New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-03-11
WALL STREET AND EXCHANGES

FOREIGN TRADING-London a seller of
about 5000 shares of stock in this market before
the closing of the London Stock Exchange. Later
selling orders from London were executed mere on
a considerable scale. Practically nothing was
bought for London account
STOCK LOAN QUOTATIONS.-Loan quota tons
were: Amalgamated Copper. Anaconda Atchison
common and preferred Brooklyn Rapid Transit.
Baltimore and Ohio common. Chicago Terminal,
Delaware and Hudson. Erie common. first and sec
ond preferred Louisville and Nashville. Manhattan.
Missouri Pacific, NewAYork Central. 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 and preferred,
United States Steel common and preferred. United
States Leather preferred, Wabash preferred and
Western Union 22 to per cent.
FOREIGN EXCHANGE.-The foreign exchange
market displays an easier tendency. small in
in the offerings of cotton bills is reported.
The inquiry is good for commercial bills and bank
ers' sixty and ninety day bills Indications are
that gold will be shipped this week and that
inquiries for remittances will be satished by draw
ing bills against credits abroad.
NORFOLK AND WESTERN.-The Pennsylvania
Railroad reports show that December 81 last It
had in its treasury $50 1000 and $500 900
Norfolk and Western preferred stock. On the same
date the Northern Central held 100000 preferred
and Sl.00O.O0o common stock The Pennsylvania
company held at least So 100000 common stock. This
gives total of $S2.sSOOOO of both common and pre-
ferred stock Half of the entire Norfolk and West
stock amounts to SAB, 100000.
AMERICAN BRIDGE.-The extensive building
operations in New-York together with the heavy
contracts for the underground road. will probably
make this the greatest year for earnings that the
American Bridge Company has experienced
NATIONAL BREAD-The National Bread Com
pany of ST. Louis with capitalization of 100000
has been formed to the patents of the National
Bread COMPANY the parent company. of New
York. IT is said that by the use OF the National
Companys machines sixty pounds more and better
bread be made from barrel Of -four than by
the old method. The system is in operation day
and night at the plant of the United States Bread
Company which is owned by the National com
pany.
SOUTHERN PACIFIC RAILROAD.-It Is stated
that the formation of the Southern Pacific
Railroad Company will result in a saving Of $4,000
a year in office expenses alone. Orders have been
given to proceed at with the construction of
trestle bridge across the northern part Of Great
Salt Lake This cutoff will shorten the Southern
Pacific main line forty-two miles, and will elmi-
nate some of the heaviest grades the system.
STANDARD ROPE AND TWINE-Standard
Rope and Irvine interests say that last year the
company suffered from the abnormal state Of the
manila hemp markets, which were affected by con-
ditons the Philippine Islands. Since the be-
ginning of the present fiscal year. however, these
conditions have changed. and the raw material can
be obtained and converted into manufactured goods
a fair profit