New-York tribune., 1901-02-14
WHEAT.
WALL STREET AND EXCHANGES.

FOREIGN NTRADING.-London prices were strong
and foreign houses active buyers in the local
market. Large amounts of Atchison common ana
preferred taken by arbtrage firms. Iotai
dealings were about 100000 shares. mostly pur-
chases.
STOCK LOAN oUOTATIONS--Loan quotations
were: Atchison common. Manhattan. LOUISVILLE
and Nashville Baltimore and Ohio common. r=q2:
Atchison preferred Chicago. Burlington and Quin-
cy Peoples Gas General Electric, New 1ork
Central Northwestern 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, Brook
lyn Rapid Transit. Tennessee Coal and Iron
Southern Railway preferred, Southern Pacific, Fed
eral Steel common American Steel and Wire COM
mon Missouri Kansas and Texas common and
preferred .; Third Avenue, fat: Missouri Pacific
Northern Pacific common Illinois Central. 1l4; Del
aware and Hudson, Western Union. Smelling com
mon. l; Smelling preferred, 1-256
STEEL STOCKS.-Western houses were heavy
sellers of the steel stocks and traders in general
sold the various issues There was no news re-
garding the steel deal. and selling of the stocks
represented chiefly realizing sales and turns for
quick profits on the short side. Traders had re-
port that the proposed steel combination would
amount little than central selling agency.
with an aicable division of territory. II was also
reported that the common stocks would suffer If
plans were adopted for Il company with an
exchange of present securities for new issues.
ATCHISON ISSUES.-Heavy local and foreign
buying of the Atchison issues was a conspicuous
feature of the market. Reports were put out that
the Atchison and Burlington systems would be
brought into closer relationship, but official denials
made Burlington stock was strong in the
morning. and the Street refused to believe that
there was significance in the strength or n'th
Atchison and Burlington.
SUGAR REFINING.-The decision of the Secre
tary of the Treasury place countervailing duty
on Russian sugars induced heavy buying Of Sugar
Trust certificates IN the early dealings Boston
houses were active buyers. and lower Wall Street
interests were said TO have taken profits. \ sharp
break took place in the stock at noon. and ii was
said that Mr.. Keene heavy seller. II was
also said that bear efforts were directed against
Mr.. Lawson, of Boston, and his crowd The ma XII
mum decline points.
METROPOLITAN'S EARNINGS.-The Metropol-
ltan Street Railway reports for the quarter ended
December 81 increase in net earnings of SIPS d-9
and a surplus of s9i7s3. increase of $3639S over
the time year ago. Surplus for the first
half Of the year is sls7219s, gain of s6s,si6 over
1899 At this rate the company will earn about S
per for the year.
SEABOARD AIR LINE STOCKS.-There was a
good deal of activity in Seaboard Air Line in the
outside market. thought have been due 10 buying
for the account of Southern Railway interests.
Later in the day President Williams Of the Sea-
board denied that the stocks OF the company Were
being bought by these interests.
NEW-YORK ONTARIO AND WESTERN.-The
New-York. Ontario and Western Railway Company
for the quarter ended Decenbe~ 81 is officially SAID TO
be due the strike OF the anthracite coal miners
during the period covered by the report. The de-
crease OF $4,000 In the operating expenses for the
same period follows naturally upon the strike.
NORTH AMERICAN TRUST-At the annual
meeting OF II North American Trust Company
the following elected directors for three
years: Horace Andrews, Allan McCulloh. J. G. Car
Isle Frank H. Ray. W. II. Taylor. Edwin Thorne.
II 5. Black. Alvah Trowbridge. T. c. Potter and
Wager Swayue
AMERICAN LINSEED BONDS.-Ciuy G Major.
president OF the American Linseed Company. au-
thorizes the statement that the company has
closed negotiations for the floating Of $6o00Gl0 five
year gold notes at per cent through Blair &
Co, and that the Morton Trust Company is trustee
under the mortgage.
BID FOR ENGLISH NOTES.-It was learned
yesterday from a trustworthy source that the New
York Life Insurance Company had offered sub
scribe for fI.Ga0o of the tll01).010 OF Bank OF
England per cent notes. which be is
sued The insurance company. II was said. had
offered stl. but its bid was rejected because IL was
iderei low