Financial Markets Preview Signals Gains in Weeks Ahead
The average bank statement is not yet strong but shows a reduced loan level and a cash drop offset by expected gains. Intermittent large inflows from interior sources, pension payments, and government disbursements suggest a strengthening local banking position. Banks remain robust and an uptick in stock market activity is anticipated after year end, with focus on restrained speculation until January. Syndicate actions and January disbursements may push rates and prices, while imports and exports in Germany show notable shifts in 1902.
MENTIONED IN THIS ARTICLE
Siegen
Lloyd Lines
Hamburg
International Association of Sugar Statistics
Germany
United States
Bicycle Trust Plan Reorganization Approved in New York
The American Bicycle Company Reorganization Committee led by William A. Reed adopts a plan to form a new company to acquire old properties. It issues 2.5 million dollars in 6 percent preferred stock for cash, 10 million dollars in noncumulative 6 percent preferred stock, and 10 million dollars in common stock with a five year voting trust. Debenture holders receive par in second preferred stock. Assessments of nine dollars per share apply to common and preferred holders with specified exchanges. A syndicate underwrites the cash.
MENTIONED IN THIS ARTICLE
American Bicycle Company
William A. Reed
Frederic P. Olcott
George F. Crane
Colgate Hoyt
F. S. Smithers
Central Trust Company of New York
Ss Reorganization Committee
Central Trust Company OF
New York
Wall Street
Nassau St
New York City
German Money and Trade in Berlin This Week
In Berlin the Boerse held firm amid light trading and a steady market. The New York money market relief boosted confidence, with European financiers reportedly backing loans. Foreign exchange drifted downward while domestic loans stayed firm and industrial shares rose, led by textiles and chemicals. some iron and coal issues fell as weather reduced coke shipments.
MENTIONED IN THIS ARTICLE
Berlin
Boerse
New York
Vossische Zeitung
London Stock Exchange ends week buoyant on American strength
The London market closed firmer as American securities led gains amid eased money stringency abroad. Optimism on Wall Street judgments and hopes of no further gold shipments this month bolstered sentiment. South American and Canadian rails rose, while Kafirs gained on South Africa prospects. Expectations of steadier English rates and January money inflows boosted buoyancy.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Wall Street
New York
Buenos Ayres
Argentine
South Africa
Bank of England
Cloth market quiet but steady with steady demand
In Manchester on December 21 the cloth market last week remained quiet and steady after lengthy negotiations. Indian inquiries were numerous and rising, China orders showed improving sentiment aided by exchange recovery. Moderate trade continued through miscellaneous, South American, and Levant channels. Yarns were moderate and buyers held slight edge, yet producers remained firm overall.
MENTIONED IN THIS ARTICLE
Manchester
India
China
Arrival of Buyers. Historic dry goods firms descend on hotels
A long list of buyers and representative firms from Chicago to Boston, including Grossman Edward B. Co, McKelvey G. M. Co, Mann & Waldman, Bloch & Co, Gage Brothers & Co, Meng & Shaefer, Baird & Son, Havens & Geddes, Carson Pirie Scott, Vanzwell and Waters, Meyers Julius Sons, Holt & Co, Porteous & Mitchell, Smith & Murray, Lederer Brothers, Clement J V Company, Hollender L P Co, and more, show up in conference at prominent hotels like Hotel Imperial, Victoria, Grand, Navarre, Marlborough, and Cadillac as part of a spectacle of clothiers and milliners visiting the city.
MENTIONED IN THIS ARTICLE
Grossman
Edward B., & Co
Chicago
E. B
West Third Street
Imperial
McKelvey
G. M
the, & Co
Youngstown
Ohio
G. M. McKelvey
J. F. Barr
Broadway
Mann & Waldman
Albany
Louisville
W. J. Baird
Marlborough
Havens & Geddes Company
Indianapolis
Ind
Ja. Havens
Church Street
Broadway Central
Carson
Pirie
Scott & Co
Ill
Babcock
Worth Street
Navarre
Vanzwell
Smith & Murray
Springfield
Mass
A. Leith
White Street
Lederer Brothers & Co
J. M. Lederer
Cadillac
Clement
J. V., Company
Toledo
J. V. Clement
Hollender, L. P., & Co
Boston
Mme. Marguerite
Miss L. Ryan
Fifth Avenue
Holland House
Notable hotel guests listed across major cities
The note lists guests at several hotels including Waldorf Astoria in New York Edward F. Goltra and T. S. McIntosh, Holland in London Charles T. Fox and John O. Black, and other officials such as General Newport in Manhattan, Senator Aldrich in Fifth Avenue, and diplomatic figures from Washington, Boston, Detroit, and beyond.
