New-York tribune., 1900-12-13
WALL STREET AND EXCHANGES.


strong and foreign houses dealt in about nfty
thousand shares in the local market or this
amount forty thousand shares were purchases
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common. Third Avenue, North-
western Erie preferred. 2; Atchison preferreo'
Chicago. Burlington and quincy, Missouri Pacihc'
New-York Central. Northern Pacific common
Northern Pacific preferred. Rock Island, ST. Faul'
Union Pacific common. Union Pacific preterre''
American Tobacco common. Continental Tobacco
common. Tennessee Coal and Iron. Southern Rail
way preferred Louisville and Nashville, Baltimore
and Ohio common. Pacific Mail, A. Peoples SaS'
Reading first preferred. Sugar, Manhattan broon
Iyn Rapid Transit Federal Steel common. Anleri-
can Steel and Wire common. Amalgamated Cop
per- AZ: Delaware and Hudson Western Union
Illinois Central. Alton common, 3; Erie eonino"
ard Erie second preferred. fiat.
THE steel. STOCKS.-Federal Steel and AmeIi-
can Steel and Wire the leading features OF the
market. Federal Steel moved up. in expectation OF
a per cent dividend and American Steel ana WIRE
was bough on the belief that the Gates cro"o was
working for higher prices. The apparent harmony
in the Board of Directors of the company over the
sale the company by Mr.. Gates OF steamboat
company also helped the stock
NORTHwEST.-The regular dividends were de-
clared on Northwestern stock yesterday. Ihere
was a fair demand for the shares, which were
among the strong features Of the market. North
vests stocks are held by investors. and the light
est demand has marked influence on the price.
AMERICAN TIN PLATE American Tin Plate
bought by insiders. 1t was reported that the
common stock would be placed on a per cent
basis. The directors annual meeting takes place
January 15, and action will be taken on divi-
dends until that time. The president Of the com
pany said yesterday that the dividend question had
not been considered even in an informal way.
NORFOLK AND WESTERN.-Earnings of the
Norfolk and Western for the first week in Decem-
showed an increase Of $50 2S3 as compared with
the time last year. From July / earnings
have increased SS7S13S
TENNESSEE COAL AND IRON. - Tennessee
Coal and Iron was sold by J. r. Williston and Bell
& Co. and traders took the short side. after early
buying The decline amounted 10 more than one
point. The break in this stock in the afternoon
caused selling throughout the entire list
MEXICAN SECURITIES.-Good buying of Mexi-
can Central and Mexican National has been noticed
in the last few days. Both stocks entitled to
advance and eventually they ought to prove
profta Bile speculations Earnings are heavy.
PENNSYLVANIA REFUNDING. 1t
ported Yesterday that the Pennsylvania per cent
gold interest bearing bonds secured by mortgage
the United Railroads of New-Jersey for 5000
O00 and due March 1. 1901 would be renewed at
lower rate Of interest. The new bonds
pected to be negotiated at rate greater than
312 per cent and it is believed that the money
can be obtained at per cent.
CINCINNATI. HAMILTON AND DAYTON.-The
stockholders of the Cincinnati. Hamilton and Day
ton Railroad have authorized the directors to
formulate a plan for the redemption of outstand-
ing bonds with new issue at less rate Of in
terest. 1t is expected that the Board will also
range for the purchase of the controlled lines of
the company.
UNION FERRY DIVIDEND.-The Union Ferry
Company has declared the regular quarterly divi-
dend Of onehaK of l per cent its capital stock.
The dividend is payable on January 2
MINNEAPOLIS AND ST. LOUIS.-NIinneapoli
and st. Louis directors have declared the regular
sem-annual dividend of 21z per cent the pre-
ferred stock and semi-annuaI dividend of per
cent the common.
SUBSCRIPTION Closed. & ". Seligman &
Co announce that the subscription to the West
chester Lighting Company bonds has closed. the
bonds having been oversubscribed.
NORFOLK AND WESTERN ORDERS NEW
LOCOMOTIVES-The Norfolk and Western Rail-
road has just placed order with the Richmond
Locomotive Works for Glass " p" by 80" con-
solidatoE locomotives. The engines are designed
especially for freight service. and of the
heaviest type.
OFFER OF BONDS.-H. w Poor & Co. offer at
97lA and interest $4,000 first mortgage per cent
gold bonds of the Sherman. Shreveport and South
Railway Company. due June l, 1915, uncon-
ditionally guaranteed by the Missouri Kansas and
Texas Railway Company. The bonds offered are
part of s5S9OOO authorized for the purpose OF
structing extension of about thirty miles n
order TO secure an outlet for Western traffic
East through the Queen and Crescent system at
Shreveport. and an entrance for Eastern traffic to
points reached through the Missouri. Kansas and
Texas system The statement of the Sherman.
Shreveport and Southern Railway Company for
the fiscal year ended June 30 last shows total
surplus of S2O1 45 81 after deduction of all charges
The bonds listed the New-York Stock Ex-
change