New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-12-20
WHEAT.
WALL STREET AND EXCHANGES.

STOCK LOAN QUOTATIONS.-Loan quotations.
were: Atchison common, Northwestern. Northern
Pacific common Sugar, Louisville and Nash'iue
and baltimore and Ohio common. 4: Atchison pre-
ferred Chicago, Burlington and quincy NisS
Pacific New-YOrk Central Northern Pacine pr pr
ferred Reading first preferred. ROCK isla"u' -
Paul Union Pacific common and preferred Man
haitian Delaware and Hudson. Southern f'ailwdS
preferred and Pacific Mail. 4d4l4; Peoples "dH'
American Tobacco common Continental looaOO
common and preferred. United States Leather pr
ferred. Brooklyn Rapid Transit. tennessee &C,
and Iron, Federal Steel common American" 80
and Wire common and Amalgamated Copper a.
Third Avenue 2: Western Union and illinois Cen
trail. 3; Erie common, fiat tn lbs Erie hrst pre-
ferred 2d21a, and Erie second preferred nat al
CHARACTER OF TRADING. - Wasserman
Brothers were heavy sellers around the room. and
realizing was large. Commission houses had many
buying orders Good selling reported in the
traction issues. Chicago sold but sales from this
quarter were generally for the short account.
Traders sold the Vanderbilt issues Union Pacific
and Atchison Buying of Southern Pacific or the
decline conspicuously good. Lower Wall Street
bought Sugar Refining. Kansas and Texas stocks
were features inside buying. Boston sold Anal
gamated Copper. A bull pool at work in
Chesapeake and Ohio Northern Pacific sold
by shorts but it rallied easily before the close.
1t was reported that Mr.. Keen had sold many
stocks. Jacob Field and Louis Wormser worked
on the bear side.
NEW HIGH RECORDS.-southern Railway com
mon and preferred and per cent bonds made high
record prices Among the other stocks that sold at
high prices American Express American
Tin Plate, Chesapeake and Ohio. Erie common.
first preferred and second preferred: Lake Erie and
Western. Nickel Plate common and second pre-
ferred In addition, many bonds also sold at the
highest figures recorded.
HEAVY ADVANCES.-The more important adj
vances were made by American Express points:
American Sugar. 3Ss points: Chicago Terminal 81.
points; the preferred. 31a points; Cleveland Lorain
and Wheeling, 2h points; Consolidated Coal,
points; General Electric. Az points; Illinois Cen
trail. points; Wisconsin Central 35s points: the
preferred. 6k points.
KANSAS AND TEXAs.-NIssouri. Kansas and
Texas issues strong features the common
advancing IL to 1917 and the preferred Ia 421s.
The fact that the company is earning at the rate
of 10 per cent year the preferred stock evil
IDENTIFY is becoming better known and appreciated.
WISCONSIN CENTRAL--Wfsconsin Central
stocks and bonds active strong features on
reported inside buying. The company's earnings
improving and the record for the first year of
the reorganfzed company indicates that per cent
dividends will be paid no remote period. Sur
plus last year was equivalent to about per cent
on the preferred stock. The buying yesterday was
said to be in connection with Northern Pacific
deal
STOCK EXCHANGE NOTICE-The Illinois Cen
trail Railroad Company having advertised that the
transfer books will be closed en- December 90 1900
at p. m, for a meeting of stockholders and TO
vote upon proposition to issue stock to be
offered to stockholders of record of December 90
1900 the Committee on Securities therefore rules
that due bill representing all the rights 70 sub
scribe, which may be authorized at the meeting of
stockholders be held on January 26 1901 must
accompany all certificates of the stock the COM
pany delivered for cash December 90 1900 and
all deliveries thereafter The stock will not be
quoted rights in the Exchange on December
90 1900
EMPIRE STEEL AND IRON DIVIDEND RE-
DUCED-The Empire Steel and Iron Company has
declared semi-annua dividend of IA per cent on
Its preferred stock payable December 81. This
dividend is reduction of ~ per cent from the last
previous payment According TO a director Of the
company the for the decrease in the pre-
ferred dividend is that the Empire Company is
planning important improvements it's furnace
and mining properties in Pennsylvania and New
Jersey, and a part of the earnings has been set
aside to make these improvements.
SOUTHERN RAILWAY. - Southern Railway
earnings for the seconC week in December amount
ed to $Ss5Ol an inerras .s,9 Of s2s % From July
NORFOLK AND INSTRUMENTATION and
Western reports gross earnings of s3142SS for the
the week last year. From July / the
gain has been $933, S93
MEXICAN CENTRAL.-The decrease in Mexican
Central earnings for the last two weeks it is an
houneed Is due to the interruption Of the local
STOCK EXCHANGE SEATS-A bid of $4,000
was made for a Stock Exchange seat yesterday on
Tuesday a seat sold for $O,O00.
NEW OFFERING OF BONDS-Speyer & Co
will offer tomorrow morning, reserving the right
Thereafter S. 900 general nov frsu mortsa gag
81. per cent gold bonds of the United New-Jersey
price is 1O9ls payable as follows: 912 per cent on
allotment and 100 per cent on March l. 1901. The
principal of these bonds is payable March l.
1851 and the principal and interest guaranteed
by the Pennsylvania Railroad Company. The issue
is made TO take up the same amount of per cent
6 69pd Of oa issue om limited to SO n Which rHri
critics of the United New-Jersey Railroad and
Company.
20 tn, pennsylvania Railroad Company for 500
years the latter company guaranteeing 10
stock the former company. II is stated that the
United New-Jersey Railroad and Canal Company
surplus over the guaranteed dividend Defnitive
bonds bearing interest from March 7 next will he
delivered on that date Payment i'm full may be
made in purchasers option on allotment under
discount a. the rate of 51e per cent per annum
by the Fidelity Insurance Trust and Safe Deposit
The Subscription fnstalTnent due March 1 next will
render the previous payment on allotment liable to
forfeiture.
ELECTED A DIRECTOR.-O. d. Ashley presi-
dent of the Wabash Railway Company, has been
elected director of IN" CONTINENTAL Trust COM
pany.
OFFER To INVESTORS Goldman. Sachs & Co.
offer 10 investors a limited amount of first mort
Guaranteed by the Pennsylvania Railroad
40 EXTRA COTTON REPORTS.-Superinten-
ceived word from Mr.. Hyde. the statistcian of he
Department of Agriculture at Washington that no
Denartment had announced that the regular state
ment would be the inal report for the season.
BUYERS AND SELLERS
The principal buyers and sellers in Yesterdays
market were: Ulman Brothers bought Continental
Tobacco preferred J. A. Baker sold Smelling pre-
ferred H. Clews & Co. coco and Roberts. BLAIR
& 60. 2.5OO bought Southern Railway common:
A II Combs & Co. q COO sold. E. 5 Chaplin & co.
(2OOO bought Tin Plate: John H. Dunno (SOOO sold.