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New-York tribune. [volume] (New York [N.Y.]) 1866-1924, August 01, 1906, Image 12

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Bankers anjl Brokers.
HIGH GRADE INVESTMENT
BONDS AND SECURITIES
LETTERS OF CREDIT
FOR TRAVELERS
Interest allowed on deposits
subject to cheque
IRednumtl&Ca.
p.-.r. i.i t ; r ■■■ * 507 Chestnut St.
33 Pine St., New York
FISK&ROBINSOISr
BACKERS
Govcrnnrv^nt Bonds
City of New YorK Bonds
_n_ other
' Invest rrvent Securities
H£MBE»S STOOi r__O«iE
aes-cro-R strut 2a state stket
NEW YORK BOSTON
'London <' Paris Exhange, Ld.
BANKERS,
Arenov dealing in and negotiating Amer
ican Industrial and Mining securities on
the London Stock Exchange. A special
department has been opened for introduc
ing sound and well supported undertak
ings. Those desirous of placing securi
ties on the London Market should com
municate with the Secretary, London &
Paris Exchange, Limited, Basildon House,
Moor-gate Street, Bank, E. C. London,
England. ,
R. L DAY & CO.,
5 NASSAU ST, NEW YORK.
• 25 CONGRESS ST, EOSTON,
Menfeers 23". Y. and Boston Stoc_rl__:c!_._-ig^s.
C. H. VENNER & CO..
BANKERS,
33 Wall St., New York.
5250,000
SOUTHERN E_!LW_Y CO.
ST. LOUIS DIV. FIRST MORTGAGE 4s.
Circular, Map and July List on application.
Pfaelzer & Co.
BANKERS 25 BROAD STREET
XTB OFFER
Guaranteed First Mortgage Bends
and
GrAHANTEED TAX EXEMPT
STEAM iujxhoad eixciaTxna.
TO V__D _«VESDOBB OVEB, 0%.
SCHMIDT & GALLATIN,
membebb 2.*. T. stock exchanoe.
Tel. _2flO Rector. 111 Broadway. N. T.
Financial.
INVESTORS READ
The Wai! Street Journal
I A SyVTIRTISSMENTS __S_> SUBSCRIPTIONS for The
/V. Trilmae received at _etr Uptown Cdcts. No. MM
Sroadwmy. between I ■■ .ih and 87th eta., until 9 o'clock p. m.
.Adwfijnimiis r-oe_vt<i at toe following branch office* at
jti~_lir office rates until 8 o'clock p. m.. vis.: 854 Bth
-ye.. c. «. oc-. 23d at.: 153 6th aye.. cor. l_-_ St.; D- BsM
rcruiar offioa rate* until 8 o'clock p. m., viz.: 234 Bth
2-_- __,• 257 "West 4_ _.. between 7th and 8— aye*.;
SAVEffGS BABES FIGURE
The sex_*__u_ rc_>crt of the State Banking £>--
partment on the 130 savings banks ci New York
State, compiled from the July 1 returns, shows the
{following changes from last year. These changes
over ITOS are placed, in the subjoined table, along
side of the si— rhanges-ln I»3 over <_Soi:
1003. 1905.
Total resource* .4-S7«.7S_.CO<J 4-so_,_C*3.<_7
iiepo_l_» 4-_2.164.753 4--ft._3s,B__
Surplus on market v_]u» of
■to— • an. bonds — _,_37.790 -t-&,655.428
•ur&iua. on par value of stock*
MA fends -K^OB.IBS -r5.972.407
Cain ta open •vococnis 123.C86 10^010
<_!& _ amount deposited, 4ur
isg 9 tar ending June 80 31.142.040 40,188.173
{Amount wttbdmwn ___asy_ar
ending- June SO _ ~ +8». 198.749 •f20.548.614
Sbtereet cre_tte_ durlnc year. . ' -rii,677.315 4-_,«72.27a
•--ir-at<sp_,e3_or__tn-nths 4-20.663 -r10G.119
__ general statement Issued by the department.
£fvl__r conditions at th» close of '(business June SO
I—--, follows:
1908. 1905. '• 1904.
Total re-oaroes. ._5_»««.4-4X3_.11._87.CD_.£C«3 51^78._83,167
•_ — nouc l _ua 4<r—
posltors .-,.(.. V-_ 1.25a,_8,800 1.1«6.081,444
■urpSua on market
value of evocka
and bond* 105.en.735 114._».fi» 10S.-54,007
Surplus on par
values 88.172.896 83.288,700 7»._04._02
dumber of open
account* 2.637.235 2.513.570 2.406.660
.Amount deposited
during year ... 894.8&5.X06 563.215.466 323,080,288
Amount withdrawn
during; yew .... 856,910.221 817.711.472 267.467.858
Interest credited
during rear.... 44.725.760 41.748.444 85,076.163
Current expenses
for •_ months.. 1.835.508 1.617.604 1.708.685
TRUST AND SURETY COMPANIES.
(Reported by Clinton Gilbert, No. 2 Wail at.)
Bid. Afke4.j Bid. Asked.
Alliance Realty IIS 125 ; Mount Vernon.. 226 250
Am «j-etv Co. US 105 ! Manhattan 475 493
Banker* " . - 610 Mercantile — £50
Ed &M Gr Co. 395 405 j Metropolitan ... — 6W>
Bowling Green. 4*> 475 ' Manhat Mtge... 140 -
Broadway .TV. I 186 I«2*' do pref 105 115
Brooklyn . ...♦/» *25 [ Mortgage Bowl. 100 105
Ca. Co of Am. 120 180 Morten - «30
Central .2.060 2,150 Mutual — »2*
Century Ry Co. 190 200 i Mutual Alliance 210 218
City Invest Co. I<*> 114 ; Nassau 260 270
Colonial 3*5 400 i National Surety. 185 145
Columbia 250 270 >N VI.I AT. ..I.OUO 1,020
Common wealth — 65 TV V Mt«e AB. 190 200
Qnp!r« Trust.. SIO SIS X V Trust 713 «30
Equitable — 615 (People's 335 850
farmers' I_T. — 1.4-5 Realty A -so IM 185
Fifth A.V Tr.. ■ — 665 Standard Trust. 410 440
Flatbueh 286 275 TiMe Gr A Tr.. 690 610
Fntnklln 825 835 T*l Co of N V.. 160 W0
Fulton 825 850 !Tr Co of Am.. 744 755
Guaranty Trust 620 — i Union 1.800 1.410
Guardian 225 — t United States. .1326 1.875
Hamilton SCO —j1; 8 Casualty... 200 —
Home Trust... — I&2HT 8M& TCo 440 480
H_aon Realty 128 185 VgTO *I Co 125 130
Inter Kkjr Corp — 150 Van Norden 810 —
Kir. 1 - County.. 450 476 Washington 400 —
Knickerbocker .1,2*1 — We-tett^ter ... 1«> U*
l—wyerr Mt«e im ISA ■WAB TA M. 173 160
!_— T I _T. — *> 207^ Wllllamsburg ..220 —
Linecla ....... tea — Windsor ....... _<"» -'■"
l_^ 1.1 L &T _■ so» !
FURTHER GAINS IN STOCKS.
SHARP ADVANCES MARK LAST HOUR TRADING.
United State* Steel Common Restored tn Dividend Column— Curpura-
tiov.'s Hraiij Earning*— Sterling Strong.
