New-York tribune., 1903-06-02
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-The London market was
closed Yesterday. and foreign houses were not
factors in the local dealings.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper, Anaconda, American
Ice Atchison common and preferred brooKiy n
Rspid Transit Baltimore and Ohio common. Col
orado Fuel Delaware and Hudson. Erie common.
first and second preferred, Louisville and Nash
Willie Manhattan, Missouri Pacific, New-York Cen
trail Norfolk and Western, Metropolitan Street
Railway Pennsylvania, Peoples Gas Reading nTst
preferred Rock Island. st. Paul, Southern Railway
preferred Southern Pacific, Sugar. Tennessee Coat
and Iron Union Pacific common and preferred.
United States Steel common and preferred, United
States Leather preferred, Wabash preferred and
Western Union, ~ per cent: Canadian Paclnc
per cent
NATIONAL RAILROAD OF MEXICO-Or Sat
urday the gauge Of the National Railroad of Mexico
1yas changed from San Luis Potosi to Gonzalez a
distance of 100 miles. This completes the cnange
Of all that part Of the main line to standard gauge
and there now only remains to be competed ABOUT
seventy miles of the line between Huehuetoca
and Gonzalez 1t is expected that this Will be m
ished and standard gauge train service started by
September 1. This new line when completed VIII
shorten the distance between Laredo and the Clty
of Mexico By thirty-eight miles, and will avoid all
the heavy grades and sharp curves on the present
line south of Acambaro. The change Of gauge was
bee11n about January I, 1902 and since that time
the line from Corpus Christi. in Texas. TO Con
zsfez in Mexico, and the section from the CITY or
Mexico to Huehuetoca, have been changed amount
ing to eight hundred miles.
AMERICAN TEL EPHONE AND TELEGRAPH
Drectors of the American Telephone and Tele-
graph Company considering, it is said, the ad-
visa biljtv of issuing S20000000 additional capital
stock which will be offered to stockholders at the
ratio of one new share for every five now held. the
proceeds of the issue to be used for improvements
and n extend the company's lines in the West.
There is possibility that the date of the issue will
he postponed until the money market becomes more
propitious.
CANADIAN PACIFIC-It is reported that the
Canadian Pacific Railway directors will. In addi-
tion TO the regular 22 per cent half yearly divi-
dend. payable next October, declare a bonus of l
per cent out of the proceeds Of land sales, which,
since the first Of the year have been much larger
than the company expected. 1t is not generally
known that bonus from la Id sales receipts can
be paid before the remaining S15,0o.00 land grant
bonds have been lquidated- However as only a
percentage of the proceeds of the land sales has to
be paid over to the government IN connection with
the sinking fund of the land grant bonds the bal
ance is applicable to any purpose in the Judgment
of the directors.
THE COTTON MOVEMENT.-According to THE
Financial Chronicle" the total receipts of cotton
for the week ended May - reached 2S.091 bales
against 47 e55 bales last week and 5s615 bales the
previous week making the total receipts since Sep
tenber l. 1902. 7.50SO45 bales against 7,276978 bales
for the same period of 1so1'02 showing increase
since September /, 1902, of 231. .O67 bales.
United States Leather preferred and common
accompanied by the report that the proposed new
financing not acceptable to some important In
terests whose consent would be necessary for any
thing of the kind.
BANK CLEARINCfS.-The total bank clearings
of all the clearing houses of the United States r
the week ended May 80 81 772, $50 1874 against
s. 2i 0C7 767 in the preceding week and N6740SO23
in the corresponding week last year.
GOLD EXPORTS.-Kidder. Peabody Co. will
ship $4,000 gold to Europe the steamship
Deutschland Thursday. Heidelbach. IckeIheimer
& Co. shipped S250OOO gold coin TO Buenos Ayres
yesterday
n. W. HARRIS & co.'s NEW OFFICEs-N w
Harris & Co. bankers. who have been occupying
temporary offices the last year Nos 81 and SO
Pne-st., have moved into their banking offices at
the northeast corner of Pine and William SITS.
NEW MEM BER ADMITTED TO FIRM.-Joseph
" Jackson has been admitted to the firm of L. H.
Gay & Co
COMPANY.-At a meeting yesterday of the drec-
tors of the Trust Company OF the Republic. hence
forth to be known the Waldorf-Astoria Trust
Company Winthrop f. Scarrtt was elected presi-
dent and AIvah TrowbrIdge vice president as
had been predicted several days ago and James
B Dill elected member of the executive