New-York tribune., 1906-07-26
MINING.
WALL STREET AND EXCHANGES.

FOREIGN TRADrNG.-Foreign houses bought
upward Of $1,000 shares In the local market IN
London prices in the general market includins
Russian bonds. were strong. rejecting much bet
tor continent abroad over the Russian situation
There was no change OF importance in foreign dis
count rates
THE IRON AND METAL TRADEs.-"The Iron
Age says:
Interest has centred in the last week in the re-
Orders we're placed for eleven boats for delivery az
the opening Of the navigation season IN lSO' isS I
States Steel Corporation In all all @ g tb total
boats have now " been bee & 9EaeSSf fST @ 1 Is rte
This means an addition OF 100000 70 100000 tons
season & to 0ge the caTsSg puTe IN the present
campaign of vessel building OF an Over suSPlS @ & -
GoSsu3ns 1aKs l91ness snterests. sgss 20 nave no
Thai midsummer buying OF unprecedented pro
portions is in progress is indicated by the fact that
the United States Steel Corporation has OOChe4 q
5stnfSy % ny @ a5ssT and thst the DAILY era this
year thus far is much In & excess e3s o. are Tbted
through all lines in both light ana neaVy 4n@1eIa'
FOUNDRY IRON ACTIvE--There has been
some good buying OF foundry iron over the last Gay
or two In the Southern and Eastern markets. II Is
estimated that something like 2OCo9 tons were as
posed of Tuesday at very good prices. A sale of
1900 tons Of No. foundry iron was nlaoe IN TINS
market yesterday at between SIS and SIS % ton
In the West the demand for iron continues sOo0
and consumers are having a hard time covering
the possible production sold several months ahead
belated buyers are forced TO pay handsome pre-
miums.
ST. PAUL. CROP REPORT.-The latest reports
upon the crop prospects along the ST. Paul system
are similar 20 those OF the preceding week Wheat
generally shows pretty good, with rumoEs OF rust
from only one section Corn in a few sections
suffered from the dry weather. and VIII be back
ward unless relieved by rains; otherwise the con-
dition Of the crop Is good. Oats and barley are
being harvested in some sections ana are seneIa"S
good.
1zEA1,y RAILROAD EARNINGs-Earnings for
the third week in July of railroads reporting show
large gains over the corresponding period year
ago the improvement covering all sections OF tlT
country and Canada. Canadian Pacific returns an
increase of S2s1e0o while OF the roadS IN te C'ea
States the most noteworthy improvement IS shown
by the Gould companies and Missouri. Kansas &
Texas.
PIG IRON CERTIFICATES-Pig iron certificates
at the New York Produce Exchange were firm and
generally higher. There were sales OF 200 tons OF
September standard foundry at a7 g. Prices for
regular follow: Cash and July, N6 20 bid; August.
september and October, SIG 7SGS17 .; November
Sl6 eOds17 Quotations for standard foundry follow
July and August Sl7 SoGS7 co. September and Octo-
ber SIT 5OGS17 20; November Sl7 5SGS7 So December
Sl7 4O4$17 50.
NEW CURB STOCK-Dealings began yesterday
on the curb In the stock Of the United Mines Cor
poration which was recently organized under the
laws of Colorado acquire and consolidate several
mining properties mills and water power plants on
the east belt OF the mother lode in TuOlumne
County. Cal The capital stock Of the company is
S5.O0OOO0 in shares OF the par value Of 81 each.
GOLD FROM SAN FRANCIsCO.-The Treasury
Department transferred yesterday Tor San Fran
cisco banks $4,000 to New York.
NO ERIE NlEETING.-Owing 20 the lack OF
quorum no meeting OF the Erie directors was held
yesterday meeting has been called for next
Wednesday. when action viii be taken on the pre-
ferred stock dividends.