New-York tribune., 1900-12-27
WAL STREET. AND EXCHANGES.

FOREIGN TRADING.-Although the London Ex-
.hange was closed, arbtrage houses bought ABOUT
$4,000 shares in the local market. The heaviest
purchases were of Southern Railway, ST Paui'
Northern Pacific and Denver and Rio Grande
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common and Erie common ana
second preferred, 2; Atchison preferred, chicago,
Burlington and Quincy. Missouri Pacific. New
York Central, Northwestern, Northern Pacific pre-
ferred Reading first preferred. Rock Island. ST.
Paul Union Pacific common and preferred, Man
haitian, Delaware and Hudson, Southern Railway
preferred, Louisville and Nashville. Baltimore and
Ohio common, Pacific Mail and Amalgamated Cop
per- "a; Peoples Gas, Sugar Refining. American To-
bacco common Continental Tobacco common and
preferred United States Leather preferred. BrooK-
lyn Rapid Transit, Tennessee Coal and Iron, Fed
eraI Steel common and American Steel and wire
common 1906; Northern Pacific common. 4q4ls;
Western Union and Erie first preferred. 4; Illinois
Central 8.
TENNESSEE COAL AND IRON.-Tennessee Coal
and Iron Company shows a surplus Of S5.961 for
November against s23s047 in November 1889 The
stock advanced yesterday on buying by insiders
The November surplus makes the surplus for the
year to November 80. s1,75O71O within s7s.4s Of
the amount necessary for the dividends.
ATCHISON-Atchison common made sharp ad-
vance at the opening on home and foreign ouylns-
1t is thought that the stock will be placed on a
per cent basis in 1901. and 1t is said that promi
nent interests are holding it for TO-
PEOPLES GAS-People's Gas made noteworthy
Improvement on inside buying and short covering
It is thought that the stock has now started IN
earnest for the level to which its real value en-
rifles it Chicago was an active buyer, chiefly for
the shorts Flower & Co were heavy buyers
throughout the day. J. s. Bache & Co. were also
active buyers.
DIES MONIES AND FORT DODGE.-The activ"
ity in Des Mones and Fort Dodge shares and the
comparatively large purchases OF the STOCK las'
week are believed to be for Rock Island account
The earnings of the Des Mones and Fort Dodge
have increased to such an extent that there is
feeling among the common stock holders that they
will be entitled to dividend on their holdings De-
fore very long.
AMERICAN TOBACCO DIVIDEND.-The d.
rectors of the American Tobacco Company have
declared the regular quarterly dividend OF per
cent on the preferred stock and ia per cent on the
common stock.
HEAVY MERCHANDISE EXPORTS.-Exports
of merchandise from the port of New-York for the
week ended Monday amounted in value to s10476O12.
an increase of S92 $40 over the same week year
ago.
HEAVY BUYING ORDERS-After the early
reaction heavy buying orders were executed by
Housman & Co. in the Eries, st. Paul and Union
Pacific Moore & Schley bought Erie on a large
scale. Wassermarin Brothers bought 10000 Union
Pacific. Jacob Field bought 5000 and H. G. We'll
5000 American Tobacco c. l. Hudson & Co. sold
about 1900 Tobacco f. W. Savin bought 5000
St Paul at the opening. and sold 5000 Sugar Re
filming and 1900 Southern Pacific. Strong, Sturgis
& Co buyers a large scale all around the
room
SOUTHERN PACIFIC.-A new pool has been
formed in Southern Pacific stock, and much higher
prices predicted
NORTHERN PACIFIC.-Reports that Northern
Pacific will retire its preferred stock have been
punctured by authoritative den!als Buying of the
stock should be helped by the roads big earnings
which for the third week in December increased
s122, GA
TO TAKE A TREASURERSHIP.-- December
81 J. Preston McAnerney will resign assistant
cashier of the Seventh National Bank in order to
accept the treasurership OF one of the large coal
companies of this city.
FORT WORTH AND DENVER CITY BONDS.
The interest on the first mortgage bonds of the
Fort Worth and Denver City Railroad Company
which was reduced for time TO per cent will
hereafter accrue md be payable at the orig
inal rate of per cent. 1t appears that the
present earnings OF the property not sufhcient
to pay the full interest on the bonds. Accordingly
the principal bondholders have requested Henry ~
McHarg, Sidell Tlghman and Franklin b LORD 10
act as bondhoIders' committee, and in order that
this COMMITTEES shall have necessary authority the
bOndhoders are urged to deposit their bonds at
once with the United States Trust Company, under
a bondholders agreement lodged with H.