New-York tribune., 1900-11-08
WALL STREET AND EXCHANGES.

FOREIGN TRADINCi.-London prices were
higher and arbtrage houses were active in the local
market. selling upward OF 10000 shares on the ad-
vance After the official close of the London
ket arbitrage houses continued trade for London
curb operators
STOCK LOAN QUOTATIONS-Loan quotations
were: Atchison common and preferred. Chicago
Burlington and Quincy. Peoples Gas Missouri Pa
cifc New-York Central Northwestern. Northern
Pacific preferred Reading first preferred Rock
Island. st. Paul Sugar. Union Pacific common and
preferred American Tobacco common, Continental
Tobacco common and preferred. Manhattan United
States Leather preferred. Brooklyn Rapid Transit
Delaware and Hudson. Tennessee Coal and Iron
Southern Railway preferred. Louisville and Nash
VILE. Baltimore and Ohio common. Federal Steel
common, American Steel and Wire common. s:
Northern Pacific common, 8; Western Union. +d5
STANDARD OIL RECORD-Standard Oil stock
made a new high record yesterday, selling at $50
The company declared a dividend OF 10 per cent.
making a total for the year OF IS per cent. a
yield OF about per the present market
value The trading in the stock amounted TO about
300 TO $50 shares. The stock opened up about 30
points TO $50. sold down on the next sale to $40.
rallied TO 645 reacted $40 rallied 10 s46
down 10 63s. 625 and 622 and the last sale at
6l0. The decline due the disappon in
the dividend OF so which declared yesterday.
People who have been buying all the way from 500
expected larger dividend.
INDUSTRIAL STOCKS-The steel stocks were
features A rush to buy National Tube made
at the opening, but little STOCK was onered red
eral Steel was bought by Flower & Co. and other
prominent houses, and American Steel and Wire
was strong on Western buying II said that
the inside clique in American Tobacco had absolute
control OF the stock Chicago sold Peoples Gas.
Sugar went up unfounded reports that the
dividend would be increased the old u per
rate Good buying OF Car and Foundry. Pressed
Steel Car and American Lnseed was noted.
THE TRACTION sHAREs-Traders bought
Brooklyn Rapid Transit the theory that the
all,
Tammany hostility. Prominent interests bought
the stock its merits. Buying in Metropolitan
was considered good Manhattan an active
feature advancing to Its highest price of the year
II is thought in we'll informed circles that Manhat
tan stock Will sell considerably higher owing the
general improvement In the company's affairs and
prospects
SOUTHERN RAILWAY-Sou,aern Railway for
the last week in October reports a gain in
gross earnings of $40 46s over the same week
year ago. For the month the gain is s236 7s2 max
ing total Increase of S72553a since July / Good
buying of the preferred stock noted in yes
terday's market.
PENNSYLVANIA IN DEMAND-Heavy buying
of Pennsylvania Railroad stock a feature in
yesterdays market. The demand from invest
ment and speculative sources and induced by
the general expectation stock will sell ma
erfaAy higher its merits. Philadelphia
were buyers The Pennsylvania company has
placed an order FOR TWO thousand cars. involving
the expenditure Of s2,0"0p The heaviest buyers
OF the stock yesterday We're Talbot J. Taylor *
Co. H b. HolinS & Co. A A HouSnlan < Co. |
Dick Brothers and Eam.s & Moore
GENERAL CARRIAGE-There signs yes
terday that General Carriage being accumu-
lated Insiders said BE- buying the stock |
The company is rapidly adding 10 lis equipment, |
but the demand for is vehicles i far in excess
of the supply The plans fully prepared for the
company's new building IN SiXth-ave.. extending |
from Forty bird 10 Forty-fourth -.
SOUTHERN PACIFIC.-seavy alizing sales |
were made in Southern Pacific. hut the buying was
said be good. ". /. Stow bought 100 shares |
and r. II. Thomas sold ~ q" shares II thought
that the bull This stock is strong |
Western houses bought and the pool which recent |
ly took up the stock sold
NORTHE ERN PACIFI g. Northern Pacific was A |
feature in the last hour. and rumo-s OF extra |
dividend pu, out. Tho stock made net |
gain of over three points.
MEXICAN CENTRAL.-A prominent operator |
has lately been buying Mexican Central income |
bonds and expects them TO advance largely price
The earnings OF the company are increasing |
which practically affords assurance of dis
tributon the incomes early time.
TENNESSEE COAL AND 'FRONT.' is generally !
believed thar the Tenn rsSee Coal and Iron Com
pauy intends u make some important changes in !
It's management. one OF which changes Will be the
appointment chairman Of the Board Of man |
with practical knowledge of iron and steel in all |
its departments.
MARKET LEVEL-The general stock market ia |
three points belox its level at this time last
year about seven points down from the highest !
ard about and one-half from the lowest Of |
last December. The average price of twenty |
active stocks, for the part the stocks. is
almost double the average price four years ago.
STABLE AND RISING MARKET-Isidor Worm |
ser jr., predicts stable and rising market all |
winter