New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-09-22
WALL STREET AND EXCHANGES.


25.o0l shares in the local market. mostly Tur-
chasee. In London the general market was firm
in spite Of a rather heavy tone in the copper is
sues and consols We're rather stronger at 81
There was no feature i'm money or exchange in any
Of the European centres. although the tone of
money in the omen market continued firm every
where. Bar silver was notiCcably strong.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalsamated Copper. Anaconda, American
Ice Atchfeon preferred. Brooklyn Rapid Transit
Isrie common. first and second preferred; Louis
VILE and Nashville Manhattan. Missouri Pacific
Norfolk and Western. Metropolitan Street Railway
PENNSYLVANIA. Peoples Gas. Reading first preferred
Rock Island Southern Railway preferred. Southern
Pacific. Sugar Tennessee Coal and Iron. Union
Pacific preferred United States Steel common and
preferred United States Leather preferred. and
Wabash preferred. > per cent, Atchison common
and Union Pacific common. 1l-02 per cent, Balu-
more and Ohio common, Canadian Paci1', Colo
RADIO Fuel. Delaware ard Hudson and st. Paul Ia
per cent. United States Realty common and PEE
ferred and Western Union, fiat; American Loco
motive 1-32 per cent, Republic Steel preferred,
l-6i per cent, and American Car and Foundry,
10 per cent.
TO ENLARGE MOUNT CLARE SHOPS.-A con-
tract has been let Edward Brady & co. OF Balti-
more nv the Baltimore and ONO Railroad Com
pany for still further increasing Oh" capacity OK
the Mount Clare shops. The cost will be- about
SIS coo ana machine tools worth nearly Nu3eO have
been bought The capacity of tho Mount Clare
years.
SILVER Up N LONDON.-Accoriius TO au-
thoritieS on silver. the sharp advance OF sd To
.d i'm the price Of bar silver at London yesterday
was primarily due to fresh demand for silver for
the French Mint About three weeks ago it be-
came known in London that France would require
about 10000 ounces of silver 10y October Tor
coinage purposes. In anticipation or TINS demand
London began to accumulate the metal but the
United States Government recently came back INTO
the market as purchaser of silver 10 the extent
of nearly 10000 ounces "a week and has oeen an
sorbinE a good portion of The home product so jn't
London has been receiving very LITTLE American
silver As a consequence. So much silver could not
r accumulated at London as had been expected
10 -lee, tho French demand, hence yesterday s
sharp rise in the quotation
MARKET tiOsSIP.-Iondou buying helped TO
steady The market. There appeared to bc many
matched orders i'm steel and I'm Amagamated Cop
nor Traders were bearish. but seemed coutented
with small turns. and il looked as If there had
been good deal OF manipulation aoout the cary
weakness The decline in corn checked the cstefh
selling of the granger stocks. Specialists in such
isstles as ST Paul and Union Pacific said that
,,rsssure from the professional element did not
uncover stop orders. although a little long stock
probably came out when the covering of traders
shorts rallied the market. Room traders thought
IT 4 Harrisol'e selling Of Anna l-drnated copper
ms a Utt1o too open To- be convincing and were in
cIiDed to buy it thu moderate decline The
selling OF Brooklyn Rapid Transit in the day came
from quarters which are generally considered Well
informed and were once active factors ia the
speculative movement
Grp DOMINION OBSERVATION-DISCLOSURES di-
re-tors of Oh Dominion Mining Company at their
meeting definitely decided upon plan To raise the
necessary money to finance the company y new
corouanv 90 be called the Old Dominion securities
C.ouuapv will he formed to take over $4,000 per
cont tan-ysar bonds OF the Old Dominion Mining
Company, and 5o.p" shares Of treasury stock The
Securities Company Is formed with capital Of
go 90 I5ooo shares Of so each. This stock Will be
offered TO the stockholders OF the Old Dominion
Mining Company NJ par or the basis Of one share
OF the Securities Company for two shares Of Old
Dominion
MORGAN SHARES WEAK.-The weakness in
the Morgan stocks. particularly United States Steel
the Eric issues and North American, was disturb
ing factor IN the first hour. Van Emburgh
& Atterbury were the largest sellers Of Erie and
United States steel in the early trading.
CENTRAL AND SOUTHERN PACIFIC APPLY
To LIST BONDS.-The Central Pacific Railway
company has applied the New-York stock EN-
change to list S2737o00 additional first refundiug
mortgage { per cent guaranteed bonds ot 1919 The
Southern Pacific Railroad Company has applied 70
list x126O0 additional first consolidated mortgage
guarantee per cent stamped bonds OF 1880.