JuTy <*. i;«i*. th) , <Ur» 00 2*
which first mortKa^* bonds an«t coupons moat li a*.
Bjaatlsi with til* CENTRAL. TRUST COMPACT «
NEW YORK. 54 Wall Street. N>-» York City, or 0)Z0 )Z
COUOSn TRUST company. Ames BulUttat aassav
th<» depositaries named In said agreement. Cop:««
said .i»r»»ni»Tit may b<* ohraln^d fr^m «'a( 4*MBl^bbm
or from Mm »ecr»tary of th« "-tttsa *"*
Datel New Tork. .I>ir- 12. l:> 0»
4. N. WALLACE. Ciairaaa-
PAH MORTON.
HAKES FI.9KE.
HARRY BRONNER.
MTi-RO> T. HERRICK.
GORDON ABBOTT.
GEO. P. BUTLER.
Comaltte* '
FRANKLIX L BABCOCK. Se^r-'ary.
34 "Wall Street. Rn York. v Y.
JOMNE. I.ARKrN * RATHBONS.
Counsel.
. o fc ERB °c>
TRUST CO.
358 FIFTII AVE-. COR.VER 3tTH 9T
M B"wsy. 100 W. ll.«h St. 3d Are. « iuq,
TOPICS OF THE STREET.
FOREIGN* TRADING.— Foreign houses salt,
25.000 share* in the local market, the heavlfj;
sales beins? in Erie. Union P^ciflc and Re*Jtea
In London the general market was *-«ak. «tßi
realizing in consols and gilt edged issues to gn.
vide funds for a number of r»-w issnes o*T»re<l ts
eluding the rr.inn Pacific bonds. American, iasgsi
were weak and f reely sold '"■•• New york. Anslß>
dam was a heavy seller of Erie. Money a: tij
British capital continued ea?y anl '1:sro-:nts ttn
fractionally lower.
DIVIDENDS DECLARED— Dividends '•ar»
been declared as follows: New York Sartagt
Bank, usual sern!-anm:al . per cent; West Phils.
delphla Passenger Railway. r°srular seml-acsai:
5 per cent, payable July l ; the Davis Mills. rea>
lar quarterly 1% per cent, payable Jur.e 27; Uslca
Passenger Ball* of Philadelphia, regular s»=d.
annual 4% per cent, payable July l; Standari
Screw f'ompanv, regular serr.i -annual 3 per cent
on th« common and I per cent on the preferrwl
payable July I; Jefferson Bank, regular send
annual 5 per cent, payable July 1; Century Back,
regular quarterly ! '•-; per cent, payable Jniy i;
Royal Baking Powder, regular e,uarterly i^ per
cent on the preferred, payable June 30; Mutual
Bank, regular semi-annual I per cent, payabl*
July I; Standard Gas Li*-:, regular semi<«Baaßl
3 p«"r cent on the preferred, payable June M;
Metropolitan Trust Company. regular Quarterly i
per cent, payable June 30.
BANKS GAIN CASH. — 1 reported -- miasi
of currency this week Indicate a gain in cash
by the banks of $10,391,600 The .-.:« receive*
from the interior $14,227,200 and sent to tha in
terior $7,322,600. including $.",.434,000 nariaaal
bank notes sent to Washington for r^iemptlon.
The gain from the interior was $0.M4.509. He
ceipts of new gold wer» $1 405.30 ft Ordinary dis
bursements by the Sub-Treasury were $-5.J19.70»
Payments by bark- to the Sub-Treasury for cna
tom?. internal revenue. 5 per cent redemption
fund, etc., were $22,243..-.oi>. The gain on 3«b-
Treasury operations proper was $4,057.20!). Re
ceipts from the interior w»re the largest since th«
week ended May 1. and there was also a small in
crease in shipments. s-< that the net gain is If**
than last week.
NETV YORK CENTRAL DEBENTURES— Tie
$13,000,000 New York Centra! 4 per cent deaeotur?
bonds just sold, are being offered by the baafcsn
at 91 'i per cent and interest, to net about 4.55
per cent or the investment. The aatioriied i33U9
at. these bonds Is S. r . !l .O'ju. j ■").>. ?o :hat after tie Bjii
of the present $!::.•■■ 1 ) there will remain \l.
000.000 of the bonds unissued. The deed of trust
provides that no new mortgage can be placed on
the property of the company without equally se
curing this issue of debentures.
