New-York tribune., 1901-06-14
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London prices for Amer
securities were irregular and arbitrase houses
not active in the local market Total deal
inss amounted to about $500 shares, with sales
outnumberng purchases.
STOCK LOAN QUOTATIONS.-Loa quotations
were: Atchison common, 2l2; Atch:son preferred.
Chicago, Burlington and Quincy Peoples Gas.
Southern Pacific, Wabash preferred, General Flee
.tric. Missouri Pacific New-Ycrk Central. North
western. Amalgamated Copper. Reading first pre-
ferred St. Paul Sugar. Union Pacific common and
preferred, American Tobacco common, Continental
Tobacco common, Anaconda, Manhattan, United
States Leather preferred. Brooklyn Rapid Transit,
Delaware and Hudson. Tennessee Coal and Iron.
Western Union, Southern Railway preferred. Louis
vile and Nashville Baltimore and Ohio commoa
United States Steel common and preferred, J;
Mort hern Pacific preferred 2; Rock Island. L.
Pennsylvania. fiat
BUYING OF CAR AND FOUNDRY.-Various re-
ports We're put regarding the source of buying
in American Car and Foundry stock. on heavy
volume OF business the common advanced points,
and on a good investment demand the preferred
was up about l point. 1t reported that the
PENNSYLVANIA Railroad buying the
stock while it also said that the stock was
being bought the belief that the dividend would
be raised TO per cent 1t may be said author
ity of the insiders in the company that the divi-
dend will not be raised this year. The company
is now engaged in increasing its working capital
TO $l2c@@0 out of earnings, and as this operation
Will not be completed this year IL can readily be
seen thdt higher rate is probable a present
Al current prices the preferred stock is the cheaper
OF the TWO as on the investment basis the pre-
ferred as a . per cent stock should. with the com
mon d ; per cent stock selling at "a, sell many
points above par.
BALTIMORE AND OHIO-The suit brought in
Maryland 10 determine whether Baltimore and Ohio
preferred is entitled to pro rata excess OF dvf-
dendS above per cent each class of stock has
been decided by the Court of AppcaIs in favor oF
the common stockholders The decision helped the
common stock. Notwithstanding the belief in some
circles that the Pennsylvania interests who con
troll would oppose paying at higher rate than is
paid at present.
APPLICATION To LIST.-The committee on
stock list of the Stock Exchange has received an
application 10 list the following: Chicago Great
western hallway Company, 100000 additional
per cent preferred stock s. 500 OOo additional
per cent debenture stock
AMERICAN I.INSEED MEETING AND ELEC-
TION-At a meeting of the board of directors of
the American Linseed Company. Frederick T
Gates was elected president. to succeed Guy V.
Major. resigned. and W. II. Jones was elected sec
rotary to succeed G. T. Highley. resigned.
ECtADORIAN BOOKS CLOSED.-The subscrip-
ton books Of the per gold bonds offered by
the kcuadorian Association, Limited. closed yes
terday at noon. These bonds had been underwrit-
ten before the books were opened. The bond is
qull ana Quito road and by the first lien on the
customs OF Ecuador. which amount to over 100000
"a year No stock Of the road itself sale
Applications will be made 10 list the per cent
gold bonds Of the ECuadorian Associate on the
Nrw-iorH and London Stock exchanges.
DIVIDENDS DECLARED.-The Mergenthaler
Linotype Company has declared a quarterly divi-
dend Of 2iz per cent payable on June %. The
Western Union Telegraph Company has declared
d dividend FOR the quarter Of ~ per cent.