New-York tribune., 1906-07-20
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Forsgn houses dealt IN
10000 shares In the local market, mostly sales In
London cOnsOls were weak IN sympathy with Rus
sian bonds. the latter selling at low record.
The general market was dun and heavy. Tho
Bank OF England made no change in IT'S minimum
rate Of discount. while there was no change of I'm
portance In open market discounts In the various
European financial centres
DIVIDENDS DECLARED.-The directors of the
III. B. CIahln Company have declared the regular
quarterly dividend OF 1A per cent on the first pre-
ferred stock and IA per cent on the second pre-
ferred payable August ]. The directors OF the De-
troit Iron and Steel Company have declared dIgi-
dend Of per cent on the stock Of the company.
payable August I. The directors OF the General
Asphalt Company have declared the regular divi-
dend OF per cent the preferred stock. payable
September /. The directors Of the Boston s. Maine
have declared a regular quarterly dividend OF 1ss
per cent. The Boston & Montana Consolidated
Copper Company has declared the regular quarterly
dividend Of 81 share and an extra dividend OF So
NEW METAL EXCHANGE MEMBERSHIPS
following have been elected TO membership IN the
New York Metal Exchange: W. L. Rianhard. OF
the u T. Hungerford Brass and Copper Company;
George Mitchell. president OF the Mitchell Mining
Company: B. Elkan. OF the agency OF Beer. SOnd-
heimer & Co, Of Franlfurt-on-Nrain; Charles J.
Marsh. general manager OF the Standard Under
ground Gable Company. Of Pittsburg. and H H.
Hewitt, president Of the Magnus Metal Company.
PIG IRON CERTIFTCATES-Pis iron certiA-
Gates at the New York Produce Exchange were
drm, and about uncnaugeQ. Iuere were no S2AleS
Prices for regular follow: Cash and July. SIC 5cg
81; August. September, October and November.
sl6 509s6 75 Quotations for standard foundry fol-
low: July. 81 SO9s7 70; August. s7 4O9sl7 IS; Oc-
tober. $17 4OGst7 50; November 81 4eQS11 3d.
LEHIGH NEUTRALITY-SUSPICIOUS. the movement Of
Lehigh Valley in Philadelphia. it was reported
from that city that the railroad contemplated the
formation OF a company 70 which IL would turn
its coal lands and that the stock Of this coal
company would be distributed among holders OF
enabled to get rid OF it's coal lands In compliance
with the law. and yet retain control OF the prop
critics
ADVANCE IN IRON.-The Sloss-sheGield Iron
and Steel Company has advanced the price OF No.
2 foundry iron TO s14 a ton. It Is estimated that
since the recent cut in the price OF Southern
foundry iron from the nominal basis OF sl4 Gales
have aggregated more than 10000 tons
MONEY FROM SAN FRANCISCO.-The Sub
Treasury paid 20 local banks yesterday SsSooo on
telegraphic transfer from San Francisco.
GOLD IDGPORTS-GOldman. Sachs Co. have
obtained an additional amount OF $4,000 gold f0r
import from Australia. and the National City Bank
has obtained 100000 in London. The White Star
Line steamship Teutonic. which arrived from Llv-
erpOol yesterday, had one box Of gold consigned TO
Goldman. Sachs & Co.
NO CHANGE IN AMALGA9rATED DIVIDEND.
The directors Of the Amalgamated Copper Com
pany yesterday declared a quarterly dividend OF
IA per cent and an extra dividend OF q per cent,
as made for the preceding quarter It
had been rather expected that the rate would be
advanced to per cent, placing the stock on the
per cent basis OF its early days. and on the an
nouncement that no change had been made the
price declined from 9616 e47s. The stock subse-
quently recovered its loss however, and closed at
S63s, net gain Of g per cent.
The directors o. the Boston and Montana ConsOli-
dated Mining Company, OF the subsidiary con-
Germs Of the Amalgamated Copper Company. yes
terday declared a dividend OF 50 a share ana SO
extra, the same disbursement as was made three
months ago. AS the par value OF the stock IS SIS.
this dividend Is the rate Of 1872 per cent year.