New-York tribune., 1905-06-22
{, 200 Total sales.
WALL STREET AND EXCHANGES.

FOR ETCN TRADING.-Foreign houses dealt in
10000 shares in the local market buying on balance
In London foreign bonds were heavy in places but
consols were steady and there was nothing in mar
ket movements to throw any fresh light on the
International situation. Money continues easy
abroad and seems hardly likely now 10 harden very
materially over the end Of the half year There IS
however an easier tendency in Paris exchange on
london which may render the situation little
doubtful. but developing French demand for gold
READING DIVIDEND INCREASED. - The
Reading company has declared senli-annual dlv1-
dend of 2 per cent on its common stock Ihis is
an increase of one-half of per cent over the last
preceding payment and places the stock on 4
per cent basis. The dividend is payable on August
I +o stockholders of record July IA. The usual
semi-annual dividend of per cent also has peeA oe
cIared on the first preferred stock payable on sep
+erber 9 to stockholders of record on August z5
The Reading company paid the first diV1deno on its
common stock since it succeeded the reorganizeo
pbi1adelphia and Reading Railway properties on
February l this year. The amount was l12 per
cent
Reading loaned fat the exchange yesterday
tho first time an active stock has loaned fiat in
long neriod. There is said TO be heavy short IN
terest IN the stock, part of which was put out yes
+erda1, on the report that the dividend rate would
be unchanged co .>r
CLEVELAND, CINCINNATI. CHICAGO AND
ST IOUIS-The stockholders OF the CieVeiaIio'
Cincinnati. Chicago and st. Louis voted yesterday
In favor of the plan for increasing the common
stock from 2S,70o0Oo to s4oc00,ooo OF the new
e+oc1x ssC0OOO is 10 be offered to all stockhoiders
~ mar to the extent of 20 Per cent of their hoonss
,gbi1e 81 zoo 600 will be retained in the treasury
AMERICAN STEEL FOUNDRIES--A meetihg
-. 4bo directors of the American Steel Foundries
company will be held on June e, Wnen IL Is eN
ected that definite action will be taken on the pro-
nosed bond issue. There is considerable gossip
bearing on the proposed reorganization OF the per
sonneI of the company, but no coiiiii VI '4e
reports be obtained
cITI,F AND SHIP ISLAND.-In May the Gulf
and Ship Island Railroad handled export lunDer
amounting to 16 472O feet For the eleven months
ended Nav 81 exports amounted to as.22S,7oo feef'
as against III 67 feet for the same period or the
preceding year -.
SOUTHERN PACIFIC-Southern Pacific direc-
tors have declared dividend of 81 per cent On the
preferred stock payable July II to stockholders OF
record June 26 This is the same rate as was de-
clared six months ago.
SUGAR PRICES REDUCED.-The American.
Howell and Arbuckle have reduced the price or
sugar 20 points, making 5.45 net less per cent for
cash Federal has made reduction OF % points,
making $40 net, without guarantee
AMERICAN ICE SECURITIES COMPANY.-
Application has been made to list $4,000 twenty
American Ice Securities Company the Stock Ex-
change
ONTARIO AND WESTERN DIVIDEND-The
directors of the Ontario and Western have declared
a dividend of ~ per cent the common stock.
dividend is payable July 81 out of the earnings
for the year ended June 80