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

FOREIGN TRADINC.-London houses were heavy
buyers in the local market. purchases for foreign
account amounting TO upward OF 10000 shares. In
the London market the rise in American stock was
the only feature. home rails and government Sc
curities remaining Inactive throughout the day.
STOCK LOAN QUOTATIONS.-Loan quotations
We're: Amalgamated Copper Anaconda. American
Ice Brooklyn Rapid Transit. Erie common. Louis
Vile and Nashville Manhattan. Missouri Pacific.
Peoples Gas. Reading first preferred. Rock Island.
Southern Railway preferred. Southern Pacific.
Sugar Tennessee Coal and Iron. United States
Steel common. United States Leather preferred.
Wabash preferred and Republic Steels common, IA
ia per cent: Atchson common and preferred. Balt-
more and Ohio common. Canadian Pacific CONSOLE
dated Gas. Delaware and Hudson. Erie first and
second preferred. Norfolk and Western, Metropol-
tan Street Railway. Union Pacific common and
preferred and United States Steel preferred. per
cent Pennsylvania and st. Paul. 12q%i per cent:
New-York Central. II cent: Shelters common
IL per cent: Smelters preferred. Republic Steel
preferred and American Locomotive preferred fiat
and 1856 per cent. and Western Union fiat
ACTIVITY IN Observation-Disclosures n
Pennsylvania stock was one of the leading features
OF the day. and the character of buying In this
issue stimulated activity in other parts OF the list
on basis OF full shares total dealings amounted to
13l 600 PHILADELPHIA houses were active buyers.
while the demand from the shorts was an infu-
entail factor in advancing the price OF the stock
Jacob Field and g. H. De Witt & Co. were con-
sIicuous buyers.
Street for few hours yesterday. but he took no
active part in the days upward movement Union
Pacific helped by the belief among traders that
William Rockefeller and his following and Harri-
man interests working together for higher
prices. Standard oil brokers bought Amalgamated
Copper London active buyer OF Atchison
preferred and foreign houses also were heavy buy
ers of United States Steel. Pennsylvania and On
tario and Western. Houses with St Louis cOnnec-
ton were large buyers OF stock. and there was
good demand from Chicago. The bulls in Pennsyl
vania aggressive than they have been
in a long time. while there was also a revival OF
bull activity in tho Gould group. notably in Texas
and Pacific. Wabash preferred and st. Louis South
western.
LAKE SHORE APPOINTMENTS
nouncement has been made of the following APP
pointments by the board of directors OF the Lake
Shore and Michigan Southern Railway Company:
+. " W. Rossiter vce-president in charge OF mat
tiers relating to the finances of the company; John
Christensen. vice-president in charge of accounts;
Dwight w. Pardee. secretary. and Charles +. Cox.
treasurer.
WHITE KNOB COPPER 100000 LOAN.-Ths
White Knob Copper Company has recently nego-
tiated loan of $4,000 at per cent for year
on 10000 treasury bonds as collateral The money
was advanced by syndicate. and is TO be used for
construction and improvement purposes.
MISSOURI JULY CROP REPORT.-The July
State crop report makes the average Yield of winter
wheat thirteen bushels acre. 1t says that IL per
cent Of the crop has been harvested The condition
of is given per cent against IA per cent at
this time last year.
STRICKEN FROM THE STOCK EXCHANGE
IlIST.-The first mortgage per cent bonds OF 1903
OF the Albemarle and Chesapeake Canal Company
have been stricken from the Stock Exchange list
KANSAS CROPS PROMISING.-President Rim
ley, OF the Atchison, says the Kansas wheat crop
is saved despite the heavy rain and the State will
realize 100000 bushels. Corn doing we'll but #
is weeks late and the critical point comes I'm
July and August
STEEL BILLET POOL MEETING.-A meeting
OF the Steel Billet Pool will be held to-day but the
chances do not favor any change in the present
prica