New-York tribune., 1906-07-19
MINING
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Fcrelgn houses dealt {,
$4,000 shares in the local market all sales In Lo
don the general market was dull and heavy. Mozzv
was easy. but there was some uneaslness IN hua--
cial circles over the Russian situation. Russian
bonds were lower. and the St. Petersbur,
BOurse there was further drop in prices No ia
ouiries were made in London for gold FOR Americas
account. but 1t was reported that S1.500.000 tad
been shipped frcm Australia TO San Francisco,
HEAVY RAILROAD EARNINGS-RaiIrOad ea~7.
Ings now coming to hand show large gains over TIA
corresponding period year ago. OF the repo7.s
received yesterday the most noteworthy were sup-
piled by the Missouri Pacifc the Western Mar.
land. the Canadian Pacific and the Missouri kansas
&, Texas Missouri Pacific for the month Of Nav
showed gain in gross Of Ss15.774 and gain IN u.
OF $685. $780, making gain in for the first clever
months OF the last fiscal year Of SsS4.572. Caua1z
Pacific Is maintaining it's good record. showing q.
the second week IN July increase IN grOss q.
900, making gain for the first two weeks G.
the month Of S61sOOO. Gross earnings OF this eur-
pany for the last fiscal year viii show in the a.
nual report gain Of more than S10O0O0OO.
DIVIDENDS DECLARED.-The directors o. q.
American Light and Traction Company have De-
clared quarterly dividend OF IL per on p-s-
ferred stock and 1A per cent on common the late.
being an increase OF Z Of per cent for the quar-
ter. The directors OF the Cambria Steel Company
have declared a dividend OF IA per cent, SENT
annual. The Pacific Bank has declared a quarterly
dividend OF per cent payable August / The a.
rectors Of the National Safe Deposit Company haTs
declared a dividend OF 255 per cent. payable An
gust /. Directors Of the Twin City Rapid Tra1sl.
Company have declared the regular quarterly eiEi-
dend OF IA per cent on the common stock Ths
Western Telesraph and Telephone Company has
declared q regular semi-annual dividend OF q usz
cent on the preferred stock. payable August
The American Chicle Company has declared ths
regular monthly dividend OF I per cent on rs
common stock.
IRON SITUATION.-A P1ttsburg dispatch says
that it is the opinion Of the local trade authorizes
that the iron situation Is decidedly strong Prices
are firm, though sales have been small Stocks q
foundry grades are small while Bessemer Is Vrse-
ticaIly cleaned up. Shipments being made as
fast as the iron can be handled Conditions nov
existing are really unprecedented for this season
of the year. and interviews with leading eOnsss-
vative manufacturers express optimistic eonndsrcs
in the immediate future Of the industry as whoa
This confidence is duly reflected IN the new plants
and furnaces under construction and in conteHDl-
tion. Il being estimated that the present record
figures will be left far behind within the next I've
years.
PIG IRON CERTIFTCATES.-P1g iron certificates
at the Produce Exchange opened steady for rssu-
lar and higher for standard foundry. The demand
was slightly better. Sales 100 August regul-E
at N6 90. 100 tons November standard foundry az
S17 So 100 tons November standard foundry a.
S7 Al Prices for regular follow: Cash, SIC Sess-'i
July ana August 5U4SLtS SepleIlDS4p %lee'1
s16 20; October and November, SIS 5O9s1L QuoeaIo'
Tor standard foundry follow: July and Ausrs;.
SIT 259S7 Is; October. sI7 409N7 50: November 81 .
GSt7sO
BLACK RUST ARRIVES. CHINCH BUG NOT
REPORTED-Ch1cagO reports that black russ -
doing great damage in the spring wheat uai1s
Though no mention is made OF the odorous ehinca
bug II doubtless soon win make itself known %
the Chicago wheat bulls. Trustworthy reports
from the spring wheat section are extremey 1asos-
able.
WESTERN OHIO TO INCREASE 6TOCA-A
special meeting OF the directors OF the Western
Ohio Railway Company win be held az Lima Oa.os
on August Is. 70 vote on increasing the eapa|
stock from SSOOOC0 TO $a4cOOOO. and to take acton
on the proposition 60 secure an independsns e.
trance through Lima.
COPPER IN LONDON-There Is large 1sAf
account in the London copper market. a rsasc1-a
OF which was presented In the course Of che ra'4
yesterday. when the price advanced E15 shtinss. !"
ESQ 7s. Cd q ton.
VICTOR FUEL REPORT-Earnings Of che We
Tor Fuel Company for May were S222as sEosss -
Increase OF ST7TOl: net earnings SISl2 incrssss
Or SSOSo4s and surplus S0.460 increase OK S-'eA
Surplus four times the interest and ta1es ~
that period whils for eleven months II was uo7s
than three times the interest and taxes eulo-Asns
90 sS42255. an Increase OF SzSs9 Gross for eisvsa
mouths increased s57O.s4O. and net S2aO5I2
GREEN BAY & WESTERN DEPOSITS-Ti;ssa
the last thirty days over $.O0AOo0 Green Say
Western cps debentures have been deposited Va
the United States Trust Company. THIS g i1 eenr
ton to the large amount previously received
SUGAR PRICES LOWER-The FeGeEal srs1
Refining Company has reduced the price os s-aHf
lated sugar Cor prompt shipment 20 q basis q saS
This IS a decline oe 80 points from resent IS
prices.