Securities values rise on higher market levels noted
Trading activity shows 1,233,076 shares changing hands for the day, compared with 48,741 shares year to date. Yields and listings for the current period are contrasted with totals from early in the year and with figures from 1907, indicating a stronger market position.
American Securities Abroad Market Summary
London trading was inactive and irregular with a generally firm tone for U S securities. Quotations from Sew to New York show modest gains and varied closes. The foreign money market notes call money at 2 percent and discount rates for short and long bills, with Berlin and Paris rates listed. British consols quoted at 3 13-16 percent for account. French rentes at unspecified rates.
MENTIONED IN THIS ARTICLE
London
New York
Anmacon
Atchison
Pacific
St. Paul -Im
Erie
Lewis & Nash
Gestral
Pennsylvania
Izes
Reatine
Tm Pacific
Berlin
Paris
Paris Exchange
Herlin Exchange
Market sees steady gains as rail stocks attract buyers
Strong five hour trading lifts leading shares with gains of 1½ to 4 percent. The Bethlehem Steel optimism tied to Carnegie rumors boosts its stock while United States Steel remains favored by bonds holders. Brooklyn Rapid Transit leads gains as Wabash issues lag, and money market remains supportive for 1908 financing amid anticipated Panama bond remittances and potential reserve improvements.
MENTIONED IN THIS ARTICLE
Carnegie
Bethlehem Steel Company
United States Steel Corporation
Steel Corporation
Bethlehem Company
Brooklyn Rapid Transit
Interior Exchange
New York
Panama
Union Pacific
Southern Pacific
New York Central
St. Paul
Hill
Brooklyn Rapid Transit stock poised for dividend plans change
Report notes that just before the panic BR T directors planned to place stock on a dividend basis but reversed this amid the financial disturbance. Traders across several quarters are buying stock expecting the issue to join the dividend paying column in the new year.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit Company
Fragmented bond market scraps from an old ledger page
A dense listing of bonds and yields with numerous figures for corporate and municipal issues. Names, issuers, rates, and par values appear in a jumbled OCR fragment, suggesting a historical securities note or broker’s column.
Stocks Show No Trading Yesterday on New York Exchange
Last quotes indicate no transactions were reported on the NYSE yesterday. Adams Ex 173 181 200. Lac Gas 908 5 100. Am Coal 120 123. Lake Shore 2300 270. Am C O of B3ty 219 96. Long Island 51. Am Exp 202 192 210. Mackay Cos 74. Am Malt 65% 7. Md Coal pf 97. Am Snuff 200 200. M & St L pf 98% 0. Am Stl Fdy 109. Ms Passtpt 145% 148% 149. H & Ch 122. E&s pf 52% 47% 45. do pref 47% 45. Am Su pf 120 128 180. N imT&C 78. Zephyrs etc. The day’s closing prices show varied activity across multiple issues with several unchanged or minor fluctuations.
MENTIONED IN THIS ARTICLE
ilis-Chalmers Co
Allis-Chalmers Co. Pr
Amalgamated Copper
American Agr. Chemical
American A. . Chemical Pr
American Car & Foundry
Atchison
Atchison Pr
Baltimore & Ohio
Bethlehem Steel Bra
Bethlehem Steel
Brooklyn Rapid
Chicago & Alton
Chicago Great Western
Chicago Great Western Pr. A
Chicago Great Western Pr B
Chi
Great Western
St. Paul
Mil & St. P
iChicago & Northwestern
Paul, M
Chicago Union Tract
Stpd. Oe
Colorado Fuel Big
iColorado Southern
Colorado Southern
Denver
Rio Grande
Iim
Pistilling Securities
Erie
Duluth
South Shore & At
Erie Ist Pranes
Generallectric Co
Great Northern Pr
Great Northern
Havana Electric Railway
Illinois Central
Interborough-Metropolitan
Interborough-Metropolitan Pr
Clintor
Gilbert
Wall Etreet
America
Jefferson
Liverty
Jaime National
Lincoln
Bronx
Bose
Manhattan Courrant Park
Metropolis
Mercantile
Dror
Consolidated
Mount Morris
Chase
Opny County
Chelsea
Ryan
New Netherland
Columbia
East River
Pacific
Park
First National
People’s
Fifth Nations
Sn Phenix
Seaboard
Sherman
Twelfth Ward
Germania
Greenwich Or
Union Eara
Washington
Imp & & Trad
Yorkville Annes
