New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-03-09

81. Nth regard to the financial condition Of the
Continent and an outbreak of weakness at any
moment would cause little surprise
STOCK LOAN QUOTATIONS.-LOan quotations
were; Amalgamated Copper. Anaconda. American
Ice. Brooklyn Rapid Transit Erie common and
second preferred Louisville and Nashville Man
haitian. Missouri Pacific. Norfolk and western
METROPOLITAN Street Railway. Peoples Gas, Read
ing FIRST preferred Rock Island. Southern Rail-
way preferred Southern Pacific. Sugar. Tennessee
Coal and Iron Union Pacific preferred. United
States Steel common United States Leather pre-
ferred Wabash preferred. SHELTERS common and
Eepublic Steel common "a per cent; AtchsOn COM
mon and preferred. Baltimore and Ohio common,
Canadian Pacific, Consolidated Gas. Delaware and
Hudson. Union Pacific common and United states
Steel preferred IL per cent; New-YOrk Central
and ST. Paul IL per cent; Erie first preferred and
Chicago and Alton common. per cent; Pennsyl-
vania, 1G1h per cent and Western Union. Shelters
preferred. Republic Steel preferred and American
Locomotive preferred. fat.
MISSOURI PACIFIC BUYS WABASH STOCK
George j. Gould. in his report to the Missouri
Pacific stockholders, says:
growing tendency toward consolidation and
other methods Of uniting control among railroads
precaution OF taking moderate steps to guard the
traffic interest Of the Missouri Pacific system
tendency in respect OF Eastern outlets and sources
and for the purn6se Of protecting the large early
investment Of the Iron Mountain Company in the
debenture bonds OF the Wabash Railroad Company.
the management has. after careful consideration,
deemed It wise to acquire n substantial interest in
the preferred stock OF the latter company. This
interes Tlie Rot TePresening control Is be
which determine its acquisition.
FEBRUARY ANTHRACITE OUTPUT-Anthra-
cite coal company officers estimate the February
output at 425O 600 tons which compares with pro-
duction I'm February of 1903 in excess Of 100000
tons. The January output this year 9.72s.7S6
tons. decrease Of 223S.164 tons as compared with
the January. 1908. tonnage. which was the largest
on record for that month.
NETWORK SECURITY AND TRUST COM
PANY CERTIFIES CAPITAL INCREAsE.-The
New-York Security and Trust Company OF New
York City yesterday certified to the Secretary OF
State that it has increased Its capital from s. 10000
to g 100000.
PENNSYLVANIA NOT TO ISSUE CAR
TRUSTS.-An officer OF the Pennsylvania Railroad
denies the report that the company has arranged
TO issue SO 100000 car trust certificates.
HOUSTON OIL CODINIITTEE.-A circular has
been issued by a protective committee Of the
Houston OIL Company requesting the deposit OF
stock that the committee may use its influence to
protect the stockholders interest in the pending
receivershIp proceedings in the Texas courts. The
date fixed BY the United States Circuit Court OF
Texas for hearing on the question Of per-
manent receiver is March II.
Certificate Of deposit viii be issued IN the usual
way to those who deposit their stock with any OF
the following companies: The Morton Trust Com
pany Of New-York. tho American Loon and Trust
Company OF Boston. Union Trust Company Of St.
Louis, and Alexander Brown 4 sons. or baltimore
COFFEE EXCHANGE CLEARING HOUSE
The Board OF Managers OF the New-York Coffee
Exchange has named a committee. consisting OF
p. +. OSulIivan J. H. Taylor Philip Lehman.
Richard Sutro. G. H. Gastenhofer. J. r. NcNulty
and 9. Z. Smith. to arrange plan for clearing
house for the exchange.
-NEW DEPARTMENT or NORFOLK AND
WESTERN.-The directors OF tho Norfolk and
Western Railway Company have had under con-
slderaton for several months the question OF in
crcasing the earnings Of the company by charging
tho duties Of the Industrial agent and It has
finally been decided that tho interest OF the com
pauy warrants increasing the scope OF this work.
which has heretofore been done through the Office
Of the general passenger agent department has
been established. TO De known the Agricultural
and Industrial Department" with Paul Schercr as
agricultural apd Industrial agent and r. n. Ia
Baumc assistant agricultural and industrial agent.
with offices al Roanoke. Va