New-York tribune., 1901-01-05
WALL STREET AND EXCHANGES.


lower. and foreign houses again sold in the
local market. Arbitrage sales amounted to about
1900 shares
STOCK LOAN QUOTATIoNS.-Lcan quotations
were: Atchson common. Northwestern, Erie com
mon and lst preferred. 4; Atchson preferred. Chi
cago Burlington and Quincy. Missouri Pacific.
New-York Central. Northern Pacific common and
preferred. Reading 1st preferred. Rock Island.
Union Pacific common and preferred Manhattan.
Delaware and Hudson. Southern Railway pre-
ferred Louisville and Nashville. Baltimore and
Ohio common Pacific Mail. 4Gl41a: Peoples Gas.
Sugar. American Tobacco common. Continental
Tobacco common. United States Leather preferred.
Brooklyn Rapid Transit. Tennessee Coal and Iron.
Federal Steel common American Steel and Wire
common. Amalgamated Copper. az: St Paul.
fatal: Western Union. Illinois Central Erie Cd
preferred. 3.
ST. PAUI.-Chcago. Milwaukee and 81. Paul
crossed 15s In yesterdays trading on heavy cover
ing OF shorts and further Hill-Morgan-Rockefell
buying The report was put out and received sup
port that Mr.. Hill would become chairman OF the
ST. Paul Board OF Directors. A great many shorts
badly caught IN the stock yesterday. as short
lines placed Thursday IN the belief that
the bull movement the stock was over. Some
thing approaching corner was found 70 exist in
the stock. The advance was started by purchases
of 5000 shares by w. S. Gurnee & Co. z. La Mon
taZne bought 10000; w. S. Gurnee & Co, 10000:
Bell & Co. 10000: A A. Housmsn & Co., 1900.
and J. s. Bache. 10000 Some OF these buyers
bought the stock on belief In a report that the
road will be leased the Great Northern on
guarantee dividends OF per cent for three years
and per cent thereafter. In the early dealings
Strong Sturgis & Co. sold 1900 shares. block
OF 1900 shares changing hands 1851 and estab-
fishing a record for the heaviest single sale at one
price made on the Stock Exchange
COLORADO AND sOUTHERN.-The decrease OF
s62.54s in Colorado and Southern earnings for
the five months ending November 80, 1900. has been
caused by the large sums OF money which have been
put into the maintenance OF road and equipment.
THE COAL SHARES.-Delaware and Hudson
made a big advance buying said 10 represent In
side account. The stock pays per cent. and Wall
Street appears 70 believe that the rate for 1901 will
be per cent. Jersey Central went 10 154l4 and
heavy dealings marked the upward OF the
Reading issues. which were again bought by Was
serman Brothers. II Is believed that further i'm
portant developments in the coal situation will
come to light.
MISSOURI PACIFIC-Missouri Pacific advanced
over points heavy buying by Butler Brothers
and other firms. Earnings OF the company for the
last week In December increased $4,000. making
gain of $4,000 for the month.
NORTHERN PACIFIC.-Northern Pacific COM
mon crossed the preferred In yesterdays market
and both stocks closed at S. the common gaining
Ga points and the preferred 21a points.
INTERNATIONAL PAPER.-The International
Paper Company earned In the last calendar year
between 81 100000 and 1900 coo in excess of dividends
the preferred stock. An officer of the company
says that the policy of the company ia TO continue
20 put surplus earnings INTO betterments
TENNESSEE COAL AND IRON-Tennesses
Coal and Iron stock not I'm demand from people
who know what the next dividend will be II does
rot seem probable that the company will be able to
maintain the extravagant rate established last
year.
SILVER EXPORTS.-Steamers sailing for Europe
to-day will $50 600 ounces of silver shipped
by the United Metals Selling Company
THE STEEL STOCKS-western houses were
heavy sellers of the Steel stocks but excellent buy
ing from local interests reported. Federal
Steel common In good demand on dividend
prospects.
LOUISVILLE AND DNASIVILLE.-LouisvilIe and
Nashville IS being bought the expectation of a 3
per cent basis for the stock.
AMERICAN CAR AND FOUNDRY,-The net
earnings OF the American Car and Foundry Com
pany for nine months ending November So 1900
A.19s 22i2.
DIVIDENDS DECLARED.-Th directors OF the
American Tin Plate Company have declared the
regular quarterly dividend of 1as per cent on the
preferred stock. The directors of the American
Steel Hoop Company have declared the regular
quarterly dividend of ia per cent the preferred
stock,