New-York tribune., 1905-03-26

receiver, has begun foreclosure proceedings, the
committee for the protection OF the bondholders
will Immediately form a plan for the purchase Of
the property at the sale and for the protection Of
the bondholders have deposited their bonds with
the committee The reorganization plan will be a
comprehensive one, but Of the committee
as yet willing to make any statement regarding the
details
STOCK EXCHANGE NEWS. - Memberships
transferred Edwards O. Schuyler (deceased) to
George NJ. Woolsey, at Trippe Schuyler & Co..
No. IS Wal-st.; Wayland Trask (deceased) to Mel
vile D. Martin, Charles c. Gates & Co. No. Is
Wall-st; Henry c. Emmett to G. Hunter Brown,
at Walker Bros, No II Broadway Memberships
Posted for Transfer-Noah Content to Walter Con-
tent: sponsors, e. F. Slayback and R. Limburger.
John D. Wilson (deceased) to William Grayson jr.:
sponsor, Sidney NJ. Sternbach.
STOCK EXCHANGE NOTICE-The committee
securities OF the Stock Exchange rules that all
contracts maturing April to 13. 1896. inclusive.
Colorado Southern Railway Company first preferred
stock second preferred and common stock and
Kansas City Southern Railway Company preferred
and common stock may be settled by delivery of
either the voting trust certificates the stock OF
the respective companies, Of the class contracted
for. On April "A. 1906 and thereafter only the
stocks OF the companies named will be delivery.
PEOPLES GAS-Earnings OF the Peoples Gas
Company for the first quarter OF the year ending
March 81, will. it is said. amount TO about 3& per
cent the stock. The figures will not be pub
lshed. however, the company makes only yearly
reports.
BANK CLEAEINGS-The total bank clearings
Of gil the clearing houses of the United States
the week ended March 25 g. .sA516. against
S3010S22SO in the preceding week and 81 o3, III $50
the corresponding week last year.
CANADIAN PACIFICS EARNINGS IN
CREASE-The last weekly report of the Canadian
Pacific shows gain in gross earnings Of sl0s 600.
making from July total gain of SS,35 900. The
company has shown unbroken record Of in
creases for many months and. there is pros
pect OF dinnution in traffic it is safe to say that
results for the current fiscal year will make
derfully favorable comparison with the preceding
year.
PRESENTATION TO GEORGE W. YOUNG
The officers and employees of the United States
Mortgage and Trust Company Friday evening
presented to George w. Young a handsome clock.
valued at $1,000 the occasion Of his retiring
from the presidency of the company. The presen-
tation made by H. L Servoss, of the company.
NEW BROOKLYN BANK-A certificate of in
corporation has been filed with the County Clerk
by the Ninth Ward Bank OF Brooklyn, capitalized
at 100000 TO become effective June l. The direc-
tors are Charles D. Wheeler Frank Squier, Fred
ertck L. Matthews, Charles H. Wright and Robert
W. Matthews.
PIG IRON CERTIFICATES.-Pig iron certificates
opened inactive, but with steady undertone. Quo
tations the call follow: Cash s16 5OQs17: March,
SIC 5ods6 80: April and May SIC 5e9sls 80; June and
July, SIS 59Qs17.
NEW STOCK EXCHANGE LISTING.-The
American Telephone and Telegraph Company has
made application TO the New-York Stock Exchange
list SIS 100000 additional collateral per
bonds of 1923