111hi1i^^bl 1111 iisißliilliih - chronicling...
TRANSCRIPT
Edvard B Smith Obenj W. BrightFrancis E. Bond Charles F. Bloomer
G*ors« W. Jforris
Edward B. Smith&Company
BANKERS
27 PINE STREETNEW YORK
51! CHESTNUT STREETPHILADELPHIA
Ve'ntT S»» Tort andPhllaoelpiru Star* Kscb«b«w.
STOCKS(Railroad and Industrial)
We now- have; ready for distributionthe 4th Edition of our special circularFivlripFtaiJPtice covering 27 of th« bet-ter class of Railroad and IndustrialFtock issues;. "We believe that the stocksreferred to In this circular should beamons: the first to participate in th«restoration of normal conditions In th«ceeurlty markets.
write roB crmcrLA* ho. ass.
Spencer Trask & Co.Investment Banker*
•William «£d Pine St»,, Kew TorkMember* Kew Tork Stock Eichange
To the Holder. «rf D-po«lt B«e!pt. ot the Or ABA>TT TRr«T COMTAVT OT XETT TOKX.FOB »
THE UNDERGROUND ELECTRIC RAILWAYSCOMPANY OP LONDON. LTD.,
5% PROFIT SHARING SECURED NOTES, DTJZ JUNE I,1903.
Deposited under the Deposit Agreement dated December 1, 1907, between Sp-yer & Co.
and Holders of said Notes payable in New York.
NOTICE 1* h«rebj- «^ver» that tt"t vr.AiTnlgTS** aaWM »pproT*l tt» P!ar <Jat*4 ipr*l 14. !9«*. f3rnraUf«a St C*Beard of Dlrw'.om of Th« fndfrgroond Electric Railways Company of Iv>ndon. Ltd.. for th» \u25a0"*"\u25a0"\u25a0*\u25a0 of
••Fr»«
p.r C»nt. Profit Pharln^ !:r#ri Nofs of rhat Company and for nmaiustwr.'. p'irsnact ma, Rca4l'iacni«e» A«r«-
m*nt. dat-4 Apri! 7. 1W«. b«t-a-en taw Firms of Speyer Brothers, of London; «p«y«r *Co. of N.-» Tor*;t^zar*Epeyer-ElllMen. of Frankfort o'Maln. and Teller* <5« HaMti Bro'h-rp. of Am..-—'.a--. «l th". "-'• part. HoCtei
of th» rmflt Sharing; Secured Note, of caid Rail-war Company. •-, of th*MMipart. *--» London *" '^•-st-m)p.'T Bark. Limited. Guaranty Trust Company of V»w Tork. and AiHrtilal <-»Kfca. AiJiterdatn. or O» th!-«
r.rr and that » copy of aal4 Plan and of «aH Readjustm.nt Asrr«>Vm«rt ha* Iv^n lo4«e^ at the offlr, -. .-.,Guaranty Trust Coiapary of X«w Tork. the Depoiltary under th, m»nt:«H r-co»U A«r*«n-r.'. of r-«?n-
ber Ist. 1007. for inspection by receipt hold«».
Any receipt holders who do not ass-nt to »c-h Plan may at aay aatM on or b-fcr* Ml tSth. I*»J. \u25a0 -'--•\u25a0
th« Notes represented by th<tr receipts <or a HJc« amount of Notaa of th* aam« Issue) upon B':rr»r.r!^- •< r--e<- r»-c«)pta AH receipt holder* who shall net CMdM within nilHim thl« Tight to. Wh--a» oa* >\u25a0--• . shall \u25a0-
deemed to have assented to such Plan and aha!! b« bound th-reby without firther act"aetlc-. and the c=J-r-
»Umed will be entitled tr» use their Notes for th« purpose of carryt"? out sich Plan and M <\u25a0!»\u25a0—'"* ' Vat*
under surh plan, ajxrl th* rights of »uch receipt holders «=al! be such «aty »» rray b« till—I 19 rJ- 1-
P!ia.and shall t*. subject to compliance with such tern:, as said PUa may I~^s- as co=<!!tlor:» ef participate tSer-n.
Copies of the plan and of th« Readjustment may b« obtained at—
cfScs of the Gi*ranf.> ~rjt
Company of New Tork. or of the undersigned.
New Tork. April22d. 19'».SPEYER. & CO.
SCHWARZSCHILD& SULZBERGER CO.
6% Debentures, due 1916,af«lfr_ln__-
_ _Correspondence Invited.
TOBY & LAMARCHE,25 Broad Pirn*. \u25a0*» Tork
JRHftmnnl&CiL *s^^lMake a rpecialtr of proTiding
Funds for TravelersIn any part of the trcrldthrough carcfclly selected *««ats.I>*rTir*tT? book'et on request. j
TO THE-HOLDERS* OF BOXDS «r!frßF^ BT THSFIRST MORTGAGE OF THE
Fulton Street Railroad CompanyDated November l»t. 1*95.
* *YOU ARE HEREBY INFORMED that
•-• F--»rf*r«o* (h« N;w York City Railway Company 104 cf •'-.»Metropolitan Street Railway Company, who haT» "--
operating th«? property of Mai Fulton Stixil RailrealCompany ur.d«r a trackas:* a«-«e-r.«-' ftav« *'•«anotice of th^lr •foettra, *» "f May I.If>oS. m -JisaSmthat contract aaaJ to (ti-
• up •-» operation of .t!j«road.
Ton are therefor"! requested to »»n'l •-> •--OmnatrTrust Company of New York. 2- Nassau Stre»r. tS»Trust** of the salrl raortga?-. . -.--\u25a0:- nani»» i.-.-i »*-dresses, and th« amount of your l:o;r!!r.fs. with a. i!<a10 such '•"-operation arnon* th«» bootDuMm «• mayb« necessary for the proper protection c* year lat?r-csts. To 1;art *<lvls»<l that tnm«.l!a:» action '» aaaMt-tia!. «• the neamn h*v« -a-ItTr?ra»-! tVaaii alt -•-.- -« «•%- for the farrh»r operation
-•th» -%:r?a4
ani are In m. position at any tlm« to <3!!>-r-- • -«
—i»le«DafrJ. »r«> T-rk. Mar *'h. l?0«
f;iii*n»atj- T"i«t Company <•' >»w Tork.Tr-i««-e«,
By -T. VT. C.*?TLE?. Pr-sti--**
Illinois Central RightsBOUGHT AND SOLD
"WHEN I.—'lXIV"
SCHMIDT & GALLATIN11-mb»r» of th« N. T. Stock Exchacj*
111 BKOAinVAT NEW TORK
OUTSIDE SECURITIES.Speculation in the market for outside securities
was rather brisk, -with marked strength in all theleading copper stocks, although several of th« lowpriced issues. Including the Goldfleld shares, wereInclined to heaviness. The specialties were markedup sharply. American Tobacco improved 15 points,
while Standard Oil advanced 9 point3. Chicago
Subway moved up *i. withactiv» dealings. IllinoisCentral rights -were in good demand. In the min-ing' list Butte Coalition advanced Hi and Greene-Oinanea 2*. United Copper, which had been more.or leas neglected, developed activity and advancedHi points. Mlcmac Mining improved S. Nevada.Consolidated and Cumberland- Ely *.; Superior
& pittsburg was firm. Goldfield Consolidated andDaisy were heavy. Tramps Consolidated an'! Fur-nace Creek were sold rather freely and recededabout 2c. Tonopah Mining eased off 3«. DominionCopper reached a n<*w low mark for the movement.
lionds were dull. Erie notes were uplj.
ACTIVE CURB STOCKS.
STRENGTH AND ACTIVITY IN STOCKS:; HEW YORK STOCK EXCHANGE SALES-THTJUSBAY, MAY14, 1908.
