New-York tribune., 1902-07-24
WALL STREET AND EXCHANGES

FOREIGN TRADING.-London dealt in about
forty thousand shares, of which twenty-five thou-
sand purchases. The fact that foreign houses
bought balance for the first time in six days e&-
erted favorable effect on the general market.
There was a good foreign demand for Kansas and
Texas common and preferred
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper Anaconda, American
Ice, Atchison common and preferred Brooklyn
Rapid Transit, Baltimore and Ohio common. Chi
cago Terminal Canadian Pacific. Delaware and
Hudson. Erie common. first and second preferred,
Louisville and Nashville, Manhattan. Missouri Pa
cific New-York Central. Northwestern, Metropoli-
tan Street Railway Peoples Gas, Reading first
preferred Republic Steel common and preferred,
Rock Island. St Paul, Southern Pacific, Sugar,
Tennessee Coal and Iron. Union Pacific common
and preferred, United States Steel common and
preferred. United States Leather preferred Wabash
preferred, Western Union and Southern Railway
preferred. 21aa3 per cent
NORTHERN SECURIT1ES-Northern Securities
the feature in the outside market. advancing
from 1854 to 10 sales of about 10000 shares The
strength was due in great measure to the heavy
earnings of Northern Pacific. Great Northern and
the Burlington roads and the improving crop out
look in the Northwest section.
DEMAND AND EQUIPMENT.-A prominent
Western railway president is quoted as follows:
We find great difficulty in getting delivery short
line of materials entering into construction work.
and for cars il is simply out OF the question
get the first tnstalment of an order pIaceu
now before the new year and only premiums will
bring them that early. II is the same with locomo-
eral the order for which was placed several months
ago. Practically all the car and engine works OF
the country sold ahead up to eight months, and
I believe the revolution In railroad equipment
which has demanded heavier type or everything
has only begun. Western railroads continue 10
occupy first place among the purchasers OF cars
and engines. and the big crops now practically as
sured will send them into the market for more
INTERNATIONAL PUMP.-The report of the
International Pump Company for June and for the
three months ending June go shows marked in
crease in the volume of business handled, and, of
course a substantial gain in earnings. Orders
taken in June aggregated S3l2S9O. against S7s3.s37
in June 1901 and s607 23S in June. 1900 on June 80
orders on hand amounted s $50 tOl against g. iS9
lS2 at the time in the year before. For three
months orders received amounted to s. 1915.
against s. 3l3 on in the corresponding period in 1901
The pays dividends OF per cent on us
preferred stoc k and per cent the common. the
latter stock selling under 3d. price manlteStly uh
der its intrinsic worth.
PRESSED STEEL CARS QUARTER.-The
Pressed Steel Car Company reports for the quarter
ended jane 30: Net earnings after all expenses Of
OF plant and machinery have been charged out
SS4 0y3 less charges follows Interest for three
debtecness Nsl.~'V' proportion OF preierred STOCK
dividend s2iSIJ0 reserve for depreciation Of works
p plus for graTter s5s 500 0' FoiIoWing is compari
son OF the financial results Of the quarter ended
June 81. compared with those OF the same quarter
Of the previous year.
Net earninEF s934 oas s5llsls Inc. s422 175
prreia6n ......~...... a422os 2aooos Inc. II2 Ia5
Surplus ............. ssoisoO s2sisco Inc s3oa $50
EMPIRE STATE TRUST COMPANY.-The EN-
pire State Trust Company. with Il capital and
plus Of 81 Oooo9o is ready for business at No. IS
dent; Duncan d. Parmly, yice-president; n. VI.
Cough. treasurer. and E. f. Braine. secretary.