New-York tribune., 1905-12-05
=. made up of a2soooco SIS and sss. 200 COO

s,re made UP of S2,So0ocO IS and S3s,2oo,eoo
,A711.s EARNINGs.-Earnings Of the Chi
y ,T,,vvaukee and St. Paul for the month of
aee chow 3 gain in gross of s5S2,sS4 and g. gain
os'o. ~ only S5457a, the small increase in the lat
- - being due TO the large expansion in operat-
81 es licenses From July gross earnings have
hg sos ss7s520 while in the same time net
- have increased S0S,9S The earnings of the
pss have been so far in excess OF dividend
fsep'-.-ents that the management Of the COM
es- sc wisely put a large amount of money from
ssls snto expenses, which has served to in
So So tbe physical efficiency of the property.
ot-ax-noN SILVER QUOTATIONS CHANGED
y American exporters of silver have finally sue
80 in changing the old method Of quoting silver
se.sson. Hitherto London's standard of fineness
= ssen ses. and the highest grade which would
.aovred was $685. although in this country bars
~ nf q ffneness of $3.50 have been turned
y. md ses is not uncommon. AS these bars were
e--.s5 for only $3.50 in the London market con-
ssble loss and annoyance have been expe-
- After January /, 1906 however, no maxi
y limit of fneness will be imposed so that
-s,ions will be based the standard amount
sIver in each bar. thus conforming to the Amer
-ryEssFUL REFUNDING OPERATIONS
,sq.ry refundng operations which have list
- were eminently successful, and Secrois1y
~ Is more than pleased with the result The
- number of and per cent bonds converted
- the per cent consols of 1880 was S52-soQ0OO
-.o amount received by tbs hnlders of the 81 aad
. f-oru the Treasury-the difference in interest
=. S120e in round figures.
RANKS LOSING MONEY.-The local banks have
=. since last Friday over 81 100000 1t is expected
- +broughout the week the Clearing House in
,y,,ons viii lose on their operations with the Sub
-,sssury The banks renewed standing call loans
-ssferday Sis to per cent, the maximum rate
ar the day being 10 per cent Time money was
slightly hrmer.
.MERICAN CAR AND FOUNDRY.-The Amer
iosn Car and Foundry Company has received an
e-ssT from the St Louis and San Francisco Rail-
ross for 400 coal cars and 1000 box cars. The
Frisco company has also awarded contracts for
sysnty-fve new locomotives to the Baldwin LOCO
motive Works. and for twenty-five locomotives to
ne American Locomotive Company.
LISTED on THE STOCK EXCHANGE-The
following securities have been listed on the New
York Stock Exchange: An additional s2,oOo,OOo per
cert preferred stock and an additional aO0OoO0
common stock Of the Federal Mining and Smelling
Company: also additional S1,SO000O preferred
stock Of the Rubber Goods Manufacturing Com
pany.
JAPANESE BOND ALLOTMENT-A New-York
banking house which applied for $4,000 of the new
japanese loan in London was only allotted f1.0OO
This proportion was observed in other known cases.
indicating 2 heavy oversubscription TO the loan
TO INCREASE CAPITAL STOCK-The stock
holders Of Swift & Co. will be asked at their an
nuaI meeting in January TO vote on g proposition
70 increase the capital stock S250ooO00
AMERICAN TELEPHONE AND TELEGRAPH.
The Sl5t0c9.Go0 OF new bonds which the American
TeIsphone and Telegraph Company proposes to
iss1e will be convertible into stock at whatever
-ate not less than par. the directors may decide
upon.
NEW ASSOCIATE OF FISK & ROBINSON
L was announced yesterday that Stuart H Patter-
son had retired from .he firm Of Patterson, Teele
q Dennis. certified public accountants. and had
become associated with The banking house Of Fisk
& Robinson. of Nev-York and Boston.