New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-06-18
WALL STREET AND EXCHANGES.


FOREIGN TRADING.-Foreign houses dealt in
10000 shares the local market. selling balance,
chiefly Southern Pacific. In London investment
shares were strong. Consols closed at small
advance. In Paris rentes were heavy. In Berlin
iron shares were weak
STOCK LOAN QUOTATIONs.-Loan quotations
AmaIgamated Copper, Anaconda, American
Ice. Brooklyn Rapid Transit. Erie common. first
and second preferred Louisville and Nashville.
Manhattan Missouri Pacific Peoples Gas. Reading
first preferred, Rock Island. Southern Railway
preferred Southern Pacific. Sugar Tennessee Coal
and Iron United States Steel common. United
States Leather preferred, Wabash preferred. Smet-
ers common. Republic Steel common 1gll4 per cent;
Atchison common and preferred. Baltimore and
Ohio common. Canadian Pacific. Consolidated Gas.
Delaware and Hudson. Norfolk and Western. Met
ropolitan Street Railway Union Pacific common
and preferred United States Steel preferred. per
cent: New-York Central Il per cent; Pennsylvania,
ST Paul q per cent; Western Union, fiat; Shelters
preferred Republic Steel preferred. American Loco
preferred. Pressed Steel Car preferred 1-2s
per cent: United States Leather Wabash. Shelters
common Republic steel common. 1g1k per cent
NEW RAILROAD OBSERVATION-DISCLOSURES to
The Railroad Gazette" the following companies
have ordered cars from the American Car and
Foundry Company: The Southern Pacific Com
pany $50 steel under-frame box cars; the Oregon
short Line Railroad Company. 80 steel under
frame box cars; the De Queen and Eastern Rail
road Company. u logging ears; the Southern Rail-
way Company combination baggage and mail
cars. the New Orleans and Northeastern Railroad
Company. ! mail car miscellaneous parties. 90
various types. II is reported that the Pull
man company has received order from the
Canadian Minister OF Railroads for four coaches
to be used on the Intercoonial Railway. Il is
said that tho Louisville and Nashville Railroad
Company is figuring CO COO box cars and 100 coal
cars to be built at its own shops. The Canadian
Pacldr Railway Company Will construct 100 stock
cars s. fat cars and % passenger refrigerator cars
at its Perth shops The Denver. Enid and Gulf
Railroad Company Is having % freight cars built.
The Montpelier and Wells River Railroad Company
IS having r. freight built The Ohio and
Kentucky Railroad Company denies that It is in
the market for equipment.
NORFOLK AND WESTERN BOND ISSUE AP-
PROVED-At the special meeting of the stockhold-
Crs Of the Norfolk and Western Railway Company
yesterday the proposition to authorize the issue OF
S35.0c0tU1 forty-ycar gold bonds 20 bear interest
not to exceed per cent, approved. The mort
gage viii be first lien the extensions. and
branches which free from the lien OF the
first consolidated mortgage. and such extensions
and branches as may be acquired out OF the pro-
cecds of the new bonds. and also lien, subject to
the first consolidated mortgage. the properties
covered thereby. The bond issue is for the pur-
pose Of reimbuTsing the company for large
penditures FOR Improvements and to provide fur
thor facilities meet the requirements of the
compauys growing traffic
GRAIN EXPORTS FOR THE WEEK-"Brad-
streets reports the export of grain for week
with comparison. in bushels, follows: Wheat
-four included. 2Oi4.25 against 14S2032 last week.
36l7 In this week last year. $3.50 434 In 1902 and
$50 in 1901. since July l. 1871 602. contrasted
with 266S $50 last season. 2i076057 In 1902 and 26.
75 in 1901 corn 99S compared with $50 last
week. 1oS93S2 year 1899 in 1892 and 2iS5.-
49, in 1901 from July l. 5o63 9l3. against S4299s9
last season 1902 and 169Ol5.656 in 1901
SOUTHERN PACIFIC.-Traders sold Southern
Pacific in the last hour apparently with the idea
stock. Some stop orders were caught at As. and
among them the stock sold by F. W. Savin & Co.
said TO have been Of this character. 1t was
ported that James r. Keene had sold his holdings
Of the stock to the Hartman interests on the curb
Southern Pacific preferred. when issued. declined
from 100 TO ZIG and the rights from 3a4 TO 2%.
APPLICATIONS TO LIST.-The following appli-
cations were made to the New-York Stock Ex-
change to-day: Missouri Kansas and Texas Rail-
way Company of Texas $601.OOO additional first
mortgage per cent guaranteed bonds OF 1912 and
Detroit city Company s1745Oo additional capital
stock: Rio Grande Western Railway Company
1000 additional mortgage and collateral trust
per cent bonds. sub-seres "A" of 1919.
steel. RAIL ORDERS.-The Illinois Steel Com
panv of the United States Steel Corporation has
secured an order of 10000 tons Of steel rails for
British Columbia OF 5000 tons for a Western.
road and Of 1900 tons for an electric traction
road. The Iackawanna Steel Company has n new
order of 10000 for Southwestern delivery. The
Carnegie Steel Company has order 5000 tons
for II Central West road ard several orders for
traction roads
AMERICAN LOCOMOTTVE-The American Iso-
connective Company has received order from the
Norfolk and Western Railway Company for seven
simple consolidated locomotives. The Norfolk and
Western Railway Company has ordered seven sim
pie consolidation locomotives from concern IN
Philadelphia.
CHICAGO GREAT WESTERN NEGOTIATIONS
A e. Stickney president of the Chicago Great
Western will sail for London I'm week or ten
DAYS 1t is understood that negotiations In that
city affecting the Chicago Great Western property
will require his presence. 1t has recently been re-
ported that the Canadian Pacific negotiating
for the purchase of the Chicago Great Western
MOVEMENT OF MONEY.-The principal move
ments OF currency this week indicate that the
banks gained thereby upward OF 100000
j. T. MORGAN'S RETURN.-A London dispatch
says that ]. Pierpont Morgan will sail for New
York on June %. has been understood here that
Mr.. Morgan intended TO arrive in this city in the
second week OF July
TO CLOSE ON JULY 1.-The board of managers
of the Coffee Exchange yesterday voted to close
the Exchange Saturday. July 2. The Cotton
Exchange also will be closed that day. and the
governing committee OF the Stock Exchange Will