Closing prices of stocks dealt in, with net
chances, follow:
AUIs-Chalmere.. 18 + %|lowa Central.... »% + %
Amal Copper ..lOl l^ -fl%i do pref MH +*■
Am O & Fdry.. 87% ■+ J4 K»na & Mich... 69 —1
do prof 100% + »4 Kan City So 2»% ±\ v
Am Cotton Oil.. 33% +%| do pref M +1%
Am H & 1*..;.. 7% + * Kan Ice of C... «0% — —
do pref 81* -1-1% It,EJ & West 85 +1
Am Ice Secur.. 65% +1* Louis & Nash... +1
•Am Loco 72% -cl% ilanhat El !*_•_? ~ IH
Am Smeltlnt.-.ISS +1?4 Mcx Central ••,•20%
Am S Fdry 11 «, -t- %;m SP* S S M.162* — 4
Am Sugar 188% +I%' do pref . .. ■■ ■ .1.\% '+1
•do praf 186 » Mo Kan & Tex. . 34* +*
Am Tob pref... 100% —%! do pref "£}» " 1 1 ,
•Am Wool .' 87* 4- % Missouri Pac 98* + »
•do pref 103 + % Nat Biscuit «£}* +1%
•Anaconda 2^3% +2142 1 4 •National Lead.. ■«% + 4
A Top & 8 P... 02% 4-1 NT A Brake... 142 — -
do pref 100* +»1 N V Centra! 13. -r %
A Coast L. 140* + % N T C & St L.. . 66% — »»
Bait & Ohio. ...120% •'+ % XV O &\Vest. . 47>4 — %
do pref 02* + * Norf * West.... »« +J»
Beth fiteel 22 'No American. .. .95% •+■ »♦
BR Tr 78 4- %No Pacific 2»3* 4- %
Can Pacific ....1«« -1% Pacific Mall •••••* ——
do lot pr«f...iai +1 ' Pennsylvania ■ ■ J<|o% 4- %
Cent Leather... -*1P»O- C. . ■ ■■■ 92* 4- %
C— • & 0hi0... IS 4- *' Pressed Stl Car. £0% +*
Chi Ot West... IS — *!Ry Stl Spring... 63 • — — •
do pref 8.... »% —* Reading 131% +1%
C_* St P.... 150** 4- '* do Ist pref.... 92 — H
C & it W 202 »Re» ir & Stl... 28% ■— %
Chi T_r Tr 13 •<» pref 29* + %
ChltJnTr. 4% 4- * Rock Island 2»% 4- %
do pref 18 4- H do pref . ...... 63% 4-*
tC CCA, St 1.. 93% 4- %'StL. A S F2- pf 43* 4-1%
do praf .113% 4-B*!St _.& Swn pf.. 53 + H
Col Fuel A tr.. 65 -i-l*!81o»8-She£f 75% 4-%
CS>l A South... 87 4-2 'South Pacific. ...i4* 4-1%
<Jo Ist pref... 70% 4- % ' do pref 117% — —
do Si pref . ... 82% 4-I% 'South Railway.. 86% 4-%
Co-sol Gas ....138% 4-4% dopref 96% + %
Cm PSt Co pi. 7? —% : Term C * Ir. . .156 4-1 ,,,
I>el A Hu4....21*% — %!Tex A Pacific..-. 32% + %
Ben AR 0 43% 4- % I Tol St L. & Wpf 47% — %
X>lst Sco Co 69*!* tUnton Pacific ...152% 4-1%
I> 8 S A A IS 4- %!fnit Ry Inves... 58 —
dopref 38 4-2* ! 6 Oast I P. ... 40 4-*
Erl. 49 4- HI IT S B. 4 1mp.... 77 —2
<Jo Ist pref... TO USR&R 3.* 4-*
Fed M 4 6m...1«8H 4- * V B Rubber 43% 4- %
da pref 05% 4- V do Ist pr«t....108%
Gen mCo 1«7 + HjTTS_teel.. 40 +%
Gt Nor pref... .2»% 4-%! dopref IJ7 + %
Hock Val pref.. 05 — *;Wab_h 20 + %
IlllnolP Cent 178% 4- % "West IM 86* —2
Inter-Met 37% 4- %i W Su 1. B 18%
<Jopref 76% — % do 2d pref.... 24
Inter Paper .... 1»H — %'Wls Central .-. 25% — %
dopref ...... 84 — - li
•TThHsted. f_r dividend.
Closing prices of active bonds dealt In, with
net changes, follow:
Japan 2d eerie*. 99% 4- H'Mcx Cent 2d Inc. 15% 4- %
do 4%s 94* 4- % Oregon 9L. 45... 94% — %
_m Tob 4a 79* 4- * i Perm cony 1915.. 94% 4- %
A T&SF gen 45.102% -i- % I Union Pac Ist 45.103* 4- *
do eonv 4e.... 102 4- %!U 8 Steel 5s PS% — %
BRT4s 05% 4- % Waba*h I> 8e... 81 +%
Col Ind As 77% 4- % Wab-Pit Tr 20s. 87% 4- %
Erie cony _5... .104 4- % I
STOCK MARKET OPEP.ATIONS
Transactions In yesterday's stock market were
moderately heavy In volume on a movement of
values that generally tended in the direction of
higher Quotations. The Harriman shares, the
copper Issues, Consolidated Gas, American
smelting. Reading, Brooklyn Rapid Transit and
United States Steel among the prominent stocks
were features, though early dealings In the last
named were disappointingly small In view of the
expectation of the issuance of the corporation's
last Quarterly earnings. It was not until afto**
the close of business that the report was made
public the figure showing the improvement that
generally was expected, net results amounting to
$40,125,000. and surplus to $5,231,106. Untiled
orders as of June 30 were 6,809,589 tons, which
compares with about 7,000,000 tons In the pre
ceding quarter. As the Street had had little
hope of a dividend declaration on the common
stock, the action of the directors after 3 o'clock
In restoring the Issue to the dividend column
doubtless will be an important factor in to
day's market. Earnings of the corporations are
so heavy and the concern has accumulated such
a large surplus that the decision of the directors
to declare a dividend certainly was within the
bounds of conservatism, though, of course, there
will be some interests short of the market who
will see in the announcement cause for doubt
over the wisdom of the Steel management in
making this long hoped for distribution to the
stockholders. Perhaps the decided strength in
the last hour of business was due to an inkling
in some favored quarters that a dividend would
be declared, though in Steel common there was
no great advance, improvement of important
proportions being confined to other leading
shares and some of the low priced issues, in
cluding Colorado Southern, which gained 2 per
cent net. In well Informed quarters It was said
that the Increased earning power of the Colorado
Southern property would be reflected in much
higher prices for the company's securities at no
remote period. The road is being improved
physically, its earnings In the last year have
shown most satisfactory results, and it is con
ceivable that eventually the common stock will
be placed on the dividend list. The best prices
of the day were recorded in the last hour, when
buying increased, accompanied by purchases of
large blocks by leading houses. Consolidated
Gas closed more than 4 points above Monday's
final figure.
Money market conditions at this centre do
not suggest the development of a period of
easy rate 9 for loans, but efforts are being raado
in speculative circles to create the impression
that despite the enormous demands that soon
must be made on local bank holdings, Incident
to the gathering and marketing of the crops
and the expansion in the county's general in
dustries, there will be a constantly increasing
supply of funds in New York due to gold im
ports and government deposits. Doubtless there
will be gold imports In volume, unless Rus
sian developments should bring about heavy
liquidation of American securities for foreign
account, and it is quite likely that the Secre
tary of the Treasury will make further deposits
with depository banks, but these movements
will not serve to establish a big surplus fund in
this city for stock market purposes. They will
merely offset to some extent the withdrawals
for interior account. In well informed banking
circles it is believed that time money will rule
at a stiff level in the balance of the year, while
higher rates for call funds are expected when
the Inquiry by out of town institutions for
their balances at this point and additional
amounts become urgent. Interior bank balances
in New York are smaller than usual at this
period of the year, owing to the active employ
ment of money in the channels of trade, and the
idea that the Western and Southern banks will
be able to handle the fall demands without
drawing on New York for funds in addition to
their balances here on deposit is not enter
tained in intelligent quarters of the financial
community. At this Reason of the year, when
speculators are anxious to bring about an Au
gust boom in stocks, talk is heard about the
necessity no longer existing for shipments of
currency to the interior, but there has never
been a fall and there probably never will be
when there will not be large withdrawals of
money from this centre for Western and South
ern aeount.
At the moment general conditions encourage
buying of stocks for the rise by the Wall Street
element, but there is no activity on the part
of the public, and little indication that outsid
ers Intend to come into the market at present.
The investment market is quiet. Bonds are in
light dgmand, except in the case of some of the
speculative issues, such as the Wabash-Pitts
burg Terminal second 4s. Central of Georgia. 5
per cent Incomes and the Mexican Central in
comes. Bond houses are congested with issues
for which they cannot at present find a market,
and it is not likely that there will be any great
activity in the bond department until time
money seeks a loww level.
NEW-YORK DAILY TRIBUTE. WEDNESDAY, AUGUST 1. 1006.
