New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-02-06
WALL STREET AND EXCHANGES


900 shares IN the local market. mostly sales. The
shadow Of the Far Eastern war cloud was over
every department in the London market although
American stocks not rule MOI than Y
70 ~ per cent below parity. Consois lost /, per
cent and Russian IS Y per cent. Japanese issues
were heavy but not specially weak The forecast
OF the Russian reply 10 japan current IN London
was gloomy and may have been well founded. as
that reply has last been dispatched Paris ex-
change on London was harder and there was a bet
ter demand for money IN Berlin Bar silver showed
very fair strength.
CURRENCY MOvEMENT.-The reported move
ments OF currency this week. compiled by The
Wall Street Journal" indicate gain Of s.2S2oo
In held by the banks. They received from
the interior s. 2O and sent 20 the interior S0i-
lco OF which there was transferred through the
sub-Treasury $4,000 10 New-Orleans. The gain
from the interior s. .199.2l0 Receipts OF new
gold were & oo5 30 namely: $3.50 on New-York
Assay Ofice checks: n.oaaooo on San Francisco
mint checks and teegraphic transfers. chiefly
against deposits OF japanese yen. ard u2.iOo
Seattle Assay once checks. The Sub-Treasury
paid sJej so In redemption OF per cent bonds OF
1914. Other disbursements by the Sub-Treasury
were sis $780, payments b. the banks 10 the Sub
Treasury for customs. internal revenue. retirement
Of circulation pcr fund ETC. .22.5Is go.
The less Sub-Trcasury operations proper was
s. IS67O1 The total gain. from the interior. SO99.
30 new gold s2.02J co. and bond redemptions Sc5.
SO $3.50 600; deductng the loss OF Slo57co 20
the SUBJ redSuTN. the net gam Wa S--olL-ro 4 no
net gain from the interior IS smaller than for the
corresponding week in any OF the three years
next preceding The decrease caused By the
speculation IN cotton. which kept currency In the
South and necessitated the shipment TO the South
from New-York OF about $4,000.
STOCK LOAN QUOTATIONS-Ioa quotations
were: ATnalganated Copper. Anaconda, American
Ice. Atkinson common. Brooklyn Rapid Transit.
Erie common and second preferred. Louisville and
Nashville. Manhattan. Missouri Pacific. Norfolk
No. IF,gfr
pies Gas Reading first preferred. Rock Island.
St. Paul. Southern Railway preferred. Southern
Pacific, Sugar. Tennessee Coal and Iron. Union
Pacific common and preferred. United States Steel
common. United States Leather preferred. Wabash
preferred SHELTERS common, Republic Steel com
mon. la,92 per cent; Canadian Pacific Colorado
Fuel and Iron, Delaware and Hudson. IA per cent:
New-YorS Central. Pennsylvania. United States
Steel preferred. IL per cent: Atchison preferred
Eric first preferred. Baltimore and Ohio common,
Per cent: Western Union. Sneiters preferred
Republic Steel preferred American Locomotive
preferred. fiat.
MISSOURI PACIFIC OBSERVATION-DISCLOSURES for
the sale OF the $6C00O00 two year per cent notes
OF Missouri Pacific TO Barring. Masoun & CO. and
Kidds-. Peabody & CO. were completed on Thurs
day night Arrangements for the sale OF the notes.
mostly abroad, completed beforehand. that
the whole transaction closed up before any
part of II became public The bankers took the
notes as gilt edge. issued merely for corporate
purposes. their value being undoubted no matter
FOR what purpose used. 1t is understood, however.
that the proceeds will. be used to carry work
on the River Division pending the sale Cf further
per cent River Division bonds, Of which so O0o 90
have been issued and SCI 10000 aut rzed but
not issued.
SOUTHERN PACIFIC-The s15 10000 Of South
ern Pacific 4ies that will be listed week are
the bonds recently sold. in two lots. to Kuhn.
Loeb & ca. and other bankers, and commented on
at some length at that time. The total issue OF
these Is year bonds Is 100000 Of which s2S09l0 600
is outstanding. They subject call at
any time. and must be redeemed in 1893. They
more like u one-year note than bond and sell
as such They are secured on 81 COS 600 OF bonds
and over $50 100000 Of stock In addition 10 steam
ships equipment. etc. otherwise unpiedged.
PENNSYLVANIA AND DELAWARE AND
HUDSON.-The two conspicuous features OF weak
ness were Delaware and Hudson and Pennsylvania
Railroad. Delaware and Hudson was depressed BY
the proposition for a new stock issue. and declined
over four points The fresh borrowing by the
Pennsylvania Railroad induced sales OF that stock
which persistently declined over per cent.
AMERICAN CAR AND ACKNOWLEDGEMENTS
The Railroad Gazette the American Car and
Foundry Company has received new orders for cars
follows: Pere Marquette. 10 coaches. Wabash
II coaches. and Queen and Crescent : postal cars
GOLD FROM SAN FRANCISCo-On Thursday
United States Treasurer Roberts authorized tele-
graphic transmission Of 100000 from San Francisco
to New-York. and 100000 of japanese yen to ar
rive on February l6.
ST. LOUIS AND SAN FRANCISCO.-AppIIcatio
has been made TO the Stock Exchange to list
s2.529coO additional refunding mortgage per cent
bonds OF 1851 OF St Louis and san Francisco
DUN'S INDEX NUMBER.-Dun's Index Num-
bcr Of commodity prices proportioned to consump-
ton rose 10 $102o2S February l. against Slc0Ii2
month earlier and yiOOs2O year ago. The advance
Of per cent during the i-st month OF the current
year chiefly due to the speculation In grain and
cotton The boom n cotton has lifted the clothing
class the highest point IN twenty years. ana