New-York tribune., 1906-12-04
mA11. STREET AND EXCHANGES.

Erf
z,opr1r;V TFzADING--Foreign houses bought
go ,--~z in the IoeaI r1a-zet- In London -'e
-r -r-a-1z-t was som .vvaat heavy. AIIls-l~'-ll
suss furnishing the chief exceptions -" l..-s -
were no inport@ut changes IN MOI 9 - =
+,e -ositioD Of the market apparently was an p"
freuce in restraining operations ON '--s
change copper issues We're strong
r,TZ-rDENDS E~r4AREzD--The American -l
r,-r,ranv las declared its regular quarterly ai'i-
dar5 OF IA per cent on its pTeIeVTe~ 7~O-
-. rsr,,s~,- The CTlilds Company mas o7-
100 the regular quarterly dividends or Ia per
80 ~, frs preferred stock and II per cen- on Is
common stock both payable Dece1IlosT ~ -
Detroit x AIackiuac Railway SoI-pa"' -
c1ars5 the usual s-rni-a1uual dIVlcehu 0- = -
-r or, frs prefarred stock. payable January - -7
1-t5 t5,r,a1 silver Company has declared IAs
,,1 171a-4arIv dividend Of Per cent on rs pre-
x4 s-ocL 1avable January / Iae directors OF
Sears RoebIck & Co. have declared me regular
,,s-rar7v dividend Of 81 % share on the preferred
stock pavab be January = The Thornpsoh-7l-1l71-
COMPANY mas declared the regular semi annual
i5,-t1ard OF per cent on It's common STOCK pay
able January
e7-r,r-T. FAILs-Ir Is reported in iron and steel
circles that an advance in the price OF s-er4 Iea
,rra,,,-1ated Any advance would not a1ect lAs
- ,,-,s1,77a~z who have covered their re1Ji iSe-
-7ats for the greater part Of next year on basis
- COS a ron. BeIated BUYERS it is said. VII soon
have TO nay premiums Of s. q ton ror IueoE@ o7-
livery Tre rail mills are now II q p'SIl'i 60
evidenced IN the last several weeks o. lh1ep7-l-
dent advances IN steel plate
RT-SINEES FAILURES N NOV FEHBE4fs-F All
urus in November were slightly more tl-sl III O-
be~ hut the number reported compares faVora1-y
with those in the same month OF the most favora-
7,la r~aoa7i-- Years and there is a rather small
total OF liabilities involved. which ts due mainly 20
+ra absence Of anv very large failures. The mum
Der reported 20 'eBradstreat's' for the calendar
month Just closed was ST. against $50 in October
and SIC in November year ago This IS the small
est number with Two exceptions. reported IT No
vernbe- for thirteen years past The liabilities for
November aggreg2ted SS,5-2.e+2. decrease Of .
per cent from Oc-oosr and an increase o1 only 3
rar cent cve- Ncverr0er q year ago
ST PAJIsS INCREASE OF CAPITALIZE
Chicago. milwaukee * St Paul Railway Company
has fled articles with the Secretary OF state OF
Wisconsin recording an increase IN the ccrnQary's
capital stock Of S5C154 go. SO ft5s0 OF which IS
preferred stock and SO coo 00o common stock This
brings the authorized cOrIrnOo stock ~ -ne COM
pary up 10 S5S.1sSelo ana the preferred Up TO
Sl2455+500 making tie total authorized capital
stock S2S2 SIS 40 This increase was authorized ar
the annual meeting Of the stockholders held IN
Milwaukee On September . last
NORTH AMERICANS STRENGTH Insiders
in North American stocks say that nothing special
has developed in the cOru1acy's affairs 70 account
for the advance In the price OF the issue They
take the position however that North American
for long time past has been selling SaC heow IT'S
evlJable Recently a block Of stock has been hang
iHe over the market and with this out oe the way
the price moved up easily
FURTHER RISE N COPPER PRICES-C0p-
per prices az New York we're advanced another
1-l6c on lake aud electrolvclc YESTERDAY. casting
however. was unchanged This establishes a new
high record price for copper Lake is now quoted
2- -'.c eIectr1Lycic ~ 1t.lJe-+sc and casting
d 1er1l4c AT London prices advanced 10 70 Is
shiII-gs with Spot closing et E1oS and futures at
uo3 Is 5d
NEW ORLEANS RAILWAY LIGHT COM
PANY.- Elr1ugs of the N,ev Orleans Pa way &
Light Company for the lno--a or October amount
ed in gross to s4s-s55. compared with S3s7799 in
the same month year ago. Net earnings were
So So against -e2 iE --1- After fixed rha-re,
ana orher deductions there was surplus Of st 5t5
against SO SIS last ys-~- From january Z a SUR
plus Of S.g@e25 vas shown
Hooking VALLEy.-J r. Morgan & 90 an
nounce that az rDe request ~ rHa holders OF i'm
portant interests In the two companies the rsr,s
for deposit of the stocks OF -ae Hooking Valley,
Railway and the l1a---waa s. Mic. i,-n Railway,
under the consolidation plan, has been further ~
tended EarcG q let-
A NEW gUENIlF EH1EE-EtT-yV a. Potter .+
the St Louis Refining ana Testing Company. has
made contrast To do export rvara s MINING sr-f-
u.ar I'm Cobalt and atsr~ Canadian rat.iy- =alss
II is understood that Professor Potter yb. IS ,-
in Toronto. has been engaged b, n svut5,1ra yam
resented 72 O. a. .t.-V3eI- ~ Nsv York who IS
making some extensive purchases ~ t---lr r-r
critics FIc7" 1urchaseS iucl,oe raa Bailey Mine
in Tie Cobalt Camp. so- waica Sfaeo cash was
paid
PIG IRON CERTIFICATEs Pig iron -er-laca1,s
a. she New York Produce E.xcaaas. we're ANN rl~
regular. hut easier FOR standard souu.iry There
We're uo sales Prices for regular follow cash
and January. Hs 70 bid QuoJatious Tor ue,, stand
ard roandry follow Jauuarg Febr.arv ana March
so hid
coiVMRtA TRJsr COMPANY. Y.-Tee Columbia
trust company hNs been appointed depository for
the legal money reserves of New Yosr State banks
and trust companies. This designation IS made by
tne state banking department on the completion or
the compaay.s nrst YEAR OF business