Court approves plan for Cincinnati, Jackson and Mackinaw stock distribution
The Supreme Court requires security for stockholders in the reorganized Cincinnati, Jackson and Mackinaw Railway. A committee led by WM. H. Martin and Henry F. Dawes will secure the distribution of about 2.55 million dollars in new common stock. Certificates must be exchanged by June 18, 1901 at Schmidt & Gallatin, 45 Broadway, New York.
MENTIONED IN THIS ARTICLE
City OF New York
Broadway
Supreme Court
Cincinnati, Jackson and Mackinaw Railway Company
Schmidt & Gallatin
N. Y
Buffalo & Susquehanna Bond Exchange Notice 1901
Buffalo and Susquehanna Railroad signals bondholders to exchange 5 percent bonds for new 4 percent gold bonds due 1951. Fisk & Robinson offer exchange terms, requiring holder details. privilege to exchange ends June 15. F. H. Goodyear chairs. Buffalo, April 6, 1901.
MENTIONED IN THIS ARTICLE
Messrs. Fisk & Robinson
Nassau Street
New York
State Street
Boston
Buffalo & Susquehanna Railroad Company
Fisk & Robinson
Indiana Block Coal Railroad bonds sinking fund draw
The Indiana Block Coal Railroad Co Parent issue announces bonds drawn for sinking fund: Nos 142 161 184 at 500 each and Nos 29 93 at 1000 each. Principal and accrued interest payable on presentation at The Farmers Loan and Trust Co New York. Interest ceases July 1 1901. Chance for Investors 135090 first mortgage railroad bonds 5 percent gold listed. Office to suit. Bonds Box 212 Times ce.
MENTIONED IN THIS ARTICLE
The
Union Trust Company of New York
Mercantile. Trust Company
San Francisco and North Pacific Railway Company
Broadway
City of
New York
Mercantile Trust CO
Louis Fitzgerald
Indiana Block Coal Railroad CO
Indiana Block Coal Railroad Company
Farmers’ Loan and Trust Company
William Street
Farmers’ Loan & Trust Co
E. S. Marston
F Loan and Trust Pany, Co
Evansville Street Railroad Company
Aursey
Diemer
Wilnaso Street
Charles Dickinson
Callandaigua
N. Y
Aith
Peel
Stockholders Meeting of Yaryan Company Set for June 1 1901
The annual meeting of stockholders of the Yaryan Company will be held at the Gaany, 4 floor of The Fchonagye Building, New City, on June 1 1901 at 12 o clock noon for the election of Directors and other matters. Fred Rindskopf is secretary.
MENTIONED IN THIS ARTICLE
National Gold Mining Company
New York
Colorado
Man & Man
Wall Streshy
New York City
William Man
Yaryan Company
Gaany
Fchonagye
New City
Fred Rindskopf
Amalgamated Copper Co
Sorthers
Eee
Byyer
Bs “Tirecto
Financial Markets Roundup From A Turbulent Session
Stock transactions show irregular activity with several issues advancing and declining. Bonds also move with notable net changes and a broad spectrum of corporations listed, including Am. Beet Sugar and Canadian Pacific, while money rates hold at modest levels across call and term loans.
New Mileage and the Safer Rail Growth
The piece argues rail lines should not sprawl but grow by profitable additions. It notes 1880 to 1890 mileage rose 80 percent nationwide, then slowed to about 17 percent in the following decade. Current construction targets pay and connects existing traffic rather than boom-era speculation.
MENTIONED IN THIS ARTICLE
Missouri
Arkansas
Texas
Kansas
Colorado
New Mexico
Northwestern
Nebraska
Pacific States
Steinberg Firm Dissolves to Form Steinberg and Beekman
In New York on June 1 1901 the firm of S Steinberg and Co dissolves by mutual consent with H B Steinberg retiring Sophia Steinberg signees. Samuel Beekman admitted and the firm to operate as Steinberg and Beekman taking over liabilities and collecting outstanding accounts.
