London and New York stock markets show mixed holiday activity
The Times reports strong money demand and Bank of England loans with firm discounts. Stocks rose on openings but closed lower after arbitrage selling. Consols steady. American rails weak. Gold and silver markets subdued with dull bar activity. various securities listed with mixed closes and premiums quoted in several cities.
MENTIONED IN THIS ARTICLE
London Times
New York Times
London
the Times
Bank of England
Stock Exchange
Associated Press
Anaconda
Atchison
Balmore and Ohio
Canadian Pacific
Chesapeake and Ohio
Chicago
Erie
Kinois Central
Louisville and Nashville
Missouri, Kansas and Texas
New York Central
Norfolk and Western
Ontario and Western
Pennsylvania
Rand Mines
Reading
Southern Railway
Southern Pacific
Union Pacific
United States’ Steel
United States Steel
Wabash
Buenos Ayres
Madrid
Boston Stocks Edge Higher as Market Remains Firm
The Boston money market stays firm into year end with call loans 6 to 7 percent and time loans at 6 to 64 percent. Clearing House loans stand at 5 percent while New York funds trade 15 to 20 cents discount. Market activity is dull aside from small bids for Tah and United States Mining and light Sugar trading. complete local transactions are listed for Baltimore and bonds, with Seaboard and unre-fined issues noted.
MENTIONED IN THIS ARTICLE
New York, Times
Boston
Mercantile Paper
New York
United States
Atchison
Atchison Pf
Albury
Boston & Maine
Mass. Electric Pte
Pere Marquette Eeet
U .Pere Marquette
Union Pacific
Western
Ag. Chem
Pricu
Woolen Pf
Dominion Iron & Steel
Mergenthaler
Pullman Ead
Savannah Hicctric Pr
Eee Qi
United Fruit
United Shoe Mach
U. S. Steel
T S Steel
Biol
Allouez
Daly West Ship
Arellefederaun
Guanajuato
Mass
Montana
Montreal Fe
Shannon
Tamarach Ve
U S
Coal & Oil
Cease
Utah
Winona Ee
Fox- div
White Knob Copper plans stock split and debenture issue
Circulars go to White Knob Copper Company stockholders announcing a special meeting on January 6 to approve lowering par value from 100 to 10, issuing 500000 in 6 percent ten year sinking fund debentures, and using 500000 in stock to retire debentures. Proceeds will reimburse recent mine development and add working capital.
MENTIONED IN THIS ARTICLE
White Knob
White Knob Copper Company
Financial markets report shows mixed stock movements and rate notes
The article lists stock transactions with several names and gains, notes collateral loan rates at 3 and 6 months, and commercial paper yields. It highlights net stock changes with many securities advancing or declining and cites bond movements in various issuers.
Market Movement. Stocks slip on low ebb trading
The stock market fell to a subdued level with total volume around 25 000 shares as Brooklyn Rapid Transit and Reading led activity. Prices hovered within narrow limits until late trading when a firmer bid pushed some up, despite money market tightness with call rates near 10 percent and no urgent demand. The outlook suggests continuation of restraint into the new year.
MENTIONED IN THIS ARTICLE
Stock Exchange
Nest
Brooklyn
Rapid
Transit
Reading
Grain export surge masks dwindling imports and fading optimism
The grain export movement remains liberal and extensive while imports steadily decline. Hopeful reasons for optimism fade as each disappears, signaling a shifting balance in trade dynamics.
Brook lyn Rapid Transit stock soars on active day
The Brooklyn Rapid Transit issue leads gains with over four points rise on 70 000 shares traded. Rumors of mergers or external purchases swirl, but officials say earnings improve and no control change is expected.
MENTIONED IN THIS ARTICLE
Brooklyn
Pennsylvania Railroad
Interborrough Company
Metropolitan
Byer
Market Signals Show Near Absence of Speculative Pools
Conservative observers note a widespread abstention from speculative pools and esques in Street markets. They suggest bankers warned pools of credit curtailment if activity resumed, and recent costly lessons may make pools heed such cautions more now than before.
