New-York tribune., 1901-02-20
BONDS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING-London houses were not
active in the local market. Total operations for
foreign about 15,O00 shares, mostly
purchases
STOCK LOAN QUOTATIONS.-Loan quotations
We're: Atchson common and preferred. Chicago
Burlington and Quincy, Peoples Gas. General
Electric. New-York Central. Northern Pachc pre-
ferred. Reading 1st preferred, Rock Island Sugar.
Union Pacific common and preferred. American To-
bacco common. Continental Tobacco common
Brooklyn Rapid Transit United States Leather
preferred Tennessee Coal and Iron, Southern Rail-
way preferred Federal Steel common and Amer
lean Steel and Wire common. 2, Third Avenue,
Baltimore and Ohio common, Tin Plate preferred,
American Steel and Wire preferred and Smelling
common. fat: Missouri Pacific. Northwestern.
Northern Pacific common and Manhattan. III; St
Paul, and Louisville and Nashville. 1izG2 Della
and Hudson. /; Western Union. fatal. Den
yer common. LES National Steel preferred and
Smelling preferred. 1-64
ST. LOUIS AND SAN FRANCISCO.-Variou re-
ports connecting St. Louis and San Francisco with
Southwestern Railroad consolidation schemes have
heen denied. II is known. however. that strong
financial interests have bought the cOmpany's Sc
curities. Earnings show a surplus for the common
stock but dividend is expected AT present The
future OF this issue is bright. and holders who
bought n lower level viii doubtless be able 20
a better price than that current II they
wish 10 sell II is reported that through
between ST Louis and Kansas City and
East Texas is TO be built 70 Gimer by ST. Louis
and San Francisco The Gulf. Beaumont and
Santa Fe which Is owned and operated by the
CUT Colorado and Santa Fe. will be built a
connection with this extension. A route VIII
thus be opened which will shorten by hundred
miles the distance between Kansas city and Gal
weston.
SOUTHWESTERN STOCKS.-There was consId-
erable liquidation in Missouri Pacific. Texas and
Pacific and Missouri. Kansas and Texas issues
The buying appeared 10 be good Talk OF a South
western railroad combination has quieted down
but # NAV be said that negotiations are under way
which WI improve The position OF al! southwestern
cordiug 10 the belief in Well Informed circles
within sixty Gays
STEEL sHAREs-The common shares Of the
steel and iron companies. except National Tube
wc-e again under selling pressure Tube was
strong the report that il would receive espe-
c.ally favorable terms in the steel deal Good buy
Ing was reported in all the steel shares the
tionaI Tube diTectors Se,Iaged The rceer oarterIy
S.tit,t - "a - -, - - Hl. -
see coal and Iron was sold on the theory that by
the company's output would be seriously reduced
COLORADO AND SOUTHERN.-The president
OF the Colorado and Southern is quoted as saying
not under way for the absorption OF the Colorado
and southern by any other road. The company
The stock Will have be purchased before the road
can be dominated by new interests
ROCK ISLAND DIVIDEND-A Chicago report
says It Is believed in financial circles at that
centre that the next quarterly dividend on Rock
t % az d rate 70 MAKE per cent for the
per basis. but there is no oriciai warrant
for the report that the rate will be raised
COAL STOCKS.-The Reading issues were weak
features. the decline being helped by fear Of labor
trouble at the mines. Stop orders were caught and
a good deal OF long stock came out. The Erie
issues were tdtry We'll supported. but the refusal
OF the courts 70 interfere in the Pennsylvania coal
declined realizing sales
DELAWARE. LACKAWANNA AND WESTERN
ANNUAL MEETfNG.-The annual meeting OF the
stockholders OF the Delaware. Lackawanna and
Western Railroad Company. held yesterday. re-
suited in the reelection OF the retiring officers and
board OF managers. The Board Of Managers will
meet next week for organization. No financial
statement for the last fiscal year was made public
and none probably Will be made until the rrieetir Q.
Of the managers next week.
ELECTED DIRECTORS.-The following have
been elected directors Of the Lawyers Incorpora-
tion Company. Albert Sprague Bard George w
Hand. Thomas Jewett HaIlowelI Charles p How
land Lewis $ Haslam, BoudInot Keith Frederick
Moses. Walter T. Rosen Winthrop E Dwight S
Parker Nevin and James Westervelt
SILVER EXPORTS.-The steamship ST Louis
sailing for. Europe to-day, will take out s71.o 600
osnces of silver. shipped by NJ Guggenheinn's sons
TO BE CLOSED ON SATURDAY-The Govern
ing Committee of the Stock Exchange at a special
session yesterday decided To accede 10 the unani-
nous request Of the members made ~ a floor
meeting Monday. that the Exchange be closed
on saturday. the day after Washington's Birth
day \ petition 10 the same effect denied hI
the Governing Committee last Wednesday The
announcement that the extra holiday would be
granted was received with cheers in the Board
PENNSYLVANIA TRUST CERTIFICATES
The subscription books for the Sl0OO0c00 Pennsvl-
vania Company guaranteed 81. per cent series b
oCac Tgss eestGaes st s5 , win oPen this morning
close az O'Clock or earlier to-day.