New-York tribune., 1904-10-04
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses dealt IN
upward OF DOo0 shares IN the local market selling
heavily on balance. In Loadou government securi-
ties and home rails strong and higher There
was no material change in foreign discount rates.
but cable advices foreshadoved an advance in the
course Of the next few in the price OF money
IN London.
NATIONAL LEAD-Natonal Lead issues were
strong features in yesterdays market. the common
enjoying net gain OF Ia and the preferred net
gain OF 10 per cent. The upward movement vas
associated with the proposed merger OF the National
Lead Company and the United Lead COMPANY Ne
gotiations for combination o. these two companies
have been under way for a long time past, and II
IL now reported that the deal viii soon Re brought
20 a successful clos.
ATTRACTIVE INVESTMENT OFFERINCSS.-
Farson. Leach & Co. in their october Investment
circular. OFFER a number % attractive Investment
issues yielding a rate of income which ought 20
prove attractive 10 people with idle money on their
hands This list OF investments includes State and
clty bonds bonds OF representative railroad COM
panles and OF well known gas companies.
BALTIMORE AND OiIIO'S COAL TRAFFIC.
Marked Improvement Is reported ip the coal trafio
- the Baltimore and Ohio n the last few weeks
IN the FaI-mont coal region in West Virginia a
general revival IN the coal trade Is under way. and
as q consequence. the coal tonnage on fhe Balt-
more and Ohio system. especially on the eastern
extent
DELAWARE AND HTDSOS.-It Is reported in
we'll informed quarters that Standard oil interests
have absorbed a moderate amount OF Delaware and
Hudson stock in the last two weeks The Standard
OIL party has long been identified with Lacka
wanna anc Ia understood that II s increasing its
holdings % all the anthracite securities.
SOUTHERN PACIFIC PREFERRED STOCK
PAYMENTS The second instalment OF sUbscTiP-
tons 20 the new Southern Paciic preferred stock
amounting 20 Is per cent. paid yesterday. SO
far 81 per cent of the total OF the stock has
v~ftA0 disturbance
money market The actual certificates for the
stock will be issued early IN December.
GREENE CONSOLIDATED GOLD--On the curb
Yesterday Greene Consolidated Gold stock was
dealt IN Cor the first time There were transactions
amounting 70 go shares at 1:a4 The par value OF
the stock Is SO According 20 gossip on the curb
the stock IS expected 10 become one Of the active
features.
United STATES STEEI. PREFERRED.-It was
r,norted that James r Keene important
factor in the upward movement IN United States
s,e.l preferred and that many shorts IN the stock
we're caught between . and 70. II is understood
that the Deutsche Bank has taken large amount
OF steel r~eferred IN the last few days for invest
rnent account - -
IEAVY GAIN IN BANK CLEARISGS.-B Bank
.,.a,,-,. IN New-York yesterday showed an in
o-.ase over the same day year ago OF S4 39,4 4s2.
:, chicago -here was an increase OF sS.54l S4. IN
uoson ar increase OF S.51s go. and In Philadelphia
an Increase OF s2764, IS
MOVEMENT or MONEY.-The local banks have
,o,. an ,be,r operations with the sub-Treasury up
rad OF 100000 since Friday night. The Sub
treasury yesterday transferred SoO0O TO New-Or-
rsnns for account OF the city banks. There was
deposited IN San Francisco yesterday for transfer
10 New York $4,000
sI-GAT, PRICES LOWER.-T'he American Sugar
R.dnlng Company has reduced The price Of refined
sugar ~ points. while b. II. Howelrs Son & Co.
have met the cut. Arbuckle Brothers have not
changed their prices which on the basis OF the
trusts list
WABASH EARNINGS INCREASE-Earninr- OF
an increase of sg25S5. making a sain for the month
Of ssee. "a and from July gain Of <Sll.ssl