Bond Market Outlook Turns Up After 1907 Panic
The 1908 opening saw virtually no bond market due to the prior year’s panic and tight money. By late 1908 bond sales surged in New York, Boston, and Philadelphia with large open market totals and oversubscribed issues from Pennsyl vania and Union Pacific, signaling restored investor confidence and a favorable 1909 outlook.
MENTIONED IN THIS ARTICLE
Pennsania Railroad
Pennsylvania
New York
London
Kuhn, Loeb & Co
Rothschilds
Union Pacific
Boston
Philadelpha
New York City
Market Outlook for 1909 Hints a Strong Year Ahead
William F. Fitzgerald of Towle & Fitzgerald notes general conditions are satisfactory and expects an active resumption of business in most lines if crops are normal. He cautions stocks may be high, but copper demand and rising prices along with strong bond demand and ample liquidity signal a potentially robust 1909.
Outlook for coming year promises broad market gains
Thomas S. Dee of Paine, Webber & Co. cites improved security prices, low money rates, and rising railroad and industrial earnings. He credits Taft’s conservative policies and anticipated tariff revisions for restoring confidence, predicts a record business volume within three to six months and renewed dividend strength for copper producers.
MENTIONED IN THIS ARTICLE
Taft
Boston Stock Brokers
Boston
Copper Enthusiast Foresees Electrical Era Growth
The speaker, a president of Arizona Commercial and partner in Copper firms, bullishly predicts 1909 will begin a great electrical era. He cites rail electrification, water power growth, and steady copper demand, warning of limited mine output but potential 18 to 20 cent metals and market stability through producer cooperation.
MENTIONED IN THIS ARTICLE
Taft
Borough Officials and Executives List Unchanged
The record enumerates officers and the executive committee for the organization. Names include Joseph H. O'Neil as President James J. Phelan and James W. Kenney as Vice-Presidents, with Timothy E. Hopkins and others serving as officers and on the committee.
MENTIONED IN THIS ARTICLE
Joseph H. O’neil
James J. Phelan
James W. Kenney
J. H. Turnbull
Timothy E. Hopkins
David Bates
Thomas F. Galvin
Francis Gray
William F. Hammett
Timothy E. Hopkins James W. Kenney
Lawrence J. Logan
Joseph H. O'Neil
James M. Morrison
Joseph. O'Neil
Pierce Powers
John E. Stanton
Various First Mortgage and Debenture Securities Across Regions
A compiled list of financial securities including First Mortgage 5s and 4s, Debentures, and Consolidated Mortgage issues from multiple railways, electric and water utilities, and regional companies. Entries include stakes from Dover to Worcester, with bonds maturing on specified dates and notes for several utility and railway firms.
Also Mentioned on This Page
Chicago, Burlington & Quincy R.R
N. Y
New Haven
Hartford
R. R. Reston
New York Air Line
Duluth & Iron Range R. R
Norfolk & Western Ry
Scioto, Valley & New Eng
Central Pacific Railway
Baltimore & Ohio Railroad
Southwestern Division
Hocking Valley Railway
Atlantic Coast
Ling R. R
Chicago & St. Louis
R. R
River R. R
Madison River Power Co
Agricultural Chemical Co
Interborough Rapid Transit Co
Nipe Bay Co
Illinois Steel Co
Exchange PI
State Street
the Rookery
Chicago
Brown Brothers & CO
Philadelphia
Selie&rs OF Credit
Rutland Ry. Light & Power Co
