New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-30
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
5000 shares in the local market selling on bal
ance. The London market a certain ex-
tent affected by the fear that the settlement would
reveal some weakness. in view Of the decline all
around. although any serious disturbance was not
expected. Cousols after touching ST. their lowest
figure so far. rallied to ss, which is net decline
Of = per cent. American stocks. for the most
part sold of 4 TO q per cent below price, but
the rally Of ~ per cent in Pennsylvania was sig
nilcant. There was feature money ex-
change in any Of the European centres
MARKET GOSSIP.-The Gould brokers were
good buyers IN the day Of stocks in which the But
Ter pool used TO operate. Missouri Pacific in par
ticular benefited by the buying of this character
The general effect was good as confirming the be-
lief held in the room that the Standard Oil inter
est behind the recovery. The rally III the
railroad equipment issues was an encouraging feat
ure. as they have been under rather heavy fire
throughout the decline. The easy recovery in Gen
e-al Electric was satisfactory indicating about
the end OF the liquidation in connection with the
disturbed traction situation. The old pool in
Brooklyn Rapid Transit is probably thoroughly
lqUidated. and two smaller but still important
pools have been got of the way also. BOs-
ton operators. who rather extensive holders Of
traction stocks. bought freely. The number Of
sales Of Steel bonds. sellers three days. In
teresting indicating that some members of the
underwriting syndicate would pull out. and eX-
pected TO have the bonds TO deliver by Friday at
the latest. The room never treated seriously the
rumore1 resignation OF President Cassatt of the
Pennsylvania Railroad. and. indeed. traders very
frankly said that they would not regard Standard
Oil control IN that property bull argument.
The Western shorts probably did most OF the buy
ing in Atchison, as good deal of stock re-
turned which had been borrowed by that group.
STOCK LOAN QUOTATIONS.-Loan quotations
We're: American SmeIters common. Anaigamated
Copper. Anaconda American Ice, Atchison pre-
forred Brooklyn Rapid Transit. Colorado Fuel.
Delaware and Hudson. Erie common first and sec
ond preferred. Louisville and Nashville Manhattan
Missouri Pacific. Norfolk and Western MetropO-
tan Street Railway. Pennsylvania Peoples Gas.
Reading first preferred. Rock Island, St. Paul
Southern Railway preferred Southern Pacific.
Sugar. Tennessee Coal and Iron. Union Pacific COM
and preferred, United states Steel common
End preferred. United States Leather preferred
and Wabash preferred, = per cent. Atchison com
mon and Baltimore and Ohio common 1l.aa per
cent American Ice. United States Realty common
and preferred. Western Union and New-York Cen
trial. nat American Locomotive preferred and Re
public Steel preferred LEA; Canadian Pacific. IL
per cent.
MEXICAN CENTRAL INCOME BONDHoLD-
ERS-At meeting OF Mexican Central Railway
income bcndholders. at the Office Of James Harold
Warner, counsel. No. 40 Wa-st.. the following
committee was appointed TO act protectively for
the bondholders and call for the deposit of bonds
from tFose who are dissatisfied with the offer OF
the company made through the Ladenburg. Thai
mann & Co. syndicate: Benjamin r Tracy. chair
man; Sidney J. Smith. Otto Barnard J. w Hen
ming D. ;. Ramsay. y. W. Jordan James Harold
warner and D. ". Dusmore. Tomorrow f. ,he
last day in which holders Of the Mexican Central
Railway. Limited. first and second consolidated in
come bonds and registered income bonds may de-
posit them under the offer OF conversion dated An
gust 10 1903. by Ladenburg. Thalnann & Co
UNITED STATES STEEL-In connection with
'he recent heaVy decline in United States Steel
common stocks, man who watches the iron and
steer situation was quoted yesterday as SAVING
that while he mas not received any definite in
FORMATION he would be at all surprised II
much Of the heavy buying on the decline was in
connection with a plan 10 retire the considerable,
part OF this issue.
HEAVY BUYERS OF STOCRS-The largest
buying OF stocks was by the Hartman Kuhn
Loeb Co. and Standard OIL interests Housman
& Co. + & g Randolph and Content & Co were
heavy buyers OF United States Steel Pennsylvania
and Reading
SUB-TREASURY OPERATIONS - The s,b
Treasury transferred for banks S3Z5OcD TO New,
Orleans. The Sub-Treasury receipts on bond 70.
desnption account amounted to Ss2aa