New-York tribune., 1901-07-02
WALL STREET AND EXCHANGES.

TRUST COMPANY OF AMERICA-The annual
statement OF the Trust Company of America, OF
which Ashbel p Fitch is president. made to the
Banking Department Of the State OF Newly for
the year ended June 80 1901 shows deposits Of $l6
795 537 against s1O911343 the preceding year. be-
ing a gain in deposits during the year of s. SS4 1874
The undivided profits for the payment Of two divi-
dends of s342,122 against s2l6626 the preceding
year, being gain in undivided profits of $l25.496
The total resources of this trust company, which
began business on July /, 1889, now aggregate $22-
997O and the capital stock. surplus and undivided
profits together are $53l2.122
FOREIGN TRADING.-London sold stocks at the
opening but subsequently bought upward of 25 coo
shares. Atchison, Southern Pacific and United
States Steel were in good demand.
STOCK LOAN QUOTATTONS.-Loa quotations
Atchison common, Northern Pacific pre-
ferred, Baltimore and Ohio common, 5; Atchison
preferred, Chicago. Burlington and Quincy Peo-
pies Gas, Southern Pacific, Wabash preferred
General Electric Missouri Pacific, New-York Cen
trial. Northwestern Erie common. Reading first
preferred, Rock Island. st. Paul, Sugar. Union
Manhattan, United States Leather preferred
6aG zap and Inn and
Railway preferred Louisville and Nashville, United
States Steel common and preferred. g.
LOANS CALLED.-Many large loans were called
in by the banks yesterday and loans were
made the Stock Exchange at from to per
cent The Mutual Life Insurance Company lent
$5o0.O00 at per cent. The prevailing afternoon
rate was per cent.
NICKEL PLATE STOCKS-The Nickel Plate
stocks were strong throughout the day on a good
class of buying. Rolston & Hooey were active
buyers Of the common and second preferred Be
yond reports of heavy earnings there was no news
affecting the property.
NORTHERN PACIFIC-Northern Pacific earn
ings for the month of May increased in gross s342-
068 May year ago, and net earnings Increased
S6S,957. For the eleven months of the fiscal wear
gross earnings increased S2 $3.50 and earnings
s97 ,267.
UNITED STATES STEEL DIVIDENDS-Tha
United States Steel Corporation directors VIII meet
to-day to declare dividends on the preferred and
common shares of the company. A quarterly rate
of ia cent will be declared the preferred and
per cent on the common.
BROOKLYN RAPID TRANSIT RECORD
EARNINGS.-The earnings of the BROOKLYN RAND
Transit Company for Saturday and Sunday were
larger than for any other two days IN the history
OF the company. The report for June will II is
understood, show very material increase over
June OF last year.
TO DEAL IN LOCOMOTIVE SHARES-App-
cation has been received at the Stock Exchange to
admit the securities of the American Locomotive
company TO the unlisted department. The appli-
cation may be acted upon any time, and the se-
curities will probably be admitted some time this
week. ~
SUGAR REFINERIES TO CLOSE-It is likely
that sugar refners will close their refneries from
Thursday night until Monday morning thus giving
them chance to make their summer cleanup It
is also probable that the saesrooms of the several
refneries Will be closed during that period In
ana there would be general extra holiday in the
sugar market