New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-11-28
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
200 900 shares in the local market mostly purchases
In London the copper stocks were inclined to sell
off, but the mining issues were hard and consols
rather higher at SS7s. Money was in fair de-
mand abroad and Paris exchange London
showed special strength sufficient to indicate that
demand for gold might be diverted from Lon
don to that centre
CURRENCY MOVEMENT.-The principal move
ments of currency this week, computed by The
Wall Street Journal indicate gain of 81 $50 500
in reserve held by the banks. They received from
the interior $40151OO and sent to the interior 3d.
$500 of which there transferred through the
Sub-Treasury 100000 to New-Orleans and 100000
to San Francisco The gain from the interior
800. This is the first gain from the interior
reported since the week ending August o. 1903.
Gold imports So 800; $685. 900 United States
gold coin, 1894 200 in foreign gold coin and s. $50
in bars. Receipts of domestic and Klondike
gold were $S56,100; namely. $751; 800 on New-YOrk
Assay Office checks and $3S, 200 Seattle Assay
Office checks. The Sub-Treasury paid $214S00 in
redemption Of ) per cent bonds of 1904. Other dis
bursements by the Sub-Treasury s15.019 800;
payments by the banks to the Sub-Treasury for
toms internal revenue per cent redemption fund.
etc. ST. The loss Sub-Treasury opera
lions proper s2174 200 The total gain from the
interior gold imports, domestic and Flondike
gold and bond redemptiOns $4.S33 700; deductng
the loss of s2,17420O on Sub-Treasury operations
proper, the net gain 81 500 The gain the
direct interior movement was S1.532. 500. The flow
of currency to the South and West account OF
the crops practically Transfers through the
Sub-Treasury to New-Orleans are expected to
tinue until the sugar crop made direct ship
ments to the interior will for the few weeks
be comparatively light This weeks receipts came
chiefly from nearby and Eastern points, and most
of the shipments were to banks in the
ton. Some OF the currency that was sent to such
banks last week came back this week in the orig
nal packages.
STOCK TOAN QUOTATIONS Liam quotations
were: Amalgamated Copper, Anaconda American
Ice, Atchison common and preferred, Delaware
and Hudson Erie common. first and second pre-
ferred; Louisville and Nashville. Manhattan. Mis-
souri, Pacific, Norfolk and Western, Metropolitan
Street Railway. Peoples Gas. Reading first pre-
ferred. Rock Island St Paul. Southern Railway
preferred, Southern Pacific, Sugar. Tennessee Coal
and Iron, Union Pacific common and preferred,
United States Steel common and preferred United
States Leather preferred, Wabash preferred Smelt-
ers common, and Republic Steel common. 515 per
cent; Baltimore and Ohio common. Canadian Pa
cifc, and Colorado Fuel and Iron per cent; New
York Central. 4d41R per cent: Pennsylvania, ~
per cent; Western Union per cent; Locomotive
preferred, Sal per cent premium; Railway Spring
preferred. 1sq1-6 per cent premium; International
Paper preferred, 1872 per cent premium; Republic
Steel preferred. 1-64 per cent premium; Linseed
preferred, Il per cent premium; Car Foundry pre-
ferred 1-S2 per cent premium. and Shelters pre-
ferred iatQ2-56 per cent premium
SOUTHERN PACIFIC-Southern Pacific again
showed strength buying OF practically the same
character that of the past The savings
in operating from the Salt Lake cutoff were the
principal topic of conversation. and were placed
by some people at s1.o00O00 a month; while the
release of locomotives and cars used in the con-
struction was also regarded an important point
GOLD IN LONDON.-A London dispatch saws
that the strength in gold that centre in the open
market is on the expectation of further American
demands and perhaps some inquiry for Continental
account. The amount expected to arrive next week
from South Africa and other sources is about
sS0OO.O00. The Campania takes $4,000 on Saturday
for New-York.
WABASH.-Wabash reports for October an in
crease of over II per cent In gross and per cent
in net, nearly the entire increase in gross being
absorbed by increase of II per cent in operating
expenses. For the four months the road reports
increase of 16 per cent in gross and over IL per
more closely the policy of the road than does the
October statement
GRAIN EXPORTS-''Bradstreet's reports the
exports of wheat for the week at 3.S5l767 bushels
against 297i277 bushels last week. and 4I796S5 last
year Since July l. 6727.795 against 1O9 49, OH last
year Corn for the week. 152O9H bushels against
lSSl.e25 last week and 255.14 year Since July
l, 25O3,5S5 bushels. against 264S354 last year
ATCHISON'S BIG EARNINGS.-Gross and net
earnings of the Atchison system in October were
the largest ever reported by the company for any
month in it's history. Gross earnings were 81 7e O9
increase OF s665095 the same month last
year. and net earnings increased 1886 O99 From Iulv
gross earnings have increased s.. no and net
earnings A.5S2442-
COAL SHIPMENTS-CoaI shipments over the
Pennsylvania lines east of Pittsburg and Eric for
the week ended November p. were $50 7ss tons: for
the year to date. aooi.4ss tons. against s4gs74S