New-York tribune., 1902-04-13
MINING STOCKS


FOREIGN TRADING.-Foreign houses were not
active in the local market. dealing In about 2CN
shares mostly purchases. The London market
closed with American stocks generally firm spe-
cial strength was shown in Baltimore and Ohio
and St Paul. and the quotation for Louisville was
nominal as traders refused make a price. The
mining stocks were firm. and Consos continued to
show strength on the South African peace pros
pects Bar silver was noticeably weak.
TO EXTEND UNITED STATES STEEL SYNDI-
Gates TERM.-The time of the original under
writing syndicate of the United States Steel Corpo-
ration expires by limitation on July l. 1t is said
however that for the purposes of the bond issue the
time of the syndicate will be extended. 1t IS proba-
BILE that the first important work to be qndertaken
Gelvered at that point from Pttsburg and at cheap
rates as the PittsburS Bessemer and Lake Erie
Railroad Company. while sending much freight
frSight frS9 the 7NSS 10 f'''S'O'S mas '''''F
STOCK EXCHANGE FIRM CHANGEs.-The
copartnership heretofore existing under the firm
of Adams & Clarke has been dissolved by
mutual consent. Thatcher NJ Adams jr-, or
Thomas Ludlow Clarke will sign for the firm in
liquidation at the office Of Clarence s Day * Co,
No. 10 WaIl-st. Thatcher NJ. Adams jr Thomas
l.. Clarke and Julian Day have been admitted 10
partnership in the firm of Clarence 5. Day * Co.
NEW STREET RAILWAY--The Boston inter
ests controlling the Dallas Electric Light Company.
of Dallas Tex. have obtained a franchise for
ns% iracs s'Fs' of the % consodated street RAILWAY o
pany in in s sa Of viii hhg be PFhiPa a m onse
RAILROAD GROSS EARNINGS.-"The Finan-
cia Chronicle computes the gross earnings of fifty
roads for the fourth week of March 1892 S1SlSS,
405 an increase 81 79i. per cent;
month Of March eightynne roads report s5s s947.sl3
an increase of 50 1885. $50 per cent. The str
ing fact in the exhibit for March is that the i'm
there existed in the month in question number OF
unfaVOrabIe factors and circumstances. There
much interruption from bad weather while the
cot ron movement In the South 5 we'll the grain
preceding periods. added Signif-
cance given the gain In March by the fact that
mn made heavy
earnings For the first week of April twenty
five roads earnings of S3.9 ,066
crease of s257.4o1. or 70i Per cent.
Los ANGELES BOND BILL-The Greene bill
legal investment for the New-York savings banks
is now awaiting the signature of Governor OdelL
n W. Halsey said yesterday regarding these bonds
credit derived from the
n1ent of all obga tions. OF having far in
cess of her liabilities and low debt per ca pitaI
and n small debt in percentage of assessed vaua-
showing than almost any city whose bonds are nov
legal investments for New-YOrk savings banks
The increase in population In Los Angeles from
1890 to 1890 showed a greater percentage of gain
than any city in the United States
CHICAGO. INDIANAPOLIS AND LOUISVILLE
The officers of the Chicago Indianapolis and Louis
vile said that the dividend of cent the
mon stock was declared "a dividend and covered
no specified period 1t is semi officially stated how
ever that the dividend declared out of the
surplus earnings for the first three months of the
calendar year.
BANK CLEARINGS.-T bank clearinrs of all
week ending April Il 81 331 S3S AGAINST go
324 .9S in the preceding week and 81 946 "a
the corresponding week last year
SOUTHERN RAII4WAY.-Southern Railway earn
ings for the first week in April increased s5s IA
over the time a year ago making an increase
from July l of S.227.S61