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Newspaper

New York Times

Location

New York, New York, United States of America

Date

Jun 21, 1901

Page

10

Exchange of stock trust certificates notice 1901

New York June 18 1901 announces the exchange of stock trust certificates for stock certificates may occur any time after June 80 but no more than one hundred schedules per diem will be received by the undersigned.

St. Louis Southwestern R’way Company No. 120 Broadway New York City THE Mercantile Trust Company Henry C. Deming St. Louis and San Francisco Louis Wittgerald J. Kennedy Tod Isaac N. Seligman Siegmund Alsberg James A. Bink Benjamin P. Cheney Samuel G. Eastman Charles %. Gleed John A. Stewart Louis Fitzgerald Samuel C. Eastman James A. Blair St. Louis and San Francisco Railroad Company Continental Trust Company City OF New York Broad Street New York Jonn A. Stewart Benjamin P. Chenfy Exchange of Stock Trust Express Continental Trust Co City of Willard V. King Missouri Pacific Railway Company Missouri Pacific Railway CO Morton Trust Company Trust Company Consolidated Tobacco Company American Tobacco Company James B. Dune

Dividends Declared by Multiple Banks and Firms

Directors of the North American Trust Company declare a 3 1 4 percent dividend for six months payable July 10 to holders of record July 1. Bowery Savings Bank grants a 4 percent semi annual dividend on deposits of $5 to $3 000 held three months by July 1. Ohio Southern plan to acquire Detroit Southern Railroad via Continental Trust Company. participation ends July 1.

DETROIT_SOUTHERN RAILROAD COMPANY Continental Trust Co New York Bowery Savings Bank Bowery John D. Hicks Henry A. Schenck The Trust Company of America Broadway Raymond J. Chatry Fourth National Bank City of Charles H. Patterson Merchants’ National Bank of the City of New York J. W. Harriman Real Estate Trust Co Nassau Street Board of Trustees Reeven Henry W. Reighley National Park Bank of New York George S. Hickok North American Trust Company Merchants’ National Bank Amalgamated Copper Company Cleveland, Cincinnati, Chicago and St. Louis Railway Company People’s Bank of the German Exchange Bank Real Estate Trust Company Mechanics’ National Bank General Chemical Company Continental Trust Company Baltimore and Ohio Railroad Company Columbus and Hockin Coal and Iron Company Ohio Southern Railroad Manhattan Trust Company Detroit Southern Railroad Company Detroit Lima Northern

Mexican Central Board Gains American Influence In Stockholder Vote

Stockholders elect ten new directors to the Central Board with strong American representation led by Yoakum of the St. Louis and San Francisco Railroad. Standard Oil holds a board seat, signaling a tilt toward American interests in the Mexican Central, amid silver depreciation and gold-based cost pressures on imports.

United States Central Board St. Louis San Francisco Yoakum Standard Oil Company

Railway progress in Mexico shows growing trade and railroad gains

A Boston meeting on the Mexican Central Railway signals large capital interest in developing Mexico's resources. US trade with Mexico rose to 63.6 million last year, with exports and imports climbing since 1895, and the Mexican Central Railroad expanding mileage while earnings per mile rose consistently over sixteen years.

United States Boston Mexican Central Railway Mexico Tampico el Paso Mexican Central Railroad Mexican Central System Miles Oso WOO cSeenewsdens

Market Drifts as Traders Await Bank Statement Impact

A listless market saw under 500000 shares traded with many minutes showing no transactions. While some stocks weakened on unfounded absorption rumors, others like Minneapolis and St. Louis, Iowa Central, and General Electric rose on prospects of dividends, rights, or reorganizations. St Paul deals confusion and muted activity in several rail and tobacco issues marked the day, with London opening higher but little movement locally.

Colorado United States Steel Corporation Minneapolis St. Louis Iowa Central General Electric Wabash American Car and Foundry Company American Car and Foundry St. Paul Union Pacific Thomson-Houston Company Illinois Central National Starch Company Standard Oil Glucose Company Tennessee Wisconsin Central Amalgamated Copper Boston London

Amalgamated Copper Names Anson Flower President

Anson R. Flower, who signed the certificate for the stock increase, has taken the presidency succeeding H. H. Rogers of Standard Oil. The move is said to involve no policy change. Signatures on the stock increase include Marcus Daly and William Rockefeller among others with multiple share counts.

