New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-29
FINANCIAL RECORD
HERE AND ABROAD
Small Disposition TO Trade
In Quiet Market Prices
Move Little.

Even less disposition 70 trade IN Sc
cor...cs Was displayed yesterday and
dealings on the stock Exchange reached
3 total o. only lttie over 100000
shares. OF this the amount OF com
mission house business was practically
negligible There was no particular
trend OF prices and news Developments
tis. might othcrwi So have influenced the
narkc. received little attention. The
note from Germany, SO long expected,
seemed 200 near 20 warrant any OK
tended commitment. and che approach
.a. 3ouh,c holiday al the week end also
served 90 restrict business.
Further details Of the damage 20 the
Ncbrassau seemed 20 make more proc
able The explanation that It was really
caused by sn attack Of submarine.
During tho day further assaults by
German underwater craft on British
and French vessels were reported, and
cable dispatches from Berlin intimated
that the German reply TO our protest
over the killing Of our citizens on the
Lusitania. while concilIatory IN man
ner, would be FAR from satisfactory.
The market, however. paid 10 attention
10 this news beyond continued action.
At the close price changes were Cener-
ally Of small irregular fractions.
The dividend meetings OF the pOr-
phyry companies brought higher dis
bursemcr 8. IS had been expected. but
only in Nevada was there any response
IN improved prices. Butte and SUI
perior declared al extra dividend, be
cause Of the better market for zinc,
but closed a point lower Baldwin Lo-
conceive, whose directors had deferred
dividends the day before. advanced alb
ruptly in the late trading and closed
with a net gain of nearly 2 points
Rock Island Railway was higher fol-
lowing circulation Of a report that the
receivers had declared themselves con
fdent of earning fixed charges Tor the
calendar year. though il is understood
that the receivers themselves disclaim
any such inference from the figures
they presented. Canadian Pacific
showed further weakness, making an
extreme decline Of 3 points. Standard
issues generally moved IN narrow
range and made unimportant changes
Deposit az the Sub-Treasury Of an
other s. 100000 in gold from Ottawa
brought our receipts from Canada since
January l to nearly S4300o000. The
total engagements for import q the
year are more than $7o,0OoO0o With
the S45oO.0o0 IN gold received from
abroad and an estimated gain Of more
than 100000 on currency transac-
tions with the interior. n loss OF So
600. 900 10 the Sub-Treasury has been
offset. and an addition TO cash holdings
OF local institutions Of more than So
100000 is estimated. Yesterday the
money market was quiet at about the
same rates as Oh the day before.
Exchange on Paris. which had stif-
fened a little on Thursday, relaxed
again. checks selling az 542ie francs
for ST. Sterling was steady. the end Of
the month demand not being sufficient
10 strengthen rates. Throughout the
country bank cloarings for the week
made better comparison with those Of
the corresponding period Of last year
than they did the week before. but this
is accounted for by the more favorable
showing in this city. At other centres
Stacker business. in evidence since the
Lusitania disaster. shows little recov-
cry.