New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-04-24
WALL STREET AND EXCHANGES.


about 10000 shares, buying $4,000 shares on oai-
ance. The volume of trading in Americans In Lon
don appreciably smaller but the tone was eoou
and most of the active issues showed advances on
parity The Mexican stocks were heavy In sym
pathy with the weakness in silver The general
market presented little feature Of interest, ana
Kaffir stocks steady. 1t was not anticipated
that there would be activity in this department
until peace negotiations were resumed Cohsois
nottceabIy firm at 9414. Paris exchange on
London continues strong. Money was fairly easy
in all the European centres.
STOCK LOAN QUOTATIONS-Loan quotations
were: Amalsamated Copper, Anaconda, American
Ice, Atchison common and preferred Brooklyn
Rapid Transit, Baltimore and Ohio common, Chi
cago Terminal Delaware and Hudson Erie COM
mon first and second preferred Manhattan Mis-
souri, Pacific, New-York Central, Northwestern.
Northern Pacific preferred, Peoples Gas. Reading
first preferred, Republic Steel common and pre-
ferred, Rock Island. st. Paul. Southern Railway
preferred. Southern Pacific. Tennessee Coal and
Iron Union Pacific common and preferred. United
States Steel common and preferred United States
Leather preferred. Wabash preferred. Western
Union, ~ per cent; Sugar, 31ad4; Louisville and
Nashville. Colorado and Southern. 4
ST. LOUIS AND SAN FRANCISCO.-"The Wall
Street Journal says tnat there is little pros
pect that any dividend will be paid on st. Louis and
San Francisco common before the end of the hscal
year. and its payment then depends altogether on
conditions that time In the first place. the COM
tending lines. which will considerably impair the
surplus otherwise available for dividends. 1t is
considered wise, moreover. to await the develop
ment of crop prospects before starting the pay
OF dividends"
CONSOLIDATED TOBACCO BONDS. There
was a heavy business in Consolidated Tobacco
per bonds at advancing prices The buying
largely by interests identified with the COM
pany. These bonds reckoned by pond experts
as among the best bargains on the list The re-
TrNV11 frG hn16
ings of American Tobacco and Continental Tobacco
stock is far in of the requirement for in
terest on the bonds and in addition there is a
fund of $50 600 900. which serves as guarantee
of the payment OF the interest the bonds.
SECURITIES LISTED.-The following securities
have been added to the Stock Exchange list: Mis-
souri, Kansas and Texas, 100000 additional first
mortgage extension per cent fifty year sold
bonds of 1914; 100000 additional capital stock OF
the Louisville and Nashville; $4,000 additional
common stock of the Missouri. Kansas and Texas
Railway Company; S2.27s 600 additional Montana
extension first mortgage fifty year per cent goId
bonds of the St. Paul Minneapolis and Manitoba
Railway Company: s1.24l00 additional consolidated
mortgage per cent gold bonds Of 1916 Of the ore
gon Railroad and Navigation Company: 100000 ad-
ditional general mortgage per cent gold bonds
of 1883 Of the Chicago. Rock Island ana racine
Railway Company; $49S.000 additional deoenture D
per cent twenty-five year sinking fund gold bonds
OF 1925 of the National Starch Company; 100000
Mercantile Trust Company deposit receipts for
second mortgage per cent gold income oohds Oh
the St Louis Southwestern Railway Company
$40 600 Oo per cent serial debenture gold bonds OF
the Atchison Topeka and Santa Fe Railway COM
ror,,. g on COO first refunding mortgage 3is per
cent bonds of 2o00 of the Morris and Essex f<al1-
road Company; S5,452cOo fiji mortgage oonds OF
1920 Of the American Steamship Company or west
Virginia: s2666.201 per cent cumulative pre-
rsrred stock and S43f.10o common stock Of the
Corn Products Company.
COTTON OH. OBSERVATION-DISCLOSURES OF an
impending consolidation of the American Cotton
on comnany and the NEUTRALITY-SUSPICIOUS. Chemical
Con,nsny are believed in Wall Street TO be techni-
cal II IS thought that the American Cotton Prod
ucts Company. which has been incorporated IN
New-Jersey with nominal capital or S5op IS 10
absorb the two companies named. and several cot
ton compress and other companies Inc maj
amount of the capital OF the Cotton Products
Company has not been determined but is under
stood TO depend the number or concerns 10 De
taken in It Is reported that Cotton OIL common
and Virginia Carolina common stock VIII De re-
ceived in the consolidation at the equivalent OF
20 to % points above current market prices
DIVIDEND DECLARED.-The American Ex-
change National Bank announces a semi-annual
dividend of per cent. payable on May l.
AI.IIS-CHALMERS COMPANf--At the regu-
lar Quarterly meeting OF the board of directors
held in this city yesterday the usual quarterly
dividend of ia per cent on the preferred STOCK
of the Allis-Chalmers Company was declared.
paya BILE Nav l. 1902 stockholders of record at the
close of business April %. 1902. No dividends on
the common stock anticipated while the new
shops at West Als. near Milwaukee, are in proc
of construction
AMERICAN CAR AND FOUNDRY.-The Amer
lean Car and Foundry Company has just received
an order from the St Louis and San Francisco
road for several thousand cars also heavy order
from the Delaware and Hudson. 1t may be stated
on authority that the companys earnings for
March amounted TO $4,000 net, and that the April
earnings are at the rate. An investor identi-
fed with the American Car and Foundry Company
said Yesterday that there were now enough orders
on the books and orders that practically booked
to keep the company's works busy throughout the
wear and far into 1903 He also said that the APP
parent falling off in earnings In the last published
statement was due to the companys inability to
get structural material. Arrangements have since
been made by which material will not be wanting.
Investment buying of the preferred stock con-
tinues.