New-York tribune., 1902-01-18
WALL STREET AND EXCHANGES

FOREIGN TRADING.-London dealt In upward
of 1900 shares IN the local market mostly sal.
In the London market prices were generally hlsh-
er with further buying of the Kaffir shares
AMERICAN CAR AND FOUNDRf.-Orders TOT
new cars received by the American Car anu
Foundry Company reach an enormous TOTAL anu
current contracts represent $5O.GOOOo. The pre-
ferred stock is being quietly absorbed by sood
class Of investors and II is predicted that the
stock will sell at par before many months 20 US'
At its present price It yields over per cent nc
following companies have ordered cars from 'iie
American Car and Foundry Company: The PITTS
burq and Lake Erie Railroad Company. 1000 box
cars of $1,000 pounds capacity; the Toledo ana O'o
Central Railroad Company. 1000 coal cars 'ie 40
Belington and Beaver Creek Railroad COMPANY II
is reported 800 coal cars; the Hooking Naley fNii-
road Comnanv 800 coal cars: the Clarendon and
Pittsford Railroad Company. twenty-five nat cars
the Florida East Coast Railway Company 1our
paror cars and ten coaches. and the Zane pe'
Railroad Company, two caboose cars. o
AMERICAN TOBACCO-On dealings OF o'
shares American Tobacco advanced S61a points.
The urgent buying of the outstanding STOCK OF 'ne
company started less than two weeks ago anu
since that time price has advanced from l4o 10
2s5 The bonds of the Consolidated Tobacco Con-
panv were also strong and active features Inc
Consolidated company owns the American coih-
qany, the activity of the oofds Is t"ousN' w
foreshadow some important development
ST. LOUIS AND SAN FRANClsCO.-lt Is esu-
mated that St Louis and San Francisco is earning
at the rate of $ per cent on its common stock
The compauy's policy is to put a large amount 81
money into the property, and as a consequence
dividends on the common may not begin as soon as
holders would Ike.
WABASH EARNINGS.-Wabash earnings con-
tir ne to improve and It is likely that traffic VIII
be heavy on the company's lines for many Hoh'hs
10 come In the second week in January gross
earnings increased $50 the heavy receipts OF
the same month a year ago. making from July
a gain of SS57 .f56 Buying OF Wabash stocks ana
bonds is excellent i'm character.
PUBLIC TAKES ALL OF ATCHISON BONDS.
= p Morgan & Co have notified the underwriters
of the S30OOOO0 Atchison debenture bond issue that
no call will be made upon them to pay any part of
the amount subscribed as the entire issue has oeen
taken by the public.
sailing for Europe to-day will take out 10000
ounces of silver shipped follows: The United
Metals Selling Company, 10000 ounces, and Zim-
norman & Forshay. 5000 ounces
ST. JOSEPH AND GRAND ISLAND.-Applica-
ton has been made to the Stock Exchange 10 list
S. go first preferred stock. 100000 second pre-
ferred and $500 900 common stock OF the St Joseph
and Grand Island Railway Company
TWIN CITY RAPID TRANSIT.-The directors
Of the Twin city Rapid Transit Company have de-
cIared the regular semi-annuaI dividend OF per
cent on the common stock.
EXPORTS OF COPPER.-The exports OF copper
for the first half OF January heavy. being ap-
proximatey 1900 tons.
BONDS NOW a FIRST MORTGAGE-By the
redemption. through the sinking fund, on January
l. of the remaining first mortgage per cent bonds
of the oregon Railway and Navigation Company.
the oregon Railway and Navigation Company
1916 are now absolute first mortgage on the en-
tire property Of the company.