Street Forecasts Dividend Rise for Canadian Pacific Amid Stock Movements
The market reports ongoing advice from Canadian sources about a likely dividend increase for Canadian Pacific. Canadian-connected houses led yesterday’s purchases while St Paul stockholders influenced a notable stake. Reading stock remained in steady demand with suspected First National Bank involvement. Trading in Texas and Pacific cooled and Amalgamated showed persistent buying despite pessimism. Hints persist of a copper trade accord among major interests.
MENTIONED IN THIS ARTICLE
Canadian Pacific
St. Paw
First National Bank
Gould
Texas
Pacific
Amalgamated
Bankers urge caution as money market tightens
Bankers urged brokers to exercise caution amid a tighter money market. They noted higher rates despite little speculative demand and scarce funds, explaining the condition by subdued lending activity and cautious liquidity.
Trust Companies Face Yearend Cash Pressure and January Payouts
The text notes a ten million dollar syndicate payment due on Tuesday and banks rationing resources ahead of January disbursements. It also mentions trust companies seeking favorable yearend results influencing the situation.
Rock Island Rail dividend payments sent to stockholders
Several corporations anticipate dividends with Rock Island Railroad sending out checks to stockholders for the first of the year. The Rock Island's shares led late trading on the Exchange as the payments became due January 2.
MENTIONED IN THIS ARTICLE
Rock Island Railrad
London and New York Markets Grow Quiet Over Holiday Season
Private trading in Street and arbitrage houses noted a dull London market matching the American scene. Christmas celebrations curbed activity with London totals under 5,000 shares, evenly split between buys and sales. Cables show Londoners reluctant to extend commitments over the holiday.
MENTIONED IN THIS ARTICLE
London
United States Shipbuilding files NYSE listing earnings
The United States Shipbuilding Company reported for the quarter ended November 30 1902. Net earnings for the company and its subsidiaries including Bethlehem Steel were 74158 with accrued interest and sinking fund payments totaling 1163022 plus 5905 in other items. Surplus equals a defined percentage on preferred and common stock after charges.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
United States Shipbuilding Company
Bethlehem Steel Companys
de Dede
United States Shipbuilding
Sumilus
Noineceniae
Bethlehem Steel Company
Iron and Metal Trades Market Summary for 1905
The Iron Age notes mixed signals in iron and steel markets. Prices for lake ores face pressure from outside interests, while the Steel Corporation maintains lower price policy amid fuel-led production restrictions. Foreign iron shows lower prices, with Middlesborough No. quoted at 10.75, and German and Belgian markets facing downturns. Domestic activity remains robust in Chicago and Pittsburg with malleable iron demand, Bessemer pig sales, and ship plate orders, as soft steel bars win large contracts. Montana copper talks reemerge but are not trusted.
MENTIONED IN THIS ARTICLE
Steel Corporation
Middlesborough No
Germany
Belgium
Gemany
Chicago
Pittsburg
Cleveland
New York
West
Montana
Auction catalog of securities from Adrian H. Muller & Son listing
The sale at the New York Real Estate salesroom on Broadway offered numerous securities and bonds. Items included Gallatin National Bank at $50, Pittsburgh Fort Wayne and Chicago Railway at $159, American Coal Company at $100, Michig at $100, Western Union $100, Sloss Iron and Steel bonds, Ohio Central mortgage bonds, King’s Bridge Road property mortgage, New York Society Library and other trust company shares, and various other corporate bonds and preferreds. The mix comprises 100 shares here and 4 shares there with prices largely in the hundreds per lot and several notes payable in 1908 and 1920 for mortgages and bonds.
