New-York tribune., 1901-03-27
WALL STREET AND EXCHANGES,

FOREIGN TRADING-Foreign trading amount
ed 10 upward Of % Oo shares evenly divided between
sales and purchases
STOCK LOAN QUOTATIONS.-The was good
demand in the stock loan department OF the Stock
Exchange Yesterday for Atchison common Missouri
Pacific. Sugar Refining Union Pacific common,
Manhattan, Louisville and Nashville, Smelling
common and preferred and Erie first preferred
Loan quotations were: Atchison common. Western
Union /. Atchison preferred. Chicago Burlington
and Quincy. Peoples Gas. Delaware. Lackawanna
and Western. Northern Pacific preferred Reading
first preferred Rock Island. ST. Paul. Sugar. Union
Pacific common and preferred. American Tobacco
common. Continental Tobacco common. United
States Leather preferred Brooklyn Rapid Transit
Tennessee Coal and Iron, Southern Railway pre-
ferred. Southern Pacific, Federal Steel common.
American Steel and Wire common, 2i3; Third
Avenue. Federal steel preferred, Smelling pre-
rerred fat: General Electric. New-York Central.
Northwestern. Northern Pacific common. Manhat-
tan Delaware and Hudson. Louisville and Nash
vile. Erie common. first preferred and second pre-
ferred ?; Missouri Pacific. Smelling common, IL:
Baltimore and Ohio common fatal.
SOUTHWESTERN EARNINCiS.-Earnings OF the
railroads in the Southwest continue 10 break all
past records for corresponding periods. For the
third week In March Missouri Pacific increased
200. Denver and Rio Grande. $500. Internaton-
nj Great Northern So $50; 81. Louis Southwestern,
S5 si4: Mexican Central $4,000: Missouri. Kansas
and Texas. S72.136 and Texas and Pacific, $7s.O22.
ATCHISON DINIDENDS,-The Atchson drec
tors meet early In April. but It is expected
that action will be taken the common stock
dividend until the May meeting II then. A divi-
dend is likely. however. before the end Of the
year
GENERAL ELECTRIC-General Electric's high
record price Is due 10 buying based on the ex-
pectation OF a most fiattering annual report and
the possibility OF n melon for the stockholders.
II is reported that earnings for the year have
been upward of 81 per cent. The stock is entitled
TO no more than per cent, and II is thought that
the high price foreshadows return 10 the stock
holders equivalent II the stock reduction made
three years ago
BANK or COMMERCE. REPORT-The Ma
tiOnal Bank of Commerce. which Is distinctly a
Morgan institution, will. it said. become the
official bank for the United States Steel Corpora
tion. The stock of the bank has been growing
stronger In the last few weeks. and I'm some quar-
ters IL is thought unusual efforts are makin.
to add largely to the institutions business. The
Bank of Commerce is of the representative
banks of the country.
WHEELING AND LAKE ERIE.-Wheeling and
Lake Erie issues made high record prices in
yesterdays market Buying apparently based
on the expectation that the property would be ab-
scrbed by larger company.
NICKEL. PLATE RUMORS.-Persons I'm a no
stion TO speak by authority of the affairs of the
New-fork, Chicago and St. Louis Railroad Com
pany say that there has been suggestion from
any official that the first preferred stock
will be retired and that the directors of the com
pany have idea that they will be asked to con-
slider any such proposition. With regard to rumors
that some further dividend action may be taken
this year II is asserted authoritatively that no
more dividends will be declared on nickel Plate
stock until January
MIR. DUNNE'S NEW OFFICE.-John H. Dunno
who until recently connected with the firm OF
Schwartz. Dupee & Co. has associated himself with
the Chicago house OF Bartlett Frazier & Co Mr.
Dunno will have charge of the New York office
SMELLING DIVIDEND-The American Smelt-
ing and Refining Company has anticipated the pay
ment OF its dividend of ia per cent on the preferred
stock. which was declared payable April g. There
We're rmors that the payment of this dividend was
to have been enjoned and this action was taken in
justice TO the stockholders
SILVER EXPORTS.-The steamship Oceanic
sailing for Europe to-day. will take out 1870 600
ounces of silver. shipped follows: NJ Guggen-
helms Sons. $4,000 ounces. and the United Metals
Selling Company. 3OOO ounces.
SUPERINTENDENT To BECOME MENRFR
st. George Walker. superintendent of the New-York
Arm OF coffee brokers Mr. Walker has made an
plication for membership In the Exchange His
successor has not yet been named
THE GERMAN LOAN-Sternberger FuId G.
SInn announce that they authorized TO receive
subscriptions until April for the new German
Imperial per cent loan of 100000 900 marks (ahout
s72OOOOOO, at the official price of S7IA and accrued
interest
NEW UPTOWN BRANCH RANK-rbe Ma
chancs and Traders Bank. which is at present at
Broome-st and Broadway. will on May l remove
! where II will occupy commodious offices This
ison-ave. and Fifty-ninth-st.