Securities Close Strong Amid Market Figures
Securities close strong with combined balances in Chicago exchanges totaling 26 million and foreign money markets showing call money in London at 4 percent. Berlin and Paris discount rates are noted, with gold premiums in Madrid Lisbon and Buenos Aires. Government receipts display daily and year-to-date totals, while the Sub-Treasury records a Clearing House debtor balance of 486,871.
MENTIONED IN THIS ARTICLE
Chicago
London
Berlin
Berlin Exchange
Paris
Paris Exchange
San Madrid
Lisbon
Buenos Aires
Washington
National Bank
Sub-Treasury
Clearing House
Traction Stocks Lead Advance Amid Stable Money Market
The market shows uneven gains with May closing up on strong traction shares like Brooklyn Rapid Transit. Volume reaches 363107 shares as call money holds near 9 to 10 percent. outlook remains cautious though optimism grows for a future upward move on solid earnings and a large money pool ready to stabilize conditions.
MENTIONED IN THIS ARTICLE
Brooklyn Rapid Transit
St. Paul
Erie
Missouri Pacific
Pennsylvania
Reading
Rock Island
Sugar Refining
Government and Railroad Bonds Market Report
Market firm for government bonds with final quotations and counts. Railroad bonds show total par sales of 31,056,000 with heavy activity in Baltimore and Ohio gold 4s, Central Pacific 4s, and others including Chicago, Burlington and Quincy 4s and Union Pacific convertible 4s. Consolidated Tobacco 4s also active.
MENTIONED IN THIS ARTICLE
Baltimore and Ohio
Central Pacific
Chicago
Reading General
San Antonio
Aransas Pass
Third Avenue
Union Pacific
Wabash Debenture
Consolidated Tobacco
Market Report on American Securities Prices
London markets at 4 p m on December 24 show irregular trading in American securities with final prices listed in the follow-up. The report records varied bids and asks reflecting unsettled conditions across key issues and sectors.
MENTIONED IN THIS ARTICLE
London
Money Market and Foreign Exchange Report
Money on call opened at 9 1 2 percent with high 10 percent and low 5 percent, last loan 6 percent, close not shown. Time money 6 percent for 60 90 days, 5 6 percent for four to six months. Commercial paper 6 percent 60 90 days, 6 69 6 percent for choice four and six months. Foreign exchange market closed steady with closing rates for Sterling Ameren Francs and Guilders. Bankers posted sixty days rates and domestic exchanges listed for New Orleans San Francisco Boston Charleston Chicago Cincinnati Savannah. Bank clearings reported for New York Boston Baltimore Philadelphia.
MENTIONED IN THIS ARTICLE
New Orleans
San Francisco
Telegraph
Boston
Charleston
Chicago
Cincinnati
Savannah
New York
Baltimore
Philadelphia
Bond issuers and rates in Newark area securities brief
Fragmented OCR notes list Asp Co of Am Se 21 percent Ind P Ry Co 5s 10812 NW J Con 5s 107 percent Nat Asphalt Ss. Wu 1m Bonds. 22 Newark Pass 5 .116 percent 117 percent ngts People's Trac 45.104 195 Union Trac 4s 98 RLy.
MENTIONED IN THIS ARTICLE
Mex Cent Ist Inc
T & S F Adj
B& OG
Ao Sw. T Bs
L & Col
Csce
C& C
OR & N
Asoo
L&i
Col
Tex & P
Jian Ag
Erie
Union
W & DC
Wiunf&r E
Av & P
L & N Uni
DIM Do
Asp Co
Am Se
Ind P Ry Co
Newark
People’s Trac
Union Trac
Wall Street and Exchanges Foreign Trading Report
Foreign houses traded under 3,000 shares in the local market with even distribution. In London realizing caused a lower price range, with declines extending from to.
