New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-04-29

Ell
,,.., htrr ot rho opening Of Reading, turned
round and sold freely throughout the hst.
Included the Steel issues, Union racine anu 7
49, p.c,sc 70 the extent OF about 10000 shares IL
uas taken that the sudden change OF atut"'e ''
IT, other side was based upon political develop
rnants and might indicate a less assured tone OH
peace prospects in South Africa
cTorK LOAN QUOTATIONS.-Loan quotations.
uare. amaigamated Copper. Anaconda American
Ice ktchison common and Pre1erred' %" ~
parid Transit Baltimore and Ohio common IN
caEo Terminal. Delawar and hudson f-'lS
mon first md second preferred. Manhattan. MIS-
souri, Pacific. New-York central ->or'i'"
ue,ropolitan Street Railway. Peoples Gas. ft'u-
,-,g Arst preferred Rock Island. st Paul south-
ern Railway preferred. Southern fhclhC' ouE"'
Refining Tennessee Coal and Iron, Union racine
common and preferred. United states olee' ''
mon and preferred. United States Leather pre-
,or-sd Wabash preferred and Western Union !
ncr cent; Colorado and Southern and Louisvile ana
Nashville, 3lz per cent
TO EXTEND WEST VIRGINIA CENTRAL
A prominent stakeholder of the West Virginia Cen
trail and Pittsburg Railway is quoted as saying tha'
the directors have determined TO extend the line 10
baltimore. whether the bid of t. Fuller syluiCd'e
for the Western Maryland road Is accepted or not
He Is also quoted saying that the advantage 81
The Western Maryland is that II Is already ou1lt
and now possesses excellent haroor tacilifS, DI'
rather than increase the syndcate's bid the west
Virginia Central will build Its own line AT siiief
figure.
SIIC IRON AND S1EfSiI.-illSidriS Va Wv
RepubIic Iron and Steel Company are more builish
nm o,., On current business conditions. 1t is in
timated by interests close to the management tha'
the company has earned during the year mus IdI
fully per cent the common stock, ana thiI
gross revenue as we'll the net prohts is De
coming larger each month. The recent advances
I'm prices OF bar rather unusual AnFaA-
taxe to the company large share of the business
for delivery during the next six mohths having
been booked at the increased prices
\
II "a learned from an authoritative source, accord
ing to the New-York News Bureau, that because
of the continued unprecedented demand the prices
for iron and steel products advancing IN spite
of all the efforts the United States Steel Cor
poration to keep them down. Pig iron is selling at
go a Ton and steel billets s23 ton T. O. b. works
in the Pittsburg district. This is an advance OF
about g a ton in each case. The same authority
says that structural material contractors are re-
f,sinR to take any business for from nine months
20 a year The above prices are for the third quar-
fer delivery of this year and it is said that the
same prices would be paid for the fourth quarter
delivery.
CHICAGO ROCK ISLAND AND PACIFTC-Rock
Island officials say there s apparent loss in
traffic as a result of dry weather In the West They
concede there has been some decline in certain
lines OF traffic which is customary at this season Of
the wear, in most instances these losses are
offset by gain in other lines of traffic.
SUGAR PRICES LOW ER.-The American Sugar
Refining Company and b. II. Howell Son Co
have reduced all grades OF refined sugar points.
putting granulated on a 4.7cc basis, ArbuckIe also
met the of points In fine graduated
WABASH EARNINGS-Ciross earnings of the
Wabash system in March increased Ssi 2I7 over the
same time a year ago. Net earnings increased
,415l2 From July / gross earnings have increased
ST. .252 and net earnings so79
NEW STOCK EXCHANGE MEMBERS.-M l..
Neumogen Dexter Blagden. Henry f Godfrey,
William X. Burns, Philip l.. Smith and f. ID.
Winslow were elected members of the Stock Ex-
change yesterday.
! CALUMET AND HECLA DIVIDEND RE-
DUCED-The Calumet and Hecla Mining Com
many has declared dividend of s. a share, payable
on May 20 The previous dividend was $40 a share
HIII-MORGAN INTERESTS SECURE CANA
DIAN PACIFIC OPTIONS.-It is understood on
good authority that Hill-Morgan interests have
obtained options on important Amsterdam holdings
of Canadian Pacific.
BROADWAY TRUST COMPANY TO START
BUSINESS Broadway Trust Company incor-
norated Albany last week. with 100000 capital
and ssJo.00o surplus. will open for business on
| THURSDAY at the northeast corner of Broadway and
Eighth-st.. which property it has bought The OFF,
GERS Of company are: President, Moses May
first vice-presdent Bird S. Coler second vice-pres
dent j. f. SchoenberS. and secretary Frederick G
/ ee Among directors John C. Jenkins
| Marshall S. briggs Allen W. Adams. l. L. Bam
berger George c. Clausen, J. j. cooney, G. ii,
HYDE j. ]. Robinson. Charles A. Starbuck Samuel
| Brill, F. c. Travers and V. p. Travers.
The company will do general banking and trust
business and win start with deposit line of about
| s. 100000 will clear through the Central Ma
tional Bank. Its shares subscribed for at $50
| already quoted at 500.
ROCK ISLAND BONDS.-Sreyer & Co offer
subject issue and sale. at prices which will yield
| "a net return Of ils per cent the investment
ga 10000 Chicago, Rock Island and Pacific Rail-
way Company per cent gold bonds of 1902. series
A 10 p inclusive maturing the rate of ST. 500 coo
annually from May |. 1903. to May l. 1918, both
| dates inclusive The Central Trust Company of
New.Tork IL trustee under the mortgage The