MENTIONED IN THIS ARTICLE
Amer
Imer
de Lamar
Tainberger Milk
Antral Foundry
Ventral Foundry
Rubber Tirewaee
Rubber Tire
Pistillers Securities
Securities
Empire Steel
Gold Hill Copper
Eoceperrene
Hall Signal Oe
Havana Tobacco
Houston Oil
Interborough Rap
Inter. Mer
Mer. Marine Pf
National
New England
N.V
Q. Boh
Pprf
Otis Elevator Ee
Otis Elevator
Peoria
Dec. & Evans
Pitts
Lisbon
West
Rexval Baking P
Saboard Air Line
Air Line
simpson-Crawford
Pennessee
Trenton Potteries
Tubular Dispatch
United Cs
S. Ame
Ss Shipbuilding
S. Shipbuilding
S. Steel
New
W. i Tniversal: Tobacco 57 Iniversal Tobacco Pf
Virginia Iron, Coal & C Native Oy
Virginia S., & Sic
TM Western
Virginia & South & Southw
Broadway B. & W. E
Brooklyn
Jersey City
Orleans
New Orleans
Ninth Avenue
Son, North
Jersey Street
North Jersey St. Ry
Jouis Transit
Francisca
Adisco
R. R. Consols
Sixth Avenue R
Sixth Avenue R > & Ca. Ist 63.118 118 118 118 Steinway
Syracuse
Oath & 8Th
Union Ky
Nei
Rhys
Sst
Washington
Ry Electric Pf
Wash. Ry. & Flectric
Ry. & E Gas
a= & Traction
Lt. & Traction Pl
Mt Am
Eesees Eeeenee
Buffalo Gas
Buffalo Gass Ltd
Cent
Union Gas
Columbus
N. J
Consum. Gas
J. C
Denver Gas
Dfs
Denver Gas Aes Estae
Indianapolis Gas
New Amsterdam Gas Ss
E. R. Gas Co
Union
St. Joseph (Mu
Adrian H. Muller & Son
New York
Broadway
Gallatin National Bank
Daese
Michig
Morris and Essex
Central Railroad Company
American Cotton Oil
Western Union Telegraph Company
Telepany General
Sloss Iron and Steel Company
Ohio Central Railroad
Pond
Alfred Ericson
King’s Bridge Road
Borat
Bronx
New York City
York Register
American Press
Society Library
van Norden Trust Company
Holland Trust Company
Jekyl Island Cobh
Fifth
Avenue Trust Company
New York Law Institute
Lima Northern Railway Company
Colonial Trust Company
Toledo and Ohio Central Railroad
St. Mary's
Teffi- Weller Company
Wall Street Topics From Philadelphia Dispatches
Reports from Sharon, Penn dispatches note the Hall furnace of the Republic Iron & Steel Co. resumes after two months idle. Ohio Connecting Railway capital grows to 2 million dollars. Kansas City & Rock Island Railway capital hits 1 million. Union Match Co. formed in Duluth with 1 million. Philadelphia Stock Exchange lists 800 thousand in collateral trusts per cent bonds of American Railway Co. Mexican dispatches key on a likely purchase of three cigarette factories by a London Chicago syndicate. Consolidation plans unite several railways under the Howes name with capital of 1 950 000 pounds.
MENTIONED IN THIS ARTICLE
Sharon
Penn
Hall Furnace of the Republic
Iron & Steel Co
Philadelphia Stock Exchange
American Railway Co
Mexico City
London
Chicago
Money on call and time money rates in market report
Money on call at 6 percent closing at 6 percent with most loans at 9 percent. Time money 6 percent for sixty to ninety days and 54 percent for four five and six months. Mercantile paper rates 7 per cent for sixty to ninety days indorsed bills receivable 6 percent for four to six months single names and 6 percent for others. Clearing House Statement exchanges.
MENTIONED IN THIS ARTICLE
Mercantile
Clearing House
Financial Markets and Exchange Rates Reported for London and U S
The report shows balances including £260,372,796 and $13,899,973 in Sub-Treasury debit, with London money on call at 4 percent. Open market discount also 4 percent for short and three months bills. Foreign exchange is strong with posted rates around 4.50 to 4.87 for various terms and currencies. Cables and commercial bills show varied quotes, while New York exchange centers list par and discounts for several cities and sight or telegraphic rates.
