New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-03
- srpEEr AND EXCHANGES.

wALL STREET AND EACHANGES'
W. - RApING.-Foreign houses were not
Fof'bIo.r -. local market, dealings amounting TO
sftiVe y -, thousand shares, with sales preoonnl-
eaF =, rondon consols were steady, whlle the
rstins' - ,-erc again weak. The general market
Buss& IS adversely effected by the Russian
staslon. .o.erp Tho sneculstion in Renubljo
NAI-.ors 70 be governed more by the technical
sec .d than by the outlook for the property If
ross-re5 IS to get its y per cent OF back divi-
Ire f+,s g ANYTHING but bull argument on the
oenu ,,,,t the fact IS so obvious that there must
ooHnHo' 80 account in the latter which actually
Is soA, S.4ter than the preferred There has been
SeleI ,st taking in Tennessee Coal and Iron
s'ils Nv people who bought Il good deal lower
- The pool has apparently net sold so far,
down +a-s,Ise IL does not want to take profits
eAH &C some traders who peTsistently lose money
!ss stor+ think. because there is no other mar
ssh-s r,ool for the stock. There is very little
X -. that commission houses are pretty well
a3ss-S+ and unless some long stock comes to
81 technical conditions, according to traders,
EN- ttr,,1afe a rally While it is very doubtful
ta'.bfnr Ike the quantity of Leedss holdings
- island preferred sold that traders
- there was some selling Of this character
o. ,s now concluded. as evidenced by the sharp
f.- :, tbe stock 1t IS said that the heaviness in
I ~s states Steel is due 20 the realization Of
IN ,srt of H. {. Tricks holdings Traders
0s ys,-,on Is take care of the Morgan support
q. ~ stock ana the G. W. Perkins bun account
IN have 10 Be curtaied.
'rvGr4ANGE MARKET. CONDITIoNs.-C. schu-
raeber & C. say
The exchange market during the week fuct-
gse1 fo- prime demand sterling, closing $3.50 or
.5,tin i've points OF the low quotations Through
". ". 4,e week the market was very nervous ana
slbject 70 eIit' ssiI,ss RE cause Of this decline
,7T1# r,lzr he 10
u So handing interest and dividend disbursements
Earker 9rsl - fbe month and the lower discount
on in London which resulted in q very steady
EsTAs changed around the prices prevailing
iaC.t francs on Paris showed very little vara-
- IN rates. While marks continued 10 eNh1Dlt 1Iie
.rang undertone which has been characteIlSllic
= nat class 81 exchange for a number OF weeks
= ~ strength 81 The latter class Of eXchallge Is
Itbout doubt due 70 The very hgh money IaIkes
esse We are not likely to see any change to speaa
II in the rate FOR sterling IN BerIn M2St OF ny
ed contracts. and inc EXPORT noveIIe+y ~ l ne
me being The market for grain permits cons
december aad January and TINS eAcnage Is u LIE
s,5 in the market ana used % cover me l4lE
MS ou - Save maturity or renew if the money
slrke+ prevailing here at that time should WS Wal
rsat md yyIila the proceeds thereof viii not
: emitted abroad until next March the prospee-
.enai influence upon the future course Of ex-
change.
NJ 7Prlx @FERTTFIC ATES.-Regular pig iron
,,-s6csfes al the New-York Produce Exchange
vsrs higher on near months. but easier on later
ontons Foundry grade was generally easy. Ihere
were 10 sales. Closing quotations for regular fol-
low: Cash. Sl7 l9aSlz 90 December 81 stz 81 -
-s7uaTv 7 2aSl7 80: February. ST 5dSl1 q; March
- ,nriI S7sgaSl7 90. Final quotations for foun-
INV follow: cash and December. $l7dSl7 50: jan
rs-v 81 SoGSi7 90 February, So 10d$lT @; March
and April s7 2oQS17 -; May 81 2o9Sl7 So june,
g7SaGa7 g. .- ...-z@.1-s
TBF COTTON observation-disclosures TO The
Financial Chronicle the total receipts Of cotton
for the week ended December ], 1875. We're S22,6l0
bales against sS5o45 bales last week, SS1,2So the
r-evious week and S64 90 bales the week before
hat The total receipts since September i are
lHSas bales against 4,5S7.T62 for the same period
last year a decrease Of 55L559 bales. In spite Of
lover temperature toward the end Of the week, the
weather on the WHOLE has been favorable. Pick
,nr where not already completed. has made good
-rogress and the movement Of cotton 10 market
has been fairly free.
BANK CT.EARINGs-The total bank clearings
If The United states for the week ended December
9vsre & q97 against s. os6e7SIl in the pre-
csihg week and 1855 900 45s in the corresponding
week Of last year. sEs1e
BETHLEHEM ssTEEL1-The sharp advance In
the common stock of the Bethlehem Steel Corpora
ton in the Outside security market is accompanied
~ reports that the starting of dividends on me
common is under C0rsldeTatfOn o1tLSlilSl-A NS0~A
interests declare these reports TO be premature.
KANSAS CITY SOUTHERN.-kansas City
Southern has sold $4,000 AZ Per cent equipment
notes maturing $1,000 a year 10 1Sl5, subject to
call at par and interest. Blair & Co. bought the
notes.
REPUBLIC DISTILIINC7. BONDS-The prop
erty Of the Republic Distilling Company has been
mortgaged TO secure 100000 Z per cent ten-year
bonds The company is associated with the Dis
iillers' Securities CORPORATION.
KENTUCKY RAILROAD PROJECTED.-The
Cumberland River and Nashville Railroad has
made a mortgage to secure S25o0,aoa thirty-year
per cent gold bonds at 10000 a mile. The road
mas let contracts TO build twenty miles from
Monticello TO Burnside on the Cincinnati South
EN- and has surveyed sfxty-three miles from Cor
bin KY, 10 Monticello.
CANADIAN PACIFIC EARNINGS. Earrings
Of the Canadian Pacific continue to show striking
gains over the corresponding period last yea2,
gross receipts for the third week in November
showing an increase Of S26S.G5o. making from July
gam OF $2,9OIc9. s.z.< -