';:!**&-"':'
. \u25a0 \u25a0•\u25a0 \u25a0
__^; !—^-g,!—^-g,-
—\u25a0 <l* t |--
' —I
'Actual Sale*
""IClosing
Shires | S>t ( !"" " : i Actual Sales | Closing- Share« U'rt^s . . . , '
Open-High^ Low Tln^[Bl§J_A?jLsold, t'ch-nge IQpenlHighlLowlFin'l Bid Ask soM^ eh nge. _ j^
y Adam, fexpre., 1168 IW !Iff j1« !1«»,**
S "^Lake Afc::..: 17 U 17 «\ % ]\
1,400 : +4 AHls-Chalmers Co 3 »^; Jj <"* ..S 9*9* «^f 4-54-5 Z Lake Erie &Western pr 43 43- 43 43 143 «
I.W 41< AlUtvChalnwn pr.. g *f*£, gH2& I|u £. 2.^1 +H Louls^le & Nashville. 1084 W% injg % 1»SS.OOO ,>N, 'AmaJgamated Copper 6fi 6^4 « \u25a0« »» **'f .'^ +ij Marine pr 237* »gk 2* a™ «*-4.9 M+% American Agricultural Chem.. 8J;, 22 »% 21% -1 2U J^ . * Mackay Co •' « ** «\u2666 « S «l.SflO
-'American Beet Sugar 21* 2H. 21; j2l 21% -i*
_C Mackay Co. Pr ifLv^ttiv I^l «mi 13^sft) American Can gi 3 «>i R«* & b?! fOIO +^ Manhattan Elevated »g« 1©« 13.?,. ?w? ftgrl
3no -14 American Can pr B£, M* m *%£ » S7 J^ +&f&f Mexican Central 1«» 1?» Ig4 Jg 16% 1» 43.80n \u2666 Xi,American Car &'Foundry 371* BSJS 37^ 37|. 8 |j> S^ \u25a0« +aj Mexican Central
'ctf5...... l«Mi 17 «'•% If* "«
J<» —4 American Car & Foundry pr... &* 9«V,| »£* «}? gj .W +114 Minneapolis & St. Ix.uis 31 32. 31 32 |2 »3.0T0' +< American Cotton Oil 31 fflj,j »Ji «}• |^ S% 100 __± Minneapolis & St. T/duls pr ICTJ4 SCTVi ICT% >g» tSli M^10 American Cotton Oil pr S3^, H*2 »% «4 \u25a0% »
3.015 .iV4 M.. S. P.& S. St. M j llWul 113 IIIVS11-% IJ--* *»»
W -ii•American Gra.ss Twine S S S. S 8 S£ »• "_2>t M-. S. P. &S. St. M. Pr U4J» IM£ IMJa 3«J? -,;5,035 4»{ :American Ice Securities 344 2*^| 24 « 3SS 3f?» g^ 6 inft +i* Missouri. Kansas & Texas..... 28% 2^l M% »V» 29 .» -J*3.030 *iv,;'American Linseed Wffl•12 ,
JO1* H^| 2»S 27 •'») + 4 Missouri Kansaa A- Texas pf.. «V 61% 61-4 61^ «1 «£1,4^0 +2^ •American Lineeed pr 2» Mb 2o^ 6,*») +% Missouri Pacific '• •• WJd "^ " !«• B.C'* 85S2.100-
S 'American Locomotive 50\ 61 oo>, oO>* SP> 5* • _2 j'National Biscuit .- **\u25a0* >f» ?S * 5S ioi- M
6.T0 -\ American Malting «:* « ,5 « »»3°3°
j 710 +11J National Enamelling & Stpgr... 10 11 10 0;, 10 4 U4no +-, American Maltinir pr 33 33 » M 22 2^: £.:m + 14 !«Natlonal Lead i ££* «gW S^* !L SgiirtV*
CUM ,1% "American Smelting •! J^*! "*-» » -*s gg« + < 'National Lead pr'
«9;*: *$* *»*: P2'*- 32^ 1 -,.1,500 -American Smelting pr.^. |Mi 1»- ££* MA Br^!Si' 4m>
- 4 *Newhou?e M. & S j 7?? •.>i .*« -I4!I4! JJ n*300 •ft •American Smelting: pr B.....\u25a0.; »>* Bgi BgW »0 \u0084 9n,t 51 7W; _{*.New York Air Brake 714, 71J? .1 ; •!., •«\u2666 7!2nrt •American- Steel Foundry ctfs.. _«H 6H 5> 5 6^ 6£ ,
2!5(>) _ij New Tork Central •\u25a0 I<>^» 10g4 1«% 10X* I«g4 40*!R» +I*4 •American Steel Fdn". Pr ctfs.. 34 «i: .4 , S4S 34^, « +** New Tork. Chicago 4- St. Louis »a: «% 40 I «fl MM v*MN -IS •American Sugar i», I^l*}» 1-^ J^« gg* 40 +1^ New York. Ch. A.St L2d pr VM •-
i ;*^ '? '\u25a0 '5 :.^Irt) «nC •Amtrlcan Sugar Pr...-.-- 1»J» Jf*J* }?*» i?V 116 l'T^ j 300 -1 New York. New Hav*n* Hart, 13<. \u25a0 1-* 13^ t 135%««i 4P-im -S, American Telegraph A Tele.... 11^ UP* IJjJ* 116 11.^ •-.% Xew Tork. Ontario & Western. 42 42 4«J» 41,41.» 41^S-« *1S American To^f0 Pr & £& «1 23 500
-—Norfolk & "Western 70^ «1% W£ a^» 71 v*
KTO +H 'American -VToollen 2 ;- -^ ga. jf5 IJ2O-
4 North American « *\u25a0 iS? .i«*" IK«4 IWKlrt> +-» -American Woollen pr £^ *? « *'
57535 +it. Northern Pacific ...-\u25a0 }%H?£vw4w
4 ri 3» P4gg : 48814 -Anaconda .:::::::::::::::::::::::: ft1*\u25a0£****
fli3500 +l •Northern Pacific, ctfs "« 3'? "1^ 1i Si42,^0 *1»* Atchison •• ««l* Sjfi 8?^ fgg '245 Ontario Silver , **? l» .^ ;|H2"0 +l»i Atchison pr 9* "g» j- £\u25a0*
~* -^ jyy. +v; Pacific Coast : ™$ £> 2, •?. !»:« v,1
cX?—
AtlanUc Coa?t Line ««, PJV., » •'•* \u25a0» Krt *3 Pacific Coast 24 .Pr i SOU Wj W fgVi gj gS.rr> \u2666«» Baltimore & Ohio 92 Bl..1 "V» •' * ,- tJW +2i.i Pacific Mail • • !,L' ,'\u25a0« iSit' I*?U I'l 12US« -Batopilas Mining
** 3V» «** =JJft *?•25 -y, + 4 Pennsylvania Railroad 130 ft. 104 12".4 121J> l-l IZl»
I
L«M +W Prunswlr-k liilij 3ibiiS^Hiiifll111!
