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Cincinnati Commercial Tribune in Cincinnati, Ohio

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Cincinnati Commercial Tribune

Location

Cincinnati, Ohio, United States of America

Date

Jun 15, 1902

Page

14

Toledo Railways and Light Company Formation and Assets

The Toledo Railways and Light Company formed in July 191, and soon acquired the Toledo Traction Company and Toledo Consolidated Electric Company. It owns 102 miles of standard gauge track, a $12 million authorized capital, $9.88 million in bonds, a large electric plant on the Maumee River, and extensive streetcar and lighting equipment. Franchises for rail lines expire in 1910 and 1920, electric lighting perpetual, with subways and conduits citywide. Toledo, a major manufacturing hub, has growing rail traffic and a population of 131,822 in 1900.

Toledo Railways & Light Company Toledo Traction Company Toledo Consolidated Electric Company City of Toledo Maumee H. P. Motors Intermore Electric

Toledo Railways and Light Company Earnings Outlook

The report shows four months ending April 30 1902 with gross and net earnings up from the previous year. It notes Toledo Railways Light owns all street railways and electric light companies in Toledo and Maumee Valley Railway, with earnings boosting system returns over 8 percent on 12 million capital. The article highlights growth prospects, dividend potential, and demand from Ohio investors. Canadian centers like Montreal may absorb stock while New York brokers show large bid blocks for the non taxable security.

Toledo Railways & Light Company Columbus Railway Company Deland Columbus Railway Common Toledo Railways & Light Columbus Toledo Eastern Syndicate Everettg Moore Holdings New York Philadelphia Montreal Cincinnati Cleveland Louisville Toledo Railways & Iight Maumee Valley Railway Maumee Valley Toledo Railways # Light Company Ohio

Toledo Railways & Light stock touted for quick gains

An advertisement urges immediate listing of Toledo Railways & Light on the New York Stock Exchange and promotes buying the stock as low risk with rapid market value growth. It claims wide investor demand and easy liquidity through brokers with regional connections.

Toledo Railways & Light New York Stock Exchange New York Cincinnati Cleveland Toledo Paromg Ver Ik Oschees Dee Seevess Inc Goens Pabienieee Shektesase A Ihie Gaal Ckcbbhwes Ced Cvchovesen Ccceeeeees Inc Adn Cute Spoumacion Sc Ganas New York Exchange London Bull Domingo Utica California Golden O. K Golden Casket Mars Goshen Mina Rica North Belt Ida A ‘Rica Grey E. Ex San George Gola Colorado River

Investing wisdom and safe bond options offered

The speaker argues wealth grows by prudent investment and avoiding waste. They claim to avoid risky securities and present several bonds currently yielding 3 to 5 percent as safe equivalents to money.

Nish California King Gold Mines Co

Toledo Market Soars as Toledo Railway Leads Strong Session

A brisk weekly market rise shows intense activity with Toledo Railway and Light as the leader. The day closes with firm prices across most issues and a strong demand for traction stocks, signaling further gains expected Monday.

Toledo Railway and Light Detroit Railway and Bne The Stock Exchange Cin Gas and Electric Market National Bank Columbus Gas Mt. Auburn Cable Stetee

Wall Street Review: Dull Trading Amid Steady Close

June 14 report notes very dull dealings with prices held due to lack of offerings aside from Missouri Pacific and St Paul. Bank statement favors market, boosting cash reserves and surplus while loan contraction eases nerves. Rumors of strike measures lack corroboration. rail earnings rise, anthracite strike clouds persist.

St. Seh Cincinnati W. W Cincinnati Edison New York Missouri Pacific St. Paul Preserves of Fame Norfolk & Western Virginias Nhi Ee Sasoo I Ane

Wall Street Turns From Western Leadership Amid Markets Slump

News notes that Western party influence in stock speculation wanes as market activity slows. Analysts cite coal labor strife in Appalachia, South Africa peace effects, and a generally unsettled European scene with a lingering shift toward liquidation and cautious optimism for U S markets.

Western Party Wall Street Southern Railways West Virginia Virginia South Africa Stock Exchange London England Europe

Also Mentioned on This Page

Office OF Claude Ashbrook Walnut St Cincinnati, C Railways & Light the Globe-Wernicke CO Globe Wernicke Co Fourth & Elm Sts Toledo Railway Light Company Electric Light Companies Everett-Moore Holdings W.E. Hutton & CO East Third Street Cincinnati Stock Exchange Chicago Board of Trade Renee Sint. Boris Boston Chicago Baltimore Gt. Louis Ciess Shillito Nor. O. Traction Ohio. Traction Ohio Traction Erlanger Prian United States Printing Cin, Gas and Electric Detroit United Ry Toledo Ry Pacer Toledo Ry. & Ight Toledo Ry. & Light O Ry Edo Ry Oledo Ry. & Light E G CN Ee Beg G Paris Sterling Exchange Clyde Wherschievin Grand Rapids Edison CO Indianapolis Street Railway U. S Nat’! Bank Jiinnati Incinnati Southern R. R Cuyahoga County Mowartay Huse Man & CO United Bank S. E. Cor Third and Walnut Streets Guy H. Kennedy Union Trust Building Indianapolis Street R. R General Mortgage IHE Saver NK and Trust CO Ns Bank Olzman & CO Cincinnati Consolidated Linking Fund Kuhn & Sons John M. Anderson Walter B. Powell United States Printing Co United States Playing Card Co Anderson & Powell Tel. Main Corps OF Public Accountants West Pickering BuilDing 1580 Geo. Peck N. E. Cor Provident Savings Bank and TrustCo Ham Ngevee Peenes Rine York Brook Feder, Holzan &Co Union Trust Bldg Saitek Ss. W Ince St. L Erie B. A K. Bbd Cen Ist N. St Bae It Gy Wall Street Review O’dell Commission Co Detroit United Railway Hamilton ,& Dayton Columbus Railway Co Columbus Gas Light and Heating Co Cincinnati Gas and Electric John W. Ballmann Stocts Cotton Murphy & Co, Inc College Bidg C. Rose Prine al South York New Orleans B’way N.Y Upton Trust Building Atlantic Seer Pacacho Basin San Diego County Jotn E. Jones F. Grew L. Dew. Seaman Charles H. Fay Hoe John P. Jones Gold Hill Newseed Hutchins Shington How Chas. A. Towne New York City C.A. Towne Co R. F Yapeg Sioux Falls Willard Deluge Denver Col Silas B. Dutcher Brooklyn N. Y Joseph M. Gazzam Putlanenis Quaker City Jacob E R Way Quaker City Nat. Bank James R. McCortney Washington, DC Ashley W. Cole Brooklyn Board of State R.R John I. Bishop Pittsburg Coal Co Pennsylvania Broadway N. Y H. C. Cat Emerson Gee J. L. Shepard P. C. DuBois Frank Cright I. M. Taylor Euro United States Beth Rea Cmpany King Stock Robt. M. Shearer Eastern Consolidated OW Co Will To Hartford Springfield L. E. Pike St. Louis Washington Great Western Development Company Great Western Investment and Development Co Campbell & Morton H. L. Snodgrass
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