New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-15
WALL STREET AND EXCHANGES.

FORErc,N TRADING-About % 900 shares were
bought here for London account half the purchases
being Erie stocks
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amaigamated Copper. Anaconda, American
Ice Atchison common and preferred, Brooklyn
Rapd Transit Baltimore and Ohio common. Ca
madam Pacific, Colorado Fuel and Iron Delaware
and Hudson. Erie common. first and second pre-
ferred Louisville and Nashville. Manhattan. Mis-
souri, Pacific Norfolk and Western Metropolitan
Street Railway, Peoples Gas. Reading hrst pre-
ferred 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 preferred. Wabash preferred Smelt-
ers common and Republic Steel common, 5G5l5 per
cent: New-York Central a. per cent; Pennsylvania,
per cent; Western Union. per cent; Shelters pre-
ferred and Republic Steel preferred per cent; and
American Locomotive preferred fat
AMERICAN CAR AND FOUNDRY EARNINGS.
The net earnings of the American Car and Foun-
dry Company for October were in excess of 100000,
which Is one of the best monthly showings ever
made by this company.
DIVIDENDS DECLARED.-The regular semi
annual dividend Of per cent has been declared on
the common stock of the Northern Central Railway
Company. The directors of the New-York New
Haven and Hartford Railroad Company have de-
clared the regular quarterly dividend of per cent
payable on December 81. to stockholders of record
on December Is. The ST. Louis and San Francisco
Railroad Company has declared the regular quar-
terly dividend of per cent its first preferred
stock, payable January .
GOLD ENGAGEMENTS.-O' the S2,500N0O which
arrived in London on Saturday there has been en-
gagged for importation to this city S15l000 by the
National City Bank. and S1,000000 by Lazard Freres
The steamer New-York, which reached this port
on Sunday had board 81, 100000 gold, consigned
to the following houses: Lazard Freres $9Oo0l0; the
National City Bank $4,000; HedoIbach. IckeI-
heinaer 4 Co. $2G1 GOO; Ladenburg, Thamann & Co.
10000, and National Park Bank, $4,000. With the
arrivals the New-York. receipts of gold are
brought up TO $2.530 go leaving $S7S4763 still to be
received.
INTERNATIONAL BANKING CORPORATION
At the annual meeting OF the International Bank
ing Corporation all OF the old directors were re-
elected except Eugene Delano and II. & Frick.
New directors elected were James Z. Fearons. w
e Henshaw. Pierre Maillard. William Solomon and
Charles \. Whittier making the number of directors
thirty-eight instead OF thirty-fve.
COTTON EXCHANGE HOLIDAYS.-The New
York Cotton Exchange is to be closed on Saturday
December 26 and Saturday January 2. as Well as
on Christmas and New Years. The Stock Exchange
viii be closed on December Is. In the Produce Ex-
change vote has yet been taken the question
of having extra holidays.
INTERNATIONAL PAPER.-A stockholder OF
the International Paper Company says: "A perusaI
the last annual report Of the International Paper
Company shows that the company Is in excellent
condition and that for the year ending June 90
1905. its net earnings above all charges and fun
per cent dividendson preferred stock were equal 10
nearly : per cent on the common stock and this
too, after charging to operating expenses 600 900
for hetterments and improvements, which is equal
to more than per cent additional on the common
stock President Chisholm states the COMPANY *
now reap!ng the benefit OF these improvements
that nave been under way for three years past The
report shows that the year ended June 80 1903 was
the most profitable in the company's history Fur
Their. any stockholder can learn at the COMPANY
Office that the months Of July. August Septenber
and October 1893 (othing ascertanabIe later, have
been the most profitable in the history Of the com
pany, exceeding far the sama period Of last year
In view OF all the above facts it seems absurd thar
the preferred stock should now be selling at IS and
the common stock at II