New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-09-19
WALL. STREET AND EXCHANGES


-. ,rT1c-Foreign houses dealt IN
- -, 80. IN the local market. buying loet" II
london consoIs were rather heavy ooc 'al3'
issues were firm. Copper STOCKS were - -
tho mining market very dun IAe-e
sI,a a, business in all Departments Money VS.
- +s4- dar,and but should rule easy enough Al
r,re1aiTfnr rates until the end OF tne rnorln-
+ha arrival of gold IN the open Hasrksl go
further imports here may be expected Oul Il
-o+ay-or+1z- that London considers our power g
- 80 - --As41r 70 be very limited II there
ra-a much doubt on the point lar gold would have
worked higher before now
MARKET GOssIP-s. Schuyler & Co we're about
trA most conspicuous buyers Of Reading on 'he
first advance but the active houses to some e1-
tent followed the movement Wire houses VINO
influence a good deal OF public business when
there IS any Ike J. s. Bache Co, were aovlSln5
the purchase Of stock the rise for 70 mere
was some good selling Of American Smelling n ne
forenoon both by A Eckstein, the specialist ana
Van Er,burgh & Atte-bury. who have neen a
times very active on the bull side. The Gates fol
lowing sold Pennsylvania under cover o. me
strength in Reading The buying Of United Srates
STEEL common BY a Q. Brown Co. gave -aluabls
support in that stock Il was noteworthy however.
that thew were able 70 secure upwards Of loeo
shares ard another house nearly as many without
advancing the price more than an eighth CON-
mission houses AZ present ara undoubtedly borrow
ing very little money either from banks or the
trust companies. Some OF them report that the
latter are not anxious 20 make new loans The
decrease in loans in the bank statements n the
last two weeks possibly indicates the reason The
Point was passed around that Illinois Central was
% be advanced. and 10 extent Il made coed
There is an idea. especially among the uptown
traders that movement in Southern stocks gen
orally is overdue and that something Of the kind
is be expected now that the yellow fever IS we'll
in hand. Wasserman stood IN the Canadian Pacific
crowd and bid as opportunity offered On one
cason a. least he seemed 10 get more stock than
he wanted An old bull account n Southern Pacific
vas realized during the DAY. L involved mos Of
the sales in that stock
PIG IRON CERTIFICATES we're no
sales o. pig iron certificates the first call az ne
New-Iork Produce Exchange yesterday. but fuu
prices were otd for regular and foundry. Quota
tons fer regular on the call follow: Cash. IS %
IS *: September. SIS Es9S1 %. October. rs "a
SIS 81: November KS 406$l5 =; December SIS sc
IS 81; January and Februarv SIS 5a9st5 %: March
IS 5oGSS Prices for foundry on the call follow
September, SIS g bid October. Is aa6S5 .: Nover-
ber. SIS 419sl5 S; December. SIS @7S5 $: January.
S5 5o9sI5 %. February and March IS 9GS1s On
ths second call yesterday tons Of November reg
ua- were sold 81 SIS 81 10 points better than Ire
morning bids The whole market closed firm Clos
ing quotations for regular follow: Cash KS so
SIS IS September SIS 31GS15 81 October SIS So6S s.
November 81 4aGsl5 =: December SIS 06S5 IS jan
uary. SIS 4nqx5 IS; February, SIS 5nGs5 -: Ma-ch
$-5 5o9Ss Final prices for foundry follow: sep
tenbeT SIS 259S5 IS; October, SIS SoS15 3: Noyen,-
Der. SIS a1qN5 $; December. SIS 4o9N5 q: January.
SIS 4'gS-s; February and March. SIS 5c9Es
DENVER AND RIO GRANDE-The annual re-
port Of President Z. T JeHery shows large II
crease il earnings ard important expansion Of the
system By the construction OF the Western Paciac
Railway. Prosperity, increasing business ne-
earnings, construction CT important branches into
new territory. and an expansion Of The system IN
general. which will make It a line % paramount
way affairs. are the pith Of the annual report Of
Z. 7. Jenery, president OF the Denver and Rio
Grande Railroad, which has Just been made public
The total earnings fer TIE fiscal year ended June
80. 1875, were g QSI5e 3, increase OF SSS OF .
over the preceding year- The operating expenses
were lo.l6s.a6o e. being Increase OF Sll05Is &
and the net earnings were SSs625S - an increase
OF s47455S - The percentages Of increase were IN
gross earnings. SO: in expenses. 11o and in net
earnings. Is The commercial growth OF The coup-
try, the marvellous richness ard DEVELOPMENT Of
the great Pacific Coast territory and OF The foreign
trade tributary thereto and the acquisition OF the
tines Q: the Southern Pacific company By q line
in competition with the Denver and Rio Grande are
some Of the reasons assigned for the building OF
the Western Pacific
ERIES MAGAZINE-Tha September number ~
The Erie Railroad Employees Magazine. p" making
the seventh copy Of Volume 7 is filed with inter
estllg reading matter, not only for the employees
OF the Erie but for the general travelling public
as well Among the entertaining articles is one
By the coupany's veteran conductor. John VI. Gar
rison. dealing With the early DAYS of the rad.
when the first lire from Jersey City TO Paterson
was the wonder - North Jersey. Although the
has been il existence only few months.
great interest Is manifested IN it by all the thirty
I'VE thousand loyal employees % Americas Oldest
trunk lire
CANADIAN PACIFIC--CanadIan Pacific RaH-
road officers at head ofices say that Offer has
been received here for all the conPauys lands and
add that Canadian Pacifc intends holding al lands
and dIsposing % them 70 settlers only
SUGAR REDCCTION-American. Howell and
Arbuckle or ~ points. making graduated Sc less
special rebate OF points and per cent for cash
Federal OF points. at ~. less per cent for
cash
GOLD IMPORTs-No engagements OF gold for
Import were announced yesterday 4 special cable
dispatch from London said that an 900 gold had
been purchased IN the open market ;here for ex-
port 70 New-York- Two or three houses are nego-
tiating bat they are unable 10 predict whether
they EiII ~ successful or NOT.