New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-20
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses deal. IN
upward Of five thousand shares in the local MARKS.
mostly purchases In London Consols were hfxhsr.
also Japanese IS. which advanced ~ In P.r,a
Russian As were frmer.
STOCK LOAN QUOTATIONs.-Ther was IN.
little inquiry in the stock loan department Of ths
Stock Exchange this morning. Loan quotations
were: Amalgamated Copper. Anaconda. American
Ice. Brooklyn Rapid Transit. Erie common tr.t
and second preferred. Louisville and Nashville
Manhattan. Missouri Pacific. Peoples Gas Reafnz
first preferred, Rock Island Southern Railway pre-
ferred. Southern Pacific Sugar, Tennessee Coal ard
Iron. United States Steel common. United states
Leather preferred. Wabash preferred Shelter,
common and Republic Steel common. ia per cent,
Atchison common and preferred Baltimore and
Ohio common. Canadian Pacific Consolidated Gas
Delaware and Hudson and Union Pacific common
and preferred. Il per cent; Norfolk and Western.
Metropolitan Street Railway and United STATE,
Steel preferred. 1ls91% per cent; Pennsylvania and
St. Paul. IL per cent: New-York Central r-
cent. and Western Union. Shelters preferred RI.
public Steel preferred. American Locomotives prs-
ferred and Pressed Car preferred fat
MOVEMENT OF GOLD-GoId exports yesterday
amounted 10 S4s0o0o0. making the total so sar FOR
the week S1S5O,Oo0 1t is thought that upward Of
100000 more will be sent out tomorrow. The bank
surplus reserve last week S2,sZ7 $50 and 50 ar
this week the loss on Sub-Treasury operations has
been over $I1O0O,O00 Recently the banks have
gained net from the interior each week anywhars
from 100000 to $6OoO0OO. So far as may DO est
mated equally large net gain in money rom
the country VIII be seen this week. Is Indicated
by the increase IN tho premium upon New-York AK
change at Chicago yesterday to 4Oc per $. ooO
JAPANESE BOND DEALINGS ADJUSTED
There has been some controversy on the curb among
those who have traded IN the Japanese per cent
bonds regarding the terms Of their delivery N q
general way the bonds traded IN when issued
The trouble is that first no distinction was made
IN ~1-a
be secured. Subscriptions to the bonds were made
at fixed price with accrued interest at per
cent until June 90. The bonds be fully paid
May % with rebate at the rate Of per cent for
the difference in time. This makes differences OF
thirty-dve days interest at per cent IN favor Of
the earlier delivery. Those who have arbitrassd
the bonds between London and Nsw-Yorl nat
uraIIy DESTROYS of getting them delivered on the
earlier date. Dealings yesterday were by almost
common consent on the basis OF delivery June 30
unless distinctly specified 70 the contrary. Ths
amount involved IN uncertainty is small and will
be settled between the buyers and sellers thxa-
selves.
THE FOUR-TRACK NEWS FOR JUNE
The June issue Of THE Four-Track News" which
IS issued by the passenger department Of the New
York Central and Hudson River Railroad. contains
an unusual amount OF valuable matter that VIII
appeal to the general reader, as well as to ths
traveller. Wen known writer's have contriourec ar
tIcles on various topics Of current interest Snls
the usual features. including fine illustrations nap
TO make UP an attractive and readable masa1hA
LINsEED OIL REDUCED-Ths price os city m
seed oil has been reduced &c a gallon. and QnetAr
lions at present are the basis OF 400 to so Los
raw and 42c TO 43c for boiled. as 20 Guantity' Ia
market remains generally quiet
GULF AND SHIP ISLAND ROADS COrION
TR AFFIC-The Gulf and Ship Island Ranroa-
Company during the ten months ended AprI I"
handled III bales Of cotton. increase OF wv
bales over the same time in 1903. and a decreasso,
ISIS. as compared with the corresponding psf0N
of 1902.
the ten months OF the current fiscal year the Los.
lana and Arkansas Railway COMPANY handled Aes
bales Of cotton compared with l0'S'S 0a'S' -
1eC2-'0S and 1929 bales for 1ol-02.
UTAH FUEL APPLIES TO LLST-Appic1aO-
has been made 10 the Stock Exchange by ths 80 -.
Fuel Company to list 100000 additional per eSN'
sinking fund first MORTGAGE bonds of 1881
BUFFALO AND SUSQUEHANNA IRON CoSr
PANY-Coupon No. l. due June l. 1894. from tas
first mortgage per cent gold bonds OF the Buns-o
and Susquehanna Iron Company will be pald -
maturity at the office Of Fisk & Robinson. va -
Cedar-st
BUFFALO AND sUsQUEHANNA RAILROAD
The regular quarterly dividend of per cent on 10
preferred stock of tho Buffalo and SusGuehaIl"
Railroad Company has been declared payable JuA'
I. 1904 to stockholders OF record on May Is, lSA
Adolph Goepel has been elected a director U -
Trust Company Of America. to I'LL the NaeA
caused by the death of Ashbel P. Fitch
CUBAN BONDS TO BE OFFERED.-Speyss.
Co and their European houses will offer for pus.s
subscription next week SS5.OO0.OOO Cuban per
gold bonds