davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
WALL STREET AND EXCHANGES

OUTSIDE SECURITIES MARKETING market
closed steady and active. Standard OIL closed at
5ld535. against 532G535 Monday. Last prices on
other prominent issues were: Havana Commercial
1Gq1s; preferred 5SQ5sh Baking Powder s4as4b:
Bay State Gas, l%@17s; Pump, 16lkq17h; preferred
65d66; Markeen Copper, 6QS: Amalgamated Conner
94@94R: Amsterdam Gas, 26I27 preferred 4sI6047Ib:
Rubber Goods, 29a3O; preferred S2qS4 Dstilling of
America, SNdS94; preferred 3OhG31: Sloss-Sheffleld
2S19q2s1a; preferred, 69q7O Storage Power 12G14.
General Carriage 6Aq6a4
WORLDS SUPPLY OF GRAIN.-'Bradstreet's
weekly statement of the worlds available supplies
of grain shows the following changes: Wheat
stocks east OF the Rockies decreased S5 600 bushels
European stocks increased 100 600 bushels worlds
stocks decreased 7500O bushels United States corn
stocks increased 4S9 900 bushels and oats fncrea
352, 900 bushels
ROCK ISLANDS EARNINGS.-An officer of the
Chicago. Rock Island and Pacific Railway Company
says: Despite the small amount OF grain that IS
moving in our territory business as whole con-
tnues to show increase the same period
last year
COTTON OIL REFUNDING-The American Cot
ton Oil Company has received many offers to take
the whole amount OF bonds which viii be needed to
refund the SI06s,GO debenture SIS maturing next
November. The favored plan Is an issue of So co.,
900 AZ per cent bonds OF the same nature az the
present ones. which could command a small pre-
MUM The saving in interest, including paying off
the odd S.oGO in cash, would be N1O.440 a year
BANK REPORTS-The Gallatin National Bank
at the close OF business February 10 had loans
and discounts of Sc O97 o. and total resources of
SAl16.S0S Il. The individual deposits subject to
check were S5.l55 APO 81 The Ninth National Bank
Hs o. and total resources CT $.3s4057 49, The ind-
Vidual deposits subject to check 81 49, 7SS Ga
The National Park Bank had loans and discounts
Oh S"S4S a. and total resources OF ssS 2Ss 1856 o.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
NATIONAL TUBE COMPANY.

The National Tube Company has declared a
quarterly dividend of 1a per on its preferred
stock At the directors meeting yesterday a
statement was presented showing the condition Of
the company 1t was in part as follows:
The merchandise and material hand are now
the largest in this company's history preparatory
to the opening of the spring season. The cash
sources are estimated at over SIS 100000 net in
Guiding over S5,50OO00 in actual cash. The company
has no outstanding bonds, mortgages or liens of
any description. and it pays cash for all purchases
OF supplies or other commodities. Two quarterly
dividends of 1$4 per cent each the preferred
shares have been paid; a third has just been de-
clared. Since the company commenced operation
July the number of Individual stockholders has
increased about 40 per cent. The net earnings of
the corporation for the first six months of its
operatons-July to December. 1899 inclusive (after
appraising all materials hand at very low
figures amply TO guard against contingencies of
all kinds and after making full provision for de-
probation. etc). s.. aO9 060; from this deduct
two dividends on preferred stock at ~ per cent
each S1t00,000; leaving the result of six months
business after paying six months dividends
preferred stock. s6.J09.O5o. The capital stock of
the company is $i0Go0,OOO preferred stock. and
$40, eco common stock.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21

The individual deposits subject to check were 3d.
055. 54S IS.
NOTICE TO HOLDERS.-The Reorganization
Committee OF the United States Flour Milling Com
pany, Samuel Thomas. chairman referring to the
plan OF reorganization of January 49, and their ad-
vertisement dated February 2. gives notice to the
bond and stock holders of the company that their
bonds and stocks may be deposited with the Met
ropolitan Trust Company up to and including
February 26 Negotiable trust certificates will be
issued for deposited securities.
GOLD FOR COSTA RICA-A shipment to Costa
Rica of 10000 colonies In gold was made yesterday
by Fl. B. Hons & Co. These pieces were coined
at the Philadelphia Mint for the Costa Rican Gov
eminent, and form part of the new coinage of
that country, resulting from its operations toward
the establishment of a gold standard.
OFFICERS RE-ELECTED.-At a meeting of the
Board OF Directors OF the Trust Company of Amer
lea yesterday the present officers were reelected
for the ensuing year: Ashbel p. Fitch, president;
William Barbour. William II. Leupp and H. S.
Manning, vice-presidents Lawrence o. Murray.
trust officer: Raymond L. Chatry secretary;
Thomas c. Clarke, jr. assistant secretary; Albert
L. Banister, treasurer, and w Hunt Hall, assistant
treasurer
MR.. SIMMONS'S VACATION.-J. Edward Sim
mons president Of the Fourth National Bank. will
leave town In week ten days for vacation OF
three or four weeks at Palm Beach. Fla
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
BONDS.
THE DAYS OPERATIONS IN STOCKS.

