New-York tribune., 1902-07-01
WALL STREET AND EXCHANGES.

WALL STREET AND EXCHANGES
FOREIGN TRADING-London houses dealt in
6OOO shares evenly distributed The London mar
ket generally showed more optimistic tone al
though IL not reflected IN any consideraole
activity in American stocks. There was consider
able strength in consols. however, which gained y
per cent. and the Kafir stocks were generally
better Money IN fair demand in the different
European centres, and there no fea ture In ex-
change. Bar silver was rather heavy
STOCK LOAN QUoTATIoNs.-Loan quotations
Amalgamated Copper, Anaconda, American
Ice, Atchison and preferred Brooklyn
Rapid Transit, Baltimore and Ohio common Chi-
cago Terminal Canadian Pacific, Delaware ana
Hudson. Erie common. first and second preferred
Louisville and Nashville, Manhattan Missouri "a
ciffc New-York Central, Northwestern. Metropoi-
itan Street Railway, Peoples Gas, Reading hrst
preferred Republic Steel common and preferred
Rock Island st. Paul. Southern Railway preferred
Southern Pacific, Sugar. Tennessee Coal and Iron'
Union Pacific common and preferred United states
Steel common and preferred, United States Leather
preferred, Wabash preferred, and Western Union,
per cent
JULY INTEREST PAYMENTS-"The Daily
Stockholder' says that with the single exception OF
July, 1901 disbursements for the current month are
the largest record and would exceed the heaVy
total of a year ago If the dividend on the United
States Steel preferred shares included In this
months payments as they in the like period
year But the dividend period on this ISSUE as
also on few others of less importance having
been changed to August. total disbursements show
as compared with those of July. 1901, falling Off,
Interest becomes due to-day on bonds having par
value of s65 80, calling for the distribution of
81 264 533 as compared with $50 1888 4S9 year ago.
1876 in 1900 SOL 800 S7 in 1899 and s6SS62S In
1895 Dividends are payable on stocks having par
value of S7S 1852 599 calling for SAB ISL as against
S SIC Oi4 last year 3S 611 252 in 1900, $3SOloIS in
1899 and s27 93O5S in 1895 The government disburses
this month for interest s4.5OO,OOO and for pension
payments sl225OOoO. Total disbursements sl5.Ol7SH.
as compared with sl23 94S3 last year Sloo'OoS In
1900. So 32i 70S in 1899 and sSiS22,7Sl in 1898
THE CO1rNTY,s RAILWAY MILEAGE.-'The
Railway Age" says that the railway mileage OF the
United States has passed the two hundred thousand
mile mark The track laid in the first half OF TINS
year on 155 lines aggregated 234 miles bringing the
total mileage in the United States up to 2mss9.
Texas shows the largest new mileage, with 30.
Oklahoma and the Indian Territory tied
for second place. with 211 miles each. and New
Mexico is fourth. with 1870 miles. While the
new mileage is widely distributed. a greater por-
ton Of it is in the Southwest five States in that
section contributing no less than 9S4 miles
ST PAUrI.-Earnings of the Chicago. Milwaukee
and St Paul for the eleven months Of the fiscal
wear to May 81 indicate that the company VIII
show after the per cent on the preferred STOCK
10 per cent on the common. The increase In eN-
penses in the year has been unusually heaVy'
large amounts from earnings having been put into
the property.
CANADIAN PACIFIC-Earnings of the Cana
dian Pacific in May increased in gross SS22S5 and
in net Sl5s.6sS over the same time a year ago.
From July l, 1901 gross earnings have Increased
s6l70O6 and earnings 2.25l.2S2
APPLICATION TO LIST.-Application has been
made TO the Stock Exchange to list Buffalo.
Rochester and Pittsburg Railway $4,000 additional
general mortgage per cent bonds Of 1881. and
Cleveland and Pittsburg Railroad Company siasIOOO
AZ per cent general mortgage bonds of Series B OF
1872 interest reduced TO 312 per cent.
COLORADO RATE WAR ENDED.-The rate
war that has been carried on between Denver
Southwestern and Colorado Springs and Cripple
Creek Short Line has been settled The new rates
go effect Immediately.
CITY BONDS.-Dominick & Dominick. of No 100
Broadway, in connection with Weles Herrick &
Hicks. of No. 10 Wall-st.. offering TO investors
new 312 per cent City of New-York gold bonds, ex-
empt from taxation. Executors. administrators,
guardians and others holding trust funds are au-
thorized to invest in these bonds.
AMERICAN COTTON neutrality-suspicious. will
be received by Charles Hathaway & Co. OF this
city, and w o. Gay & Co. of Boston, at par and
interest, for 81 OJOOOO three year per gold
debenture bonds of the American Cotton Company,
being part of total issue of 100000 the balance
having been placed at private sale. The bonds are
a direct obligation of the company. are redeemable
at its option at lO5 and interest on any interest
date. and are secured by assignment TO the Cen
trail Trust Company, of New-York. trustee, OF all
letters patent of the United states pertaining 10
the lap bale process. of $35OOoO in the stock
of the Walburn- -Swenson Company and of S2.O3S $50
in the stocks OF nine corporations recently organ
zed through the States of the South. with net as
sets which are stated to be fully equal to such
capitalization
ONEIDA COUNTY BONDS.-N. w. Harris & Co
own and investors 100000 County of Oneida
n y Court House registered 31es maturing in
series 1903 TO 1884. They legal investments for
savings banks and trust funds in New-York State.
NEW STOCK EXCHANGE FIRM.-The firm OF
Rolston & Hooley expires to-day by limitation and
the business of the firm will be continued by Edwin
S HoOley Frank E. Brumley and Herbert Helm
sheimer under the firm name of Edwin S. Hooley
& Co Frank E. Brumley is the Stock Exchange
member of the firm. Mr.. Hooley has been in Wall
Street for twenty-five years. managing part
ner of the old firm for the last fourteen years and
is associated with many large financial interests