New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-16
WALL STREET AND EycE,v,-

AoNuES
FOREIGN TRADING.-Foreign hop,..
ZoVOO shares mostly sales In London CO asak i
firm but the Russian bonds were wei, s'u1ois ~
The general market was steady IT,. and os.,
cline in the price Of bar gold Dis,o,,1. was q.
unchanged, with the exception Of p! .s'ss W.,
there was a slight decline WIS,
MARKET GOssIP.-Post & F7avu
conspicuous early buyers of Unitsa - tae r1E
preferred. establishing a new bigb states s'ates s;ss
price In the first few minutes stand.rs ~ lot u
ests are notlceabIy buIlIsh and arc VI iats
hopefully Of dividend basis for ths ,o .-.Ag YEP
early future The bull talk on the Rns ,,oa n u
and particularly the preferred stock. "'ass
come from well informed quarte-a. ms .
turns on the arrangement made with - aaa
stockholders Of Rubber Goods. but 49, ,,-'aofg
ciated with the Benedict operations e.. asa>
preferred should sell a 125 Standard NJ, - as
were credited with some buying Of the So
morning. One house which does a o., n e
business quietly for the least ADVERTISE "a Z
the Standard oil control added 70 ',s 80. s@'
chases OF Union Pacific quite substan.,sn- ss'
buying. in facts materially offset the ~ ~
realizing. An active house which triad .. '7s
call Of 1000 shares Of Arnalgamated Coz W
for sixty DAYS, at 80 and was wiling :, -
per cent in addition to fixing price Is noi,. s-@
from the market. reported that 50 MANY .-n,'
been sold that it was unable 10 do h,.' IS "a
those terms. In spite of the advance =
west and the BELIEF among some of n. s,.- ''Ou'
ers that Vanderbilt and Standard OH bro,.-- I'''
buyers. there was some suspicion that tha =. ven
there was being used to conceal realzir. ~
New-York Central One of the most aoti-.
of the Street advised its customers thu.
long account in Mexican Central which -, l9
gradually liquidated over a period Of tbrss -
had been all sold. There Is Official a,,tLo.,,
saying that New-York Air Brake canno+ -
with its orders and has all the bushes. :. - =
possibly handle up TO next October. Edvar5 g.
& Co. were active in ANA gauated Con7s-
were also substantial buyers Of Car and Fo,,s
The latter looks like the same class Of bnvt..
that of Spencer Trask & Co. last west NJ,
Brothers. who were substantial buyers of So, :
the latter part of last week were among The -,
important sellers in the first hours trading H..
sold 1900 Brooklyn Rapid Transit. 5Oa Me-.
Pacific, 100 Southern Railway, Zoo MetroDoI,,,
900 Erie and 200 Union Pacific. Traders war.
clinei to consider that the orders came from h..
sources. c. D. Barney & Co. were the ror
portant influence in Southern Railway b,r.,
something like 1900 shares. They get the cr.f, =
cooperating with the Gates following In this ,,,,
The buying of some 1909 shares by EIlineer Rat,
ers was responsible for the strength in CoIors
Southern. Ultimate incorporation in a larger w.
tenn is talked OF.
CHICAGO AND Altoona circular Ia, ~.
sent by the Chicago ana Alton Railway n -
stockholders calling a meeting for March i I, a.
upon a resolution to merge the Chicago and .r-
Railway and the Chicago and Alton Railroad cor
panies The Chicago and Alton Railroad il y,
old company. For number of years there "a,
been outstanding a small minority stock which n,
stood in the way of the merger. This stock b,
now been bought in, and the proposed consolt,
tion is. therefore. largely Formally There is .
opposition to the plan.
ACTIVITY IN STEEL PLATES.-As result
the congested condition of the plate mills IN Il.
West, several Eastern plants have been deuys
with orders from concerns engaged in the maa-
facture of cars II was to check this large !laas
of business that an Eastern plate company u
Gently placed premium Of g a ton on its pruigc1
The company is now turning out about five th0s
sand tons of plates a week, and has sufficient ..
ders TO keep its plants running several months IN
consensus Of opinion is that all the plate nils
the country will be kept busy his year.
UNION PACIFIC AND AMALGAMATED CIR
PER-Weakness in Union Pacific and AnaE
mated Copper failed to exert an adverse infu.l
in other parts of the list. The decline in tz
view of the recent strength in both stocks ia
selling movement was not surprising And e
same thing may be said of the unIrE=asnt b
cline in Anaconda.
TREASURY OPERATIONS WITH BAAZl
Total payment by the government to Nw-hE
banks for the day s4.999OG0: payment by bs'p
government So $4,000: balance on the days uz1 /
actions, s1.614.OG0 paid by government TO bars |
total net payment by government to Eats al /
Friday. S4,H7.Oh. against g, 900 naid by g01
ment to banks for tie corresponding period VS.
ago, and $3.50 paid by government to banks
year ago.
WESTERN COAL TRADE.-According to II
reports received from Chicago. the soft coal t1I
Of the West is not enjoying its share OF th4 PEI
perity which is pronounced in other lines OF 0i Il
ness Commercial demands are well sustained, Il
the general consumption of coal has been gre1- |
curtailed by the continuance Of mid WealS
Prices of bituminous have eased of
AMERICAN LOCOMOTIVE.-Accord 10 Oh
GERS of the American Locomotive Company h'''
is no probability Of new arrangement osS''4
that company and the General Electric ComP4.'
as reported. There is at the present time wa
ing arrangement between the two concerns i w
manufacture of electric locomotives.
RECORD PRICE FOR BOSTON EXCHASa'
SEAT-A sale of a seat on the Boston s'oeA =
change is reported at $500 the highest pries sa
recorded. The last preceding high record was Ng'-
APPLICATION TO LIST.-Application mas -
made to the Stock Exchange to list 2,2laSD s1-
tional guaranteed betterrnent stock OF the tS''
land and Pittsburg Railroad Company.