New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-21
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses dealt Fl,
upward Of twenty thousand shares in the local
market, sales and purchases being evenly dIstrib-
uted. In the London market stocks closed firm
after early weakness There was no material
change in foreign money market conditions
STOCK LOAN QUOTATTONS.-L4oa quotations
were; Amalgamated Copper. Anaconda, American
Ice. Brooklyn Rapid Transit Erie common Peo-
pies Gas. Reading first preferred. Rock Island
southern hallway preferred Southern Pacific
Sugar. Tennessee Coal and Iron, United States
Steel common. United States Leather preferred
Wabash preferred. Shelters common and Republic
Steel common. Ia per cent; Atchson common and
preferred. Baltimore and Ohio common, Canadian
Pacific Consolidated Gas, Delaware and Hudson
Erie first and second preferred. Norfolk and West
ern, Metropolitan Street Railway Union Pacific
common and preferred and United States Steel pre-
ferred, l per cent: Louisville and Nashville. Man
haitian and Missouri Pacific. lQI4 per cent; New
York Central and St Paul s4QI per cent; Penusvl-
Vanla, q per cent. and Western Union Republic
steel preferred and American Locomotive pre-
ferred. fat
CANADIAN PACIFIC.-There is excellent eu-
thorlty Tor the statement that at the next dividend
meeting of the Canadian Pacific an extra dividend
OF n OF per cent or per cent VIII be- declared.
Efforts are being made by certain speculative in
terests to keep the price of Canadian Pacific stock
down. but the chances It Will advance with the
general market especially as It is being absorbed
by careful buyers both for local and foreign
account. Earnings OF the company continue to
make large gains over last year. and. the crop
prospects In the companys territory foreshadow n
bumper yield. traffic returns should be most salts
factory In the next twelve months. For the second
week IN July gross earnings of the company showed
gam over inc same time year ago of $1,000
making for the weeks Of the month \ total
gain Of $4,000. Canadian Pacific has capt,Ired
large share of the Oriental trade, which means
much its stockholders
SECURITIES LISTED.-The following securities
have been added to the Stock Exchange list: s6o7-
y" additional preferred stock Of the Baltimore and
Ohio Railroad Company $4317,3JO additional capital
stock OF the General Electric Company S. 992 coo
Illinois Division mortgage per cent coupon bonds
OF 1919 OF the Chicago, Burlington Quincy Rail-
ROAD Company, so6s5SoO additional preferred stock
Of the vrgina-Corolina Chemical Company $64S-
600 additional per guaranteed refundine mort
gage coupon bonds OF 1896 of the Kansas CITY Fort
Scott and Memphis Railway Company and ST. PCS 900
additional per cent refunding mortgage coupon
bonds of 1851 Of the St Louis and San Francisco
Railroad Company.
SOUTHERN PIG IRON IIIGHER-Jt Uas an
nounced yesterday that IN advance had been or
dered in the minimum price OF Southern pig iron
NO. from ~ 70 to 50 90, and that all producing
companies would unite in the higher schedule
NORTHERN PACIFTTS DIVIDEND-A divi-
dend of lla per cent for the quarter and an extra
dividend OF 4 of per cent PAYABLE August
nave been declared on Northern Pacific stock
Ihese dividends are the same as the April figures
IN January III PEI cent. without any extra divi-
a. W tie present calendar year
to date the company has paid per cent
NEW GOLD FOR NEW-YORK.-Gold. new, prod
ucts OF the mines 10 the amount of sos 600 ha,
been deposited in San Francisco for payment in
New-York.
SOUTHERN PACIFIC PREFERRED STOCK
AoIHORlZED-At the special meeting of the
stockholders of the Southern Pacific company held
at Beechmont KY, yesterday. 1t was voted 10 an
prove inc proposal OF the directors increase the
capital stock of the company by slOOoOoOOo IN CON
IN he aptitI
each fiscal year at such rate. not exceeding nor
cent per annum. payable serni-annually out OF the
net prohts as shall be declared by the board Of d.
the common stock VIZ