New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreig houses dealt in
1900 shares I'm the local market. evenly divided.
Conso,z wore weak iu London. declining Co SS7s.
Tho general market was heavy. and Rio Tirtos
were specially weak American stocks We're neg
Iected. witch the steel stocks lower and some slight
e elsewhere Money was i'm good demand every
WHORE. but quotations we're unchanged. An adj
vance in the Bank of England rate to AZ per cent
was talked 81.
MARKET GOSSIF.-Wasserma Brothers ana
Harris Gates & Co were thc heaviest sellers round
tho room in tho early trading The presumption
was that the Western spectators are putting out
their shorts aCair. There was resumption u
selling I'm Rock Island Is said to ba part of the
process OF distribution by tho people most closely
associated with the property Even ~ tho present
prices tho securities into which tho Old Rock Island
common was converted arc selling at equal TO To-
which compares pretty well with oven st. Paul
and Northwestern. The weakness i'm Southern Rail-
way seemed O. be part or development of MP
town hoarish sentiment ON the earnings. 1t is
noteworthy that the only consideration 90 values
just is made for the purpose of asc.rtaiufu-
whether tho stock is selling above tine rest OF the
list Il is argued that the Stcel preferred dividend
is NOR" than the earnings Justify Tn, selling of
General Electric looked good People reasonably
close to the municipal electrical situation think
that there VIII be further troubI, at Albany when
the state legislature meets. Tho liquidation in
Baltimore and Ohio and Pennsylvania was largely
for Philadelphia and PittsourE account Both
these centres have been hard hit lately. Oh"
former in Consolidated Lake Superior and the
latter in the iudustrials.
STOCK LOAN QUOTATIONS-Loau quotations
We're: Amal-amated copper Anaconda. American
Ice. Atchis1u preferred Brooklyn Rapid Transit.
Dcaware and hudson. Eric cor2moa. first and Sec
"nd preferred, Louisville ami Nashville Manhattan.
Missouri Pacific. Norfolk and Western. MetropoI-
tan Street Railway. Pennsylvania. Peoples Gas.
Reading first preferred Southern Railway pre-
fcrred. Southern IacHc. Sugar Tennessee Coal and
Iron. Union Pacific preferred. United states Steel
common and preferred United states Leather pre-
lcrved. Wabash preferred per cent, Atchsou com
mon Baltimore and Ohio common. Canadian Pa
cidc. Colorado Fuel. IL per cent. Now-Yor< Cen
tral. Rock Island St Paul. Union Pacific common.
li.Fi2 pcr cent: United States Realty common and
preferred and Western Union aat; Republic steel
preferred. l-6. United States Realty common and
preferred. fiat. Locomotive preferred. t-6ill-}2-
PENNSYLVANIA STOCK SUBSCRIPTIONS
Announcement is made by the Pennsylvania Rail-
road Company that stockholders who desire to
avail themselves OF tho privilege offered by resou-
tons OF the board Of directors of March p and
September . last can make payment Of the re-
naming 30 per cent due upon their stock sutsCrp-
tions between October l. and g. Upon such final
pay ment being made and the surrender Of the re-
Ceipts given by the treasurer for the first install
meut payments. tho treasurer Will pay the interest
due on said instruments from June - To- October
Is amounting To 20 cents share. and win issue to
the stakeholder fun paid negotiable stock receipt
for whole shares eNchanEeable for stock certificates
which will carry dividends after November .. 19 g.
aud for fractions resulting from such payments
fun paid fractions of receipts bearing interest at
the rate Of per cent per annum. and convertible
into stock when the fractions surrendered make
whole shares provided the conversion is made on
or before October g. adjustment to be made &c
any interest dividend due when such conversion
IS made. After October l. sucA fractic1a receipts
cannot be converted into stock but viii be
deemed I'm cash at the rate OF goo o. share. With
iutc.-st from October 8 1896. 90 June .. l2)t ut
the rate Of per cent per aunum. or 81 80 e. whole
share.
ATCHISON'S EARNINGS THE LARGEST IN
IT'S HISTORIC Chicago dispatch says that the
August statement of the earnings OF the Ntchisou.
which will oe issued ON Saturday next will LC uu-
usually favorable both rs to- gross and NET Both
President r. i. Ripley and Nicc-Presid"ut Paul
Morton believe the AtchISon system will this COM
ing fiscal year show larger gross and net earnings
than for any year I'm the history OF the company.
SECURITIES LISTED-The following securities
have been added 10 the Stock Exchange list. New
York National Exchange Bank $4,000, additional
capital stock s. S30Y additiona! trst consolidated
mortgage por cent bonds - 1891 of the Southern
Railway. $1,000 COO additional capital stock of the
National Bank Of Commerce. S226o3O additional
common stock Of the Chesapeake ard Ohio Rail-
way and S2l $50 20 additional capital stock Of
American Telephone and Telegraph Company
CORN PEOpICTS-The Corn Products Corn
many IS organizing special separate corporations in
England. France aud Germany To push fits foreign
trade.