New York
Arkea Bid
Kan City Gas
Paterson
Syra
Joere St
Jackson Gas
Adams
LE & W
Lake Shore
Long Island
Mackay Cos
Man Beach
MD Coal
jMidh
M & St L
H & Ch
TIS
Bis
E&s Pf
Ann Arbor
Bkin U G
Brunswick
Ca Ooh C& el
Iso S B & Q
Cm&sp
Consol Coal
Dss&a
Granby M
Hock
Ing- R Co
Aoe
Power
MO Town
Jean Au Kan
Allis—Chalmers TN
Car & Fary
Smelling Seettree
Coast Line
Balto & Ohio
Central Panenes
Canadian Pacific
Sis
Oso Ches & Ohio
Mil & St P
Gt West Lai
Cc & St L
Col Fuel & Iron
Lave
Su Colorado Southern
Ini Det & Hudson
Denver & Oe Grasante
AP Biss
Mos Inn
Interboro
Louis & Nash
Norfolk & West
Pacific Mail
Republic Steel
Beech Island Ak
Southern Pacific
Tennesweec
Tosas & Pacifie Um Us
Third Avenue
Omar
Do Sisson
Wisconsin
Money Market And Exchange Report
Money on call opened at 3 4 percent with highs at 3 percent and lows near 2 percent, closing around 2 1 4 percent. Time money ease expected amid ample offers and modest demand. Foreign exchange opened steady with cables near 4.87, demand sterling about 4.87, later eased midday, then firmed again. Bank clearings show New York over 412 million, Chicago near 89 million, Boston 28 million. Sub Treasury notes debited to Clearing House for 1.25 million.
MENTIONED IN THIS ARTICLE
Mercantile
Imand
Biter
Germany
Reichemarks
Paris
Belgium
Switzerland
Holland
Boston
Chicago
San Francisco
Sight Sc
New Orleans
Charleston
St. Louis
New York
Baltimore
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
Ferry Companies Bid and Asked Prices Reported
A brief listing shows bids and asks for Brooklyn and Union ferries. Entries include Brooklyn Ferry at 324% and 10th and 234 St with bond quotes, plus Union Ferry and New York area rates.
MENTIONED IN THIS ARTICLE
Brooklyn Ferry
Union Ferry
Outside Securities Gain Amid Quieter Trading
A firmer tone appeared in outside securities with higher activity in mining shares and several specialties. Standard Milling rose, Standard Oil gained 3 points, and National Railways of Mexico second preferred edged up. Nevada Consolidated and other mining names such as Kerr Lake United Copper Miami Goldfield Con solidified gains while Consolidated Arizona Smelting dipped on a reorganization plan before recovering. Bond activity showed Chesapeake & Ohio 5s rising about 2% in a small upturn. Brazilian 58 remained firm though less active.
MENTIONED IN THIS ARTICLE
Standard Oil
National Railways of Mexico
Nevada Consolidated
Kerr Lake
United Copper
Miami
Goldfield Consolidated
Nevada-Utah
Consolidated Exchange Shows Strong Early Day Activity
Heavy public interest grows as Consolidated Exchange records more small trades in first hour than any prior period since the new building opened. Traders shift from bullish to selling, then back to buying as prices drift and later firm up. End-of-day quotes show Union Pacific and Southern Pacific near day lows with minor gains.
MENTIONED IN THIS ARTICLE
Consolidated Exchange
Exchange
Stock Exchange
Union Pacific
Southern Pacific
Reading
Organization Officers and Members Listed
Official roster lists Edwin Gould as President with William H. Taylor as first vice president and Charles P. Armstrong as second vice president. Other officers include John A. Hilton as third vice president and treasurer and William M. Laws as secretary. Multiple directors and members named across a long roster follow.
MENTIONED IN THIS ARTICLE
Edwin Gould
William H. Taylor
Chas. P. Armstrong
John A. Hilton
3D V.pres. & Treag
William M. Laws
George J. Gould
Edward T. Jeffery
Winston S. Pierce
Penaide B. Schenck
William Skinner
George T. Smith
Andrew Squire
John P. Truesdell
Charles M. Warner
Fidelity and Casualty Company annual stockholders meeting
Annual meeting of Fidelity and Casualty Company of New York for election of directors and inspectors of election to be held at 97 108 Cedar Street New York on Tuesday January 5 at 12 noon with polls open until 1 pm. Also notices Nova Realty Company meeting at 200 West 72nd Street New York January 7 at 4 pm to elect five directors and conduct other business.
