OCR Interpretation


New-York tribune. [volume] (New York [N.Y.]) 1866-1924, June 10, 1903, Image 14

Image and text provided by Library of Congress, Washington, DC

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030214/1903-06-10/ed-1/seq-14/

What is OCR?


Thumbnail for 14

v
BREAK FOLLOWS ADVANCE.
STOCK VALVES SHOW LOSSES AFTER EARLY
STREXGTH.
Heavy Foreign and Western Selling— Good Buying in the Forenoon
Dealings — Money and Exchange.
Closing prices yesterday of the principal active
securities and net changes from Monday's quo
tations were
STOCKS
. ■
iiu! Ooprwr. S2V — Il*!NatI I *! Nat of Mexico... 21 — *«
Am C* F 35 — SI. do pr»f 40 1 * —IS
Am l^oon . 20>» — *i S T Ont * W... 23\ — 1
Am fuirsx R*f. .m*» — SIN T Ontrsl 125 — J»
Am EmelliG*.-. 4 f -'a 4- 1 INorf & West . 60 1 — 3\»
At T^r * S F-- <5?>S — 1% National Lead... 15%» — >
do pi«f. - W* (Nor Amer C 0.... Bb\ — 2S
B«lt * Ohio ... SIS — SHjPeo G4 C £6 —1*
Brooklyn X T-. »«V — Perm R R 123\ — S
Omadlan Pac..ll9H — 1 [Reading 43H —IS
Cbef * 0fc10.... 37H — 1 Rock Island 32 — S
•"tile A Alton... 35V — "• do pref 70 — H
Chic Gt Wert... ISS — R-r, Steel 13V— 4
<- X* St F....148V -- *• do pref 75H-e *»
< •»>: f& I . . . «fi -1-1 IS l* S F2dpf. 62 — V
O>l & Kooth .17 + <h Ft LS -W pr 36V — H
«c 2d pr*f . . 2?S — 1 ! Southern Rv 22«» — ■
Orn Products.. 26 » — SI Southern Pac... M%| — '♦
Ce=«ol Gas l»n — ISiSI shef St BJ>Hi — '•«
r>«l * Hudson 4- SI Terra C * I 60S +; %
Erie SOS — Texas & Paclflc. 2« —IS
do It* p-ef 65 * — V Twin CX T SI 1 * —IV
«o 24 pref 54 V - 1 ITSLt^pf.. 40W - h
O«i Electric 175 - %U S leather £V 4- '♦
Ilitsjuss O-ntraJ.lß2S — 1 rn!r»r Pacl3c ... 7SH —-IS
toulr 4: Nash . s» — IHI dr. pr»f. .. 67
Manhattan 135 V — V T" S Realty *■- 171, — >,
Met Street RJ-..124 — l"i !' S Steel . . . 29V — V
M«x Ootral... 2:V — 1 ! do pref .... 7P T « - S
Missouri P««...100S — 1 IWabafh 22* —IS
MPP&SSM.M — J »i Qo pref 42 —1
iff X *• T . . 20U — 1 * \\-1». Central 1»V — V
do pref 4P — 1 1 do pref 40V— H
BONDS
AT*F Fg 4* *>P'» — -* M«x Qaa Ist Inc. .. 23-j — S
co staler*^ • W*» —1 !Or-Fon Sl. 45 . . un\ —\i
B* O foil! 4*.. .102 - "-* r«-!ri cony 3"'i=. TO — >
<3icm * O 4Mb.. .lO'.\ —** ; Readies sen 45.-. Q~ + l «
Chic B&O 4« .03 — 1 »!l_'n Pac cony 4s. .Km— '1
<-~mw! Tob *•... «** — uitre mcd is. ... M — '■*
■Ma toe *« 8* — '•>» | Wab«*ri DB« 7.1 m i —*♦
THE DAY'S OPERATIONS IN STOCKS.
Stock mark** values opened weak, subsp
<ruet!tJy «njoyed a rally of [email protected] per cent, and
then declined under the influence of selling that
]«ft finaj prices at net losses in the preater num
ber of Issue*. The forenoon advance was ac
companied by unmistakable signs of buying:
for the account of substantial market interests.
This buying, however, was not heavy- It
rirmjpht no response from the reneral public.
«nd traders, after following the upward move
ment for a time, resumed operations on the
short side with renewed -vigor, succeeding in
breaking: prices throughout the list. Especial
efforts appeared to be directed against Erie and
Baltimore and Ohio, both of which suffered se
vere net losses. The weakness Irs Erie was par
ticularly noteworthy, as in the current decline
th« Erie shares have shown a conspicuous re
sistance to the downward trend. Heavy liquida
tion by foreign and Western houses was a feat
ure of the day. sales for European account
amounting to upward of oO,0(M> shares, while one
■Western house put out more than 50.000 shares
of stocks supposed to have been bought last
January. An excited rise In cotton increased
bear sentiment on the Stock Exchange, on th*»
theory that conditions in cotton speculation
might lead to serious financial difficulties. For i
a . time th<s Street was inclined to look on the
bright side, of the general situation, and to
believe that the turn toward a better stock mar
ket had come, but the outbreak of selling in the
last hour again upset speculative . opinion.
Pennsylvania, New-York Central. Colorado Fuel
and St. Paul were fairly well supported, but
elsewhere stocks generally exhibited a most re
sponsive attitude to bear pressure. Call money
was relatively easy, while sterling was un
changed- In the day's foreign dealings heavy
fairs were reported for Germany and Holland.
In conservative banking circles efforts are
now being made to discourage further liquida
tion in stocks, but no encouragement is giver.
to the Idea of a bull boom at present. Higher
prices will, of course, develop some day as :h<*
result of the present oversold condition of the
market. It is not believed, however, that money
conditions warrant sustained speculative activ
ity on the long side, and it is quite certain that
unless the public and the larger investment
Interests work for a bull campaign the trading
element ■will not operate for any length of time
Tor the long account. As long as there is no
jmbllo speculative demand for securities pro
fessional traders may be counted on to favor the
short side of speculation. Actual investors and
Interests who buy securities to hold for long
periods have been the buyers in the current de
cline, and eventually their holdings will supply
the backbone for an important upward move
In values. At the moment, however, specula
tive rallies are all that are looked for, although
It Is thought that these rallies may be in th.
nature of brief bear panics.
If to-day's government crop report should
show better conditions than those suggested by
recent pessimistic forecasts, stocks would
doubtless enjoy a good sized rally. Crop con
ditions from now on will be a most important
market factor, and should the growth of grain
by the first of August indicate normal harvests
a strong stock market would probably develop
In that month. "Western rains have done dam
age In the bottom lands, but they have helped
conditions in the greater pan of the crop terri
tory, except In respect to the planting of corn,
which has b»*n delayed. The latter, however.
■•rill not bother i he farmers if the country should
be blessed with seasonable weather in the r«;st
of the year
THE DAY'S OPERATIONS IN BONDS.
GOVERNMENT BON*l>S.— Market firm. FlnaJ
«_otatlona follow:
Bid. Asked ; Bid Asked.
T.S. 25,1£*0.re|:.105% I"6* L-.S 4*. liVTC.OMi 111 112
V.R. 2-.1880.c0u. 106% 1"7 UP 4«. UOS.res .l35 1 * 13.5
rs 8».19"-.r#g 107% 10S%;U.S. 4- 1f25.c0u 135% 136%
DA 8».1806.oou 10*H,U.S. 6s. |»M.t— ■ kc* 103%
C.E. 86.1605-.essl.lo6H — US. ss. li*)4.cou 10_* 103-,
tT.S. 45.1»>»7.rer.110 111 ,Di»t. of '" 3-«5*.121 ',— ■
RAILROAD BfiN'PP -Mark»t generally lower
Total sal*? amounted In par value to $2,140.00.
against 52,432.000 on Monday. The heaviest t3»alingo
vi-rt- in th* AtchiKon general 4s Atlantic Coast Un«
4f. Chicago. Burlington and Qulncy 4s. Chicago.
Rock Islajjd and Pacific 4s. Mexican Central first
income. Oregon Short Line 4*. Pennsylvania con
**rtible St**. Reading gen^raJ 4_. Union Pacific con
v»rtibl» 4s and Wabaßii debenture Bs. Consolidated
Tobacco 4* and United States Ste»>l I* -were also
.•^! v *: m
AMERICAN SECURITIES ABROAD.
London. June ». 4 p. ■ — The market for American
securities »-a» «-»ak and dull. Final prices follow:
London Nem- Trrk New-York
e\o*t. «^ulval^7)». rlii*» CrTps.
Anaconda ..... ... ♦% ■ R — «
Atcfateon . »•»« *'. «74 — S
tt> pref. ....... m K*n 82% + r V
Canadian P»"tv IH'i 120% 120'j .
6t Paul.. lf.-j •4.< 1 ! 14S'» M 3^:
Erie :. .".-% 31% 22% —I
do Ist pref 87% •»*» «6 ; « — V
Co 'JA rr»f M IV«« 55% — *.
