New-York tribune., 1901-01-10


common, 4d4l2 Western Union. Illinois Central.
Erie common. g. Amalgamated Copper. ~; Erie
1st and I'd preferred 3d4
MORTON TRUST COMPANY.-Morton Trust
Company stock sold at auction yesterday at S79,
against 52514 the last preceding sale week ago
and 475 three weeks ago. The company has mace
rapid progress in the first year of its existence.
deposits standing at nearly sS4OOOOcO The
last statement showed among the assets S2O,Oil'tD
in loans secured by colaterals s.O6O.OO in United
States bonds. s.. .625,975 in New-York City bonds'
s4153,222 in other securities and $65l'4Sl IN cash'
Undivided profits on December 81 were N'S4o'zOs'
COLORADO FUEI,AN IRON COMPANY-Itt is
reported the directors of the Colorado Fuel and
Iron Company. at their meeting on January To- VIII
declare the full per dividend on the preferred
stock to pave the way for dividends on the common
stock 1t only requires additional $4,000 to anttci-
pa the full years dividend on the preferred STOCK
LOUISVILLE AND NASHVILLE. - Louisville
and Nashville stock bought on the belief that
dividend will be raised to per cent basis at
to-day's meeting of the directors.
MISSOURI PACIFIC.-The bull pool in Missouri
Pacific caused further damage in the bear camp
The stock advanced five points All the Gould
shares strong Western Union showing
marked strength for the first time in many months.
Large buying Of Missouri Pacific by Vermilye
Co was feature This buying said to he for
investment account.
UNION PACIFIC.-Buyfng of Union Pacific stock
in the last few days has added many shares to the
lines of insiders. 1t is reported in certain quarters
that Vanderbilt deal involving New-York Cen
trail Northwest and Union Pacific, Is under way
Foreign houses sold Union Pacific on the advance
SUGAR REFINING-The buying in Sugar was
called good. Mr. Havemeyer said yesterday. when
asked If there a sugar war in existence, that
prices did indicate II. He also said that the
company had lost no trade by the sugar compe-
ttion. and that the American Sugar Refining Com
pany would pay dividends irrespective of outsiders.
WABASH.-A director of Wabash in speaking
of the remarkable activity and strength In the
roads securities, said that proposition had come
before the Board looking toward the consolidation
OF Wabash with some other system He would not
be surprised however. if the announcement We're
made any time that outside interests had ac-
quired large blocks of the stock
PACIFIC COAST DIVIDENDS-The directors of
the Pacific Coast Company have declared the regu-
lar quarterly dividends OF Ia per cent the first
preferred per cent on the second preferred and
per cent the common stock.
NORTHERN PACIFIC DIVIDEND.-The df-
rectors of the Northern Pacific have declared the
regular quarterly dividend of per the
preferred stock
SOUTHERN PACIFICS NEW COAST LINE
An important enterprise in the railroad world is
the construction of the coast line of the South
ern Pacific Company. between Los Angeles and San
Francisco which, 1t is expected will be ready for
service within short time The line has been
under construction for many years. progress being
$40" because OF lnc hetlNE tunfel Work required.
The passenger schedule. so far completed, pro-
vides that the night express shall leave San Frau-
cisco at p arriving at Los Angeles at l2:9O
noon OF the next day. In the opposite direction
the train will leave Los Angeles at ? p. m and
arrive in San Francisco at 730 a. These trains
will carry through sleepers and baggage. The day
trains will be follows: Leave San Francisco
$40 m. arrive Los Angeles 1O:45 p m; leaves
Los Angeles 7;30 a. arrive San Francisco 145
p. These day trains will be fully vesti-
btrIaI will b,,,-o 1T,Ir
will be provided with a large kitchen suitable for
preparing any kind or meals. excepting possibly
roasts. Pullman parlor Will also be
tached TO each train The morning trains from
San Francisco Will have connection through to
Monterey. The n"rthbound train will connect at
Castroville with "A local train, arrive Mon
terey and Pacific Grove about $50 p. m. local
train will furnish these connections. The
vice will not materially affect the time OF the
trains 10y the Bakersfield route. The route
runs through the principal resorts OF Cali
forna. and will bring the passenger into San Fran
cisco without any water transfers. The last rail
connection the line recently made
Cementoria Canyon
OFFER OF BONDS-Redmond Kerr < Co. in
conjunction with Lee. Higginson & Co. of Boston
offer by subscription $i5OoOOO Indiana, Illinois
Iowa Railroad Companys first mortgage per cent
gold bonds. bearing semi-annua interest. and due
on July J. 1850. The Illinois Trust and Savings
Bank. Of Chicago. Is the trustee. The bonds are
which
been called for payment at 10 and 70 pay for ex-
tensions OF the line already completed. The bonds
offered at 97l2 and accrued interest. Payment
is to be made follows: Two and ne-haIf per
cent allotment and 90 per cent and accrued in
terest on delivery Of the interim certificates The
right Is reserved reject any application or To
alot smaller amounts than applied for The
Indiana Illinois and Iowa Railroad Company now
paying regular dividends of per per annum
In the fiscal year ended June 30 1900 earnings
applicable to interest amounted To S4256Sq against
500 j72 In the previous year. The earnings for
four months TO October 81, 1900 show an increase
at the OF $50 current year. making
profit applicable interest $575.OI0, while
the entire interest charges will only
Slso,O0 The bonds offered secured by first
and only lien upon the entire property of the
pany now owned or hereafter acquired The total
| naming after the N,5OOOo present issue is he
property for extensions for improvements
| under rigid restrictions in the mortgage The sub
scription books will open at 10 a. January l6
and close at p. earlier, the same day.
COFFEE EXCHANGE NOMINATIONS. - The
following ticket is to be voted on at the annual
election of the New-York Coffee Exchange. which
takes place to-day; For president /. VI. Taylor.
vice-presdent p. r. O'Sullivan treasurer. !. ~.
Kirby: Board Of Managers. J. n. Labaree. J. =.
Russell George Gravenhorst. William Bayne. jr..
" J. Ruttield and q, A. Jahn. Mr.. Buttfeld rep
resents the tea trade. which now does business
the Exchange