New-York tribune., 1905-01-28
WALL STREET AND EXCHANGES.


* ooo shares In the local market. buying heVS Olt
balance In London the market opeheu "eii
showed a fair amount OF Strength III sPi' u -
too,,Ioritv The tone was more uncertain in the
aarIv afternoon Continental bourses were generahy
ern, One small member resigned from the StocA
Exchange but nobody anticipates anything seIiOuS
In the way of financial difficulties there, IN o. -
among tho Russian Industrial STOCKS tue ue14iA
since the middle of January amount 10 20 francs III
the case of Sosnowice; Hut AbanKowa' ifV lrAIlos'
Timer Volga Engineering Company, 80 francs' BIT
ansk % francs. and Kertch. francs All tnese
show recoveries since Monday. and the tendehcE III
each case is better Discount rates were unchanged
MOVEMENTS OF MONEY.-The reported move
noents of currency this week indicate gain in cash
held by the banks of S31S34O0. They received from
the interior SO 400 and sent to the interior SoSOI
OOo including about 100000 national bank notes
sent 70 washington for redemption. The gain 1roin
tba interior was 81 e3 400 The total gain-from the
interior s4e43 400; gold. s1.os1.So. and Sub
Treasury s74e,4oo-was s6765.40o Deductng the loss
by gold exports s. O0o the net gain was s. lS 4o
BALTIMORE AND OHIO-It is said that it Is
now practically certain that the Baltimore and
Ohio board Of directors will make no change in the
dividend rate the next meeting. which will prob
ably take place in the first week in February. II
will not surprise officials, however. if the net earn
ings OF the road in January show increase OF
close on 100000. The company earned net only
about SsO0O in January of 1904.
PIG IRON CERTIFICATES AT PRODUCE
EXCHANGE-Pig iron certificates at the New
without important changes. Prices the call fol-
low: Cash. ST 10 asked; February. S6 10 asked
March, April and May SIG 50q$l6 Is June, SIS 20
asked: July SIS 60 asked. On the second call prices
were practically unchanged There were no sales
Closing quotations follow: January offered at
ST. 10; February sl6 70 bid; March. SIG 50d$6 75:
April SIS 5OaS16 so: May SIG 50asl6 75 June. sic 90
bid; July. SIC 80 bid.
BALTIMORE AND OHIO OFFICIAL CHANGES
1t is offically announced at the headquarters of
E3a{lr hat
Thomas Fitzgerald has been promoted TO the posi-
ton OF general manager of the system. vice C. 5.
Sims resigned. The change is effective on Bebru-
ary l. Mr.. Fitzgerald is at present superintendent
of the Philadelphia and main line branches OF the
company Mande Seneer. a well known Baltimore
newspa per man. has been appointed TO succeed
James H. Maddy special representative of the
company with headquarters in Baltimore.
GOLD EXPORTS.-The National Bank OF Com
merce will send $4,000 gold eagles to Argentina by
to-day.s steamer. The National City Bank will
ship 100000 gold coin Paris. and Heidelbach,
Ickelheirner & Co. 100000
TTNTON Rag AND PAPER-The concerns man
ufacturinE paper bags have advanced the price OF
their product from 20 per cent 1t Is said that
this course was decided after frequent confer
ences at which representatives OF all the leading
paper bag concerns. including Union Bag and
Paper Company and the Continental Paper Bag
Company were present.
WABASH-The strength in Wabash Is regarded
in some quarters as having reference to the accu-
mutation OF Erie which has been going on for
come time.
COLORADO AND sOUTHERN.-The dissolution
of the Colorado and Southern voting trust. take
effect April l. will put that property in the hands
Of Edwin Hawley and his friends. who have owned
a majority of the voting trust certificates for
time The change in management, it IS announced
will entail little change in policy administra-
ton. Mr.. Haw1ey has been the dominant influence
in the property. and the voting trustees have been
in thorough accord with him all important ques-
tions.
UNITED BOX BOARD.-The transaction involv-
ing tho return OF the Oswego and Penn Van mills
of the United Box Board and Paper Company to the
original has been completed. and the suits
equity brought In the New-Jersey courts have
Company. IT is said. will act the selling agent
OF the products OF the beard machine OF the Os-
wegO Il mt for term Of three years. II. L.
Paddock will Ct ntinue the selling agent Of the
product OF the news paper machine.
TO ACT ON NEW NJ. p. BOND ISSUE-The
Missouri Pacific Railway Company has issued a
call for special meeting OF the stockholders to
be held in st. Louis February S. The purpose
o. the meeting is 10 vote on the recommendation
CT tie directors to issue SoO.O00O0O bonds which
were sold some weeks ago to Ku.ln Loeb & Co
GRAIN Observation-Disclosures reports the
exports of wheat including -four for the week at
1.l0l5S bushels against 1.13s974 last week and p
S176o2 last year. Since July l. 3sII1 775 bushels
against $,741llS last year Corn. $685. 733 bushels
against S.lss.02s last week and li6sS96 last year
Since July 27Sil I3. against So 4TOlO2 last year
500" EARNINGS SINCREASE-Earninss or +ha
Minneapolis. ST. Paul and sault Ste Marie for the
third week in January show an increase OF sa5 4s7
over the same week last year. making from July l
d gain OF y60d COZ.
LINCOLN TRUST CoMPANy-Ten shares o-
the Lincoln Trust Company stock bsva haa1 s,Ii
at 500 being an advancs of so points since the last
last eight months. ~ " 'ii0