MENTIONED IN THIS ARTICLE
Waldorf-Astoria
Edward F. Goltra
St. Louis
T. S. McIntosh
Milwaukee
D. B. Henderson
Washington
Holland
Charles T. Fox
London
John O. Black
Chicago
Richard Pearce
Denver
Manhattan
Gen. R. M. Newport
St. Paul
W. H. Brewer
Great Barrington
Mass
Murray Hill
Nicol Kingsmill
Toronto
R. H.l'hommedieu
Detroit
Grenoble
Jay S. Stone
New Britain
Earlington
E. P. Mertz
E. D. Hayden
Boston
Treasury Balances in Divisions of Issue and Redemption
Treasury cash balances shown for reserve fund and related divisions, listing multiple figures in dollars and cents. Figures include large totals and smaller line items, reflecting the cash in the treasury and reserve allocations.
MENTIONED IN THIS ARTICLE
Reserve Fund
Also Mentioned on This Page
the Financial Markets
Bicycle Trust Plan
THE
London Exchange
Treasury Balances
United States Treasury
Bevnleeetn Literat
Ively Pavcusey
Treasury
General Fund
U. S
National
Customs
Internal Revenue Miscellaneous
Internal Revenue
Eees
National Bank Fund
U.S
Easury
Banks and Trust Companies
Hanover National Bank Capital
Irving National Bank
Greenwich
Warren Streets
Bankers and Brokers
Redmond, Kerr & Co
Wall ST
LA Salle
Letters OF Credit
New York Stock Exchange
American Express Company
Cable & Telegraphic
Travelers
Kountze
New Amsterdam
Fias CO
N. W. Halseyv&co
Bankers
E.c.potter&co
N. Y
Rochester
New York Stock Exchange and Produce Exchange
Brown Brothers & CO
Metropolitan Trust Company
City of New York
Brayton Ives
Beverly Chew
Bertram Cruger
T Heber R. Bish
William L
Bill Albert
Case
Haley Fiske
Robert Hoo
Brayton Ives Morris K. Jesu
Edward B. Judge
Bradley Martin Dp. O Mille
Tees
Ene O & Scott
Parsons Olin
Henry C. Perkins
Lorton FB
Plant Forman B. Ream
Edward Simmons
John T
Astry Warren
International Goodyear Shoe Machinery Company
Lincoln Street
Hanover National Bank
United Shoe Machinery Company
George W. Brown
Canton Company
Baltimore
N. E
Toone and
Second Streets
Canton
Baltimore County
W., B. Brooks, Jr
Chemical National Bank of New York
Borough of
Francis Halpin
Bank of New York
National Banking Association
Banking House
Greenwich Street
Benj. F. Warner
Merchants’ National Bank OF the
B. T. Keyser
William Logan
National Broadway Bank of
J. Daye
New York National Exchange Bank
Col. West Broadway
Chambers St
Rollin P. Grant
Equitable National Bank
James S. O’neale
Phoenix Core Company
Warren St
George Alexander
Sec
Treas
Detwiller & Street Fireworks Miz. Co
Fulton St
W. A. Turner
North River Savings Bank
West 34Th Street
Eighth Avenue
Board of Trustees
Samuel BD. Styles
Alexander C. Milne
Irving M. Shaw
Cuba
Isaac Kubie Company
Maiden Lene
America
the Trustc
Ashbel P. Fitch
WM. H. Leapp
WM. Barbour
Wina_Dracidant
R. J. Chatry
A. L. Bani
Vaucnassco H. S. Manning
Nashville, Chattanooga
Bank of Spain
Madrid
Havana
Mexico City
Bueno
Asea
Western National Bank
Nassau Street
Charles L. Robinson
City of
National Bank of the United States
Board of Directors
Empire City Fire Insurance Company
William Street
John M. Burke
Charles H. Kerner
