New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-12-19
WALL STREET AND EXCHANGES

WALL STREET AND EXCHANGES.
FOREIGN Naturalization prices were
heavy and arbitrage houses sold on balance. Total
sales amounted to 5000 shares.
STOCK LOAN QUOTATTONS.-Loan quotations
were: Atchson common. 29S; Atchison preferred,
Chicago. Burlington and Quincy. Missouri Pacific
New-York Central Northern Pacific preferred
Reading first preferred, Rock Island, ST. Paul.
Union Pacific common and preferred. Manhattan.
Delaware and Hudson, Southern Railway pre-
ferred. Louisville and Nashville. Pacific Mail, AZ
AZ; Peoples Cas- Sugar. American Tobacco COM
mon, Continental Tobacco common. United States
Leather preferred Brooklyn Rapid Transit Ten
nessee Coal and Iron. Federal Steel common. Amer
lean Steel and Wire common, Amalgamated Cop
per. AZ; Third Avenue. 2; Northwestern. Northern
Pacific common, Baltimore and Ohio common. 4;
Western Union. Illinois Central Erie first pre-
ferred 8; Erie common Erie second preferred. fiat.
HEAVY ADVANCES.-The heaviest advances
were made by American Coal, 10 points; American
Sugar. 2 points; Buffalo. Rochester and Pittsburg
common and preferred, points each Chicago Ter
minal preferred 21z points; Erie S2s points: first
preferred points; second preferred, points; Gen
eral Electric, pa points: Kanawha and Michigan.
S1z points: Lake Erie and Western. So points; the
preferred 2A points; National Salt. pa points; Ma
tional Steel points; New Central Coal, points;
New-York Air Brake. points: Nickle Plate issues.
2%d5% points; United States Rubber preferred, 215
points, and wens-Fargo. points.
AMERICAN BRIDGE.-The stock issues OF the
American Bridge Company are leading features Of
the outside market. They soon will be listed on
the New-York Stock Exchange. II is said they
also will be listed the London Stock Exchange.
The company is developing large foreign bust
ness. 1t recently has secured important contracts
in competition with British and other European
concerns.
FEDERAL sTEEL.-Federal Steel advanced on
reports that the annual statement would show
surplus of s14O0O0OO. 1t reported in the day
that the directors intended to amend the charter
so as to allow the payment OF quarterly dividends
In 1901. Federal Steel stock will undoubtedly re-
ceve per cent in January for 1900. and earnings
suggest the belief that the 1901 dividend will be at
the same rate. The regular quarterly dividend Of
IL per cent was declared the preferred stock
yesterday.
UNION PACIFIC.-The rumor that Union Pacific
common stock would be placed on a per cent
basis did not come from official sources The COM
pany could pay per cent but there is little Hkeli-
hood that the conservative management will at
this time consider such action wise. If earnings
continue to increase the stock may eventually be
placed on per cent basis.
HEAVY EARNINGS IN SOUTHWESTERN
ings Of the Missouri. Kansas and Texas for the
second week in December amounted to 1907 O60. an
increase Of S5S, SS7 compared with the time
a year ago. and gain for the two weeks OF the
month of s1OO,s4S Inside buying reported in
the company's securities yesterday. st. Louis
Southwestern also showed a big increase. Missouri
Pacific increased $S6.OOO
VANDERBILT ISSUES-There was a good de-
mand for New-York Central Buying of all the
so-caIled Vanderbilt group reported many
operators taking the stocks in expectation of in
creased dividend announcements. The big Four
and nickel Plate issues were features. The d.
rectors of the Vanderbilt properties meet to-day
to take action dividends
AMERICAN SUGAR REFTNING.-American
Sugar Refining stock active strong feature
maintaining Its advance in the face of denals of
the rumor that the Arbuckle suit against the
Woolson Spice Company controlled by the Sugar
TRUST had been withdrawn. The advance was
probably due drive against the shorts. there
was no news development and nothing in the
company's trade position TO justify the upward
movement.
NORTHERN PACIFIC ISSUES-Good buying OF
Northern Pacific securities reported investors
taking the preferred. London reported that A A
Housman & Co were heavy sellers of Northern Pa
cfc common in the London market. London sold
the stock in the local market Higher prices are
predicted for both the common and preferred.
CHICAGO GREAT wEsTERN.-The earnings of
Chicago Great Western for the four months ended
October 81 sufficient to provide for the
debenture dividend for the year. the dividend on
the stock for six months and something for the
B stock
NORTH AMERICANA director OF the North
American Company quoted as saying yesterday
that plans for increasing the company's business
were under way. 1t is said that the company is ne
gotiating for the control Of the various suburban
lines between Cincinnati and Cleveland
ERIE ISsUES.-Erie issues made large net gains
and were features in the late trading. Various
rumors of dividends and consultations were cir
cuated in the Street. but no actual news regard
ing the property developed. All the coal shares
were strong.
NEW RECORD FOR EXCHANGE sEATs.-A
seat on the Stock Exchange sold yesterday
for $4,000 exclusive OF the initiation fee This is
an advance OF $500 over Mondays record price
TEXAS AND PACIFIC.-Earnngs of the Texas
and Pacific for the second week in December
amounted $751; increase OF s62 765 over the
same week a year ago. making an increase from
January I OF S.Ou.9A.
AMERICAN SMELLING DIvIDENDS-The d.
rectors OF the American Smelling Company have
declared the regular quarterly dividend OF Ia per
cent on the preferred stock
SILVER EXPORTs.-The steamship Majestic
sailing for Europe to-day. will take out 1900