BOND MARKET SALES. ;
15000 Japanese 6* 80% i 9000 Met St Ry Ref 4* 84
4000 do 88? i. 1 1000 Mcx Cent Con 4s. 78%
24000 do 00% 5000 do Ist Inc 10
27000' do 2d 9»%|10000 do 24 Ino __?«,
6000 do '..00% 10000 . do . . . : 13
6000 6o 4%» ..sml. 94%; 11000 "do 18
1000 do i 94Hi 8000 do "••• I?J*
7000 do 94H 6000 Mo KA T Ist 4s. 00%
12000 do 94* 1000 N C A St L. Ist
28000 do 2d.. 91 7s i. ip'4
8500 do 91H 1000 Nof M Ist Con 4» 844
800 do OIH 8000 NYC Deb 1034.101
2000 do 4s Ctfs 83 WOO do L. & Col 3Hs »0 ,
15000 do 82410000 do 69H
10000 do 82* 18000 N& W Con 48. . .100%
5000 Va 6s Derd Ctfs. 24 Hi 3000 Nor Pac Gen 3s. 7«}i
7000 Am Tob 6s 113 3000 do 76H
20000 do 4s 79 78000 do 78
2000 do 78% 10000 do 76H
3000 do 79H 40000 do Prior 4 s 103%
10000 ATA BF. AdJ 6000 do 103%
4s 25(«V» do 104
5000 do Stpd 92 1 * 11000 OR & X Con 48.1004
0000 do Gen 4s 102% 9000 OSL Gtd Ref 4s 91
70000 do ...^» 102% 2000 do M%
5000 do 102H 1000 Perm Oonvt 34». »74
9000 do Convt 48. .102 48000 do 34a 1015... 944
28000 do 101% 1000 do .... sml. 94%
60000 do 102 10000 do 94H
1000 do Warrants.. 35000 do 94%
15000 do 101 V 5000 Reading Gen 45.. »9%
COOO At Coast 48 . . ..1004 ! 4000 do -0!i
2000 do 100 I 1000 St L. Ir Mt & So
6000 B & O Gold 45.. 1024, R & G 4s 92%
2000 do 102% 5000 St L. A S F Ref
4000 do Prior 84s. 94 4 : 4s *24
1000 do 94 1000 do 82%
2000 ft BRTr 43 94% ' 10000 do 82%
40000 do 65 ; 1000 do 83
10000 do 96>4 55000 So Pac Ist Ref 4s. «5
15000 do - 954 ! 16000 do 94%
5000 B Un _ Ist 109 I 1000 So Ry Ist 5s 1164
1000 do ios% booo do 118%
2000 do 109 1 1000 Tex A Pac Ist 118S
4000 B Un Gas 5s 107% i 1000 TSt L_W4i.. M
8000 Can So let ss. ..101 12000 do 81%
POOO Cof <3a Con ss. 111% 1000 Cnd El London 5a 95
2000 do 1114 15000 Un Pae Ist 45.103 I 4
2000 Cent Leather ss. 994:19000 do 103
14000 G& O Gen 44«1074 I 2000 do 1084
1000 do Con 5s 1174130000 l T RRof S F _«4
1000 C B & Q Jt 4b.. 98% '■ 5000 U S R A Imp ss. 93
26000 do 111 Dlv 45.. 101 «4 10000 do 92%
15000 C R I & P Gen 23000 U S Steel S P ss. 98
4s 1004: 3000 do 984
10000 do Ref 4s 93H ! llvio " do o. 98%
1000 do .. 93% 00000 do 98%
4000 do RR 4* 77% 7000 do 98%
4000 Col In_ 5, A. . 77% «00ft do 98%
1000 do 77% 2000 Waba*h 2d 5.:.. .107%
5000 do 77%|100O» do Deb B «1
3000 do 5s B 77 I3ROOO do 80%
1000 Con Gas Deb 65.187% ! 50000 do 804
15000 do ...i 139 I 5000 do 80%
10000 do 140 ! 10000 do *>%
IC«V> D & H Cbnvt 49.109 5000 I do 81
7000 D & R G Con 4s. 994 12000 Wab-Plt Tr 3d.. 37
10000 Dist See Cor 5a. . 864 '2000& do 37%
1000 Erie Ist Con 48.101 20000 do 374
18Ono do Convt 4a. ..104 22000 do 37%
25000 do Perm Col Tr ! 1000 do 374
4s 95% 1 37000 West Md 4s 84
6000 Hay Bl Ry 8e... 94 5000 do 844
1000 H Val let 44a. .108 4000 do C. 844
10000 Inter-Met 445... 85% 2000 do 83%
1000 do 854 1 2000 do 83%
21000 do 83% j 1000 West Shore 4a 105
4OOTV Kan CSo 35.... 72% 2000 do Rear ....;. 104
6000 KCoRI 4s Stpd. 93 !
Total sales of bonds. $1,713,000.
GOVERNMENT BONDS.
The following shows yesterday's closing: quota
tions for government bonds, compared with Mon
day's:
—July 80.— —July SI. —
_ &1. Asked.
V. S. 2s. registered. 1030 104%^105% 104% 106%
U.S. SB. coupon. 1930. .» 104% 105* 104% 105%
V. 8. Bb. registered. 1918 103* 104 108* 104
V. S. Bs. coupon. 1918 104* 104% 104* 104%
V. a Bs. S. 8.. 1918 103% 104 103% 104,
V. S. 49, registered. 1907 103% 104 103% 104
U. S. 4s, coupon. 1007 108* 104 103% 104
U. S. 4s. registered. 1925 129 130 120 130
U. 8. 43. coupon. 1025 130 131 130 131
restrict of Columbia 3-653.. 116
Philippine __„ 110 110 —
FOREIGN GOVERNMENT AND MUNICIPAL
BONDS.
(Reported by Zimmerman ft Forshay, Koa. 0 and 11
Wall street.)
Bid. Asked.
German Consols 3*« 99* 100*
German Consols 3s 87 87%
Bavarian Government 4a _ 101 101 %
Hessian Government B*s... 08 98%
Saxony Government 8s 86% 87
Hamburg Government 4a 86* W%
City of Cologne 4s 101% 102
City of Munich 4s 102* 102*
City of Augsburg 4s 101* 102
City of Frankfurt on the Main 3*b 97* 98*
City of Vienna 4s 99% »9%
Mexican Government gold 6s 102* 102%
Russian Government in 73 74
French Rente 3s 96% 97%
British Consols 2*« 87* 87%
FOREIGN MONET MARKET.— CaII money In
London. 1^ per cent. Open market discount
rate (or short bills, 3^3 1-16 per cent; long bills,
31-16S8H per cent. Berlin discount rate. B^4 per
cent. Berlin exchange on London, 20 marks 47%
pfennigs. Paris discount rate, 2*> per cent. Paris
exchange on London, 25 francs l4Vi centimes. Bar
gold In London, 7a 9%d.
FOREIGN SECURITIES.-Britiah consols for
money, 87 9-16; for the account, 8713-16. French
rentes, 97 francs 30 centimes.
MONEY AND EXCHANGE.
MONET MARKET.— Money on call opened at 2%
per cent; highest. 2% per cent; lowest, 2 per cent;
last loan, 2*4 per cent; close, 2V* per cent; ruling
rate, 2>4 per cent. Time money was Quoted at 4Vj
per cent for sixty to ninety days, 6 per cent for
four and five months, and 6*#6 per cent for six
months. Commercial paper was quoted at [email protected]
per cent for sixty to ninety days, 6®5>4 per cent for
four to six months, and 5%@6 per cent for others.
FOREIGN EXCHANGE.— Market closed steady.
Actual closing rates follow:
Cabl*«. ' Sight. Sixty daye.
Sterling 4.8545 4 "4574.85% 4.ft1%@4.82*
Francs 5.18% 5.15%i35.18* 6.20%i&.Y20 1-18
Relchsmarka. . 94% 04 11-lC<&t4 18-16 94*694*
Guilders 40 l-16«H0% 89% ®39 13-16
Bankers' posted rates were as follows:
Sixty days. Demand.
Sterling 4.62* 4.P5*
Germany relchsmarks 94% 95
Paris francs 6.193-16 5.16%
Belgium francs 5-20% - R. 18%
Switzerland francs 5.19% 5.16%
Holland guilders 30% 404
DOMESTIC EXCHANGE.— New Orleans—Com
mercial, 250 discount; bank, SI premium. Boston—
15c and 12% c discount. Chicago— loc discount.
Charleston— Buying, par; Belong, %c premium.
Cincinnati— loc discount. Savannah— 4fic
discount; selling, 75c discount. Minneapolis—
premium. St. Louis— lsc discount bid, 5o discount
asked. San Francisco— Sight, 2c; telegraph, 10c
premium.
BANK CLEARINGS.— York — Exchanges.
$356,141,669; balances, $11,228,990. Exchanges,
$23,489,385; balances, $2,181,182. Chicago— Exchanges.
$34,779,512; balances, $2,277,903. Baltimore—Ex
changes. $4,733,627; balances. $751,738. Philadelphia-
Exchanges, $23,394,535; balances, $2,675,191.
SILVER MARKET.— silver. 65c. Mexican
silver dollars. 50Vy. Bar silver in London closed
at 30 l-16d.
GOLD PREMIUM.— Madrid, 11.15; Lisbon. 2.50.
MEXICAN EXCHANGE.— Mexican exchange on
New York is Quoted at 19$^.
GOVERNMENT RECEIPTS— receipts
reported from Washington. $1,153,025; internal rev
enue receipts, $245,601; miscellaneous receipts,
$141,802. Receipts for the day, $1,5T0,625; expendi
tures, $2,740,000. ' Receipts for the month to date.
