New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-12-24
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-Foreign houses dealt In
1000 shares In the local market evenly divided In
London consols were u per cent under TUESDAY
close at ssh The copper stocks were rather hrmer.
Money fairly easy in the principal European
centres.
STOCK LOAN QUOTATTONS.-Loan quotations
Amalgamated Copper. Anaconda, American
Ice, Atchison and preferred. Brooklyn
Rapid Transit Baltimore and Ohio common. Cana
dian 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 Cas- Reading first pre-
ferred. Rock Island. St Paul. Southern Railway
preferred. Southern Pacific. sugar. tennessee CoSi
and Iron. Union Pacific common ana prelerreo'
United States Steel common. United states Leatner
preferred, Wabash preferred. Western Union
Shelters common and Republic Steel common
per cent: New-York Central. Pennsylvania ana
United States Steel preferred. Slsg4 per cent
AMERICAN ACKNOWLEDGEMENTS OF the
American Locomotive Company say. IN references 10
suggestions OF the prospect or the oeclar-
ton of a dividend the common stock OF the
company next summer. that 1t IS inexpedient to
discuss the matter far in advance They eX-
press decided satisfaction over the companys
earnings. which admitted to be considerably In
excess OF the dividend requirements on the pre-
ferred stock. The company is sold ahead num-
Der OF months orders. The reaction In iron and
steel material prices has obviously operated toward
reducing the expenses of the American Locomotive
Company. There Is conSlderaole DUH tdlh TeSdlu-
ing the property. and this sentiment Is shared by
prominent investment interests.
Lake SHORE DIVIDEND INCREASED--The
directors OF the Lake Shore and Michigan Southern
Railway Company at their meeting yesterday au-
thorized the announcement that after this fiscal
year the dividend will be at the OF per cent
a year. The Network Central owns practically
the entire Lake Shore stock, so that other in
come OF the New York Central for 1904 will be
increased about $4,000 by this increase in divi-
No 7 aba a{H < ant frO0 n
1900 6a per cent in 1891 and 1892 per cent in 1885
TO 1897 61a per in 1898 and per cent in 1893,
up to and including the current year
CANADA SOUTHERN DIVIDEND. - Canada
Southern declared initial dividend for the year
1904 Of IL cent. Under the contract with Mich
igan Central dividends are guaranteed at 2b per
cent year. up to 1910 Unless this contract should
be altered IN the meantime per cent will be de-
clared later in the year. In 1902 Canada Southern
declared dividends OF IA per cent and per cent,
placing the stock a ga per cent basis. In 1903
only per cent was paid. The initial dividend for
1904 is declared at the rate OF IL per cent. and
under the contract with Michigan Central 2ls per
cent dividends guaranteed up | 1910
TENNESSEE COAII.-The movement in Tennes-
Coal and Iron the result OF the efforts OF
two firms. who managed to ind larger short in
terest than might have been expected In such
stock. Well informed people say that the property
is doing we'll. and IS conservatively earning per
cent the common.
SECURITIES LISTED.-The following securities
have been added to the Stock Exchange Lists $3.50 900
additional capital stock Of the Oriental Bank.
$4SS0o0 additional first consolidated mortgage per
cent coupon bonds OF 194s of the Wheeling and
Lake Erie Railroad Company. $250.Oc0 additional
first mortgage ffty-year guaranteed per cent
sinking fund coupon bonds of 1851 Of the Kanawha
and Hooking Coal and Coke Company, H0OOO0O
additional first mortgage per cent coupon bonds
OF 1851 Of the Detroit Southern Railroad Company
s61So,O0o additional 3h per 1OO-year mortgage
coupon bonds of 1897 Of the Lake Shore and Nfichi
gan Southern Railway Company, and Sc 753 200 ad-
ditional capital stock Of the New-York New-Haven
and Hartford Railroad Company