New-York tribune., 1901-10-08
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADINC.-London sold upward of
10000 shares in the local market Selling of Atch
heavy by houses that had recently been
active buyers.
STOCK LOAN oUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda, Atchison
preferred, Brooklyn Rapid Transit, Delaware and
Hudson. Erie common, Erie second preferred
Louisville and Nashville. Manhattan. Missouri Pa
cific, New-York Central. Rock Island. ST Paul.
Southern Railway preferred. Southern Pacific
Sugar, Tennessee Coal and Iron. Union Pacific pre-
ferred United States Steel common and preferred
United States Leather preferred Wabash pre-
ferred and Western Union, 31sd4 per cent; Union
Pacific common. 3@311; Atchison common Balti-
more and Ohio common, Erie first preferred. and
Republic Steel common and preferred, 3. and Chi
cago Terminal, g.
STRENGTH IN EXCHANGE.-Streng In the
sterling exchange market due in great part TO
the demands from foreign banking houses to pay
loans maturing abroad. Large loans made by local
bankers in the foreign markets now being paid
off by borrowing from the banks in New-York. In
addition to this influence upon the exchange mar
ket, there is good demand for remittance on ac-
count of American financial operations abroad
such, for instance the big tobacco deal recently
made by American capitalists. Obligations of this
character offset big export trade and make
gold imports improbable.
MOODY'S MANUAL FOR 19Ol.-The 1901 edition
of Moody's Manual of Corporation Securities. pub
lshed by John Moody & Co.. No. So Nassau-st,
has been issued. The edition contains over
four hundred pages than that for 1900. and
not only the industrial investment field. but
also embraces sections devoted to reports prac-
tically all the gas electric light, street railway
and steam railroad corporations of the country.
These improvements naturally increase the scope
of the book very materially, and greatly enhance
its value as a reference book to investors IN all
classes OF securities.
SOUTHERN PACIFIC-Gross earnings of the
Southern Pacific system In August s71Sa,692.
a gain of 81 S6, $50 over the same time a year ago.
Net earnings Increased s73l.13s After charges,
rentals and expenditures betterments and addi-
ions there balance of s6l1. 800 for the month.
making a balance of 81 ia for the two months
of the fiscal year The policy of the company In
putting large amount of money into the prop
erty is reflected in the item OF S542.oSs for the
two months for betterments and additions.
TRACTION SHARES.-Brooklyn Rapid Transit
declined four points. recovering little before the
close Other traction shares were weak. The pos
sibty of the Franchise Tax law being indorsed
by the courts and the expected bad annual report
by the Brooklyn Rapid Transit were the principal
reasons for the decline.
ATCHISON.-Atchison common Is being bought
on the assumption that the directors will advance
the dividend rate per cent this week Although
the company's earnings have been beyond per
cent on the common stock conservative interests
do not favor an addition to the dividend outlay
this wear This issue was a strong feature yester
day
CLEVELAND AND NEUTRALITY-SUSPICIOUS.
has been made to the New-York Stock Exchange
to list sssOO additional general mortgage S'a per
cent bonds of 1850 Series d" of the Cleveland and
Pittsburg Railway.
UNITED STATES EXPRESS COMPANY.-The
directors of the United States Express Company
have declared a semi-annual dividend of . per
cent Dividends likely to continue hereafter at
the rate of per cent year. The last preceding
dividend IL per cent