New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-21

advance and foreign houses had buying orders On
the stock They were suspected OF covering
shorts F W. Perry & Co. were prominent among
the early buyers OF Lnseed Oil preferred Ihls
is not a corporation which publishes great deal
Of information about its operations. The Standard
OIL interest seems 10 be the best point for inquiry
and they talk higher prices. Business at present
is admitted be good in the trade. WON BroIAerS'
who have been active the long side IN the last
day or two, were substantial buyers of Missouri
Pacific and also took a considerable quantity OF
American Smelling. Edey, Brown & Sanderson
bought stocks round the room IN some quahItY'
paving special attention TO Steel common and pre-
ferred and Reading c. B. Macdonald was heavy
b,ver Of Union Pacific and was said to have taken
something like 5000 shares in the first hours trad
ing This offset a considerable quantity Of profit
taking sales.
FOREIGN EXCHANGE CONDITIONs.-C. Schu-
rnacher & &c. say:
Demand sterling during the week advanced 10
4S7 while Continental exchange remained about
steady at practically unchanged quotations. Money
continues 10 be easy, and therefore 1qIfelgn tex, e@o
change may work a little higher, especially since
Because of the belief that the new Russian loan
will be placed in London within the near future.
cent to ) per cent this week, and this resulted IN
an 1iIeIihood of lower figures in the month
two We should not be surprised TO see gold ex-
aIthough it is little early this writing TO make
any definite prediction. It is worthy OF note, now
ever that our records show exchange IS more app
tc decline than advance during the month OF
since the h4[atl ms I2 - 5 fine eno5gh left
for a movement Of gold exports TO gain nuGh
headVay before the supply OF exchange viii again
p5ercja bills especially grain bills has not been
as liberal heretofore and will probably Gln 1
ish more. that any additional inquiry LOT remit
tances will find reflection IN Rg s 6eave that our
SIteTs viii avaf themselves literally from
now on Of their foreign credits and draw long pllis
estabi1s{aeGi a5road Should decline The
.,F1 III al
n nef only in England but also the Continent
GREAT WESTERN AGAIN CUTTING RATES.
chicago Great Western the prince Of rate cutters
among the Western railroads, has reduced the rate
~ dr1,poods q cents and on cotton piece goods l25
cents If this cut is by the other roads 1t Will
cost them about 100000 in revenue 81. PAU
c-o-+bves+ and Burlington will lose about SOVOVOJ
..cb and Rock Island, Atchison, Alton and Wa
h.eb nearly $4,000 each The cut will extend from
4b Missouri River TO points further west NO
exclamation has been given Of the Great western 8
motive in reducing rates. except the usual one
-, &c that the company wishes to compel some
=, The larger roads to take it over at fancy price
,TDvr,{rNIrT OF COTTON.-According to The
4torcial Chronicles compilation, the total re-
ote of cotton for the week ended January - We're
e 200 halae against 1G0116 bales in the preceding
u,eek The total receipts since oep'ethDer nay
80, = 4ee 7s5 bales against 65ii'554 bales IN inc
.gnording period in the preceding year
,rrTNESSEE COAL AND lRoN.-lhe STOCK En-
- has received notice from the tennessee
CO, Tron and Railroad company % eS =
a-'aee Of its common stock from SzS'V'"" 10
| 100000 ,ra, tarl, clsarjngs OF
800 states for the week ended January =
,nted TO Sc 500 100, against SS 14'I'e'4 III ''ie
a,a4i,g week and. s29l2 4S5.5ol in 1895.
prGTn rOR MEXICO.-Gold TO the amount o
- 90 ono ,s shipped to Mexico yesterday making
| 100000 for the week ,,...,o,, has been
hppTIC,ATION TO LIST.-Application mas De-
| "a "a the Stock Exchange to list $'oVVo,Vo o'"''
~ pacific first mortgage refunding IS OF 1900
en- Don CERTIFICATES.-Re Regular ana ioual ~
| Al Ii+ iron certificates at the f'fo"uIe -,
! oiS pc ., "a a shade lower. There were no sales
Final prices for regular follow Cash $40 'O gen. -
Ir,or,, SIG Joasl6 90 February, SIG 5od9L'' No.
/ SEQ hid Closing prices for foundry foo" - ~
SiO Ian,ary SIG e0a$l7 p; February SIT 'oe9.' 20
! March, April and May SIG "a@i' o. JUN
/ bid ,,.,-Du1oK - The
..tt-9lIook Of Railroad securities, lssueu i''il1
III, in January by the publishers OF me ~,
| 80 and Financial Chronicle" is no" TehuH' -
taa, Gives a detailed statement OF the stocAs ~
! tnded dent of the leading railroad ana N
conpantes and the gross and net neon" -,
ssres of years. together with the interest eN"i .