New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-01-19
,,, STREET AND EXCHANGES.

~ 7rp ADING-Foreign houses bought
foKSIo- =, stock In the local market In Lon
ssf So bonds were strong. but the copper
% f"''.s' r-esk. The Bank of England made no
f'ss a. ats discount rates ana mere was 10
ssngs ~ ,arVe in money rates at the various
rgortaht 80 except that the Bank of Germany
trsgn e@p..e .o from 6 to per cent. The Bank OF
siacso ''e .,0oa large amount of money in the
srsisnd gaiheU
stss -. ,,o,,.os
..7xET GossIP.-Although the Boston houses l,a
Nam. a little Amalgamated Copper they
q hrs' 80 IN the second hour and bought back
lsrnea ST. 20 the stock they sold on Wednesday
eooo "eo ,, ,o,.ered their shorts between III ana
Th9 - q Gates & Co. were responsible lof
y C"eI live blying in Missouri Pacific. some
u r. .-,sers thought they were merely eAecu,ins
& ne -, che Gould brokers' but the marked
rass 3, earnings has undoubtedly lhlu-
tnT10' recent buying. Three months ago thei0
ga s.,-,v good prospect Of cut In the pc.
SIS l4.as -ate Canadian Pacific was helped
81. strength OF the stock In LONDON Mo0i
the -. an active bull following in It, ana
shes -, and his friends still hullish on
ie5elsO" .octs generally. It is understood that
0snaoiH.i a+. some stop loss orders ana that
q ~ "a +a sone further substantial bear cover
aa ~ Union Pacific was fairly strong
y .hs-s was evidently some reahzins An -.
p'-o 81, IN this stock was somewhat oVeIsiiao
u -. che interest in Analganated copper as
Vffa :, n.tsr was the whole market until the
~ -s- s-,ert of the dividend few minutes pe
Ern'-. lose Colorado Fuel and Iron shoWeo
~ -. Weakness in the last hour, the impress
aA0 .hs+ tho quick rise in the stock OF the
500 - n-Aceding had pretty well dlscouhteu 'i4e
w ,t,ss If the issues, in view OF the ceftaIity
t-s,r bv certain Of the buyers VINO pI eiei Gu
80 rro7ts in the stock rather than uust 10 4's
- - ,be near future. Atlantic Coast Line mas
- shouing some strength. but there i Soou
p'1 Co. saving that It is not based upon any
:, Increasing the Louisville DIVIDEND. Ihele
.. mich minority stock Of the latter specuia-
" "a ~ s,,t the control. There is some rea-
h'e .tnl,ine that the offer TO convert Tennessee
~ - Iror preferred into common IS not Hkelg
". with general acceptance. II is even salo
y. .hor, "a per cent of the preferred STOCK out
,,s,ne wifi not be converted
-,-r-rl EXCHANGE ANNUAL ELECTION
va. - election OF officers Of the New-Hork
- exchange was held yesterday. and the Ioi-
-. rev1lsr ticket was elected: President feIcS
= gr.usvan: vice-president. Henry Hentz' treas
=. James H Kirby; members Of the BOARD OF
-, ITO serve for two years. James H Tay-
- irwin H. Peck. Frank Norton. Richard Sutro'
T.rl. seligsberg and william J. Dykes
ranks HEAVY GAIN FROM THE SUB
-pr.sTrRy Since last Friday the local banks
-. raized on their operations with the SUB
--..snrv rnore than 100000 in cash. In the same
-. fbs- have received large amounts Of money
arset from the interior.
Money FROM SAN FRANCISCO.-The local
s7b-Treasury paid 10 the banks yesterday $4,000
= geographic order against the deposit Of new
,os at the San Francisco Mint
COPPER PRICES LoWER-CoPper prices de-
5Hned 4 cent yesterday for all trades quotations
rfs now lS TO 1Sh cents for lake and electrolytio
sd IS TO 1S14 cents for castings.
WV STOCK EXCHANGE MEMBER-Floyd c.
yoble has been elected member Of the New-York
st5ck Exchange. Il IS said that Mr.. Noble paid
ne0 for his seat This IS 300 less than the rec
- rrice Of So5a0 for Stock Exchange seat