New-York tribune., 1906-12-27
TOPICS OF THE STREET.

London ESXChangc
closed, and as consequence foreign houses
were not factors in the local market. Prices on
the Paris Bourse opened Arm. but declined later
fears OF dear money and closed weak Russian
imperial IS closed az 75 70 against 7550 Saturday.
and Russian bonds OF 1904 at 493 90 against 494O0
TALK OF GOLD INdPORTS.-The low level at
which sterling exchange Is now quoted has revived
talk OF gold Imports II was figured yesterday
that at the prevailing rates for money the inter
est charges the precious metal IN transit would
not be sufficiently heavy 70 prevent imports Il our
bankers should insist on bringing IN some Of the
metal, but International bankers freely admitted
that they were not inclined to engage gold abroad
owing TO their fear that such operations would
tend 20 disturb financial conditions n Europe 1t
Is thought, however. that gold might be brought
here from Australia II the Treasury Department
would make advances against such engagements
SECURITIES LISTED.-The following securities
have been added to the Stock Exchange list: Chase
National Bank. s4.OOO0O0 additional capital stock
making the total amount listed S5 900 900: SO $751;
700 General Electric additional capital stock maxi
ing the total amount listed SOS 217 200: 600
cent sterling loan coupon bonds OF 1881 Of the
Imperial Japanese Government; So 102 500 addition
al common stock Of the Colorado Fuel and Iron
Company. making the total amount listed ss4 235-
500. and S3. $50 900 additional first refurdng mort
gage per cent guaranteed sinking FUND coupon
bonds % 1855 Of the Southern Pacific Railroad
Company. making the total amount listed ss2sl4,-
ooo
MONEY IN NEW ORLEANS.-The money mar
ket at New Orleans IS still Arm and II may be said
that the recent action OF Secretary Shaw In placing
$150Oooo with banks at that centre has had little
effect in relieving the situation Can loans are
quoted at per cent but there IS no great amount
offering this basis and the banks are necessarily
constrained to meeting the strictly business de-
nland. Foreign bills Of exchange in moderate
Offering with the market practically nominal Do
rnestic exchange IS stiT heavy and rates are at
transfer point commercial bills being quoted non,i
nally at 81 25 to 81 Is discount with bank at s5c
discount net.
DEPOSITS OF TOLEDO RAILWAY AND TER
MINAL CONPANY.-Referriug 70 the proceedings
to foreclose the first mortgage OF the Toledo Rail-
way and Terminal Company. which were begun in
the United States Circuit Court at Toledo on De-
cember 20, the protective committee announces that
II has authorized the deposit Of bonds under the
agreement with the Columbia Trust Company OF
New York. rs depositaTy. the Portland Trust
Company. OF Portland. Ne, sub-depositary on
or before January 16 1907, without payment OF any
penalty.
ROCK ISLAND-A Rock Island officer says;
turns SHOW no that % We % are Su v fortrbt Sar oS6Ts S61
hind orders and between 2ooN and 5000 cars short
5n00 new cars ordered last fail and should bava
greater than ever. Operating conditions are not so
had some real trouble in Texas. but nowhere else
NEW VEINS CUT IN PORTLAND NfINEs-T.
c. Delany. OF the Portland Copper Mining Com
pany. has Just received advices from the mines
that four veins all OF high grade character
have been cut. and that the mine Is looking we'll
with work progressing rapidly. The new smeIter
at Eucampment blows IN on January and the dis
trict IS fun OF activity and interest.
UNITED STATES sTEEL-A feature OF the
quarterly report Of the United States Steel Cor
poration. which win be made public the latter
part OF next month will be the untitled tonnage on
hand II is said that the statement VIII reveal
something more than 100000 tons. the largest
amount OF untitled business ever reported by the
corporation.
PIG IRON CERTIFTCATEs-Pfg iron certia-
Gates at the New York Produce Exchange were
quiet. but frner. There were no sales Prices
for regular follow: Cash and December so q bid |
Quotations for standard foundry follow;
January and February. S2S3S2i 50; March S3gS4
IRON c. 'TTONS.-The iron market bas as
sumed holiday aspect ana sales OF conss-
quencs are expected until after the nrst OF the
year. A sale OF 1850 tons OF basic iron was made
Saturday at top hgure.
REDEMPTION OF MEXICAN EXTERNAL, |
LOAN-Notics Is given that ts7 $50 Of the consolI-
dated external per cent loan Of 1899 Of the Next
government has been drawn In London |
for redemption ut par on January L when interest
will cease.
EXTRA DIVIDEND DECLARED-The c,areaIa
National Bank has declared quarterly dividend AZ
per cent and extra dividend OF per cent
payable December 81
COPPER PRICES HIGHER-Iaka co,,.- "a
vanced yesterday q in the asking price fror S91i
to "a. Other grades enjoyed corresponding i1onroT-
ment.
MONEY TO NEW ORLEANs-roc,, ho,,.
transferred through the sub-Tressurv srno Nno =
New Orleans