New-York tribune., 1902-05-29

in Americans the transactions were small as to
make prices almost nominal Consols maintained
their strength at 965s. There was some weakness
in copper stocks. The mining issues were firm. but
inactive. Money was rather easier in Berlin. and
in fair demand in London Exchange in Paris and
Berlin continued firm
STOCK LOAN QUOTATIONs.-Loa quotations
were: Anna gamated Copper Anaconda, American
Ice, Atchison common and preferred. Brooklyn
Rapid Transit. Baltimore and Ohio common, Chi
cago Terminal Colorado and Southern. Delaware
and Hudson. Erie common, first and second pre-
ferred, Louisville and Nashville Manhattan. Mis-
souri, Pacific, New-York Central. Northwestern,
Northern Pacific preferred, Peoples Gas Reading
first preferred. Republic Steel common and pre-
ferred, Rock Island st. Paul, Southern Railway
preferred, Southern Pacific Sugar. Tennessee Coal
and Iron, Union Pacific common and preferred.
United States Steel common and preferred, United
States Leather preferred. Wabash preferred. West
Union per cent
SOUTHERN RAILWAY.-The April statement of
the Southern Railway shows increase in net
earnings of $S6170 last April notwithstanding
increase in expense account and decrease in
mileage. If the preset ratio of earnings continues
for the rest of the fiscal year Southern can meet
its fixed charges about S375 900, pay its preferred
dividend of 100000 and have left about sS25Oo0
which is equal to .OO7 on the common.
SUGAR MARKET PROSPECTS.-Iti is not thought
likely in sugar trade circles that there will be
lowering of prices for refined sugar in the near
future. The rehneries running with light stocks
OF coal, and II they permitted under the law
to burn soft coal the question of fuel may become
a very serious one, with a possible shutdown of the
refneries. That might lead to advance in
prices. The position of the sugar market is
a steady one, with sellers quite confident of the
future. and they are. therefore. holding to firm
rates
WABASH EARNINGS Earnings of the Wabash
system in April showed gain in gross of $l21Ol6
and a gain in Of S13,653 From July gross
earnings have increased ST. 2S, and net earnings
$5S5.55 the time in the preceding year.
HOOKING VALLEY DIVIDEND INCREASE
ENPECTED.-The advance in Hooking Valley is
dend will be advanced from a to a per cent
basis The dividend meeting is to be held shortly.
PRESSED STEEL CAR.-The upward movement
in Pressed Steel Car issues was ACCOMPANIED by
the American Car and Foundry Company. Earn
ings of the Pressed Steel Car Company are heavy,
gratifying increase over the first quarter of the
year
APPLICATIONS TO LIST.-The Colorado Fuel
and Iron Company has applied to the New-York
stock Exchange to list Sf26 OO0 additional general
mortgage . per cent sinking fund bonds of 1913,
The iulf and Ship Island Railroad has applied to
list 81 93l 900 first mortgage refunding and terminal
per cent coupon bonds of 1857
AMERICAN GRASS TWINE.-The American
Grass Twine Company has just added l1,GOO acres
of grass land to it's property in the Northwest.
quired the purchase of more land.
DIVIDEND DECLARED--Borden,s Condensed
Milk Company has declared a quarterly dividend or
IL per cent. payable on June 10.
AMERICAN THREAD COMPANY.-The Ameri-
Thread Company has declared its regular semi
annual dividend Of 2i2 per cent its preferred
May %
FRANK DEAN a DIRECTOR.-Frank Dean,
cashier OF the Fifth Avenue Bank, has been elected
a director OF the institution. to succeed the late
F II. Perkins. ir