New-York tribune., 1902-01-03
WALL STREET AND EXCHANGES.

FOREIGN TRADINC.-FOreign houses traded In
about $4,000 shares, sales outnumbering purchases.
There was a fair deman nd for the steel shares and
Baltimore and Ohio.
COLORADO AND SOUTHERN.-Earnings OF the
Colorado and Southern continue to show marked
gains, both in gross and net receipts. For No
vember gross earnings increased S5,154 and net
earnings increased after taxes and expenses sS67O5.
From July gross earnings have increased S2S9 51i
and net earnings. after expenses and taxes, SSl4+
The company's fixed charges for the year call for
s7lss76 Last year there balance after
charges of $405 64S. AT the current rate of gain
there will be a balance Of about $65O0OO applicable
for dividends about per cent on the first and
second preferred stocks Last october IL per cent
was paid the first preferred
PEOPLES GAS.-The next dividend People s
Gas stock will be the usual rate of per cent
for tho year. There will be reduction on ac-
count OF the increased tax assessment. Good buy
ing Of Peoples Gas stock Is due 10 the information
that the companys earnings are large enough TO
stand Increased taxes without reducing the divi-
dend.
PRESSED steel. CAR.-Pressed steel car Issues
were strong good class OF buying. The com
pany's plants have been brought more up to date
through increased expenditures. but the period of
heavy expenses Is about over, and as a conse-
quence net earnings will be much larger from now
The companys business is so heavy that the
management no longer employ soliciting agents.
AMERICAN LINSEED COMPANY.-Guy e.
Major who for some time has been acting man
aRer OF the American Linseed Company. has
cred his connection with the company in that capao
ity. His successor has not yet been appointed
Temporarily the company will he under the dlrec-
ton Of two Of the present office force. Mr.. Majo
now becomes associated with Homer Wise In the
management of the Union Lead and oil Company
HEAVY BANK DIVIDEND-The Bank of New
Amsterdam has declared special dividend OF 50
per cent IN addition TO its per cent quarterly dvi-
dend and another special dividend OF ~ per cent
within the year For the twelve months the profits
shared among its stockholders amounted TO 100 per
a capitalization of $25OOO0. The bank has
also added about 100000 to its surplus. year ago
its surplus was $250OOO while now II Is $4,000 or
twice its capital stock.
AMERICAN GRASS TWINE.-The West
Superior plant of the American Grass Twne Com
pany started up in full operation yesterday. The
Paul will up in ten days. OHicers of the
company report that all plants fun of orders.
BURLINGTON'S EARNINGS.-Earnin OF the
Burlington system for November showed an in
in gross Of $500 479 and gain in net OF 1926
749. For the first five months OF the fiscal year
surplus after charges was s., ,52.3S4 increase OF
1921, ,90l
COPPER EXPORTS.-Exports of copper for De-
cember $500 tons. The total exports for 1901
less than those of 1900 by SO $50 tons.
NEW MEMBERS OF STOCK EXCHANGE
bers of the Stock Exchange yesterday.
TRUST COMPANY OF AMERICA-President
Ashbel p. Fitch OF the Trust Company of America
in his report shows that. at the close OF business
on December 81 1901 the undivided profits inCreas
this year from $245S94 to $4lS345, and the deposits