New-York tribune., 1901-01-03

preferred 4; Atchison preferred Chicago. Burling-
ton and Quincy Missouri Pacific. Northern Pacific
preferred. Reading first preferred. Rock Island ST.
Paul. Union Pacific common and preferred, Man
haitian Southern Railway preferred. Louisville and
Nashville, Baltimore and Ohio common and Pacific
Mail, 4a4a: Peoples Gas. Sugar. American To-
bacco common, Continental Tobacco common.
United States Leather preferred, Brooklyn Rapid
Transit, Tennessee Coal and Iron. Federal Steel
common. Amalgamated Copper and American Steel
and Wire common. Az. and Western Union and
Illinois Central. s.
SUGAR STOCK.-American Sugar Refining stock
made net loss of over six points. Tip that
the stock would break was circulated in the room
early in the day. and the decline was started by
the so-called Waldorf crowd F. w. Savin. r. L..
Kean and Wassermann Brothers were heavy SELL
ers. Trade authorities and spectators could not
the significance of the price reduction in
granulated sugars by the trust and independents.
THE TRACTION ISSUES - Brooklyn Rapid
Transit closed we'll under its best price. but at
substantial net gain Early in the day there was
selling of the traction issues the theory
of further legislation against corporations this
winter. but Governor odel's message disspated
this theory.
RECORDS BROKEN.-New high records were
made by the following stocks: American Tin Plate,
Erie common and first and second preferred. Ma
tional Tube common and preferred. Reading COM
and first and second preferred. 81. Louis
Southwestern preferred. Union Pacific common and
preferred. Chesapeake and Ohio. Atchison pre-
ferred. Cleveland. Cincinnati. Chicago and ST.
Louis. Hooking Valley. Pennsylvania. st. Louis
and San Francisco second preferred, ST. Paul and
Southern Railway preferred.
ST. PAUL'S ADVANCE.-It is now thought that
the advance in st. Paul stock is in discount of q
possible stock dividend In addition TO the regular
dividend at the next dividend period II is known
that prominent interests buying the stock for
investment account II has also been suggested
that the road will figure in transcontnentaI line
but there is little apparent basis for this report
standard OIL interests were heavy buyers of ST.
Paul yesterday
COAL STOCKS.-Good buying was noted in the
hard coal shares throughout the day. II was
thought that the buying foreshadowed an advance
in the price of coal The Reading and Erie issues
were taken by Morgan brokers II is figured that
an advance of 25 cents ton in the price of coal will
be sufficient TO pay the dividends the preferred
stocks of Erie and Reading
UNITED STATES RUBBER.-The directors of
the United States Rubber Company will meet to-
day, when IL is expected that action will be taken
dividend matters. The preferred stock is per
cent non-cumulative, and If the full per cent
quarterly is not declared the amount will not have
20 be made up at another time. United States Rub
her common went 10 81 yesterday maximum ad-
vance of six points. but closed 30iz gain Of
1SS. The preferred also advanced sharply and then
declined. Both issues evidently manipulated.
TRUST COMPANY OF NEW-YORK.-The an
nual statement Of the Trust Company OF New
York Willis s. Paine. president shows the capital
to NC Sl'uV'HH the surplus Among the
assets are S1Ol6.5o0 United States bonds s1OOO32s
New-YOrk City bonds and s2Se sOS British Ex-
chequer bonds. The deposits amount TO sf2a9O0s.
The company is depositary OF the money of the
city Of New-York. OF the Cotton and Produce Ex-
changes. and has been appointed by the Bank Su-
perintendent a depositary Of lawful money reserve
for the banks and individual bankers OF the State
Of New-York and by the State of New-York for
State funds
INTEREST AND DIVIDENDS Erie TeIe
graph and Telephone Company has declared
quarterly dividend OF Ia per cent The Bank for
Savings No. 2sO Fourth-ave. has declared interest
at the rate of per cent.