New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
1900 shares in the local market selling balance
In London cOnsols were rather heavy, but there
marked improvement in Russian bonds. The
Bank of England did not change it's rate. Money
continues very easy abroad. London reports only
a small speculative position in stocks. Copper
stocks continued weak but the general market de-
veloped no great activity The bank return was
remarkably strong one, showing high proportion
of liabilities. with substantial gain in
bullion for the week
BALTIMORE AND OHIO EARNINGS.-Earnings
OF the Baltimore and Ohio in the month of Febru-
airy made encouraging gains over the same month
in the preceding year, despite the fact that the
month was one day shorter than in 1904. while
weather conditions this year poor for large
railroad traffic. Gross income increased s1Os SIS.
operating expenses decreased S3s 121 and net
ings increased s147.s79 making increase in the
last item of 965 for the eight months of the
fiscal year. The Baltimore and Ohio's prospects
for large earnings in the balance of the year
bright. The road is in better physi-
cal condition than before in the history of the
company, and a consequence of the vast i'm
provements on the various lines it is able to show
Il constantly increasing proportion Of gross earn
ings i'm net returns
COLORADO FUEL AND IRON.-The bondhoId-
els reorganization committee of the Colorado Fuel
and Iron Company has fixed April 10 next as the
date when stockholders will receive their pro rata
of the bonds and stocks under the old reorgan-
izaton plan. All the stockholders of record
April entitled to subscribe in the proportion
of their holdings the basis of s1Oo bond and
500 of stock for each $50 paid the subscriber pay
ing the interest. Holders Of 100 shares of
stock will be entitled to subscribe 10 bonds. par
s655S. and stock par $,S11 paying in cash S247
and interest from February l. 1915
CANADIAN PACIFTC.-The Canadian Pacific
Railway Company reports for the six months ended
December 81 last Gross earnings S27,152O22: work
ing expenses. SlSOc7275 net earnings, s9.144747;
other income. 1854 4CS total net. 49, 7Os.155; fixed
charges ,964,557; balance. S. z+45sS six months
dividend preference stock G per cent?. S757O76;
six months dividend ordinary stock e per cent?.
payable April l. 1906 s25S5 coo: surplus S3452.531
PIG IRON CERTTFICATES.-Pig iron certificates
opened dull and generally lower. There
sales. Quotations the call follow: Cash As509
81; March. SIS 5OQsl6 so: April, SIC 5oqs16 90; May
SIC 50gSl6 so: June and July, SIT asked On the sec
ond call prices were steady: 100 tons of May were
sold. Closing quotations follow March, SO 5cqS6 co.
April. SIC 5SG$l6 co. May. sic 6oas6 9O June and
July. SIG 60GS1T.
NEW STOCK EXCHANGE MEMBERS.-Mei-
willie D. Marbin, a brother-in-law of c. G. Gates;
George NJ. Woolsey of Trippe, Schuyler Co. and
c. Hunter Brown were elected members of the
Stock Exchange yesterday.
BANK OF ENGLAND DIvIDEND.-At the half
yearly meeting OF the Bank OF England yesterday
a dividend of Az per cent declared. The net
profits for the six months ended February IS were
s. 291. AS.
INTERNATIONAL PAPER--The International
Paper Company has applied to list 100000 addi-
tional sinking fund consolidated mortgage per
cent bonds of 1885 on the Stock Exchange.