New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-05-29
WALL STREET AND EXCHANGES

L-ORF,TC1E RADING-Foreigu houses dealt in
40 go shares in the local market, mostly sales IN
london the general market was featureleSs. nIt
consols showed little strength, and at 9l's gained
Il ner cent The Bank of England did not change
it's rate and made a strong return showing a hlgh
proportion of reserve to liabilities and a gain IN
bullion the week The copper StocNS were i''
ticeaby weak.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amagamated Copper, Anaconda. American
loo Atchison common and preferred, Brooklyn
Rapd Transit Baltimore and Ohio common, Colo
RADIO Fuel. Delaware and Hudson. Erie common
first and second preferred, Louisville and Nash-
VILE Manhattan. Missouri Pacific. New-fork Cen
trail Norfolk and Western. metropolitan street
Railway Pennsy lvania, Peoples Gas Reddlhg HIst
rreferred Rock Island. St Paul. Southern Railway
I,rafarred Southern Pacific. Sugar. Tennessee Coal
and Iron Union Pacific common and preferred,
United States Steel common and preferred Chited
States Leather preferred, Wabash PREFERRED ana
Western Union 90 per cent. and Canadian Pacific.
MEXICAN NATIONAI.-Tha new Mexican Ma
tional second preferred stock was dealt in on the
curb yesterday, 700 shares changing hahds at
from 2q1a to 3Os.. on the Stock Exchange the
present Mexican National stock sold up in the face
Of y declining market and the character of the
buying suggested accumulation by important IN
erests The stock conversion plan. as set forth by
cneyer & co on Wednesday. has been most favor
ably received by the financial community, which
considered il Of the utmost value to present future
holders of the comrany's securities. The present
Mexican National Stock should sell Al about 80
while eventually the proposed preferred and de
ferred stocks ought prove attractive invest
ments
CURRENCY WOVEN ENT-The principal move
ments OF currency for the five days ended May .,
as compiled by The Wall Street Journal indi-
cate that the banks gained thereby $56l.6oo "Ihey
received from the interior 6i5I000 and sent TO the
interior 81 So 500 of which $200CNO transferred
through the Sub-Treasury to New-OrIeans- The
gain from the interior 81. 65S.600 New gold was
received the amount of s92S50o, of which $50, 100
was on New-York Assay Office checks $96.500
san Francisco Mint checks and Geographic trans
fers and $109.9O0 Seattle Assay Office checks.
Gold exports 81 1850 of which S906901 went
to Paris in bars. s305.7O0 Berlin in bars and
s. go 900 to Argentina I'm coin. The ordinary dis
bursements of the Sub-Treasury amounted to SIS
OS2 800 Payments by the banks to the Sub-Treasury
for customs, internal revenue, cent redemp-
ton fund. etc. Sl9,515,400. The loss Sub
Treasury operations proper $15429O0. The total
gain from interior and gold S5.3G1. 100
The total loss on Sub-Treasury operations and gold
exports $5,G05500: so the net gain was s56l@0.
The feature this week the large gain the
interior which was more than sufficient to offset
the loss by gold exports. Customs collections
the five days were s2Sio.3Oo daily average of
$468 coo Last week the daily average $53l GOO.
Pension payments for the FIVE days. however were
only sS1S COO a daily average of $63oOO comparing
with daily average last week $685. coo This ex-
plains the loss Sub-Treasury operations proper"
CONDITION OF WINTER WHEAT-The winter
wheat crop has been greatly benefited by recent
rains In nearly all sections OF the West according
TO reports TO "Duns Review from branch offices
of r. G. Dun & Co. in the winter wheat belt. The
stand is generally quite good. though grain is
back ward and the production In States will
undoubtedly be curtailed in consequence of the
recent severe drouth and hot winds. Still. cond-
tons are row quite satisfactory. There are reports
of slight damage by the Hessian fly IN isolated and
widely scattered sections, but the damage is tring
Fields that turning yellow the dry. not
weather revived In the southern part OF
Ohio the plant is headed. but in the northern part
Of the State while the stand is good additional
moisture is needed In Indiana the recent rains
have helped the crop. which previously had retro
graded. Illinois the outlook is good although
in some sections the yield will be considerably re-
duced. In the greater part OF Kentucky and in
some parts OF Tennessee the crop IS retarded by
the drouth. which stl continues though I'm the
western part OF Kentucky recent showers have
greatly improved conditions. In Missouri and
Kansas there has been abundance of rain In
Northern Texas the crop is improved but in the
central and southern sections of the State Ubera
harvesting IS progressing the Weld is esti
mated at only two-thirds Of last year"
COOPER BANK.-The Cooper EXCHANGE Rank
will begin business in a few days at Seconds 81 and
Avenue \. 1t has paid up capital Of 800 600 md a
surplus @ $4,000 Samuel CiottheIf Is president
Theodore p Gilman ce-president and George
3. Knapp cashier. The directors are William, "