New-York tribune., 1906-09-26
MINING.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt m
10000 shares. evenly divided In London consols
were firm and the general market with the excep-
ton of American issues was strong. The neav1ness
in American stocks, however did not extend 20
Canadian Pacific. which was extremely active I'm
proveTnent in sterling exchange in New York was
responsible for easier tendency in London dis
counts In the fortnightly settlement the contango
on American stocks was quoted at 61s per cent
GOLD IAfPoRTs-Bonds were deposited yester-
day at the Sub-Treasury 70 special United
States deposits of $4,000 by the Fourth National
Bank, against gold engaged for import HeideI-
bach. Ickleherner & Co. have engaged s2o0ooo bar
gold in London IN addition to the S50OoO taken
Monday. The North German Lloyd steamer which
arrived yesterday had board seventeen boxes
Of gold consigned TO the National City Bank and to
Ladenburg. Thalmann & Co. the total value being
more than 81 10000 Total gold engagements on the
current movement amount TO upward Of $S2.oo0Oo0
INCREASED ANACONDA DIvIDEND.-Direc-
tors of the Anaconda Copper Mining Company yes
terday declared quarterly dividend Of 81 80 share
This compares with 81 S71z. declared in June; 81 12
IN March and STA cents In January. and makes
81 S71a paid this year. 10 per cent the companys
S30000000 stock par value SIS Last year dividend
disbursements were only per cent; in 1904 1903
and 1902. per cent In 1901. 13 per paid;
in 1900. 6; IN 1929 13. and in 1898. 10
OCTOBER DIvIDENDS.-It is estimated that the
amount of dividend and interest disbursements for
roads alone will pay out s15OOoOOO in dvi-
dends-
PIG IRON CERTIFICATES-Pig iron certificates
az the New York Produce Exchange were steady
and without noteworthy change. There were no
sales Prices for regular follow: Cash. SIS bid:
September and October. $1s9S1S 70; November. S1s9
SIS So; December, ESqSS s5 January. February and
March. $1s asked. Quotations for standard foundry
follow: September sl9 1880 25: October, SO Esq
SO 10; November and December. Ss9sa0; January,
SO 80 asked; February and March. SIS 5OGs1s 90
AMERICAN ICE sECURITIES-American Ice
Securities advanced 10 a new high record, and the
spectacle was presented OF a non-divtdend paying
Industrial stock selling nearly two points above
the first mortgage per cent bonds OF the same
company.
CORN PRODUCTS REFINING.-Ie Is reported
that the new plants OF the Corn Products Company.
especially the at South Chicago, will be cap
italiZed. or at least partially. The old plants will
bring large sums sale OF the real estate.
COLORADO & sOUTHERN-The present is a.
period OF expansion for the Colorado & Southern.
in which it is changing from local road into a
line that viii bid for through traffic from the Gulf
70 the Pacific. The account OF the extensions now
under way forms one OF the most important feat
Of the annual report for 1906 At the close OF
the year the lines included in the system had q
total mileage of 1868. When the extensions are
completed trains will be operated over total mile
age OF about 2250. This will be an expansion OF
approximately $50 miles.
NEW COTTON EXCHANGE MEMBERS The.
following have been elected members OF the Cotton
Exchange: Edward Moyse Of New York: Henry
Howard Homer. Of Liverpool; Theodore B. Deems
of New York; Daniel Webster Kenpner OF Gal
weston, and Alexander NJ. AgeIasto. OF Norfolk.
STEEL RAILS.-Inquiries are IN the market for
about five hundred thousand tons of steel rails
many OF which viii develop into actual orders with
in the next few weeks. Few OF the Eastern roads
have covered their requirements for the wear 1907
but expected 10 do so before the close Of the
current year. The rail mills are swamped with
business and are far behind IN their deliveries