New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-14

FOREIGN TRADING.-Foreisu houses o'-s1
300" shares in the local market IN Londcn q
soils retained their advance OF the preceding =
and gave cheerful tone 10 the general list =
mining department was quiet without much y
ure- The copper stocks were firm. Money vs
moderate demand. but should work easier a'~'
next week. as the fundamentally settlements are
IN London and Paris. while there is suSs'a--
return OF cash to those centres from QUIZ
points. There seems 10 be less demand for soc
London. as the Bank OF England has been als
secure a little in The open market against its FIJI
competitor
MARKET GOSSIP.-Consolidate Gas vas
weakest stock on the list. and sold OF under pr
sure from houses with political connections =
thought impossible 10 hold up the @-cent sas
In the present session of the Legislature. ne =
izing has been on the knowledge that the us--i
ducements in such cases have not been els'-
While the Jenkins failure in Pittsburs was
treated seriously. IL is likely that there was
selling arising out OF il. The account opsA
said 20 De fairly extensive. especially in the u.
states Steel issues. There was some selins -
by house with political connections whlen
quite prominent in that stock during the NV
Van Wyck period Wolf Brothers were nou'',.
heavy sellers OF United States steel To
think. however. that j. Hobart Moores ps-
count in that stock has now been realized ".
and has strong bull point on that issue. s',a.
the buying for that account. however. Is pfOs
due u the fact that calls are still being w-
some OF them for the end OF March ou' ~
for the end of April and OF May. II IS II
from the floor that the Boston houses eon'lnu.
heaviest buyers OF Amalsamated copper '
the trading in IL is probably directed teWa'u
fishing stable market for Anaconda at the pr.
level Anlalgamated Copper has not diS'O~
rI,.. r,ro a.fx- in, sl,aNc
FOREIGN EXCHANGE CONDITIONS
macher & co. say;
The advance in exchange during tne II
amounted TO fully one cent pound on pIIl-ss s
Continental exchange. both francs ana N nj .
hecting materially higher rates. In View q
sharp advance of the week. II IS reaisVr %
expect a snort reaction. and perhaps AR "
resumption of the advance In rates 70 u Co.'S
export point. Since neither England nor wy cod
nent. however. seems TO be in need or any srga-s
Is not likely that there will be any heSNS n thsf
ments of the yellow metal from mere. nace
should be any. they will probably tax soes,
transactions. with absolutely no bearlns ale =
monetary situation. At one time tne =, vDts
cheques on Paris had advanced 10 p9''n,n psb
gold could probably have been expeEteesr =
offered by French bankers. none was ,rinx
which, under the circumstances tcohsiu0 ocH4
money market herel. was quite fortunate auesfF
at matters broadly, there can De uus,nr cr~
that country has produced such aot.'.aari u,
that we certainly not n debtor nation, as Il
not be counted upon 10 export soic, w, 10 q
with consent. In the shape OF iosn, al AZ
eigners which at liberty % can y. nc
time. In other words. outside of our re e5 an y
financial horizon and nothing but prospe'sm,; =
economically and industrially. is IN s'sSA
course of foreign exchange, therefore, =
give US any concern The balance OF "~