Bond Market Mixed as Investors Seek Caution in 1920s
Wall Street reports uneven bond activity with strong gains in New York city bonds and top grade railroad issues, while second tier bonds remain hard to sell. Commercial paper improves as investors await further monetary signals and city bond issuance potential looms.
MENTIONED IN THIS ARTICLE
New York Dey Ponds
Carnegie Trust Stock Sale At Auction Rooms
Interest rose in a weekly offering of Carnegie Trust Company stock at the Exchange Auction Rooms in Vesey Street. About 1,000 shares were offered. 850 were withdrawn and 150 shares in three lots sold from $150 to $161 per share, near last price. Charles Dickinson said none of the stock came from controlling interests. The 430 share block had been posted as collateral by a bank liquidating loans to cover Clearing House balances and was split and withdrawn before the sale.
MENTIONED IN THIS ARTICLE
Exchange
Vesey Street
Carnegie Trust Company
Charles €. Dickinson
Reading Earnings Show Jump in Net for December
The Reading Company and its two subsidiaries report a December net earnings increase of 22606 and a surplus rise of 20074 after fixed charges and taxes. For the six months, surplus totals 620083, up 1742126 from 1906. Pittsburgh merchants prepare for Gary dinner to discuss iron and steel price trends.
MENTIONED IN THIS ARTICLE
Reading Company
Philadelphia & Reading Railroad Company
Philadelphia & Reading Coal and Tron Company
Great Western Plan Meets Opposition
Protective Committee for Chicago Great Western debentures formed to direct reorganization after default and receivership. The group aims to avoid new assessments on debentures while opposing forced fresh capital from holders of preferred, common, and other securities.
MENTIONED IN THIS ARTICLE
Chicago Great Western
William A. Read
George P. Butler
E. M. Bulkley
Frederick H. Ecker
Metropolitan Life Insurance Company
Read
William A. Read & Co
Mr. Bulkley
Spencer Tr
London Finance Committees
Stickney
London Finance Committee
Bankers Trust Company
New York
N. Y
First Trust and Savings Bank
Chicago, Ill
First National Bank of Pittsburgh
Pittsburgh
Penn
National Shawmut Bank
Boston
Mass
Market Quotations Show Wide Bond and Stock Levels
Closing quotations for Government bonds and stocks with no transactions appear for numerous issues including 2s 1930 1087 10414 H.E.R. pf. 65 95 153. 1930 103% 1041g. Homestake 70 72. Panama 28 103. Am. Can 100 150. Lake Shore 2 on. Am. Loc. pf 90 91. Am. Snuff 150 200. Pac. Mail 26% 27%. Chicago & Alton 12 14. Pullman Car 160. U.S. Leath. 31 2. U.S. Exp. 80 90. Westinghouse 93 105. and many others listed with bid and asked figures reflecting inactivity and market dispersion.
MENTIONED IN THIS ARTICLE
H. E.R. Pf
Hock. V.r
Ss. R
Ing.-R. Pf
M. M
Panama
Power
Philip
St. P
Adams
Gom. Ae
Allis-Chalm
Kan. C. Bo
Allis-Ch. Pf
Kan. C. So. Ee
Pleate
As &D.M
Am. C. Pf
D. M
ASC. F
Lake Shore
G. T
St. Py
AOSF
Wat
Athy BT
Am. W. Co
Ann Arbour
Ann A. Pf
M. 2d
BR & O. Pf
N.cent. C
Beth, Steel
Beth. S. Pf
St. N. Astmo An. GC
Bruns
City
N. Y. D.co
N.Y
Go. B
K Co
Canada
P. C
Pac
St i. Sae
IPSG
Pullman
Reus & S
St. P & Om
Cenaras
S.-W
S.-S.-S. &T. Texas Cent
Criste
Tex. C. Pf
T. Rive
Geri EE
IV. Cc. M. Pt
Iron
U.S
P. R
U. S
D. C.co
S. R.& Pet
Bet “Ul
Bas. S
Seren
Pano Ts Cay
Vand
R. R
D. Ss. Ss. & Pe -Car
Ch. Ee
Vulcan
Wabash
W.F
R.m. Sl West
Gen. C. Co
Westingh
Wn. Ch. Co
Pfossi
Phi Ee
Wis
Cent
New Jersey Companies Chartered In Trenton
In Trenton on January 29 the following New Jersey firms were chartered with stated capital and named incorporators. Hi G Mulock Company Atlantic City 25000 Herman G Mulock J Everett Mehrer Mary Mehrer J L Dorsch Co Camden 5000 F R Hensell George B Martin John A MacPeak optical instruments J M Sweet Company Atlantic City 125000 Joseph M Sweet Florence B Sweet Theodore N Schimpf real estate J O B Van Camp Company Point Pleasant Beach 50000 Oliver B Van Camp Isadore Van Camp J E Van Camp groceries West Jersey Horse Show Camden 50000 W F Reeve E Ty Gitland Alfred J Bennett horse shows Burke Brothers Company Jersey City 25000 John J Burke Benjamin Treacy J J Treacy livery stable
MENTIONED IN THIS ARTICLE
Trenton An
Hi. G. Mulock Company
Atlantic City
Capital
Herman G. Mulock
J. Everett Mehrer
Mary Mehrer
J. L. Dorsch & Co
Camden
F. R. Hensell
George B Martin
John A. MacPeak
J. M. Sweet Company
N. J
Joseph M. Sweet
Florence B. Sweet
Theodore N. Schimpf
J . Eo. B. van Camp Company
Point Pleasant Beach
Oliver B. van Camp
Isadore van Camp
J. E. van Camp
West Jersey
W. F. Reeve
E. Ty. Gitland
Alfred J. Bennett
J. J. Treacy
Foreign Market Report Shows Cautious Uptick Across Sectors
London markets closed firmer with steady discounts and buoyant consols as investors priced in possible Bank of England rate cuts. Copper and Mexican rails gained, foreign bonds rose on Paris buying, and American securities held firm. Bar silver remained quiet while Paris and Berlin bourses showed general firmness amid mixed regional weakness.