Stock market trading was light in volume on
an irregular movement of prices. Changes for
the day small, with more net gains than
losses at the close. There selling pres
sure and realizing sales absorbed by
brokers identified with the more important mar
ket interests. Norfolk and Western common
was again in demand: also Ontario and West
ern which like the first named issue is selling
under it's actual worth Ontario and Western
is making dividend on its large capital stock
and il is not unlikely that in the course of the
current year the directors Of the company will
take steps to divide the capital into common
and preferred and place the preferred thus
ated on q regular dividend basis. Low priced
stocks. such as Norfolk and Western and On
tario and Western possess great speculative and
investment possibilities. and many substantial
buyers appear to be absorbing these issues
simply on the question of intrinsic value rather
than on the expectation OF immediate develop
ments affecting the companies.
Third Avenue Railroad stock enjoyed its usual
gynnastic performance yesterday, and served
again to restrict trading In the general list,
Third Avenue stock has become a speculative
football. and like Sugar Refining. it is a good
issue to leave alone. AS to Sugar Refining, the
current speculation in 1t is particularly danger
GUS owing to the uncertainty the action
of the directors at the March dividend meeting.
If the dividend is to be reduced 10 a per cent
basis the present price Of the stock is not high.
but if the dividend is to be passed. price below
par should logically follow. It should be borne
in mind. however. that Sugar stock is erratc
and subject to such adroit manipulation that its
price seldom moves in logical path The pre-
vaiing impression is that the next quarterly
dividend viii be reduced from a II to per
cent rate, but there are not few people who
believe the dividend will be passed. 1t was re-
ported yesterday from sources where Sugar
stock information is usually good, that no Sugar
dividend will be paid in March.
The manipulation OF Sugar and Third Avenue
and kindred stocks is an adverse feature in the
current market, but IL is not of any importance
TO investors and confident holders who are will
sng 10 wait for legitimate bull market. Stock
values are not dear. In view of the enormous
earnings of the railroad and Industrial COM
panies stocks ought to be held for better prices.
And this appears TO be what the greater num-
Der of owners doing.
Present conditions In the local money and for
eign exchange markets seem to foreshadow
higher rates for money and possible gold ex-
ports, but conditions governing the real worth
of securities indicate no change that would sug-
may cause speculative selling and temporary
setback in market prices. but they should not
induce important liquidation or plunge the mar
ket into the panic which some tirnid people be-
lieve Will follow. Stocks good purchase at
ruling prices for higher level which the best
judges are confident will be established this
year.
n A rrn
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
AMERICAN STEEL AND WIRE MEETING.

At the annual meeting OF the American Steel
and Wire Company. held yesterday, the stock
holders unanimously voted to adopt the proposed
amendments to the articles OF Incorporation
These amendments permit the company to build
and operate railroads and enlarge its powers OF
operation In other directions. They also author
lie the cancellation OF part of the preferred stock
John w. Gates. chairman of the company sub
mitted address to the stockholders, In which
he said in substance that the plants and properties
have been increased in value by improvements
which have been charged TO the expense account.
The bad debts up to the present time are less
than $4,000. The economies resulting from the
combination had been fully up to the expectations
The value Of the exports OF wire products from
1880 1898. inclusive of the whole United States.
was $l6OOO0O0. The company in 1893 had exported
$9.0O0,0O0 This was so per cent much as was
exported from 1890 1899 inclusive. The exports
for the first two months of 1900 showed material
Increase the same period of 1899 and Mr..
Gates believes that the business of 300 viii be
gratifyingly larger than in 1893. out of the
ports of the company to the value of S9.G00OOO.
there was paid to labor over 100000 and 1000 men
have been continuously employed in this export
buSi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21

