New-York tribune., 1906-11-27
WALL STREET AND EXCHANGES.

tORElCIN IRADE-FOrelgu houses dealt IN up
ward of thirty thousand shares IN the local market
mostly sales. In London the general market was
steady and dull. Money not plentiful. a heavy
call for Canadian Pacific shares and the fortnighty
settlement requirements restricting supplies and
keeping rates firm. In Paris French were
lower; also Russian bonds. Paris exchange
London declined.
GREAT NORTHERN AND CANADIAN PA
CIFIC.-The Great Northern ore trust certificates
declined to so yesterday, drop OF IL points. as
compared with the price at which they were first
brought out Conservative observers believe that
these certificates valued entirely too high at
the start, and they would not be surprised TO see
them sell much lower. Comparison is now being
made in many quarters between Great Northern
and Canadian Pacific, mostly IN favor OF the lat
ter Canadian Pacific owns. II Is asserted, more
land than the Great Northern. II has more
land in general than the Great Northern. its earn
ngs increasing at more rapid ratio and it's
future is just promising. If not so. than
that of Great Northern.
DECEMBER DISBURSEMENTS is estimated
that the interest and dividend disbursements pay
able in December will amount 10 upward OF 500.
000O0o The Standard Oil Company will dsburse
So. 5000 in dividends In December. the larSest
amount of any corporation American Tobacco
will disburse S4O2i245 and United States Steel
81 43 Atchison will disburse 50 49, the largest
amount for any railroad. Consolidated Gas, of New
York will dsburse the largest amount OF any pub
lie service corporaton-SS0O 600 The Red Metal Min
ing Company's disbursement will s.. eSS.-
SS2, the record for mining corporations The Penn
sy ylvania Railroad will be called upon TO pay a
larger amount of interest during the month than
any other corporation. Its interest payments VIII
amount TO S2O4624O. The Pennsylvania Company
will pay out for interest $1.19S127.
STATEN ISLAND STEEL CONIPANY.-The
Staten Island Steel Company, which has been ex-
perimertng for several weeks yesterday began
the manufacture of blooms billets and slabs for
commercial purposes. In other words TIE company
tfa fT1i-j jr,fS 7ad
II is expected that the company will begin the
manufacture Of finished material on January l.
1907. For a mill the machinery is running
smoothly
UNION PACIFGCS REPORT-The Union Pa
ciac report which will he published tomorrow
will show II is understood bout "A per cent earned
the stock. Earnings will he for the wear ended
June 50, and, of course. will show the COM
Vguys additional income now being received from
the dividends on is holdings of Southern Pacific
stock.
Federal. MINING AND SMELLING EXTRA
pFNIDEND.-Duectors of thu Federal Mining and
Smelling COMPANY have declared the regular divi-
dend of ia per cent on the preferred stock They
also have declared the regular dividend OF IL per
cent the common and an extra dividend ~ e.
per cent on the common. The dividends are nav
able December 15
IRON AbNANCES-The Bar Iron Association at
recent meeting advanced the minimum price OF
bars from 81 20 TO 81 50 hundred pounds This Is
the hrst official advance in iron bar prces IN about
year While the official price is now 81 80 a
nuhdred pounds. premiums of from S TO 81 n ton
are "eihs obtained The Nut and Bolt Association
mas advanced nuts s. and bolts ) per cent
PIG IRON CERTIFICATES iron ca-tfs
Gates at the New York Produce Exchange were
S'eaay and practically unchanged There were no
s''es. Prices for regular follow: Cash November
'''" Decehloer S9 bid Quotations for new stand
ard foundry follow: January s2I 50QS23: February
S2l 30 lid. March. 500 asked
CANADIAN PAClFIC.-Certihcates OF suhscrip-
uon fourth instament 80 per cent? paid, for Cana
dian Pacific Railway Company ordinary capi-
tal stock have been admitted 20 quotation in the
uhisted department OF the Stock Exchange. and
the call" third instalment 6O per cent? paid has
been discontinued
ADVANCE IN COPPES.-Lake copper advanced
&c N the asking price AZ 2,i, to eAsc; eectroIytic
and casting advanced lc in TIE bid and nc in the
asking at a&c 10 22c
MONEY FOR CANADA.-rhers was sent YEA