New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-10
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses not
active factors in the local Exchange. trading
amounting TO only few thousand shares. IN
London the signature Of the Anglo-French treaty.
settling various long standing questions in dis
pute was reflected in Improvement in the Sc
curities markets generally. particularly In consols
and other investments. Home rails were freely
bought In South African mining Issues con-
tinued Improvement took place and International
issues were firm. The foreign Bourscs closed
steady. Rio TIntos a shade higher at 63's
ConsoIs advanced 7-1s each, TO SIS for money
and s-I5 for the account.
EMPIRE STEEL REPORT.-The Empire Steel
and Iron Company reports for the year ended
December 81 a profit and loss balance Of S165.4iS,
against SIPS, $50 the year before It's net earnings.
after depreciation charges. were $os67l against
S2o3.os7 The per cent preferred dividend con-
sumed $500. and sl9ssi6 was spent OF set aside
for improvements extraordinary depreciation
The directors have deemed it advisabs to
consider the improvements at the ore mines in
New-Jcrsey. The production from these H.'Hts
is about double that Of the previous year.
BONDS IN DEMAND-A broker who makes
speciality Of bonds OF solid railway and Industrial
companies reports a demand for the International
Steam Pump debenture IS. These issues have not
been active in the bond market they are mostly
held by investors and the fact that the entire issue
amounts only s3.500.o00 with $2,5'oCo outstand-
ing suggests tho wisdom Of buying them. when
offered at current prices. They yield nearly per
cent These bonds are convertible into common
stock which pays per cent. and at the current
price returns about 10 per cent.
BANK CLEARINGS FOR THE wEEK-The
total bank clearings OF all the clearing houses OF
the United States for the last week were 1878 esq.,
S55 an increase OF 81 464 $50 compared with
week last year 04 per cent. New-York exhibits
a loss of y per cent; Boston OF per cent: Phila-
dephia shows a gain of 404 per cent. Chicago "a
per cent Baltimore 31-S per cent. St Louis IFS per
cent. and New-Orleans 63.9 per cent.
MARITIME EXCHANGE INDEPENDENT
TICKET-An independent ticket has been put up
in the Maritime Exchange: composed Of George L.
Wooley, agent for the British FurnessW Whitley Line
for president c. G: Hoagland for director. and
Joseph Kcegan. of S =. Blackburn & Co. for In
spector of elections The regular nominees for these
positions are present oicials-C. i. Parsons Fields
s Pendleton and Henry \. Sweet
DECREASE IN IRON AND steel, IMPORTS.
A large decrease in imports Of foreign pig iron.
scrap IRON structural iron: steel billets. blooms
steel wire rods old steel rails and scrap steel has
been noted in the last month. and the indications
that such imports viii cease entirely within the
next few weeks.
APPLICATIONS TO LIST-The Cleveland. Gin
cnnati, Chicago and ST Louis Railway Company
has applied to the New-York Stock Exchange to
list 81 OS2 additional general mortgage per cent
bonds of 1893 The Western Union Telegraph Com
pany has applied to list 100000 additional AZ per
funding and real estate mortgage bonds OF 1850