Illlaol* Central 137 133% 133%
reniarlll* * Naahvllle . .113* 110* 110', •+- %
Ke»-rerlt Central 128* 125% 125U '+" >, '
JVr.r-p- ■:•.•»_■.•- 63* 123% 124'» — %
n**Aizt 2*5 44*. 45% —-\t\
<lo let pref M* M «m - — %
«• 2(3 pref 22 *2'i 62',
Bowtherr rVlfl' _•% «{.'. 4»% - »,
Union Pedfie ._,. tt% 7--% M — %
flo pr»f Bf> 1-7% 81 +',<
•C. B. Steel ... 31% 31 »1% — *
4* pr*f . 81% •"% KO% - *
-
London Nem- York New-York
close equivalent. closa. Ch gs.
Baltimore * Ohio M hZK f4% — 11,1 1 ,
Chesapeake &- Ohio f»\ 37 a * 38% — %
Chicngo Great We«t 16 , 19 If** —J*
Penver * Rio Grande 2S 141 4 27% *» — - %
do pref fc6', *4% »4 + H
Kansas * Texas 21% 21 1 * 22 — %
do pref 61'« .V> W., — T"
Norfolk * West.. 66'« «4% ' *63%* — *
do pref til 88 V — - — —
Ontario A Western 24*. 24 24* — *
Southern Railway 24 23 1 * 24%, —IS
co rref »0 S7»* SS% — V
Wabash . ?3 24S 24 + %
do pref 44 42". 43 — %
•Et dividend.
SALES AT THE STOCK EXCHANGE.
BONDS.
10000 U S Cera 2s Con.lo6Vi 2000 M X A T Ist 45. . fiS%
ItMt do 106 5000 do 2d 88 1 *
«000 Adams Ex 4« 104 1000 do 7»%
2C«oti do 103* Mo Pac Trust .104%
30fO Ann Arh Ist 45.. Mis 6000 do Ist Col 55... 104
3000 A T& .« X A 4s. &S% 1000 Mor AEs Ist 75..12& *
_my do .SP i -<•<*> N T Cent L. S Col
1000 do Stpd 87% 3%s «0
10000 do n 87 10000 N V Dock 4s 91 \
100 i» do 66% 11000 Norf _- W Con 4s. 98
5> XK> do Gen 4* 100 I 1*O«' Nor Pac Ge-n 3a. . 71 %
5000 do P»**I10000 do 71H
2«non do . S» T * •"> (VV > do 71 7 »
4<KiO All Coast 4* . ... t»2* I &*** do Prior 4s 102
10000 do M *! 200" do 101%
1000 do »2'«! 100") do Reg 101 T *
17iiO0 B ft O Gold 4S..1O1 »I 10000 S L Ist «s . . 125%
39000 do .» 101%|50OX» <Jo 4s 90 .
I<!fW\ do PLE A W |4000 do 9014
V 45 W>S ; 1"OO Pac Coast Ist 55.. 102
2COO do Wil 60<"t0Penn Convt 3%e.. 94 7 4
3000 do Sire 3%5. .. BM- 500. do 95%
4<iOo B C 15t..,.520F.1f'5%j1250(> do fi5U
SfOOC of Ga Con sf -104 132000 do 94 -it.
3ft'<lCen Far Gtd 46.. 95% l«50<"» do 65
WOO C & O Con 65... 115 ' 5000 Peo & E Ist 45... 94
1000 do Gen 4%5...103* ! 2000 do Inc 68
20000 chic & Alt 35... »1 1000 Reading Gen 45... 96*
2O<»> r& W I Gen 65.114 23000 do 97
8000 CB_- QJt 4»... 93 K ! 9000 do J C Col 4s. 90*
1000 do MS 1000 RG & W Ist 45... 98
ROOO do «3 20000 SL.& I M Gen 55.111%
40000 do »3 • 20000 SLA S F Ref 4s. 85
10000 do Neb Ext 105 hi i 10000 SL. Swn Ist 4e... 93%
10000 CGL ft C Ist 65.108 I 1000 do Con 4s 79
30UO CRI&PRR4s 7& v» I 9>XK) do 79%
»OrtO dA 80 2000 SV * N 4s. . .99
2000 do 79* 300f'Seab AL. Ref 45..101
2TVKM dr. 5s t> i K7 ' 1000 SPCITr 4s «5
6OHO do 8« ! 7000 do $6V
6000 Col &P" Ist 4s. 88 I 5000 do 87
3(O0 do f'S'i! .'.OOO Stand RAT Inc. 7
2000 do 88 I 5000 dr. «*
43000 CF A I Cony 5«. 84 I 6000 do 6T»
43000 Cons Tob 4s «M_j 10"0 T A S L. Ist 4%5-.111%
27000 do 60% 8000 Tex & Par Ist 55. 114
2000 <5o _. 60** 9000 Third Aye Con 4s. 96
floor, dr. 60H Union Pac Ist 45.102%
1000 do 60S j 4000 do 3.102%
23f«K> do 60% 1 265000 do Convt 45... 04
101 VI D & J= W Gen ss. 62 1 71000 do 93"4
..'too Dis Sec Cor 55... 64% 30000 do M'»
lO<v«-» do 63 173000 do 94%
5i«X» do «4 i 110000 do 9«'*
So«y>Erif Gen 45... . S3* 50000 do w r»
1000 do M I 1000 do »4S
JtfiOOGr Bay Deb B. . . 14 42000 do »■' '
Hock V Ist 4%5.107%140000U R R of S F 4s. 7|S
14000 lowa Cen Ref 45.. 92 I 0000 do ''•'
>.¥. Kar. City So 35.. 68 3000 U S Leather r, ...110%
lf«sOK«it Cent 45.... »7% 9000 VSSt S F 8_. .. 86%
2>iOo Keck ADM Ist.l0>>»il51000 do BBJk
1001 Lac Gas Ist ss< ..105% I soon do 80S
10000 LSAM SM is I6oof> dr. *»'»
Reg 101 151000 do *m
10000 1, &W B G 4%5.101 i 12000 Wahash 2d Cs I<»4
lOOOL A N Unif 4_..1«0H 1 TOOOO do I>b R 74
aan do SR Jt 45... 1 * i:<««i <in i:^
20O0Manhat Con 4«. .101 .f._f««^ do 79 m
S.V<x>Mex On Ist Inc. 23%|11fv» <"." J«
BTHIO do ;■ 235! «orf. d" •* +
lOf«1O do 23^ IOOTiO dr. -•-•• '3*
18000 do •- 23 1 I.ViO do Omaha 3' 3 s. 84
5000 M of N J Ist 65.110%! lOOOWts C*n C.en 45.. »1 •
MM M X A T Ist 4s. 9S I
Total .ale« of bonds. $2.14C.(i0a
MONEY AND EXCHANGE.
MONEY MARKET.— Money on call opened at n,
per cent: highest. 3^ per cent: lowest, 2 per cent:
last loan. 2 per cent; closed at 2 per cent: ruling
rate. 2*4 per cent. Time money was quoted at 4
per cent for sixty to ninety days. 41-;4 1 -; per cent for
four months ttnd ! [email protected] per cent for five and six
months. Commercial paper was quoted at 4»[email protected]
per cent for sixty to ninety days' indorsed bills. 5
per cent for choice four to -six months' bills and V 2V 2
per cent for others.
FOREIGN EXCHANGE.— Market closed steady.
Actual olosing rates follow:
(•« >= . S'.Eht Slutv ■;v«
Et»rlin* 4.6*** 4.%7»4®4.S7 T i [email protected]
Francs •■ '.VK. »R.15%«8.15% r..l*>.r&r>.l7>«.
ReiohsmarV*.. WPlfi fin 7-l«^J>s i 94vi*534 15-lfi
Guilders 40^040 5-l« 40 1-16940 3-16
•I-*-«« 1-16.
Bankers' posted rates were:
Plxty rlays. Demand.
Sterling - 4.«5>4 4.<BH
Paris francs 6.17H 5.15
l>lrium france '"' 1«', ;'':".*
Switzerland franc?.. s.lS»< ...1..
Germany refehsmarka S".U 9«H
Holland frutld»rs 4" ■. 40*»
DOMESTIC EXCHANGE. — New-Orleans — Com
mercial. 50c discount: bank. $1 premium. San Fran
cisco—Sight, par: telegraph, 2V- Boston— loc dis
count and par. Charleston— Buying, par: selling.
I-Mc premium. Chicago— 2oc premium. Cincinnati—
Between banks. 30c premium: over the counter. sf>c
premium. Savannah— Buying. 60c discount: selling.
75c premium. St. Louis— premium. Minneapolis
! — COc premium.
BANK CLEARINGS. — New-Tork — Exchanges.
J259.524.79": balances. PC. 305.032. Boston— Exchanges.
524.319.510; balances. $1,834,124. Philadelphia—Ex
changes. J20.237.451: balances. J2.543.452. Chicago—
Exchanges. J25.900.135: balances. 12.?30
FOREIGN' MONET MARKET.— CaII money in
London. 252%3 per cent. Open market discount rate
for short bills.' 3 per cent; for long bills. 3 per cent.
Berlin discount rate. 3^4 per cent. Berlin exchange
on London, 20 marks 44 pfennigs. Paris discount
rate, 2% per cent. Paris exchange on London, 25
francs. ITVr centimes.
FOREIGN SECURITIES.— British consols for
money. 91 1-16; for the account, 9Hi. French rent**,
9S francs 45 centimes.
