Fear and Rates Slow Market Activity in Opening Trade
Closing prices yesterday across principal active securities show mixed changes from Thursday. Heavy fear of weak bank statements and higher money rates restrains activity as indexes lift and fall with major rails, steel, and energy shares edging lower while some financials hold steady.
Railway Stocks See Broad Activity in Daily Exchange
Actual sales reflect wide price moves across railroad and utility issues with notable volumes in Adams Express, Amer Tel and Tel, Reading, Union Pacific, Southern Pacific, and several do pref issues. The day closed with broad trader activity and total sales around 2,362,851 shares.
MENTIONED IN THIS ARTICLE
Car & F
Top & S
Ohio
Pacific
Necoue & Ohie
Gt West
Tj Aary
Mil & St P
Natons Bay Erie
Ili Central
Louis & Nash
Theo Manhattan
Wire Asylva
Rep Steel
Rock Island
St L. Southw
Southern Pac
Texas P One Assay
Union Pac A
Uw S Leather Ae
S Steel
Ta West Union
Adams Express
Albany & Sus
Allis Chal Co
Anne Hide
In Tal Ps
Amer Bic
Ceosd
Amene & Pan Do Pi
America
Coi
Amer Cotton
Amer Dist Tel
Amer Express
Amer Twine
Amer
Amer Tel & Tel
Amer Tele
Amer Woollen
Anaconda
Ann Arbora
Penn R R
Peoria
East
Peo Gas & Ke
Pere Marquette
Atchison
Eali & Ohio
Boston
Chicago & Alton
East M
Fleae
Chic & Northw
Col & South
Col & HC & Ir
Consol Coal
Nsol
del & Hudson
del Lack & W
Deny & Rio Gr
M & Fi
Detroit Southern
Union Rr
Erie
Evans & T H
W & D City
Gen Chem Co
Gen Electric Co
Northern Pl
Hockingley
Mlinois Central
Iowa Central
Anne & Mich
Kan City
KC F&m
Keok & den
Long Island
Man
Siz
Manhattan el
Street Ry
Michigan
Minn & St Louis
Geri Mc Kan &Tex
Missouri Pacific Nath & Chat
Nat Biscuit
NH & i
Ont & W. Orfolk & West
North Amer
Ontario
Uptm
W &Ch
Lo Pullman P
Quicksilver
Reading
Rens & Sara
Rep Iron & Stl
van Rock Island
Rome W & Od
Rubber Goods
St Jos & Gr T
Stl
San Er
St Louis
Gov
St & Ir
Southern Pacific
Southern RR
Tenn Coal & Ir
Teo Tolly & Light
Texas & Pacific
Do Land Trust
Third Ave RR
Peo & West
St L & W
Union Beg & Pi
Union Pacific
Ry Inv Co
Brest
Wells Fargo
Joe Ae
Wisconsin Cent
Rock Island Company of New Jersey Dividend Right Clarified
The Rock Island Company of New Jersey states its common stock dividends are non cumulative and may be paid after the first year of existence, only after reserving a 4 percent preferred dividend.
MENTIONED IN THIS ARTICLE
Rock Island Company
New Jersey
Irregular stock market with broad declines and liquidity fears
Trading was light and prices highly irregular with a general bias lower. Final quotations showed net losses in most issues as fears of a weak bank statement and higher money rates influenced activity. Several rail and industrials led declines while Rock Island preferred stood out as a strong feature amid a cautious market tone.
MENTIONED IN THIS ARTICLE
Brooklyn
Pennsylvania
Reading
Union Pacific
United States Steel
London
Call
St. Paul
Delaware and Hudson
Louisville
Nashville
St. Louis
San Francisco
North American
Rock Island
Rock Island Preferred
Southern Pacific
People's Gas
Sugar Refining
Missouri Pacific
New York Central
Great Northern Preferred
Government Bonds and Railroad Bond Market Notes
Market steady for government bonds with final quotations listed including various 1908 7 3s and 1907 6s. bids and asks recorded. Railroad bonds move fractionally lower with total sales par value $1,649.50, led by Atchison general 4s and Central Pacific 4s among others.
