New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-18
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
$1,000 shares in the local market, selling 10000
shares. In London consols were heavy at s1A,
decline of u per cent, and Russian bonds were de-
pressed both in London and Paris. The uncertain
outlook for the Russian loan and the further
reverses in Manchuria had unfavorable influ-
ence. The general market gave evidence OF profit
taking. Money easy and in very light demand.
No hardening of rates is anticipated until the end
of the month. when the Paris settlement and the
quarterly dividends should make for sitter rates
ST. LOUIS SOUTHWESTERN.-So of the
close observers of the market have noted recently
a quiet but steady accumulation OF st. Louis
Southwestern preferred. The dealings have been
averaging considerably than the usual ac-
tvity Of the stock. and the price has sold we'll
under reactions in the general market. and has
rallied all favorable phases. 1t is said good
authority that an announcement may be expected
TO be made at early day of character to in
crease the dividend prospects this stock.
Enough is known to justify the assertion that
substantial bull movement in st. Louis South
preferred is developing Irrespective of the
specific news. which, it is understood. will become
public before long, attention has been attracted
to the property by the progressive course of it's
earnings for year past. and which IS expected to
be pronounced than ever this spring.
RAILWAY EQUIPMENT ORDERS.-"The Rail-
road Gazette reports orders for railway
equipment as follows:
American Car and Foundy-East st. Louis and
suburban 200 gondolas; Indianapolis Abattoir Com
Shore Lines, 100 gondolas: miscellaneous orders s
Pressed Steel Car-Big BEND Coal Company. 100
steel cars; Lake Shore and Michigan Southern. 1900
Locomotive-Elgin. Joliet and Eastern. ten loco
indiana 50 locomotives; Lehgh Valley. 20 iocomo-
tives. Baldwin Locomotive Works-Buffalo, Roches-
ter and Pittsburg, locomotives.
GRAIN EXPORTS "Bradstreet's'' reports the
exports of wheat, including -four for the week at
1857 bushels. against 1856 bushels last week
and 2606124 bushels last year; since July 1853 1O4
0OOO
ISAIAH bushels against 1857 O6 bushels last week
and 157S2 S9 bushels last year; since July l. son $40
bushels, against 4S540.SSO bushels last year.
NETWORK STOCK EXCHANGE HOLIDAYS.
"A petition is expected to be circulated by the
members of the New-York Stock Exchange to OBJ
serve Good Friday April q. and Saturday. April O.
holidays
CURRENCY AioVEMENT-The reported move
ments Of currency this week Indicate a loss of
ST. 75610O in cash held by the banks They received
from the interior $1S6 400 sent to the interior
$685. 500 including S2762 800 national bank notes 1o
Washington for redemption The loss to the in
terror 81 4S71O0 The total loss to the interior
24S7.1oO and on Sub-Treasury operations proper.
S10767.500 S3,2O 600; deducting the gain from
new gold s.44s.5Oo the net loss was 81, 7561Oo
PIG IRON CERTIFTCATES.-Pig iron certificates
at the New-fork Produce Exchange opened steady
to shade higher but there were no sales Ouota
lions on the call follow: Cash and March, SIC 5OqS17:
April and May. SIG 60Q$16 90; June SIS 5Oas17; JuIv
SIT asked Closing quotations follow March s6 506
SIG 80; April. SIC 6OQsl6 rs; May and June. SIG So9
SIG 80; July. $6 5Oq$16 80
STOCK EXCHANGE Observation-Disclosures
has been made to the Stock Exchange to list S. 295
VO additional first consolidated mortgage per cent
bonds of 1852 of the Atlantic Coast Line Railroad
Company and 81 100000 non-cumulative per cent
preferred stock and s3OOO0OOO common stock of the
Kansas City Southern Railway Company
CHICAGO. HAMILTON AND DAYTON NOTES
The a5OOOG0O AZ per cent collateral trust notes
sold by Redmond & Co. not offered to the
public, but were disposed of entirely to the firms
customers inside of five hours
BANK OF GERMANY WEEKLY RETURN-Tbe
weekly return of the Imperial Bank of Germany
shows the following changes: Cash on hand in
creased S8900o0O marks; treasury notes increased
$4,000 marks; other securities increased 67S0OO0
marks: notes in circulation decreased II $50 600
marks.