New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-04-30

,.-.,,,., delaware and Hudson, Erie COM
mon first and second preferred Manhattan MIS-
souri, Pacific New-York Central Nol
METROPOLITAN Street Railway, Feopes ga, go
ing first preferred Republic steer common an
preferred, Rock Island, ST PAUL ooutnoln NON n,
way preferred Southern PACING Iennessee 80
and Iron Union Pacific common anu
ITni.aa states Steel common and preferred. united
States Leather preferred Wabash preferreo' west
ern Union Der cent Colorado ana SOUTHERN
Louisville and Nashville 81: sugar. '7ze1'
RAILWAY EQUIPMENT STOCKS IN DE-
MAND-Buying of railway equipment sto'n', So
as American Car and Foundry preferred IS pd'eu
- ~ 1aree orders for new equipment now Deins
n1aced nv the railroads. The prospects Indicate
continuance Of this demand for iohe 80 ~.
come and insiders assert that nearlS 80. Ill
road in the country will be forced 10 guy nc"
ing stock in large quantities ror the n0N - ,.-ga
THE railroads have been active buyers % =,
,r.iobt cars for the last two years. out 'neie "
hardly q company in the country that Is ao-o -
port enough to handle It's traiio- - III
nrosnerty Is a true trade barometer hlu "
tho roads in the country placing oroers Luz -
cars delivery of which cannot De niaoe 80
months ahead, II is safe TO predict tha' 80
nrosnertv In general is founded on factors 'io pO
nanencv OF which is not questioned by the ieau'"e
railroad and financial men in the country
MANHATTAN EARNINGS.-It is reported ina
tho earnings of the Manhattan RAILWAY for 'ne
r
,,,,vsIan, tn IL per cent the STOCK IL Is di'o
said that already it has been demonstrated on lio
Second ave line that with the ne" eie0
tenn the cost of operation Is only ~ pei -,
gross earnings. Considerable progress mas
made in putting in the third rail system on othel
,, T. &c understood that the management Is
richly satisfied with the working or me ne" sSS
tenn on the Second-ave. line ,-- !,
DpooKIyN RAPID TRANSIT BONDS--Ihe oi-
recto-s Of the Brooklyn Rapid Transit Coilpan'
r-ica a
bonds TO be issued by the Rapid TRANSIT Coip
80. so1d No trading has yet taken place IN the
bonds but a bona fde bid Is on reooru VI o'7@ ~
s1N no of the bonds when Issued a ieN
,bA new bonds which is considered Id'oInDi6 "
tho RrookIvn Rapid Transit interests Is that thls
T.. t.srA contains clause giving oondnolderS
49, a-,,,Iese IF exchanging their bonds for STOCK
onv rtme after two years and within twelve years
II therefore there should be marked ADVANCE
IN the stock at any time the bonds ~ouid aoVeAoe
In the same proportion 1900 >--v,,
MECHANICS AND TRADERS BANK NEW
sTocK-The Mechanics and Traders BANK mas
decided tn increase its capital stock from S+ooV
IN 500 O0 which will make its capital and surplus
over 81 600 900 This stock Is being suosctoeu loi d'
1s5 and half of the stock has already been taken
RANK OF STATE OF NEW-YORk KEDCtE0
cAP1TAI-The stockholders of the Bank OF the
c+a+a q, New-York at a meeting yesterday, voted
IN redoe the capital stock of the institution from
81 10000 consisting of 1000 shares OF slt" each- 'o
ooo consisting Of 1900 shares OF $40 each- Inc
Bank of the State of New-York was recently
merged with the National Bank OF North America
and is now in process OF liquidation
APPLICATION TO LIST--Applicatton has oeen
made TO the New-York Stock Exchange 10 hse 'he
following: The New-Ansterdam National Bank OF
New-York $4,000 additional capital stock the
Montreal Light, Heat and Power Company Sli.-
Co., 600 common stock
CANADIAN PAc1FIC--Earnings OF the tana-
6,a, pacific for the month Of March increased in
GROSS SAB Isl and In net sl0S580. From July gross
oar,,nqs have increased sOO6 24. and net earnings
81. 9s372s.
INITIAL, ALLIANCE TRUST COMPANf-fhe
Mutual Alliance Trust Company, announcement vi
The intention to organize which was mace aoou'
six weeks ago. will soon begin business IN ofnces
a, Grand and Orchard SITS Mutual Life insurance
counanv interests largely represented IN the
hoard Of the new institution The otficerS are
President Kaiman Haas; vtce-preSident ana secre-
tary, Henry NJ Humphrey; treasurer
s,IrpIus of s. 00109j.