New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-11-18

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open market in London was trine more ao.se
STOCK LOAN QUoTATIoNs.-Loan quotations
were: Amalgamated Copper, Anacohoa' Ahei
Ice, Atchison common and preferred biooN''"
Rapid Transit, Colorado Fuel and lron Dea wac
and Hudson Erie common first and second pre-
fcrred Manhattan Missouri Pacific norfolk an"
Western Metropolitan Street Railway. People
Gas Reading first preferred. Rock Island ot fau''
Southern Railway preferred. southern "oIN'
Sugar Tennessee Coal and Iron. Union faeiiio 'oI
mon and preferred, United states steer oo"i o.
rreferred United States Leather preie'Ieo'
wabash prafArrsd SHELTERS common ana fepuohc
Steel common 4 per cent; Louisville ana Nash-
vile 3Ikd4 per cent: Baltimore ana oiiio ,s
and Canadian Pacific 3iz per cent fenSS 90,
2Is per cent; Western Union. per cent Ne" i0i ;"
Central 1Isa2 per cent; Smelters pFeieiie' 10.
I nor cent: American Ice preferred ana f'ePuDliC
s,ooI rreferred fiat and American Locomotive
preferred, 1-64 per cent
COLORADO FUEL AND lRON.-A Cliculdi '
inc a speciaI meeting of the COLORADO L uei anu
Iron stockholders announces that resolution VIII
he offered to amend the articles OF incorporate.
of the company by striking therefrom a provision vi
Article J. as the said article was amendtd Dy req
luton of the stockholders adopted july To- ~ ~
This article provides that so long as any Va 80
SIS 100000 debentures are outstanding no H0i
or other incumb-ance shall be placed upon any ol
Tho nronertv of the company nor shall any other
debentures be authorized or issued. or any othei
bonds except those provided for IN the nhol'saeeS
or deeds of trust outstanding July 1, lsVi' ana eA
cept bonds and mortgages to be authorlleu anu
issued to replace the bonds provided LOT i" sue"
mortgages or deeds OF trust. In case tne coip'''y
NAV desire to refund the same or any OF theih'
etc In the debenture agreement securing '"e
convertible debentures of the Coioraoo L ueI aiiN
Iron Company there is clause Similar " 80
and some of the debenture holders want 10 kho"
how the stockholders amending the artlcles VI VI
corporation can at the same time accomplish any
thing with respect to the debenture agreement
HEAVY ORDERS FOR STEEL RAILS--It is
announced that orders have now been placed Dy inc
railroads for between 100000 and 100000 tons OF
s:eei rails for delivery in 1904 This is about one
fourth of the total amount of the current year S
steel rail production. The orders are cohSiueIeu
as satisfactory when it is taken into account that
the railroads are acting with conservatism Is oIueI-
ing equipment for next year. The total production
of steel rails by all concerns making theIh last
year was about 100000 tons OF this amount the
United States Steel Corporation produced l'sOV'oV
tons The railroads. up to the present uHe' nave
been holding off in giving their orders until the
policy of the railn1akers been definitely settled
MOVEMENT OF MONEY.-The total transfers
of currency to the interior far this year
amounted to s1S275,OO divided rs follows: New-or-
leans, S0,3a ,GO; Chicago, $4,000; 81 LOUIS ana
other points, So $4,000 and 100000 to scattering
points The total transfers last year up to NO
vemter Is aggregated sl5436,o0 The banks losl
Monday $4,000 and since Friday lost $4,000 not
including yesterdays transfer of ASo.WD 10 New
Orleans Last week the banks lost up to the
close of business Monday. S2s41on- Inc SUD
Treasury was a debtor at the Clearing House
yesterday morning for $oS.6S7
PEOPLES GAS COMPANI'S INCREAoIt\H
EARNINGS-Interests close to the Peoples Gas
Company say that earnings since September 10
have shown remarkable gains. The enormous IN
crease in the sale OF gas last autumn in the coal
strike period has been excelled and the winter
months are expected to bring forth an immense
additional gain. Attention is called to the tact
that anthracite coal this year is selling very slowly
IN Chicago Wholesale yards and river docks
are simply glutted with the fuel. This condition
is said to reflect the great increase in consumption
of substitutes for hard COAL and that CHIEF among
these is gas.
LAKE SHORE BONDS.-It is officially stated
that no definite action has been taken with refer
ence to the marketing of the recently authorized
debenturc bond issue of the Lake Shore Railway
Company George c. Greene. of Cleveland. general
counsel Of the Lake Shore is in this city comforting
with officials regarding the bond issue. and other
matters pertaining to the corporation He viii
return to Cleveland to-day. 1t is understood how
ever that s400OOCOo of the bonds will be taken by
]. p Morgan & Co and $e.0oO0oo will remain in
the companys treasury.
TOLEDO. ST. LOUIS AND WESTERN.-The ad-
vance in Toledo. St. Louis and Western appeared
to be the result of n. report that the road would
be acquired by Lake Shore and that the s0.00o.0OO
bond issue recently authorized by the latter road
included provision for such acquisition 1t does
not appear, however that Lake Shore has made
any proposition for purchase of the property.
BALTIMORE AND OHIO-More than q per cent
of the sls4OO0OOo stock Of the Baltimore and Ohio
Railroad Company was represented in person or
by proxy at the annual meeting of the company
Monday in this city. 1t developed at the meeting
that the total number of shareholders had increased
60 per cent year ago, showing an increasing
absorption of the shares by the investing public.