Warner, Tucker & CO
Congress St
NYITH
The
First National Bank
Federal, Franklin, and
Congress Sts
Adams Express
DB Ve Hae Wien
BO Dom Ars
Elsisas
Atl Coast Line
Ches & Ohio
Ches & Ohio G
Chi & Alton
Hi & East Ill
Hi & East
M & St
Hi & Nor Con
Oki & P
RI & P
I RI & P
Ins
Col
Midland
Southern
Iby
del & Hudson Ec
del & Hudson
DSI
den & Rio
den & Rio G
Distill
Eeee
Inter Ae
Inter
Fs& OB
Kan City
Lacka Steel
Erte & West
Lake Shore
Ash OL Nh
Cuba
NY City
U. Ss
Boston Bonds
Louis & Nash Uni
Louis & Nash
Mercan Marine
Minn & St L Ist
Mo Pacific
Nyc&h
O & West
Nor & West
Nor Pacific
Arizona
Nor Pac
Atchison
Ry & Nav
Penn R R
Penn R
Ode Sen
Boston & Maine
Bur & Mo River Sk
Penn R BR
CB & Mo River
PCC &Stl
Vermont
CB & Q
Iowa
St L,im
St L & San F
C June
Ry & US
St L So West
St Paul Dub
Ten Ee Wee
Chic & Norwich
Chic & West M
Cacasvenes
United Rys of
San
New Eng Cot Yarn
Wabash Deb
Old Colony Gold
Wabash Pitts
Ore Ry & Nav Gold
Seattle Elec
West Maryland
West Mary
West Shore
United Fruit
US Coal & Oil
West UN Col Tr
vo U_S Steel
West UN Real Estate
West End St Ry
Westinghouse
West Tel & Tel
William F. Fitzgerald
of Towle & Fitzgerald
Thomas S. Dee
of Paine, Webber & Co
Lyman B. Greenleaf
Boston Stock Exchange
Europe
Nathan L. Amster
Arizona Commercial, Shannon and
Boston & Corbin
Federal Trust Co
Milk Street
Mass
John T. Burnett Francis Gray
Board OF Directors
Executive
WM. FY. Hammett
WM. J. Emerson
American Trust Company
State St
Bath Street Railway Company
First Mortgage 5’S
Boston & Northam St. Roy
Brockton Gas Light Company
Burlington
Gas Light Company
Cedar Rapids & Marion Guy Ray. Co
Cheyenne Light, Fuel & Power Co
Colt’s Arms Company Collateral Trust Mortgage 5’S
Concord Electric Company
Concord, Maynard & Hudson St.Ry.Co
First Mortgage 5'S
Creston Water Works Company
First Mortgage 6’S
Dover, Somersworth & Rochester St. Roy. Co
Edison Electric Co. of
New Orleans
Elkhart Gas Company
Framingham, Southboro & Marlboro St. Roy. Co. Wy
Granite State Mines Company
Springfield Street Ry. Co
Haverhill & Amesbury St. Ry. Company
Indianapolis Light & Power Company
Laramie
Hahns Peak & Pacific By. Co, First Mortgage 6'S
Leominster Electric Light & Power Co
Lone Tree
Town of Water Works
Lumber Exchange Building Company
First Mortgage
Manhattan Building Company
Marlboro & Westboro St. Rwy. Co
Mystic Valley Street Rwy
National Electric Lamp Company
New Bedford, Middleboro & Brockton St. Rwy. Co
Newport & Fall River St. Ry
Newton Street Railway Company First Mortgage 5’S
Norfolk & Bristol St. Ry
Northern Illinois Light & Traction Co First Mortgage 5’S
Olympia Light & Power Company
Plymouth Electric Light Company
Quincy Electric Light & Power Co
C. Corporation Collateral Trust Mortgage
Savannah Electric Company
Somerset Railway Company First & Ref
Taunton St. Railway Company
West End Street Railway Company
Winchester
Windsor Locks Traction Company
Worcester, Nashua & Rochester R. R. Co
First Mortgage 4’S
Worcester & Clinton St. Ry. Company
Chattahoochee Valley Railway Company Consolidated Mortgage 5
Chicago & Western Indiana Railroad Co
Chicago & Western Indiana Railroad Company
Equitable Trust Company
Wiliam Salomon & Go
Broad Street
LaSalle Street
Roffat & White
Nassau Street
the Equitable Trust Co. of
Blodget
Merritt & Co
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