New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-24
WALL STREET AND EXCHANGES

FOREIGN TRADING-Foreign houses wers not
factors in the local market. as the London tx
change was closed.
STOCK MARKET GOSSIP.-The advance IN
Amalgamated Copper was thought to be duo to
pool operations. The rise began with the purchase
OF 5o0O shares by r. II. Thomas & Co. In United
States Steel preferred heavy buying was reported
by HOLSTER & Babcock and George B. Butler q
Bro. Atchison was helped by the optimistic
marks on the company's present condition and
prospects made by the president Of the road few
DAYS ago. Reading and Erie were bid up on the
belief that the earnings Of the anthracite coal
panies from now would show material improve
ment. 1t thought that the Standard Oil inter-
ests were working for the long side Of tbs
market Covering of shorts active throughout
the day On the curb there was active trading in
the new Cuban bonds at sS14. S5O0oO Of the issue
changing hands at that figure. The japanese IS
were moderately active around "a
GOLD EXPORTS.-No engagements OF gold FOR
export were made yesterday. and bankers who
made preliminary arrangements last week to ship
to-day announced that they were unable 20 secure
a sufficient number OF gold bars. and that they
would therefore not send any Of the metal BY TO-
davis steamer Lazard Freres probably will ship
81 100000 on Thursday. and possibly other firms
will also ship on the same day. Sterling exchange
was weak. with demand rates Is point lower than
last weeks closing quotations
MAY ANTHRACITE PRODUCTTON.-Ths May
production OF hard coal Is expected TO exceed
largely the output for April, which broke the rec
ord with s. 4077SS tons. against 5O400 IN April last
year. Although business last year was exception
ally heavy. the April tonnage this year Increased
49, 7S5 tons The Reading. Pennsylvania Coal Com
pany and Lehigh Coal Company, IN particular are
expected to show large Increases.
WABASH TERMINAL BONDS-Tt Is estimated
that the Rockefeler-GouId interests will take for
investment about a5.Ooo.OOo OF the new Wabash
Terminal securities. which viii be issued In June
-nnOnl oP fha 0r7fiz t0,
In The president Of the Wabash company esti-
mates that one year after the opening Of the Pitts
burg line the full income on the new second mort
gage issues Will be shown
UNITED STATES REALTY PLAN-It Is re-
ported that the plan OF the United States Realty
Company which will soon be announced VIII cal
for a substantial reduction OF the present CAPT.
+aIization 1t is understood that tho plan also
calls for an issue OF bonds and one class or STOCK
IN exchange for the present preferred and common
stock
Jersey CENTRAES EARNINGS-Earninss OF
the Central Railroad of New-Jersey for April make
a favorable comparison with the same month
year ago showing an increase in gross OF soo5S
and an Increase in net Of S2O9S46. The surplus
after charges amounted TO SS22SSS. an increase Q.
NHE3. From July gross earnings have Increases
over 8 SO0O00 net earnings over N.So.N0 anu sur
plus over A.S0oOoo
q AND Ms BIG DRCREAsE-Earninss Of
decrease in gross OF s46S 45. as compared with tA'
same month last year.
PETITION FOR EXTRA HOLIDAY-A petition
was signed yesterday by the members Of the New
York Produce Exchange for an extra holiday ne1'
Saturday.
GENERAL CHEMICALS DIVIDEND.-Thsee n-
eraI Chemical Company's regular quarterly GNE
dend of II. per cent Will be paid July = 10 preIS'I
stockholders Of record at p. June 20 Preferfsa
stock transfer books will be closed from Juns
TO July >
DAVID c. GOODMAN MOVES.-David G Gooo-
man. banker. has removed from No. 50 Broad-sI
to No. 1lS Broadway.