Bondholders Seek Redemption in Westchester Gas Light Notice
The Westchester Gas Light Company announces that all its outstanding first mortgage bonds totaling 27 000 dollars and second mortgage bonds totaling 40 000 dollars have been called for payment. Interest will cease after January 28 and principal plus accrued interest will be paid at Yonkers office on January 28 or sooner at option of holders. Subscription books for United New Jersey Railroad and Canal Company first mortgage five and a half percent gold bonds opened and were oversubscribed at Speyer & Co. outlet.
MENTIONED IN THIS ARTICLE
Westchester Gas- Light Company
Yonkers
United New Jersey Railroad and Canal Company
Speyer & Co
Westchester Gas Light Company
Trade Developments Signal Bright January Commerce
Reports this week show increased activity and improved business conditions. Testimony across sources notes stronger trade versus last Christmas with aggressive buying, steady orders in iron and steel, and openings of new mills and furnaces. Collections remain good and ample money supports business.
Trade Mood Improves Across Markets Amid Holiday Activity
Reports say seasonable trade conditions hold with widespread holiday activity and favorable year-to-year comparisons in most markets. Western jobbers report solid collections while iron, hardware, groceries, toys, and confectionery trades show strength. shoes and lumber also improve though eastern shipments lag. Bank clearings dip slightly from last year’s peak in 1899, but overall industrial activity remains steady and finance eyes optimism post election, especially in the South.
MENTIONED IN THIS ARTICLE
Brad Street
Dan
Atlantic Seaboard
New York
Lsu
Iron and steel markets show steady demand and rising activity
Bradstreet notes small but steady new pig iron demand and firm Bessemer pig and steel billets. Production rises while stocks shrink. polished products remain active. Hardware trade stays strong at Western points. structural material demand is immense with many specifications coming forward. Export trade cools with reports of Scotch iron shutdowns. other metals steady though weak in one area.
MENTIONED IN THIS ARTICLE
Far East
Industry in Slump as Holidays Loom Across Metals
Leading manufacturers report ranged conditions during the last week before holidays as furnaces shut, dull activity in mills, and iron and steel handling slows. Contracts persist for months, new sales stay at prior levels, ore prices fall, and British output shows another decrease while tin prices dip near year-ago levels.
MENTIONED IN THIS ARTICLE
Dan
Railways Earnings Reported by Commercial and Financial Chronicle
The Commercial and Financial Chronicle releases a table of railway earnings for the 2nd week of December 1900. It lists gains and losses across lines such as Canadian Pacific, Illinois Central, Louisville & Nashville, Texas Pacific, and others, totaling 1900 totals with net increases and yearly comparisons.
MENTIONED IN THIS ARTICLE
Commercial and Financial Chronicle
South
Ann Arbor
Buf
Roch
Pitts
Canadian Pacific
HAG
GOP
Central of Georgia
Ohio
Ilinois
Great Western
Ind
Louis
Mii
St. Paul
Abe G
N. C
Texas Pac
Peoria & Eastern
Lor
Wheel
Sand
Heck
Denver
Rio Grande
Evansv
Indianapolis
Terre
Georgia
Aes
Ok Grand T
H. Oie
Hocking Valley
North
Iowa Central
Kanawha
Michigan
Kan
City Southern
Wis Kan
Louisv
Pac. & Iron Mt
Central Branch
Norfolk & Western
Aa -Pitts
Rio Grande South
Rio Grande Western
St. Louis
San Fran
Elas
Yexas Pacific
Tol
West
Wabash
Cite Wheel
Lake Erie
Wisconsin Central
Net, Inc
Icre
C. R. Foie
Chattanooga
Ee Oe
Kan. C
Kaen. C
Boise
Bet T
Northern Pac
Pitts. & Western
Lone Texas Central
Wet Inc
Philadelphia Prices Hold Steady Amid Holiday Market Slump
The Philadelphia market showed subdued activity with several stocks near unchanged levels. Cambria Steel attracted notable buying around 20, while Union Traction Lehigh Valley and Readings closed strong. Marsden eased to 7.75 percent, and overall the day ended with little variation from last night.
