New-York tribune., 1901-02-15
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London prices were lower
and foreign houses dealt i'm both sides of the local
market. Total transactions amounted to about
10000 shares. with sales predominating
STOCK LOAN QUOTATIONS.-Loan quotations
Were: Atchison common. Missouri Pacific, North
Pacific common. St. Paul. Manhattan. Louis
VILE and Nashville. Baltimore and Ohio common.
liaa2 per cent; Atchison preferred. Chicago Bur
lngton and Quincy. Peoples Gas General Electric,
New-York Central. Northwestern. Northern Pacific
preferred. Reading first preferred. Rock Island.
Sugar Refining. Union Pacific common and pre-
ferred American Tobacco common. Continental
Tobacco common United States Leather preferred.
Brooklyn Rapid Transit, Tennessee Coal and Iron,
Southern Railway preferred. Federal Steel common.
Amagamsted Copper. American Steel and Wire .;
Third Avenue. fiat; Delaware and Hudson Western
Union Smelling common I; Illinois Central liz;
Smelling preferred. 1-l2SGl-2j6.
MANHATTANS REPORT.-The Manhattan Ele-
waited makes a good showing for the December
quarter gross earnings increasing SlsS5l. net earn
ings sll 2s7. and surplus after charges and dtyi-
dends. go. 33s, From July l. however. a deficit Of
sl036 627. against OF $3 90 IN 1899 is shown II
the returns In the rest Of the year are as good as
they in the last three months there ought
10 be a fair surplus by July /.
ANTHRACITE COAL STOCKS.-The hard coal
shares strong features yesterday, with sharp
advances in Delaware and Hudson and Delaware,
Lackawanna and Western. The present seasonable
weather is causing active demand for coal and
present prices considerably higher than the
figures that have ruled az this season Tor a num-
ber Of years past. New developments affecting
Delawar, and Hudson looked for in well in
formed quarters.
COMPRESSED AIR AND ENPENSES-The re-
port Of the Twenty eighth and Twentynnth Streets
Crosstown Railroad Company for the quarter ended
December n 20 the State Railroad Commission
makes an extremely satisfactory showing. One Of
tn, most notable features Of the statement is the
decrease In the operating expenses in 1900 the
corresponding period OF iS99 This is the only line
controlled by the Metropolitan Street Railway Com
pany that IS operated by compressed air. and II Is
understood that the marked decrease in operating
expenses Is due largely 20 the economy of this form
OF motive power.
ELECTED A MEMBER.-David NJ. Mines
heimer of the firm OF F. J. Lisman & Co.. has been
elected 10 membership In the New-York Stock Ex-
change
GENERAL ELECTRIC.-The advance In General
Electric of Is points due to inside buying. II
reported that the company might soon make
stock dividend the Of 33 per cent In new
stock. H. c. Campbell & Co. J. s. Bache Co
and II. Horton & Co. were heavy buyers. The price
went TO 215, closing at 212.
NATIONAL LEAD.-The directors Of the Ma
tionaI Lead Company have declared "A regular quar-
terly dividend OF Is. per the preferred
stock. payable March 10
NEW BROKERAGE OFFICES-Frederick F.
Marquand. member OF the Consolidated En-
change. has opened offices at Nos. 35 and 81 Broad
St. equipped with direct wires to the Exchange
floor and all facilities for the transaction of
strict commission business Mr.. Marquand's ex-
perienCe In Wall Street extends over a period Of
thirty years during which time he has been con-
nected with well known Stock and consolidated
Exchange houses.
WESTERN UNIoN.-The buying in Western
Union continues to be accompanied by reports of
some arrangements to be made between Western
Union and the Postal Telegraph Company One
OF the reports in circulation is that the Postal
company Is willing TO give collateral trust 3 per
cent bond for each ten shares of Western Union
stock, with a view of controlling the Western
Union company. W. +. Clark vice president of
noon that there nothing I'm this report.
CORN EXCHANGE BANK BRANCHES.-
Astoria branch of the Corn Exchange Bank opened
yesterday with j. Robert Laws as it's manager
The University branch. at Broadway and One
hundred and thirteenth-st Is to open by March
T. T. AND c. co.'s NEW DIRECTORS.-The
annual meeting OF the Telephone. Telegraph and
Cable Company OF America has resulted In the
election OF these directors: John Lowber Welsh.
John ID. Crimmins. Elverton r. Chapman. Samuel
Thomas. George w. Elkins, Frank NJ Ritter Ran
dal Morgan John c. Bullitt. jeremiah J. sullivan
and Morgan Wilcox Avres.
MEXICAN CENTRAL. BONDS. Charles Mines
hemer & Co. offer investors limited amount of
the Mexican Central Railway Company's consoli-
dated per cent gold bonds due 1911. interest pay
able semi-annualy, January and July I. These
bonds are practically first mortgage the
tire property of the railroad. including all old first
mortgage bonds deposited. They are secured by
earned. AT present prices investment S
per cent. Bonds listed the New-York and
Boston Stock exchanges