New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-11-17
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London was an active
factor in the local market. dealing in about 5000
shares Purchases exceeded sales by 10000 shares.
STOCK LOAN oUOTATIONS.-Loan quotations
were: Atchison common and preferred and Balti-
more and Ohio common 3; Cincinnati Burlington
and Quincy Northen Pacific common and Western
Union ?: Peoples Gas Sugar Refining. American
Tobacco common and Continental Tobacco
Mon 3ILd4; Missouri Pacific New-York Central,
Northwestern, Northern Pacific preferred Reading
LIST preferred, Rock Island. St Paul and Union
Pacific common and preferred. 3l2 Manhattan,
United States Leather preferred, Delaware and
Hudson. Tennessee Coal and Iron, Southern Rail-
way preferred, Federal Steel common and Ameri-
can Steel and Wire. 4; Pacific Mail and Linseed
common fat Linseed preferred. 1-32dl-64; Brook
Ign Rapid Transit. 4; Louisville and Nashville,
3d312.
INVESTMENT DEMAND.-An active investment
demand developed in Northern Pacific issues.
Union Pacific preferred and all the high grade
stocks. Buying Of the Pacific preferred stocks by
commission houses a feature. Southern Rail-
way preferred bought by a good class of
buyers on the belief that the stock would be raised
to a per cent basis. Considerable inside buying
of Southern Railway preferred reported
PEOPLES GAS.-Peoples Gas advanced on in
side buying and covering by the Chicago shorts
lhis stock is scheduled for materially higher
price, and recent purchases have represented very
strong buying
ATCHISON ISSC ES.-Atchson issues were taken
by the Gates crowd and by commission houses
Bull points Atchison preferred. and 1t
is predicted that the stock will sell at par before
January /. The common stock is pretty well up
the speculative scale for a non-divdend payer. 1t
was reported yesterday, but not confirmed. that
dividend would soon be paid the common.
KANSAS AND TEXAS PREFERRED-Missour
Kansas and Texas preferred was strong on buy
ing for professional account, the stock apparently
being manipulated It Is generally believed how
ever, that this issue is entitled to a higher price
on its merits and that 1t will advance without the
assistance Of manipulation. Net earnings of the
company for September were s50s.919. and the sur
plus. after charges s2l9.6l6 a decrease OF sS1.4
from the time year ago.
HOOKING VALLEY.-Hocking Valley common
and preferred strong features. 1t was report
ed that a pool had been formed In these stocks.
and that the Morgan holdings had been arranged
for.
NETWORK AIR BRAKE-New-York Air Brake
stock advanced twelve points buying, induced
by the report that negotiations were under way
for a consolidation of the company with the
Westinghouse. The report was not denied 1t was
also reported that the company expects TO carry
numbers of contracts for equippng Russian
railroads with its brakes.
TENNESSEE COAL AND IRON.-Tennessee
Coal and Iron made sharp advance on good
class of buying The company's sales are large and
so far In the month have been ahead of the entire
months output-this. too, at an advance of 10
per ton over prices prevailing before election.
This insures that earnings for the rest OF the year
will be materially in excess OF those shown in re-
cent statements
CONSOLIDATED GAS-The rumor that Console
dated Gas directors will declare extra dividend
TO reimburse the stockholders for the losses sus-
tanned in the gas revived yesterday. The
stock advanced over points on the rumor. In well
informed circles 1t is said that extra dividend
will be paid.
PENNSYLVANIA HOLDINGS.-A Philadelphla
report says that holdings of Pennsylvania Rail
road Company stock divided up as follows;
Twentv-seven per cent in New-York 30 per cent In
Pennsylvania. per cent In the rest of the country
other than New-York and 29 per cent abroad
ST. PAUI.S EARNINGS.-The Chicago. Mil
waukee and St. Paul Company reports for the sec
ond week in November gross earnings OF *Si2A''
decrease of S. 3d. from the same time last year
OFFER OF BONDS.-Redmond, Kerr Co oner
to investors in another column, A large and
attractive list Of bonds and guaranteed stocks
exempt from taxation.
INITIATION ON THE EXCHANGE.-The in
itiatiou on the Stock Exchange OF James D Har-
ris of Harris, Hutton & Co. who bought the seat
of + d Bangs Of Boston. took place yesterday.
Mr. Harris's shoes were polished with ink. he was
shaved with a shingle. and his collar and shirt
front were covered with the brokers autographs.