New-York tribune., 1906-11-03

1000 shares in the local market selling 5000
shares on balance. In London consols were stead.
while a further advance recorded in Russian
bonds Money in strong demand The i'm
provement the Paris Bourse particularly in
Russian issues exerted q favorable effect on sent-
ment
GOVERNMENT AND GOLD IMPORTS Tho
monthly circular of the National City Bank says
in part:
We would undoubtedly have imported cousidera-
neneed S Zee by aGoq @ m but Ts f & deyse y1 W4Ge
and again with sLch exec dingy good effect this
we would otherwise have done Critics of thai
policy nave been pret,! generally silenced by the
which. finding It's original sources Of supply appro-
praded by rns COUNT was at las las t9tce 10 th
per cent When, in view Of the concern felt abroad
taton of gold imports, the feeling of relief in the
fGre:en money centres was unmist takable During
this fall movement there was brought In a total OF
s47 500 600 OF gold Of which all bqt $550oG9 was
49,. The he imports of the National City Bank we're
So ,0oo COZ In connection with the English com
don without due consideration to the situation
sd IT Is q aP4g fall by the
National CitT Bank. Hi,00Goo came from London
ard a5.oo1Co' from other points; largely from re;
Yokohama. The full measure of relief which the
ket this fall Inclusive of gold imports, totals
S40 100000
ICE SECURITIES ON PER CENT BASIS
The American Ice SecurltleS company mas declared
and initial quarterly dividend of 14 per cent placing
the stock on a per cent basis Funds for the pay
ment of this dividend derived from the dividends
on the preferred stock of the American Ice Com
pany substantially all of which Is owned by the
American Securities Conn any, IT having been
exchanged for stock in the latter company under
the reorganization PLAN which became effective IN
1905. The American Ice Company it will be recalled.
last week declared back dividends its preferred
stock the of per cent aggregating S1S42-
GO, ic Ela RI fhe
curities Company on December 10 The dividend de
clared yesterday is payable on January /
PIG IRON CERTIFICATES.-Pig iron certificates
at the New York Produce Exchange opened a
shade lower for regular, and standard foundry was
steady Prices for regular opened as follows Cash,
November and December. SIS 80 bid Prices Tor
new standard foundry started as follows: January,
S22 50d$23 30: February and March, S23 asked. On
the second call there sales of 100 tons of jan
uery standard foundry contract at S22 60, and
100 tons at 2 90 Final prices for regular were the
same as the morning quotations. New standard
foundry ended as follows: January and February,
s22 506s22 70; March, 800 S0Qs22 30.
GRAIN EXPORTS FOR THE wEEK.-"Brad-
streets" reports tho exports of grain for the week
with comparisons, figures in bushels. as follows;
Wheat -four included, 4,49297i, against 5,1Ss ST last
week 62s3 in this week last year, 14222 In 1904
and 6672 1901: for the fiscal year TO date, e.
6s6 69 compared with S3255S27 in 1905, 2393416S in
1904 and lO7 s92 s6 In 1901; 1SoO22 against l.,
495 III last week, 1,009310 in this week year ago
and $40 s27 1904: for fiscal to date. e5s.
contrasted with 7S in 1895 and 1064l.s36 in
1904
| READING AND LEHIGH VALLEY DIvI-
DENDS-A Philadelphia dispatch says that 1t can
be stated on the highest authority that the next
dividends Reading and Lehigh Valley will be
at increased rates. There is some uncertainty
about the amount which Reading will pay but the
per The Reading S rate, IL is reported, Will
be either or per cent
MOVEMENT OF MONEY.-The reported move
ments Of currency this week indicate loss in cash
held bv the banks OF S6.S77.S'0 caused by heavy
shipments to the interior and by the return OF
United States deposits. The banks received from
the interior s42TO.500 and sent TO the interior ST.,
ss2 800. Receipts of gold were S,lS2SO. The
banks paid TO the Sub-Treasury out OF imported
gold Sc 354 600 In repayment of United States de-
posits The loss on Sub-Treasury operations proper
was Sc OS3.So0
BANKNOTE CIRCULATION. - The monthly
banknote circulation statement of the Controller
of the Currency shows that the close OF business
on October 81 the total circulation of national bank
notes was S5S317l SS5 increase compared with
October 81 1906 Of SIS s763 736. and increase for
the month Of s9 92S 800. Circulation based United
States bonds amounted s596 ,169; circulation
secured by lawful money, ss 23S.Sl6
NEW COTTON EXCHANGE MEMBERS.-The
following have been elected to membership in the
New York Cotton Exchange Charles w. Miller;
Charles Sayles Walter L. Kefrer. of Singletary.
Logan Kieffer. OF San Antonio Tex. and Charles
w. Shepard, of Shepard Newton. Of New Or
leans.
RUMORS OF MELONS The sudden strength
Of Northern Pacific and Great Northern revived
rurnors Of approaching melon cutting" in both
stocks. It reported that the Northern Pacific
stockholders would receive a stock dividend Of 30
per cent and the right subscribe 70 % per cent
In stock par.
PARIS REFUSES FINANCE BILLS?-A cable
dispatch says that 1t is reported in financial quar-
in Paris that the Bank of France Is consider
ing refusal, for the present, least 10 discount
American finance bills.
GOVERNMENT PURCHASES OF SILVER
The Treasury purchased yesterday 10000 ounces
Of silver, at 71.& cents an ounce at Denver