New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-07-15
81 642 SEQ. 900 81, $40. iso. 900 Dec. 1920 t

II will be noticed that the total stock SHOWS very
little change from year ago AS VIII ne observed
the Bank of France shows slight loss whle the
Bank of England shows a heavy loss. The lmpe-
rial Bank of Germany has practically neither
gained nor lost. The banks Of England and OF
France are the principal sources OF supplies -, iot
tn. cGunry m Will take little pains to dey
the export of gold to this country when the time
comes.
The winter wheat crop has not yet begun to move
in any volume When the wheat starts for market
all of the Southwestern lines expect that their
equipment will be taxed to the utmost II not found
to be inadequate. So far. what little movement or
wheat has been has been to Southern ports
and Northern ports.
T Pierpont Morgans control OF the hard coal
trade was clearly demons rated by developments
nj the Lehigh Valley Railroad meeting on Tues
day That road will not be dsturber Of prices
so long as the 'gentlemens agreement lasts. NJ.
Morgan's interests in soft coal ere also known 10
miners strike and at the same time to perfect an
and soft coal will be adjusted. so that both inter-
ests can make money. The anthracite roads are
a rush II the soft coal strike continues.
There is a rumor that a large corporation-it is
said to be the Delaware and Hudson Canal Com
pany-s steadily buying NcwYork. Susquehanna
and Western Railroad stock for control. Since
the company paid off It's floating debt the manage
ment has been much relieved and It's improved
credit has undoubtedly aided i in getting business.
Though the property Is wen manager. There IS.
nevertheless. 4 growing belief mat there are 10 be
important changes in the Board OF Directors at
the next election.
The following notice read at the Stock Ex-
change Yesterday: THE Plttsburg. Fort Wayne and
Chicago Railway Company. under the terms OF its
lease TO the Pennsylvania Railroad Company, art-
Gle lG will issue to the lessee company. for better
ments the sum OF sls3 sol So in shares OF so-caed
special guaranteed. or oetterment stock" The
Total amount of such stock outstanding Is now
si9lG7lis 80. Applications VII! be made to place
this new on the regular list OF the New-York
Stock Exchange in que course OF time.
There was report that there would he a change
I'm the control OF the Herring Hall Marvin Safe
Company at the annual meeting yesterday. 1t was
said Boston capitalists had acquired majority Of
the stock. Mr. Mosler. of the safe company. said:
There has been concentration OF stock In the
purchases since the last election and. besides. con-
troll OF the stock Is vested In the five trustees for
five wears ending in 1901" Secretary Lake OF the
Herring Hall Marvin Company said: The rumor
that control OF this company has passed to any
Boston capitalist cannot be true because OF the
VOTING trusteeshir. which does not expire until
1901 Besides there have been no evidences OF
changes In transfers of stock to Indicate such
change"
Charges have been preferred to the Board OF D-
rectors of the Consolidated Stock and Petroleum
Exchange against r. a. Gearon for enforcing with
his fist an argument the floor Of the Exchange
with another broker named Levy on Tuesday.
The trading In Sugar stock on the Stock En-
change yesterday greatly declined In volume The