New-York tribune., 1905-12-14

in spite Of the strength OF the market One o, ta,.
reported that Il refusing orders in Tenness.
Coal and Iron altogether. and exacting a Vs.
heavy margin well kept up in the other acttys =
dustrials. Arnalgamated Copper sold at par for tb
first time in four years making good on the nros
ecy current when the Lawson $100OOeOO hear nooI
that stock and Shelters was formed during az
summer. No one believes that the SlOoo006S -
ever subscribed but traders say that there ara 80,
some Boston shorts David Guggcnheirn fs sata
have told his humber following hold their 49,
lean Smelling for I75 and to take profits abovo -.
figure without waiting for 200. which price b
ever. is talked of. c. d. Barney & 60. who bonss.
1000 Steel common on Tuesday. were again -.
substantial buyers.
ANACONDA's QUOTATION.~-In connactio, ,,,.,
the advance in Anaconda stock the fact shouI6 ~.
be lost sight of that the par value Of the &c., =
only S25, and that the New-York quotation rr..-'
less than $50 Il share for the security. As III. co.
pany has the largest amount Of mining claims =
the Butte Mountain, and il has large ar,o,
of cash in its treasury. it is not unlikely ths, 81
stock will sell at over $50 share. or 200 for ,s
New-York quotation. In 1900 the stock was cr,.a,
at so share and that price is more justia.s ro-
than it was five years ago, owing to the fact tba,
the property is worth mora money at present b.
more money In it's treasury and Is now handling g.
at less cost than over before IN its his,or-
SECURITIES LISTED.-The following secrr,,.,
have been added to the Stock Exchange list C,..
amount Of S125OO0OO. due in 1855 $1,000 addIton.I
first mortgage per cent coupon bonds o, 1901 a.
The New-York and Richmond Gas Comoanv. s5s.
200 additional preferred stock and ST. o47 0oO addt
common stock OF the Philadelphia COMPANY. q -.
09O first refunding mortgage per cent 10O-vss- -
pom bonds of the Missouri. Kansas and Texas Pau
way Company; slS12.7Co additional preferred sto,y
of the Denver and Rio Grande Railroad Cou,pa1v.
81 400 600 first mortgage guaranteed coupon bonds
of 1893 of the Lehgh Valley Coal Company: 80 Mo
additional first consolidated mortgage per csnt
coupon bonds Of 1928 of the Nashville Chattanooga
and St. Louis Railway Company; S40GoO00 first mort
gage per cent thirtyyear coupon bonds Of 1895 %
the keystone Telephone Company. OF Philadelphis
and s67s5 0oO additional capital stock Of the Mer-
ican Central Railway Company,
CANADIAN PACIFIC LAND SAIES-In tbs
month Of November the land department OF ths
Canadian Pacific Railway made the best showing
of any fall month in the history of the road sales
being particularly heavy in the district OF sas-
katcheHan. The average price an acre was g.
against 81 80 last year. Total sales sincs July
were 515,42O acres, amounting IN valus to ssS5R
against 14514 acres, valued at $53 $50 in the saus
time in the preceding year. The sales Of vaucou-
town lots in November amounted to SSzz@
against s4s 500 In November. 1904 Since July ths
value of the sales in Vancouver were Sz5En, an
increase Of $1oo, $40.
TWENTY-CBNT CoPPER-WhIs the copp.r
metal market is nominaIly quoted at 1ss91Sac fo~
much higher The Treasury Department Tuesday
bought 5000 pounds Of electrolytic and lake COP
per for coinage into one-cent pieces at 1854
pound. delivered in Philadelphia. ESQ at ths
dealers yards. A large electrical equipment man
ufacturer bought carload Of electroIytic copper
at 20c pound. and this stands a record for the
time being II verifss the prognostication made
a month ago that we would have 2D-cent copper
before the close Of the year. Exports OF copper
for the first eleven days Of December from this
port were $3.50 tons
AMERICAN CIGAR COMPANY DOUBLES
CAPITAL.-The American Cigar Company he's fled
q certificate with the Secretary of State OF New
Jersey increasing its capital stock by 100000 10
$4,000 0dO Of which 100000 IS cent cumulative
preferred The new capital is all preferred stock The
proceeds Of the S1OOO0O0 per cent cumulative pre-
ferred stock will he applied to the working capital
of the company. Between 20 and 70 per cent %
the Sf0On0.00O common stock of the American Cigar
Company is owned by the American Tobacco Com
panv The balance is closely held by prominent IL
terests in the tobacco organization The new pre-
ferred stock will be offered to the common STOCK
holders ar par, and it is confidently expected tnat
the entire amount offered will be promptly taA'n
There will be no public offering OF the stocE
KANSAS CITY SOUTHERN--Kansas eay
Southern interests IT is reported, practically nave
decided in favor Of issue of notes TO provid9
funds required by the road for oetternnents an'
improvements. It is understood that these notes
will run for five or ten years, and that the issue
will be S51oo000, which will be offered 70 the STOCK
holders up to 10 per cent of their present holdings
The outstanding stock amounts 70 $5)elo.0 con-
mon and s21 900 coo preferred Both classes O.
stock will participate in the right to subscribe to
the notes.
STRUCTURAL STEEL. ACTIEE-The buying
movement in structural steel is more pronounceu
than it has been in many months Within the
last two weeks more than 1900 tons mas Ose'
placed including 1900 tons for the Pennsylvania
Terminal in this city. and 5000 tons for the Brock
lvn Rapid Transit COMPANY
STOCK EXCHANGE SEAT AT NEW HIGH
LEVEL.-A seat on the New-York Stock Excnanes
has been sold $ssoOO. This Is the highest price
ever recorded comparing with ss5,000 the last pre-
ceding sale.
PORTLAND RAILWAY BONDS ALL SOLD
Redmond & Co. announce that the entire Issue o.
s. 900 of the first and refunding mortgage ge
- L. sub