New-York tribune., 1901-12-08
WALL. STREET AND EXCHANGES

fofN t-oas a,d arbitrage houses did little IN
the local market. Iotal oediiAs'
shares mostly sales. ,,,r, r,aciAc
I'll s,,n,ortad and sales taken for pool
o,,+ Chicago was heavy seller OF Sl' raui
Union Pacific and Peoples Gas Inc tta, holu
shares were bought by insiders; also ni'Nlo
and Brooklyn Rapid Transit. scale puylis u
Analeamated Copper for Boston account was
norted New-York Central declined aoou. 60 60
1oin+s American Locomotive and American Cdi
and Foundry issues were compaia'iot' ,nn
Union Pacific went under par, Out closeu "
Commission houses were heavy sehels pu -
offernrs seemed to be taken by gooo Grass VI
buyers ,,.... on
BALTIMORE AND OHIO.-The committee ol
securities rules that all transactions maui l'' -
common and preferred and Votihs -
.,eca+es for common and preferred STOCK vi '''0
baltimore and Ohio company on Deceli"ei w.
. f- "a sh will be ex rights. Certificates or STOCK
aeI,vered after December 10 for contracts Hiaue
nrior thereto for cash sales mace Oh
her 10 must be accompanied by an asslsI'lieu' "
,ah+s or a due bill for the same. Sales OF rlshts
made on and after December 10. except trdiisaO
,s -oade snecifcally for cash, must be settieo Oh
naceuber a 1901 on which day all due o1lis must
-. -adae,ed Transactions made in rights on De
cember "a and thereafter must be speclliea'S
asb or regular way transactions MADE on 'iio
last day December 81, must be for cash oiiiS'
,rrSTEC, NEUTRALITY-SUSPICIOUS. dividend pay
noents by ffty-six companies identiheo win tie
mining and metallursical industry OF the ohl'eu
ctatee argreKaed 81 5S4 29i According 10 reports
received by The Engineering and Mining Jour :
nal" thirty-six precious and semi-pTecious Hns''
mines paid ST. s25. .329. 145 per cent of the total
while the balance of SO 5s 965 or SO per cent was
contributed by twenty allied industrial companies
THE LINSEED OIL MARkET--Consideraole
nrctuation has taken place in the lnseed Oil mar
ler recently It has sold down as low as iS cents
and 30 certs gallon during the last two weeks
A frmer tone prevails in the market o"lns
70 the advance of faxseed which is selling at about
81 so The American Linseed Company stiil holds
TO its rates of So and % for spot and is
selling futures about 50 ceHts, These are prac-
ticaily the same figures at which the outside deal
ers are present selling.
BANK CLEARINGS.-Bank clearings OF all the
clearing houses of the United States for the last
week showed increase of 5S per cent. as COM
pared with the corresponding week of 1900
THE PLAZA BANK.-The quarterly report Of
the Plaza Bank the close of business on De
cember shows loans and discounts. S2.444 O95 5t:
total resources s3O9 o72 o. due depositors 5000
50734
APPLICATION TO LIST.-Application has been
made the Stock Exchange for the listing Of
s49S 0l0 additional Per cent twenty year sinking
fund debenture gold bonds of 1925 OF the National
Starch Company.
UTICA AND MOHAWK VALLEY BONDS-N
w Harris &, Co. of New-York, offer to investors
81 100000 Utica and Mohawk Valley Railway Com
pany for:y-year Az per cent gold bonds. These
bonds are secured by a mortgage the entire
street railway system operating under perpetual
franchise in Utica and adjacent cities, including
branches now In process of construction.
GREENE CONSOLIDATED COPPER. - The
Greene Consolidated Copper Company, owners of
mines at La Cananea. Sonora. Mex. offers for sale
of its capital stock at $50 share This
stock is the remainder of the Treasury stock
issue of 10000 shares authorized at the stock
holders meeting July e. 1901. This company's
mines are entirely paid for. and there is no
mortgage bonded indebtedness. The COM
tanv has built and its smelters.
couverters, railroads, sawmilfs electric light
plant water system, timber lands stores, etc
It is now producing copper at the rate of
4Oo0eo pounds month. The company states
that by of the high grade and extent of the
orc bodies and generally favorable condition they
can place blister copper in New-York for less than
four cents pound
COTTON EXCHANGE MEMBERS - William
Scott. of Scott & Stringfellow. Richmond, Va.
John Kerr Branch of Thomas Branch & Co, Rich
mond Va; Charles f. Aseyer of New-Orleans
T. H. Wanamaker. of Columbia, S. C; Charles F.
Henderson. of Baltimore, and n. ". Wallis of
East On ange. n. J., have been elected members OF
the Cotton Exchange