THE SILVER MARKET. -Bar silver. 34c.;3 4 c. ; Mexi
can silver dollars, 42c. Bar fllv«t in London closed
at 24t;d.
GOLD PREMIUM.— In Madrid, 36.15: Lisbon. 23;
Buenos Ayres. 127.27%.
GOVERNMENT RECEIPTS.— Customs receipts
reported from Washington. J326.7G5; internal rev
enue receipts. J176.535; miscellaneous receipts, $300.-
S»?9 Receipts for the day. J1.404.652: expenditures.
JI.CBO.fiOO. Receipts for the month to date. $16,416,467;
expenditures. •±2.B'V>.onO; excess of receipts. $3.*16.4<>7.
Receipts for the year to date, $526,&43.939 ; expendi
tures. J454.356.K52; excess of receipts. J42.563.057.
BOSTON STOCKS.
«r"urntsh»<l by R. L. Day A Co.. No. a Na.*!ta;j-«t.)
June 8. June 9. 1 June 8 June 9.
Boet & Albany.. 252 Un Shoe Mpf.. 2» 29*
Bob' & Maine .161 — Atlantic Mining-- » 9s»
Bost Elevated '145 *145 Aicadlan Mining-. 2* 2*4
CJR &US T. 145 144%Blns:hain Mining 28* 25%
Pltcbburv pf 136 135 Cal & H Mm....455 4*o
NYN H* H. 194 194% Centennial Mm.. 18% 18
Old Colony 202 201 4 Cop Range Jlin.. 62% 61%
West End BBy 87% *90 Franklin Mining. 8 h -m
ie pref 112% *112 j Macs Con Mln . . . 6 6
Mi« Elee Co*. 25% 25 Mchawk Mining. 42% 43
do pref 81* 61% Osceola Mining.. 63 63
Am T& T Co. .147 145 i Old Dam Mm. .14 14
N England T *186 — I Parrot Mining.-. 21% 22
■WVmT&TCo. 13 13 iQulncy Mining... 85 85
do pref .90 »1 I Tamarack Mm.. .115 110
- e_tingh Elec.. KS 89 ; Wolverine Mm.. 66 65*
do pref SS 89 U B Mining 1»% l&S
Dorr. Ir ft Stl. 13 11% U 6 0i1... 11% 11
Dominion Coal. 76* 77%: Mass Gib com .40 40
Un Shoe Mach. . 44 44*: do prof 81* 81%
•Aake..
• PHILADELPHIA STOCKS.
Bid. Asked. I Bid. Asked.
Alkali . — * North Perm 107% 108
Amer Ry Co . 44* 45% Phlia C 0... 40% 40%
Con L Sup com. 6* 5% ! Perm RR Co . «2% 02*
<5o rref 25 25* I Perm Steel com . «•■ 61
Cambria Steel.. 22 22-», do pref fat s>o
Con Tr of NJ. 6.5% ♦« | Perm Xl Veh Co.. — 1
Diamond Steel. * lido pref.. ... — 2
Elor St Bat Co. 63 «i Phila Elec C 0... « »SH
do pref &i «5 PhUa Rap Tr. . . . 12 13
ElecOicfAm. %* ?%! Phil* & Erie....- «3
Fair Tr Co. 26 27 I6u»q Ir 4; E11...- IV 2
In* Co of N A.. 24% as ! Tidewater Steel. 2 2*
I^hl«rh Nay 67 81 Unit Cos of N 276* 277
l_#* Vul P R ... 40% 40% Union Traction.. 45 •45%
ttmn*rr. 2'» a lUn Gaa Imp Co.. _* ; -
Nnt ArphJdt '» l i|W^]*barh <■'. IS 2.«
•In •-' •-..,* • '-,
BONDS.
A Co cf Am 6». IP 19*, Newark Pas* 6s. 116* 11*
Ind PRy Co 5». 105% 10«% j People,'. Trac 4s 103 103%
N .! Con ■>.... HiS'i lOG'JslUnion Trac 4»... 93 (i!< ! »
Nut ARphalt It 3 t%
EXPORTS OF MERCHANDISE.
19-J3. IM2. 1901.
■Week ended June 8 ... $9,207,667 $10.732.fi65 til. 103 761
Fine*. January 1 22«,778,&72 217.843.661 23.\,M5,A66
NEW-YORK DAILY TRIBUNE. WEDNESDAY-. TUNE 10. 1903.
[ RAILROAD AND OT?ER STOCKS.
; "™ ActuaJ sale* Closing—
S SSJ" j lOpeßlHtghiLow.l Fln.l Bid. | Ask.
— - ■ _ __ si 225"
— — . Adams Express. I— I — — _ 035 { —
Albany & Sub... — — ~ _ IZH 14
Alll« Chalmers.. —I — _ _ __" M
O^.J&JFowjrd 5 63% 63 62* 62* 62*
Amer Agr Chem — — g0
j do pref — — — 25 83
-Am Beet Sugar — — — — j" to,.
1 Mo pref — — — _ IT
,Am Bicycle — — — Hi
400 do pref 87 87 _84 664
JOO ISe? CottoroVl Ml 34* 34* 84* 34 g
WO -do pref 31V 81* 31* 31*, 31* 31V
'Atn-r Linked.. — — — — if-, ii n
1.680 «A« Locomotive 20* 20* 20* 20* 20*, 20%
700 'do prof 90 80 89 90 |£9 »O
•Amer Malting.. — I — — — *» **
, 200 .&,*&*&. 17* 174 jgg Sh 1< . 8*
1.250 -Amer Smelting. 454 46H 454 40% 46 464
400 -do pref fi3V »4 534 »4 »3* 94
1 "American Snuff — — — — igO lg"
£740 ! •A'mer^SugarV.:: llfH 116% U« Ugli £«_
1001 'do pref !HB*:ilS* 118* 118* 118 1120
Am Tel &- Cable I — — — — ,'X
lAm Tel & Tel.. — — — — "0 —
Amer Tob pref.. — -.— 140 145
*Amer Woollen.. — — — — igH 1*
"1^ -Anaconda •;:.:: » 8! » « Sfi f6«
—Z Ann Arbor — — — — SO •{
; do pref — — — — 00 100
88^00 Atehi«n r .^.?: 66* | 68% <** «W 66% 66*
2.170 ! do pref 92* 93% 62* 624 -? —
Am Stl Foundry — — — = « | ■
84^Blli : & S Ohlo ne :: 84 M* |j* MH 1 ! "fl*
23£3r£*£r. -I- -I- 89 -
Boston ALpf.. - — — — 100 —
7.625 Bklyn Rap Tr.| 56% t7% 66% 60* j 56* | 56%
B'klyn Un Gas.. — — — — 201 209
Brunswick - — — — ,_Z* **
Buff R & Pitts.. — — — — 13. 1 * 148
100 da pref 149 149 14» 149 149 166
"Butterick Co • — — — — * * I*?
100 Canada South... 68 68 ■68 68 65% *?,.
17.950 Canadian Pacific 12OH 121% 116% 118% nB%;n»H
j Central of X J.. — — — — 163 168
2,900 Ches & 0hi0.... 33 39 87* 37% 87 3.%
1.100 j Chicago & Alton I 25» 26% 25% 25% i 25% 26
800 do pref 68 68 68 68 68 69
Ch * B 111 pref. - - - - 130 140
„ Chic Bur &Ov — — — — I*o 1200
3.500 Chic Gt West... 19 19 18% 18% IS* 18%
~600 do prats!"" 32% 33 82% 32% 32% 32%
do deb — — — — B '* o»
43.220 Chic Mil & St P 145% 151% 148% 145% 148% 149
100 do pref 176 176 176 176 175 |17«*
2.565 ! Chic & Northw. 170% 172% j 169% 169* 169 1.0
- Ch St PM& O. — — I — — 120 135
I do pref — — — — 175 190
1.240 Chic Term Tr... 13% 14 13% 13% 13% 14
1.128 do pref 23 23* 22 22 21% 22%
200 Chic Union Trac 4% 4% 4% 4* 4% 5%
1 do pref — I — ! — I — I S3 | 35
750 1 C CC& St L.. 85 85% 88 85 85 89
1 do pref — — — — 110 115
' Clev L & Wheel _ — — — TOW
1 do pref........ — — — — 75 85
fClev & Pitts.... — — — — 185 189
1.050 Col Fuel & Iron 60 67 65 66 66 66%
650 Col & Southern. 17 17 1«% 17 16% 17*
POO do Ist pref.... »«% JSB% 67% 67% 57 68
1.700 do 2d pref 25* 26% 25% 26* 26* 26
100 Col & H C & Ir. 15* 15* 15U 15»i 15% 1'
Com Cable —I— — — 140 160
Consol Coal — I — — — !80 95
4.193 Consol Gas 190* 193 1 ISO 190 190 19"*
200 "Cont Tob pref.. 11l 1 111 111 111 HOW, 112
486! Corn Products.. 29 29* 28% 28% 28% 2!»
