New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-05-21
WALL STREET AND EXCHANGES.

FOREIGN TRADLNG-Foreign houses dealt IN
5000 shares In the local market, all purchases
In London corsols were unchanged, but the copper
stocks were distinctly frusr and there was some
Improvement in the mining market. Money a
trife harder London, but Paris exchange tended
to ease off from the higher quotations Of the pre-
Ztous days close. With tbe strength in demand
sterling here. Is still at figure where gold ex-
ports would be possible.
STOCK LOAN QUOTATIONS.-Loan quotations
were An1algamated Copper. Anaconda. American
Ice Atchison common. and preferred, Brooklyn
Rapid Transit; Colorado Fuel, Delaware and Hud-
son, Erie common, first and second preferred,
Louisville and Nashville Manhattan. Missouri
Pacific New-Yerk Central Norfolk and Western.
Metropolitan Street Railway. Pennsylvania, Peo-
pies Gas Reading first preferred, Rock Island.
ST. Paul. Southern Railway preferred. Southern
Pacific, Sugar. Tennessee Coal and Iron. Union
Pacific common Union Pacific preferred. United
States Steel common and preferred United States
Leather preferred. Wabash preferred Western
Union and Baltimore and Ohio 21s per cent: Ca
madam Pacific fat.
NEW HAVEN.-Reports that the New-Haven
Railroad may reduce it's dividend from an per
cent to per cent basis are denied in Boston.
It is possible that New-Haven may show its full
per cent earned for the 1903 fiscal year. but the
fact should not be lost sight Of that New-Haven
has been expendlng out OF earnings average
for the last three years nearly 5000 600 a year on
permanent betterments, and under these conditions
it would be difficult make up the full per
cent upon stock If it considered advisable.
DOMINION SECURITIES-It is said that
group of Boston stock SPECTATORS has been trying
for some time to smash the price of Dominion
Coal and Steel stocks. for the small profit that
might result from a temporary squeeze. but in the
hope Of somehow or another dscouraging the
Canadian investors. who of the
stock, and thus reganing control of the property.
which, in long run is believed 10 be very
valuable one. The bear campaign is carried on
chiefly by Of canaTds sent out from Boston.
Dominion Coal broke Is points in the Boston mar
ket. recovering points before the close.
ATCEIsON DECLINE.-Oficers of the Atchison
at loss to know what is causing the selling
of the shares. The reports that there is to be
issue of bonds discredited by them but
nobody appears willing TO go record with
denial in the absence OF Mr. Ripley who Is not ex-
pected back from California for another week or
possibly ten days. The stock yesterday sold sew
eTa points under its low price in the Northern Sc
curities slump.
MARKETS MOvEAfENT-The market d,d not
rally we'll in the early afternoon and merely became
dull when pressure relaxed. There was prob
ably some inv estment buying IN places. but there
was not the slightest disposition to bid stocks Ip
and the more important traders who had been
short Of the said they got their stocks back
without the slightest difficulty The serwind in
denies any recent selling OF Atchison and is
more likely TO have added It's holdings on the de-
cline There Is QUESTION. however. that one
large speculative account has been realized for a
prominent operator who expects to spend the sum-
rner In Europe and find plenty Of cheap stock when
he comes back
CALLING OF LOANS-Commission houses re-
ported the calling of some loans by the banks and
will of course ask their customers for additional
margins. It was pointed out that good many
customers were carrying stocks with trust com
panes and country banks. and the amount Of pos
sble liquidation this source is difficult to es-
innate
FORCED SELLING-Thsre was forced selling
in many high class investment shares at SHARP
declines from the last preceding sales American
Express lost 8 points this kind OF selling Hook
ing Valley points and Michigan Central 81
points. The last named seld down to lO2 against
100 at preceding sale. but closed at recover 10
l2Oh
MORE GOLD FOR PARIS.-Lazard Freres have,
engaged sl.273.oo0 gold for export to Paris by La
Lorraine sailing to-day. It Is understood thar
there viii ha no gold shipmant to Argentina this