New-York tribune., 1900-11-10
WALL STREET AND EXCHANGES.

FORElGN JRADlNG.-London again sold stocks
in the local market, putting out upward of 75O9O
shares. Arbitrage houses estimate that foreign
sales have been 100000 shares In the last three
days.
STOCK LOAN QUOTATIONS-Loan quotations
were Atchison common, Missouri Pacific New
York Central. Reading first preferred Rock Island,
st. Paul, Union Pacific common and preferred,
Southern Railway and Baltimore and Ohio common,
per cent; Atchison preferred. Peoples Gas. Sugar
Refining American Tobacco common. Manhattan.
Brooklyn Rapid Transit. Federal Steel common and
American Steel and Wire common. 3+a; Chicago.
Burlington and Quincy. to fiat; Northern Pacific
common nat; Tennessee Coal and Iron. BASH;
Western Union 2; Louisville and Nashville. to
nat.
AMERICAN CAR AND FOUNDRY.-ActivIty in
American Car and Foundry common due to
report that the stock would be placed upon per
cent dividend basis as against at present II
may be stated on authority that the intentions OF
the directors the moment are not in favor OF an
increase in the dividend 1t Is therefore safe
to say that the -next dividend the common will
be more than ,ope-half OF per cent
THE STEEL. STOCKS.-The steel stocks were
strong features especially Tennessee Coal and
Iron American Steel and Wire and Federal Steel.
In spite OF den!als believed in the room that
the steel manufacturers had arrived at a salts
factory understanding involving advance in
prices. Federal Steel bought for inside
count. and l0.G0 shares OF American Steel and
Wire bought by Van Emburgh & Atterbury were
supposed to be for the account Of John w. Gates
TRACTION SHARES.-The local traction shares
were strong on heavy buying by commercial houses.
''B r. r" was in active demand from inside in
terests and Manhattan appeared to be taken for
Tammany account, Traders bought the traction
and Consolidated Gas the theory that there
would he important notifications OF the Franchise
Tax law at the next session OF the Legislature.
COMMISSION HOUSE SENTIMENT-Sentimen
in commission houses was intensely bullish and
buyers willing to put up heavy margins on all
purchases. Flower & Co. were heavy buyers for
substantial interests. and all the houses that trade
for the of wealth active the bull side.
Keenc brokers bid up stocks around the room. and
Chicago and Boston houses were buyers. a tip to
buy Missouri Pacific heard In commission
house circles also Manhattan. which is said TO be
way to 12O. Public buying so heavy that
professional traders admitted that the public
troled market.
HEAVY ADVANCES.-The leading advances in
yesterdays market made by American Ex-
press which advanced 424 points; American Hoop.
2% points, American Steel and Wire. points, Chi
and Eastern Illinois. 312 points Consolidated
Gas 3A points: Glucose 2% points; Manhattan
Beach points; National Lead preferred, 27s points;
National Steel 212 points National Tube, 27s points:
New-York, Chicago and St Louis first preferred
points Pacific Coast first preferred points; Pere
Marquette points. and Tennessee Coal and Iron.
3h points.
RECORDS BROKEN.-Dealings in yesterdays
market In the first three hours OF trading
larger than before recorded for a correspond
Ing time while total transactions for the day
exceeded only by the record OF January % and
June 26 1899. when 15721s4 and 1926 900 shares
spectively. dealt in. The total dealings yes
terday ,135 shares. Many railroad stocks
made new high records. There were 173 different
issues dealt In.
MOST ACTIVE ISSUES.-American Sugar Rehn-
ing and Reading first preferred the most
actively dealt in stocks. transactions in the first
named amounting TO 800 shares and In Reading
to over 10000 shares The gain in each stock
was IL per cent. 1t reported that a Consol-
idated Exchange plunger had been badly hurt in the
advance in Sugar.
ST PAUL'S EARNINGS.-The Chicago. MIL
waukee and st. Paul reports gross earnings for
the first week in November at SS2625S decrease OF
H4263S from the same week year ago
STANDARD OIL.-Standard OIL made new high
record. selling 66O and closing at 655Q66O. Very
little stock for sale
KNICKERBOCKER TRUST CHANGES.-Alfred
T. Maclay has resigned secretary and treasurer
of the Knickerbocker Trust Company and his place
has been filled by the appointment of Frederick
Gore King julien NJ Gerard made assistant
secretary and treasurer Mr.. Macay does not sever
his connection with the company. having been
a,ac+ad q member OF the Board of Directors
n HARTMAN ELECTED DIRECTOR
= II Hartman yesterday elected a director
~ the Pacific Mail Steamship Company.