The Wall Street Journal from New York, New York • Page 1

INVESTTRIUNTS Cllcago, Peoria St Louis 4s. River 6s. tnlutli Transfer 61 J.IISMAM CO. .30 Bread St tlclMln rnmmmit Nan BaUroal Securittea. Stock Ax.

TaLataVO Broad. Price. McCormlcK Co. Member, Hew York Roek Exjaanja, TO BROADWAY CoL A Koct Coal iron Issues. Cupp'esSti.

ft Warih'te bonds. Ktryland Tr. 8 1. Louis Rys.ctfs. iamo txrum.

iim.uTIMk Hani a. t. nooK nnuoi. nmau uw. Mraouit TALBOT J.

TAYLOR CO. BANKERS A IROEEBS, BROAD BTRBBT, NEW TORE. Branch Ofltoc United Suu. HoteLSaretote Cuetomeit department Inehanreof KowABob.Joiita, QawatDotrgieajMkO). Rudolph Co.

BANKERS, HAMAD tTM rTBW TOM. Municipal Bonds Aim tiKairAi.i.in va rCHB IKTBHtVMlURliro IK B8TBBNt, f6B BAVItGI TRUST FUNM ARB fall' vatk in koto its, wam pob MAX aMwaa.atAaak aeMlliaM. alBB. ESTABLISHED IN 1865. lUIimbaMCo.

BANKERS rrt6oa)eri INVESTMENT SECURITIES. 71 Broadway. NEW TORK to Tearrf W.iiao.eBri tit Mm NEW YORK 8TQCK EXCHANQL kUmtt. J.kjmbeu. Investment Securities.

ttoacai I luapeaod Watt la im. fr alinil I1111IW Letaeiaof Unu, Brow Brothers Co BANKERS, 9 Wall Et HANDBOOK of Railroad Statistics. We are offering the public our new compilation of railroad earnings, expenses, dividends, for 35 cent each. You will find them invaluable. J.

P. WINTRINQHAM, 36 PINE STREET, NEW YORK. Banker and FRED. NO. 8 UKOAD KKW VOBK.

stocks and Bonds. Herein AroaaM eltelt4. CTTIUUatT ALLOWED ON BAItAXCKl Market Utter and Uook of Mail my btattatio. on appiloaUoa. CorreepoaO scaairtted.

Maeebiieoed 1MB. Alt Cl.awi of liouaiod IMourlUaa tad Tractloe Stoeaa Houffct and Bold, i BankandTrustCo. STOCK5; BOUGHT 4MB WW. CUNTON GILBERT wall tkbkt E. 8.

Hatcu. Tnxonoaa Cox. HATCH COX, BANKERS, Mem ben New Tork 8 took Exohangs, Empire Building, 71 BROADWAY. Telephone, CortlandC OET A SAVINQ5 BANK POLICY IN BFCAISE IT 13 'CaasfAnr rear you need It: and mar. anteee INCOME AND PBOTEVTION to rourectf.

If Urtoa, or to your family at your death. JliuetraUoo will be lent yon on receipt TO bora on of BAMS. ADDHES8 WALTEat T. DARIBL, Oeaerat Actai. Boon aVel BROAD WAT, If.

IT. Pal Feller kelim $41, OOO.OOO, Montezuma ttli Kining Go. BB RROADWAT, NEW TOBK. Parti, buriac oar etook an ev.rABtari kfaiMtloMbyoaaor U. eMeet and boat leaking a rlltatiooe la tke Called SUtae, wlU eeecU of nearly ftUROUOL Wo bare an ileal aroperUaa aod court iareeU attoa.

WTBIOI nOSPKTVt AI OWC1, WALL REVIEW AND OUTLbOK. The stock market gave clear evidence apiin ypsterday that tronp; interests are at work moulding Speculation. For some time past these same interesthave bpen. occupied quietly and unobtrusiyely In maturing plana for the development of speculation and the fostering industrial combinations and trade. It was inevitable that or later theae same forces should appear more in the open and on the surface, and that their appearance would be followed by an agitation of prices, which would at the same time Invite pnblic speculation and Interest.

