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This newspaper page contains 13 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 16, 1901

Page

12

Transfer Books Closure notice at Amalgamated Copper Co

The Transfer Books closed on May 7 1901 for the Annual Meeting will remain closed until June 20 1901 at 10 A M. By order of Board of Directors William G Rockefeller Secretary.

Amalgamated Copper Co Broadway New York William G. Rockefeller JHE State Bank A. I. Voorhis United Traction and Electric Company Jersey City N. J Sweetland Chicago Great Western Railway Co Chicago Great Western Railway Company R. C. Wight St. Paul, Minn Chicago ,Great Western Railway Company Knickerbocker Ice Company Chicago Ill Central Trust Company of New York William A. Walter St. Louis First Mortgage Memphis First Southern Railway Company R. D. Lankford Washington D. C Ty R. D. Lankford Washington, D. C Reading Co Philadelphia and Reading Coal and Iron. Co J. P. Morgan & Co N. Y W. G. Brown Philadelphia

Insurance Officers Elected and Companies Expand

J Stanley Scott named Assistant Secretary in Travelers Life. Hamburg Bremen Insurance withdraws from Florida. J H Lenahan elected Chairman of Western Union fire underwriters to fill Corran vacancy. Springfield Fire and Marine Insurance raises capital from 1.5 to 2 million by using surplus 500k. net surplus January 1 reported at 1,819,143. Debate over a rating compact for unrated parts of New Jersey resumes as New York Fire Insurance Exchange faces growing need.

J. Stanley Scott Travelers’ Insurance Company Hamburg-Bremen Insurance Company Florida J. H. Lenahan Western Union Fire Underwriters J. W. G. Corran Springfield Fire and Marine Insurance Company New Jersey Suburban Fire Underwriters’ Association New York Fire Insurance Exchange Exchange Old Tariff Association

Insurance Charter Attacked by New Hampshire Official

New Hampshire Insurance Commissioner Linehan reports no paid in capital or cash assets for the Kearsarge Fire Insurance Company after inquiries in New York. He notes premiums from policies exist but there is no record of how those funds were used or if capital was ever paid. The charter is being challenged for annulment.

Linehan Concord N. H New York Kearsarge Fire Insurance Company

New Corporations Formed With Various Capitals

A series of new companies are organized with capitals ranging from 6 000 to 100 000. Watkins Consolidated Electric and Gas Light Company lists A R Horn J J McKee and Charles B Reid as directors. Security Refrigerator Company names L F Kunz T D Raubut and T H Wilson. Arthur H Wiener Co to manufacture skirts and cloaks with A H Wiener Hattie L Wiener and Paul Frankel as directors. Coliseum Cycle Track Association and Cuba Land Company are also formed with listed directors. The S Clinton Sherwood Company and Spencer Electrical Company appear among the new incorporations.

Watkins Consolidated Electric and Gas Light Company Watkins Capital A. R. Horn Catasauqua Penn J. J. McKee Bethlehem Charles B. Reid New York City Security Refrigerator Company Brooklyn L. F. Kunz Weehawken N. J T. D. Raubut T. H. Wilson Arthur H. Wiener & Co W. A. Bates H. C. Morgan C. A. Ackerly Cuba S. Clinton Sherwood Company S. C. Sherwood J. W. Woolfolk G. R. Cooper Spencer Electrical Company J. H. Spencer C. L. Child Montclair Henry Dawson Richmond Hill L. I

Charters Granted in Dover Firms Include Steel and Medicine

On June 15 in Wilmington Delaware the following charters were secured at Dover. Pacific Iron and Steel of New York to manufacture iron with capital 30 000. Canateaty of Columbus Ohio to make salves drugs and medicines with capital 000. The Sedative Manufacturing Company of Philadelphia capital. The American Workingman's Protective Association of Michigan capital 100 000. The Davis Real Estate Company of New York capital 50 000. The Pacific Iron and Steel Company of New York capital 30 000.

Wilmington Del Dover Pacific,Iron and Steel Mee Capital Kone Canateaty Columbus Ohio The Sedative Manufacturing Company of Philadelphia American Workingman’ S Protective Association of Michigan Davis Real Estate Company of New York Pacific Iron and Steel Company of

Market optimism from crop reports boosts securities outlook

The stock market gained as the Agriculture Department crop report projected U S wheat 650 to 700 million bushels and favorable foreign crops. London and US buyers pushed prices higher while Wall Street adjusted to the news. Bank of England rate cuts eased international money tensions and spurred American speculation focused on equities, rails, and industrials led by United States Steel.

Department of Agriculture Wall Street London Bank of England New York United States United States Steel A. P. Miller Miller & Co Albert Blumenthal Sutro Brothers & Co

Investment conditions stay steady with gilt edged securities

Investment conditions remain unchanged as steady absorption of bonds and gilt edged stocks supports prices yielding the minimum 3 to 4 percent. High grade securities hold at this fixed level while less tested dividend paying issues trend toward the same level, barring a violent money value upheaval.

Stock Market Summary and Bonds Rise on Harmony Hopes

A Saturday market wrap notes strong stock gains led by Colorado Fuel up near 133 and Tennessee Coal as unions, railroads, and steel trusts signal consolidation. Bond activity shows advances and declines with Can South 2d and Union Pac concessions. London activity little changed amid larger market optimism.

