New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-04-07
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Forefsn houses dealt IN
q 90 shares. all purchases IN London the In
prOvement noted generally in the securities mar
kets on Tuesday was maintained The new Ihsa
loan ruled at II. per cent premium. Features Of
the market included strength in South African
mining stocks Paris buying and buOyancy in
copper shares. This last Is reflected in a gain Of
- per cent. 531s. IN Rio Tntos japanese issues
shade higher. while Russian imperial Is aTs
slightly lower.
STOCK LOAN OUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice. Brooklyn Rapid Transit. Erie common. Ms
souri, Pacific. Norfolk and Western. Peoples Gas
Reading first preferred. Rock Island. Southern
Railway preferred. Southern Pacific. Sugar Ten
nessee Coal and Iron. United states Steel COM
mor United States Leather preferred. Wabash
preferred Shelters common and Republic Steel
common. IS per cent; AtchisOn common and pre-
ferred Baltimore and Ohio common. Canadian Pa
cifc Consolidated Gas. Delaware ard Hudson.
Erie first and second preferred Louisville and
Nashville. Manhattan. Metropolitan Street Rail-
wav Union Pacific common and preferred and
United States Steel preferred. II per cent New
York Central. Pennsylvania and St Paul "a per
cent: Western Union. Shelters preferred. Republic
Steel preferred and American Locomotive preferred.
fiat
LOUISVILLE AND NEUTRALITY-SUSPICIOUS.
has been made 20 the Stock EIchan~e 10 LIST
S2S.0eNO Louisville and Nashville Railroad Com
pany 5-2o-year Irust bonds OF 1928 IN Narcn US
Railroad Company so collateral trust per cent
gold bonds was authorized 20 provide funds 70
retire a floating debt of 100000 created by pay
ing of. on August l. 1902. $1.9si660 Of Mempnis'
CIarksville and Louisville Railway sterling per
cent bonds. and by purchase OF Atlanta, knoxsius
ard Northern Railway stock. % retire >s'o.e1
Louisville and Nashville Railroad Company ~
collateral trust per cent gold bonds OF 1888 10
supply 20 the South ard North Alabama Railroad
Company $4,000 with which 70 pay oN HAs
amount OF their per cent sterling bonds. ma'dl-
ing May l. 1908. and TO take Of extensions ana
improvements and additions 20 property and equip
u7enr already aut horzed by the board Of directors
The sale Of S23 u0O9 of these bonds was neSotiA'e4
in March. at a price which yielded net 20 the COM
pany S21o45,O0. payable in instruments to suit 10
requirements. On June 50. 1898. there had 0esh
delivered S1I.4so000 Of these bonds.
NEW BURLINGTON BOND ISSL E.-The ocara
of directors Of the Chicago. Burlington and quincy
Railroad Company has authorized the issue or an
additional N4 +s2Ot0 per cent bonds. the procee-'
OF which will be used TO fund the company 5 hoar
ing debt and short time obligations lncurIsu ~
making general improvements within the asst t"'
years A part Of the issue VIII be used FOR the pu'-
chase Of equipment. 1t is announced tnat .
bonds have been sold 70 Clark. Dodge * Co.. OF Us
CITY, and Lee. Higginson 4 Co.. of Boston
INTERNATIONAL PUNIP.-The entire plant o.
the International Steam Pump Company viii soo'
be established at Harrison. y. J. The new onl1-
ings at this place are about completed and IL : -
iieved by the management of the company 1AS' -.
transfer Of the manufactures business Oh %
concern from South Brooklyn 10 HARRISON VS.
be made in the latter part of next month. by ~
ing from Brooklyn to Harrison the lntefni'-''.
Steam Pump Company will be able to reduce =
expenses and increase its earnings Tn rs ~
quarters it Will have far better trans2oIJa'oh -
cilites and il is estimated that with its improve
machinery and cheaper charges for the sAigI'
of its products it will be able 20 reduce - y.
Grating expenses by a large percentage from ."
present rate. Earnings of this concern are iAc's
ing. and according 60 the reports Just receives
from official quarters. results for the ias' -
months have been far in excess of dividend rea"l
meuts both on the preferred and common s t'eAs
In the Ncw-York market there has been an seo
investment inquiry for the SOmpanys secui'
but there is very little Of the stock for sale
INCREASE IN wEsTBOUND TRAFFI1
Trunk line traffic men say that the "eS'
freight traffic is increasing to remarkable ex'eI-
Shipments OF merchandise and machinery to DO
in the Middle West and beyond the Mississippi q
far greater than We're expected early in the So -
MISSOURI CROP REPORT.-The Official -
souri, State crop report for April makes the -
condition 81 per cent. compared with ~ AAS'
cember. 90 last April and 90 last June. some =
sian flies are reported in the largest WheaI -
ties ox
GALVESTON HOUSTON AND HENDEi,
RAILWAY EI.EC~TION.-At the annual mee'i"s
the stockholders OF the Galveston. Houston
Henderson Railway Company. held IN GAi''
Tex. the retiring directors were re-eieete' ,,,-sr
NEW DIRECTORS FOR MANHATTAN ~ ~
COMPANY-W Murray Crane. ex-GOVerh
Massachusetts. and Clarence II. Mackay pres ..,.
of the Commercial Gable Company. have oee