New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-14
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt In
a. 90 shares I'm the local market. buying heavily
on balance In London there was no material
change In the securities markets while in the Con-
tinental cities conditions in the money and stock
markets showed important change from the
preceding day.
STOCK LOAN oUOTATIONS.-Loan quotations
were: Amalgamated Copper, Anaconda American
Ice Erie common Louisville and Nashville. Man
haitian Missouri Pacific. Peoples Gas. Reading
first preferred Rock Island. Southern Railway
preferred. Southern Pacific. Sugar Tennessee Coal
and Iron. United States Steel common. United
States Leather preferred Wabash preferred.
Shelters common and Republic Steel common. la
"a per cent; AtchisOn common and preferred
Brooklyn Rapid Transit, Baltimore and Ohio COM
mon Canadian Pacific. Consolidated Gas, Della
ware and Hudson Erie first and second preferred.
Norfolk and Western. Metropolitan Street Railway.
St Paul Union Pacific common and preferred and
United States Steel preferred. per cent: New
York Central and Pennsylvania Il per cent, and
Western Union Shelters preferred. Republic Steel
preferred and American Locomotive preferred. fiat.
STOCK MARKET GOSSIP.-Early strength in
ST Paul appeared he due mauipula ton that
had for its object the hiding Of profit taking oper-
atoms in other parts OF the market An attempt
was made TO mark up Missouri. Kansas and Texas
issues 10y the pool in the stock the strength Of
the compauys favorable earnings for the first week
in July. closing figures for the common showing
a gain OF point and for the preferred 4 gain of
p, In the early dealings Missouri Pacific
Gould
Improvement issues traded in for the first
time. showing substantial advances from recent
curb quotations 1t was reported that some of the
Waldorf crowd short of the market. but IL
was generally believed that the uptown operators
were working the long side Among the in
active issues great strength shown by Amer
lean Car and Foundry preferred. which advanced
points; American Express. Railway Steel Spring
preferred and Ann Arbor preferred.
COTTON SPINNING SITUATION.-A special
canvass has been made by "Dun's Review
through the branch offices of r. G.. Dun & Co. at
leading centres of cotton spinning. and the result
shows that while very large percentage of ma
chinery is idle at important points and
stocks of material low, supplies of goods in
manufacturers and dealers hands greatly
reduced that the demand during the fall and win
ter months be very urgent. Southern
planters will receive good prices for cotton.
adding to the prosperity Of the South 1t is I'm
probable that the manufacture of cotton goods will
revive to any great extent until the condition of
the new cotton crop ceases to be in any respect
predetermined In all the mill towns the belief is
that as the price of raw material is def
nitely fixed orders will show a notable increase.
Just now there is disposition to prepare for the
future very few orders for distant delivery
are on the books. The recent decline In price of
raw cotton has partly restored normal conditions
some points, but the situation whole is
still far from satisfactory.
SECURITIES LISTED.-The committee on stock
list under authority from the governing commit
tee has listed the following securities Chicago
Burlington and Quincy Railroad Company. $685.
600 additional Illinois Division mortgage S1z per
cent bonds Of 1919. coupon bonds Nos ll9l to
49, $50 inclusive for 81 900 each and registered bonds
of various numbers and denominatio making the
total amount listed $50 35 600; Norfolk and Western
Railway Company. $l.0O000 additional first CONSOLE
dated per cent coupon bonds of 1896 making the
total amount listed $780, $50: Erie Railroad Com
pany 100000 additional Pennsylvania collateral
trust per cent coupon bonds of 1851. making the
total amount listed S3S,00OO00; Terminal Railroad
Association of St Louis, S1S,000O00 general mort
gage refunding per cent exchangeable coupon
and registered bonds of 1885, United States Realty
and Improvement Company, $1 $4,000 25-year D per
cent convertible debenture coupon bonds OF 1924
and 900 capital stock The COMMITTEES
further directed that $647.o0o additional debenture
bonds and S2S61.000 additional capital stock he
added TO the list official notification that the
bonds and stock have been issued in exchange for
shares of preferred and common stock of tho
United States Realty and Construction Companv
making the total amount of debenture bonds an
thorized be listed A3.5OSoo0 and of the capital
stock SIC 94,o00 The Baltimore and Ohio Railroad
Company 100000 additional 5o-year per cent
mortgage coupon bonds of 1913. making total
amount listed $0.sS3. 900.
NORTHERN PACIFICS EARNINGS-The da