New-York tribune., 1901-01-15

TRACTION SHARES.-Denials of a Manhattan
deal with Metropolitan led to heavy selling IN
Manhattan stock Brooklyn Rapid Transit was
well bought on the decline. The Street believes
that something of Importance will soon come 10
light in local traction affairs. and that the Brook
lyn Rapid Transit meeting January % Will o1er
some surprises.
UNION PACIFIC.-The so-called Waldorf crowd
sold Union Pacific ]. w. Gates was said to be
heavy seller. and Jacob Field and W. B. Oliver put
large amount of the stock. c. A. Missing q
Co. were the principal buyers. The uptown traders
clique is bearish and expects good sized decline
FEDERAL STEEL.-Federal Steel directors Will
meet to-day to declare a dividend on the common
stock for 1900. It is generally understood that .
per cent lump sum payment will be ordered
NATIONAL SALT.-Trading has recently taken
place in National Salt stocks and the price shows
Improvement. The company has paid two divl-
dends its common stock. One was or l1a per
and z per extra, and the other was IL
per cent. The dividends, however. have not yet
been established regular basis, but il is under
stood that steps will be taken shortly to establish
a regular per cent annual rate.
BAVARIAN LOAN QUOTATIONS.-It is stated
at the office of Zimmerman Il Forshay that
port the subscriptions received the s24 200
Bavarian Government loan has been cabled to the
authorities the other side and that the alottlng
of the bonds will be begun in few days. 1t is
understood that the principal subscribers in this
country, outside of bankers were foreign societies
and the class of foreigners who carry about
siderable sums of money sewed in their clothes.
AMERICAN STEEL AND WIRE-In regard to
the that the American Steel and Wire d.
rectors will pass the dividend the common
stock the meeting which takes place about the
end OF the month In New-York. the officers here
say they know nothing about 1t.
HARD COAL STOCKS.-After large amount of
long stock had been sold, the coaIers enjoyed a
rally on what was considered to be Morgan buy
ing. The Erie and Reading stocks were especially
active. 1t reported that the Lehigh Valley
would go TO the Erie.
CHICAGO GREAT WESTERN.-Chicago Great
Western stock was bought by Connor brokers. The
report was put out that the road would figure
connecting link in a deal involving Eastern and
Western lines
ST LOUIS AND SAN FRANCIsCO-St. Louis
and San Francisco common advanced on what was
said to be pool buying. ST. Louis Southwestern
issues were also features of the Southwestern
group.
AMERICAN TIN PLATE-The advance and ac-
tivity in American Tin Plate stocks due to
reports of big earnings and rumors of a per cent
basis for the common stock.
PETROLEUM LOWER.-Refned petroleum has
been reduced Is points to 81 55 in barrels and S. N
bulk Philadelphia prices being on a basis of .
points lower.
ATLANTIC TRUST COMPANY.-About four
ffhs of the 81 100000 capitalization of the Atlantic
Trust Company represented at the meeting
OF stockholders yesterday. The following were
elected members OF the Board of Trustees: Anton
A. Raven John F. Halsted. Clifford A. Hand Mar
tin Joost, l.. V. F. Randolph. William Carpenter.
Charles D. Leverich. Alfred Wagstaf. Charles r.
Henderson. Otto Sartorius. lewis Cass Ledyard
Frederick Sturges. W. r. T. Jones, John l.. Riker.
William B. Isham D. Crawford Clark. John F.
Dryden, George w. Ely William II. Hollster' Gill
bert NJ. Plympton. William SchaI, jr, John W.
Simpson and Francis s. Smithers. The last eight
named representatives from the absorbed
bankers Trust Company. The Board will
meet for organization on January %. Inspectors
OF election in 1902 are George II. Prentice,
n Thayer Robb and William j. Riker.
VIRGINIA PREFERRED. DEBT.-The Brown
committee reports that 1t has within few hun
dred thousands OF two-thrds Of the entire Virginia
preferred debt Deposits may still be made without
penalty with Brown Bros & Co.
PHILIP CURTIS ADMITTED.-Philip Curtis has
been admitted a member of the Stock Exchange
firm OF Thompson Mairs.