New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-06
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Arbitrage houses had no
orders in the local market. the London Exchange
was closed
THE COTTON MOVENdENT.-Aecordngt to THE
Financial Chronicle the total receipts OF cotton for
the week ended December reached 36s14s bales
against 3S5 1864 last week and 42SO6S the previous
week. making the total receipts since September l.
1903. 4O24O19 bales, against 3.S7S624 for the same
period of 1902, showing increase since SepteHl-
Der l. 1SO3 of 1856 bales Reports from the South
indicate that the weather has been less favorable
In the week. Temperature has been lower. Win
light snow in some sections. AS a rule, however,
there has been little rain Marketing con-
tinues quite free.
COMING DIVIDEND DECLARATIONS. - The
executive committee of the Western Union Tele-
graph Company is scheduled to meet next Tues
day. when the usual quarterly dividend Of IA per
cent will be recommended. The next day the di-
rectors will meet and ratify the action of the
ecutive committee, and the regular statement of
earnings will be issued. 1t is expected that this
statement will make creditable showing. The di-
rectors of the Manhattan Railway Company will
also meet next Tuesday to act the quarterly
dividend. 1t is expected that the regular Ia per
cent dividend will be declared It is not known
whether extra l per cent will be ordered at
this period.
CONSOLIDATED RUBBER TIRE-The plan OF
reorganization OF the Consolidated Rubber Tire
Company has been abandoned. owing to the failure
of the holders of majority of bonds and stock to
of New-York. will return to holders of certificates
of deposit the bonds and stocks which have been
deposited.
EUROPEAN COTTON SUPPLYING visible
supply of cotton in Great Britain on December 4
$4,000 bales. against 10000 in 1902 $4,000 in
1901 and $4,000 in 1900. Continental stocks aggre-
gated 354 600 bales against 2 600 in 1902 100000 in
1901 and S5S.2OO in 1900.
BANK CLEARINGS.-Bank clearings the last
week, compared with the corresponding week in
1902 show a decrease in the aggregate of per
cent. New-York lost 1873 per cent. Boston 63 per
cent. Philadelphia 3.S per cent and Baltimore 12s
per cent. Chicago records gain of OF per cent
ST. Louis 16.S per cent and Newt Orleans 25.3 per
cent
CORN PRODUCTS.-A nigh official of Corn Prod
ucts says that the company is in a strong position
to make glucose products cheaper than any of It's
competitors, and that all the cry about new COM
petition has but little foundation in fact.
HIGH RECORD FOR COFFEE EXCHANGE
SEAT-A Coffee Exchange membership certificate
has been sold at $2,o0o This is the highest price
ever paid. Last year seats were selling at 81 500
In October of this year they sold at $500
GOLD IMPORTS.-The total amount of gold
officially announced having been engaged since
the beginning of the present movement is $1S,O9L-
9SI. The arrivals to date SS624,9T This leaves
Si.469 966 still TO be received.
SOUTHERN RAILWAYS GOOD SHOWING
Earnings of the Southern Railway for the last
week in November showed an increase over the
same time last year of 37s making gain for
the month of S211,STO, and from July 1 gain
of 81, $50 AL