New-York tribune., 1902-01-07
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses dealt IN
upward Of 10000 shares selling on balance. There
a good demand for the United States Steel
shares.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda. Atchison
common and preferred. Brooklyn Rapid Transit
Baltimore and Ohio common. Chicago Terminal
Delaware and Hudson Erie common Erie first
and second preferred. Louisville and Nashville,
Manhattan, Missouri Pacific, New-York Central.
Peoples 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. Western Union. per
cent.
WABASH misunderstanding the report that
the Wabash Railroad Company is being blocked by
the Pennsylvania Railroad in the construction OF
the of its line between Butler and Fort
Wayne a Wabash officer is quoted by The New
York News Bureau the effect that the Pennsyl-
vana. through the Baltimore and Ohio. objected to
the Wabash crossing the Baltimore and Ohio
tracks grade at given point on the new line
and demanded that the crossing be made either
overhead underneath. The matter was left TO
arbitration. and the decision In favor OF the
Wabash. The opposition referred to- he says.
Il stands. is simply the reluctance OF the Balti
and Ohio yield to the decision Of the arbi-
traitors. but he adds that the company must yield.
and that the opposition be only of a tenn
porary character.
AMERICAN LOCOMOTIVE.-Amertcan Loco
motive issues features yesterday. the pre-
ferred advancing over points. and the common on
heavy dealings. reaching 34Is director OF the
company said that the company Is earning more
than twice the amount OF the dividend on the pre-
ferred. and in his opinion It is certain 10
tinue the dividend list is United States Steel
preferred The earnings of of its plants
sufficient to meet the preferred stock dividend
even in years of ordinary business activity II is
thought that the common stock Will gradually work
higher discountng its admittance to the dividend
list
INCREASED JERSEY CENTRAL. DIVIDEND
The Central Railroad Of New-Jersey has declared
a dividend OF per cent. against Ia per cent at
the last quarterly payment. The dividend Is pay
able February I. President Baer OF the Reading
Company says that he does not care to designate
the dividend declaration Central Of New-Jersey
stock as quarterly disbursement II is early
as yet to present any figures of earnings for the
year The dividend declared was out OF the earn
ings OF last year.
500" LINES HEAVY TRAFFIC.-The Novem-
Der report Of the Minneapolis, St Paul and sault
Ste Marie Railway showed net earnings OF s45O65S
against $40 in November. the year previous an
increase OF s252 SNS. In the five months July
the net earnings increased ss47 10 Similar in
creases up to the end OF the fiscal year would re-
suit In earnings Of than 30 per cent on the
company's preferred stock.
MOVEMENT OF MONEY-The steamer Kron-
prinz Wilhelm. which sailed for Europe Saturday
carried 100000 gold, shipped by the National City
Bank The gold was taken from the banks vaults
The National City Bank withdrew yesterday $500 900
in gold from the Sub-Treasury The Sub-Treasury
purchased government bonds of the par value OF
$4,000; the amount disbursed sa4 OF. The Sub
Treasury transferred s35OOOO to New-Orleans for
local banks.
HEAVY ORDERS FOR CARS-The Norfolk and
Western Railway has ordered loo additional coal
cars from the American Car and Foundry Com
pany. The Railway Age in its issue of January
3, gives complete table of statistics Of cars and
locomotives ordered during the year 1901 showing
total of ss439 freight cars 2S7s passenger cars
and 1870 locomotives.
TENNESSEE COAL. PREFERRED DIVIDEND
-Ihe tennessee Coal, Iron and Railroad COMPANY
has declared the usual quarterly dividend of . per
cent on its preferred stock, payable February
NEW BRANCH OFFICE.-FIoyd Jones q Robin
son have opened a branch office at No l2 West
Thirty-third-st., with Edward Bruce as manager
Mr. Bruce Is well known in financial and railroad
circles, and was for many years connected with the
Baltimore and Ohio Railroad Company.