MENTIONED IN THIS ARTICLE
Columbia Storage
Columbus Avenue
City of
New York
Fidelity and Casualty Company of
Cedar Street
Fidelity and Casualty
Nore
Aanstald
Nova Realty Company
West 72Nd Street
Borough of Manhattan
City of New York
Mer
Bank of New York Directors Elect Henry D Cooper
The Bank of New York reports that at a board meeting Henry D Cooper was unanimously elected a director to fill a vacancy. The notice also states the bank’s annual director election will be held January 12, 1909 at banking rooms between 12 M and 1 P M with H H Powell acting as cashier.
MENTIONED IN THIS ARTICLE
New York
Henry D. Cooper
Chas. Olney
Also Mentioned on This Page
NEW York Stock Exchange
Au Sete
Kansas City
Actu
Nsas City
Thy
Ft. Dy
Lake Erie
Louisville
Marine Pr
Slider Zn
Mackay Cos Asecreds
Texas
Missouri Pacific
National Bisc
National
Enan Wa & Stpg
Lea
Newhouse M. & Jake
New York Central Ij
N. Y
N._J. Tel
New Haven & Hart
Ike
Ont
West Western
Hasan Norfolk
Northern Pacific
Northern Pacific Ctfs
Pennsylvania Railroad
People’s Gas & Coke
Pittsburg Coal
el *Railway
Reading Et Ak
Readin Ist Jape
Republic Iron & Steel
Blic Iron & Steel Pr
Southern Railroad
Tennessee ‘Copper
Texas & Pacific
Third Avenue Railroady
Toledo Railways & Lig
Toledo, St. Louis
United Railway
United Railway Investment
Cast Iron Pipe & Fox
In. & Realty & Impana
United States Rubber
United States Rubber 1St
United States Steel
Wheeling & Lake Erie
Wisconsin Central
New York City
Guaranty Trust Company of
Wassan St
Lombard
Boné Department
Foreign Department
U.S. Steel
Curtis, Freeman & Co
New York Stock Exchange & Brosd
Congress St
Eveston
Trey
Greenbush R
Rome
Watertown
Ogdensburg
Joseph Walker & Sons
Broad Street
Carlisle & CO
Broadway
N. J
Yankee Fuel Co
Frederic H. Hatch
Mee
Lincoln Trust CO
National Park Bank
National City Bank
First National Bank
Clinton Gilbert
Wall ST
Fred'e F. Marquard
Consolidated Stock Exchange of
Broad ST
Aston J Thomas
Reinhardt
Thee
American Securities Abroad
Cheap Price
Jose
Do Ist Inc
Alb & Susge
Allis-Chaim
Ga. Ao
AT & S
PAC Tas Bottcatens
7Th Ave
Do PC & T
Bkin
Penn Court
Peo & E Inc
RW & Og
St Lynn & So
L& SF
Lst
Elec L
Union Pac
Erie Lst
Steel SF Ss
ORNOR
Atone
Jeff
Westingh
Raven Ae Pees
Rot
New C Coal
Nyc&sl
Lylis
Peo & E
C&st
Pitts Coal
Quicksilver
Rens & Sar
See
U Cig M
USCIP
C_s
S Leath
Ussr
Vandalia
ValCé&c
Vulcan Det
Wells-F Ex
Money and Exchange
Ferry Companies
Guardian
the Trust Company
Amerig
Gresham St
Outside Securities
Industrial
Writ Paper
Matl GutaWnt
Bay State Gas
Houston Oil
Inter Salt
Standard Salt Railroad
Chicago Subway
Peewee
Butte Coalition
Butte & B
Ariz
Com-Ely
Domin
el Rayo
Eureka
Florence Z Wee
Fur Creek
Giroux
Goldfield Con S
Goldfield
Little Florence
Mason Valley
Utah MS
Y Cod Lea
Nipissing
North Butte
Ohio
Ing
Ches & O
Liz
Bowling Green Trust Co
Gary and
Ways and Means Committee
Lawyers Title Insurance and Trust Company
Alchrader
Office of
A. Schrader
Springfield
Ilinois
Chicago, Peoria & ST. Louis Railwa&t Company
Illinois
Messra Dent,almer & Co
William Street
H. W. Berger
Leon Goldsmith
the Bank of New York
National Banking Association
Irg
Bullionwees
Soo Crocker
Golcfield
Toms
Jim Butler
Aessnee
Montgom
Ophir
Portland
Potesi Uli A
Swartweut & Appenzellar
American Ct
Tel & Tel
Atlantic Coaat Life
Ches & Ohio
Lw Chie & Alton
Ri& P
Interborough
R & Lépe
Wah Lackawenna Steel Ay Teese
Rele Hs
Louiaville & Nash
Nh& H
Marca Os
Ee Public Service Corp
Southern Railway
Wits
Renee Los Vo
Tuttea
Wabash
Westinghouse E & MG