New-York tribune., 1903-05-19
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Amercdn stocks were
strong London in the early dealings. and foreign
houses bought III the local market upward of 1900
shares. In London the sentiment was decidedly
bullish. Money was irmer in Berlin. and exchange
there was nOtceabIy weak. The Paris quotation
continued near a point where gold exports could
be proftably made. COnsols were rather heavy at
92 and the general market was featureless.
STOCK LOAN QUOTATIONS-Loan quotations
were: Amalgamated Copper, Anaconda, American
Ice. Atchison common and preferred. Brooklyn
Rapid Transit Baltimore and Ohio common. Colo
rado Fuel, Delaware and Hudson Erie common,
first and second preferred; Louisville and Nash
VILE Manhattan, Missouri Pacific, New-York Cen
trail Norfolk ard Western, metropolitan Street
Railway Peoples Gas, Reading first preferred Re
public Steel 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, Cana
dian Pacific and Pennsylvania, 29242 per cent.
SUGAR REFININCi.-American Sugar showed
some weakness i'll the latter part of the day, proba
bly, representing the disappointment at the absence
any interest in the movements of the stock
1t is said in quarters which sometimes well
informed that nothing important is to be looked for
until the special session of Congress. when the
Cuban reciprocity matter will come TO the front
again. About 5000 bags centrifugal sugar were
sold yesterday at cents basis 60 test, cost
and freight terms, vessel nearly due and to go to
Boston. The market firm for raws and steady
for refined. with liberal Withdrawals and fairly
active demand on new orders. This is sugar
weather. and it is expected to increase the de-
mand largely in the future
LOAN EXPANSION.-The expansion of loans
by the national banks is causing considerable dis
cussion but has been pointed out that the strict
y Wall Street demand for money has been steadily
decreasing since last February on account of
heavy liquidation 1t would appear. therefore, that
the expansion of loans comes from the demand of
the legitimate business interests all the
try and represents steady increase in the volume
of trade.
GOLD INFLUN FROM KLONDIKE. NOME
AND ATLIN.-It is generally understood that the
Klondike gold movement will begin in about two
weeks 1t is expected that receipts from the Klon-
dixie. Cape Nome and Lake Atn will considerably
exceed the outgo of gold to Europe The three dis
tricts named 1t is estimated. will clean up s1S00
900 gold this season 1t may be that the knowledge
that this large quantity of the precious metal is
coming into the market is one reason why money
rates remain low.
HACKENSACK MEADOWS-At the annual
meeting of the Hackensack Meadows Company the
directors reelected. 1t is understood that
certain plans which. when carried out will have
important bearing on the future operation or
the company, approved 1t was officially an
nounced that a statement may be made regarding
these plans time this week.
NEW-YORK CENTRAL-The room had a re-
port that the new stock in New-York Central had
been realized in the open market in the last two
months This would mean nothing else than a
short sale of 300O0 shares by the large holders Of
the stock and IT is doubtful If such operation
would be attempted when the Standard OIL people
are credited with desire to secure control
COFFEE EXCHANGE VOTE.-On the New-York
Coffee Exchange yesterday ii was voted 10 change
the bylaws III regard to elections, that names of
independent candidates for Offices must be posted
for a certain time on the bulletin board.
Some other amendments to the rules In regard to
technical changes in certificates were also adopted
THE TIN PLATE CONFERENCE.-It said
at the offices of the American Tin Plate Company
Yesterday that it had been impossible to end the
conference between the employees associations and
the officers of the company to fix on the scale OF
work for the coming year, although Ii had been
expected that the day would wind up the whole
matter 1t was also said that the scale had al
ready been agreed on. and that the conference was
being conducted in friendly manner. 1t was
learned however. that the officials and the en-
ployes have failed to to mutually satisfac-
tory arrangement regard to certain minor points.
There is no rupture threatened, but the conference
may last for day more, Till some compro-
mise is reached.