I if^SMiiiillili1 ?|s^^SiiI!•i1is|s :|«n^Hf f>iif>p #•"is - £ Chicago Great Western jfiss »\u25a0« fa ||
i« !Rock Inland pr' at
i 4m«;sft
! SP» 1. iU<» + H Chicago Great Western Wi ojs °H o^s BJi % 4,<00—
KocK is'ana ...... ffl r<^
M» -^'"Chjr.fgo. Mil. *St.Paul ctfs. j 124^4 124^. 124 It'll1| , 2.^5 -J, -St Louis &S- F&f
d Prrtfs naw
', a; 5]SJ
51.|i » i
LKW> .-j -Chicago. Mil. & St. Paul ctfs. 124 Vi l|«j 12i J|4% 124 Vi 125 Z.yo L&S F C &B.Lc«s n»w 51 51 51 151 52 *>
sj &sSss?gg&saz% a? »§:pS4 § |-- ga-^H^il js is s 1 1$iB\u25a0I S SaS.^Sf^SS'sK: 111| "|?;"Sifli«| IfSS'SS • Ir.°"".-::::::iISta«lii4,m +x; 'Chicago Union Traction stpd.,r^ 33a «tj 3^ m-^ 26-350 *,L^ isouthern So pr '. | IS% 122 12->V2I 1204 1» 1^3
I-;^ic oi:jssiit
>DDL
Tra t:.pi:.8:pd::111HI1I^^Bl;||1111iiisißliilliiiTwfnVtv Trans, t.. P...jP
...j 8 \u25a0 ::=. %' «*
Si kSri—,=1%iii|4f-jH gESf;ap": • :^::::s fl!«s :«'iff,125 ,1? Denver & Rio Grande pr 64% 64% fftHsSfS^ 65 =00 +P Un ?ed lwayP
Investment 22% 22% 22T, 22-, 22 23
I1 |i11pSi1Ipplli^111i
\u25a0I :1p^illIfllf11rm %MBWm|ftilli.10 Hockinc Valley pr S5 83 X 83 82 |5 j 2.^
_£oPper _ _ g ?,«*?,«*
~T J?,<Jm"ta^e t'"i
-157 lM 136U 13614 136 137 W «4 Vlrftaia-Carollna Chemical pr. Wi WH »% WH STVi 100
7^ ±^SSSftSsaS^^?%}S|m^^ffli^ |;^ VJjjU iron Coal A^Colce.,... b gj g |j
™' -1 Kansas City Ft. S. &M.pr....' W . >*. I i <?G '»» ! bSVgJJ 1_
; : I
t^+,l talon 'nrIt^"i-to1
232,663 shares, compared with 347.523con^red° r the corresponding day inI-™'-**«<*
._ «««- !To«l SiS. 'January 1 to\u25ba SfcW 14. inclusive. 62.760,176 shares, compared with 35.235.054 shares for the same period in 1907.•Unlisted, l': • ; - — -. — =—:
—== "BONDS—CURBSMiscellaneous Securities.
EDWARD Q. JOHNS,
Tele <Utp Kanoirr.
Dividend Notices.
UNION PACIFIC RAILROAD COMPANYA Quarterly Dividend of
*:.5O per share on tie Conunoo Work
•if this Company ha» this cay been declared, payable
at the Treasurer 1* office. 320 Broadway. New Tork.X. X— ivn July 1. lt»0»!. to ho"tiers of record at 8<.viocV P. M. on -v\>Jn«».jay. May 27. IJK>B
The common stock transfer books -«rtllbe closed at 3r rlorV P. M.on t\"e<ine«<lay. May 27, IPOS, and willb«reop*-rie<i at 30 A. M.on 'W><sne»d«y. Jur,« 17. 190S.
(=t «r«holders «ho have not already done so are re-«3o»*t*J tr> promptlj* fil" malHnir orders for dividends»-itli the unJersiajTscil, from •wtom blank orders can t»r.td on apr lir>r;
I-RKDKRir V. S. rROSBT. Treawrer.Ye« Tork, S. T. May IS. IMS
NATIONAL BISCUIT COMPANY£| st •-p'HE Bo»t4o« Direr tia»« *•-
PREFERRED Itli^rdthe lorty-Sr« rocseen
DIVIDEND js(( <jSil I*.,„„.
or the PT»f*.-red CapHal Stock oftie
Compttir, •*»!»>'»00 Mar S»ii.190?. to StockfciUen otr?«rt at tiedot» of bu»:ne»« Ml'Mk.«•. Tr«Li*r
book* willnot»« dote*. F. E. GBEE. Tteaaaret.
American Bank NoteCompany,
Broad and Beaver Streets, New York""•"*
INVESTORS READ
The Wall Straat JournalMINING.
_______^ -+
Shar-s 1 1 Open- IH!a*-.| Low-ILastV-.-d. i IIng. [ \u25a0* ( est. ! sa:^
\u25a0fjAlJ*. 13.")•
a."* js ™ . *2*l"i»>!Atlant* ........ I-\u25a0
' --' I -23 •-'4.- Best ft P*!r-h»r.. M M M
MM con cai fc Va |-• « .« JJ,;2SSSU-::::::::"' « i 5, S
r» GoWSaj 1 CBO, "-S i2 o2 "2
,S£iv».:::: :\u25a0 \u25a05 \u25a0 5 \u25a0BiX>iTellow Jack I ->- I \u25a0'- \u25a0'•» - '—»,
« 7nr> Total gales._^
BONDS._-___^
*"
j~
IOpen- iHlfrh-IX>rr- i l^-'tSale*. 1 Iin«. ) «3t. , WLJMI^"|;.(W rcmstoc* 4» \u25a0
\u25a0 I 2» ! ?> I 20 I 20^WHEAT.
'c.ie-"~
IOpea- !High- J Low- |It?* -•j*,h.- I 1 Ing, jest.j est. ( e*t. ) »»!»\u25a0_
mio Jolr optt»n •• I **> I I1"'--? ***» *^_.
OFFICE OF THE BAENET *PMTTH CAR COMPANT.lia.Tor, Ohio, May 12. l!>08.
A <S!viflertl of 2* has b»en <i«clarea upon th» Pref»rre4Stock or thin Compwir. payab:« Jane 1. 1806. Checks onN«w Y--.rV; «••;:! be irsa-iled.
TJw» tinrnjul mwtlns r.f ntocV*ioli!»T» •"rill b« Veld ntI>«jt<ra. Ohio. jur.e 2. IS** The Transfer Fnol<«. both.nf thf PT»f»rr»^s and Common Stock, '•illcje»« May IS.1$O«, and rrop»n Jun« \u25a0 If**
J. F. KIEFABER. Secretary and Treasurer.
\XW YORK CENTRAL *HUDSON' RIVERRAILROAD COMTAXY.
rMc<\u25a0)«•(\u25a0• of th*> Tr»asur»-r. Ne-w York. April 27*, 15*1$.A 41v1ri»-Ti4 or one and one-quarter r*r cent- on tM
capitaj etork of the ROME. WATERTOIVX AXI' OCr-I'ENf-BTTIO RAJLROAr» COMPANY »i"l be paid by th«>. Tork Central end Hudson River Railroad Company.i-«»R«. (under Hi* pTr>vl»ilr.ns of t>-e contract between th«•mo ooirr*n>s> at this ofSc« on »nd after May IMh. 190*.to iniUmllli i» of record at th« «-ioa« of business onApril MBb, U«OS.
TTrm-AP.r> I*. nOSSITER. Trea*-jrer.
AMMIICAKEXrKESS COMTANT.May 13th. l!»n«
*• a BBHBBBBj of t>.» Board of TMrectorp. held this cay.is <Jlvl<:*n<J of t-'- '*' Tl
**" »v» va*e was rieoiar»<i oui of thai"•rninjai of th* i~v»nixieaiy from its busin«-*s. r*j-aN« Julyl»t ifte«S to Rhar'fioMerii of record at the cic«e of bu*i-reirs. May IMb. HH
JAMEP F FARGO. Vi<>e-rre<«ldent ar-1 Tr«JU>urer.
. INDUSTRIAL.Shares I . Open.-! HWa-l Low- I T^a'tnoM. 1 Ilag. I est. [ <>- I tai*.
225 Am Tobacco I34-> I 355 I 3*l , BJS»,(ro,Bay Ptata Gas \u25a0
* t.. [ «-l« V-USO Houston Oil 7»? 7S; .S 7«»*.» Link Chain Belt.. ST $741 £7 ; .«.4
2<k"' Manhattan Sec . 134 1? 1 134 1 l-»l-l,Wo|Manhattan Transit 2S 2*' -.- gj
2O?i Panama Cement-. s^; ."il* S'* , 5*5 *Ps»|standanl OU | 605 . | 614 605 I 610
RAILROAD.
