New-York tribune., 1902-08-15
NEW-yORK DAILY TRIBUNE FRIDAY AUGUST 10 1902

-o. .r,a,oamated Copper, Anaconda
American Ice, Atchison common u p,to com,
Brooklyn Rapid Transit Baltimore anu - Do,sc
mon Colorado Fuel and Iron, Canaolah
- nfo-a ar5 r1rdson Erie common, first and sec
rd nreferred Louisville and Nashville. Malii'a'
tan Missouri Pacific, New-forK Ceii'i d. ,-e-1a,s
western Metropolitan street f'dli"aS. - D.,
Gas Reading first preferred. Rock Island %, ,aIso
Soutbern Railway preferred. Southern FacILe'
S,ear Tennessee Coal and IRON Union Pacllc o
MOI, and nreferred United States steel coiiii
5 ,,refarra5 United States Leather preleIiei'
Wabash preferred. Western Union anu
Steel common ano preferred. S12 per cent ...
OREGON SHORT LINE BONDS-SuoscIip'
II r,ro,, sbort Line 1 per cent participating
,d bonds have been coming In at the Union
ciac office since early last week. ana VIZ
large blocks of rights known TO nave DeeH 80 90
20, 49,, ,,,o,,n+ left unsubscribed. the purchase W ol
which has been arranged for by sSi'uio''e. -
-, - ,,,aI &C IL not smaller than, in any lhS'aiC
&c stock rights in the last five years liie7 - !
are secured by Northern Secuilties "I,,ordars
Union Pacinc preferred and common - an+
are allowed to subscribe TO the extent VI -
- +toir holdings The right to subscribe eAf =
to-day -, ,.,do b,,ving de-
,.afoned in American Grass Irvine STOCK anu q 90
result of the days dealings the price ao|
roints TO 5gla As this issue pays dii''"" -, =,
of : ner cent and will doubtless eNehtudiiS f'
more the current price is manifes"S 'oU o1,,at
-r,o formation of the American Grass fio'
Company a subsidiary company oil 'he .
Grass Irvine Company, will be OF great ' iII
to the latter. and it is expected tha' edinlis' w
he largely increased the demand TOT grass
o1,,,+s is a1nanding rapidly. The report or the
American Grass Twine Company TOT tlie '
fiscal year shows net profits OF S9'o'V'o' A"e "
standing stock is $lS,0cO.G9 -
NORFOLK AND WESTERN IMPhON E.
MENTS-It is announced that the NOTION anu
western Railway has made contracts for the con
structton of new lines double tracking and other
work which will necessitate the expenditure Oh
several million dollars Contracts have been mace
for a 600 tons of steel rails to be used during the
next wear OF this amount 1900 tons are to De
furnished by the Pennsylvania Steel Company ana
10 900 tons by the United States Steel Corporation
IRON AND STEEL MARKET-Rogers' Brown
& Co write:
The one overshadowing feature of the pig iron
markets is the rush TO cover for next year ne 5
movement has accelerated rather than slackened
panation of this unprecedented buying of iron.
1t means that, in the opinion of manufactur&6rs &
throughout the United States. the business OF 1915
is assured
ONTARIO AND WEsTERN.-As result of the
coal strike New-York Ontario and Western shows
for June a decrease in gross earnings of S2h024,
and decrease in net earnings of $l799l4 as com
pared with June, 1901 For the fiscal year gross
S246 S04 surplus decreased $o22, surplus after
charges being $65S 959.
CHICAGO BANKS IN GOOD CONDITION
John J. Mitchell. president Of the illinois Trust
and Savings Bank of Chicago. who is in this city.
is quoted as saying that the banks in Chicago are
in a better position than they We're a year ago to
assist in moving the crops.
NEW STOCK EXCHANGE MEMBERS.-Era
tus T. Tent. at Walker Brothers; Leo NJ Prince,
at Asel x Co. and Gardner ". Brown. at Arm
strong Schrirer & Co. were elected members Of
the Stock Exchange to-day