Statistics concerning the coal traffic show the
transportation in the year Of 7S gross tons an
increase from 1898 OF S7.95l tons. Number of tons
carried mile, 1874 755 increase OF e. TAI no.
or 67S per cent. The average rate earned a ton
ton per mile 946c, a decrease OF lice OF gen.
eral merchandise there transported ssh, 1854
net tons. increase of BATS tons. Number of
tons carried mile, s26 503 533, increase of 81
872.797 or 1857 per cent. The average rate earned
ton 81 10, decrease OF .O3lc Averate rate a
ton per mile .679c. a decrease OF O0ic. Number
of passengers carried 1888 $685. an increase Of
l151,675. 9.74 per cent. Number OF passengers
carried mile was $50 274. s26 an increase OF 90
633,Os7 or 1LS9 per cent. The average a pas
senger mile 1880 an increase OF DISC
The condensed general balance sheet as of De-
cember 81, 1885, shows:
Assets-Cost of road ST 1923 Oo9 cost of equipment
Sn4,Dli other permanent investments, $7,657 329
22S6,S5s; advances TO leased roads 81, 849 ad-
vances to controlled roads. S457 $50: advances ON
coal to be delivered, 81 COZ; coal on hand 50 AGA
bS material fuel and other supplies 1891 424 cash
SlOSOsl; bills receivable ss3, ISL; due from agents
conductors, etc. $3.50 637 coal bills and sundry &C
counts due, SsOls; suspense account siis si2:
total. $50 $40 7O1. ''-
Liabties-Capital stock s2s 200 600: consolidated
mortgage bonds OF 1907. $685. 600; rentals accrued
not due 81 61277s; interest accrued not due 81 ga
Delaware, Lackawanna and Western dividend nav
able on January 20, S5S. 502; audited vouchers k99T
AZ; audited payrolls, 1891 773; accrued taxes not
due, $aSb8OS; mortgages real estate $50 Ola 1ue
improvements N6L ~; profit and loss surplus SIS
5OO703 total, $50, 529 701. w.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
EARNINGS IN THE SOUTH

Earnings in the South continue to break all past
records compared with the same time in pre-
ceding years. On Monday Louisville and Nashville
reported earnings for the second week in February
at an Increase 1899 of $4,000: Missouri Pacific
$4,000 and Norfolk and Western $lS4 900. South
Railways returns received yesterday
showing a gain in gross earnings of 1893 From
July gross earnings have increased So $50 over
the time in the year before when traffic re-
ceipts were largely in excess of 1897. The change
in industrial conditions in the South has not yet
found adequate Selection in the market value of
the Southern securities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
AMERICAN SECURITIES ABROAD.

London. Feb. 90 p. mon the Stock Exchange
to-day American railway shares steadily
upward from the start. with Norfolk and Western
stocks showing the strength. The Gle sing
firm and the demand light Last prices were:
Canadian Pacific. l01h: Erie, 1875: Erie st pre-
ferred, 5H5 Illinois Central III: Union Pacific pre-
ferred. 7Sls 81. Paul. 1851; Sew-York Central
1S7z; Pennsylvania. co. Reading. 9Ik Northern Pa
cifc preferred. 76A; Atchison, 2IEs: Louisville and
Nashville S45s; Grand Trunk, s2s and Ana
conda
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
Rankerg. posted retes were:

DOMESTIC EXCHANGE. - New-orleans Conn
rnercial e discount: bank, 81 premium San
Francisco-Sight. l5c; telegraph I7kc Cincinnati,
Between banks. 22xc discount; over the counter 6o
premium. Charleston-Buying, par: selling 10
premium Boston-l5c and 12izc discount Chicaeo-
Doc discount ST. Louis-2sc discount. Savannah
Buying. par; selling 81 per 1900.
BANK cLEARINGS. - New-York - Excbanees
sze,zss.36i balances, H.Z307. Baltimore-Er
sSAnges S.lSsizs; balances. ssSs.7s4. Boston-Ex-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
PENNSYLVANIA CAR TRUST.

