New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-03-27
$40 Broadway, at Pearl & Thomas SITS.

was in good demand Cor settlement purposes. ard
there was an idea tina. the Bank Of France would
make q further advance in its discount rate 10
morrow.
MARKET GOSsIP.-Northern Pacific saw Non
dav at the lowest price u has touched in nary
years and about IS points under the price which
the Hartman interests paid for a good deal OF
the stock in 1901 In yesterdays market II closed
at ina II the stock should break materially f-r
Their I; would raise havoc with payments which
are d,1 on the new stock IN few days. Thsrs
has been a depreciation IN the market value OF
Northern Pacific in the last year OF upward q
SS3OOOOOO but there has been no actual loss IN
earnings and equities. Northern PacflcS equity
in Burlington is worth fIom SIS 20 so share
The market was not supported BY any organized
pool. but certain large interests were practically
working together 20 check bear raids. Bear trad
ers, however even when covering stop loss Or
ders were cheerful over what they considered
a favorable outlook for further declines. basins
their theory On the absence OF outside buying and
the crippled condition OF many operators who n
ordinary times, are strong IN financial resources
Stop loss orders OF shorts were caught In quantity
IN Amalgamated, Shelters and the Hill and Ea--
rInaan Issues Many OF the larger interests sup
ported the stocks in which they are especially
concerned, as. for instance H. H Rogers sur-
ported the coppeFs and the Guggenhciuls AusTi-
san Shelters BANKS reported active demand
Tor funds from people who were anxious 70 take
advantage OF tbs current level Of values 70 buy
good stocks. There were many more investment
orders than reported week ago. II was gsnsr-
ally admitted that the rally weakly held stock
carried through the break was Hquidated IN con
siderable quantity FOR operators who had been
taken care o. The market digested this remark
ably well. IN spite % the selling OF some MeV
shares by A o. Brown & Co. Amalsanated Cop-
per acted well. and advanced in the afternoon Win
similar sales. Traders think that shorts coVeie@
were being put out again. and although this has
been done successfully FAR there are ind1ea-
tions that IL may be done too often AroitFasa
houses bought stocks overnight, believing tnar
London would respond TO the rally, establishing a
higher rarge of prices before our opening 1hey
found considerable disposition 70 buy stocks On
the curb in London UP to late hour
COPPER PRICES.-The United Metals Selins
Company yesterday quoted the price Of copper as
lake. The declines in prices IN the London masAss
to-day which looked sensational from the caos
reports according to high authority here, have no
influence or effect on American copper me Lon
don market quotes G. u. BIS. as copper 6. NJ b
are bricks or rights OF unrehned only partially
refined copper which are used only for the rough
est kind OF manufacture. unless they are put
through a further refining process They are rep
resented by warrants which are favorite specu-
Iative medium Of the copper spectators IN Londo~
The prices Of G. NJ Be. have no more connecuoA
with OF direct influence on the market for the re-
fined grades. such as eIectrOytic and lake eoppera
than the price Of copper mining stocks has upoa
the quotation OF copper metal
CHICAGO GREAT WESTERS-The Chicaso
Greas Westerns report FOR six months ended De-
cember 1906. which was made public at the meet
ings Of the debenture and preferred a. stock
holders IN London On March 6. shows decrease n
net earnings OF sl2S s55 from the previous -.
when net earnings amounted TO S1.699.109 The De-
crease as President Stickney points out. Is NAT
ter OF boOkkeeDins rather than real because ~
the year before there was a necessary deduction
from net earnings Of S2O49Ss which left the aesi
net for the half year ended December. 1895. silva
III as compared with s1.S7205S for the six uontas
ended December. 1906. F'IrthermOre, expenses na's
increased The percentages Of expenses 70 earninss
for the six months ended December. 1905 was ~
IN the similar period OF 1908 q 6S2S Der ceAA
an increase % 5.73 per cent This has been a-s
20 higher wages. partly. and also 70 heavy trans
that impossible 70 move economically
DIVIDENDS DECLARED-The Realty Also,
ciates OF Brooklyn have declared q seuil-anntA
dividend OF per cent payable on April IS. s1r,so
s. susquehanna directors have declared resuas
quarterly dividend OF ~ per cent on the eonin.ons
payable on April 1 The Chicago Pneumatic 4eo.
Company has declared the regular quarterly dis'-
dend OF I per cent. The Central and South Amer
tcan Telegraph Company has declared the regular
quarterly dividend Of 1is per cent. payable e.
April 9. The Mexican Telegraph COMPANY nl'
declared the regular quarterly dividend Or "a pe
cent. payabls on April IS
NORTH BUTTE EXT Ils's s.S. g Z tss5sS ::
eight feet. ne North Butte Extension COpPsr MI,
ing Company struck q strong vein from utsSen
t tSssy u4 5sss Sd e IN b s B IS sssa
shows silver COPPER and a tEaes q s 9,,t -rsss-
cuts at the 500. so. 700 and the loo root l-sels
PIG IRON CFRTIFTCATES-Pis IRON c-1ss|r
Gates at tho New York ProdGce ENcnanse WEI ".
and somewhat Irregular There were no 80 s14
Prices Tor standard foundry follow: Cas 49, a-
June and July. SO IS asked; October. I'D asked.
CORN PRODUCTS REFINIy G--At the anna ,~a,
meeting Of tho stockholders OF the Corn Frot5Isv'
Refining Company, held "a Jersey C1ty N-s'-nasiy
the retiring board was reelected &ne "e"A'
elected board VIII organtze tomorrow 80
PETITION TO CLOSE ENCHANGE--AP suuosn
" as Circulated on the Stock Exchange and 49,
BY every member tho door, @ suspend orsins Vii
Good Friday and SATURDAY.; The soyeInSsaEs, go 60
act on tho petition az their regular meeting -
day.
CANADIAN PACIFIC'S BIG EAF2N1NeiS.--E.aAa
ings OF the Canadian Pacific for tne tnrd WssA -
March show a gain OF $4,000 as compared VII rg.
same tins last year. From July gross saitHs>
have Increased 81 U5.0o0
ATCHIsON'S NET EARNINGS DEyHsAS Az
Net earnings OF the Atchlson for Feoruazs az
creased ses.'065 against an Increase IN s'os sns
sS+o.35o. comparison being made Win s'e So
time last year. a.
REGULAR ANACONDA DIyIDEND.-Ine a., a.
rectors OF thu Anaconda Copper COMPANY xasrgS
clared the regular quarterly DIVIDEND Vh 80
share
STEEL pool MEETINGS.-The Eastern ,,an
Iron Association and the Nut and Bolt Assvlss.
have reaftrmed the existing scAedu4e OK PA'~e"
EXPORTS OF MERCHANDISE