$37,441,729; expenditures. $52,660,000; excess of ex
penditures, $15,218,271.
SUB-TREASURY.— The Sub-Treasury was debt
or to the Clearing House $269,701.
BOSTON STOCKS.
(Furnished by R. L. Day & Co., No. 3 Nassau street.)
July 30. July 31. ■ July 30. July 31.
Arcadian 2* 2*l Atlantic M1n.... 14 14
Bost & Albany. .24s 243 Shannon Mm &*; 9%
Boston Elev 162 152* Blngrham Mm 30 80
Boston Coal 25% 26 Cal & Hecla M1n.087 C ->
CJH 4U 8 T*l6o «160 Centennial Mln.. 22* 22*
Granby Mln 11* 11% Copper Range M. 73% 73%
Fltchburg pref. .l37 187 Franklin Mm 17»» 17U
NTX H * H..195 105 Mass Con Mia. ... 7% 7%
Old Colony 201 201 Mohawk 11 In 61% 62 "*
West End St Ky 04 94 \ Osceola Mln 104% 106*
do preferred.. 100* 109* Old Dora M1c.^39% 88%
Mass Eleo Cos.. 19 20* Parrot Mln 26$ 26*
do preferred.. 68* 68%iQulney Mln 87 87*
Am Tel &T C 0.133%. 133% 133% j Tamarack Mln. ..100 102
No Butte 69* 80 | Wolverine M1n.. .146 153
New Ens Te1.. .132 130* C S Mining 86% _
W Tel _ T Oo..«12 11 V S Oil 10 10%
do preferred.. 68 63 Mass Gaa 68% 08*
Dom Ir & Stl... — «27* do tired... 87* 87*
Un Shoe Mach.. 79% *80 Utah 67% 07%
preferred.. 20% 20%; *
' •Askad. - ■ . • '
BALTIMORE STOCKS.
(Furnished by Van Schalck & Co.. ;:o. 7 Wall - tr«*t.)
Bid. P.i, cA. 810. iRV*,I.
United Railway. 15% 16* Cotton Duck 12% 18%
do im-orn<!_.... 71% — do incomes 83 80*
_-- _ 01% 02 Norf Rv *I* -«. 00 00%
O & V T... 0% 10 „ & Power pf... 40 —
do Incomss.... 87 87« (to 4!is., 05 04
_«o *•«• «1% «2 Ch«s City Ry B-.XOS —
Seaboard ....... 2S 20 Chas Cons El £1. 05% M*
do Ist pref.... — e» Continental Trust — _-»V
do 2d pref 85% 57 Union trust 67 00
5° ** ••- fm, ST Third Nat Bank.. 136 140
do 10-year 6s. 101% 101% Fidelity A De»...lM —
Con M 1.....— — .....— ** Maryland Trust.,l2o IX
<3o «• , I6*V» — ■ . .
RAILROAD AhD OTHER STOCKS.
Shar«u I I Actual sales I— Clcstai?—
fold. { ' (or*n|UU:h|Low.t Fin.l Bid. l Aste,
— '— Adams . Express. - — ~ ~ oj' "fH
2^Aiml2fhalS" 17* 13 Wig »™ I|%
M.300 r Copper.".".' 100% 101% 100% 101* 101* 101 J4
II Am Agr Charn " — • — — — j&* I &
1 do pre» — — — — 1 »J*| «> v
- •Am Beet Sugar — — . — — ■ » 25%
iss WjS&M $& isl §t 11 8
___ l-.rlrim r*O»l — — 1™ 1S? "
2CoASe?Co\tonOll m in ml 32% '»»! 33
1 do pref........ — — — — »JHi «W>4
Amer Dtit Tel.. - - - ~ . j£ JR
Amer Express... — — — — 227 |234 ,
'Am Gr Twine.. — — — — , 2^ £,*
800 Am Hide & U. . 7 714 J „!& ™» '$
5.700 do pref 30 31* 80 31H 81 81%
10.170! Am»r Ice Sec... M 65V4 M 6M»| «% 65^
'Amir Unseed.. — — j — — . fO- *1
13.800 »Am Locomotive 71* 72% 1 71* TO-iJ 2 ,^,; 2*2 *
»do pref — — — — 113 114
«Amer Malting.. — — — , — * I 5
— — 1 •jo pre . — — 1 — — 26H! -<:»
80.500' "Amer Smelting. i 152 153 181* j 153 152% 153
4 'do pref 117 117 117 .117 lIS% U|
Mo nref B — — — — 9VAi w 8
, 'American Snuff — ] — — — 200 ! 240
■__ •,!- Dr .f ■_ I — 102 110
200 Am Steel F v dry.j 11% 11% 11% U%\ MH »]£
, do c ref ....... ! — • — ! — ■ — ' * ii 44^i
'Amor Sugar.... 137% , 13S^ ! 137* 13*% j 13|H , J3V,»
100 »do pref 136 130 ; 136 136 136 138
lAm Tel & Cable — J — I — 1 — L«J ; »2
Am Tel & Tel.. — — I — • — 125 135
A raer Tob pref 101 101 100% 100% , 100% ; 101
3.600! »Amer Woollen. 36% 37% 36V 37H 37V 3.*
. 8001 -do pref 104 104 103* 103% 108% 104
10.600 -Anaconda 252 258* 2M ] 253* , 253% ; 253*
1 Ann Arbor | — i — ■ — | — I■ JO j 40
do pref . — — - j — 170 ;80
- — Asso Mer Ist pf J —J — I — , — 109 111
14.100 Atchison »1% ; 92% 91%! »2% 82' i 82*
200 do pref lOOVt HO^IIOOH ' lf»"«4 , 100* 101
200 Atl Coast Line.., 140 11401 140* 11401 140 140* 140* 141
1 Amer Pneu Serv — — 1 — . — , 30 | 40
do pref — — — i — j7O iSO
11.110 Bait & 0hi0....: 120% '120% 120* ; 180% ,12"% [120%
200 do pref i 02* »2* 92* 82* 02* 93
Boston A L.pf,. : — ; — . — — 110 ; —
19.700 Bklyn Rap Tr..i 77% 78* 77 78 !78 18*
i Bklyn Un Gas.. — — — — jllO 125
ißrunswlck I — — — — "*, 14*
1 Buff R & Pitts, j— ' — — — i 135 ; 145
1 do pref : — — ! — — * HO 180
1 Buff & Sus pref. — — — — 84 j «
100 Beth Steel.. ...i 22 22 122 22 21% j 22
: do pref I — 1 — I — ' — — I ™
'Butterlck C 0... I — 1 — ' — — 42 «
Canada South... — — I — — I 66* 67*
6.000 Canadian Pacific i 164% : 168 164% 166 165% 166
100 do subs 161 161 161 161 — —
CftSO Am Tel — — — — - ¥> 150
2.200 Central Leather. 40 t 40 ' 39* j 39% 39* 39%
20 do pref % ... 102* 102* 102*jlO2* 101% 102*
Central of X J.. — | — — 1 — 225 230
2.400 Qhes & 0hi0.... 57* 53 B7* 58 ' 53* 58*
Ch & E 111 pref. — — — — ' — 150
Chic Bur & Qy. — — — — 200 —
100 Chic Gt West... 18 18 18 IS IB 18%
: do pref A — — ! — — j74 76
900 do pref B 26*1 26*! 2P. 26* 2«% 2«*
do deb _]._]_ — 81 83
- jCh Ind & L pref — — I — — 80 91
10.900 Chi* Mil & St PI ISO* 181% ISO* 180% I*)% »«*%
do pref ; — I - — — 190*105
840 Chic & North w. 200 202 !20l> 202 200 201
Ch St P M & O — — — — 170 175
! do pref — — — ! — 176 1M
Chic Term Tr. .. 13 13 13 13 13 13*
: do pref — _____ I 2» 29
100! Chic Union Trac 4H 4% 4% 4%; 4 4%
400 do pref. 13 I 13* 13 13*' 12 13
4OOjCCC&StLexd2%) 93 i 03% ©3 93% 93* 03%
1001 do pref 113* 113* 113* 113* 113* 114
Clev Lor & Wh. — — —1 — 90 97*
do pref I — — — 1 — 105 114%
IClev & Pitts — — — I — 174 —
20.500 i Col Fuel & Iron 63% 55 63* 65 54% 55
19.600 Col & Southern. 35 37 35 37 36% 37
1,620 do Ist pref ... 70 70% 70 70H 70 | 70*
4.000 do 2d pref 51 52% 51 62%! 52% »2%
Col & H C & It — — — — 18% 20
Consol Coal — — — — 70 —
11.496 Consol Gas 134 139 133* 133* 138* 138*
Corn Prod Ref.. — — — — 20% 20*
640 do pref I 78* 78* 78 78 77* 79*
600jDel & Hudson.. 220 220 218% 21«% 218* 220
— - Del Lack ft W. — — — — 500 540
1.4001 Deny & Rio Gr. 43* 43% 43* 43% 43 43*
do pref — — — — 85 86
)Des M& Ft _>. - — — — 15 25
Detroit South .... — — — — 7 1O
do pref — — — — 25 85
iDet United R R — — — — 92 93%
800 'Wet Securities. 69% 69% 50% 59% 59%! 60=4
800!«Dul 60 & Atl 17* IS 17* 18 17 ! 17*
1.300 -do pref 36 38 38 33 35 136
Eleo Stor Bat... — — — — — 86
8.100 Erie 42% 43* 42* 43 43 43%
210 do Ist pref 78% 79 78% 79 79 79*
do 2d pref ______ 70% 70%
Evana & T H... — — — — -63 70
