New-York tribune., 1905-04-19

FOREIGN TRADINCi.-FOreisu houses dealt ia
5000 shares In the local market buying on balance
IN London consols were shade easier. and japan
ese bonds were rather heavy. Markets all round
were idle, ard there was a general disposition to
wait for the result Of the expected fighting in the
Far East. The new japanese bonds were lower a.
"a per cent premium. Money easy and plenti-
ful IN spite OF the Paris demand for gold, which is
still an important factor.
THE DRIVE AT ST PAUL. AND UNION
PACIFTC--Union Pacific and St. Paul were sub
jected 70 pressure by the same interests tha.
forced the break in Northern Securities on the
Broad-st. curb. Two brokers. one OF them repre-
senting the heaviest borrower OF Union Pacific. ap-
peared in the Union Pacific crowd shortly after
opening with selling orders for several thousand
shares and competed with each other in their
efforts to execute these selling orders They offered
this stock down from 134 to 132 and on the way
down stop orders on fractional scale were reached
ST. Paul at the same time hammered down
from 1915 to 1S4 The buying OF ST. Paul was OF a
wholly different class from the selling. being OF the
strongest possible character OF the orders be
ing executed by Strong, Sturgis & Co, H B. Hol-
lins & Co. and Dominica & DOniRick-
AMALGAMATED DIvIDEND-The declaration
of a so dividend by the Boston and Montana Com
pany, the 10000 shares of which are substantially
all owned by the ArnaIgamated Copper Company
fOreshadOws. Il is thought. the declaration of at
least 81 by the AnlaIgamated directors on Thurs
day As there are 1.5500O0 shares OF AnaIgamatsd.
the Boston and Montana dividend Will practically
pay the entire SI55O.O0O required for Amalgamated
stockholders should the 81 rate be ordered The
present Is copper market makes il possible for
the Aynalgamated directors at this time 20 pay
even more than 81 should this course be deemed
advisable The proceeds from the Parrot ard
Anaconda dividends should stiu further add to
treasury resources
SUGAR TRADES HOLIDAY.-Ths American
Sugar Refining Company and 3. H. Howell Son
& Co. as well as Arbuckle Brothers. viii close
theiF saiesroOms Good Friday. April p. and Sat
urday. April % This means close holiday in the
sugar trade on those days The Coffee Exchangs
will also be closed on Friday and Saturday. and
business in the spot coffee trade Will be practi-
calIy suspended the last two days OF this week
MONEY MARKET OUTLOOK--FrOm all indica-
tons the turn in the money market appears 20 have
occurred. and it is the general opinion IN banking
quarters that rates Will work toward further casa
for the next month or six weeks Funds were being
offered with considerable freedom yesterday. and
while rates were not materially changed from
Mondays quotations. the tone OF the market
rather easier
STEEL Rail. BUSINESS ISIPROVTNCs.-A rep
resentatve OF the United States Steel Corporation
said yesterday that there decided improve
ment in the steel rail business. and that the ton
mage would undoubtedly show materially larger
at the close OF the year than anticipated early
in the year.
STANDARD ROPE AND TWINE REORGAN-
IZATION-It is understood that some slight
changes viii be made IN the details OF the STANDARD
Rope and Twine Company reorganization plan. so
that the official announcement OF tho same IS Ike
Iy to be delayed for a short time.
ST. LOUIS sOUTHwESTERN- OF tbs
ST. Louis Southwestern show for the second week
in April an increase Of $5s.4a2. making from July
a gain OF sS9751
CANADIAN PACIFIC'S EARNISGS-Earnings
of the Canadian Pacific FOR the second week IN
April show a gain OF $500 making from July !
gain OF $S.S15,4s2.
WESTERN HOUSES SEI4LERS-Ths Western
houses sold over 10000 shares of various stocks IN
yesterdays market.
GOLD FOR SAN FRANCTSCO.-There was de-
posted at the local Sub-Tre9sury yesterday $4,000
for transfer to San Francisco.