Henry C. Mortimer
John W. Condit
Lindley Murray, Jr
Charles H. Lowerre
Ernest
David J. Burtis
J. Eugene Robert
George M. Miller
Ambrose S. Murray, Jr
Aremah M.burtis
Thomas B. Peck
Seeeevee A. Bifelow
Trust Company of the Republic
Thomas C. Clarke
Washington Bank
3D Av
Bronx
A. M. Charles F., Minor
Knickerbocker Trust Company
Fred’k Gore King
Acme Bedding Company
West 19Th Street
Robert C. Odell
National Citizens Bank of the City of
Henry Dimse
American Coal Company
Allegany County
Maryland
Geo. M. Bowlby
Chicago, Rock Island and Pacific Railway Company
Chicago, Rock Island and Pacific Railroad Company
First National Bank
George T. Boggs
Trust Company of America
Raymond J. Chatry
Real Estate Trust Co
Henry W. Reighley
Choctaw, Oklahoma & Gulf Railroad Co
Choctaw, Oklahoma and Gulf Railroad
Choctaw and
Memphis
Little Rock Bridge
First National Bank OF
Girard Trust Company of
Philadelphia
F. E. Hayne
Empire Steel and Iron. Company
Catasauqua
Penna
J./M. FITZGERALD
American Locomotive Company
Broad Street
Leigh Best
Copartnership Notices
Hess Brothers & Coo
Henry Hess
Hess Brothers & Co
Jonas Hess
NEW JERSEY TITLE GUARANTEE & _ TRUST Co
Montgomery St
Jersey St
N. J. Capital
New Jersey
Des Moines & Fort Dodge Railroad Co
Des Moines and Fort Dodge Railroad Co
German Exchange Bank
Bowery
Chas. L, Adrian
Fourth National Bank of the City of
Charles H. Patterson
United States Mortgage& Trust Co
Cedar Street
Clark Williams
National Broadway Bank
Miani
Chas. J. Day
Seaboard “National Bank of the
Mechanics’ & Traders’ Bank
Board of
A. M Dederer
Bank of America
W. M. Bennet
Manexrs National Bank of
the Audit Company of
F. C. Richardson
Ncksonville Terminal Co
Guaranty Trust Company of New York
W. M. Davidson
Cal
Chicago Pneumatic Tool Company
National City Bank of New York
E. B. Wenger
Consolidated Exchange Houses
Fred. H. Smith
R. R
Cortlandt
Milliken & CO
Goadway Broui
Care
Joseph Cowan & CO
Consolidated Stock Exchange
B’way
34Th ST
East 59Th St
Madison Ave
William A. Read
Frederick S. Hurst
Henry C. Havemey
Anson R. Flower
Lowell M. Palmer
John E. Borne
Richard Delafield
Colonial Trust Company
John F. Byrne
Br Breer Cord Meyer
James W. Tappin
D S Grossmann
Edmund EL. Judson
Sohhilip
Daniel O’day
Cord Meyer
L. C. Dessar
Percival Kuhne
Perry Belmont
Geo. Warren Smith
Frank Curtiss
Wm. T. Wardwell
John S. Dickerson
Vernon H. Brown
Henry N. Whitney
James
Savings Bank
Long Island Loan and Trust Co
Temple Bar
Brooklyn
Morton Trust Company
H.-M. Francis
Municipal Civil Service Commission
Elm St
Pigos
Commission
S. William Briscoe
Board of Revision of Assessments
23Rd Ward
Boone Street
Farms Road
Freeman
24Th Ward
Walton Avenue
Belmont
Rockwood Streets
Rockwood Street
Board of Assessors
Bureau
Twenty-second Ward
Eleventh Avenue
Fortieth
Forty-second Street
Forty-first Street
Eoward M. Grout
City Hall
Houston Street
Crosby Street
Varick Street
Laight Street
Beach Street
West Seventy-second Street
Twenty
Jacob A. Cantor
Battery Place
Prarararalp Alll Lllp
LILIA
City Trust Company
Eugene A. Philbin
W. H
Cox