Share?! IOpen- > HtarH-i Iwx-i Last
\u25a0old. I I Ing. I as:. 1 -«t. 1 >a>.
2.«<To! Chicago Subway. 19 I 19S| 1» ,' I-»aVMa^IU Central righta.[; 44s*I 4> 2| \u2666*• 44
MINING.'
Scares! iOpen- ;HiKh-l Low-! I/i*tsold. I i In?. Iaa*. i e^t. i Male.
300 Alaska Mines Sec! "j; 41 ''\u25a0>', HI.Wt Atlanta Goldfield. | 21 : 2t j 21 i 21
BalsJvlala. 24 f 24 1% ISS<X» Birigham Cen Stan 7-t« 7 !Ci 7-16 T-M
I.ooo[tßlue Bell• • • j «
?^O; Boston Copper. . 124 124) 12 \ I*46"3 British Col Copper.
*'*\u25a0•
*** *ROO:tßullwhacker \u25a0 18 M 1* , 1"
4.500 Butts Coalition ...I 24 SMt 24»i[ 24300 Butt» &New York 14 1"i, 14| 14
SO.OHO|tCobalt Central ..! 2^-s 27 2-> 2«'aI.o>jO|Con Ariz SmelUna; 17 ; 1« j 17 1-
i^umberland-Ely M «V «4 *'4 s »I.lo<>(Davis-Italy Estate! 34 1 3l| 54 341.0-OitDlamondfleld ....I 17 | 1" | 17 1 172.510 Dcmini«n Copper. .1 14i I « \ U I*s 15-I*s
100;E1 Bavo iV 11* I**| l*Ino.Ely Central
'*1 •\u2666 *»1 *\u25a0*700;Ely Cons 2". ( 25 25
-1 •25
l.«00 Florence. R»»i3 11-lfi 3S 111-19SCO .Foster Cobalt .... %( \[ 11-16 11-13
6..V>0 tFurna.-* Cr'k Cop 15. i 1» 1 14 j 14100 Glroux Mining 3t, 34 34 34
4.000'tGold Bar 1 » I » I 8 *
«no Gold Hills 8-1* S 9-W »-l*6.100 Goldfleld Con 6% I •'• x* 5 11-16 Rll lii1*».+GoMfield Daisy ..,$1 25 $1 »i Jl 21 51 22l.OOOitG" field Gt B*nd-- 34 , 3* j S4 t 34B.ooo'Gr#«ne-Cananßa .. »'**, »'4 *» \u25a0 P'«
600 Green* Gold 11-16 11 !• 1 1-1« 11-1«'1.000 Greene. Gold-Silver 7 1«: T-!« '\u2666 7-16
WO do preferred ... : 14 I"a 14 IV8.500| tGr'water Cop Smj *. S4 7 7
•UK\u25ba'lndian Valley Con 3 j »4 3 34110 Mexican Exp AM,
"'* '3» 7*. 7*41.600 Miami Copper 4S; 45|4 5| 4., 4S2.900, Mlcmac Mines 4 | 44i 4 1 44
100 Mines Co of Am.. l*a t% 11»1 1» I II1*l.<">0O McKlnley-Dar'Bh . Vi 13-161 *4l 13-163..V.0 Monfy-Shoshon* . IS- l«: 18-l«j Ul« 13 Hl,l»!Jl'te:umaorcß.. % 13-1« \u25a0*) '»S.ooofNev Con Copper.. I 1241 1241 12 f 124I.3oo, Nevada Smelting... 1 17-161 1 »\u25a0=I1aV-l*| 1•»a.V>o|Nev Ttah M&S.( 44 I 44 I «4| 44
4">-> Nlpl»»iri< IWtnai I «4 1 7 I <? »j 71.120 North Butt*Exten 2 2 (j 14 28.400 Ohio Copper I 34 4 j B-, 4
50* OM Hundred Mn(.**
\ I \ \I.2C»"> F«nn Wj-omlng j 85 j 35 3i I 35
.".2>> Precious Metals... i \ \ M '42.ooo'tßed Hill j 23 ; 23
-21 I 21
Silver Queen $1 12 jsljsl 12 $1 M ;*1 •<*I.7oo; Superior & Pitta. 13*;! 1341 13« 134ZIOO Tonor.ah ExtensSonJ 1.%-16| 10 191 7» ,
MO Tonopah Mof K«v[7 15-16 IS 18 7l*[ TT»Tonopah Montana SI .V> $1 M «1 flfv [ft M
28.000 Tramps <"onsr»l 1 IS ; I* 1 t^ 1 M1.600 Tri-Bulllon , 1 » ''*
!T»! T» 1%30:Trinity Copper I 144 144I 14 j 14 k*
1.700 United Copper •>!» [ » 64 7Stunited Rico .....| 28 ; 2"
-2*5 2<i
Yukon Gold MinesI 44 4\ 4-. 4HBONDS.
THE ADAMS EXPRESS COMFANT.Treasurer's Office.
N«w York. May 13th. lJ>0»
Th» Transfer Biiki«C this Company willbe <loee»l{•on 8 o'clock T\ M.. May l*th. l»08. to the morTslsg\u25a0f Jar* is' BMM BASIL W*. ROWE. Treasurer.
Financial Meetings.nTTSBCHGIT. FORT WAYNE * CHICAGO
KAILWAT <"O.Pittsbursh. Pa. April an. 190S.
NOTICE.—
Th« Annual al««-TiT of th« Stock tr.43>>n<3hf>iaer» of 'v» Pittrtinrgh. Fort Wimi« *«-h1«-nsoPailwey Co. willbe held at th« oS3<-^ of the Crariny.
hi th« city of r!tt«btir«h. on W»<ln»-s<Jaj\ May -'0. sf»os.et 12 o'ci<v-k, for trie ri-rr"B* of electing five Dl-rectrr*. \u25a0aav in Ha» t>l«<'»t>1«<'» of a Hke number •w-hos«<«mi tip.ref Mthat. flay, and one to f.lla vacancy.
-T. B. rpHAM. llaiiiau
GOVERNMENT BONDS._____
The following »hew» ye^twrday'p closing quota-
tions for go- rrrvr:'•"bond?, conjpared with Wednes-day*:
—May13— -JUyl*-814. Afr».«*J. BIJ. A»k~1.
C f- 2a r»*:«t*r»-:. :&3r> ...inc.4 1"4 l^^i K>4C. X S* eaaaMMa. ISST« iifc** J<>4»4 IO3S, io4'-iB B la r«!rl»t«r»r3. 1I«J« INK IWVi K«>4 3"i "'»VPS* coupon. l-**> MMt 101 W Tir.«, 1014IJ <= Sp. BTna.'l bond* l™
—lrif
':-Si—
r f.4*. r»*1«-re<!. 192S 1194 12«)4 11»4 12«% iC. F 4* coupon. 1»96 1214
—1214
—Panama c»nal bm. r»r»tere<l..lo2 1«O . XC I<>B
TOPICS OF THE STREET.FOREIGN* TRADING —Foreign houses d?3lr !n
SO.OOO shares In the local market, buying onanre. In tendon consols were unehanseii anfi th«copper iMMaM utror.fj trader the lead of Kio Ttrt^-The Bank of 'Ena:!an.l mad* a good showing lagweekly return, but there was no charts^
'" ***minimum rate pf discount. Money m— «sy in *11
the foreijm capitals, except in Berlin, whore tw
Fttuatlon continned straln»d. -with Bttta pro.«pe.-t ofspeedy relief. It is believed the ftllllaii Rt*rt»-tank will maintain tta » per cent rata for severalweeks to come.
