New-York tribune., 1906-06-12
WALL STREET AND EXCHANGES.

FOREIGN TRADE.-Foreign houses dealt in
20.00 shares In the local market. buying
balance. In London the general market was heavy
and dull the transactions rule being confined
10 the evening Of contracts incident to the begin
ming of the fortnghtly settlement Money was
fairly easy and in good supply The markets on
the Continent without feature.
STRUCTURAL, STEEL-Buildngs under way or
projected IN this city at present will require In
the neighborhood OF 10000 tons OF steel The Penn
sylvania and Hudson terminals Manhattan Bridge,
City Investment Company Building new buildings
projected by the United States Realty Improve
ment. and the United States Express Company
Building will require about 10000 tons The con-
tract for United States Express Building called
for about 7.0o of steel. the BOreel and Trim
ity buildings which will be erected by the United
States Realty and Improvement Company, will re-
quire about 10000 tons. and the City Investment
Company's building about 1900 tons. Building per-
1nts IN this city so far this year in the matter Of
valuation far above the corresponding period
OF 1905.
IRON PRODUCTTON.-Rogers. Brown & Co. have
received the following from their Pittsburg office
There has been great improvement In market
conditions during the last few weeks Consumers
seem to have concluded that bottom prices have
been reached and are placing orders for their re-
quirements for the third and fourth quarters. At
the rate furnaces booking orders they will IN
q short time be pretty we'll sold up their pro-
duction. The shipments present orders are very
large. with small stocks of iron at the furnaces
Consumption is keeping up the pace set several
months ago. and feel that past records will be
broken. With prices firm and demand increasing
we look for very active market
NEW CURB STOCK.-The stock of the Pennsyl-
vania and Cananea Copper Company was dealt In
for first time the curb yesterday This COM
pany is capitalized at s75O00o divided into 10000
shares of the par value of $ each. The stock Is
full paid and worcestershire and issued in pay
nent for the properties OF the company. which
situated in the Republic of Mexico and mostly
copper producing. The mines of the company, two
of which are already shippers" Immediately ad-
Join those OF the Greene Consolidated Copper Com
pany.
MR.. sCHIFF BACK AT wORK-Jscob H.
Schif. who returned from Japan last Friday. re-
sumed active work In Wall Street yesterday. Asked
for his opinion upon the Pennsylvania Railroad in
vestgation and the Beef Trust report of President
Roosevelt Mr., Schif replied Il am now trying TO
get nv bearings TO what has happened IN my
absence I haven't anything TO say except what
said last week 10 Japan and Corea
DIVIDENDS DECTAARED-Drectors OF the
Electric Boat Company have declared the regular
quarterly dividend OF per cent on the preferred
stock payable July :. The directors OF the New
York New Haven & Hartford Railroad have de-
clared the regular quarterly dividend OF per cent
pavable June so to stockholders OF record June 15
The Standard Coupler Company has declared the
regular seIni-annuaI dividend of per cent on its
preferred stock and a dividend of per cent on its
common stock. payable June 80
SLOSS- SHEFFIELD STEEL AND lRON-The
quarterly report of the Sloss-Sheffied Steel and
Iron Company will be made public to-day. While
the showing will be good. II Is not expected 10
come up 10 the expectations of the management.
owing to unsatisfactory conditions of labor. The
company is now endeavoring remedy this de-
fciency The Sloss- Sheffield Steel and Iron Com
many continues to receive Sl4 ton for No .
foundry iron The plant has sold its capacity
pretty far ahead
MONEY FROM SAN FRANCISCO.-The Treas
he
cisco 10 New York 10 continue In the week. and
il is probable New York will receive 100000 or
more from that city. There was transferred yes
terday from Frisco 81 10000 to this city.