New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-24
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foregn houses Haa1. 4,
1900 shares in the local market. buying on balance
In London consoIs were higher and the south
African mining shares recovered sharply from
ther depression recorded IN the preceding days OF
the week Money was in moderate demand, but
there was no change in discount rates Including
the rate Of the Bank Of England. which remained
at per cent.
MARKET GOSSIP.-Ltttle attention was paid 70
the Armstrong insurance report Although frs sre-
gestions thought TO be drastic +ha,, ,-sra a,
ms with what had been expected Even II the
insurance companies should be forced n sell +hai-
SZ0ooNVooo or stocks they would have five years 70
do 1t in. and at the rate of S50000Oe0 a wear the
market would hardly feel the effect American
Smelling and Refining was one OF the favr s,o,1--
which showed weakness. The selling was reportad
70 come from c. Mnzeshei1ner &. Co Quite a
nunDer or stop-loss orders were reached. and the
STOCK broke through the low price made last
Wednesday II was said that a prominent Western
operator was Hquidating his line In soma nvar
ters however the opinion prevailed that an erro-.
was being made 70 create short interest The
weakness In Pressed Steel common was due 70
disappointment in dividend expectations Althorgb
equipment companies have large orders ~, go
some Of them are DESTROYS OF awaiting fDrtbA- 4a
Veopments specially in regard 10 the crops baforA
MAKING any distribution Of profits. The advance
In copper metal abroad had a favorable erTac+ -,
the price OF copper stocks here Gates b1vinz ~
Amalgarated was reported Concrrra,+ s+-,,7-,
IN the Hill stocks and the United statsa So
issues was due 10 the explicit denfs1s os &. 49,
IN the ore deal runners OF which had been c,rcr
!aleo on Wednesday. The head OF a large wire
mouse which often acts for the Morgan ,D+e-as+-
expressed the opinion that the marker vs. ot.
10 turh' as 1t had been sold to a standstiu ua
&c 'he course OF the days markets as
'eo'ils general revulsion OF feeling James r
heene' Jacob Field and other prominent oDar,+
dFe SAID 10 nave been covering their short In =
to-day and this buying Is thought N ~ h--
parIy responsible for the frnness OF the r,arlys+
me break In Consolidated Gas was dra 80 80
~ out-o4-oown holders. who decided 70 H,ui1a,
80 news reached them that the so-cent gas
oroer was TO be good for three wears s
MONEMENT OF NIONEY-The raDo-.aa -
e's VI currency this week Indicate a loss - go
Ie40 py the banks OF $3.50 500. They raca,,o5
toii Cne interior S6.e40, 200 and sent To the IT,,
rior S92S2.s0o. including 81 551 900 nat,oraT 80
notes sent 20 washingto, for - odhk
gam from the interior was 81 s77 400 - 0
ot new gold were S1.14sSOO. namely. S7.o 1oo -
WV orK Assay Office checks. $ss7 s0O ~, s.
MINT checks and Geographic transgA~s
ana SZoOoO on Seattle Assay Of1ca ,bo,,, = q
exports were $625.OOO in coin N Ao.t N'olo
mar disbursements by the Sub-Treasrrv w. e.
o0'''vO' Payments by the banks to thu suhT,r.a,
~ iuF customs Internal revenue 3 per cen, =,
,p.4o" iuAo etc. We're S2I.S95. OOO The loss On
SUI treasury operations proper was 50 5s1 qoo m,
totai loss by gold exports Ss25 o0o "a - ne
die3suly operations proper $2.561 500 vas 60 rSc
Sooi deducting from this the gain fro.,, r. 49,
''1V' ana new gold Sl14S 500. in all s. 30, -oo
the net less was $500. 500 REGENTS ~ c,,r Nv
the interior were about 81 400 600 rnora En-. 'iUn
preceding week. while shipments were aho,,, e.
-Vo,OOO less Receipts were chiefly fror, -.
ana Eastern points and shipments vrera - -
Stem ana Southern points. The bulk % ~
leoeip's ana shipments composed OF the -,
slant interchanges OF currency ha,v,aa ''-o con-
Philadelphia and New-York. The three ci,,a. e
50 CLOSELY connected in business Operations 49,
practically the reserves OF all are avS1a5, nat
each. "N'i1abIe In
APPLICATION TO IIsT.-Ap,,,c,.,,.
made TO the New-York Stock FxcbaDr. las oeen
following; S'2iooO nrst mortgage Der cen, u.s. the
of 1905 OF the Gulf and Chicago Railvra C, oolHs
$3.50" general lien and first mortgage psr go,
o'hds Oh 1900 SS0coo consolidated nortras, a.