DIVIDEND? DECLARED-Dividends ha- -. b»?ideclared as follows: Quaker Oats t>nif«ii'- respi-
lar quarterly l'-i p»r cent and '-jof 1 p«»r ctnt <•*'•"*
on the common, payable July 13. and tft« r?e's-3r
quarterly 1'3 per cent on the preferred. rz-±k"*
May 30: American Colonial Bank of Porto '-:'''semi-annual 34 per cent, payable. May S5; Batter^Company H of 1per cent, ravab
-June 1: Lni.yi
Cigar Manufacturers" Company lean I'';<rt^;I* per cent, payable June 1. American Kxprr^regular (,ii&rter!y $". payabM Ju!v 1: Railway St»^Spring Company fl—lfquarterly l\ p«rJSW •?the preferred, payable J :r.* :\ Barn.^v A Smn«
Car Company resctilar quarterly 2 per cent on i-»
preferred, payable June 1.
RAILROAD EARNINGS—For th» flr.«t wwft i»
May twenty-one railroads report.'-: ero»? w«BBg 1show \u25a0 total Ioj»» from the same wek i»?*t y«af •».$1.4T!>.:41. or 21.4S per cenr. For th^ ftwrc> »*t*In April forty-two railroads show » tow w
**'per cent, and for the month fortv-flve' r^a'is »-•" •
a decrease of J10.535.315. or ISn-r c*«nt. Fr«rn J^r \u25a0
1 to March 31 ««venty-flv<» roads show *nir..-r«a.**
in gro.«!. of »ii.?::.>-•: and a decrease :.i r.Jt «$43.515,54(>.
NEW YORK AND RICHMOND GAS vOMFA.N^—The New York and Richmond Gas Cc>rT-a%^1iports for the year ended December 3T. 13<->':/I.\r.,earnings. $:5<>.003: operating expense? tnclua_rjtmaintenance, taxes and insiira J1>v-to.
earnings from operation. J3T.SO?; interest on wmu.$63,489; net profits, $34.31*.
NEW STOCK EXCHANGE MEMBER?-' 1 _^Tucker, of Tucker. Haves * Co. of Boston.
'"John M. Dtidley. of lloma:i!« & Cr. h^v? _elected members of »he New York StL« EacMa*"
UNITED STATKS -tTana- Tke \u25a0 Vr.ited' *™**;
Steel Corporation* furnaces in and around i-^' -
burs are producing about Mper cent **J*!*2££ireal capacity, a slight Increase compared ••"»
"precedinß month.
METAL EXCHANGE COMMITTEE f^VSjfE*—W. Parsons Dodd. of the Qulncy Mtniru. .»--
p.»ny. has been made a member of the .-oppe_ .s..
s.tation committee of the New York Metal Ex -••>*-» •
to Ml a vacancy, and Morton B. Smith haej^"appointed to the pin iron quotation committee-
Ft->R NEW* HAVANA CENTRAL 80.V05.-Aspecial meeting of the st.Kkholders of the f^TT*
orCentral Railroad Company has been •\u25a0*"'\u25a0 ',f,fJune IIla take artion upon * Proposed '*»«'
bonds to an amount not exceeding 13.?™1'' Ta»
interest rate, date 01 maturity and """Li.,r, to be determined by the directors. It »*J*
'tended to use the bonds as collateral for •»»»£\u25a0 jof not more than iStS.^O tfiree-y?ar « P«r «"
feterlirs nor '"'""s*»*i
ftft
FOREIGN" SECURITIES —British consols formor3*y. >*~\ p**r cent, for th* account, SS 7-15.French rentes. 56 francs 62!icentimes.
AMEEICAN SECURITIES ABROAD.I,cndon. M«y Hi *
I'- m.—
The market for Ameri-can ftecurltl*1? was Btevjac Last quotations follow:
UMiM N. Y. V T.close, eojutvaMrt. clo»e. Charge*.
Acacwida \u25a0• S4 42»» «14 -*-!-»
Atcb\*or. . *44 «-2U *2-
-4\u25a0 Vn»nl«n Pacific !•»% !.%&'* 160--'
—-»
8i j>»ul-
OS l'«:i 13.»4—
4Er> 2:4 -\u25a0'\u25a0•*. »'\u25a0* - *
CO itt pr»r 674 M-
364- —-
n-ir CVntraJ I*o l.V>:, JW -, -*»
lywilß * N«*h Ul W«% »'*\u25a0•»—
«*X T Oatral Mi 1-54 I** —
8Potineylvanla «:*i »•> '-",'
—,«
rriaiii**** »\u2666"•' 1:* • - •
nun iFt Padflc . «•». »•• *«*» + '»5-doa Pacl-c IV>^ 142. 142>. 4- ST- c p.«-l &*+ tii a:4
-:i:i
do pref 104H 101 io:sFOREIGN" MONET MARKET —CaII money in
Tjundnn H611* per Saab or*n market discount ra?»Icr ebort bills. ':Ci'-^» per cent; lor.s billc. 2^24 perBaaM Berlin <S;»couiit rat». Z'% p*r cent. Paris dis-count rate. 2 3-l«> per r*nt. Paris •.xchanije; onLondon. 25 francs Uii OCaKfaaM. Bar gold. 77f.)<iiA Berlin <sKchanirf on London. M mark* 41
•< \u25a0
nifn.
Shar*«| i Op«n-I H'^h-j Low-II>a^tsold- I I Ing. I est. [ eat. ! ul*.
I.ooo' new «s. notes! P«'-»l J>«'-» : PS4! BS410.000] Inte.rnat'1 Salt 5s | 53 ] M } M ] 5.1
fPell» cect» per shar*. • »
CONSOLIDATED EXCHANGE SALES.1
STOCKS.1 wShare* J IOpen- IHigh- i Low- ILast
%
\u25a0old. [ i ing. I cat. ( ••(. Itale.
t4.BSo;Amai Copper 661*j 6*H 66 1*!1*! 6*H30iAJH»-Chalmeri» ... » | »'t » 1 {>'*
740; Am Car A Fdry-. 37"* .•?«', 31% 83%230 Am Beet Sugar... 214 21*4 21 21**110 Am Cotton Oil J sis! 31% 314 314MO Am Ice \u25a0 \u25a0 T 24:* 2rtN j 24 *-» £rtS850 Am Locomotive .. M M1* M>*« HI
16.040 lAm Smelting f 7t>4 77** 7>% ;« 77S1.450 Am Sufir I 1201* 131 ! 125\» ISO1*2.260 Anaconda Copper. 42 I 45 I 42 452.SSO At Top a 8 r
—sa 534 *2 M4
IPO Bait & Ohio »2 I*2 »1•» PIU7.350 Brooklyn RT \u25a0•% Mi .v>^. 61
270! Can Paclfl.-: lrtOS l«04 1304 I«.>600 Ch»s & Ohio 4.V, 44, 43'» 4-->H80 Chic Gt Wf« j 64 64 .%--4 51.,
«.44O[Chic Mil&8t P.. 133 4 133% 133 \u25a0 13442.380 Or>l Fii«l 4 Iron . ( »•»] 234 294 2»4
2O|Cbl Southern .... Wai 324 324 3-!320 do pref j M j 61 M | M
1.470 Disr Securities .. '"6 ( ?•>•.* 3.54 BJ%
310 Erie 204 >»% 2<>4 _•«»,IVt do Ist pref .. .1 tt%\ 3«V» .?•$ | 3«4
2.150 Ot Northern pref. 1314 1.124'
131«» ns%«yH>,inter-Met'
114 12-« 114 114730! do pref I 314 .•>-•\u25a0- 314 3t440, Inter Paper j 104 l"S 1" » 104SO Louis * Nash
—1004 110 I 1031, i,>(m
270|Mex!c»n Central.. I IH I7S in i*t^420;M0 Kan & Tex... I 294 294 2*> | 2t>l.oiojim Pacific ....... M\, 51% M»% 311;«V» Nat L»a<l ta 7» iM»« «34 <»3H870: N V Central . 1054 l<«s*« l'r."^. l-<*3V>JX X Ont & West. «1 ; 42><, 40s 41%
•.MOjNar Pacific ....*.. 1384 137*i130% 137440[Norf st West 7;. 714 714 714
520 Pacific Mall'
28% 1 3.V4 2^4 29S1.340 PenniiyIvanla I 12«>S! 1214 1204 1214
20 (Pe.rvple's (1a« ... | J>24 92% M 492%• 330 Pre«!e.<l St»iAl Car. 204 304 2'>- 294SOIRjr Steel Spring*.'
