New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-06-07
WALL STREET AND EXCHANGES.

"
FOREIGN TRADING-Foreign houses were not
active in the local market. dealing IN ABOUT i0'0
shares mostly purchases. American stocks IN 'ne
ordon market gave rather obvious indications OF
rnanipulation from this side. and appeared TO nave
been advanced very moderate purchases iHe
ascrbed reason for the strength was the settenie!
of the strike on a basis of 10 per cent concession III
wages of which nothing was known III Aihefic1
The general market was steady, and consois sho"eo
fair strength. There was no feature IN money VI
exchange in any of the European centres.
STOCK LOAN QUOTATIONS.-Ffnal loan quota
+tons were: Amalgamated Copper. Anaconda Amer
ican Ice Atchison common and preferred BROOK
Iyn Rapid Transit. Baltimore and ONO common
Chicago Terminal, Colorado and Sontherh' Dea
ware and Hudson, Erie common ana nrst anu SCI
ond preferred Louisville and Nashville Manhattan
Missouri Pacific New-York Central, NORTHWESTERN
Metronolitan Street Railway, Peoples Gas, Reao-
ing first preferred Rock Island, St PAU, southern
Railway preferred. Southern Paclhc' sugar re
fning Tennessee Coal and Iron. Union Paciiic com
mon and preferred. United States steer coiiiio,'
and preferred. United States Leather preferred
Wabash preferred Western Union and hepuo'io
Steel common and preferred, per cent
AMERICAN GRASS TWINE.-The directors OF
the American Grass Irvine Company have declared
the regular quarterly dividend of IA per cent on
the stock On June 10 the annual meeting Will De
held and at that time the stockholders VIII heai
of the material prosperity OF the company II ~
learned yesterday that the statement regarding inc
that the volume of business In the last SIX ihoi'
had been heavier than predicted earlier In the sea-
son. In yesterdays market there was ouSlhs VI
American Grass Irvine stock at advancing prices
Good market judges consider this STOCK one Vi Inc
chea pest industrials the list as at its current
quotation it returns over per cent on the invest
ment. ,
MOVEMENT OF CURRENCY.-The principal
movements of money this week, according TO Ihe
Wall Street Journals compilation, indicate that
there hv
cefved from the interior s5290600 and sent to the
interior and Canada s3100,6O0 Of which $zOOVO was
transferred through the Sub-Treasury to New
Orleans. The gain the interior movement was
81 1eOOOo The banks received gold to the
amount of $65O2Oo, of which s62s,5Oo was on New
York Assay Office checks, ST. 700 on Seattle Assay
Office checks and $1,000 on San Francisco MINI
checks The banks received from the Sub-Treas-
ury on ordinary government disbursements S1o'-
2o6 so0 and paid to the Sub-Treasury for customs
internal revenue per cent redemption fund, re-
tirement of circulation by correspondents, etc. w.
$4,000 The loss Sub-Treasury TRANSACTIONS
proper was s. AIS 200. The total gain from the IN
terror and rev gold was 2,SfO2CO; deductng lhe
loss SubTreasury transactions Oh S-'f''-'0' INC
gain was $365,00O
NEW RAILROAD EQUIPMENT.-The following
companies have ordered cars from the American
Car and Foundry Company: The ST Louis ana Gan
Francisco Railroad Company from 6to 10 90 poA
cars in addition to the order reported on May .,
the International and Great Northern Railroad
Company 800 freight cars; the chesapeake anu
Ohio Railway Company. 100 coke and 100 nat cars
the Mexican Central Railway Company 5O rrelghC
cars. the Alabama Great Southern Railroad COM
nanv 20 freight cars; the Guatemala Central Rall-
road Company So freight cars; L. D. ROSS OF Beau
mont Tex. 80 tank cars; miscellaneous parties I''
freight cars of different types, baggage mall ana
express car and dining cars.
SOUTHERN PACIFIC. Southern Pac1nc is
spending large amount of money on us property
from earnings In the month of April operating
expenses increased s420655 while net earnings DE-
after cha ges and betterments. amounting 10 $3.50
15O of $685. 916 From July to AP15l So however te
company earned surplus OF Sl'S55'Oot.
GRAIN EXPORTS FOR THE WEEK.-"Brad-
streets reports the exports of grain in bushels for
the week with comparisons as follows: Wheat IN
Guiding flour 46OOO55 bushels, against i46t4 pusa-
els this week last year. since July l. Z92o-'.1o
bushels compared with 1894 1865 bushels IN the
corresponding time year ago: corn, S6,2o4 busnels
contrasted with 4551C2 bushels IN TINS @eg 1s ia
ass bushels in the like period of 1901
PACIFIC MAIII-At the meeting Of the PACING
Mail Steamship Company the old board of directors
was reelected No report was issued pun one Is
now being prepared. and Will be issued snoruy-
ADMITTED TO DEALINGs--The S6'oo'OOo OF the
capitaI stock of the Butterick Company has been
admitted to dealings in the unlisted department OF
the Stock Exchange.
RIG ORDER FOR LOCOMOTIVES-The Balti-
more and Ohio Railroad has placed an order with
the American Locomotive Company for one nun
dred locomotives consisting of seventy-tve consoI-
dalton fifteen switch and ten passenger
ELECTED OBSERVATION-DISCLOSURES Van Ripper
in place of Mr.. MacDougan who is now Vlce-presl-
dent.
C. NJ. JEsUP TO BE PRESIDENT.-The alot-
ment of shares of the Eastern Trust Company. OF
mittee or organization The capital was heaylly
oversubscrbed Charles NJ Jesup is to De president