New-York tribune., 1906-03-06
WALL STREET AND EXCHANGES

FOREIGN TRADING.-FNoreign houses dealt IN
10000 shares. buying on balance. In London the
general market steady. with the exception OF
the copper shares. improvement was reported in
the Kaf1r Issues and sentiment appeared 10 be
more cheerful over the South African mining mar
ket- Money was moderately easy IN London. but
in Paris discount rates were higher
BANK DEFTCITS-There were twenty-six hanks
reporting less than Is per cent reserve In Satur-
days statement. fifteen national and eleven state
This compares with twenty-four banks below the
reserve required in the preceding week twenty
one IN the corresponding week OF 1906 fifteen in
the corresponding week Of 1904, thirty-one IN 1bs
corresponding week of 1903 and twenty-sever in
the corresponding week Of 1902 The total dehci+
OF these twentysx banks was s. SOS i25 so thar ~
they all had the required % per cent reserve the
surplus would be increased by that amount rro,,
S,OOs, ,75o to S.S371
STANDARD OII--At the offices OF the standard
Oil Company It is said that there has been no gen.
eral advance in crude oil Ragiand alone has been
advanced five cents but refined remains unchanged
general reduction advance in crY,da oI 4,
usually followed by a sympathetfo Y,ovAr,a~+ q,
refined In view OF the fact that stocks of penn.
sylvania petroleum are near the S,0ooOoo-b barrel
mark. producers would not be surprised TO hear
OF an advance In refined at any time
STOCK MARKET OPINIONS.-E. & G RandoI,.
say:
The market acts badly and its action ind,ca..
We Sha' beevs ehs s Of prices is s
lquidaton still TO come and that prices are e'c so oI
lower. eNAAS
C. G. Gates Co. say:
We think that the present Is a good tim. 20 ,.
developments. Amalgsmated Is beinr sola WI. t
strong people every rally e's sofa oy
MISSOURI KANSAS AND TEXAS ROM rs
SUE APPROVED.-The stockholders os tba ,T,
souri, Kansas & Texas Railway Company have an
proved the proposition to authorize the crsstto~,
and issuance OF general mortgage sinking rInd
bonds. TO be limited to SoOOoOOo The bor,. ,,,,,
mature on January 1. 1885 bear interest from, I,r
uarE l. isNo' a, the rate OF Az year paw
able semi annually.
latve holdings purchased the first break late n,
January are said TO be coming into sight NIarc,ns
of 10 per cent have been practically wiped out ana
those who carried stocks on % and 30 noirt r,,r
gins in the bull movement and who dia not tot.
losses the first break are now being ,oLo1 =.
replenish their margins
SHOWS REPORT OF FARM RESERVES
Shows report Is follows: Wheat 1-S nAo o,o
bushels, against 12S.coOoO bushels last wear corr
1071Noooo bushels against s72c0OO0O bushels. oats
S71.eoOo0 bushels, against S53 OOoo0 bushels . GOV
ernment showing OF wheat under IS0OOoOO0 bushels
and corn about loooOoo.ocO bushels Is predicted
ANNUAL MEETING.-The annual stockbo,,-.
meeting of Green Bay & Western will he boI, =
March g. Books closed February "a and ,,1,I =
open on March 3. The annual meeting OF The ST.,
holders OF the United Railways Companv or ..
Louis was held yesterday. Books closed or Far
ruary "A and Will reopen to-day
SMALL CHANGE FOR TRADE-Tbu a.
Tor small change continues heavy. In the las,
week the Treasury sent to interior no,rts sei 20,
spending week or last year. and AS In sub