MENTIONED IN THIS ARTICLE
London
Stock Exchange
Bank of England
Paris
New York
Foreign public securities quotations from European states
Yesterday's prices cover German Consol 3 percent and several state and municipal issues. Entries include Bavarian Hessian Saxony Hamburg Cologne Munich Augsburg Frankfort on the Main and other cities along with Mexican Russian French and British government securities. Notable figures show ranges around 82 to 101 with varied bid and asked levels.
MENTIONED IN THIS ARTICLE
Consol
Emlesveereses
Saxony
Hamburg
City of Cologne
Munich
Sirid B
Augsburg
City of Frankfort
City Sets Bond Sale Window Next Month
Controller Metz called the report of a mid February bond sale a good guess. He offered no details but said the sale would likely occur toward the end of February or early March.
MENTIONED IN THIS ARTICLE
Metz
Various 1908 Stockholder Meetings and Corporate Notices
Notices of annual meetings and corporate actions from multiple firms including American Institute, United States Leather Company, Nathaniel Wise Company, Woodhaven Water Supply Co, and Lalance & Grosjean Mfg Co. Items announce meeting dates February 1908, stock book closures, officer appointments, and dissolution of Myer Livingston firm with James D. Fleming as secretary. Also ad notes for first mortgage investment opportunities in Manhattan.
MENTIONED IN THIS ARTICLE
United States Leather , Company
Los ES
Foot East 79Th St
Chas. G. Wise
NEW York Produce Exchange Bank
Broadway
Beaver Street
New York
Thomas B. Nichols
John R. Wood
Central Leather Company
Fred E. Knapp
Ps Bn Eee
Woodhaven Water Supply Co
Cliff Street
New
James D. Fleming
Lalance & Grosjean Mfg. Co
Clif Street
New York City
Notable Banks and Addresses in London Paris Ledger
Ledger mentions 18 Bishopsgate Street London and 78 Rue de Richelieu Paris with references to Letters of Credit Bills of Exchange and Cable Transfers indicating international financial transactions and routing details. The short note ties these addresses to currency and document handling services in a historic financial context.
MENTIONED IN THIS ARTICLE
London
Paris
Bishopsgate St
Rue de Richelien
Bond Drawings Cancel Interest After Publication Notice
The Houston & Texas Central Railroad Company announces that bonds bearing distinguishing numbers will be paid at 110 percent with accrued interest upon presentation with unmatured coupons at 120 roadway New York City. Bonds drawn will stop bearing interest after sixty days from February 24 1908. President R S Lovett signs.
MENTIONED IN THIS ARTICLE
Atchison Topeka Oat Sant Railway
Atchison, Topeka and Santa Fe Railway Company
Nassau Street
New York City
H.W. Gardiner
New York
H. W. Gardiner
Herring-Hall-Marvin Safe Company
Broadway
U. Carpenter
Houston & Texas Central Railroad Company
Frederic P. Olcott
Farmers’ Loan & Trust Company of
Southern Pacific Company
Roadway
Houston & Texas Central Railroad Co
Kirby Lumber Co
United States Mortgage & Trust Company
Kirby Lumber Company
Maryland Trust Company
United States Mortgage &Trust Company
Cedar Street
Geohge
Ww. Young
Messrs
Brown Bros. & Co
4Th and
Chestnut Streets
Philadelphia
Penn
State Street
Boston
Mass
Messrs. Brown, Shipley & Company
Founders’ Court
Lethbury
London
B. C
United States Mortgage & Trust Company, Depositary
A C Tuxbury Lumber First Mortgage Bonds Sought
The New York Trust Company as Trustee invites tenders for first mortgage six per cent gold bonds from the A C Tuxbury Lumber Company. Tenders accepted through February 11 1905 to fund 24275 33 dollars with right to reject all.
