New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-05-16
WALL STREET AND EXCHANGES

FOREIGN TRADINGs.-FOreigu houses were r-
important factors in the local market. buyins -.
10000 shares. mostly Union Pacific. In G0nsa .
general market was quiet. without much rss~-
Consols were easier and the copper shares dss-,i
a point more in the morning. though e-'s
frmer Money was easy and in light demand Y
Berlin discounts were slightly frmer-
AMAI.GAMATED COPPER.-A large Part q e.
recent buying Of Amalgamated Copper is attn
uted to interests who are familiar with the O1sF'
tons Of the company The stock IS now sens
about Il points above the low level reached On -
DAY the Garfield report was made public ne s.
tistical position Of Amalgamated as vel as "
metal is stronger than at any time since the i-
Of the year Foreign consumers have been eAls..
ing reaction in prices. but they have met W.
disappointment. They now find that consuIl -
has been heavier since the first Of the year .l-
production, and at present there are no ul---
tiOns Of a reaction Supplies in this country g
down 10 bedrock. and producers naturally are ~
able to supply the growing wants Of foreign So
sumers.
CHICAGO IGDENINITIES.- rule proEa
for the trading in indemnities favored " =
board Of directors Of the Chicago Board Of -.
and voted on yesterday was passed BY -
majority This method q trading is 70 be iieo..
rated in the rules of the Chicago Board OF u
and trading Will commence to-day. THIS Is ~
stood to he a new form Of puts and calls ap9'e
STANDARD OIL DIvIDEND-Direeto q 4
Standard oil Company have declared a aaal'~
dividend of 50. This compares with SO To-
preceding quarter and 50 for the eoTresle
quarter last year The company has Qaio
dends as follows for the last fourteen years
10 1895, p per cent per year; 1855. 81 per cent
80 per cent; 1888. so per cent; 1898. IS per
1900. IS per cent; 1901. IS per cent; lso-' J.
cent; 1903. a per cent; 1904. Sc per cent 80
l9O5 and So thus far in 1896.
COPPER CONDITIONS ABROAD.-The snal =
lance yesterday in copper metal in Londcn ~ t..
the second Gay OF extreme excitement az tAAs
ire II IS stated in local copper circles u-~. ~
European specifications have not been hs1'
foroign interests are badly in need Of eopp
June. July and August deliveries. Much e''e.
work is being delayed in Europe because =
scarcity Of copper metal The price OF sp'- -
in London is now equivalent 70 q cents - y,
here. and local dealers are in doubt as " -
price can be kept down below lSls cents
COTTON EXCHANGE NONHNAfleNs
following Is a complete Official list o. c--r
nominations or officers for the New NoiA ~.
Exchange for the ensuing year: Walter -.
bard president: Henry II. Wheeler. vice-R =
James +. Maury, treasurer; manages. ---r.s
Higgsns. William p. jerks. Richard = ~.
Lamar L. Fleming. Charles A. Shearson. =. +.
w. Baily. John Tannor. G. Howard Whson.
H. Wigsia. Ludwig ElhnseT. James W
Arthur r. Marsh. Charles W. Lee. 80
and Wiriara r, Craig; trustee Of sga'''~
Edward L. Moore -
STEEL. AND IRON BARS.-Sseel ana .
manufacturers report that the capaeity o. g..
has been practically sold up 70 July J. Ee-
is M space TO speak OF left- Large -
also been made for delivery In the last A' ,,,s
year. The condition % the market s e.