New-York tribune., 1901-05-03
WALL STREET AND EXCHANGES

FOREIGN TRADING.-London dealt in upward
of l25000 shares IN the local market, selling bal
ance Heavy sales were made in the Pacific shares
and Erie issues. Buying of Atchson was active.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common. Northern Pacific preferred,
Baltimore and Ohio common. fat Atchison pre-
ferred, Chicago. Burlington and Quincy, General
Electric, Missouri Pacific. New-York Central,
Northwestern. Louisville and Nashville. 31a; Peo-
pies Gas Reading first preferred, st. Paul. Sugar
Refining. Union Pacific common and preferred,
American Tobacco common, Continental Tobacco
common. United States Leather preferred. Brook
lyn Rapid Transit Tennessee Coal and Iron. South
Railway preferred, 3laQ4; Northern Pacific com
mon. 2a3; Rock Island. fatQ1; Manhattan, Della
and Hudson. Western Union. s.
LOCOMOTIVE ECOMBINATION-Knowle that
the arrangements for the combination OF locomotive
works have advanced practically to completion kept
up the demand yesterday Tor the stock of the In
ternational Power Company. with consequent en-
hancement Of the price. a stock house that acts
largely for Vanderbilt interests has this week
accumulated a considerable amount Of the Interna-
tional stock.
WESTERN UNION.-The strength in Western
Union stock in the last few days has been accom-
panied by renewed reports OF a telegraph combina-
ton Apparently there is basis for consolida-
tion reports. the advance doubtless being based
the fact that per cent stock Western Union
is selling well under the level Of other per cent
issues.
NORFOLK AND WESTERN.-Norfolk and
Western directors have declared a dividend Of l
per cent the common stock This is the first
dividend on the stock since the reorganization Of
the company The preferred stock is on a 4 per
cent basis. Earnings largely in excess OF divt-
dend requirements
DENVER AND SOUTHWESTERN DIVI-
DENDS.-Directors Of Denver and Southwestern
have declared the regular quarterly dividend on
the preferred OF IA cent and the regular quar-
terly dividend OF Ia per cent the common stock
Application is TO be made TO the Stock Exchange
10 list the Denver and Southwestern stocks.
ROCK ISLAND.-The preliminary statement OF
the Chicago. Rock Island and Pacific for the year
ended March 81 shows gross earnings Of S25 1854 $685.
an increase Of $215,0Ss; net earnings Of S1s9,6O2
increase OF $32 80: other income OF S7Ol 1878.
OF S1605. This surplus IS equivalent TO 1913 per
cent earned the stock for the year.
TOBACCO COMPANIES QUARTERLY RE
PORTS.-The American Tobacco Company reports
for the quarter ended March 81 net earnings SSl4-
col. decreased s22s1sS The Continental Tobacco
Company reports for the quarter ended March 81
net earnings S75.091 decreased S297. .sS3.
PETROLEUM LOWER-Refned petroleum has
been reduced Is points to rs in barrels and 40 in
bulk. Philadelphia prices being a basis points
lower
NEW RECORD PRICE FOR sEAT.-A Stock
Exchange membership was sold yesterday after
at the new high record price of $40 600 Frank
Z. Brumley. for many years associated with Rol-
ston & Hooley. the purchaser.
NEW EQUITABLE DIRECTOR-E. H. Harri-
yesterday elected a director OF the
Equitable Life Assurance Society
HAVEMEYER TO RETURN sOON.-Henry o.
Havemeyer. president of the American Sugar Re-
fining Company. will sail for home from Europe on
May IS
COFFEE EXCHANGE AIEMBERSHIP-AIber
o. Brown has been elected member of the Coffee
Exchange.