New-York tribune., 1906-12-19

the regular quarterly dividend OF per cent Ia
Chicago. Rock Island & Pacific Railway corrGy
has declared a quarterly dividend OF per ce.
payable January 2 The Trust Company
America has declared It's regular quarterly ah.
aend of per cent and an extra dividend ot.x
cent payable on December e.
INCREASED BANK DTvIDENDS-rns 1xnk
OF New York has declared a dividend Of psr
which makes its rate "A per year. Instead Of
u per cent The Irving National has declared
senni-annual dividend OF per cent and an ezns
dividend OF per cent. payable January Ia
Trust Company or America has declared psr
cent and Will pay an extra dividend OF . per cent
The German Savings Bank will allow per esn. o.
deposits OF the last six months, against y
per cent formerly. The Washington Savings Bs,f
has raised its interest rate 10 per cent The Ger
man Exchange Bank has increased its seni-snnra!
rate TO per cent.
TIME MONEY HIGHER.-Leading money orcs
ers say that no bank money Is available and nx
the principal supplies from interior banks and
trust companies. The time money market . A.
most entirely nominal but the quotations Tor some
periods the highest yet recorded this year and
for two years. For sixty days. Ss 20 peg sn'
bid and 10 10 per cent asked: ninety days. pr
cent bid. Si2 per cent asked: four months. pS
cent bid 7s per cent asked; FOR FIVE and sir uaouf0
a nominal rate or Ga per cent is quoted. ana t's'
quotation Of per cent for thirteen months -
heretofore. in every case time loans are so0's''
OF special negotiation.
STRUCTURAL, sTEEIA-A representative os .
large steel company says that the raIns o.
the demand for structural steel Is due larse0
the high rates that have prevailed for money =.
the increase IN the cost OF building MATERIAL We
the structural mills have sufficient business ON ~
books to keep them IN operation many nlo'-@ :.
come, the demand IS not near as brisk rs Z "N, .
tnis time last year. Contractors have t0lA-
difficult 20 secure money at reasonable raves -
this has caused them 70 delay speclncasoSs =
orders until the money situation clears.
NEW STRIKE REPORTED IN PoRrrAsy
COPPER-T. c. DeIany. secretary OF the ~. -.
Copper Mining Company. reports another Dig ~" -
10 the property which. it IS believed, is rns -
lode. The new railroad TO the Portland ss0''-
pushing through 10 completion ana tns - uoO- -
orally in the district is on IN earnest "@s
high and men and accommodations SCARF" -
dition which exists in all popular mining
FOREIGN IRON LOwER-There was ueS -,
OF about 60 cents ton IN foreign iron yesls.
Local producers said that there was no s's - q,
in the drop so far Is foreshadowing the AN'-
the market is concerned. Large sales OK 80
being made in the domestic market az sun -.
and there IS no Indication OF a reduction %
in the near future.
COPPER PRICES HIGHER.-Copper pF'',,
vanCed lac for all grades. Metal ENcnaiis0 .rs
tlons are 2SI5c for lake. 2S1sc for eec'Foiy"' =
22Tsc for casting IN copper trade Circles crO.n.sn
said. however. that there IS little copper
under 24c.
PIG IRON CERTIFICATES--Plg iF0n - - -
az the New York Produce Exchange wsr0 =.
and unchanged. There were no sales o.,os.
regular follow: Cash and December. ~ -us.J
tons for new standard foundry i0i'0"'
February and March. So 5o9SS.
BALTIMORE & OHIO.-It IS repof'e 80, .,s
Ualon Pacific interests in Baltimore s. os" .,m
favor of increasing the dividend IN n -, tas
s 20 per cent annual basis. II IS aSse1 hyta ~
there has been good buying or ths c'A
New York and foreign account ..sms
I.EHIGd VALL.EY.-The directors U .s-s.y Sr
Valley Railroad Company will meet .ssa wsa
dividend PURPOSES. In some OF the oesl vsa >
Street quarters il is said that u''
placed per cent BASIS -. .cSos
READING. Speculation on the pf's~ ~. ssybass
OF the directors of the Reading on - a nss
provided n better bull argument thAa n,xtns u
capital issues II is worth notins thss S,ssspsb
the Reading shares has been aeeVo N.. I tns rasN
account. and from philadelphia Sor-' =. ,,rservar~
that the dividend win be Increased - L., ,ns Rssr
circles however IL is not adnittea -, the ssfA
ing directors would be justified In rA''A' .,ufns
CANADIAN PACIFIC.-Jefrerson ~ ~ ascfss
iO0o shares OF Canadian Pacinc on - ,sgA
1e21z and lust before the close S''N