New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-10-12
WALL STREET AND EXCHANGES.

FOREIGN TRADINCf.-Foretgn houses dealt IN
25000 shares in the local market. all purchases III
London. The general market was firm without
very much feature. Copper stocks were rather
harder. Consols were unchanged. Trading in Lon
don is now for the new account, terminating Octo-
Der q, this is the first day Of the fOrtnghtly
settlement Money rates were fairly stiff but
probably easier than most peopls had expected at
the beginning Of the week. The Bank OF England
4 per cent rate seems to be effective, and there
is disposition consequently to regard the outlook
for money improving
MARKET GOssIP-Traders say that the selling
Of Missouri Pacific is persistent and looks good.
They do not like the questions raised on its owner
ship Of Wabash stock, and report very poor sup
port from the Gould brokers. One OF the influences
on foreign sentiment leading TO buying Of
copper stocks here was the advance in the Rio
Tnto dividend. As the best trade authorities say
that the strength in the metal IS legitimate and
not the result of American manipulation, this
should be a strong bull argument on Amalganated
Copper and other copper stocks. One Of the stories
on the floor was that Delaware and Hudson was to
be guaranteed a 10 per cent dividend b. SOMEBODY
else The folly of the stockholders IN accepting
such guarantee when q per cent is being earned
on the stock without counting the equity OF IN
developed ore lands. would be only one degree more
marvellous than the rumor. About the best buying
in Pennsylvania was by Day. Adams & Co., who
took 10000 shares This one Of lie stocks sold
by c. H. De Witt & Co. who were fairly heavy
sellers on the early advance all round the room
Active traders of the class seemed TO be
putting out stock. The early advance in Chicago
Great Western was said to be based upon q bull
point current among the active spectators who
make their headquarters ct the Waldorf-AstoFla
The old rumor of getting roads with strategicaI
advantages in the rate position out Of the way was
revived. with some success in this stock AT the
close the market disposed to rally little but
showed very substantial decline from the high
prices Of the forenoon. The best support seemed
do yvh0 Ia sold opening
bulge and were covering their shorts to even upon
the day.
The Gates following IS said TO be less actively
buIIish than few days ago Arbtrage houses were
rather more inclined to buy stocks than to sell
them over night Their sales on orders from the
London curb at midday caught the top OF the mar
ket. and their purchases on the chance OF a rally
before our opening were therefore very well pro-
tected.
certificates at the New-York Produce Exchange
oDaned steady Foundry was Arm and consider
abIv higher There were sales. Prices on the
coll for regular follow: Cash $15 5Od$16 october,
SIS 5oC7s15 90: November. $15 509Sl6o5 December.
SIS Is asked; January. s6 S5q$lS 80; February
s15 sass so Quotations the call for foundry
follow: october, November and December, SIS 75Q
SIG %: January, SIS bid; February, A6 10 bid. On
the second call there was moderate trade in reg
Mar and prices firm. Foundry was dull, but
firmly held. There were sales Of 100 tons each of
cash october and November regular at SIC. Final
prices for regular follow: Cash and October, SIS
bd November, Sic 80 asked: December. S1sGS16 so;
January SIS 90 asked; February, S6 70 asked. Clos
ing quotations for foundry follow: December.
SIC 90 asked: January. SIS 60 asked: February.
SIC 70 asked.
TALK OF EXTRA DIVIDEND ON PULLMAN.
Reports that an extra dividend OF 20 per cent
will be declared on Pullman company stock at the
annual meeting. October 10. were declared prac-
tcalIy without foundation in local semi-of1cial
financial circles yesterday. 1t is said the matter
rests in the hands of Marshall Field. who has
given no intimations of his plans and wishes in
regard to this matter. Mr. Field is travelling IN
Europe
HALL SIGNAL. ACTIvITY.-Hau Signal sold on
the curb yesterday at 90. Those who are familiar
with the affairs OF this company say that 1t is doing
a business at this time three times larger than at
any preceding period in its history
NEW WESTERN UNION DIRECTORS-Stock-
holders OF the Western Union Telegraph Company
have elected Harris c. Fahnestock and Thomas H
Hubbard directors. succeeding a. r. Brewer. re-
signed and the late Charles Lockhart.
COTTON EXCHANGE HOLIDAY.-Menbers Of
the Cotton Exchange will petition the managers to
close the exchange on the Monday preceding Elec-
ton Day
SECURITIES LIsTED-The following securities
have been added to the Stock Exchange list: A.7Z7
800 additional common stock of the Cleveland. Gin
cinnati Chicago and St. Louis Railway Company:
coupon bonds Of 1910 OF the Louisville and Nash
Vile Railroad Company; So. 900 hfty-year per
son. Topeka and Santa Fe Railway Company;
&s4lO9 additl9naI hrst ret9nahg , aortSase per
Pacific Railway Company; $1,000 nrst, S2eS2ttO
cent coupon bonds OF 1915 Of the Central Georgia
Railway Company $4,000 additional first ConSoli-
of 1852 OF the Atlantic Coast Line Railroad Com
pany and S50ooO00 per cent coupon bonds OF lso2,
Louisville and Nashville collateral OF the Atlantic
Coast Line Railroad Company.