MENTIONED IN THIS ARTICLE
Philadelphia
Marsden
Cambria Steel
Union Traction
Lehigh Valley
Pennsylvania
New York
Wall Street
Am. Ry
Cambria
Metropolitan Street Railway Stock Rights Rule Notice
The New York Stock Exchange Committee on Securities interprets the December 19 stockholders notice for the Metropolitan Street Railway. All Wednesday sales except cash are ex rights, with assignments or due bills required for pre December 26 deals. Settlements for non cash rights occur January 1 1901. cash rights or regular way after January 15.
MENTIONED IN THIS ARTICLE
Metropolitan Street Railway Company
Committee On Securities of the
New York,Stock Exchange
Norwalk Tramway seeks bond redemption on Jan 21
Large oversubscription for the 5,669,000 first mortgage bonds at 314 percent gold offered through a local bank. Norwalk Tramway Company plans to redeem all its first mortgage bonds on January 21, after which interest on them will cease.
MENTIONED IN THIS ARTICLE
United New Jersey Railroad and Canal Company
Norwalk Tramway Company
West Virginia Incorporation and Coal Lands Purchase
The Commonwealth Company is incorporated in West Virginia after purchasing 2,800 acres of coal lands about twenty miles from Charleston. An advance of half a cent is noted in posted sterling exchange rates. Today’s steamer ships 837,000 ounces of silver to Europe.
MENTIONED IN THIS ARTICLE
West Virginia
The
Commonwealth Company
Charleston
Sterling Exchange
Europe
Westchester Gas Light Bonds Called for Payment
Notice shows all 6 percent first mortgage bonds totaling 27000 and all 5 percent second mortgage bonds totaling 45000 have been called for payment on January 25. Import data reports a weekly rise of 17642 in dry goods imports versus the prior week and a drop of 539888 versus the same week last year.
Chicago Union Traction declares preferred stock dividend
Chicago Union Traction Company announces it has passed the dividend on its preferred stock for the current quarter. The action preserves cash flow for the firm and signals stable financial management for investors.
MENTIONED IN THIS ARTICLE
Chicago Dispatches
Chicago Union Traction Company
Shelby Steel Tube Plans New Chicago Area Plant
Shelby Steel Tube Company announced plans to erect a large additional plant near Chicago, signaling expansion and increased production capability in the region.
MENTIONED IN THIS ARTICLE
Shelby Steel Tube Company
Chicago
Money Market Rates and Exchange Standards Report
Money on call ranges 4 6 percent with closing at 5 percent. Time money 5 percent for thirty days, 414 percent for sixty days, 4 percent for four months, and 414 5 percent for five to six months. Mercantile paper 4 9 percent to 5 514 percent for sixty to ninety days and 544 6 percent for others. Clearing House exchanges total 267,060,030 with balances 10,187,977 and Sub Treasury debit 1,025,207. London money on call 80 515 percent. Open market discounts 4 percent short and 4 434 percent three months. Foreign exchange firmer with nominal rates: sixty days 4.805 to 4.80 and demand around 4.845 to 4.841. Cables and commercial bills quoted. Continental rates given for marks, reichsmarks, guilders. Exchange on New York at domestic centers shows premiums and discounts by city. varied parities for commercial and bank rates across Chicago Boston New Orleans San Francisco Charleston Savannah Cincinnati and other centers.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Treasury
London
Continental Exchange
Ranes
Reichsmarks
London Market Update Signals Mixed Trading for Holidays
The London market viewed a fairly large money supply with increasing demand as settlement and holidays approach. Consols firm, home rails irregular, and American stocks showed initial weakness then improvement led by Northern Pacific on retirement rumors and Morgans' support. Bulky quote details label bonds, Erie, Grand Trunk, and other issues with bullion and foreign rates noted.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Eries
Morgans
Atchison
Canadian
St. Paul
Illinois Central
Louisville
Union Pacific
New York Central
Erie
Pennsylvania
Heading
Erie First
Northern Pacific
Grand Trunk
Anaconda
Randee Alionaco
Financial rounds from Paris Berlin and Madrid markets
Continental centres report mixed European trading with Paris stocks firming and Rio Tinto activity rising after initial neglect. Berlin notes Chinese securities lifted by peace talks, while Madrid cites a gold quote of 34.35. Bank policy hints at no near term rate hike amid mortgage bank strains.