do pref .;.... — — — — 8S 95
100 Federal M _ 3.. 165* 165* 165* 16T>* 165 170
200 do pref 95%! «5% 95% 95%, 95* 9«
«Ft W& D City — — — — 100 —
Gen Chemical... — — — — 7© 79
do pref _____ 102 104%
800 i General Electric 166* 197 105 167 166% 167*
1.500 Gt Northern pf . 296 203 295«J 295% 29?? i 2".>6
Havana Eleo Ry — — — — 47 48
- do pr«f — — — — — 89
Hocking Valley. — — — — 125 130
200 do pref 95 85 85 95 94* 93*
Homestak. — — — — 62* 83*
800 Illinois Central.. 176* 178% 176* 178% 177% 178*
1 do Leased L... — — — — 101 —
200 lint Paper 19* 19* 19% 19* 16* 19%
800 do pref 84* 84* 64 84 63% 84
*Int Power — — — — 48 60
— — Int Steam Pump — — — — 44 45%
do pref... ______ 83* 85
400 lowa Central.... 26% 28% 26* 26% 26* 27
600 do pref 51 51* 51 91* 91* 52
100 Int-Met 37% 37% 37% 37% 37% 88
100 do prer 76% 76%. 76% 76% 77* 7S
300 Kana & Mich... 60 69 69 69 [68 70
400 Kan City South. 25* 27 25% 2ti* 2fi* 26%
£00 do pref 6H. 6. Mi! 55 < 54% 55
KCFS&Mpf— — — — 60 81
Keok & D-0 M. — — — — 10 13
! do pref — — — — 40 60
eOOJKnlck Ice of Ch Ba% 60* 69% 60* GO* f*H_
1 do pref — — — — 75 77
— — L*ol«d« Gaa _____ 105
do pref — — — — 85 110
100: L E & Western. 35 35 _ 85 32* 35
. do pref — — • — — 80 90
Long Island — — — — 60 70
1.600 i Louis & Nash... 143 143* 143 143* 143% 143?;
—— Manhat Beach.. — — — — 7 10
165 Manhattan .147%! 147% 147% 147% 147 1-0
•i Md Coal pref.... — j — — — 90 —
'Met Street Ry. — ' — — — 102% 103
1.500 1 Mexican Central 20%! 20% 20* 20% 20% 21
Michigan Cent. — — — — 175 200
Minn & St L — — — — 63 67
do pref — — — — 80 82£
800 MStP& BS — 163 163 152% 152* 152% 164
800 do pref 170 171% 170 .171% 171% 174
4.100 Mo Kan & Tax. 33% 84* 33% 34* 84* 34%
1.500 do r-f !«8 «S% 68 6«% 6H% 68%
1.000 1 Missouri Pacific. 93* 93% I 93%) 93* 93 94
1 Nash & Chat.... — . — — — 138 142
8,300 »Nat Biscuit.... 67 63% 67 68% 68* 65%
i «do pref — — — — 117 118
Nat Enam is St — — | — — 16* 17%
do prof — — — — 84 86
0.000 •National Lead. 79* SO*. 79 79»; 79% 00%
»do pref. — — — — 101% 103*
N URofMpX. — — — — 3SU 38*
1 .do 24 praf. — — — — 20 20%
Now Cent Coal. — — — — 35 45
400 »N T Air Brake 142 142 141 142 141 144
900 N T Central.... 136% 137 136* 137 137* 137&
Si« 1 X7Ch& St L. «6* ! 66% tkHi 66% 66* «7
J do let pref — — — — 114 117
■ do 2d pref — — — — .67 88
N V Dock — — — — 81 42
do pref — — — — 80 63
*N &N J Tel — — — — 128 135
21 N V NH& H. 196 196 105 195 193* 19-*
400 N V Ont ft W. . 47* 47* 47* 47* 47* 47%
700 i Norfolk & West. 90 00* 00 90 90 90%
1 do pref — — — — 91* 92%
800 North American 96 95% 05 95% 05% 96
3.300 Northern Pacific 204 2i>l* 203 203* 205% 204 >
Ontario Silver... — — — — 3* 8%
Pacific Coast — — — — — 130 132
1 do Ist pref — — — — 100 103
do 2d pref — — — — 130 134
300 Pacific Mall 3.1 35 85 35 35 85%
11.300 Perm R R 129% 130* 121)% 130* 130 130%
! Peoria & Kast.. I — — — — 42 43
700!Peo Gas & Coke 92* 92* 92* 92* 9a* 92*
Plttsburg Coal.. — — — — 15% 15*
do pref — — — — 62 66
PCCAStL. . - — — — 60 62
do pref — — — — 103 108
P Ft W _.- Chic — — — — 174 —
1 do special — — — — 172 —
1.350 Pressed Stl Car. 60 50% 40% 60% 50* 60*
Pull PCod2%— — — — 22S 240
Quloksllver — — — — 'l* 2
1 do pref — — — — 8* 4*
— — IR R Securities.. — — — — 90 03%
100 »Ry Stl Spring.. 63 53 63 53 63* 64
*do oref — — — — OS* 100',:
80.600 Reading ....:.. ISO* 131% 129% 131'; 131* 131%
100 do Ist pref 92 _ 92 92 92* 93
do 2d pref — — — — co 05
Rens & Sara — — — — 20© —
1.000 »Rep Iron & Stl. 28% 29 2S«- 28% 28% 29
500 «do cref 09% 90% 99 99* W j 98*
4.4110 i Rock Island 2.1* 25%: 25% 25% ' 36% 25%
650 do pref S3 64 63 €3% 63% 63%
■ Rome W. & Ogd. — — — — 130 134
) Rutland RRpf — — — — 61 62
iSt Jos ft G4 1 . . — — — — — 27
] do Ist pref ... — — — — 161
. do 2d pref — — — — — 49
'St L&S P Ist pf — — — — 64 71
100 j do 2d pref. ...j 42*! 43* 43* | 43* 43* 46*
do C& E I cts — I — — ! — ._ 187
do rref — 1 — — i — 120 135
. St Louis South wi — I — — , — -22 ' 23
100, do pref 53 :63 53 '53 5"% 53
1,400 Sloss-Sh St & Ir 74* 75% 74* 73% 75* "'"> ■
do pref !— J — I — — 106 115
122.500 Southern Pacific 1 "3% 74*1 73% 74 1 -' 74% 74*
800 do pref 117% 117* 117* 117* 117% 117%
5.100 Southern R R... 36% 30% 1 35% 3>!\ 36% 3tVi
COO! do pref 'OS 98% 98 1 98% OS* 99
Term Coal & Ir. 166 i,-,« 156 ir..; *155 " ' 156
600 Texas & Pacific. 32% 82% I 32% 32 V 32 7 » 33
do Land Trust — — ; — — 77 ! M>
— — Third Aye RR. : — — — — 124 126
Tol Peo & West — — — __ 17 20*
Tol Ry & Light — — — — 32U 83U
Tol St L& W. — — — _ _7i2 2S*
1001 do pref.. 47* 47* 47* 47* 47 47*
Twin City R Trl — — — — 112*; 113*
'Union Bag &P — — _ — 7* 9*
— — 'do pref....... j — ! — — — 70 72
78.800 Union Pacific. .. 131 15_% 151 132% 152% 152 7
do pref j — ; — — — 03 95
100 Un Ry Invest... 58 !53 58 !68 | 67* 68
do pref — I — — — !70 -m
700 •_" 6clp ft F 48% 43 4S*i 49 l 48* 49
— — !.. 'do pref — I — — — f92 03
iy», 9 o Express.... — i — — — 1123 129
— — »U S Leather... — I — — _ 0 113
»do pref — I — — — 103". 'lie
200 BBy ft Imp. 77*1 77* 77 !77 177 '7»
100 ?U S Red & Ref! 37* 37* 37* 37*1 37 38
, 'do pref i —:_]_]_ 75 7«
425, U 8 Rubber 43* 44 43* 43% 43* 44
100 do Pref... 106% ' 106% 106% ' 106% ' 107 ' 108
— — do 24 pref. — — — ' — ' 77H «■<>
70.800 U 6 Steel. 80% 40 39* 40 39% 40
17.410 do pr«f 10«% 107 106* 107 lufi% 107
— Vandalla R R. .. — — — — 65 05
Va-Caro Chera.. — — — — 8 «i 87U
do »re« .....*.. — — — — 107103*
■ Va Iron Cft C. — — — — 41 41T1
- »Vulo Petlnning. — — _ _ ft * Jo"
— — *do prof I — — — _ sgiT m
210 West Maryland. 88* 36* 86* 86% 87 aa
_00W_b_«h 10% 20 10% 20^ 19% 20
- do pref — — — — 4j 47»_
- Wells Fargo Ex. — — — _ 300 3f<V
— — West Union Tel — — _ _. aiit V"
Westtngh _i:g... — — _ __ IW'" U5
- do Ist pref. ... — — — -_ i'vv
COO Wheel ft _ E... 13 IS% 13 18% 18% 18%
do let pref.... — — — — ' •»> 41
100 do _ prel 24 24 34 24 _% - 4
100, WlagoiMln Cent. 25% 25% 25* 25»; 24% "_
• do prat... —■._,-, __ 4a ' fjO -
702.701 TuUl "•**. (or th_ __y. •t.'_ii»v»_, • \. '
CONSOLIDATED EXCHANGE SALES
stocks. ,
■sal ii l tri aaMg-ia-!a aMg-ia-!
