New-York tribune., 1906-06-01

banking houses IN the Sfreef Is sSas -
s1rion TO This plan has devsloped IN PdlTs7eT5s,<
but that it will be unavailing owing 70 the pres,I-
OF the bankers who are bent upon facfltati,, %
portunities to investors who wish TO avoid sba -
ent circuitous method OF trading in the stock ,ys,r
has obtained under the policy maintained IN pbr
delphia. In event arrangements will bs rrss-
TO have Lehigh Valley dealt in al least in ths -
listed department
STEEL RAILS-The sales OF steel rails
this week have been heavy aggregarins r.o-a .df
10000 tons for delivery this year For 1877 as,-
nearly $4,000 tons were added to the books u, -
various companies. For delivery this vea- ,n ~, Is
nois Central has Just taken +00d0 tons. the R,,-,t
ton. 25.00O tons. the Tdewater Railroad y Go .s-
the Great Northern. 20Ss0 tons and the yyT,AarNas
Lake Erie and the Omaha. 900 tons saer
were numerous other small orders. For his -.
delivery the mills booked 2oC0O tons over rhs -
week ~T
AMERICAN SMELLING AND REFINrvn
directors OF the American Smelling and Ras.s-ee
Company viii meet soon to take action on ~ .-s
lar quarterly dividends. The indications a. 80
the rate Of y. Per cent on the common viii h
tanned and that there Will be 10 increase A. -
present time 's
DUS's WHEAT CROP REPORT-pt,,,,.s.-.
'DUns Review from branch Offices ~ p
Dun & Co. located in the prfncipal v1t,.a : y
states indicate that the outlook is better t,a -
al this date. Earlier reports oS possible ipt,- -
drouth are followed by statements thar ar,,I.
mas FALLEN and there IS little danger OF A O.
yield on this account As usual a cerrst- -
centage OF the crop was winter killed and ~ -
piOughed up and replanted. but the nrono--,.
work or this nature was less than uslsl - - 2,
favorable reports received from yficrtss sast
low temperature has seriously retarded arn1S e.s
Little damage IS noted in any section on seca sUwta
insects. Storms have injured wheat in W 1W-ss ot
Kansas, but conditions are favorable in -,og, s1ln
OF that state Seeding OF spring wheat 6ss '.s Sa
and The acreage IS about normal decrssseA 1.Sa
Red River Valley being made Up elsewhere W. ~ =
weather IS now needed In the NOrJhwegt to ar--ta
best results spring whea- a. rbera is IAN
dant moisture in the ground Ao1N-
BOND PAYMENTS EXTENDED ~, -
meeting Of the stockholders OF the BatopiIaz No
Company. resolutions were adopted recsrine ~. -
the directors 70 take steps 10 extend the nsaS
or the bonds Tor ten years from Decer1bs- 49,
VIII 4 provision that 10 per cent % the bonds =.
cstIeu LOT payment annually. beginning b fse -
OBJECT oelng 70 enable the directors 10 anlv -s
ton OF the net earnings 20 dividends on tSa -.
earlier than would otherwise be possible y. 'oeA -
cordance Herewith the bonds ar. now Ssf1 "a &C
ed with Indications thar the bondhoder~ 5a-a-f
Will consent 20 such extension Gross bullion nrod
has been S71 30. -0i' ye41
GLOBE-W ERNICKE COMPANY 10 INCREASE
COMMON STOCK--At the annual meeting ~ ~.
stockholders OF the GIobe-Wernicks Cor,nan,
Wnlcn VIII be held az the Office OF the connaanv \,
June % proposition will De submitted IN rc-sssa -
SzUU,ec. ThlS addition Will make the torsI es1i.sI
stock or the company So 000 90 there benz n $500
OF . per cent preferred stock
NO ACTION BY ST PAUL DIRECTORS ,,a
been expected that at the monthly meeting vs.ra-
gay OK the directors OF the Chicago. Milwaukee
taken and announcement made IN regard 70 -
C Inpany plans for financing the extension az tSs
SSteIl 20 Lle Pacl1c Coast but after the rnaAs-1
Chairman Miller said that no business ~ i1nross
tance had been transacted - -S