New-York tribune., 1906-08-15
2.aOOl Total sales
WALL STREET AND EXCHANGES.

FOREIGN TRADING-ForeIgn houses dealt in
10000 shares IN the local market evenly divided In
London consols were firm and the general market
was quiet Money was in fair demand. owing to
fortnightly settlement purposes. The American de-
raand for sold evidently dispOses Of any prospect
OF a lower Bank OF England discount rate this
week. The general speculation On the London
stock Exchange, while somewhat broader than re-
Gently reported. is confined in great part to the
Kaflr issues and English railways. the American
department not being active factor
WESTERN CAR FAO1TNE.-A dispatch from
Chicago saws that Western railroads are facing
the worst car shortage in their history. although
they never before in one year secured as much
new eoufpment Leaving out OF the calculation the
pending rush OF new grain there is in sight more
business than the railroads can properly handle
So urgent is the demand from manufacturers ana
merchants that much freight usually snlppeo Ia
box cars is sent fiat cars. Almost every hhe Oh
industry with the single exception of coal Is set
.is~ a new mace quite beyond the limits Of trans
portation capacity assuming that there is no sud
den relaxation. .
CANADIAN PACIFIC LAND sALES-In the
last fiscal year the Canadian Paciiic's land sales
amounted 20 eOS.ss1 acres. for which was recelTeu
% S72 800 In the preceding fiscal year the sales
amounted TO 59.757 acres. for which was received
5000 915 In July. 1906 the company disposed OF
more land than IN the fiscal year ended June 50.
1906 or the year ended June 80. 1901
MORE IRON AT sl5.-The Tennessee Coal &
won COMPANY has made additional sales OF iron
on n basis Of s15 a ton. Birmingham. The con-
tracts for iron row being made for delivery this
year are small due largely to the sold out condi-
tion Of the blast furnaces The sales made by Ten
nessee call for delivery in the last quarter OF ths
current year.
BUFFALO & sUsQUEHANNA DIVIDENDS
The directors of the Buffalo & Susquehanna have
declared a dividend Of per cent on the preferred
stock. payable September l. and dividend OF IL
per cent on the common. payable quarterly.
ALIIS- CHALMERS PROXIES.-PrOXies for the
annual meeting of the AIlis-Chalmers Company.
which viii be held September g. are being asked FOR
in the names of the 2. Fl. Gary and E. D. Adams.
PIG IRON CERTIFTCATES.-Pig iron certificates
at the New York Produce Exchange were dull and
unchanged. There were sales. Quotations for
regular follow: Cash, August and September ST %
bid; October. s17 159$17 80; November and Decem-
Der. S170$17.5O Quotations for standard were; Au-
gust SIS 10 bid; September. October and November.
S1SQ$1S 90: December. S17 75G$1S 25.
CHICAGO & NORTHWESTERN strength
in Chicago & Northwestern stock in the last two
days has been accompanied by reports that the
company soon Will issue additional amount OF
common stock. with valuable rights to present
holders.
MONEY FOR ST. LOUIs-The sub-Treasury
transferred yesterday for local banks S5OOO 70 ST.
Louis The transfer was for crop movement pur-
poses.
ONE PER CENT FOR CONSOLIDATED GAS
The directors OF the Consolidated Gas Company
have declared quarterly dividend OF per cent.
This Is the rate was paid in the preced-
ing quarter. which was a reduction Of per cent
from the quarter before
COTTON EXCHANGE HOLIDAY-The New
York Cotton Exchange has voted TO suspend bust
ness on Saturday. September l. preceding Labor
Day
MONEY FROM SAN FRANCIsCO-The Sub
Treasury paid to local banks yesterday S2EOOO on
telegraphic transfer from San Francisco.