New-York tribune., 1903-04-21
WALL STREET AND EXCHANGES.


IN nno ebayes I'm the local market. mostly sales IN
7 ondon consols were noticeaby strong and the
general market showed a fairly hrnn TONE
further substantial advance in bar silver was re-
corded. Money was in reasonably gooo Supply ~
ali the European centres. and foreign exchange
tended easier. ,
STOCK LOAN QUOTATIONS.-Loan quotations.
were: Amalgamated Copper, Anaconda American
Ice Atchfson common and preferred. Brooklyn
Ranid Transit Baltimore and Ohio common Col
orado Fuel, Delaware and Hudson. Erie common
first and second preferred, Louisville and Nashville
Manhattan Missouri Pacific, New~York central
METROPOLITAN Street Railway, Norfolk and west
ern Peoples Gas. Reading first preferred, Repuo-
lie Steel preferred Rock Island, St Paul southern
Railway preferred, Southern Pacific, Sugar Ten
nessee Coal and Iron Union Pacific common ana
preferred. United States Steel common and pre-
ferred United States Leather preferred. Wabash
preferred. Western Union, canadian PaclhC' fehl-
sylvania. 2ta per cent
NORTHERN SECURITIES. - London was
heavy seller of Northern Securities stock on the
curb, and the stock broke nearly points from
Saturdays closing. A recovery set in following
the decision permitting the payment of dividends
1t was thought that realizing in this market by
brokers usually representing prominent operator
caused reselng of stocks by the foreign houses
The sentiment on the other side was cautious, but
could hardly be described as bearish
MISSOURI PACIFIC-''We expect that the COM
ing business year will be prosperous than that
now wing to a close said officer of the
Missouri Pacific hallway. There is enough traffic
in sight now to make it AS matter of fact
there is so much that cannot n way Of
avoiding a longer and pronounced period of
congestion and blockade next winter than last. We
will be worked high pressure all through what
is usually the duh season. With more engines,
cars and higher freight rates it may be correctly
estimated that under such conditions earnings will
show material improvements.
Wabash officers of the Pttsburg. Toledo and
Western Railroad say that the work of grading the
line is proceeding fast. and as the weather i'm
proved more men would be added every day. SINH
lar fast work is being done on the Pittsburg, Car
negie and Western, which is to complete the Wa
bash extension from Mingo Junction to Pittsburg.
The inability Of the American Bridge Company to
proceed with the construction of the Wabash
bridge at Pittsburg and that at Mngo Junction be
cause strike of the structural iron and bridge
workers is giving the Wabash people much con-
Germ They fear that the roadbed will be COM
peted and the tunnels finished long before the
bridges put up Many of the ties needed for the
new road are already on the ground and most of
the rails ready to he taken there.
PROCTER & GAMBLE NEW STOCK ISSUE
The report comes from Cincinnati that the Proctor
& Gamble Company will issue shortly $75000 new
stock Authorities on the affairs of the company
in this city say they have not yet heard directly
there is to be such an issue but believe. how
ever if such stock is issued ii will be for the pur
pose of purchasing two important soap manufacto-
ries in Chicago and Kansas City.
CHICAGO GREAT WESTERN.-Great Western
Railway officers say the outlook for winter wheat
in Iowa is splendid. The plant is finely stooled. and
with favorable conditions from now on will make
A bumper crop Soil is in good condition to receive
the corn crop and the acreage will be greatly in
creased this year. Traffic officers of the road say
there is large amount of tonnage all along the
lines of the road and they believe that dull periods
this summer will be a rarity.
LANES SPEYFR A DIRECTOR. James Speyer.
of Speyer & Co. has been elected director of the
tank cf the Manhattan Company.
MONTREAL LIGHT BONDS OFFERED.-N. w
Harris e. 60. and the Bank of Montreal New-York
are Jointly Offering IT and interest $3414.oOO .
per cent bonds of the NJ 1ntreal Light. Heat and
Power Company. This company is earning gross
s. al IL the earnings being three times
the bond interest Four per cent dividends are be-
ing paid on s5997s0O capital stock, which is selling
at o in Montreal The Montreal Light Heat and
Power Company owns is in fun control of the
entire gas electric light and power business of the
CITY and island of Montreal. with population in
excess of $4,000.