Boston Stock Market Special in The New York Times
Boston on December 21 saw a lively morning in sugar with 12 000 shares traded and notable moves in copper stocks as Tamarack jumped to 326 and then 320. High and mid priced shares lagged while several low priced issues like Elm River Rhode Island Winona and Victoria stayed active. Parrot Butte Osceola Eureka Isle Royale Old Dominion Massachusetts and Wolverine shows limited trading activity.
MENTIONED IN THIS ARTICLE
Boston
Wall Street
Atchison
Chicago, Burlington and Quincy
Tamarack
Elm River
Rhode Island
Winona
Victoria
Quincy
Parrot
Butte
Osceola
Eureka
Isle Royale
Old Dominion
Massachusetts
Wolverine
Market closes firm with bonds in demand and mixed stocks
Morning activity showed strong bond demand with good issues selling near par. GE 5s at 160 up 10, Massachusetts Electric 261/4, American Telephone 1561/2, and overall market firm. Clearing House loans at 3 1/4 to 4 percent. New York funds in demand at 5 to 10 cents premium. call money higher while time money steadier.
MENTIONED IN THIS ARTICLE
Montana
General Electric
Massachusetts Electric
American Telephone
New York
Askee
Adventure
Old Colony
Allouez
Old Domin
Arcadian
Osceola
Arnold
Parrot
Ash
Quincy
Atlantic No
Rhode Island
Santa-Fé
Best. & Mon
Santa Ysabel Butte & B
Shoe
Cal
Hec
Tamarad
Centennial
Utah Cons
Franklin
Washington
Humboldt
Winona
Isle Royale
Wolverine
Mohawk
Chicago Quotations on Rail and Manufacturing Stocks
Chicago market briefing shows Union Traction preferred dipping from 42 to 41.25 before closing at 42, common at 9.5 to 11. Metropolitan Elevated preferred at 83.75 and bonds at 97. Northwestern Elevated bonds traded 23,000 worth at 104.25. Several issues including American Tin Plate, Chicago Edison, National Biscuit, National Carbon, North Western, and others listed with bid and close figures.
MENTIONED IN THIS ARTICLE
Chicago
Union Traction
Metropolitan Elevated
Northwestern Elevated
American Tin Plate
Trac
Chicago Edison
Lake Street
Metropolitan L
National Biscuit Com
National Biscuit
National Carbon
Northwestern L
North Chicago Railway
South Side Liesseeeeere Gol
Sheet Steel
Shelby “Steel Tube Pt
West Chicago Railway
American T.inseed
American Strawboard
ORY
St Olone
Am. Agricultural Chem
Ene
Am. Agricult. Chem. Vt
American
Bicycle
American Bicycle
American Bridge of
American Bridge
Hide & Leather
Tia Am
Eeeweene
Arlington
British Columbia
British Exch
Stite Agia
California
Central & So, Am
Central Fireworks
Neene Uy Con
Rubber Tire
Continental Tobacco
My Crucible Steel
Eeee
Oly Crucible Steel
Cramps’ Shipyard
Dist. Co
Am. Tr
Flemington
Coal & Coke
Mining Stock Quotations Special to The New York Times
Mining stock quotations and bond figures appear with sales, open, high, low, and close values. The data includes St. Louis Southwestern and other listings with percentage indicators and a small bond figure of .05.
MENTIONED IN THIS ARTICLE
The
New York Times
Distilling of America leads market gains on strong demand
Outside Securities reports Distilling of America with strong activity and a 2 point gain in the preferred stock, closing 27% bid. Common stock rose less. brokers were principal buyers. Sheet Steel shows strength near 73 ex dividend 1%. Union Copper active at 5144, 3,000 shares traded. Bank stocks advance with National City Bank to 56, National Bank of Commerce to 32.
MENTIONED IN THIS ARTICLE
America
Union Copper
British Columbia
National City Bank
National Bank of Commerce
New York Stock Exchange Ledger Shows Mixed U S Steel and RailNames
Trading floor notes list varied moves with U S Steel, Missouri Pacific, Southern Railway, Pacific entries, and assorted rusted symbols. Widespread price readings include 600 ay and 18 percent values alongside multiple preferreds and par figures, reflecting unsettled activity.
