New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-06
WALL STREET AND EXCHANGES

fOREIIN IEADING.-Foreign houses dealt in
teoDo shares 81 rhe local market, sales and pur-
caases being equally divided. IN London. consols
were heavy and the general market was lower.
WIN lAe exception Of the copper shares. which
were iairly STEADY. There was no material change
u foreign money market rates
MARKET GySS-P.-There appeared to be fair
support n Ca,ted States Steel after the opening
Dah- There was lot OF scattering selling appar-
eAuy on small orders from out Of town Traders
We ny no means inclined 10 take the lease Of the
..-A oEe lands as bull argument. They argued
~ d. "o--d Involve a heavy responsibility in
"tS o. Gun business. Although a good many
a-elA are 0earisa on Amalgamated Copper, It is
-'e 'tlat they would be content with very
s"' profits "H the short side There seems 10 be
20 question rrat there has been an adjustment of
'-'ie PIPER situation and II is almost equally
- am ms involves such financing as makes bull
e., imperative. u is argued. therefore, that
lu DH interests must advance the price
- o' 4aJeT i IS said that James p Keene is
- ''s Bear side n the market and sold heavily in
london oa Saturday and before the onening II ts
rleo aisp that he was responsible for the early
Al-'ss in Brooklyn Rapid Transit and expects
- - is southern Pacific back at lower prices in
49, --t'liN The best sort OF selling in United
49,. 80 Steel was by HaIlgarten & Co who have
10 "ern prominent among the buyers and
~ usually credited with doing a good deal az
SCI business. Wreun Bros. one Of the most
- ~ me trading houses. was also a heavy
- mere WIS "a good market even for stock
= 14is volume There plenty OF bears on the
- H. A. SAef-e. J. s Bache & Co.'S represent
-, oN me tDor reported that he could not find
- inc whole Stock Exchange Jacob Field
= -1 70 De among The active bears. 4. Upper &
were among the notable sellers around the
r., iotlceabiy In Amalgamated Copper and
I'''ea States Steel and other active wire houses
- -epFeseHied on the same side. Inquiry among
. 'i-itlsslon houses does not Indicate much
- 9IFl q dozen representative houses doing
49, miscellaneous business, reported that they
.. ''l carrying FOR customers within 20 per cent
Il "-at iAey ID consider "A safe line OF stock
-. - active n. 1e;. Flower & CO. were credited
a. e i'ieL "a rally in Amalgamated, carrying
-. - 'loa Tie neigibO-hood Of 10 with fair sue
49, standard Oh houses seem 20 take care Of
en- '-.F lalf-y well. but do not bid aggressively
- -f' perhaps. To- encouraging the fOrms ton
snort interest. The Gates following is said 10
H., 'Lg stock on the decline. Over l54 the SELL
~ mon Pacific looked good Selling orders
r. "''A1Iawh on recessions but AT that level
Nas an unusually free supply of stock
80 @%S lily SOETHERN.-In connection with
=, ~'- iol special meeting Of the stockholders
g., Kansas city Southern for March ls 10 au-
~ lte issue 81 $1,000 per cent six-year
~, @i'o 100000 "a per cent twenty year i'm
ls,''ehi bonds. Sc. 100000 Of the latter 10 be
~. - - secure the notes. IL is announced that
h,,. kAoloers Of record 81 March 3. 1906 VIII
- The right 10 subscribe for the notes al s. and
r,'ssl as already announced
f,,,-- CANADIAN PACIFIC DIVIDEND IN
fl'.-Ihe directors OF the Canadian Pacific
Nsriared the regular seTni-annual dividend OF
g. cent on Tie common stock. They also de-
.. we regular semi-annual dividend OF per
~ on Tie preferred stock
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