New-York tribune., 1905-08-16
MINING STOCKS.
WALL STREET AND EXCHANGES

FOt'EiGN TRADING. Foreign houses deslt q,
10000 shares in the local market b5-f1a. eo non =
London Conscis were firm at 9f7s. an advance -
Is. Foreign bonds were fractionauy higher C,,-
per stocks were cuiet ard the mining r,a-ts.
rather heavy Money for the zettler7zrr ,-.,,f-,,
abundant and should be plentiful for m I4se+ >
month to come The Ba nk Of England should he in
very strong position as it is at present get
ting all the gold in the open market
MARKET GOSSIP-In Union Pacific I've ra,.-
lest buying was by Clark. Dodge & Co. who -oo,
upward cf 10000 shares in the first hour 7-la a.
trlouting sales from Pine-st appear 70 have baa7
suspended for the present. IN spite OF tho s7-,l.
teo broadening Of the market. there was a good
deal Of manipulation in sreciaIties O7a 49,
with loo shares Of American Smelling no sell .
the market when the stock was apr9~a7-,- s--,,,
at 1909 only got 130Is for the stock -r r4a
man House following took profits and was r.-ls-
oearlsh- Ilsy say that the short interest e r-7e-
tcaliy eliminated, while the bu1 acco,,-- fs s-.+
tered and vulnerable to raids -ta rr.,e.-..-,
attached @ good deal OF f-7o0-,ancl To rr, l.,-,.
selling or stocks around the room Or he Maven q
Townsend This house was credited with tha r--a
ouylhs ci ontario and Western for Kuhn Loeb
& GO ON the frs- movement f7 that stock 5r-,
ths and other ctrcu1nstaEces traders believed 4,r
banking interests We're distributing rf. +-r,,..-,
IN Colorado Fuel appears to have been part Of. the
general strength in the Gould stocks and vss nor
considered important by the traders Arbitrage
houses mostly went home long os the market
probably fair amount Of Missouri Kausas end
Texas also Some Of the best buying IN the hitter
appears 70 be traceabje 20 cable orders.
STANDARD OH. DiTIDEND.-Th- STANDARD on
Company has declared quarterly dividend n s
a share This compares with 50 fo~ the preceding
quarter and $ for the corresponding quarter Iesr
year. The cornpany has paid divjdeads as fln0gs
for the last fourteen years. 1881 1S- pSr cent
year. 1881. 81 per cont 1877, s. per een-; las 30
per cent; 1882 g Per cent; 1S0o. fS rc~ cent. S Is
r,a- e.
per cent. and so SO far in 1905. A comparison of
The dividends declared by the company so lsr this
year with those in the first three quarters OF 1904
appears 10 indicate Increased earnings LAST wear
the first dividend was 70 per cent the second uer
cent and the third Per cent a total IF SO The
payment in the first quarter OF the current year
VAS Is per cent, per cent less than iu the cor
responding quarter OF the preceding year The
second dividend was at the rate OF per cent. an
increase Of per cent over the corresponding period
Of last year. and the third dividend S rer cent an
increase OF Per cent over the August quarter %
1894 The dividend i'm the last quarter OF 1s0i qras
per cent. total OF IS per cent for the year. II
would appear from dividend payments 81 far tlis
year that disbursements 70 shareholders in 1916 viii
be slightly in excess Of the preceding year
DIVIDEND To BE RESUMED. dividend
on Chicago Great Western preferred A stock viii
be resumed in February when the payment for
the preceding SiS months VIII be declared The
great crops in the West insure heavy earnings
FOR the Great Western fu the coming wear NeEc-
tiatons for the aCqt isitou of rh property bv one
of the granger or Faeisc systems .n,y he resumed
at any time.
MOVEMENT OF NONEY-The Sub-Treasury
transferred yesterday for local hanks SN1ta 70
New-Crleans. The banks lost on Monday SLvsoooa
in part account Cf the S5e.e9o transfer tn Chi
caSO. Since las Friday however, the loss is only
sS29C10. and the Sub-Treasury was a debtor az no
Clearing House yesterday morninS for Sf-6E
Last week the banks lest 10 the Sub-Tre2sUry Up
to the close OF business on Monday N0S@o