New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1901-06-28

piled BY the coal and iron department For the
eleven months of the fiscal year there is surplus
after charges of s2422s7s decrease of sS3146 from
1900. The strike last fall caused a heavy slump
in earnings, but actual earnings have increased
since July 1855, the decrease in surplus being
due to an increase in charges
STANDARD MILLING COMPANY.-The reor-
ganized United States Flour Milling Company, now
known as the Standard Milling Company, is getting
Its affairs In working order. and within a short
time all of the mills of the United States Flour
Milling Company, which sold at foreclosure
will be transferred the Standard Milling Com
pany. and the receiver of the United States COM
pany will be discharged.
INTERNATIONAL POWER DIVIDEND A
meeting of the directors of the International Power
Company is to be held on July 10 to declare divi-
dend the common stock of the company The
amount of the dividend has not yet been decided
upon.
ATCHISON'S EARNINGS-Gross earnings of the
Atchison system increased in May s7S6,442 as COM
pared with the same time in 1900 Net earnings in
creased s2574iO. From July l gross earnings have
increased S6960,159 and net earnings 81 $50 los.
TO PAY LINSEEDS LOAN-Chicago reports
that the recent 100000 mortgage on the American
Linseed Company will De paid off next week. The
company has sufficient funds at hand to do this,
and 1t is the ambition of the management to
liquidate all old debts
MARKET NEUTRALITY-SUSPICIOUS. interests were
heavy buyers of st. Paul stock. and Hartman in
terests bought stocks throughout the day. The
principal selling orders came from the West
VICTORY FOR PEOPLES GAS-The motion of
the city of Chicago against the Peoples Gas Com
pany to block the Ogden deal has been denied by
the courts
THE BANK OF NEW-YORK.-The Bank of
New-York, National Banking Association, Will
lam and Wall SITS. has just enlarged and greatly
improved its safe deposit vaults. Every customers
securities are triply guarded by many
bnations of locks, and in addition box be
opened until its lock is released by official of
the vaults. At night combination of bolts bars
private watchmen and electric connection holds
the millions of dollars worth of securities safe and
secure During the hot weather blast of cold air
is introduced. rendering the vaults a desirable
place in which TO clip coupons.
TO BUILD A LARGE PLANT.-WiIlam [.
Elkins, jr.. president of the United Coke and Gas
Company, No. Sc Wall-st. yesterday announced
that his company has contracted to build a large
plant for the manufacture of coke and gas for the
Maryland Steel Company Sparrows Point Work
Is 10 be begun on number Of the ovens a once.
Gas IN this process of Coking is used instead of
wasted. as in the odtime beehive ovens There is
an Illuminating gas of high grade and a poorer
gas for heating. the latter of value TO the steel
company. In addition there are benzne cyanides
ammonia, sulphur and tar
AMERICAN ICE COMPANY-The American Ice
company has declared a quarterly dividend Of Ia
per cent on It's preferred stock payable July 10 to
stockholders Of record at the close of business on
July l. Transfer books of the preferred stock will
close July and reopen on July 10
NOTICE GlVEN.-The Chase National Bank
gives notice that drafts of the ST Lawrence County
Bank. Canton n. Y: Manhattan State Hospital:
Navesink National Bank Red Bank. y. J.: McNab
Harlin Manufacturing Company. Paterson n
J.; Union Mutual Life Insurance Company. Port
land Me; Citizens National Bank. Covington
Ohio. and First National Bank. oxford. Ohio will
be paid by them presentation.
DIVIDEND DECLARED.-The trustees of the
Dry Dock Savings Institution have declared a div
ldend for the six months ending June 80. at the
rate OF az per cent per annum.