New-York tribune., 1903-07-11
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
5000 in the local market. mostly purchases.
In London the general market lower, with
decline of L per cent in consols and weak
in Rio Tinto Money was easy in all the
European centres but exchange London con-
tinued weak in both Paris and Berlin.
STOCK LOAN QUOTATIONS.-Loan quotations
we're: AmaIgamated Copper. Anaconda, American
Ice. Atchison common and preferred. Brooklyn
Rapid Transit. Baltimore and Ohio common. Cana
dian Pacific. Colorado Fuel. Delaware and Hud-
son. Erie common, first and second preferred;
Louisville and Nashville Manhattan, Missouri Pa
cific New-York Central. Norfolk and Western,
Metropolitan Street Railway. Pennsylvania, Peo-
ple's Gas. Reading first preferred, 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 pre-
ferred Wabash preferred Western Union, per
cent.
CURRENCY MOVEMENT.-The principal move
ments of currency for the six business days ending
July 9, as compiled by THE Wall Street Journal
indicate that the banks lost thereby only S4S410O
in spite Of the export of S4,291 800 gold. The gold
going out Saturday will appear In next weeks
currency movement The banks received from the
interior S.S42SO0. and sent to the interior s. 5OO
of which $4,000 transferred through the Sub
Treasury to New-Orleans. The gain from the in
terror S.167SO0. Receipts of new gold were
1851, 300 of which 1851, 800 New-York assay
Office checks. $69O,000 on San Francisco mint checks
and telegraphic orders and s27920 Seattle assay
Office checks Nearly all the gold from San Fran
cisco and Seattle Klondike gold Gold ex-
ports A,2S7300 in bars to Paris The ordi-
nary disbursements by the Sub-Treasury amounted
to Sl8, $500; payments by banks to the Sub
Treasury for customs, internal revenue. per cent
redemption fund. etc. were as.694, 700. The loss
Sub-Treasury operations proper 1886 900. The
total loss by gold exports and Sub-Treasury opera
tions $52. 800; deductng the gain of 81 7S9 20
from the interior and gold the net loss
$434, ,1O0''
COLORADO AND sOUTHERN-In the year
ended June So 1902. the Colorado and Southern re-
ported surplus applicable to dividends equal to
S37 per cent its second preferred stock after
allowing for the per cent required by the first
preferred For the eleven months ended May 81
1903 the company reports net earnings SO 414 small
than for the corresponding period of the previous
year indicating that in the year ended June 80.
1903 21a per cent will be earned the second
preferred stock. In the current year Colorado and
Southern has had its full share OF the prosperity
apparent among railroads generally. but it has in
common with many other lines, taken advantage
of this growth in business devote large portion
of the gain in gross earnings the betterment and
improvement of its property. leaving. before
noted. decrease in net earnings of s754l4.
MARKET GOSSIP.-Sonre OF the selling orders
around the room. and especially in Reading and St.
Paul, were for a prominent Western house, and
may, as the sellers alleged. have represented short
selling but looked like weak long stock. The
Rock Island issues notceably weak, a
consequence of the liquidation of Rock Island and
Frisco bonds by people closely associated with
the control The Well crowd still very bear
ish on Nev-York Central and hammered it when
II put its head up. receiving material assist
ance fromth liquidation of small holders,
SUGAR ADVANCED.-AH rehners have advanced
list prices 10 points making fine granulated 4s5c
net for American and Arbuckle and 4.SOc net for
Howell American Sugar shares were particularly
weak and lower
AMERICAN CAR AND FOUNDRY.-The Amer
lean Car and Foundry Company has received an
order for 500 mine from Delaware and Hudson.
GRAIN EXPORTS -'Bradstreet's' reports the
exports Of wheat for the week at $50 4l0 bushels.
against 1856 6S2 bushels last week and 400 1l5
bushels last year. Corn for the week, 1525. .OS4
bushels. against l.420.l72 bushels last week and
SOUTHERN RAILWAY. - Southern Railway
earnings for the fourth week in June increased
Sl7066 the week last year, making a
gain for the fiscal year of Si55 s36