New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-14
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses were not
active factors in the local market selling only u 00
shares In London consols were heavy and the
general market was irregular. There was no news
from the Far East or anything specially disturbing
in the international political situation but the
possibility of naval Developments over the end of
the week naturally induced realizing as part of a
policy OF conservatism. Money was easy enough
and is likely to continue So
THE COTTON ACKNOWLEDGEMENTS to .1-ha
Financial Chronicle the total receipts Of cotton
for the week ended May II reached 14s SIS bales
against 209 last week and 1853 32s the previous
week, making the total receipts since September l.
1901. 8690,592 bales against 69276g7 for the same
period of o. showing an increase since SEN
TENDER l. 1904. of 1852 SS5 bales Reports from the
South indicate that while the whole the weather
has been more favorable during the week, rain has
been quite general. and there are complaints of ex
cess Of moisture from portions of Texas Arkansas.
Mississippi and sections in the Caronas At some
points where the crop up grass is claimed TO DO
troublesome. 1t is furthermore stated that the wet
weather has interfered with planting operations
Advces from Alabama are as a rule very salts
factory
COTTON EXCHANGE NOMINATIONS
nominating committee of the New-York Cotton
Exchange has presented the following candidates
for the offices to be filled at the election: For
president. Walter c. Hubbard: for vice-president
Henry H Wheeler for treasurer Albert l. Roun-
tree; for managers, Lamar Flemming Hermann
Hagedorn. John f. G.. Higgens Charles W Lee
James F. Maury Richard \. Springs Edward NJ
Weld, Fred e. Story. James ". Wenman James
Riordan William Witherspoon. William p jerks
Frank II. Virgins. John Grierson and Charles A
Shearson; for trustee OF the sratuity fund 10
serve for three years, Otto Arens
NANDALIA CONSOLIDATED BONDS -SnAyer
Co are Offering at 1882 and accrued interest the
unsold balance Of 100000 Vandalia Railroad con-
solldated mortgage per cent gold bonds of 1861
interest payable February and August The bonds
have been listed on the New-York Stock Exchange
The bonds are already first lien on the line from
East St Louis to the Indiana State line 15S miles
and from Logarsport to Butler SO miles and are
subject to only $4,000 gold bonds on the remain
Ing mileage. Consolidated bonds are reserved to
take up these prior liens
BANK CLEARINGS-The total hank cIeoriros
OF all the clearing houses the United States for
the week ended May Is were $2526. 5Il 9i6 against
S26Ssl069 in the preceding week and 81 996 400 si9
the corresponding week last year
REPUBLIC IRON AND STEEI.-The directors
OF the Republic Iron and Steel Company are ex-
pected to meet this month. and it Is likely that the
question OF rcsuming dividends on the preferred
stock will be taken up for consideration. All the
plants of the company being operated to their
utmost capacity.
BIG FOUR-The Cleveland. Cincinnati Chicago
and St Louis will spend about $4,000 for new
equipment out Of the proceeds OF the S2 900 900 new
stock to be authorized May 81 The new equip
ment Will consist OF fifty locomotives and three
thousand freight cars.
PRODUCE EXCHANGE ExPENsES-More than
one hundred members Of the NewYork Produce