S7'
37 i .•»\u25a0** 3&%63<MOR»adlng 1144 117 14% 117«10 Republic Pteel ... IS4 \u25a0.•..-, I*4 1!»4410: do pref ..... | -'» 71t, K>
-;m,
4-jo Rack Imland ... . l*% r>'-/ l!> lt»450 do pref *> I 4'> 3<» 304
2.420 <>r«,thern Pacific. i MH 07; Mi ««\I.o'OiSouthern Rv • H4 I*4 Is I^410! do pref M I 44 4ti 4tt
Texa» & Pacific. 23'
2TI I 22'? •>>»»\u2666A Inlnn Pactne .... 1424" I 1434 1424 : 14300 !• s Rubber . 2541 254 25 I \u25a01K.910' IT S P»eel 37S 3^4 374 i
-334520 do pref li>2
'1P24 102 i.i-
70;W»barh 12 1241 12 12M do F,r.f 23., ass 234! 23S
ItlPH Total \u25a0 1
'
Total Dealings Heavier than on 'Any
Preceding \Day This Year
Low Priced Issues Active—Money Easy.
Stock market values enjoyed further substan-
tial improvement in yesterday's trading, the up-
ward movement being helped by aggressive sup-
port from the Union Pacific interests and buy-
Ingby belated shorts who apparently were thor-oughly discouraged over th« outlook for declin-ing prices. In addition to active buying of
the issues which have been the leading favoritesin the; last few -weeks ther* -was a good deman.lfor recently .inactive shares, including some of
th» low priced securities in the railroad liftanda number of industrial stock?, purchases of th»
latter indicating tc many minds increased con-
fidence among Wall Street houses In a speedy
termination of industrial depression. AmericanSugar Refining, which ranks as one of the stand-ard Industrial investments;' the Copper stocks,
American Smeltingr. Republic Iron and Steel and
United States Steel w»»re active, strong: featuresthat attracted attention, particularly as th3character of trading suggested that a part of th«buying was for something more than a mere
turn in the market. The, Harriman. Hill andReading: Issues again were leaders, but on theiradvance distributive selling was reported, which,
however, failed to maks noteworthy impression
on prices, buying by the shorts and inside sup-port offsetting liquidating operations. Generaltrading was heavier than on any preceding day
this year, while transactions covered a larger
number of securities than. had been recorded inmany week?, though of the total dealings of morethan 1,200,000 shares the usual speculative stockslike Union Pacific, Southern Pacific, Reading.
Great Northern, Northern Pacific, United StatesSt«»el and Amalgamated Copper supplied momthan one-half. The movements in New YorkCentral and Pennsylvania failed to bear out thegenerous bull tips that have been going therounds in the last week. Sporadic efforts wei«
made In the day by certain traders to bring
about lower quotation?, but such attempts gen-erally led to financial losses. Bonds also weraactive and strong.
The nuccessful financing of th<» needs of sev-eral railroads In the current week and the ex-pectation that th« movement will extendthroughout the railway world are factors thatencourage confidence, in the future of the trans-portation business, while they suggest that th«igreat railway and banking powers of the coun-try believe business activity willbe resumed ona large scale at no distant period. "With confi-dence growing in th« belief of better times, cur-rent adverse railroad earning?, poor bank clear-ings and generally unsettled trade conditionsfail to worry Wall Street's banking element,
but it i* not improbable traders will endeavorto use these matters as arguments for lowerprices Just a,s Foon Bfl the current bull cam-paign runs its course. Experienced operatorsdo not venture predictions regarding: the prob-able duration of the present upward movement, jbut they do not hesitate, toadvise caution becauseof the. extensive bull account existing in th*market and the wholly manipulative characterof the advance. The market is moving underthe influence of operations by powerful financialinterests who are extremely desirous of creatingan active public demand for new securities flo-tations and who also are desirous of increasingbank accounts that were seriously depleted last.October, but evr-n with such » strong hacking
'the advance will not continue indefinitely, whileifrom now on sharp reactions must be looked for.
'
The majority of traders at the moment, are fol-lowing the lead of the Harriman and other |financial interests, and In view of the enormous I
credit facilities behind the bull campaign any iother course would appear suicidal.
Though th« local banks have lost more than'
J5.000,000 on their operations with the Sub- ;Treasury in th« current week, money rates pho'v !no change and monetary conditions indicate no!important development in the. course of loan iquotations for weeks to com". Money is "asy in Imost parts of the world. Germany being th« !chW exception There seems to be no chance j
of material improvement in the German situa- ]tion in The near future; and the fact that th*.Bank of England maintains its discount rate at
Ip«r cent in the face of the heavi*** proportion
SECURITIES MOVE UP.
FINANCIAL AFFAIRSof reserve to liability in the last decade, -withtho exception of one year, reflects the Berlinposition and not conditions in the British cap-ital. Germany will no doubt get most of the,
gold now being sent from New York to Paris,
and no objection can be made on this side of thewater to these shipments if they serve to re-
store the financial equilibrium at the Germancapital. The most encouraging feature of theforeign situation is the Improvement in Britishconsols, which in the last few days have rallieda fullpoint, the movement being helped by theimprovement in the position of affairs in India.Though no additional gold engagements were
made yesterday, negotiations for further ship-
ments were reported, nearly every large bankingInterest figuring with its foreign correspondents
on the question of exports of the metal.
BOND MARKET SALES.2<*w> Japanese 4^? - . 87U 46000 Max Cent Con 4«. 8.3%XGOO do 87 122000 do S3 T»aOfO do 23 SiJTt; 13<5<v>o do *4•5,,u, do 86% 20000 do Ctfs s-v,
lorn*) Rep of Cuba 55. .102^ 1%"00 &-> £3;»10000 Va 6s TjftiCtf*. 43 |2K>OO do 83*22"«vi >• T C 4'-.s I£©7-1O8»4 28000 An 8-1JSOi do Ctfs! 10%--3;lOOno do l*t Inc 1763000 do 10S%| 2000 do . Wi.
