The Washington times., 1906-10-10
FINANCIAL GOSSIP

The Amalgamated Copper Company
has sold its possible production four
months ahead. Other companies are
sold from three TO hve months ahead
At the annual meeting Of the Wabash
stockholders and debenture bondholders,
j. j. SlOcum, brother of Mrs. Russell
Sage, was elected director TO succeed
Mr.. Sage.
Directors OF the Chicago Board Of
Trade have arranged TO buy and cancel
a dozen or more memberships. A seat
sold last week for $3.50 net 10 the
buyer.
Coin Harvey" well known in the
MeKlnley-B Bryan campaign, is the
vice president of a new bank In Mem
phis known as the Bank OF Monte
$4,000.
The Commercial National Bank of
Chicago has abandoned the plan of a
100000 new stock issue, because the
Stockholders would not waive rights 10
in.
Preparations are 10 be made at once
For the coinage of 2.500O0O Mexican half
s77.-- -ti-I a.. AF.3-g..r-- r-l,,--,.,, -
has arranged with the United States 10
have put out within the next siS
months.
The directors of the Chesapeake and
Ohio were not called TO meet yesterday.
IT is expected that they VIII meet be-
fore the annual meeting OF stockhOld-
eTs, WhiCR takes place IN Richmond,
October .. but there is a belief in some
quarters that dividend action may be
deferred until after the annual meet
ing.
The annual report of the Greene Con-
solidated Copper Company VIII De ls-
sued today, and is expected 10 show m
creased earnings. Despite the troubles
at Cauanea In the summer, the COM
pauy increased its output The report
trouble nterEered with the company
business
The total or gold engagements. to date
since Sept. 10 is 81. 4o6,oo0 OF which 81
100000 was reported yesterday. 40 L p 10
he close of business yesterday $&.iuAt"o
gold had been received from Europe,
leaving $l6,a9,O00 yet to come
The general run Of commission house
literature is. mildly, bullish, the only
thing needed. it Us tonteuded, being an
Increase in outside following. This
has been the plaint of brokers Tor
weeks Most OF the commission firms
take a decidedly more optimistic out
look.
Statistics or commercial failures dur
uE September and the third quarter Of
1905. as reported 10 r. q. Dun & Co.
show that the total liabilities Of all
commercial failures in September were
much smaller than in any preceding
month of THIS year, and are also less
than i'm the same month of any recent
preceding year
Reports from Cuba of a reliable char
aC-er are to the effect that compare
lively no damage was done 70 the grow
ing crops or 10 the buildings on the
plantations of the island during the re-
cent trouble.
From this it. would appear that the
American Sugar Refining Company.
which owns extensive sugar plantations
and numerous mills in Cuba. has not
suffered TO any appreciable extent
through the uprising
Richard J. Burton, acting secretary to
Thomas ". Lawson, announced last
evening" that the American Smelling
Trinity Deal was closed late yesterday
afternoon at directors meeting of the
Trinity Company. held In Mr.. LaWsOn'S
5ffice ln YOuugsf Hotel Mr. Lawson
viii later announce 10 the stockholders
what the deal means. and viii send TO
hem copies OF the final contracts they
were executed
Pacific Railroad Company stockholders
The retiring. directors were reelected
among whom were added to the board
sometime ago by the directors them
selves To take the place of j. H. Schin.
Otto Ham. and Thomas II. EcSert, who
resigned.