New-York tribune., 1901-01-26
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London prices irreg-
ular. and arbitrage hot 5es did little in the local
market There few sales of Ontario and
Western and the Pacific shares
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common. NewYork Central. North
western. Northern Pacific common, Manhattan,
delaware and Hudson. Western Union, Louisville
and Nashville. Baltimore and Ohio common. Illinois
Central Erie common first and second preferred. z
per cent; Atchison preferred, St. Paul 2d21a; chi
cago. Burlington and Quincy. Peoples Gas. General
Electric. Northern Pacific preferred, Reading first
preferred, Rock Island. Sugar Refining. Union Pa
cif1c and preferred. American Tobacco
common. Continental Tobacco common United
States Leather preferred. Brooklyn Rapid Transit
Tennessee Coal and Iron. Southern Railway pre-
ferred Federal Steel common, Amalgamated Cop
per American Steel and Wire common, 212 Third
Avenue fiat; Missouri Pacific, rz@2.
ENORMOUS BOND DEALINGS.-Deanss in
bonds enormous with strong prices through
out. Issues of the Southwestern roads were espe-
cially active sales in ST. Louis Southwestern bonds
amounting to over 81 600 900 par value. Atchison
Missouri, Kansas and Texas and Wabash dehenture
issues features Buying was for both specu-
atve and investment account.
BULL INTERESTS.-Active bull interests were
buyers in the last half hour. A. A. Housman &
Co. were heavy buyers of the Granger shares and
Talbot J. Taylor & Co of St. Paul and the South
western issues Wasserman Brothers were active
buyers around the room.
TOBACCO STOC CkS.-Buying Of American To-
bacco and Continental Tobacco stocks from
good sources and was based on the expected reduc-
ton in the revenue tax tobacco. 1t is thought
that the American Company will much as
$3,o0oOoO through the reduction. Flower Co. were
prominent buyers Of Continental Tobacco.
ATCHISON COMMON.-An inquiry has been
made regarding Atchison common as a business
proposition compared with Wheeling and Lake Erie
first preferred Based on the known earning power
of the two companies, the sources from which each
company draws it's revenue. and on the outlook for
each possible permanent investments, the prefer
would to he in favor of Atchison at 70 as
against Wheeling and Lake Erie at Sc.
THE SAXONY LOAN.-Knauth. Nachod &
Kuhne announce that to them has been allotted
IS per cent on subscriptions made through them
for the issue Of 100000 marks per cent Gov
ernment annuity bonds or the Kingdom OF sax
ony No applications for subscriptions smaller
than 10000 marks have been accepted by them
and they are sending out the allotments TO
subscribers this country the rate Of SS marks
for each 100 marks applied for IN round
sums of 1000 marks and mutipes thinner
man & Forshay have received a dispatch
from their Berlin correspondent saying that the
new 100000 marks Saxony per cent loan has
been a great success, and heavily oversubscribed.
so that the official allotment on subscriptions Is
10 per cent on amounts of less than 10000 marks
and only u per cent on larger ones.
BROOKLYN RAPID TRANSIT.-The report Of
the "B r. T" system for December showed net
earnings OF s3O5 45s increase of 1864, making an
increase for the six months of the fiscal year
of $i5O.55O Net earnings for six months were
81 Z35 9O5. Operating. expenses increased S5ihS
MR. BULGE RESIGNS.-Announcement is made
of the resignation OF Henry Bulge, OF the banking
house of Hallgarten & Co. from the Board OF
Directors OF the Chicago Terminal -ransfer Conn
pany as we'll as from the Executive Committee OF
that corporation Mr.. Budge declined to say why he
resigned.
CONSOLIDATED GAS ELECT1ON.-The newly
elected Board OF Directors Of the Consolidated Gas
Company met yesterday afternoon at the Irving
Place offices and reelected the president. H. T.
Ciawtry and the treasurer. George w Doane-
Samuel Sloan was elected vice-presdent in place
of the late Thomas Knott Lees and l. p Gawtry
succeeds O. F. Zollikoffer. who declined q re-elec-
tion as secretary There were no other develop
ments OF public interest. II said.
DIVIDENDS DECLARED.-The Corn Exchange
Bank has declared a dividend OF per cent. and the
Cleveland Cincinnati. Chicago and ST. Louis Kali
way Company OF III per cent.