New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-03

prices is being made without future prices suffer
ing. the event should be regarded as propitious
| The market for second half is certainly moro
active and firm it three four weeks
ago. The import demand IS probably over and the
British pig iron market has fallen probably as a
consequence. since il was generally accepted that
the advance IN warrants was brought about artI-
fcially in expectation OF an irresistible demand
from this side
SALE OF CHESAPEAKE OHIO EQUIP
MENT TRUST BONDS-The Chesapeake & Ohio
Railway Company has sold 10 Blair & Co. an ISSUE
Of 81 10000 per cent gold equipment bonds series
" dated February l. 1857. due S112,O00 seml-annu-
ally August l. 1901. 70 February l. 1872 and $1,000
August l, 1872 10 February / 1917 The bonds are
secured by 1900 twin hopper steel gOndola cars
The banking house is Offering the bonds to IN
vestors per cent basis The firm re-
Gently purchased equal amount OF series Z
equipment trust bonds OF the Chesapeake & Ohio.
the greater part OF which have been sold.
FIRST NATIONAL BANK OF NIORRISTOWN-
special meeting OF the shareholders Of the First
National Bank Of 1Iorristown " J., will be held
Saturday. March 2. at 1890 a. m. 70 act upon a
resolution adopted by its board Of directors 70 IN
crease the present capital stock OF 1000 shares OF
the par value OF 500 each TO 1000 shares % the
par value; stock 70 be sold az $3.50 a
share which viii make the total capital 100000:
surplus. 100000. and undivided profits, $50 600.
Albert H. vernam. OF A H. vernam & Co. mem
bers q the New York Stock Exchange IS presi-
dent OF the bank
HOOKING VALLEY RAILWAY EQUIPMENT
BONDS SOLD.-TEe Hooking Valley Railway Com
pany has sold to J. F. FEEDER Of Cincinnati s45SOOC
per cent equipment bonds. dated February l.
1907, and due IN semi instruments from Au-
gust I, 1907. to February l. 1917. both inclusive
$4,000 being due in 1907 and $4,000 each six
months thereafter The bonds are being offered 70
investors on a per cent basis.
PIG IRON CERTIFTCAT ES-Pfs iron certfd-
Gates at the New York Produce Exchange were dull
and unchanged There were no sales Prices FOR
standard foundry follow: February. S22 80 bid;
March, S22g$23; April. s21 5OGS22 30: May S2IGS22:
June. July and October, s22 asked The call On
regular has been discontinued for the present
PROPOSED NEW BOXBOARD DIRECTORS
The stockholders protective committee OF the
United Boxboard and Paper Company has com
pleted the list of directors which il VIII place IN
nomination az the annual meeting 20 be held
February 2L Seven Of the Chicago
ans and five are practical boxboard manufacturers.
MOVEMENT OF COTTON. - The Financial
Chronicle reports the total receipts OF cotton for
the week ended February l. 1901 at SO5.2sJ bales.
against 29+.162 bales in the preceding week making
the total receipts since the first OF September. 1905
Z27t55I bales. against 5.732446 bales for the
period OF lg5-G5. showing increase since Septa-
Der l. 1865. Of l542ll5 bales.
ANNUAL MEETINGS.-The annual meeting OF
tie United States Steel Corporation viii be held
April Is Transfer books viii close March Is
The annual meeting OF the Railway Steel Spring
Company will be held March T. Transfer books
close February 5.
UNITED STATES sTEEL.-It Is estimated that
the United States Steel Corporation IS receiving
interest and dividends investments and deposits
OF between S5o0ooO0J and S7OeOo0OO. Cash holdings
OF the corporation at present are estimated az
SO005o000.
GOLD IaIPORTS.-South African gold 70 the
amount OF 10000 will arrive IN London tomorrow.
II is quite likely that u large part OF this VIII
be secured for New York account
BANK CLEARINGS.-Tle total bank cleartnss
OF the United States for the week ended February
lone day estimated) We're S,l6069S.s5l. against
s32a g755-5 in the preceding week. and S. .sSo0ST
the corresponding week OF 1906
To VOTE ON EXTRA COTTON EXCHANGE
HOLIDAY.-The members OF the New YORK CO.-
ton Exchange will tomorrow vote on the PROPOSE
ton 10 close the EXCHANGE on February -
MONEY FOR NEW ORLEANS-The Suo-LTeaSso1
udy transferred yesterday Tor local osihS SlVVVO"
u New Orleans