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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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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Steel
United States Steel
Tariff Revision Committee
Washington
Congress
Union Pacific
St. Paul
Paul
St. Paul's Coast
Harriman
St. Paul's
Orn
Europe
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Torte Consolidated Steamship Co
New York & Cuba Mail
SoReal
Yegen
Catal
Boston
Post Office Sq
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Philadelphia
Aris
Don
Anaconda
Atchison Canadian Pacific
Erie
Louis
Nash
Illinois Central
N. Y. Central
Foreign Public Securities
Saxony
Hamburg
Consol
Ohio Copper CO
Bamberger, Loeb & CO. Bank
Trust, Insurance Co
Broad St
Curb
J. Thow Reinhardt
Exchange
Mass
Overlook Curb
State OF New York
Secretary of State
E. D. & J. D. Stein, Incorporated
Deceeners of
Albany
James L. Whalen
Wald & Freedman
Henry Wald
Adolph Freedman
Joseph
Copartnership Notices
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Peer Aldrich
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Sears, Roebuck & CO
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Divid i Ressior
Gunter
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Ceecccee
Office OF
Brooklyn
Thomas T. Barr
Samuel W. Boocock
George W. Chauncey
William N. Dykman
William Hester
Francis L. Hine
Theodore F. Mill
William A. Jamis Frank Lyman Willis L. Ogden
Joseph E. Owens
John J. Fierrepon
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David
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Charles A. Schieren
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Alexander M. Kite
Willis D. Oodanman
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Converse
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Samuel Woolverton
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York City
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Ember
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Whith & Sons
Cedar ST
Newry
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John
Lackawanna Steel Co
Louisville & Eastern R. BR
Manistee Light & Traction Co
Mobile Electric Co
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Mount Hope Cemetery Assn
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Susq
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Chicago, Burlington & Quincy
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CGC
Chicago, Burling Quincy Railroad Company
Sears’ Ing
Masa
Great Northway Company
Nassau Street York
Intex
Burlington
R. BR. CO
Edward B
Bostom
Ita