New-York tribune., 1902-01-29
EXPORTS OF MERCHAyD1sr
WALL STREET AND EXCHANGES

HEAVY FOREIGN BUYING.-ForeiEn houssx
estimated that upward of fifty thousand shar..
were bought in the local market for London a.
count The heaviest trading was IN AmaIgamatsa
copper. Anaconda and United States Steel In m.
London market prices were strong in ths sr.ar-
noon. with buying for New-York account IN +h.
American department The fortnightIy settlerna,,
went through smoothly. with the contaugo rat. a,
Americans" from TO per cent
STOCK LOAN QUOTATIONS-Loan ouotat,o,,
were; Amalgamated Copper. Anaconda Atchison
common and preferred. Brooklyn Rapfd TRANSIT
Baltimore and Ohio common Chicago -rarr,,n.I
Delaware and Hudson. Erie common first and ssc
ond preferred. Louisville and Nashville Msn.,,
tan. Missouri Pacific, New-York Central PeonIa,.
Gas Reading first preferred. Republic Steel COM
mon and preferred. Rock Island St Paul so,,+b-
ern railway preferred, Southern Pacific Sugar Ten
nessee Coal and Iron. Union Pacific common and
preferred. United States Steel common and urs-
rerred. United States Leather preferred Wabash
preferred and Western Union. 212Qs per cent
SUGAR AND COPPER.-Sugar and copper
shares We're both active, strong features Ths ad-
vance In sugar stock due TO the expectation ~
an advance in the price OF refined sugar Lower
" ali Street was buying, and IL was said thar ths
pronts on raw sugars at present prices were vsrv
large Amalgamated Copper was consuicuouslv
strong with continuance OF London buying altar
the market on the other side had closed. Ths
price OF copper was advanced again. and urgent
close relations between the AmaIgamated and RIO
Tinto interests also helped the copper shares
INTERNATIONAL PUMP.-The common stock
or the International Pump Company made sharp
advance yesterday. closing at a net gain o, q.
points. There is very little Of this stock floating
ABOUT the Street. and light demand naturally
causes a decided movement in the price Investors
are buying the stock It's merits and as at pres
ent prices IL returns nearly per cent IL Is easy
70 see why people should take the stock at
quotations. The company Is a consolidation Of the
leading steam pump manufacturing concerns IN
the country Earnings are now at the rate Of 70
per cent on the common stock. which pays per
cent a year in quarterly instalments. Peopls
ldentihed with the company say that its foreign
business is enormous. orders for steam pumps
coming from all parts Of the world.
NATIONAL LEAD RUMORS-In connection
with the rather sharp advance IN National Lead
preferred on Monday, var1ous rumors have been
circulated about the Street IN regard to pending
developments One OF the rumOrs is that the Ma
uonaI Lead Company is about 10 be taken over by
the American Smelling and Refining Company.
Another is that consolidation is about 20 be e.
fected with leading paint interests OF the country
Both Of these rumors are stated by an officer Of
the National Lead Company TO be wholly without
foundation. far as he knows
COLORADO AND SOUTHERN-Earnings OF the
Colorado and Southern continue TO increase. and
the character of the roads business is such that
large earnings expected throughout the year.
For the third week IN January gross earnings in
creased NO9f, making a gain OF S7O.700 rom
July l.
SOUTHERN NRAILWAY--Earnings Of the South
ern Railway for December increased in gross
N7,6o5. but owing 10 large gain in operating ex-
penses, net earnings decreased $SS.70s. The COM
pany Is making liberal expenditures out OF earn
lngs on the property. Southern Railway snares
were strong features in yesterdays market
NEW CONSOLIDATED MEMBERSHIPS fol-
lowing members of the Consolidated STOCK
Exchange were elected yesterday: J. R. HeintA
Ward II. Eager. Howard Carleton. s. Rockwell Car-
hart and William II. Hail. jr Another seat on ne
Consolidated Exchange has been sold for $500 the
sixth TO fetch this price within a Few weeks AHo
purchaser was Arthur ID. Levy
OFFER TO INVESTORS--Moffat & White orrer
investors Bell Telephone stocks OF New-Yorx'
Philadelphia Buffalo and other centres