New-York tribune., 1901-06-30
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London bought and SOLD
IN the local market taking on balance about eight
thousand shares.
STOCK LOAN oUOTATIONs-Ruling stock loan
quotations are: Atchison common and Northern
Pacific preferred, 1; Atchison preferred, Chicago
Burlington and Quincy. Peoples Gas. Southern Pa
oihc Wabash preferred. General Electric. MISSOURI
Pacific. New-York Central Northwestern, Ana
conda, Reading first preferred. St Paul Sugar
Union Pacific common and preferred. Amalgamated
Copper. Erie. Manhattan. United States Leather
preferred Brooklyn Rapid Transit, Delaware and
Hudson. Tennessee Coal and Iron, Western Union
Southern Railway preferred Louisville and Nash
vile and United States Steel common and preferred
5g5; Rock Island. 4Q5. Baltimore and Ohio corr
mon. 3
RUBBER TIRE STOCK REDUCED.-GonsoIi-
dated Rubber Tire Company stockholders have
voted reduce the capital stock from s0Ooo0O0 TO
100000 by retirement OF 5000 shares of the pr
ferred stock be paid for in cash other oblga-
tions. They also voted 10 further decrease the
stock by 100000 by retiring at the rate of six
shares Of preferred and four shares of the common
owned by the company. and by abandoning the
right TO Issue such portions of capital stock
originally authorized but remaining unissued. This
makes the capital stock 100000 divided into 1900
shares of preferred and 1000 shares Of common.
VANDERBILT SHARES.-Good buying was re
ported in the Vanderbilt Issues. The strength in
these shares has been a feature for several days
and il IS thought that important developments are
pending affecting the various properties II is quite
possible that some scheme is underway for closer
consolidation Of the different Vanderbilt companies
by which operating and management expenses will
he reduced.
Southern Railway for MAY increased STAT. .2a6 over
May year ago. and net earnings increased S73.293
From the first Of the fiscal year gross earnings
have Increased S2l2Tl4s and net earnings s645 66S
Talk is heard again of the possibility OF the pre-
5erred stock being retired.
ST LOUIS AND SAN FRANCISCO-St. Louis
and San Francisco gross earnings increased in May
over May 1900 S209.65, and net earnings increased
s955,567. For the eleven months TO May 81 net
earnings show a gain Of S955.5e7.
ST PAUL'S EARNINGS.-The Chicago, Milwau-
kee and S.. Paul reports for May an increase in
gross earnings Of S123,5S4. and increase in net
earnings Of Sis. SOB making for the eleven months
OF the fiscal year an increase OF S77409S
THE COTTON NOVEMENT.-For the week end
ing June Is the total receipts Of cotton have
reached 6s4S5 bales. against 500SO last week and
81 COZ for the previous week, making the total
oeipts since September 1870 1888 0l2 bales. against
407 $50 for the same period Of lSs9-lSa. showing
an increase since September ! 1900 Of 1886 bales.
RAILROAD EARNINGS-"The Financial Chron-
icle" computes that hfty-two roads earned gross
for the third week Of June s497sS5 against 1882.
l40 in the corresponding week Of last year. IN
crease Of S685S5e SOC per cent. The final state
rnent for the second week of June shows that
sixty-one roads earned gross S9633.262. against
an increase Of $685. or 7.43 per cent.
ATCHIsON OPTIONS IN LONDON.-Calls of
many thousands OF shares of Atchison common at
SIS for the end of July. paying 2 per cent and at
the same cal price for the middle of July. paying
2H per cent, have been arranged in London. II is
understood that these options have been bought
FOR New-Y
OFFERS TO INVEsToRs.-Joseph Walker &
Sons Of New-York offer 10 investors a list of
guaranteed stocks exempt from taxation; also a
choice selection OF railroad bonds. Hartman &
Co. offer TO investors, in another column, choice
selection Of high grade railroad bonds Redmond,
Kerr Co. offer 70 investors choice selection Of
high grade railroad bonds netting from TO per
cent. as advertised in another column.
THE JOHN B. STETSON COMPANY-The John
3 stetson Company continues 10 show successful
results. Last year Is per cent was paid on the
n common stock. besides the regular S per cent on
Ej preferred The directors have just declared the
usual half-yearly per cent on preferred and an
interim dividend Of per cent on the common
stock Heretofore The dividends on the latter have
been payable only at the end Of the fiscal year
but the business thus far in 1901 fully warrants
this interim dividend.
RETIREMENT OF F. K. TROWBRIDGE-ver-
milye & Co give motive that on account of i'll
health and at his own request. and greatly 10
their regret Frederick K Trowbridge retires from
membership in their firm
ST. LOUIS AND SAN FRANCISCO REFUND
iAG-More than majority OF the underlying
NO4iNs u Nie 81 LOUIS ana san Francisco Rail-
ROAD Company have been deposited under the re-
funding plan. IN addition 10 the bonds already
deposited, there will be deposited between now and
July considerable number Of bonds. the holders
o. which have sgnihed their intention OF deposlt-
ms them under the plan. The next step in the re-
FUNDING Will probably be the calling in Of such
ponds as are by their terms redeemabe. The new
bonds have ali been signed. and as soon as they
can be countersigned by the trustee viii be ready
Tor delivery. probably within two weeks
DIVIDENDS DECLARED-The following dix,
SSlos are announced: Delaware, Lachawanna and
western Railroad Company, "a per cent: National
Biscuit Company. per cent.
SEABOARD AIR LINE BONDS
Vermllye Co. and HaIgarten & Co. of New