490 do pref 1 79% 79% 79 79 79 80
700 Del & Hudson.. l l6*%! 169 Vi 167* 167% i 167 167%
100 ! Del Lack & W . 1249%1 249% 249% ; 249% ! 249% 249 2.M
1.0.10 Deny & Rio Gr. ! 27% 28 27% 1 27%! 27% 27%
1,130 do pref 83% 53% 83% 83% — —
— [Deny & Southw. — — — — 5 —
i do pref — — — — 5 —
iDes M & Ft D... — : — — — 88% 40
100| Detroit Southern 12* 12". 12% 12% 12% 12%
4501 do pref 21 23% 21 i 23% 22%- 23
1,021 Det United R R 72 72 70 i7O 69* 71
! Diamond Match. — — — ] — 132 134
l«7|*r»ist Sec Cor... 26% 26% 26* 26* 26% 27
100 »Dul So S & Atl 10 10 10 10 10 11
840] Mo pref jl6 16 16 16 15 16
63. son | Erie 32* 32%! 30-% 30% 30% 30%
«6Ki do let pref 65% fi6% 66% 65* 65% 68%
a! 700 do 2d pref 55 86%\ - .4 84% 54 ■ 54*
1.000 Evans & T H... 60 60%1 00 6") IHO I CO*
! do pref __„ — 86 | S>o
-Ft & D City — — — — 49% 60
!G<-n Chem C 0... — — — — 6S 1 7O
; do pref — — — — 100 102
1.600 Gen Electric Co. 174 176 174 175 173 178
|Gt Northern pf. — — — — 180 '190
Hocking Valley.. — i — | — ! — I »3 | 97
- — ' do pref — — — — l »1 P4
IHomestake — — — — \SO ', ''" s
100 'Horn Silver.... 1.00 1.00 1.00 1.00 ! — I —
2.774 Illinois Central.. 134 1134 1182% 132% 132*1132%
1 do Leased 1.. . ' — — I — ! — 102 : —
1,010 Inr Paper ) 14*: 14% 14 14 14 14%
7001 do pref 69 I 69* 69 68 68% 68
200 *Int Power ! 39 89 39 89 38% 41
Int Steam Pump — — I — — •"•"' ■' r '
do pref ■... — — — — 7S 180
1.000 lowa Central 24% 24% 28% 24 I 23% 24%
50 do pref 45 45 45 43 i 45 j4B
! Kara & Mich. — i — — — • 30 I 37
900! Kan City & So. 22 I 22 ! 20% 20% | 20% I 21
890 do pref 44 44 42*1 42*1 42 I 42*
75O|KCFS&Mpf ' 75% 76 75% 75% 74 V. 7.:
Keok & Dcs M. — — — — 25 I >:"■
j do pref — — — — 4." |55
lOlLaclede Gas 92 92. «2 92 9O j —
- - 1 do pref... — — — — I 87* I —
501 L E & Western. 30 30 30 30 25 i. 80
1 do pref — — — — 105 1110
jLor, Island ' — — — - - j 62 I «7
6.700 Louis & Nash .. 110 111 lO9*,H^H 109 109%
- 1 Man Beach | — — — — 10 il3
6,7901 Manhattan E1... 136% 137% 135% 135% 135% j 13.i%
IMd Coal pref... I — I — I — — 100 125
700* 'Met Sco Subs.. 86*1 88 '86 '■ 86 85 |
4.3001 'Met Street Ry. 128 126% 124 124 122% 1 128%
1 Met WS of Ch. ! — I — I — — 19 i 24
! do pref ! — ! — — — ' — 69
6.9501 Mexican Central 22% 22% 21% 21% 21% 22
j Michigan Cent.. — ■ — — — 120 1125
1 Minn &St L... — I — —I — 77 !82
do pref I — j — — — 103 1120
1.850 II St P&SS Ml 51 i 62% 50 50 50% 51
800 do pref 119 118 IIS 118 IIS 11*%
4. 100 iMo Kan * Tex. 20% 21*1 20% 20% 1 20 i 20%
«0O do pref I 49*1 80*1 43 I 49 48% 49
88.840' Missouri Pacific. 101% lt^i\ 100% 100% 100% 100%
jXash & Chat... — — — — 103 107
200 "Nat Biscuit 39 38 88 : 38 | 38 88%
200 *do pref (99 89 88% 98* 98 98%
1.000 'National Lead.. 15% 16 I 15% 15% 1.1% I 15%
1 'do pref — — — — 85* 80
4.040 Nat P. Rof Mcx 21% 21% 20% 21 J 21 i 21%
2.100 do pref 41% 43 40% 40% 41 I 41*
Nat Enam & S. — — — — 30% I 32%
f do pref — — — — 85 !91
New Cent Coal. I — — — — 47 JSO
200|*N V Air Brake 154% 154% 1 150% 150% 145 155
4.360 N V Central 125 126% 125 125 124% 125
300 NYCh& St L. 27 27% 27 27% 1 27% 29
do Ist pref — — — — 105 113
1 do 2d pref — — — — 70 M)
' N T Dock — — — — 20 26
1 do ant ! — — — — 47 53
200 N V N H & H . 103% 193% 198% 193% 192%! 194%
5.855 IN V Ont &- W..\ 24 i 24% 23% 23% 23% I 23%
8.775 1 Norfolk & West. 63% 64* 60% 60% 60% 61
- i do pref — A- — — 88 90
000 1 North American. 85 87 85 85% 85% S5Ti
•N Y& N J Tel — — — — 160 161
; Ontario Silver... — — — —15 6%
200 i Pacific Coast 64* 64% 54% 54% 158 55
1 do Ist pref ... — — — — 02 102
1 do 2d pref — — — — 59 85
200 Pacific Mail 26% 26% 26 2<\ [26 27
6S.9s2|Pennß R 124 [128 123% 123% 123% 124
7.521! do rie-hts . .... I*l I*l 1% 1% — —
200iPeoria & East.. 22 22 20 |20 19 122
10.360 Peo Gas & Coke 97% 97% 93 96 95% 9«
Per« MarQuette. — — — — S3* 86
do pref — — — — 75 80
PCC&PtL.. - — — — 60 67
do pref — — — — 65 100
P Ft W & Ch.. — — — —185 190
2,000 Pressed Stl Car. 53* 53% 53 63 52% |53
340 ! do pref j 85% 86 85*! 86 83* 66
15 1 Pullman P Car. 209 208 208 208 205 210
1 Quicksilver — — — — — 2
do pref — — — — 6 8
R R Securities.. — — — — 80 91
»By St! Spring.. — — — — 29 29*
100 *do pref 85% 85% 85% R6% 85 i 87
26.520 Reading 44*! 45% 43% 43* 43*1 43*
720 do lEt pref 182182 181 81 81 183
700 do 2d pref ''■ «2* 62% 62* 62% 62% 63
Rens * Sara | — ! — i — — 204 i 212
1.800 «Rep Iron & Stl. 13% I 14 13% 13% 13% 13%
200! «do pref 75% 75% 75% 75% 74 75
41,500 Rock Island Co. 32% I 34% 32% 82% 32% 33
1.400 do pref I 70% 71 70 70 70 70%
Rome W & Oga. — — — — — 137
200 'Rubber Goods.. 23% 23% 23 23 23 23%
100 'do pref....... 77 77 77 77 7« 77
550 St Jos & Gr 1... 9 9 9 9 9 11
100 do Ist pref T& S3 88 88 37 40
do 2--1 pref — j — — I — 15 20
300 St L & San Fr.. 70 i 70 70 | 70 68 71
300 Mo ctfs . 70 70 70 '70 — —
do Ist pref — — — — 74 78
1,000 do 2d pref 62% 63 61% 62 60*. 62
$00 St Louie Southw 16 I 16 16 16 15*] 16
2.9001 do pref 86% | 37* 36 I 86% 36% 87
1.100 Slcss-Sb St &Ir 42 {42 S9*( 89% 39 41
1 do pref — | — — ! — 65 90
21.725 j Southern Pacific 48% 49% 48* 48* 48*1 48%
15.1 | Southern R R... 23*! 23% 22% 22% 22% 22%
1,400 do pref 88%' BS% 87% 67%! 87% 88
1 do M& O ctfs| — — — — 92 93%
400 Stand Rope & T 3 7 i 3% 3% 8%! 3% 4%
4.200! Term Coal & Ir. 50* 51% i 50 50% i5O 50*
4. 100 1 Texas & Pacific. 27* 27% |26 26 |29 | 26*
3001 do Land Trust! 32* 82*1 82*1 32% I 82%! 36
Third AveRR.! ----- — 110 120
JTol Peo & West ; — — — — 18 21
300|Tol Ry & Light. 25 25 24 24% 23% 24
200 Tol St L, & W.. 20% 20% 20% | 20% 20* 21
300| do pref ! 40* 41 40*1 40* | 40% 41
4.9ls|Tirin City R Tr! 92* 92%! 91 91* 90% 91%
1 'Union Bag &P 1 — . — -- — 9 10
'do pref ! — — — — 70 75
— - United Fruit Co — — — ' — 101% 103
67,275 Union Pacific... 79%! 81 78% 78% | 78% 78*
1,200 do Dref 87% 87% 87 87 I 87 88
104 Un Ry Invst Co. 15* 15% 15% 15* 15 16
100 do pref i 49*1 49% 49% 49* — —
76|U S Express .. i 112 112 108 lOS 105 1115
1.340 8 Leather... 8% 8% B*l 8% 6% 8%
1.550 'do pr»f 189 ! 69* 89 | 88% S9 89%
1.200 D 5 Realty &C. 18 IS 17% 17* 17% 18
■-• do pref ! 62% 63 62% 1 63 62% 64
*XS 8 Red & Ref —I — I— ' — 30 32
110 U 3 Rubber 18* 13* 13% 13* 13 13*
— . do pref — — — — 47 50
— US Shipbuilding _____ I 4
1 do pref — — — — 3 ISO
2«.00O!t: S Steal cash.. — 31* 31% 81% — j —
do ex d 1 pe. 30% 80* 29% 29% 29% I 29%
1fi.022) do pref • BO* H>% 7£% 19% 7f<% M>
64 j0 ! ■' Caw Chem.. 55% 65% 1 55 I 65 ' 54% i Jr<
100 do pref . 118 US 118 118 117 119
3,000! Wabash _a% 24% 22% __% 22% | 23
8.750 do pref 42% 43% 42 42 I 41% 42
Wells Fargo Ex. I — i — — — it*> 210
1.410 West Union Tel. 83% 84% 83% 83% 33% 84
200 Westlngh Mf*... 181 |1&2 181 182 178 181
. do Ist pref ... — I — — . — I 175 185
670 Wheel & L E... 21% 22* 21% 22 | 21% 21%
300 do l»t pr»f ■ 67 .',7 !67 67 '53 5
do 2d pref I— — _ 30 ■14
610 Wisconsin font. 18*. 19% 18 18% lit 10%
l.eoOl do pref .... 40* 40% 40 I 40% 40 40%
|Va Iron C&C. I — j — | — | — | „ 83
•76,195 Total •*.!«• for th» day. "Callrted.
