New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-03-04
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses war. -.
active factors IN the local market thu sal.. 49,
purchases about balancing In London the rDayE.,
as rule. was frrner. including Improvement. /,
consols and the Kaffir stocks. Money was In uos
crate demand. but there was no material cs.r,,
in discount rates. either in London or Paris.
EXCHANGE MARKET CONDITTONs-c sc,r
macher & Co say:
Demand sterling during the week d.cl,r.S 49,,
4s64O 10 4S51O. and we are asked by many il ia
decline means gold imports. AT this writing Il 4
factors which enter into the situation and TsI,
dqrn tnS market at any time One Of them IS hs
the rate for money on call. which. after advaacr.
TO q per cent earlier in the week remains a5o1
stauonary at per cent This is not an exception.
ally high rate. and. unless there should be an al
vance, exchange will be hardly Influenced fr-rSs
Dy our money conditions. II is very interesting .
note that the government statistics continue a
snow a liberal increase Of exports over importa z
that large credit balance is being accumuia,ed y
the Snlted states abroad and that sooner or late
the balance VIII be settled for IN gold coin.
AMERICAN PIG IRON STORAGE WARRANT
COMPANY.-In February the amount Of pig In,
received at the Storage Warrant Company amount,
ed TO 1900 tons. There were on hand January a.
44.70O tons. which makes total OF At 500 tons u
storage to the end Of February. IN January thss
were 1900 tons delivered which leaves total q
hand on February % OF 81. 800 tons
COAL AND IRON NATIONAL BANK-The col
and Iron National Bank has been designated ~
the Superintendent OF Banks as a reserve assni
for state banks. Stockholders OF the Coal and Iru
National Bank Will meet on AprtI 10 vote
proposition to increase the capital stock BY GO,
coo. making the total capital stock $4,000. Ira
new stock with the exception OF 10 per cent VII
be offered to shareholders at 90 a share IN DO
portion to their holdings. Fractional shares. %
gether with the 10 per cent waived 70 be deposited
with the executive committee, are to be sold iul
the best interests OF the association, at not lss
than so share
COPPER PRICES.-Interests Identified with he
Amalgamated Copper Company are confident ta
the tendency Of copper prices Will be upward Il
some time 10 come. Ore Of the largest CONSUMES
in the country, who has remained out OF the mar
ket, believing he could secure supplies at love
level, has been advised by person IN close tcaa
with Amalgamated TO cover. which he has dora
This buying has been responsible to a large exisl
for the recent upward movement in the price ~
the metal
THE COTTON MOVEIENT.-According TO IN
Financial Chronicle" the total receipts OF coIr'
for the week ended March p 1896 were IS halls
compared with 1905 bales, 1925 bales and Ils
bales the preceding weeks respectively The tOlA
receipts since September : are 62SS2S hasa
against ToiSS6s for the same period last year
decrease of SIS. 723 bales.
OF the United States for the week ended Mar'
We're S,S3.53015S. against 81 S5O6s5 7S6 in the Pr
ceding week and s. 1886 SSO5Ss for week ending Mar
4, last year.
UNITED STATES RCBBER.-Cnited Sa'a
Rubber stock is being bought by brokers suppS-
TO represent interests identified with the comp2-
II Is said that the Investment OF funds reesf~
oy the recent issue OF 100000 first preferred "
net the United States Rubber Company over
100000 year
DIVIDEND UNCHANGED.-The regular q
Terry dividend Of Is per cent OF the Gugsena'-
exploration Company is payable on April 2
APPLICATION TO LLST.-Bufralo s Susqasi'S
ma Railroad Company has made application %
NeW-4ork Stock Exchange 70 list an acdiu~
S'OVVoO or preferred stock. -
PIG IRON CERTIFICATES Regular pig }
certiieates at the New-York Produce ExeaA@
We're dull but prices We're a shade higher. FV@
airy grade was lower. with sales OF 100 tons
March at Sl6 10 and 100 tons of May at SIC So ~
ing quotations for regular follow; Cash. 50 =
March. April May and June SI6 to SIG 50, -
prices Tor foundry follow: Cash. S6m to
March, SIG TO SIG so; April Es Is asked; May
10 SID -