New-York tribune., 1903-03-26
WALL STREET AND EXCHANGES.


5000 shares in the local market evenly divided
ronsoIs again showed weakness in London In the
early hours very active traolns ana Iehec'el Il
depressed tone on the rest Of the list American
stocks generally lost ground and showed declines
Of Il to u per in all the active issues copper
stocks were noticeably weak, and the general mar
ket in London lower. Paris exchange on Lon
don showed moe strength. Consols recovered from
877s to 90Ss-
STOCK LOAN QUOTATIONS.-IIoan quotations
were; Amalgamated Copper. Anaconda. American
Ice Atchison cosc-1on and preferred brooklSh
Rapid Transit and baltimore and Ohio common =
ner cent; Canadian Pacific 612 per cent: Colorado
Fuel Delaware and Hudson. Erie common, hrSt
ard zeco1d nreferred Louisville and Nashville
Manhattan Missouri Pacific. New-1oTk central
and Norfolk and Western. per cent: metropolitan
Street Railway, 5z per cent: Peoples Gas, RHad1ns
first preferred. Republic Steel common and pre-
ferred Rock Island. ST, Paul and Southern Rail
NAY, nre4erred per cent: Southern Pacific. fiat;
Sugar Tennessee Coal and Iron Union Pacinc
common and preferred. United States Steel COM
mon and preferred. United States Leather pre-
ferred. Wabash preferred and western Chlon' per
cent
BROOKLYN RAPID TRANsIT.-According t" a
director, earnings Of Brooklyn Rapid Transit are
running s25oo day higher than last year. FROM
the new power plant Third-ave. 4W" horse
mower is now being obtained. and this Will ne IN
o-.asad nv O0 month. assuming everything to
RIM smoothly until the full capacity of 1900 horse
mower is attained. The new powerhouses VIII ena-
hIe the company to install more electric trains on
The elevated lines. and unless something unfore-
seen arises all these roads Will be operated ny
electricity before the end of the year The laying
of the third rail carry the current and the other
work necessary has heen practically competed
and everything will ne in readiness as soon as the
power becomes available
ROCK ISLAND NOT BORROWING MONEY!
The Rock island Railroad Is not borrowing money.
ss reported. The company has on hand IN cash
in the banks between $15000.O0o and $2o""3" ana
II carries approximately this amount all the Time
An authority says that if all railroads and corpo-
t interests were as we'll secured In their position
as the Rock Island companies are or as their so
called hackers or controlling interests are. there
would be no danger OF troubles or pantcs IN wall
Street.
ania allotment of new stock Is SO 1-3 per cent OF
holdings on May at $50 a share payable 5O> per
cent in June. So per cent in October. ana % per
cent in June 1904, bit at the time of first install
ment the whole may he paid and stock received
with interest on the deferred payments at per
cent per
THOMAS OUT OF EFIE COMPANlEs-E. 3.
Thomas president OF the Lehigh Valley Railroad
who resigned the Craftsmanship of the Erie board
when he took charge Of Lehigh Valley affairs, has
severed his connection with all Of the subsidiary
companies of the Erie system. While he still re-
mains director of the Erie 1t is understood that
he will longer take an active interest IN the
affairs Of that company.
AMERICAN TOBACCO COMMON DIVIDEND
The American Tobacco Company has declared the
regular quarterly dividend of per cent on its pre-
rerred stock and a dividend of per cent its
common stock This is an increase OF Il per cent
on the latter issue. Both dividends payable
March |.
CENTRAL PACIFIC.-Appcation has been made
to the Stock Exchange to list Central Pacific Rail-
way Company 100000 first refundng mortgage
per cent bonds of 1S4s.
SECURITIES LIsTED-The following securities
have been added to the Stock Exchange list
50 22S 100 additional common stock of the Chicago
and Northwestern Railway Company. $6S7,OOO addi-
tfonal Louisiana Division Branch Lines first mort
gage : per cent coupon bonds of 1881 of the Texas
and Pacific Railway Company $2,007, 900 additional
general mortgage per cent coupon bonds OF 1898
of the Cleveland Cincinnati Chicago and ST. Louis
Railway Company 8 100000 additional preferred
stock and $4,000 additional common stock of the
American Agricultural Chemical Company s. 600 900
consolidated mortgage bonds Of 1880, interest
duced to 311 per cent. Of the Chicago. St Paul
Minneapolis and Omaha Railway Company. and
S. $4,000 first mortgage per cent thirty-fve year
coupon bonds OF 1887 of the ST. Joseph Railway.
Light Heat and Power Company. 1t also de-
cided to place the list and after April 1
s55 100000 guaranteed capital stock OF the Man
haitian Railway Company, and when notified
that the same has been issued in lieu Of the pres
ent outstanding capital stock
CHARLES H TWEED Subsidiaries H. Tweed.
of Speycr & Co. formerly chairman OF the board Of
directors OF the Southern Pacific Railroad Com
pany. sailed the Cedric yesterday.