New-York tribune., 1901-04-25
WALL STREET AND EXCHANGES.

FOREIGN TRADING.NPrices for American Sc
curities in London were strong and foreign houses
were heavy buyers in the local market. Total
dealings an amounted ~ 1 TO nearly 10000 shares. of
buying of Union Pacific and st. Paul was the
feature.
directors have declared a regular quarterly dvi-
dend of ia per cent the preferred stock. and
of per cent on the common stock The company's
financial statement shows increase Of 20 per
crease In the number Of new orders on hand. Pre-
dividend May 90
RAILWAY EARNINGS.-Earnings for the first
three weeks in April show substantial increases
for railroads in all parts of the country. The St
Paul. for the third week In April, reports gross
earnings of S739000 the heaviest earnings for this
week ever reported. All the Western roads show
decided gains. while the roads in the Southwestern
part of the country make the exhibits in their
history. Missouri Pacific. st. Louis Southwestern
st. Louis and San Francisco. and Texas and
Pacific are handling volume of traffic never be-
fore equaled by these roads, while Southern Rail-
way, Norfolk and Western, Chesapeake and Ohio
doing equally as well. Traffic managers of the
various ROADS predict a heavy movement through
out the rest of the year
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common. Delaware and Hudson
and Western Union. 3; Atchison preferred, General
Electric, Missouri Pacific, New-York Central,
Northwestern and Louisville and Nashville. 3l2: Chi
ern Pacific preferred Reading first preferred, st.
Paul, Sugar, Union Pacific common and preferred.
American Tobacco common. Continental Tobacco
common. Southern Pacific United States Leather
preferred. Brooklyn Rapid Transit. Tennessee Coal
and Iron. Southern Railway preferred. Amalga-
mated Copper United States Steel common and
preferred. 4; Northern Pacific common, 2d3: Rock
Island, 2: Manhattan, 312d4; Baltimore and Ohio
common. l; Rubber preferred. fat.
GENERAL ELECTRIC-The declaration OF the
regular semi-annual dividend OF 50 30 share the
preferred stock OF the General Electric Company
probably 10 enable the stockholders to partic-
pate in final dividend prior to the exchange of the
stock for common provided for in the circular
recently issued. The circular names August as
the date which all stock to be exchanged must
be deposited and the selection of the date for
the payment OF the dividend is in all probability
make final payment upon the day the stock ceases
TO exist The exchange OF the preferred stock for
common will give stockholders OF the former per
cent. instead OF per cent paid.
ERIE OFFICERS.-The following officers
elected at meeting OF the directors. held yester-
day: f. b. Thomas chairman OF the board; F.
D. Underwood president; c. NJ Cumming. first
vice-presdent: J. A Middleton, second vice-pres-
dent; J. W Platten treasurer. and l. d. Smith,
assistant treasurer.
AMERICAN SMELLING AND REFINING.-The
Executive Committee OF the American Smelling
and Refining Company has been enlarged from five
adding members the managers of certain plants
There will be daily meetings OF the committee to
consider internal affairs and to make changes in
the business arrangements of the company. The
economies to be effected Immediately largely in
the line OF saving freight charges