New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-24

FOREIGN TRADlNG.-Foreigh houses oe"'' "
10000 shares i'm the local market selling 1000 shares
balance In London Consols at sstl lost !. per
cent. The Bnnk of England reported rather
heavy loss In bullion on the day and moneJy ,, mc
in insurance premiums on vessels Tor the Far East
mnde by the underwriters at Lloyds nad , - ten r
dercy in Berlin
CURRENCY MOvEMENT-The principal move
ments of currency this week, compiled by II ne
Wall Street Journal" Indicate a loss of $93i"o !"
reserve held by the banks They received lro''
the interior 81 2s9s00 and sent the interior s'
4Hs00. of which there transferred through 'Ii
Sub-Treasury s1.275OO0 to New-Orleans and sooo.Vv
to Baltimore. The loss to the interior was SS'lo1
Receipts OF new gold were 81 1850. namely sSo.Vo
on NewYork Assay Office checks, s6ol.soo on oa'l
Francisco mint checks and Geographic transfers
and S337.5oo on Seattle Assay Office checks ne
Sub-Treas;ry paid $3.50 100 in redemption al . Sc
nents S9.920s0o. The banks paid to the SUP,
Treasury for customs. internal revenue. per cen.
transactions proper was ssOsco The total loss to
the interior and subTreasury was $6os ST. s ue
bond purchases the net loss was 1881 900. me
s. 600 WAS sent to Baltimore to strengthen the
position Of the banks there. Shipments Oh III
Of this season. aTomntin t.e 10 about a2Go in
Guiding transfers through the sub-Treasury no 10
West continued light; about 100000 was sent tho 70
and Eastern banks with some small amoitSs sra
the West and South sent here TO cover exchanset;
for any week since the one ending October 3. 1901
when they were @157.300
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda. American
Ice. Brooklyn Rapid Transit. Delaware and Hud-
son, Erie common, first and second preferred. Man
haitian Missouri Pacific. Norfolk and Western
Metropolitan Street Railway Peoples Gas Read
ing first preferred Rock Island. ST Paul Southern
Railway preferred, Southern Pacific. Sugar, Ten
nessee Coal and IrCn United States Steel common.
Wabash preferred per cent; Atchison common
Union Pacific common. 11202 per cent; Atchison
preferred. Baltimore and Ohio common Canadian
Pacific. Colorado Fuel, Louisville and Nashville,
Pennsylvania. Union Pacific preferred, United
States Steel preferred. United States Leather pre-
ferred ~ per cent; United States Realty common
and preferred. American Ice preferred. western
Union American SHELTERS common and preferred,
fiat; Republic Steel preferred Locomotive preferred
1-6i per cent, and New-Iork Central, per cent.
INDUsTRIALs VS. RAILROADS.&C. leading in
vestment interest IS quoted in The Wall Street
Journal follows:
am buying low priced preferred stocks of in
dustrials which I tisfied cOnservatively
preferred stock dividend requirements after proper
charges for depreciation. bad debts; etc 40 this
reflected in the Industrial stocks quickly as In
servativeiy managed. Conducts its business upon
basis to prevent competition and has assets back
Is a fairly safe proposition.
AMALGAMATED. - Trading in AmaIgamated
Copper shares active, and in the first hour A.
a. HOusman ard II. Content were conspicuous on
the buying side. each taking about 1900 shares.
W. b. Mack and Pearl also buyers. Among
the sellers J. NJ. Shaw 1000: De Witt & Co.
1000; Pepper & Sterrbach. 1000. and Body leo.
The buying of Amalsanatcd Copper by II. a. Har
credited to the LewisOhns. IL doubt
meant to be. They seemed to be getting the stock
without much difficulty.
REPUBLIC IRON AND STEEL NOT To RE-
DUCE DIVIDEND.-The report which emanated
from New-York that the directors of the Republic
Iron and Steel Company. following out the United
States Steel Corporations policy of retrenchment.
stock. met emphatic denals by officers of the COM
pany in Chicago.
PROTEST FROM NETWORK PRODUCE EN-
CHANGE MEMBERS-A petition is being circu-
lated the Produce Exchange among the New
York members who also connected with the
Chicago Board of Trade. protesting against the
latter's proposed plan to discipline all members
found guilty OF dealing In privileges In outside
markets.
GRAIN ENPORTS.-'B radstreet's'' reports the
exports of wheat for the week at $50 bushels.
against 2.Sc5,6o last week and 7O6o137 last year.
Since july I. 1852 49, against S3,s263l9 year.
Corn for thu week l.S9.SSj bushels. against l. no.
Az last week and 4564 last wear Since July l. IL
tS0,5SI bushels, against 1,5IS.Sio.
AMERICAN CAP AND FOUNDRY.-An agree
ment has been reached between the officers OF the
American Car and Foundry Company and seven
hundred striking employees. The company granted
increase in wages to the men Of from TO Il
cents day.
A DlRECTOR.-At meeting of the Board of Di-
rector3 of the Lawyers Mortgage Insurance Com
pany. held October 81 Alvin W. Krech president OF
the Equitable Trust Company. was unanimously
elected director.