New-York tribune., 1901-03-07
WALL STREET AND EXCHANGES.


strong and foreign houses dealt in upward of 1000
shares in the local market, buying on balance
Atchison Erie and Ontario and Western were sold
for foreign account
STOCK LOAN QUOTATIONS-Loan quotations
were. Atchison common, General Electric, Missouri
Pacihc Northern Pacific common. IA Atchison
preferred. Chicago. Burlington and Quincy. Peoples
Gas. New-York Central Northwestern. Northern
Pacific preferred. Reading first preferred. Rock
Island Sugar. Union Pacific common and preferred.
American Tobacco common. Continental Tobacco
common United States Leather preferred. Brook
lyn Rapid Transit Tennessee Coal and Iron. South
ern Railway preferred Louisville and Nashville.
Southern Pacific. Federal Steel common and Ameri-
can Steel and Wire common 2; Third Avenue. Fed
eraI Steel preferred. American Steel and Wire pre-
ferred and Smelling preferred fiat; St Paul, Man
haitian and Baltimore and Ohio common, ll=82;
Delaware and Hudson. Western Union and Smelt-
ing common, :.
AMERICAN CAR AND FOUNDRY EARNINGS.
Earnings of the American Car and Foundry Com
pany for the quarter ended February IS showed
marked Improvement the preceding quarter.
The company has received heavy orders for new
and its facilities such that IL is able 10
make deliveries on all orders in from sixty TO
sevcnty-hye days. The fact that this concern has
made contracts with about every railroad in the
country for large numbers Of is reflected in the
good demand for the company's securities.
AMALGAMATED COPPER.-It said yester-
day in well informed quarters that the adverse
unfouuded The outlook for the copper market
is blight and there appears TO be reason why
the Auagamated company should reduce its diVi-
6oud. The report that a lower dividend Will be de-
clared is not taken seriously.
NORFOLK AND Observation-Disclosures OF the
Norfolk and Western for the month OF February
show an Increase in gross OF Sl77.sio making
gain from July l OF $l,39l.636 For seven months
net earnings increased $56S923. year ago the
company carmel 3t per cent on the common stock,
and results for this year will show nearly per
cent II more increases or decreases are report
cd II surplus earnings continue 10 increase in
the rest OF the year at the in the first
seven months results will show 5l4 per cent on the
common stock
AMERICAN SNUFF.-The report OF the Amer
lean Snun Company for ten months shows. after
deductirg all charges and expenses. net earnings
OF S5}l,66'. Surplus after per cent dividend is
N71,667 The company was organized March Il.
1850, and it some months before it had the ad-
vantage of normal business Owing the
peculiar condition of the trade existing at the
time of the organization. the company was unable
approach normal business until September OF
the last year. there in dealers hands stock
II excess OF what would be normal Of least
100000 pounds sold by the predecessor company.
Percy Hill and Otis Smith were elected directors at
the annual meeting.
CRUDE OIL MARKET.-The crude oil market
has held stationary at 81 Is for the Pennsylvania
product for the last fortnight. All indications in
the ol fields however, point 10 higher prices, for
no pools have been discovered and the con-
sumption continues to run in excess of the pro-
duction.
WINTER WHEAT IN NEBRASKA.-Winter
wheat in Nebraska is fourishins At least 100000
acres were put in in this State. and its condition
is much better than usual for the season About
this much more spring wheat will be put in later,
and the soil is already in first class condition.
because of the nerous heavy SHOWS. The corn
in NaI,r he
son last though the small grain acreage is ex-
pected TO be a good deal heavier
DOMINION IRON AND STEEL-TAe strength
in Dominion Iron and Steel stock in the Boston
market is due to buying for Canadian account, and
the fact that very limited amount of the stock is
held in Boston. Canadian interests were recently
free sellers of the stock from % up 2S. thinking
they could get the stock back lower These same
interests have been the buyers above 80.
SOUTHERN RAILWAY. - Southern Railway
directors will meet tomorrow take action
the preferred stock dividend. 1t is generally be
eved that q. per will be declared for the
year. The expected advance in the rate caused ac-
tive buying OF the stock yesterday. Earnings for
the last week in February ncrease Si7 225 making
total gain since July of 81 531. .69l Southern Rail-
way common is being bought by we'll Informed
operators.
AMERICAN RADIATOR REPORT-The report
of the American Radiator Company for the year
ended January 81 shows net profits of $527 997
against s657 l61 in the preceding year and a balance
after dividends of s3l7ss7 against s4s9661 in the
wear before. The company's net quick assets are
S2OS4.92S.
GOAL SHARES.-Buying-o of the coal stocks came
from good sources and the Street put no confidence
in the labor reports from the anthracite coal
fields. There active demand for Reading
Erie and Ontario and Western. Vanderbilt in
terests have it is understood. been buyers Della
ware and Hudson for several weeks
SOUTH BUYING STOCKS.-Enormous buying
orders for stocks for the account of Southern and
Southwestern interests reported The rise in
cotton and the general prosperity of the South
have brought wealth to that part of the country.