'The time seems to have arrived when the pnblic is being treated to an attractive display of movements in prices which mean 'much profit to those who invest their money, and great; losses to those who work against the movements. There Is no doubt thot the bull forces have been wonderfully helped by the condition of business throughout the country, which In turn is more or less the direct outcome of a favorable crop sit uation. Besides, it is a natural bull period, and experienced operators who have lived through the vicbsltudes of the trying markets of the past ten years have been quick to grasp the present favorable aspect of things and to work with the natural trend of events, thereby shaping in a measure much of the speculation in certain group of securities The direct profits as the result of this aggressiveness hnve been large, thereby creating for those vvho have taken an advanced position a prestige and a following which with the progress of the bull market must prove of immense advantage to them. The point Just now is to get close to the inside of ccrtaiu movements in individual stocks or group of stocks. To this end it is well to learn the individuallty of those who fashion and control the speculative movements in these stocks, or at any rate be near enough to them to gain some idea of the contemplated movement and the extent of it.

While it Is true that a readjiwtment of values is taking place by which one stock or group of stocks is moving to a higher or a lower level according to intrinsic value, it is also true that stocks in some, and perhaps in many, instances are moving according to the impetus given by one or more operators, who because of their, own faith in security are endeavoring to establish a value for It beyond the safety of those stocks which rest upon a wide public demand and recognized merit. It is certainly true, however, that in the end intrinsic merit will establish the level of prices for a security, and however fascinating the movement of a stock may 1m under present active inside manipulation, those who are experienced iu stock market movements should be wary until they have gained nu adequate idea of the standing of the stock under careful expert scrutiny. Sometimes the very character of the men who are buying a security may be good enough for speculative purposes, but ad mittfdly not entirely sufficient for investment purjKwes. There are standards nion which one can confidently approximate the value of a railroad gtocc and bond. There is getting to be an approximate standard upon which to gauge the value of an industrial stock.

fiome no doubt will give thesj matters study enough to invest and speculate intelligently, but it is safe to say that in th? present market there will develop a wildness and eagerness iu speculation which will make the stock market for awhile anybody's market, where he who knows the least about a security will be perhaps the greatest gainer, while those who know the most, while not losing, may nevertheless not make much money from the advance. Prices are at a point where there is heavy liquidation by peo pie who have held stocks for many years. There is fresh buying every day by people who have perhaps not bought stocks before in their life time. A conservative aggressiveness is therefore the quality needed in the present market. PRESIDENT HILL'S STATEMENT, rresident Ilill, of Great Xortheru, who is in the city this week, says: "We will have a fair average crop.

I think that Great Northern and Northern Pacific between them have lost about 10, 000,000 bushels as compared with last year. The damage from various causeatto far has been a little more than usual. On the whole, however, I regard the crop situation about as 1 regarded it when I was in New York the last time. In some sections the quality of the crop is poor, and altogether it is considered spotted. The crop is out of danger; in fact ic is nearly all harvested.

"The talk about car famine is foolish. We could haul our whole crop in seven round trips. The Northwestern could possibly haul its crop in four round tri. The great demand of general business on equipment is not going to cause us any great inconvenience in moving the grain. We have a lot of new equipment, and buy only the largest box cars.

We have 1G.000 or large box cars, and we will haul the crop all right. The crop is becoming every year relatively less of a consideration to the railroads on account of the rapidly growing volume of general traftlc. As the country becomes more thickly settled, this will be still more the case. "Our general business is enormous. It is mncb greater than we have ever had before.

Our mineral business is developing especially fast. We always had faith in our new Fosston line, and it has justified our faith by immediately taking front rank. That line carries westbound coal, lumber and merchandise." Mr. Hill wae asjeed regarding the report in the Iron Age that he was about to put on a trans Pacific fleet, and he replied: "I have expressed my views on this matter pretty freely and frequently; there is nothing to add." Mr. Hill stated that a factor that will exercise a conspicuous influence in the immediate future of the western country is the large immigration which has been encouraged.

Mr. Hill has right along declined to discuss the Clearwater embroglio, but now that a baste for final settlement has been reached, he vouchsafes this brief comment: "I always thought it was a good deal of a tempest in a teapot." Mr. Hill soke very highly of Thomas F. Woodlock's new book published by Dow, Jones "Ton Mile Cost." He said he had ordered a copy of for every superintendent on the system. "I consider it a text book for railroad men." he said.

THE TRACTION Rapid Transit and'MetroiMvlitan are suffering from the published statement in the former case and from tire quarterly statement expected in the case of 3Ietropolitan soon to be made. Both these statements are diappoiDting, the first one so far as known and the second one in anticipatiow. It is a fact, however, that in both stocks there is inside baying on a scale. This is evidence that insiders are disposed to take a long look ahead at these properties and to treat their speculation in them from the bas's of long investnwnt chipping out from the immediate market movements such profits aa can be secured from the daily or periodical fluctuations in price. The development of the Brooklyn Ripid Transit system is planned for a hng future.

