New-York tribune., 1905-01-07

terror movement the banks gained net above s60o0
0oo while they also gained on Sub-Treasury opera
tions and receipts OF new gold. The loss or sola
exports was si.TOoO00.
NEW CANADIAN COAL FIELDS.-An ap2lica-
ton will be made at the meeting Of the next Brit
ish Columbia Legislature by the Fording valley
Railway Company for a charter for railway INTO
the Fordng River coal areas. The new Inc Win
leave the British Columbia Southern at the Junce-
ure OF Michel Creek and Elk River This will open
up the rich coal lands now being worked by the
Imperial Coal Company. The Canadian Paeinc
also has large coal holdings In that valley
GREENE CONSOLIDATED GOLDs-COlonel W.
c. Greene. OF the Greene Consolidated Colo COin-
pany. says that the operations at the company
property at Magdaen. Mexico. show Tor surface
dirt 40 cents to the cubic yard which is than
the expense of handling. Surface dirt as rule Is
valueless.
LAWSON SELLING.-The house most usually
credited with Lawson operations sold some $1,000
shares round the room in the course OF the aIter-
noon, paying especial attention to Amalgamated
Copper.
$500 EARNINGS INCREASE.-Gross earnings
of the Minneapolis St Paul and Sault Ste Marie
for the last week in December increased SSS'OeS
making for the month a gain of S11s.452 compari-
son being made with the same week year ago.
From July earnings have increased s5l7'5ol
NORTHERN PACIFIC.-The Northern Pacific
road has placed an order Of thirty thousand tons
rails, this years delivery. with the Illinois
Steel Company.
HALL SIGNAL COMPANY CONTRACT.-The
Hall Signal Company has closed a contract with
the Delaware and Hudson Company for the equip
ment Of it's entire line with the latest developed
system of automatic electro-gas signals manufact-
ured and installed by the Hall Signal Company
ERIE PREFERRED.-A. A. Housman bought
10000 shares OF Erie first preferred, advancing
the price to 1875 in doing He was the principal
buyer of the preferred stocks on Thursday, and In
some quarters got credit for Morgan orders
NORTHERN sECURITIEs.-The weakness in
Northern Securities on the curb a slightly un-
favorable influence and was due to the appeal TO
the Supreme Court. which had not been expected
Some Of the stocks the floor were heavy in sym
Pathy. although Union Pacific did not act badly.
APPLICATION TO LIST-Application has been
made to the Stock Exchange to list $4,000 addi-
tonal general mortgage bonds Of the Tennessee
Coal and Iron Company and $4,000 trust certificates
of the preferred stock of the Chicago and Eastern
Illinois Railroad Company.
NEW DIRECTOR AMERICAN COTTON OIL
Charles NJ Clark has been elected director OF the
American Cotton Oil Company to fiji the vacancy
created by the death of Charles F. Clark Mr. Clark
is director and treasurer of the Bradstreet Com
pany, director and treasurer Of the United States
Peltherage Company, trustee in the Washington
Trust Company and president of the Clark and
McMullen Company. electrical engineers
NEW STOCK EXCHANGE MEMBER-HaroId
c. Smith. Of Harris K. Smith of the firm OF
Thomas L. Manson & Co.. has been admitted to
membership in the New-York Stock Exchange.
Mr.. Smith will make his quarters with Thomas L.
Manson & Co.. No Il Broadway