New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1901-06-26
BONDS.
WALL STREET AND EXCHANGES

FOREIGN TRADINC.-Foreign houses were not
active in the local market Total dealings
amounted to about 10000 shares. mostly sales
Southern Pacific was in good demand for foreign
account.
STOCK LOAN QUOTATIONs.-Loan quotations
were: Atchison common and Rock Island 3l2 per
cent; Northern Pacific preferred. 3; Atchison pre-
ferred Chicago. Burlington and Quincy, Peo-
pies Gas, Southern Pacific, Wabash preferred,
General Electric Missouri Pacific. New-York
Central Northwestern. Amalgamated Copper,
Reading first preferred. st. Paul, Sugar Refining.
Union Pacific common and preferred. American
Tobacco common. Continental Tobacco common,
Anaconda. Manhattan. United States Leather pre-
ferrcd. Brooklyn Rapid Transit. Delaware and
Hudson. Tennessee Coal and Iron. Western Union
Southern Railway preferred Louisville and Nash
VILE. Baltimore and Ohio common. Erie. United
States Steel common and preferred, T.
TOBACCO MERGER DEPOSITS.-The Morton
Trust Company gave out the following statement
late last evening: The common stocks of the
American and Continental Tobacco companies have
very nearly all been deposited for exchange into
the per cent gold bonds Of the Consolidated
Tobacco Company. The time for deposit of the
stocks expired to-day and the rush was so great
that i: will be impossible 10 make up a statement
for the Consolidated Tobacco Company tomorrow.
The question OF extending the time 10 receive the
small amount of stock outstanding will have TO be
decided by the directors of the Consolidated COM
pany."
York News Bureau learns from excellent author
lty that AZ the time of the merger the Amagamated
Copper Company had an actual cash surplus OF
about 100000. and the other two companies
turned over to the Amalgamated company on the
merger a cash surplus of about 100000 The
Amalgamated. therefore has on hand about SIS
Ooo 90 in cash. equal about y per cent on the
entire capitalization. The controlling interests
in the Amalgamated company say that the mex;
dividend announcement will be 2is per cent quar-
terly he q
SUGAR MARKET CONDITIONS advance in
prices for Is generally expected 1t IS
said in the Street that the American Sugar Refining
Company has advised its big customers TO buy
sugar Immediately limiting at advance very
There was heavy demand for refined sugar
yesterday afternoon. and II 1t continues the surplus
stocks Of refined sugar. now held by refners at
their distributing depots. will soon be exhausted
There buyers of sugar at prices equal TO
those at which last sales made-that is 7-32c
for &c centrifugal duty paid, and 5-l6c for SO
test molasses sugar. There is no demand for mus
coyado sugar. which is nominal at 9-i6c.
NATIONAL STARCH.-At the adjourned meet
ing OF the Nation Starch stockholders the follow
Ing directors elected: William f. Riel. jr..
Hiram Duryea, Joy Morton, William f. Roosevelt,
Charles r. Flint. C. p. Kingsford, H. w Biel. J.
d. Higgins. Alexander II. Stevens. Henry r. Wood.
F. NJ. Gilbert. Richard Johnson. G. W. Young. w.
II. c. Coles. A. G. Erkendrecher, George Merminech
and H. H. Duryea. An officer of the National
meeting with reference to consolidating with the
Glucose Sugar Refining Company.
AMERICAN LOCOMOTIVE The American
Locomotive Company is about make application
TO have It's securities listed the Stock Exchange
SILVER EXPORTS.-The steamship Teutonic
sailing for Europe to-day. will take 3e3 600
ounces Of silver. shipped by the United Metals
Selling Company.
BOND SUBSCRIPTION CLOSED-The subscrip
ton for s6cooOOO Rio Grande Western Railway
Company first consolidated mortgage per cent
fifty year gold bonds closed at the offices of
Kuhn, Loeb & Co and Spencer Trask & Co inn
mediately after the opening of the subscription
lists yesterday morning numerous applications for
the bonds having been received.
DIVIDENDS AND INTEREST.-The following
dividends are announced: Michigan Central Rail
road Company. per cent; Canada Southern Rail
way Company. per cent; Lake Erie and Western
Railroad Company. 2 per cent preferred stock;
Cleveland. Cincinnati. Chicago and st. Louis Rail-
Company. Il. per cent quarterly on preferred
stock; Seaboard National Bank. per cent, semi
annual; Mercantile National Bank. per cent. In
terest for the half year ending June 30 Is an
nounced by the following savings banks: Manhat-
tan Savings Institution. rate of 3a per cent per
annum; Citizens Savings Bank, 3la per cent; North
River Savings Bank. 49, per cent: German Savings
Bank, 3la per cent; Union Dime Savings Insttu-
ton, 3h per cent; Seamen's Bank for Savings, 4
per cent; Harlem Savings Bank. 4 per on
up to $1,000; per cent on sums up to 5000;
Irving Savings Institution. per cent.