New-York tribune., 1906-10-11
WALL STREET AND EXCHANGES.

FOREIGN TRADINCi.-Forelsn houses ued-I III
900 shares in the local market. buying $4,000 In
London the general market was quiet and DUH
The advance in the Berlin bank rate was not un-
expected in view of the stiff in the Brit
isb capital but the higher in Berlin does not
necessarily mean an increase in the Bank OF Eng
lands minimum quotation to-day. although the
Egyptian demand for gold may influence the oanA
to increase its rate. Open market discount rates
in London yesterday higher. but the price OF
bar gold declined 24d.
SECURITIES LISTED.-The following securItIeS
have been listed on the New York Stock Exchange
Corn Exchange Bank. 100000 additional capital
stock making the total amount listed SSoOo'ooo'
500 $50 900 additional ordinary capital stock OF the
canadian Pacific Railway Company, making the
total amount listed s121 $4,000: s1Ss3Oo0 additional
4 nor cent guaranteed refunding mortgage coupon
bonds of 1885 of the Kansas City, Fort scout
Memphis Railway Company; S3S4S'oo0 aaoltlola5
per cent refunding mortgage coupon oondS OF 1901
of the St Louis 6. San Francisco Railroad CoIn-
panv making the total amount listed SoS'4o-'OoO,
50 600 600 first mortgage per cent coupon oohos
~ 1e25. 81 500 600 per cent cumulative prelerreo
stock and S3.00G000 common stock OF tue LIoet
SOIL Rand Company: $250OO.oOO adaluohaI 49, ItI
stock of the Chicago, Milwaukee q St' PAU -,
wav Company. making the total amount ASleu
sS3 1Ss 600 900 general mortgage AZ per cent
sinking fund coupon bonds OF 1886 OF the NlisSoi'
Kansas & Texas Railway Company.
SEPTEMBER FAILURES-statistics OF com
rnercaI failures during the month or SepteIHoeI
nd he
Offices of r G. Dun q Co. are preseil'eI t ~ =
by occupation and also according to size II Is
especially encouraging to note that the latest co
parsons are satisfactory than slhnlar hsuIe
covering a longer period the September eNnioit
counaring more favorably with earlier years than
figures for the third quarter. while the thlrd quar-
ter in turn made better exhibit than the nine
months of this year. In other words IMPROVE
,7ent IN business has continued throughout the
wear and the present position would appear 10 pe
even more sound than in July or at the end or
the first quarter. Total liabilities OF all conhercal
failures in September were much smaller tnan any
preceding month OF this year. and are also less
than in the month of any recent preceding
year, Separating the nlanuistG ms Silu u 9 -
failures from the total IT IS also tound tnat coI
parisons with earlier years are all In ravor OF io
but in each case losses were smaller IN Apr1I OF
this year Figures for the thlrd quarter sho"eu
slight increase over the same months last year.
but compared favorably with all other years of the
preceding decade except 1899
PACIFIC COAST ELECTION-The election OF
Copley Amory director of the Pacific Coast
Company. take the place OF t. Jefferson Cool
idge resigned represents the interest in the COM
pany of jefferson NJ Levy and his associates who
are closely connected with the Canadian Pacific.
The interests in the company are working IN
harmony with the directors who have been IN con-
troll of the property for a number OF years.
ST PAUL'S ADVANCE-The advance IN ST.
Paul prompted largely by the discovery that
there little stock in the market. which made
the marking up of the price from 15l2 70 152 COM
parativeIy easy. Above the latter figure. however.
the supply increased The rise brought out
repetition Of the familiar stories Of an early an
nouncement of a deal with the Hartman roads
STRICKEN FROM THE LIST-NOtce IS given
that the following stocks have been stricken from
the Stock Exchange list: Kingston & Pembroke
Railway first preferred and common stocks. Cen
traI New Jersey and Improvement Company capital
stock. Central Railroad Company Of New jersey
81 1900 general mortgage . per cent bonds OF
1851
PIG IRON CERTIFICATES.-Pig iron certificates
at the New York Produce Exchange steady
to firm There sales. Prices for regular
follow: Cash and October, $1SGslS 70; November,
slSQslS 20; December, SIS 10qS1S 15 January. slSG
s19; February and March, $ls asked. Quotations
for standard foundry follow; October. s206S2 50;
November, S2NQ$21; December $40 500 $40 30; jan
uary $19Q$20 so; February and March. $50 80 asked
CHARACTER OF TRADING.-The buying which
started the advance in each particular stock in
the day from f. r. Chapmsn & Co. They
started the advance in Union Pacific and in St.
Paul and said to be acting for the Hartman
interest. Gates & Co. and Macdonald were sellers.
COPPER SITUATION.-That copper IS on it's way
TO the 25 cent mark is the opinion of leading pro-
ducing and consuming interests, including the
Amagamated and American Brass people. The
ANA lgamated company has sold its possible pro-
duction for the next four months at least. and be-
yond that time does not care to contract its output
CHESAPEAKE OHIO.-The Chesapeake &
Ohio board will meet next week. when action on
the dividend is expected. Expectations are that
the rate will be increased. The Street is looking
for a bigger dividend. both In Chesapeake & Ohio
and Norfolk & Western.
UNITED STATES DEPOSITS RETURNED
Tho National CITY Bank has repaid to the Sub
Treasury out of imported gold United States de-
posits amounting to $355ooo. Total repayments to
date, $26,915OOo,
GREENE CONSOLIDATED COPPER-with
the exception of John II. Martin who succeeds
Eugene y. Foss OF Boston the directors OF the
Greene Consolidated Copper Company were re-
elected by 5sS.4S3 shares.
PIG IRON PRODUCTION.-It is figured that
the value OF the pig iron production OF the country
this year Will he in excess of S4SO,eo0Oso as com
pared with S3750oo0 900 IN the preceding year
WESTERN UNION MEETINGS.-At a special
meeting OF the stockholders OF the Western Union
Telegraph Company held Yesterday the propost-
ton to authorize S5.OOOOoO bonds and to issue
100000 of them at once adopted by a vote
of 696.l14. against 233 At the annual meeting OF
the stockholders the retiring board OF directors
was reelected. with the exception OF the late Rms
sell Sage and Louis Fitzgerald. who We're succeed
ed by Henry Walters and j. ]. 5locum In tha
company's annual report II is shown that the a,
curities owned Indicate that In the year the com
pany disposed OF its holdings OF 41IF. shares OF
the stock of the American District Telegram Com,
pany of New York. 1t 10 also apparent that ssa
additional shares OF the stock OF the WashinetoD
and New Orleans Telegraph Company were ac-
Quired In the year.
DEPOSITS OF BROOKLYN FERRY BONDS
The protective committee FOR the holders of tba
first consolidated mortgage S per cent nrtv vear
bonds OF the Brooklyn Ferry Company OF Nav,
York announces that more than a majority OF rha
said bonds have been deposited with the Nnicksr /
booker trust Company under the agreement dated
August %. 1906. N
TO INCREASE COTTON OIL COMMON DTvT
pENp-The directors OF the American Cotton on
II the counsel OF certain directors prevails the dvt