New-York tribune., 1901-03-21
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London prices were firm.
and foreign houses were moderate buyers in the
local market in the early dealings. Before the
close, however. arbitrage houses sold 10000 shares
balance. Erie heavily sold for London
account
STOCK LOAN QUOTATIONS-Loan quotations
We're: Atchison common. General Electric New
York Central, Northwestern. Northern Pacific COM
mon. Tennessee Coal and Iron Louisville and
Nashville and Baltimore and Ohio common .;
AtchisOn preferred. Chicago Burlington and
Quincy, Northern Pacific preferred Reading first
preferred Rock Island, ST. Paul, Sugar, Union Pa
chc common and preferred. American Tobacco
common, Continental Tobacco common, United
States Leather preferred Brooklyn Rapid Transit,
Southern Railway preferred. Southern Pacific Fed
eral Steel common and American Steel and Wire
common. 2I4; Third Avenue, American Steel and
Wire preferred and Smelling preferred fiat: Mis-
souri, Pacific. Delaware and Hudson Western Union
and Smelling common. III; Manhattan. 2q2l5; Fed
eral Steel preferred. fiat: Peoples Gas ~
ARRANGEMENTS FOR EXCHANGE. - Ar
rangements have been made whereby one share of
the common stock of Kansas City. Fort Scott and
Memphis will he given for six shares of the
stock of the Current River Railroad Company
on or before April Is Also. share of the Fort
Scott stock will he for six shares Of Kansas
City; clinton and Springfield Railway Company
PACIFIC SHARES-Run pool operations were
reported in Southern Pacific. This stock will it
IS heheved prove for patient holders a second
FIRST time in many years Union Pacific was
heavy on realizing sales. but higher prices were
HEAVY ORDERS FOR CARS-The American
Car and Foundry Company has received large
orders for from Spain and France, in addition
TO enormous orders from railroads in this country
Al the present time the company has building in
us various shops 10000 cars. representing a total
for passenger coaches are reported. The fire
In the company's works at St. Louis insg
NORTHERN PACIFIC.-Early strength in North
Pacific due buying based upon reports
that the preferred stock would be retired. London
purchases induced the belief that reports about the
preferred stock had some foundation in fact The
president Of the company said. however. that he
knew nothing Of this report or the one put out on
Monday regarding an alleged sale of Northern Pa
HOLDINGS OF MEXICAN CENTRAL.-The
largest individual owner Of Mexican Central stock
s Sir Ernest Ca7seI. OF London, who owns $4,000
shares. The Letter estate. of Chicago owns about
1900 shares and the Paine estate. Of Boston, 25O0O
shares. The books of the company show that of
the $4,000 shares one-thrd is held by New York
count. however, does not show the books
yet, and 1t is generally believed that enough of the
control OF the company in New-Yo The recent
co. not In the interest OF the Southern Pacific,
although eventually the Southern Pacific may con-
troll Mexican National
MANHATTAN AND RUSSELL SAGE.-The re-
port that Mr. Sage has sold his holdings of Man
haitian stock is denied. Mr.. Sage believes in Man
offer for his stock
THE STEEL SHARES-A leading director in
bf the large steel companies says that he looks
for greater activity and higher prices for the
United States Steel Corporation shares 1t Is said
that bankers who recently refused to accept the
securities of the old companies collateral are
now taking the United States Steel issues without
hestancy Good buying was reported in all the
steel issues yesterday, especially I'm Federal Steel
preferred, which crossed par for the first time in
its history.
REPORTED PRICE FOR EXCHANGE SEAT
In, oil hat
on the New York Stock Exchange had changed
hands for $50 600 exclusive of the $1,000 initiation
fee The report could not he confirmed at the of
flee of the exchange. If it he true, the price paid
Is the highest yet secured. s5l5 being the last
ord figure.
UNION TYPEWRITER COMPANY.-The Union
Typewriter COm~any yesterday declared n semi an
nual dividend of 3l2 per cent its first preferred
stock. amounting to $4,000; semi-annual dividend
OF per cent its second preferred stock amount
ing to $60,600 and extra per cent dividend on
its second preferred stock amounting to SS2l 200 all
payable to stockholders April l. Books close
March 81 and reopen April /. The annual meeting
the stockholders resulted in the reelection of the
ret Board Directors