Stock Exchange Notice of 1901 Reorganization Exchange
Voting Trustees of the St. Louis and San Francisco Railroad announce that stock trust certificates must be exchanged for capital stock on July 1, 1901. Holders must present certificates to Continental Trust Company of New York, 30 Broad Street, for exchange. Dated New York, June 18, 1901.
MENTIONED IN THIS ARTICLE
St. Louis and
San Francisco
Louis Fitzgerald
J. Kennedy Tod
Isaac N. Seligman
Siegmund Alsberg
James A. Blair
Benjamin P. Cheney
Samuel C. Eastman
Charles 8. Gleed
Continental Trust Company
City OF New York
Broad Street
New York
John A. Stewart
Samuel CC
Eastman
Exchange of Stock Trust
Express
Continental Trust Co
City of
Willard V. King
Missouri Pacific seeks stock increase and rights issue
The Missouri Pacific Railway Company calls a special stockholders meeting for June 26 1901 to authorize a capital increase of 30090000 dollars. Stockholders may subscribe for 15 percent of holdings at par until July 18 1901 with warrants mailed after July 5 1901. Subscriptions require installments 25 percent by July 1 1901 and 75 percent by August 1 1901. Certificates issued after full payments, with scrip for under 100 dollars. Escorte details follow.
MENTIONED IN THIS ARTICLE
Philadelphia
City Hall
United States
Samuel H. Ashbridge
Missouri Pacific Railway Company
St. Louis
Missouri
George J. Gould
A. H. Calef
Broadway
New York
Missouri Pacific Railway Co
Hocking Valley Railway Declares Common Dividend
The Hocking Valley Railway Co announces a dividend of one and a half percent on common stock from current year earnings after providing for a 4% preferred dividend. Payment to be made July 20, 1901, to holders of record at the close of transfer books June 29, 1901. Books close 12 noon June 29 and reopen July 22 at J P Morgan & Co.
MENTIONED IN THIS ARTICLE
Hocking Valley Railway Co
Columbus
Ohio
Messrs. J. P. Morgan & Co
Wall Street
New York
J. P. Morgan & Co
WM. N. Cott
Semi annual dividend declared on preferred stock
A two percent semi annual dividend from surplus net earnings is declared on the companys preferred stock. It will be paid July 20, 1901 to stockholders of record at close of business June 29, 1901. The preferred stock books close at J P Morgan and Co New York at noon June 29 1901 and reopen at 10 AM July 22 1901.
MENTIONED IN THIS ARTICLE
The
Trust Company of America
Broadway
New York
Raymond J. Chatry
New York Central and Hudson River Railroad Company
NEW York and Harlem Railroad Company
George S. Prince
the Securities Company
Wall Street
Andrew J. Miller
Colonial Trust Company
St. Paul Building
Edmund L. Judson
Singer Manufacturing CO
Hocking Valley Railway Co
Columbus
Ohio
J. P. Morgan & Company
WM. N. Cott
General Chemical Company
Broad Street
James L. Morgan
Northern Pacific declares 1 percent dividend
Northern Pacific Railway Co. announces a net earnings dividend of one percent on its common stock payable August 5, 1901. Record dates apply in New York and Berlin with books closing July 12 and reopening July 25 1901. Secretary George H. Earl signs.
MENTIONED IN THIS ARTICLE
Northern Pacific Railway Co
New York
Messrs. J.P. Morgan & CO
Deutsche Bank
Berlin
Northern Pacific Railway Company
George H. Earl
Metropolitan Street Railway declares mid year dividend 1.75 percent
The Metropolitan Street Railway Company of New York announces a dividend of 1.75 percent per share payable July 15 1901 to holders of record June 26 191. Transfer books close June 26 and reopen July 16. Also notices from Norfolk Southern, Atlantic Trust Co and The New York Air Brake Co announce similar quarterly and extra dividends payable July 1901 to stockholders of record in late June and early July 1901.
