New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-05-01
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Operations for foreish
account aggregated 1900 shares. mostly safes Vi
the anthracite and granger shares
LOAN UOTATIONS.-Quotatons were; Anal
gamated Copper. Anaconda. American Ice. Atch-
ison common and preferred, Brooklyn Rapid
Transit Baltimore and Ohio common. chicago
Terminal Delaware and Hudson. Erie common
first and second preferred, Manhattan, missouri
Pacific New-York Central, Northwestern Metro
politan Street Railway Peoples Gas, Reading hrst
preferred Republic Steel common and preferred
Rock Island St. Paul. Southern Railway preferred
Southern Pacific Sugar Refining. Tennessee Coal
and Iron, Union Pacific preferred, United states
Steel common and preferred. United States
leather preferred. Wabash preferred, Western. 4
Colorado and Southern. Louisville and Nashville
and Union Pacific common, 31s
WABASH-Higher prices were touched by the
Wabash issues The requirement by the wabash
of the Western Maryland Railroad, which Is on
the point of contamination. will complete the
Wabash's lire TO tidewate and vastly strengthen
the traffic position of the Wabash. The develop
ment of the Wabash system TO an equality with
the other important transportation systems OF the
Middle West has been effected in a comparatively
short time and should be followed by as great
prosperitv for the Wabash is enjoyed by the
other systems. The Wabashs line from the lakes
10 tidewater is very simultaneously situated IL
passes through a section that abounds IN haturaI
wealth and literally huns with industry me
Wabash's lines that go 10 points further West
likewise traverse an exceptionally rich country
The future seems be full Of promise for the
Wabash as for any railroad in the country.
MAY DISBURSEMENTS THE Daily stockhold-
er's', compilation shows: The par value OF bonds
on which interest is payable to-day is $sS7s6o'loo
calling for the disbursement of 2l42o9l9 against
s9Isl 3s9 last year SlS7527 03 in 1900. Ns43nS In
1899 and $9 $50 in 1ssS. Dividends have been de-
cIared and payable during the month or May
on stocks having a PAR value of l5ll,S@44'. ana
amount S37 223.o24 against III last year.
N4 sos SIS in 1900 IA 65 in 1899 and $S552Si9 in lS9S
The increase in dividend payments Is accounted Tor
by the payments United States Steel and ANAL
gamated Copper stocks. The following Is com
parison for the last five years: Combined Interest
and dividend disbursements. %s6439i3. as COM
pared with So 1910 year. S3,556.5s1 In 1900
S3l Dos I4 in 1899 and 81 sd 22s in 1885"
REPUBLIC IRON AND STEEL-The conditions
which have prevailed in the iron market the last
year have been extremely favorable for the Re
public Iron and Steel Company. There has been a
heavy demand good prices, and the company
has been free from labor troubles, The statement
Of earnings for the half year ending December 81.
1901 showed a little less than per cent earned on
the common stock during that time. The company
owns some valuable assets. consisting OF and
coal properties.
NEW STOCK EXCHANGE FIRM.-C. W. Nc
Quoid and T. {. Buck, jr., have formed Stock
Exchange firm. with offices No. A Broad-st..
under the name of c. W. McQuod & Co.. to do a
general stock and bond commission business. Mr..
McQuoid has had twenty-five years experience In
Wall Street
AMERICAN COTTON OLA circular has been
issued by the stockholders committee of Ameri-
can Cotton OIL asking the stockholders of the com
pany TO agree not to sell their holdings prior TO
January l, 1903. and sign a request that the
stockholders committee shall not sell the stock of
the company at the prices named in the agree
ment-that is $50 for the common and sl05 for the
preferred.
MEXICAN NATIONAL.-A special clearance of
all contracts. including those of May l. in Mex
lean National preferred stock. and 4 per cent
bonds, If when and issued. will be cleared on
sheets delivered at Clearing House by p. m. on
Friday. May > Contracts bonds must be
cleared fiat and balances entered upon clear
ance sheet. Parties receiving bonds on Clearing
House allotment tickets must add to the amount
paid the interest accrued on the bonds Separate
sheets will be required for both stocks and bonds
Delivery prices: on bonds 50, stock 43. Allotment
tickets deliverable at $50 a. m. Drafts at Il noon
May D
CHICAGO GREAT WESTERN.-As Chicago
Great Western ard Wisconsin Central two Of
the disturbing clements in the tariff situation Of
the Northwest the theory is advanced that the
heavy buying N the companies stocks has been
by interests who want at least representation
enough in the affairs the properties to pre-
further disturbance.
RAILROAD EARNINGS.-E Earnings of the Chi
cago Milwaukee and ST. Paul in March showed "A
gain gross of 9.i64. and gain in of $l26
4Sl. Earnings of the Union Pacific for March in
in gross $s2.j45 ard in ST $50. Chesa-
peake and Ohio increased in gross for March $685..
iOS and $95, Al big Four increased in gross
in March S4573. and decreased in net $9.l55.
APPLICATION TO LIST HIDE AND LEATHER
STOCKS.-Application has been made to the Stock
Exchange to list Sl3OOO.OOO I per cent cumulative
preferred and $i1JOOOOO common stock of the
American Hide and Leather Company.