New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-17
WALL STREET AND EXCHANGES

FOREIGN TRADING.-FOreign houses dealt in
about $500 shares. all sales. European sentiment
bearish American securities. especially the
steel stocks. American stocks in London were in
active and irregular within very narrow limits.
The later prices compared favorably with those
prevailing at the opening. Consols were shade
hrmer. ard the general market very feature
less. There moderate rally in the copper
stocks There feature in money
change in any of the European centres.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgarated Copper. Ana conda. American
Ice. Atchison preferred. Brooklyn Rapid Transit.
Colorado Fuel. Delaware and Hudson. Erie COM
mon. first and second preferred Louisville and
Nashville, Manhattan. Missouri Pacific Norfolk
and Western, Metropolitan Street Railway. Penn
sylvanls. Peoples Gas Reading first preferred
Rock Island Southern Railway preferred. Southern
Pacific. Sugar. Tennessee Coal and Iron Union Pa
cifc preferred, United States Steel common and
preferred. United States Leather preferred and
Wabash prferred. per cent. Atchison common
and Union Pacific common. 1a115 per cent: Balti-
more and Ohio common. Canadian Pacific and New
York Central III per cent: St Paul 11115 per cent
Western Union. fat; United States Realty common
Nat. and preferred. 11- per cent.
MARKET GOSSIP.-The first hours trading de-
veloped some heavy Western selling and also
little support. The worst general influence was
the decline in Steel IS The thought that the
underwriting syndicate unable meet the
100000 called without throwing the bonds
a ruinous sacrifice most disturbing. Louis
Wormser had some Of the hest supporting orders
in the early trading. and paid particular atten-
ton to St Paul and Union Pacific Harris. Gates
& co credited with the sale Of twenty
five thousand shares in the first hour.
DISTIILERS' SECURITIES CORPORATION
REPORT-The annual report Of the Distiers' Sc
cUrties Corporation will be issued probably to-day.
While the officials decline to give out figures in
advance Of the publication of the report they ad-
nit that they are pleased with the showing that
the report will make II will show Increase in
net earnings, and an increase in the surplus Of
upward Of 81 1000
ST. PAUL MEETING.-Regardiu the reports
from Milwaukee that something OF special interest
may occur AZ the annual meeting Of the stock
holders Of the Chicago, Milwaukee and St Paul
Railway Company. TO be held on September 26. It
can be stated that it is expected that only the
usual routine business will be transacted
CORN PRODUCTS.-The directors of the Corn
Products Company have declared the regular quar-
tery dividend Of 1st per cent the preferred
stock. payable October 10. James A. Blair was
elected a director Of the company TO succeed
r. 5. Jones. resigned
UNION PACIFIC.-The early drive Union Pa
cifc was not very successful. and the whole
ment seemed have been based upon the
technical market position of the stock than any
development Of bad news. The Western traders
in particular have been using the stock TO hammer
the rest IF the market with.
STEEL RAIL POOL.-The report that the United
States Steel Corporation and its associates in
the steel rail and billet pools had reduced.
would reduce the prce Of steel billets from S27
ton TO s2i 80 per ton and would shade steel rails
from Sos per ton to 81 per ton. is officially denied