Amalgamated Copper Company Anson R. Flower Amalgamated Copper H. H. Rogers Standard Oil Company Marcus Daly Leonard Lewisohn C. H. Clark Ladenburg, Thalmann & Co Thomas Moffet Hugh J. Grant E. C. Bogert J. S. Bache & Co Francis E. Beaumont H. G. Bechtel E. J. Bosworth Brown, Riley & Co

Willard V King Jr Elected Second Vice President

Willard V King Jr has been elected Second Vice President of the Continental Trust Company replacing Gordon McDonald who resigns June 30 to join Speyer Co Henry E Ahern is appointed Secretary succeeding King and will take the post this year.

Xwillard V. King, Jr Continental Trust Company Gordon McDonald Speyer & Co Henry E. Ahern Mr. King

Glucose Sugar Refining Co Consolidation Talks in Chicago

In Chicago, nego tiations proceed toward consolidating Glucose Sugar Refining Co with the National interests. Officials from both sides discuss potential merger terms, publicity and regulatory considerations, aiming to stabilize operations and expand market reach.

Chicago Glucose Sugar Refining Company The National

Starch Firm Talks With Oil Interests Denied

Officials from the National Starch Company and Standard Oil representatives denied that Standard Oil and new ges at Shady Side on the Hudson would be included in a near completed accord with the Starch Company.

Car and Foundry Year Sees Board Shrink and Profit Rise

The American Car and Foundry Company held its annual meeting, reducing the board from twenty to seventeen directors and presenting a fiscal year report ended April 30. Earnings totaled 4,915,390 with a 4,055,826 balance after charges for new construction and renewals. A 1,376,301 surplus remained after preferred dividends of 7 percent and common dividends of 2 percent. The balance sheet lists assets totaling 72,638,252 with increases against prior year and new directors Gerald Hoyt J. B. Haggin W. H. Woodin and J. M. Buick. President Bixby notes completion of the Detroit steel car plant and cites plans to boost working capital before dividend increases.

American Car and Foundry Company Gerald Hoyt J. B. Haggin J. M. Buick Bixby Detroit

Stock Exchange Listing Committee Reviews New Applications

The Listing Committee met for the second time this week and will reconvene next Monday to process filings ahead of the Governors' meeting next Wednesday. Among items rumored for consideration are Seaboard Air Line securities, with several new filings including American Telephone and Telegraph bonds and stock, Central Branch Railway bonds, Houston and Texas Central Railway bonds, Waco and Northwestern Division bonds, Pennsylvania Railroad stock, and Diamond Match Company stock.

The Stock Exchange Governors Denver and Southwestern Securities Seaboard Air Line Securities American Telephone and Telegraph Company Central Branch Railway Company Houston and Texas Central Raillroad Company Waco and Northwestern Pennsylvania Railroad Company Diamond Match Company

GEIC Negotiating Purchase of British Thomson-Houston

Wall Street notes ongoing talks that General Electric is near a deal to buy British Thomson-Houston Company. Bank of England holds rate. Bank of Bombay and Bank of Bengal cut to 5 percent. Union Steel Company buys 3200 acres of coking coal lands for 1.8 million and plans a 15 million plant. American Car and Foundry downsizes directorships from twenty to seventeen. Diamond Match applies to list on the New York Stock Exchange. Amalgamated Copper stock to be issued and delivered early next week.

American Tobacco Co F. M. Colston City of New York Fifth Ave F. M Colston Baltimore Street Baltimore Pittsburg Reublic Coke Sapere Union Steel Company Diamond Match Company New York Stock Exchange Amalgamated Copper

Money Rates and Exchange The Latest Foreign and Domestic Bank Quotes

Money on call 3 4% to 4% per cent with closes around 3 14 per cent. Time money 3 14 per cent for 30 to 90 days and 4 per cent longer terms. Mercantile paper 3% to 4% for 60 to 90 days. Clearing House exchanges 291,975,438 with balances 9,141,860. London money 14 2% and 4% for short and three months bills. Foreign exchange easier with posting 4.86% and 4.89 for sixty days and demand respectively. Continental bills quoted in francs 5.17% to 5.18% and reichsmarks around 9 14 to 9 55.Guilder quotes near 40%. Domestic centers show varied premiums and discounts for New York, Chicago, Boston, New Orleans, Charleston, Savannah, San Francisco, and Cincinnati.

Mercantile Paper Clearing House Treasury London Reichsmarks Guilders New York Chicago Boston New Orleans Charleston Savannah San Francisco Cincinnati

London Market Shows Mixed Tone With Modest Demand

The London market today featured a moderate inquiry and a tendency toward hardening prices. Discounts were easy, stock exchange activity was dull and steady, and attendance was light. First class securities were soft while Americans opened dull then improved, closing featureless amid Wall Street’s mood.

