New-York tribune., 1903-07-24
MINING STOCKS.
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses dealt in
$4,000 shares in the local market. selling 10000
shares on balance In London the general market
steady without feature, and the Paris market
continued rather heavy. Consols were heavy. but
without special feature.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper, Anaconda, American
Ice Atchison common and preferred, Brooklyn
Rapid Transit, Baltimore and Ohio common. Col
orado Fuel. Delaware and Hudson. Erie common.
first and second preferred Louisville and Nash
VILE, Manhattan. Missouri Pacific, Norfolk and
Western Metropolitan Street Railway, Peoples
Cas- Reading first preferred. Rock Island. St. Paul,
Southern Railway preferred. Southern Pacific.
Sugar, Tennessee Coal and Iron, Union Pacific
common and preferred, United States Steel COM
mon and preferred United States Leather pre-
ferred. Wabash preferred. Western Union 29215
per cent Canadian Pacific fiat and u per cent;
New-York Central. l per cent. and Pennsylvania,
2 per cent.
MARKET GOSSIP.-The comparative weakness
of Mexican Central was regarded as rejecting a
growing belief that material change in the
a considerable time The decline in Colorado Fuel
was the result of the selling of long stock
bought months ago in the expectation that Gould
control would result in the common being placed
dividend basis before very long. Notwith-
standing the favorable statement recently made by
Tennessee Coal and Iron the stock was one of the
weakest features on the list, and it was argued
that little significance should be attached to the
iron longer existing Southern pig iron has in
the last few months declined materially. and even
at the reduced prices demand is active In
the early afternoon there a resumption of
liquidation in the industrials Amalgamated Cop
per under bear pressure, and although 1t was
agreed that the statistical position of the metal
justified expectation of continued satisfactory trade
conditions, the Street showed a disposition to re-
gard the stock as relatively high. compared with
United States Steel. 1t rumored that effort
had been made to raise money for six months on
Mexican Central collateral of per cent interest
with l per cent commission. and the failure to
secure the money said to be the reason for the
liquidation in progress. The liquidation by weak
holders IN United States Realty had bad effect on
the industrial list generally. There was some
liquidation in American Ice and stock offered found
only limited market.
COPPER SHARES.-In view OF the wea kness
which developed in the copper stocks under bear
pressure. the railroad list held well. The seuti-
ment that the end Of the liquidation had nearly
business outlook good stocks could be purchased
outright with a certainty of substantial profit
later. Brokers usually employed by Har-
ris. Gates & Co. were sellers OF stocks all around
the room and figured largely in the break in ANAL
gamated Copper. Anaconda sympathized with Anal
gamated although people in touch with the COM
pany's affairs it has derived substantial benefit
from the advance in the price of silver
CROP NEWS FROM KANSAS-Atchison officers
say the reports of hot winds in Kansas are wholly
at variance with information contained in their
dispatches from that State In addition they
say that the largest wheat crop In the history of
the State has been successfully harvested and the
outlook for a bumper crop OF corn is excellent Hot
weather is reported from Kansas it is lust the
forcing weather which is needed for corn. Their
information is that there likely be the largest
crops of wheat and corn on record.