Rush for P R R bonds oversubscribed twenty times
The 4 percent Pennsylvania Railroad issue, offered publicly here and in London, drew subs nearly $1.9 million. Kuhn, Loeb & Co. opened bids at 19 o'clock, closed quickly amid heavy demand. London firms also kept subscriptions open, making official awards unlikely for days.
MENTIONED IN THIS ARTICLE
Pennsylvania Railroad Company
London
Kuhn, Lord & Co
N. M_ Rothschild @ Sons and Karns Brothers & Co. Limited
Kuhn, Loeb & Co
Jas
Morehan
Demand for Philadelphia Bonds
Philadelphia April 27 Mayor Reyburn announced plans for 875000 in 4 percent thirty year city bonds. The loan was vastly oversubscribed about seven times with forty seven bidders. Bids ranged from par to a premium. The full 5 875 00 issue was awarded to H F Bachman Co of this city at 100299.
MENTIONED IN THIS ARTICLE
Bachman & Co
Philadelphia
Reyburn
H. F. Bachman & Co
Paris Gold Engagements Rise Amid Steady Demand
Paris gold engagements climbed to 3.4018 million with $1 million by Heidelbach le&Scheimer & Co and $0.5 million by Goldman, Secis & Co. Bank of Montreal announced $1.5 million for shipment to Monarma. No rate change. experts expect further shipments up to 6.60046 million by Thursday.
MENTIONED IN THIS ARTICLE
Las Wemestler
Paris
Heidelbach, le&Scheimer & Co
Goldman, Seci
S & Co
Bank of Montreal
Monarma
Weitle
Durram Am
Pennsylvania
Metropolitan to advance 1.5 million to reopen Brooklyn trust
Metropolitan Trust Company of New York will provide 1.5 million in cash to reopen the Brooklyn firm The plan expects resumption on June 1 with depositors paid in full at opening The directors report stockholder assent and describe the trust company’s role while Oriental Bank liquidation continues in New York justice court coverage
MENTIONED IN THIS ARTICLE
Lam XN. Dykman
Amsburg Trust Company
Brooklyn
Metropolitan Trust Company of
New York
Justice Crane
Manhattan
Metropolitan Trust Company
Oriental Bank
New York Air Brake Bonds Taken Oversubscribed
Subscriptions to the 3,090,060 dollars of twenty year percent convertible bonds offered to stockholders at 9 class yesterday at 2 o clock. An official of the company said that the bonds were oversubscribed.
MENTIONED IN THIS ARTICLE
New York Air Brake Company
Mgerny
Berlin Bank Rate Cut Sparks Market Move
Berlin reports a reduction in the discount rate of the Imperial Bank of Germany. The rate was lowered from a higher level to 1 percent, signaling easier credit conditions and potential market reaction.
MENTIONED IN THIS ARTICLE
Berlin
Imtrial Bank of Germany
Mining notes and ore shipments from western mines
The Boston and Montana mines at Witte will ship ore to the Anaconda Washoe smelter until the Great Falls plant is ready. Ore production runs about 3.5 tons daily with a $150 ton profit to the Anaconda company. current smelter capacity is around 12.8 tons daily, with up to 249 tons processed from North Bure and Coalition. The Witwatersrand output for March shows 153,440 ounces from the Producing district and a total of 574,900 ounces, a strong rise from March of last year. Board changes at Mining Miner Company reduce directors from 12 to nine, with Joseph Wharton and Frank A. retiring. nine others reelected.
MENTIONED IN THIS ARTICLE
Boston
Montana
Witte
Anaconda Washoe
Great Falls
Te Anaconda Company
Kerloe Emeiter
Anaconda Mining Company
Anaconda Washoe Smelter
North Bure
Coalition Properties
Anafonde
Conway
Witwatersrand
Markets Review of Grains Metals and Oils Prices
The report outlines mixed grain activity with wheat and corn showing limited changes, oats steady and rye firm, while barley remains nominal. Metals edges include tin down and copper easing in London, with lead and spelter steady. Oil markets show crude and cottonseed softness, with refined petroleum steady. Provisions weaken on large receipts with hogs and beef varied, and sugar markets fluctuating amid rumors of Cuban sugar moves.
