New-York tribune., 1902-08-06
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses dealt IN
1900 shares mostly sales Although American
stocks in London showed fair strength. trading
was on d limited scale. and it was thought that
the American speculative account in the London
market was materially reduced The general LIST
was heavy, with sagging tendency In the mining
stocks and small decline in consos- The strength
of Paris exchange on London was noticeable as
indicating that there little probability OF gold
shipments this week Money easier in Paris
but in rather better demand in Berlin
STOCK LOAN QUOTATIONs.-Loan quotations
were: Amalgamated Copper. Anaconda. American
let. Atchison common and preferred, Brooklyn
Rapid Transit. Baltimore and Ohio common. Chi
cago Terminal Colorado and Southern. DeIawar.
and Hudson Erie common. first and second pre-
ferred Louisville and Nashville. Manhattan. Mis-
souri, Pacific New-York Central. Northwestern
Northern Pacific preferred. Peoples Gas. Reading
first preferred. Republic Steel common and
preferred Rock Island. st. Paul. Southern
Railway preferred. Southern Pacific. Sugar. Ten
nessee Coal and Iron. Union Pacific common and
preferred United States Leather preferred Wabash
preferred and Western Union. pa and per cent
STANDARD OIL DIVIDEND.-The Standard Oil
Company has declared a dividend OF per cent
making 35 per cent so far this year. The Street
expected at least s per cent, and the announce
ment Of the smaller rate caused a sharp break in
the price Of the stock on the curb. although onIy
q few shares were dealt in The stock sold at So
closing at 67gNI675 against 6S5G69O Monday In 1Sn
the company paid in dividends 4 per cent against
the same rate in 1900. 80 per cent in 1899 80 per
cent in 1895 80 per cent IN 1897, 81 per cent IN 1893
and p per cent In 1855 In the August quarter last
NO CALL ON METROPOLITAN SECURITIES
METROPOLITAN Securities stock unusually
active at a decline of about two points. Some Of
the selling was regarded in the board as good"
The decline was accompanied by reports that the
company Is about to call another cash instalment
on the stock. This report could not be confirmed
and the impression was given in quarters entitled
to consideration that a call IS not impending
Some houses largely interested in the stock
confident that further call will be made this
year and that eventually fnstalments on not more
than IS per cent OF the par OF the stock viii Be
called
JAPANESE BONDS IN Subscriptions
are invited f1r the first japanese municipal bond
Offering ever put out IN London loan OF the
city of Yokohama of 100000 yen. equal. at 2s 07zd
per ven TO f91 sT5. is announced The bonds are
in amounts Of 100 yen 500 yen and 1000 yen. equiva-
lent to 80 IS ID Isl Os 1Od and f02 Is 3d. respective
" The loan Of which 155 600 yen has been placed
IN japan is being raised by the Yokohama mu-
ncIpality for the purpose Of extending It's pres
ert vatervorks-
KLONDIKE GOLD-The Sub-TreasUry paid
checks for s25oO00 for KIondike gold deposited at
the San Francisco Mint for account Of the Bank
Of British North America. and s25o.eo for gold
deposited at the Seattle Assay Office for account
Of the Canadian Bank OF Commerce Both these
banks are advised Of considerable amounts 10 come
next week
STOCK EXCHANGE TO CLOSE SATURDAY,
The governing committee of the New-Tork Stock
Exchange. at a special meeting held yesterday
afternoon, decided. in compliance witt largely
signed petition OF the members, TO close the eN-
change on Saturday. Business is dull on the ex-
change in these midsummer days. and the 1act
that King Edwards coronation is set for Saturday
was made the occasion for asking for the extra
holiday The London market will OF course be
closed on that day The Cotton Exchange several
1a-~ 2
movement IN the same direction is taking form
among the members of the Produce Exchange