New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-26
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses deat IN
20 noo shares IN the local market, an Iu'cl'SeN
~. ropdon settlement passed or with no disturb
srse OF real consequence and more cheeii'I '',.'
srovn IN places IN spite OF loss 81 i per cent IN
consois and fror. y TO per cent In fuss''h an
J9uauese securities. Money was rather ei7''l ."
the omen discount market IN London. from winch
3, nav ne inferred that the Stock Exchange ~
,.,..,. ,,avs easily met. The Bank % England
aid NOT change its rate and made "a strong return
showing higher proportion ~ reserve IMAM AT 'i''7
time last yel- and substantial gain in u14h'n on
tie week no further failures were reported III
Europe.
,--rs. Arelrar.ateI Copper Anaconda. American
Ice BROOKLYN Rapid Transit. Erie common, hrie
second preferred. Louisville and NashNulr. Al'"-
haitian. Missouri Pacific. Norfolk and western
,Nrrlraltan street Railway. Peoples Gas Reading
-.-t preferred Rock Island. Southern Hail"aT pro
e.--.4 southern Paciac. sugar. Tennessee Coal ana
Iron Union Pacific preferred United states Sle.-
common United Stlts- leather preferred. "t'i9i'
t.-sse--rF Shelters common. Republic steel COM
mon I-.I1 per cent. At.llsoD common. l'liiH'Te
aud ohio common. Canadian P-citc Consolidated
l.. r,.r4v.re and Hudson Union Pacir- common,
. per cent Atchlsou preferred Erie arst preteT5el
per cent. Nsw-York Central i.fi-z yer '''t'
perrefl yar.a. Iaii. per cent. 81 Paul. pr ''-''
r.-f,.f states Steel preferred. i'4El'e yer cent,
western Union sueItsrs preferred. Republic Steel
preferred American Locomotive preferred. Sat
TENNESSEE COPPER CpMTA>N.-The Ten
rss.s. Copper Company reports f'r the year ended
DECEMBER r lsr- as follows. Production Tor year.
30 s --s pounds fre copper .u fEr form ~ TlF ana
rssr.I .ul..-. sales ~ ..E copper a'-.sH pounds.
average ceiling price. 1917 cents. approximate eo-I
So ..rts. refined copper. ss>..t' pounds. average
ssI.rE price 80 q, cents. approximate cost sla
-er+a Tie PROFITS o. tho company for The year.
after drdlrt.rr ya1st f.r depreciation upon The
mint amount 90 yV7 - A dividend 20 s. .
share on che iseue1 stock. amounting Co s-is.'''
was paid iu the middle 90 thc felr. A second DIVE
Jr-I % tNs amount has been paid oHt oi the
profits oa January - IA Tho sum 70 :tl7S has
been o1reaFel tn construction. only tho cost %
such additions Co tho plant as would serve 20
lower tho cost o. production increase The output
have been charged % this account All eAp"n-i-
lures for Development % mines maintenance %
plant repairs etc.. have been charged Co operating
FOREIGN INDUSTRIAL. TSSJ. ES-Tho London
and FarIs Exchange Limited has prepared USE
fgI book dealing with Industrial securities That
Yield from 90 90 Scr cent, also WITH government
and railway stocks returning over per cent. th"
work romurieInC over one hundred pages % valu1-
bic investment information that has never before
been published iu similar form. tn" main idea IN
compiling tho book lies in the absence ~ uforu7-
ton among investors regarding Industrial shares
ard I'm the desire NJ tho publishers 90 convince cap
ital that thoro are greater risks, but more
profits iu Industrial issues than in railroad securi
tics Special attention IS given iu the book 20 tho
cornuauIes OF small capital that considered
safe Investments and which, Yield large returns
publication VIII prove most valuable"
BIG Rail-. ORDERS-Tt g. reported from Pitts
burg that contracts for - oo tons 81 steel rails
arc practically closed az the pool price 81 IS ton
Assuming this 90 ne SEQ. ~ makes rail- orders Tor
1oot deliver, aggregate 10000 tons nearly %
per cent Of rail mills capacity.
GRAIN RATE WAR NEAR ITS FND?-Trafic
managers I'm Chicago say that the grain rate war
IS near its end. Important announcements are eN-
pected within twcnty-four hours.
CHICAGO. MILWAUKEE, AND ST PAUL DIV
IDENDS-St. Paul directors have declared the
regular scrni-annual dividends ~ 81 per cent
both the common and preferred stocks
ULSTER AND neutrality-suspicious. has
been made 20 the Stock Exchange 70 list 10000
first rcfundinE mortgage per cent bonds Ulster
and Delaware Railroad Company and SliS00) nddl-
tlonal FIRST consolidated per cent bonds OF 1873.
COLORADO AND SOUTHERN FIRST PRE-
FERRED DIVIDEND.-The Colorado and Southern
Railway Company has declared the usual semi
annual dividend OF per cent its first preferred
stock.
BECOMES MEMBER OF EXCHANGES. T.
Ward OF the firm OF Edison. Keen & Ward.
yesterday elected to membership on the Stock
Exchange