New-York tribune., 1903-07-08
WALL STREET AND EXCHANGES.


5000 shares, evenly divided. In London consois
were firm. but otherwise the general market was
heavy. The copper stocks were lower, and the
mining issues were somewhat irregular. Money
was easier in Berlin, but exchange continued weak
both in that centre and Paris.
STOCK LOAN QUOTATIONS.-Loan quotations
were: Amalgamated Copper. Anaconda, American
Ice. Atchson common and preferred, Brooklyn
Rapid Transit Baltimore and Ohio common Cana
dian Pacific. Colorado Fuel Delaware and Hudson.
Erie common first and second preferred, Louis
Vile and Nashville, Manhattan. Missouri Pacific,
New-York Central. Norfolk and Western, Metro
politan Street Railway Pennsylvania. Peoples Gas
Reading hrst 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 preferred,
Wabash preferred, Western Union 2lz per cent
THE PENNSYLVANIA sUBSCRIPTION.-In
accordance with the circular issued by the Penn
sylvania Railroad Company in March last, the
stockholders Of record Of given date are entitled
to subscribe for one-thrd Of their holdings in new
stock at go share. or quotation Of 12o per cent
The amount to be issued under such privilege would
be slightly in excess of SIS 0oo0o0 Subscribers
this stock had the privilege of making pay
ment therefor in three instalments. the first of
which came due and payable on June 25, with the
privilege Of anticipating the later payments.
STANDARD ROPE AND TWINE.-The weak
ness III all the Standard Rope and Twine issues
dicate that the company's recent business had not
been o. profitable character while the exigencies
Of the present money market would make business
somewhat difficult for industrial companies OF that
class.
BALTIMORE AND OHIO INSPECTION TRIPS
1t is reported that officers of the Baltimore and
Ohio Railroad Company recently made inspec-
tion Of two hundred thousand acres Of timber land
in West Virginia owned by the company. and
quired oy the purchase Of the West Virginia and
Pittsburg. 1t is said also that offers have been
made for the purchase of the property, and that the
inspection trip was made for the purpose Of deter
mining its actual value. Division officials Of the
Baltimore and Ohio will start to-day on an inspec-
tion trip of the entire system.
PERE MARQUETTE DIVIDEND.-The Pere
Marquette Railroad Company. a meeting OF its
directors held yesterday in this city. declared
quarterly dividend of l per cent on the common
stock The companys common stock amounts to
$141E,000
THE BROOKLYN HEIGHTS RAILROAD COM
PANY.-Brooklyn Union Elevated 20 per cent
bonds and Kings County Elevated per cent bonds
will be guaranteed on three days in each month by
the Brooklyn Heights Railroad Company, its
office, No. 16S NIontague-st. Brooklyn. between
a. and noon. The days which the bonds will
be guaranteed for the remaining six months of the
calendar year are follows: July T. II and 2S;
August Z is and 2S: September s. IS and 90 October
G. 16 and o. November g. Il and e. and December s.
IS and %.
BUFFALO AND SUSQUEHANNA-To stock
holders of the Buffalo and Susquehanna Railway
Company, Fisk & Robinson yesterday forwarded
the following notice. Under the terms of our
contract covering purchase of Buffalo and Sus-
quehanna Railway Company stock. have
ceived a payment of 1ve-eighths of per cent on
the par value thereof We accordingly inclose
herewith a check for the pro rata amount due on
the stock standing Ill your June 80" The
Buffalo and Susquehanna Railway Company
organized September %. 1902. extend the line
of the Buffalo and Susquehanna Railroad Company
from WeIsville. n. y. to Buffalo, n. Y. distance
of eighty-four miles. This extension is in
course Of construction. and should be in operation
next summer. On the completion of its line the
railway company Will lease the lines Of the railroad
company for 999 years for interest the latter's
bonds and guaranteed annual dividend Of per
cent on its preferred stock The Buffalo and Sus-
quehanna Railway Company the entire cap
ital stock of the railroad company. which pays
regular dividends at the rate of 5 per cent per
annum. This stock has been deposited with the
United States Trust Company additional Sc
curity for the railway company's bonds.