New-York tribune., 1902-01-25
WALL STREET AND EXCHANGES.

10000 shares. There fair demand 1or ANA
conda. In the London market priceSfpor "Aneri-
cans were firm but home securities were heavy.
Paris exchange on London was frmer, while money
at all foreign centres was easy.
STOCK LOAN QUOTATIONS-There but
little inquiry in the stock loan department Of the
Stock Exchange yesterday. Loan quotations were:
Amalgamated Copper. Anaconda, Atchison common
and preferred BROOKLYN Rapid Transit. Baltimore
and Ohio common. Delaware and Hudson, Erie
common, first and second preferred Louisville and
Nashville. Manhattan. Missouri Pacific New-York
Central. Peoples Gas. Reading first preferred.
Rock Island. St. Paul. Southern Railway preferred
Southern Pacific Sugar. Tennessee Coal and Iron,
Union Pacific common and preferred, United states
Steel common and preferred, United States Leather
preferred, Wabash preferred, Western Union, Chi
cago Terminal, Republic Steel common and pre-
ferred 31a per cent.
HEAVY ORDERS FOR CARS-The American
Car and Foundry Company has received the follow
ing orders Missouri Pacific 800 stock cars; Pitts
burg and Lake Erie 1000 cars; ST. Louis and San
Francisco, 10 box cars; Southern . combination
and postal cars; Denver and Rio Grande, 500
stock cars; Louisville and Nashville, 1000 box cars
San Pedro. Los Angeles and salt Lake. 16 passen-
ger Atchison. 30 refrgerating cars; American
Refrigerator Transit 900 cars; FL Paso and North
ass freight and passenger cars; rs nliscel
laneous cars. Southern Indiana is having 800
freight built. Iowa Central has ordered l5O
stock Rock Island has ordered so ballast
cars. Omaha has ordered 600 freight cars.
DEMAND FOR PUMP SHARES.-An Investment
demand for International Pump common stock de-
ve.opcd in yesterdays market and the price sold up
to 80, the best quotation recorded by these
shares. AS Pump common is regular per cent
dividend basis # is surprising that careful in
vestors are buying the issue at current cheap fig
ures The company is earning at the rate OF 10 per
cent its common stock. Eventually tho dividend
will be advanced to a higher rate but the
present per cent basis the yield at market values
is per cent. The company's foreign business is
enormous resent income from this source for only
a short period being $500 600.
INTERNATIONAL AND GREAT NORTHERN.
Application has been received by the committee
on stock list, New-York Stock Exchange to list
pany $4,000 additional first mortgage per cent
bonds OF 1919. and $4,000 additional second mort
gage per cent bonds of 1909.
COLORADO MIDLAND BoNDs-The activity in
Colorado Midland 81 per bonds 70 be
based on the good business which all the roads in
Colorado enjoying. and also the fact that at
the present prces-Ss4-they yield about 47s per
cent. with every chance of substantial apprecia-
ton in the price. The entire outstanding stock of
the Colorado Midland is owned Jointly by the Colo
rado and Southern and the Denver and Rio Grande
companies
GRAIN EXPORTS" -"Bradstreet's" reports the
exports OF wheat for the week $685. bushels,
against 2o2 bushels last week and ASS 67s bush
els last year. Since July !. 1s1.sH152 bushels.
against 1l2 2l $50 bushels last year. Corn for the
week aggregated 1880 bushels. against 2ss 0es
bushels last week and 3.972153 bushels last year.
Since July l. q 435 2S7 bushels against u2.764 737
bushels last year.
PEOPLES GAS DIVIDEND.-As recently fore
shadowed in The Tribune. the Peoples Gas Com
pany made reduction in its dividend rate at
yesterdays meeting OF the directors. The regular
quarterly rate OF ~ per cent was declared
SILVER EXPORTS-The steamship Ivernia,
sailing for Europe to-day. will take out $4,000
ounces Of silver. shipped by the United Metals
Selling Company.
WABASH EARNINGS-Earnings OF the Wabash
Railroad Company for the third week in January
show gain OF s4o247. From July l gross earnings
have increased $947.703
CONSOLIDATED EXCHANGE MEMBERS
Victor Sutro. Roscoe Conklng and Julian Stern
berger yesterday elected members OF tire
Consolidated Stock and Petroleum Exchange.
STOCKBROkER REINSTATED.-R a. Johnson.
of Washington has been reinstated 70 full
membership in the New-York Stock Exchange.
Mr. Johnson the board member OF the firm
OF Gurey q Johnson who became financially en-
barrassed several months ago. He has met his
obligations, and his restoration 10 all the privileges
Of the exchange follows.
CORN EXCHANGE BANK-Directors of the
Corn Exchange Benk have been elected for tho
year as follows: David Bingham Thomas T. Barr,
William A. Nash. NJ B. Fielding. Rowland Davis.
Clarence II, Kelsey Leonard J. Busby, John VI.
Bowers William Rhinelander Stewart William II
Nichols. Anthony N Brady, Alfred c. Barnes
Walter E. Frew. William F. Havemeyer r. r.
Cable and William H. Baldwin, Jr The directors
reelected William a. Nash president, Thomas T
Barr and Walter z. Frew vice-presidents and E T
Martin cashier.
NOTICE TO HOLDERS.-Holders of the issue Of
s. 100000 mortgage bonds OF the Colorado Coal and
Iron Company. due February l. informed that
the principal of these bonds. together with the
February coupons. will be paid on and after that
date at the Office of Blair & Co., No. 3s wall-st
the fiscal agents of the Colorado Fuel and Iron
Company.
OFFER TO INVESTORS.-The First National
Bank. of this city and Drexel & Co. of Philadel-
pha, offer to investors s4,0Oo,OOO Reading Company
Jersey Central cola tera per fifty year gold
bonds 951A and interest. These bonds were issued
to provide part OF the cost to the Reading company
of $4,000 shares of the capital stock of the Central
Railroad Company of New-Jersey, being a majority
of its capital stock. The bonds are the direct III
solute obligation of the Reading company WHOSE
surplus earnings over all charges the last fiscal
year were 266S,G00 and secured by a collateral
trust indenture pledging all of 200 shares of the
Central Railroad of New-Jersey purchased Tho
market value of this stock at 100 is s27 765OGs In
addition thereto 29900 shares of the capital stock
of the Perkiomen Railroad Company being the
whole of its capital stock. shares reserved
to qualify directors. and also 44OO shares OF can't
tai stock of the Port Reading Railroad Comnanv
are pledged under the bonds. The bonds are re-
deemaole upon six months previous notice on anv
interest date after April 1906 at 105 and interest
The present net earnings of the Central Railroad
of New-Jersey are largely In excess of 4 nor cent
now paid on its capital stock The dividend ar tbis
rate Is more than sufficient provide for the in
terest on this issue OF collateral bonds with
out calling at all upon the Reading company.