New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-26
WHEAT.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
$4,000 shares in the local market buying 10000 shares
in London. The general market was irregular
Ccnsols were firm. but Japanese bonds were a little
inclined to sell off uncOnhrmed ruuors of the
defeat of the Japanese feet. The Bank Of England
did not change its rate. but made a remarkably
strong return. showing a higher proportion OF
reserve to liabilities and large gain in bullion on
the week. Money was easy and apart from the
settlement demand at the beginning Of next week
Is likely to continue So The rally IN our market
ought to help the settlement and the frrner tone
in the Kafir stocks will have favorable influence
in Paris
DUN'S WINTER WHEAT Observation-Disclosures
70 Duns Review" from branch Offices OF R. G.
DUN d Co. IN winter wheat districts indicate that
prospects are bright for q large yield. IN some
states the acreage has been reduced voluntarily
or because OF adverse weather at planting time
but elsewhere there Is an increase OF 10 per cent
or more so that in the aggregate there is con-
sloraDiy more space devoted to this crop than in
normal year although possibly not much as
IN the previous season, when conditions at the
start were unusually good While there IS much
complaint Of excessive rain recently the last week
mas Drought better weather. on the whole and II
IS not certain that any serious harm has resulted
In many cases the abundance OF moisture IS CON
sidered advantage. Some injury, from r,,st ana
insects has occurred, but not more than is Gus
tomary. and the present situation averages better
than usual
UNITED STATES srEEIA-The rate at which
porting steel products Of all kinds since January
apparently justies the statement that It will sell
In the markets of the world this year more than
100000 tons.
DELAWARE. LACKAWANNA AND WEST
EHN.--The earnings Of Delaware. Lackawanna and
Western for the first four months of the current
year Appropriated 1915 per cent on the SIC 200 900
capital stock exceeding those of any corresponding
period IN the history Of the company
APPLICATION TO LIST-The P1ttsburg Coal
Company has applied to the Stock Exchange TO LIST
@o'o'So additional preferred stock and 50 200 400
common stock The Pennsylvania Railroad Com
pany has made application to list S1O6 500 addi-
uOnal capital stock
AMERICAN CAR AND FOUNDRY-The direc-
tors OF the American Car and Foundry Company
have declared a dividend OF l-6 per cent On the
preferred stock. payable on July / instead OF the
quarterly dividend OF ia per cent ordinarily pay
able on August l. in order to make the dividend
periods and the fiscal periods end at the same tie
The dividend OF l-6 per cent is at the rate OF
per cent year for two months
AMERICAN SHELTERS SECURITIES COM
PANY.-Kuhn. Loeb & Co. announce the closing CT
the SUBSCRIPTION to the per cent guaranteed pre-
ferred stock. series 'B' Of the American SmeIters
Securities Company. The subscription he's been
successful large part OF the amount offered hav-
ing become absorbed for legitimate Investment and
the bankers have row advanced the selling rr'ce
for what Is left par.
WHEELING AND LAKE ERIE-Ths following
officers were elected at the meeting OF Wheeling
and Lake Erie. F, A Deano president s. A
Worthington. vice-presldent; A. W Krech vice
president; H. h. Henson. secretary and treasurer.
MIR. Delano succeeds Joseph Ramsey. IT,
ST LOUIS SOUTHwESTERN EARNINGS
Earnings OF the St Louis Southv.ast,,, for the
third week In May show a rim ~ sa7 200 making
from July a gain OF 81 099. SG4. comparison being
made with the same time "a year ago
RUBBER GOODS MANUFACTURING ad-