New-York tribune., 1901-02-28

were: Atchison common Northern Pacific common
Manhattan. IL; Atchison preferred. Chicago Bur
Ifngton and Quincy, Peoples Gas, General Eiec-
tric Northern Pacific preferred. Reading first pre-
ferred Rock Island. Sugar. Union Pacific COM
mon and preferred American Tobacco cohnioi'
Continental Tobacco common, United o.a'eS
Leather preferred. Brooklyn Rapid Transit. ZEN
nessee Coal and Iron. Southern Railway prelerrea'
Southern Pacific. Federal Steel common and Aiheri-
can Steel and Wire common. 2: Third Avenue Feu-
eraI Steel preferred and American Steer anu "Ho
preferred. fat Missouri Pacinc ana "es'et
Union fatal New-York Central NorthWestern'
ST. Paul and Louisville and Nashville, 1aq2; Della
ware and Hudson. Baltimore and Ohio common
and Smelling common l; Smelling preferred LOT
MARKET VALUE OF NEW STEEL SHARES
The market value of the preferred stocks of the
con,nanies exclusive of the Carnegie company TO
be included in the steel combination amounts
so03 900 COO In place of these shares there
will be issued in preferred stock about SZoo'-
OcO.oOO To get the approximate market valuation
of preferred stock, divide the market value
of the existing stocks by the amount of new pre-
ferred. which will work out about 81 On the same
basis the common would be worth about So
SOUTHWESTERN SHARES.-Prosperity in the
Southwest appears be of permanent character.
Railroad earnings continue heavy. third week re-
turns showing an increase OF sH,570 by the st.
Louis Southwestern s51.5So by the Texas and Pa
cifc. s73 900 by the Missouri Pacific and s71,71 by
the Missouri Kansas and Texas. The ST. Louis
Southwestern directors will soon meet to take
ton the dividend question affecting the pre-
ferred stock
BROOKLYN. RAPID TRANSIT.-Traders sold
''B. r. T." stock. but sales were we'll taken Cur
rent pressure against the stock due to the jan
uary statement, which showed a falling off in net
earnings. The settlement of accident claims was
responsible for the reduction. Insiders are buying
the stock on all declines. and in we'll informed cir
cles there is no dimnuton in bullish sentiment
garding the future of the company's securities.
PROMINENT ADVANCES.-Sugar Refining ad-
vanced points; Delaware and Hudson, 2 points:
Chicago, Indianapolis and Louisville, 29s points;
General Electric, pa points. and Pullman 212
points. Sugar Rehning's advance was accompanied
by reports Of increased dividend rate but the
advance was probably due manipulation alone
1t was reported that Chicago indianapolis and
Louisville would he absorbed by Louisville and
Nashville
BCRLINGTON'S FUTCRE.-A Boston interest
we'll informed Burlington affairs says that the
chances favor the election of several New-Yort
men as directors. Holdings of Burlington in this
city are larger than recorded. and It is
tally disappearing
ADMITTED TO DEALINGS The Stock Ex-
change announces the admission quotation in the
unlisted department of contracts in Union Pacific
first lien convertible per gold bonds Of 1911
IF, when and issued; also trust receipts for
Mobile and Ohio stock and per cent mortgage
bonds
WABASH EARNINGS-Gross earnings of the
wabash system for January show an increase of
So4'lN and net earnings increase of SIS 500.
Net earnings for seven months Of the fiscal year
are So92.671. an increase Of 1868 3s5.