New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-02-22

THE COTTON CONGRATULATIONS to The
Financial Chronicle the total receipts of cotton
for the week ended February 20 reached 152 O99
bales against 1905 last week and 93 2S9 the pre-
vious week making the total receipts since Sep
TENDER /. 1902. 6.3e56s1 bales, against 621557 for
the period of 1901 o2. showing an increase
since September l. 1902. of 1501H bales.
ST. LOUIS AND SAN FRANCISCO.-It is re-
ported that officials of the s. Louis and San Fran
cisco Railroad Company perfecting plans for
raising about sl50co.ooo to supply funds for the
completion of the Nex-Orlaans extension up the
Mississippi River to Memphis. where it said d
connection will be made with the Birmingham line.
According the report, the money will be OBJ
tanned By the sale of per cent bonds, TO be Sc
cured by first mortgage on the Memphis and New
Orleans line.
FRIDAYS STOCK LOAN QUOTATIONS.-There
little inquiry in the stock loan department
of the Stock Exchange on Friday. Final loan quo
tations were: Amasamated Copper, Anaconda.
American Ice Atchison common and preferred,
Brooklyn Rapid Transit Baltimore and Ohio COM
mon, Chicago Terminal Colorado Fuel. Delaware
and Hudson, Erie common. first and second pre-
ferred Louisville and Nashville. Manhattan Mis-
souri, Pacific. New-York Central, Northwestern,
Norfolk and Western. Peoples Gas Rock Island
st Paul, Southern Railway preferred, Southern
Pacific Sugar. Tennessee Coal and Iron, Union Pa
cific common and preferred, United States Steel
common and preferred. United States Leather pre-
ferred Wabash preferred. Western Union and
Reading first preferred. 90 per cent.
AMERICAN STEEL ACKNOWLEDGEMENTS of
the American Steel Foundries Company in
creasng al rapid rate. and there is every pros
pect that the stock will be placed on a
dividend basis in the next fiscal year. Net earn
ngs for the last quarter amounted to si3S $50. AS
the preferred stock dividends call for S232 there
surplus for the common of s2063S9. There
has been quiet inquiry for the common stock in
the last week. and ii is generally believed that
when general bull market develops its price will
enjoy sharp advance.
STRONG BOARD OF DIRECTORS.-The atten-
ton attracted TO the Lackawanna Steel Company
by reason of its plans for extension and develop
ment of its property makes it of considerable inter
est 10 know who the men who manage its af-
fairs and whose influence is cast in its favor. Sew
eral men who will be recognized representing
the Taylor-Pyne interests in the directorate.
Members Of such important banking houses as
Blair az Co and Iselin G. Co. and of large a
commercial house Phelps, Dodge G. Co. also
members Of the board Mr. Twombly who is also
director, will be recognized for his Vanderbilt
associations besides his position large private
capitalist. Cornelius Vanderbilt too. is i'm the
board. Important shipping interests also md rep
resentation in the person of Mr. Forbes The large
Lebanon. Penn. steel interests naturay are repre-
scented, together with the Lehigh Valley Railroad
and coal companies. Other ca pitalists of prom
thence and influence numbered among the di-
rectors The fun board of directors of the COM
rany as row constituted. is herewith given: Adrian
Iselin jr.. D. c. Blair. William l.. Dodge Henry
Walters Samuel Mather. W. Delano. jr.. NJ Taylor
Pvne II. A. c. Taylor. II. NICK. Twombly, J. j.
Albright. %. o. Mills. Edmund Hayes c. Wander
bilt B. S. Guinness, B. Ii. Buckingham. Moses Tay-