In the case of Metropolitan, however, the development is more complete as is al shown in the dividends paid and in the price of the stock. There Is in these two stocks, however, a strong bear interest which will use every occasion to depress the prices and will enforce their action with every possible adverse development. DIVIDENDS. The Atlantic Danville Ry Co. has declared a dividend of 12 on its preferred stock, payable to stock of record Ang.

payable 6ept. 1. The regular monthly dividend of has been declared by the Boston iLittle Circle Zinc payable to ehareholdeta of record A02.25.1899. 8TEEET NEW YORK, THURSDAY, AUGUST 24, 1899, WOTICE TO READERS. On pagt 6 will bt found the tern.

plett transactions on the Stoh Exchangt and in the outside marktt; also the latest afternoon developments. On page 4 bill bt found tht latest offuiat statements of earnings, full rtpotts of rop eonditions, and news oj special interest to the money market. SUMMER RESORTS. HATflAWAY INN SLSSSi BACH, N. J.

flhof 1 wort. MewUHlate tfU Cearee mm Clao Reaaa. Sand for Scforlptira booklet for part Iw tan. L. W.

MARSH. TOBACCO. The strength of the Tobacco stocks does not appear to arisa from any niw development, but roin a better appreciation of what has already taken place. Within the past two weeks the Health Tobacco Co. and Buchanan ft Lyall, of this city, have been acquired by the Trust, as well as the Spirits Tobacco Co.

of Louisville. Attention has been called to the fact that the American Co. has branch manufactories In Canada, Japan and South Africa. The new brand of smoking tobacco put out by the American Co. is having a great run.

Experts in the tobacco trade had predicted that cigars in good times would be in greater demand, and that the consumption of cigarettes would fall off. The next news was that the American Tobacco Co. was buying enormous quantities of cigar leaf tobacco, and had four large factories running to their utmost capacity, making cheroots. Any one of these things might affect the market, and most of them did, when first announced. The effect of tbcm upon the earning capacity of the company has not we are told, been fully discounted.

The Tobacco stocks aTe monopolizing attention because the operations in them are on a kirge scale and by a group of speculators probably the most powerful in Wall street. It is said that not ouly the Standard Oil interests have become identified with these properties but also the Sugar interests and that some of the leading men who promoted the Metropolitan and Transit systems have a large interest In tire Tobaeeo pool. Under the circumstances the resistant to the advance which was offered a short time ago by a few bear operators was brushed aside with comparative ease. There is stated to be plenty of material to foster bull speculation in the Tobaeeo stocks. Not onlv are the com IMtuies doing an enormous butuness in volume and at good prices uur an organization lias neen perieeteu nv wuieii a strong conrroi fthe trade has been secured for the future.

As a result of this situation larger dividends are exacted as a near possibility on the Tobacco stocks. American Tobacco has been paying at the rate of on its doubled stock. It is now stated that after that a div idend has been declared on Continental preferred the American Company wil raise its dividend on th common stock to an basis. This makes a handsome return to the original Tobacco stockholder and the present outlook for the comiMMiy is not only strengthening him in his convictions to hold his stock, but auto to add to his holdings. The inside prediction for American Tobacco is 130 on this movement.

IRON STEEL. There was continued activity in Republic Iron Steel, the common selling as high as 23 and the preferred at 74. Although tins is one of the new Industrials, it may be clussed as one of the successful ones. There are good reasons why this company r.noulu remain a good money earner. In discussing the trade situation, Mr.

E. W. l'arker, the Eastern Sales Agent, indicates the growth of the business as follows: "The full capacity of all our mills has been sold into November and Dei ember at the high prices mude this summer. The bulk of our product is bar iron, although we are turning out a fair pro psrtiou of bar steel of different kinds. The contracts which were made at low prices last Tear by the companies which comprfse the present one, and taken over by the latter, were all completed by July 1st of this year, consequently we are now operating under most favored conditions.

We are not tuking business for delivery before January. Contracts are being for delivery as far ahead as next July and these are of coutue tiinin the ireseut high prices. The policy of tlie management, however, seems to be to sell only a small proiiortion of the capacity of the mills for next year. This indicates that there will be, 111 tlieiipanion of the Oftl cinls of the company higher prices for bar iron and steel before the present upward tendency is checked. AMERICAN AIR POWER.

