New-York tribune., 1905-11-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
Rgn shares in the local market. selling 5000
shares. In London Russian bonds lost u per cent
Of their recent rally and consols were noticeably
weak SO, a decline OF 5-16 per cent Copper
stooks generally lower. and the mining market
was depressed In spite of the evidence of co-oper
uca between NJ Witte and the Zernstvo the news
from Russia was not liked. and particularly in re-
gard 10 The Standards report Of Whites stroke
Of paralysis. The extension OF the agrarian diff
cal;y was also unfavorable Money in fair de-
nand in London. and IS not likely TO ease Off ma
terialiy. although the Bank of England did not
change its rate and made a fair return.
MARKET GOSSIP.-The most interesting move
nlent al the opening was the advance in Metro
pohtan against the general market current This
was based The rumors that Metropolitan Sc
cu7'ies had bought control Of Brooklyn Rapid
Iranst in the open market Other authorities
equally Trustworthy say that E J. Berwind and
as friends have been the real buyers Of Brooklyn
-noeatons were not wanting Wednesday that
mere hed been some inside" profit taking in
american Smelling. The official denial Of any ne
sOlauons with National Lead had considerable in
nuenee. The movement in the Rubber issues ap-
las to be due directly the activity of the Bene-
ulcl-srsoy following. who are also busy on the
odl SIDE in Metropolitan unless good judges on the
Aoor nave been msied. There is no new develop
menl In Rubber. but higher prices are talked Of
@na beth common and preferred are tightly held
Aep1oic Iron and Steel preferred was advanced
WIN some success in the first few minutes. but
axe some Of the other independent steel stocks re
Gently ran into a liberal supply of long stock and
SID Of again almost as quickly Merger runors
nave been overworked. Philadelphia houses were
very fair buyers OF stocks round the room. One OF
-en has been active in the advance IN Brooklyn
.-Eac Transit bat is suspected Of selling good
YEA o. stock recently. Anaconda sold or a httie'
e-t 10 nothing like the extent OF the weakness
-seiosed IN the stock in London one or TWO OF
'e foreign houses were able TO arbitrage. and sold
A'ue stock on the relative strength mere. AIIlai-
ssaated Copper acted we'll. and is still helped by
'as substantial short interest The selling OF ST
.''as and San Francisco second preferred is saio
% ~e vel informed There IS no question about
Ie Frisco first preferred dividend, out propaDS
sas real reason for the weakness IS the oeFeioP-
-ea' q new forces IN Missouri, Kansas ana 1eAas-
ne market shows that this VIII hurt hoch is.
@.o through Frisco with which road missouri,
Kansas and Texas under Burlington contfoA "ONau
= most dangerous competitor The heaNy sen
--s OF Reading by Bishop. Lainbeer q 70, wii'
ave hitherto been active the buil slde heo "
soc deal 10 90 with the forenoon decline [1e1N'
10y q Co substantial sellers OF ROCK 1sia--u So
/. ..-eiefred. giving some announcement 10 tiaUeiS
% hammer both that stock and the con'inoh
NORTHERN sECURITIES-To protect the IN
'eFez7s OF holders OF the old stock certificates OF
ne Northern Securities Company who fallea 70
surrender such certificates TO that company py 10
.eaoer s. 1906 the Great Northern Rali"a! I'm
pshy has consented TO issue certificates for risH's
= = subscription To tts new issue or stock on O.
'seat Northern stock transferred from the Noi
. - Securities Company. 20 and including Ateceii
= S6 This viii include Great Northern So
! a1easferred upon f7e surrender Of OLD NortheiH
afitaes stock certificates as well as Great NO