New-York tribune., 1903-06-13
WALL STREET AND EXCHANGES.


An noo shares IN The local market, buying on bal
ance. American stocks in the London market cloS2d
steady. The general market closed STEADY rams
heavy and consols shade higher for money ana
account. Paris exchange on London closed un-
changed Berlin exchange on 11oAool1 "'o'eo a. -
decline of s pfennig.
STOCK LOAN QUoTATIONs.-Loan quotations
were: Amalgamated Copper Anaconda, american
Ice Atchison common and preferred Broohlsn
Rapid Transit, Baltimore and Ohio common, Colo
RADIO Fuel. Delaware and Hudson, Erie common
first and second preferred; Louisville and NASHVILLE
Manhattan Missouri Pacific, New-York Central
Norfolk and Western Metropolitan Street Railway,
Peoples Gas Reading first preferred, ROCK lslano'
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 pre-
ferred. Wabash preferred, Western Union. 21a per
cent: Canadian Pacific. per cent. and Pennsyl-
vania 112QI2 per cent.
spite of profit taking by traders and the nat
ural distribution of stock carried over, the worst
part of the decline practically at the best OF the
day. A feature of the days trading was the more
aggressive attitude of the bulls of Stocks VINO
were not afraid 10 bid up the shorts Wormsers
bt1ving of 900 shares of Reading of the
features OF the afternoon trading. The operation
encountered considerable opposition from the west
ern and local bear parties indicated by the heavy
selling of Oliver and Harris, Gates & Co, but IL
Sh0
bull account. The Standard Oil interest was said
ro have been the largest recent buyer of ConsoH-
dated Gas. The strength in Canadian Pacific was
accompanied by important rally in the 500 issues
and Twin City Trustworthy advices from the
principal Canadian centres indicate that the finan-
cial position there is essentially sound.
MOVEMENTS OF MONEY.-The principal move
1nents of currency this week compiled by "The
Wall Street Journal" indicate that the banks
gained thereby $4 237,1O0 They received from the
interior S. i97 200 and to the interior l5961O0,
of which $4,000 was transferred through the sub
Treasury to New Orleans. The gain from the in
terror was $500. 100. Receipts of gold amount
ed to S104260O of which $763, 100 was on New-York
Assay Office checks $2679G0 on San Francisco mint
checks and teegraphic transfers, and $,600 on Sc
attic Assay Office checks. Gold exports were S2ol-
800 in bars to Berlin. The S1,350,OC0 gold coin to
report of the currency movement The ordinary
disbursements by the SubTreasury We're $11 45 400.
The banks paid to the Sub-Treasury for customs,
internal revenue per cent redemption fund, etc,
s19,S60,7Oo The loss on Sub-Treasury operations
proper was 81. 2.45530O. The total gain from the in
terror and new gold was S694S 700; deducting the
loss of 81 6 COO on gold exports and Sub-Treasury
operations, the net gain Si,2371GO The feature
this week is the large gain in currency from the
interior coming chiefly from nearby and Eastern
points and in considerable amounts also from the
West and South. Some currency was received
from Canada The shipments were very light and
mostly to nearby cities Several hundred thousand
dollars were sent to the South.
NATIONAL. RAILROAD COMPANY OF MEX
ICO DEPOSITS Announcement is made to holders
OF common stock (voting trust certihcates) OF the
National Railroad Company of Mexico by Speyer
& Co. of New-York. and Speyer Brothers. of Lon
DON that a sufficient amount-more than 80 per
cent-of the certificates mentioned has been de-
posted in accordance with the of the circu-
lar of May 25 last, issued by the firms named, to
enab BILE them to consumrnate the agreement re-
ferred to in their circular This agreement 1t may
be remembered related to a reclassifcaton of the
common stock of the National Railroad of Mexico.
sale of some of its securities to the Mexican Gov
ernment, purchase from that government of its
interest in the Inter-Oceanic Railway Company and
the granting OF valuable concessions to the Ma
tional Railroad. The time for further deposits Of
National Railroad certificates has been extended to
and including June 25. after which date deposits
will be accepted only such terms as may be fixed
bv the firms which have charge of the transaction.
GRAIN EXPORTS FOR THE WEEK.-'Brad-
streets reports the exports OF grain in bushels.
for the week. with comparisons, as follows: Wheat,
-four included 4ls1S17 contrasted with S.4co514 in
this week last year; since July l. A4472122 against
"a 425 215 in the corresponding time a year ago;
corn S24 SIS compared with 94S91 in this week last
year. since July l. 63 275.527, compared with 26.0S,
s32 in the corresponding time year ago.
VIRGINIA CAROLINA CHEMICAL-The ST.
00O000 year collateral trust per cent bonds Of
Virginia Carolina Chemical to list which applica-
ton has been made, issued in 1902 to provide
working capital and to pay for acquisitions. They
are secured by sss1. 800 of Southern Cotton Oil
stock and s. 200 stock of the Charleston Mining
and Manufacturing Company. They are subject to
call at l05 on any interest day. and. beginning In
1904 have a sinking fund of S50o.000 per annum at
1929 and interest
CARING FOR MONEY sITUATION.-'"Thew WAN
Street Journal" says that leading financial inter
ests have been working plans 10 prevent any
temporary tightness In money which might natu-
rally result from the payment for the new Penn
s.,lyania stock II may he stated Z L. sais H..