New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-16
u,.11 STREET AND EXCHANGES.

,-o21-rC.>- TRADING-F7oreign houses dealt m
% nno shares in the local market, buying loiNP
shares In London copper stocks were q"I.e 81 Un9
onsoIs easier early. but rallied in the later
"a +bars was not much feature in foreign bohos-
The mining department was quiet Money was "o'
IN any special demand, and 50 lar actS better 'd"
!, generally does abroad at this time OF the year
,-he returp of cash from the country to Lor.on as
1io,-Ir, the outward movement of currency, which
is tus4 as regular there as it is here. was goo
feature There was no development OF interest," III
the foreign bourses.
MARKET GOssIP.-The traders bid up Comedian
Pacific under the lead Of +. Walsh The limited
on1antitv of the stock in the open market here
helped them. especially as the movement was not
started until the London market had closed J. IS
sold thai the house which has so long represented
the Coulds in Their speculative operations IS no
longer In tina; position. and that the holdings OF
Missouri Pacific lodged with them have been trans
ferred to another house not hitherto active In t1at
connection The Benedict Brady pool was active IN
Rubper and traders consequently began 10 talk
abou+ possible developments at the meeting. There
did not seem TO be anything more in the movement
than the usual market manipulation Rather less
enthusiasm vas shown about the future Erie owner
ship of parts of the Cincinnati Hamilton and Day
ton SYSTEM It was considered that Erie would have
to nav handsomely and might not get such great
bargain after all. There is rumor Of Erie paying
for the property behalf Of the PENNSYLVANIA and
Vanderbilt interests by an issue of per cent col
lateral trust bonds which IL is thought ought 10
sell around a. Although A II. Combs & Co aud
H. Content were the early buyers OF Missouri Pa
cifc q number of traders cling to the belief that
the recent movement has been engineered by w p.
Connor who might probably depend upon not being
interfered with by the Gould brokers Amalgamated
Conner showed rather frmer the improve
ment i'm the metal in London and strength of the
copper stocks there. There has been buying
here OF Anaconda for foreign account which is said
to represent the covering of a London bear account
of some size. While a good deal of the buying in
Chesapeake and Ohio. which advanced it about mid
day looked like operations by the old bull pool In
the stock. II should he remembered that the divi-
dend period is coming nearer. and that per cent
basis is the cards. London unexpected
seller of stocks from the curb 1t is understood
that some of the selling orders came from Paris.
where the suicide of a large Spectator in
voved some liquidation protect the general huan-
CiaI position.
BANKS HEAVY LOSS.-The reported move
ments of currency this week indicate loss in
cash held by the banks of 50 660soO They received
from the interior $4O9s9O0 and to the interior
s1Ss.sOO including 10000 transferred through the
sub-Treasury TO San Francisco. $4,000 trans
ferred to New-Oreans. and $9.is5OOO national bank
notes sent to Washington for redemption. The loss
TO the interior was s40sosOo. Receipts OF new gold
were S.al1 200. namely. sSsS.4oo on New-York Assay
Once checks. $4,000 on San Francisco Mint checks
sSss.sco Seattle Assay ONCE checks Ordinary
disbursements by the Sub-Treasury were $15 ss2 500
payments by banks to the sub-Treasury for Gus
toms. internal revenue per cent redemption fund.
etc. were s22S740o0 The loss b-Treasury oper
atoms proper 200. The total loss 70 the
sub-TFeasury and interior was sio.97s10o- Deduct