New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-27

FOREIGN TRADING.-Foregn houses dealt in
10000 shares in the local market. buying on balance.
In London consos were lower and the general mar
ket was depressed on tho death Of Baron Alphonse
de Rothschild the head of the French branch of
the family. Contangoes on the Kaftir stocks at the
mining settlement begun to-day were light indi-
eating a small speculative account open. Money
was in fair demand, and is likely to be wanted for
settlement purposes both in London and Paris in
the early days of next week After the turn Of the
month, however, general ease is to be expected
MOVEMENT OF MONEY.-The reported move
ments of currency this week indicate gain In cash
held by the banks of S72S,3O0. They received from
the interior s53902O and sent to the interior s. 49,
500 including 1000 national bank notes to Wash
ington for redemption. The gain from the Interior
was As6S,3O0. The total gain from the Interior
$,s5S.3o0. and gold. 600, 800; de-
Quoting the loss Sub-Treasury operations proper
s2.12o6oo, the net gain was $733SO0
SOUTHERN IRON CONDITTONs.-Man
urers report that the Southern iron market has de-
Veloped considerable strength over the last week
and that there has been advance of Is cents and
in some cases 80 cents a ton over the minimum
quotations for No. 2 foundry. While Southern iron
has been generally quoted at S13 a ton it Is known
that sales have been made below that figure An
improved inquiry for foundry iron has set in but it
IS not believed sales Will reach large pronortions
until we'll into next month.
INTERNATIONAL POWER COMPANY-It ia
authoritatively reported that the statement of
operation OF the Alabama Consolidated Coal and
iron Company controlled by the International
Power Company made to the directors at the reg
ular meeting yesterday shows net earnings for
the six months ended April 30 1905, of $780, 65
although for period of four months SO Der cent
of its furnaces were blown out for repairs. After
providing for all fixed charges and the dividend
on the preferred stock this would indicate net
earnings Of about 20 per cent for the common
stock
STAMP TAX RULING.-The Stock Exchange
makes the following announcement:
In order to constitute good delivery after
June !. 1905, all deliveries on sales of stock.
whether by clearing house delivery ticket or by
certificate of stock, must be accompanied by a
the legislature OF the State of New-York adopted
april -, 1900, providing for tax transfers of
800" EARNINGS MISUNDERSTANDING of
the Minneapolis. St Paul and Sault Ste. Marie for
as compared with the same time a year ago From
July 1T the gross earnings Of this company have
visions Of the 500" company is benehting from
dustrial activities of the Dominion of Canada
CANADIAN PACIFIC.-One of the leading inter
terday that the transfer books OF the company in
dicated the accumulation of the stock by some Of
industrial expansion that is under way in Canada
nS5u5y is adding great intrinsic value to the
GREENE PROPERTIES.-Pre Greene of
the Greene Consolidated Gold Company has issued
Of the Nav ciea2p VAS sss 666 Which 10 's s eSRay
by rains
GRAIN EXPORTS.-',Bradstreet reports the
exports OF wheat (incuding -FOUR for the week at
122i 20S bushels. against l512,55O last week and
llS2loI last year Since July !, 57.22l207 bushels.
els, against I6SS,299 last week and 933. SOS last
year Since July 1, 74,521,152 bushels. against 49,
981 1sS last year.
BURLINGTON AND QUINCY JOINT 4s-The
4s again accompanied by reports that plans
were being worked out for the retirement OF this
1906, at IO5, and the opinion appears to be firmly
held that sooner or later action viii taken
! to retire them.
ANACONDA.-It is understood that rich gold
veins have been discovered the Anaconda prop
erty. Inc Anaconda originally was opened as a
silver nine ana subsequently became OF the
greatest copper mines in the world Now, perhaps
II Will become 4 gold mine.
NEW GRATUITY FUND TRUSTEE-W B.
Dickerman. of the firm of Moore & Schley, has
been elected trustee of the Stock Exchange
gTatuity fund in place Of w. f Strong decea sed