New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-03
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
$500 shares in the local market all sales. In
London consols lost q per in the day. and the
copper stocks weak and lower The situa-
ton In the Far East was again the disturbing
factor, and even the sanguine advces were
gloomy and uncertain.
TO BE FULLY RESTORED TO MEMBER
SHIP-In response TO a request by Leonard
Schafer for a ruling as his future standing the
governing committee Of the Stock Exchange at its
last meeting passed the following:
Resolved, That, in the opinion Of this com
rnittee Leonard Schafer. upon the expiration Of
his of suspension January T. 1904 will be
restored to any and all OF his privileges Of mem
bership. and that thereby the firm of Zimmerman
& Forshay is reinststed a Stock Exchange
firm"
COTTON OBSERVATION-DISCLOSURES to Tho FL
nancial Chronicle the total receipts cotton for
the week ended December p reached 2S7,7G4 bales
against 265,ll3 the previous six days and 2sS So
weeks ago. making the total receipts since
September !. 1903, 520ll1S bales against 49lG 673
for the period Of 1902. showing an increase
since September l, 1903. OF 2s4.t45 bales.
CENTRAL PACIFIC BOND RETIREMENTs.-
The Central Pacific Railway Company has set
aside $4,000 to redeem its 31a per cent mortgage
bonds Of 1889 and s25 900 redeem its first refund
Ing mortgage bonds. and bids invited for the
surrender of such bonds at prices to be named by
the bidders to the amount requisite to exhaust the
Gums.
Wilhelm, which arrived Thursday from Europe
brought 1888 90 gold consigned National City
Bank S243. 800 consigned 10 the Royal Bank OF
Canada and S204,372 consigned TO Lazard Freres a.
total OF sS3a, 742.
BANK CLEARINGS-The total bank clearings
OF all clearing houses Of the United States for
the week ending January wers Sl,9l2 40 Ss
against A636,2s02sS in the preceding week and
s2274 92s, 622 in the corresponding week last year
APPLICATION TO LIST.-Ap pIication has been
made to the Stock Exchange TO list E4o6S 600 Con-
unental Trust Company engraved certificates Of
deposit for per cent tenyear convertible debent-
bonds of 1911 Of the Colorado Fuel and Iron
Company.
ARBUCKLE BROTHERS ADVANCE SUGAR
Arbuckle Brothers have advanced the Drice If
graduated sugar ten points bringing their selling
price UP TO the level that of the American
ard National companies.
TWIN CITY RAPID TRANSIT BOND OFFER -
Veraailye & Co. OF New-York. Boston and Balti-
more. announce that, having already sold to in
vestors nearly one-half OF the present issue of
100000 Of Minneapolis Street Railway COMPANY
and 81. Paul City Railway Cmpany consolidated
mortgage Per cent gold bonds, they offer the re-
naming bonds at par and accrued interest sub
1ect 10 previous sale and advance In price The
firm recommends these bonds as safe and desirable
investment. The payment of principal and in
terest Is guaranteed by the Twin City Rapid Tran
sit Company. The Central Trust Company OF New
YORK. Is the trustee The bonds are secured by a
mortgage executed jointly ana scveraIIy bv the
minneapolis Street Railway and tho s. Pa,,J c--
Railway companies. which are tho principal under
lying companies constituting the Twin CITY Rani6
transit system The surplus income OF tho corn,
pany in 1902 1921 esl. and for the eleven rnontb
to November 80 1908. the surplus income REPAIRED
was sSlssp over all fixed charges for the period.