New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-05-16
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
1000 shares in the local market, buying on Dal-
ance In London the principal activity was In the
mining market where stocks developed an ad-
vancine tendency On more favorable reports and
local brying Consols rather heavy and
other markets featureless. There was no
ticeable weakness in both Paris and Berlin ex-
changes on London. Money was appreciably easier
in Paris
CURRENCY MOVEMENT-Th principal move
rnents of currency for the week. compiled by
THE Wall Street Journal" indicate that ue
banks gained thereby 81 $500. They received from
the interior s. $780, 800 and sent to the interior SV-
800 of which $5OO00 transferred through ne
Sub Treasury to New-OrIeans. The gain from the
interior was s31S5,5Oo. Receipts of new gold were
81 25S 800 which $e51 700 was on New-York Assay
Office checks S2S5 600 on San Francisco Mint checks
and Geographic transfers. and $4,000 on Seattle
Assay Office checks Gold exports were a,503,40
in bars to Paris. The gold coin to be sent to Ar
gentina to-day will appear in next weeks cur
rency report The ordinary disbursements of the
Sub Treasury were SIS, 49, 700. Payments to the
Sub Treasury for customs. internal revenue per
cent redemption fund. etc. were NS53e6VO ana
ST. 600 was paid account of the Filipino gov
eminent for pesos coined by the United States
Mint. The loss on Sub-Treasury operations was
s. 900 The total gain from the interior and new
gold was s4.443SO0. The total loss by gold exports
and Sub-Treasury operations was S2564,3oo so the
net gain was SS79 500. The interior movement was
chiefly and from nearby and Eastern cities
There were some fairly large receipts from the
South and few small shipments to that section.
The movement was light from and to the West.
The feature of the Sub-Treasury operations was
the Filipino payment. Customs collections for the
week were S2S97.3O0 which is $4,000 less than for
the previous week; pension payments were $751;
900 comparing with $4,000 last week.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper, Anaconda, American
Ice, Atchson common and preferred, Brooklyn
Rapid Transit Baltimore and Ohio common, Colo
RADIO Fuel, Delaware and Hudson. Erie common.
first and second preferred; Louisville and Nash
vflle Manhattan. Missouri Pacific. New-York Cen
trail Norfolk and Western. Metropolitan Street
Railway Peoples Cas- Reading first preferred. Re
public Steel preferred, Rock Island, st. Paul.
Southern Railway preferred. Southern Pacific,
Sugar, Tennessee Coal and Iron. Union Pacific
common and preferred United States Steel
and preferred United States Leather pre-
ferred, Wabash preferred, Western Union, Cana
dian Pacific and Pennsylvania, 2G21A per cent
GRAIN EXPORTS-Brad street's reports the
ports for the week 1893 bushels. against
3201 $50 bushels last week and 5172634 bushels last
year Since July l. 195,60o 759 bushels against 224-
S39 1862 bushels last year. Corn for the week 1431-
257 bushels against ,709 bushels week and
S2795 bushels last year. Since July 1. 5S4n.916
bushels against % 738. $50 bushels last year.
STANDARD OIL DIVIDEND.-The Standard Oil
Company of New-Jersey has declared a dividend Of
81 share payable June Is. 1888, to stockholders of
record May % 1903. On the announcement of the
dividend Standard Oil offered down to 675, with
no bidders, and subsequently to Goo. The Standard
Oil quarterly dividend of ST compares with 800 de-
cared February &c. 1903. and $40 for the correspond
ing quarter 1902 The dividend record for a
number of years is as follows: In 1902 45 per cent
1901 48 per cent 1900 As per cent: 1899 80 per cent?
1898 80 per cent 1897 SO per cent; and from 1891 to
1895, u per cent per annum.
AMERICAN CAR AND FOUNDRY.-The Ameri-
can Car and Foundry Company has received new
orders for cars. follows: Missouri Pacific,
dining; Stearns Lumber Company 80 fiat; Chesa-
peake and Ohio 20 palace, and miscellaneous orders
for a cars.
NOT TO ABSORB CONSOLIDATED CASA
prominent member the board of directors of the
Consolidated Gas Company states that there is no
truth in the rumor which has gained currency re-
Gently that the gas company will be absorbed by
the Metropolitan Securities Company.
GOLD FOR ARGENTINA.-There was with
drawn from the Sub-freasury yesterday. for ship
merit to Argentina, N.250,0O0. OF this amount c.
Arlsinck & Co. ship $4,000 and George o. Gordon
agent for the London and River Plate Bank S5O0OO0
HUDSON COUNTY GAS COMPANY-Applica-
ton has been made to the Stock Exchange to list
Hudson County Gas Company $91S0Oc0 first mort
gage per cent bonds of 1919
TENNESSEE COAL AND IRON-The Tennessee
Coal and Iron Company is reported earning more
than Is per its capital stock and recent
inspection by the officials has shown all the plants
in excellent working condition