New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-09-12
WALL STREET AND EXCHANGES.

FOREIGN TRADTNG.-Foregn houses dealt in
10000 shares in the local market mostly sales En-
glish railroad stocks the feature in the Lon
don market and were weak renewed attacks on
British methods of financing There was no re-
newal of activity in the mining market but stocks
there held their prices very we'll The Bank of
England did not change its rate and made a strong
return in spite of a small loss of bullion on the
week There was no change in money or exchange
conditions in any Of the European centres.
STOCK LOAN OUOTATIONS-Loan quotations
were: Amalgamated Copper. Anaconda. American
Ice. Atchson 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-
ferred: Louisville and Nashville. Manhattan, Mis-
souri, Pacific New York Central. Northwestern
Northern Pacific preferred Peoples Gas, Reading
first preferred. Republic Steel and pre-
ferred Rock Island. st. Paul. Southern Railway
preferred Southern Pacific. Sugar, Tennessee Coal
and Iron. Union Pacific common and preferred
United States Steel common and preferred, United
States Leather preferred Wabash preferred and
Western Union, per cent
COST OF LITINC-''Dun's'' index number of
prices proportional to consumption was 500 $50 on
September / a decline of IS per cent in the month
Of August. and a trihe lower than at the CORE
spending date last year. Although more COM
modities advanced than declined, the Importance
the consumer of these small changes in articles
of comparatively light consumption is
Swallowed by the decidedly downward tendency of
prices Of food products. Speculative influences
Were also less conspicuous in grain as the rapid
progress Of the crops withdrew artificial sup
port options. which in weakened
spot prices All food products averaged per cent
lower for the month while there advance
Of l3 per cent in the other articles.
TO LIST VULCAN Observation-Disclosures
viii shortly be made to the Stock Exchange to list
the securities of the Vulcan DEFINING Company.
The business Of tho company is the reclaimnE of
steel from scrap tin. The capital stock of the
pany is $500 o3o per cont cumulative preferred and
$1,000" common. The company has bonded
debt.
UNITED STATES sHIPBUILDING ISSUES
The United States Shipbuilding first mortgage
per cent bonds were dealt in for the first time
terday on the curb selling from 931z to o. one hun
bred shares OF common stock sold at ..
WABASH MISUNDERSTANDING of the Wabash
system for the first week in September showed
gain OF 1885,, making from July ! gain of SAB
80 Comparison is made with a period year ago.
when earnings broke all preceding records.
TOLEDO EXTENSION OF WABASH--There
was sale yesterday morning OF 10000 Pittsburg
and Toledo syndicate subscriptions. 20 per cent
paid in. at 1o7l2 This is the first trading in this
security. The property Is the new Toledo extern
sion of the Wabash.
MISSOURI PACIFIC CAR MOVEMENT IN
CREASING.-The Missouri Pacific ca movement
is beginning show increases For the last three
days it has increased about two hundred and fifty
cars. These the first Increases made by the
company in about ten days.
BALTIMORE AND OHIO'S NEW STOCK-The
board Of directors of the Baltimore and Ohio has
authorized the Issue OF S42 10000 additional COM
stock. This is equivalent to a 50 per cent
allotment Of stock at par 20 existing stock, both
preferred and common. including debeutures and
voting trust certificates outstanding If converted
The announced purpose Of tho issue is to pay for
equipment acquired and to be acquired, so 900
for construction and equipment. $1,000 00 of which
100000 is double track the line from New
castle to Akron. 100000 for yards at keyser
Paramount Holloway, Newcastle and Connells-
Vile. 100000 for other construction of vari-
kinds: 100000 to pay for stocks. bonds. etc
acquired and to be acquired under the P, L. E.
and W. Va. plan and placed under that mortgage
It was currently reported in the Street, however
that part of the new stock might be used for the
acquisition OF Reading stock.