New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-20
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foroign houses dealt in
upward Of 50o} shares i'm the local market. selling
balance. In London the market in all depart
ments was inactive final prices showing unim-
uorlant changes The demand fer money light
end foreign discount rates showed differences
from last weeks closing ia London bar silver was
conspicuously strong.
ARIZONA CONSOLIDATED MINING.-One %
tho features Of yesterdays curb market the
appearance Of The stock % The Arizona ConsoH-
dated Mining Company, which sold So a share.
This company. which incorporated under the
laws Of Arizona. formed combine four
important mining properties namely, the Tres
Amigos, tho Sorrel Top The ore Blanco and the
Sis-rita. The three first named are low grade
gold mines while the latter is q lead silver and
gold mine 1t is the purpose of the company to in
crease its holdings from time time. as il oc-
CUpies particularly advantageous position in a
TIrh section. owing 10 its command Of the water.
supply and the general locality of its properties
rms enterprise has been developed chiefly by
Garrett y. LiHderman. formerly one Of the princ-
Ial oWners OF the Bethlehem Steel Company.
-atneHg Other men interested IN the property are
ruinalI NJ Dodson. president Of the Lehigh VA
let National Bank. Robert H Sayre Of South
Bethlehem. Penn. and J. ". Holenback
president Of the Peoples Bank Of Wilkesbarre.
IfHIn hhe capital Of the company is s5Gy1-
- the stock being Of the par value Of
50 share, ana all the stock that has been issued
Is held 10y the directors and their immediate as
sosiates.
MISSOURI PACIFIC.-Missourt Pacifc's earn
J = Tor the second week in December show an
increase Of $i9e", as compared with the same
ll-i'4 last wear making from January an in
crease Of $4223-5. Owing the large corn crop of
the current year and the Improvement in general
industries in the second half Of the year. the com
lafys prospects for further gains in earnings are
extremely promising. For October the company
showed gain in gross OF sl76s0 and a gain j.,
net Of $3.50 49,. For the first months Of the wear
net earnings showed a decrease Of 81 90. 3g7
CANADIAN PACIFIC'S EARNINGS Earnings
Of the Canadian Pacific for the second week in
December show the large increase Of s1o2 nan ae
compared with the corresponding period a wear
ago From July ! earnings OF this company have
broken al records IN the history the road
showing gain Of over $4,000, There apparently
IS no chance Of falling of in traffic receipts es
The territory through which the comnany's lines
run is prosperous. with every indication Of fur
thor extension in its industrial activities
BEAR POOL observation-disclosures to a
Wall Street news bureau. q strong bear pool has
been organized, with backing Of $4,000 go 1t is
said that the steel shares, St. Paul Union Pacific
and Reading VIII be the chief objects Of attack
An important Wall Street interest. when asked
regarding this rumor. classed one Of the usual
unfounded OutpOurings Of ina ginative Wall
Street operator short Of stocks
COPPER SHARES ACTIVE.-In the outside
market there was good demand for the various
copper issues dealt in. and there further ac-
emulation % the Montreal and Boston shares by
the same interests who were active buyers last
week. one Of the reports regarding the stock Of
the Montreal ana Boston company suggests that
the property viii be absorbed by the Amalgamated
company.
DULUTH. SOUTH SHORE AND ATLANTIC
Buying OF Duluth. South shore and Atlantic stock
IN yesterdays market vas for the account Of ca
madam interests. The common advanced q and the
preferred u. 4 large amount Of Canadian Pa
cifc stock to SEQ" shares and Duluth South
Shore and Atlantic issues have been absorbed in
ire !sst teD weeks by capitalists in Montreal and