New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-05
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
$4,000 shares in the local market, buying $4,000
shares on balance in London. The general market
was without feature and consOls unchanged
Money was rather easier in Berlin, but the situa-
ton was unchanged elsewhere. Bar silver was
noticeaby weak making the most serious days
decline since the reaction from Esd
CURRENCY MOVENIENT.-The principal move
uents of currency this week, compiled by The
Wall Street Journal" indicate loss of S2S5,2oO in
reserve held by the banks They received from the
interior s. 766100 and sent to the interior Sl52SO0
Of which there was transferred through the Sub
Treasury 100000 to New-Orleans and $195QOO0 to
San Francisco The loss to the interior was $3S62O0
Gold imports $2.036,6O0 making the total from
Europe on this movement as reported by the Gus
tom House $797S500. Receipts of domestic new
gold were $1O74,60O namely. S1,OO60OO on New-York
Assay Office checks and 500 on Seattle Assay
Office checks. The Sub-Treasury paid in redemp-
ton of per bonds of 1904 $l175O0. Other dis
bursements by the Sub-Treasury were SlI,3y15uo;
payments by the banks to the Sub-Treasury for
customs internal revenue per cent fund, etc,
were $40 SIS 900 The loss on Sub-Treasury transac-
tons proper was $3,127.70O. The total loss to the
interior and Sub-Treasury was $3513900; deducting
the gain of So POS 700 from gold imports, domestic
gold and bond redempttons the net loss was $780,
200 The gain on the direct interior movement was
So 7s2 500 comparing with gain of 81 1880 in the
week ending November g. and a gain OF S5,bUo
in the week ending November 10, which was the
first gain on that movement since August ~. Inc
receipts were chiefly from nearby anu I1esteiA
points, but more than million dollars came from
the West and South, showing that the return from
those sections has actually begun
UNION PACIFIC.-Union Pacifc's earnings in
October were the largest months earnings in the
history of the company. Gross earnings amounted
to s. 675575 an increase of $792.77. 16 per cent
as compared with October, 1902 Net earnings were
81 9 an increase of $O0555, or l6 per cent The
increase in net earnings is the first normal in
crease so far this fiscal year. The total increase
81
while the increase in gross is S2,17S431. Il per
cent. As expenses of conducting transportation
are only about y per cent of gross. the normal
increase in net should be about S,00000O, allowing
for liberal maintenance charges.
GRAIN EXPORTS.-Rradstreet's reports the ex-
ports of wheat for the week at 4,2Ol 5O4 bushels.
against 1851, 767 last week and 5,70t4O last year
Since July l, 72929299. against n514l45l last year
Corn for the week, 109S951 bushels, against 1520,
9H last week and 3,79S,9lI last year. Since July l.
% Coz, ass bushels.
DIN'S INDEX NUAIBER.-Duns Index Num-
ber showing the course OF prices. with due regard
for the Importance of each article, was 223 on
December l, against S97.S25 a month previous and
$1oO.449 year ago The small rise of 40 cents dur
ing November in the annual per capita expense is
not important being less than half of 1 per cent.
but it has significance in view of the many indi-
cations that the tendency of prices has been down
ward While ii is true that more products de-
cIined than advanced. the greater relative mpor-
q
counts for the rise. Speculation in cotton, to-
gether with abnormally high prices for eggs and
other dairy and garden products more than offsets
numerous declines elsewhere.
MR.. KEENE'S POSITION.-It was said that
James r. Keene, backed by the Morgan influence
had a good deal to do with the sharp advance. The
oversold position of the Well crowd was thought TO
have given him good opportunity. and his opera
tions materially helped by good Morgan buy
ing orders all around.
AMERICAN LlOCOMOTIVE-The American Io-
connective Company has received new orders for To-
comotives follows: Central Vermont s. Pearl
and Leaf River /; Susquehanna and New-York l;
Duluth Missabe and Northern 6; Tehuantepec Ma
tonaI (of Mexico), t. and Michigan Central 6
CHICAGO GREAT WESTERN-Chicago Great
Western reports for October increase In gross OF
11A per cent and in net of ~ per cent The in
crease in four months is IA per cent in gross and
nearly 10 per cent in ret. The road has had about
all the business 1t could handle during the entire
four months. and owes the better part of its gross
increase to the fact that II is equipped to carry
traffic this year than last
CAPTAIN p NJ. LYDIG n MEAiBER-The Stock
Exchange membership posted for transfer yester-
day that of the late Jacob Havs II was
bought by Captain Philip Messer Lydig formerly
of the United States Army. There has been n
much improved demand for Stock Exchange mem
berships in the last few days
AMERICAN CAR AND FOUNDRY-Accor1ine-
TO THE Railroad Gazette the American Car and
Foundry Company has received the following nev,
orders: Southern Railway. postal cars; VandaIia
cabooses; Atlantic and Brming ham 0 coaches,
New-York Central. 1bO freight cars. and misceI,
laneous orders for cars
GOLD IMPORTS.-Tht National city Rank an
gagged $4,000 gold at London for import here The
International Banking Corporation announces that
II has engaged an additional 10000 gold ven from
Japan.
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