There was some activity in the outside market in Air Tower Wednesday, it selling up to 71 for round lots and 74 for odd lots. This company is successfully operating the 2Sth and street cross town lines, although better results would probably be had wilien the Metropolitan Traction Co. replaces the old rail's with modern ones. The compressor, which has been rn cou'se of construction nt the foot of West 24th street, is about com pleted. When this is in working order it is the intention to equip some others of the Metromlitau Traction Cc's lines with this system.

While there is no official confirmation, it may be stated upon good authority that an important change will shortly take place in the management of the conimny whereby the utility of compressed nlr will be brought into greater practical evidence, and it may be that much larger territory will be purchased by the American Air Power Co. to extend the application of the Houd ley Knight compressed nir patents upon street railway systems. DISTILLERIES CO. OF AMERICA. The trading in Distilleries of America is of un intermittant character.

Tin? common is quotable at 19 to 19J, while there are small transactions in the preferred around 00. About 04 of the outstanding securities of the Kentucky Distilleries Warehouse Co. is represented in the new consolidation. The Standard Distilling Distributing Co. stocks have been dejiosited to the extent of something over OOjf, and about 87 of the American Spirits Manufacturing Co.

stocks have come n. In the latter ease the preferred nnd common stock was scattered all over the country in small lots on account of the fact that in the organization of the American Spirits the holders of flu old Distilling Cuttle Feeders Co. were given small percentages in the Amricnn Spirits Co. The balance of the outstanding American Spirits stocks are bound to slow in coming in. A statement is made that the so called minority committee of the American Spirits Co.

has only secured 1,700 shares with which to legally fight the present consolidation. RUBBER GOODS. Rubber goods common sold at 34 and the preferred at 00. This is on the basis of 20 premium on the subscription price, as for every KM) shares of preferred subscribed for at par. 1)0 shares of the common wns given us a bonus.

The company 'has wld its regular 1 quarterly dividend on the preferred and earned a most satisfaetory amount which might be applied to dividends on the common, this will probably not be done for the present ns the policy of the directors is understood to be to acquire a fair sized surplus before beginning dividends on the common. Never in the history of miscellaneous rubber goods manufacturing has the business been so prosperous os'at present. The advanced price of crude rubber has not interfered with the profits The consolidation of the various companies has shown 11 larger percentage in economy of manufacture, distribution ano sale cf the product than at first anticipated. RAILROAD ASSESSMENTS IN IDAHO. The Idaho State Board of Equalization has fixed assessments on railroads' for the year on the basis of an increase of 11,750 per mile.

On the main line of Oregon Short Li he, the assessment is increased ham $0,500 to S3.250, or 27 On the Preston branch the increase Is 25, and on the lift Hey branch The assessment on Utah Northern is raised from to 8,750, and an Increase of 35. On the Northern Pacific main line, the increase Is from $0,500 to $8,350, or 27jf, and on the branches from $5,000 to or 25. Great Northern was assessed In 1898 at $6,500 per mile, and this is raised to $8,230, or 27. On Oregon Railroad Navigation the increase is from $5,000 to $0,250, or 25. The increase will not raise taxes, as the levies are lower, but railroads fear that next year assessments on other classes of property may be lowered and that the roads will then suffer.

It is believed that will coptest the aiemea.tji in the courts. JOT morning edition; MORNINO EDITION. VoL XVIL Ner Series ToL XL No. 42. PFAELZER, WALKER GO.

(MEM0BBS Or Till BOSTON AND PHILADELPHIA STOCK EXCHANGE!) DESIBB BIDS fOB ANB OPFEBINGS OV northwestern Coal Ry. 1st 5s Duluth Iron Range 1st 5s. Aad all oiker lasctlve Steam Ballrosel BosfU. KKW YOetK OmCK. BROAD ST.

Meoaoae UMOortlt "TON MILE COST," By THOMAS F. WOODLOCK. A NEW BOOK ON RAILROAD METHODS AND ACCOUNTS. A study into the question of railroad operating cost, and the factors which govern it. This book will prove of great interest to railroad men and all who are Inter, csted In Railroad Economics, embodies the most modern Ideas of the subject and will especially commend Itself to Railroad Managers who desire to start their young men thinking on light lines.

NOW READY. 28 Cents, Post Paid, DOW, JONES Sc THE WALL STREET JOURNAL, 4J 44 Brest Street, Hew York. sTisst TV lov Keep In Touch with the UUL 1 Religious Thought of the Day. THE EVANGELIST A Religious Weekly. PRICE CENTS PER ANJUJiB.