MENTIONED IN THIS ARTICLE
New York
London
Cleveland
Northern
Proagce Exchange
New Orleans
Philadelphia
City
Calcutta
Chicago
Kansas City
Omaha
India
South America
Brazil
Patna
Rangoon
Ifm Ib
Cuba
Pkee
Yale
Om Neal
Coffee and Cotton Markets Steady Amid Mixed U.S. Trade
New York April 27 1998 coffee market showed a steadier tone with demand from shorts and buying by bulls, closing with a net gain as sales reached 9 500 bags. Spot coffee remained quiet with Rio No 7 basis and U S warehouse deliveries rising toward the week’s total while Brazilian receipts remained light. Cotton fell to new lows on Southern selling and weak trade, with futures opening steady but sliding to a weekly decline amid weather and mill activity pressures.
MENTIONED IN THIS ARTICLE
New York
France
Havre
Longs
Shorts
Jundiahy
S.G
New Orleans
United States
Rio
Santos
Europe
The
Cape
Heio
Antos
Germany
Carolina
Hamburg
Juiz
Gulf
Galveston
Savannah
Thameston
Wilmington
Norfolk
Baltimore
Augusta
Memphis
St. Louis
W'sc
Houston
Little Rock
Houson
Cotton Exchange
Liverpool
Mid-Upland
Manchester
Kansas
New York Produce Exchange
Nebraska
Minneapolis
Droamhall
Manitoba
Market Report on Country Produce and Dairies
New York April 27 1905 report on beans peas and prices. Notes scarce rustic pea beans and firm to steady values for kidney and yellow eye beans. Butter and cheese receipts and prices listed. creamery and store butter varied with quality. Eggs and fruits including apples cranberries strawberries and citrus trade shown. hops hay poultry and rough market activity described with receipts and price ranges.
MENTIONED IN THIS ARTICLE
New York
Lima
California
Spere
Western
Pool Cabie
Ls. c
Local market prices for poultry and fresh produce from the Midwest
The report lists dry picked and scalded chickens and ducks with prices from 12 to 25 cents, geese and old stock values, and a wide range of frozen turkeys and broilers. It also covers abundant vegetables such as potatoes, onions, asparagus, beets, celery, cabbage, cucumbers, tomatoes, and many winter greens with per unit and per crate pricing, plus regional notes from Bermuda to Florida.
MENTIONED IN THIS ARTICLE
Indiana
Illinois
Long Island
Isc
Bermuda
New
Maine
State
Western
Jersey
Artichoke Califoria
Charleston
New Orleans
South Carolina
Celery
Florida
Chicory
Escarol
Norfolk
Baltimore
North Carolina
Georgia
Texas
Leeks
Orleans
Peas
Parsley
Curly
Bermudes
Crook Neck
Canada
Tomatoes
Chicago Grain and Provisions Market Summary
Chicago on April 27 saw weak wheat with July down to 98 3 4 cents and May near 97 1 2 as bearish sentiment dominated. Corn and oats were mixed with slight late firmness. provisions fell on lower hog values, with July pork at 13 1 4 and lard and ribs down. Estimated tomorrow’s receipts: wheat 21, corn 294, oats 255, hogs 16,000.
MENTIONED IN THIS ARTICLE
Chicago
Southwest
Liverpool
Russia
Nebraska
Minneapolis
Duluth
Kansas
European Produce Market Report from Liverpool
Liverpool market brief outlines spot and futures for wheat and other commodities on April 27. Wheat values show firmness and specific future months. corn and peas cited with steadiness. flour, bacon, pork, hams and cheese prices noted with regional variations.
