New-York tribune., 1904-09-24
$500 Total sales.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses were sell
lers in the local market, putting out more than
Is GOO shares In the London market British consols
and Japanese government bonds were weak. while
the general list presented considerable heavinesS
Discount rates In the foreign financial centres
showed a hardening tendency
PURCHASE OF PANHANDLE BONDS
speyer & Co. and Kuhn. Loeb & Co. have bought
from the Pittsburg. Cincinnati. Chicago ana 81
Louis Railway Company SsOOOOOO0 Of its $l5OOOVO
consolidated mortgage A per cent bonds Part Of
this issue Is for refunding maturing bonds ProVis-
ion is made in the mortgage for using sufficient
amount Of the consols 20 retire all sectional oonds
at maturity. The rest are issuaole for improve
ments. additions. etc
GRAIN EXPORTS Observation-Disclosures
reports the exports OF grain for the week. with
comparisons figures in bushels. as follows: Wheat.
flour included S6 3. against 1885, o2i last week $780,
40 in this week last year, 5070O in 1902 and 44IO-
$50 IN 1901: from July /, l626O.490 compared with
ss a4ssl last year. 9OlO1S5 in 1902 and 74l2O6 In
1901 Corn GS7ss9. contrasted with 42sl5s last week
T7s2as In this week year ago. 1852 in 1902 and
7Os in 1901 from July l. sS3s6ss. against IL eO52 go
In 1905 Ssl. III In 1902 and 1l22iss2 in 1901.
MOVEMENT OF MONEY.-The movement Of
money in the week. as reported By THE Wall
Street Journal" indicates loss OF SsT 100 In cash
held by the banks. The loss to the interior was
s. 400 The total loss to the interior and TO the
ub-Treasury amounted 90 IS 66S7.5O0 while there
was a gain OF 81 49010O in new gold. The net loss
to the interior was the largest for any week this
year since the crop movement began while II is
larger than the net loss in any corresponding period
in preceding years
BALTIMORE AND OHIO EARNINGS.-The Au-
gust gross earnings from traffic OF the Baltimore
and Ohio Railroad Company, including the Balti-
and Ohio. Baltimore and Ohio Southwestern.
Ohio River Railroad West Virginia Short Line Rip
ley and Mill Creek Valley Pittsburg and Western.
Pittsburg. Painesviile and FHirport. Pittsburg
Cleveland and Toledo and the Pittsburs Junction.
were S.s70.352 decrease of Sl19O96 when compared
with August 1908. The expenses were S,4s6.I12 a
decrease OF sO6lA and the net earnings from traffic
were $2sS4.24O a decrease OF S4s.5s2
LINSEED OIL LIOWER.-A new card has been
issued announcing decline OF cents in quotations
for iinseed OIL F1ve-barFel lots are now quoted at
ls cents for raw city OIL IS cents for boiled and Al
cents for State and Western. The price OF Calcutta
oil has been reduced 10 cents and is now IS cents
The decline is due to keen competition and to the
lower market for seed. prices OF the raw material
having declined 4q415 cents. according to position
AMERICAN ToBACCO-Americsn Tobacco new
o. When Issued, were the active features on the
curb. $4,000 changing hands from 1OzlL to 1os1l
The new As sold at eSh The preferred sold from
IS to SlA. while the common bid up to go with
sales.
NORTH AMTRICAN-The movement ir Mort,
american started with some buying by B. L
Smyth Co. who are sometimes credited vyf+N
Morgan orders. The story for popular eons,ynD
ton was that its all-embracing franchise had soma
connection with way out Of the Northern se-
curities difficulty
AMERICAN RAILWAYS COMPANY-The rrosu
earnings OF the American Railways Company FOR
the first two weeks of September showed an I'm
crease OF S2OOo over the same period last wear
NEW BALTIMORE AND OHIO HEADOUAR-
TERS AT BALTlMORE-The Baltimore and Ohio
is said to have secured enough property on which
TO construct new headquarters In Baltimore.