New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-10-20
WALL STREET AND E1CHANGES


balance in the local market. London prices were
weak at the opening, but stronger at the close
Arbtrage houses continued to sell here after the
close of the London market. total sales for the
day amounting to about 10000 shares. Foreign
houses bought little Ontario and Western.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common, Chicago, Burlington and
Quincy, New-York Central United States Leather
preferred and Baltimore and Ohio common. 81 per
cent; Atchison preferred Missouri Pacific, Reading
first preferred Rock Island, st. Paul, Union Pacific
common and preferred Continental Tobacco COM
mon, American Tobacco common, Manhattan
Brooklyn Rapid Transit. Tennessee Coal and Iron
Southern Railway preferred, Federal Steel
mon and American Steel and Wire common 21&63;
Peoples Gas and Sugar Refining. 81 Northwestern
Northern Pacific common and Western Union 1
Northern Pacific preferred. Delaware and Hudson
and Ontario and Western 2; Louisville and Nash
vile 2Ed3.
ATCHISON IsSUES-Atchison issues were in
good demand from strong class of buyers. Clarke
Dodge & Co bought 1900 shares of the preferred
and w L. Stow & Co. took 900 shares of the COM
mon. Housman & Co. were also active buyers of
the preferred. Keene brokers were active In the
common. and 1 per cent dividend in December
was talked of The common sold at it's highest
price record
FEDERAL STEEL-FederaI Steel was again a
strong feature on buying for inside account.
Flower interests active buyers, and people
who always buy cheap and sell dear the stock.
The company is doing a big business at current
is no chance of dividend of per cent not being
paid the common stock at the end of the year.
NETWORK CENTRAL.-Good buying continued
in New-York Central, and Vanderbilt interests
said to be buyers elsewhere in the list Very little
Vanderbilt stock was offered for sale. Nickel
Plate issues again active inside buying.
1t is thought that the heavy earnings of the
pany will warrant a dividend the second pre-
ferred stock before many months
PEOPLES GAS.-People's Gas was sold for Chi
account and for local interests active in the
recent rise. Housman & Co. bought. Ladenburg.
Thalmann & Co. among the sellers. Peoples
Gas has risen about II points in the last few weeks
and heavy profit taking sales are now being made.
The good news the stock is all out, but insiders
believe that if the general market continues strong
Peoples Gas will cross par.
NORFOLK AND WESTERN.-The advance in
Norfolk and Western is due TO continued heavy
earnings and the expectation that a dividend will
be declared. For the second week In October the
company's earnings increased over the same time
last year $50 900. The company has improved its
facilities for handling coal. and its receipts from
this heavy. The road will have a new
source of revenue in the proposed steamship COM
pauy which will transport coal Europe from
Newport News and Norfolk.
LAKE ERIE AND WESTERN.-The prospects
of Lake Erie and Western becoming an integral
part of the Vanderbilt system and continued heavy
earnings have led strength and higher prices
for the securities of the company The common
stock will not it is said receive any dividend this
II is the present intention OF the manage
ment to put all surplus earnings into the property
NEUTRALITY-SUSPICIOUS. a conspicuous
feature throughout the day, and pool said
to be at work in the stock for par. There is very
little of the stock the Street. and insiders
apparently absorbing all they at ruling
prices. In some quarters 100 is predicted for this
issue II. B. Hollins & Co. and Wasserman Broth
ers were heavy buyers.
MISSOURI PACIFIC Russell Sage said yester-
day:
Missouri Pacific earnings more than salts
factory the outlook for the future of the road
is excellent Earnings which showed at the end of
the first half year about per cent earned on the
stock will show better increase when the
earnings for the entire year in. The directors
have not discussed the dividend matter, and will
hardly consider it for time yet
STANDARD OIL STOCKS.-Araconda was IA
strong feature and all the Standard Oil speciaItias
were higher Strength in these issues created the
impression Standard Oil interests were in the
market Northern Pacific bought by Standard
Oil brokers.
AMERICAN WOOLLEN GOODS.-Strength in
American Woollen Goods stock was the fea ture of
the outside market. The sharp advance at
tributed TO the limited offerings at time when the
demand for the stock heavy. The business
of the company is said to be heavy.
NO EXTRA GAS DIVIDEND-One of the Oldest
and most active directors of the Consolidated Gas
Company Yesterday denied the truth OF the report
that the company intends to declare extra div
stockholders for their losses during the gas war.