Also Mentioned on This Page
Rush
P. R. R. Bonds
Montreal
Williamsburg Trust Company
Bank OF Germany
Mining Miner Company
Joseph Wharton
Frank A
I Bitar
Jersey City
Hoboken
New York City
Isla
Jer
Sem Inc
Ocean Er Henk and Tras Cos
Ann Sie
Rozz
Toned Ee Inc
Duc Borge
Well Street
Wuonwet Py van Schaick & Co
Anke
Hutt
Light & P
Union Trust
Nor Bank
Fidelity & Dey
General M4&reet
Country Produce Markets
Roxbury
Cape Cod
C. Do Lake City
Carolona
Serines
Porto Rico
Pacific Coast
Oregon
Hickens
Pennsvania
Interborough Rapid Transit Company
August Belmont
Public Service Commission
First District
Morton Trust Company
Wall Street
Interborough Company
Messrs. Lee, Higginson & Co
State Street
Sig
Toledo
Timothy
Chicago Grain and Provisions
Spoetform
Cumberland
Old Lake
Tierces
Clintom Gilbert
Liberty
America
Lance
Manhattan Co
Bronx Boroughs
Ful
Battery Park
Metropolis Bowery
Coat & It
Metropolitas
Hase
Mourt Morris "Hatham
Mutual Eas
Fidel
Park
First National
Tanh People’s
Fifth National
Fifth Avenue
Gallatin
Gera
Dweilfth
Greenwich
Union Exchange
Washington
Interborough _ Im
West Side
Irving Nat
Yorkville
Jefferson
Central OF Georgia
Indianapoli
Louisville
South Shore & Atlantic
Detroit & Mackina
Minneapolis ST. Paul & Sault Ste. Marie
BILE
Ohio
Peoria
Westes
Twin City
Chie & Northwest
Alabama Great Southern
Mes Central OF Georgia
Pacific
Cincinnati
Southern Railway
Detroit United
Sador
City Rapid Transit
Charles T. Barrey
York
South 4Th Street
Wees
TSR
Jenes Sosl
Sin
Am Cement
Lehigh Val R
Am Ry Co
Marsden
Intaxes & Pf
Cambria Steel
Phila Co
Penn RR
Fenn Steel Co
Fairmount Trac
Gen Asphalt Oe Phite Elec Co
Py Phila Rap Tri
Sup Corp
Untes
Cs. Lehigh
Welabach Co
Colorado& Southern Lines
Medias
Phila Elec
Phila Co Se
Franklin Min
Iss
Weat End
Mass
Mohawk Mt. Ord
Vei i Inc
Inc
Inc. Sau
Smn
Parner
Wolverine Mim
Miscer
U & Smellers Co
Jcredit
Alb & Susq
Sid
Hart & Connow
Alb & Vermont
Joliet & Chic
Tel & Calie
Allegh & West
Liz Us
Liv la
Riv
Avon
Beech Creek
Lowell
And
Aeahon Berkshire
Mine
Hé&Suh
Bleck S&f
Morris & Essex
Iva Bost
Aans
Ag Nash & Decatur
Best & Lowell
Ashua & Low
Best
Trans Conway
Hariem
Brooklyn City
Si Yue
Ie Cataw
North Penna
Northwest Te
Eden Mine
Chris
Cleve & Pitts
Osweme
Syra
Hillis
Pitts Fe
East Penn
Erie
Pitts
Second Avenue
Fitchburg
Sixth Avenue
South & Ar
Southwest RR
Franklin
NS Jrr&c
Man Utter Clin & B
GRR& Bcoodm
Utica & Elk
Goshen
Grand River
Jackson Gas
Kan City
Iter
Laffey Gas
Las Log
Bingham
Bel Mutual Buffalo Gas
Lee Paterson
Denver
St Paul Gas
Indianapolis
iSyra le
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