New-York tribune., 1906-04-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses sold 1000
shares in the local market, mostly United States
Steel common. In London consols were unchanged
and the foreign bond market was without feature
Copper stocks, a rule, were lower. Money was
in better demand. and it was thought that rates
would be sitter over the fortnightly settlement
which begins tomorrow.
HEAVY TRANSFERS OF MONEY TO THE
WEST.-The local Sub-Treasury transferred to San
Francisco s.. 100000 while on direct shipments by
banks It estimated that g 10000 additional
sent The Sub-Treasury also transferred 500 O0o
Chicago and 100000 70 New Orleans. while a
ditional engagement of s5O00o was made for Denver
account.
Russian loan an amount equivalent to $40 100000
will be ready for issuance to-day. In London there
will be public issue of f12O00ep0 by Barring
Brothers & Co. Limited. The issue price will be
50 The bonds bear interest at per cent, ire
deemable for ten years and after ten years may be
taken up by drawings calculated to redeem the en-
tire loan by 1855. although the government reserves
the privilege of increasing the drawings The
bonds are to be issued in denominations Of f19 us
fS9 SIS and t19S les Further particulars may be OBJ
tained at the office of Barring & Co. this city
Low RECORDS FOR THE YEAR.-The level
reached in the stock market yesterday is lower on
average than that of last week. after the earth
quake. Union Pacific sold at 14924. compared with
the low price of 15O9s made Thursday. Anal
gamated fell to 1G7s, within Is of the low. Steel
AIS, against 412 Reading. 1221a; the low on Thurs
day was 1251s Southern Pacific. S4l4 against s.
Anaconda. 261 against 267. Brooklyn S014 compared
with SO on Thursday. St Paul. 16e14. new low for
the year Central. 1884,. also new low. Missouri
Pacific 9212. a new low for the year
NEW SAFE DEPOSIT CONPANY-The Night
and Day Safe Deposit Company of the Borough
of Manhattan has been authorized by the State
Banking Department to begin business It is cap
italized ct 100000 The directors are Oakleigh
Thorne. Oliver H. P. Belmont. Charles T Barney,
James w. Ellsworth. Thomas B. Clarke. John c.
Iomlinson, jr., j. Borden Hartman. William H
Chesebrough, Carlton b Bruce, Frederick 3 Reign
of Hoboken. y. ].
STEEL PLATE-The Eastern mills report good
demand for steel plate. with all departments in
operation The demand for small sized plates is ex-
cepttonally good. Manufacturers have reafirrned
prices. and do not look for any change speak
OF IN quotations this wear. All the Western plate
mills are running full
SUGAR PRICES.-Athough the Federal Sugar
Refining Company has reduced prices for grams
lated sugar points to 40 less / per cent cash
prompt shipment, other refiners are still quoting
the old net basis of / 30. Raws are dull, nominal
and lower to sell. with cents considered the best
basis obtainahle for nearby lots
CONSOLIDATED GAS DIRECTORS MAY
MEET ON THURSDAY.-A broker active in the
stock of the Consolidated Gas Company saws that
he understands tho directors will meet on Thurs
DAY TO act on the dividend for the current Quarter
Inc general information the Stock Exchange is
thSt the amount 10 be declared will be I per cent
quarters
BIG LOAN ARRANGED BY STOCK Ex
CHANGE HOUSE.-It is currently reported that
STOCK Exchange house heavily interested on
the long side of the market arranged a nine
months loan al the close of last week of 100000