New-York tribune., 1905-01-31
WALL STREET AND EXCHANGES.

FOREIGN TRADING. - Foreign houses were
traders in the local market to the extent of $4,000
shares of which the greater part represented pur-
chases. In London there few important changes
in government issues or home rails Russian bonds
fairly well supported The Paris demand
for gold continued active but there was no change
in foreign discount rates.
GREENE CONSOLIDATED.-"Th Boston News
Bureau says: We regret to report that the thirS
attempt of the Amalsaslated Copper COMPANY to
make good by the absorption of the Greene Con-
solidated Copper Company has proved a failure
The attempt to make good by securing the Henze
properties at low price in Montana seems further
away than ever. In fact, Amalgamated has met
two severe defeats to its plans in the opening
month of 1863 The practical result of the
Lawson attack on Amalgamated was TO have been
the securing of Greene for Analgamated and
friends of E. II. Hartman say that at one time he
felt that he had control for the Anal
gamated. but events shortly to be announced will
reflect the defeat and disappointment OF the Anal
gamated people"
CANADIAN PACIFIC IMPROVEMENTS
Canadian Pacific directors propose to spend up
ward of $4O00,0c0 in betterments this year The
larger part will be given over 10 the West The
contract for the second track the main line from
Fort William TO Winnipeg will not be announced
for days. Five hundred miles of new stand
ard rails will be laid between Montreal and Van
coUver in the year. Bridges will be replaced and
renewed grades improved and terminal facilities in
creased In every way possible the intention is to
work toward the shortening Of the passenger time
tables on the main stretches. and to add to the
equipment for handling freight in general and wheat
from the West in particular.
PIG IRON CERTIFICATES AT PRODUCE EX-
CHANGE.-Plg iron certificates at the New-York
Produce Exchange opened duh, but UNCHANGED
There were no trades. Quotations follow: Febru-
ary, SIG 20 asked; March, April and Nav s1s 5olo
SIS 49, June S16 SO asked; July SIG 80 asked CLOSING
quotations follow: January S17 10 asked. Febr1ar,-
SIG 4Oq$6 SO; March, April ana May, $l6 5Oa$16 10:
June. SIG 60 asked; July. s16 50 asked
IRON AND STEEL EXPORTS.-The total ex
of iron and steel for the calendar wear epda
December 81 amounted to $l2S SOB 613 This corr,
pares with $9 1S5 Sf5 for the calendar wear 1902 ~
96OS6 for the calendar year 1902 The steel rail
exports amounted to 41tS45 tons. valued at sI0 ss1
80, as against 50656 tons. worth Sss7 779 in tQos
The exports of all kinds of iron and steel for n,
cember totaled No.Ss9SOS. against ss,s5S.11s in
December 1908.
BIG DEMAND FOR BONDs.-A large Stock F,x-
change house reports that within the last few,
weeks it has disposed of bonds to the amount of
S0J0OoOOO. a large percentage of the foregoinr
amount was sold by men employed by the arm 10
canvass prospective customers in cities outside of
New-1ork. A representative OF the house said that
investors are so well supplied with surplus funds
that comparatively little difficulty is experienced
iE disposing OF gi6-edged securities.
IttON AND STEEL IMPOhIS-Iron ANA sfeei
imports Tor 1904 amounted TO $2L62Ls7O. as against
S41-oSS0i in 1865 ana S446SS25 in ISv2 The nha
imports were valued a. $l6l5SS9 as a.ainst :, = "a ~
70
IN December. 1913.
BUHLlNGToN.-The S2s2aOco Chicago. Eurnng-
Ton anu quincy Illinois Division per cent bonds
uue jury l'i9' otered by Lee. Hgginson * Co. Of
Boston ana Clark. Dodge q Co. of Neyy-Yorz. N a
price to net per cent est hay q h. on ta-e,
oversunscrlued Ooth N New-York ana Boston.
MARKET oPINION.-The so-called ttorr,,,,,
House crowd considered the Northern secrri,s M
cislon bear argument. basing its ide1s -. -
theory shat tne long drawn out case has been
opened for indefinite period and ~ -
deals affecting various railroads will he ma -,
until hnal settlement is reached in ,bo 80 - Up
Securities matter '0'H
SUB-TREASURY'S BIG CREDIT ~.
Treasury was creditor at the Clearinc 1r9'4--
81, ,723 on account OF Il check of tho g., -
ehc Railway for the amount of its note due 10 ,ba
United States on February in part sett,S ~ '"e
it's debt for aid in constructing the road -
KANSAS CITY SOUTHERN.-Tba bast
ton on Kansas city Southern is still that tba
preferred stock will be placed on per cent h.s
after the dissolution of the voting trust in AnrIl
It is denied IN well informed quarters that tha