■.- : .
CONSOLIDATED EXCHANGE SALES.
STOCKS.
'Shares I i Open I Hig:h- I Low- I Last
gold. ( I ing. I est. I «»t. 1 sal*.
10.180 Anal Copper.... 63£ 53H 62% J ||S
100 Am C& F 36J» » .35 g?»
s^A-SKr". 1 !!?:: x?BS i£ »58 ™fc
"•To At «f. s . F :::: lit Sg » |SJ
■ 1350 Can Pacific H»Ji 121U 1194 I'"}*
ICO ChesA Ohio 3S 1 * 39 1 ., toH |?>
40:Chi & Alton 26 28 25* «*
4ib w^iii 'I* € 5 i f *g*
6OICOI Fuel 67 61, 66V» bo»
20 do 2d pref.... I: |:i 6**» i
Jffiynraac:: .«5 .5 jSS .U
dsSrWS..v~: !|| |* & % i,
afi?«»BSr"i £ 11 »" S5
,^Mo do P afc::: i|| X §% |§
270 Nat RR of Mex. 21* 22 20 *» m*
shft'Sbsa:". £* &* ™ % %>
4*-:N T Ont & W... 24H II ; 23% J;
2,480 Pennsylvania ... 124 124% 123% 123^
iX&Stfrez::: 4? il it Sh
1,400 People's Ga*.... 86S «<% »5S TO*
6.520 Reading 44«» 45H 43 «S
ICO Rep Steel 13S HW 13V» 13Ja
4,2«K)Rock Island S3* W^j 32% 8-^j
B,B3o' Southern Pac..- ♦» I *%£ "J* f%
li&ft^ || gl 1^ &
f^OT^Twpref \l\ SS ffi g
15.330 Urion Pacific... 70^ 81 78£ .84
fSglB^K"::::: § 3 | gl »*
il^i § I I l
"a^Sig:? i 19 tj & I 1»H
161.340 i Total gales. .
BONDS.
i I Open- I High- I Low- 1 Last
Salee. ] ) Ing. 1 est. ) est. ) sale..
?6.ooolChi RI & P 4s. 83 83 ' 83 i S(
14.0001 Con Tob 4« 60 H ™* «£*} 60S
10. 000 1 Wat.ash deb 8. . 70% 7OH I >OH I 704
$30,000|Total sales. .
MINING STOCKS.
Shares I I Open- I Hlßh- I Low- j Last
sold. I I ing. I eat. I est. I Bale.
S.OCK) Comstock bonds. .07>.i| .08 j .07% .08
ijasarva-ii- :o4H *• :§h &
7oo'lsabell2. 17V. I .18 .174 -18
s$i Mome. ::: .oe%i ;osh :o«h **
300 [Occidental 2-5 28 .-« ._-S
100 Ophlr 1.7 St 1.76 I 1..5 1..»
100 Portland 1.40 ; 1-40 ; 1.40 1.40
It ot Lou.v ::::::: .20 .20 ' .20 .20
iS»|lt&j> n::::: .20 :» • .» .*
500 [Vindicator „Bft -S5 I -W ■»"
7, 100 1 Total Tales. __________________
WHEAT.
Sales. I i I Open- I Hlgrh- I Low- I Last
bush. I I Ing. I eat. I eat. I sale.
295.00T,! Ju1y option I 7B»4I "S|'75J4J 75%
425,000 1 September option) 7241 72^1 72*1 72V
WALL STREET AND EXCHANGES.
FOREIGN TRADING.— Foreign house» dealt In
60.000 shares in the local market, mostly sales. In
London consols were again -wtP-k, and made a
further decline of hi per cent, to 91V&. on the tighter
money conditions on the Continent. The general
market was rather featurel<?3s. and copper stocks
were lower.
STOCK LOAN QUOTATIONS.— Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice. Atchtsun common end preferred, Brooklyn
Rapid Transit, Baltimore and Ohio common, Col
orado Fuel, Delaware and Hudson. Erie common.
first and seccnd preferre.l, Louisville and Nashville,
Manhattan. Missouri Pacific. New-York Central.
Norfolk and Western. Metropolitan Street Rail
way. People's Gas, Reading first preferred. Rock
Island, St. Paul. Southern Railway preferred.
Southern Pacific. Sugar. Tennessee Coal and Iron.
Union Pacific common and preferred. United States
Steel common and preferred. TTnited States
Leather preferred, Wabash preferred and Western
Union, 3 per cent; Canadian Pacific. 1% per cent,
aii'l Pennsylvania, 2 per cent.
INTERNATIONAL. STEAM PUMP.— Earnings of
the- International Steam Pump Company In the
year ended March 31 were larger than in any pre
ceding ye;tr in the history of the company. The
company is doing a large amount of improvement
work. A new plant is in course of construction In
New-Jersey, which when completed will be '>ne of
the largest works in tht> country. The foreign
business is expected to be increased as a result of
the amalgamation of the cone-ems there. The Eu
ropean company will be controlled by the Steam
Pump Company through ownership of a majority
of the capital stock. At the annual meeting of
International Steam Pump Alfred Nathan was
elected a director, filling the vacancy caused by the
death of Jamps H. Snow. Other directors were re
elected. The annual rf-port will be issued in about
two weeks.
AMALGAMATED COPPER. -A ririn that is com
monly known as Lewisohn. iirokcrs. sold over
60,000 shares of Amalgamated Copper between May
10 and June 6. The Street believed that the Lewi
sohns were liquidating copper, but it is now said
that this selling was for the account of two prom
inent Boston houses, and that it was finished on
Monday noon. J. R. Williston & Co. and J. S.
Bache & Co. have also been considerable sellers In
the recent past. On the break to 51 on Friday of
last week the Standard Oil directors of the Amal
gamated Copper Company began to buy.
NO MATERIAL CHANGES IN STEEL PRICES
EXPECTED.— Representatives of the United States
Steel Corporation are quoted as saying that it will
be several days yet before the announcement of
the price list for 1904 will be made. They aiso state
that no changes of importance will be made in the
schedule. H is intimated in circles claiming to
have good information that the statement of earn
ings for the first six montsh of the fiscal year,
which will not be given out until about July 1. will
not be a? large as for the corresponding six months
of 1902. because of delayed ore shipments, car
6hortag« and other temporary setbacks.
AMERICAN CAR AND FOUNDRY.— It la of
ficially stated that at the Madison and St. Louis
shops of the American Car and Foundry Company
the water has backed up to the extent of from four
to six feet, but is now receding. As soon as it
disappears It will require two or three days to
clean up the shops, when they will again be in full
working order. There will be no damage to the
plants or equipment. None of their men have been
drowned, as reported. At the most there will only
be a shutdown of :"rom ten days to two weeks, de
pending entirely on the condition of the railroads
In regard to handling material. The oth<»r twelve
plants of the company are running: to their full
capacity.
STEEI. AND POPPER.- Attention has been
called to a published article comparing the price
of United States Steel with th* price of Amal
gamated Copper. This declares that, figuring on
the same hauls, with the present dividends in com
parison, the price of steel should be 128. and the
price of copper should be 17. These comparisons
were made with the price of steel selling- at 34, and
copper selling at 64, at which figure they were pay
ing 11.76 per cent and 3.12 per cent respectively.
Since then the price, of steel has declined from 84
to 30 and copper from 64 to 52, and from an invest
nrent standpoint it certainly looks as if steel were
cheap. Th« us^s of steel are constantly on the
Increase.
UNITED STATES LEATHER-— The assents to
the proposition of the preferred stockholders' com
mittee of the United States Leather Company
amount already to over IDO.OOO shares, and are be
ing received in satisfactory quantities dally by th«
Morton Trust Company.