MENTIONED IN THIS ARTICLE
Atchison General
Central of Georgia
Central Pacific
Chicago
Burlington and Quincy
Rock Island
Money and Exchange Market Wrapup
Money on call opened at 6 percent, with highs near 6.2 and lows around 4 percent, last loan at 4.2 percent and close at 6 percent. Time money quoted 6 percent for all periods. Commercial paper at 6 percent for 60 to 90 days and for longer terms with variations. Foreign exchange market closed firm with closing rates for sixty days and demands listed across multiple currencies. Domestic exchange shows various city rates and discounts. Bank clearings reported for New York Chicago Boston Baltimore Philadelphia. Foreign money market notes Caill money in
MENTIONED IN THIS ARTICLE
Peerlimg
Paris i
Belgium
Switzerland
Germany
Reichsmarks
Bolland Guilcers
New Orleans
San Francisco
Boston
Charleston
Chicago
Cincinnati
Savannah
New York
Baltimore
Philadelphia
Bond Market Snapshot Averages with 1.65 Million in Sales
The list shows numerous bond issues across utilities railroads and banks, with yields and par values noted. Major items include North West Pa, Penn 31a, Reading Gen 4s, and New York Central lines, with total bond sales reaching 1,649,500 and an overall average around 128 percent.
Open and High to Low Market Snapshot May Option Sale
Market report shows bid ask data with open, high and low prices and last sale. Indicates option activity and price estimates with 73 and 75 percent figures and a principal sale of 675,000.
MENTIONED IN THIS ARTICLE
Ing. Est
Best & Belcher
Imports of dry goods at Port of New York week ended Dec 6 1902
The port of New York reports imports and market throw on dry goods for the week ended December 6, 1902. Figures show values for 1901 and 1902, including entered at the port and thrown on the market, with totals by January 1.
MENTIONED IN THIS ARTICLE
New-York
Philadelphia Stocks and Bonds in Mixed Bid Asked Quotes
Market snapshot shows bid and ask prices for alkali, North Penn, Am Ry Co Phila Co, Penn R R Co, Penn Steel, Cambria Steel, Electric and rail stocks, utilities, and various bonds. Notable entries include Penn R R Co at 78 bid 78½ asked, Phila Elec Co at 5⅝, and Lehigh Nav at 70. Bond listings include Nat Asphalt and Gas Imp Go with small fractional quotes.
MENTIONED IN THIS ARTICLE
de Haven & Townsend
Wall-st
Alkali
Eves
North Penn
Am Ry Co
Phila Co
Cen L Sup
Penn R R Co
Penn Steel Com
Cld
Cambria Steel
N J
Penn el Veh Co
Diamond Steel
Elec St Bat Co
Phila Elec Co
Phila RT
Phila & Eric
Sus Iron & Steel
Tidewater Steel
Lehigh Nav
Cos of NJ
Lehigh Val R
Union Traction
Asp Co
Newark Pass
Ind P_Ry-Co
People’s Traces
Union Trac
Marsden
Nat Asphalt
Welsbach Co
Aska
Albany
Susq
Tas Alleg & West
BR & P
Augusta & Sav
J&s
Beech Creek
Nyc
Boston & NY
A&o
P & RB
Cayuga & Sus
Dl& W
Camden & Furl
Clevel & Pitts
Penn
Columbus
Xenia
Meord
Montreal
Pass
Bost & L
P&a
RB & Mp
le JS & I
Garr&b
G & Stock Tel
West
Greene
T&d
Inter Ocean Tel
A&e
Ls&ms
Lake Shore
LS & M
S&i
Miami
J & Louisiana & M
Mine Hill & SH
P & FR
Mobile
Ohio
South
Morris & B
Morris & Essex
Nash & Decatur
North Carolina
Erie
Northwestern
Colony
Phila
Trenton
Pitts B& L
Carnegie Steel
B&le
Pitts FW & C
Pmck & Tiple&ls
Port Saco & P
Bost & Saat F&i
YNH
Rens & Saratoga
del & Hy
Wall Street Notes on Foreign Trading and Money Movement
Foreign houses were inactive in New York markets with about 5000 shares traded and little market impact from London. Reports detail loan quotations for major securities, a drop in American Bicycle shares, and a mixed money movement showing gains at the Sub-Treasury from banks but net losses after customs and revenue collections.
