New-York tribune., 1902-01-19
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-ForeiGnh houses were not
active in the local market. Total dealings were
less than 1000 shares mostly purchases
INTERNATIONAL PUMP.-The condition of the
International Pump Company January showed
orders on hand amounting to s5.cO0C0O. rs against
orders OF S5O00OO at the corresponding time year
ago. The company on January had material on
hand and paid for amounting to - 100000; bills and
accounts receivable. $2.75OO00. and cash 500 OOo
The company's foreign business Is enormous and
net income from all sources is at the of more
than 10 per cent on the common stock which is on
per cent basis. The company's business is in
creasing at a rate which demands more plants and
property has been bought in New Jersey for the
extension of the companys facilities. This pur-
chase was made out of earnings. Eventually the
common stock will receive as high dividends ms
the preferred and I'm view of this fact and Of tha
present return the investment the current mar
ket quotation is remarkably cheap
THE COTTON MOVEMENT.-According to ."Tbe
Financial Chronicle the total receipts of cotton
for the week ended January II reached 22s 4S6
bales against rs SOS last week and POI IA the
GUS week. making the total receipts since September
l. l90l 539S Si7 bales, against 5O7 6S2 for the same
period OF l%O-O showing an increase since Sep
tember l. 1901. of 39 l65 bales.
SECOND WEEK Observation-Disclosures report-
ing for the second week in January show heavy
gains the time a year ago Chicago and
Eastern Illinois increased $23 600; Chicago Great
Ha so SSrl0 ,9 ana Western $6 Mex
Denver Rio Grande $3.50: Mssour o Ksnsa; sisiS;
shows decrease Of S2,974 and Toledo ST. Louis ana
Western one of S,g72
AMERICAN TOBACCO.-AmericGn Tobacco
stock on dealings of 200 shares advanced Is points
10 25O The Consolidated Tobacco bonds were the
leading features in the bond market total trans
actions amounting In par value 81 $40 400 at an
advance of nearly points.
SECURITIES OFFERED.-Sutro Bros & Co. of
No. % Broad-st members of the New-York and
Philadelphia Stock exchanges. are Offering a list
or gold bonds investment securities Among
ihem iiem are the Union Pacific Railroad Company first
lien convertible per cent gold bonds due 1871.
New York and Harlem Railroad Company refund
ing mortgage 3i2 per cent gold bonds due 9O,o.
Plttsbnrg, Cincinnati; Chicago and st. Louis Rail-
way company consolidated mortgage 3Is per cent
goId bonds, Series r, due 1919: Third Avenue Rail-
ROAD company first mortgage per cent gold bonds
due 1885, New fork, Pennsylvania and Ohio Rail-
road company prior lien mortgage Az per cent gold
bonds, due 1895; Oregon Railway and Navigation
company consolidated mortgage per cent gold
bonds: due 1916 Erie Railroad Company first Con-
soldated mortgage per cent gold bonds due 1890.
chesapeake and Ohio Railway Company Rich
mona ana Alleghany Division, second consolidated
mortgage per cent gold bonds. due 1889: Metro
pontan street Railway Company general mortgage
ana colaterai trust per cent gold bonds due 1897
SIOCh EXCHANGE EXTENDS ITS LEASE
Inc STOCK Exchange. il is learned has arranged
Ao' al extension Tor six months from May 1 of i,s