New-York tribune., 1904-08-25
MINING STOCKS.
WALL, STREET AND EXCHANGES.

FOREIGN TRAp1NNI.-tOr OrelSn houses uceelN 40
inward of 25OOO shares in the local market seiihs
hao,uy an balance In the London market prices
moved within narrow limits quotations generaliy
being lower, declines being helped by the puonca-
tion of an aggressive editorial in proplinent Lon
don paper regarding the Far Eastern situation
There no material change IN brltsh anu Oo
tinentaI discounts.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amagamated Copper. Anaconda American
Ice Brooklyn Rapid Transit Erie common, MIS-
souri, Pacinc. Peoples Gas Reading FIRST preferred
Rock Island Southern Railway preferred, South
ern Pacific United States Steel common United
States Leather preferred Wabash preferred, SmeIt-
ers common. Republic Steel common. per cent;
Atchison common and preferred Baltimore ana
Ohio common Canadian Pacific. Consolidated Gas.
Delaware and Hudson Norfolk and Western. Union
Pacific common and preferred United States Steel
preferred a per cent Erie first and second pre-
forred Louisville and Nashville. Manhattan. Ten
nessee Coal and Iron. A8I per cent; New-York Cen
trail. Pennsylvania ST. Paul. Kan per cent; Met
ropolitan Street Railway. Sugar II cent; West
ern Union. Smelters preferred Republic Steel pre-
ferred. American Locomotive preferred Metropoli-
tan Securities Ontario and Western. hat.
MONEY LEAVES NEW -YORK--The local banks
shipped through the sub-Treasury yesterday 500
90 20 Chicago. They also sent 10 Canada 900
90 in gold. 1t Is estlmated that with gold exports
TO Cuba and shipments 10 the South. West and
Canada the local banks will lose upward OF s..
oOo.coo In cash holdings in the current week. This
factor, however. VIII cause satisfaction banking
circles. at tho moment the great plethora OF
funds at this centre is looked upon as an unfavor-
able fRctor.
ADVANCES IN EXPRESS COMPANY SHARES
The sharp advances that have been recorded in
the stocks OF the companies In the last few
days are not explained by news developments af-
fectng the properties These issues as a rule are
inactive and the floating supply is 90 small that
II IS an easy matter either To advance depress
tho prices on transactions in n few shares II IS
thought that the current advance Is the result OF
manipulation by certain SPECTATORS. and has no
bearing on the affairs OF the companies.
MONEY IN CtIICAGO-Au the Chicago banks
are now beginning 10 feel a stronger demand for
money and this condition Is especially true among
the commercial institutions which supply the bulk
CT currency for the crop movement. Tho move
that the monetary necessities of the West this wear
will in all probability be great formerly. The
demand from mercantile and manufacturing inter
ests also is increasing. Rates hold very firm at
fa and per cent.
THE GATES PARTY STILL BULLISH-John
w. Gates and Charles G.. Gates have returned from
Saratoga and were az the Waldorf and Wall Street
offices yesterday. They continue hold optimistic
opinions regarding tho general outlook and the
stock market situation.
CORN PRODUCTS COMPANY's BUSINESS IN
CREASING.-AccordIng 10 reports current the
Corn Products Company is feeling enough Increase
in business to warrant increasing working forces
in some OF the plants.