New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-20
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses deaIt IN
only few shares in the local market In Londoh
consols were lower the Russo-Japanese OUTDOOR
ANTHACITE COAL STOCKS.-The strength OF
the gft edged investment anthracite coal stocks Is
based on the appreciation of the strong showing
by the largest dividend earners in this group for
the ten months up TO October 30. director or the
New-Jersey Central stated this week that at
recent meeting of the board great satisfaction was
expressed the business done and that the COM
pany has approximately $000,O0 in cash on hand
At the beginning of this year extreme estimates
were that the Delaware and Hudson would make
earnings of between 20 and % per cent. The same
advance figuring was applied to the Lackawanna
The companies that make monthly reports OF the
results of operations. are not expected to make
favorable comparisons of net earnings for NoVem-
ber December and January, with the same months
last year.
THE COTTON MARKET-Accordins to The
Financial Chronicle" the total receipts of cotton
for the week ending December IS reached 29S,S72
bales against 325,350 last week and l4S the
previous week, making the total receipts since
September l. 1903. 464S,21 bales against 4,3Sl,S39
for the same period of 1902. showing an increase
since September /. 1903. of 256 4O2 bales Reports
from the South Indicate that while rain has fallen
in most sections during the week the rainfall as
a rule has been light. Temperature. however, has
ruled rather low at many points. Picking has
made good progress. and the movement of cotton
to market continues quite free.
SALES OF RAW SUGAR.-About 5000 tons Of
centrifugal sugar, basis SO test has been sold for
shipment from Cuba at the last selling price Of
5-32c cost and freight. is said that very little
more is for sale on the above basis. Planters
generally asking slice for shipment The local
range is unchanged on the basis of S9sc. for Sc test
centrifugal.
GOLD ARRIVALS.-The Cunard Line steamship
Iucania, which arrived from Europe yesterday
brought 81 365 341 gold. consigned follows: Ma
tional City Bank $Si6,S06; Lazard Freres. $S16335
to order $40 COO and James +. Ward & Co.. S29, 200
The arrivals so far amount TO s1691l.41. leaving
81 So still to arrive.
BANK CIEARINGS.-The total bank cIearings
of all the clearing houses of the United States for
the week ended December 10 were g OS6 26S $50
against $2.1s1 ,109 in the preceding week and
s. 85S, $40, PSI the corresponding week last year.
UNITED STATES STEEL PREFERRED-Th
early selling of Steel preferred appeared 10 come
largely from interests which buyers on Fri
day afternoon, and who were then believed to be
covering shorts. These sales were believed to have
been merely for effect.
SOUTHERN RAILWAY EARNINGS Earnings
December show gain of SIS. "a over the same week
81 422,352
GUARANTEED BIZ BROOKLYN HEIGHTS
COMPANY.-Brooklyn Union Elevated and ) per
cent bonds and Kings County Elevated per cent
bonds will be guaranteed three days in each
month by the Brooklyn Heights Railroad Company
at its office in Brooklyn. between a. m. and noon
The days on which bonds will be guaranteed for
the first SIX months of the coming year are as
follows: January s. 10 and %: February ) is and
26 March S. IS and 20 April s. 70 % May TO- 20
and 81. June TO- p and 90.