New-York tribune., 1906-12-23

stringency here or that Ii1uidation must stn con.
tlnue seems inevitable We. however. believe tLss
the anticipated payments Of dividends and corrose
by our railroad corporations together with The -
ststance that the Secretary OF the Treasury Is ks
t. render, will relieve the strain until the A-sr -
the year, and IL looks as n the present C'6r~r.~ =
would pass the elastic currency bflf now
stderation. and. il so, IL would solve the roTs.
problem and at the same time furnish our barEs
with ample funds to repay all the loans and ds1 ss
made by the government through me -sss, .. TSO $40
paTtment II our view is correct We may certainly
factory interest rates will prevail
PIG IRON CERTIFICATES iron certfacats,
at the New York Produce Exchange were dun and
a shade easier at so bid for cash and Decenbe-
regular, and at 50 50qS24 30 for January Februar,
and March new standard foundry
RAILROAD GROSS EARNINCS-Ths +o.sr
gross earnings OF thirtyseven roads for the second
week OF December aggregated S9TA.G73 as com.
pared with S9.127,166 IN the corresponding period
year ago. an increase OF SSl3907. or s72 per cent
For the month Of October the total gross earnings
OF 119 roads was $19s 9.229. compared with S7a6
267 IN the same month OF 1906 an increase OF
1887. 962, or 1077 per cent For the month OF No
vember the total gross earnings Of sixty-nne roads
amounted 70 $s711S.750. against S3.&0OS4 IN No.
venber a year ago. an increase OF S.SS9sSS or 4S
per cent.
DIVIDENDS DECIARED-Ths National Bank
OF Cuba has declared the regular sem-annuaI dv-
dend Of per cent payable January 2. The Au-
gUsta & Savannah Railroad has declared the semi
annual dividend OF 2ls per cent. payable January
The National Carbon Company has declared the
regular quarterly dividend OF I per cent on ths
common stock. payable January 1. The Long Isl
and Loan and Trust Company has declared a quar-
terly dividend OF per cent. payable January
This is an increase Of One-half Of per cent over
the last preceding payment. The metropolitan
Surety Company has declared the regular quarterly
dividend Of per cent. payable January 2 Ths
United Gas and Electric Company OF New Jersey
has declared the regular seTni-annual dividend Os
2h per cent the preferred stock and the regular
seui-annual dividend OF per cent on the common
ANACONDAS MEETING-The directors Of ths
Anaconda Copper Company Will meet tomorrow
TO take action on the dividend Wall Street be-
neves that the rate viii be raised from 81 %
share to 81 6zls share. which would make the rata
for the year 25 per cent
COPPER MARKET CONDITTONS.-The copper
market shows additional strength Bids for lake
copper as high as q cents have been made and
turned down. the latter action being necessary be-
cause Of the fact that producers have not q pound
Of the metal for the deliveries required. There Is
an active local and foreign demand
MOVEMENT OF COTTON-"The Financial
Chronicle reports the total receipts or cotton tor
the week ended December 2 at 3542O5 bales. against
4Os. .9s4 bales IN the preceding week. making the
total receipts since September I. 1895 5SEs bales
against 4S3SZO bales for the same period Of 800
showing an increase since September L 100. Of
621. .SS7 bales.
BANK CLEARINGS-The total bank elssrinss
OF the United states for the week ehded Dscs1lOo+
% zone day estirnateD were S.sS4 SS417A against
8. 3.46O1S7. $50 IN the preceding week and S4nsZsS
the corresponding week last year.
ANIAIGANIATED COPPER'S EARNINGS-Tas
net earnings OF the AnalgaInated Copper Company
for the fiscal year ending April 90 WILL ts Is esrf
mated run in excess OF SSO0OO0
ALABAMA CONSOLIDATED COALs-Ths Ala
bama Consolidated Coal and Iron Company. which
IS controlled by the International Power Company
reports earnings for November Of SL655
NATIONAL SURETY COMPANY DIVIDEND
A quarterly dividend OF per cent was dselalei
yesterday by the National Surety Company pay
able on January 2 to stockholders OF record Do
car0be-