MENTIONED IN THIS ARTICLE
London
Paris
Berlin
Amalgamated Copper
Anaconda
American Ice
Atchison
Brooklyn
Western Union
Republic Steel
Union Pacific
Colorado
Fuel and Tron
American Bicycle
St. Paul
New-York News Bureau
Sub-Treasury
South America
Customs
Internal Revenue
New York
Seattle
Express
Interior
Manhattan
Wall Street Journal
American Car and Foundry
Missouri Pacific
Bangor Aroostook
National Salt Company of Mexico
Kansas City Southern
San Francisco
Missouri
Kansas
Ee Ae
Bradstreet
Far West
Southern Pacific
Western Steel Car and Foundry
Pressed Steel Car
Stock Exchange
William P. Bonbright & Co
New York Stock Exchange
Middle West
Colorado Springs
No. 16
Wall St
C. W. Hillard
Chicago
St. Louis
Hillard
Heavy Corn Exports Reach New Weekly High
Export figures show corn shipments for the week ending yesterday at 1 51 483 bushels, the highest since early October. Compared with last week, exports rose by 896 589 bushels, and were up 788 719 bushels from the same week last year. Wheat exports increased over the prior week as well.
MENTIONED IN THIS ARTICLE
Bradstreet
Letober
Metober
Rock Island Dividends Explained By Jersey Holding Firm
A clarified official statement outlines how dividends flow from the old Rock Island Railway to the Iowa corporation and then to the Rock Island Company of New Jersey, with preferred stock at 4 percent annually through 1908 and 5 to 6 percent thereafter, while common stock cannot pay dividends until July next year under New Jersey law.
MENTIONED IN THIS ARTICLE
Rock Island Company
New Jersey
Chicago, Rock Island and Pacific Railroad of
Iowa
Sweer and Bolder
Chicago, Rock Island and Pacific Railway Company
Rock Island
Rock Island Company of
Chicago, Rock Island and Pacific Railroad Company
New Iowa Corporation
Iowa Corporation
Rock Island Cmpany
Rock Island Company of New-Jersey
New-Jersey Company
New Jersey Company
Federal Steel
New-Jersey
New- Jersey
Condition of Trade From Dun's Review on Prosperity and Markets
Dun's Review reports confidence in ongoing prosperity under President Roosevelt's recommendations and notes no expected harmful Congress actions. It highlights improved money conditions, growing industrial activity, and stronger railway traffic with November earnings up. Seasonal weather boosts winter trade while various sectors including dairy, iron ore, and wheat show favourable trends as farmers prepare for continued demand.
MENTIONED IN THIS ARTICLE
Roosevelt
Busines
Congress
Reading
Fall River
Bradstreet
Outside Securities Slide With Dull Market Tone
The outside securities market opened dull and irregular with little demand. Northern Securities remained the active feature though volume was light, slipping early then recovering losses by close. Prices for many issues edged lower with a mixed bag of gains and declines across rail, oil, and manufacturing stocks.
MENTIONED IN THIS ARTICLE
Virginia Tron
Interborough Rapid Transit
Standard Oil
National Enameling Common
New-York Transportation
Montreal
Boston
Trenton Potteries
Greene Consolidated Copper
Royal Baking Powder
Consolidated
Gas Companies New-York Bid Asked
Bid and ask quotations for New York gas companies listed across multiple securities. Notes include Con U Gas 5s 100 lit with NY&Eq Ist 5s at 114 and 115, Con Deb 5s 110 and 115, do conm 1L Eq Ist, Con Ss 17% at 119, Mutual 34000 AMD, and N Am G ist 5s at 107 and 109.
MENTIONED IN THIS ARTICLE
Frederic H. Hatch
American Thread Co
Amer
Press Association Ass
Soda Foun
Soda
Hs Barney
Bay State Gas
Borden
British Columbia
Chesebrough
Bidgie
Dominion Securities
Empire Steel
Hall
Hackensack
Havana Tobacco
Marvin
Hoboken Land
Hudson River
Eee
Emousnan
Stetson
J&s
B. Stetson
Madison Square
Centhater Linotype
Ise
Montreal
Boston
New England
Msol
N. Y le & Imp N. Vv
N. J
Niles
Bement-Pond
Northern Securities
Otis Elevator
Peel Qs
Dominion
Waelsh Packing & Pacific Icking & Nwav
Pratt & Whitney
Air Line
Aes Oat
Simmons Hardware
Singer Mix. Co
Joe Standard Oil
Oeren
Standard
Ferris
Tennessee Copper
Trenton Potteries
Ferry
Union Switch
Union Switch & Signal
Union Typewriter
A&d
Universal Tobaccom
Universal Tobacco
Sirsawa
S. Shipbuilding
Aseunsent
Westinghouse
Worthington Pump
New-York
Guaranteed Stocks Quoted by Walker & Sons
Quotations furnished by Joseph Walker and Sons of Ma a Broadst list guaranteed stocks. The brief item notes market quotes and brokerage attribution, with no further details on prices or specific securities.
