New-York tribune., 1903-01-06

FOREIGN TRADING.-Foreign houses dealt in
10000 shares. evenly divided Their most important
purchases in Chicago Terminal Transfer
STOCK LOAN QUOTATIONS.-Loan quotations
were Amalgamated Copper. Anaconda, American
Ice. Atchison common and preferred, brookiSh
Rapid Transit, Baltimore and Ohio common, CHI
cago Terminal. Colorado Fuel. Delaware and HUI
SON Erie common first and second preferred;
Huntsville and Nashville Manhattan. Missouri Pa
cific New-York Central, Northwestern. Norfolk
and Western 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, United States Steel common and
preferred. United States Leather preferred Wa
bash preferred and Western Union. per cent;
Union Pacific preferred per cent.
RAILROAD BONDS ATTRACTIVE.-Th Jan
Wary bulletin of Fisk & Robinson presents In
teresting table showing the range of prices Of
prominent stocks and bonds in the last three years
1t is made clear in the table that. while railroad
shares have made great gains since 1889 railroad
mortgage issues have not enjoyed Improvement TO
any marked extent. All the railroad stocks shown
in the list have advanced n price, the greatest in
crease being rise in Chicago, Rock Island and
Pacific of $50 10 share. and the smallest in Bati-
more and Ohio preferred. of s16 share. In rail-
road bonds twenty of the issues show advances,
the greatest being in Central of Georgia consoi
dated IS and Southern Railway consolidated 5s of
1871 per cent and in five issues declines,
amounting. in the OF Chicago. Burlington and
Quincy Illinois Division 31as TO 65s per cent Rail
road bonds certainly not selling on an inflated
basis and the present market offers tempting
field for investment.
DECISIONS Of INTEREST TO WALL
STREET.-The United States Supreme Court. in i
decision Yesterday upheld the constitutonality Of
the California prohibiting dealings in stocks
of corporations margin. The court also held. III
the Philadelphia case of Page against Edmunds
that seat on the Philadelphia Stock Exchange
was property and be considered In the assets
of a bankrupt.
MISSOURI PACIFIC.-1t is estimated by ia
miliar with the Southwestern situation that the
Missouri Pacific will easily II per cent or
more on its stock in the current fiscal year Its
earnings will he largely sweled by the St Louis
Worlds Fair. There will he great prosperity, it is
believed. throughout the Missouri Pacific Territory
Incident the great crop. and this viii natu-
rally tend it is argued. to increase travel to the
exposition.
APPLICATION TO LIST.-Applicatiou has beon
made to the Stock Exchange to list the following
securities: NewYork Central and Hudson River
Railroad Company S2l OG9O0O additional 30 per cent
mortgage bonds of 1897; United Fruit Company ;
S12 369 800 capital stock ana 100000 per cent
solidated bonds of 1911, and the Denver and Rio
C,rande Railroad Company's s1,400.00 additional
first consolidated mortgage per cent bonds of 1875
AMERICAN CAR AND FOUNDRT--The direc-
tors of the American Car and Foundry Company
will meet to-day to take action on the quarterly
dividends is likely that at this meeting the
stock will be discussed.
HEAVY RAILROAD EARNINGS.-Gross earn
ings of the Missouri Pacific for the last week in
December increased slSS,0o0 over the same week
in 1901 making the month gain of 1861 coo. and
for the year gain of 5Ss. Louisville and Nash
vile increased for the last week in December $685.,
2s6 and for the month s464,a2s, increase from
July of $2,270 75S-
WABASH EARNINCiS.-Earnings of the Wabash
system for the last week in December increased
I-iruf for he a pai
the same time a year ago. From July l gross
ings have increased 907.9S7.