London Stock Exchange Wall Street Grand Trunk Treasury Atchison Canadian St. Paul Ihnois Central Louisville Union -Pacific New York Central Erie Pennsylvania Reading Erie First Northern Pacific Anaconda Rand Mines United States Steel Bank of England Buenos Aystwa Fe Madrid Lisbon Rome

Market notes from Paris on June 20

Continental centres report irregular business with gains in certain industrials, strong rentes and Portuguese, dull Italians, and Spanish tours rallying on rumors of Urzaiz resignation. Brazilian markets firm. most listings end dull or easier. Bank of France weekly statement shows changes.

Paris Sefior Urzaiz London Bank of France

Also Mentioned on This Page

Hanover National Bank Nassau St Colonial Trust Company Paul B Bankers’ Cards Redmond Kerr & Co Philadelphia Graham, Kerr & CO Banko Manhattan Cap Stephen H. Baker Henry K. McHarg D. H. Pierson W. E. Trotter George W. Smith James Talcott C. D. Borden On S. Kennedy Enry K. McHarg Sam Brooklyn John Dieo. H.lprentiss&co Franklin Trust CO Montague St N. Y. Stock Exchange J. L. McLean & Co Consolidated Stock Exchange N. Y New York Produce Exchange Chicago Board of Trade Chestnut St Congress St BROAD Broad ST Madison AV Near East 59Th New St New Jersey Geo. J. Kobusch St. Louis Car Co W. Tinker Columbia Brewing Co James H. Gay John Gay Sons H. Cloud L. N. Downs Hays Pearson, McGlynn & Co J. K. Tillotson Eaw H. B. Hays A. L. Norman Pneumatic Horse Collar Co American Ohio Southern Railroad Co OF Manhattan Trust CO Real Estate Trust CO OF Eer Henry C. Swords B. ‘i. Cammann Keighley Yooks Sig THOS Cook & Son Cor 28Th St. & B’way St. Louis and San Francisco George J. Gould A. H. Calef Brown Brothers & CO Wall ST Hebrew Sheltering Guardian Society OF New York Orphan Asylum 150Th Street Board of Managers Northern Pacific Railway Company Alic J. Lambert Amsterdam Avenue Continental Tobacco Go Messrs James B. Duke Oliver H. Payne Thomas F. Ryan Grant B. Schley John B. Cobb Anthony N. Brady W. W. Fuller B. N. Duke Percival S. Hill P. A. B. Widener Frank H. Ray C. C. Dula Charles E. Halliwell Wm. R. Harris Continental Tobacco Company American Tobacco Company Common Greene Consolidated Arthur Brenton Cook Drexel Building American Smelting & Refining Co Edward Brush Denver & Rio Grande R. R. Co Edgar A. Booth Title Guarantee and Trust Co Edward O. Stanley Singer Manufacturing CO Garfield National Bank Irving Oe Bank Trecord F. Werner Trenton Potteries Company Trenton Cc. E. Lawton Baltimore & Ohio R. A. Co J. W. McNeal Baltimore & Ohio R. R. Co Southwestern George A. Fuller Company Byron M. Fellows Columbus and Hocking Coal and Iron CO No Central Trust Company WM. H. Ziegler WM. G. Rockefeller Cleveland Chicago & St. Louis the People's Bank of the City of New York William Milne Charles L. Adrian R. A. Graff James L. Morgan the National Bank of the Republic Charles H. Stout East Hiver National Bank Z. E. Newell Cashier Williamsburg Trust Company W. Addison Field Aseptikon Manufacturing Company West 71St Street Borough of Manhattan Stock Coororation Willet C. Ely Henry C. Ely H. Abbott Ely Bethlehem Steel Directors Penn Bethlehem Steel Company the Financial Markets Stock Transactions St. P S.S. M R. Ry WM. J. Central Canada South Y CO. Co St. L Pere Marquette Col. Fuel & Iron S. Car Col S. C W.e Rep. Steel Iowa Central Tenn. Coal & Sed MiTol Ag. Chi Wkeato Tate Am Comese Am Snuff Kan Mich Mo. Pacific Vy Am Tobacco Nat Peoria & East Chi R. I MlTexas Pac Wapee van Peakee E S. Express Gas & el Ber. Co Va.Car. Chem Hocking Valley C. R N. Coll E. c Railway Progress IN Glucose Trust CAR and Foundry General Electric Ee Bank of Bombay Bank of Bengal Money and Exchange London Market
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