New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
5000 shares In the local market buying on balance
There was a disappointing absence Of buying for
the new account in London and the inference Is
that the war IS still keeping London operators out
OF the market The carry over IN London. II any
thing. indicated some small short account Open
STOCK LOAN QUOTATIONS-Loan quotations
were: Arnalganated Copper. Anaconda. American
Ice Brooklyn Rapid Transit. Erie common and
second preferred Louisville and Nashville. Man
haitian. Missouri Pacific. Norfolk and Western.
Metropolitan Street Railway Peoples Gas Reading
Grst preferred. Rock Island. Southern Railway pre-
ferred Southern Pacific. Sugar. Tennessee Coal and
Iron. Union Pacific common and preferred, United
States Leather preferred. Wabash preferred. Smell
ters common Republic Steel common. 10 per cent:
Atchison common. Baltimore and Ohio common.
Canadian Pacific, Delaware and Hudson, Union Pa
cifc common. ~ per cent; Consolidated Gas. Ia
IL per cent; Neyy-York Central. St Paul. Id1 per
cent; United States Steel preferred. IA per cent;
Atchlson preferred Erie first preferred. cent;
Western Union, SHELTERS preferred. Republic Steel
preferred. American Locomotive preferred. fat
MARKET GOSSIP.-Although there little
doubt that the traders were hammering the market
wherever the bull account looked weak. It was
obvious that good deal Of long stock was coming
out quietly. continuance OF foreign selling. but
not through the arbitrage houses In particular.
had bad effect The essential weakness OF the
market shown by the quotation for Lacka-
wanna which was 245 bid 30 asked. while the last
sale was at 262. The weakness in Erie started with
a little hammering by the traders on the chance Of
disodging the long stock They were successful
beyond their expectations and this seems TO be
one OF the few stocks held specula lively by the
commission houses. Houses with German connec-
tons sold Baltimore and Ohio. Some quiet selling
OF Rock Islanl for Amsterdam was reported
There is no truth in the report that some OF the
holdings OF the Whitney estate IN General Electric
and Consolidated Gas were realized In the day.
The Western houses sold stock freely throughout
the day. Cincinnati In particular. was a heavy
seller Of Atchlson and Union Pacific. The selling
Of Southern Pacific by l. Levy & Co soon wiped
out the early advance. The floor traders were IN
clned to think that this was long stock, although
II IS said that Mr. Keene has taken the short side
of the market.
BROOKLYN RAPID TRANSMITS movement
OF Brooklyn Rapid Transit. since the stock sold at
a. represents liquidation OF tho pool that put II
there The strongest interests associated with the
company are not IN the market; and there Is the
best authority for saying that they are now trying
to fortifv the road out OF earnings.
GOLD FOR NEW-YORK.-Treasurer Roberts
has authorized the Geographic transmission OF SS-
900 new gold san Francisco TO New-York. and like
transmission OF 10000 worth Of japanese yen TO
arrive at san Francisco on March ! next
NORTHERN PACIFIC EARNINGS.-Earnings
OF the Northern Pacific for January show a loss
% sl75at as compared with the same time last