»._»_2_«_"!..:: >»! & igj| ig%
SS Am Ice & W SI "H g
I.o?OA_?l>ScomouVe..: JIH £S> $$ W
f.7CO Am Smelttns .... 132*? 153H S-S ■ _Sfi
fS B 11 •II
»!&s«_ F 6_i &C m «
*S§S«. T ::::::: igg.# igj &
20Ch Gt West ' gg If 4, W4; »4
20 Ch Gt West l*Ji If}* ,J*2 ,Jf y *
1.170CH Mil *St F... »•% JSJ4,
4.6«0C0i Fuel , M' 4 Ss4| 534, »
T^?t v::::::: W ««| •§*
■«__w__*iE:: _?§ g* |5 $*
1 ir T I «__. :: : : .:: PJ £« 1| >!
10 N V Ont * West? 474 % 474 4.^
{g:^^i & .^: J || J|
300 i Pennsylvania ....I l»*s 130 V* irJH ia>*
SrtiPeoFle-s Gas IV\ »2H «W» H
;• 40^1^^151 Car.... ,50,1 »H! 6ft 6ov»
10.720| Reading -&>£ 131 V 120% l|»Jj
20'Keo S'.eel 2SSI 2ST» 2S J» ij,*
540'Ro?k islani 23H| 23H 25 i| 254
6.Boo;3cuth Pac j 73% 744, •»■__«. l J*£
450 So Railway « 36J4 SbS 3«4 36^
10lTex»s * Paa 324, 324 324 B.^
lO.tt7ojUnlon Pae I*l ' 132T» 131 -»/•
lCSflft I' S Stsel , .394 4O 39 i 40
1.000 1 do pref 106*1 107 i *** ***
81.170 Total sales. i
MINING.
Shares! I Open- 1 High- ! Ifj- j M
sold, I I ing. I eat. I «a*- I tale.
300! Con Cal AVa i .84 j M f .84 j -84
400 Jim Butler ! 1.17 I" }•« .} i '
Mohawk I 17rt '1 JO I.TO 1..0
•>Aa Onhlr 855 3.60 5.65 3. 60
%f%nS»j»'E«':::.:f l*™\ &.g2h s,«g^ *.<&>*
1.400 Tctal sales. ___________
WHEAT.
Sales. ( I Open- t High- I Urm- } _wt
bush. I 1 Ing. ) eat. ! eat. I »*!*•
275.000! September option. | 74\! 74*4 1 7- I 1V&
WALL STREET AND EXCHANGES
FOREIGN TRADING.— Foreign bouses dealt In
30,000 shares In the local market, celling 20,000. In
London activity In Russian bonds was reduced, as
the news from Russia Indicated at least a tem
porary calm. Consols were slightly lower, while
the South African Issues were again strong. There
were no changes of importance In the foreign dis
count markets.
JULY'S BOND MARKET FEATURE.— Fisk &
Robinson. In their monthly bulletin, say:
The, sale by the government of £».C X>,C<» 2 per
cent thirty-year Panama Canal bonds was the
feature of . the month. Probably there has never
been a national bond offering which received such
careful personal attention from the Secretary of
the Treasury, and every proper resource of that
department was utilized to secure the best pos
sible prices. To avoid a money stringency Inci
dent to payment for the bonds, the Secretary an
nounced that all purchasing banks would be per
mitted to retain one-third of the purchase money
as government deposits. This also had a stimulat
ing effect on the prices bid for the bonds. The
average price realized was approximately 104. while
the subscriptions of the 2 OTf> bidders aggregated
about $445,0j0,C-:o. or nearly fifteen times greater
than the offering— a splendid tribute to the gov
ernment's financial strength. The success of the
Panama bond sale was such as to call forth a
special letter of "congratulation from the President
to the Secretary of th« Treasury. The bidding
presented some unusual features. There was not
only a wide range In the bids, but among the
successful bidders national banks were very
sparsely represented. This was largely due to a
misconception of the real character of the bonds.
From the fact that the government has the privi
lege of redeeming these bonds in ten years, it was
considered by many bankers to be a 10-year bond,
and they bid on that basis. Such reasoning would
have been sound had It been a high interest bear-
Ing bond which It would be desirable to refund.
but as it would be practically Impossible to redeem
these bonds at a lower rate than 2 per cent, and
as It Is entirely probable that the government for
years to come will have other uses for Its surplus
revenue than Investing It In 2 per cent bonds.
there Is no tenable ground for considering- this
security as other than a 80-year bond. Even If the
much needed currency legislation is secured, It
could hardly be of a character which would affect
the value of 2 per cent bonds as a basis for circu
lation.
HOCKING VALLEY.—The plan of the Hocking
Valley Railway Company to retire the preferred
stock with a bond Issue has been matured and Is
practically ready for an announcement. It Is ex
pected that the company will shortly call the pre
ferred stock for retirement at par. The funds for
this purpose will be raised through a bond Issues,
and It Is the expectation la banking circles that
simultaneously with the calling' of the preferred the
company's bankers will make an offer to the pre
ferred stockholders to exchange, the company's
bonds for the called stock. The fact that tha com
pany has the unqualified right to call the preferred
stock at 100 will make It unnecessary for the bank
ers to offer a high price In bonds for It. notwith
standing that It shares pro rats, with the common
all dividend disbursements la excess of 4 per cant.
COPPER SlTtTATlOl*.— _ocal copper people, al
though reporting a better demand from domestic
consumers of copper, have not hooked orders for
the last three months of the year In any great
amount. It Is the opinion In several quarters that,
with the probable rush for the metal within a few
weeks, prices may go slightly higher, and one con
servative producer would not be surprised to see
lake copper selling at 19 cents before December 31.
PIG IRON CERTIFICATES.— Iron certificates
at the New York Produce Exchange were dull and
generally a shade lower. There were no sales.
Quotations for regular on the call follow: Cash and
July. SIS 50 bid: August, $16 80 bid; September. O«90
bid; October. 5T7051715; November. [email protected]
Prices for standard foundry follow: July. $17 28 bid;
August and September, $17 [email protected]$18; October and No
vember, $17 [email protected]: December. $17€[email protected]
IRON SITUATION.— The buying of pig Iron over
the last several weeks has created a pronounced
scarcity in the. West as well as the South. The
Tennessee Coal and Iron Company, which has been
making enormous sales, Is now practically out of
the market as a seller of high grade Iron. In New
York, it Is said. It would be difficult to buy South
ern foundry Iron No. 2 under $13 a ton. Bar iron
and steel bars are also firm. Thereis still talk of
a possible advance In iron bars
MONEY FROM SAN FRANCISCO— The local
Bub-Treasury paid to banks yesterday $215.0«> on
telegraphic transfer from San Francisco.
VICTOR FUEL COMPANY'S YEAR.
The Victor Fuel Company reports for June:
• 1906. 1900. Chanres
Gross earnings $U*>.Ss7 5135.330 Inc. «54«V7
Operating expenses .. 10i».l£>T 122.&13 Inc. S6."3>i
Net earring* £31.690 $13,117 Inc." «18.57J»
Other Income 10.78S 8.231 Inc. «*£•?
