New-York tribune., 1905-06-17
WALL STREET AND EXCHANGES.
STOCKS,

FOREIGN TRADING-Foreign houses dealt in
5000 shares in the local market. evenly divided IN
London consols we're rather heavy, but there was
no change in the foreign bond market. The Kaff1r
stocks were inactive and featureless The uncer-
tain Franco-Cserrnan situation gave rather heavy
tone consols and it's possible effect In causing
movement of gold from London to Paris tends 10
restrict business abroad. 1t is not thought that
there will be any suspension Of hosttes IN the Far
East until the peace plenipotentares actually get
together Money seems likely to harden little
abroad toward the end of the month
RAILWAY EQUIPMENT-"The Railroad Ga
zette'' reports orders for railway equipment as
follows:
ported to nave ordered fifty cars for electric ser
vice The United Railways and Electric c91Panyo; a ogo
of equipment The government railroads OF the
Tgntne rR RPq90 tbe mdetoWn af9 Car works The
Huntington and Broad Top has ordered nItyCCsIx SIX
sIahoFF% snd Foundry Company The Denver, Enid and
Gulf has ordered seventy-fye box cars ron e9e
and Western electric has ordered five hopper DOT
Foundrv Company. The Mexican Railway has or
dered one hundred box cars from the the Puinan bn ian
dered go wooden hopper bottom gondola cars % OF
10000 pounds capacity from 5ars6 a; nine 1assenger
Iocomotives and nine switching locomotives from
Messenger and six of the switching locomotives are
for the Hooking Valley. four passenger ana 0LI
switching locomotives are for the Toledo aho oIo no
Central and passenger locomotives are Tor the
Kanawha and Michigan
RUBBER MERGER OPERATlVE-lt is onlclal-
lv announced that the plan under which the United
states Rubber Company acquires control OF the
Rubber Goods Manufacturing Company Is declared
operave 176 PAT shares of the stock of the Ruoper
Goods Manufacturing Company having assented
,i+bir the time allowed to exchange this stock for
that of the United States Rubber Company. The
amount of asserting to the plan is more than
ST per cent, the amount necessary TO make II OPP
erative
rfed
rnents of currency this week indicate gain in
cash held by the banks of $724,S0 They received
from interior $5706,7OO and sent to the interior
"a S33 800 including 100000 transferred through the
Sub-Treasury New Orleans and 81 2Sl 900 national
bank notes to Washington for redemption The
gain from the interior SS2 800. The total gain
from the interior S87290O. and new gold 4OS1Oo.
was SS2S1 600; deducng the loss to the Sub-Treas-
ury. 81 500 100. the net gain s724,SOO.
COLORADO SOUTHERN.-The stockholders of
the Colorado and Southern Railway have voted to
issue $100 100000 mortgage as security for bond
issue of that amount. the money to be used in ex-
tending line the Gulf of Mexico, paying for
Cripple Creek short line the Trinity and Brazos
Valley road and possibly the Colorado and North
western which the Colorado and Southern is pre-
pairing acquire.
DULL DAY IN STOCKS-EIiminating the deal
Ings in Reading stock transactions in yesterdays
stock market were the Ightest of the year. In the
first hour of business all records for dulness were
broken The activity in Reading accompanied
by report that the directors Of the company had
met and had increased the dividend on the COM
mon stock to per cent. There was no meeting OF
the directors. but there will be one next week at
which an increase of the dividend rate may be
made
NATIONAL ENAMELLING.-The weakness In
National Enamelling due, it was said to pool
liquidation similar to that in Steel Foundries in
the recent past. Traders expect something of the
same kind in one two other issues where the
o-cAlieo insiders are not in a position to face
period of extreme dulness
GRAIN EXPORTS FOR THE WEEK-''Brad-
streets reports the exports of grain for the week
with comparisons. figures in bushels as follows.
Wheat. flour included, 6SS.017 against / 47s $40
last week. 2.044251 In this week last year a. GIT
AS in 1908 and 3.S60.4S4 in 1902; from Juv so
69o,2S7, compared with 131 .472 712 last wear 1ss
S7S.436 in 1903 and 24O,76O,557 in 1902; corn 5os
Os9 contrasted with 1,1OS146 last week 2sS COS in
this week year ago. 1.OS9 1858 in 1903 and 100 a7e
In 1902 from July 1. 76592311 against so GA $40 In
1904, 64299.7sS in 1903 and 24,6sss72 In 1902
COFFEE EXCHANGE HOLIDAY.-Membsrs of
the Conee Exchange have voted to close the ax
change Monday. July s
APPLICATION TO LIST.-The American Cotto,
oh Company has made application to the Stool,
exchange to list 100000 Az per cent gold de-
benture bonds. due 1915