New-York tribune., 1901-02-01
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London active
buyer in the local market. Foreign houses took
from 50ooO to 6Oc0O shares. including z0C00 shares
Of Union Pacific.
STOCK LOAN QUOTATIONS.-Loan quotations
Atchison common Manhattan and Louis
willie Nashville. I.a2: Atchison preferred Chi
cago. Burlington and Quincy Peoples Gas, Gen
eral Electric 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,
Brooklyn Rapid Transit. Tennessee Coal and Iron.
Southern Railway preferred. Baltimore and Ohio
common, Illinois Central, Federal Steel common,
American Steel and Wire common Erie common
and first and second preferred >; Third Avenue,
nat: Missouri Pacific. Northern Pacific common;
ST Paul. Delaware and Hudson and Missouri. Kan
and Texas common 1lz
SOUTHERN PACIFIC-Southern Pacific made
a new high record price on an enormous volume OF
dealings Halle 4 Stiegtz, Asiel & Co, W. T.
STOW & Co and Van Emburg & Atterbury were
heavy buyers. Traders bid the stock UP. and it
said that they were operating to catch large
dealer who is supposed 10 be short OF the stock.
4 rumor was circulated the Exchange that
three cornered deal on, involving Southern
Pacific Atchison and Rock Island Insiders in
Southern Pacific continue to express ignorance Of
the source Of the present buying IN the stock. II
has been reported that large purchases have been
made for Pennsylvania New-York Central interests.
bilts IS not clear.
WHEAT PROsPECTS-A St Paul dispatch says
that the winter wheat conditions thus far have
been identical with those OF last year. and fore
casters predicting a similar for grain
crops. II has been proved. however. that
ter whether the winter is productive Of snow
not. the grain crop depends upon rain plant
ing time and In the early growing season. Winters
with heavy SHOWS have been followed with light
crops and with big ones. and 80 have dry winters
with snow.
MOBILE AND OHIO-Mobile and Ohio opened
points above Wednesdays closing and higher
prices were predicted The stock will according 20
the terms ~ the deal with the Southern Railway.
become { per cent issue in 1902 The Southern
Railway issues strong in sympathy
ROCK ISLAND.-Rock Island Is being bought OF
the expectation of an increased extra dividend
declaration next month. The road could easily af-
ford to per cent. but there is ofhcial guar
antee that II will. point in favor Of Rock Island
is tina; in the last few years the company's mileage
and income have increased while the capital stock
has remained unchanged
FEBRUARY GOVERNMENT INTEREsT.-The
Treasury mailed checks yesterday for go 12s for
interest registered bonds and it is ready to pay
interest coupon bonds the amount Of ss6l sol
The disbursements of s2,92Os29 will tend 10 keep
down the cash balance. which has been growing Of
late in spite OF the heavy payments differences
between par value and present worth Of the bonds
exchanged under the Refunding law
NORFOLK AND WESTERN.-Norfolk and West
directors have declared the regular semi-an-
nual dividend of per cent the preferred stock
Nothing will be paid on the COMMON stock before
the end Of the fiscal year. Earnings Justify the
expectation Of a dividend in the summer
PACIFIC MAII4-The break in Pacific Mail was
due 20 selling induced oy reports from Washington
that the Subsidy hill would not become law The
news that the hill he sidetracked was
known i'm Wall Street hour before the report
reached the Senate from the committee room
STOCKS OF SMALL RoADs.-A feature Of YES
terdays trading the demand for stocks of
small roads that may some time figure IN alb
sorption deals Chicago Great Western. "Monon'
Cincinnati. Hamilton and Dayton and Des Mones
and Fort Dodge issues were examples of this ten
dency.
PENNSYLVANIA.--It is announced that Kuhn
Loeb & Co. have purchased from the Pennsylvania
Railroad Company slOOoO.co Pennsylvania com
pany 31s per 90 year gold trust bonds guar
anteed by the Pennsylvania Railroad Company
UNION PACIFIC DIVIDENDS-The directors
OF Union Pacific have declared the regular semi
annual dividends OF per cent the common and
per the preferred stocks
J. o. ARMOUR ELECTED ST. PAUL DIREC-
TOR-At the regular monthly meeting OF the St
Paul directors yesterday, ]. Ogden Armour was
elected 10 MI the vacancy in the Board caused by
been persistent rumors that James j, Hin president
be elected to fl the vacant directorship.
Charles Minzeshemer & Co. offer to investors
first mortgage per cent guaranteed gold bonds
and interest. netting per cent on the investment
Eben Stevens. who Is admitted to partnership
with Hollister BabcOck has been a member of
the New-York Stock Exchange for over four years
and connected with Ladenburg. Thalmann q Co
for the hast eight years.
DIVIDENDS TO BE PAID.-The Knickerbocker
Trust Company. Farson. Leach & Co. H. w Har-
ris & Co, the New-York Security and Trust Com
pany and Winslow, Lanier & Co will nav divj-
dends on number OF securities. lists OF which will
be found in another column.
GENERAL CHEMICAL DIRECTOR Iyar.
bert Bagg. assistant secretary OF the General
Chemical Company. was yesterday elected a di-
rector of the company In place OF Frederick Phil
lips. No changes were made in the list of Officers
CLEARING HOUSE COMAfITTEE.-The Build
ing Committee OF the Clearing House Association
in which is vested title Of the Clearing House
building. yesterday reelected without change
The COMMITTEES consists of President Williams of
the Chemical National Bank. President Simmons
OF the Fourth National. President Baker Of the
Nj Nafir darf NJ he Cal.