New-York tribune., 1902-04-16
WALL STREET AND EACHANGhS-

FOREIGN TRADING.-Foretgn houses sun
stocks on balance in the local market "e",'I7 "
about q 900 shares. In London the genera ''
1+ ,ras steady and it was particularly notceaole
that I'm spite of tine new war loan oi Sio''''''y.
o,s declined only /. per Nothing more
definite was known the question oi peaCe ~
South Africa. but the prospect was coiiSue,, ,t
boraful Arbitrage houses sold IN the loc''i mo-
ta,.. amounts of Southern Railway and 81 fau'
on the advance. .,...
sToCK LOAN oUOTATIONS.-Loan quotations
were. Amagamated Copper Anaconda Aiht'iI'l"
Ice Atchison common and preferred D'opN'S ."
Rapid Transit. Baltimore and ONO common Leo
ware and Hudson. Erie common. first ana set''1
...5 Manhattan Missouri Pacific New-i OH
central Netropolitan Street Railway, People
Gas Reading first preferred Repuphc H'eei -
mon and preferred. Rock Island. st td'''' ''''
Railway preferred Southern Pacific, Sugar. ZEN
,aesee Coal and Iron Union Pacific common anu
nrcf.r-ed United States Steel common and pre-
ferrad United States Leather preferred NapIsH
preferred Western Union. 5H5l2 per cent oi'''
and Southern 1: Louisville and Nnshvlle. @'t
THE COTTON OIL AND CHtMlOAh N'-H
pr>, ,TroH-Au indications point 10 an early
,rom,Ilsation OF the plan FOR the combination o'
the cotton oil cotton haling ana ferullzinE lh'et
eete The companies which will hgure pr"iil'i'e''S
in the consolidation are the virginia - '
CbauIcoI Company the American Cotton OH COM
D,r,. rho American Cotton Company ana 'he
planters Compress Company The two nfSI hd'i'"
companies control about two-thlrds OF 'ht t''''"
seed oil properties OF the country. ana besA"'S i''
f,ct,rin cotton oil they utilize their by-produetS
- -. ,r.e,ahle manufacture of soap, cattle feed
,raon,arrarine ammoniates, etc The Virginia
Carolina Chemical Company. besides being largely
in the cotton oil business, Is the largest manu-
factrer Of fertilizers in the South and practically
controls all its sources of raw materials Such a.
pbosphate rock sulphur etc. and In connection
with it's cottonsccd oil mills manufactures enough
ap,monate to meet the demands of the chemlc'l
company the company consumes more than $=""-
600 worth per annuml
so1-THFRN RAILWAY.-Over $4,000 shares Of
southern Railway common were dealt in IN the
first hour the largest ever recorded IN any one
stock on the Stock Exchange. Room traders
bought and sold all the up In lots varying
from 90 TO 75O0 shares. The heaviest buyers
were A. A. Housman & Co, Ladenburg, Thaimann
g 60 II Content & Co. NJ G. Bouvier, Clark
Dodge & Co. Strong, sturgis & Co. J. ; Bache
& Co. Wassermann Brothers and ]. ;. Harris u
% In the late dealings 23o0O shares changed
hands N 377s.
DETROIT SOUTHERN COAL OUTLET.-By
the election of + J. Lisman vice-president OF the
Detroit Southern Railroad Company. to the di-
rectorate Of the Ohio River and Charleston Rail-
road Company the former road has three repre-
sentatives on the board of the latter The other
directors are Samuel r. Hunt and Evans R Dick
The Ohio River and Charleston owns about sixty
miles of completed railroad and has one hundred
miles more graded. 1t is really an extension of
the Detroit Southern to the coal Helus oi west
Virginia.
OREGON RAILWAY AND NAVIGATION.-Ap-
plication has been made to the Stock Exchange to
list the Oregon Railway and Navigation Company
$l2i1 060 additional consolidated mortgage per
cent gold bonds of 1916.
CHICAGO ROCK ISLAND AND PACIFIC
Application has been made to the Stock Exchange
to list Chicago, Rock Island and Pacific Railway
Company 50 000O00 additional general mortgage
per cent gold bonds of 1885.