Directory of Directors in the City of New York likely to be issued
An item notes the forthcoming publication of the Directory of Directors in New York City. The idea, modeled after a London publication now in its twentieth year, has proven a useful reference within the city.
MENTIONED IN THIS ARTICLE
Audit Company
New York
Chicago
Silver Bullion and Mining Prices Reported
Silver bullion certificates closed at 64 65 on the Stock Exchange with a 5,000 ounce sale at 4 percent. London bar silver quoted at 291d per ounce and New York at 63 ½c. Mexican silver dollars offered at 50c. Consolidated Exchange trades included Argentum Juanita 300 shares at .27 and others: Brunswick 600 at 1.17, California and Virginia 200 at 1.55, Cripple Creek 2,000 at .183 .17, Golden Fleece 300 at .22, Kingston and Pembroke 200 at .25, Leadville 1,500 at .06 .07, Little Chief 200 at a 900, Mollie Gibson 200 at .25, Ophir 200 at .300, Phoenix 200 at .11, Syndicate 1,000 at .10.
MENTIONED IN THIS ARTICLE
Stock Exchange
London
New York
Consolidated Exchange
Argentum Juanita
Brunswick
California
Virginia
Criple Creek
Golden Freece
Kingston
Pembroke
Leadville
Little Chief
Mollie Gibson
Ophir
Phoenix
Syndicate
Imports of Dry Goods at Port of New York
The week’s imports of dry goods at the Port of New York valued at 2,018,364 dollars, up from 2,000,722 the prior week and 2,558,252 a year ago. The value of dry goods marketed stood at 2,042,758 dollars, vs 1,908,962 last week and 2,066,280 last year.
MENTIONED IN THIS ARTICLE
New York
Financial notices on bond subscriptions and bank statements
Financial announcements state that coupons will be paid on certain bonds and that subscription books for 1689 000 United New Jersey Railroad and Company first mortgage 3 percent are opened. Banks listed include Central National Bank New York American Stoker Garfield National Bank Hanover National Bank and others with statements to appear in today’s issue.
MENTIONED IN THIS ARTICLE
Columbus and
Hocking Coal
Te Rall
Buffalo and Niagara Fallsway & Co
United New Jersey Railroad and Company
St. Louis
Garfield
Mics
Hanover
New York
National Exp
National City
Park
Seaboard
Domesational
Liberty
Leather Manufacturers
Ants
Central
Broadway
Gallatin
Ameraxchange
Bank of New York
Also Mentioned on This Page
Trade Developments
C. Ts Pitts
Stes Bsf SB Dao Pt
ST. BB. Co
Sense
Lehigh
Lehigh Val
North. Penn
Penn. Steel
Phila. Trac
Union Trac
Co's.n. J
U. Gas Imp
Welsbach Lt
Money and Exchange
EU Tone Exchange
London Market
Svlnt Dyney
Pikar
Bank of England
Buenos Ayres
Madrid
Lisbon
Paris
Rio Tintos
Reutes
Berlin
Libiecu. Bd Exchange
Reichbank
Koch
Bost
Alb
Fost
Fitchburg
West End
Eng
U. S
Westinghouse
C. Pf
Erie Tel
Telui
Tan
San Francisco
Clong
Belcher
Best & Belcher
Caledonia
Eaveseres Ae
Cal & Wa
Limperial
Eneere
Crown Point
TEE Gould & Curry
Hale & Norcros S
Julia
Sciences Owen
Nevada
Utah
Telegraph
Colorado Springs
