New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-08-11
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt In
10000 shares in the local market, mostly purchases.
American stocks were the feature OF the London
market. and after some early uncertainty became
strong. with advancing tendency materially
helped by buying orders from New-York. The
Continent also reported a buyer. but opera
lions seemed to be largely in the nature of con-
certed orders The rest of the market showed
some nervousness on the American position. and
consols particular lost per cent at SO7s- Money
was harder in London. but little easier in Paris.
There was feature in exchange in any of the
European centres.
MARKET GOSSIP-Canadian Pacific was the
only stock sold by London. and Canadian houses
had stock for sale on the rally. 1t is not true
that any large block was received from London
for delivery here. but there is ever reason to be-
ieve the bull pool has been told that this is no
time to corner anybody. In one instance at least
1t was intimated that anything Of the kind would
mean the throwing of Canadian Pacific out of
loans Consolidated Gas showed evidence of Iqui-
dalton. said to be for Albany account The Nor
gan brokers bought Steel in moderate quantity. but
for the first time IN very long period Pittsburg
was buyer The liquidation for the Middle West
has been about the most disturbing feature of the
decline and traders who were bearish elsewhere
were inclined get round TO the long side in Steel
While the largest interests in the Street have for
the most part given fair support 1t is noticeable
that the Standard Oil people have not been doing
much to protect the market. The weakness of
Consolidated Gas Brooklyn Union Gas and Cen
eral Electric is not without significance in this
connection. and may indicate that the Standard
Oil interest which is already largely in such prop
critics would not be unwilling to see lower prices
The pressure on Brooklyn Rapid Transit and
METROPOLITAN was very definite. and was said in
some quarters to be directed deliberately against
large holder Of long standing. who has not been in
sympathy with the ideas Of the newer interests in
the traction situation
STOCK LOAN QUOTATIONS.-Loa quotations
ma 1lyarn cd
Ice Atchison and preferred Brooklyn
Rapid Transit. Baltimore and Ohio Colorado Fuel,
Delaware and Hudson, Erie common, first and
ond preferred. Louisville and Nashville. Manhat-
tan. Missouri Pacific, Norfolk and Western, Metro
potan Street Railway. Pennsylvania, Peoples Gas,
Reading first preferred Rock Island. Southern
Railway preferred, Southern Pacific, Sugar. Ten
nessee Coal and Iron. Union Pacific common and
preferred, United States Leather preferred Wa
bash preferred. "a per cent; Western Union and
New-York Central, fiat; Canadian Pacific, a pre-
MUM: St. Paul. fat
BROOKLYN RAPID TRANSIT POOLA-Regard-
ing the Brooklyn Rapid Transit pool The Wall
Street Journal says that it IS we'll known that the
Brooklyn Rapid Transit pool is as much
thing of the past the unfortunate enterprise Of
the same kind in Southern Pacific. and consider
able curiosity is expressed as to where the stock
has gone. great part of the buying has been
essentially scattering but there is reason to
think that another traction interest which could
never be induced 10 join any market combination
has been able to keep very fair record of places
where it could get stock if it wanted it.
CANADIAN PACIFIC SHORTS.-Toronto reports
say that the shorts in Canadian Pacific are paying
$50 a day for of the stock over night. large
part of the borrowing demand comes from New
York and it is said that the world is being secured
for stocks for delivery. There is no supply at
Toronto It is said that the short interest repre-
sents not less than 10000 shares
SLOSS-S SHEFFIELD EARNINGS FOR JULY
The preliminary estimate of the earnings of the
Sloss-Shefield Steel and Iron Company for July
after deductng interest and taxes is sS5 200 These
earnings in spite of the fact of the strike of
miners. which in the entire month
ANTHRACITE COAL OUTPUT-The shipments
of anthracite coal in July amounted TO 5S77 .4s5
tons. compared with 250O79 tons in July 1892
when the production was reduced by the strike