MENTIONED IN THIS ARTICLE
London
Stock Market Activities and Dividend Declarations 1902
The report covers steady, inactive markets in London and New York with unchanged consols and a wide list of loan quotations for major issuers. It notes new listings by the Stock Exchange including Beech Creek Railroad and Kings County Electric Light, plus several first mortgage bonds. It also reports on dividend decisions for St. Joseph and Grand Island Railway, Wabash earnings, Sub-Treasury transfers, and quarterly dividends for American Tobacco, Rock Island, Manhattan Savings, German Savings, American Woollen, and John B. S. Son Company, with details on rates and payment dates.
MENTIONED IN THIS ARTICLE
New York
London
Amalgamated Copper
Anaconda
American Ice
Atchison Common
Preferred
Brooklyn
Louisville
Nashville
Manhattan
Missouri Pacific
New York Central
Northwestern
Norfolk and Western
People’s Gas
Reading First
Rock Island
St. Paul
Southern Railway
Southern Pacific
Sugar
Tennessee Coal and Iron
Union Pacific
United States Steel
United States Leather
Wabash
Western Union
Republic Iron and Steel
Stock Exchange
The
Beech Creek Railroad Company
Kings County Electric Light and Power Company
Elgin, Joliet and Eastern Railway Company
St. Louis, Iron Mountain and Southern Railway
First Consolidated
Atlantic City Railroad Company
Cincinnati
Lebanon
Northern
ST. Joseph
Grand Island
New Orleans
Roberts
San Francisco
American Tobacco
American Tobacco Company
Chicago, Rock Island and Pacific Railway Company
Intepest
Manhattan Savings Institution
German Savings Bank
American Woollen
Boston
Theican Woollen Company
John B.S Son Company
Simon B. Blumenthal
Zimmermann & Forshay
Blumenthal
Zimmermann
U. S. Shipbuilding Posts First Quarter Earnings
United States Shipbuilding Company files with the New York Stock Exchange to list its securities and presents earnings for the quarter ending November 30. Net earnings total 1m with deductions for reserves and interest leaving surplus net earnings of 697,217, implying a 6 percent basis on stock after all charges. Bethlehem Steel-linked obligations noted. New-Amsterdam National Bank declares quarterly dividend of 8 percent on common and over 7 percent on preferred.
MENTIONED IN THIS ARTICLE
United States Shipbuilding Company
New York Stock Exchange
United States Steel Corporation
United States Shipaond Ae Colas and
I Steel Company
Bethlehem Steel Company
New-Amsterdam National Bank
Bethlehem Ment
United States
Iron Consumption Remains Notable in Pig Iron Market
The New York market letter notes that weak sentiment has faded and iron consumption holds near recent highs. Production lags behind demand, with Europe supplying the shortage as December arrivals from Middlesbrough total about 55,000 tons. Buyers remain cautious, prices firm, and furnaces focus on delayed deliveries rather than new business.
MENTIONED IN THIS ARTICLE
Europe
Glasgow
Middlesborough
Outside Securities Market Faces Holiday Quiet
The outside securities market showed increased activity but little trading ahead of the holiday. Prices trended downward on light offerings with Northern Securities slipping early from 109% to 109% before closing at 1102 after better support. About six thousand shares traded as International Mercantile Marine weakened with common at 13 and preferred at 46. Standard Oil fell two points to 60 and Universal Tobacco common dropped to 2.
MENTIONED IN THIS ARTICLE
Northern Securities
Suport
International Mercantile Marine
Standard Oil
Universal Tobacco
Market Recap Mixed Declines Seen on Copper and Stocks
Consolidated Refrigerating at 6 percent and American Can preferred at 4543. Hackensack Meadows Company at 6 and New Orleans Railway at 14 13 percent. Copper shares weak. Greene Consolidated fell to 24 percent on about 1.0 shares sold. Montreal and Boston down 2 percent. Atlantic Trust Company at 324. White Knob Copper lost 1 percent to 9. Market closed dull and irregular.
