New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-06-25
WALL STREET AND EXCHANGES

FOREIGN TRADING.-Foreign houses sold up
ward Of 5000 shares in the local market. sales be-
ing well distributed throughout the list Arbtrage
| houses reported the closing tone in London more
nervous than it had been in the early trading and
| thus thought there was good deal or protective
| selling both OF American stocks and other issues.
| American stocks In London generally lost 4 TO
| per cent and consols declined to 9524, loss OF
| 3. per cent The market was narrow and nominal.
and traders for the most part afraid to quote
| prices. There feature in money or eX-
| change in any of the European centres.
| STOCK LOAN QUOTATIONS.-Loan quotations
| were: AmaIgamated Copper, Anaconda. American
Ice Atchison common and preferred. Brooklyn
Rapid Transit Baltimore and Ohio common, chi
cago Terminal, Canadian Pacific, Delaware ana
Hudson, Erie common, first and second preferred
Louisville and Nashville Manhattan Missouri Pa
cffc, New-York Central, Northwestern. Metropoli-
tan Street Railway, Peoples Gas, Reading first
preferred. Republic Steel common and preferred
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 and Western Union.
2@4Q3 per cent.
NETWORK CENTRAL. EARNINGS.-The esti-
mated earnings of the New-York Central for the
year ending June 80 show gross earnings of So
500 600 an OF s. 4669 900; earnings. $2i.
$50 800 an of $405 05 and surplus, S20615.
an increase of $s2,49S There has been expended in
the year and charged to operating expenses the
sum OF S1oupp 4O liz" t4''44'4Nii'
and betterments to the property.
VANDERBILT DIVIDENDS. - The New-iork
Central has declared its regular quarterly dlVlieI
Of IL Per cent. The Lake Erie and Western Rail-
road Company has declared TIE regular seml-an-
nual dividend Of . per cent its preferred stock.
The Canada Southern Railway Company has de-
cared a annual dividend OF l per cent the
last previous dividend was li2 per cent Inc Lake
Shore Michigan Southern Railway company
has declared the regular semt-annual dividend or
,Irra-1 raj
pany has declared the regular semi-annual diVldeho
of . per cent.
CHICAGO GREAT WESTERN.-The heavy buy
ing Of Chicago Great Western was said 10 repre-
sent accumulation Of the stock by interests that
are anxious to secure control of the property sew
eral Western roads could use Chicago Great west
ern but likely that control can be bought
a the present prices OF the companys securities
WABASH EARNINGs.-Gross earnings Of the
Wabash system increased In tie third week in June
SO go over the same period last year. From July
gross earnings have increased N.Ss2.1o2
RECORD STEEL RAIL PRODUCTION.-The
American Iron and Steel Association computes the
production of steel rails 1897 2s1i639 the
largest record.
STOCK EXCHANGE IIsTINGS.-The Wabash
Railroad Company has applied TO the Stock Elk
change list 100000 additional debenture bonds.
series r, OF 1921
SAVINGS BANKS-The following savings banks
have announced their semi-annual interest pay
rnents at the rate Of 81. per Manhattan Saw
tngs Institution. German Savings Bank. Union
Dime Savings Institution, North River Savings
Bank and the Citizens Savings Bank
VULCAN DEFINING CO.-The directors OF
the Vulcan DEFINING Co. held their first meeting
Yesterday for the declaration Of dividend on the
preferred common shares. The amalSamaton or
the company was perfected April Is. and IN the
first quarter Of the working OF the company the
earnings have been gratifying. After the declara-
ton Of 12a per the preferred stock and the
appropriation OF funds for betterments, II was
shown that the common stock was earning at the
rate Of per cent per annum-
SUBSCRIPTION BOOKS TO BE OPENED To
DAY-The subscription books for the $ll,0o00o Met
ropoitan Street Railway Co per cent refunding
year gold morEa 20 bonds will h" opened at the
office OF Kuhn Loeb x Co. at 10 a. m. to-day. and
will be closed p. m. earlier