New-York tribune., 1901-12-03
WALL STREET AND EXCHANGES

FOREIGN TRAD1NCi.-Forelgn houses DouBht
10000 shares, trading in about 45oc9 shares Ihere
was a good demand for Atchison Southern Pacific
Union Pacific, Baltimore and Ohio and the steel
shares. Arbitrage houses bought fully l3,"D shares
of Southern Pacific.
STOCK LOAN QUOTATIONs.-Loan quotations
were: Amalgamated Copper, Anaconda, Atchison
common and preferred. Brooklyn Rapid Transit.
Delaware and Hudson. Erie common. Erie first pre-
ferred Erie second preferred, Louisville and Nash
Vile Manhattan, Missouri Pacific, New-fork Cen
trail Peoples Gas. Reading first preferred, Republic
Steel common and preferred. Rock Island, St Paul,
Southern Railway preferred, Southern Paclhc
Sugar. Tennessee Coal and Iron. Union Pacific COM
mon and preferred United States Steel common
and preferred, United States Leather preferred
Wabash preferred. Western Union. per cent; Bal
timore and Ohio common, Sl2di; Chicago Ter
minal, g.
CHARACTER OF TRADING.-Chicago operators
were heavy sellers. putting out 500 share blocks
at time In the last hour selling by Western
houses increased. and this with pressure by room
traders forced prices down to the lowest level OF
the day Standard on brokers bought Amalga-
mated Copper. Foreign houses were heavy buyers
OF Southern Pacific. In the first hour many stocks
were advanced. while others were depressed with
Indications of inside selling Sales in the nnal
dealings were well taken, and technical conditions
were strengthened. A number OF usually inactive
stocks strong features throughout especially
Long Island, American Smelling. Evansville and
Terre Haute International Silver. Manhattan Beach
and Pacific Coast.
LOUISVILLE AND NEUTRALITY-SUSPICIOUS.
and Nashville is putting large amount OF money
from earnings into the property. as reflected In the
large increase in operating expenses since July l.
For October operating expenses increased A5e4es
and net earnings decreased sS2,31. For the four
months operating expenses have increased N24o6lS
and net earnings have decreased S2SiSs The com
pany can make a big decrease In net and yet show
much than the per cent dividend on the
stock.
"A
earnings of the St. Joseph and Grand Island In
creased in October sl76Sl and net earnings $lo2"
From July gross earnings have increased Sfo.Ilo
while net earnings have decreased S.l2. The hrst
and second preferred stocks are selling at cheap
figures. in view of the fact that the company 5
earnings and prospects encourage the belief that
even the common stock may some day De IN the
dividend list. The stocks have been neglected py
SPECTATORS. but they are we'll held. and hsht de-
mand would doubtless cause quick appreciation In
their prices.
COLORADO AND SOUTHERN--Coiorado and
Southern reports gross earnings for October OF
s4G "a gain OF SO 727 over the same month year
ago From July l gross earnings have increased
2iA7 and net earnings s65.0S The newly elected
directors of the Colorado and Southern Railway
Company have organized by re-electing the former
officers President Trumbull is expected in this
city to-day.
NETWORK. ONTARIO AND WESTERN.-As
result OF additional coal properties acquired by
Ontario and Western the last year so, the
amount of coal produced by the company the cur
rent year will be Increased about 100000 tons The
company Is looking for other coal lands, and op-
tons been secured on certain lands for an in
definite period, and In the mean time an investi-
CATION of these lands will be made in order to as
certain their value.
WESTERN GRAIN MOVEMENT.-Grain receipts
at Chicago last week 3,S2sO0 bushels. The
St Paul road carried 23s, 500 bushels. nearly SO
per cent Receipts of -four 200 barrels. of
which ST. Paul carried 720O0 barrels. or 80 Is
cent An of the road said that grain traffic
continued very heavy. Conditions in the Northwest
are very favorable at present for the shipment of
wheat and farmers availing themselves of them
to a great extent. The general movement of grain
was smaller than in many weeks.
BOSTON AND MONTANA.-The Boston and
Montana Mining Company has declared dividend
of s. share. The preceding dividend declared last
July was $ regular and S extra
SILVER EXPORTS.-The steamship Kr6nprinz
Wilhelm, sailing for Europe to-day. will take out
6o40OO ounces of silver. shipped follows: The
United Metals Selling Company. $4,000 ounces and
Zimmerman & Forshay, $1,000 ounces.