New-York tribune., 1903-02-12
WALL STREET AND EXCHANGES.

FOREIGN TRADING-Foreign houses dealt in
15 900 shares in the 1o-al market. mostly sellers In
the London market English railroad stocks were the
feature and showed an advancing tendency on buy
ing mainly of 81 investment character The reports
in that department We're generally more favorable.
ConsoI- we're little harder. Continental boursas
were firm There change in money quo
tations in the various European centres, but Paris
exchange on London vas frmer
STOCK LOAN QUOTATIONS--Loau quotations
were: Amalgamated Copper Anaconda, American
Ice AtcIi=ou common, pref Vred, Brooklyn Rapid
Transit Baltimore and Ohio common, Chicago Ter
n,j7a1 t.rIorado Fuel. Delaware and Hudson. Erie
common first preferred. second preferred, louis
vile and Nashville Manhattan, Missouri Pacific.
New York Central. Northwestern, Norfolk and
Western. Peoples Gas. Reading first preferred
Rock Island ST. Paul. Southern Railway preferred.
Southern Pacinc Sugar. Tennessee Coal and iron.
Union Pacific common, preferred. United States
Steel common preferred United States Leather
preferred. Wabash preferred Republic Steel com
mon nrcferred and Western Union. 2ta per cent.
MARKET GOssIP.-Bull tips were circulated on
Baltimore and Ohio, but there was no decided buy
in.. Of the stock, National Lead sympathzed With
the strength smeters, and as it is admitted that
the lead situation will ultimately be controlled by
tho American Smelling Company. the Street sup
poses that the arrangements for that purpose are
near completion. Traders big up Erie in the early
afternoon The buying in the 500 issues. like that
I'm Canadian Pacific. WAS for Canadian account
George p Butler & Bro. were conspicuous buyers
ing Valley was based on expectation of the speedy
appearance of a reorganization plan. Efforts to
bull Union Pacific fell fiat. There good selling
in ANA Iga ma ted. General Electric advanced on
the deal with the Stanley company. Missouri,
Kansas and Texas was we'll bought The United
States Leather shares active on reports of an
adjustment of the back dividends on the preferred
stock Lower Wall Street continues rather hulltsh
NJ, Sugar and proba blv bought little stock on
the dav The trade outlook is good for the time
uraC Cd . So iFT he 0f
International Marine the curb.
NORTH AMERTCAN.-The hoard of directors Of
the North American Company has declired q divi-
dAnd OF per cent the capital stock Of the COM
many payable per cent quarterly ON the first dayS
Of March June. September and December Of Tn"
current year This dividend is derived solely from
the int rest and dividends received by the com
panv from its permanent Investments. irrespective
OF the earnings derived from its general opera
tious and business
I-TIrFD STATES STEEL NOT To RETIRE
ALL THE PREFERRED STOCK. The report
that the United States stce' directors Vere con
templsting the retirement Of all Of the preferred
stock of that corporation is pronounced by high
authority as absurd even +" deny
NEW DIRECTOR OF TEAAS AND Pacific
At The meeting Of the directors Of the Texas and
Pacific Rawsy Company to-day James ". Hyde
was elected a member OF the board 70 I'll tho va
Csncy caused by the resignation OF Isaa" j NiStar
several months ago
peoples GAS MEETING.-At the meeting Of
tba directors Of the Peoples Gas Lisnt lpd Coke
company. held yesterday the retiring officers were
re-eleCted
SECURITIES LISTED.-The following securities
have been added to the Stock Exchange list. one
million dollars additional general mortgage per
cent coupon bonds of 1855 of the Chicago. Rock ISL
and and Pacific Railway Company N.2oo"o addi-
tionaI capital stock Of the Manhattan Railway
COMPANY. 81 oo0GA additional general mortgage -
per cent coupon bonds Of 1899 Of the Chesapeake
and Ohio Railway Company: $l,3i4' 'Ts, additional
common stock OF the Buralo Rochester and Pitts
burg Railway Company; tio.oo0.0o0 additional per
cent and participating twenty five year coupon