New-York tribune., 1900-12-22
WHEAT.
WALL STREET AND EXCHANGES.

local market amounted to upward of 100000 shares
with purchases exceeding sales by 10000 shares
STOCK LOAN QUOTATIONS.-Loan quotations
were: Atchison common and Erie common. fat
Atchison preferred, Chicago. Burlington and
Quincy, Missouri Pacific New-York Central North
ern Pacific preferred, Reading first preferred Rock
Island. ST. Paul. Union Pacific common and pre-
ferred. Manhattan, Delaware and Hudson South
ern Railway preferred and Pacific Mail 404Ih:
Peoples Gas. American Tobacco common CONT
mental Tobacco United States Leather preferred
Brooklyn Rapid Transit, Tennessee Coal and Iron
Federal Steel common. American Steel and Wire
and Amalgamated Copper ~: Northwestern
Northern Pacific common. Sugar Refining, Louis
vile and Nashville, Baltimore and Ohio common
4; Western Union, Illinois Central and Erie first
preferred, 3; Erie second preferred q
SUGAR REFINING.-It is reported-the same re-
port has appeared before-that the Standard Oil
people are heavy buyers OF American Sugar Re-
1ning stock 1t is also reported in circles where
gossip runs wild that Sugar will go to $50 on the
current move. Boston was an active buyer yester-
day
MISSOURI PACIF1C-Buying of Missouri Pacific
stock came largely from pool and from public in
vestors. 1t is estimated that the stock is earning
per cent. and furnots of per cent dividend
basis are currept.g Little stock comes out on the
advance. o'' '-+
ATCHIsoN IssuEs-Atchison issues advanced
on a raid against local and London shorts The
Street in general continues bulish the Atchison
securities, but many professional traders have sold
the stocks short the theory that sharp reac-
ton is due. Strong. Sturgis & Co. were active
buyers Of the common. 1t thought that the ad-
vance was helped by London option contracts. F.
w Savin & Co. and A. A Housman & Co. were
heavy buyers.
GENERAL ELECTRIC.-General Electric stock
made advance of IL points. closing at 1885, This
stock is largely held by investors and predictions
have been made that in the course OF the next
few years the price will be high as II not higher
than Standard Oil stock sells at present
INTERNATIONAL PUMP.-A large block of In
ternational Pump stock bought at private sale
in the week by prominent market interest. 1t
may be said on the best authority that the common
stock will be placed upon per cent basis In the
spring.
PAPER TRADE.-"The Paper Trade Journal
says that the majority of paper manufacturers
agree that 1900 has been OF the good years
and while prices have had d tendency slide
downward mill men have not shown any alarm at
the situation In that respect. Manufacturers argue
that with a quickening of the demand after the
first of the year prices must advance
AMERICAN BRIDGE-It is estimated that the
American Bridge Company is in control Of "a
per cent of the bridge construction business the
country. The Carnegie Company has ccme into the
combination taking the usual contract (as with
the Steel and Wire Company. selling a department
of the business to the Industrial combination
for certificates of stock therein, and contract to
produce the raw material.
SOUTHERN PACIFIC.-Southern Pacific was
strong on the report that the stock would be di-
vided into common and preferred. Good market
Judges make the point that Southern Pacific has
not shared in the upward movement any ex-
tent and that 1t is OF the attractive pur-
chases on the list.
CHEAP STOCKS.-Denver and Rio Grande COM
mon, Wheeling and Lake Erie, Kansas and Texas
Des Moines and Fort Dodge. Southern Railway
Ontario and Western. Erie common and New-York
Chicago and St Louis were in good demand. Dem
yer and Rio Grande common was particularly. well
bought.
BURLINGTON.-The advance in Burlington was
accompanied by the old story of conversion of the
per cent bonds
NATIONAL BANK OF THE REPIBLIC-The
report of the condition of the National Bank of the
Republic at the close of business on December n
shows: Loans and discounts s1402445 II: total re-
sources S26 sS1 g. Individual deposits subject IN
check Sc, oil 199 &C.
DIVIDENDS DECLARED.-The following dtvi
dends are announced: Merchants National Rank
cent; Bowery Savings Bank. per cent; New-York
Air Brake Company. per cent.
OVERsUBSCRIBED.-Spey & Co closed the
subscription books for the s5s69.O0o United New
Jersey Railroad and Canal Company first mortgage
31s per gold bonds Immediately after 10 o,cock
Friday morning. the amount offered being Iarpalv
oversubscribed.
COFFEE EXCHANGE HOLIDAY.-The mann,
bers OF the Coffee Exchange yesterday voted unani
mousy TO close the Exchange on December n II
had already been resolved to make December "a a
holiday this Exchange