New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-06-11
WALL STREET AND EXCHANGES.

WALL STREET AND exchanges.
| FOREIGN TRADTNG.-Foreign houses dealt in
about 70 900 shares which 5000 were sales ReaI
| zing in the Kaffir stocks on the settlement was
the fea tr1re of the London market. ana American
| stocks were to a large extent neglected The quo
ta+ions were wide and IN many cases almost noml-
nal Copso1s were a shade easier, and the general
market was dull Foreign advices Indicated 'la'
| limited business to be expected helole inc
commencement of the new settlement, while the
coronation festivities would also check tracing
| There was feature In money OF eAChdleo III
| any of the European centres
| STOCK LOAN QUOTATIONS.-Loan quotations.
were: Amalgamated Copper Anaconda American
| lee Atchson common and preferred, broohiyh
Rapid Transit Baltimore and Ohio common chi
| cago Terminal, Colorado and Southern, Deia"are
and Hudson Erie common first and second pre-
ferred Louisville and Nashville. Manhattan MIS-
souri, Pacific New-York Central NORTHWESTERN
METROPOLITAN Street Railway, Peoples Gas f1eau
ing first preferred Rock Island. St Paul Southerh
Railway preferred. Southern Pacific Sugar Renh-
ing Tennessee Coal and Iron. Union Pacific com
mon and preferred. United States Steel common
and preferred United States Leather preferred
Wabash preferred. Western Union and Repuohc
Steel common and preferred per cent
INTERNATIONAL STEAM PUMP COMPANh.
The International Steam Pump Company reports
net profits after all deductions for depreclatloi
and other charges for the year ended March 81 Oh
81 5I0 4ss Applicable to dividends. Dividends at the
c1'SNiiANA'''o
and per on the outstanding common can Ioi
81 O21 go leaving a surplus of $iSS 400
COAL ROAD LOSsES-The losses sustained by
the anthracite roads in the period OF the strike
IN October 1900 aggregated for all $iS25 in gross
and So 233 2s7 in net. The Reading systems gross
earnings for October 1900 decreased S30276 and In
net 81 2sS 927 as compared with the same month IN
1s99.
STOCK EXCHANGE sEATS-The dulness in
stocks has not Influenced adversely the price or
ferred on Monday $1,000 the price of all recent
sales of seats.
CHICAGO GREAT WESTERN DIVIDEND-The
Chicago Great Wester Railway Company has de-
clarad the regular seni-annual dividend Of 219 per
cent on it's preferred stock. payable July 81 Inc
company also declared the regular se1niannuai
interest Of , per cent its per cent deoenture
stock. paya BILE July Is
EXPORTS NEUTRALITY-SUSPICIOUS. or mer-
chsudise from New-York increasing. For the
week ended yesterday total exports amounted IN
value to $40 1872 500 against S.2l2l66 week ago ana
81 1913 76l in the week last year
WABASH Observation-Disclosures OF the wabash
,,.st.rn in the first week in June showed gam OF
81 o24 over the same week year ago FROM July
earnings have increased $lia5.36'-
WESTERN UNION DIVIDEND RECOMMEND
-Dl-The executive committee OF the Western
Union Telegraph Company has recommended 10
the directors the declaration of the regular quar-
terlv dividend of IL per cent.
ST JOSEPH AND GRAND ISLAND-ihe ao-
; i'''''N-
due to the expected acquisition OF the property oy
the Union Pacific In July
CANADIAN PACIFIC.-The decline In Canadian
Pacific was apparently due to iqudating sales tor
Montreal and Toronto account
ATCHISON.-Atchson was in good demand III
the loan crowd and it WAS actively bought for the
short account.
MANHATTAN Observation-Disclosures directors
have declared the regular quarterly DIVIDEND OF J
per
er , ot-rc u ,rr W AVS T&oSDS There has been
marked activity i'm the United Railways Company
of St Louis per cent bonds owing 10 the an
nouncernent of the May earnings. which were the
largest in the history of that company Gross
earnings show $56 $50. increase of S6d,"" or Il
ner cent over the corresponding month last year
The bonds closed s73s and interest bid. S'%I and
interest asked. Their yield appr"Himates Ia per
cent.
NEW PRESIDENT EF.ECTED.-Isaac l. Rice
president of the Consolidated Rubber Tire Com
many has heen elected the recently created office
as chairman of the Board Of Directors and as Such
will act in an advisory capacity to the ofhcerS OF
the company Van H Cartnell has been elected
president succeed Mr. Rice. and as such VIII act
az manager of the Company's business. Mr.. cart
nell has been connected with the company Tor a
number of years. and is thoroughly acquainted
with the rubber tire industry.
HAVANA ELECTRIC BONDS-Edward Sweet &
Co announce that they authorized by the Ha-
vara Electric Railway Company TO receive subscrip-
tons until the close of business on June 10 for 81
of he consolidated mortgage nfty-
wear gold bonds of that company. These bonds are
mart of an issue of $4,000 600 the remaining $2o0Jt
remaining in the treasury for future expenditures
on capital account The bonds offered are to be
used first to take up $5.0O0O00 of first mortgage
bonds s7GS second mortgage bonds and S9S20do
of counOn notes The balance of the proceeds will
be used to pay the floating debt for extensions and
ACQUISITION of property Subscribers to the
bonds must pay 1925 each bond upon application,
$3.50 on allotment and the remaining S6G5 July 10.
There is a simultaneous Offering of the bonds in
Montreal and London. The issue is redeemable
either in whole in part at 1G5 at the option of
the company February l. 1907. any Febru-
airy or August thereafter giving six months
previous notice Beginning January. 1906 bonds
may be drawn the sinking fund 105 pur-
chased for account of that fund a lower price.
The first coupon will be payable February 1903,
cordng the instalments paid by subscribers to
the issue
STOCKHOLDERS PROTECTIVE COMMITTEES
Upon the request of the owners Of a large amount
of the minority stock of the Burlington Cedar
Rapids and Northern Railway Company of Iowa
Benjamin Griffen. Irving X. Taylor and J. V.
Brookman have consented to act in behalf of the
minority stockholders as a protective committee
in the matter of the proposed leasing of the road
to the Chicago, Rock Island and Pacific road. The
net earnings of the Burlington. Cedar Rapids and
Northern. the committees circular says. up
. while the proposed lease o he
Rock Island is the basis of only 6 per cent
guarantee. meeting of the minority stockholders
| is to be held
LEAD MINING MEN HERE.