New-York tribune., 1903-07-30
WALL STREET AND EXCHANGES.


900 shares in the local market mostly purchases.
American stocks in London showed firm tone
with advancing tendency after some early IN
certainty caused by the announcement of two fail
ures neither Of them of much importance. Quo
tations generally i TO p per cent above
parity Consols at 9114 recovered per cent on the
improving outlook in the Far East Money was
fairly easy in all the European centres. and there
were no changes in exchange quotations.
STOCK LOAN QUOTATIoNs.-Loan quotations
were Anlalgsmated Copper Anaconda American
Ice Atchison common. Atchison preferred, Brooklyn
Rapid Transit Baltimore and Ohio common, Colo
rado Fuel Delaware and Hudson, Erie common, first
and second preferred, Louisville and Nashville
Manhattan Missouri Pacific, Norfolk and Western.
Metropolitan Street Railway, Pennsylvania, Peo-
pies Gas. Reading first preferred. Rock Island St
Paul. Southern Railway preferred. Southern Pa
eifc Sugar. Tennessee Coal and Iron, Union Pa
cific common and preferred, United States Steel
common and preferred. United States Leather pre-
ferred Wabash preferred Western Union per
cent Canadian Pacific fiat and New-York Central
1 per cent.
MARKET GOSSIP.-The afternoon reaction IN
Rock Island probably represented little expert
mental hammertng by traders. The theory, of
course was that the control was already we'll COM
rnitted in Chicago and Eastern Illinois and st
Louis and san Francisco. and might in the pUr
chase of Evansville and Terre Haute and possibly
in that Of Des Moines and Fort Dodge also have
taken on more responsibility than lustifable
in such money market. II was pure guess and
there did not seem 10 be any long stock coming
out The We'll crowd selling Atchison in the
early afternoon. The buying in Southern Pacific
has not been fully explained, but looks very good
The people who think it is still worth what Union
Pacific gave for II have a standing which gives
considerable force to their attitude. Halsted &
Hodges had the principal buying order in Evans
Vile and Terre Haute and in spite OF the advance
on the day, did seem to have secured all the
stock they wanted. Good judges think that the
Rock Island people have secured a bargain espe-
cially they came very near paying a much
higher price not long ago. The Standard Oil people
were picking up a little stock around the room in
a leisurely way. but the market did not seem to
need special support. Jacob Field was a heavy
buyer of Southern Pacific.
ST PAUL-There is good authority for the state
ment that block of about 10000 shares of St Paul
common stock was delivered TO one member Of the
Standard Oil party within the last few DAYS That
other blocks went to kindred interests is col!sd-
cred likely and is Hot Inconsistent with the charac-
ter OF the buying The purchase of 10000 shares
by III position to be acquainted not OILY with
81 Paul affairs. but with the general financial and
business outlook. cannot be regarded otherwise
than as an encoura ging indication.
ltAEHATTAN-The earnings of the Manhattan
Elevated are increasing loo d day as COMPARED
with last year and the outlook now is that the
company will earn 10 per cent this fiscal wear
nal king handsome surplus TO go TO the Iessees
who have put up 100000 to secure the Manhat-
tan's lease rental Manhattan is steadily going
into the TN BOXES OF INVESTORS ana tne number Of
investing stockholders shows an increase of IA
in the last three months. and they represent a
total Of 800 shares purchased and laid away In
the last forty days nearly POO stockholders have
been added 10 the list.
DISTILLERS SECURITIES CORPORATION
The preliminary figures for the year of the operating
companies OF the Distillers Securities Corporation
are at hand, and show that the company
will have between 100000 and $4,000 surplus after
paying the bonded interest and the full per cent
dividends on the company's stock The figures viii
also show that the company has quick assets on
hand III the way OF cash. materials and accounts
considerably in excess of the entire authorized
bond issue Of 100000. The bonds already issued
however. are less than sl4OOOOO0 This would leave
the stock OF the company represented by its real
estate. a hundred manufacturing plants and dis
tributns houses brands and trade marks