New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-03-07

common and preferred. Baltimore ana Ohm
man. Delaware and Hudson. Erie common. ars,
and second preferred Louisville and Na.hvT,
Manhattan. Missouri Pacific. New-York Cent?
Peoples Gas Reading first preferred. Rock Islard
St Paul. Southern Railway preferred Souths
Pacific, Sugar. Tennessee Coal and Iron Irnio
Pacific common and preferred United States So,
common and preferred. United States Learn.
preferred. Wabash preferred. Western Union
Brooklyn Rapid Transit. Chicago Terminal and
Republic Steel common and preferred zlzG21 n.-
cent -
GENERAL ELECTRIC.-GeneraI Electric ma.
new high record price. 1t sold at SO2 and closed
at 300
AMERICAN GRASS TWINE-The OUTPUT O, -.
American Grass Irvine Company is to be doubIsS
this year. The company has made large contrac,,
with Marshall Field & Co. and the H. B. Claai1
Company. The company has 81 100000 OF stock d,
its treasury unissued.
INVESTMENTS AS LOANS.-It is the prac,,c.
of some banks TO count bond investments as loan,
in reporting to the clearing house. In making
statements to the Controller of the Currency. how
ever, the banks are required TO separate the items
into loans and investments. bank which re-
Gently reported the clearing house loans OF ovsr
SOt00Oo showed in its report the Controller thar
something less than SSO.OOOOO0 was actual loans
while the remainder Investments
ERIE-In the six months ended December n
the Erie Railroad earned above fixed charges
rentals and taxes. surplus of S5Ss.O1s. which I.
equal TO dividends at the of per cent on IN.
first preferred stock. per cent the second pre-
ferred and 4 of per cent on the common Will.
the company charged up to fixed charges interes,
at per the $32 100000 bonds issued to paw
for the Pennsylvania Coal Company's stock which
il has in its treasury it did credit itself with
the large dividends which will be paid this stock
To the Erie before the close OF its fiscal year.
ANOTHER CONSOLIDATION was reportAS
that the Hartman interest had taken over tina
Gates holding of Kansas City Southern and 1her.
rumOrs of a consolidation Of Western and
Southwestern roads to give another outlet from thu
Pacific the Gulf.
INCREASE IN CAPITAL~-It Is said that III.
ChOctaw. Oklahoma and Gulf Railroad Is TO in
crease its capital stock for the purpose Of DUR
chasing the Choctaw Northern road. which con-
meets with the first named road at Gary. Okla and
extends north through Oklahoma and Southern
Kansas for a distance of about 1SS miles. traffic
agreement exists between the two companies. and
the amount of business interchanged has been
large. The increase in stock is expected 10 BE-
probably, 100000 preferred and 81 10000 common
CORN PRODUCTS CON1PANY-Holders OF GER
tifcates of deposits issued by Cuyler. Morgan &
Co. for shares of the Glucose Sugar Refining and
the National Starch companies informed that
the banking house mentioned will on March %
deliver those certificates the shares Of the Corn
Products Company TO which they entitled. The
and will issue convertible scrip for fractions OF a
share Dividends on Glucose Sugar Refining pre-
adjusted and paid up to March l. Provision Is
made for the acquisition of additional shares OF
the two companies by the issuance of preferred
and common stocks Of the Corn Products Com
Cular of February 8 at such times and upon such
terms the bankers may determine.