Table PAOM. New Hubliratloiu Oetukry An Auburn Al.i. Knirwii thx HnittuiM. op Page 'loo New Mobouk Uov. Theoilnre Cutler 4 In California John W.

Milt, D.D. 4 I'nif. lllliua Auanu Drown In Wl'poniilii. T.H.J. Utte.

Woi. A. Jona XlwuloirT and the ilplt Home "Krioneoua ftlltnrial Notre Church KeUemtlim IU hilientr MolhiKl. Kev.Wnltur Inldiaw, Pb.D. A Judicial Prinalple M.

mttrrinn, LLP. PMfnnl Church A Oruat Occasion Toe Knll.lo World Tub IIim.k Table: lli.Uo,) rooor'. Studio, in 1 hMlogy. Xinrteenth 6t. oub Sixth SLornnc Kco Dork.

ERIE. All lines year ending June lit: ISiMI. flrotts earuings Working excuses lM Xet earning Xet earning Erie Coal coniauie8 18,881,230 Income from other sources 19,140.353 Deductions from income 8,480,533 Established 1829. FOB SALB BT NEWSDBALEBS, Contents i pock Note Literary Note Tor pTkdat School: PRICE THREE CENT3 Pace 10 Tar Inte a (local Lremn 10 Toe UlliUi rtiuilv Letaon 11 CHKI. 1AK KDKATOH Henry Z.

UoBweo, D.D. 11 Hour DrPAUTMKMT: Toe Luck. Bur. Porra Ein G. Retford It SatlnDed J.

Nlonotf II A Hero In Homespun. Mabol Cariton AH IIIMIHVATIHN lAk: TheTmvelled Dumbie Pee. 19 plriur an'l Heea Led W. Chace A Bright Ilruoe 18 Young People'. Convention Iu Muxioo ucv.

Isaac Hoyue The Bii.ioinra Pkkw Woman' Uoaho or ruHtios Mibdion. b. H. D. Th CaukRA Cmtb Loclle Wand 17 Ml lUturn.ml nurchea IH Lettm from Our FrteaiM i THE EVANGELIST PUBLISHING 1SS Fifth Aeaa, Hew York City.

SUfmon (fo ANTIQUE tad ORiEiuas and CARPETS. Eerape, Eboraaam, Barak, Kurduv tan, Eirma una, Iran, Bant, Bere bend and Bokhara Carpet. Tbiordaa, Oonla, Tebris, Ladik, Cahlaian, Ana to Ian, Bbirran and Daghtalan Rug. Modern Oriental Carpets in ipeo lal colsri and dealgna of Eait India, Fenian and Turkish make. The aajy SalciiSQM relief Baw York tot TZS CXLSSXATXQ PIANOS An sew Loam sew GOHL.Cn DUILDINC TNK "aOHMtft" MEADS THE Lift OF THE MIOHIST ORAOC PIANOS LONG BEACH, L.

I. Hotel and Ina sow opaa. IT? EXCELLED RAILROAD SERVICE AMD HEW BOULEVAKD OPEN TO THE HOTEL. KKW STABLES AMD KKW tOTTAQ ES THIS BaAdUS. CULT LUi Kl Apply to A.

E. DICK. Proprietor. Telephone X1A Lone Meaob. SEND FOH 1LLC8TUATED BOOKLET.

File the Wall Street Journal. Changes. Inc. 11,843 23,438,037 Dec. 208,111 $8,302,822 Inc.

279,933 209,784 Inc. 88,694 8,512,07 Inc. $368,649 203,582 Inc. 53,514 8,71 6,189 8,082,273 Inc. $424,1 C3 Inc.

404,282 gnrplns $053,798 $033,916 Inc. $19,881 Comparing last night's closing bid with that of Tuesday's the following changes njiiwar: Atchison advanced R. T. V. O.

Northwest 1. Kock Island Denver pfd. L. X. 1, Mo.

Tuciilc 1J, Nor. ratine pfd.IJ, Union Pae. pfd. $, Wabash pfd. Am.

Cotton Oil Am. Steel Wire Sugar 2J and Cont. Tobacco 3i. MISSOURI, KANSAS TEXAS. Statement for the year ended Jane 80: 1899.

1808. Changes. Gross earnings $12,047,237 Dec. $116,903 Op. exp.

and taxes 8,012,827 8,182,388 Dec. 169,561 Net earnings Other Income Total net Fix charges $3,917,506 $3,864,849 61,587 69,090 $3,979,093 $3,933,939 3,430,410 8,427,169 Surplus $548,683 Inc. Dec. Inc. Inc.

