New-York tribune., 1905-08-12
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses dealt IN
10000 shares in the local market, buying So'oW
shares In London consols were steady. ana there
were no important changes in foreign bonds. Cop
per stocks were firm. but less active. There was
no feature In the mining department Business
generally tended to contract IN view Of the set
tlement beginning on Monday. Money has been
slightly harder abroad on account Of calls on
new issues and other special reasons. but the OUT
look is for easy rates well into Septsmbers when
the Bank OF England will make the usual fall ad-
vance in its Indications in financial circles
abroad that peace negotiations at present IN
progress will be successful.
MARKET GOSSIP.-In the first hour the best
feature was the decided Improvement in the voi-
ume of commission house business. The aggregate
OF sales was larger than the preceding day, and
the business done by twenty houses IN enc
stock instead OF three four. The market IN
fact, is beginning 10 get a public into IT, 1hs
most popular stocks for bull speculation were the
New-York Central. ST. Paul, Union Pacific, AtchI-
SON Erie and the Steel issues. There was some
movement among clique brokers 10 unload where
the buying broadened. but their stock was so Wei
taken that they turned round In many cases. An
early movement in Chicago Great Western was
probably in process OF incubation. The stock has
been picked up lately by people who have been
buying II as quietly as possible and have Incl
dentally taken all the stock they could find In
Amsterdam and London. The heaviness IN the
United States Steel issues accumulated BY
q
foreign account The WesternerS seemed to be
taking profits there and concentrating their forces
on the railroad stocks. In the early afternoon the
market was broad and active, with a better vol
ume of trading than at the corresponding time OF
the day for "A long time past. Strength seemed
10 be based less upon clique buying and more upon
the general activity OF commission houses than 1t
has been since early in the year. A A HousInan
& 60 were responsible for the advance in South
ern Pacific preferred. buying most OF the stock IN
the market and bidding the price up without muen
difficulty There is good reason for thinking that
as long as the stock is held IT is at present II
is not likely TO be retired at lis. c. ID. Barney &
Co. and other active houses not usually identified
with operations of small cliques and syndicates
were among the heaviest afternoon buyers OF
Steel common. Wassermann Brothers, who were
buying the stock freely early in the week. sold
about 10000 shares
MOVEMENT OF MONEY.-The reported move
ments of currency this week Indicate a loss in
cash held by the banks of $lOs9.0O0 They received
from the interior s. $3.50 and the interior
So 500 including S250ooO transferred through the
sub-treasury to New-Orleans and s., 900 Ma
tonal bank notes to Washington for redemption.
The loss to the interior was $4,000. Receipts OF
new gold were 81. .S04 2O0. namely. $5S10O0 on New
York transfers and s64 900 Seattle assay checks
Ordinary disbursements by the sub-treasury were
$19.777SOo. Payments by the banks TO the sub
treasury for customs and internal revenue. per
cent redemption fund. etc, were 81, 11.Oo0 The
loss sub-treasury operations proper was s., 49,
200 The total loss 20 the interior. $4,000. and
sub-treasury, 81 200 200 Dedueting
the gain on new gold OF 200 the net loss was
s1OssOO0. Gross receipts from the interior showed
a. further falling of. while the shipments to the
interior increased largely
RAILWAY EQUIPMENT-''The Railroad Ga
zette" reports new orders for railway equipment
follows
The Mexican Railway has ordered so cars and the
has Orfia
car from the Pullman company. The Buffalo
and susapehanna has ordered 10 eHnp R ears and the
from the Rodger Ballast Car Company The Hill
caFs cass from the Haskell { Barker Company Ths
Arms Palace Horse Car Company, Of Chicago.
The Atlantic Coast Line has ordered 15O fat cars
from the South Atlantic Car and Manufacturing
Company The Omaha. Lincoln and Beatrice IS
reported to have ordered eight PASSENGER cars for
ordered 800 box cars from the american Car and
from the Harlan & Houingsworth Company
The Colorado and Southern has ordered 200 In
goldsby automatic dump cars from the Pullman
company and also two dining cars. The New
orleans and has has ordered 50 Hart con-
Company. The Kansas City Southern has ordered
from the American Car and Foundry Company.
The Mddletown Car Works have received an order
steel frame cane cars for use in cuba The Gull
Refining Company or Plttsourg has ordered 100
Steel Steel Saq compsny The s H. HICKS SomDanT
booked Macarthur
Brothers Chicago: four fat ears for the Marysvile
and Northern. and Is fat cars for the AppaIachi-
cola Northern The Ttdewater has ordered no
box from the Western Steel Car and Foundry
Company in addition 10 orders recently reported.
and 20 dump from the Rodger Ballast Car
Company The PENNSYLVANIA Refining Company
has ordered two tank cars from the Rettendorf
Axle Company. The Archer.Danie Linseed Com
pany has ordered two steel tank from the
Bettendorf Axle Company. The Chicago and Alton
has ordered 800 gondolas from the Pressed Steel Car
Company This is in addition to orders recently
reported. The .Appalachieola Northern has or
dered three locomotives from the f. Nj. Hicks Com
pany.
TENNESSEE COAL AND IRON.-whHe Ten
nessee Coal and Iron officers are not inclined 10
say just how much is being earned the common
stock at the present time. they admit that the
earnings are more than sufficient TO paw the Der
cent dividend which Is being paid on the COM
mon stock II Is the policy to issue no statement
or earnings other than the annual report which
VIII not be forthcoming until next spring
GRAIN EXPORTS Bradstreets'' reports The
exports OF wheat, including -four. for the week a.
seS~2 bushels. against 104l.6e6 bushels last week
and IzSSss bushels last year: siacs July l. 2S 64
bushels. against 7.Sa6.7Tl busheis last year Corn
bozst bushels. asslsst l0l3.ss Bushels last week
and SsSZ23 bushels &st year; since July1. $500 10,
sssheIs against ara. lSi bushels last year.
SANADlAN WHEAT PROsPFCyra -Tha fy,,,