New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-08-24
WALL STREET AND EXCHANGES.

FOREIGN TRAD1NG.-Foreign houses dealt In
over twenty thousand shares In the local market.
selling on balance. There fair demand for
Union and Southern Pacific and tho Missouri. Kan
sas and Texas issues. the latter being taken for
Amsterdam account In the London market prices
showed little change from the preceding day. al
though the tendency was as rule. In the direction
OF lower quotations There was no material
change in the foreign discount rates
STOCK LOAN QUOTATIONS.-Loan quotations
were Amalgamated Copper. Anaconda, American
Ice Brooklyn Rapid Transit. Erie common. Mis-
souri, Pacific. Peoples Gas Reading first preferred.
Rock Island. Southern Railway preferred. Southern
Pacific. United States Steel common. United States
Leather preferred. Wabash preferred. Shelters
common. Republic Steel common. per cent; Atch-
son common and preferred Baltimore and Ohio
common. Canadian Pacific. Consolidated Gas, Della
ware and Hudson Norfolk and Western. Union Pa
ciac common and preferred, United States Steel
preferred. = per cent. Erie first and second pre-
ferred. Louisville and Nashville Manhattan. Ten
nessee Coal and Iron. %gi per cent; New-York
Central. Pennsylvania, st. Paul. l48& per cent:
Western Union. smelters preferred. Republic Steel
preferred American Locomotive preferred Metro
pol!tnn Securities Ontario and Western. nat
MARKET GOSSIP.--A. A. Housman & Co. had
buying orders ali round the room. but particularly
IN Southern Railway. Union Pacific and Southern
Pacific II Is asserted in some quarters that
number Of houses and especially section Of them
with connections IN the Middle West. are heavily
short OF stocks. II IS true that there is old
short interest in Steel preferred. but tho advance
!n that stock has not been sufficient cause great
uneasincss 20 these shorts. II said that Jacob
Field put out shorts on Friday and Saturday but
did not IKE tho looks OF the market and covered
tho rl-st OF them on Monday Hc was reported 10
he selling again yesterday. The Street thought
EckstcIns selling OF srncIters probably well in
formed. Tho heavy early selling 81 Steel pre-
ferred by Halsted & Hodges checked that part OF
the market Traders thought this was long stock
W. L. Connor supposed 10 have been respon-
sibe for good deal OF the early strength IN Union
Pacific.
MOVEMENT OF MONEY.-rhere was deposited
ct the local Sub-Treasury yesterday $4,000 FOR
transfer 20 New-OTeans. THIS Is tho first ship
meut 70 New-OrIeaus OF tho season. Last year the
FIRST transfers OF the through the sub-Treas-
Ury for crop moving purposes were In July-sIO0 600
to Chicago and $500 to New Orleans. In August
last year 3575.c0 transferred 10 Ncw-Orlcaus
The National city Bank will ship tomorrow
81 10000 United Stetes currency Cuba The total
10 cuba this week will amount 10 about
100000
READING AFFAlRS-The annual meeting Of
The Reading company viii be held under the iurs-
diction OF the voting trustees as the trust IS not
tuIy dissolved until all the stock certificates
have been delivered. The certificates are now being
engraved. but IT will be some months before u viii
be practicable to deliver them II Is expected that
the successor to John Lowber Welsh in the Read
ing board %tll be representative OF Lake shore
Baltimore and Ohio interests
FOR EXTRA STOCK EXCHANGE HOLIDAY
The members OF the Stock Exchange have pre-
pared petition 10 the governing committee to have
the exchange closed September g. the SATURDAY be-
loTe Labor Day. The Cotton and coffee exchanges
VIII be closed on that day
GENERAL. CHEMICAL DIVIDEND The Con
oral Chemical Company viii pay the regular. quar-
terry dividend OF IL per cent on October 1901
- preferred stockholders of record ., M. sop
tenher 90 loi. Preferred stock transfer books WIN
10 closed from September % TO October g. l9nf