New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-10-26
WHEAT,
WALL STREET AND EXCHANGES

FOREIGN TRADING.-The London market was
closed and foreign houses were not active in the
local market.
CALLS on INDUsTRIALs An offer IS made
IN the advertising columns by Jacob Rubino tor
ninety day calls for which he will paw IL per
cent In go or 100 share lots. Rock Island pre-
ferred the United States Steel shares American
Car and Foundry common and preferred Pressed
Steel Car American Grass Irvine and lnterna-
tional Steam Pump are the stocks included These
shares are all worth more than their current mar
ket quotations. Rock Island preferred closed on
the curb al S3Ts1S4. and as the stock Will When
issued received per cent dividends, with an
ultimate rate OF per cent and carry conuo' OF
the property. IT'S future price will DOUBTLESS Sc"
much higher III Rubino said yesterday that. IN
his opinion Rock Island preferred was ntrinscal!y
more valuable than Union Pacific preferred and
worth par. at least ,
WESTINGHOUSE ELECTRIC MANCFACIIk-
INC;-The Stock Exchange committee on se0N''
ties rules that certificates for asserting stocA anu
preferred stock Of tho Westinghouse Electric anu
>f,,uf,c,uring Company. issued either in New"
work registered by the Mercantile Trust com
panv or IN Boston registered by the boston -
Deposit sndSTrust Company. or In F','sp1's
-s-tztsred hv the Fidelity Title and Trust com
- Aeifverv Certificates heretofore IS
49, d., r2oston Piftsburg and New-York will De
a delivery until further notice,
7-rE. COTTON MOVEMENT According 70 ne
Financial Chronicle the total receipts ol Co''oH
week ending october "a tedCIeu o.'o'' e'--
,,.i,et All 221 last week and @S2o the previous
-, making the total receipts since september /
200 a5a .a5 bales against 165ds22 for the same
,r,od ~ 1901. showing an increase since Septern-
ber l. 1902 OF 3ol 423 bales . -
MISSOURI PACIFICs BUSINESS INCFEA9-
ING An officer Of the Missouri PACING railway
or,ra,v saws that the road is over the temporary
mn in business that occurred in August ana sep
,e,,nsr owing 20 the failure OF last years corn
-oo Traffic has been Increasing steadily for some
,,r,c and # is going 20 keep on doing 50 rom
This time forward. Earnings this year VIII Ne
much heavier than last.
RANK CLEARINGS.-Th total bank c!earlnss
~ all the clearing houses Of the United States FOR
,be week ending October . were &ifi.'1---'+-
against 80 sos 5lO527 in the preceding week ana
a. osS ~, $32 the corresponding week last wear
COLD STORAGE CONSOLIDATION-Neg
tIors have been completed by which the American
cold Storage Company will take over control OF
rho SOUTHAMPTON Cold Storage Company, The
American shipping interests will have representa-
ton I'm the board
SALE OF EXCHANGE SEATS.-The price OF a
seat on the New-York Coffee Exchange has reached
500 a sale was reported yesterday at that ng-
ure 10 the Stock Exchange firm OF c / Hudson
4 co which already owned one seat on the Cofee
EXCHANGE The sale of a seat on the Cotton TX
change for $500 also reported yesterday. this
being the highest price ever paid for membership
in that organization. The purchasers were the
Stock Exchange irm OF ". E Hutton Co