New-York tribune., 1902-10-29
WALL STREET AND EXCHANGES

FOREIGN TRADING-Foreign houses dealt in
q ooo shares in the local market selling on balance
a depressed tone shown in practically ali de-
partments of the London market. American stocks
declined on moderate pressure and realizing prob
ably for New-York. The Kaffir stocks were heavy
and sniritless and consols were rather weak at
s27s their lowest figure since the termination OF
the Eosr war The fortnightly settlement was pro-
ceadtng without hitch Money rather harder
IN Berlin ard the Paris exchange rate was trthe
easier This was considered important in view of
the strength in exchange here
STOCK LOAN QUOTATIONS-Loan quotations
were. Amalgamated Copper. Anaconda. American
Ice Atchison common and preferred. Brooklyn
Rapid Transit. Baltimore and Ohio common. Chi
cago Terminal Colorado and Southern, Delaware
and Hudson Erie common, first and second pre-
ferrsd- Louisville and Nashville, Manhattan, Mis-
souri, Pacific New-York Central Northwestern.
MetropoItan Street Railway. Peoples Gas. Reading
first preferred. Rock Island, st. Paul Southern
Railway preferred. Southern Pacific. Sugar Rehn-
ing Tennessee Coal and Iron, Union Pacific COM
mon and preferred United states Steel. common
and preferred: United States Leather preferred.
Wabash preferred. Republic Steel. common and
preferred and Western Union, per cent
MERCANTILE DISCOUNTS EASIER.-Author-
fties on the mercantile paper market say that the
increased activity that is noted in the de-
mand for paper is still almost entirely confined
10 out of town parties. banks and corporations.
The market choice paper is 512 TO per cent.
and business has been done at those quotations
Occasional transactions have taken place AT as
low q 81. per cent but the market is fairly
quoted above.
COLUMBUS AND HOOKING COAL AND IRON
STOCK NEEDS NO LEGAL INVESTMENT
The requirement. of the committee securities Of
the New-York Stock Exchange that assignments
and powers of attorney Columbus and Hooking
Coal and Iron stock be acknowledged before
notary is rescinded and the stock is a good de-
livery without the acknowledgment until further
notice.
WABASH-A representative of the Wabash
says: Within a year shall have a line into
Pittsburg. That centre. / believe. is destined 10
be one OF the four great cities of the All
the roads are blocked with traffic. and unless all
signs fail serious trouble Will be experienced this
winter in trying TO move the enormous traffic
which the roads will he called upon to handle"
ERIES EARNINGS.-Despite the coal strike the
Erie Railroads gross earnings decreased only $50 $50
in September, compared with the same month
a year ago. Net earnings decreased S4s,9i2 The
Eries general merchandise traffic is heavy and the
gain through freight has nearly offset the loss
due 10 small coal shipments
BIG EXPORT OF CORN.-Export business yes
terday consisted OF fifteen loads OF wheat and
nifty loads of Most of the latter business was
done outports.
TWO TRAINS DAILY ON SOUTHERN PA
CIFIC SUNSET" ROUTE-On November l5 the
Southern Pacific winter train service will be begun.
leaving New-Orleans westbound and San Fran
cisco eastbound; the Sunset Limited" leaving
New-Orleans in the morning, the Pacific Coast
Express leaving New Orleans in the evening both
trains running through TO California with the new
est Pullman service. 4 dining will he run on
the Sunset Limited" through to California. Both
train will he daily This is feature for
the Sunset" route.
HALL SIGNAL COMPANY.-To the Hall Signal
Company has been awarded contract for the com
pete equipment Of the double track main line Of the
Lake Shore and Michigan Southern Railway be
tween Buffalo and Dunkirk. distance OF forty
miles. with the Hall electro-gas normal danger
automatic block signals. The Hall company has
also just closed a contract with the North Eastern
Railway OF England for the installation OF the same
system on ten miles Of the most congested portion
of their main line, from York northward.
PRODUCE EXCHANGE AND CANAL.-The
Produce Exchange will hold meeting on Friday
al 3l5 p 10 take action the work OF its
canal committee which has urged the reconstruc-
tion of the Erie Canal Tor the accommodation OF
60 ton barEes- II Is expected that the exchange
will pass resolutions supporting the committee
The members OF the committee feel that the favor
able attitude % the political parties the
project has added greatly 10 the prospects OF its
accomplishment