NEW WESTINGHOUSE STOCK ENTIRELY
SUBSCRIBED.— The time limit offered to subscribe
for the new stock of the Westinghouse Electric
and Manufacturing Company has expired. It is
eaid that the entire 90. C00 shares recently offered to
shareholders have been applied for either by share
holders themselves or by purchasers of rights.
ATCIIISON.— It Is officially stated that there Is no
truth in the report that Atchison has foTd any
bonds, nor is there any Intention to sell bonds at
present.
ILLINOIS CENTRAL.— earnings of the Il
linois Central for April showed a rain In gross of
$490,697 and a gain in net of J150.598. From July 1
gross Increased $2,996,880 and net $85,262.
WESTERN UNION.— Western Union execu
tive committee has recommended the declaration of
the regular quarterly dividend of 1% per cent at
the board meeting to-day.
Knickerbocker trust Drvrr>rcvr\-Th«
Knickerbocker Trust Company yesterday declared &
oemi-annual dividend of 10 per cent and an extra
dividend of 7 per cent. This 1* an Increase of 13*»
per cent over the. semi-annual dividend paid In th*
Pa cOLON*IA.L TRUST -* NT.-Th» board of
trustees of the Colonial Trust Company yesterday
declared the usual semi-annual dividend of 5 per
cent, payable July 1. to stockholders of record on
June 20. 1903.
NATIONAL RAILROAD OF MEXICO.
To-day is the final tirnf for the deposit of the
common stock voting trust certificates of the Na
tional Railroad Company of Mexico, under the
plan recently announced by Speyer & Co.. of New-
York and Speyer Brothers, of London. IN will t*»
recalled that these bankers announced that they
had entered into an agreement with the Govern
ment of Mexico, by which the latter will, on cer
tain terms and conditions, purchase a large amount
of the several clarses of the capital stock el the
company. Another important provision of the
agreement, in case of Its consummation, will be tr
transfer to the bankers, for sale to the railroarj
company, at cost, of th« government's holding 0
£1.000.000 4V4 per cent second debenture stock of th-
Interoceanlc Riilway Company of Mexico Witt
the stock of this company already owned, the
transfer of this block will give practical cor.trol of
the Interor-eanir road and zive ttM NntK.na. roan
a valuable line from the CftJ of Mexico to V«*
Cruz, and a much needed outlet to the Gulf c
Mexico. The agreement also provides for an im
portant concession for the National Railroad from
the government of • Mexico, to cover a period of
twenty yeara. from October 31 next, durin? whi-h
t'me the National will have exclusive r.ght to
build and operate railroads within a large terri
tory in the northeastern section of Mexico
The agreement with the government further prr,
vides for the conversion of $33,350,000 common stock
of the National Railroad Company of Mexico into
two classes of stock, of which VJ3SJH is to oe
known as second preferred stock and $11,118,666 as
deferred stock. The second preferred Stock will be
entitled to receive dividends when earned, not ex
ceeding 6 per cent per annum, before any dividend
is paid on the deferred stock. The preferred divi
dends are not cumulative. After the payment 1
any year of dividends amounting to 4 per cent on
the preferred and 5 per cent on the second pre
ferred holders of the latter and of the deferred
stock will rank equally in the matter of dividends.
The second preferred and deferred stock will be
issued only In exchange for and conversion into
existing common stock of the company at the rate
of two shares of second preferred and one share of
deferred for every three shares of common stock.
The Mexican Government has agreed to purchase
the total Issue of deferred stock during a limited
period at $10 a share in cash. Deposits of the
common stock voting: trust certificates should be
made with Speyer & Co., of this city; Speyer
Brothers, of London, or Teixeira De Mattes
Brothers, of Amsterdam, on or before the close of
business to-morrow. For stock deposited the bank
ers will issue receipts which will entitle the holders
thereof, on October 31 next, to receive certificates
for second preferred stock to an amount equal to
two-thirds of the common stock deposited, and to
a cash payment at the rate of $3 33 a share of
common stock, or. at the option of the bankers, to
the return, free of charge, of the voting? trust cer
tificates for the same number of shares of common
stock deposited. The bankers announce that hold
ers of large amounts of the common stock voting
trust certificate* have already deposited their
holdings.
SLOSS-SHEFFIELD STEEL AND IRON.
The Sloss-Sheffield Steel and Iron Company has
declared the usual quarterly dividend of 1% per
cent on its preferred stock, payable July 1. The
director.-*, at their meeting yesterday, did not take
action on the. common dividend, but adjourned un
til next Monday. At that time it Is expected that
J. C. Maben, president of the company, who 13 on
his way home from Europe, will be present at the
meeting.
The company reports for the quarter ended
May 31:
1903. 1902. Changes.
Prof, frcm oper $fioO,71!» $307.«17 Inc. $343,102
I>prec. and renew.. 42,739 35,643 Inc. 7.09«
.Vet earnirijrs J607.950 $271,974 Inc. $326,006
Int. and taxes 60.000 60.000
Balance „. J347.ftsr> $211,974 Inc. $33«.OO«
Dividends 114.000 114.. <->
Surplus J433.&50 $87,r«74 Inc. $336. iV«
Act. sur. car. over. 1,643,051 614.391 Ino. 1,031.290
Total surplus $2,079,661 $712,365 1nc. 51,367,236
OUTSIDE SECURITIES.
The heavy liquidation in Monday's outside mar
ket was manifested in the early trading yesterday.
Interest during the first hour was concentrated in
Northern Securities, which, under heavy selling,
broke nearly 1 J ~. per cent from the last final and
touched a new low record price, at S3. Toward
neon the market hardened and numerous good net
gains were scored. Trading, however, waa limited
to a few of the more recently prominent shares.
The above named issue rallied somewhat from the
early depression under covering, but the recovery
was only small. American Cva. issues were decid
edly more active; the common gained about V» per
cent, while the preferred soia up nearly a point.
National Railroad of Mexico lost % per cent. In
ternational Mercantile Marine preferred gained
nearly 2fe per cent. New-Orleans Railway pre
ferred recovered 1 per cent. Seaboard Air Lino
issues a fraction. Otis Elevator common sold
down Vri per cent. American LJght and Traction
lost l^s per cent on comparatively light offerings.
The copper shares were dull and heavy. There
was little or no inquiry for bonds. Two hundred
United States Refrigerating sold at Zi**, and 200
Oppenheimer Institute at 923^.
MISCELLANEOUS SECURITIES.
ACTIVE STOCKS.
(Furnished by "William E. Nichols & Co.. No. 15 W»a-st.)
• Bid. Asked.) Bid. Aske4.
Am Bar & Pkg. 46 48 i Inter Hap Tran..lCK> 101
Am Can 6% 57/&|Kitch5 7 /&|Kitch Mining % S
do pref 43 43%|idghl F & Pow.. 33* 34
Am Malting 6s. 99U 100 Ma'e«tic Con 2K 4
Am Tobacco 290 330 Manhat Transit. . 3% 3*
Bay State Gas.. V* % M & B Cop Co.. 1% 1»»
Borden's C M..107 100 lNat'l Sugar pf.-102 104
do com 115 118 | Nat B R of M. . 28 Wtk
Brit Col Copper 3* 4 |N ORy Co. 13 14
BRT 4s 82 83%( do pref 41% 42%
Calif Copper % V* | do 4%s 83% 54 1
Camden Land . . Vi li|N E Tram l » •-.'j*
Casein Co of A. — 12 jN* V Trans » •>
do pref — 86)4| North Securities. BSii 58*
Cent Kdry 2% 3 1 Otis Elev com... 3<> 37
do pref 14 16 |" do pref »4 6«>
Ccmpressed Air. % 1 Pac P& N com. * l %
Con R&frlg... ... 3% 3Ti do pref 2% 4
De For Wire... — 7 | do Deb 63 — 70
Domin Secur... 6 20 I Roy B r com lit 117
Electric 80at... 15 27 do pref 10«> 102
do pref 37 41 Seaboard Air U. 21 21%
Elec L. R com.. 1% 2 I do pref 37 38
do pref 3 4 I Scab St &Ir 11* 11%
Electric Vehicle 6 9 Standard Oil 641 645
do pref. . .... 12 15 I Storage Power... S ,
Electro-Pneu .. * %j St Louis Trans.. 22 I.*1 .* 24
Fuel Oil Power. 25% 25* Union Copper l£ IS
Oold Hill Cop... •* Term Copper. 25% 2S* 1 *
Greene Con Cop 20 20*, Unit Box Board. 3V» 3%
Gugg Expl Co. .120 130 do pref 22* 23*
Hacken Mead... 9% \2\ Unitei Copper... 15 18*
Hay Tob com... 87 4>> ID S Light &H. . 7% 8*
do pref f-i «<> I Wash Tr Co. 9% 11
Houst Oil com.. 6 S I do pref 30* 41
111 Trans 1% I*l do 4s 75 76 1 *
do pref 39 39 I White Knob Cop. 12* 13%
Int Mer Marine. B 1" I do da 120 —
do pr-f 27* 2.5%!
INACTIVE STOCKS.
(Furnished by William E. Nichols & Co.. No. 15 Wall-s».)
I Int. : Int. j i
I rate [ period, i Bid. |Ask - d.
