New-York tribune., 1902-05-22

FORErCN TRADING-Foreign houses dealt in
s 900 shares in the local market, mostly purchases
Although the buying of American stocks In London
was helped by orders from New-York. the senti-
ment was generally bullish. and considerable
strength shown in all the active issues cana
dian Pacific exceptionally strong Money was
in fair demand In all the European centres. anu
there was quotable change In Paris or Berln
exchange The steadiness Of Consols and the Kar-
fir stocks indicated the London market still hope
full Of an early settlement of the Boer war
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper Anaconda. American
Ice. Atchison common and preferred. Brooklyn
Rapid Transit Baltimore and Ohio common. Chica-
go Terminal Colorado and Southern. Delaware and
Hudson, Erie common. first and second preferred
Louisville and Nashville. Manhattan. Missouri Pa
cific New-York Central. Northwestern, Northern
Pacific preferred. Peoples Gas. Reading first pre-
ferred Republic Steel preferred. Rock Island. St
Paul Southern Railway preferred. Southern Pa
cifc Sugar. Tennessee Coal and Iron. Union Pacific
common and preferred. United States Steel com
mon preferred United States Leather preferred
Wabash preferred. Western Union per cent.
KANAWHA AND NIICHIGAN.-It is reported
that the Hooking Valley Railway Company has
sold an issue OF 81 100000 bonds provide equip
ment and improvements for the Kanawha and
Michigan Railroad. The parent road issued ITS
own bonds and becomes creditor to that amount.
rather than make the security one OF the kanawha
and Michigan Railroad. The Kauawha and Mich
igan is enjoying a large traffic business. and in
order better 10 handle the increase in business
large expenditures being made on the property
IMPROVEMENTS ON BALTIMORE AND
OHIO-The management OF the Baltimore ana
Ohio Railroad has decided TO make very important
yard improvements at ConneIsville. Penn, and
Paramount w Va At Connellsville divisional
terminal facilities will be constructed TO handle
800 cars at a cost Of about $4,000. and at Fair
mont where the coal comes from, new yard.
shops and other buildings for taking care OF loco
motives at a cost OF $4,000. Bids being
received for the work and both of these improve
raeuts will be pushed to early completion.
COPPER AGAIN ADVANCED ONE-EIGHTH
CENT.-There considerable activity In the
and prices have been advanced &c further all
around Lake closed quoted AT 12asca l2.S5c- There
were sales Of 10000 pounds OF lake. spot delivery,
at 12lsc. and 10000 pounds OF electrolytic. June
and July delivery. at u 321sc.
RAW SUGAR HIGHEIG-A sale OF 1900 bags OF
centrifugal sugar made yesterday afternoon
7-l6c basis 80 degree test. This is an advance
OF I-22c over last previous sale of centrifugal
sugar.
COLLAPSE OF CAPE BRETON BONDS.-At
public auction yesterday afternoon 10000 OF the
Cape Breton Railway first mortgage per cent
bonds. due 2dol. sold for N,6l0 somewhat
over per cent OF the par value. These securities
figured in the Meyer syndicate operations. and
offered the public by OF the firms which
failed when the syndicate collapsed
ELECTED TRUSTEES.-At a meeting Of trus-
tees OF the Continental Trust Company. held yes
terday. John A. Mccall. president of the New-York
Life Insurance Company. and Charles W Hark-
ness were elected trustees. to fill vacancies.