New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-18
MINING STOCKS.
WALL STREET AID EXCHANGES

FOREIGN TRADING-Foreign houses dealt in
10000 shares in the local market. selling Is 0CO on
balance. In London government bonds were firm
while the general market showed Improvement. as
compared with the preceding day According 10
the cable adviccs received by foreign banking
houses, sentiment abroad is much more cheerful
over the outlook for higher prices in the London
and Continental markets than 1t was a week ago
bull enthusiasm being due to the belief that there
VIII De no international complications in connection
with the Far Eastern situation
EkIE'S BROAD MINDED POLICY-The strike
or Enc coal miners last week while over a COM
paratiYely trivial matter threatened for a time TO
assume rather serious proportions. This it was
prevented from doing only by the highest officials
or the company taking it of the hands of the
local officials and deciding to hear the grievances
of the miners The miners having stated their case
1t was conceded that they were not altogether in
the wrong and the matter was speedily adjusted
The policy at Ere headquarters in regard TO COM
plants of employees is to concede once that there
Is generally something in such complaints and to
investigate so as 10 find out just what this s 1t
may be a misunderstanding or 1t NAV be some
Il4h6 quite tangible, calling for q remedy and in
such cases the remedy is applied as soon as found
The men have come to recognize this and while
tneFe nave In the last been little troubles here
and there the relations between the Erie and its
employees IN all departments entirely AMIGA
bic While willing to make concessions in every
case OF just complaint the management can how
ever, be very firm should any number of It's en-
pioyes make arbitrary demands for trea trlent such
as Is not accorded to similar classes OF labor else
WheTe or such as the company could not in justice
to itself cOncede. The improvements which the
Erie conteInplates in the neighborhood of Chicago
include a large freight house on the outskirts of
the city and a roundhouse at Hammond. Within
the city Of Chicago itself the present terminal IA
cilities ample
SHOWS CROP REPORT.-Corn planting is de-
layed, and where accomplished termination is slow
and growth checked by cold and excess of moist
day-a1 0v1yra fc
NAL season and in the winter wheat belt is later
than last year. Rust appearance is scatterngIv
reported in the Southwest, not material but with
threatening possibilities. IN view Of retarded plant
development both in the winter and spring belt
which makes possible completion of life cycle OF
rust spores before wheat plant natures Through
the Central West water has stood on the low lands
during the last week. to the injury Of both wheat
and cats.
STOCK EXCHANGE MEMBERSHIPS.-Th last
Stock Exchange membership actually transferred
wa sofa Tor $4,000. There are three memberships
now posted for transfer, two Of which were sold
for $4,000 and for $50 600 There are two
members disposed 10 sell their seats, and would-be
buyers are negotiating, with the probability that
one or both Will be sold for $4,000.
BANKS LOSE MONEY.-The local s,Ib-Tra,s,,r,
gained on Tuesday SLIPS 600 making the loss OF
the banks since Friday S6s47.OOO In the same
time a week ago the banks lost 1894 600 The Sub
Treasury was debtor at the Clearing House YES
tcrday morning for $447,402
APPLICATION To INSTRUMENTATION has bear
made to the Stock Exchange to list $4S9C00 addf-
uona common stock of tie Twin City Rapid
Transit Company.
BUFFALO AND SUsQUEGANNA DIVIDEND
The Buffalo and Susquehanaa Railroad Company
has declared the regular quarterly dividends of
per cont its preferred stock and IL per cent on
its common stock. The former is payable on June
and the latter on July /
CORN PRODUCTS.-The report that President c.
H. Matthiessen of the Corn Products Company CON
templates retiring as president of the company is
discredited in official quarters