New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-25
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
30 900 shares in the local market all sales. In Lon
don consols were unchanged. and there was
feature IN the copper stocks. Money In the open
market in London was notceably easy. in view OF
the holiday requirements and the commencement
of the settlement on Monday. Berlin exchange on
London was strong.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice. Atchison common and preferred. Brooklyn
Raj id Transit. Baltimore and Ohio common. Cana
dian Pacific. Colorado Fuel and Iron. Delaware
and Hudson, Erie common, first and second pre-
ferred. Louisville and Nashville Manhattan. Mis-
souri, Pacific. Norfolk and Western. Peoples Gas.
Reading first preferred. Rock Island. St Paul.
Southern Railway preferred, Southern Pacific.
Sugar. Tennessee Coal and Iron, Union Pacific
mon United States Leather preferred. Smelling
common and Republic Steel common, per cent;
New-York Central and Pennsylvania 81 and 4 per
cent; Western Union. Smelling preferred and Re-
public Steel preferred. per cent American Loco
motive preferred fat and United States Steel pre-
ferred, So per cent.
DIVIDENDS DECLARED.-The Manhattan Saw
ings Institution has declared it's 1O5th semi-annual
dividend at the rate Of 81 per cent year payable
on the third Monday in January. The East River
Savings Bank has declared its u1th semi-annuaI
dividend at the rate of 312 per cent year payable
on January TO- The Union Dime Savings Institu-
ton has declared a semi-annual dividend at the
rate of 80 per cent a year. payable on January 21
The Irving Savings Institution has declared a semi
annual dividend at the rate of per cent for the
year, payable on January u.s. The Dry Dock Saw
ings Institution has declared a semi-annual diyi-
dend at the rate Of So per cent, payable on Janu-
airy Is The Bowery Savings Bank has declared a
sem-annual dividend at the rate of 3ls per cent
for the year payable on January IS. The Column
ba Bank has declared semi-annual dividend of
per cent. The Peoples Bank has declared a semi
annual dividend OF per cent. payable January
= The importers and Traders National Bank has
declared dividend of 10 per cent from the earnings
OF the last six months. payable January 2 The
Bank OF America has declared a semi-annuaI dfvi-
dend OF 10 per cent payable January ? The
Bank OF Commerce has declared a quarterly dfvf-
dend Of per cent payable January @ The Fourth
National Bank has declared a seni-annuaI dividend
Of 80 per cent. payable on January 2. The Michi-
gan Central Railroad has declared a dividend of
per cent, payable January 2s
CURRENCY AdOVEMENT.-The prlncipaI move
ments Of currency for the five days ending with
Wednesday. as compiled by The Wall Street Jour
nal indicate gain of $4oiSSO0 in reserve held by
the banks. The greater part Of this gain was de-
rived from the gold brought by the Teutonin last
week which was paid for by the sub-Treasurv on
triIay. The banks received from the interior
S04Sc0 and sent to the interior S566S 100 OF which
there was transferred through the Sub-Treasprv
$2lI5Ooo to New-orIeans. The loss to the interior
was $4,000 Gold imports were S3.s76,6oO making
Sl4''o''Vo on this movement at this port "a re-
PoI5ea uy the Custom House Other receipts of new
goiu were Ss63,SC0 namely: S6SS 800 on Nevryort
ASSAY Ofice checks. $26S,OO0 San Francisco NILE
checks and Geographic transfers chiefly on sccoit
OF imported gold. and $1,000 Seattle AssaV S}e
checks The Sub-Treasury paid $4,000 in redr,Ttio
OF Pc? cent bonds of 1904 Other disbursements b
he sun treasury were ST 7o0; payments nv, ~
mans Ior customs internal revenue per cent
ulu etc, were SlS.139 M The loss on Suh-1rea so,
OPERATORS proper was $3.50 500 The total gain Fry
ductns the loss Of to the T ntsraT s O de-
treasury the net gain was Si0499O0 NotUyithStouS9
sHB the large shipments to New ORGANS and othcr
tierh points. the net loss to the interior was
6I nominal The receipts We're mainly from near
py and Eastern points. ' MAR
VALUES IN PRICES-"The Wall Street Jour
l"I mas made compilation which shows that six
years ago twenty leading railroad stocks which
socteu an average of 2ls per cent their CAPITAL
i1raAss' had an average price of $i6 "a which pro
of sa earnings on the Investments at that price
~ f.oS per gent On the basis of the present prces
shsraeS active steeks are earning s5S per cent a
tLs sc, as compared with 21e per cent in 1897 and
resrit,a price Is 81 as compared with S4S "a The
fos ns earnings on the 500 investment are there
tbaS 81 % IN UUS as compared with 81 69 I'm IsT If
h COMPARISON Is stated In a dferert way N Win
L0uhd that an annual income which Sound he
Oought with 500 in 1897 can now be bought for $50
GRAIN EXPORTS FOR THE wEEK.-"Brad-
sueets reports the exports OF grain for the week
~ bushels. with comparisons as follows: wheat.