New-York tribune., 1905-12-30

with the corresponding time & year ago Fr5-
July gross earnings increased over 81 per cent
ANACONDA STRIKE NO MYTH-The ssnsa
tionai advance in Anaconda has caused certats
firms 20 inouire aH to the truth Of the statenens,
that a great strike has been made in the mlrs
Replies received indicate that the reports has,
not been exaggerated. prominent brokerage
rp: has received information that the vein cross-
cue in Anaconda and encountered wednesday IN
the <!eversweat about seven hundred feet from
the Anaconda strike is even higher in copper ana
silver than the original strike. It is said that
Il shows Il per cent copper.
GRAIN EXPORTS FOR THE WEEK.-'Brad
streets reports the exports Of grain for the vsak
with comparisons. figures In bushels. as follows
Wheat. four included. 344S24s. against 4434S2 las
week 9sl14o in this week last year. 291523S In tss
and 3336.206 IN 1892 from July l. e5SO.27s compared
with "a 1891 last sS15O7s6 In 1893 and r.
C52 rs In 1892 4sO ss5. coutrasted with 30sss
last week, I5s2342 In this week year ago. 92sJss
in 1903 and 25Sz542 in 1902: from July l. IS 1854
against 55oo354 in 1901 z6Z3 iSs in 1853 and 106zs7
in 1902
BIG ORE LAND DEALT was announced yss-
terday that the International Power Company hsd
closed one Of the largest deals for lands ths,
has been made in Alabama in the last tweuty-avs
years. This purchase covers nfne miles Of rich ora
beds, the averaging. /; is said. about per cert
more than the Birmingham district. This gives ths
company. IT is stated. possession of 1000 03-
900 tons, which with its recent purchase Of erav
Alabama Consolidated Coal and Ore Companv
make 4 total o. 100000 tons Of high grade ore
HOLIDAYs.-The New-York Cotton Excharr.
and the Coffee Exchange will be closed to-day ala,
the Liverpool Cotton Association and the New-or.
leans cotton market. All the American and for.
eign exchanges will be closed Monday The Liver.
pool cotton market and the Paris and Antvero
grain markets will be closed Tuesday also
NETWORK AND QUEENS ELECTRIC LIGHT
AND POWER COMPANY.-Divtdends on the New
pany preferred stock will. il is said soon be re-
sumed The earnings. notwithstanding the sever,
cut in prices ordered by the last legislature are
growing rapidly that the directors now feel a.
sured of the financial position Of the company
TO INCREASE UNION PACIFIC COMMON
DIVIDEND.-It is reported on excellent authority
that the directors OF the Union Pacific Railroad
Company have decided TO place the common stock
on a per cent dividend basis the next meeting
which occurs in January. The report that Morgan
interests control the property IS about again
TENNESSEE COAL AND IRON SHORT m
TEREST INCREASED-In the last week OF dear
money there has been considerable selling short Of
Tennessee Coal and Iron. Observers OF the loan
crowd estimate that the short interest has been
creased by thousands Of shares.
NEW BANKING FIRM FORMED Gustav e
Kissel. heretofore special partner in the banking
house of Kinnicutt & Potter and prior TO that
time senior partner of Kesser & Co bankers
Of this city. and G. Hermann Kinnicutt. heretofore
Of Kinnicutt & Potter, have formed a copartner-
ship under the firm name Of Kissel. Kinnicutt &
Co with offices at No I Nassau-st
RUMORS ABOUT STEEL FOUNDRIES
strength of American Steel Foundries stocks and
the increased interest IN them have been accom-
panied by rurnors that control Of the property is
being negotiated for the United States Steel Cor
poration.
RAILWAY STEEL SPRINGS-Directors Of the
Railway Steel Springs Company have formally
authorized the issue of S45O0OOO fifteen year bonds
at 3 per cent