New-York tribune., 1905-04-09
WAN. srREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses were not
active factors in the local market, selling on bal
ance. In London consols were heavy and japanese
bonds were heavy and lower on the report that the
Baltic feet had been sighted not far from Singa-
pore The general market was featureless and
rather heavy Money was reported in fair demand
for the trifing requirements or saturday Bar
silver showed frmer tone.
THE COTTON MOVEMENT-According 10 me
Financial Chronicle" the total receipts OF cotton
for the week ended April reached 1SS.92o bales
against 1892 last week and 1'4'SSl the previous
week making the total receipts since Sepleihoer l.
1904 7SS92O bales against 6.7n.743 for the same
period of 19OS-O4. showing an increase since sep
ten,ber / 1904 of 114746S bales Reports from the
South Indicate that rain has fallen IN pracucel-Iy
all sections of the South during the week Inc
precipitation, while light or moderate at Mus.
noirts has been sufficiently heavy in portions OF
15.seissjnni Louisiana and Arkansas to interfere
with farming operations. On the whole however
nIanting has made good progress wnere WoFk mas
been begun although not as wen aIle1u "S ~ al
average year. -. ,-
,o.+incotes At the New-York Produce Exchange
o-are1 dun and unchanged. There were no sales.
Quotations follow Cash, SIG 30 bid; April SO 9v9
81, Nav and June. ST asked; July $40 % Do
AMERICAN SMELLING AND REF N1H>tI--IA9
.o,,T,o, stock of the American Smelling and Re-
eri,e. C,on,panv made a new high record on Friday
reaching n7s4 This price is 124 points above the
low price of 46 1904 AS per cent STOCK Il =
Welding approximately II AeI cent. AAAO fOA
hicb has been behind the stock for several months
mast gets the credit for the phenomenal ad-
I,,Dce in the stock including the seven point rise
I7ri5av The long promised lead merger IS still re
r,rded as one of the principal reasons Tor the ad-
$500, -.
AMERICAN GRASS TWINE-t IS stated thaI
.ba interests now identified with the American
Csrses Irvine Company are making rapid progress
In the matter OF rehabiIitatng the company Fixed
charges have been materially reduced and salts
factory wear is looked for. Last year the company
boyred loss of about Sl0OC00. but. considering the
,,rn~odtable and undesirable contracts that were
dtsDosed Of the showing was regarded as favorable
The company's debts amount TO about $2o0oOt, but
the value Of the stocks on hand are double that
amount The high salaried officers have been dis
nosed of and a large number Of warehouses that
were being operated in the principal cities at less
abandoned In fact. there has been complete rev
o1ntion of the business methods of the corporation
BANK CLEAPINGS-Bankc c.earlnSs IN the last
week showed an increase in tie aggregate OF S5l
per cent New-York gained $50 per cent. Boston
d per cent Philadelphia 1I2 per cent, Chicago 80
per cent Baltimore 1919 per cent. and ST. Louis So
per cent New-OrIeans lost % per cent
CHESAPEAKE AND OHIO.-Apphcation has
bean made TO the New-York Stock Exchange by the
Chesapeake and Ohio Railroad Company TO list an
additional S10O0000 general mortgage 4l2s OF 1892
GREENE COPPER-Grecne Copper directors
have declared the regular bI-monthly dividend OF
4 per cent payable April 20