New-York tribune., 1904-10-07
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt in
5000 shares. buying Sooo0 on balance In the Lon
don market British consols and Japanese bonds
we're lower, while the general market was heavy
There change in the London money marke,
and. despite the fact that the Bank q. EnrIapd
showed q reduction IN its percentage Of reserve 10
liability Of from 5L50 20 800 per cent the minimum
rate of discount remained unchanged.
STOCK LOAN QUOTATtONS.-Loa Quotations
We're: Anna gamated Copper. Brooklyn Rand Tran
sit. Erie common, Peoples Gas. Reading first pre-
serred Rock Island common, Southern Pacific
United States steel common and preferred United
States Leather preferred. Wabash preferred Is,
@2 per cent: Baltimore and Ohio common Cana
dian Pacific, Consolidated Gas Delaware and Hud-
son, PENNSYLVANIA, Union Pacific common and
preferred. Ii20l%a per cent; Atchison common and
preferred. Ere first and second preferred Louis
vile and Nashville. Manhattan. Missouri Pacific
Sugar. Tennessee Coal and Iron. Metropolitan Sc
curities, 1Sa per cent New-York Central Il, per
cent, Norfolk and Western. St. Paul ll.aIIs per
cent; Metropolitan Street Railway Rock Island
preferred. Western Union, X per cent.
CANADIAN PACIFlC.-The stockholders OF the
Canadian Pacific Railway Company al their meet
ing on Wednesday. in addition TO authorizing the
issue OF - 100000 new stoc.s empowered tho III
rectors arrange for the construction of two add
tonaI passenger steamships. with 4 speea Of
eighteen knots President Sir Thomas ShauRh-
nessey ntimaed that if the irrigation project proved
as successful as the directors anticipate authority
will he asked to continue the work over the re-
naming 100000 acres OF land 10 which the system
is applicable. The directors organized BY the re-
election OF Sir Thomas Shaughnessey as president
and Sir William Van Horne chairman OF the board
of directors. The president. in moving the adop-
ton of tho annual report. which was printed and
distributed TO subscribers some weeks ago said that
he glad to be able say that after an extend
ed inspection Of the Western lines the conditions
prevailing In the country served by the railway
were generally gratifying. Progress and thrift
apparently in every direction and the result
OF the harvest in Manitoba and the Territories
while 1t viii not meet the anticipation of the early
summer, will be quite satisfactory. and the return
to the producers will be by reason OF the enhanced
price of wheat considerably larger than It was a
year ago The works of Improvement on the diff
fercnt sections OF your railway. which have been
in progress for the last three years are practically
complete. and. with few exceptions. they are now
being utilized 10 your great convenience and ad-
vantage"
THE PRICE CURRENTS WEEKLY CROP
SUMMARY.-'The Price Current in its weekly
crop summary. says: The week has been favor
able for corn The crop is practically made. and is
considerably In excess of that Of last year. the total
yield being 2iO0 100000 bushels. Rains have favored
the seeding OF wheat, increasing the consider
ably over that OF last year. There has been mod
crate marketing of all grains The holding senti-
ment IS widely prevailing. The packing of hogs
In tho West for the week aggregated $4,000 head.
against 2s5OOO head IN the corresponding week last
year"
FAVORABLE RAILROAD EARNINGS.-Rail-
road earnings received yesterday for the last week
In September show favorable results the greater
number or roads reporting the chief Improvement
being recorded by Minneapolis. 81. Paul and SauIt
Ste. Marie Toledo. St. Louis and Western ana
Chicago indianapolis and Louisville. For the
month OF september Illinois Central shows gain
of $22As'[' New-YOrk Central gain OF $9isS9
Nashville Chattanooga and ST. Louis q sain OF
s29.1a4 ana fazoo and Mississippi Valley gain OF