New-York tribune., 1905-01-14
MINING STOCKS.
WALL STREET AND EXCHANGES.

less than 10000 shares in the local market. evenly
distributed In London consols were steady and
japanese issues again strong Russian bonds were
heavy, despite the success of the Russian loan
in Berlin. Money at foreign centres showed no i'm
portant change from the rates Of the preceding
dav.
PIG IRON CERTIFICATES MARhEI.-Ihe
ma arket for pig iron certificates at the NeW-Aork
Produce Exchange was steadier, prices showing
from to 10 points advance. with sales of 200 tons
Of February. Quotations follow Cash, sic 15 Janu-
ary SIG S$l7 10; February. SIS 9o9sl7 March $40 500
81 10; April S17qS17 20; May, SIS S5GSl' TO- June
sic sOas17 10; July, s6 9@$7 10: August and Septe
ber ST asked. On the second call quotations were
easy There were no sales. Closing prices follow
January SIS SOaS17 10: February. SIG 99aN7 G5
March, SIG 9ca$l7 10: April $16 9oq$l7 20 May $16 900
81 10 June Sic 75d$17 25; July SIG %nt$lI' August
and September. S1I.
ONTARIO AND WE,STERN-The dividend OF s.
share on the outstanding SIS 1882 common stock
of the New-York ontario and Western will be paid
on Monday. The three thousand stockholders, who
will divide the $74S47 the total Of the dividend 10
be paid will henceforth have to look to the New
York New-Haven and Hartford control for future
dividends Nearly s. 00Oe0 of the amount to be paid
out in dividends Monday will go to the interests
responsible for the change Of control
BANK CLEARINGS FOR 1s0+-Ninety-two
American cities contribute Bradstreets com
pilation of bank clearings for the year. The ag-
yregate for 1904 is $111 S4 452 S67, gain of % per
cent over 1903 The latter year showed loss OF "a
per cent from 1902. which in turn showed decrease
of fraction of ! per cent from the record year
1901 1t is found that of the ninetytwo cities sixty
two show increases over 1903, while thrty-two show
decreases In other words about two-thirds of all
cities show gains.
MOVEMENT OF MONEY.-The reported move
ments of currency this week indicate a gain In
cash held by the banks of $2 400. They received
from the interior SSO94 500 and sent to the interior
81 O5s zoe The gain the interior was N205o +p
The total gain from the interior, new gold S-lS5VV
and Sub-Treasury. S,0215o0. was $l52562O; deduct-
ing the loss by gold exports. $2625o. the net gain
was $l263O. 400.
RAILWAY EQUIPMENT.-According to The
Railroad Gazette" American Car and Foundry has
received new orders for cars as follows: Ere I'Vo
box cars Chicago and Eastern Illinois, 100 box cars;
PENNSYLVANIA 75 box % stock and - nat cars
Virginia and southwestern. 800 gondoias' New
vorlx Central Lake Shore and Michigan Southern.
1.50O box
AMERICAN I.OCOMOTIVE.-W roads have
been among the foremost buyers of locomotives
in the recent past. The number ordered by the
Northern Pacific alone is fifty. being one of the
largest orders placed since the Improvement in the
demand set in several weeks ago. The outlook Is
still encouraging for the locomotive and car manu-
facturers
..7,bo Hand Book of Railroad Securities" published
by The Financial Chronicle" was issued yester-
dav The statistics cover both railroads ana the
leading industrials and include the earnings TOT
for four years and dividends for seven years TO
January /
GRAIN -'Bradstreets reports the
eynorts OF wheat including flour, for the week. at
-60 e50 bushels against 141i.9+7 bushels last week
and 277l 2l5 bushels last year; since July SoetILt
bushels against 92 .S24 bgshsls last year Corn
932 O14 bushels against S1S6S53 bushels last week
and g7 T6q bushels last year; since July l. zeleooi
bushels against S0,SJ0S04 bushels last year.
HEAVY 800" EARNINGS.-Ciross earnings of
the Minneapolis St. Paul and Sault Ste. Marie for
the frst week in January were sl3262o an increase
of 81 per cent over the same week In 1904: FROM
Julv the gain has been 13l per cent. Earnings are
now being swollen by the receipts from the Wlnn-
peg extension recently opened The 500 shares
were strong features in yesterdays market
ADVANCE IN SITGAR.--AH refiners advanced the
price of sugar 10 points. making granulated 5.95c.
Green Bay and Western Railroad has declared an
annual dividend of per cent on its "A debentures
and the stock This is the full interest TO which
they are entitled. The previous rate has been 1
cent.
VALUE OF UNION PACIFIC'S NORTHERN
for Northern Securities there is a profit the
Union Pacific companies its $S70OO00 holdings
of the first ueutioned stock Of SS70o000 which il
over 80 per cent the outstanding Union Pacific
common.
CINCINNATI HAMILTON AND DAYTON
BONDS PURCHASED. & ". Selgman & Co.
have purchased about $0.01o00 Cincinnati Hami-
ton and Dayton Railway Company per cent re-
funding bonds. dated July l. 1904 due July !. 1851
This IS part OF an issue Of S25.U0OG0 bonds Of
and SS500.0O0 issued by he Cincinnati, HaUil-
ton and Dayton Company in part payment of Pere
Marquette stock, the remainder. of $.5t0G00, hav
ing been issued for improvements These bonds
Dayton bonds authorized the meeting Of thu
stockholders.