New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-11
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foregn houses dealt in
10000 shares. evenly divided. In London consols
did not rally and checked speculation in the gem
eral market. especially money was harder in
London. The Bank Of England did not change its
rate bat some improvement in the proportion OF
reserve TO liabilities Offset by a heavy loss
in bullion on the week. Exchange frmer in
Berlin. Bar silver showed considerable strength
STOCK LOAN QCOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda American
Ice. Atchison preferred. Brooklyn Rapid Transit
Colorado Fuel Delaware and Hudson. Erie COM
mon. first and second preferred. Manhattan Mis-
souri, Pacific. Norfolk and Western Metropolitan
Street Railway. Pennsylvania Peoples Gas Read
ing first preferred. Rock Island St Paul Southern
Railway preferred, Southern Pacific. Sugar Ten
nessee Coal and Iron. Union Pacific common and
preferred. United States Steel common and pre-
ferred, United States Leather preferred Wabash
preferred. 11sG2 per cent; Atchison common and
Baltimore and Ohio common. IL per cent: Cana
dian Pacific Louisville and Nashville and New
York Central 1G1l3 per cent: Western Union. fat
MANHATTAN AHEAD OF DIVIDEND.-It IS
understood that in the first half year OF the Inter-
borough lease. beginning April 1 last and end
ing September 30 the Manhattan Railway has
earned at the rate of the full per cent dividend
on its stock. This will Indicate earnings at the
rate Of at least II Il per for the remaining
half year. an average of over per cent for the
year The actual figures thus far under the lease,
IL is understood in excess of the estimate made
at the time Of the negotiation Of the lease.
UNITED STATES STEEL-The selling Of 5000
shares OF Steel common by Groesbeck & Co. was
said be for First National Bank interests. The
source. Of course. was purely guess the part
of the traders There also said to be
some quiet selling by a house sometimes trading
for the Morgan interest which has given the prin-
cipa support In the recent past. The professional
element continues bearish United States Steel.
and there is probably a large short interest, es-
pecally IN the common. People best likely TO be
we'll informed show uneasiness to the next
dividend, but reports were that the books
show falling off in orders of 10000 tons
BALTIMORE AND OHIO--There was not much
in selling Baltimore and Ohio short on the reported
labor trouble The denias Of any real difficulty
were definite and authoritative.
MISSOURI PACIFIC.-Gross earnings Of the Mis-
souri, Pacific for the first week in September were
So, OOo. increase of $4,000 the time
in 1892. From January gross earnings have in
creased S3,7H.lsL
NEW MEMBER.-William T. Hyde Of Ballard
& De Cordova. has been elected a member of the
Stock Exchange.
REMOVAL OF SALES DEPARTMENT.-The
New-York offices of the sales organization of the
Westinghouse Electric and Manufacturing Com
pany consisting Of the New-York sales depart
ment. department I. the export department and
the general agents Office, have been removed TO
the new Hanover Rank Building. Nassau and Pine
SITS The offices occupy the entire seventeenth
floor OF this building. The mali address Of the de-
partments of the sales organization in New-York
will be No. II Pine-st The telephone number 6.l31
Cortlandt remains unchanged. The executive
financial and stock transfer Offices will remain on
the fourth floor Of the Equitable Building.