New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-08-22
WALL STREET AND EXCHANGES.


FOREIGN TRADING.-Foreign houses dealt in
$1,000 shares in the local market, selling bal
ance. In London the copper stocks strong.
and the mining market advanced. Money was
rather harder in London. There feature in
exchange in any of the European centres.
STOCK LOAN QUOTATTONS-Loa quotations
were: Amalgamated Copper, Anaconda. American
Ice AtchsOn common and preferred, Brooklyn
Rapid Transit, Baltimore and Ohio common. Col
orado Fuel. Delaware and Hudson. Erie common,
first and second preferred. Louisville and Nash
vile, Manhattan. Missouri Pacific, Norfolk and
Western Metropolitan Street Railway. Pennsyl-
vana, Peoples 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
preferred Wabash preferred, 1lAQ2 per cent: Cana
dian Pacific, New York Central fatq1a per cent;
Western Union, fat.
CURRENCY MOVENIENT-The principal move
ments of currency this week. as compiled by THE
Wall Street Journal indicate a gain of $500 500
in reserve held by the banks They received from
the interior So 80 200 and the interior 81 92
400 in which is included $4,000 transferred to New
Orleans through the Sub-TreasUry. Receipts of
new gold were 1926 100. of which s62S7Oo was on
New-York Assay Office checks. s., 724 700
San Francisco Mint checks and Geographic trans
fers, and $57-700 was on Seattle Assay Office
checks. OF the San Francisco items, 81 $50 900 rep
resented Australian gold, and most of the balance
and Of the Seattle checks represented Klondike
gold. The ordinary disbursements by the Sub
Treasury were $l81sS 800; payments by the banks
the Sub Treasury for customs, internal revenue.
per cent redemption fund. etc. go. 755 900;
the loss on Sub-Treasury operations proper was
81 6O6,1Ol The total gain from the interior and
new gold was Sc 2 500 deductng the loss of $685.,
100 Sub-Troasury operations proper the net
gain was $3.50 $50. The first Indication of the be-
ginning of the crop movement came this week in
the transfer through the Sub-Treasury Of $275CoO
to New-Orleans, the direct shipment of nearly
$4,000 to St Louis and of about $20000o to other
points in the South"
ROCK ISLAND CROP REPORT.-The crop re-
port of the Chicago. Rock Island and PACING for
the week ended August II, 1903, shows that in the
Illinois and Iowa divisions grounds are in good
condition with good rains Oats are harvested
and corn is growing slowly, but needs warmer
weather. The Cedar Rapids division wants more
moisture and weather. IN the Dakota d.
vision the yield of all small grain is good but
corn wants warm weather, while in the Nebraska
division corn is in excellent condition and the
weather is favorable. In the Colorado and kansas
divisions corn is doing nicely and ground IS In
good condition. In the Oklahoma division the corn
crop will be light but cotton has improved In
the Ell Paso division there VIII be about half
crop.
GRAIN EXPORTS-"Brad street's'' reports the
axnorts Of wheat for the week as 32727S9 bushels,
against 33I91 bushels last week and 595+759 bush
els last year. Since July | 81 233 bushels, against
81 339 769 bushels last year. Corn tor the week,
SOC 4s5 bushels against 773S7 bushels last week and
81 G49 bushels last since July l. LiSS'o push
els against $50 sos bushels last year.
AMERICAN CAN'T is intimated in official
quarters that the preferred stock of the American
Can Company will be placed on a dividend basis
this fall a dividend of 2l2 per cent on the pre-
ferred Will probably be declared about September
/ being the initial dividend disbursement made by
the company The preferred stock is entitled to 4
per cent cumulative dividends per annum. The
company was formed over two years ago. and the
amount Of preferred stock outstanding is Si233SOl
so that the back dividends amount TO more than II
per cent or nearly $6,00O000.
COLORADO FUEL AND IRON.-A prominent
interest in the management of the United States
steel Corporation says that before the Steel Cor
poration takes over the Colorado Fuel and Iron
Company it will be necessary for the Rockefeller
Gould combination to rehabilitate the plants COM
plete the outlined improvements. ard put the whole
concern upon a money making basis.
DIVIDEND DECLARED.-The General Chemical
Company has declared quarterly dividend of IA
per cent on the common stock payable on Sep
TENDER l.
OIL PRODUCTION IN 1902.-The preliminary re-
port of the United States Geological Survey makes
the total oil production of the United States for
1902 so S0459O barrels valued at 500 6OS4s This is
the largest quantity known in the history of
the country. The production for 1901 69,3S9, 1874
barrels At this rate of increase our production of
crude oil will reach 100000.0OO barrels per
annum
AMERICAN LOCOMOTIVE.-Th American Loco
motive Company has received order for six loco
motives from the Pere Marquette, thirteen from the
Terre Haute and Indianapolis and forty-ive from
the Erie.
AMERICAN CAR AND FOUNDRY.-The Amer
lean Car and Foundry Company has received new
orders for cars as follows: Chesapeake and Ohio.
200 freights, and Arkansas and Southern, 80 flats.
COFFEE EXCHANGE TO CLOSE.-The Coffee
Exchange will close Saturday, September ..