New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-11-17

Of the Rock Island company is receiving rnos' ID
vorabe comment in the Street.
CANADIAN PACIFIC.-There is growing ue
rnand for Canadian Pacific stock. and it is unaet-
stood that there is a large bull following III te
issue Much of the buying however, represents III
vestment purchases, as at its current price t"e
turn is above Az per cent, a rate that HSluI3ii
snpeals 10 careful investors There Is little or the
soc, available for speculative purposes, the shares
being closely held in investors boxes in LONDON
and Canada The shares Of the companies coi'-
troIled by the Canadian Pacific are also pelNs
bought and the fact that the stock OUTSIDE ol nc
held l5y the Canadian Pacific is IN slhall supPiy
miniraizes the chance Of operators meeting ia+s
amount Of stock on the advance This Is q ledI-
IRE of minority stocks that is beginning 70 De ap
preciated by stock market operators, ,,,.
MISSOURI KANSAS AND IEAAo'-IHe us
souri, Kansas and Texas and other roads that serve
+to southwestern section OF the country report
Growing demand for household supplies ana lux
urIes among the Southwestern towns. 4hese az
new sections of the country. and the wealth a.
ouired in marketing last year 8 cotton anu -
crors is now being slowly scattered throusn '
mercantile centres by the natural demand ioi oe.
ta. modes of living and more comfort IN inc ne"
countries This tendency was checked LOT - -
nv q LITTLE uncertainty over the prospects OF inc
coming season but that assurances are So
of hountiful crops this year aAd IaF pi400s' '"0
natural movement begins in fun force
JAPANESE LOAN CESSFUL.-SubscrlPl'oii
In London to the 100000 japanese ooHuS ~
there aggregated fSo.ocNVo. Ihere Is oi''
authority for saying that the issue IN TINS county
Of the new Japanese loan Is a compiete suOO10
and that it will not be possible to hold open INC
subscriptIon list until the 22d inst. as orlelhaHy
contemplated In order to afford proper oPpoi'u
nifty to intending subscribers in the interior an
far Western cities the list will be kept open ull''
Friday morning after which no more appHcauoh'
will he received There have been various state
rnen+s as to what rate of interest the new Japan
asa Ioan Yields at the issue price or IS per cent
and interest As matter of fact the interest yield
10 the purchasers of the bonds at IS per cent ana
interest amounts to 7si per cent per ahnuIh'
CHICAGO GREAT WESTERN.-The buying OF
Crbicaeo Great Western stock has been OF such a
confident character as to imply that 1t has oeeh
based on an expectation Of a change in the owner
ship of the property before long There nave peeti
insinuations that sale might be MADE 10 the In
cago and Northwestern, which coulu iilaNo 'r a..
tageous use of the road. The Chicago Great west
ern is \ better road than was the Chicago MIME
anors St Paul and Omaha. which the Chlcaeo
and Northwestern bought and developed INTO d
highly profitable line
GOfD ExPoRTs-The National Bark of Com
roerce withdrew 81 10000 gold from the Sub-Treas
ny, Yesterday for export Cuba by to-days steam
err The engagement of Sl,O00,0oo gold by the Royal
Bank OF Canada for shipment TO Paris mas pes
cancelled so that total shipments to Europe Tor the
week will amount to s3,30000o Total gold shipments
on all accounts for the week will be S19O000o COLD
man. Sachs & Co. shipped $4,000 gold to Paris
yesterday.
APPLICATION TO LIST.-Applcation has been
made TO the Stock Exchange by the Missouri, Kan
sas and Oklahama Railroad to list S., 600 first
mortgage per cent fortyyear gold bonds OF 1875.
The Colorado Fuel and Iron Company has applied
n LIST e 200 900 additional capital stock The Texas
and Oklahama has applied to list s2'34"VW nrst
mortgage per cent bonds of 1913.
COLORADO AND SOUTHERN EQUIPMENT
NOTES Tho announcement is made that the issue
If &, gq5 O41 Colorado and Southern per cent col
lateral equipment notes, which were purchased
from the company by Edward B. Smith & Co..
Of this city and William Solomon & Co. of New
hee resold to investors. Several large blocks nave
been placed in this city The notes are secl1Itd ny
ee aid off at the rate OF $500 every three months,
at Which time the interest is also paid
CORN PRODUCTS-An officer of the Corn Prod;
,1ai,e fsir showing but 1895 should be q great
deal better Domestic business Is larger IMAM II
aver vas before ard the prospect OF lower prices
Tor corn will greatly increase the export trade
This officer of the company says there Is no uutii
IN The report that the company may be sold.
INTERBOROUGH EXPENSES.-It is said that
since the opening of the subway lnterborouSh mas
been operating for Sc per cent Of the gross earn
mgs.
HEAVY BANK CLEARINGs.-Bank clearings in
this CITY yesterday amounted to SiO7 S6 an in
crease OF Sl99 9I4. Ola as compared with the same
VAIENTINE P. SNYDER ELECTED.-valen-
tine p Snyder president OF the National Bank of
Commerce has been elected a director OF the Nor
80 rr1Is+ CCmDany fill the vacancy caused by
the death of Joseph c. Hendrix
NV TEHIGH VICE-PRESIDENT-J A. Mid
49, second vice-presdent Of the Lehigh Valley
J2af1road Company. has been appointed first vice
nTesident charge OF freight and passenger traf-
llc ,"+"r+ 10 President Thomas. has been elected
aS7rJ v;re-1rc sident, in charge of the finance,
starters in Philadelphia