New-York tribune., 1899-02-11
NEW YORK DAILY TRIBUNE SATURDAY, FEBRUARY H. 1899.

Continental Tobacco. common 33A93i; preferred,
nan: Air Power, eSG7O Electric Vehicle. 4Sa40's.
EXPORTS OF SILVER Exports OF silver to-
day. $4,000 ounces
GENERAL ELECTRIC's DIVIDENDS. - The
General Electric Company has declared a dividend
OF $40 O5 % per share ts preferred stock Ihis
completes the payment OF the back dividehds on tne
company's preferred stock.
CHARACTER OF TRADING-Pscihc Mail de-
clned in the first hour on the statement that the
subsidy bill had little chance OF passing at this ses-
sion OF Congress. but elsewhere the market was
firm. Commisson-houses had few orders. Inc aa-
vance In Burlington due 10 buying by impor-
tant interests. and result long line OF snort
stock covered. Washington houses sold on the
advance and arbi.rage houses disposed OF more
stock than they bought. Flower CO. bought On
:arfo and Western, and most OF the important
houses took Burlington. especially those with Bos-
ton connections Mr.. Keene was also said to be
a big buyer OF Burlington. The coal stocks were
strong buying induced by the cold weather ana
the St Louis Southwestern issues again reflected
inside absorption. Strength in Peoples Gas Ioi-
lowed the publication OF the companys annual re-
port which showed surplus or <l62|sZo' an IN
crease OF S33 762 over the preceding year sugar Re-
hning rose on covering Of shorts and Tooaceo de-
clIned short selling
BANK REPORTs-Following are some figures
from the statements of National banks of this city
the close OF business February 4: National BANK
NJ tho Renuhlic loans and discounts. $l6.Oo5O OO9 Oh
total resources Ol0 o. and individual deposits
subject to check AsE.l92 50; Mercantile National
Bank loans and discounts. N2 5l.26O Il; total re-
sources. 800 1M sol o. and individual deposits SUD-
iect To check IS Sl6 939 So Gallatin National Bank
! loans and discounts s6iA951 IS: total resources
si2 $50. $50 s. and individual deposits subject 10
check $529S 95l Is: Central National Bank loans ana
discounts 81 90s54 C6: total resources, ZsoS4S o.
and individual deposits subject TO check SSS' oS w
| National Park Bank. loans and discounts Ss'I-o-
972 II: total resources sSOs32l17 g. and indiVidua
denosits subject to check Si03l COZ As: First Ma
tional Bank loans and discounts. $2SoeOS a; totai
resources $40 67s 479 o. and individual deposits SUB
| ject TO check slloH.s2i H.
| GERMAN LOAN.-The m0co,o0 marks OF ne"
ner cent perpetual loan OF Germany. recently puT-
| chased bv the Deutsche Bank. were issued on
! Thursday at 80 per cent by that bank ana as
! sociates The Issue was confined TO germany
whore the market vas Unexpectedly favorable ow-
ing 10 the recent reduction OF the bank rate OF IN
terest II was reported when the original sale was
made that part Of the loan would probably De Oh
fered in London and New-York. The bonds were
subscribed for many times over, and large dealings
| are reported premium over the issue price
! Several APPLICATIONS from this country were Haue
! for important amounts.
PRICE OF sEATs.-Although business has been
! comparatively light Of late on the New-fork STOCK
Exchange there has been falling off In the price
OF memberships. A day or two ago Charles T..
Otis tr bought for $4,000 the seat Of R. w Rath-
| borne and It IS said that the same price was DID
yesterday for another seat on the Exchange