New-York tribune., 1906-09-25
MINING.
WALL, STREET AND EXCHANGES.

FOREIGN TRADING-Foreisn houses dealt IN
25 900 shares in the local market. ceiling On oat-
anoe In London the general market was weak,
especially Russian bonds. Selling was Influenced
by tire hrmcr tendency in money and the pessi-
nstic remarks of bankers regarding the money
market outlook Rates for funds IN LONDON aro
ant TO be higher this week. owing to the regular
fortnightly settlement the Stock Exchange.
r-haro 3. some chance that the Bank of England
will mako further increase in its minimum rats
of discount.
COPPER PRICES HIGHER.-Copper prices ad-
vanced 1sc all around Lake. 1880 to ISsc; elec-
trolytic 1stsc to 1896 and casting, lsc to 1916
DIVIDEND DECLARED-The directors or the
American ChicIe Company have declared the reg
uar quarterly dividend of IL cent on the pre-
ferred stock payable October L The usual
monthly dividend Of per cent on the common
stock has also been declared payable October 20
To INCREASE CAPTTAL.-A special meeting OF
the stockholders OF the United States Title Guar
anty and Indemnity Company. No leo Broadway
New York will be held October 10. 1866, for the
purpose OF voting upon proposition to increase
the capitaI stock from S1000.000 TO sl.2500Ol
NEW BRUNSWICK SOUTHERN.-The Russell
Sage holdings of stock in the New Brunswick
Southern Railway have been sold to the Canadian
Pacific. The road. which is eighty-two miles long,
runs from st. Johns. N. B.. to st. Stephen, N B.
PIG IRON CERTIFTCATES-Pfg iron certificates
at the New York Produce Exchange yesterday were
dull and about unchanged. There were no sales
Prices for regular follow: Cash. HS bid: Septem-
Der and October. s1S9aS 75: November. SSGSS s.;
December S15Qsls 50; January, February and March.
SO asked. Quotations for standard foundry were:
September s1s so bid: October, Ne 24S0 IS: Decem-
ber A99S19 so: January. SIS 5NQNs q: February and
March $40 % asked.
MOVEMENT OF MoNEY-Local banks trans
ferred yesterday. through the Sub-Treasury, E5ooo
for the of ST. Louis Since last Friday the
New York banks have lost on their operations with
the Sub-Treasury more than 100000
NEW CURB STOCK.-The Big Sandy Consoli-
dated Coal Companies the stock OF which has Just
been listed the curb Is capitalized at 10000 the
par value OF the shares being $50. The property Is
in the Big Sandy district of Eastern Kentucky and
comprises 4.6O0 acres OF coal land. The value OF
the standing timber In this region averages SIS an
The companies have four well defined veins
OF coal. three biturninous and camel. aggre-
eating thirteen feet
ANACONDA DIVIDEND-The directors Of the
Anaconda Copper Company will hold their regular
quarterly meeting to-day. The impression in COP
per and financial circles Is that the dividend will be
increased. II reported that the rate will be
81 80 share. against 81 S714. the declared
the last meeting
GOLD IMPORTS.-Bar gold to the amount OF
81 600 600 bought yesterday in the London open
market for New York account. Gold Eacsipts on
the French Line steamer which arrived on Sunday
were $780, 900. consigned to the National City Bank
and the Chase National Bank. Hedelbach Ickel-
heirner & Co. have engaged s75O.OOO gold in Lon
don
CANADIAN PACIFTC-Sir Thomas G. Shaugh-
messy. president OF the Canadian Pacific Railroad
states that the company has spent $50. 600 900 in
the last few years in betterments and will spend
as much the main line IN the near future
Earnings Of the company continue heavy. the gain
since July l amounting to than S. 0oo. 900
over the same time year when traffic receipts
were exceedingly heavy.
APPLICATION TO LIST-Application soon will
be made to the New York Stock Exchange to list
the stock OF the Cranky Consolidated Copper Com
pany. The par value Of the shares will be changed
from $40 to 800.
COPPER CONSOLIDATION REPORTED-Bos-
ton reports that big copper company consolida-
ton under consideration II is said that the prom
critics controlled by the Guggenheims including
the Utah Copper Company. the Nevada Console
dated Company and the Cumberland Ely Company
will be part OF this combination.