■ — —
American Elevated Co I — I 1 li ,
Amer. Light & Trac..'. — . i 73 77
Amer. Valley Co. bonds Ss. . 8 I M 4 3 ©•> 02
Aberdeen Cons — | 42* 45
Am S Fpf ft com combined. — go
American Chicle 1 Mthly 113 m
American Chicle pref 6 q_j gn 93
American Bank Note ft Q-j 3,^ 5$
American Brass....? — j3^
American Graphophone 8 Q-D 30 40
American Graphopbone pf. 8 Q D 80 90
Am. Pine — _ ».
Am. Press Association 0 Mo 80 eb
American Palace Car — _ 32
Am. Ship Building pf . . . . — 31* s*
Am. Ship Building 7 Q-J 05 i*y>
Am. Soda Foun. com — 3 «
Am. Soda Foun. Ist pref . . 6 ■ 63 75
Am Soda Foun. 2d pref .. — m 22
American Thread Co. pref.. 5 J ft j 3% iv
American Typefounders' ... 4 Q-j 84% 37
Amer. Typefounders* pref... 7 Q-J 90 i,.\
Amer. Window Olass 1% ._ kTi, vi
Amer. Window Glass pref.. 7 _. tr
Amer. Writing Paper com.. — . il 41 _
A»n«r. Writing Paper pref .. — 15 .-
Amer. Writ. Paper bds. Bs.. » Jft J 7->* M
Anthracite Coal _ F A- X in t M
Automatic Heating pref I — _* U vi
BlUs E. W. Co „> f Q , uK ,5,1
BUM E. W. Co. prof 10 I q , J^ J,.
Celluloid Company » Q- T 115 1.1
On Fireworks com 2 *.., „
Cen. Fireworks pre; 7 FA A «2 «7
Chesebrough Mfg V Mo 430 470
One. R. re Ter. Ele. Co. Ss. 8 MAN 4«t 84
C«n. Car Heating V FftA 65 73
Columbia Eire. 4 Mfg. Co.. _ 1 £, „
Deny. Un. Water Co. pref.. I . , _ «
Deny. Un. Water Co. bonds. 5 I J * j M o-»
Empire Quicksilver. _ _._ »t "?,.
Empire Steel I .•.£ .«>*
Empire Steel pref « »J*J 31 5,1
Empire S. Sugar — I J _ ««,
Empire 8. Sugar Ist «• 9 I J * J — i^L_
Gorharn ManuX. pref « cTj 12«
Hud»oo RiTer Tsl • I-5* WO _»
INACTIVE STOCKS.
' "~~ I Int. I Int. j j
I nt«.( period. I Bid. iA-fc-d
Hall 5.gna1...... -{ J ! _^f_ 10 $ »»"
Inter. Power pref ~ •. n *??„
Inter i^d;::::::::::::-" . | t±2 « 4fi
Inter. Elevating co::.. :::.:. _- — - « «
Iron Steamboat aA J 155 1«V
j. B. Stetson com « J*j i^ \%>
Lor^rr^f:::::::::-- • A % €%
Lanston Monotvp* - _^ »* w*
Main- S. S. bond* ■ ~ [i 52
Maine S. 3. stocks... ::::: — mmn 3 **
Madison Square Garden « U& X 14 l»
Markeen Copper — j, 2 » g »
M«rgenthaler "» *1J
M'xlcan Silver Cs •••• — —~~ i* vt
National Cereal Mllllne Co. — » —
V* ff TT n G e?o ! rT •■;.'.:•.■.'.'.- 12 Q-M m% •««
▼ v T * T ... -I 'rf-J
Si^rA - - J^ "Si-hj.
Planters* Compress..... — = jo i 11*
Planters' Compress pref — »v ea
RSaf/SSS.rf::n:: ,5 = g i ~
Procter A Gamble pr«f 8 203 , 204
Quaker Oats ... — ZZH aS ■ M
Quaker Oats pref — == § I
Railway Auto 5a1e5......-- — *H «
Railway Auto Salts pr»f.... — •' .Tl
Safety Car Heat A U*ht... — — — I^2 •
Securities Co. Consol!. 49... — — — «
Simmons Hardware '™ ■ * - A l» ™ J™
Simmons Hardware Ist pf . 1 F* A 132 143
flmmons Hardware 2d pf-- — P *« *«
lir^^^.-^-V-V" 5j vl aS
ISn^ K&' pref "I "I J" »
Stand. Metal Tlte • — -— — ** «'A
Stand. Metal Tile pref — ~~~ « 1 *
Srand. Mill C 0..... .... — —— — » "
Stand. Mii!. Co. C* : . : ." v.:: — -TT^; » I*.+
Stand. Milt. Co. 6s 6 MAN .73 74*
Ftand. Rotary Motor . ... — ~~" " S
Stand. Rotary Motor Dref... — ■ — »
iwin ln £c^ PJ>er """"v:.v: "? ~^f t»§ «t
fShVsME^rt Ferry .... 5 Aft O a. W
Tubular DH. . — — ~~~~ ,i* <»?
Tefft Well er Co — - ' i! »
Tefft Weller pref — . S 1*
Trenton Potteries c0m...... — — — " •* |J
Trenton Pot. pf assented... 3 . Q-M r 2X |^
Trenton Pot Funding Ctf». ■ 4 I J*J TO 73
Trow Directory, new.. 4 __ i-R »«j
Union Switch _: Signal...... 4 Q-J 1.0 VSi
Union Switch A Signal pf. . 8 Q-J 203 20 ;
Union Typewriter c...m. ... * - — j^ 11-
Union Typewriter Ist pref.. 7 **£ ]'■% }£
Union Typewriter 2d pref ... » AA O .- IJ>
Un. Lead ft Oil — — — ~ " J r;
Un S. ft Ch — — 2*
Un. C. A Ch. pref .:::::: = = _s «f'
;. a. bumiwr n_r art «1
g-s^^ocWtesfi^:: I S £*
Un. Tob. Co. w 1 — ~~~~ ■ ,*
Un. Tob. Co. pref w I — ~~ = 2ft
U. S. Envelope com «- — - - ™ £}
U. S. Envelope pref 7 Q-M «3 75
V. S. Glass com 7 Q" M « ...
U. S. Glass pref — "g %
Wash. 3!<!g. Assn.... — — — - ** *>
Westlnghouse Air Brake.... 25 Q-J * 830 ""
Worth:r.gtc_ Pump pref -1 — ' .!-■..-»
GUARANTEED STOCKS.
tuuotations famished by Joseph WaUter ft Son*. Ni 2*
Broad-?t. )
I Dl». I Di^ I I
I rate.! period. I Bid. lAski.
Albai.y ft Susq (D A H)... 8 ! JA J i*» i —
Alb & Vermont CD A Hi... 3 ,M A N .^ —
Atl A Chart AL(SoEB).. T jM4 3 ) 145 , —
Augusta ft Say (C of G«).. 5 ' JA J . 11« —
AG. Mt M (Erls R R)-. »H J* J M ■ -
Beech Ck (N'T AH RRR). 4 Q-J »« J —
Berkshire (NT NH ft H>.. • Q-J ■■ ""
Bleecker St ft FFCM 3 R). 1% - A J 31 —
Boat ft Albany IN TO • Q-M 250 ,
Boat ft Lowell <B ft M)..- 8 J A J Z£ ! —
Bos', A Prov (Old Colony).. 10 Q-J 293 , *»
Broadway ft 3At(M S R). 10 Q-J 242 —
Brooklyn City (B P. T). 10 | Q-J 235 —
Cam & Bur Co (P X R) a J A . 33 —
Catawissa R R Ist pf (P&R) 5 MAN 63% —
Catawlssa RR2d pf (P&R) » MA N 69 —
Cayuga A Sus CD L A W>.. 9 JA J 20« —
Central CRRCo (M S R). IO Q-J 22» —
Central PNABRRRCo !
