New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-12-07
USU1L SUGAR DIVIDENDS.
DECLINE IN THE STOCK FOLLOWS.
prCIrED WEAKNESS IN ATcHIsoN BoNDs-IHE
MARKET GENERALLY LOWER

rECITTD WEAKNESS IN AlShi,ON DONbc|1AAA
MARKET GENERALLY LOWER.
Trio Wall Street markets yesterday had number
NJ ,,leces Of eood to play with, but the tone
NJ speculation continued unsettled. Ihe oHec'ois
=, the American, Sugar Refining Company declared
10 suol quarterly dividends CT 1sl per cent on the
o-eearrea and per cent on the common stocks
rhasa .,. nayab,e on January g and the transfer
hooks close on December H. The dividends were
what had been expected, but the future poiicy y.
the company may be modified py the action o-
Congress in dealing with the sugar tariH. Ohuer
the reductions proposed IN TIE wilson OIL .,1
re.ners OF sugar say tnat Il sel.o"' WV" "
be- dealt TO their profits.
Tho execut,ve c0mr.it:ee Of the western Cnion
TELEGRAPH Company also met ana reco'ii'e"'ei
the usual quarterly dividend. There was repoi'
that the statement for the quarter would snow
decreas, OF 800 900 from last year, put directors "a
tho connanv denied att tine decrease would DE
so large The directors OF the CI!caGo 'ds I'm
pany were in seasion IN Chicago on the u"'us"'
n,es.Ion and Ike Street was still talking OF
cash payment. ,,r a.,
The stock speculation was sympatketically de-
pressed by the continued weakness in Inc s'oeh
and securities Of the Atchison Topeka ana oa n,,l
De The coming January payments Oh me coni-
pany were discussed win interest. ine .so pa
ments amount to from S5oV'sp 20 S'' ~; o,rdnn
az rho close Of thp tnCrs natures 1T l-onuoh
the 81 100000 loan made last sumner on the p,e'Se
Of 100000 second MORTGAGE D'his' L.s 10 tha
which an option 10 by N ~ was given 10 tne
;snIrrs 'rhr Atchison surplus charges Tor me
first four months OF the fiscal year. BEGINNING Jun:
was cut down to about $00o.g0. Bankers inter
osed in Atcrison reitecate the a'a;enent 'hd p e
company L. in an easy financial condition. fresi,
dent Rclnhart and John j. McCook proHilnnIlei1.
director sailed from England Yesterday. .h hs
departure is accepted hero Is evidence INA, .heli
hnanciai mission abroad mas been successfully az
compllsnod But at The stock EXCHANGE tne sei ~
oral MORTGAGES per cent bonds fell per cend 10
O. ana the seconds. series \, 2s per cent 10 So,2
The s.oc, declined from 1875 to iSi4als@' but there
was decreased activity. - 49,, 1871.
The activity of American SUGAR Eefning stoGK
was maintained The sales amounted 10 nearly
q 900 shares Opening at $780, the price advanced TO
49,. but after the declaration OF the divlaehd o.
there was a decline 10 S2lsmS. Large dealings IN
DstilIlrg and Cattle Feeding resulted In net gam
OF q rlar. bat the Street speculatorS are sToWins
NOR, confident that the necessities or the inter
States Treasury must force large increase e. ID
the tax on distilled spirits Chicago Gas fei from
Gs to G7N but rallied to G'.. General iiectrlc WI
active and opening up IS per cert at 5fi the prics
fell 10 s2IAM322,. The general railway hst shower
only small net losses as the rule. missouri facinc
.xceDtonally declined nearly per cent on the
heavy loss shown in the gross earnings reported Tor
the last week OF November