Bank Statement Shows Loan Surge and Reserve Drop

A bank statement issued yesterday reports a large rise in loans by 13,344,800 and a reserve decrease of 4,559,375. Specie fell 1,876,300 while legal tenders rose 335,800 and deposits increased 12,075,500. The overall figures reflect stock-driven loan growth and higher reserve requirements tied to deposits. The week’s market strength, led by St. Paul, followed the statement publication.

Northern Pacific St. Paul Union Pacific Northwest Wisconsin Central Colorado Steel Tennessee Coal Pére Marquette Bette Morgan Union Bay and Paper London Tobacco and St. Louis San Francisco Clearing House Ees

Market surge signals potential Union Pacific control over St Paul

Yesterday advancing prices led by St Paul crossed 181 and settled near 180 in heavy volume of 89000 shares. The market strength followed recent gains and fueled talk of a lasting community of interest among Union Pacific St Paul and Northwestern roads with Union Pacific potentially gaining control of St Paul stock.

St. Paul Union Pacific Northwestern Alliance Granger Pacific Southwestern Missouri Pacific Burlington Great Northern Northern Pacific

Stock Market Optimism Across Sectors Reported

Prominent financiers express strong faith in rising prices driven by good crop prospects strong railroad earnings expanding bank clearings and abundant capital. Experts note foreign rates and government reports support a bullish outlook with ongoing demand and strategic holdings limiting a sudden downturn.

Edwin Hooley Rolston & Hoole Klondike

Western money returns to market lending at lower rates

Hugh Murray notes a West Coast money infusion into the market, with several large Stock Exchange houses borrowing millions on time at rates below New York, as traders report stronger collateral and a more active stock outlook amid a widespread demand for funds.

Hugh Murray Wall Street West New York

Money and Exchange Rates Brief

Money on call 3 percent. Time money 3 percent for thirty to sixty days. 3 percent for ninety days to four months and 4 percent for longer periods. Mercantile paper 4 percent for short term.

Mercantile Paper

Also Mentioned on This Page

Chattanooga E. J. Billard Finance Committee Bisbee Arizona Copper Glance Mining Company Bald Mountain Tip Top Nevada City Bazaar Idaho Defender Boulder Republican Eureka Grass Valley Caper Loaf Connelly Wyoming Utah Warren Montana Cochise County Copp Sucen Consolidated Mining Company Arizona and Southwestern Jews of S. W. Clawson Co. C. Warner G. E. Tomlinson James Wood Co. L. Beckwith Copper Queen Consolidated Mining Company Treasury John J. O’rorke Hudson Street Bank OF Bisbee W. H. Brophy J. LU. Merrill Calumet and Arizona Copper Company Coppe Company F. S. Hyatt Hanover National Bank Nassau Central National Bank Colonial Trust Company Capital Washington Trust Company Stewart Building Bradway Bankers’ Cards Kountze Lidenberg & Kraus Broad ST N. Y. Stock Exchange Henry Clews& CO W. 34Th St Waldorf 5Th Av Cor 25Th St B’way Silk Worth Thomas St Hudson St Merc Court St Bank & Trust CO P. J. Goodhart & Co Wall ST I. F. Mead & CO R. J. Jacobs.& CO New Street New York Stock Exchange Fred. H. Smith Manhattan Life Bldg New York Con. Stock Exchange Frerk F Marquana Pee York Con Broad Street Book of Railway Jacob Berry & CO Consolidated Stock Exchange Stoppani & Hotchkin New York Consolidated Stock Exchange Cortlandt N. E. Cor. Ee 30Th St J. J. McLean New York Produce Exchange Chicago Board of Trade Chestnut St Congress St Boston Uptown Madison Av East 59Th ST Dow, Jones & Co Wall Street Journal Albemarle & Chesapeake Canal Company Central Trust Company of Trust Company George. Sherman H. T Robert L. Harrison Jas. M. Edwards City OF General Assembly State of Tennessee Hamilton County United States OF America State of Tennessee National City Bank J.atch Council the Merchants Company (of Such Company Union Square East Borough of Manhattan C. C. Murphy Claude A. Noakes Bocking Valley Railway Company New York Herald the Exploration CO. OF Fred'k G. Corning M. E Thos. J. Hurley C. van Rensselaer Cogswelle Sec’s and Treas. Mills Bldg Thomas & CO Provident Building Phila Insurance Charter Herbert Spencer Clinton Apartments West 42d City Brown Brothers & CO Kansas City Fort Scott Birmingham Santa Fe, Pea & Ieee Atlanta & West Indiana Choctaw, Oklahoma & Gulf Pittsburg & Western South Shore & Atlantic Ohio River Toledo Peoria See Tees Delaware New York Times Stock Transactions Ag. Chem Ag. C Eevasee Am Car & F Central North American S. F Penn, R. R People’s Gas Nee Balt Pere Marquette Owen B'klyn Rapid Transit G. Wey St. L St. P Chi N. W Southern Pacific Tenn. Coal & Iron Union B. & Poly Pacific del Oi S. Leather L. Col. F R. G Illinois Central Kan Mich Snuff Ilienick Ant L. Wim Tob Norf. & West Third Avenue Union B. & P Car. Chem Can. South John Muir W. Bayard Dominick Lyman B. Kendall Jones & Kendall Haven & Stout Money and Exchange
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