MENTIONED IN THIS ARTICLE
Consolidated
American Can
Hackensack Meadows Company
New Orleans
Greene Consolidated
Montreal
Boston
Atlantic Trust Company
White Knob Cowper
Miscellaneous securities active stocks summary
Market quotes furnished by William E Nichols and Co list bid and ask prices for several securities. NY East A Stan Gas 1930 115% 116 45 Ist Se 194$ 113 114 44 Cen c Gas 5s 110 112 do 5s 100 112 Equit Con 5s 117 me Nor U ist .Ss we 108 Mutual Co 325 B40 Stand Gas 132% 4145 N Am Co 5s 108% 109 do pref 152 160 Brooklyn Union 222 226
MENTIONED IN THIS ARTICLE
Ask
Adams Express
Albany
Amer Bic
Am Car & Baie
Amer Ean Coal
Amer Cotton Oil
Amer Dist
Amer Express
Amer
Am Tel & Cable
Am Tel & Tel
Amer Woollen
Anaconda Gs Ss
Ann Arbor
jAsso Mer
Atchison Sn
Eait & Ohio
Boston AL Pr
Bklyn
Brunswie
iBuff R & Pitts Lsuilace
Cs Ie Utterick Co
Anaaa
Canadian Pacific
Central of
Ches & Ohio
Chicago & Alton
East Mt
Iss
Ind & Louis
iCol & Authern
Jc & Hos Ir
Consol Coal
Consol
del Do Pref & Hudson
del Lack & W
Deny & Rio
Detroit Thern
United
S & Ad
Nba
Ss&m
LE & Western
Lex
Mtchigan
I & St Louis
Tims
Wwe Ie
Am Hare
Morris Shex Nash
West Bog
Pullman
RA Securities
Ry Steel Seer S
Rens & Sara
Rep Iron & Sa
Rock Island
Rome
W & Oriat
Rutland
St Jos & Gr I
St L & San
St Louis
Sloss-Sh St & R Az A
Southern Pacific
Rope & T
Tenn Coal & Ir
Texas & Pacific
Bstuardo Land Trust
ADI
Third Ave
Twin City
Nananee
Union Pacific
Ry Inv Co
U S
Wabash
Wells Fargo
West Union Tel
Westinghae
Wheel & L E
Wisconsin
William E. Nichols & Co
Wall-st
Im & B Cop Co
Cuba
Bay State
Borden
North Secur
Camden Ace
Otis Elev
Ao Pac P & Com
Pioneer
Abi Roy
St L & Sub
San Fran Suis
Elec
Seaboard
St Ge Power
St Louis Trans
Ces Union
Gold Hill Cop
Ste
Greene
United Copper
Us&s Steel
Inter Marine
Va Coal I
Inter Rap
Keystone Mag
Wall St
Amer.ight & Tracees
Amer. Valley Co
Aberdeen
American Brass
Pine
Am. Press Association
American Palace Car
Ship Building
Seda Foun
Ila
American Thread Co
Bliss E. W
Bliss BE. W. Co
Chesebrough
Water
UN Water Co
Jas
Empire Quicksil
Empire Steel Ae
Empire Steel
Empire
Sugar
Empire S. Sugar
Gorham Manuf
Hudson River
Hall
H. M
H. M. Co
B. Stetson
Lanston
National Cereal Milling Co
National Enamel
Ena
North Platte
Old Dominion
Bess
Pen Salt Manuf
A&o
Pratt & Whitney
Procter & Gamble
Sterling
Oty Swift & Co
Union Typewriter
Thaton Typewriter
Wes .Saat Ao
Lead & Oil
Tr Ry
St. Lais Jas Ry
St T
UN. Tov. Co. Wett
Westinghouse Air Brake
Also Mentioned on This Page
Ational
Asee Ba North Am Co
Amc & F
SY Ont & W
S — Am Ice
North West
Peo Gée
Suger
Kk Island
Brockisn RT
Canssian Pac
Ai Pat Repla
Chic Gt West
Ruland
Cl Pr &i
Istl
Col & South
Southern 92
Pen& RG
Budson
Vans & T H
IU S Leather
U S Realty & c Hock Waller
S Steel Tunnois Central
Kan C Pt
