New-York tribune., 1902-05-15
WALL STREET AND EXCHANGES

FOREIGN TRADIEG-Foreign houses dealt In
about 10000 shares. mostly purchases The marked
strength shown in American stocks in London was
in some measure due to Fairy bullish local feel
ing, although it thought that there was con-
siderable account open there for New-York and
some of the buying orders before
the opening here. The further advance of "a per
cent in ConsOIs and the strength in Kaffr stocks
were ascribable the satisfactory outlook in
South Africa. There was no feature in money or
exchange in any of the European centres Bar
silver showed rather heavy tendency.
STOCK LOAN QUOTATIONS.-Ioa quotations
were: Amslgamated Copper Anaconda, American
Ice AtChison common and preferred. Brooklyn
Rapid Transit. Baltimore and Ohio common. Chi
Cago Terminal. Colorado and Southern. Delaware
and Hudson, Erie common. first and second pre-
ferred. Louisville and Nashville, Manhattan. Mis-
souri, Pacific New York Central Northwestern
Metropolitan Street Railway. Peoples Gas Reading
first preferred, Rock Island, ST. Paul, Southern
Railway preferred. Southern Pacific, Sugar. Ten
nessee Coal and lion, Union Pacific common and
preferred. United States Steel common and pre-
ferred. United States Leather preferred. Wabash
preferred Western Union and Republic Steel COM
and preferred. 8 per cent.
ATCHISON'S PROSPECTS.-Edward P. Ripley
president of the Atchson. Topeka and Santa Fe
Railway Company, who is and who has
recently returned from long trip To the Pacific
Coast says:
private dispatch received this morning from
of our directors who lives in Kansas saws
IdsI IIlS5lt; [S d lndIlet OF TACT n0~rNeI II was
not needed AZ the moment II IS sun rather early
from 30 to 81 per cent as large as that Of last
year which bumper crop II is. of course
still harder to give an estimate with respect 10
considerably larger than that of last year. The
farmers are prosperous IN spite spite or the smaller
contenc with smalIe. crops this year without being
discouraged over the situation. Everything in Cal
iforna Is looking we'll
NATIONAL LEAD.-An authority in the lead
trade says that in several months has trade in
lead products been so active it has for the las,
few weeks. Corroders sold ahead for several
months. Prices somewhat irregular. and for
large orders concessions are made
TWIN CITY RAPID TRANSMITS terms ot
the subscription To the issue of Twin City
Rapid Transit stock follows. Subscribers
may take 10 per cent of their holdings in new stock
par. paying - per at the time OF subscrip-
ton > per cent August 1. 1892, > per cent Oc
tober 1902, and y per Decemberber = 1872
VOTING FOR EXTRA HOLDAY.-The govern
ors OF the Stock Exchange will take action
proposition close the Exchange Saturday May
81. We'll Friday May 80. Memorial Day.
Securities LISTED--The following securities
have been added the Stock Exchange list. Sl2-
On additional first mortgage fifty year per cent
guaranteed gold coupon bonds % 1852 Of the Mis-
souri. Kansas and Texas Railway Company; sna-
oNo additional first mortgage per cent coupon
bonds of 1917 Of the Chicago. Rock Island and Pa
CifC Railway Company. s900 40 additional first
solidated mortgage per cent gold coupon hondS
Of 1919 Of the Wheeling and Lake Erie Railroad
Company. SAA.0o1 additional { per cent dehentuT4
stock Of the Chicago Great Western Railway
Company. 100000 additional first consolidated
mortgage one hundred year a. per cent gold coupon
bonds Of ;a99 Of the Hooking Valley RAILWAY COM
pany. ssoooo additional capital stock OF the New
Amsterdam National Bank Of New-York; s92eaO
Mobile and Ohio stock certificates ~ the
Southern Railway Company $50 1000 additional
first mortgage per cent gold coupon bonds u
2t0a Of tho Texas and Pacific Railway Company;
S2S7OH additional Louisiana Division Branch Lines
nrst mortgage per cent gold coupon bonds ~ 1s1
Of tho Texas and Pacific Railway Company s.
O00@N per cent Illinois Central stock interest Csr-
tinCates Series A of 1872. Of the Railroad So
curitiss Company: S5N0OCo per cent cumulative
preferred stock and $1,000 n0o common stock Of the
George A Fuller Company: 81. .4l6OOO 5 per cent cu-
mUlative preferred stock and S7.403Oo common
stock of the General Chemical Company. and t2o
co.. eco prior lien al per gold coupon bonds 81
1925 go 90 COO first consolidated mortgage per cent
gold coupon bonds of 1851, S5O0636oO voting trust
certificates for per uOn-Cumulative preferred
stock and So, $4,000 voting trust certificates for
common stock of the National Railroad Company
OF Mexico.
NEW BROKERS FIRM-Charles Sternbach
Sidney NJ stcrnbach and Adolph HoeIand have
formed a co-partnership under the name Of Stern
bach & Co. to conduct the business of bankers and
brokers Charles SterubaCh up 10 few months
the senior member or the well known Dry
goods house of FL Herman. SterubaCh < Co. and
is one the oldest directors of the National Park
Bank. Sidney Sternbach and Adolph Hoeland are
we'll known in the banking circles in Wall Street
Sidney SternbaCh represents the firm in the New
York Stock Exchange.
UNITED RAILWAYS OF ST. LOUIS-The buy
ing of United Railways of ST Louis securities yes
terday attributed to the large earnings Of the
company for May. The gross earnings for the last
several months said TO have been considerably
in excess OF the estimates made by the expert
when the consolidation of the constituent proper
ties was made
NORTHERN NATIONAL. BANK.-The recently
organized Northern National Bank will open for
business Monday. May 10. NJ No 692 Broadway,
corner of Fourth-st The capital stock. which was
more than three times OversubsCribed is Sa0s'.
and the surplus is S2o0OOD-aU paid in Frank C.
Mayhem formerly president Of the Broadway
branch Of the Corn Exchange Bank. will be th4
president ot the institution and Charles u.
Balmauuo will he the cashier The following are
the board directors: Charles n. simmons, Joseph
H. Reug. Henry NJ. Brigham. Jacob 9. simon
Sidney Bernhetmer, William q. Allison and Maurice
Brill
BANK OF THE METROPOLJS-I5 is understood
that a proposal for increasing the capital stock cf
the Bank the Metropolis, in connection With the
construction of the building being erected
for the institution the opposite from its
present home at Broadway and Sixteenth-st.. is
being Informally considered by the directors
BOSTON EDISON co. INCREASES STOCK
Boston, May 1.-THE stockholders Of the Edison
special meeting TO-DAY voted increase the cap
ital stock by 1880 shares and authorized the IL
rectors to sell five parcels of real estate owned
by the company and not needed in the business
The issue will provide S.SOOOOO and it is made
capitalize expenditures this year of Sl0eOo for
ext imprOVemPnfS- 10