New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-31

FOREIGN TRADING.-Foregn houses bought
on balance 5000 shares in the local market IN
London consols were unchanged, and no develop
ment in the Far Eastern situation was reported.
The copper stocks were rather heavy. Money was
percepubly easier in the open discount market In
London.
BEHIND ON CAR ORDERS.-Chicago reports
that officers of eastbound railroads complain OF
growing car shortage. Lake Shore reports 1t Is
500 cars short OF orders from the grain shippers
and that as many more could be used for general
loading at Chicago Pennsylvania could use 41o'
cars more and among the eight other railroads
operating eastward the car shortage Is easAy
lifted to about 1900 Westbound traihc Is
arriving at Chicago in such large volume that the
situation is on the verge of congestion. every
class of tonnage is said to be running aheau ot
last year that of iron and steel OHcers esu-
mate that the eastbound movement OF general
tonnage for the year will show an increase Oh
approximately 100000 tons.
INTERNATIONAL. PUMP.-It is learned from
good authority that change will be made next
year in the dividend either the common or pre-
ferred stock OF the International Steam Pump
Company. Earnings this year have been as heavy
as they were last year and with the completion
of the companys plant at Harrison. N j., the
output will it is estimated. be increased by upward
Of 50 per cent Collections are good and December
earnings will be above those of December l%Jz-
This concern. which controls 30 per cent OF the
steam pump business in this country is com
binaton of long established dividend paying COM
panies. In yesterdays market the common STOCK
advanced points to 80. at which price 1t yields
Is per cent
AMERICAN ToBACCo-The declaration OF
other quarterly dividend OF per cent on the COM
mon stock of the American Tobacco Company
practically all of which is owned by the ConsoA-
dated Tobacco Company. makes the fourth quarter
y disbursement at the rate of u per cent per an
num- In the calendar year of 1903 n15 per cent on
the common stock has been paid the dividend paid
Eel heir while the three
other disbursements were per cent each In 1902
the common dividend was per cent 1901. per
cent; 1900 per cent; 1899 per cent, besides loo
per cent in common stock paid on common stock
May IL, 1899. In 1895 the common dividend was
per cent. and in 1897. per cent
PROGRESS OF COLORADO FUEI. AND IRON
FINANCE PLAN.-It is stated that majority Of
the debenture bonds Of the Colorado Fuel and Iron
Company has already been deposited with the Con-
tinental Trust Company under the plan for the re-
adjustment Of the finances OF the company, and
that several millions more Of bonds have been
promised for deposit to-day.
BROOKLYN UNION GAS INCREASES CAPT.
TAL-At the special meeting of the stockholders
of the Brooklyn Union Gas Company, held yester-
day, the proposition increase the capital stock
from sl50O0OOO to S2OO0OOO0 was carried unani-
nously. An of SO LOCO 600 convertible debenture
bonds also authorized.
STOCK EXCHANGE MEMBERSHIPS RISING.
There a sale of a Stock Exchange member
ship yesterday at $6S.00O. This is advance of
$500 the last previous sale, and the tendency
is rising. Reports of sale bid at $4,000
ttrely lacking in foundation.
ANTHRACITE COMPANY DIvIDEND-Dela-
and Hudson directors have declared the reg
ular dividend Of per out OF the earnings of
1903 payable In quarterly instruments Of ia per
cent during the year 1904 Delaware. Lackawanna
and Western directors have declared the regular
quarterly dividend of 1& per cent.
dustrial Savings Bank has declared a semi-annual
dividend at the rate Of 31s per cent for the year.
payable January 49, The American Savings Bank
has declared interest at the annual rate of Sl5 per
cent for the three and six months ending December
81, payable January Is.
COLORADO FUEL AND IRON COMPANY DE-
BENTURES.-A majority of these debentures has
already been deposited with the Continental Trust
Company and application viii be made to the
New-YOrk Stock Exchange to list the deposit
coll