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This newspaper page contains 26 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 22, 1900

Page

11

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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