New-York tribune., 1909-02-07
60PTCS OF THE STREET

,r7-N NTRADING.-Foreign houses were not
fNi'.. -,e local market. buying to a small ex-
Scl'so IN balance In London the general market
fs7l e- and quiet. japanese bonds were strongly
AS - - on orders from the Continent. Call
s11T9 The British capital was easy ana short
rdle. - v-s-e weak. the movement IN the latter
tre 20 @ =, +1,e hardening Of the Continental ex-
fsils S1,-1h African gold 70 the amount of
ca1-5 an be available in the open London market
morrow. -
Cei = ssys: Copper IS weak and lower. Lake
TT - ha bought at 1850, and electrolytc at 1Slzc
rsnh-', II is reported that the largest selling
p9N-,.- --e-o5 electrolytic at lSl4c and made a
sr7H1' al al pounds According TO the best IN
Sc - =. 1,,t7suahle. the business OF the consum-
Interests ia This country continues eAoeealnsIy
sss -,.--frc and domestic buying, therefore, is
5-al 80 American interests are now Offering
vs2 -.i- In Europe on the basis OF lS-fec pound,
tes... ~ mis- price only little is being sold.
sd - 20 Il dark cloud had suddenly spread itself
7. s =. 81, -sr-rer situation as FOR the time being
oTef & &- ..rr IS gloom and despOndency-' in my
ce-s. 49, Is -he extreme Of the depression which
o.-- Immediately 3recedes The beginning OF nm
aTA.s -f.nk the market VIII continue TO Re
T-''t-s and ---satisfac,ory month CT 50 longer,
csi =. --e-.sl THAI some of the largest proouc-
81 3 i..- MI c-~tal their output somewhat.
isE go -.-- basis FOR the belief, however, that
lae-e ,-s-r ~ this year VIII witness a revival in
- -' - ,s.-ass in tais country, and that the de-
g.. r,- -erq1- VIII then be greater th-n ever
raI1 ia lie history OF the trade Just now,
T-e'l --e atmosphere in trade circles Is exceed
l $50 ana many consumers be4leFe th2l Ile9
EE- -r,s - l---v copper soon al lSc q pound As
" y .-s-s5 rr~eyiousiy the surplus supplies Of
paw -7- especially large, and the actual sta
o.lt1 -7e.tl5n ~ the metal IS not nearly as PAD
rs~t- 5.sra represented When the Improvement
81 - --r whole situation viii change abruptly.
CON- -- De surprised 10 see copper selling at 1oc
Il .Ss- S----s --l,N-Rogers. Brown & Co say:
5-.- market continues 10 drift ainiessiy
Ss,es are few ia number ano sIaLi III Vol
s2-7- - r.a recognizes the fact that in prophe-
1-l- marked Improvement in January the trade
s.--e ,-------s-tr. The Improvement IS coming
- Il soon as was expected, anu meanWLllle
- ----s--.- how content furnaces are IN await
Is s--t-.-s For immediate shipments they
- - -e ..al Ike slight concessions. but snow no
sc - -.a-z.a- 10 push sales for distant oeliE-
S----.s.-s GA Old orders keep up larry wei
! e ,--5..5--s a-. somewhat similar
"a - s-r.--a --aEs-,(GS-Ihe total bank clearlngs
80 ---s5 states t0r The week ended February
- 5ev est.--a-eL1, according 10 Inc I llAAl-el1l
- were Ss-S7-57.2 .26 as against g 4oo'toz
- preceding week, ana $50 ol9'ylo toF me ~,
. = = - 7e5< Of -s.S Compared with last year.
Tss1---77 --sT .,rss-inEs increased So per cent
= fv-- -srv shows an increase OF 5U-Z per cent?
~ =. - --,srr and Chicago So per cent
7- 7-r --,rE FOR 1TETROPOLTAN BOND
No. ME- h715hoLders- committee, AleNan-
= l5a---.-z--. chairman, Of the Metropolitan
s-ss- - - rer cent gold bonds due 1881, an
- -r-- .-r--tl.irls OF these bonus nave oe1H
- ,.-r --.a Guaranty Trust company uhaeF
1sas--1- ~ ars~-h last The time for de-
l.e-- y rg--s has been extended 10 February .,
- vr+-H .a-e -0 bonds N-A o0 TecS-Fe1' sA~7i'1
- -es--g-.- ~ penalty e y q oo1c-
-- 49, -tv-,r,lrS INCREA ASEz-Earninss Of the
.,-.----.s s. E--l o Saut Ste. Marie 1or me
- I'd January s-oy al increase II gross oIeL
i---- -.- -.-- >aa- Of SS5 0S-. the gain Tor the
- I'd -re month amounting to $56,5ot. FROM
- - ---s .a--.--s amount 10 S4,SVl,-s9, against
- 81 au increase ~ ~ per cent me So - -
.'l- .'l--- -s IA -a- lgrc and for the last week IN
- ~ -a- cent The company Is earning al
g. ls- m excess Il dividend requirements.
-l--,r> mon l-l-E-S The Financial ChroI!-
-t-- - ---.- .-.--t. receipts Of cotton for the
= =zr--.-- E. 1878. as 227.I .I63 bales. against
-, ,--- -- --a preceding week, making he total
80 ..--z -.--e--I,sr T. -es, 7,56S,4S9 bales,
-s----7 .- r-.s -.- -le same period Of 1eJ1-'0e,
------ I'M increase since September - -'ee' -
So So -s lI-g weather has generally prevai1ea
~ considerable ---- " ne co-oo-I - - 80
''I- --- -a--- have been generally llgi4t'
.---z - - .,zz- a-z IRE crop movement liberal