New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-06-22
WALL STREET AND EXCHANGES

Or-rsrDF, Observation-Disclosures dull ana IT.
regular Standard OIL closed at 'osg4V' asainS'
4c4G4s7 on Tuesday. Last prices on the oenei
rrorninent issues were: Amsterdam Gas "SrtaSf-.'
oforrod ss1se. Air Power 50; Bay State Gas 20
o.. Amalgamated Copper, gli.g92i2 Republic steel.
l7Gls: preferred. 6l'@g02
rORI,1GN TRADING.-The foreign markets were
unsettled and on the local exchange t"en'F -iVe
thousand shares were sold by aroitrage houS-',
SOUTHERN RAILWAY EARNINGs-Southern
pouuo,.s cross earnings for the second week in
r,no show an increase over the same time year
AGO of $50 476 For the fiscal year to June IL the
increase Is 81 40I1I2
DIVIDENDS DECLARED.-The Westinghouse
Electric and Manufacturing Company has declared
q quarterly dividend Of ~ per cent on its pre-
ferred stock payable July l. quarterly dividend
Of 81 - a share has been declared by the Rio
Grande Western Railway Company. payable Au-
gust l. The Wells Fargo Company has declared its
regular semi-annual dividend of per cent pay
able July Is. The National Park Bank has de-
clared a semi-annual dividend Of per cent pay
able July l. The Bowery Savings Bank has de-
clared interest at the rate of 31z per cent year,
payable July Il.
RANK REPORT-The Hamilton Bank at the
close OF business June IA. had loans and discounts
of 81 a17. 461 rs. and total resources of N.s2s'-
o27 81. The amount due depositors was s14327@ "a
LISTED on The STOCK EXCHANGE-The
Knickerbocker Trust Companys certificates OF
deposit for the Plttsburg and Western Railway
Company preferred stock have been listed on the
New-York Stock Exchange. Two-thirds OF the
entire Issue have been deposited with the trust
company
TO INCREASE THE CAPITAL.-At a meeting OF
the stockholders OF the Produce Exchange Trust
Company held yesterday 1t decided by mi
nous vote to increase the capital and surplus OF
the company from n.0oO.0O0 to 100000 this action
being taken by reason OF the rapid growth and de-
velopment Of the business OF the company. At a
dividend declared upon the outstanding stock
OF s35 a share for the sixteen months ending July
l. being IS per cent on the original capital of the
company Subscriptions for the stock and
| surplus Of the company from the present share
holders and others aggregate more than 100000
the additional amount 10 be issued being $500 600
AN EXTRA HOLIDAY.-The managers of the
| Coffee Exchange voted yesterday to suspend bust
ness on Monday. July 3.
SUBSCRIPTION BOOKS CLOSED.-The sub
scription books for 100000 first mortgage collat-
eral trust IA per ffty-year gold bonds OF the
| Washington Traction and Electric Company closed
yesterday at p. m. II was said that the subscrtp
lions received were highly satisfactory.
! ALL BEEN SOLD.-Kuhn. Loeb & Co. announce
that the 81. 2S5 go Massachusetts State per cent
| bonds. which they purchased from the State last
| week. have all been sold.
| ORGANIZATION COMPLETED.-The organiza-
ton Of the Trust Company Of America. OF which
| Ashbel p Fitch is president and which will open
| for business nj No. l4s Broadway next week has
been completed william II. Leupp. the present
! second vice-presldent OF the Farmers Loan and
Trust Company. has resigned that place and will
| take place with the Trust Company Of America
| as the working vce-president Lawrence o. Muir.
ray, the Deputy Controller Of tho Currency. has
resigned that place to become trust officer Of the
new company. Raymond J. Chatry. at present
assistant secretary OF the Metropolitan Trust Com.
| pany. will be secretary. A. L. Banister of the
Farmers Loan and Trust Company. will be the
| treasurer. and W. Hunt Hall. from the Central
Trust Company. will be the assistant treasurer.