New-York tribune., 1905-08-26
r.rL STREET AND EXCHANGES

-,pEIGN TRADING.-Foregn houses dealt in
:, <hares IN The local market. evenly distributed
S~,sor Consols were a trifle easier. Foreign
-,ssa a rather heavy showing This is per-
s'aD ,,nortant the first evidence OF any hesita
bSp !, tbe foreign confidence In peace copper
n'- -e-e easier. Money was IN moderate demand
H's and is likely 10 harden a little in view of
-a.tlernent next week and the general tend
ne :, credit at the time OF year. A good deal
sne N the result Of the peace conference, and
iu,4 definite assurance on that point foreign
N,-x decline 10 prophesy.
h..epKrT GOsSIP-The evidence that the
y aid on Reading and Union Pacific had a
- shop origin was inferentially rather good.
pa ,s q powerful ring OF those institutions in
- england and another with its headquarters
ne ,-.v-York The selling orders came from
rs suspected of doing that kind Of business
-rs n The heaviest buying on the break was
y Iipper q Co.. who took about 25 900 shares
- the room and Wolf Brothers, who were
s,.es with the purchase Of Il, 900 shares Mis-
- Kansas and Texas preferred was noticeabiy
- advancing against the general market cur
The position in the stock is not strength
- M the fact that very speculative Western
-. Is credited with the buying. but there is
n = an early dividend a i per cent basis
s-srsible quarters. The earnings amount TO
>, than 9 per cent on the preferred. and il
rs probable that the large European inter
ysu exercise its influence in favor Of a divi-
- Il =. Eckstein. the specialist appeared
~ 10 take all Of the Erie preferred stocks com
- 70 market on the early break. Traders who
80 been selling short are apparently concerned
,. about individual merits than the state OF the
h~r account For this reason they prefer to go
ss1-t Of Union Pacific rather than Missouri Pa
rsc and are selling Erie and United States Steel
= vs-v moderate developments OF strength. Some
bssr account would probably give the market a
r,os neal ~ needed strength. The buI point on
Pacific Mail is SAID TO have respectable believers.
rbs movement in the stock would be in line with
ne recent strength IN the Hartman issues and the
buying appears ialr
MOVEMENT OF AIONEY.-The reported move
,ens ~ currency this week indicate loss in cash
be3d hv The banks of 81 650.50O They received from
ne interior s. 20 and sent TO the interior 755I-
a, including S1ae5o transferred through the Sub
T-ese-ry 10 Ct-caro. S0Ce0 so transferred TO New
orleans and s. l709o national bank notes sent to
Wsslfraror fo~ r53emption. The loss 10 the in
ts-ior was zES50 Receipts Of new gold were
& s.a s3 namely $500 on New-YorN Assay Office
checks zsl SOD 1a san Francisco Mint checks and
,elsrrauhc transfers and SS5S, 100 Seattle Assay
OFcs checks. Ordinary disbursements by the Sub
r,fasurv were S--.Sl..7Q9 Payments by banks 10
,rs ssl-T-eas1-y for customs internal revenue. .
rs- cert redemption fund. etc, 81, 4si ooo.
Tie lass o, Srt-Treasury operations proper was
spr-saa Tire total loss 10 the interior. 81 500
ana to tac s. Treasury S267S.5l0, was $3.50 500
rr5aeting t.s eair 10y new gold Of SssoSco, the net
l--s vas 3 .5's3j.
s~sNDAID ROPE AND TWINE.-R Receivers Of
-i,s sand1fl Rope and Irvine Company are max
,rg aious 10 have the properties Of the COM
,-r Eut To- at foreclosure sale CT an early date.
Tysr sra .- present ia Boston looking over one Of
tbs -T.r.s and ID IS understood that as soon as
l---rrar.as ara taken and other matters Of detail
caar.. .a lue sale win be advertised It IS quite
probable lhat me Union Selling Company. which
saa1 ar eaIlire agent for Jhe Standard Rope and
Tv.,. Company VIII now 90 out o. business
PENNSNLEA-IA RONDS-The bonds called
fr1n The Pennsylvania convertible bond syndicate
a. stated TO amount 20 % per cent Of the total or
&. aa.e10 Additional bonds viii be called next
waek The syndicate is finding a satisfactory mar
k, for the issue both here and abroad. The listing
q Pennsylvania in Germany is advanced as one OF
the reasons Tor the confidence with which foreign
buyers are investing in the bonds.
GRAIN EXPORTS S-Bradstreet's reports the ex-
ports of wheat. including -four, for the week at
lI76340 bushels. against I.O5S.5l9 last week and
0SsS33 last year. Since July ], 7,l7l5o4 bushels
against l8 fs151 last year. Corn. gsI 2o4 bushels
against -.l--.a5S last week and 465e4b last year
Since July J. S0s4.447 bushels, against zoaSSs last
year.
CANADIAN PACIFIC-The Canadian Pacific
cr0g bulletin says reports are the most satisfactory
ever received AZ this time OF year and II the
Hea- her continues favorable Tor q IeW Gays the
wnoe crop VIII be assured.
COPPER PRICES HIGHER,-Au grades Of cop
per nave been advanced 1sc on bid prices. Exports
OF copper for the week ended August a were 4.2tJ
tons making for the first three weeks OF the month
to,al exports Of 1850 IONS
MONEY FOR CROPS-The Sub-TreasUry trans
fe-red yesterday FOR local banks 500 900 10 Chicago
Gnd S-5-.sy 10 New-Orleans