New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-11-18
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foregn houses dealt In
upward OF 10000 shares in the local market selling
on balance. In London securities were weak.
prices being affected by further reports of hitch
in the North Sea negotiations. Discount rates
firm. but the Bank OF England made no
change in its minimum rate of discount. In Paris
exchange London was lower. declining Z to Is
francs IS centmes.
STOCK LOAN QUOTATIONS.-Loa quotations
were: Amalgamated Copper. Brooklyn Rapid Tran
sit Erie common Peoples Gas, Rock Island COM
mon. Southern Pacific United States Steel COM
and preferred, United States Leather pre-
ferred and Wabash preferred. PA per cent: Atchi-
son preferred , per cent; Baltimore and Ohio com
mon Canadian Pacific Consolidated Gas, Della
ware and Hudson Erie first and second preferred
Louisville and Nashville. Manhattan. Missouri Pa
cifc, Sugar. Tennessee Coal and Iron and Reading
common. 2g24 per cent; New-York Central. Nor
folk and Western. Metropolitan Street Railway,
Pennsylvania. Rock Island preferred st. Paul and
Union Pacific common and preferred, ? per cent;
Southern Railway preferred. per cent Atchison
common. Il9G2 per cent. and Western Union. fiat.
PIG IRON WARRANT MARKET.--At the New
York Produce Exchange continued strength
manifested in pig iron warrant certificates. the
call developing further advances in all bid prices
ranging from 10 to 10 points last nights close
There were no sales the first call, but the sale
of 100 tons January last night at 1926 represented
a profit of Is points to the purchaser. Cali prices
follow: Cash, 1875; November. $685. January,
16 4Oal655: February. 1630d166o; March 1630q16 co.
April 16351l6 Ii; May, 163541650; July 16359ld.60
On the second call there sales Of 100 tons Of
January 1850. advance OF D points over the
final prices of Yesterday Throughout the list
higher prices ruled. The quotations follow Cash
1926; November, $3.50; December. 1645dl665; Janu-
airy, 16S5Q1665; February. 1630a16.65 March, 1880
1856; April 164Odl65o; May. l6499l655 July. 1900
1856.
BIG M X AND T. EARNINGS.-The earnings of
the Missouri. Kansas and Texas Railway Company
for September show large increases in both tae
gross and net. In the former item there was a
gain the corresponding month OF last year
of about $4,000 while the S250.OO0 in ex-
cess of September. 1903. These earnings were made
before corn began to move in any volume at least
and it is expected that the October returns will
show still larger increases over the same month of
last year. The company is expected 10 report
handsome earnings for the balance OF the present
fiscal year, wach ends June 80 There is
reason for believing that there is stl competitive
buying OF Missouri Kansas and Texas by London
Montreal and New-York 1t is said that promi-
railroad interests in this city have recently
decided that it would be desirable TO hold a sub
stantial block OF the katy securities
NEW ROCK ISLAND BONDS.-On the curb the
new Rock Island 4.per cent bonds were dealt IN ar
an advancing price. sales being made as high as
94iA These issues were traded in the extent of
over $500 900 par value 1t is generally believed by
competent judges of investment values that the
bonds will sell at much higher level especially
as the credi: OF the company has been so much
improved through the willingness of the firm of
Speyer & Co to take charge OF the financial opera
tons OF the Rock Island system.
BALTIMORE AND OHIO'S EARNINGs-Gross
earnings from traffic OF the Baltimore and Ohio
Railroad exclusive OF the controlled or affiliated
lines for month of October 1904 were 81 1s1 o7e
Increase of s56647 The expenses were 81 sSl sss
decrease si5.so6. The net earnings were % 400
2O5 an increase of S2G2.i5s. For the four months
OF the fiscal year the gross earnings from tratzo
we've S23S7472s. decrease OF 1881 6s1 The exnepse
sl4 1885, decrease OF ss2osa The net earn-