PEOPLES GAS EARNINGS TNCREA3TXG.-
Earatngs of the People's Gas Light and Coke Com
pany for May maintained the average increas*
shown in four preceding month?, compared with i
year ago. The increased r.umfcer of subscribers ob
tained as a result of new buildings in Oaajaj thii
year was larger than in 1507. The Indiana Natiirsi
Gas and Oil Company's tirst mortgage 5 per c* nt
bond?, of which |BMtMi were ofT^red m the adver
tising columns of The Tribune yesterday, ar? guar
anteed both as to principal and interest by the
People's Gas Light ani Cok» Company. Thaw
bonds yield at the pric* quQteci nearly • per cent,
and are safe and attractive investments.
GRAIN EXPORTS FOR THE TVEEK.-Brai
street's reports the exports of grain for the ye«.
with comparisons, figures in bu?hels. as folloirs:
Wheat, flour included. tJBHSC. azainst " ■-?••** j*Z
week. 3.376.5*2 in this week last year and '••*• a *?
1002: fiscal year to date. ttftSs/S* contra3 / l ed r ![l-
IMjnjM In l>v-'.- and WMSWE In ««-**• <*%
125.333. compared with W last w^_?. n4 J~^
In 19<T7: for the fiscal year to date. t.ISAT I *'. 3 »*"
• • ' :.5.-5 in OaWl
MANHATTAN RAILWAY BOND ?Al^"!L*
officially announced that the Manhattan -^iTof
Company has sold to Redmond & C* Kl -'*-cL,
its consolidated mortrage t pel cent - ","^5
of IS»\ These bonds ar* Issued to «Sla*
6 per cent bonds of the Metropolitan Elevated
road which mature July 1 and S»W»** jV^
These bonds are now an absoltir- flrrt a «"
mortgage upon the entire property of tne m*u
tan Railway Company.
GREAT WESTERN OFfICEBfBEAK^gJ*
atl Oppenhetai. vire-pre^d^nt o f the L»ica?t> v
Western, said yesterday that then «3S .no p
demand for stocks, and that the "^SeS
loaded up with them were find nc «^*g
the same conditions as prevailed **.*. "' t M
break a year ago last March. V." thongSt v
tariff would cause much trouble.
DIAMOND MATCH NOTE JggJ^ Jsr
mond Match Company has sold $2 ■'^ v » %, }a r
gold note,., paj-able SaMM July £»£5»58
1. 1910: WJO.(W July 1. W. "S*f22*sw^«"
The proceeds of the notes will be ■i" ' dd ,»jons
company", floating lndebte-lness and for ao^
and improvements now under way.
NEW YORK CITY FOND CALEND.^-^
dates of issue, amount, date of -. v Tor*
dates, issue price, form and character « >c* j,.
City bonds outstanding in the • ha-..1a of^-^ ft
have been arranged in ?*™^*°!££taStS&i
Co. for presentation to thetr to^'t x^ r vsl
and institutional. The calendar .-■< P *rt.«xlaHT
uable for reference.
BUYING COBALT TKNTRAI. WVlPBjj
(l,aa.n & Lutz yesterday ht * h * "Via »
dividend on Cobalt Central on »•■ share* » l
share
COPPER PRICES HIGHER.-Th-^'V;,
of electrolytic copper on the . Me^- ,s»«a
been advanced t». also that of aMaa« "■ !
per remains unchanged.
hay vote.l uy close the -IBM— ■ •■ ** s.
rviOV EXCHANGE BANK.-Th- rcl r=_Bj
FOREIGN GOVERNMENT SECURITIES
BM As*«».! _ , gill SP»
German con S4» 80^ W* Cet «^»J^ *£ Up
REPORT OF STEEL COMBINATION DEN»Ef>
The report cabled from London that : •"
national combination had been ' %ft %',^<itf
leac'ins «eel eompatues of »••■ Er«£. . f)|^
many. Russia and the In «e.i State*. « " or tS»
til of $3^000.0001 was denied by the ofikuw «
ITnttecJ States Steel Torp-^ration *— «* , «»>
Offleca of th- Bethlehem Steel or^ rat ' 1 , %. &wa &
said that the trip to London of rhjrloS .^ ( .- c . rr^
ami ArchtbaM Johnston, president ana , tblaS
dent of the corporation respect ive'.r. naa
to .!■• with such a merger. aft*''
A caMr SMSMMJS from London > est< ' ra d j^.*
noon sati the report that stu-h a w '-maw***
forme,! was ,li.s,-r«life,i there and that nr^\^^.
-were allescd to be connecteJ with the «»*••
tton denied ail knowledge ot U- \

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New-York tribune. [volume], June 13, 1908, Page 12, Image 12
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