MENTIONED IN THIS ARTICLE
Sub- Treasury
London
New York
Chicago
Boston
New Orleans
Charleston
T&t
Savannah
San Francisco
Telegraphic
Market notes from Paris and Berlin on December 24
Paris opened hesitatingly but firmed toward close led by foreigns. Rentes and Brazilians were in demand while Rio Tinto receded then recovered. Private discount stood at 2 15 16 percent. London exchange at 25 francs 14 1 2 centimes. Berlin showed hesitant trading on Boerse with iron shares up and Canadian Pacifics down. London exchange at 20 marks 43 1 2 pfennigs. Short bills 2 1 2 percent, three months 3 1 4 percent.
MENTIONED IN THIS ARTICLE
Paris
New York
London
Berlin
Philadelphia Prices Hold Steady Amid Bank Loan News
Local trading stalled except for Consolidated Jake Superior, Readings, and related issues. Jake Superior common up 15 to 4% with preferred at 35% after announcing a $300,000 loan from Speyer & Company. readings and other listed securities showed varied activity as markets closed with merriment.
MENTIONED IN THIS ARTICLE
New York Times
Philadelphia
Jake Superior
Pennsylvania
Speyer & Company
American Railways
Cambria Steel
Lake Superior
Con
Soc. Co. of Am
Fourth St. Nat. Bank
Lehigh Valley R. R
Lehigh Navigation
Pennsylvania FR. R
United Gas
Ally Union Traction
United States Steel
Warwick Steel
Treasury daily statements detail receipts and redemptions
The United States Treasury reports today that national bank notes received for redemption total $471,403. Government receipts include internal revenue $403,955, customs $1,434,333, and miscellaneous $66,840. Expenditures amount to $1,515,000.
MENTIONED IN THIS ARTICLE
United States Treasury
Washington
Internal Revenue
New York Incorporations Include Hull Camp and Washburne Firms
A list of recently incorporated New York firms with capitals ranging from 5 000 to 2 250 000 dollars. Hull Camp Company intends to manufacture hot water fitters supplies. Other new establishments include Washburne Supply, Paper Company at Rock City Falls, and Nyack Machine Works. Directors named for each entity.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Hull Camp Company
New York
George I. Hull, Jr
Hackensack
C. N. Camp
G.W. Gamble
Brook
Washburne Supply Company
Pleasantville
A. L. Washburne
C. H. Washburne
E. N. Garnsey
Ccapital
M. M. Marcus
Mildred Freeley
E A. Levy
MacCabaen Publishing Company
Capital
Richard Gottheil
I. D. Morrison
Louis Lepsky
George la Monte & Son
George la Monte
G. M. la Monte
Bound Brook
N. J
W. G. Phillips
Nyack Machine Works
Nyack
J. G. Dunbar
W. H. Canfield
D. B. Hutchinson
Butchers’ Mercantile Agency
H. N. Hansen
Hans Hansen
L. A. Fuller
Brooklyn
Treman, King & Co
Ithaca
R. P. Treman
C. E. Treman
M. T. Banks
Unison Publishing Company
T. F. Woodlock
F. A. Murray
W. C. Connell
New Jersey Incorporations List Includes Several Firms
The document lists multiple company incorporations in New Jersey with capital stock figures and named incorporators. Included are Varley Fruit Company, Travelers Identification Company, Baldwin Lumber Company, International Rubber Company, New York and Ohio Oil Company, and The North Adams Marble and Milling Company, with respective capital stocks and incorporator details.
