New-York tribune., 1904-09-02
WALL STREET AND EXCHANGES

FOREIGN TRADlNNF--tOrel houses uSdi1 IVA
upward Of $1,000 shares in the local market selling
so 600 shares on balance. In the London market
prces for the greater number of securities showed
in,nrovement The Bank OF England's weekly
statement exhibited falling off in the percentage
Of to liability. but there was no ehanss in
tho banks minimum rate of discount
ADVANCE IN REFINED PETROiIIUM-The
Standard Oil Company has advanced the price
Of refined petroleum Il points all around. 4n'S
is the first advance that has taken place IN many
months and the tendency has been steadily down
ward until now. The prices are 7s5 for bar
rels in New-York. 1855 for cases and 4S0 In ouK'
with Philadelphia prices on basis OF polntS
lower. Up to last night no change had oeeh haue
In the price Of crude OIL but IL Is expected that an
advance I'm this commodity will soon follow. as the
rse1ed and crude as q rule. work in sympathy.
While Northern oils are advancing. adVices from
Texas are to the effect that declines In prices are
the rule IN that section. Yesterday cut or sc
barrel was reported as having been made By the
Texas company.
No AGREEMENT ON STEEL PRICEs.-An off,
Ger OF the United States Steel Corporation said yes
terday that there no truth In the statement
thar the Beam Association and Steel Plate Associa-
tlon had reafHrmed prices at Wednesdays meeting.
definite statement regarding prices may ne msde
next Tuesday when the beam and steel plato pools
will hold a meeting.
COTTON EXCHANGE REPORT.-The following
IS summary OF the annual report OF Superinten-
dent King OF the New-York Cotton Exchange;
Port receipts T2lTOOS bales; net overland 9i6'lsS
bales: net Southern mill takings, 1S2.Sp bales;
California and Colorado mill takings, 6+S9 bales
total crop, I0002O26 bales.
FRISCO APPLIES TO IIST.-Applcation has
been made 70 the New-York Stock Exchange by
the s. Louis and San Francisco Railroad Com
pany 10 list $11f.o00 additional per cent refund
ing mortgage bonds Of 1851.
MONEY To MOVE THE CROPS.-The local
Sub-Treasury transferred for the banks yesterday
800 Oo0 to Cincinnati.
BANK NOTE CIRCULATTON.-In August there
was an increase In national bank circulation Of
S2SO9 S.. making for the twelve months to August
81 an Increase of $3.92S 79S.
REGULAR ST. PAUL NEUTRALITY-SUSPICIOUS.
of the Chicago Milwaukee and St. Paul Railway
have declared the regular semi-annual dividends
3ls per cent on the comDany's preferred and COM
mon stock.
ELECTION TO STOCK EXCHANGE-WilIiam
y. Whitehouse elected a member of the Stock
Exchange yesterday.
BOND OFFERINGS BY GUARANTY TRUST
COMPANY.-The Guaranty Trust Company. OF
this city. having established a bond department
has issued n pamphlet inviting the attention OF
investors a carefully selected list of securities
which holds among its investments and
offers for sale. The bonds offered include New
York City IS. Imperial Japanese Government 6s
Republic OF cuba 5s Of l944 Atchisou. Topeka and
Santa Fe debenture As. Baltimore and Ohio Az per
cent gold notes. Southern Pacific collateral trust
as Southern Railway collateral trust 5s. Louis
willie and Nashville collateral trust 4s Chicago,
Burlington and Quincy. Illinois Division 3Iss; M
nois Central. Louisville Division, and Terminal
first mortgage S1ss; Long Island Railroad refund
ing Is; St Louis. Iron Mountain and Southern
rnifying and refunding As and Kanawha and Heck
ing Coal and Coke Company first IS.
HEAVY DEALINGS IN ONDS.-Transa ctions
in yesterdays bond market were heavier than on
any day this year. total sales amounting IN par
value to over $S.000OO A large proportion of this
amount was furnished by Consolidated Tobacco
4s. Heavy dealings also reported in the
Rock Island issues and the United States Steel
IS