New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-19
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-FOreign houses dealt IN
upward Of 10000 shares in the local market buy
ing on balance. In the London market dulness
was the chief feature in all departments. Thers
was no important change f. money rates at the
foreign financial centres 1t was thought that the
Bank Of England might reduce it's minimum rate
Of discount to-day.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice Brooklyn Rapid Transit. Erie common. Louis
willie and Nashville. Manhattan. Missouri Pacific
Peoples Gas. Reading first preferred. Rock Island
Southern Railway preferred Southern Pacific.
Sugar, Tennessee Coal and Iron. United States
Steel common and preferred. United States Leather
preferred. Wabash preferred, Shelters common
and Republic Steel common, 11aq1& per cent;
AtchisOn and preferred. Baltimore and
Ohio common Canadian Pacific. Consolidated Gas
Delaware and Hudson Erie first and second pre-
ferred, Norfolk and Western. and Metropolitan
Street Railway, IL per cent; New-YOrk Central
and St. Paul. IL per cent: Pennsylvania. lax per
cent: Union Pacific common and preferred. r4ars
per cent and Western Union. SHELTERS preferred
Republic Steel preferred. American Locomotive pre-
ferred. Car Foundry preferred and Pressed Car
preferred. fiat.
STERLING LOANS.-The volume OF sterling
loans this city increasing despite the fact thar
large exports Of gold continue 10 be made. Promt-
nent houses willing 10 lend large sums IN this
market but the disposition among local borrowers
20 stay out OF the loan market and the high rates
which the foreign bankers demand have so far pre-
vented the movement from reaching large proper
lions. although just stated it is growing. Most
Of these sterling loans that are now being rnads
are for periods OF ninety days and four months
II is believed that from S9010O0 20 S3oONoo addi-
tional gold will be exported. but this fact appar-
emily causes no uneasiness in banking circles Ts
Is contended that if there were any danger Of dis
turbance the outward movement would certainly
be checked
ERIE sECURITIEs-The active operations IN
+feaE etc N ha eel hpau
companied by reports that the banking institution
which has been identified with the Erie Company
for so many years has parted with its holdings
According trustworthy authority, il may be said
that this house has not parted with its holdings
and has increased. rather than lessened its supply
OF Erie stocks Tt IS understood that all the pron-
nent interests in the company are working in har-
mony.
BURLINGTON BONDS sOLD.-Ths Chicago.
Burlington and Ouincy's s. S92 coo issue OF Illinois
division 4 per cent bonds which were offered yes
terday morning. were all sold before noon 1t q
price Of 102ls they the investor about 81
per cent
APPLICATION TO DISQUALIFICATION has been
made to the Stock Exchange by the Cincinnati.
Indianapolis and Western Railway Company 10
list S47220O0 first refndns mortgage gold per cent
bonds OF 1858.
COLUMBUS AND HOOKING COAL AND IRON
AT the annual meeting OF the Columbus and Hook
ing Coal and Iron Company. held yesterday at
nominated by the interests represented by the New
York Stock Exchange house of Lathrop & smith
was elected. These interests voted more than Sd
per cent of the capital stock
EDWIN GOULD RESIGNS AS DIRECTOR.-Ed-
win Gould has resigned as a director OF the Amer
lean Writing Paper Company. his successor in the
board being William II. Taylor. president o.
the Bowling Green Trust Company. OF which Mr.
Gould Is president 1t is said authority that Mr.
Goulds reason for retirement a director IS the
fact that no has been unable. from pressure o.
other business to attend regularly the meetings OF
the board, which usually held at HolyoAe. Mass.
SPECIAL MEETING OF STOCK EXCHANGE
CONINIITTEB-The governing committee OF tho
New-York Stock Exchange held special meeting
yesterday. lasting about half hour Because
OF the fact that the committee has been investigate
ing the alleged connection OF Stock Exchange
houses with w. E. Woodend & Co. and similar con-
Germs. II rumOred that the meeting mtsht
have had something 10 do with this subject bur
confirmation of the report could be obtained
BURLINGTON BONDS ERSUBSCRIBED.-
Clark. Dodge 6 Co. announce that the S5.ss2v0
Chicago. Burlington and Quincy. Illinois division.
per cent bonds. which offered 10 investors
yesterday morning at 1929 and accrued interest,"
have all been sold and the applications were large
ly in excess Of the amount offered
ALLEGHENY COUNTY PENNO BONDS
AWARDED.-County Controller r. j. Cunningham
OF Pittsburg. yesterday afternoon awarded ths
$1,000 per cent 2O-3O-year optional road and
highway repair bonds to N W. Harris & Co.. o.
New-York. for S19.SSO