MENTIONED IN THIS ARTICLE
St. Louis
First Mortgage
Memphis
First
Southern Railway Company
Broadway
New York
D. Lankford
Washington
D. C
Metropolitan Street Railway Co
METROPOLITAN STREET RAILWAY_ COMPANY of
Charles E. Warren
Norfolk & Southern Railroad Co
Atlantic Trust Company
Wall and William Streets
New York City
Mercantile Trust declares regular and extra dividends
The Mercantile Trust Company announces a regular dividend of five percent and an extra five percent on capital stock. Dividends are payable at the company office on the first proxime. Transfer books close June 24 and reopen July 1 1901. Ernest R. Adee secretary.
MENTIONED IN THIS ARTICLE
Mercantile Trust Company
Broadway
Ernest. R. Adee
New York
Dividend Declared by National Broadway Bank
The Board of Directors declare a semi annual dividend of six percent free of tax payable July 1 1901. Transfer books close June 19 1901 at 3 pm reopen July 1 1901 at 10 am. CHAS J DAY cashier.
MENTIONED IN THIS ARTICLE
Merchants’ Exchange National Bank of
City of New York
A. S. Apgar
National Broadway Bank
New York
J. Day
Garfield National Bank
Columbia Bank
Fifth Avenue
Forty-second Street
W. S. Griffith
National Shoe and Leather Bank
John I. Cole
the National Bank of the Republic
Charles H. Stout
Dividend notices from multiple banks and railways in 1901
A compilation of 1901 notices declares quarterly and semi annual dividends from Garfield National Bank Wells Fargo Columbia Bank National Shoe and Leather Bank East River National Bank The National Bank of the Republic Tennessee Coal Iron and R R Co Alabama Steel and Shipbuilding Company Hanover National Bank Williamsburg Trust Company and related transfer book closures and payment dates. It also includes a lost stock certificate notice for Northern Pacific Railway Company.
American Telephone declares dividend and leadership change
The American Telephone Company directors declare a regular quarterly dividend of 1 1 4 percent and an extra dividend of 1 2 1/2 percent. President pro tem Cochrane resigns and Frank P. Fish is elected to fill the vacancy.
MENTIONED IN THIS ARTICLE
American Telephone
Boston
American Telephone Company Today
Banks Prepare Large Gold Shipments to Germany and Abroad
National City Bank planned to ship $500 000 in gold coin to Germany. Heidelbach Ickelheimer & Co. and Kuhn Loeb & Co. arranged $500 000 and $250 000 in gold bars at the Assay Office for shipment. Late in the day the bank reported $1 000 000 packed for export but amount to send overseas undecided.
MENTIONED IN THIS ARTICLE
National City Bank
Germany
Heidelbach, Ickelheimer & Co
Kuhn, Loeb & Co
American Cotton Company re elects board in Jersey City
At the annual meeting in Jersey City yesterday the Board of Directors was re elected. James G. Cannon was re elected Chairman of the board and Albert C. Case was re elected President.
MENTIONED IN THIS ARTICLE
The
American Cotton Company
Jersey City
James G. Cannon
Albert C. Case
Treasury Bond Purchases
The Secretary of the Treasury bought 243000 dollars of 4 percent short term bonds at a cost of 1138704.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Secretary of the Treasury
Tidewater Steel Company Elects New President
George McCall of Dick Brothers was elected president of the Tidewater Steel Company yesterday, succeeding the previous leadership. The appointment signals a strategic shift for the company as it pursues expansion plans.
MENTIONED IN THIS ARTICLE
Tidewater Steel Company
George McCall
Dick Brothers
Financial Markets Update on Stock and Bond Activity
The report shows year to date and prior year stock and bond totals with detailed line items. It notes money rates for collateral loans, and lists numerous stock and bond names with modest changes, highlighting advances and declines across major issues.
Chicago Gas Trust Faces Quash of Suits and Growth
Chicago Gas Trust era consolidation reports strong 1897-1900 gains for People's Gaslight and Coke Company awaiting city approval to quash most suits while maintaining a franchise payment structure. 1900 sales reach 7.43 billion feet with gross earnings 9.09 million and net 4.64 million. dividends steady at 6 percent.
