New-York tribune., 1903-01-16
WALL STREET AND EXCHANGES

FOREIGN TRADING-Foreign trading houses
dealt in 10000 shares In the local market puylhs
on 10000 shares balance Erie was heavily bought
Tn the London market the Kafir shares were again
strong and active features. The weekly statement
of the Bank of England showed increased holdings
No change was made In the discount rate
PULLMAN COMPANY'S PROSPECTS-The di-
rectors of the Pullman Company will meet in the
next two weeks to act upon the regular quarterly
dividend of So a share which is payable February
Is. An official of the company says; wv nile 1875
may not be good year as 1902, which was A
great period with u.s. there Is every indication that
avery healthy business will continue. We do not
antcipate that this years orders for freight cars
will be as large those of last year, but we arc
booked ahead between six and seven months on
Messenger coaches and not quite so long freight
cars do not think that the extensive car short
age and blockades bear the question of car in
crease
THE CHRONICLES YEARLY HANDBOOK
THE Handbook of Railroad Securities, compiled
bv the publishers of THE Financial Chronicle.
was issued yesterday. The book contains. as usual.
in small compass a vast amount of Information
concerning the various railroads and number OF
the indusrials whose securities are dealt III on the
leading stock exchanges. 1t shows thelr earnings
dividends etc for series of years. their present
fixed charges. and also the amounts Of the dHerent
issues bonds outstanding their rates of interest
etc There is also given the monthly range of
stocks and bonds for 1901 and 1902 and a yearly
range for the last four years
STATEN ISLAND FERRY FRANCHISE-In-
terests connected with the Baltimore and Ohio
Railroad assert that their application for a Staten
Island ferry franchise will if granted, result in
greatly improved service and practical reorgani-
zation of the present ferry facilities between New
York and Staten Island. Will the Rogers party
proposes TO establish a three cent fare, if it
cures a franchise, the Baltimore and Ohio will
maintain a five cent fare. backing it's proposition
with its. sSO0O.000 Investment the island and its
four hundred miles of railroad Both propositions
have been submitted to the Dock Commission.
BALTIMORE AND OHIO EARNINGS.-Gross
earnings of the Baltimore and Ohio in December
show an increase of s33S.01O and net earnings an
increase of $215. .339 From July l gross earnings
have increased s21473@O and net earnings s75O,294
The Baltimore and Ohio continues to spend vast
sums on its property. and consequence the
road is now in better condition than ever before in
it's history.
AMALGAMATED COPPER REGULAR DIVI-
DEND-Directors of Amalgamated Copper have
declared regular quarterly dividend of y of per
cent The production of copper last December by
United States reporting mines and outside sources
was $3.50 tons against 10 S03 tons in December.
1901 an increase of 607 For the year 1902 the
production 295 656 tons, against 265.255 tons in
1901 an increase of so 01 tons. The production OF
foreign reporting mines 1876 tons in December
against SGT tons In the previous year. increase
OF 999 tons
WESTERN UNION.-The Western Union Tee-
graph Company has made applicat ton to the New
York Stock Exchange TO list s300,eo ~: per cent
funding and real estate mortgage bonds of 1870
NEW STOCK EXCHANGE MEMBERS.-James
NJ Quigley. Casmer |. Stralem and f. s. j. Nc
vickar have been elected members of the Stock
Exchange.
ELECTED A DIRECTOR.-At meeting of the
directors of the Lincoln Trust Company. held yes
terday William Selsnger. president of the New
York Savings Bank, elected director.