New-York tribune., 1902-08-21
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London soid ABOUT
twenty-five thousand shares in the New-fork
market. The sales well distributed among
the active stocks. The London market for Amer
lean railway shares opened strong, with LOUIS
VILE and Nashville the active feature, and ruled
strong throughout the day.
FINAL LOAN QUOTATIONS.-Findl loan quo
tations were: Amalgamated Copper Anaconda
American Ice Atchison common and preferred,
Brooklyn Rapid Transit. Colorado Fue! ana lron'
Canadian Pacific, Delaware and Hudson, Erie
common and first and second preferred, LoulsVllie
and Nashville, Manhattan. Missouri Pacific New
York Central Northwestern, Metropolitan Street
Railway. Peoples Gas, Reading first preferred
Rock Island, st. Paul. Southern Railway pre-
ferred. Southern Pacific. Sugar Tennessee Coal
and Iron, Union Pacific common and preferred
United States Steal common and preferred. tn1teo
States Leather preferred Wabash preferred
per cent: Western Union loaned fiat and was In
good demand.
MEXICAN NORTHERN DIVIDEND.-The Mex
lean Northern Railway Company has declared the
regular quarterly dividend of Il per cent, payable
September stock of record on August %
APPLICATION TO LIST.-The Chicago. Burl-
ington and Quincy Railway Company has made
application to the New-York Stock Exchange to
list $10SS7OoO additional Illinois division 3l2 per
cent bonds of 1919.
COUPON PAYMENT.-Coupons No. g. due on
September /. on the oregon Short Line Railroad
Companys income A bonds. heretofore paid by
the Guaranty Trust Company of New-1o Will
be paid at maturity the Office of the treasurer,
No. 12e Broadway
PRESSED STEEL CAR.-The Pressed Steel Car
shares displayed considerable strength From a
trustworthy source 1t is learned that the Pressed
Steel Car Company. since President HorstofS re-
t'irn from Europe. has booked a very large amount
of work said amount to over S20EOoW Among
the items composing this business are said to be
10 coo cars for the Pennsylvania system 12eo cars
for new equipment and 5000 for what is known
as vacant numbers. From the same source II is
learned that the Pressed Steel Car Company mas
already quietly contracted for machinery, anu Is
now erecting buildings which will largely increase
its capacity and put it in position TO take care
not only of its present large business. but addi-
tional business which is offering IT is pointed out
that the fact that such large railroads are not '
ordering their equipment of steel. but are re-
placing the vacant numbers in their old equipment
with steel cars indicates the rapid replacement OF
wooden cars with steel just as steel orldges
ror,aced rho iron bridges and steel rails the iron
rails.
SUBWAY CERTIFICATES READY. - August
Belmont &, Co announce that the voting truSl
certificates representing stock of the Interborough
Rand Transit Company are now ready TOT "t-
livery and holders OF certificates of deposit OF stock
OF the Rap pd Transit Subway CONSTRUCTION com
nanv and holders OF certificates Of subscription lot
stock Of the Rapid Transit Subway Constructo"
Company are present such certihcates pronP'iS
at the firms office No % Nassau-st.. for exchange
for the new voting trust certificates In accord
ance with the agreement dated December 10 1901
holders OF certificates Of deposit Of stock OF me
subway construction company will receive i5o per
cent in fun paid voting trust certificates for each
-, - s,ocl, dsnositcd Holders of certificates
Of subscription for stock Of the subway operating
cornpany viii receive voting trust certificates rep
resentlnE the stock subscribed for with the - per
cent already paid in ndorsed upon such GER
tidcatcs
WESTERN MARYLAND MEETlNH--lhe ne meet
ing Of he directors of the Western Maryland tNail-
road Company called for to-day in this city was
adjourned until August 26 without acting. because
~ the failure to secure a quorum. Baltimore
dispatches say that the affairs Of the syndicate
which bought this road VIII be wound mp soon and
The syndicate dissolved.
CT IOr-Is AND SAN NCIsCO-President
r = Yoaklim Of the ST Louis and San Francisco
Railroad was in this city short ume yesterday,
having returned from brief Western trlp' ana
said there was nothing new to report win respec'
70 the purchase Of the Chicago and Eastern ILLINOIS
TrriS