New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1902-04-05

FOREIGN TRADING-Foregn houses generally
sold the advance in the local market, putting
out in all about ten thousand shares.
STOCK LOAN QCOTATIONS-Stock loan quota
tions Amalgamated Copper. Anaconda Atch-
ison common and preferred. Brooklyn Rapid
Transit, Baltimore and Ohio common. Delaware
ferred: Louisville and Nashville, Manhattan. Mis-
souri, Pacific, Metropolitan Street Railway People
Gas, Reading first preferred Rock Island ST. Paul,
Southern Railway preferred, Southern Pacific.
Sugar Tennessee Coal and Iron. Union Pacific
common and preferred. United States Steel com
and preferred. United States Leather pre-
ferred Wabash preferred, Western Union Repub-
lie Steel common and preferred. STAT per cent:
Colorado and Southern common fat 10 .; American
Ice preferred and United States Rubber preferred,
fiat
AMERICAN GRASS TWINE.-The stock of the
American Grass Irvine Company is being accumu-
lated by a good class OF buyers. 1t Is understood
In well informed quarters that the stock is eN-
pected 20 sell very much higher owing to the com
pany's rapidly expanding business. Current orders
are heavy and the demand for the company's
products appears unlimited The buying of the
stock has caused several inquiries from investors
regarding the concern, and in reply 1t may ne
stated that the company is a consolidation of the
Minnesota Grass Irvine Company. the Wisconsin
Grass Irvine Company and the Northwestern Grass
Irvine Company The capital stock is $l500o,ooe In
March. 1900 the company acquired the W. A
Wood Harvester Company. and erected large
!
companys products are made of a variety OF grass
which yields fabric equal Manila hemp From
the known earning power of the company IL is
reasonable to expect higher prices for the stock
COLORADO AND SOUTHERN.-The buying Of
Colorado and Southern based on the Denver
report that purchasers Of the road acted
for the account OF the Rock Island company 1t
said that the proposed increase of 100000 in
the capital the Rock Island which will he voted
on by the stockholders Of that road on June I, is
for the purpose of extending the Clear Creek
Branch Of the Colorado and Southern across the
range through Middle Park and Routt County. thus
establishing air line from Denver to Salt Lake.
This report was subsequently deEied.
THE BULL MOVEMENT IN COTTON.-The
broadening speculation in is beginning TO
tract the attention the financial community.
The bun movement is being conducted under the
leadership of Theodore II Price, who is confident
of much higher prices for cotton in the immediate
future. II is thought that the movement of the
last few days shows that the crop is almost
tirely exhausted, and that the stocks at Ncw-York
and New-Orleans. together with the small
quantity left in planters hands, includes practi-
cally the whole supply.
NEW RAILROAD EQUIPMENT.-"The Railroad
Gazette reports the following orders received
by the American Car and Foundry Company: The
pers. 100 fiat and combination passenger mail
and baggage cars: the Cuba COMPANY 100 freight
cars; " E Rrice. 100 freight cars; the Lexington
and Eastern Railroad Company 100 coal cars; the
Des Moines Iowa Falls and Northern Railroad
Company coaches miscellaneous parties. is cars
of various types.
MOVEMENT OF MONEY-Accordng TO the
compiia ton made by The Ncw-York News Blu
reau' the local Sub-Treasury paid out this week
nearly 100000 for government interest. but these
disbursements do not appear i'll the Sub-Treasury
statement The official figures of that institution
show a loss by the banks OF s203o.000 to which is
be added A loss last week not previously report
cd $3.50 900 total of 1850 600. The banks gained
from the interior 1885 T43 a loss the banks
s. s24 PSI On the other hand. a number OF the
larger banks have decreased loans and deposits
o extent that may cause only slight change
be shown In the surplus
CHOCTAW COMMON DIVIDEND INCREASED.
The Choctaw Oklahoma and Gulf Railroad
Company has declared dividend of per
its common stock. an increase of y per cent
pared with the last preceding payment. The usual
semi annual dividend of 2i2 per cent also was de-
cared the preferred stock
SOUTHERN PACIFIC EARNINGS.-Earn of
the Southern Pacific In February showed a de
in net, owing TO heavy increase in OPP
Grating expenses. Gross earnings increased S3iJ-
90 and net decreased slSS12T. Fixed charges and
bftterments were more than the total income for
the month. and consequence there
deficit OF $5S75S3. From July /. however. to Feb
ruary % the company showed surplus of 81 eff
32l
GRAIN EXPORTS FOR THE WEEK-'Rrad-
streets reports the exports of grain in bushels,
-four 4446.9l7 compared with 1893 Ss3 in this week
last year; since July /. l9SSi5.95 contrasted with
5622.ll7 in the same time last year: corn. $751;
compared with 2.9905i1 in thia week a year ago:
since July |, 2i6i70 against 146.956S7S in the cor
responding time last year.