New-York tribune., 1901-05-18
NEW.YORK DAILY TRIBUNE SATURDAY. MAY Is. 1901.

common and preferred. American Tobacco COM
mon. Continental Tobacco common. Amalga mated
Copper, Manhattan. United States Leather pre-
ferred, Brooklyn Rapid Transit. Delaware and
Hudson, Tennessee Coal and Iron. Western Union
Southern Railway preferred. Louisville and Nash
vile. Baltimore and Ohio common United States
steel common and preferred. and 3; Northern
Pacific preferred. 2.
CHARACTER OF TRADING-Flower interests
bought Peoples Gas and Brooklyn Rapid Transit
All the local transportation stocks were strong
with good local and Philadelphia buying in Metro
politan. a. A. Housman & Co. and Talbot J. Tay-
lor Co. were active buyers of Sugar Refining
F. W. Savin bought 1000 shares of American To-
bacco. Wasserman Brothers were large buyers of
Morgan stocks, and Standard Oil brokers bought
ST. Paul. Prominent railway interests bought In
ternational Power United States Steel stocks
were bought by London and Keene brokers In
vestment buying reported throughout the day.
TOLEDO, ST. LOUIS AND WESTERN.-The
securities Of the Toledo, St. Louis and Western
held better in the recent panic than any other
securities on the list. The buying for several days
has been persistent and apparently comes from
parties who recently have been seeking control.
The common stock has been absorbed in large
volume. while the preferred has apparently been
kept down and much acquired possible.
The acquisition of the property by a very prom
tnent railroad interest seems inevitable
AMERICAN SUGAR REFINING.-The reported
settlement between the Sugar Trust and the Ar
buckles responsible for the strength Of Sugar
refining stock. sugar trade conditions, according
TO Willett Gray, show that orders for
fined sugar have been light, while the with
drawals old contracts have been large enough
20 keep refneres busy. Conditions favora-
bic for increased consumption. continued
steady and firm market in sugar may be *
pected. with Improvement when active busi-
in refined is assured.
CHICAGO AND ALTON.-The Alton dividends
Just announced the stocks of the old rail-
road company and not Of the lessor railway
pany The dividends both semi-annual, the
dividend period of the old company having been
changed from quarterly to half-yearly.
ERIE CHANGES.-H. f. GIpin is appointed
general agent. New-York terminal, Of the Erie.
vice NJ, f. Staples deceased
MISSOURI PACIFIC DIVIDEND EXPECTED
1t is said what is apparently excellent. although
unofficial. authority that the directors of the Mis-
souri, Pacific Railway Company will meet on Mon
day Tuesday declare a dividend on the
stock, which will he either per cent in a lump or
the rate of per cent
TENNESSEE COAL AND IRON COMPANY
BONDS.-Tt is officially stated that of the N50Oooo0
bond issue he made by the Tennessee Coal and
Iron Company. 100000 will be used refund the
companys present floating debt while the remain
ing @,oooooo VIII he used for reimbursing the COM
panys treasury for expenditures for improvements.
purchases Of plants. etc
LARGE BURLINGTON STOCK DEPOSITS.-It
is understood thar two-thirds of the stock of
the Chicago burlington and quincy has been de-
posted Tor exchange into collateral per cent
bonds. and that the plan may he declared operative
any time.
Car Company. Of Dayton Ohio. has declared a divi-
dcud Of per cent its preferred stock. payable
on June l. The transfer books closed until
June D.