New-York tribune., 1906-06-28
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses bought
10000 shares in the local market In London the
general market was firm Russian news was con-
stdered better a reflection Of which was presented
in the more cheerful sentiment on the Paris
Bourse Financial difficulties in the Kahr market
have been settled The foreign discount market
was moderately easy.
ONTARIO & WESTERN DIVIDEND IN
CREASED.-The directors OF the New York On
tario & Western Railway have declared dividend
of per cent. This is an increase over the div1-
dend declared last June Of y OF per cent Ina
dividend Just declared on the stock Is the third
TO be received by that security The first dv1dehc
Of per cent was paid in January. fse " was
declared for the purpose Of dissolVfns the Voths
trust which had managed the road FOR humoeF
Of wears The second dividend was IA per cenA
and was paid in July. 1895 OF the earnings lor
the wear ended June so. 1905. The present one ths
third is paid out OF the earnings for the year
ended June 50 1866 and is declared as yearly diVf
dend. just was the case with the one precec-ns ~
NEW YORK STATE BANKERS CONVEN-
TION-David H Pierson. cashier OF the banA Ol
the Manhattan Company and CHAIRMAN 0t -
committee OF aransemants OF the New YORK Sta'e
Bankers convention 70 be held az the Hotel Cnam-
plain Bluff Point. Lake Chanplain. on July anu
6. announces the following programmes 4le 80
vention will be called TO order THURSDAY nofI|9 -
July 5, at 10 O'Clock. when President A4ireu =.
Curtis will deliver the annual address. AO 'h.
session also Frank A TaHderlip. vice-presiden' o.
the National City Bank will deliver an aoalesS ~
the subject Of Currency" AT the mornlhs 80
sion of July speeches will be delivered OS - -.
j. Wade, president of the Mercanthe 1'uS1 - -
pany of ST Louis. and Robert B Arnnstrons pr.
dent OF the Casualty Company or AHlefi0A -
former Assistant Secretary Of the Treasury
AMAIGAMATED COPPER.-The statement naa'
by E Thayer. assistant to H H. Rogers Pr,
dent OF the Amalgamated Copper Company ~, -
Gates that the company Is now making no secre' =
the Importance OF its recent discoveries % -
veins The statement shows conclusiveiy eha' -
Amalgamated's position has been strens'A@A,- ~,
physically. as we'll as financially. over tle %
year or two. Seven years ago the Anacohu1 SVs
per Company produced nearly ES'""" po@i-1'
copper, compared with S.Ot0e" pouHuS - -,
year ended December 81 last. AS fesul' " Z.
development work going on. and the new st'iAeS'
would not be surprising If Anaconda, IN ene GU
rent year, would not fall far short o. e44al'ls -
its record output OF lSoS. Last year the earhNisS
the Amalgamated share were ~ % Inc -
pany Is paying at the rate OF - 49, ~
which in itself shows its improved positoh s"'e,
the FIRST of the year. The increased 1acih'ie'
the Anaconda have resulted In a wide redee'i0N >
cost of operations For example. the cost M ~
OF treated in 1928 50 Is. as compared W. .
81 % IN the year 1905 Earnings were only S@aoi~
in lSs. due to the low price that preValieo ~
copper
DIVIDENDS DECLARED-The Manufactures
Light and Heat Company has declared its reglia'
quarterly dividend of Ia per cent PAYABLE on -
20 The trustees OF the American savings o~
have declared dividend the rate OF Sls per zen
year. PAYABLE on July 10 on all deposits froSn . y
S.1'o which shall have been made from W
six months prior TO June 30 The trustees y -
Harlem Savings Bank have declared seshi-'N -" -.
dividend at the rate of 81. per cent u scar p'S ID
sS tsr 10 sn. on s snrsa ens 'asrSG aS on
So The trustees OF thA,pollar savings Bank ha''
declared dividend the rate OF Sss per eeA' :