New-York tribune., 1902-01-09
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt IN
about 4o"0 shares mostly sales. The heaviest
dealings were IN Union Pacific. Reading. Erie
Southern Pacific and United States Steel
STOCK LOAN QUOTATIONS.-I,oa quotations
were: Analgamated Copper. Anaconda. Atchson
common and preferred, Brooklyn Rapid Transit
baltimore and Ohio common. Della aware and Hud-
son. Erie common. Erie first and second preferred
9uisville and Nashville. Manhattan. Missouri Pa
cifc, New-York Central. Peoples Gas, Reading
first preferred. Rock Island. ST Paul Southern
Railway preferred. Southern Pacific. Sugar. Ten
nessee Coal and Iron. Uni)n Pacific common and
preferred. United States Steel common and pre-
ferred. United States Leather preferred Wabash
preferred. Western Union Chicago Terminal. Re-
public Steel common and preferred. 5d5Ie per cent.
GREEN BAY AND WESTERN-The Green Bay
and Western Railroad Company has declared a
dividend or per cent Class A debentures and a
dividend OF per cent the capital stock OF the
company. payable February l. The action of the
Green Bay and Western directors in placing the
dehentures and stock upon a per cent yearly
basis as compared with per cent paid a wear ago
caused the shares TO sell at 20 The last previous
transaction made around So and in 1901 the
stock sold as high 59ia and low as 80 Green
Bay and Western has no fixed charges other than
taxes The debentures entitled to 2l2 per
cent interest II earned after which the stock gets
2l4 per cent. Then the two classes of securities
share equally until they have both received per
cent The debentures then entitled 10 all
surplus earnings.
X
garding the position of the International Paper
Company and the paper trade are wholly at vari-
ance with the known conditions the paper in
oustry. me company has had a prosperous year.
and the paper trade is going into a decline as
indicated by Boston bear reports There is of
course. competition in the paper business but de-
spite this fact. the International Paper Company
earned In 1901 heavy surplus above the preferred
stock dividends. Boston efforts 20 induce active
selling of the Paper securities likely TO be
successful PaDPr ef red iS of tho
tractive Industrial issues
GOLD EHPORTS.-The City Bank withdrew
&o0G0 gold from the Sub-Treasury on Tuesday
and placed 1t In the City Bank vaults This
makes a total Of S1.OooOoO withdrawn by the bank
In the last few days. and II is probable that il will
ship gold by Saturdays steamer
AMERICAN LINSEED.-The advance in the price
of lnseed oil is due to the high prices for faxseed
The demand from large buyers is heavier and II
is expected that prices will rise still higher
DIVIDENDS DECLARED.-The directors Of the
Pacific Coast Company have declared the regular
quarterly dividends of Il. per on the first pre-
ferred. per cent the second preferred and 1
per cent on the common stocks The Great North
ern directors have declared the regular quarterly
dividend of Ia. per cent the preferred stock
payable February l.
UNITED STATES STEEL. STOCKS-The steel
shares were sold for foreign account and heavy
sales for local account made by FL Conten,
x co. and WasseTman Brothers. Keene brokers
bought on the decline also Morgan brokers
hf1f Slbit lhON AND SIEEIA-The Republic
Iron statement will be issued on January 20 Off
GERS say II will be excellent. on January they had
orders enough booked to keep the plants busy for
four months
NORTHERN PACIFIC-Northern Pacific earn
ings for the last week In December ncrea s.,I
SlO.4l4. making gain for the month OF sss2 2sO
From July gross earnings have increased 81 77S l63
APPLICATION TO LIST Observation-Disclosures
has been made to the Stock Exchange by the st
Louis. Iron Mountain and Southern Railway Com
pany 10 list SSS900 additional general consolidated
railway and land grant mortgage per cent gold
coupon bonds of 1881 and 81 100000 additional unity
ing and refunding mortgage 4 per cent gold coupop
bonds of 1929
NEW PUMP PIANT-The International Steam
Pump Company has purchased forty acres of land
In Harrison and will plant and employ 100
hands
4 DIVIDEND DECLARED.-The United States
Fire Insurance Company has declared n semi-an
nual dividend of 8 per cent
SECURITIES LISTED.-The following securities
have been added TO the Stock Exchange list: South
ern Railway Company $4,000 additional ST Iou,s
division first mortgage per cent fifty year gold
bonds; Chicago Great Western Railway Companv
100000 additional common stock and RutIand
Railroad Company. SO $4,000 additional preferred
stock.
TO SELL MEMBERSHIPS -Seventy-one n,am
bershps in the Produce Exchange are 10 be sold a,
public auction on February 12 for non -payment of
dues. These seats do not include the fifty seats
owned by the Exchange. The quoted price of seats
ON the Produce Exchange yesterday was $50
week ago one or more seats sold around $3.50.