New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-13

OUTSIDE SECURITIES-Mark strong and
active Standard Oil closed at 433l3d434i9 against
AGA 433 on Wednesday Last prices OF other
prominent issues were: Otis Elevating. 39s4d4O;
preferred srkGs5: Mutual Gas 3o0a3o5; New
Amsterdam Gas common. 31hm32: preferred. 67l9d
GSla, Wagner Palace Car. 1879: Continental To-
bacco common. 39l, d39i7: preferred slaslL; AIT
Power. 4@Ld+4
LONDON STOCK BORROWING-Tt is under
stood that three prominent banking houses with
foreign connections have been large borrowers IN
the last few days Of stocks sold in this market for
London account. The delivery here OF the stocks
sold for foreign account this week VIII cause no
change in the foreign exchange market.
change against these sales has already oeen
bought.
RAILROAD EARNINGS Railroad earnings for
the first week in January are uniformly good OF
The roads reporting Yesterday noteworthy exhibits
were made by St. Louis and San Francisco, ~.
Louis Southwestern and Southern Railway ST.
Louis and San Francisco gave gain for the week
over the same week year ago OF S2oss' ana
Southern Railway gain of S40'65l.
FOREIGN NEUTRALITY-SUSPICIOUS. for the
foreign account were small amounting to twenty
Ave thousand shares Of which fifteen thousand
shares represented sales. ST. Paul and Chesapeake
and Ohio were in demand in the arbitrage dealings
INDUSTRIAL STOCK MOvEMENTS-American
Cotton OH was strong and active on heavy buying
nv commission houses and insiders on bull talk re-
oarding rho property For the same reason buyers
we're ready 10 take Standard Rope and Irvine
issues on all recessions. Sugar Refining was
irregular at a small net loss, and Federal Steel
common declined about l point international
Paper stocks In fair demand
DIVIDEND DECLARED.-The Lawyers Title
Insurance Company has declared div'oend OF "a
per cent payable February l.
CALI, FOR THE BONDS.-The ST. Louis. Iron
Mountain and Southern Railway Company has Is
sued a call for s2Oo.Ooo Arkansas Branch bonds.
which will he paid off at lO5 and interest on June
next The company has sold TO syndicate. headed
bv Henry Marquand Co. s2.oOO.OW general cohsoh-
dated mortgage IS. II Is understood that this is
stem IN the direction OF making the cent bonds
The first and only mortgage the entire Iron
Mountain system. The new bonds have been very
heavily over-subscribed
FINAL INSTALMENT CALLED-Holders OF
Central Trust Company certificates OF deposit TOT
common and preferred stock OF the Wheeling and
lake Erie Railway Company are informed by the
REORGANIZATION Committee. Louis Fitzgerald. chair
man. that the final instalment OF "a per share on
both common stock and preferred stock has been
called and is payable or before January 20 to the
Central Trust Company Of New-York. Holders Of
Central Trust Company certificates who have not
made payment OF more nstaments re-
ouired by the plan Of reorganization may do on
or before January 30 without penalty. but no pay
ment will received after that date except under
such penalty as the committee may impose.
NOTICE FROM J. P MORGAN CO.. P Nor
gan & Co give notice that plan of reorganization
Of the Columbus. Hooking Valley and Toledo Rail-
way Company being now ready and decree OF fore
closure and sale having been entered in the United
States Circuit Court for the Southern District OF
Ohio to he made not later than April a. holders or
Columbus Hooking Valley and Toledo Railway
Company per cent bonds. Columbus Hooking VAL
lev and Toledo Railway Company and Hooking Coal
and Railroad Company per cent bonds; Columbus,
Hooking Valley and Toledo Railway Company per
cent bonds Columbus. Hooking Valley and Toledo
Railway Company preferred stock: Columbus, Hook
Ing Valley and Toledo Railway Company common
stock are Informed that they must deposit their
securities with the bankers on or before February
in order 10 participate in the reorganization. They
further give notice that on or before February
holders Of their receipts certificates for bonds Of
the above described issues already deposited With
them must present them their ONCE and have
same stamped asserting to the plan Of reorsan-
zaion in order participate IN the same. Deposits
and assents. II accepted after February l. will be
subject TO such terms and conditions may be de
ternined by rho bankers
Mr.. rRAsK Observation-Disclosures rrask.