Frisco Sells Bonds to Speyer & Co to Meet Maturing Notes
The St Louis and San Francisco Railroad announces sale of 30 million dollars of 7 per cent gold bonds to Speyer & Co and syndicate managers. The issue funds will cover note maturities and reduce floating debt while aiding Rock Island. Speyer Brothers and international banks participate amid broad demand from U S and European firms.
MENTIONED IN THIS ARTICLE
St. Louis
Tribune
Yestergar
Rock Island
Frisco
Sperer & Co
Speyer & Co
Speyer Brothers
Loni
Speyer-Ellissen & Co
Frankfort
Deutscher Bank
Berlin
Teixeira de Mattes Brothers
Amsterdam
United States
Genkers
London
Paris
Loeb & Co
Sant
Kuhn, Loeb & Oo
Kuhn, Sved & Co
Sock Tsland and Harriman
Kuhn
Loeb & Co Co
San Fremesco
Memphis
Fock Island Bond Offering Details and Security
Sperer & Co. offer Chicago Rock Island & Pacific Railway bonds at 4.5 percent income with $9,000 end refunding mortgage and 4 percent gold ponds. Principal and interest payable. redeemable at 5 percent with accrued interest on or before April 19, 1880. Bonds secured by first mortgage on main lines totaling 1148 miles and Moline shops, with additional security through existing mortgages across 5.659 miles of leased lines. Legal investment for trustees and sav banks in New York and suitable for insurance companies. Treasury Department backed for public money deposits.
MENTIONED IN THIS ARTICLE
Sperer & Co
Yelding
Chicago, Rock Island & Pacific Rail
Geic
Chicago, Rock Island & Pacific Railway Company
Sperers
Chicago, Rock Island & Pacin Railway Company
St. Louis
Kansas
Ami
St Paul
Ms 2Ng
Moline
New York State
Treasury Department
Washingtotn
Atlantic Coast Line
Tae
Central OF New Jersey
Chicago & Alton
Ann
Seanad
Cuba
Nashville
Chattanooga
Norfolk & Western
Oles
Ue Ae Mos
Consolidated Exchange
Union Pacific
Stock Exchange
United States Steel Common Mace
Toledo
ST Louis & Western
Enest
Es Ing
Geieseensieall
ST ' Saan
At & Bis
Boston
Krooka
FR “ Dar & Co
Wall Street
Inter-M
Centra
Touls & Nash
Albany & Hudson O Marine
Pacific
Inc
Dee. Ie Shan
Oper
Pennsylvania Vnsis
ST J
Rock Island
Baleike
Clinton Gilbert
Walltree Southern Pacific
Jefferson
Liberty
Exas & N
Lincoln
Renue
Denvir
Rio Grande
Ronx
Manhattan Co i
Bowery Et
Butch & Drew
Mercantile
Titapper +s
Coal & I Nat
Academ
Mount
Western Union
Atham
Mutual A
Wisconsin Central
Nassau
New Netherland
Chelsea
Columbia
Com Exchange
Northern Natan
Fast River
Fidelity
Park
S. A
Blue Bell
Comstock
Fifth National
Plaza Aeons
Diamondfield
Ada
Pith Avenue
Elkton
Sherman
el Paso
Twelfth Ward
Greenwich
Washington
Hanover
West Side
Yorkville
Georgia Southern
Florida
Philadelphia
Bush
Ing
Charles D. Barney & Co
Etreet
New York
South 4Th Etreet
7S Inc
Am Cement
Lehigh Val RR
Ea Aid Am Ry Co
Cambria Steel
Phila Co. Yu
Lt & Tr
Kaw City Gas
Flec St Bat Co
Penn R R Co Si
Mutual
Elec Co of Am
Penn Steel Co
Am Gier Bato
E Fairmount Trac
I? Yteéee
Trezis
Pitts Con
Lake Sup Corp
Union Traction
UN Gas Imp Co
Lehigh Nerves
Weisbach Co
Pg&c
Pgce
Denver Gas
Ae Erie
Flee & Peo
Pau
Phila Co
Grose Revenue
Jackson Gas
San Francisco
Toronto
Julia
Kentucky
A & Lockwood
Susquehanna & Western
Belcher
Best & Belcher Oncesus
Beaver Little Nipis
Ophir
Buffalo
Te Caledonia
Overman Chamberland
Nipissing
Potoaloe
Nova Scotia
Coniagas
Peterson Lake
Sir Beicher
Trethesey
Govl4
Curry Oe
Hale & Norcross
Oneida County Finances Lax and Irregular, Report Says
Albany declares grave laxity and irregularities in Oneida County finances. State Controller findings cite failures to enforce tax law, improper bill audit, extravagent expenditures, and neglect by the Board of Supervisors. Report notes lost stub books and confusion in county records with possible board accountability threats.