MENTIONED IN THIS ARTICLE
Chicago City Council
People’s Gaslight and Coke Company
Ogden Gas Company
People’s Gas Company
Comany
NYSE elects Barbour Cammerer Black as new members
W D Barbour of W D Barbour Co A A Cammerer of Lazard Freres and John A Black are elected members of the New York Stock Exchange Each pays 60000 for his seat and an application has been made to place them on the roster.
MENTIONED IN THIS ARTICLE
W. D. Barbour
W. D. Barbour & Co
A. A. Cammerer
Lazard Fréres
John A. Black
New York Stock Exchange
Market Movements Reflect Tight Money Pressure and Gains
Traders faced a tight money environment as shorts rushed to cover amid expected mid-summer investment demand. The day saw a heavy open, a mid-session rally led by Union Pacific and St. Paul, and selective advances in Linseed Oil, American Tobacco, and other names, with notable drops in Colorado Fuel and Missouri Pacific amid market rumors and earnings reports.
Securities Auction Results From New York Real Estate Salesroom
Adrian H. Muller & Son sold a large assortment of securities at auction at 111 Broadway New York. Items include Metropolitan Street Railway Company 18 shares at 173 percent, City of New York 6 percent Assessment Fund Stock due 1910 with accrued interest, and Hecker Jones Jewell Milling Company 6 percent bonds due 1922. Numerous bank, gas, railroad, and mining shares and corporate bonds were listed with varied prices and hypothecations.
MENTIONED IN THIS ARTICLE
Adrian H. Muller & Son
New York
Broadway
Metropolitan Street Railway Company
St. Louis and
San Francisco Railroad Company
Small Hopes Consolidated Mining Company
Bank Clerk Co-operative Building and Loan Association
Brooklyn Acdaaierme Music
Bedford Riding Academy
New York Produce Exchange
City of
Baltimore and Ohio
Singer Manufacturing Company
National Bank of Commerce
American Surety Company
Union Trust Company
American Exchange National Bank
Produce Exchange Bank
United New Jersey Railroad
Stuyvesant Insurance Company
Hecker-Jones-Jewell Milling Company
Brooklyn City Railrod Company
Brooklyn Union Gas Company
Bay State Gas Company
Parce Markeen Copper Company
Brooklyn Wharf and Warehouse Company
Adirondack League Club
Consols
Lawyers’ Title Insurance Company
North American Trust Company
Lawyers’ Mortgage Insurance Company
Home Insurance Company
Trust Company of America
Cambria Steel Stock Backed in Reorganization Plan
Rumors circulate that Virginia Carolina Chemical Company is gaining support as Cambria Steel announces a large majority of shares already assigned to the proposed reorganization plan.
MENTIONED IN THIS ARTICLE
Cambria Steel Company
Virginia-Carolina Chemical Company
Wall Street Stock Movements And Corporate Advances
Chicago dispatches report intensifying activity in Southern Cotton Oil Company stock, with control stakes at 120 percent. American Can Company securities expected to list in New York by August. Mount Vernon Woodbury Cotton Duck pool extended from July to January. Memphis Car and Foundry contracts 2,000 freight cars for Eastern roads. Crucible Steel builds three 600 ton furnaces at Clairton for 3,250,000 dollars. Seaboard Air Line bonds to be only good delivery after next Monday as certificate exchanges near completion. Extra dividends declared by Mercantile Trust, American Telephone and Telegraph, and Boston Electric Light. Denver and Southwestern Railroad curb listings expected to join regular exchange soon. Amalgamated Copper increases capital from 75,000,000 to 155,000,000 in Trenton filing.
MENTIONED IN THIS ARTICLE
Committee On Securities of the
Baltimore Stock Exchange
Seaboard Air Line
Money on call and mercantile paper rates and exchanges
The report lists money on call at 41 percent and time money at 3 to 4 percent for various terms, mercantile paper rates up to five and a half percent, and a Clearing House statement showing exchanges at 297,388,086 with balances of 10,528,774. London money on call at 1 1/4 percent, discount at 2 9/16 percent short and 2 29/16 percent for three months. foreign exchange firmer with posted and actual business rates for sixty days and demand. Continental bill quotes and New York exchange rates are given alongside city premiums and discounts in various markets.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Treasury
London
Reichsmarks
Guilders
New York
Chicago
Boston
New Orleans
Charleston
Savannah
San Francisco
Cincinnati
London Market Sees Abundant Money Despite Ascot Races
June 19 London financial report notes abundant liquidity as government disbursements expected to renew loan payments. Market dullness persists with Ascot Heath races drawing crowds away from trading. Consols steady while rail and staple stocks show mixed moves. American and Canadian issues drift, gold and silver quotes listed with premiums and discount rates.