3000 do 1917 Ctf»...lo4Vi. 10000 do » tf? 17UHVifiONTS 4s Ctfs... lO9=> \u25a0 IVXK> do l>\7O.)O Adams. Ex 46.... «S.i 10000 dr. 192fiOO Am i™ Bee 6?.. 67'« ;&000 d \u25a0\u25a0> 21 Tnc I<^4I,'iOH do 60000 d. la>10C> do 6» IST"! do if>-%. 6000 Am Tobacco .106 10000 00 l«:i1000 do 103V2COOa d-% 1*
12000 do 11152*1 IWmiO do Ctfs 1»»BOM do 45..- 72 10000 do 1«44000 do 71\ll00f«) do !<>%.5000 do •• 72 1,! 6000 Jl(. KATIn 4». 99
24000 do '.'.. • '2 io<v» do 2d 82 I.*1.*lO:-0 A T
* 8 F AdJ 1000 do S2*i4s Btpd 87 1000 dr. St t, DlvSt. 801
loro do G*n 4s m 10000 do B F 4\i* SO*,1000 do fiSHi34000 do 80Vi6fV<> do B«Vi lOOi) do -.• 808000 do >I10000 do 801-i8000 do 0«m 24000 do
-80S
6C-000 do -• .99 j Wi<:<o do 80%5000 'dJ Convt ... 1>24 ( 41f<fK> do SO1
5000 do »2H, 5000 do SO413000 do 02^1 20000 Mo Pac 4s 70S11000 do Convt 55...102'>! 1 15000 do 70\
6"00 do IC2H lf>oo do 70Sl.^x> do 102^ 61000 do 70»,
17000 At Cosft 45.... 90 17000 Nof MIst Con 4s SO',10fX> B A O Gold 4».. f»« 1000 NYCDeb 1»34. . J>2^. inooo do*. 98% 6000 do Gen Shs t>o
' Miixt do 9S*»I 1000. do L.3 Col 3!-is. &>I 2000 do fI&H 1000 do &*"I.' 130iVj do Pint SH» \u25a0
• SSVj 2000 do *»*)1 20000 Bkln Rap Tr 4s. 73 *! 6000 NYNH& HDeb
52000 do 73«« 6b 126_I: 25P000 do .. •• 7S^l fiOOO do ...12rt>*
1O1M) Bkln Vn El IFt..KK)Vi 1000 do IMVa2COil Cof Ga Con 55.104 14f»'O do :..128
10000 do MInc 4R j9SOOO do ctfs Ist rd .123%s<»hi Cent Leather ss. 94^; 2000 N V O & W KefMOO do ft"1*: 4s ••VT.6<«V) do »SV» 10000 Nnrf & W Con 4s. »5
18000 do . .... a". 1000 do &4Sf«X» Cof N J Gen 6a. 124 0000 do Convt 4j....&5H1000 do 520F.124 2000 do 854<XiO Cent Par Gtd 4s. 96 11000 do 85%4<)00 Chea & Ohio Gen 7000 Nor Pac Gen 35.. 71%
41,8 c.IOOVi 4000 do 71S I1000 Chic A Alt 3^B. «5 1000 do 71S
16000 C B4Q Jt 45.. 86H 4000 do Prior 45 1011,.VlX> do 67-*I20000 Or» Bh L. aid Refir«io do 88"? 4« *20F. i>l
240/ do e6"i1 1000 do ei'-^2Tif<t do 111 Div .10f>S :26000 do f>l*.SOX) do 100% 1 POOO Perm Convt 31i».. 95
17000 do ytl^i3000 do W'i73000 do SH» >?» 26000 do 94^
IWK> do Neb Ext 4«.101 50000 do 8H« 1P16.... 83ino«v) do 101H 22000 do 831*
2f»"'O CM A» P Gen 33000 do 93'»SVjs B S» 1000 do Gtd 41%0 105
10"0 do C& PTV 6s.HO 4000 do . 10.V*10M do Terra 5s 106 lono do 105H4000 CR I& P Gen 80000 do Con 4s Ctfs
«\u25a0 8. 89 WI 101»jiono do Ref 4!> 87% 5,.000 do lOli,
I'iOOI) do RR 4B <Vi\i80000 do-
..101»»5000 do 69 j 13OfiO Reading Gen 45..OS
?'h<KO do .: 68'» 50"0 do »B\i1000 do OSS 1 2000 5: LIlit A SoSO") do 6SVj Gen 6s .1084000 do Cl Tr 65... 74U 10f>0 do Ref 4s . ... 7i»4
aiOiiO do 74U!24000 St LiR F Ref 43 73"i20000 do 74<* 11000 do 74
.1000 <lo 74*s!13000 do 73S24000 do 744» 61000 do TB%
fWVV) flr. 75 5000 do 731000 Col A So Ist 4s. 80\ 1000 do Gen 6* 107
67000 do Ref A Ext 2000 St L Swn Ist 45.. &Si4Vj3 fOi; 2000 do Con 4! ... «7«4I<W> do 80^ 22000 S AA A P 4s. .. 84
43000 do BOi* 1001 So pac Ist Re? 4» 8M31000 do 80 1000 do 92>4 j10110 do 73"» 4000 do 92V* !
3000 do 70S 1000 South Ry Ist 55..1021* !4000i> Ccl Ind 6k .60 6000 do 1023*3.1000 do 69*» 5o»;i0 Tex *Pao Ut 6b.11l
WOO Col Mid Is: 45.. «1 10000 do 111^J)000 Con Gas Deb 6s 124 5000 Union Pac Ist 45.100SOOO Dlst Sec Cor ss .72^
'10000 do 101 \u25a0
lOf^tO do \u25a0• 72H 1000 do 101H
1000 Erl«. I.' Con 4? 57 344000 do Ccnvt 4s .. IV> I1000 do Convt 4s A. 57 I211O0Q do 904 :2000 do •
\u25a0 &74 13000 do . 901* :2u<Xift do B 6.1 ) 5000 Un Ry of 9 F 4». 7153000 Gen El Deb ss. 120 j11000 do » 71U
'KiOO do 120\i &000 do 71S I
10T»00 Gr Bay r>*b F.I! 2000 do 70S ;]f>oo 111 c*nr 4s 1851.102 I8000 do 711,
'24000 Int RT N Ctfs.lOOS '
100i» do 72 Isf«'»v» Int-Met 44^- 674 16000 Vp R A Imp ss. 7«SSOOO do \u25a0\u25a0\u25a0\u25a0\u25a0 6*\;117000 X' S Steel SF«i PftU j137000 do 67 7 88000 do JV^iJ7000 do 01 Mid do R»i O<W,
14!>Of<» do 67^ 2.'.00 do M\u25a0MOO do \u25a0 *!** 6000 va Ie a c *»... BK4 i620<v> do «7>-j 60r»'» Wabash 2d 6# . 831000 Int Nay 6a S2 ; 9000 d , . 824
'8000 tnt rap»r 5» M 'inor«> do Ret*. Ext 4b 53T»3000 do ... 80% 11000 do M100<i Io«a
'"nt Ref 4s 75««i ; 2«>f--. Wan Pitts T let.. 4*4
8004 d.. 76 6000 d« 4S :
10000 KCFSA M4s 74'
2000 do . 4«4 !6000 KCoEI 4s Btpd £lsi 6000 do M 11 ,'
UKiofi Laclia f-te«-l 5s . BO 1 5000 do 10"i i23000 1, c 4 »l ?n 4s ' 1000 West ?hore 4» 101%1031 MH 1O.1i! do 1112
MOO do MSI 1O"O do R»k 161TOM do . CV \u25a0"\u25a0'"v) do .... ion \u25a0 i
154)0 :\u25a0• m MOO TV >-p F * r F . H.2000 do 84* R«(f. . <-••- .-,i«<« \u25a0 de ; S3mm I,vof s V t»td ! if"" •:. r- ' -
I**44* .....1041* 10006 do c , vt 4s A 76
10000 !. 4 .V Cl Tr 4*. B3^ ii««». .... \u25a0• 754 i. 4<w> do Unified <• «! 1 1880 TVI« Cent O«n 4i 83 ]-Total sales of'bonla, f4,4.".«,<KV). :
'~."-?/*,•:,
GOLD PREMIUM.—In Madrid. 14 65: Lisbon, 13.MEXICAN EXCHANGE—Mexican exchange on
New York is quoted at 2.02c.GOVERNMENT RECEIPTS.— Cusioms receipts
r»pnrt»d from War hmsnon, $1,131,444; Internal re-. .enue receipts. $610,777: miscellaneous receipts5166.253. Receipts for the day. ?1.80f».7ri7. expendi-tures, $2.150,00 P. Hecelpts for the month to date,$19,896,578; <ncpaßdlturea, 134,829,000; excess of ex-penditures. $4.1*23.527. Rec^ipta for the year todate, $523,605,670; exp-ndnur*?. t550,175,713; excessof *xpenditur«s, $.=>«".»"«. 142.
