New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-23

London again bought Norfolk. but found very lit
tie stock in the market. Rock Island was marked
up by the Chicago houses probably materially
helped by the extensive short interest In the COM
mon Mr.. Keene is reported bullish on Southern
Pacific Harris, Gates & Co. bought Rock Island.
and were said to represent one OF the leading in
terests in It. There Is some reason to think that
there is a interest Of about 5000 shares in
Rock Island common for the account Of one opera
tor identified with the HOFFMAN House crowd Ihe
bulls are going for this. Flower & Co.'S buying OF
copper was considered good. A A. Housman.
with purchases of 10000 Steel common and 1900
Steel preferred led the afternoons advance In
those stocks. seconded by j. J. Manning, who
bought 12.O00 shares of the common, and Ulman
Bros who took both issues in considerable guam
tity A good deal of this was reckoned as Morgan
buying.
STOCK LOAN QUOTATIONS-Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice, Atchison common Brooklyn Rapid Transit
Baltimore and Ohio common, Canadian Pacific Col
oradO Fuel and Iron. Delaware and Hudson, Erie
common and I'd preferred. Louisville and Nashville
Manhattan Missouri Pacific Norfolk and Western,
Metropolitan Street Railway, Peoples Gas. Read
ing LIST preferred. Rock Island. St. Paul. Southern
Railway preferred. Southern Pacific, Sugar. Ten
nessee Coal and Iron. Union Pacific common and
preferred. United States Steel common. United
States Leather preferred, Wabash preferred. Smelt
ers common and Republic Steel common. 2 per cent
New-York Central Pennsylvania and United States
Steel preferred. Ia per cent; Atchison preferred.
Erie 1st preferred and Western Union. per cent:
Shelters preferred. Republic Steel preferred and
American Locomotive preferred. fiat
CURRENCY MOvEMENT.-The principal
ments OF currency this week. compiled by The
Wall Street Journal" Indicate a gain of 13316.S00
in reserve held by the banks. They received from
the interior So 900 and sent to the interior 1929 200
The gain from the interior was IS. 500. Gold i'm
ports S1250c0, making 81 500 on this move
ment as reported at the custom house at this port
Other receipts of gold were 81 600. namely:
81 800 NewYork Assay Office checks. 654.1O0
San Francisco Mint checks and telegraphic
transfers. and $500 Seattle Assay Office checks
The Sub-Treasury paid $4,000 in redemption of
per cent bonds of 1904 Other disbursements by the
Sub-Treasury were So .s29. 100; payments by the
banks to the Sub-Treasury for customs, internal
revenue, per cent fund. retirement of circulation
etc. were s2Ss75.O0. The gain Sub-Treasury
operations proper 81. 100. The total gain
from the interior S. 469 800: gold 8. SO 6oo bond
redemptions. s70.3oO. and Sub-Treasury. 400
SIS 316 $40. The gain from the interior Is s,T79
900 more than for the corresponding week of 1903.
and 81 461. 500 than for the like period in 1901
Currency here from all parts OF the United
States Considerable amounts were received from
New-Orleans the first Of the return movement
from that city.
BALTIMORE AND OHIO.-Cable advices state
that the Berlin Bourse has definitely listed Balti-
moro and Ohio common stock. This was brought
about through the efforts OF Speyer & Co. and the
Deutsche Bank. The regulations with respect TO
listing stocks the eourse very strict and in
volve the compilation IN prospectus form OF large
amount OF information The prospectus has TO be
approved by official of the government, and
heavy penalties provided against those who
sign It for issatatements therein The prepara-
ton OF this prospectus involved great amount
OF work and 1t accepted with the result that
Baltimore and Ohio stock is now admitted TO deal
ngs in Berlin. The only other American stock
thus listed IS Canadian Pacific. number OF
American bonds are officially quoted Even in this
the list Is relatively small 1t IS understood
that Speyer & Co. have also arranged with the
Schweizerische Credit Anstalt one OF the largest
Swiss banks. TO have the Baltimore and Ohio stock
listed the exchanges in Zurich. Geneva and
Basel.
PIG IRON TRADE.-In their weekly review OF
iron trade conditions. Rogers. Brown Co. say:
Cost establishments have proceeded about as far
s they can go. except is labor. Labor in
tain lines-coal mining. for instances receiving
nearly double what It did In the lean years after
93. and more than double what is paid In any in
dustrtal country the world No one thing would
do much stimulate activity sane action
by the miners convention. now session In
dianapolis"
UNITED STATES REALTY.-The rise in the
United States Realty and Construction securities
is largely due it is said. the fact that the
OF the company are OF sufficient value to make the
preferred stock worth great deal more In case OF
liquidation than IL has been selling for in the
ket.
BIG EXPORTS OF COPPER FOR JANUARY
Official returns OF copper exports thus for jan
uary show that IT. 900 tons have been shipped 1t Is
estimated that the total shipments by the end OF
this week will aggregate 210o0 tons. and for the
entire month OF January 1900 tons. II this esti-
mate is correct. the month OF January will show
the largest export movements In copper that this
country has ever known
LAKE SHORE-The Lake Shore Railroad has
applied to the New-York Stock Exchange TO list
Sio."ooo" per cent twenty-five year bonds
LOSSES NOT ABOVE s2o.0o-Chairman Gary
OF the United States Steel Corporation said YES
terday; The publications concerning damage TO
goods belonging to the Shelby Steel Tube Company
located at Shelby. Ohio. are greatly exaggerated
The total loss does not exceed $4,000"
Dispatches from Shelby had estimated the loss M
5000 900.