MENTIONED IN THIS ARTICLE
A. C. Tuxbury Lumber Company
New York Trust Company
F. J. Horne
New York
Notary Acknowledgment of Limited Partnership in New York
Richard Goodwin testifies as general partner that James McGovern, the special partner, paid one hundred thousand dollars in cash to the common stock as stated in the certificate of limited partnership. The document is sworn before Notary Charles L. Thatcher in New York on December 31, 1997.
MENTIONED IN THIS ARTICLE
Lemuel C. Benedict
Robert A. Drysdale
Richard Goodwin
James Macgovern
State of New York
Benedict, Drysdale & CO
County of
New York
Borough of
Manhattan
New York Stock Exchange
Lii
Eemuel
Benedict
Essex Hotel
Borough of Manhattan
City of New
James McGgovern
Mit
New York City
York
James McGovern
James MceGovern
Chas. L. Thatcher
Notary Public
Also Mentioned on This Page
Wall Street
Trust, Co
Knickerbocker Trust Company
Carnegie Trust
Gary
New York Times
Pittsburg
Iron and Steel
Waldorf-Astoria
Judge Gary
United States Steel Corporation
A. C. Dinkey
Willis F. King
W.P. Snyder
W.gark
C.W. Bray
Wallace H. Rowe
Oward Wood
Joseph G. Butler
Great Western
Incorporated
New Jersey
Berlin
Foreign Public Securities
Lon- Y
Netdon
Atchison Ues
Erie
Central
Louis. & Nash
N. Y. Central
Pennsylvania
Southern Pacific
Union Pacific
Steel Streeee
U. S. Steel Pf
Daniel J. Sully
J. Arthur Joseph
Thomas Gibson
Montgomery
Lins
Amsterdam Stock Exchange
Ticker Publishing CO
Wall Exchange
Building
Wm. E,. Nichols & Co
Nevada
Fred. R. Jones & CO
Broad ST
Broad
DIV
DENDS
Cleveland
Cincinnati
Chicago & ST. Louis
A & ST. Louis Grand Central Station
Charles F. Cox
Hinds Consolidated Mining Company
R. W. Cavenaugh
Ce Ereet United Bank Note Corporation
George H. Danforth
THE
Donald Steamship Company, Inc
Comny
John A. Donald
Thos. N. Jones
Treas. & Sec'y
Brooklyn Rapid Transit Company
City of
Brooklyn
Clinton Street
Yetman Typewriter Transmitter Company
United Cigar Manufacturers Company
Second Avenue
Maurice Wertheim
OLD Dominion Steamship Company
Beach Street
E. E. Palen
John H. Wiemers, Inc
155
Spring Street
City of New York
Maier K. Lang
Lincoln Trust Company
Fifth Avenue
Frank Tilford
Frederick Phillips
Fat Ferment Co
Hudson Street
Howard S. Neiman
American Institute
West 44Th St
R. A.B. Dayton
Myer & Livingston
Max Myer
Abraham H. Livingston
Grand St
J. H. Stevenson
South
Farmers’ Loan and Trust Company
William Street
the Commercial Trust Company of
the Commercial Trust Company
41St Street
Seventh Avenue
R. R. Moore
G. J. Baumann
Directoers
Kimball D. Atwood
Herman Auerbach
Henry Dazian
George W. Elkins
A. L. Erlanger
E. H. Fallows
Joshr. Grismer
AL Hayman
M. Klaw
James H. McGraw
HB. BE. Moore
L. H. Perlman
H. M. Swetland
L D. Smith
Wertheim
Resources
Irving National Exchange Bank
West Broadway
Chambers Street
Trust Company OF America
Wall ST
Gresham ST
Westinghouse Electric & Manufacturing Company
James N. Jarvie
A. G. Becker
Richard Delafield
Charles A. Moore
Neal Rantoul
Fr. H. Skelding
Albert H. Wiggin
Joline
Larkin & Rathbons, Strong & Cadwalader
Albert Stickney, JR
Rochester, Syracuse & Eastern Rd. Co
E. H. Gay & CO
Montreal
Houston
Texas Central
Newa
Copartnership Notices
Stewart Mining
Arizona Smelting
J. D. Geralty & CO
Vince
Hanoveyy