Total income (12.439 $21,398 Inc. "^2l 060
Interest and taxes... ©.033 0,«13 Inc. 370
Balance $32,475 $11,783 Inc. $20 690
S. Fs.. dep. etc 10,157 7.703 lno. 2.5«
Fiscal* ar : $&!U8 $3,903 Ina. 513.33
Gross earnings $2:187.287 $1.6#2.2&7 Ino.S(C3.COO
Operating expenses . . 1.702.543 1.332.071 Ino. 350!474
Net earnings 194.742 $210,216 Ina r".j
Other income 107.571 97.521 Inc. 8^730
Total. income $092,318 $30S.0B? 1n0.5254.2?a
Interest and taxes.... 113.683 103.0*13 Ino. loloso
Balance $47&630 $3M.374 1n0.5274.25«
S. Fs.. dep.. etc 114.057 67.-177 lno. 88.380
Surplus $384,373 $116,867 1n0.52a7.«M
The showing both for the month and the year Is
the beat the company has made, the Increase In
gross earnings for the month being $54,957 and the
surplus, after all deductions, shows an Increase of
$18,323. The total Income for the month Is more
than four times the proportion of Interest and taxes
for the month, while for the year the total Income
Is considerably more than four and a half times
the total annual Interest charges and taxes.
Total coal mined Id June was 141,703 tons, an In
crease of 38,04$ tons over June. 1906. Total coke
produced In June was 5.433 tons, a decrease of 1.575
tons over June. IMS.
Total coal mined for twelve months ending June
£0 last. I.M&,JS> tons, an Increase of 423.230 over 19G5.
Total coke produced for twelve months ending June
$0 last. 98.449 ton a, an Increase of 15.583 tons over
iaa.
CURB MARKET TRADING
There was a con3tdero.'bld contraction In the vol
ume of dealings In outsMe securities, and prices de
veloped mere or less Irregularity through the ses
sion. The fluctuations, however, for the most part
were comparatively small. Considerable strength
was shewn In a few of the mining shares, although
the MtaMMsJ list was without feature. Butte
Coalition, Utah L\ni>«r . and Boston were a i-.., : . ti
•vad uUvk Or**n« Consolidated vu la f-ntA d*
Cn* was decidedly inner. T«ep,- Er:, rt^*
was steady. A-serlean Can toeqea we-, _z__. v? 5
Inactive. Havana Tobacco. after a lew c_ a s*"".'
leeo^rerea substantially. Marine *•.•—.. "^
firm. Maekay shares were slightly iow« y. *
hat tan Transit was decidedly firmer, _ v o^'
Altis-Cbalxcars new is, when issued, were 4esk?
for the first time at a fractional l__3rove_i«_-~
rlna 4}__ were firm.
ACTIVE CURB STOCKS.
INDUSTRIAL.
t-M- 1 I faS- I ft. / »_u f 2j
625! American Can. .7l | *I\fc; 7*l «Z "_T
10: American Chicle.. f 181 •« »!>* |*i^ .«ti
Amer U«r pf..... 2 2 » ' •*• »
V*> Amer Wilt F | 3% 3^ i* -
100 do pf 2i i 24 «.f 5 ,*»
_.st^>;Bay State Gas.... , 11-32 H- n_r. I
I«>,G B 9 Brewinc... »%•»>? (J3 Z&
(■TO. Havana Tobacco.. 2OV 21%; _S _.
125 Houston Oil pf.... 41 •1 4. * ?"*
200 <l> trust recpt». .1 7 1 7 -
4W>;int Mer Mar pf... tT% " _ j»« : A
208 j Lord A Taylor.... 121 123 «m« m A ■
«3! do pf j 1021s, 108%' iu»-< It
«sO_lackayComp__ies' 74*% 74%; 7"v ■
250 do pf .;.. > 7_ 7 %: 73 ! T« 9
_;«■»"> Manhat Transit... 3 »v ?•' •*.
BtiO'X YEI St* Bat..! 4% 4% *?• f>
10 Pi'tsburs; Brew...; 31 \ 513s' tl\ si
80»,Taj_meter & ft ! g ■ *•»
600 In CUar Mfs; ?f. I 4&%| 48 [ «_•<
A LftOAQ.
! Ehare»! J Open- ; HizV ] I_w_ ; £7
*oM- I I — «- I — t. [«. J t_T
eoOiChtcae- Bttbw%y."7i 464: 41 I 4Vi " _~:
25, Crip. C> On pi...) 73 | 73 n !»»
B.Xor 3eo stubs.... j _37Vsf 2_7Hf _:-, ' a:<
MINING.
Shares! I Open- ! High- I Zm. J H.""
■old. . I Ins. I -- { en. 1 ii"
40f> Alena Mlnins; 1% J%! I*l _:
SOB B.r.sfham Cen 1% I%' 1* "i
1.2"»» Boston Oc.pp.ir ...I Vt _a^ 23*4 ■
100 rtrit Colum Cbß.-.l 7%. 7% 7* *^'
3.!«" Butte Coalition wlf 81V* I _»»' _wf »-'
, SHI Butta & London.. 2V 2% 2*Z' «
' l.M)o,a«ar Cf & T_a 3V S% ! fv' »
I.4<*<oCcbalt Contact _> v 5 V
X2OO Cum-Eay Mining..' T%. 7% t2» 71
v*> n t. u-Daly e« w : if>4 i,->-, jftjr; JJ
So rv-arnont-Halael It] 5 I B T; j 1
-f-tiDoKvres Ltd ' <>«j »%' *v »%
100: Dominion Cop new 1 3 1 3 I a ■ "
<".'•> El Ray". Minlr.g. . ! SV> 3% 3% ;•■
3.looiFour Aces I •_ ' _ i *: i _T
!•><« Furnace CTe«k Cop 24 24 "■* 4*
SOOJGtroux Mining 7% 7%' TV M
2..V* Gold Hill ; 27i2 7 i- 2% r%( *t
150 i Granby Ctofisol ■ •11%! UV tl% .?-*
3.2<;O! Greene- Con Clop.. I 21 Si 22V _1S ! »C
_ay" Greene Gold-Silver: 1\ •!%; I%' ~\r
. Guanajuato Consol! 8%! 5% $4 e4
1.400 Mlcmac CoM Mln.! 5%, I*,1 *, •% i» ?
3.2f»> 1 Mines Co of Amir tl 20 i 1 23 S.-XJMiS_n
l/»1O< Mines Secnrtties. . 7-32 7-32 7-3* -"_»_
2.<**> Mitchell Mtnine.-.i 44 1 44 414 4>,"4 >,"
500 Mont-Shoshone ... 11%: 12?41 lift C;
I.C-iO Nevada. Con Cop.. | ISH l»\\ 13% ij»
SCO} Vev S 4 _It» Corp : 21.2 1 . 24 1 J%( 2%
4.000 N'ev-Utah M&3. j 4 4 ! i 4 i 4
6.5C-V Niplssing Mines Co »S. *%l _';! B>i
200; Tenn Copper 0a...! •«> 4» { eSftv, ; -,*
BvlOOiTonopah Ext*A... 8H Bf»| CXI 6*
1 Ton Mln of Xev. . j X»% l&H, X»H »>*
fiOO Richmond Eureka 7\ 7^4, 7\ ! 7.
Sfift' Union Copper Co.! 11.I 1 . 14' 1% ii
1.800 L'nlt«d Copper... I —4; «3% CXI Ci
I.ott>! United Mines Corp.] «.» «2 #s> m
1.000 Utah C&pper j 274 »H 27H 5%
2rt>;Wh Knob Cop. pf.f 9tk 24 2': ;\
10w!"\VhKman Mining..] 14 IS IV»J I*
MM
I I Open- I High- I _n»- I _«"
Sale*. I 1 ins-. 1 est. I «■_ f __,
S30.00O!Al-Ch 8s * Int —1; 804 8*)%! 804; W%
(».f«10 OB S Bwe 3d 5«. 37", S;\ ST* tTI
25.000 Int Mer Ma*- 44e. I 7H% 76*. 745. T*l
80.000 XYNH±H34j2»-tP 111 111 I Ml 111
4.000 WElsj-*t« mil l»7 i«7 i 0; 1:
'Odd lots. tSells cents per snare.
CLOSING CURB QUOTATIONS.
(Tarnished by 'William C Nichols & Co.. :»*<_ 13 77 1 3 SL>
Bid Aa-ed.! «v ....
