New-York tribune., 1902-01-10
WALL STREET AND EXCHANGES.


stocks II the local market, putting out about 5eo"o
.s,-es The heaviest selling was IN Union Pacihc.
vARsSH DERENTCRES RES-The Importance or
-. wabash debeutuTe bonds 70 the controlling IN
.szsts N the company lies IN the TACT th@I 'ile
.-ns,v gives 10 the registered holders and will
ss-.re 10 them so far il lawfully may the right
,.s- me vote for each 500 par value at all meet
,,ss Of irs stockholders. The right is secured oy
ne mortgage and by the articles OF consolidation
n holders Of this issue Of bonds 10 nominate one
half Of the highest even number OF the ooaro o.
5,rs.-ors These ISSUES have been heavily bougnt
tor many weeks past
nFTAUARF AND HUDSON MEETING--The
directors of the Delaware and Hudson Company
vii meet to-day TO take action on the dlFlaeno
rs,e for lals Dividends are always declared hy
the Delaware ana Hudson out Of the preceding
wears earnings. and the results in lSol were
bstrar than ever before. some people oeteve tnat
.be rate for 1870 viii be al per cent, a against
uer cent in 1901 The attitude Of the directors on
this point is not public information.
COPPER INTERESTS IN COLORADO AND
sOT-THERN-The board OF directors Of the Colo
rzdo and Southern Railway Company has been in
creased from eleven 10 thirteen members The two
new members Adolph Levisohn and harry
Bronner AIr Lewisohn IS well known on account
Of his large and important interests in copper and
his connection with the smelling interests generally
Nj Bronner IS secretary and treasurer Of the COM
pany.
BURLINGTON. CEDAR RAPIDS AND NORTH
ERN-Applicarou has been received by the Stock
Exchange TO list S53 90 additional Burlington Ce-
car Rapids and Northern Railway Company OF
Iowa consolidated first mortgage and collateral
trust per cent bonds of 1884
NEW-TORB RANSPORTATION.-At the meet
ing Of stockholders Of the New-York Electric We
hicle Transportation Company. held yesterday. Il
voted reduce the capital stock Of the COM
pany from s2000@0 10 5000 90 and 10 reduce the
par value Of the shares from $40 each to $40 II
also voted 70 change the name OF the company
10 the New-YoTk Transportation Company
REPUBLIC IRON AND STEELA-An officer of
the Republic Iron and Steel Company says the com
pany earned enough in October TO pay the preferred
dividend for the entire quarter ending December 81
On January ! there was sufficient business booked
To keep the mills going until May 81 not another
order was taken.
ST. LOUIS AND SAN FRANCISCO-At the St
Louis and San Francisco directors meeting nothing
but routine business transacted. II is reported
that the net earnings for the month OF November
will show an increase Of over $500 O00.
RUMORED CANADIAN PACIFIC RIGHTs.-It
Is reported in Toronto that iuable rights of some
sort are 70 within a short time TO Canadian
Pacific Shareholders
NEW MEMBERS OF STOCK EXCHASGE-w
r J. Pianten. Martin J. Quinn and Henry e. Mont
Eamery were elected members OF the Stock Ex
change yesterday.
Consolidated EXCHANGE sEATs.-ConsoIi-
dated Stock and Petroleum Exchange seats are
ESQ bid. Waich. with the 500 Initiation fee, makes
hen really g go bid
Consolidated EXCHANGES sEATs.-Eigh-
isn hundred dollars was BID for a Consolidated
-Sehsnge membership yesterday. Including the 500
Aaa1ion fee. this makes the cost price Of a seat
q he Little Board 3 800 at this time Within
A!ast DAY or two seat has been sold 800
h a1vance Of 500 over the last preceding sale.
INTEREST DECLARED-The New-York saw
lgs Bank has declared interest a the rate Of 3iz
IL esut The banks assets are SS.6Ss. 4 + O5. and
iH surplus KS 53s.
AAiON TRUST COMPANY DTTIDEND.-At a
atstng Of the board OF trustees Of the Union
.ast Company OF New-York yesterday IL was
ssolEeo that dividends Of 10 per quarterly be
pee rom and after to-day.
-1AE LIMIT EXTENDED.-The Wabash Rail-
'oso Company announces that the time limit on
asI annual passes for the year 1902 has been ex-
'--1eo 10 January 81. 1902
@Eh BANK NICE-PRESIDENT.- S.
-saoFer, recently secretary and assistant treas
E-; of the American Cotton Company, has been
lied active vice-president 81 the Irving National
oenE o. this city AIr. Conover for many years
Is ne credit manager OF the Fourth National
%sak Of this city. and has given special study TO
- nrsheh OF the banking business He has also
- otner positions OF trust and confidence ana
a. Deen identified with several reOrganizations
- Establishments. Mr. Conoyer IS the youngest
-A vice. president IN New-York.