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

FOREIGN TRADING-Foregn houses dealt /,
1000 shares in the local market buying 0aa II
London consols were steady but Russian bonds wsr
again very weak, losing full point at ssA. Cop
per stocks were depressed London expects taiFlr
stiff money rates up TO the end OF the year. ra
seems more hopeful that Berlin will be able to get
through the tight period without involving othsr
centers The settlement begins on Monday. and
may be expected that cOntango rates will rule st
although 512 per cent or per cent for iors-
night looks moderate compared with our 10 per
cent loaning rate.
MARKET GOSSIP. II Griesel and other trad.
ers bid up Tennessee Coal and Iron without finding
much stock. The woodward interest would Prob
ably sell OF its surplus holdings between the
present price and par but are not interfering Win
the market so long outsiders choose 70 make
1t strong on the small floating supply. The activity
was interesting as an example of the small effect
of dear money on pool operations. II was though
that there was some Kuhn. Loeb stock for sas
in Union Pacific above 100. but It not pressed
About the best of the buying in Brooklyn RAPID
Transit in the day was by Pearl & Co., who aFs
considered to have powerful affiliations In this
stock There is probably some short interest put
out on the result OF the election in Brooklyn. and
this tends to keep the price steady. The borrow
ers of call money at the prevailing high rates
comprise only a limited number Of houses
time money than they need, having made pro-
vision over the end of the year to avoid being
caught as they were in 1899. Missouri. Kansas
and Texas showed strength and was still scarce
in the loan crowd in spite of the high lending
rate. London appears to have been short 9
the stock giving the impression that the possl1S
change of control has led to the purchase
foreign markets of more stock than they nae .
deliver. American Locomotive gave some nae
If nd
support from the outset Traders ale decifeW
bearish on the stock, believing that the Foe
may be forced to unload They are doing wa
they can to break through the support There Ra
some selling of Reading on the early bulge y
Raborg Manice & Co. and other houses fornsfP
prominent in the buying London was tnousA
to be covering shorts in Southern Pacific IN ''
early trading. The selling was considered rails
good Opinion was much divided as to the u
auence of the high money rates. One active WIZ
house hitherto bearish advised its customers t1a
if the rate eased OF the market would rally snap
ly. while another with an equally large conneep
said that the market would not rally until sos
of the pools had been forced TO hqudate ae.
Brothers, who sold all around the room on Weeass,
day and Thursday, paid special attention 70 rem.
syvania and sold good deal Of that STOCK y
advances IL Content was hammerng unls'
Pacific.
movements of money this week indicate loss
cash held by the banks of 50. fl9id0 They feos'.s
from the interior $3,g7350O and shipped TO inc :.
terror s1oS65 800 including transfers tnroHsn 81
sub-Treasury of $l,SOa000 to New-orleans. -
to ST. Louis. $4,000 TO Chicago and SLos'l'e
tional bank notes sent to Washington as,,s ~
demption. The loss 10 the interior was 49, "a.
Receipts OF new gold were S7l0.S" nau.sis, - 7,
200 on New-York Assay Office cnechs' $NO'..s -,
San Francisco Mint checks and telesiap'e IS
fers and s294 30 on Seattle Assay once Co.
Ordinary disbursements by the Suo-ITe@Sy ...,ssry
SIS 5s9 500; payments by banks to the SUP -
for customs. internal revenue. per cent isU IN
ton fund etc were S20.@7,0eo The los9 ~ r.. 70
Treasury operations proper was Sa-o''"h rs.
tai loss to the interior and Suo-lreasU. -oe
S1 129 500; deducting from this recelp'S % ,oss
81 71O26o the net loss was SS,4lsr" nv ar,nt
TO the interior is the largest on TINS - vses
with the single exception Of the loss - N -. ,,,s
ended August II. which was only sl- - ID
IT, ,arsar nart of the shipments was y
South on account Of the cotton iio'
the West took nearly $20o2@"
COPPER ExPoRTs.-ExPorts OF copper ppSa,.s ~ ssa
month OF October were l','s4 toIS rs t,,rts fra
os 5s5 tons for the same period in 1904 & ~ tss
Ia,,,,ar, 70 November aggregate ASfso
cornnared with sG55sl for the same tns cs-
,eo4 The indications are that exports IV an tss5
rent year will show decrease oi ''V
compared with those of lsoi-
APPLICATION To LIsT--Applicatioh ,ss Is- stcs
,,,ade 10 list the following securities on '- "a.
Exchange: westchester Lighting oonp.HI. poaas /
coo additional first mortgage per CEN. cen. ssxss
Ie5o Detroit. Toledo and Ironten Hal'".' ,sr esss
general lien and divisional moE'sas. ...,a-tpass y
bonds of 1855 s26s5e0o consolidated n.ss sfoA
csrt bonds Of 1850: $4,000 first prefsF's
and q coo ooo secon0 preferred stock. ri;
sToRKMa,or BnnyEM @P Hooper general PASSENGER as s
The Denver and Rio Grande, is thin slns ..n.0 = ~
ing the well known catch phrase tne .s-ss rnan'
20 ..1,be stork Line" Within the ias' "a. asd ss
four babies have been born on Dsns e.a,ra ops u
Grande trans-two IN the Kosai - eonsiasal
lehhsrsyu Ten snTprsIns TO relate. ouly one in iaA
anu er.IN ~ EXPORTS ~Brads,rest's, rspos, s.s' s
ei.ais a. xnor,s So fo~ The week. s5s,is osae.r