MENTIONED IN THIS ARTICLE
New Jersey
Varley Fruit
Isabel Baldwin
Hackensack
N. J
International Rubber Company
Capital
L. W. Snyder
Samuel M. Roberts
Herbert C. Westbrook
Camden
New York and Ohio Oil Company
Capital Stock
C. Frederick Smith
Charles A. Greene
Frank R. Serles
The
North Adams Marble and Milling Company
Gerald A. Garvin
Bond Trading Data From New York Stock Exchange Ledger
Complete bond transactions listed with numerous issues including Pac Trust 5s, HRL, K & T Ist 4s, and Pac Ist 4s. Entries show sale amounts, yields around 105 to 120,000, and totals near 1.95 million across multiple corporate and government securities.
MENTIONED IN THIS ARTICLE
Senuhat Seay PT
Ee Ness
Pac Trust
Igor
Eeeas
Lim
St Lé& W
MRM
Cdl
Ats Awe
Tion Pacific
Bid and Asked Quotations for Government and Stocks
A dense list of bid and asked quotations across government securities and stocks. Entries include government bonds with yields from 9 percent to 10 percent, along with numerous corporate issues such as Am. Express, Allis-Chalmers, Inter-Union, and Nat. Bis. with varied pf and os pricing. The page also notes market standings and closing quota details for several exchanges and bond types.
MENTIONED IN THIS ARTICLE
S. ES
Pels
W. S
R. R
Mexico
Man
Es Dock Co
D. C
Market Quotes in Bullion and Mining Trade
London bars at 224d, New York at 48 gc per ounce. Mexican dollars at S8a 5N%c. On the Consolidated Exchange, Alice 300 shares at .25, 2,000 Comstock at .1, 15,000 Comstock bonds at 35, 400 Consolidated California & Virginia at 1.30, 200Mexican at .75, 100 Ophir at 1.30, and ocd Pharmacist at .05.
MENTIONED IN THIS ARTICLE
New York Times
San Francisco
Andes
Belcher
Eevncesas
Best & Belcher
Caledonia
Cholar
Renee
Cal & Vaee
Imperial
Crown Point
Enere
Gould & Curry
Hale& Norcross
Julia Actrees
Kentucky
Bern
Savage
Sierra Nevada
Aees Ut Syndicate
St. Louis
US Union
Utah
Gardner Colorado Springs
Col., & Co
Acacia
American Consolidated
Consolidated
Coriolanus
Dante
Doctor Jackpot
Elkton
Geeee See
el Paso
Fanny Rawlings
Ae O . Steweene
Io Lexington Aenee
Little Puck Org
Bessie
Mollie Fibson
Mary Cashben
Moon
New Haven
Eneeee Pharmacist
Pinnacle Teenee
Sirens
Liv
Portland
Rose Maud
Rose Nicol
London
New York
Consolidated Exchange
Alice
Comstock
Consolidated California & Virginia
Ophir
Ocd
Blumenthal Named Partner at Zimmermann and Forshay
Simon P. Blumenthal will join as partner in the Zimmermann and Forshay firm on January 1 after seven years in the specie and foreign money department, of which he currently heads. He becomes the fifth partner from the employer ranks and is 23 years old, brother of Maurice B. Blumenthal, former Assistant District Attorney.
