New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-01-05
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt III
Is 900 shares in the local market buying on bal
ance In London cousols- were l per cent higher
and Jaoanese bonds strong. and, although the news
from the Far East no more definite. there
was q disposition 10 take more optim!suc view.
The COOPER stocks were firm The foreign cables
Indicated that money might be expected To rule
easy abroad although there sufficient new cap
ital issues impending in London 10 keep time money
firm in that market for some time to come. Lon
don IS probably Il little oyersold in the American
department
NOT TO ISSUE OKLAHOMA DIVISION
BONDS-It Is stated that the Atchison directors
do not contemplate making any Issue Of Eastern
Oklahoma division bonds In the near future Ten
million dollars OF these bonds have been author
tied Of which S.G45,cO were issued last year on
about 80 miles OF the new line. which was COM
peted some months ago. The proceeds OF the issue
cover the cost OF this construction. and. f. IS
not proposed to the line further at this time
there is no occasion issue any part OF the ball
au-e Of the 100000 authorized.
PENNSYLVANIA IMPROVEMENTS N 1856
The improvements made by the Pennsylvania Rail-
road Company In 1853 were the largest in the his
tory OF the company The expenditures by the
maintenance OF way department alone amounted 70
nearly 100000 and FULLY much spent by
the chief engineers department In all about So
10000 has been spent to improve the physical con-
duon.
ROCK ISLAND BOND ISSUE.-It Is reported
that at = special meeting Of the stockholders Of the
Chicago Rock Island and Pacific Railway Com
uany TO be held I'm tie latter part OF March, the
proposition under consideration to authorize COM
preheusive bond issue viii be presented
MOVEMENT OF MONET.-The debit OF the local
Sub-Treasury Mt the Clearing House yesterday
morning. amounting to &2l5.7D reflects chiefly
payments for government bond interest Pension
payments Will be light until the beginning Of next
week The banks gained Saturday $4,000
which compares with gain in the previous week
OF $4,000
THE LAKE SHORE BONDS.-It Is understood
that almost one-half OF the Lake shore per cent
debenture bondhodeTs have exercised agreed to
exercise the privilege given them TO exchange their
debontures for the per cent bonds under re-
bate. The rebate OF u per cent ceased after J
p III January 4.
MEMBERS OF THE NFW-ORLEANS COTTON
EXCHANGE.-It Is announced from New Orleans
that Daniel J. Sully and W. r. Pagan have been
elected members OF the New-Orleans Cotton Ex-
change.
BOSTON'S FINANCIAL NEWS SERVICE M
PROVED.-The beginning Of the year wit
nesses important step OF progress in tho matter
Of financial and commercial news service in Boston
The Commercial Financial Press Association has
acquired The Boston Financial News" and the
New-England Stock Quotation service and has be-
come associated with The New-York News Blu
reau' the New-England correspondent OF that
organization. Charles r, Strecker is the president
and general manager In consequence of the close
relations between The Boston Financial News
and the NewYork News Bureau. the former
will be able furnish simultaneously to its Gus
toners in Boston. by means of direct wire be-
tween the two Offices the news service OF the New
York News Bureau. That concern possesses u
news organization that has. IN addition to special
correspondents in all Of the important cities IN
this country and IN Europe. u number OF news con-
tracts that give II the daily commercial and fnan-
cal history OF the world
OFFER TO INVESTORS.-Joseph Walker &
Sons offer to investors list Of high grade guarar-
teed stocks netting from Oh TO per cent.
OFFER orr BONDS.-Cornelius F. Rosemon Of
fers 10 investors choice selection Of high grade
bonds averaging the investor from TO 9Ia per
cent interest