New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-03-30
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
10000 shares IN the local market, all purchases In
London consols were unchanged. and foreign bonds
did not reflect in any way the numerous peace ru-
current Copper stocks were frmer and
there was attempt to mark up the Kaflr
issues on the approach Of the Paris settlement
Money in good demand. and is likely to con-
tnue so into next week.
EQUIPMENT COMPANIES Officers OF the lead
ing equipment companies estimate that the bust
booked this year by the various companies ag-
gregates about s150o0ooO0 and this amount will be
considerably increased prospective orders are
received. This business is divided among various
companies. principally American Locomotive, Bald
win Locomotive Works, American Car Foundry
Pressed Steel Car. Standard Steel Car and a few
small companies. Practically all of the equipment
companies are booked ahead for months. Most Of
the Inquiries that coming in for new equipment
are for rather early delivery.
THE CANADIAN RAILWAY EARNINGS IN
CREASE-Growing prosperity in the Dominion Of
Canada is reflected in the earnings of the Canadian
Pacific Railroad. For the month of February gross
receipts Of this company showed gain as COM
pared with the period year ago, of s5142 49,
and net earnings increase Of S219,63O For the
first eight months Of the fiscal year gross earnings
increased S3115.6S9 while net earnings increased
s761345, the relatively small gain in being due
to the policy Of the company to spend large
amounts from gross receipts on the physical con-
dition OF the property. In the last four years
gross earnings Of the road have increased upward
Of 100000, and the industries Of Canada in
line for further material expansion it is easy to
why Canadian Pacific shares being absorbed by
investors
MARKET GOSSIP-The strength in the 800"
issues due buying by local and Canadian in
terests. the same buyers taking Canadian Pacific
The advance in the Wabash debenture BIS of
nearly four points represented buying by insiders
and by interests who seeking to obtain ad-
yantageous terms for the retirement of these
issues. Standard Oil brokers were active buyers
throughout the list while the so-caled uptown
ment was identified with the bull side St Louis
Southwestern preferred was taken by well in
formed buyers, and higher prices were predicted
According to Street gossip New-York Central
Union Pacific, Canadian Pacific and United States
Steel preferred will be among the leading strong
features in the near future.
PIG IRON CERTTFTCATES-Regul pig iron
certificates opened barely steady. There sales
OF one hundred tons Of April and Of two hundred
tons of February. Prices on the call follow: Cash
and March, Sl6.5oqS6so; April sl6.40Qa66O: May
SIS 20; June and July ST asked. On the sec
ond call business dull and prices par
TALLY easier. There sales. Closing quota
lions follow: March. S6.40QS16e0; April 1850
asked; May $780, June and July, ST asked.
GREENE COPPER DIVIDEND.-On the curb
the next dividend on hundred shares OF Greene
Consolidated Copper stock sold at 3T15 cents
on rumors that the dividend would be reduced.
RAILWAY STEEL SPRING DIVIDEND OUT
LIOOK.-There is said 10 be a movement on foot
among a number OF the directors OF the Railway
Steel Spring Company looking 10 placing the COM
mon stock OF that company on a per cent diVi-
dend basis
AMERICAN STEEL FOUNDRIES' GOOD BUSI-
NESS.-The March business of the American Steel
Foundries Company Is said by high officer of the
company TO be the largest in its history, both in
respect to output and net profits.
GALLATTN BANK TO ENLARGE BOARD
The stockholders of the Gallatin National Bank
have voted 10 amend the articles of Incorporation
so that the bank may increase its board OF d.
rectors from eight TO fifteen.
A CORRECTTON.-Quotati in the regular
bond tables yesterday for the American Thread
Company bonds those OF the American To-
bacco Company bonds. There were dealings IN
the Thread bonds in Tuesdays market. Theae
Issues are quoted In the neighborhood of Ss.
NATIONAL BANK OF NORTH AMERICA
Edward B. Wire. lately assistant cashier has been
appointed cashier Of the National Bank OF North
America, vice Alfred H. Curtis elected president