The Pennsylvania Railroad Company has
Gently contracted for II, 900 freight cars. Of
which 1900 OF the pressed steel pattern. Most
of these have been delivered and the others will
be delivered within few days. To pay for them
trust of 100000 at 3ia per cent
thorized by the directors late las year. They will
be of ten series. and only 100000 have yet
been sold. 1t is expected that the certificates will
bring rar slightly above.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BoNDs.-Market strong Final
quotations follow:

RAILROAD BONDS.-Market firm. Total sales
amounted IN par value TO slSo10O0. against s2oi4-
500 on Monday The heaviest dealings were in
the AtchisOn issues. Baltimore and Ohio As Cen
trail Of Georgia IS. Central Pacific As Chesapeake
and Ohio 4izs, Chicago, Rock Island and Pa
cifc Is. Kansas City. Pittsburg and Gulf certif-
Gates. Missouri, Kansas and Texas lst 4s Norfolk
and Western Is. Northern Pacific IS. Reading gen.
eral Is. St. Louis and Iron Mountain IS, ST Louis
Southwestern lists and DDS Southern Pacific As
Union Pacific Is and Wabash debenture Bs
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21

changes s2l ST sos. balances s. see 1874 Chicago
Exchanges. s21, as,3f: balances. s21s5,74S
FOREIGN MONEY MARKET.-Call money In
London. 81 per cent Open market discount rate
for short bills, 37s per cent and for long bills. 9s
per cent Berlin discount rate. AS per cent Ber-
lin exchange London. 20 marks 5lla pfennigs:
Paris exchange on London, % francs 20 centimes.
Paris discount rate SA per cent.
FOREIGN SECURITIES.-Britis consols for
money, 100 1-16 for the account 100 1916; French
rentes. 100 francs e5 centimes Spanish As, 67h
THE SILVER MARKET.-Bar silver. $3.50. Mex
275ad.
GOLD PREMIUM.-In Madrid, 2a25; Lisbon Al;
Buenos Ayres. 1890: Rome, 7.27l6
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
THE LAcKAwANNA REPORT.

TIE report OF tie Delaware, Lackawanna and
Western Ra lroad for the year ended December 81
shows over 70 FER cent earned the stock the
surplus after per cent di dends being 81 6O7173,
compared with a deficit of 500 1916 in 1883. Wise
economies in operating the property were response
BILE for the increase in net earnings. The report
Is fuller. more com, rehensve and more interest
ing than any report before issued by the com
pany. Detailed figures for two years follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
JERSEY CENTRAL's REPORT

The Jersey Centrals report for the year ended
December 81 shows an increase in gross earnings
OF sz4V'sT and an increase in net earnings of 81
127. 2sl. After all payments there was left cash
surplus credited to profit and loss account OF sa57
Ss4- The report is. as usual lacking In all the de-
tails which are so necessary for a comprehensive
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
HONEY AND EXCHANGE.

MONEY RATES.-Money on call 2a2IS per cent
Time money. 4G4lz per cent for sixty Gays 4a4Jh
per for three. four and six months on rail-
road collateral Commercial paper per cent for
three months and 4IzG5 per cent for FOUR and six
months for the best names, and above for names
not so well known
FOREIGN Observation-Disclosures steady. Actual
closing rates follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
financial
THE AMERICAN STEEL AND WIRE co.
or NEM JERSEY. 80,

Or NEW to.sa
The Rookery. Chicago, III, January ~ tSsha
NOTICE Is hereby given 20 the holders "a ~
Common OF the American stee and W. s ssss.
pany. dividends aggrcgating per cent on
mon stock OF the Company have been dSSlas - Nsca
To the holders OF common stock Ok Ieool -6,ye
10Th. 1900. Ia per cent one-toutth o. rams
mentioned per cent?. payable April nj, 49,
fer books close March 18th. reopening Apfh JIM 18th
TO holders OF such common stock or recota I.et,sned
1900. Ia per cent tor Onefourth OF said ABOVE rss
per cent?. payable Joly End Transfer O'~'
June 18th. reopening july SRI - fTth
To holders stock OF recoru 7ep-,t,r
1900 IA per fourth q said above cooks
Z per cent? payable October &nd. lsNV- ATa'S'--
close Sept nth. reopening october Srd -. ina
To holders OF such common stock o. reSola .a.onei
1900 per cent tor fourth OF said ahoVe oss
per cent?. payable Jan 2 1901 Iransfsr W.
Dec lTth, 1900 reopening Jan lsvs serstar.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
SMALL MARKET CHANGES.
STOCK SPECULATION LIGHT
GOOD DEMAND FOR COAL IssUEs-RA1L-
ROAD REPORTS

Closing prices yesterday of the principal ac-
tive securities and net changes from Mondays
las were.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
FURTHER GAINS REPORTED.

