New-York tribune., 1902-08-23

Morteag ge and Trust Company has arranged to issue
81 600 of its per cent fvetwenty year first mort
gage trust gold bonds The bonds are secured os
like amount of real estate first mortgages anu
are first lien on all the assets of the company
UNION PACIFIC.-The transfer books OF 'le
Union Pacific Railroad will close on September &
and not on September 3, announced in this col
umn yesterday, for the purposes of the annuai
meeting October IA.
COUPON PAYMENT.-The coupons due Septen-
Der 1 the first mortgage bonds of the Missouri.
Kansas and Texas Railway Company will be PAID
az the office of the company. No. t9 Wall-st.
AMERICAN ICE BONDS-American Ice STOCKS
have experienced pretty heavy declines withln the
last few weeks Reports have been freely circl-
lated that earnings for the current fiscal year
would show heavy declines, because of unusual eX-
penses in connection with the years harvest ana
the light demand, due to the extremely cool sum-
mer When the company issued 100000 collateral
trust bonds. in April. rumors of an impending re-
ceivership circulated The faith of the dlrec-
tors in the future of the company is demonstrated
by the official announcement that all of the bonds
have been sold to them.
DIVIDEND DECLARATIONS-Th Trenton
Potteries Company has declared the regular quar-
terly dividend of per cent its preferred STOCK.
payable September 10 to stockholders or recoru
August 30. The United States Envelope Company
has declared a dividend of 212 per cent on us pre-
ferred stock payable September l. The Alabama
Consolidated Coal and Iron Company has declared
a dividend of IA per cent on its preferred stock
payable September /
THE BANK STATEMENT-The New-1ork
News Bureau. in discussing the bank statement
says: Current indications that the bank state
ment will make favorable exhibit as some OF the
larger banks have decreased loans considerably
the individual reductions ranging from $4OVe" 10
nearly 100000. At the time some of the
larger institutions, in some have also in
creased cash fairly large amount from local
sources. The liquidation in Colorado Fuel and TO
a less extent in other shares, on Thursday VIII
of course be only partly averaged"
AMERICAN SUGAR REFINING.-It is reported
that the Williamsburg plant of the American Sugar
Refining Company will be shut down at the end of
this month At the office of the company in Wall
st il was said that nothing known there about
the rumor.
COFFEE EXCHANGE TO CLOSE-The board
of managers of the Coffee Exchange have voted to
close the exchange the Saturday before Labor Day.
MEXICAN TRUST COMPANY BANK.-Ygnacio
de la Tore. a capitalist of Mexico. progressive
Mexican of the school, a warm admrer of the
United States and son-in-aw of President Diaz.
has been elected a director of the Mexican Trust
Company Bank. This bank Is now operating seven
lowing points Guadalajara. Pachuca Monterey.
Tampico Aguas Calientes, San Luis POtosi and
Pueba, with principal bank in the City of Mexico.
LINCOLN TRUST COMPANY'S PRESIDENT
Henry Z. Wilson elected president OF the
Lincoln Trust Company at 4 meeting of the board
of directors held yesterday At the time
Frank Tilford elected vlce-presdent- 1t is said
that Mr. Wilson is the youngest trust company
president in the city.