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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Dec 02, 1908

Page

13

Rock Island Leads Stock Rally Amid Upbeat Market Tone

Trading revived with Rock Island issues driving gains as other rails and United States Steel attract heavy buying. Bond and common stock advances spread through the tape aided by expected dividend talks and a possible tariff delay. Call money climbs signaling caution on money supply while Europe export moves loom.

Rock Island Preferred Rock Island St. Louis San Francisco United States Steel Common

European Markets Mixed as Trading Opens and Closes Steady

London money remains in demand for calls and Indian bills while discounts ease. Consols rise slightly as gilt bets wane. Japanese bonds gain. Kaffirs rise on Paris support. New York influence creates late trade steadiness. Paris bonds hold near 3 per cent rates. Berlin reports prices up on political easing. American rails falter on New York news.

London Stock Exchange Paris New York Grand Trunk Berlin Orient Chicago Liverpool Seaboard Duluth

Germany to Borrow Less in 1909 Budget

Berlin reports imperial estimates place the 1909 balance at 716,250,000 marks with 50,750,000 marks to be borrowed. The borrowing need is 16,250,000 marks less than in 1908.

Germany Berlin

Jefferson Railroad Plans Bond Extension Until 1919

The Jefferson Railroad Company announces an extension proposal for its $2,800,000 First Mortgage Bonds maturing January 1 next. Extensions offered at 105 percent with 5 percent interest paid semiannually in gold coin, payable April 1 and October 1. Holders may deposit bonds with J. P. Morgan & Co. by December 31, 1908 for extension. bonds not extended will be redeemed at par after maturity. President W. A. May signs.

Scranton Jefferson Railroad Company Messrs. J. P. Morgen & Co Jefferson Railroad United States Messrs J. P. Morgan & Co W. A. May

Notice to Bondholders on Jefferson Railroad Extension

Bondholders must deposit their bonds by December 31, 1908 at the office of the Jefferson Railroad Company 23 Wall Street New York to receive temporary receipts and an extension supplement with new coupon schedule through April 1 1919. After January 1 1909 bonds may be extended or bought at par with coupon cashing for non extending holders.

Colorado & Southern Railway Company Broadway New York Jas. Steuart MacKie Detroit & Mackinac Railway Wall St New York City Henry K. Mc. Harg Wi Street Een Ae City Aeional Gor B. Colebrook Wall Street Jefferson Railroad Company Bristol Gas & Electric Company Gifford, Hobbs & Beard Nassau Street Mamhat Euch B. Kilburn Manhattan Trust Company Savannah Trust Company Savannah North Chicago Harris Trust and Savings Basi

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