New-York tribune., 1902-05-14
WALL STREET AND EXCHANGES.


FOREIGN TRADING-Foreign houses dealt in
upward of 10000 shares mostly purchases. The
market for American railway shares in London
steady. Kaffir stocks neglected, but
without material change. THE department or
Yankees failed to reflect many pessmistic ideas
telegraphed from New-York 1t is reported that
New-York is carrying large commitments in Lon
don. but money is plentiful at that centre and
lenders offering freely at rates which tend TO
be lower. Good foreign authorities are talking
bullshly on Baltimore and Ohio and Union Pacific.
predicting especially for the latter an early lively
market and sharp advance.
STOCK LOAN QUOTATIONS.-Loan quotations
Amalgamated Copper, Anaconda, American
Ice, Atchison common and preferred Brooklyn
Rapid Transit Baltimore and Ohio common, Chi
cago Terminal. Colorado and Southern, Delaware
and Hudson, Erie common, first and second pre-
ferred Louisville and Nashville, Manhattan, Mis-
souri, Pacific, New-York Central, Northwestern.
Metropolitan Street Railway, Peoples Gas. Read
ing first preferred. Republic Steel common and
preferred Rock Island St. Paul Southern Rail
way preferred, Southern Pacific, Sugar, Tennessee
Coal and Iron. Union Pacific common and pre-
ferred United States Steel common and pre-
ferred. United States Leather preferred. Wabash
preferred Western Union. 7@S per cent
NEW INTERESTS IN MANHATTAN LIFE.-At
the annual meeting of the Manhattan Life Insurance
Company held yesterday the directors Of the ex-
piring class reelected for the term Of three
years. the vacancies in that class being filled by
the election of John Sherman Hoyt, Albert c.
Bostwick and Bradford b. McGregor, all Of this
city. other directors Of the second class, whose
terms expire in May. 1906 and reelected yester-
day. are as follows: George w. Quintard, Edward
A Walton O. G. Walbrdge S II. Smith. benjamin
Grnen. David II. Rowland. Edward H. Scheu Eu-
gene Van schaick and Robert NJ. Galloway.
CAMDEN LAND STOCK.-The buying Of Cam
den Land Stock on the curb has brought forth sew
eral inquiries regarding the company. and the fol-
lowing facts have therefore been secured from Of
fetal sources: The company owns 500 acres Of land
In Camden. Ne. extending three miles along the
ocean front. Building operations on the company's
land and in Camden are heavy, and 1t is expected
that net earnings OF the company in 1902 VIII be
large enough TO pay dividends the stock There
are no bonds and no preferred stock The directors
are f NJ. Tucker 5. l.. Symonds and Walter r.
Lewis all OF Boston; Frederick NJ Peck, OF Hart
ford and John a. Balister. Of New-Iork Robert
Appleton tr OF No Pine-st.. New York. is the
selling agent The company IS on a sound financial
basis
WABASH.-The absorption OF Wabash debenture
Il bonds has steadily continued until large lots are
no longer obtainable. at least at current prices
The buying Of Wabash stocks has likewise leen Of
an excellent character. The plans for the exten-
sion OF the Wabash Railroad system have been
carried through quickly and successfully, and are
expected result in a great Increase in traffic for
tho road.
HEAVY LENDER OF MONEY.-The Morton
Trust Company loaned several million dollars yes
terday at q per cent
CENTRAL REALTY BOND AND TRUST CON-
FANY.-At a meeting yesterday OF the board OF
directors Of the Central Realty Bond and Trust
Company a sem-anuual dividend OF per cent was
declared. payable July l. 1902 The transfer books
Will close June y and will reopen on July
To INCREASE CAPITAL.-At the meeting Of the
directors Of the Bond and Mortgage Guarantee
Company. held yesterday. it was voted to recon-
mend TO the stockholders that the capital stock
OF the company be increased from 100000 To
100000. the new stock TO be issued pro rata to
the present stockholders at Sllo share. the price
at which the original capital was paid In. a spe-
cia meeting OF the stockholders will be called for
June 4 vote the proposition.
TABLES OF BANK AND TRUST COMPANIES.
William l.. Nichols Il Co have compiled in
eresting tables Of great value to holders Of bank
and trust company stocks The various institutions
in New-York and Brooklyn. together with their
capital; deposits earnings, dividends and other
tistics. are arranged in these tables in way that
affords handy and convenient reference for the
investor. The firm has also compiled honor
list Of the best ten bank and trust companies.
Judged from the point of view OF both the investor
and depositor.
CONSOLIDATED TOBACCO BONDS.-The recent
purchases of the per cent bonds OF the Con
solidated Tobacco Company said to have been
largely for interests identified with the company.
At the present price the bonds return per on
the investment, with probability Of material
improvement in the market value Of the bonds
themselves
Manhattan Railway for the quarter ended March
81 showed gain in gross Of $316.l93. and a gain
in net of $32395l The surplus after charges and
dividends $i6l 400, against $220S37 in the
time a year ago. From July l surplus has
amounted 1921 S23. against $ll72O9 in the CORE
spending period in 1901. Since July the company
has carried 1880 227 more passengers than In the
time last year.
APPLICATIONS TO LIST-The following COM
panies have applied the New-York Stock FIX
change to list bonds The Chicago, Rock Island
and Pacific Railway Company. 100000 additional
first mortgage per cent bonds OF 1917 Missouri
Kansas and Texas Railway Company Of Texas
1000 additional first mortgage nifty year 3 per
cent guaranteed gold bonds of 1912. The Mexican
Central Railway Company. Limited, has applied to
the Stock Exchange to have listed $1O,OO0OO col
lateral trust ~ PEI cent gold coupon bonds first
series. of 1907. Application has been made to the
Stock Exchange by the Norfolk and Western
Railroad to list $2OOOOOOO gold per cent Joint
bonds. POcahontas coal lands purchase first mort
gage OF 1871.
PRICE OF COPPER ADVANCED-The price Of
lake copper has been advanced one-fourth cent
a pound. No large amounts offered within one
fourth cent Of the advanced figure The CONNER
cial situation is showing Improvement II is claimed
that for the last three months the exports Of
copper from the United States have exceeded by
10 per cent the total production of the country
BROOKLYN RAPID TRANSIT-It IS reported
that important market interests have been ac-
cumuatng Brooklyn Rapid Transit I'm anticipa-
ton or an upward movement in 1t resulting from
enlarged traffic on the advent OF hot weather.