New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-09-09
WALL STREET AND ExcHANeEs

FOREIGN TRADING.-Foreign houses dealt in
Upward Of $1,000 shares selling 5000 shares on
balance. In the London market prices showed
unimportant changes. while discount rates were
practically unchanged. The Bank of Englands
weekly statement made strong showing
STOCK LOAN QUOTATIONS.-Loan quotations
were; Amalgamated Copper, Anaconda, American
Ice, Brooklyn Rapid Transit Erie common Mis-
souri, Pacific. Peoples Gas Reading first preferred
Rock Island. Southern Pacific, United States Steel
common and preferred. United States Leather pre-
ferred. Wabash preferred. Shelters common. Re
public Steel common and Tennessee Coal and Iron
! per cent; AtchisoR common and preferred. Bal
timore and Ohio common. Canadian Pacific, Con-
solidated Gas, Delaware and Hudson, Erie first
and second preferred. Louisville and Nashville
Manhattan Sugar and Union Pacific common and
preferred, MOI per cent; Norfolk and Western
Metropolitan Street Railway and st. Paul q per
cent: New-York Central and Pennsylvania 1s8s
per cent Ontario and Western. 4 per cent; South
ern Railway preferred Western Union. Shelters
preferred, Republic Steel preferred. American Lo-
connective preferred and Metropolitan Securities
fat.
TOBACCO FINANCING PRoPosED.-It IS un-
derstood that plan is being formulated for a re-
adjustment or the securities OF the Consolidated
Tobacco Company which will he advantageous 20
the holders OF the 4 per cent bonds The heavy
buying Of these issues IN the last week apparently
has been due to information regarding the inten-
tons or the company concerning the Tearrange-
ment Of It's securities. 1t is understood that the
the plan in the present case as they did
when the common stocks of the American and
Continental Tobacco companies were practically
retired. These securities were bought I'D by rep
resentatives of the two companies and deposited
security for the per cent bonds Of the Con-
solidated company. There is good evidence that
tho bonds being bought up In the market in
the same way. Prominent tobacco interests hold
practically all OF the stock of the Consolidated
company. and If they are able buy in the
fbev will - hpir MIA
without difficulty.
BROOKLYN RAPID TRANSIT REFUNDING
MORTGAGE.-In the application to the Stock Ex-
change 10 list 100000 additional Brooklyn Rapid
Transit Company first refunding per cent bonds.
it is stated that the trustees have delivered $5sO4
600 OF which $5,SoiOoo In the treasury OF the
company. The property acquired by the sale of
the 100000 bonds consists OF per cent certih-
Gates of debt of the Transit Development Com
pany amounting TO S520Sl0 and of other subsidiary
companies bringing the total to sS44454s; also GER
tificates of Indebtedness of the Brooklyn Heights
and Brooklyn Union Elevated Railroad. Nassau
Electric and Prospect Park and Coney Island roads
amounting to $3074162 representing actual cost OF
improvements and additions; also stock OF the
Brooklyn Union Elevated Nassau. South Brooklyn
Railway and the Transit Development Company
costing 1882 $50. The entire capital stock OF the
Transit Development Company is $50 shares. The
certificates OF Indebtedness provide that no mort
gage or membranes shall be placed above them
CHRONICLES" YEARLY COTTON REPORT
THE Financial Chronicle" has issued its final re-
port of the cotton for the season year ending
September l. 1904. The Is given as 1913 6S6
bales. averaging 5o7oSs pounds per bale. compared
with 1075s32s, averaging 50SO5S In 1sO2-'OS and To-
7Ol 45S. averaging $4,000 in 1sOl-O2 The exports
61S4 1872 against 67s9512 last year and ISL $50
the previous year. For domestic consunlption
Northern mills took 21ST.5ss and Southern mills
2.OO7509. leaving surplus OF 1117s9. Last years
surplus 162.0O. and the year before 1888
Sn In aftn0V 20
p 49, 5S the year before The worlds consumption
is given as 13s5s53s, against 143s3sSl. The worlds
production was 1S,s5467i. against 146266S7. The
worlds spindles numbered 1883 sos, against H.
1858. The exports Of cotton manufactures as
reported by the Bureau of Statistics were valued
at S224O8,1S a decrease of ss.Sl259l
MONEY FOR SAN NEUTRALITY-SUSPICIOUS.
have been made to transfer for local banking in
tsrests Ar50o,0oo to San Francisco. This Is the
largest transaction OF the kind since last Decem
ber when in week s., 10000 was transferred to
the Pacific Coast. The money covering the present
transfer was deposited at the Sub-Treasury yester
day. Not including this amount the banks have
lost on their operations with the Sub-Treasury
over 100000 since last Friday
SECURITIES LISTED-The following securities,
have been added 10 the Stock Exchange list:
Brooklyn Rapid Transit first refunding mortgage
per cent bonds TO the amount of S5O0O00 SI2s2S-
500 Consolidated Gas Company convertible debent.
bonds, A,l4i,oOo ST. Louis and San Francisco
refunding per cent bonds and S775.OO Atlantic
and DanVlle second mortgage per cent bonds
BANK CLEARINGs EXPAND-Bank cIearings
In this city yesterday showed increase Of SIS 2ss
&4 over the same day year ago At Philadelphia
the increase was g. 0S3.1Ss at Boston the increase
was a.47s2SS and at Baltimore ssT7 $50
APPLICATION TO Discrimination has been
made to the Stock Exchange TO list SIS $4,000 first
mortgage per cent bonds of 1853 OF the Western
Maryland Railroad Company and 81 $50 West
Electric and Manufacturing Company addi-
tional asserting stock
PRODUCTION OF ANTHRACITE.-Th produc-
ton OF entharcite Tor August amounted to 4SSl.s
tons, compared with $50 100 TONS in August