New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-08-19
WALL STREET AND EXCHANGES.

FOREIGN -TRADING-Foregn houses dealt in
so 900 shares in the local market, selling 5000
shares In London sentiment affected by the
heavy tone in consols which made a further de-
cline OF Il per cent 9O14. the unsettled condi
ton OF affairs in the Balkan peninsula. Exchange
was little easier in Paris. The Bank of England
continued to lose gold 10 the Continent Money was
rather harder in Berlin
STOCK LOAN QUOTATIONS Loan quotations
were; Amalgamated Copper. Anaconda, American
Ice. Atchison common and preferred Brooklyn
Rapid Transit, Baltimore and Ohio common Col
ocado Fuel. Delaware and Hudson, Erie common.
first and second preferred Louisville and Nashville
Manhattan Missouri racifC Norfolk and West
ern Metropolitan Street Railway. Pennsylvania,
Peoples Gas, Reading first preferred Rock Island.
St. Paul, Southern Railway preferred, Southern
Pacific. Sugar. Tennessee Coal and Iron Union Pa
cihc preferred, United States Steel common and
preferred. United States Leather preferred, Wa
bash preferred, 11zd2 per cent; Canadian Pacific
per cent: New York Central 12d1 per cent; Union
Pacific common. IL per cent; Western Union. fiat.
LACKAWANNA'S AIR BRAKES.-By act of
Congress not less than 30 per cent of the cars in
any train operated with power train brakes
must have these brakes controlled by the engineer
of the locomotive drawing the train. The Lacka-
wanna Railroad has so per cent of its freight
cars equipped with air brakes and for some time
has practically met the requirements of this act.
It is understood that exceptions the law Will
be permitted after September ]. and the general
l. l.
has issued special instructions that all cars
equipped with working brakes must comply with
the law and that due must be taken to test
every train before leaving a yard terminal.
NATIONAL ENAMELLING AND STAMPING.
The S15000O of preferred stock and the 1900 Of
common stock of the National Enamelling and
Stamping Company listed on the Exchange was
issued TO take over the entire capital stock issue
Of the Whitaker & Weber Manufacturing Com
pany. of 81. Louis and the control OF the plant
operated by them, consisting of realty, buildings,
machinery. tools, dies. goodwill. etc.
ROCK. ISLAND DIVIDEND TALK.-The runor
current of early dividend Rock Island COM
mon need not be treated seriously in view of the
necessary financing. Careful inquiry has shown
that the distribution o: stock in the recent selling
pressure was more thorough than people had mag
ined. There was a heavy professional short inter
est when the rally began. and this does not seem
to have been all covered.
UNION PACIFIC-The strength in Union Pacific
and Southern Pacific has revived rumors of a divi-
dend the latter It is reported that the financing
in connection with Union Pacific convertibles was
not final and some other and more economical ar
rangement might be devised in which Southern
Pacific dividend would play an important part
AMERICAN STEEL FOUNDRIEs direc
tors Of the American Steel Foundries Company have
declared tho regular quarterly dividend Of H. per
cent on the preferred stock. payable September /
MISSOURI, KANSAS AND TEXAS.-The twelve
months statement OF Missouri, Kansas and Texas
indicates that the surplus after charges will show
II per cent on the 100000 OF preferred stock as
compared with CT per cent last year.
COPPER ADVANCED-The New-Yorl Metal
Exchange has advanced the price Of Lake copper
from 1919 cents 10 1884 cents. Electrolytc is now
1919 cents and castings 1874 cents. This makes an
advance of y cent a pound this week.
CANADIAN PACIFIC EARNINGS Earninrs OF
the Canadian Pacific for the second week in Au-
gust show an increase over the same tine last