New-York tribune., 1903-03-06
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
nmn shares in the local market, mostly sales In
the London market cOnsolS were steady, and the
general market rather heavy. The Bank OF
England did not change its rate and made an In
different return. showing n substantial loss IN
bullion on the week and relatively low proper
ton Of reserve to liabilities. Money tended harder
In both Paris and Berlin. Exchange on London IN
Berlin easier. but the Paris quotations showed
strength.
MARKET GOSSIP.-Harriman interests support
ed their stocks. and good class OF buying was
noted throughout the list the decline. Reports
Of an injunction against Union Pacific control Of
Southern Pacific hurt Union Pacific stock; also
foreign selling. Manhattan was not helped by the
dividend announcement Tho weakness I'm the
Gould stocks was taken rejecting the attitude
of that party toward the market. and had some
general unfavorable effect 1t is thought that the
Gould interest has further concern in the mar
ket movements of Wabash. and the absence OF pro-
lection there led to liquidation elsewhere some
good Chicago selling of Rock Island was reported
It was suggested that In the present state or the
money market the announcement Of the arrange
ment with St. Louis and San Francisco might be
considered indefinitely postponed. Southern Paclnc
was weak, in spite Of the announcement that a CIR
,uIar had been issued by the managers Of the pool
ca ling for the of the members stock on or
before April l. The idea that such return could
he enforced ridicu1ed. and the best opinion
was that the largely for speculative
purposes. Tho sale or some 10000 shares by W. H.
~
tho decline in that stock. The selling was con-
sidered good. 1t estimated that H. Content
and others presumably operating for the same
cIique sold aNOU shares Of various stocks. said to
he for the account of Mr.. Keene
STOCK LOAN QUOTATIONS.-Loa quotations
were: AmaIgamated Copper, Anaconda, American
Ice AtchisOn common and preferred. BROOKLYN
Rapid Transit and Baltimore and Ohio common
nor cent: Canadian Pacific. 324 per cent: Colorado
Fuel Delaware and Hudson Eric common, first
and nd
Nashville Manhattan. Missouri Pacific New 4ork
Central. Metropolitan Street Railway. Norfolk ana
Western PeopIe's Gas Reading first preferred. Re
pubIi., Steel common and preferred. Rock Island
St Paul. Southern Railway preferred, Southern Pa
cfc Sugar. Tennessee Coal and Iron. Union Pa
cifc common Union Pacific preferred, United states
Steel common and preferred. United States Leather
preferred Wabash preferred and Western Union, 4
per cent.
MINING DIVIDENDS.-"The Engineering and
Mining Journal will say in its issue of March 1:
The dividends distributed during February by cor
rorations identified with the mineral industry ot
the United States were the largest In five months
Tn all thirty metal mines and industrial COM
panics paid total Of $l3 009S0 and of this amount
s. 497 was the regular quarterly dividend of Ia
per cent on preferred stock of the United States
Steel Corporation. The Steel Corporation has de-
c1ared in one year and nine months dividends ag-
grcgatng $SS 30O5JS d total issued capital stock
of n.O18S39.SOO The dividends declared by the
Standard Oil Company in the same period amounted
to S7S3oOOO on an issued capital of $S7OO0oO0. the
latest being payable IN March at the rate OF 50 per
cent n year or % per cent quarterly
MANHATTAN EXTRA DIVIDEND. Manhattan
directors have declared quarterly dividend OF
Il. per cent. and extra dividend Of 1 per cent
The last preceding dividend declared was IL per
cent. The dividend of 1A per cent covers the
quarter ended March 81. and the extra dividend of
per cent will paid Of surplus earnings from
nine months ending March 81.
AFFILIATIONS To I.IST.-The Syracuse Light
Ing Company has made application to the Stock
Exchange list the following securities: Two
million dollars first mortgage per cent bonds of
1851: 100000 per cent non-cumulatve preferred
stock, and S5.O000OO common stock. The Atlantic
Coast Line Railroad Company has applied to list
s3t 034 ON first consolidated mortgage I per cent
bonds of 1852, and So. $50 COO common stock.
MISSOURI PACIFIC INCREASES FREIGHT
cARS-It is understood that the Missouri Pacific
Railway Company has been increasing its freight
cars at the rate of about 200 day. This viii
guarantee a further increase In the net earnings
of the Missouri Pacific Company for the month
MONTREAL AND BOSTON.-The books OF the
Montreal and Boston Copper Company closed yes
terday and will open on March II. The annual
meeting will be held March is.