TREASURY —The Treasury was debt-or, to the Clearing House $2,151,751.
:,::.:. MONEY AND EXCHANGE.MONET MARKET.—Money on call opened at I*4
ppr cent; highest. 2 per cent: lowest, 1% per cent;
closing. lVi@l^4 per cent; la*t loan, 1% per cent;
ruling rate, l^i per cent. Time money rates -werfl
marked ** per cent lower for the five and sixmonths and over the year periods. A moderatebusiness was don«. Kates, 2^ per cent for sixty
days. 2%i@3 per cent for ninety days. 2@3Vi percut for four months. SVi per cent for fly© and sixmonths and 4"^ per cent for over the year. Mercan-tile paper was not Issued heavily, needs of themerchants being: lessened by dull trade. Therewas rapid absorption of such high grade materialas came Into the market. Rates. 4@5 per cent forsixty to ninety days'" Indorsed bills receivable- andchoice single names, 414.'a5 per cent for four to
•lx months' indorsed bills receivable and choicenames and 6*4 per cent for others.
FOREIGN EXCHANGE.—
The foreign exchangemarket opened steady, with rates virtually un-changed at [email protected] for cables, 4.8715 bid andasked for demand sterling and 4.8515(5 4. forsixty-day bills. Short francs were 5.15H less 1-54,and short reichsmarks 95 7-16. The market be-came easier around midday, sterling rates showinga decline of s@lo points from the morning's toplevel. Cables were quoted at 4.8730^4.8735, de-mand sterling at [email protected] and sixty-day billsat 4.8505@4-8515. Short francs held around 5.15%,less 1-64, and short reichsmarks 95 7-16. Billswere in somewhat better supply and the demand forremittance was materially lessened by the largegold export*. Sterling rates became a shadesteadier In the last hour of husiness, closing [email protected] for cables. 4.8710<f? 4.5715 for demandsterling and 4.851004.8520 for sixty-day bills.
Bankers' posted rates were as follows:Sixtyday*. Demand.
St.pitnK 4.S.M* 4 «SGermany. relch»mark» M7%M 7% SSHParis, franca -" —.... H-lih, b14*»Belgium, france fi.2OS 6 IH'»Switzerland, franc* 6.lf>*» 6 HitHolland, guilders 40V» 40%
DOMESTIC EXCHANGE.— Boston, 10c discount;Chicago. 30c premium; St. Louis, 50c discount; RunFrancisco, sight 2'jc premium, telegraph Be pre-mium: New Orleans, commercial "So discount, bank$1. premium; Cincinnati. 10c premium, Savannah,buying 3-15 c discount, selling par.
BANK CLEARINGS.— New York. exchanges$253,537,04", balances ?11.95t>,40<5; Chicago, ox-changes $39,722,292, balances $2,453,630: Philadel-phia, exchanges $2;,1&0,7i)f>, balances $1,872,650.
SILVER MARKET -Bar Oliver. 52Sc Mexicancllver dollars. 47c. Bar sliver In London closed at24\;d: advance, •*<!.
\u25a0 ' INACTIVE STOCKS.The. following were the last actual pales and the
closing quotations for stocks In which there wereno transactions yesterday on the New York StockExchange:
Last Closing. | lJ"it Closing.«aie. BM.Ask*l.j Mle
-Bid.Asked.
Am AC pf. 85 Mi « XIof. C of. 65— *•>
•Am B S pf-78 75 78 Lac GM....9014—
U»>Am C0a1... 120 100 150 do prof. 90 M 00Am Diet T. 30
—39 ILake Shore. 3o«> 275
—Am Exp 190 185 200 |Long Island. 3* 3S «Am H&L. \u25a0* 3"4 4 Marine » » \u25a0 .»
do pref... 20 20 20>4 Man Beach.. 2%, 3 ..«•Am Lpf-.103 102% 103Vs Md Coal pf. PO SB
—•Am Snuff. 180 »V> -M 6t Ry..29 2. 30
•do pref.. 92 »•) 100 Mich Cent...—
US 1!«
Am T&C. 54 <V> 7.» Nash & Ch..JM 110 12>»Ann Arbor.
—2<> SO »X Bla pf.-UMi115% MJ
do pref...-
7') 80 NB *S pf. 77 .o *0
B& O pf. (MH *1 Sl> NRof Mpf *<%.—
«9
Bkln U a .110 1.->S 120 do 2d pf.. IT—-
'«BR & P..SO 75 105 New C Coal. 35 SO
do pref... P^ *3 HO NTC&SL IpflO2 95 102Buff &8pf 64«4
—65 N 1I»ck.. 28 =«. —
Can So ... 6S-, «2V4 «3*i do rref. \u25a0\u25a0"4 B«
—"C&S A T!IO4H 100 110 NT TL&W
—IIS 125
Chic &Apf 55Hi 68 '30 NT4NJT.IM 1?« »MCftE Ipf 115
—150 N& W pf.. SO TO SO
C. B &-Q..22S ISO 240 Par C Ist pf 71 *> 1™CnWpJAli;IT 20 P«o*E...-l» '9 *»
do deb... 45 4. .i4 50 Pitts Coal pf 41 4014 43<CI&L,pf
—\u2666> »O P Stl Car pf 84% 85 87
C&•Nw pf 204 203 210 Quicksilver . '•» '-» »C StPM*O.I3I 13Ui 134 do pr-f .- li 1
• •
do pref... ls* ISO 1«O R R Nr.... *«—
*4-»Chic Tr.. IK 3 10 «Rv Stl Spf » 84 P2
do pr«f... H 10 25 Read Ist pf. «*\u25a0 *2^ «MlCCC&StL pf 85% M 100 RW & 0...1H'* 114 11H\u25a0 lev*. 4- P.l6i» 16*4
-Rut RCo pf »«4 254 *>
CF*Ipf 50 40 BO St .! 4O I.IS., 15 2<»
Con Coal .W4 so m do Ist pf.- «1 42 451> L& 540 630 645 SIA?FI«t pf 57 55 BO
Pet i:P. R. R2Vi 35 42 do C&ElcfslOO 120E& T H-. 8» 60 80 0.0 ctf» pf
-- —130
do pref... S3 80 100 &-S &Ipf92 P2—
F'd M&S90 70 fO T&PL T. 60 5* «4•Fed Suk pf M M GO* »U BftPpf 5? n £«'-,Gen Ch Co. 59 60 65 D Cl« M pf. M 85 M
do pref... *» M 100 UB Express 80 70 £>Granby'M.. 92 PI «5 »U S Leath. 13 3 12•O N subs. 126 125!4 ISO »do pref... 101 i>4 »5 |Ilav El Ry. 23 22
—Vandalla R. 85
—Ml
do pref... 71% 71*4 ™Ti'Vulcan Del. 3 SSi 5H i
iriK R Co.. MS 5"—
«do pref... 28 28 PI
do pref?:.-S4'i 85—
Well^F Ex.280 BSO 800
•In? Power. «.% 22 »>> TV Mf Ist pf 67 R3 «S
Kan &M. 41 5'S 42 W& T. E... S<; S 8HKeo &DM B'i 5 8
•rnli!>ted. • *-''**
NEW-YORK DAILY TRIBUNE, FRIDAY, MAY 15. 1908.
Chartered 1822 ,
The Farmers' Loan and Trust Company,Nos. 16, 18, 20 & 22 William Street
Branch Office, 475 Fifth Avenue,New York.
LONDON: \u0084- . PASIS:
13 Bishopogate St. WitMn. 41 Bonlerard HHismm,
Bills of Exchange, Cheques and Gable Transfers.Travelers' Letters of Credit
Payable Throughout the World
10