New-York tribune., 1902-03-04
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Trading by London IN
this market amounted to about 1000 shares. prac-
tically all sales. The largest business in
Southern Pacific The attitude OF traders IN
American stocks IN London said be a
waiting
STOCK LOAN QUOTATIONS.-Loan quotations
were; Amalgamated Copper. Anaconda Atchisoa
common and preferred Baltimore and Ohio. Chi
cage Terminal Delaware and Hudson, Erie COM
mon. first and second preferred. LOuisville and
Nashville Manhattan. Missouri Pacific Nsw-York
Central. Peoples Gas. Reading first preferred. Re-
public Steel common and preferred. Rock Island
st. Paul. Southern Railway preferred. Southern
Pact1c Sugar, Tennessee Coal and Iron. Union Pa
cihc common and preferred. United States Steel
common and preferred. United States Leather pre-
ferred Wabash preferred Western Union. nxg2iS
per cent Brooklyn Rapid Transit. "a
MONEY MARKET.-Ease is expected to be
trtbuted to the money market by the Liquidation OF
some large loans recently contracted on April
interest will be due on the second largest out
standing government issue. the per cent loan os
1so7 the principal being S3sS 90 About three
ffths Of the interest is payable n New-York-
SOUTHERN PACIFIC.-There are at present a
Southern Pacific Company Of California South
ern Pacific Company OF New-Mexico and South
ern Pacific Company of Arizona All the shares
OF these companies are owned by the Southern Pa
ciic Company holding company The fnten-
tion is said be to combine the three companies
into one corporation for convenience OF ownership
and TO overcome some legal complicatins created
necessary.
JAPANESE LoAN.-It Is understood that Japan
has made inquiries regarding loan from ths
United States. but IL IS stated the japanese Cow
ernment is not Wiling to place loan on terms
that would reflect the credit OF the country.
The military and naval programme laid out astes
the treaty OF peace with China viii require sreas
deal of money.
ADDITIONAL ERIE BoNDs-Application has
been made 10 the Stock Exchange by the Erie
Railroad Company list Sl.O2S.OOO additional gems
eral lien cent gold coupon bonds OF 1886
IMPERIAL TOBACCO-"The London Financial
Times says:
The American aa Tobacco Company threw down
Obliged 70 accept and this fact excuses the I'm
would otherwise have been ESSENTIAL. me f1il
purchase price Of the properties entering the COM
sented by goodwill. trade marks. licenses. prOprie-
FOR freeboId and 1eassbod iand b5iIdis t SoTs 4
stock In trade. etc This leaves not very many
seT7ars "n1v reGy,re 81 i9s qor ~ ~, Aa S Sas
OF profits Indicate prospective earnings OF about
per cent for the ordinary stock The steps taken
as business measures are likely to win favor from
lecturers may be PInched az The outset but Il ts
how Mr.. Duke tJames 3. Duke. president OF
II he withdraws as an invader well and good IA
he does not the Imperial company will at LEASE
viduaI firms were before the combination was
made.
TELEGRAPH COMPANIES ElAECIlOE.@Tha
annual meeting OF two telegraph companies. parE
| OF the Western Union system. held IN Jer-
sey City yesterday The New-Jersey and New
England Telegraph Company elected the following
directors G. w z. Atkins. J. 3. BerthOlf. Thomas
| T. Eckert. tr.. W. G. HumstOne j. W. SJhmulta q
and c. s. Shinler. who organized by eectfng @. W.
E. Atkins president; ". c. Humstone, vfce-prssi-
| dent. and c. S. Shiner secretary and treasurer.
| The Marine and Inland Telegraph Company.
elected the following directors: G. w. 2. Atkins.
/ ]. B. Bertholf. Thomas F. Clark, Thomas 7. Eck>
| ert. Jr.. W. c. Humstone. J. W. Schmults c. s.
| ShinIer and Charles A Tinker. who elected thesa
| officers: W. c. Humstone. president; c. W. e.
Atkins. vicepresident. and c. s. Shnler. secretary
| and treasurer.