Gardner Co
Thursda
Ask
Alamo
Blue Bell
Ec Ce & M
Columbine Victor
Dante” Ee
Doctor Jackpot
iWlkton
el Paso
Findlay
Wicunt Rosa
Matoa
Mary Cashen
Moon Anchor
Ophir Han
Awe Entewe
Syve Pharmacist
Liv
Amal
Pia
Steel & W
Balt. & O. Pt Tr
Brook. Rap
Cos & Ohio
Oc, B. & Sae
M & St. Pek
T. Pf
Pacific Searce
Untral A
Norfolk & West
Pac Bee
Pac Mail People’s Gas
Rep. Iron & 8
Southern Pac
Southern Ry
Rypt
Tenn
Cc & I
Union Pac
T . S. Leather
S. Rubber
Wabash Pf
L. E
Outside Securities
Coun
Ze. Ro
Snake
Pé Street Railwy
E.R
N. J Beenetee Railroad
Sete
Ratnbus
Avenu
M. St
Grand Rapids St
Grand Rapids St. Ry
Jersey City
Hob
United Trac
Providence
Univec
Ais
Loy Bo
T. Mer
Igs Co. el
L .Ward
Wees
Arkeen Copper
T. Enam
England Transport. Y. Transportation
Evansy
Bess
Lake
Oyal Copper
Eeee Ubber Goods
Goo
Afety
Ouis Transit
Eaboard Air Line
Saboard Air Line
Aaboard Air Line
Heet Steel Pf
Atv
Southern Light & Trac
Iantorage Pouy
C of A
Iton Potteries
Inion Typewriter
L&c
I. & C. Bonds
Westinghouse Air Brake
Orthingte
Bay
Buffalo
N. Y
Central Union
Columbus
Newark
New
K Bas
Newne
Essex & Hudson Gas
Indianapolis Gas
N. One
Madison
Wis
Standard Gas
Standard
Western Gas
Seeteeee
Brooklyn Ferry
Aeee
Brooklyn Ferry It
East River Ferry
Hoboken Ferry
Hoboken Ferry Ist Es Chien
Metropolitan Ae Eee
Union Ferry
lAs
As & Reg
NEW York Stock Exchange
Heig
Wiens
Iron & Steel
G. I
Louis Southw
Sloss
I. Co
Yloss
Outhern Railway
Southern A. Pf
Techn. Coal & Iron
Fexads Pacific
Nin Bag & Paper Co
Inion B. & P. Co
Ion Pacific
Aroun & Steel
Outhern Pacific Standard R. & T
Exas Pac
Ton, Pacific
Wells-Fargo Xpress
Wheel. & L
Car & Found. Co
If. Co. Pe
American Cotton
American Xpress
American Ice Co
American Linseed Co
Am. Linseed Co
American Malting Co
Am Malting Co
Am Smelt. & Ref. Co
Am Steel Hoo Co
Am Steel & Wire
Pac
Colorado
Fu & Iron
Col. Uel & Iron
Sothern
Col
Southe
Col. & Hi
Consolidated Gas Con. Tobacco Co
Com Tobacco Co
Delaware & Hudson
Denver & R
D. M
Ft. Dodge
Eee- Erie
Evans
T. H
Federal Steel
Federal Steel Eereee
Ft. Worth
Glucose Sugar
Great Northern Pi
Green Bay & Western
Seeee Hocking Valle
Eeeaee International Paper Internat
Internat. Power Co
Inter
Teres Kanawha
Kansas City South
Keokuk
Eeeeens Kingston & Pembroke
Lake Erie & West
Lake Shore Ee
Low Island Seteween
Louisville & Nashville
Minn
Texas
Missouri Pacific
Tobile
Floral Bi
al le
al le i
Lili
Gas
Peese
Ul L. H
Ionev
Vw Pa
Chi & Alton
O Me Eee
M&o
Peewee
Eetee
East Tenn
Eliz
Ine
Oeia
Wath
Ft Worth
Rio
Ex & P
Scioto
Green Bay & West South
Tnt
Kane Ph
Oveness
Stan
Aston
Rex
Tolax
Val
Tes
Birm
Kansas
Aeuly
Cincinnati
New Orleans
Texas Pacific
Os. K
Aes Wate
Bk Dee
Saal le
City Puer Eer Belt
Soserig
Gross
Wsquehanna
Ayuyv
Scve
Eal
Elton
Louisville, Henderson & ST. Louis
Pf. Vl Tel
Ifie
Sahla
Soliet & Chi
Ae & A Pk
C & Kpa
Rei Nth
Wean Eee
Loui
Mex
Lah
Om. Wa
West Union
Wwe
Arch
Top
Balt
Evai
Buffal
Merchan Line
Nati
Tiona