New-York tribune., 1906-04-17
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Though the London mar
ket closed. arbirage houses were sellers of up
ward of ten thousand shares for London account
while there buying for Continental ac-
count.
PACIFIC COAST.-There are strong reasons for
the belief that the Pacific Coast Company is about
10 fall into the hands OF one possibly two OF the
big railroad systems of the country. A banker
who is closely In touch with the development OF the
Pacific Coast says there are excellent reasons for
believing the control OF the Pacific Coast Company
will be found ultimately TO rest IN the hands Of
the St Paul The st. Paul extension to the coast
is TO find it's western terminus at Seattle While
the St Paul owns considerable land in Seattle, the
real kew TO the terminal situation IN that growing
CITY is held by the Pacific Coast Company. The
addition Of the Pacific Coast system OF railroads.
steamship lines and coal fields would provide the
ST Paul with western coal supply and would give
it freight feeders along the Pacific Coast
SLUMP IN BUrTERICK sToCK.-A sensational
slump in the stock of the Butterick Company
occurred Yesterday on the Stock Exchange. After
opening at 521s. against g. the last preceding
price the stock sold down 10 81 then 70 40. A, 4S,
Al and 40 in quick succession. on sales or 1OVo
shares With this violent decline several rumors
became current. one that the company's annual
report soon due, would show that owing 10 the
enormous expense the company has been put to IN
the last year owing TO the printers strike the dv
dend had not been earned. In the absence or the
nresident of the company from town the treasurer,
&.
couId not understand the reason for the decline.
INTERNATIONAL. .NICKEI.-Arrangements are
being made 10 list tire stock OF the International
Nickel Company on the New York Stock Echange.
The stock is now dealt IN on the curb the common
selling considerably above par and the preferred in
the neighborhood of $50. There is $l2.OO,000 per
cent preferred stock and s12OOo.0Oo common stock
authorized OF which $ssl2626 of the preferred and
IS. So. .662 common have been issued,
HUDSON BAY COMPANY.-The Hudson Bay
Company which holds extensive areas OF Canadian
lands we'll operates in the fur trade sold in
the year ended March 81 farm lands and town lots
which realized S495.O0O. against s2.OS0OO0 in the
preceding year The average price for
farm lands was 80 II in 1soi-'O5 as compared with
Sc l5 In 1S0S o. but IL is safe that much
greater gain will be shown for the year lust ended
The increase in the average price for farm lands
between 1898 so and 190i'05 over 70 per cent.
CINCINNATI. HAMILTON & DAYTON.-The
time for the deposit of the IA per collateral
trust notes of the Cincinnati. Hamilton & Dayton
Railway Company with the Central Trust Company
expired yesterday. and the protective committee
will not extend tho time Notes hereafter will be
received only on the payment OF a penalty OF $40
for each note deposited
NEW AMSTERDAM NATIONAL. BANK CsApT-
tai lNCREASE.-A special meeting OF the stock
holders OF the New Amsterdam National Bank mas
been called for May IA TO act on a proposition 10
increase the capital of the institution by $4,000 To
100000.
DECIANE IN SUGAR-American Howsu ana
roueAe nave reduced list prices sugar 10 points
making sranulated basis 45Oc. less per cent
SALE OF COFFEE EXCHANGE SEAT-s Cot
Zee Exchange seat has been sold for $500 arainst
the last preceding sala OF IS g7s