New-York tribune., 1902-05-07
WALL STREET AND EXCHANGES.

FOREIGN TRADINCf.-Foreign horses were not
active in the local market dealing in 1000 shares
., ,,rcbases The strength in the American
LIST IN London was largely due to buying orders
from New-York. The general market was STEADY
with fair strength In the Kaffir stocks ana no
changes in consos or the general list The strength
in Paris and Berlin exchange on London was I'M
portant as postponing gold exports from New
York It was considered that so long as call money
ruled at present prices exchange would not haruel
to a figure where shipments would be prontaole'
STOCK LOAN QUOTATIONS.-Loan quotations
were. Anaconda Amalgamated Copper. 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-Yorl5 Central. Northwestern
Metropolitan Street Railway, Peoples Gas Readihs
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
ern Union 6 to per cent; Biscuit, fiat.
STANDARD OIL DIVIDEND.-The Standard OIL
Conpany has declared dividend of 10 per cent for
the current quarter, payable June l6. This rate
compares with II per cent for the March quarter
and Y per cent in the current quarter year ago
and 10 per cent in 1900 It makes the dividend pay
ment for 1902 to date 30 per cent against % per
cent for the period in 1901 80 per cent in 1900 20
per in 1899, and IS in 1898. Last years full
dividend payment 4S per cent, against fo 4So
1899 80 in 1898. 80 in 1897 81 in 1896 and Il per
cent annually 1891 1895 inclusive The stock
declined TO $50 bid yesterday. year ago 1t sold
at S42
DEMAND FOR GOOD INDUSTRIALS.-Of the
attractive industrial shares there quiet de-
mand for American Grass Twine which gained
l point, and American Car and Foundry
preferred, which sold up l point to 80. Stocks OF
this character do not represent bubble companies.
and the earnings of the companies which they do
rpDre Ike thASa a
level.
AMERICAN LINsEED-There was sharp ad-
vance in American Linseed moderate dealings
There seems to be a ready market for the stock
The leading interests in the company credited
with a desire to increase their holdings The lin
seed oil trade is reported being in excellent
condition. and the American company controls
the axseed situation it is assured of satisfactory
profits in it's business.
UNITED COPPER.-It is stated that the
the Cora mine. belonging to the United Copper
Company is not shipping at present is that the
other mines producing largely that 1t is
impossible for the smelter to handle the output
of the Cora mine.
APPLICATION. TO LIST-The Wheeling and
Lake Erie Railroad Company applies to the Stock
Exchange to list 100000 additional first consolidated
mortgage per cent gold bonds of 1919. The South
Railway Company has applied to the Stock Ex-
change list S5,S2O6OO Mobile and Ohio stock trust
certificates.
AMERICAN COTTON OIL DIVIDEND.-Ameri-
can Cotton Oil directors have declared the regular
sem-annual dividend of per cent on the preferred
stock
NETWORK CENTRALS EARNINGS.-For the
month of April the gross earnings of the New-York
Central increased $595,O4S the same month a
year ago. From July gross earnings have in
creased 81, ,376,650.
BOOKS OPEN TO-DAY.-The subscription books
for the $SO0OOOO per Illinois Central stock in
terest certificates A of the Railroad Securities
Company will be opened at the office of Kuhn
Loeb & Co at 10 o'clock to-day and close at p.
earlier.
THE ROCK ISLAND BOND OFFER-Paynent
of subscriptions for the $2iO00,O0O Chicago Rock
Island and Pacific 4 per cent gold bonds of 1902
now being offered by Speyer & Co, is to be made
on Thursday, May S. Applications specify
the amount wanted and the series. There are six
teen series maturing annually and the price of all
is computed AZ per cent basis of to the
investor The price therefor Is called from 99SS
and accrued interest for the year bonds to
$3.50 for the bonds maturing In 1918. If the com
pany redeems any bonds at 1912 and interest it
cannot redeem less than entire series.
QUARTERLY DIVIDEND.-A quarterly dividend
of 2l2 per has been declared by the Bond and
Mortgage Guarantee Company, No. IT'S Remsen-st..
Brooklyn, payable May Is to the stockholders of
record the closing of the transfer books a u
IN. on May 10. The books viii be opened on May
10 at 10 a.