New-York tribune., 1900-11-20
Wall STREET AND EXCHANGES.

y
FOREIGN TRADIEG-London bought at tn
opening but turned seller before the end OF th
first hour. The heaviest sales were in Ontario an'
| Western and AtchisOn preferred Total sac
! amounted to upward of so 600 shares
! STOCK LOAN QTOTATIONS-Loan quotations
| were: Atchson common s. Chicago Burlington
and Quincy Northern Pacific common and Wes'
! ern Union. p Atchison preferred. General Flee
! trc. Missouri Pacific. Ne WORK Central Nor'h
western. Northern Pacific preferred. Reading hrS
preferred Rock Island. ST Paul. Sugar. Unier
I Pacific common ana preferred American Tooacc'
common. Continental Tobacco common and pre-
| ferred Manhattan. United States Leather pre-
ferred Brooklyn Rapid Transit Delaware ana
! Hudson, Tennessee Coal and Iron, Southern Ran
! way preferred Louisville and Nashville and BaIti'
more and Ohio common 31a Federal Steel com
mon and American Steel and Wire common 3l2H l.
GENERAL CARRIAGE.-General Carriage con-
| tinues active feature Of the outside market
Offerings OF the stock have been readily taken and
the price has advanced. Although the company Is
adding as rapidly possible to its equipment II Is
able to keep up with the demand upon II for
vehicles. Additional contracts for automobile ser
vice in connection with railroads reaching New
York under negotiation.
UNION PACIFIC.-Union Pacific bought for
foreign and local account in large amounts. The
preferred also in excellent demand. and care
full market judges were bullish this issue. While
the common has advanced sixteen points in the
last two months the preferred has gone up only
ten points The preferred stock is good as a
bond and it is manifestly cheap at It's current
price The per cent bonds sell ar 10s, and the
preferred stock should sell above 90
SUGAR REFININC.-Sugar Refining bulls say
that the stock. despite the advance already record
ed. Is Just starting It's upward course, Doubt
less this will up with the general market.
but il should not be bought on the expectation
that the company will go back 10 the u per cent
basis at the dividend period Interests that
bought below 12o believe they will 140 for their
holdings
PEOPLES GAS-strong local interests bought
Peoples Gas, while Chicago sold Chicago shorts
may wake UP some day and find all the available
Peoples Gas stock held by New-York bulls. This
is probability that Chicago will do well to con-
slider. Peoples Gas at 12s in 1899 was not consd-
cred dear for a per cent stock Around ruling
prices 1t Is a great investment bargain.
SOUTHERN RAILWAY.-The progress OF the
Southern Railway in the last few years has been
a noteworthy feature Of railroad development In
the United States. The preferred stock yields
over per cent the present basis. and as the
prospects favor increase in the dividend rate 1t
is quite generally believed that the market value
is entitled appreciable advance.
"MOODY'S SMANUAL."-"Moodys Manual OF In
dustrial and Miscellaneous Securities is the title
Of volume Just issued by the c. c. Lewis Com
pany Of No WaIl-st. As its name indicates, II
Is reference volume for use among bankers.
brokers financial institutions and investors gen
orally. The information comprised within ITS pages
Is the result Of the first systematic attempt TO
gather
financial data OF American industrial corporations
II is a book Of great merit
RECORD TRADING-Trading in the first hour
Of business broke all records for corresponding
period Operations involving large share lots were
common but heavy profit sales prevented wide
openings
KEENE BUYING-Keene brokers the
heaviest buyers Of Pennsylvania It is understood
that Mr. Keene is extremely bullish this stock
and that he has accumulated large line to hold
for a materially higher price
COMMISSION HOUSES.-Commission houses had
heavy buying orders the reaction. and leading
brokers said that they were we'll supplied with
orders to buy on a scale down on any decline.
Western houses bought American Steel and Wire
AMERICAN GRAPHOPHONE. - The regular
quarterly dividend will be paid on the common
capital stock of the American Graphophone Com
pany December Is to stockholders of record
December /
COLORADO FUEL AND IRoN-Colorado Fuel
and Iron stock advanced at the opening buying
induced by the declaration Of the last OF the ac-
crued dividends on the preferred stock. The COM
mon stock has good prospects, and 1t is believed
that 1t will sell much higher
NORFOLK AND Observation-Disclosures of the
Norfolk and Western Company for the second
week in November show increa.e of s25 on over
the same week last year. From July the increase
has been $77699S The common stock was we'll
bought yesterday.
KINGS COUNTY ELECTRIC ;otice has been
given by the Kings Count- Electric Light and
Power Company Of its intention issue $4,000
dn par value) additional capital stock
BROOKLYN RAPID TRANSIT-Strength in
Brooklyn Rapid Transit stock due to buying
by we'll informed operators and to the reports Of
heavy and permanent reductions in operating ex-
penses.
METROPOLITAN RAILw a Y-Metropolitan
Street Railway stock made a gain of "a. points
Inside buying was reported
GENERAL ELECTRIC.-GeneraI Electric ad-
vanced points gaming Al points There were
no developments affecting the stock
RIO GRANDE WESTERN.-Rio Cirande Western
opened 81, against IS. the last preceding sale
closing a gain Of 70 points Purchases were
small and appeared to be due a better ap-
probation the value Of the stock
STANDARD OIL RECORD-Standard Oil stock
made new high record yesterday. selling at 40
dividend.
AMERICAN LTNSEED -Linseed securities suf-
fered sharp declines under hear pressure and fur
ther liquidation.
GENERAL CHEMICAL DIVIDEND. The Cen
eral Chemical Company OF No. % Liberty-st. has
declared its quarterly dividend of per cent pay
able on December
THOMPSON. CRAWFORD & CRAWFORD offer
for sale s5o0oo Consolidated Gas Company Of Bal
tirnore consolidated first mortgage : per cent gold
bonds due July l. 1879 They state that the net earn
ings exceed double the interest charge on bonded
debt
RIVERS AND SETTEPS