New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-18

Reading The impression is that the banks haH
called loans the pools.
EXCHANGE MARKET CONDITIONS.-C scha
macher & Co say
Since we issued our last market review on fer.
eign exchange sentiment has changed and whs
possibility last week to-day some bankers haV
expressed the opinion that we might see gold III
ling which has practically remained Stationary fn
month, turned suddenly weak last Saturday. AM
has declined TO 1875 to-day The underlying fora
causing this sharp break is found in the bad banA
was probably due 10 the fact that nearly ever
one expected worse bank statement 10 follow @
ury 1t became known that money was bslz
transferred to San Francisco and that vsr
TO South America. The Street has suddenly b.
come aware that, while all eyes were watching III
metal TO Europe. we have been sending gold ever
week 70 other parts OF the globe Therefore eve
such imports will hardly have an influence upa
our monetary conditions here. More than Ike
amount thereof. would be reshipped at once
other parts Of the world. The sudden rea,izatt +
poets of a continued drain on our banks. the en- |
OF which is not in sight AT this time. have aarne
(acting like a barometer) indicates the possba |
approach of storm. II is likely, however "a I
change throughout the country show tenden
OF funds TO concentrate at New-YOrS, and ~. /
money during the week was literally offered q /
slightly higher rates and this would indicate
for money to follow as soon as the pressure q
this centre shall ease. Gradual and orderly lilna
in contraction Of our loan accounts thess~
helping the legal reserve of cur banks.
WINTER WHEAT CONDITIONs-A dispas
from Chicago says that recent snowfalls have pc
general over winter wheat sections where the pa
has been exposed. Climatic conditions have 90
no serious harm anywhere. so far as can be learn
and the outlook for a good crop is becoming 0eUa
Replies to extensive inquiries indicate that Ihs
Is practically no wheat in farmers hands n y
souri,; in some sections Of Kansas and Ne0rasSa
per cent and in other sections none. the ave''s
being between 10 and Is per cent. The car shoFs'
is still acute in Kansas and other winter Wh
States. hut ii is felt most in corn circles. The sa
age of power Is almost as bad The railroads O
plain that they cannot get deliveries from ea'F
ment companies in reasonable time.
HEAVY STEEL RAIL TONNAGE.-Nsw en'1
for steel rails in the current week aggregated ae
5e0t9 tons. It Is estimated that the ul-
steel rail business on the books of the various IL
calling for delivery in the current year. Is IN Y
neighborhcod OF @50e600 tons. exclusive Of -
rails When the fact is taken into consideIsls
that scarcely six weeks of 1876 have elapsed,
heavy tonnage is something remarkable y.
oefo~e have the steel rail mills OF the county
~ iAtNttH uitlliiCu tonnage on tNCll Dp0hS. -"
duction OF all classes of rails last year was -
than $4,000 tons. record total. but rail ma
tacturcrs say that even heavier output
year Is certain. Practically all the big RAM
companies have uEderestimated their reGl'rehe
and this accounts to large extent for the en-
nous tonnage that has already been booked
RULING ON ATCHISON.-The Stock ENcAS-s
committee on securities rules that all transaee
IN AtchiSon preferred and common stocks. nla',
Wednesday. February q. -90S except for cash. -
De eN rights Certificates delivered after Fe'l~
T. Ior all transactions made prior thereto y
unsettled cash transactions Of February - ="
De accompanied by an assignment OF rlSh's
Que bill for the same. Sales Of rights n'aSV
and after February p. except transactions -
specifically for cash. must be settled ON mus
April O. 1896. ON which day all due bills mNS' =
deemed. Transactions in rights on and after ~
. must be for cash regular way. The ~"
subscribe terminates April Il. 1890. ..
DELAWARE AND HUDSON-The STOCK
ch2ttSe committee ON securities rules that vs.
way and time transactions In Delaware
Hudson Company's stock made ON February
Is. IA ard IS. and all transactions thereafter
all transaC lions made prior 20 FEBRUARY anu
tied thereafter. and all cash transactions -
on February and Ia and settled after Feof"Ns
must carry due bills representing all the "s.s
subscribe which may accrue 60 Stockholders !" ,ss
aetio" ct the stockholders on February ="