New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-11
WALL STREET AND EYcHarn,,

FOREIGN TRADING.-Foreign houses -
1000 shares in the local market. all purcbass.
London consols were heavy. and stocks -
eraI were dull and Irregular. Japanese q r.
strong. while Russian IS were weak ~ ~
Russian loan was quoted at Paris at n -. ~
discount, and japanese As were quoted ~
premium. ri
STOCK LOAN QUOTATIONS.-Loa ops.,..
were: Amalgamated Copper. Anaconda ar-~s
Ice. Brooklyn Rapid Transit. Erie conmon "a
pies Gas Reading first preferred Book n,
Southern Railway preferred, Southern pss-
Sugar, Tennessee Coal and Iron. United -
Steel common. United States Leather pref.-~.
Wabash preferred. SHELTERS common and PEW
steel common. IL per cent; Atchison Commas
preferred. Baltimore and Ohio common cana.
Pacific Consolidated Gas. Delaware and Hvs,-
Erie first and second preferred and Union -.
common and preferred / per cent; NewLYork -
trail and United States Steel preferred. 1sgs i,
cent: Pennsylvania. q per cent; ST Paul al =.
cent. American Locomotive preferred, 1Ss per -
Pressed Car preferred. LIPS per ce1t, Wsrs,
Union. Shelters preferred and Republic Steel :,
ferred fiat and Louisville and Nashville. Mania
tan and Missouri, 161ri Per cent.
WABASH TERMINAL BONDS--It Is repo-s
that a bond issue OF the new Wabash-Pittss--
Terminal Company will be made on June l. a,
that the Pittsburg and Toledo syndicate Ens.
writer's will receive S3 10000 az the first morisa
-,
e 600 COO of the remainder. It is said that atl
e ooo eco will be placed on the market. This -
10 half Of the 100000 issue It is said also b:
the underwriters will receive al Of the secs.i
MORTGAGE issue Of 100000 and SiaeC8M
yyabasb common stock. The first morsags hra
are valued by the syndicate managers at g. ma
ing the syndicate shares Sd per cent The sss-t
mortgage bonds are valued at o. ana me corze
stock at IL This will give the UNDERWRITERS q
fur a
stock being allotted with each 800 su6sCrpto-
4 MONEY MARKET FACTOR--The pr17rss
withdrawal OF several additional large trust N,
r,,,ias from association with the NewYork Cir
ing House banks viii have the effect OF ineTssss,
70 n considerable extent the available supplies Z
money at this centre. These companies, az1s
others. had previously. in accordance with. 4,
amended rules OF the Clearing House ASSOCIATE
established n reserve OF ~ per cent As n
,11,,s+-atioD one of these trust companies now IA
s,n Ooo O90 on deposit with various banks in ~
CITY against which reserve OF S-,7-J"o has tas
held bv the banks. BY retiring from the Cisa.,g
House the obligation 10 retain this reserve Y
no longer exist.
RUSSIAN LOAN AT A DISCOUET.-Lonacs-
TIVE new Russian loan. which is expected 70 b
offered TO the public as a > per cent issue at N
is offered az -. per cent discount II London a.
even If it comes out the feeling is pessfmistis q
the chance OF any public application The d
cor,Dt * the more renarEable "a the japanese l1
IS still quoted at 27s per cent premium
PANAMA PAYMENT.-The Sub-Treaslry VI
creditor at the Clearing House yesterday SaeaE
This re1resents mainly the difference betvz
Tinted States deposits returned and the S5f1E
Panama payment. The checks Ior lle remains
Sl5 O0O COO Panama payment have not Yet oeen N
sentCd and viii not go through the clearing Ho.a
ELECTION OF STOCK EXCHANGE VICE.
a special meeting Of me sovs-.
ing committee of the Ne1-York Stock Exchasg,
held yesterday afternoon, Charles W. Maury Va
elected viCe-preSident.
JAPANESE GOLD FOR NEW-YORK-Tass
will be deposited $4,000 foreign gold in san Fr-s
cisco on May 1s FOR payment in New-Eork-
GOLD EXPORTS. p Morgan & Co n.
Tomorrow. and 81 $4,000 in coin at the S1o-IT@-
ury making a total Ct S2.5C0o0p.
A QUARTERLY DIvIDEND.-The Bond al
Mortgage Guarantee Company. OF No 175 Rernss,s
St Brooklyn. has declared a quarterly dividend Z
2I3 per cent. payable Nay u 10 sJockholdeTs 9
record on the closing of the transfer books q.
on MAY 16
OFFER OF BONDS-Dominick & Domntck {;
No 10o broadway are Offering S750O09 Central Ir1,
lana Railwey Company first mortgage FER cert
gold bonds dated Nav I. 1873. coupons PAYABLE Ms'
and November. due May I. 1858. The Central TrH;
Company of New-Yorz IS trustee Each bo.t 4
guaranteed by iudorsemeuC as 10 principal ana 2.
terest by the Cleveland Cincinnati. Chicago anus
Louis Railway Company me amount auIhcIiA-ll
81 a. OOl and the amount outstanding I-5.aO'H- =
bonds are in coupon form. hut may be registered
10 principal. and by SUrrendering coupons be-
principal and interest may be registered
REPORTED NETWORK CENTRAL LOAN
Nev-York Central was weak yesterday on p
vivaI OF the report that the company was about
place loan of SloOooCE0 On small transactiaz
the stock sold down to llS's. closing 5 above Ia
price, net decline for the day OF IA points