American Can.. 7'-j 7% Granby Copper... 11% 12
do pref Eft 57 ; Havana, Tobacco. 20% 8%
Am D* F com.. 97 105 do pref 33 4*
do combined.. 3 34 i Inter _er M__»*Ni 11
Am Tobacco S4O 960 I do pref 27 2T4
Bay Stata Gas.. % 4 Int Sliver de.C.. 9» «
Borden's C M...170 ISO [Lord _, Taylor.. I«J
do pref 113 113 do pref _» 1»
Boston C Copper 2614 27 f Maekay T« 7*l
Brit Col Copper. 74 7% — pref RJt TS*
Central Foundry 4 54!— * B Cobs.— % %
do pref 16 20 Nevada Ccn*. 18% »%
Chic Subway 4S* 4tt *VY Trans...— « I
Copper Sec _, 33 33 Otis Elevator ... 47 ■§
Con Refrt*. » 54 1 dopref ~ X Xt .
Dem Copper.... hi, %! Royal Bait Pow_.lT"> 19
Electric 80at... IS 20 do pref 10* li
do pref 65 TO Term Cepper.— .. OH *•
Electric Vehicle. 12 1« Union Copper..-. 1% H
do pref 18 SO United Ccppar._. — % d
Gold Hill Cop... 2% 3 1 do pref 83 »
Greene Con Cop. 22%, 224 Utah Copper... . — _ Si
Greene Con Go™ 2% 2H ! W X Copper •* J»
Greene SUver... 1% IT4I «o pref *• 8*
INACTIVE CURB STOCKS.
(Furnished by William E. :;i__ol9 4 Co.. Ko. IS W_ at)
Bli_*ed.j ■! __1
Am Brass., 115 119 ' Inter Ele»mtla«.. 7» •
Am Chicle 175 ISO Inter Salt STi •»
do pref 103 10- do 3s — •
_La E Co. 20 SO Iron Steamboat. . » *
do pref TO «> J B Stetson 2» —
Am Pres* Asso. »1 10* do pref -*■» —
Am Seh Fumlt. 3 3 Lans Monotype... 14 J
do 6s TO 80 P Bess *_• E... »» I
Am Soda I 3 Pop« Manfr » •
do Ist pref 4? 88 do Ist pref €5 ->
do 2d pref 4 » i do 24 fere* » ?•
Am Thread pf.. 3 41,4 1 , Pratt & Whit Vt.W S3
Am Typefdra'... Si S-S Procter A Gaa-.aTS »ij
do pref 96 88 do pref ...*• g
Am Writ F pf^. 23 25 j Safety CH A _-!_*. _-
do 5s 95 86 Securities Co _»- ♦«*
Celluloid 134 142 ! Simp Craw C 0... 21 •
Cent Firework*. 13 19 I Slr.gw M^ Co.-X» I-T
do pref 68 71 [ Stand Counler.... 4* <•
Cheacbroufh ...440 4*O I Stand Mill Co.— * Jl" t
Con Rub Tire 4* 25*4 28% do pref - » y
Den V W Co pi. 83 «7 do 5s ™ i*
do Ss 10i>^ 101*4 Trenton Pottery- » _
B_tern S 8 •» — do pref —_? ?»
£TV BUss Co. 140 145 do ctfs. «J ■•
do nref 13» 140 Trow Dtreclory.. 4i ■
do «5....:....H)S I» Un B*r._ 5T Cos*. £ •
Empire Steel 5 8 do vrmT^^..-. *» 2
do pref 35 41 Un Typewriter... •! ,_i
©orham oref l*» ISS do Ist pref «•> I
Hall Signal Vn& W2H do 2d pref V* ■
H B Claflln 10» 113 "TT 9 Envelop*.... £•» r
do pref ■••• i --,« M
Hemston OIL « 8 Worth -— -3 »*• •"■' -'
do pref 35 45 !
m
NEW YORK AND OTHER GAS SECURITIES
(Furnished by William E. Nichols A Co.. -!-. — * *
Bid. Asked. «___?■ * * 1
Am Lt aTr 11« 11* IJ»T_» »IS _-*« —
do pref 88*4 JOOfc con 5a Wj {;',
Cent U Gas Ss.-lOO"-. 103 \sl Am Con 85....-VJ «H
Col Gas Co Si.. t»2 M:N H 3 stock.... j; 2
DO £ Ist C Oa. 00 92 NY4 Q E -_-? -^ I
do stock 56 84 ! do pr«f....— ™ „
Eg Ist Con 55.. 114 IIS (NT* Rica » *;
Ft W Gas Co 6s 41 45 ; Nor I* Ist 5»....tM _
GRQLCo 3s»101 108 I Ohio &I «3 _••— * 1
Ind Gas 5s 100 108 do bt->c*b '"> ,J
do stock 67 72 Syracuse 5s »~ «
LftWWOfc.JJ 4O StJoaOSs ••• «
Mutual Co 210 340 St Paul Gas Bs.. «• »*
N T *N E Rlvc-r Wr Jtc_ Lt« _...»•• tJ
do Ist 5s 1944.103 107
•And interest.
FERRY COMPANIES.
Bid Asked I B_ J< ;'-
Bklyn F stock.. 1 3 ST4SrCJ».I«< *„
Hob Fer Ist 3s. MB llrt 110*23 SF Hn«s*9» I."
So stock «B 100 INT& NJ I mg9» » I
»TA ER F stk «5 7O tVF of XT4B sU - » *J
BOSTON CURB MARKET.
<Heporte_ by J. Thomaa Relnhardt. So. 18 Wai:
New York, and No. Id Exchange -•_»_. BC3SE-I
_ . " (Open. ■ Blz_-t I*7-} "*£
-hares 1 ( tag. ] *_. I — L I __.
90OiArla Commercl_, . J «_V_! 36% » »*• I
KJSlAato Fbrc« 10 1 * -*^i,» > a * v
US B_ek Mountain... II 1 . 11* U 5
100 Bay Stata Gas IT 17 -£ *-
Butt. & Ijondon. . 3 i 4 _r_ «•»
lf»>iCopp_r S*curtti»3. &S\ ZJ.% $-*♦ r.
40i» Pavia-Daly -<M_ 11 -^ L
atwl Pom ilia * S_.. 6O •»•_.«
2»».E_st Butt*. .. 10 10% ** 1
450 Helvetia 3% 3* * U
20<> Kecw«e_vw &<* »=4 ?* 1,
»25 Majestlo Copper... V* IH. »* f
2i>u Mexico M» » £% «
100 shanmut C-nsol.. C 5 •» ."■
lflO! Superior Copper... 12 13 «} '„
6,800 Santa Ysab-_ 13 _ #+ % &
S0(» Troy Manhattan.. 1H ii 1 * > t-iS l•*
135 Utah Apex. B?_ 5% _^ •*
300 Utah Copper £7 »>» * '--;
ICoNITiUa Kn->b pf.... 2H 2»» 3% B
000 ilicmao Minlns... £.:. 6* **» 1
£90 'Nevada-Utah 4 * **■ 5
arofOro Maximo ft 3 • «
7,7*1 Ravan 8* IPO «*; ,-;
I.B6OiSup. A Pitt* 17H 17% -' ■» __
CHICAGO STOCKS,
Bid Aas_.J ? **£*
A Booth 4 Co.. ss — Met Ws El pt- • •"• *~i
do pref 110 lit 'National Biscuit. fj,. i
American Can.. 7* r% do prsf *£;? V
do prof 58% M% National Carton. SJ* ,3
Am Radiator... .US ■ 121 t do pre* *s* "■»
do pr«t ISO 133 ! North Ohio St ■» »- I
American Ship.."*» 4 — North w 13 —J: ' «f
do pref 107* — ! do pref ••' £
Canal & Dock.. 87 83 Quaker Oata.--.-3 i.4
Chic City Ry.. I** 17* ' do prsf. ■_• ••-!•: 1
Chiracs Edison. 129 I*o ! South SlA* E_.... » >,
Chlo * O P El. • «•-; St. V 7 C I*- J
do pref _<> 2S t do pref .....— •-,.- '«*
Chlo Pn«u Tool. 51 £3 , Subway Jr.* »■
Chic Till* ATr 10T 10* I swift * CO. .-• • -** w »
Diamond Match*lSM4 — JUn Box- * *•-?•• *> $>,
Illinois Brick pf 45 47 Ido awl S]
X CRy * I*. .•SHH. — ] Western _-_-..-**•» •£,+
•do pref «*„ «*% Telephone ~v/ ' *>
Itet S El 27 » I West C-Jea .?»•.•• -*
COND& '£:
Consum Oa* 9*«l(ft* — I PeopWs Oaa ■a-^': W*»
I. St l»t mit «... S» Sou Site El -»*'^V» --
Mm Gold 4*.:... wi tttii w Cblo l»t -«.« ;*• #
to Kxten 4*. .. SS 8IV» do Cos* _.-■•- *> a
Tunnel -S3 — ITooJ "^
Northw __... ' ftttfe M i

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