New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-10-01
WALL STREET AND EXCHANGES.

FOREIGN TRADING. Foreign houses dealt in
upward OF $500 shares in the local market. buying
on balance. In tho London market government
issues and home rails were strong; also American
securities According 10 cable dispatches senti-
ment in the London market was buish
STOCK LOAN QUOTATIONS.-Loa quotations
were: Amaigamat ted Copper BROOKLYN Rapid Tran
Sit Peoples Gas, Reading first preferred Rock
island common southern Pacific. United States
steel common and preferred. United States Leather
preferred Wabash preferred IA per cent: Atchison
common and preferred. Baltimore and Ohio COM
mon, Canadian Pacific. Consolida ted Gas. Delaware
ana Hudson Metropolitan Street Railway. Union
Pacific common and preferred ~ per cent; Erie
common. first and second preferred. Louisville and
Nashville, Manhattan. Missouri Pacific Sugar
Tennessee Coal and Iron. Metropolitan Securities
nzqlss per cent Norfolk and Western St Paul.
B = per cent Southern Railway preferred Western
Union = per cent; Pennsylvania 1L.dl1s per cent;
NeW-fork Central per cent; ontario and West
ern IL per cent.
INTERNATIONAL STEAM PUAiP-There has
been quiet absorption of the International Steam
Pump stocks IN the last month and both the COM
mon and preferred are now selling well above their
low points 30 the year In view Of the substantial
character of the company's business and tho pres
"nt indications Of Improvement In the steam pump
trade 10 IS believed that the securities of the con-
Germ viii gradually work 20 a better level Inter
ests identified with the company reported yesterday
that orders were accommodating rapidly and
that the company's plants being worked to
their fullest capacity. Owing 10 the cheaper prices
for fuel and iron the company's margin Of profit is
much larger than It was year ago. 1t is expected
that the new works at Harrison. y. j. viii be in
fun operation IN about three months.
HEAVY LOSS IN BANK CASH 10. DINGS-
According the known movement of money as
estimated by The Wall Street Journal the local
banks lost in the week SSl9S2Co in cash. They re-
ceived from the interior g 900 and sent 10 tho in
terror S32,O1oo The total loss To the interior and
10 the Sub-Treasury was Slo6526O0; deduc-Ing the
gain OF S2,t54C0o gold the net loss was rs
given The net loss to the interior was larger than
the loss in the corresponding week Of any preceding
year except in 1901
GRAIN EXPORTS LIGHT" Bradstreet's'' re-
ports the exports Of grain for the week. with
PARSONS figures i'm bushels. follows: Wheat
-four included. ls2 2s3. against S64273 last week
4Os2 Isl I'm this week last year. sS705IS In 1902 and
6ls5 7i9 i'm 1901 from July 174427SS compared with
29 362 year. SSlS IN 1902. Sc So in
1901 Corn 700 $50. contTasted with C 39s LAST week
Ii23S7I in this week year ago, 1n 423 in 1892 and
s07g24 in 1901 july 75S758 against Il 49,
In 1868 1870 in 1902 and l2122,6l6 in 1901
STEEL BILLET PRGCEs.-It was reported yes
terday that sales of steel blcts had been made
in Pittsburs 10y indie pendent concerns ON basis OF
81 20 ton Members OF the billet pool say that
the production IF the Independent companies is so
small that any action they take cannot he con
sldered important factor IN the steel trade
CHANGING LACkAWANNA FOR D. and H
days market II was said Yesterday on good au-
thorty that advantage had beeu taken Of the
higher price by some holders 10 sell the stock r,.-
invest-ag N Delaware and Hudson Lackawanna IL
selling al a level that returns little over per
cent purchases made at the current quotation.
ONTARIO AND WESTERNS BONDS-Thc pro
posed 000 bond issue which will be author
ICED by the New-Yo rk Ontario and Western
stockholders at a special meeting next month
VIII be on a per cent basis. Only 100000 of the
bonds will be issued this year, the remaining
100000 being held in reserve TO be put out as
the needs of the company develop.
CANADIAN PACIFIC.-Buy In Canadian Pa
cihc said to be for Montreal account The
floating supply of the stock in this market Is
small. and the demand from investors is good
Arbitrage houses have sent large amount of the
stock To London in the last few months
BUYING or BROOKLYN RAPID TRANSIT
The best buying in Brooklyn Rapid Transit was
BY Flower Go. and other houses long associated
with movements IN this issue There was evidence
OF accumulation for the account OF substantial IN
tereSts.
NEW DIRECTOR FOR NATIONAL PARK
BANK.-At meeting of the board of directors
OF the National Park Bank. held yesterday John
&. McKeon, vice-presldent. was elected a director
in the institution.