MENTIONED IN THIS ARTICLE
Simon PB. Blumenthal
Zimmermann & Forshay
Blumenthal
Zimmermann
Mr. Blumenthal
Maurice B. Blumenthal
Also Mentioned on This Page
NEW/ YORK STOCK EXCHANGE
London Market
Boston Stock Market
Baltimore
Rys
Ala. C. & I. Com
Com
G. B
Outside Securities
American Tobacco Daoud
Bay State Gas
Brooklyn City R. R
Daly-West
Empire Steeler
Greene Con
Hackensack Meadows
Int
Mercan. Marine
Init
Mercan
Manhattan Transit Eee
Mont. & Bos
National Enameling
N. Am. Lumber & Pulp
Northern Securities
New Orleans Ry
Riefens
sStandard Oil
Union Typewriter Settee
Union Typewriter 2d
Universal Tobacco
tSeller
Bufalo Gas
N. Y
Eeueee
St. Paul Gas Se
Ali
Syracuse Gas
Syracuse Light
Syracuse Light Pf
Brooklyn Ferry
East River Ferry
Hoboken Ferry
N. & Hoboken
Union Ferry
Eens
New York Exchange
Chicago T. & T
Evetadbent
North
Chicago St. Ry
National Biscuit
National Carbon
Street
Swift We CO
Cs Cadavenese Ce
Ciesing
Tohh
Goa
Copper Co Co
Bicycle Co
Car & F. Co A
Car & F. C Co
Am Ice
Am Fee Co
Am Locomo. Co
S. & R. Cois
Aye, Gor
Steel Foundries
Sug
Ref
Co. Pf
M. Co
S. F. Pf
Baltimore & Ohio
Gale Bays
Canada
Southern Steer
Chesapeake & Ohio
Chicago & Alton
Chicago Great West
Vale
Chi. T. West
Chi
Mil. & St. P
Chicago & Northw
Chicago Union Trac
Cleve., Lor
Wheel
Colorado Fuel & Iron
Colorado Southern Ser
Southern
Col
Consolidated Gas
Con. Tobacco Co
Uae
Iscat
Delaware & Hudson
Denver & Ee
Denver & R
Detroit
Distillers’ Securities
S. Coe
Erie Ib
Ohana Ee
Evans & T
Ft. Worth & D.C
General Electric
Great Northern
Hockin ‘Valley
Illinois Central
Iowa Central
Kanawha
Michigan
Kansas
Manhattan Beach
Manhattan
Istin
Minn
St. P
Kan
Missouri Pacific
N . Ont
Wear
Norfolk. & Western
North American
Pacific Mailee
R.aa
S. Gas
Pressed Steel
Steel Spring
Saas
Rep
Tron & Steel
Iron & Steel
Rock Island
Rub
Mg. Co
Eaee
Rutland
St. L & San
Southern Ry
Jennessee Coal & Iron
Sxas & Pacific
St. L. & West
St.l
City R. T
Ted Rvs
Ted Rys
S&s
Steel
S. Realty
Realty & Con
P 'Ee
Caro. Chemical
Stern Union Tel
Dash Pl
Eel
L. E
Ant
Reik
the Financial Markets
Stock Transactions
Rond Transactions
J Louis &Nash
Manhattan S.e
BRL S SD Eess
Rock, Island
Benth Pacific
South. Railway
Den
Rio Gr
Central Pf
Hoek
Valles Pt
Winds
Central
Iowa Central Pf
Hudson
Pacific Mail
Ik Rep. Steel Pl
Canada South
Rutland Pf
Pee A
M Lee Ork
Kings Grg
Tex
Os Sk
N.Y
West Shire Ts. Res
Brooklyn Rapid Transit
Iron and Metal Trades
Pitsburg, Fort. Winsne
Chicago Railway Company
American Coal Company
Brooklyn Warehouse and Storage Company
International Banking Corporation
Park Row
Wall Street
Ohio Connecting Railway
Kansas City & Rock Island Railway
Kansas City
Missouri
Union’ Match Company
Duluth
Fonda, Johnstown & Gloversville Railroad Co
Seagdeeria Railroad Co
Deyadutta Electric Railroad Co
Hows. Johnstown &Gloversville Railroad Co
Money and Exchange
Rode & Horn
S. J. Rode
A. E. Horn
M. F. Rode
Springfield Coal Mining Company
Samuel B. Lawrence
John B. Summerfield
Henry C. Everdell
Josiah D. Evans
Theo
Louis
Manhatton
Ann Arbor
Rte&s
2D Inc
É &O
RTE
M &M
Va & Ga
W & DC
Wis
D.C
Vin
AK _L. Co
W. Co
Arbor
A.M
BRB &O. Piss B
Mor
Cc. S. Ist
H.C. & Iron
Com. Cable
Onso
Coal
Ee Rt
Wew
T. H
E. Sp
Ullman
Nieksilver
Rens, & Sar
Wl & O
iSo. Ry
Stinghouse
Bullion and Mining