New-York tribune., 1903-04-03
WALL, STREET AND EXCHANGES.

FOREIGN TR TRADTNC-Foreign houses dealt III
two thousand shares in the local market evenly
distributed. In London the copper stocks were
ca sier but consols were steady without quotable
change The Bank of England did not change It's
rate and made a. rather weak return as compared
with last week but In spite of the loss of bullion
on the week in stronger position tnan AT
This time last year Money rather easier in
Berlin and Paris exchange London was trife
lower.
STOCK LOAN QUOTATIONs.-Loan quotations
were: Amalgamated Copper Anaconda. American
Ice Atchison common and preferred. BROOKLYN
Rapid Transit and Baltimore and Ohio common
7Gs per cent; Canadian Pacific. per cent; COLO
RADIO Fuel. Delaware and Hudson, Erie common
first and second preferred, Louisville and Nash
Vile Manhattan Missouri Pacific. Nev-York Cen
trail Metropolitan Street Railway. Norfolk and
Western, Peoples Gas. Reading first preferred
Republic Steel common and preferred. Rock isiano'
St Paul Southern Railway preferred 7d8 per cent
Southern Pacific 1-S2 to l per cent premium; Sugar
Tennessee Coal and Iron. Union Pacific common
and preferred United States Steel common and
preferred United States Leather preferred Wa
bash preferred Western Union, 7Qs per cent
STANDARD OIL MONEY-"The Wall Street
Journal says:
1t is noticeable banking interests very closely
had to lend throughout the strlngenc;X 0; ol
terest has something like $0.O0OGo in cash avail
able for market m % IL MUCH Is toeE bnt thrs l
is question that they are ready to take II When
a
sion of good supply of ready money is useful most
of the time in the market and particularly SO AT
nresant when to the strong demand for both time
and cali money is added the fact that hnanciers
at any time carrying SO & great T05
it is significant that block of St Paul yariousy
by one of the leading Standard oil people at some
three points below what it could have been sold at
i'm the market last Monday. The string to the par
gain was of course. the commitments OF the seIer
Irbicf VI is a matter of some Importance ordi-
narily bank would regard them as good coiiat-
eraI
POLITICIANS SHORT OF CAST is reported
in Wall Street circles that the movement at AL
banv to secure authority for municipal lighting
plant and agitation which has been begun here
were preceded by some large ventures on the snort
side of Consolidated Gas stock by prominent poll
tcians and their friends. The stock sold has, 1t is
said been borrowed privately In brokers' offices
and in instances it has been loaned fiat
There has little no long stock coming into
the market fact. the fall of the price to figure
that yields nearly cent on the investment has
brought about some cash buying. 1t is estimated
by good authorities that the total short interest
amounts at least ten thousand shares.
WINTER WHEAT CROP.-Winter wheat, as
shown by reports ''Dun's Review from branch
offices of r. G. Dun & CO. in the wheat belt, is in
unusually good condition The crop has wntered
well. In Ohio and Indiana reports indicate an
average acreage and the grain showing strong,
hardy growth On some lowlands the crop has
been washed out by floods, but this is very small
loss In Kentucky and Tennessee the acreage is
fully up to last year, and the growing grain is In
better condition than ever known before at this
season. In Missouri and Kansas there is con-
siderable frcrease in acreage in important sections
and the young crop is growing well. with ample
moisture. Reports from the Southwest indicate an
increased acreage and excellent stand Ex-
cessive moisture has caused damage In low
lying sections. but the loss will be small.
BANKS LOSE TO SUB-TREASURY.-Althou
the Sub-Treasury debtor at the Clearing House
on wednesday $500 0O0 the banks lost to that ins-
tuition 81 244.000 the days business, follows:
Customs S1S0O0. retiring circulation, s50o0O:
cellaneous payments the counter, sS54.000.
WESTERN UNIONS EAKNESS.-weakness
In Western Union Telegraph stock yesterday was
less telegraph competition to be organized between
the principal cities. In telegraph circles this
port was regarded seriously.
STOCK EXCHANGE HOLIDAYS.-The board
of governors of the New-York Stock Exchange at
special meeting held yesterday voted TO close the
Exchange on Good Friday April TO- and on the
following Saturday. April II.
REDUCTION IN SUGAR-ArbuckIe Brothers
have reduced all grades of refined sugars points
making fine granuated 455. less per cent Amer
ican and Howell prices unchanged.
Portland. Me, April AT a special meeting of
the stockholders of the Mohawk Valley Steel and
Wire Company here to-day it was voted to increase
the capital stock of the company from s25 900. 600
to s6Ao000o0.