MENTIONED IN THIS ARTICLE
New York
S. Steinberg & CO
H. B. Steinberg
Sophia Steinberg
Samuel Beekman
Steinberg & Beekman
Beekman
Rail growth and earnings anchor security values
The passage argues that traffic gains corroborate earning power of older branches, prompting careful valuation of security prices. It warns against renewed aggressive expansion and notes that national growth will continue beyond current railroad facilities, supporting price stability in a higher range.
Dull and erratic market with mixed gains and losses
The market showed dullness and irregularity with about 685000 shares traded. Early gains led by Missouri Pacific and peers gave way to a midday sell off in American Tobacco and American Sugar, then a late rally. Investors feared foreign tensions after a cabinet meeting amid strong crop reports and railway earnings.
St Pauls Dividend Raised to Seven Percent
Wall Street reports semi official authority states the next dividend on St Pauls stock will be 7 percent, up from 6.5 percent. Standard Oil brokers were the main buyers of the stock yesterday.
MENTIONED IN THIS ARTICLE
Wall Street
St. Paul
Standard Oil
Missouri Pacific Bonds Herald Imminent Stock Dividend Hint
A street rumor claims $12,000,000 per cent convertible Missouri Pacific bonds have been presented for conversion into stock. The surrender is viewed as indicating an upcoming stock dividend likely above 5 percent, with talk of forthcoming rights for stockholders.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Tobacco stock falls amid market weakness
American Tobacco stock slid to 140 around noon yesterday, down 214 points from an earlier high. Continental dipped fractionally while curb-traded bonds near 73. Analysts suggested stop orders or shaking out weak holders as a possible motive for the broad decline.
MENTIONED IN THIS ARTICLE
Continental
Irregular Texas Pacific Stock Movement Explained
After hours, Texas Pacific stock fluctuations were attributed to a large loan called on the security. Officials indicate a pool of Western buyers may hold the stock, while another theory cites short selling to trigger stop orders, forcing repurchases at higher prices.
MENTIONED IN THIS ARTICLE
Texas Pacific
Consolidated Tobacco Co aims to take control of rivals
Insiders claim Consolidated Tobacco Company seeks to acquire control of American and Continental Tobacco Companies, American Cigar Company, and related firms including the Havana American Company for a relatively small outlay. They deny any bond issue irregularities and say the real aim is consolidation rather than impropriety.
MENTIONED IN THIS ARTICLE
New Consolidated Tobacco Company
Consolidated Company
American
Continental Tobacco Companies
American Cigar Company
Havana-American Company
Conti, Continental Companies Targeted by Cendrates
The Cen Drates propose acquiring the common shares of the American Cigar and Continental companies to avoid external interference. If outside interests gain possession, issues could arise for the American Company, but Cen Drates’ plan to merge holdings mitigates potential trouble.
MENTIONED IN THIS ARTICLE
American Cigar Company
Continental Company
American
Continental Cmpanies
Cendrates
Board of American Linseed Company meets in Rockefeller office
Newly elected Board includes ten Standard Oil representatives and met in Mr Rockefeller's office yesterday. An adjournment was taken and new officers were not expected to be elected for several days. Rockefeller and associates built controlling interest largely in the open market with little negotiation with former holders.
MENTIONED IN THIS ARTICLE
American Linseed Company
Standard Oil
Rockefeller
Washington Traction Company Reorganization Plan Talk
The Reorganization Committee of the Washington Traction Company met to advance a plan for restructuring. They proposed bondholders receive new 4 percent mortgage bonds at 56 percent par and preferred 5 percent stock, offering a fixed charge and a total security value around 110 percent of current collateral.
