New-York tribune., 1906-04-22
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses sold 1OVe
shares IN the local market, chiefly United states
Steel and Union Pacific. In London consols were
lower: also for foreign bonds. The general market
was heavy with further liquidation for the account
of companies which will be forced to pay heavy
fire losses in San Francisco Money was In active
demand.
ANACONDA-There is a big short interest in
Anaconda which is making violent efforts to bring
about a lower price for the stock. In yesterdays $
market the security enjoyed net gain, and though
the bear party announced that there was large
amount Of the stock for sale 272, bid near the
close OF 2721a made without bringing out more
than 500 shares Of the stock. According 10 the
people who best informed speculative affairs
Anaconda is more closely held than ever be-
fore recorded. but in the hope Of covering their
contracts at lower prices the bear element In the
issue is publishing the information that there is
any amount of the stock for sale at current quo
tations The copper situation. from the trade point
of view. is growing stronger every day
PACIFIC COAST SHARES.-The big advance in
the price of the Pacific Coast Companys shares
in yesterdays market due buying by a num-
Der of prominent interests and traders short OF the
Issues. In the slump IN Thursdays market these
stocks sold short the theory that the
Frisco disaster would seriously cripple the Pacific
Coast Company. but il is learned that the
conlpanys property loss has been exceedingly light,
while its business at Seattle already has begun TO
increase as q direct result Of the earthquake in
California. The company owns valuable terminal
facilities in Seattle. and II is understood that three
different interests. including Hill and Hartman,
are anxious control OF the property.
COTTON NOV VEsMENT.-According TO THE FL
nanciaI Chronicle the total receipts of cotton for
the week ended April 10. 1906. were 1O07ss bales.
against 1cl ,66l bales in the preceding week The
total receipts since September have been 6S57 3S5
against S.2l4.4s2 for the same period last year.
decrease OF 1257.Os6 bales The weather in the
last week generally favorable. Rainfall on
the whole light and farm work made excellent
progress. Showers in Texas somewhat retarded
work there.
SUB-TREASURY TRANSFERS-The local Sub
Treasury transferred yesterday N.Sle0O0 to San
Francisco and $4,000 to Chicago. Local banks
have sent instructions to interior institutions with
which they have banking connections 20 make d.
rect shipments OF currency to California
GOLD IMPORTS-The Steamship Campania.
which arrived yesterday. had board $s600.00O
gold consigned 20 the following houses: National
City Bank. $.5Oo.0eo; Guaranty Trust Company.
81 600 coo, and Goldman. Sachs & Co. S0e.Ooo
APPLICATIONS TO LIST.-Apphcation has been
made to the New York Stock Exchange to list the
following securities Wabash Pittsburg Terminal
Railway Company. 100000 additional first mort
gage per cent bonds OF 1854; Detroit & Macknac
Railway Company. $4,000 additional hrst lien 4
per bonds OF 1885, and Missouri. Kansas &
Texas Railway Company. sS,tss 600 additional re-
funding mortgage per cent 100-year bonds OF 204.
DIVIDEND INCREASED-Lord & Taylor have
declared regular quarterly dividend OF ia per
cent on the common stock, payable May l. This
is an advance in the rate from per cent to 7
per cent IA year.
RECORD PRICE FOR COFFEE sEAT-on the
foor of the Coffee Exchange 50. 400 was bid for a
seat. This is $500 more than the high record price
on an actual sale.
BANK CLEAflNGS.-The total bank clsarings
OF the United States for the week ended April
21 s3o7iss3.225. against 09s $50 s5S In the
preceding week and s2.s6s $50. .4s2 last year.
BAR IRON PRICES REAFFIRAIEp.-The Bar
Iron Association has rsafirpaea ths existing scale
Of pricsA