Market swings amid mixed outlook and bank gains
New York and Boston stock lists show mixed results with United States Steel leading turnover in both cities. Bank clearings rise sharply in November, while tariff and railroad issues pressuring prices trigger uneven trading and cautious sentiment.
MENTIONED IN THIS ARTICLE
New York
Boston
United States Steel Common
Keokuk & Des Moines
American Hide & Leather
Fitchburg Railway
Calumet & Hecla Mining Company
Lead Tariff Debate Focuses Miner Attention
TLS WEEK'S ISSUE of COPPER. CURB MINING OUTLOOK outlines arguments before Congress Ways and Means on tariff revision for lead metal. It explains significance and notes upcoming coverage of the American Mining Congress three‑day session in Pittsburg starting December 2.
MENTIONED IN THIS ARTICLE
TLS
Congressional Committee On Ways and
American Mining Congress
Pittsburg
Boston Curb Market Reports Mixed Activity on Cobalt Central
Today's curb market showed limited movement with Cobalt Central rising to 59 cents at one point before closing at 55 cents while National Mining Exploration stayed firm around 65 cents. The report notes fluctuations across the full curb list with detailed figures.
MENTIONED IN THIS ARTICLE
Amalgamated
Lake Copper
Steel Common
American Pneumatic Service Common
Union Pacific
Telephone
New Heaven
Butte Coalition
Shannon
Franklin
North Butte
Corbin
Doane Street
Cobalt Central
National
Dividends Declared by Various Companies in Late December
A listing of dividend declarations and book close dates from multiple firms including American Pipe Mfg Co Beacon Trust Co Fidelity and Deposit Co of Maryland Finance Co of Pennsylvania Merchants' Trust Co Continental Passenger Railway Union Exchange Bank Crown Reserve Mining Co Buffalo Mines Co Safety Car Heating and Lighting Co Ingersoll Rand Waltham Trust Americate Can Seattle Electric Twin City Rapid Transit Denver Rio Grande Railway Co and others with amounts dates and record dates.
MENTIONED IN THIS ARTICLE
American Pipe Mfg. Co
Beacon Trust Co
Boston
Fidelity and Deposit Co
Maryland
Finance Co
Pennsylvania
Merchants’ Trust Co
Philadelphia
Continental Passenger Railway Co
Union Exchange Bank
New York
Crown Reserve Mining Co
Buffalo Mines Co
Buffalo. Mines Co
Safety Car Heating and Lighting Co
Seattle Electric Co
Twin City
Denver
Rock Island Bonds Offered By Speyer & Co At 89
Speyer & Co offering 4 percent first and refunding mortgage gold bonds of the Chicago Rock Island and Pacific Railway Company at 89 plus accrued interest. Bonds redeemable at option of company at 105 with accrued interest on or before April 1 1911 on 60 days’ notice. Issue capped at 16 million, now about 74.942 million issued overall. secured by lien on 148 miles of railway lines plus St Louis to Kansas City route, St Paul Minneapolis terminals, Moline shops, and on all lines subject to existing mortgages.
MENTIONED IN THIS ARTICLE
Speyer & Co
Chicago, Rock Island & Pacific Railway Company
St. Louis
Kansas City
St. Paul
Minneapolis
Moline
C. W. Hillard
Illinois
United States
Gulf States
Galveston
New Orleans
Chicago, St. Louis
Memphis
Denver
Bonds and earnings details for Chicago Rock Island Line
The text notes 5649 miles excluding leased lines and trackage, with 88,058,000 bonds authorized under mortgages. It specifies allocations: 401,000 against underlying bonds, 13,500,000 to cover 7a percent purchase price bonds of other firms, and 17,157,000 for improvements and acquisitions. Bonds are valid investments for trustees, savings banks in New York, and accepted by the Washington Treasury as security for public deposits. Also agencies insure investments for New York insurers. For Q3 1908, Rock Island reports 15,708,609 revenue, down 664,064, with net operating revenue of 9 9 from 5,025,863 expenses, up 292,687 vs 1907. Over five years, surplus for dividends averaged about 6,200,000 annually.
MENTIONED IN THIS ARTICLE
New York State
Treasury Department
Washington
Chicago, Rock Island & Pacific Railway Company
Woolen industry rally backs tariff shift urged at meeting
Treasurer Arthur M. Cox told the American Association of Woolen and Worsted Manufacturers that post election investment improved the trade where about 400 million dollars has been invested. Two hundred mills were represented as discussion of tariff and raw material costs drew turnout. Joseph F. Fletcher was re-elected president.
MENTIONED IN THIS ARTICLE
Nis York
Arthur Fl. Cox
American Association of Woolen and Worsted Manufacturers
Joseph FE. Fletcher
Hartford Citizens Gift to Senator Bulkeley
In Hartford Connecticut on December 3 a $3000 silver dinner set was presented to United States Senator Morgan G. Bulkeley by Hartford citizens. They expressed appreciation for his role in the building and dedication of the $3,000,000 stone arch bridge over the Connecticut River. The presentation took place at Parsons Theatre.
MENTIONED IN THIS ARTICLE
Hartford
Conn
United States
Morgan G. Bulkeley
Connecticut River
Parsons’ Theatre
Worsted Mills Begin Full Time Operations in Baltic Area
The Shetucket Worsted Mills in Baltic, employing about 100 workers, started full time today after a period of short time. Pine Tree Worsted Co in Elmville and Chase Mills in Killingly will begin day and night schedules starting next Monday with new orders already received.
MENTIONED IN THIS ARTICLE
Baltic
Conn
Shetucket
Should Vear
Elmville
Chase Mills
Asl
Merrill Files Bankruptcy Statement Assets Set at 21000
Colonel Winthrop H. Merrill who was released on bail for alleged larceny filed a bankruptcy statement in court listing liabilities of 15599 and assets of 21000 with no secured claims. His residence is 142 Massachusetts avenue in this city.
MENTIONED IN THIS ARTICLE
Winthrop H. Merrill
Merrill
Massachusetts Avenue
Mindos defeats Woodward in Atlanta mayoral race
In Atlanta on December 3, Robert F. Mindos, an independent candidate backed by a citizen committee, defeated James Woodward, the regular Democratic nominee, two weeks after Woodward faced a spectacular campaign surge following his third nomination for mayor.
MENTIONED IN THIS ARTICLE
Atlanta
James (. Woodward
Robert F. Minddos
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