(M SR) — » Q-J ' 203 —
Chatt ft Gulf (C of Os)..- 6 J4 J i 133 —
Chestnut Hill (P A B) 8 Q-M *> —
Christ ft 10th St CM 3 R). . 8 Q-J ! J's ~
A Pltti (P RK) 7 Q-M 192 I*3
Col A Xenla CP RR) 8 Q-M 10 21d —
Concord A Mont (B ft M)... 7 Q-J 103 19«
Concord 4 Port (Conn R R). 7 £* J I I*l I —
Conn APRPf (B A L)..-. 8 FA A lf» !•<>
Conn River (B ft M) 10 JAJ 273
Day ft Mich (C H AD>-. 8 | Q-J I»* —
Del 4 Bound Bit CP ft R>- . « I Q-B* .f*^* ~~
Det HA S (L SA M S). 4 J**., IN —
Dry Dock (E Bft B) « [ Q-F 121 130
East Mahanoy 5 *, 40 | 5" —
East Perm (PA R> 6 ; J A J 73 75
Eastern Maine CM- Cent>... 4* MAN I'O —
Elmlra A W com (N Cen).. 4.56 Mft N 100 —
F.lmira A W pref iN* Cent). 6.23; JA J 135 —
Erie A Kal (L 8A M S>... 10 Tft A • 233 —
Erie ft Pitts (Perm Co) -1 Q-M i ' ;' —
Fitchburjc pf (B ,- M. 5 ; Q-F 125 13*
4"! .--. &G St F (USE).. IS Q-» ♦<» ;
Ft WAJ pf (I- SA M S). . ft* ■*■(]■ —
Ga R R 4 B Co (A C L ft ,
gSSSTAi^niSk^S: i Ijaj^ li| -
Goshen 4 Decker (E R R)-. 4 j £<•*>] •■
Grand Elver V (Mich i -ent). 8 J&J IS[l3»> —
Greene RR(D L & W).... 8 tJAD 143 —
Hart^^nVTc^Ri: I !r J 4'« "gJ =
Hereford (Maine Centra D... 4 |MA N ! W —
HUnois Cen LLa C R R>. • 4 'J & J 103 107
Jack L& S (Mich Central). 3%; MAS • —
Jol A Chic (C 4A R) I 7 i Q- 1 -, }55 "~
KAftGR (L SA M 5). ... 4.90 A 4 O 140 —
KCFSAMpf.(3I>A3F) 4 FftA 74 ••»
Laka Shore ■ • (J. 3A -« S>- 1 10 ; FAA 285 —
Little Miami <PCC AS L). 8« Q-M 227 —
LS XR & N C(P A R)..- 4 ! Q-J ; «« —
Lo AMo R(C A A). ...... 14 'JJA4OI ISO : _■«
Ly kens Valley (Nor Cent).. » MA N 40 *>
Man ft Lawrence (B & M>. . 10 Mft N 2*> -M
Massa Valley (C APR R). 1" , — 15<> —
Mine Hill ASH .P A R)-. 9 Q-J »« —
Mob 4 Btrmpf fSoßy>..-- 9 Q-J V* J
Mob A Ohio (S Rtr ctfs' - 5 , Q-J T S3 K^
Mor C4B Co com (X. V '.) ■ 7 JAJ «3 —
Mnr CAB Co pf(LV».. 5 J-t J lg* -
Morris A Essex (DL.AW). 7 JA J 18; 1£-
Nashua A Lowell (B A M). 8 FA A 25 . 2«>
Nash A Decatur (L ft N)... .'.% JAJ 192 —
Naugatuck YN H 4 H>; 4 JAJ ; 27'> —
N J Trans Co (PR R) -.---- i V* Q-J 273 i —
NT4H(N TC A H R). - 8% Q-M 890 —
NTI-AW(D LA Wr 5 JAJ - 133 133
Ninth Avenu« (Met St Rr>-. 7 FA A I*s —
« C c. p. 3 Q-J 16S —
Nor Perm (Phi; * R RV»... 7 T4 A j 106% ' I'""* 1 *
Nor (X H) KRIB A Ma).. a " ; :.r I^B —
Nor 4Wpf(NT NHA H) 3 AA O »> 2W
Old Colony (N TNHAH>7 Q-J 203 206
Osw 4 Syracuse (D Lft W) 3 J4 J f-M —
Pat A Hud River (Erie)..- 9 JAJ :^"> —
Pat ft Ramapo (Erie) 3 F 4 A , ISO —
Peo 4 E Val (CRIAP).. 12 JAJ -PL I —
Phil Ger A Nor (P 4 R).... 8 Q-P" l«l* —
Phlla ft Trenton .P»nn> 8 Q-J 2.? —
Pitts Bess A L Erie com (B
ft LE ft Carnegie C 0)... 8 Q-J W> —
pFtW St C genl <Pecn)... 7 Q-J 193 —
P McKAT .P--E4UMSV; « JAJ 133 —
Pitts ft No A(B4 A) 3 JAJ 155 j —
Prov ft Spring (New-Ens). . 4 Q-M 31 104 —
Jtov A W (NTS H4H).. 10 Q-M 235 SO3
Qulncy Bridge (C B 4 •- lil JAJ 190 —
Rens ft Sara (D AH C 0)... 3 Jft J 203 —
Roch ft Gen V (Erie) d JAJ 123 —
Rome ft Clinton CCW AH). 6U J4 J 125 —
Rom* W ft Ok (N V 0 5 Q-F 13-4 127
Rut 4 Whitehall (R 4 S)-.- * Q-F 13 140 —
Sara A S (D<*l A Hud) 7 JA J 175 —
Sharon Ry (Erie) 6 M 4 3 [ 125 I —
Southxr (Ga) (Cent of Ga).. 5 J4 J , li* 121
Spuyten DAMI M T O 8 JAJ 193 —
Stock ft P(X T H A H).. « Q-J 13 135 —
Second Avenu« (M S E) ft Q-M 210 —
Sixth Avenue (M 3 R) 7 Q-F 175 —
Syra O-COfTq 3% Q-F ■ —
Troy ft Green OH T 0 7 JA D H. —
Twenty-third St (M 9 1D... IS Q-F SW — ..
U N IRR4C Co (P R R). 10 Q-J 275% 27!>H
Upper Coos (Main* Cent)... 6 M 4 M 140 —
Utt-a ABR(R W 4 0)... 7 MA3 SO 1 1*) —
U C ft S V CD L ft W> 6 MAN I 134 1(W
U<-aB(D AH) 3 FAA 10 117 -
Valley of N T (D I> A W>.. 3 J A J 129 —
Vermont A Mass (Fitch R>. 9 A ft O 7 170 —
Ware River (BAA) 7 JAJ 190 —
Warren (N J. (D L A W).. 7 I A A O 137 —
Wilton — SV A 4 O 240 ! —
Worcester (Nash 4R) •% J4 J 143 —
Am-r Tel A Cable 3 i Q-M M -
Commercial Union « J 4 J 115 —
Com Union of Maine 6 I 115 —
Franklin Telegraph 2% M A N 4«> —
Oold ft Stock Telegraph . 6 Q-J 117 —
Inter Ocean Telegraph 8 Q-J 112 —
Northwestern Telegraph « JAJ 120 —
Tar ft Atl Telegraph . .. 4 I J A J 75 —
Southern A At! Tel I 3 • a 4 O 80 —
STREET RAILWAY COMPANIES.
fFnmlshed fey William E. Nichols A Co.. No. 13 Wart-«*»
I Int. period. ! Bid. | Asked.
Brooklyn CRRlOpe ; ZHHI 23« 249 "
B S & F F KR Co Ist J. 4 J. -»^i 101
B A 7th Aye n R Co M p c Q-J 248 233
d- Ist ss, 1904 I J. 4 D. 100 101
do 2d ss. 1914.. J. ft D. 107% 109**
3way S R R C Ist .-i». 1924. J. ft J. 112 •» 11A
do 2d ss. 1005 ..JAJ. 101% 103
C P N 4 E R R <■*.-. stock
»pc Q.^3. 210 »>
D D E B A B R R Co Ist
3s. 1032 J. 4 D. 113 13f)
do scrip spc, 1914 J. ft D. 103 105
« th Aye R R Co 15 B • Q.^J. 406 41.*
42.1 St M A St a Ay- Ft R
Co Ist ■■■ 1910 Q -J. 110% 112H
do 6p c la.- . 1913 ... M. AS. »> M
do stock. J. ft J. 70 75
»th A\ c RRCoSpa 190 **
2d Aye R R Co 5 p c . Q J -210 21T
dn con ss. 1943 Q-M. 114 11*
do let astf 3* 1909 M. 4 N. 1.15 10*
«th Ay« R R Co 7 p c MAN. 175 I* 1 *
S Rv Co iLI C) Ist as. 1923. : Q.-J. 11« 1 11»
7th Aye Ry stock J. ft J. 117U U»
23.1 St Rv deb 5,. 100* Q.-J. 103 | 10*
do stock. 1!* P c J. ft J. 405 1 41*
STREET RAILROAD BONDS.
• Furnished by William E. Nichols A Co.. No. 15 Wa»-«t.>
t Ist. I Int. I I
I rate) period. J Bid. JAsk'd.
Atlantic Aye Ist. tf>o{> . .1 5 ! A 4 O I 108 i li»
AM Ay? Con 5s K. 1031 I a ft O J li-> " ' 114U
Uk:yn Heights Ist. l'Xl 3 f \A O 106% 105
f<kivn B ... W X Gen. VC3 . - 5 A * O 101 HH
Bkl>-n City Cons ss. !!>».. . .% JAJ 10£> lltH
TJklyn drosstown Ist. 190S . 5 JAJ I«>4 10<7
Bklyn C 4 New Ist. \»)H. 5 J A J 113% lI.V
Coo«y Island ft B Ist. l'.»>3. 8 JAJ If 103
Coney Inland A B ctf, 1803. 8 JAJ 100 103
Calvary Cern A G Ist. \W!. • J4 J •103% 10«H
Pet Un Ry Ist 4 ?.«. 1933... — JAJ »7 »
Opt A Lorimer Ist. 1910.... A M 4 N 105 107
Orsnd St * j," n Ist. T.XH5. .. ! 5 FAA • •■ ■ -• i -
.lam.iloa AB» l»t. 1«i. tl .. 5 }J A > •..••., _
New \V * n t«t. imi 4 i » fA A f*103% —
S»a Beach Ist. l&l* 4 1 m<j I 85 ■*■*
Yonkers St By Ist 3a. 1046 j |
(assumed by Mat St Ry).| 6 | A 4 O | — [•»!»■
•And burnt tvs^S

xml | txt