$52,637 7,503 $45,134 3,241 $506,770 Inc. $41,913 Equals 4.57 on preferred stock. DIVERSIFYING TRAFFIC. The earnings of Northwest for June and July, 1899, are the largest on record by so much that they make former large earnings appear comparatively insignificant. We asked a director whence came the increase, and he replied: "Diversified traffic.

addition to the grain movement there have been large movements of ore, lumber, manufactures of all kinds, and merchandise, as well as a heavy passenger 'raffle." 'Diversified traffic" explains largely nearly all the statements of western roads this year. ANTHRACITE. Philadelphia (special). Owing to the extensive competition and the dullness in the anthracite coal trade in this city, the com panies are shading prices. The circular price of egg size is $2.60.

bat it has been sold as low at nut and stove circular price is has been offered at pea size, which is listed at $1.25 a ton, has been oold down as low as 73 cents, the lowest price for this size for years. While the demand In the east is light, there is a big demand in the west, lo handle which, however, there are so can, owing to the railroads being filled op with other merchandise 14 16 WALL 8TBEKH I MEMBERS rr ton anas rrocx kxciixen UNLISTED SECURITIES. American Ice, Virginia Coal Iron, Slow Sheffleld Steel, Republic Steel, American Woollens, Niagara Falls Power, International UnltddTracRys. of 5t Chicago Union Traction. Robert Goodbody BKBBEBS OP THB KEW YORK 8T0CK EXCHANGE INVESTMENT SECURITIES.

Stocks Bought and 39 BROAD NEW YORK JOHN H. DAVIS BAAKERS. He. ie WALL MEW TOBK. Member, X.T.

and Fbila. Stock Bxohanfet. Order, for Stork, and Bond, tad kt all exobangf. Kepeoial attention flToeU eupplrtac lufb olaa, INTICSTajRKT Fri KITIKS, co aasg.3 sTaaT, sw Robinson BANKERS Investment Securities Hamtvt Edwaio Fit. Gaoaoi R.

KoanraoK. Member Mew York 8 lock Ekehinta. Wl MAKE A SPECIALTY Of BankandTrustCo. STOCKS Chas. R.

Sickels 30 Broad Street, X. T. Up to Date, 1 SHOES" For Men, Women, Boys, Girls, FULL LINES. HEADY MASK. Peaalar Prteea.

WM. ARNOLD, EaUblUhed 1830. TelcMUOorL B.KAHN&SON, Opticians, No. 32 Balden Lane, New York. Spectacle and Eye Glaeata, Field UUaaea, Tkermometcri, Camera, and Pboto.

supplies. Quiok Bepairinc. Moderate Price INVEST FOR BTESTORS, The Rider and Driver Bread by peopls who own hlg daa hones, be it for riding, driving or They Invest their money In this line for pleasure If yon can show them an Investment FOB BUSINESS that will bring good returns, talk to them through Tlie Blder aud Driver's columns. You will find that a small vestment In advertising spact will ba moat profltahle. Sabscriptloii Pries Special BaUa tar OO Maaaelal Carat 4.

SapaUeS ea Ap tiMiua, Per leu. Rider Driver Pub. Co. 945 BROADWAY. Par Sale br all Mewadealara Price 10 Ceaile.

THE I NITBD STATU LBATHBB' COMPANY. W8 rVrrr 81., I New York, Augu.t 1MB, A dividend of lUSPerShare oo It, pre for red niu thla day buen declared br too Board of Director, of tblt CompiDr. per able October Id, ltW. The trauifer book, of prefirrel (too wlU cloe September 1Mb tt P. M.

and oi en October id, 1HW JAMtS K. PLl'M. Trraturor. REW YOBE TKNTBAL AND ID SON BIVEH UAILBOABt O. Treasurer'.

Offloe, Mow York. Aumut IS, UM. For the purpoat of a mcctiof of the atoobkoldcri of tbit Oonipaor. to be held on Wednotdar, tbe Efth of September next, at one o'clook P. the traiufer book will be ckiaed at three o'clock P.

M. on Friday, tbe ttth loatn and leopooodat ten o'clock A. M. on Friday, tbe itl of September next X. V.

W. ROSSITER, Treasurer. TAILOI7C Baetiatanad to tbatr ataal EXCKiXCE CC'JXT gUILCI.S. Sw M. aa4 liaaanw Piaea..