New-York tribune., 1903-04-02
WALL STREET AND EXCHANGES

FOREIGN TRADINCI.-FOrelgn houses dealI III
10000 shares in the local market. buying l9'Ooo
shares In London consols were frmer, at 90ss. and
the leading stocks quiet. but firm Money was
rather easier In London, and 1t was thought not
improbable that the Bank of England would reduce
its rate as all arrangements for the April disburse
1nents had been made and money was likely TO De
come plentiful in the second week in this month
Bar silver noticeably firm
STOCK LOAN QUOTATIONS.-Loan quotations
were Amalgamated Copper Anaconda, American
Ice Atchison common and preferred, Brooklyn
PaDid Transit Baltimore and Ohio common, Cam
adian Pacific Colorado Fuel. Delaware and Hud-
SON. Erie common, first and second preferreo
louisville and Nashville, Manhattan, Missouri Pa
cthc New-York Central Metropolitan Street Rail-
vav Norfolk and Western Peoples Gas. Reading
first preferred Republic Steel common and pre-
ferred Rock Island, st Paul. Southern Halfway
nreferred Sugar, Tennessee Coal and Iron. Union
Pacific common and preferred. United States Steel
common and preferred United States Leather pre-
ferred Wabash preferred Western Union. S12q6
per cent and Southern Pacific fat.
AN EXCHANGE Export" Buff
<alo writes to ask how he shall handle his
exchange on shipment to Europe in case the In
land Transportation Company will bill the ship
nent only to the seaboard As a fact all the rail-
roads have export rates, and will bill to forelgn
ports; but If railroad refused to bill beyond the
sea aboard all that would be necessary would be 10
consign the goods to the steamship company by
which they to be conveyed across the ocean
for delivery to the consgnee at the point of destl-
nation The steamship company would receipt 10
the railroad. and therefore the railroads receipt
Obill of ladng) would be sufficient acknowledg-
ment to attach together with other documents to
the draft (bT of exchange) drawn against tho
goods or rather the consignee abroad Fhe
bill would thus be in condition to be negotiated at
the inland place of origin
UNITED STATES STEEL CORPORATION.-It
Is estimated that the net earnings of the United
States Steel Corporation for the month of March
were in excess of S100O0Oo and that for the three
months of the calendar year-January February
and March-they approximate S2s0oocoo. as com
pared with $25.COoO00, in round numbers. for the
corresponding quarter of 1902
COLORADO FUEL BONDS.-The Colorado Fuel
bond issue was liked In speculative circles and
was a distinctive disappointment to people who
thought that the concerns requirements had been
amply provided for by the convertible bonds. 1t
was thought that the issue would be a first mort
gage on the small railroad property owned. but the
value of that property was understood TO depend
entirely the amount of business Colorado
Fuel would give it
IACKAWANNAS RESORT BOOk.-The Della
ware Lackawanna and Western Railroad has is
sued its usual annual publication descriptive of the
mountain and lake resorts along its line from New
York to Buffalo and on its various branch lines en-
terng New-York. m addition to the regular sum
er resort information. which is usual interest
ingIy told. the book contains an entertaining love
story. called For Reasons of State"
INTERESTING RAILROAD MAP. Joseph
Walker & Sons have prepared for distribution a
valuable map on which are shown the various
lines of New England railroads the stocks OF
which are guaranteed by the Boston and Maine.
New-York. New Haven and Hartford and the Bos-
ton and Albany Railroad companies. There are
thrty-six railroads in New England the stocks of
which arc guaranteed by the companies named.
The map furnishes most excellent Typographical
view of the railroad situation down East
WESTINGHOUSE MACHINE COMPANY.-The
Westinghouse Machine Company has issued cir
,.ular to stockholders informing them of the pro-
posed increase in the capital stock from $1,000 900
to s5.Oo0OO0, For the year ended March II. 1902,
the net earnings of the company were 1888 254 For
the nine months ended December 81, 1902 the earn
ings were S673,s23
FURTHER REDUCTION IN SUGAR. The
American Sugar Refining Company has made a
further reduction of points in it's list price for
refined sugars which Is now 4.65 net Howell has
reduced list prices 10 points. 4sG net. Ar
buckle $50 net. less per cent cash.
NEW WALL STREET FIRM.-George Parmlv
Toby. Paul Lamarche and Cantine T scoville have
formed copartnership under the firm name of
Toby Lamarche & Scoville. for the transaction OF
a general commission business in bonds stocks
miscellaneous securities. bank and trust company
stocks
LOUISVILLE AND NASHVILLE.-Ciross earn
fngs of the Louisville and Nashville in February
increased SS75el4 and earnings increased si71-
ia. comparison being made with the same time a
year ago. From July l gross earnings have in
creased sSo2S.679 and net earnings S1s1. .S67.
". r. LEEDS RETURNS William B Leeds.
president of the Rock Island company, who has
been in Florida for several weeks has returned to
the city.
F.. r. THOMASS PLANS.-The Stock Exchange
firm OF Post & Co. IL ANNOUNCED yesterday
has taken over the business of Thomas s. Thomas
of No. Il Broadway 1t is understood that h. r.
Thomas OF the latter firm. intends to devote his
entire attention in future 10 the MANAGEMENT of
the estate o. his father. the late General Samuel