New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-18

there was little talk OF further reduction ~ -
Bank of England rate tomorrow. This. howsv.r
seems unlikely. with the adverse tendency Of p.-,
exchange London Business in stocks was n,ro.
cally on Kafirs. where Paris had been selIr
again. Silver was hrmer. with httles more sueo
uIatfve buying.
STOCK LOAN QUOTATIONs-Loan- quo,ars,r.
were: AmaIgamated Copper. Anaconda. American
Ice Brooklyn Rapid Transit. Consolidated Ca,
Erie common. Louisville and Nashville. Manhat
tan Missouri Pacific. Peoples Gas, Reading Ar,
preferred. Rock Island. Southern Railway mr.
ferred. Southern Pacific, Sugar, Tennessee Coal
and Iron United States Steel common. Unf,.s
States Leather preferred. Wabash preferred. Snes-
ers common and Republic Steel common, "A per
cent: Atchison common and preferred. Norfolk ana
Western Metropolitan Street Railway and Unaosd
States Steel preferred. 11tQ1s per cent; Baltnors
and Ohio common, Canadian Pacific. Delaware and
Hudson Erie first and second preferred and Union
Pacific common and preferred. IL per cent; New
York Central and Pennsylvania 1 per cent; ST.
Paul. 1a1A per cent, and Western Union. Smersrx
preferred Republic Steel preferred. American Loco
motive preferred and Pressed Car preferred. nat
UNITED STATES RUBBER ISSUEs.-Unitsd
States Rubber shares sold by traders who
failed at first to understand the annual report
company which was issued yesterday. On It's 5ab-
licaton it was understood that the surpfrs OF
s722O0O was after the allowance Of dividend On TIA
preferred stock. AS matter Of fact the company
March 81. presenting. compared with the rscr
year OF 1901 an increase in gross sales to the vaas
OF $50 100000 The volume OF business done by ths
company is the largest in its history, net sales
amounting to more than SSS.O00Oo0, as compared
with nearly S 100000 three years ago. The fncrsass
ovcr last year amounted to more than SO0oOO0. TIA
company was able double its gross sales without
an advance in prices except to compensate for tia
advance in the cost Of raw material
MOVEMENT OF MONEY.-The banks lose On
So $4,000 This partly reflects the gold engaged for
export to Europe yesterday but does not cover ths
Sc. 100000 or whereabouts to be shipped tomorrow
The banks up to the close Of business on Monday
of last week chad lost S. OS6000- The Sub-rreasury
was a debtor at the Clearing House yesterday NOM
ing for $774O 21.
NORTHERN PACIFIC MEETING FURTHER
ADJOURNED-The annual meeting OF the stock
holders of the Northern Pacific Railway Company
which has been several times adjourned because
Of litigation making it impossible for the Northern
Securities Company TO vote its Northern Pacific
stock and which was called for yesterday, was
further adjourned to July :.
TO LIST ADDITIONAL UNITED STATES STEEL
BONDS-The committee on listing OF the New
York Stock Exchange has received notice from
the United States Steel Corporation that It dszrss
to list s1IO9S 90 additional cent sinking fund
bonds.
GOLD FROM PARIS FOR HAvANA-Lawrsncs
Turnure & Co. have received by the Kaiser Wilhelm
which will be transshDDed to Havana as part Of
an exchange operation This is the first Of several
large transactions OF this kind
GENERAL ELECTRIC STOCK INCREASE-
The NewYork Stock Exchange has received an
official notice from the General Electric Company
that its capital stock has been increased BY
SO. S25.50O
BURLINGTON BONDS OFFER.-CIark Dodge
& Co. OF this city. and Lee Higginson & Co. OF
Boston offer 10 investors at 1929 and accrued In
terest $5.992.00O Chicago. Burlington and Quincy
Railroad Company. Illinois Division. per cent
mortgage bonds principal due 1913. These bonds
identical in every respect with the Ss per cen.
Illinois Division bonds now outstanding. except
the rate OF interest. and legal investmani
for the savings banks OF New-YorE. Massachusetts,
Connecticut New-Hampshire and Maine. The
bonds subject 10 redemption. as a whole. but
not in part az 105 and accrued interest. on any
interest day after July 1923 on six months notice.
Such redemption. if exercised. must include tina
81. 935 go 31s per cent bonds heretofore issued