New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-03-06
terday The retiring Board of Directors was re-
elected with the addition OF John Englis
CHARACTER OF TRADING.

The reduction in the Sugar Refining DIVIDEND 10 a
6 per cent basis first in importance OF the oay
DEVELOPMENTS in Wall Street. But while an Hnpor-
tant development it's effect upon stocks was con-
fined to Sugar certificates and the few issues III
which spectators in Sugar were also concerned
Prior to the announcement of the Sugar diViueho
the stock strong at an advance or -FOUR points,
but when It became known that the dividend rate
had been cut in two the stock broke over eight
points although recovering a part of the loss be-
fore the close. About $50 900 shares of the stock
dealt in. more than one-fourth OF the total
dealings in all stocks. Peoples Gas was SOLO py
Chicago houses and local traders, but there was no
affecting the property. There We're as usual
vague reports of new competition. and aggressive
action by the Chicago City Council, which, now
ever induced short selling only The railroad STOCKS
generally firm. standard shares such as New
York Central and Pennsylvania being in demand
from good sources Philadelphia houses were
active buyers of Pennsylvania The decline In the
still stocks due to Chicago and local selling
of the selling representing, 1t was said, hqul-
daton by insiders Hartman interests bought
Brooklyn Rapid Transit The fluctuations In Third
Avenue violent, and the dealings much
lighter than any full day last week AS rule
prices closed at net advances, the chief exceptions
among active stocks being American Hoop, whlch
lost 2h per cent: Sugar Refining. ia per cent; Con-
solidated Gas, 2% per cent; International Paper
Ia per cent: National Steel, 1% per cent; People
Gas Sss per cent, and Republic Steel, per cent
Some of the buyers and sellers were H. Laps
ley & Co. and f. l.. Seligsberg bought American
Tobacco; II. B. Hollins & Co. Q0o0) sold. Henry
Brothers & Co. bought Peoples Gas; Chauncey &
Co. sold. Henry Brothers Co. sold Atchison
preferred. j. S. Bache & Co. bought Thlrd Ave
nue.. H. Content Co. A. de Cordova d CO. ana
]. A. Blair & Son bought Sugar Refining. l. g. 5.
Wormser bought St. Paul. c. NJ. Oelrichs Co
q 900 sold American Tobacco. Mendham Brothers
bought Atchison preferred. a. A. Housman & Co.
bought Union Pacific T. j. Taylor & Co bought
Pennsylvania. H. l.. Horton & Co. and j. f.
Carlisle Qarge) bought Sugar Refining; /. & 3
Wormser, A Blair & Son, II. Content Co ana
Mendham BROTHERS q O0O sold Wassermann
Brothers and Mendham Brothers sold Sugar Re-
ining I. G. s. Wormser 2OoO), A. A Housman q
Co. and L. r. Bacon s. Co bought Union Pacif1c;
z. C. Anness 500. Bell & Co. Q,0oo), Post "
Flagg and Van Emburgh & Atterbury sold. /. d
S. Wormser and |. F. Mead & Co. bought People
Gas; NJ c. Bowler & Co. Henry Brothers & Co..
Otto Loeb, w. D. Hatch. T. j. Taylor Co, D
Barr & Co. and Provost Brothers & Co sold. Mend
ham Brothers sold Sugar Refining. Jacob Field
q 500 and w. D. Hatch bought New-York Central;
R. w Newton sold c. Minzesheimer & Co. C2OOO)
sold Steel Hoop. l. & s Wormser and I. j. Tay-
lor & Co. bought Peoples Cas- Otto Kohn and d.
said