New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-30
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses oealt IN
Il oaa shares IN the local market, selling 5Ooo on
balance. IN London the general market was firm
although little interest exhibited IN trading.
The Bank Of England made no change in its dis
count rate but rates in the open market exhibited
q frrler tendency. Discounts in Paris and Berlin
were stronger.
CONSOLIDATED CASA the Consolidated Gas
directors meeting nothing but routine business
was transacted No action was taken on the divi-
dend. and the Eghty-Cent Gas bill was not con-
sidered Il Is not thought likely that the dividend
question viii be considered for several weeks as
u IS only two weeks since the last disbursement
ives made Probably there viii be a reduction in
the rate
BANK OF COMMERCE sTOCK-F1fty shares OF
National Bank Of Commerce sold at 1S2, q decline
o. points from the last sale made on Wednesday.
TIE STOCK Of this bank has had steady decline
ever since the Armstrong committee recommended
that insurance companies dispose Of their bank
stocks This stock sold AZ 1913 on the first day OF
March and at -ss on the second day Of January.
STANDARD ROPE AND TNVIN5 COMPANY
Property OF the Standard Rope and Irvine Com
pau- or Eliza beth y. J.. sold at public auction
o. Wednesday on order OF the Manhattan Trust
Company for the first mortgage bond holders The
property was bought in the names Of Alvin w
Krech and James 2. Clews, for the sum OF $3.50"
TITS IS one Of the preliminary steps toward acquir
,1F -fe properties Of tbs old Standard Rope and
TV--e Company for the new Standard CoTuage
COMPANY.
COLORADO FUEL AND IRON.-COorado Fuel
ard Iron which has been advanced BY insistent
mar 0lation appeared yesterday 10 find less ardent
admirers than on preceding days This WIS probably
Due 10 the publication Of the companys income ac-
count ~1- eight months which showed on the 81
eoFg capital stock a surplus earned slightly over
5000 with no depreciation charges 20 speak or
TO PURCHASE AMERICAN SDCURlTIES.-
Ad~es received from Paris state that the first Is
SIC r. 90 900 francs per cent bonds OF the Societe
Fnar-e-s Arnerfcaine, due July !. 1885, has
Just been made and that all the bonds were pri-
vate.v placed a lttle below par by leading Paris
bankers with French investors. The proceeds Of
this issue. amounting TO nearly $4,000 are 20 be
invested n American securities under the advice OF
the New york directors. who are James Speyer,
adrian Isel.n. r. Norman p. Ream and Richard
sl1-ster
UNITED STATES MORTGAGE AND TRUST--At
ne United States Mortgage and Trust annual meet
ing John W PIatten, vice-president, was elected
director. and Samuel S. Campbell, cashier Of the
Merchants National Bank, New York, was elected
vice-rresidert 10 III the vacancy caused by the
res.grar1n Of Clark Williams. The position Of as
sstaut secretary, which had been vacant for some
tine was filled by the election OF s. p. Colt, at
present manager OF the companys municipal bond
department
CORN PRODUCTS REFINING.-The new stock
q tle Corn Products Refining Company, the re-
organization OF the Corn Products Company, was
TRADED in on the Stock Exchange yesterday for the
first time The common stock opened al Z594, while
ne common stock Of the old company closed at
u. Wednesday. The preferred OF the new com
pa1y opened az So while the old preferred closed
~ 1szt Wednesday.
GOLD IMPORTS National City Bank has
Secured al additional 100000 Of gold for import
% this country This makes the total Of gold en-
ssseo abroad by The bank for import $4,000.