New-York tribune., 1901-03-10
MINING STOCKS.
WALL STREET. AND EXCHANGES.

FOREIGN TRADING.-London prices were lower
and foreign operations in the local market were
divided evenly between sales and purchases Union
Pacific, Denver and Rio Grande, Southern Rail-
way and Chesa peake and Ohio were In good de-
mand
SUGAR PRICES LOWER.-The American Sugar
Refining Company and Arbuckle Brothers have re-
duced the price OF refined sugars % points TO 525c.
The National Sugar Refining company has met the
cut. and the whole trade is now on a basis OF Csc
for granulated The reduction Of 25 points in the
price ot sugar was caused by the heavy decline In
raws- The trade is Offering concessions and
guarantees. The balance OF old contracts is
guaranteed the day Of arrival only. The
European sugar market Is lower.
SOUTHERN ROAD RUMORS-Rumors of an
immediate dividend Norfolk and Western COM
mon and per cent Chesapeake and Ohio are
not confirmed Norfolk and Western and Chesa-
peake and Ohio showing large earnings but
neither is likely pay the dividends reported be-
fore summer at the earliest Norfolk is earning
about 5l2 per cent on the common stock this year,
and Chesapeake and Ohio over per cent. but both
companies need large expenditures for permanent
Improvement Of the properties
MUNICIPAL BOND SALES. - The municipal
bond market during February exceedingly dull
the number OF separate issues placed being ex-
tremely limited and their aggregate very small AS
consequence OF the short supply OF securities
offered prices have held firm. The aggregate of
sales during February reported by The Chron-
icle" was 81 22l 2f9 against s. 137 AL in Fehruarv
1869
CHICAGO GREAT WESTERN.-Chicago Great
Western made new high record price on heavy
dealings II was reported that buying was for the
account of a syndicate that hopes to secure con-
troll Of the road, in order eliminate it a dis
turbing factor in Northwestern traffic. The
of the company is held abroad
COTTON MOVtMENT-For the week ending
March the total receipts of cotton .S73
bales, against l2f.599 a week ago and 122 COS the
week before that. making the total receipts since
september l. 1900 602SSS0 bales. against 569 Isl for
the period of lS99-l900. showing an increase
since September l. 1900. of 500 699 bales.
BANK CLEARINGS-Bank cleariugs last week
compared with the corresponding week in 1900
show increase in the aggregate of 42 per cent
New-Iork exhibits a gain of 49, per cent: Boston,
l49 per cent; Philadelphia. l09 per cent Baltimore
1l5 per cent; Chicago. IA per cent; st. Louis 40
per cent and New Orleans 1.6 per cent.
APPLICATION TO LIST.-The committee on
stock list has received the following applications
Atchson. Topeka and Santa Fe Railway Com
pany. s. 000.0O0 general mortgage per one
hundred year gold coupon bonds of 1895, Louis
vile Southwestern Railway Company 81. GOO 600 adj
ditional second mortgage per cent gold income
bond certificates of 1889.
PROPOSED FOR MEMBERSHIP. - Leonard
Lewisohn prominent in the copper industry, whose
recent operations In the coffee market have at
tracted considerable attention. has been proposed
Cor membership in the Coffee Exchange
FOUR HUNDRED TWO THOUSAND DOL
LARS DEPOSITED-The Narick Bank of New
York at the close of business last night had Sp2 900
deposited.