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This newspaper page contains 8 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, 1902

Page

9

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.

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.

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.

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.

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.

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.

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.

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.

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
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