New-York tribune., 1906-06-20
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses bought
25 900 shares the local market including Pennsyl
vania- Southern Railway, United States Steel and
Union Pacific. In London consols were heavy. also
Russian bonds. while the general market was dull
and generally lower. There was no change OF I'M
portance in foreign discount rates.
DIVIDENDS DECLARED.-Ths directors OF the
Old Dominion Steamship Company have declared
the regular semi-annuaI dividend OF per cent.
payable July > The directors Of the First National
Bank OF Morristown. n. J., have declared a semi
annual dividend OF per cent, and an extra divi-
dend Of per cent. payable July 2. 20 stockholders
OF record June 23. The directors Of the Columbus
Railway and Light Company have declared divi-
dend per the capital stock, payable July
16, to holders Of record June 80 The directors
OF the Market and Fulton National Bank have de-
cIared the regular semi annual dividend OF per
cent payable July . TO stockholders Of record June
- The directors OF the Empire Trust Company
have declared seni-annual dividend Of per cent
the capital stock Of the company. payable July
to holders Of record June % The board OF trustees
of the Trust Company Of America has declared the
regular quarterly dividend Of s per cent. payable
June 80. 10 stockholders Of record June q The
directors Of the National Bank OF Commerce have
declared quarterly dividend OF per cent. payable
on and after July 2. The board Of trustees OF the
Central Trust Company have declared the regular
quarterly dividend OF IS per payable July 10
stockholders Of record June - Directors OF the
Irving National Bank have declared the regular
semi-annuaI dividend Of per cent and extra
=
the Standard Trust Company have declared the
regular semi-annual dividend OF per cent, payable
June 80. The A J. Sheldon Company has declared
a dividend OF per cent on its capital stock. pay
able July ! Directors OF the Mechanics and Trad
ers' Bank have declared the regular serni-annual
dividend OF per cent. PAYABLE July ?.
ADVANCE IN IRON PRICES-Northern manu-
facturers OF foundry iron have advanced prices .
cents a This is due the improved condition
OF the trade. II is understood that the Tennessee
Republic interests within the last few days dis
posed OF about COCO tons OF foundry iron Reports
have been of dissension among the Southern
producers OF iron. but these reports denied An
agreement existed between the Tennessee Coal and
Iron Company and the Sloss-Sheffield Iron
Company TO hold the price OF No. foundry iron az
s14 ton. Some time ago their competitors made
concessions and the Tennessee and Sloss-Sheffield
companies cut the price 10 SIS 70 Since then how
ever. there has been a decided improvement in
conditions
meeting OF stockholders of the American Car and
Foundry Company will be held June IS and the
companys annual report for the year ended April
go will be made public at that time II Is known
that this report will show largely increased earn
ings those OF the preceding year which was
the poorest in the companys history. Following
the stockholders meeting the directors will meet
sor organization William x Bixby Will resign as
chairman OF the executive committee of the COM
pany and it is believed +, H. Eaton will be chosen
to perform the duties OF the Office retaining also
the presidency. Mr. Btxby will continue as a
director.
ALLIS-CIiALMERS-A proposition to create a
bond issue of several million dollars in connection
with the contemplated extensions OF the Als-C Chal-
Company will be submitted to stockholders
soon. The fiscal year OF the company ends June