New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-02
WALL STREET AND EXCHANGES.

FOREIGN TRADTNG.-Foreign houses dealt In
2oO0 shares in the local market. all purchases. In
London there some check in the advance OF
the copper stocks. and consOIs were firm at so7s.
a further re covery Of Is per cent The mining
stocks were generally firm There was no feature
in money or exchange in any of the European CEN
tres and bar silver trihe easier
STOCK LOAN QUOTATIONS.-Loan quotations
were: ANA lgamated Copper. Anaconda American
Ice Atchison common and preferred Brooklyn
Rapid Transit Baltimore and Ohio common. Col
orado Fuel. Delaware and Hudson. Erie common.
first and second preferred; Louisville and NASHVILLE
Manhattan. Missouri Pacific. Norfolk and western
METROPOLITAN Street Railway. Pennsylvania. Peo-
pies Gas Reading first preferred Rock island
St Paul Southern Railway preferred, Southern
Pacific Sugar Tennessee Coal and Iron. Union Pa
cifc common and preferred. United states Steel
common and preferred United states Leather pre-
ferred. Wabash preferred. IL per cent; Western
Union fat: Canadian Pacific and New-fork Cen
trail, p per cent
THE RISE IN sILvER-The London quotation
Of bar silver on Monday Of 25s.d per ounce BRUSH
standard IS an advance Of Sled from the low record
OF 2l5sd on January ST. 1905. 1t is l1-l6d above the
highest quotation Of 1900 In all other prior years
the high quotation for bar silver above e9d,
except in 1899 wheT il was 29d. The present al
vance in the price of silver is attributed by good
authorities TO an increase in the demand. While
the supply has not been correspondngly enlarged
The purchases Of silver by the Philippine govern
ment by India and by France have constituted
the increase in the demand. The United States
Melting Company will ship TO Europe about sew
eutv thousand ounces of silver to-day.
SHAREHOLDERS INCREASING.-Takng nine
dividend paying railroad stocks as basis OF com
parison il is found that the number of stockhoid-
ers increased at the rate OF 6 per cent during the
last three mouths-or IL the increase should con-
tfnue at the rate Of 5S4 per cent year
COPPER EXPORTS.-ExpOrts of copper for
August amounted to 1926 tons. as against l2i9 in
August 1902 and $50 tons in August 1901 Exports
during July Of this year were $40 tons.
BANK CIRCULATION.-The increase in national
hank circulation for August S,2HtSS; for
twelve months. $50 305.2Si
DIVIDENDS DECLARED.-The Chicago city
Railroad Company has declared dividend Of pa per
cent Directors OF the American Sugar Refining
COMPANY rave declared the regular quarterly divi-
dendS Of Ia. per cent ON the preferred and common
stocks The Electric Boat Company has declared
a quarterly dividend Of per cent on the preferred
stock Directors OF the American Can Company have
declared first dividend OF 2is ce-t on the pre-
fsrred stock The Colorado and Southern Railroad
Company has declared the regular scmi-annual
dividend Of per cent on its first preferred stock
SUFFICIENT BAY STATE GAS STOCK
PLEDGED. J. ArkeH. of the committee of the
Bav State Gas reorganization. says. We have
Sufficient stock pledged TO make our plan a success
provided the committee finds no illegal stock
pledged under its plans That Will not be de-
terninef before September 10, as IL viii take the
committee that time 10 make thS proper SA"Hiihd-
ton The committee will be very glad to work
with the members Of the protective committee from
Boston If they are sincere and in earnest
UNITED STATES STEEL AUGUST NET
EARNINGS ESTIMATED The net earnings OF
the United States Steel Corporation for the month
OF August estimated at >l2a0G' decrease OF
y572729 compared with August. 1907 Most Of the
decrease is attributed the closing down of vari-
Gus plants for repairs
REPORTED ADDITION TO LOUISVILLE AND
NASHVILLE HOIDINGS-It is rumored that the
Atlantic Coast Line Railroad Company within the
last four months has purchased between Us go and
10 0NG additional shares OF Louisville and Nashville
stock in the open market IT is said. however,
that AT present this block Of stock Is being carried
bv interests identified with the company. but that
in the future it will he turned over 10 the At
lantic Coast Line IL is claimed that the stock
was bought to reduce the average price Of all the
Louisville and Nashville stock held b. the At
lantic Coast Line.