New-York tribune., 1901-12-28
MINING STOCKS.
WALL STREET AND EXCHANGES

FOREIGN TRADING.-London dealt In about
$1,000 shares in the local market, OF which S0eo
were purchases There was a good demand Ior
Reading and Baltimore and Ohio.
WABASH-It is said that Vanderbilt interests
have been buying Wabash securities the wan
Street Journal" said yesterday that people gen.
orally we'll informed in regard to wabash aHalrs
intmated there had been an appearance ol van
derbilt buying In Wabash securities Advice to buy
Wabash securities, it is also asserted, has come
from officials at the Grand Central station 10
friends in the Street There have been for some
time rumors of Pennsylvania buying IN Wabash
but whether the buying by those two interests mas
been competitive or by arrangement is matter OF
surmise. In well informed circles 1t Is UNDERSTOOD
that a proposition Is under consideration TOT tne
retirement of the debenture bonds OF the Waoash
Railroad Company by the issue OF a per 0e"'
obligatory bond.
AMERICAN CAR AND FOUNDRY.-"The Rail-
road Gazette reports orders received by
American Car and Foundry follows Wabash.
1000; Seaboard Air Line 800: Toledo St. Louis and
Western 80; Minneapolis, St Paul and Sault Ste.
Marie. 200 and miscellaneous. g.
PANHANDLE" DIVIDEND.-The common
stock of the Pittsburg, Cincinnati, Chicago and ST.
Louis has received dividend declaration of Ia
per cent. semi-annual. After the common has re-
ceived per it's stock. the preferred is en-
titled to receive up to , per cent and the common
then also receives up ,. after which both stocks
share equally.
500" PREFERRED STOCK.-The gains in net
minneapolis,
Marie Railway Company leave little doubt to the
payment in the near future of dividends the
preferred stock OF this company. This stock Is en-
titled to per cent. and full rate could easily be
paid. The indications are that over 20 per cent
will be shown earned on the 500 preferred TINS
fiscal year
PENNSYLVANIA COMPANY.-The Pennsylva-
MIA company has declared a dividend of per cent
on its S21 900 600 stock This places the stock on
per cent basis. The stock is owned by the Penn
svlvania Railroad Company. The dividend is the
first since 1894 Pennsylvania has in this stock a
very valuable equity in large system of lines
which have been greatly improved at cost Of in
come for some years. and are now beginning to
return profits.
GRAIN EXPORTS.-"Bradstre reports the
exports of wheat for the week 4,29l5i bushels
against $50 bushels last week and 40ll lo5 bush
els last year Since July l. 1H92s090 bushels
against ~ a5S bushels last year. Corn for the
week aggregated 42i 1856 bushels against 09n bush
els last week and 3SSs.165 last year Since July l
5O5l5 bushels against 9424o169 bushels last year
ATCHISON'S EARNINGS.-AtchisOn's earnings
increased in gross in November $50 4S4 and IN net
,41S 22f From July l gross earnings have increased
s. s5737 and net earnings after taxes and rentals
s2.9O4sH.
CHICAGO GREAT INSTRUMENTATION has
been made to the Stock Exchange to list S2oSooco
additional OF the common stock or the Chlcdso
Great Western Railway Company.
DELAWARE, LACKAWANNA AND WEST
ERN.-The directors Of Delaware, Lackawanna
and Western have declared the regular quarterly
dividend OF lA per cent
READING-It is said that the earnings or the
Reading system In November shaved substantlal
Improvement over November a year ago. but that
the gain will come up 10 the phenomenal IN
crease made in October.
AMERICAN LOCOMOTINE.-America l1oGomo-
tive has received the following orders; Michigan
central 10: Missouri. Kansas and Texas, 10. and
the japanese Government. 30.
sailing for Europe to-day. will take out 35l 900
ounces of silver. shipped follows: The I nited
Metals Selling Company, 2oTODo ounces, ana I'm
mermann & Forshay. 100 600 ounces - -
SURPLUS INCEEASED-The United states
MortgaCe and Trust Companys directors voted TO
Increase the company's surplus by S25OOo0 to
& $50 900.
FORMAL. APPROVAL VOTED.-The Canal Com
mittee and the committee on freight discriInna-
tIon OF the New York Produce Exchange held yes
terday a Joint meeting. at which formal approval
was voted OF a bill which Is to be introduced at
Albany this winter giving the state railroad COM
mission power 10 enforce its rulings