MENTIONED IN THIS ARTICLE
Washington
D. C
May exports rise for breadstuffs provisions cotton yet oils fall
The May bulletin from the Bureau of Statistics reports increases in breadstuffs to 25,723,185 dollars up 2,259,000 from May 1900, cattle and hogs to 3,592,253 up 900,000, provisions to 16,169,064 up 2,250,000, and cotton to 17,129,886 up 5,000,000, while mineral oils fall 300,000 to 6,464,235. Over eleven months exports total 810,516,168 dollars, up from 714,227,515 dollars last year.
MENTIONED IN THIS ARTICLE
Washington
United States
Bureau of Statistics
Directors Elected at Farmers Loan and Trust Annual Meeting
At the Farmers' Loan and Trust Company annual meeting yesterday the following directors were elected Samuel Sloan Moses Taylor Pyne Robert C. Boyd Robert F. Ballantine Cleveland H. Dodge David H. King Jr John L. Riker W S Bogert and Edwin S Marston confirmation of board lineup for the coming year.
MENTIONED IN THIS ARTICLE
Farmers’ Loan and Trust Company
Samuel Sloan
Moses Taylor Pyne
Robert C. Boyd
Robert F. Ballantine
Cleveland H. Dodge
David H. King, Jr
John L. Riker
W. S. Bogert
Edwin S. Marston
Financial and corporate notes from Wall Street topics
Reorganization Committee extends deposit period for Brooklyn Wharf and Warehouse Company to July 1. St Louis reports plan to launch a steamboat line between St Louis and New Orleans with $250000 capital. Twenty one plow factories are nearing completion with $75000 capital. Louisville reports axe handle makers to merge with $1,000,000 capital. Long sterling exchange posts up half a cent. Amalgamated Copper Company stockholders adjourned to next Saturday. Nipper Mining borrows $2500000 to back bonds. National Steel Refining to be formed with $1500000 capital, to own a quarter of American Nickel Steel. Boston Stock Exchange to close for Bunker Hill Day. Western Union quarterly dividend recommended. Consolidated Rubber Tire Company capital reduction adjourned to June 16. Silver shipments total 361000 ounces to Europe. Port of New York exports rise by $2957952 week over last year. East Liverpool Pottery Company incorporated with $1000000 capital.
MENTIONED IN THIS ARTICLE
Adrian H. Muller
Brooklyn City R. R. Co
South Brooklyn
Mtge
United New Jersey
R. R. Co
Cleveland
Pittsburgh
R. R. Guar
Century Realty Co
National City Bank
National Bank of Commerce
Denver & Southwestern R. R. Genl
Eklyn Wharf & Warehouse Co
Merchants’ Exchange Natl. Bank
Mercantile National Bank
Central Trust Co
Indiana Natural & Til. Gas Co
Bank of Commerce
American Exchange Natl. Bank
Mortgage Ins. Co
Natl. Bank
H. B. Claflin Common
N. Y. Produce Exchange
Ins. Co
4Th National Bank
Market & Fulton
Bank
Produce Exchange Bank
Adirondack League Club
Lawyers
Natk Bank of Commerce
North American Trust Co
American Surety Co
Erie A’ Way
P. c
Natl Bank of Commerce
Hanover National Bank
the Durland Co
F. Moesmer’s Brewery
Tubular Fly Co
N._Y
Pet. Light Co. Trustees
Holland Trust Co
Bank of the State of New York
Lehigh & New York
Pitts
Ft. Wayne & Chic
American Exchange Natl
Op Securities Co
P.c
New York Realty Co
Merchants’. Natl. Bank
Central Realty Bond & Trust Co
Minneapolis & Pacific R. R
Nantasket Beach
