New-York tribune., 1899-01-31
BONDS.
WALL STREET AND EXCHANGES.

OrrTSIDE SECURITIES Market irregular and
active Standard OF closed at i73d47fs. against
473di74 on Saturday Last prices OF other prom-
ncnt issues were: Otis Elevating 4oNi2; preferred
sab6sea,: New-Amsterdann Gas common. 2nS214:
preferred 67d6s Wagner Palace Car. 19Nt1s3; Con-
tinental Tobacco common 361zTi37: preferred 75A,n
49, Air Power sSd7O. against Sn6Sla on SATURDAY
SILVER EXPORTs.-Expors OF silver to-day
100 co0 ounces.
FOREIGN TRADING-London dealt on both
sides OF the account. buying. however. more than
II sold. Atchison. Ontario and Western. Union "a
cihc St Paul and Southern Railway were In good
demand by arbitrage houses.
ST LOUIS AND sAN FRANCISCO.--A promi-
nent banking house has purchased at private sale
a large block OF the common and second preferred
stocks OF the ST. Louis and San Francisco Railway
Company There is only 100000 first preferred
which receives per cent annually and II Is under
stood that at the directors meeting on THURSDAY
a dividend OF per cent will be paid on the second
preferred for the half-ye The company earned
per cent the second preferred last year
UNION PACIFIC EARNINGS.-Union Pacific
for December showed net earnings OF <Ss'25o an
increase OF s2l46& over December, 1897 and for the
six months a gain OF sl.lSS,i57
LONG ISLAND RAILROAD BONDS.-N. w.
Harris & Co offer to investors limited amount OF
Long Island Railroad Company first mortgage
per cent gold bonds due June. 1882 interest pay
able June and December. These bonds are a hrst
lien on that portion Of the Long Island Railroad
from Floral Park through Garden City 10 Hemp
stead and from Garden City TO Farmingdale. The
property forms a valuable connecting link with the
ca stern end OF the Island.
HERRING HALL MARVIN REORGANlLA-
TlON-At the request OF creditors and stockhold-
ers of the Herring Hall Marvin Company COM
mittee Of which Otto T. Barnard. president of the
Continental Trust Company, is chairman, has been
formed for the reorganization of the company, and
n plan has been filed with the Continental Trust
Company. The capitalization Of the new company
will be $500 first preferred and SlO5O,Ooo sec
ond preferred and 81 65OOO0 common stock credi-
tors to receive 80 per OF their claims In cash
and 10 per cent thereof In first preferred per
cent stock Of the company. Preferred STOCK
holders and certificate holders. upon making pay
ment of s12 per share will receive new first pre-
ferred per cent stock and in exchange for their
present holdings 80 per cent of new preferred STOCK
and 30 per cent IN new common stock Common
stock holders and certificate holders upon making
pavrent OF s6 q share will receive new first pre-
ferred stock and in exchange for their present
holdings 80 per in common stock All
stockholders and holders OF voting trust certificates
desiring 70 avail themselves of the advantages OF
the reorganization are requested 10 deposit their
stock and certificates before February 20 with
the Continental Trust Company which Will issue
It's negotiable certificates therefor. Payment or
81 upon each share deposited is required, and the
balance OF the payments will be called for In not
less than three instalments. not less than twenty
days apart from each other Creditors OF the COM
pany are also invited to sign the agreement