New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-01
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses dealt u
5000 shares IN the local market all purchases
The heaviest buying was in United States stssl an
Southern Railway. In London consols were tn
Copper stocks were heavy. Money was easy. ani
there was no especial feature IN the money markets
on the Continent.
MARKET GOSSIP-A Upper & @. were H.
portant early buyers OF Union Pacific. They Vas
conspicuous on the same side IN Copper. Il VT
be remembered that they among the hsayss
sellers around the room on Tuesday afrernO'n
DeHsven & Townsend and other Phiiadsipas
houses were early buyers Of Reading. II IS s-S
the fashion among the gossips Of the Street nF
10 credit George Kessler with the liquidation n AZ
stock which makes violent decline he So
10 have been the victim OF Tuesdays oreaA Z
Colorado Fuel. especially BY people not N ns q.
fdence or that of his brokers. Among ~ -
houses credited with buying or sellins ror ~
it Is curious that the brokers who have done H1'
of his business have never once been eof1T'I
named. The roads controlled by Pennsylvania -
particularly Norfolk and Western and CnssaleaH
and Ohio. made a wonderfully good showing. tla
derived strength from the utter indinerenee o. :
dominant interest 10 the CouSrsssiooaI ue~-s,
ton. Among the heaviest sales OF STOCK w.
during the depression OF Tuesday was one q Az
shares OF United States Steel by Stieois Ha-
sheim & Co. A good deal Of stock OF s-~
character was coming nom the wire HOUSES"
Brothers. who have been active IN tnat s''s =.
fore. gave important strength 20 Soutnefn HA-
The best authorities are not talking OF an ll-.
date resumption Of the old bull Market ~ o.
Morgan following Is very bullish on southern
way and Is carrying a good deal OF s'o-
looked il there little quiet ssluns ,s
Paul on the rally by houses who do a A'-y s-
tenJatious business for No. . BROADWAY.
again buyer OF Canadian Pacihc' @Uu- --,s
terialy to the purchases Tor foreign ac'0un' :, !,
I'm the same stock on Tuesday AS a - Ire, /
important class OF active traders, T. IL -
Co. reported that they found a srea. - s.l,~
people who not afraid 10 sell s'OeA ~.
Their uptown following is an active one am .sts
means confines It's attention 70 the DUN - ~
market. This house was prominent aH
buyers OF Texas Land. ~rs
MINNEAPOLIS. ST. PAUL. AND o-Ao- r.sss
MARIE-It IS learned IN well inioSne~ srass
that while there may not be an iulTnediA.o s..cs
in the dividend rate 500 comn0n' --.nsssrE
favor an increase later on in the yeaH sJsys
the early summer. IL is said thar the s..Is-
not only viii receive bigger divide'u N.sS.rGs
but that they will also receive an extra ,s,ss
the shape OF new stock. ACcOTdlhs ~ :. 80 -
ton received Yesterday the high offe'H .s
reported as saying that the stock Woui' -y,,s.ssd
more than per cent recently sold hS 30
the issue and Is anxious 20 cepress me P'' sssr
stock III order 10 accumulate new nHV sSaM
quotations. The control Of the prope.S, ssSs
the Canadian Pacific and high 0u me-
nothing 20 say about this dividend R--N~,Ds- re
FRISCO SELLS REFUNDiNG ~, sas rsi
st Louis and SAN Francisco RalirosS IA ~
sold. or contracted for the sale OF - sscosi
cent refunding bonds. With the pfoo''O,s "A,
mortgage bond tnow FIRST mortsass' - sus w
"B'' and "C'' 10 the amount Of 500 ,,t he's
vemher = will be retired With TINS - 80 me q
viii be no more reflndlng bonds 'ss" -. a, sss
Louis and san Francisco company ys,,ssrssn
twenty years. II Is understood tnA' - that 4 .
Co. are the purchasers OF the eonas ~ nar, q ns
confidently expected that the @is7
bonds will be placed in Europe ., rsslrT "A
KANSAS CITY SOUTHERN By - me Ksns's
special meeting Of the stockholders y. sesn cale
CITY Southern Railway COMPANY & n yeeA"
for March 70. to ratify proposed ~ this 50.
IA per cent Improvement bonus - ,he SHss
100000 will be used as collateral ~ sa,horss'
Kansas city Southern notes reSv" ar improve
tIrproceeds of which are 90 pc MAN uhea
ments. These notes have sRs@N'