R. R
Old Colony R. R
Securities Co
National Bank
Park Bank
Rome
Watertown
Ogdensburg
R. A
York County
F. Moermer
American Beet Sugar Company
Nassau Street
New York
J. E. Tucker
St. Paul
Union Pacific
Southern Pacific
Missouri Pacific
Atchisons
American Tobacco
American Sugar
Wall Street
Toledo
St. Louis and Western
Missouri
Kansas
Texas
Rio Grande Western
Northern Pacific
Seaboard Air Line
Sloss-Sheffield Steel and Iron Company
Standard Oil
Lackawanna
Delaware
Hudson
Mexican Central
General Electric
Knickerbocker
Chicago
National
Manhattan Railway Company
Sloss-Sheffield Company
American Beet Sugar
Western Union
London
Money on call and foreign exchange rates reported
The money market shows call rates at 2 to 3 percent with closing at 3 percent, and time money at 3 percent for up to four months, 4 percent longer. Mercantile paper 3 to 5 percent for varying terms. Clearing House notes Exchange totals and balances listed, with London call money at 1 to 2 percent. Domestic exchange rates show sixty day and demand quotes, with continental bills and various centers noting discounts and premiums.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Sub
Treasury
London
Foreign Exchange
New York
Chicago
Boston
New Orleans
Charleston
Savannah
San Francisco
Cincinnati
London Market Quiet as War Mood Keeps Prices Steady
June 11 London stocks show ample liquidity but weak demand with a drift toward declines. Consols rise on easy money and war news. foreigners soft. American issues open above parity, close firmer. Major notes include Southern Pacific and Union Pacific. various equities quoted with modest shifts. Gold and bullion activity steady with Bank of England bullion intake £6000.
MENTIONED IN THIS ARTICLE
Stock Exchange
Southern Pacific
Union Pacific
Bess
Atchison
Canadian
New York Central
Erie
Pennsylvania
Reading
Erie First
Northern Pacific
Grand Trunk
Anaconda
Rand Mines
United States Steel
St. Paul
Illinois Central
Louisville
Bank of England
Buenos Ayres
Madrid
Lisbon
Rome
Paris Bourse opens firm then turns heavy on Parquet stocks
Prices start firm on the Paris Bourse but Parquet shares weaken as Brussels trading activity increases. Reports indicate fresh difficulties have arisen affecting market sentiment and liquidity.
MENTIONED IN THIS ARTICLE
Paris
Brussels
Also Mentioned on This Page
Hanover National Bank Capital
Phenix National Bank
Colonial Trust Company Capital
Paul B
Bankers’ Cards
Undivided
Spencer Trask & Co
Pine St
Ders
Deal
New York Stock Exchange
State St
Albany
Redmond, Kerr & Co
Philadelphia
Graham, Kerr & CO
Kountze
New A
Br Telephone
Brooklyn
Geo.h.prentiss&co
Montague St
N. Y. Stock Exchange
Consolidated Stock Exchange
York Produce Exchange
New St
Broad St
Fred. H. Smith
Manhattan Life Bldg
New York Con. Stock Exchange
Frere F. Marquana
New Orleans & Western Railroad Company
Colonial Trust Company
A. M. Poole
Henry C. Swords
I. H. Cammann
R. Keighley
Sec
Kern River District
California
U. S
Haskins & Sells, Certified Public Accountants
Dearborn Street
Chicago, Ill
Coleman Street
E. C
Central Fireworks Stock
J. S. Stanton
Morton Trust Company
Capital
Levi P. Morton, Thomas F. Ryan
James K. Corbiere
H.M. Francis