MENTIONED IN THIS ARTICLE
Joseph Walker & Sons
Bank Stocks Report by Clinton Gilbert
Clinton Gilbert reports on bank stocks at No. 2 Wall Street, detailing performance and notable movements across financial institutions.
MENTIONED IN THIS ARTICLE
Clinton Gilbert
Chicago
Tracy & Co
Wall St
Lake Street
Northwestern
Ss Metropoli Itan
Railroad earnings across lines for weeks and periods
Earning figures for several railroads including Chesapeake and Ohio Great Western Detroit Southern and Kanawha and Michigan for periods from July 1 to November 30 and the fourth week in November. The data lists miles operated and dollar amounts reflecting revenue and accounts across lines such as Duluth South Shore and Atlantic Mexican Central and others with varying totals and weekly summaries. The report compiles scattered numeric results showing performance across multiple carriers and routes.
MENTIONED IN THIS ARTICLE
Chesapeake and Ohio
Jowa
Kanawha
Michigan
Also Mentioned on This Page
Amal Copper
Wa T
am C&@ F
North West
Ts ‘Am Sugar
Peo G& C
Am Locom
Penn E R
Top&sf
Kraft & Ohio
Brookisn RK T
Canadian Pac
Rubber Goode
Conse
Sloss Sh
Xslen & BG
Ifemn C & 1
Wie
PERE
Gen Electric
Fock Valley
Viliness Central
Y South
Ran , Tauts & Nash
Wabash
West Union
Wis
Berlin Exchange
Paris Exchange
Madrid
Lisbon
Buenos Ayres
Washington
National Bank
Clearing House
Ate&ef Ee
North Pac
Tn Parc
Cri&p
Wahat Dure Mex Cen Ist Inc
West Shore
THE
Consolidated Exchange Sales
BONDS
American Securities Abroad
Ameri
Jose
St Paul
Willnois Gentral
Neshville
Mae
New-York Central
Fenneyivenia
Ie Southern Pacific
Ene Union Pacific
Ts Steel
Money and Exchange
Bouse
NY & Wn
Wits
Joo Odo
C&s L
RG West
L & TM
St_P & NP
Joos T
Goa
D&e RG
Mane W & LE
R. L. Day & Co
Nassau St
Bost & Albany
Shoemredo
Boston & Me
Boston Lev
Atlantic Mining Ciret
Arcadian Mining
de Pref
Bingham Mining
Fitchburg
Cal & Hecla M
Nynhe&h Centennial
Old Colony
West Sax Franklin Mining
New-Eng
Parrot Mining
Quincy Mining
Westing Ebilec
Nesses
Wolverine M Tom Iron & Stl
U S Mining
Dominion C
U S - Se
Wall Street and Exchanges
Dun
Outside Securities
Acker, Merrall & Condit
F&a
Jas Barney & Smith
Brooklyn Ferry
Graviat Iy
Gravi Vator
A&o Hecker-Jones-Jewell
Mé&s
Hoboken L. & I. M&n
International Sfive J&vp
Madison Square Gard
M&n
Maine Steamship
Metropolitan Ferry
Uz J. Steamboat
M&w
New- York Biscuit M&sikbey J & N
Vt&st
Swift & Co
Ist
Lee Texas & Pacific Coal
Il & W
Dh P
Encanada Do
THO & Ind Gas
Pat & Pas Gas
Pitts
Col Gas
St Jo
Denver Gas
Asios America
Astor National
Bowery
Broadway
Butchers & Drov
Chase Wee Ae
Bi-m. J
Columbia
Corn Exchange
East River
J. & J. Equitable Ms
Fidelity
Ifth Avenue
Coe Tr
Fourteenth Street
Gallatin
O. Gansevo
J. Pa
Lassan C SaKy
Bank of Te
North America
Eople
Wwe We. MI
J. Itth Ward
Kington
Zimmermann & Forshay
Pate
Saxony
Hamburg
Cologne
Munich
Augaburg