MENTIONED IN THIS ARTICLE
Albany
Oneida
Marin
Clares
Careiess
Board of Supervisors
Board of Suvisors
Alhough
Emerson Winnipeg Line Survey Completed Across Red River
Winnipeg reports the Great Northern Railway survey from Emerson to Ross Avenue is finished. The line runs east of the Red River from Emerson to St Awathe, crosses to the west side, then heads northwest to the Ross Avenue terminal, linking with the Canadien Facife Railroad's newer branch.
MENTIONED IN THIS ARTICLE
Winnipeg
Great Northern Railway
United States
Emerson
Red River
St Awathe
Yume
Ross Evenue
Pereliel
Canadien Facife
Weme
Union Pacific Hearing Delayed By Government Antitrust Probe
The continued hearing before special examiner Sylvester G. Williams examined the proposed dissolution of a railroad cartel including Union Pacific Southern Pacific San Pedro Los Angeles Salt Lake and related steamship interests. Testimony covered stock transfers ship purchases and proxy voting among Harriman Rockefeller and other figures with Kellogg Evarts and Spooner present.
MENTIONED IN THIS ARTICLE
Union Pacific
Southern Pacific
San Pedro
Los Angeles
Salt Lake
Oregon Short Line
Pacific
Atlantic
Sylvester G. Williams
C. A. Severance
Frank R. Kellogg
Maxwell Evarts
John C. Spooner
Alexander Millar
Interstate Commerce Commission
Chicago
M. Millar
E. H. Harriman
William Rockefeller
Harriman
Atlantic Transport Company
A. P. Humphrey
FE. H. Harriman
Frank B. Kellogg
Standard Oil
Banking law reforms discussed by Treasury and bankers
Washington December hearing of the National Monetary Commission examined bank examination methods and proposed amendments to governance of national banks. Treasury officials including Secretary Corteliou and Controller Murray urged changes to curb infractions without closing banks, while bankers pressed concerns over director duties and governance.
MENTIONED IN THIS ARTICLE
Washington
National Monetary Commission
Treasury Department
American Bankers’ Association
Congress
Commission
Treasury
Corteliou
Narragansett Pier
L. A. Coolidge
the Treasury
Lawrence ©. Murray
Thomas ?. Kane
Mr. Murray
Murray
American Bankers’ Committee
W. H. Porter
Chemical National Bank
New York
Thomas P. Beal
Second National Bank
Boston
Ernest A. Hamill
Corn Exchange National Bank
Chicago
Raymond Suit Compromised
Judge Lockwood approves a compromise between Mrs Grace Raymond and the executors of James I Raymond 1908 civil suit. Mrs Raymond to receive 115000 dollars plus 100 shares Standard Oil stock in full settlement from a New York firm. Estate valued at 8 159 001 dollars.
MENTIONED IN THIS ARTICLE
Tribune
Stamford
Cenn
Lockwood
Probate
Grace
Raymond
James I. Raymond
A. ©. Vantine
New York
Standard Oil
Supreme Court of New York
Irving E. Raymond
Edward A Raymond
Adolph van Rein
Early Keats edition leads Lapham library sale total
At the third auction session in Anderson Auction Comparer rooms George H. Richmond paid $665 for an early edition of John Keats poems Three Small Volumes of Verse dated June 20 Fr A complete set of first editions of Thomas Hardy thirty nine volumes was bought by G D Smith A Tale of Rosamund Gray and Ola Blind Margaret by Charles Lamb fetched $260 Scribners purchased Mrs Leicester s School by Lambs for $206 G D Smith paid $70 for a complete 15 volume first edition of Charles Lever bound in green levant morocco This afternoon and evening conclude the sale
MENTIONED IN THIS ARTICLE
Lapham
Anderson
East 4Th Street
George H. Richmond
John Keats
Thomas Hardy
G. D. Smith
Rosamund Gray
Ola Blind Margaret
Charles Lamb
Scribners
Two Bank Executives to Join Major Firms January First
Henry P. Davison is leaving First National Bank to join J. P. Morgan & Co. as senior partner while Thomas W. Lamont will move from Bankers' Trust Company to become vice president at the First National Bank. Davison, born in Troy Pennsylvania, rose from teller to president of the Liberty National Bank before joining First National, and Lamont, a Harvard grad, has risen from secretary treasurer to vice president at Bankers Trust.
MENTIONED IN THIS ARTICLE
Henry P. Davison
First National Bank
J. P. Morgan & Co
Thomas W. Lamont
Bankers’ Trust Company
Davison
First National
Liberty National Bank
Troy
Penn
Bridgeport
Astor Place Bank
New York Law School
Clearing House Association
Fries
United States
Engiewood
N. J
Metropolitan, Union League
New York Athletic Clubs
Lamont
Claverack
N. Y
Harvard
Bankers Trust Company
Players
D. K. EL
Europe
American Bankers’ Association
George W. Perkins
Davisons
Perkins
New York Life Insuranceompany
Outside Securities and Railroad Earnings Report
The market showed renewed weakness across most outside securities with limited trading activity except for select mining shares that faced selling pressure. Late rallies emerged through short covering in a few issues, Nipissing slipping then regaining, Rawhide Coalition advancing, and Cobalt Central remaining weak as Chicago Subway fell. American Telephone and Telegraph 4s were strong in bonds but activity stayed light, with other issues broadly steady.
