New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-10
WALL STREET AND ExCHANGEs

FOREIGN TRADING.-Foreign houses dealt n
1000 shares in the local market. mostly purchase
In London stocks and money were quiet and feat
ureless.
STOCK LOAN QUOTATIONs.-Loan quotation
were; Amalgamated Copper. Anaconda. America
Ice. Brooklyn Rapid Transit Erie common, Louis
vile and Nashville. Manhattan. Missouri Pacsa
Norfolk and Western. Peoples Gas. Reading hx
preferred Rock Island. Southern Railway PIE
ferred. Southern Pacific. Sugar. Tennesses Goa
and Iron United States Steel common. United
States Leather preferred. Wabash preferred. Smell
ers common and Republic Steel common. Il. per
cent; Atchison common and preferred Baltimore
and Ohio common. Canadian Pacific. Consolda,s
Gas. Delaware and Hudson. Erie first and second
preferred. Metropolitan Street Railway and Union
Pacific common and preferred 1 per cent: New
York Central and st. Paul. 2aG1 per cent: Pennsyl
vania. q per cent: United States Steel preferred
1zd2a per cent: Western Union. 122 per to fat
Shelters preferred. Republic Steel preferred and
Pressed steel Car common. fiat, and Pressed Stssl
Car preferred. LIPS per cent
CORN PRODUCTS.-A persistent rumor that the
New-York Glucose Company intends to erect
plant in Chicago to compete with the Corn Prod
ucts Company was denied by people identified with
the companies. II is stated that absolute
harmony prevails between the Com Products Cam
pany and the New-York Glucose Company. Tia
report OF the Corn Products Company. which was
issued Saturday. is misleading IN many particulars.
and it fails to show a number OF items which are
all in favor of the concern It's financial postof
IS really much better indicated by tho repork
and IT may be stated on the authority OF inter
est closs to the management that there IL abso-
lutely no intention the part OF the directors 70
make any change in the dividend on the preferred
stock. Indeed. there ia no necessity for such
change The company has rebuilt its plant n
Rochester. and its new works IN England ara now
IN running order. The attack the stock yester-
day was backed by a number OF Chicago speculs-
tors but II failed bring out important orertnss
Of the securities orders were received by brokers
buy the stocks for the account OF inside inter
ests.
STOCK EXCHANGE CLOsING.-It Is under
stood that the members of the Stock Exchange vii
petition the governing committee to close the E1-
change on Saturday. MAY %. so that the members
will be able 10 have three days holiday. On
Monday. May 3d. the Exchange will be closed oS-
ing to the celebration of Memorial Day.
UNITED STATES SHIPBUILDING BONDS-h
yesterdays curb market $4,000 United States Ship
building Trust Company certificates. Representing
the company's bonds. sold at 20l4 The last precsd
ing sale was made several weeks ago at auction
at %
TALK Or A LEAD MERGER--Reports vs's
heard yesterday that a merger OF the Nations
Lead Company and the United Lead COMPANY
would be effected 1t was learned however. from
trustworthy sources that while negotiations VIII
such an object in view have been on at varions
times since the original merger plan was aoan
doned. nothing dennlte mas oeen usclusC uPoh =
is thought that eventually the two companies WI
fall under the absolute control OF the American
Smelling and Refining Company, which alreaN
practically controls the United Lead Company
PANAMA MONEY TO GO INTO AMERICAN
SECURITIES.-The President OF the Republic
Panama has appointed commission to invest Us
greater part OF the money received from the United
States Government on Panama Canal account
standard American securities.
JAPANESE LOAN.-Bankers who are tnteres's.
IN the Japanese war loan state that allotments vi
be made this week. The loan will he issued az US
same price in New-York as in London. II 10 w
derstood that subscriptions have been heavy