New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-06-10
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
upward Of twelve thousand shares in the local
ket. most OF which purchases In London
prices were generally heavy. although at the close
there important changes from the proceed
ing day Discount rates frmer. while in
Paris the money rate was lower. Paris exchange
London again firm. advancing III centimes.
The Bank OF England made change in its mini
mum rate OF discount.
STOCK LOAN QUOTATIONS-Loa quotations
were: Amalgamated Copper. Anaconda. American
Ice. Brooklyn Rapid Transit. Erie common. first
ana second preferred. Louisville and Nashville.
Manhattan. Missouri Pacific Norfolk and Western.
Metropolitan Street Railway. Peoples Gas, Reading
first preferred. Rock Island Southern Railway pre-
ferrcd. Southern Pacific, Sugar. Tennessee Coal
and Iron. United States Steel common United
States Leather preferred. Wabash preferred. Smet-
common and Republic Steel common. 1IlL per
cent; Atchison common. Delaware and Hudson.
Union Pacific common and preferred. Baltimore
and Ohio common and Canadian Pacific. per cent:
Consolidated Gas. Western Union and Shelters
preferred, Hat; New-York Central. y per cent;
Pennsylvania, St Paul and United States steel pre-
fcrred 2, per cent. and Republic Steel preferred.
American Locomotive preferred and Pressed Steel
Car preferred 1-156 per cent
THE COPPER HANDBOOK.''-The 1904 interna-
tonaI edition Of The Copper Handbook which
has just been published. furnishes vast amount OF
interesting and valuable data and information
garding the copper trade and copper companies Of
IN world The book has grown since 1901 from 32s
pages 20 778 pages Of text. and its list Of copper
companies has increased In that time from 80 to
3Sll. This work also contains number of mis-
ceIaneous chapters devoted to tho history. uses.
geology. geography, uineralogy. Chemistry. metal
lurgy and statistics of copper. Tho author OF this
work Is Horace J. Stevens Of Houghton. Mich. Mr..
Stevens has turned out work which ought to be
found in every financial library.
SHARP DECLINE IN EXCHANCiE.-Sterli
exchange at this centre declined 4S715 IN yester-
days market while Mt Paris the cheque advanced
IL confines 25 francs 20 confines The decline
In this market and the advance in Paris. with the
low price OF gold at London. made further gold
exports from this port out OF the question. There
was no demand in the local exchange market and
there was no particular increase in the supply OF
bills
NEW DIRECTOR OF MUTUAL BANK-sam-
ueI W. Fairchid yesterday elected director
OF the Mutual Bank, Of this city. dividend OF
per cent was declared. this action marking the
beginning OF dividend payments. The Mutual Bank
is controlled by National Park Bank interests.
PROSPERITY AMONG THE HARD COAL
ROADS.-The reports OF the hard coal carrying
roads for the month OF April. comprising the Erie,
New York. Susquehanna and Western. Reading
Lehigh Valley. New-York. Ontario and Western
and Central of New Jersey. show total net in
crease I'm gross earnings Of $n, no and increase
I'm net earnings OF $91.127 From July l gross
earnings have increased nearly per cent. operat-
ing expenses over per cent and net earnings over
d per cent.
UNITED STATES STEEL EARNINGS-Current
estimates the United States Steel Corporations
earnings for the present quarter moro favor
able than the estimates which were made month
ago 1t was reported yesterday that the net earn
ings for the three months ending June 30 would
coed SIS. 100000
RECEIPTS OF JAPANESE GOLD-Ths local
Sub-Treasury paid out yesterday telegraphic
orders from San Francisco S.679oOo for gold de-
posted Japanese account
NEW-HAVENS REFUNDING BONDS.-It IS
reported that the New-York, NewHaven and Hart
ford Railroad Company will issue so OOOO COO refund
ing bonds 10 take up the 100000 per cent bonds
and the 100000 per cent bonds OF the New Eng
land Railroad. which mature January l. 1905
APPLICATION TO IIST.-The Wisconsin Cen
trail Railway Company has applied the New
York Stock Exchange TO list s1.267. 200 preferred
stock and SIG 147 500 common stock.
STOCK EXCHANGE PROMOTION.-Charles L.
Rurnham has been appointed acting secretary OF
the New-York Stock Exchange In the absence OF
Secretary Mcclure who sailed yesterday for
Europe.
WHEAT ACKNOWLEDGMENT reports TO ''Dun's
Reviev'' from branch offices of r. G.. Dun & Co
situated throughout the principal wheat raising
States stlII indicate yield OF winter wheat below
rorrnaI In Ohio Indiana and that section gen.
orally there is evidence OF some improvement of
late early losses being remedied TO some extent,
but where the ground has been replanted with
other crons ~ Is obviously too late remedy the
loss in the wheat crop. Percentages OF reduction in
acreage are too indefinite to make accurate prog
restrictions possible and 1t may be found that
the losses elsewhere will be neutralized by the good
results throughout the Southwest. Harvesting has
already begun in some parts OF Texas. and the re-
norris from Oklahoma and Kansas point TO lib