MENTIONED IN THIS ARTICLE
Nipissing
Rawhide Coalition
Cobalt Central
Chicago Subway
American Telephone and Telegraph
Gold Shipments Resume for Paris Steamer La Lorraine
Gold exports to Europe resume today after a five month pause with a shipment of 1 590 9 0 0 to Paris on the steamer La Lorraine. Lazard Freres had engaged half the export amount yesterday and 1 500 000 remains for a later steamer unless rates change. Bankers expect only modest further shipments. no engagements are set for Saturday. Kingsbury Foster announced no future reservations of gold bars for export.
MENTIONED IN THIS ARTICLE
Europe
Paris
la Lorraine
Lazard Fréres
Kingsbury Foster
Van Dyke Estate Incorporates to Handle Real Estate
Albany December reports the Van Dyke estate of Hastings on the Hudson with capital of 1000000? 100000? 100000 organized to deal in real estate. Directors include Edward S. Avery and H G Brewster of New York and H A Lindemann of Brooklyn.
MENTIONED IN THIS ARTICLE
Albany
van Dyke
Hastings-on-the-Hudson
Edward S. Avery
H. G. Brewster
New York
H. A. Lindemann
Brooklyn
Wheat prices hit top on Chicago market with strong close
Wheat prices on the Chicago exchange surged to season highs with December at 1 19, May 11 01 and July 10 24 as bullish buying and a crop expert report supported gains. Corn and oats weakened amid liquidations while provisions traded quietly and finished lower. Estimated receipts tomorrow include wheat 92 cars and corn 1 percentage car. hogs 39 40 head.
MENTIONED IN THIS ARTICLE
Chicago
Petus
Mississippi River
Minneapolis
Duluth
New York Livestock Market Report December 2 190%
Receipts total 75 cars of beef cattle and 1,442 head including 57 for slaughterers and 18 for the market. Steers in moderate supply with demand limited. prices steady to firm, best steer bids around 4.25 to 5.90 per 100 pounds. Cows and dressed beef moved slowly. veals and calves mixed. hogs receipt 1 car 1,408 head with Ohio hogs at 4.15 per 100 pounds reporting.
MENTIONED IN THIS ARTICLE
New York
Reed
Liverpool
Lendom
Adriatic
Southamptes
J. Shamberge & Son
Sanders
Virginia
Tobin & Shannon
Newton
Viringia
McPherson
J. G Curtis & Son
George & L. S
Dilienback
Jelnvs
Wright & Co
W. R. Hume
Hollis
Indiana
J. G. Curtis @ Son
St Jenliffe
W. B Otis & Co
H. H. Hollis
John P. Nelson
Andrew Mullen
Kerns Commission
S. Judd & Co
McPherson & Co
J. Grtis & Son
Vermont
Gevort & Co
West Virginia
In & Shennon
Commission Company
Andrew Muller
Ohio
J. G. Curtis & Son
Chicago Cattle and Hog Markets Steady to Higher
Cattle receipts about 38 000 head with steady to 10 cent higher trend. steer and heifer prices cited plus stockers and feeders. Hog trade strong, top near 5.95 with varied loads and packers bidding. sheep and lambs active with strong tone across regions. Cincinnati figures show mixed cattle and strong sheep and lamb pricing.
Market report from Liverpool December closing notes
Wheat prices steady with no 2 Western winter stout. futures quiet and spot American mixed. Canadian steady. flour and hops prices noted. pork and bacon markets show steady to easy demand with various cut prices. general market activity subdued and mixed across commodities.
MENTIONED IN THIS ARTICLE
Liverpool
Galveston
London
Pacific
Also Mentioned on This Page
Sppeyer & CO
Lien
Fock Island
Giynn
Union Pacific Hearing
West Coast Railways
Morgan & Co
Outside Securities
Industrial
J Fe
Alaska Mines
Ranner Mineen
Brit Colum Geet
Butte Calition
Butte & No
Calizona
mMé& L
Davis-Dc Istipa
Demin Co
Dougisas
el Raro
Eureka
Fur Creek
Giroux
Goldfield A
Kerr Lake
Miami
Mines Co
Montez
M&m
Pitts
Tintic T
Yukon Golg M
Beentenennrs
Atlanta Goldfield
Tor Leasing Eymm
Chicago Grain and Provisions
Telegraph
Kansas City
Dal
Cincinnati
Dec