New-York tribune., 1901-03-06
WHEAT
WALL STREET AND EXCHANGES.

FOREIGN TRADING.-London prices were
strong, and arbitrage houses bought about $4,000
shares on balance. There good demand for
Union Pacific Southern Railway, Atchison pre-
ferred and Pennsylvania.
STOCK LOAN QUOTATIONs.-Loan quotations
were: Atchison common and preferred. Chicago,
Burlington and Quincy. Peoples Gas. NewYorh
Central Northwestern Northern Pacific preferred.
Reading 1st preferred Rock Island st. Paul, Sugar.
Union Pacific common and preferred, American
Tobacco common. Continental Tobacco common,
Manhattan, United States Leather preferred,
Brooklyn Rapid Transit. Tennessee Coal and Iron,
Southern Railway preferred, Louisville and Nash
vile, Southern Pacific, Federal Steel common,
American Steel and Wire common, >; General Elec-
trlc Northern Pacific common and Smelling COM
mon ll4; Third Avenue. Missouri Pacific. Bati-
more and Ohio common Federal Steel preferred.
American Steel and Wire preferred and Smelling
preferred nat; Delaware and Hudson and Western
Union, l..
BURLINGTON. Burlington advanced over .
points on heavy h-yIng by II. o. Nicholas & Co,
Talbot J. Taylor q Co. II. Content x Co. and Bos-
ton houses. Z. La Montague, jr., was heavy SELL
er There news regarding the property,
but rumors Of a refundng scheme were revived
], was also reported that a Northern Pacifc-Bur-
liuston combination would be affected
SOUTHERN RAILWAY.-It Is reported in well
informed quarters that the Southern Railway dt-
-ectors will declare a dividend Of 22 per cent on
the preferred stock this week. This will make 4
per cent for the fiscal year and doubtless fore
shadow a ) per cent basis for the year beginning
July /
RECORD BREAKING BALANCES.-The bal
arces at the Clearing House yesterday s2l,-
40 css the largest on record. one bank was cred
tor N6c0oo0 Another was debtor SloooOclo The
balances were made in part settlement Of the Union
Pacific Southern Pacific deal.
WINTER WHEAT CONDITIONs-Prim crop
bureau says that indications point to early re-
sumption OF spying work All things considered.
the winter wheat crop has come through very we'll
The H.ssan fly. however, found Judgement in a
wide area of the belt last fall The result OF this
infection cannot yet be determined.
AMALGAMATED COPPER-The strength In
Amagamated Copper was due to buying on the
report that the Rockefellers had purchased the
DAILY holdings in Anaconda. II. L. Horton was q
he~vy buyer. Other prominent buyers were Strong
SturSIs * Co. Flower & Co. Moore * SChley and
Sheffield & McCulIoueh.
SUGAR DIVIDENDS-The directors Of the
American Sugar Refining Company have declared
a quarterly dividend Of IA per cent on the COM
stock and the regular quarterly dividend Of ls4
per cent the preferred. The dividend on the
common is the same al the preceding dividend
period The stock declined the announcement
Of the dividend
SOFT COAL STOCKS-The advance in the soft
coal stocks is based upon big earnings and well
founded report that the transportation rates for
soft coal viii be advanced 10 per cent on April l.
SILVER ENPORTS.-The steamship Teutonic.
sailing for Europe to-day Will take out $4,000
ounces ot silver, shipped as follows: NJ. Gugsen-
helms Sons $4,000 ounces, and the United Metals
Selling Company. 5000 ounces