New-York tribune., 1901-01-31

Nashville Baltimore and Ohio common. Illinois
Central Erie common and 1st and 2d preferred, p
Atchison preferred. Chicago Burlington and
Quincy. Peoples Gas. General Electric, Northern
Pacific preferred, Reading 1st preferred, sugar
Union Pacific preferred. American Tobacco COM
mon. Continental Tobacco common. United states
Leather preferred Brooklyn Rapid Transit. Ten
nessee Coal and Iron and Federal Steel common
2a214 Third Avenue fiat; Missouri Pacific, North
Pacific common, St. Paul and Delaware and
Hudson, IL: Western Union, L; American Steel and
Wire common, lilo premium.
AMERICAN STEEL AND WIRE--American
Steel and Wire was strong despite the develop
ments at Tuesdays directors meeting. II was
said that the Gates following was accumuiatlng
stock. The chances that the Gates crowd Is
somewhat disappointed at the lack or popuias IN
terest in Steel and Wire securities Reports Were
put out yesterday to the effect that Mr. Gates was
short of the general list. and that efforts were
being made squeeze him.
ROCK ISLAND-Rock Islands sharp advance
was due in part 10 expected benefits from the Har-
riman Chicago Terminal deal. 1t was reported in
the day. but not believed in well informed circles
that the Northern Pacific interests would attempt
to secure control of Rock Island 1t was also said
that Rock Island and Atchlson would make some
agreement to construction and utilize mileage
in Texas. The room theory was that the stock was
put up to facilitate selling at other points Rock
Island is not selling beyond its merits,
SOUTHERN PACIFIC.-Southern Pacific was
strong and active in the morning the reported
better relations with Atchson- A good reason FOR
buying Southern Pacific may be found in the COM
panys earnings. In December gross earnings in
creased sS25992 and net earnings s6521s9' making
total increase in gross for six months of S3.
and in net of $937 653.
ST PAUL-NORTHERN PACIFIC. A large
amount of long stock in st. Paul and Northern
Pacific was sold under of the strength in the
other granger shares. St. Paul was weak, and
with Northern Pacific furnished the noteworthy
early exceptions to the general advancing ten
dency.
WINTER WHEAT.-Prime's Crop Bureau re-
ports that winter wheat just about holds its own
against dangerous weather surroundings. and the
fact OF the very widespread presence of Hessian
fly This pest the report says, lis lying still IN
undeveIoped condition and the surroundings
would indicate that going to have a great
deal of trouble from that source again this spring
HIGH PRICE FOR CITY BONDS.-The New
York CITY per cent bonds which were awarded
yesterday commanded the highest price at which
city bonds have sold in the last four years The
basis of the award is 296 per cent and interest
This is about equivalent 10 the minimum Of
interest returns Government bonds.
GOLD EXPORTS.-The steamship La Gascogne
sailing for Havre to-day, will take $2,&OOO gold
sHipped by the following houses: Heidelbach'
Ickelheimer & Co. $1,25000O; National City Bank.
s6y1OOO and the United States Mortgage and Trust
Company. $j10Go0 Total exports since January
16. 81 $4,000
ST LOUIS SOUTHW ESTERN BONDS.-Albert
Loeb & co. offer to investors at market price
which is now about 81 and accrued interest the
ST Louis Southwestern Railway Company first
mortgage per cent gold bonds. being an absolute
first lien Of only $l6 500 a mile on said road, when
has earned for the six months ending December
81 last being the first half OF Its current fiscal
wear more than double the interest OF these bonds
for the entire year. The bankers say that the
Indications are that in the present year the st.
Louis Southwestern will in addition TO the
fixed charges on the first mortgage the full interest
on the second mortgage and preferred stock. be-
sides a dividend on the common stock.
NEW STOCK EXCHANGE HOUSE.-Edward b.
Smith &. Co members OF the New-York and Phila-
tiephIa Stock exchanges. have opened offices at NO
81 1edar-st for the transaction OF Stock EX-
change and investment bond business. The firm Is
composed Of Edward Il. Smith. Francis F. Bond.
George w Norris and John 5, jerks jr The firm
IS an old established one. and enjoys the prestige
OF years Of successful business In Philadelphia Mr.
Smith Is the Board member. Mr.. jerks will be the
resident partner In charge of the New-York house.
and the bond interest will be in care Of stephen
Van Rensselaer,, jr
TO BRING HAWAIIAN SUGAR STOCKS
HERE-Edward Pollitz. OF the brokerage firm OF
T. PoIlitz & CO. of San Francisco. is in New-YO-k
arranging To place the market here certain OF
the most prominent Hawaiian sugar stocks. Ii
was this firm that first secured consideration for
sugar stocks I'm the San Francisco Exchange. ana
these securities are considered particularly
attractive by California investors. The proceeds OF
the Hawaiian sugar crop last year amounted to
s2J.QOOe