Earnings received yesterday for the second week
in February showed the following gains over the
same week a year ago:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
THE FEDERAL TREASURY.
The daily Washington Treasury statement. COW
ering actual results of two days ago. compared with
the last preceding statement, is as follows:

Actl bal s296 454 e50 s295332 2l2 Dec s122o47
GOVERNMENT RECEIPTS.-C Customs receipts
reported from Washington 1861 986; internal reve
receipts $}72927; misce aneous receipts S403e5
Total receipts for the day, S0Sl 279 expenditures.
s390OO9 Receipts for the month to date. s 23 GOT;
expenditures. s2772009O excess of receipts $5l0O4
Receipts for the fs al year to. date. $64O?5 6S3;
expenditures $780, 651 S9 excess of receipts S333S)
524. Receipts Of National bank notes for redpmp
ton. 1901 ,0S7.
SUB-TREASURY.-The Sub-Treasury debt
at the Clearing House g6l9,49l. It's ret gain on
balance was $25,1gS. made up by loss in currency
of $SOs2l and gain in coin of SIG 100 Tie days
operations included: Receipts. &Sl5 OBS; payments,
s3779 SO resulting in general balance of 1925 $685..
762 consisting Of S2l6.757e99 coin and 500 O63 cur
TenCy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
COLORADO SPRINGS STOCKS.
Bid. Asked

Closing quotations on the Colorado Springs MIN
Ing Stock Exchange, furnished by William P Bon
bright 4 Co. of Colorado Springs:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
OTHER CITIES

"And interest
CHICAGO STOCKS.
FURNISHED by Walker Brothers No u Broadway
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
EXPORTS OF MERCHANDISE

Port OF New-York- 1909 1870 1900
From January hmm. 62i7e745 7I,sl0728 sl091e
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
BOSTON STOCKS.

FURNISHED BY p. L. Day Co.. No. Broad--t)
t. H.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21

High Low. Clos.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21

'And interest
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-02-21
CONSOLIDATED EXCHANGE SALES.

STOCKS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-30
OTHER MARKETsLBY TELEGRAPH.

OTHER MARkETS-B1 lEl-EIhAfh-
Cincinnati. 29-Hogs active and higher 50 Jog
S. 40 Cattle steady. S3qS5 10. Sheep firm 81 @e1so
Lambs strong. S44S1.
Chicago March $500 head; opened
and closed lower: best sale to-day cars
Kansas 50 u.s. good to prime native steers strong % a
lower. s5qS6 90; good medium steady 10 lug
lower S44S4 rs: selected feeders firm. Sfds4 80
stockers steady. SO +0S3 90 active ana seany
30: steady So 2Ogs4 49, slow SZ9sZ %
So o0ds4 25; calves steady 81 5o4s3 49,
ans. receipts 400 head best sale. 50 10; Texas
fed opened and closed easier % - ~
Texas bulls steady So 2odss 80 Hogs.Recepts today
head; estimated for tomorrow. 1900; left over
$500: averages fully loo higher top. 50 o2a hghes o
since October 1924; mixed and buehers e log
S. choice heavy, So 3o$3 522; rough heSE
IS 1OdS5 2 light IS 1885 40 bulk Of sales % 'gS 4o
lambs strong shade higher good 70 choice WetneIs
s5@S6 fair choice mixed. 81 $3.50 p western
sheep. So 75qS8 25 yearlngs sGas8 20; native taioS
SIS 6OGS7 50; Western lambs. s64sI So
Liberty. March 2o-cattie steady extra s. $50
actve prime mediums S. 45as5 so; heavy hogs s. 4Og
IS so: IS 35ds5 40. light do 50 2ogSo 80
pigs. 81 9OGs5 TO- rougAs 81 75gsi DO Sheep STEADY:
choice wethers 15ds6 80; SO 50Qs4 & choice
rmbs 81 35aS7 So common to good 50 'ogS' 20 veal
calves So 25GS5 10
East Buffalo n. Y. March 29.-Receipts of sale ana
through cattle sheep during the twenty -FOUR
hours to-day follows: cattle, z
cars sheep and lambs 10 hogs 70 cars
Cattle / car; sheep lambs. cars; hogs. II cars
Cate-Unchanged prices ruled barely steady Calves In
fair demand yesterdays figures Choice to extra
So 75as6 good choice s. 25@s5 So Sheep and lambs
In position moderate offerings fair demand lamps
choice extra s. 5ogs7 a. good to choes s ss I
mixed sheep SIS 25Gs6 close steady Hogs-Denand
active with market advance from opening HeaFg;
as5 % roughs 81 sOqs5; So 5O9s4 25 close full