New-York tribune., 1906-09-05
MINING.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Iondon traded in about
1oc shares in this market the purchases aggre-
eating $500 chiefly Baltimore "a Ohio. Reading.
Upion Pacific and Norfolk & Western. On the
London market money practically unlenda BILE
the close. Discounts weaker In sympathy.
The general tone In the stock market was dull. but
American stocks were firm. retaining all their ad-
vances There we're violent fluctuations IN the Tan
gsnyIka Copper stocks. where there has been heavy
speculation. Continental bourses closed frm.
DIVIDENDS DECI4ARED.-The directors OF the
American Can Company have declared the regular
quarterly dividend OF Ia per cent on the preferred
stock payable October l. The directors of the
American Beet Sugar Company have declared the
regular quarterly dividend OF Ia per cent the
preferred stock payable on october l.
PIG IRON oUoraTIONs.-Pis iron certificates
AT the New York Produce Exchange were steady
and about unchanged. There a sale Of 100
ton. OF standard foundry September $40 75 Prices
for regular were: Cash. 81 80 bid September. SIS
bid; October. slsdSs 80; November. 81 sQslS 90;
December. N775 bid; January, February and
March 81 BGgs q. Quotations for standard foun-
dry follow: September rsdss Is; October. SIS 500
Ss; November SIS soatls Is: December. SIS 5S9sls Ie
January. SIS l5asls rs: February and March. SIS %
asked.
NEW YORK CENTRAL. ON LONDON EX-
CHANGE-An official quotation has been granted
tn. New YORK. Central & Hudson River Railroad
Company's ST. OssOOo additional 81. per cent coupon
gold bonde OF 1897 Dy the LONDON StOch rASHai5o-
Steel. CARS FOR 2. s. O-FOllowing the re-
cen, orffcaI announc that hereafter the Penn
sylvanIa Railroad Company will order all steel
freight and passenger cars II is learned from
s-mi-orfciai source that the Baltimore q Ohio
Railroad officials have decided that the wooden
cars must 60 and hereafter only steel cars will be
ordered AT present the Baltimore & Ohio has
many wooden freight cars In use on the main Ane
These will be transferred to the branch lines or
destroyed.
THE CURRENCY QUESTION.-The monthly
circular OF Fisk Robinson. In discussing the sub
ject Of currency legislation. says:
There has been a material modification OF hnan-
cial views In ali parts of the country IN tne last
ten years All sections are now qualtned through
knowledge and inclined through necessity 70 mslsl
that their representatives. irrespective OF party
Affiliations traditions. give careful attention 10
this great non partisan problem on the risnt set
realized throughout the land generally that. while
the questions OF trusts. railroad rates ana packing
house methods important, the great economic
problem OF sound. flexible currency rar transcends
Them II IS fortunate also that there will be forth
coming early day the conclusions or the COM
mittee appointed by the New York Chamber or
question: That changes in present conditions are
imperatively needed is conceded by all 1t lies
with this competent committee to point out the
hest available method In. in addition TO its recon-
strongly the injury inflicted the people every
where by our anomalous currency system. and II
between now and the me citing OF Congress the COM
mittees suggestions are given the widest pubhclty
and receive the support OF Industrial and
commercial associations, particularly In the West
and in the South. II Is reasonable 10 expect that
Legislative branches Of the government can be Sc
cured.