New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-01
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses dealt in
less than 1900 shares In the local market sales
and purchases being evenly distributed. In the
London market prices generally firm. with
decided strength in Japanese bonds. The Bank OF
England made no change IN its minimum discount
rate although the weekly statement showed n large
falling off in the percentage OF reserve 10 liabilities
STOCK LOAN QCOTATIONS-LOan quotations
were: AmaIgamated Copper. Anaconda, American
Ice. Brooklyn Rapid Transit, Erie common. Louis
willie and Nashville. Manhattan. Missouri Pacific.
Peoples Gas. Reading first preferred. Rock ISL
and. Southern Railway preferred Southern Pa
cifc. Sugar Refining. Tennessee Coal and Iron.
United States Steel common. Leather pre-
ferred Wabash preferred. SHELTERS common and
Republic Steel common 1d1h per cent; Atchi-
and preferred. Canadian Pacific.
Consolidated Gas. Delaware end Hudson. Erie
first and second preferred. Norfolk and West
ern Metropolitan Street Railway. Union Pacino
common and preferred. United States Steel pre-
ferred. Baltimore and Ohio common. per cent;
Pennsylvania a per cent; St. Paul. i27% per cent;
Western Union. Car Foundry common and pre-
ferred fiat: Shelters preferred Republic Steel pre-
ferred. American Locomotive preferred and Pressed
Car preferred 1-25s per cent
UNITED STATES STEEL EARNINGS.-A rep
resentative of the United States Steel Corporation
is reported follows:
The earnings of the United States Steel Corpora
ton the second quarter of the current year Will
De cosiaT idy,, receiyed from snbsidarv COM
quarter will be between sl9 900 600 and $1,000 600
ure that the net earnings Of the Steel Corporation
for 1904 will be enough to pay per cent on the
ton fully protected The earnings Of the United
states Steel Corporation in the 1906 believe.
will very favorable.
NEW EQUIPMENT FOR HARTMAN LINES
A Chicago dispatch says that the management OF
the Hartman system OF railroads has given orders
for rails and other equipment requiring the expen-
diture Of approximately s47500Cc The largest itera
is 60 600 tons OF D-pound steel rails which have
been contracted for at s2s tor. The orders are
said 10 have been placed with the Illinois Steel
Company. the Carnegie Steel Company and the
Tennessee Coal, Iron an6 Railroad Company. OF
this amount 10000 tons arc for use on the Union
Pacific 1000 tons on the Oregon Short Line, 2O,cO
tons on the Houston and Texas Central and 5000
tons for the Southern Pacific lines.
PAYMENT FOR KLONDIKE GOLD.-Ot the
debit balance at the local Sub-Treasury yesterday
amounting 81 4O2 62S $40 coo represented the first
payment on account OF gold bullion deposited at
the Seattle Assay Office from the Klondike. There
was also paid out by the sub-Treasury TO the
banks $4,000. representing gold transferred from
the Philippines.
FINAL JAPANESE LOAN PAYMENT.-The
final instalment Of the American proportion OF the
japanese loan foated in this country was paid
yesterday by Kuhn. Loeb g. Co. About half OF
the subscribers had already made their full pay
ment. taking advantage Of the per cent dis
count which allowed entire payments
made before May Is. 1t understood that prac-
ticalIy the entire s25 100000 has already been re-
mitted London.
APPLICATION TO LIST-Application has been
made the Stock Exchange to list 100000 addi-
tonal Pennsylvania collateral trust per cent
bonds of 1851 of the Erie Railroad Company. The
PHILADELPHIA, Baltimore and Washington Railroad
Company has applied 10 list $l0,570OO) first mort
gage per cent bonds Of 1913. The General Elec-
trio Company has applied to list s4.3l7,300 addi-
tional capital stock
y d nc
TED TO QCOTATTON.-NationaI City Bank GER
tfcates OF full paid subscriptions for the per
cent convertible debenture bonds of the Consoli-
dated Gas Company Of New-York have been adj
mitted 70 quotation in the unlisted department Of
the Stock Exchange.
NO NEW CANADIAN PACIFIC STOCK.-The
crfrent that the Canadian Pacific Railway
Company contemplates the issue of 100000 new
stock is emphatically denied by those intimately
acquainted with Canadian Pacific affairs.