W. Redmond Cross
Eugene
E. Varet
Vic
H. B. Berry
John Jacob Astor
George F. Baker
Edward J. Berwind
Frederic Cromwell
James B. Duke
Henry M. Fiagier
G. G. Haven
Joseph C. Hendrix
Abram S. Hewitt
James N. Jarvie
Walter S. Johnston
A. D. Juilliard
Joseph Larocque
D. O. Mills
Levi P. Morton
Richard A. McCurdy
W. G. Oakman
George Foster Peabody
Samuel Rea
Elihu Root
Thomas F. Ryan
Jacob H. Schiff
John Sloane
William
Whitney
William C. Whitney
Henry Morgenthaat
Hugh J. Grant
T. Stallati
Dean
Vicote Sud
W. J. B. Mills
Frederic P. Olcott James Stillman
Anthony N. Brady
John D. Crimmins
Michael Coleman
Ernest Ehrmann
Henr
Ernest
Knecht
Ehrmann
TORS
Augustus D. Juilliard
Henry O. Havemeyer
William A. Nash
James H. Post
Orgenthau
Dormia Pac
Jane
Uuase
Fic
Ibere
S. V
UST Company
G. Sherman
Fred. C. Randall
Th Central Trust Company
R. D. Lankford
Georgia
SMIDT
Notary Public
Central Trust Company of New York
Ific Ry. Co
Louis Mesier
Brooklyn Wharf and Warehouse Company
Frederic P
Frederic Coeaine
Adrian Lee JR
Walter
Oakman
George W. Young
Jacob L. Greene
Adrian H. Joline
James N. Wallace
Wall St
Union Trust Company OF
Boonville Railroad Bridge Company
Union Trust Company OF New York, Trustee
CTICE
San Francisco & North Pacific Railway
Brown Brothers & CO
Trenton
N. J
Library of Crematory
W. J.B. Stokes
City of Trenton Free Public Library
W. J. B. Stokes
New
One Seas Sa
City OF York
Haven Canal
City OF New Yequiring
Third Avenue
Bird &Coler
Comptroller
Ig Ten Yo Siyance Curentiaws Ornie
Paranruast
Cincinnati, Jackson & Mackinaw Railway Company
Cates
WM. H. Martin
Henry F. Dawes
Albert R. Gallatin
Blair & Price
F. H. Goodyear
Buffalo, N. Y
Merseenthaler Linotype Company
Keene
Fred'k J. Warburton
Norfolk & Western Railway CQ
Board of
Exchange Place
A. 3d
Hemphill
Otis Elevator Company
Lynde Belknap
Sloss Sheffield Steel and Iron Co
Guaranty Trust Company of New York
J. W. McQueen
Republic Iron & Steel Company
WM. Barret Ridgely
Chicago and Northwestern Railway Company
Ss. O. Howe
New York & Honduras Rosario Mining
E. A. Jacoby
Continental Bee Company
Manhattan Trust Company
H. D._ KIN KINGSBURY
the Commercial Cable Company
E. C. Platt
the Financial Markets
Stock Transactions
Fung A
Cale Cocca Innacev
Breoneal Ete Abetas
Am. Ag. Ch
Pacific
Nat. Biscuit
Ice
Nat
Ees
Buff
Roch
N. Y. Central
Canadian Pacific
Chi
Alton
G.I. Ist
Ss. F del. & Hudson
St. L
S. F
Tenn. Coal & Iron
Den
Rio Gr. Pf
eiTwle City
Gas & el
Ber. Co
Kan
L. E
St. Am
Pacific Mail
Brunswick
Ches
Ohio
N. W
R. EL &Pac
Col. Fuel
Tron
St. S
Consol. Gas
Tobacco
Hocking Valley
S. Express
Homestake Mining
Iowa Central
Mg Louis. & Nash
C. & St. Lipf
Madina Riv Ae West
PiStisa
Snettiela
Texas & Pacific
Union Pac
Entral Ist. Inc
Pep. & East. Inc
Long Island
Bond
Copartnership Notices
P- Malgen & Cos Pt HO
Is Orue
Crane Vere
Farwell & Co
ST. Paul’s
Consolidated Tobacco
Washington Traction Company
Farmers’ Loan and Trust
St. Louis
Packet Company
Amalgamated Copper Company
New Nipper Mining Company
National Steel Refining
American Nickel Steel Company
Boston Stock ‘Exchange
Consolidated Rubber Tire Company
Europe
East Liverpool Potteries Company
East Liverpool
Money and Exchange
London Market