New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-25
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN. TRADING-Foreign houses dealt in
$1,000 shares in the local market, buying 1000
shares In London the general market was dull
and ra Their heavy as there some further lqui-
datfon Of weak accounts in the Kafir market
Selling of this character in Americans has ap-
psreut!y run its course Japanese bonds were
rather heavy and consols were quoted lower, but
there was no news on the international political
situation Money was easy and seems unlikely
TO develop any special stringency over the fort
nightly settlement beginning MoEday
IRON TRADE CONDTTIONS-"Th Iron Age
says:
All the leading distributing centres OF pig iron
forward deliver have taken place but there Il
fair volume of orders for early delivery and con
steady Az very Sharp distinction must be re
between the volume Of buying and the SurIen. OF
slightly in excess Of requirement bur that does not
mean that consumption IS cot gong on at an 7i IN
lions that Ihe foundry trade. which has dlSap-
pointed possibly eNtravagant expectations Is PICK
ms up little
SECURITIES LISTED-The following SECURITIES
have been added to the Stock Exchange list Chi
cago Great Western, H,73s.7oJ additional common
stock; SiS9O00 common stock OF the Twin Cliy
Rapid Transit Company; 100000 additional first
mortgage bonds OF the Wabash PittsbHrg Ter
ultnaI Company: Si000oc0G + Per cent gold debt
bonds of 1904 Of the United States OF NeNieoi
100000 additional first and refundng mortgage 7
per cent bonds Of the Minneapolis and 81 LOUIS
Railroad Company; H.5o0o@ additional common
stock OF the Buffalo Rochester and Ptttso.1s
Railway Company and S2,9S}.2oo preferred stock
of. the United RAILWAYS Company Of St oNis
CENTRAL RAILROAD OF NEW-JERSEf.-
Jersey Central IS the first anthracite coal road 70
report earnings for April The earnings for the
month showed an increase of 1l2 per cent in gross
and an increase Of nearly per cent in net The
earnings for pril 1904. large so that an in
crease this year indicates what prosperity is pre-
vaiIng at the present time in the anthracite coal
industry As compared with the preceding month.
the earnings for April showed an increase of $500
in gross. while net increased Sl3SG0.
WISCONSIN CENTRAI~-Wisconsin Central in
tends TO finance its Duluth extension Independently
by the sale of per cent twentyyear bonds of new
corporation. The new subsidiary will be controlled
by Wisconsin Central. will be called the Lake
Superior and Southeastern. and will have an au-
thorized bond issue of $50O)Ocl The first mortgage
per cent bonds OF Wisconsin CentraI"ere selling
in Wall Street about 4 p per cent basis Near
ly &4OoG0o of an authorized issue of 100000 are
outstanding
TWIN CITY RAPID TRANSIT.-The committee
on securities ruling of May 10 that Twin city
Rapid Transit Company carries due bills for
rights Is rescinded Due bills delivered under
said ruling must be returned This ruling refers
to rights" entailed by the issue of new stock,
which Is not yet authorized by the stockholders Of
the company. The company is expected to issue
SOooUO new stock at par
APPLICATIONS TO LIST-The eansyIvania
'''lpdhS mas made application TO the
STOCK hAchange to list $1.1O665O additional capital
stock The Pittsburg Coal COMPANY has anrue5
TO the stock Exchange to list $4,000 additional
preferred stock and $3.50 100 common stock
ONTARIO AND WEsTERN.-The secret Of the
StIeIs'H !" ontario and Western probably lies in
the knowledge that Nevr-T4o,.e,, 30, -,
ferenoes with New-York Central and n,ado -,
,lil'.'oe arrangement for financing ontario. Lon
don got news of the improved situation oar,,. ,7
pirTeo up most of the cheap stock in the morning
~
Produce Exchange seat was renorto4 Sa,e VI d
S16O 1S reported yesterday at