New-York tribune., 1903-02-10
WALL STREET AND EXCHANGES.


IS 900 shares selling 1900. In London American
stocks were faatureless and generally about parity.
There was no change in the position of tho money
markets in the various European centres, but Ber-
lin exchange London was easier The mining
stocks in London showed a rather firm tone. ana
the settlement was proceeding satisfactorily. Con
soils were heavy. Sentiment cheerful in Lon
dom and 1T thought that sustained advance
in New York would induce heavy foreign buying
of American stocks
STOCK LOAN QUOTAT1ONS.-Loa quotations
were: Amalgamated Copper Anaconda. American
Ice Atchison common and preferred. Brooklyn
Rapid Transit, Baltimore and Ohio common, 'hl-
cago Terminal, Colorado Fuel, Delaware ana hud-
son. Erie common, first and second preterfed'
Louisville and Nashville. Manhattan, Missouri Pa
citc New-york Central, Northwestern Norfolk
and Peoples Gas. Reading first preferred
Republic Steel common and preferred. Rock Island
St Paul. Southern Railway preferred Southern
Pacific Sugar Tennessee Coal and Iron, Union
Pacific common and preferred. United States steel
common and preferred United states Leather pre-
ferred Wabash preferred and Western Union
per cent.
MARKET GOssIP.-But1er Bros. heavy
buyers of Wabash, Missouri Pacific and all the
Gould shares. Texas and Pacific was brought out
and pushed up a point more, attracting good
demand. \ price of 20 is predicted for this Issue
Rock Island bought on expectation OF a
speedy announcement regarding its relations with
Union Pacific II. Content & Co. were heavy buy
crs Conservative selling reported In Tennes-
see Coal and Iron. Lower Wall Street was hull1Sh
on Sugar Refining Amalgamated was helped by
report that the price of copper would he advanced
this week Th" Waldorf Astoria crowd bought
United states steel There we're good bull tips
Missouri. Kansas and Texas. Buying OF Mexican
issueS was accompanied by reports Of alliance
with the Hartman interests Brokers acting for
the head of the old Southern Pacific pool bought
Southern aud Union Pacific. The Western crowd
bought Louisville and Illinois Central \ bul pool
was active in the United States Leather issues.
Reading was well bought \ rise predicted
for Wheeling and Lake Eric first preferred
I.ACKAWANNAS EARNINGS.-The gross pas
snnger earnings Of the Lackawanua Railroad for
the year 1902 will show substantial increase
the twelve months of the preceding year, notwith-
standing that the earnings for 1901 were largely
in excess of the preceding year account of the
Pan-American Exposition at Buffalo \ compari-
son of Lackawanna Railroad earnings in this
spect those of Some Of the other roads is in
teresting, not only record of the Lackawan-
mas improved revenue results but also for the
idea which II gives of the extensive work prose
Cuted by the administration of the company
IN the virtual reconstruction of the road fit it
for the demands of modern passenger service. The
LackaWanna operates 947 miles of track and i'm
the year 1902 carried l552S6S passengers. Passen-
ger earnings a milo for the year N,0S3 81.
which is not exceeded except by possibly few of
the largest Eastern railroads, and compares IA
vorably with the gross earnings q mile of
Of the Western railroads. To fit the road for the
the iaclawaGna has ' contracted for S tons Of
steel work for bridges IN the last three years. and
OF this 1868 tons of steel bridge work have been
erected III 56S bridges II set IN line these bridges
brick and frame stations built at
cost Of S250oo. and ten more brick stations arc
under contract Many new passenger locomotives
of the most modern type hav" been secured in
the last few months and arc to b. delivered
by early spring. in time for the summer season.
SLOSS-SHEFFIELD DIVIDEND.-It Is reported
that the SloGs-Shet1ed company will early this
spring put tho common stock dividend paving
basis The company is now earning a the rate
of - to 80 per cent on the common stock
To INSPECT CANADIAN COAL. MINES-A
party Of capitalists of this city. bound for Amherst
Nova Scotia. left NewYork yesterday to inspect
the Chisnecto coal mines. These mines belong
troled by Montreal capitalists The mines arc al
machinery. The property is on the Intercoloniai
Railway not far from tidewater for coastwisc
shipping
APPLICATION To LIST.-Application has been
made to the Stock Exchange by the Rio Cirandc
Western Railway Company to list sa.2oo 900 addi-
tional mortgage and collateral per cent bonds, sub
Series y of 1919.
WABASH iSSJ ES. Heavy dealings were re-
corded in the Wabash issues Yesterday especially
in the debenturc bonds, total sales of which
amounted in par value to s2.l0oo0o out of "A total
regarding the Wabash company, but steady buying
by Gould brokers was reported.
UNITED STATES DEPOSITS NOT TO BE
W1THDRAWN.-Thc report revived that Secretary
Shaw would withdraw government money i'm ma
tiona depository banks is pronounced untrue at The
Treasury No necessity exists for such action.
PEOPLES GAS.-An officer of Peoples Gas says
the statement to be issued to-day VIII be the best
ever issued by tho company
DIVIDEND DECLARED.-The Bond and Mort
gage Guarantee Company No. i15 Remsen-st
Brooklyn. announces that quarterly dividend Of
M per cent has ben declared by o the board OF di
holders of record on the closing of the transfer
BOOKS az q p m. February 10 The transfer books