New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-11-24
WALL STREET AND EXCHANGES

FOREIGN TRADING-London traded in about
forty thousand shares. Arotrase houses sold on
ba,ance S5 90 shares.
S-OrK. LOAN QUOTATIONS. Loan quotations
were. Atchlson common and preferred Chicago.
Burlington and Quincy Missouri Pacific, New-York
Central. Northwestern. Northern Pacific preferred
Reading first preferred. Rock Island, s. Paul
Union Pacific common and preferred, Manhattan
Delaware and Hudson. Southern Railway pre-
te--ed Louisville and Nashville. Baltimore and
Ohio common and Pacific Mall. 81 per cent: Peo-
Piles Gas. Sugar Refining, American Tobacco COM
mon. Continental Tobacco common. United States
Leather preferred, Brooklyn Rapid Transit Ten
nessee Coal and Iron. Federal Steel common and
American Steel and Wire s1zd4 per cent: Northern
Pacific common. 3Q317. Western Union 2. ANA
ganated Copper, nat.
THE STEEL STOCKS-Ch;cago sold the steel
stocks and 4 was reported that the Gates follow
ing had u-loaded American Steel and Wire at tts
highest price early II the week. There was heavy
realizing in Tennessee Coal and Iron. Federal
Steel was well taken the decline
UNION COPPER-The transfer OF trading n
Arualgamated Copper 70 the Stock Exchange
turned attention IN the outside market 70 Union
Copper which bought q fairly liberal scale
and moved up n price. The change in the man
agenent Of the company has placed It On a more
substantial basis. New machinery has been in
stalled for handling the ore
THE CHEAP STOCKS-Mexican Railroad securt-
ties were. It is said enjoying material advance
n the future. Earnings OF the Mexican
roads warrant better prices TOT Mexican Oe-l-di
and Mexican National stocks
DULUTH. SOUTH SHORE AND ATLANTIC
Duluth. South Shore and Atlantic preferred stock
selling at I424 will bear watching. The road s
showing Increased earnings. and the preferred
stock at he ruling price selling under its actual
worth An advance in the stock would be justified
By conditions governing It's value
INTERNATIONAL PAPER--InternattonaI Paper
preferred stock IS held BY investors and bear at
tacks on this security should not worry legitimate
holders. Alleged new coming competition will not
affect The real value Of the stock and bear pressure
Will not place the company IN trouble. Earnings
are larger than ever before IN the company's his
tory the preferred stock Is worth on its merits
60 and better
AMERICAN BRIDGE-The American Bridge
stocks have become active in the outside market
advancing prices The company was financed by J.
P Morgan & Co.. and is in an exceptionally strong
financial position II has no bonded debt whatever,
and It's capital stock. S35 100000 preferred and
equal amount Of common, Is considered moderate
inas1nuch as the company controls 90 per cent OF
he bridge tonnage Of the country
HIDE AND LEATHER-The absorption Of the
American Hide and Leather stocks in the outside
market continued yesterday. The corpany's az
fairs are SAID 10 be such shape that the pros
poets good for the beginning Of dividends on
the preferred stock AZ early day
HEAVY sELERs-F- ". savtn & Co. sold
more than 10000 shares Of various stocks. Chicago
sold upward OF 10000 shares Wasserrnann Brothers
and Van Emburgh & Atterbury were heavy sellers.
The impression prevailed n the room that John
". Gates a heavy seller, despite his denials-
CHICAGO AND ALTON.-It Is reported on good
authority that dividends at the rate of per cent
year Will soon be announced on the Chicago and
Alton preferred stock II IS said the
rnent OF the company is satisfied that the road
pay this rate under almost any circumstances.
ST. PAUL BONDS-The Chicago Milwaukee and
St Paul Company has sold . Goldman. Sachs &
Co 100000 3la per cent bonds, making s5.ooooro
OF this issue outstanding The proceeds go 70 re-
!rnburse the company for premiums paid IN retiring
higher rate bonds and for cost Of branches. equip
rnent and improvements.
CHESAPEAKE AND OHIO. Buying 81 Chesa-
neake and Ohio comes from the same people who
have been active in Norfolk Western ana
Pennsylvania Runors Of increased dividends
NOT believed in well informed quarters
INVESTMENT BUYING. - Investment buying
uas reported the granger shA res particularly IN
Rock Island and St Paul. The Vanderbilt shares
IN