MENTIONED IN THIS ARTICLE
London
Ascot Heath
Stock Exchange
New York
Atchison
Canadian
St. Paul
Illinois Central
Louisville
Union Pacific
New York Central
Erie
Pennsylvania
Reading
Northern Pacific
Grand Trunk
Anaconda
Rand Mines
United States Steel
Mooney
Buenos Ayres
Madrid
Lisbon
Rome
Paris Market Opens With Mixed Activity on June 19
In Continental Centres Paris trading started indecisive with irregular prices. Foreigners weak, rentes steady while Spanish tours and Brazilians fluctuated on unfavorable exchange. Rio Tinto rose on a rumor Amalgamated Copper may absorb certain American mines as the day closed steady.
MENTIONED IN THIS ARTICLE
Paris
Rio Tintos
Copper Company
London
Market Reports From Berlin and Madrid
Berlin notes a quiet Beerse session with irregular prices and firm home funds while Americ an markets linger dull. Transvaal rails rise on bear covering and electrical ventures drag industrials. London exchange at 20 marks 40 pfen nigs. discount rates show short bills at 2% and three months at 3.84%. Madrid quotes gold at 40.32.
MENTIONED IN THIS ARTICLE
Berlin
Transvaal
London
Baltimore stock dealings show United Railways lead market advance
The Baltimore market centered on United Railways with bonds and stock rising, Seaboard preferred rallying, and broad buying across issues. Transactions totaled 22,366 shares and $310,500 in bonds, with notable activity in Maryland Brewing, Consolidated Gas, and Western Maryland among others.
MENTIONED IN THIS ARTICLE
Baltimore
United Railways Group
Seaboard Preferred
Bull
Mercantile Trust
International
Maryland Brewing Pf
United Railways
Consolidated Gas
Seaboard
Escreee
Sasenee Mae
Western Maryland
MD. Casualty Trust
Maryland Trust
Fidelity
Fidelity & D. Trust
Georgia & Ala. Pf
South. & F
United Railways Inc
City Passenger
Norfolk Ry. & L
Maryland Steel
Maryland Brewing
Philadelphia Prices Slip as Market Opens Lower
The Philadelphia stock market opened dull with prices generally down from yesterday. Cambria declined in the forenoon but partially recovered, Electric Company of America fell amid merger doubts with American Railways, Union Traction closed net 4 lower, Welsbach Light gained then retreated, Electric Storage fell for common while preferred rose, and Asphalt of America rose on a rumor about a Venezuelan trust claim dispute. The local money market remained listless.
MENTIONED IN THIS ARTICLE
Philadelphia
Cambria
Electric Company of America
American Railways Company
Union Traction
Welsbach Light
Asphalt of America Fives
Venezuela
Call
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Washington Trust Company
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New Orleans & Western Railroad Company
A. M. Poole
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Central Trust Company of New York
Trust Company
George Sherman
H Cutter
Robert L. Harrison
Jas. M. Edwards
Consolidated Railway Electric Lighting and Equipment Company
Colgate Hoyt
Colgate Hoyt & Co
Charles E. Quincey & Co
A. O. Beebe
Robert L. Cutting
Blair & Price
THOS
Cook & Son
28Th St. & B.way, N. Y
the Trust Co. of America
Ashbel P. Fitch
William H. Leapp
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Albert L. Banister
Lawrence O. Murray
Brown Brothers & CO
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Xander Phillips
DI Samue
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G. G. Haven, Jr
Charles R. Henderx
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William P. Elliott
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Broadway, New York
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Drexel Bldg
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