New-York tribune., 1903-04-04
WALL STREET AND EXCHANGES


5000 shares IN the local market. buying on bal
ance. The feature of the London market was the
marked recovery in Consos. which at 9024 were Z
per cent above the low point Of the preceding day
The local interests the principal buyers and
did not meet any foreign liquidation American
stocks were neglected and irregular. with trifing
changes. The general market was 7rner without
important change. Paris exchange on London was
a trfe easier. and money eased off a little in Ber-
lin.
STOCK LOAN .QJ-OTATIONs.-Loan quotations
were: Amalgamated Copper. Anaconda American
Ice. Atchison common and preferred. Brooklyn
Rapfd Transit Baltimore and Ohio common
Canadian Pacific. Colorado Fuel, Delaware and
Hudson. Erie common first and second preferred
Louisville and Nashville Manhattan, Missouri Pa
cifc. New-York Central. Metropolitan Street Rail
way Norfolk and Western. Peoples Gas. Reading
first preferred. Republic Steel common and pre-
ferred. Rock Island St Paul Southern Railway
preferred. Sugar. Tennessee Coal and Iron. Union
Pacific common and preferred. United States Steel
common and preferred. United States Leather pre-
ferred Wabash preferred and Western Union. I
as per cent: Southern Pacific, premium. l. IS, Z. 7s
MOVEMENTS OF CURRENCY.-The principal
movements of currency this week. as compiled by
THE Wall Street Journal" indicate that the banks
lost thereby 81 296 800 They received from the in
terror 700 and sent the interior $3.47i.2n
and 10 Canada S250o0N The gain from the interior
was $4,000 which is reduced to S7o,So by the
shipment to Canada. New gold was received to
the amount Of Sa3=2 which 1892 500 on
Nav,-york Assev Offc. .lecks and $500 on Seattle
Assay ONCE checks. Receipts from the Sub-Treas-
ury on ordinary government disbursements. In
Guiding the 100000 Philippine appropriation. were
SIS aO6 70 Payments to the Sub-Treasury for Gus
toms internal revenue retirement of circulation
per cent redemption fund etc, S21. 490o0 The
loss on Sub Treasury operations proper was 252,-
300 The total gain from the interior and rev gold
was s.. .4558O0 which. deducted from the total loss
Of g. 752 800 to the Sub-Treasury and to Canada,
Il On of
on Sub-Treasury operations proper in spite of the
extraordinary payment of 100000. was due in part
to the deposit Of $575.010 lawful money for the re-
tirement OF circulation the collection of So S 669
customs and TO large transfers of internal revenue
collections Pension payments for the week were
only S602 coo The interior movement the largest
in both directions since the last week in February
The shipments of currency were chiefly to the West
and TO Boston and Philadelphia The receipts were
from all sections
EXTEND TIME. FOR STOCK DEPOSIT.-The
protective committee Of the stockholders Of the
Chicago Union Traction Company, North Chicago
Street Railroad and West Chicago Street Railroad
has given notice that the invitation deposit the
stocks of the companies under the agreement OF
January % is extended to May 2 The repositories
are the Guaranty Trust Company and the Illinois
Trust and Savings Bank. President Walter @.
Oakman Of the Guaranty Trust Company is chair
man Of the committee. which includes Marshall
Field n b. Ream. J. J. Mitchell Charles Steele.
Oaklegh Thorne II. B. Hollins, r. R Gown and
2. A. B. Widener
MADE PASSENGER AGENT.-The Colorado
Midland Railway Company announces that I. l..
Mathews has been appointed passenger agent. with
headquarters at No. 45 Broadway
BROOKLYN RAPID TRANSIT.-No news devel-
oprent accompanied the advance in B r. T.
shares but good buying was reported The stock
is becoming more popular. owing. among other
factors to the increased earnings of the company.
the Improvement that Is rapidly taking place in
its physical condition and its bright prospects for
dividends Brooklyn streetcar traffic will be large
" increased when bridges and tunnels are
in operation It is reported that the large buyers
Of the stock have been the same interests which
had early information regarding the absorption OF
the Manhattan by the Interborough. 1t is sur
missed in certain quarters that the acquisition of
the Brooklyn Rapid Transit by the marlborough
Is under consideration
COLORADO AND SOUTHERN.-CoIo and
SoItberns increase in gross for February is some
what sr1a Her than the average of the year TO date
and a normal increase in expenses causes a loss
of SO i62 or "a per cent. in net earnings In the
year the roads gross business has exercised very
fair expansion that Of the previous year the
increase in earnings amounting to over Il per
cent but the largely increased expenses have
more than absorbed the gross increases. leaving
net earnings at the end Of eight months SIG 63
smaller than for the corresponding period year
SOUTHERN AND UNION PACIFTC-The ru-
mors on the board that the Union Pacific people
would lose their case in Nashville contra
dicted by the fact that the judge did not intend
70 hand down written decision until Monday at
the earliest. It little significant that the
premium on Southern Pacific for cash after open
ing at a. per cent eased off to 1l6 per cent. This
did not seem TO show very strong position for
the pool II said in some quarters that the
stock had been forced down 10 elsewhere.
but the buying hardly confirmed that report. The
support I'm Union Pacific seemed about the best
In the market. The report that Southern Pacific
pool holdings would be taken by Morgan in
terests caused the late rally in Southern Pacific
shares
GRAIN EXPORTS" "Bradstreet's'' reports tho
exports Of wheat for the week 3.15O974 bushels.