New-York tribune., 1903-02-17
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
l. 900 shares in the local market. buying on balance
The general ma rket in London was steady and the
tone was cheerful The raising of the blockade in
Venezuela was regarded bull argument on All
stocks. French and German exchange continued
to show strength and the former rate in particular
indicated that a substantial advance in demand
sterling would be necessary before prohtaole Sol9
exports become practicable. Bar silver was firm
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda American
lee Atcbfson common and preferred. Brooklyn
Rapid Transit, Baltimore and Ohio common NJ
cago Terminal. Colorado Fuel, Delaware and it'd-
son. Erie common and first and second preterren
Louisville and Nashville. Manhattan, Missouri "a
cifc New-York Central Northwestern. Norfolk and
Western People's Gas. Reading first preferred, Re
public Steel common and preferred. Rock Island
St Paul, Southern Railway preferred Southern
Pacific. 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, "a per
cent.
MARKET cOSsIP-The Waldorf-Astoria crowd
was credited with change Of position 20 the nuil
side The so-called Lewisohn following vas the
leading influence in advancing Amalgamated- Ma
uipuation Of Rubber Goods was by a large specu-
latiye interest that was heavy buyer several
weeks ago Guggenhem pool buying was again
active in Smelters. London bought Canadian IA
cidc Rurnors of rights on General Electric were
Standard OH interests pouSHL W dpe9ii
Issues Good buying was reported in r r l.
Sugar Refining was bought by lower Vail Street
on the exceptional activity in the trade for the
time Of the year. Good buying was reported III
United States Steel. prominent operators taking
large sized blocks in the afternoon. The deCn" in
American Grass Twine was due to selling 10y tired
holders There was revival of bull talk on Amer
lean Locomotive and some good buying. There vas
nothing to confirm the runlors or dividend "n the
common in the immediate future. The company
business however very large at present with
10 dn2fnutfor in orders ahead. The Montreal pool
was credited with the buying in Duluth. South
Shore and Atlantic. Western wire houses reported
a few huying orders in the gTangerS and Facifics
i'm the day and anticipated good deaf Of activity
in these stocks
T.ACKAWANNA STEEL. - Tho Lacha wa ma
Steel Company will issue call stockholders this
week for \ special meeting. To he held on March >.
- act on the proposition 70 issue S5G93.ooo first
u7ort.;.s, . per cent convertible tucuty-year gold
bo,ls part Of an tss1o Of S2on1oooo which has
hceu underwrttt-n Tho shareholders will have
tho privilege of subscribing tn the bonds
what under mgr and interest.
STANDARD OIL DIVIDEND.-Th Standard oil
Company has declared d dividend of $50 Il share,
payable on March Ii. to stockholders of record Of
February "a. This is increase of $40 share
over the last dividend. declared in last November,
hut the same amount was declared in February.
1902.
500" PREFERRED NOT To BE RETIRED
It is auhortatively stated that there is founda
tton for tho report that the Minneapolis, ST. Paul
and Saut Ste Marie will retire its preferred stock
SUGAR PRICES HIGHER.-Au re1ners Of sugar
have advanced The listed prices points 40
cents There is al active dema nd for ravs 1T
1-3c cent advance.
An EXTRA HOLIDAY.-Ahout six hundred
members CT tie Stock Exchange have signed petit
ton the governing committee for closing the
Exchange ON saturday, February II