New-York tribune., 1905-02-10
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
$4,000 shares in the local market mostly purchases.
In London securities. a rule, firm. The
demand for money was active but there was
no change in discount rates The Bank of England
at its weekly meeting retained its minimum rate OF
per cent. In Paris prices were steady.
WALL STREET MEN TO LEAVE TOWN.
There will be exodus of Wall Street the
eve of Lincoln's Birthday. -Four private cars have
already been engaged to take prominent operators
out of town. The so-called Gates crowd will go to
Southern California for a month.
STOCK LOAN QUoTATIoNs.-Loa quotations
Amalgamated Copper. Brooklyn Rapid
Transit. Erie common. Peoples Gas. Reading com.
mon. Rock Island common, Southern Pacific Sugar
Tennessee Coal and Iron Union Pacific common
and preferred United States Steel common and
preferred. United States Leather preferred and
Wabash preferred. per cent; Atchison common
and preferred, Baltimore and Ohio common Cana
dian Pacific. Consolidated Gas. Delaware and Hud-
Erie first and second preferred Louisville and
Nashville. Manhattan. Missouri Pacific. New-York
Central. Norfolk and Western, Metropolitan Street
Railway Pennsylvania. Rock Island preferred ST.
Paul and Southern Railway preferred. Is. and .
per cent and Western Union. per cent
PIG IRON PRODUCTION.-The January anthra-
cite and coke pig iron production of I.7765Oo tons
compares with S21 81 tons produced in January
1901, and 14727SS tons in January 1893 This is an
increase of $50 269 tons January of last year
and SO37l2 tons over January 1903 In January
this year the increase in production s2.95 per
cent, as compared with January 1904. per
cent as compared with January. 1903 The statis-
tics for the month show that consumption of an
thracite and coke pig iron is the rate of about
$1,000 tons a day, and the entire available surplus
stocks OF merchant furnaces do exceed six davs'
supply. If all the furnaces should close for ono
week the total supply of pig iron available for ,sa
would be entirely dssipated. That there will ba
higher prices for pig iron N the near future ia
confidently asserted
MOVEMENT OF GOLD-The National City Bank
cancelled the NOOoOOo gold bars which It engaged
tuesday for export to Paris yesterday There was
therefore, forwarded by Yesterdays s+aarnsr o,1,,
$OSooo by Barring, Magoun & Co.. s574OOO bv Laden
burg, Thalmann Co., and $4,000 by Iazard
fFeres' making total shipment of $724OcO Tho
National Bank of Commerce in New-Yorb viii
ship S6OOOOOO in gold certificates to Cuba on the
steamship Mexico. which will sail for that co,ntr,,
Tomorrow. Inquiries at the Assay Office were
again made yesterday for gold bars for export nsxt
week The firms desiring TO secure an option on
the gold however, were unwilling to agree positive
ly to take the metal at that time. so no definite
engagements have been made.
NO NEW-HAVEN GUARANTEE ON ONTARIO
AND WESTERN-C. s. Mellen, president OF the
Ne"-fork New-Haven and Hartford Railroad
Company, says that there Is no truth IN the rurnor
that the New-Haven company purposes to guaran
tee 2 per cent on New-York. Ontario and Western
stocks. There no other developments in con-
nection with the latter property
CENTRAL PACIFIC APPLIES TO IIST-The
New-YoriS Stock Exchange to list S3940OoO first re-
funding mortgage per cent guaranteed gold bonds
Of 1919
UNITED STATES LEATHER-The stockhold
ers committee Of the United States Leather Com
pauy reminds holders OF sthe stock of that company
who have not yet deposited their certificates under
the circular and plan of December IL 1904 that the
frst day for doing is February Is The GER
tifcates should be deposited with the Central Trust
Company on or before that date
2 A ~
BANK--The Corn Exchange Bank win soon omen
two rev branches. one in The Bronx Borough AT
Nos. 52O and go Willisave. and one on staten ISL
and. the control Of the First National Bank NJ
Staten Island having heen obtained for that mr.
pose This will make seventeen branches oner-
ated by the Corn Exchange Bank within the pr,,t.
OF greater New York
TO OPPOSE STOCK TRANSFER TAx-s,ar.
are being taken by leading Stock Exchange intar
ests. 1t is understood 20 oppose the enactment int
law at Albany OF the measure imposing a tax OF -
a 100 shares upon transfers OF stock