New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-10
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-FOreign houses dealt in
$4,000 shares in the local market, buying 10000
shares. The clearer international political situa-
tion. especially in the Far East, was an important
influence in the London market causing an adj
of q per cent in consos. 10 $50 and marked
strength in Japanese bonds. The copper stocks
were steady. without much feature. and the mining
market was hard. Bar silver showed some rallying
tendency. Money rather easier in London.
Berlin exchange on London was lower.
STOCK LOAN QUOTATIONS--Loa quotations
were; AmalSamated Copper. Anaconda. American
Ice. Achison common and preferred. Brooklyn
Rapid Transit. Baltimore and Ohio common. Cana
dian Pacific. Colorado Fuel and Iron, Delaware and
Hudson. Erie common. first and second preferred
Louisville and Nashville Manhattan Missouri Pa
Cifc- Norfolk and Western. Metropolitan Street
Railway. 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 and Shelters common
5d5i2 per cent; New-York Central. 4Rd5 per cent:
Pennsylvania per cent: Western Union per
cent SHELTERS preferred, per cent: Republic Steel
common. 5ls per cent; Republic Steel preferred 2
per cent; American Locomotive preferred fat and
Car and Foundry preferred. l per cent.
DENVER AND RIO GRANDE.-The Denver and
Rio Grande Railroad Company has declared the
usual semi-annual dividend of 2l5 per cent on the
preferred stock. payable January l. The outstapd-
Ing preferred stock amounts TO 81 4O00OO and the
dividend will be a,ll6O0 The surplus of the com
pany for six months July to December. inclusive
November and December being estimated will it
is officially stated. he about sI456O0O. OF about
$3l6G9o more than the dividend requirements The
labor troubles in Colorado and Utah are response
be for an estimated reduction of about S40A0N in
the gross earnings of the system in November and
December. hut this has been fully taken into sC-
count in estimating the available surplus for the
six months.
BUYING OF ERIE.-London was again an. ac-
tive buyer Of Erie common. The Street is bulUsh
Erie and there is reason to believe that a large
amount of the stock has recently gone into strong
hands good showing for the current wear Is
looked for but for November and December and
perhaps the opening months OF 1904 it will be too
much 10 expect favorable comparison with results
year ago.
BROOKLYN RAPID TRANSMITS activity
ana sharp advance in Brooklyn Rapid Transit
stock was not accompanied by any important
movement in The c0mpany's per cent bonds which
dealt in the curb While the stock advanced
10 52l2 maximum gain Of ga points. the bonds
sold around 7674, closing at 75Q7T19 against 7ia77
Tuesday.
CURRENCY MOTEAIENT.-There was $3.50 900
deposited at the Sub-Treasury Yesterday for trans
fer to Nevy-Orleans The Sub Treasury paid ont
$139o5a teIegraphic order from san Francisco
SALE OF UNITED STATES TRUST STOCK
There a sale at the Stock Exchange of thirteen
shares of United States Trust Company stock at
100
J. Sully authorizes denial Of the r1lmor that he
IS selling cotton. On the contrary he is blving
cotton.
AMERICAN SMELLING AND REFININC.-In
the outside market Az per was bid for the
dividend on 1.0n shares of American Smelling and
Refining Company common stock for the year 1904
DENVER AND RIO GRANDE.-At a meeting Of
the board Of directors of the Denver and Rio
Crande Railroad Company yesterday. the usual
sem-aruual dividend of 2lz per cent was declared
upon the preferred stock of the company The
hooks will close December IS. 1908 and reopen
January Is. 1891
AN ADVANCE OF > PER CENT A YEAR-At a
meeting yesterday of the board Of trustees Of the
Equitable Trust Company. Of New-York a semi
annual dividend Of PER cent was declared on the
capital stock Of the company. This is an advance
Of > per cent year on previous dividends
AMERICAN Mailing COMPANY.-The board
o. directors Of the American Mailing Company.
elected the annual meeting OF stockholders held
n Nov emler organized yesterday by the reelection
of the lowing officers: Chairman OF the board
Frederick Uhlmarn; president, Charles A StadIer;
ycc-pr,sident. Frederick VuIlnahu: treasurer
Louis l. Stanton; secretary. Faneuil D. s Bethune.
OFFER TO INVESTORS Harvey Fisk & Sons
Offer to investors 100000 Illinois Central Railroad
COMPANIES main line extended first mortgage go
per cent gold bonds. At 9S1s and interest The
receipts 81 the l6 miles covered hv this mort
sage aggregate more than the entire amount Of
mortgage bonds outstanding. and the net earnings
amount To than r. per cent OF the entire debt
ured by the mortgage and nearly nine times the
annual interest charge. These bonds are a legal
investment for New York Massachusetts Com
uecticut Maine. New Hampshire and Ncw-Jersoy
savings hanks