New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-10-13
WHEAT.
WALL STREET AND EXCHANGES.

FOREIGN TRADING--Foreign houses 0saI' N
25oo0 shares in the local market all purchases n
london conozIs were steady and foreign bonds sub
s+an1faII- unchanged The Copper stocks showed
-o,@a reac-fonarv tendency as q consequences %
nroAt taking on the Rio Tinto dividend The min
ing stocks were heavy and lower Ihe BANK OF
England did not change its rate and made de-
cida5ly better return than last week although it
compared unfavorably with the exceptional figures
Of Iasr wear The only disturbing feature was
further loss Of bullion the week There seems
no real fear of advance in the rate 70 per cent
but money conditions abroad such that any re-
duction OF the present rate IS exceed ngy inproo-
able before January at the earliest
MARKET Pennsylvania acted well. as
II did even in the decline on Wednesday. The ex-
pec+ad advance in the dividends OF botn Nor-o-N
and Western and Chesapeake and OHIO mas -hdlce'
q good deal Of buying OF a sen1i-investnenr char
eofer The enhancement IN value and yield OF its
controlled properties has not been discounted IN
the opinion Of good market judges. The best sup
mort in the opening trading came from the Gates
following and was most apparent IN Louisville and
G ParI They were rather taken BY surprise
the previous DAY. bur had the defence well organ
lied at the opening and were understood 70 have
given out buying orders all round There Is pre-
1atIf7g impression that the Standard Oil interest
while bulltsh for fairly loag pull. would Do will
ing to see stocks sell of little In the last fort
night there seems to have been change IN the az
titude of that following. There is DEFINITE lax
If s7pport in a number Of stocks. which would give
he fu7D that some interest IlOC4c4 y.
views on the market Canadian Pacific was de-
messed BY the selling for foreign account due 70
the forced realizing of one Of the London ollls
Part of this stock is understood 70 have been car
red over the making up prices Of the second
dav OF the settlement. which would show diner
encA of over four points from the previous settle
rent Perhaps the heaviest individual trading Il
anv single stock in the forenoon was Oy WON
BROTHERS who were estimated 10 have taken a.
least 1900 shares OF American Locomotive They
- oF q
A long time past. The principal selling Of Steel
came from fairly active traders like Q. B Bridg-
man who was a seller Of 60oo shares Of the COM
mon There was rather narrower market n 1ns
stock than there had been for some little time past
hut the support was good a canvass Of NUM-
her of representative commission houses shows
very small account open for the rise and no bar
account worth mentioning Business IN fsct tenos
business for cliques-
PIC IRON .CAPACITY-The number Of anthrs-
cit. and coke blast furnaces active on October
was 274. against 26s on September l. Their week.
anac,, Of pfg iron was 44546S tons, against 1855
tons on September / The present weekly capacity
If the furnaces in blast is greater than al any Other
time this year except May l. when Il vas S1.eSl
tons.
FROM THE ERIE TO THE GRAND CENTRAL
-Beginning on Monday, October 3, the NeW-4ork
CITY Railway viii operate cars from It's terTnina4
tracks at the Erie ferries at West sd St direct 10
the Grand Central Station at 4cd-st. Roadway o.
four minutes will he maintained from ',' A N 10
70D p. NJ. with such service in the intervening
hours as may be required
GOLD IMPORTS.-The Hamburg American steam
shin Deutschland brought S2650cO consigned 10 the
National City Bank. making total arrivals 70 CARS
S 10, 90.
GREAT NORTHERN DIRECTORS REFLECT
ED.-At the annual meeting OF the stockholders @
the Great Northern Railway Company. held yes
terday the retiring directors were reelected Only
routine business was transacted
NO EXPLANATION OF CHICAGO SUBWAY
DROP-NIen in this city who have been supposed
to be interested in the Chicago subway Company
said they had no statement to make with respees
10 the further sharp decline in the stock yesterday
CARNEGIE STEEL COMPANIES unified
business on the books Of the Carnegie Steel Com
many is between 100000 and $500e0 tons. tho lar
est amount reported in the history OF tho corpora
ton.
NEW MEMBERS OF STOCK EXCHANGE
Samuel Clay Lyons. OF Goldsmith. Wolf Lyons
and J. F. D. Lanier. Of Winslow. Lanier & Co.,
were elected members OF the Stock Exchange yes
terday.
SLOSS-SHE OBSERVATION-DISCLOSURES Steel ana
Iron Company has applied list on the STOCK Ah
change $2.50O.OOO additional common stock