New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-28
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
less than lGc0 shares in the local market mostly
sales. In London money vas wanted. owing to the
maturity OF block Of treasury bills and consequent
renewals. Discounts were steady. with hardly any
business recorded. There was some further uquida-
ton for Paris account in the KafIr market II vas
understood that the account OF big firm OF specu-
lattve brokers was being closed out.
ANACONDA minority interest n Anaconda
says:
The fact that we decided not 20 call for proxies
place on the nth inst. does not mean that ths
rights We merely concluded TO wait Until July !
when the company has TO file its annUlI report
Show RAJ AToHonds saII a Ia I w
share. I also led 10 believe that the Is cents a
share dividend paid on the 18th Is 10 be q quarterly
dividend winch the company Is 20 pay from now
This Viii put Anaconda on a s per anEun ossis
which, although in measure satisfactory, Is oy
means entirely so. the company IS earning,
per annum over and above all construction charges.
AmaIgamated is being traded IN At about So
Ncw-York exchange at Slc4 10 sll2 for four shares
II this IS not a farce. have never known 81 one
Anaconda stock is certainly cheaper az SO share
than Amalgamated. OF which o9e-Ealf the entire
share II Anaconda IS Eot worth any more SL11
81 or S27 a share what will become OF the $1,000
l u t1c5 u s5Srea believe The reoSIe owning
Anaconda should not be impatient and that they
wi 6nabciaIiv in better condition thai: it las
ever been in its history
THE COTTON OBSERVATION-DISCLOSURES 70 This
Financial Chronicle" the total receipts OF cotton
for the week ended May IS reached 1851 bales
against ISs SIS last week and 1885 the previous
week making the total receipts since September :
1904 s.9l5495 bales. against 81 for the saTns
period OF 1850 showing an Increase since sep
TENDER / 1904 OF 1874 bales. Reports from tAe
South Indicate that rain has fallen IN most Us
~r,1 TNa rail-
beel rather heavy in some districts II IS claimed
nat -bera has been too much rain in many local.
itias and there are complaints OF grass ana WeeoS
PIC. IRON CFRTIFICATES.-Pig iron certificates
puened dull and featureless for both regular ana
foundry No transactions were recorded FiAA4
prices for regular follow; June 81 % asked July
81 g asked: August N4 20 asked; october and No.
vernbe- 81 ~ asked; December and February 81 u
asked Final quotations for foundry were- June
So &Gx5 IS July and October. So 2egS5 60; FeoFu-
ary SIS +cQSI5 70
ONTARIO AND WESTERN DIvIEEND.-Prest-
dent Charles s MeI!en Of the NeW-iork. New
Haven and Hartford says:
1t Is true that Il dividend viii be declared upon
the stock Of the New-York. ontario and Western
In June. cannot state what the rate per cent ,ea
will be and the dividend when dec445ei must No.
be taken as the basis Of future clVloei'1s-
RANK CLEARINGs-The total bank clearicss
Of all the clearing houses OF the United States Tor
the week ended May 2 were s2;71613 % AGAINST
81 726. 7IOSSS in the preceding wees -1 N-''S''-'
in the corresponding week Iast year
To, ISSUE NEW STOCK-The Toledo and West
am railway stockholders viii vote on June p on
a nroDositioa TO issue $4,000 twenty-five year
nor cent bonds and $4,000 new stock The ROAD IS
electric. --,,- 80
ATD FOUNDRY CO3IPANY--It IS understood
mt an order has been closed with the American
co. and Foundry Company for LOO goAdo-a cas-
for the Japanese government