New-York tribune., 1900-12-05
WALL STREET AND EXCHANGES.

ropEIc,nJ JT-FADINe-London sold stocks in the
local market. The heaviest dealings were IN tne
Atchisons Chesapeake and Ohio and the Paeihe
stocks Arbitrage houses sold about SO.ooO snares
STOCK LOAN QUOTATIONS.-Loa quotations
were Atehison common and preferred Cnlcaso'
burlington and Quincy. New-York Central N0'.si
ern Pacific common and preferred Union 49,,
preferred Delaware and Hudson, Southern - -
way preferred Louisville and NashVlile' <A''C
common, 3; Peoples Gas, Missouri Paelhc' a- -
ing first preferred. Rock Island. ST. Paui' ouea-'
Union Pacific common, American Tobacco coLlii,OI,
Continental Tobacco common. Manhattan -.
States Leather preferred. Brooklyn Rapic tIaNs-'
Tennessee Coal and Iron Baltimore and ONO con-
NOR Federal Steel common Pacific Mail AnieFi-
can Steel and Wire common Ss; Nortn"e'
Western Union 2: Illinois Central, nat 10 = A'''''
gamated Copper, S%44 --s- 1o-
AMERICAN CAR AND FOUNDRY.-oraers TOT
cars show Improvement and current earnings Oi
the car building companies are heavier tnan 'he
sentember average which was well unoer pre-
ceding months. There is no quesuon aOoN. -
ability of the American Car and Fouhory COiii-
-nanv ALWAYS to pay dividends on its preferred
stock but there is no reason to expect that the
comnany's conservative management VIII make
extravagant disbursements on the common Inc
company is ably managed. and not concerned IN
stock market speculation IL has working eapi1ai
of so OoOOCO and in its first fiscal period 1t had
s,rnus after preferred dividends of over 100000
sT LOUIS SOUTHWESTERN.-St Louis South
western earnings for the month of November In
creased seO4 So Activity in the company's stocks
and bonds has been a feature in the market for
several days and inside buying has been pro-
,ounced At the current rate Of earnings dtvt-
dend can easily be paid upon the preferred stock
- TEXAS AND PACIFIC.-Texas and Pacific stock
has been heavily bought in the last two days by
A H. Coombs & Co. Good information on the
stock suggests the belief that important interests
are working for a higher price. The roads gem
eraI condition and prospects are excellent.
THE STEEL STOCKS-Chicago sold the steel
stocks Buying on the decline good especially
in Federal Steel issues. Federal Steel common
WILL 1t is confidently believed, receive per cent
dividend in January. Earnings warrant such a
payment American Steel and Wires dividend on
the common stock will most likely be reduced to
more conservative basis. Republic Steel preferred
was a strong feature.
ing Of New-York Central and Reading came from
tne same sources Talk OF Developments favorable
70 Reading through the New-York Central ana
PENNSYLVANIA community OF control scheme induced
buying of Reading bonds.
CHICAGO AND ALTON.-A dividend OF per
cent has been declared the preferred stock OF
the Chicago and Alton. Ex-Governor David r.
Francis of Missouri. and James g. Forgan, presi-
dent of the First National Bank OF Chicago have
been elected directors OF the company.
IINSEED OIL.-American Linseed issues were
strong on reports OF Standard OIL buying. The d.
rectors of the American Linseed Company will meet
on December 10 to take action on the question OF
raising additional working capital
COMMISSION HOUSES. - Commission house
business was light. about the only active buying
orders being in the grangers. Pennsylvania and
New-York Central.