New-York tribune., 1906-07-14
MINING
WALL STREET AND EXCHANGES

FOREIGN TRADING-FOreign houses dssl.
5000 shares in the local market. all purchases 1,
London the general market was steady and vs5-
out especial feature. Money was easy, and acS,-t
Ing to cable dispatches is likely to remain 50 p,
some time TO come. unless there should be an ac7,
demand for gold for American account. Thers VT
be available IN the London market On LIouaav
2O00OOO. and the chances are that the Bazx 3.
England will get the greater part OF this ar1ol-.
IRON SITUATION-ROgers Brown & Co. says
While there is no boom in pig iron prices. Il,
the tendency all around IS toward hrmer and III :
prices. In certain districts there Is an ac 4
foundry, and even in the quarters where theSs Is
recently pressure to sell all tendency toward rs-s
scarcity is BesseIner in the Central Wess b:
basic supplies for nearby deliveries are not r1l.
more plentiful and at seVeral points 1ounoIy rus
for prompt shls ment are hard 70 PICK up A>al
while furn2ee I0e;uction on, mas @ I oSS., I.,s t -
this reduction is likely 10 continue still furt-sz
The scarcity OF LABOR IN the SCUM @ ESQ ne.-. ~
furnace production there, ana Ile OuspeL q & :.
and coke, particularly IN the Pennsylva1i- rs.-
IS being seriously interfered With BY tne s--s
Walkers copper letter says: Copper eoai1lss
exceedingly quiet. So far as can be leaned. ID
lake is offered at less than lS1tc ana no eecir,'
lytic at less than 1S12c pOUnu Consumes ara
constantly declining quotations for standard Ct.
per in London seems TO be enGouraslns ne cs-s,
and the end OF the year. All OF the copper ts.
will be ready for delivery up 70 ABOUT Ine Il-l'
Producers have little OF no spot copper q e.
rif be IRoai5{sined until the latter part of nj.
month at least There are several large cols--s-
ing interests which must buy copper between l1F
and December. Included in this number are T.
portant European copper consumers y s l.,
heved IN trade circles that these eonssl.s-s s ~
be obliged to pay current prices for thelr slll -
In view Of the extreme strensth 81 2H Ins s,s l -,
steel markets. there IS no pfCbablHty Ina- Wv
will be an early decline IN cooueT prices .,s.,
at the New York Produce Exchangs Were ols
with regular shade lower TO a shaGe rs
There were no sales. Prices for regular fa.sE:
Cash. $16 bid; July, $l6 3 bid; AugusS Sle = s.,e.
tiOns for standard foundry follow: July and a.
gust, $T0Sl7 90: October, N1dSlI 80; NoVe1ns1' =
GRAIN EXPORTS FOR THE WEIETz.-'ss-s1-
Streets reports the exports OF grain for the E4
with comparisons. figures in bushels. as follows
Wheat -four included. .s22IS. against Ltasa>s -
rected totaD last week. 1.s0S.S04 in this week -
year. 1H24eS in 1894 and S6527S4 IN 1903; corn lA
against 6SlUOO last week. sS4772 in this week as=
ago. 5T4S29 in 1904 and ]. 4O2. .i04 in 1875
STANDARD CORDAGE CONPANX-Ho.esE' 2
the Equitable Trust COmpany's receipts 1oF -
deposit OF bonds OF the Standard Rope and TT--a
Company will set the certificates OF ne ~
Standard COrdage Company the first week u a.
gust The American Bank Note Company eaan,'
get them ready before that time The bolsts -
stocks Will be listed on the Stock Exchange I. =
time
MOVEMENT OF HONE4.-4Ao 4eEo~e-%
ment Of money this week indicates a net sa-- Y
the banks Of SSSS.s0O The total gain for 20
terror was s.. 100 and new gold SzS--.l~
banks lost by return OF special United sta'ss -.
pOsits S2,5O0O0O. and on SUb-Treasury ogssa--
proper lsS5.S0O Receipts OF currency were n s's
part from nearby points
HANDBOOK OF RAILROAD SECU1tIE-lss-
The publishers OF 'The Commercial and 6l1-a7-
Chronicle have issued the July edition @ -
annual publication. "The Handbook OF -.
Securities The statistics for series o- ys
and include earnings. dividends and g Sle~-~
range Of prices to July l. The present IBIS.
charge Is given. and also net income for "a =
fiscal year applicable to the payulent Of interests
dividends. The book covers railroads and r.a-y =
the leading industrials.
MONEY FROM SAN FRANCISCO.-Ths -
Treasury has paid TO the National City Bank lsss'
600. representing 50 per cent OF the value 6. =,
Australian gold deposited at the san s1-
mint.
SOUTHERN IRON HIGHER-SeveEal 80 80
IN the South have advanced the price .. - -,
foundry iron TO SS . a ton. an increase OK = .