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

FOREIGN IkAplNNT--t pfViS'i ii'N'V9 $500 -
upward Of 5000 shares in the local market mostly
sales
STOCK LOAN oUOTATIoNS-There was good
demand in the stock loan department Of the Stock
Exchange for Atchison common. Baltimore and
Ohio Missouri Pacific. Norfolk and Western com
mon. Southern Pacific Sugar and Union Pacinc
common Loan quotations were: AmaIgamated
Corner Anaconda, American Ice Atchison com
mon and preferred. Brooklyn Rapid Transit, Balti-
more and Ohio common. Chicago Terminal, Col
orado and Southern. Delaware and Hudson. Erie
common first and second preferred. Louisville and
Nashville Manhattan Missouri Pacific. New-York
Central Northwestern, Norfolk and Western. Peo-
Pies Gas Reading first preferred. Republic Steel
common and preferred, Rock Island, St Paul,
Southern Railway preferred Southern Pacific.
Sugar. Tennessee Coal and Iron, Union Pacific
common and preferred. United States Steel com
mon and preferred United States Leather pre-
ferred Wabash preferred and Western Union.
per cent
JAMES J. HILLS INTEREST IN ERIE.-The
fact that James y. Hill vice-prGsident OF the Great
Northern Railroad. and son Of President Hill,
companied a party OF Erie Railroad officers on a
tour OF inspection OF terminal properties In Buffalo
a few days ago. Is indicative Of the establishment
Of closer relations that point between the Erie
and the Great Northern's lake line. James J. Hill
has potent voice in the management of the Erie
road. and is believed be his purpose TO make
that road the principal Eastern outlet of the Great
Northern system. Extensive terminal improve
the Grand Trunk. we'll the Erie and Great
Northern. will have interest Grand Trunk
trans into the Erie's Buffalo station.
Third Vice-President Daniel Willard. Chief En-
gineer Buchholz. Superintendent Slade and Freight
Traffic Manager Chamberlain were with Vice
President Hin in Buffalo last Thursday.
GILMAN, son & co To RESUME BUSINESS
SOON.-A representative OF the firm of Gilman
Son q Co. which suspended October Is, says
that a proposition has been made the creditors
v,bic IA is he we'd md IN is
hoped that the firm viii be bic resume business
soon. although nothing absolutely positive has as
yet been arranged.
DENVER AND RIO GRANDE ELECTION.-The
following officers of the Denver and Rio Grande
Railroad have been reelected for the ensuing year
Chairman. George j. Gould. president r. JET
fiery; cepresident and general manager Russell
Harding; secretary stephen Little assistant sec
rotary. J. g. Andrews; treasurer. j. W. Giluly:
assistant treasurer. Jesse hite general coun-
sci L. O. Wolcott The same men have been elect
cd to similar positions the Rio Grande Western
Railroad. except that W. F. Cotton is assistant
secretary.
APPLICATION TO LIsT.-The Terminal Rail-
ROAD ASSOCIATION OF St Louis has applied TO the
Ne"4ork Stock Exchange to list $4,000 additional
first consolidated mortgage per cent bonds
H. r. WINTHROP ELECTED-At n r,eetire
held yesterday. Henry Rogers Winthrop was elect
ed a director of the Lawyers Mortgage Insurance
Company of New-York
DELAWARE AND HUDSON ADVANCES
WAGES.-The Delaware and Hudson Conpanv an
nounces. according TO a Binghamton dispatch thar
1t VIII raise the pay of it's employees cent an hour
1t is said that this advance has been contemplated
by the company for some time
AN OFFERING OF INDUSTRIAL BONDS
Hallgarten & Co and Blair & Co. will receive sub
scrtpuons until the close of business on Noveroh sr
70 for NOoOo0o Virginia Carolina Chemical Com
panys per cent collateral trust sinking fund gold
bonds. running until October I 1912 The honde ora
offered at IS and accrued interest They are Sc
cured by deposit with the Central Trust COMPANY
Of New-York trustee of S9,Ss 800 of the capital
stock of the Southern Cotton OIL Company and
S2,209,2 200 of the capital stock of the Charleston
Mining and Manufacturing Company These Sc
curties cost the Virginia Carolina Chemical Com
pany more than $l3OOO.O0O. None of the three com
panies have any mortgaged Indebtedness and by
the terms of the trust agreement securing the bonds
no mortgage can be created by any of these COM
panies their present properties The net proAts
OF the Virginia Carolina Chemical Company for the
last fiscal after charging 1852 Os6 for deprecis
ton, S4SSSi. appca bic 10 the interest charge
of S3O,OOO on the entire issue of bonds In connec-
ton with the offering of these bonds the bankers
submit a letter from President 5. T Morgan of the
Virginia Carolina Chemical Company setting forth
detail the operations of the company both manu-
featuring and financial The bonds are to be re-
deemed at the rate OF $4,000 annually beginning
October l. 1904 at 1922 and the whole issue is sub
ject TO payment any interest period upon sixty
days notice. los
A PATENT SUIT.--A special dispatch from
Pittsburg says that the Morton Trust COMPANY
and the Pressed Steel Car Company have TODAY
brought suit against the Standard Steel Car
Company in the United States District Court Of
Western Pennsylvania for 100000 damages for in
fringing certain patents belonging 10 the Pressed
Steel Car Company. An official of the company
states that this only confirms what intimated
months ago. viz. that IL is difficult for any
one 10 build steel car without infrng cling some Of