New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-10
WALL STREET AND EXCHANGES.


FOREIGN TRADING.-Foreen houses dealt in
5000 shares selling 2OO0O shares balance. The
mining stocks the feature OF the London mar
ket and showed a general declining tendency on
local selling. There no confirmation for the
runor of fancial difficulties in that market. but
the position is admitted to be good deal strained
American stocks opened weak but improved a
little. end consols were only shade basier at SS.
The Copper stocks showed a good deal of strength.
There net much feature in the rates for money
in the open market. but Berlin exchange on London
strong
CURRENCY MOvEMENT.-The principal move
ments Of currency this week, compiled by 1.-The
Wall Street Journal" indicate a gain Of s237,100 in
reserve held by the banks They received from the
Interior s334750 and sent to the interior $ 24 400
OF which $4,000 was transferred through the Sub
Treasury to New-Orleans. The loss TO the interior
s1.955@O. Receipts of gold 81. $50. 500
namely. 500. 800 New-Yorx Assay Office checks
$500 San Francisco Mint checks and tele-
graphic transfers. and S5S25o0 Seattle Assay Of
fee checks The Sub-Treasu~y paid s55S2O0 in re-
demptiOn OF per cent bonds Of 1904 other dis
bursements by the Treasury were $50 239 CO. the
banks paid TO the Sub-Treasury for customs in
ternal revenue. per cent redemption fund retire
ment of circulation. etc. S2o.5l4O10. The loss
SubTI easury transactions proper was S275OC0. The
total gain from gold and bond redemption
So 9o0; deGuctng the losses to the interior and
Sub-Treasury of 22l1.900. the net gain S2371g0
STOCK LOAN QUOTATONS.-Loan quotations
Ice Atchison preferred Brooklyn Rapid Transit
Delaware and Hudson. Erie common. first and sec
ond preferred. Manhattan. Missouri Pacific. Norfolk
and Western. Metropolitan Street Railway. Peoples
Gas. Reading first preferred Rock Island. ST. Paul.
Southern Railway preferred. Southern Pacific
Sugar, Tennessee Coal and Iron. Union Pacific COM
mon and preferred United States Steel Common.
United States Leather preferred and Wabash pre-
ferred, per cent: Baltimore and Ohio common.
Canadian Pacific, Colorado Fuel and Pennsylvania.
Nashville and United States Steel preferred. 1IzQ2
per cent: United States Realty common and pre-
ferred. American Ice preferred and Western Union.
fat: Republic Steel preferred. 1-64q1-12S per cent.
and Locomotive preferred. 100 per cent.
AMALGAMATED COPPER-The heavy selling
Of Amalgamated Copper by A. Loeb & Co. probably
10 the amount Of 1860 shares. the feature OF
the morning trading in that stock Dominick &
Dominick took good deal of it. and the Boston
houses which have been bearish good buyers.
There is some reason to think that the selling in
Republic Steel preferred and Amalgamated Copper
came in part from interests rather closely asso-
Ciated with American Smelling. 1t is possible,
however. that some Republic Steel sold was one Of
the consequences of the United States Shipbuilding
fiasco
AMERICAN CAR AND FOUNDRY-'.The Rail-
road Gazette" says the American Car and Foundry
Company has received new orders for fol-
lows; Nandalia. eight cabooses; Grand Rapids and
Indiana. thirty gOndolas Richmond. Fredercks-
portaton Company. 1OO refrigerators: Schwarzschfd
& SUlzberger Packing Company. 100 refrserators
and miscellaneous orders for 120 cars Missouri
Pacific has ordered worlds fair train from the
company. consisting of one vestfbule car one COM
bination baggage aud express car. one first class
coach. one second class coach one chair car and
one dining car
READING.-If the Reading directors declare a
dividend on the second preferred next week it will
be the first ever paid on these shares The Read
ing Company earned enough money in the last
fiscal year TO pay full per cent on both classes
OF the preferred stocks and nearly as much on the
common stock. and during the first two months Of
this year there has been gain in earnings over
ordinary months. and. Of course. great gain over
last year
KANSAS CROPS.-The estimate Of the Atchison
"H'ers is confirmed by other railroad men-that the
Kansas crops will bring the largest money ever re-
ceiVed ny the farmers of that State. The whea Z
crop Is 100000 bushels and the corn crop 100000
bushels, and both are OF excellent and hard ouaI-
ltN. Last year the corn crop of the United States
was large. but was soft in spots and soft kernels
spoiled many cargoes in trdnsporta ton. This wear
the corn crop is estimated AZ about . 600 600 90
bushels and the railroads say 1t is maturing in
better shape than last year
NORTHERN SECURITIES COMPANY - Tho
Northern Securities Company has declared dtvi-
dend OF Is per cent on the capital stock. pavabls
November q '"@, TO stockholders of record on that
date
APPLICATION To INSTRUMENTATION has bean
made to the Stock Exchange by the Iackav,a,,,a
Steel company 10 list $l3500c additional hrst mort
gage per cent convertible bonds of 1929