New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-02-18
MINING STOCKS.
WALL STREET AND EXCHANGES.

FOREIGN TRADING Foreign houses dealt III
u ofn shares in the local market buying on balance
In London consos verc noticeably weak. probably
ON the proximity of he new Trsnsvaal loan and
thu unsettled condition Of affairs IN Turkey Money
was harder in Paris. and exchange in both Paris
and Berlin showed easier tendency
STOCK LOAN QUOTATIONS. Loan quota tons
were: Amalgamated Copper. Anaconda, American
Ice Atchison common. and preferred. Brooklyn
Rapid Transit Baltimore and Ohio common. CnI-
caCo Terminal. Colorado and Southern Deja ware
and Hudson Erie common. first and second pre-
ferred. Louisville and Nashville. Manhattan. Mis-
souri, Pacific New York Central Northwestern
Northern Pacific preferred. Peoples Gas. Reading
first preferred. Rock Island st. Paul. Southern
Railway preferred. Southern Pacific Sugar. en-
nessae Coal and Iron. Union Pacific common AMI
preferred United States Steel common and pre-
ferred United States Leather preferred. Wabash
preferred Western Union and Republic Iron ana
Steel common and preferred. ea4 per cent
NEW ATCHISON BOND ISSU F,.-The board Of
directors OF Atchison, Topeka and Santa Re has
authorized the issue OF $500 900 of Eastern Okla
homa Division first mortgage per cent twenty-five
year gold bonds OF the company. The issue is al
the rate of s20N0 per mile of the Eastern Okidhom
Railway Company lines, nearly completed, and
is secured by first mortgage on these lines The
entire proceeds the bonds are to he used toI
the construction and acquisition of other additional
properties. and for Improvement or bettermth'
of existing properties. 1t is estimated that the
surplus net income for the fiscal year. after pay
ing all interest charges and dividends on the pre-
ferred stock1and common stock. will he materlaHy
in excess of all expenditures for Improvements ana
betterments made contemplated for the fiscal
year The part of the road in question IS tue newly
completed Pauls Valley cutoff
AMERICAN GRASS TWINE.-AmeTican Grass
Irvine stock gained 2la points in yesterday mar
ket and inquiry for the stock found little tor
sale The recent decline in This stock WAS doubt
less due to sales by holders no bought at higher
io,,ras and who became disa pponted in not secur
ms. profit their purchases. The stock sold has
been well taken. aud interests identified with the
company assert that there is nothing III lis imam
ciaI position that warrants decline in the market
yaIu. of tn, stock Tho doatng debt has been
taken care Of. l-nder the uauaSe r7ent re
forms and economies been instituted that VIII
increase The compaUy'@ sales and profits ana Il
business continues at its present rate OF gam II
will be possible build NJ l7rsc working capital
from earnings.
ATC!TISON'S FRUIT MOVEMENT. - Atchisoa
Railway officers say the citrus rruit crop has not
been injured, and probably will come forward with
a rush from now on. EARLY estimates Of a % per
cont increase in the crop compared with last year
arc 4till maintained, aud it is expected that the
road ,,in handle at least two thousand cars more
than il did year The volume of tram" NOV
ms over tines II the Atchi@on system l. slightly
larger than this year the roads equip
n,ent still ncinc restricted because Of congestion
of freight aud the car blockadey at terminal points
STOCK EXCHANGE HOLIDAYS. - The special
nectiu: q the governing committee a the New
York stock Exchange. to vote On closing ut tn"
exchange on Saturday will he held at $3.50 to-dny
Tho petition close tho exchange has been signed
by several hundred members
APPLICATION TO LIST-Thc United Railroads
of san Francisco has applied +" the Stock ia
change t. list S2o0Co.o0o per cent sinking fund
coupon bonds Of 1927 secured ny first general deed
trust.
ELECTED 4 MIEMRER.-tlark a Miller. son ct
the late Charles g. Miller. Of Latham. Alexander
& CO. has neeu elected a member OF the New
York Cotton Exchange
RESERVATIONS ACCEPTED At tho monthly
meeting yesterday of the Copper Producers As
soca ton resigna of the Anaconda and the
other copper mining companies for which the
United Metals Selling Company Is selling agent
were accepted It is reported that the advishhiI-
itv Of dissoying the associa ton vas discussed at
the meeting. h',t action vas taken. the usidI
adjournment for month being ordered.
NATIONAL PARK BANk.-Becausc of incrcaS
in- business tho directors of the National Park
Sank in January, decided to increase the capital
lp 81 o1.o01. the additional stock to be offered 80
stockholders of record pro Al 500. This action
was ratified at meeting Of the stockholders held
yesterday.