New-York tribune., 1901-02-07
WHEAT.

FOREIGN TRADING.-London dealt in about
fifty thousand shares in the local market with pur
chases largely outnumbering sales. Union racine
Southern Railway, Erie and Reading were IN good
demand
STOCK LOAN QUOTATIONS--Loan quotations
were: Atchison common. Northwestern ana Baltl-
more and Ohio common, 1'5Jl2' Atchtson preferred
Chicago Burlington and Quincy, Peoples Gas,
General Electric New-York Central. Northern Pa
cihc preferred, Reading first preferred Rock
Island, St Paul. Sugar Refining, Union Pacific
common and preferred, American Tobacco COM
mon. Continental Tobacco common. United States
Leather preferred. Brooklyn Rapid Transit. Ten
nessee Coal and Iron, Southern Railway preferred
Amalgamated Copper. Federal Steel common,
American Steel and Wire common Missouri. Kan
and Texas preferred, and Erie common. first
preferred and second preferred, ?; Third Avenue
and Wabash common. fiat; Missouri Pacific. North
Pacific, Manhattan, Louisville and Nashville
Illinois Central and Missouri. Kansas and Texas
common. IL; Delaware and Hudson and Western
Union l.
UNION PACIFIC-Union Pacific common made
n new high record price yesterday. selling at So
The buying Of this stock heavy and for in
vestment well speculative account. one year
the stock sold at 1914
SELLING STOCKS.-The so called Waldorf
crowd active seller in the first hour 1t
vas estimated that 10000 shares were sold
by three leading speculative interests. There was
heavy profit taking throughout the list. but the
character of buying excellent. Chicago houses
after selling early in the day, large buyers
Rock Island interests Were said to be buying
Atchison.
PRESSED STEEL Carl is understood that
the directors OF the Pressed steel Car Company
have authorized the bond issue which has recently
been discussed In Street gossip II IS believed that
the issue win take the form OF per cent gold
notes 10 run for period Of from one to ten
years The total amount viii probably be &00ooo0,
OF which 100000 Will mature annually. The money
received will be used for working capital.
MEXICAN ISSUES.-The bullish Views expressed
by prominent Mexican banker who is now in this
city have attracted attertion 10 the Mexican rail-
road shares Mexican Central has been active in
the last few days and slight demand for Mexican
National has been noted. 1t is thought that both
stocks entitled TO better prices.
ST. LOUIS AND SAN FRANCISCO.-It was said
yesterday that the dividend s.. Louis and San
Francisco second preferred stock will be the
rate OF per cent Regarding financial readjUst-
ment IT is asserted that the plans sufficient
ly formulated TO warrant any statement whatever.
WHEELING AND LAKE ERIE-Regarding cur
reports that dividend will be paid on
Wheeling and Lake Erie first preferred, it is said
good authority that while formal cOn5idera-
tion OF the matter has been had by the direc-
tors it is the policy OF the management not to pay
"A dividend until the improvements the property
now being made completed.
COLORADO SOUTHERN.-The statement OF the
Colorado Southern for the first half Of the fiscal
year indicates that the company will this year
earn on It's hrst preferred stock S2 per cent. If no
more net changes are reported. Earnings have
been heavy but the big gains in gross returns have
not been reflected IN net receipts. owing to the
increase in expenses
ERIE MEETING.-A meeting OF the stockholders
OF the Erie Railroad Company has been called for
February IS for the purpose OF voting the pro-
posed purchase OF the stock Of the Pennsylvania
Coal Company. The transfer books OF the voting
trustees OF the three classes Of stock will close
February - and reopen March l.
DIAMOND MATCH.-The annual report OF the
Diamond Match Company shows profits OF S2,01i-
SO and a surplus after dividends OF $3.50 S39 There
was deducted $3.50 $50 for depreciation leaving a
balance OF S279Ss3. The company's good showing
made in the face OF advance in raw ma
terial without an advance in the price OF matches