New-York tribune., 1902-12-12

,-+ a,,.ricap shares were weak Interest in Lon
don centred largely in the kaffr STOCKS "iicn
were active and higher. and on the hiai heu iil
movement in consols. The latter was important
i, indicating a clearer outlook for the money sltua
ton and the probability that weak Contnehta
holdings had finally been absorbed The BANK ra'e
was unchanged, and the return showed an improve
rnent in the proportion of reserve 10 naoii'ies' "
+Io,,sb tbere was heavy loss of bullion the
week.
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 Colorado Fuel and Iron, Delaware
and Hudson, Erie common first and seconu pre-
ferred Louisville and Nashville. Manhattan. MIS-
souri, Pacific New-York Central. Northwestern
Norfolk and Western Peoples Gas, Reading first
preferred Republic Steel common and preferred
Rock Island st. Paul. Southern Railway preferred
Southern Pacific Sugar. United States steer coni-
mon and preferred. United States Leather pre-
ferred Wabash preferred and Western Union ot2
per cent and Union Pacific common and preferred
per cent.
MARKET GOSSIP.-It was reported that the
heaviest selling in Southern Pacific and United
States Steel was for Mr.. Keenes account Inc
United States Steel shares reached new low level
also Rock Island common. Canadian interests were
active sellers of Canadian Pacific insiders sofa
Hooking Valley. 1t was said that on the dechne
large blocks of stock were taken by Morgan Gouid
and Rockefeller Interests.
RUBBER GOODS DIVIDEND.-Rumors nave
been current within the last few days that the
Rubber Goods Manufacturing Company is likely 10
begin the payment of dividends at the rate Oh
per cent per annum the common stock in the
near future. Interests close to the company. now
ever place credence IN the reports 1t is under
stood that the directors of the company have not
considered any such proposition Although the
earnings of the company said TO be very prom
ising and are showing good increases. yet the d.
rectors are understood to favor the more conser-
vatfve plan of not making any payment on the
common stock at present
REPUBLIC IRON AND STEEL--President
Thompson of the Republic Iron and Steel Com
pany says that the statement of earnings for the
half year ending with this month will be fully as
gratifying as previous reports. The company has
all the business it take care of until next
July Prices have remained steady, all reports TO
the contrary Notwithstanding. The hsures VIII not
be issued until after January 20
APPLICATION TO LIST.-The Atlantic City
Railroad Company has applied to the New-fork
Stock Exchange list s1.063Ooo first consolidated
mortgage per cent gold bonds of 1852
COLONIAL TRUST COMPANY.-The board OF
trustees of the Colonial, Trust Company has de-
cIared the usual semi-annual dividend of per
cent payable January 2. 1903. to stockholders OF
record December 20. 1902
H. G. LLOYD CHOSEN PRESIDENTIAL
meeting of the board OF directors of the CONNER
ciaI Trust Company OF Philadelphia yesterday,
several changes made in the personnel OF the
staff. and director was elected H. G-
LLOYD was elected president of the company;
Thomas De Witt Cuyler, vice-president and coun-
sci; James H. Hyde of NewYork, vce-president,
and H. c. Deming, vice-presdent of the Mercan-
tile Trust Company, NewYork. a director
NEW MEMBERS OF EXCHANGE.-James Nor
ris OIyphant T. Ferdinand wilcox and R. l. lde
were Yesterday elected members of the NeW-fork
Stock Exchange.
NEW DIRECTOR OF LINCOLN TRUST.-At
meeting of the board OF directors OF the Lincoln
Trust Company. William G. Park. formerly OF the
Park Brothers Steel Company, Pittsburs was elect
ed a director of the company
CR l. & P MORTGAGE BONDS.-The Chicago.
Rock Island and Pacific Railway Company gives
notice that the semi-annuai interest due January
rext OF the per cent first mortgage bonds OF the
Chicago Rock Island and Pacific Railroad Com
pany and the per cent general mortgage gold
bonds of the Rock Island Railway Company Will
bc paid on and after December z at the First Ma
tional Bank of this city. BY this action the com
pany anticipates the payment OF this interest by
more than a week.