Louis & Nash
West U Tei —_ ST
Wele 2d
Missouri Pac
Wis Central
MK & T
Beo
A& AP
Crié P
Pacconv
American Securities Abroad
New-York
N.Y
New-York Central
Penney Ivania
Money and Exchange
Consolidated Exchange Sales
Kan & T
West
Bates
Coal & Mile
Texas
Union Pacificn
T S Steel
Oy Western Union
Sia Sss
Ophir Ig
Secrey OS
Adrian H. Muller & Son
Gallatin National Bank
Rves
Pittsburg
Fort Wayne
Iwey Company
American Coal Company
Morris and Essex Railroad Company
Michigan Central Railroad
American
Toledo
Sloss Iron and Steel Company
Alfred Ericson
Kingsbridge Road
Borough of
the Bronx
New-York City
New-York Register
American Press Association
New-York Society Library
van Norden Trust Company
Holland Trust Company
Jeky
Island Club
Ne Ee Absidien
Fifth Avenue Trust Company
New York Law Institute
Lima Northern
Colonial Railway Company
First Trust
Toledo and Ohio Central Railroad
Mary's
Tefft-Weller Company
van Norden Trust Mwe
Brooklyn Warehouse
Myrn International Banking Corporati
Park Row Realty Company
Inter-West
de Haven & Townsend
North Penn Ae Am Ry Co
Phila Co
Penn R
Cambria Steel
Penn Steel
Sty Diamond Steel
Penn el Ve Oo
Elec St Bat Co
Phila Lec
S& Elec
Phila R T
Park T Co
Phila & Eric Ins Co
Sus Iron & St
Lehigh
Lehigh Val R R
Cos
Union Traction
Wall Street and Exchanges
U. S
Rogers, Brown & Co
Outside Securities
William EB. Nichols & Co
Ingensa
Amer Light & Trac
Bing Gas
E & Po
JI &Jd Ao
M&n
Jackson Gas Co
A &C
le& W
L&d
G & E Co
A &O
New- Haver Gas Co
M&s Mt Westch L Co
J.&d
Ee Atlantic Ave
Bklyn Heights
Bklyn B & W
Bklyn City Consia
Wis
Bklyn Crosstown
Bklyn C & Newtn
Coney Island & B
Coney Island & EB Ctf
Calvary Cem & G
Wily Un_ Ry
Gr & Lorimer
Grand St & N’n
Jamaica & Bk
New W & FI
Sea Beach
Yonkers St Ry
St. Ry
J &F
Neece & D
M & St
Paweseese
Clinton Gilbert
Dend
Sae Alliance Realty
J. Atlantic Weno
J. Amer Surety Co
J. Ws Ba & Mtg Gr Co
Bowling Green
Broadway
Brook
F. Central Century City
Cen Rbs & T Co
F. & A. Continent
Oo & Colonial
J. & J. Equitable
Empire Star
Hudson Realty
JeTmster Bk
J. Lincoln Ht
McVickar R Tr
Mercantile
Morton
J. Metropolitan Mutual Staceveens
Mutual
Conerelahes & F
Associates
Trust Co
Republic
Wmi
Tan Lo van Norden
Williamsburg
Windsor
Ferry Companies
Wall-sty Bull
Brooklyn Ferry
Hoboken Ferry
Ewes Sons
WY & BR Ferry Co
Q.-M
NY & HF
NY & Stock
Ny&wn
R. L. Day & Co
Nassaust
Best & Albany
Boston & Me
Tam i Atlantic
Jr&vu
NY &H
West End
Franklin
Tel & T Co
New-Eng
Parrot
Quincy
Tamarack
Wolverine
Dom Ron & Stl
Tominson Coal
Tracy & Co
SHAS
AOR
Seaboard Air Line
Toronto
Hamilton
Buffalo
Millen
Southwestern
Inc
City Island
Seaneateles
Bankers and Crokers
American Express Company
Cable & Telegraphic
Redmond, Kerr & Co
LA Salle ST
Graham, Kerr & CO
Ng Busi
Securities On Commission
Joseph Walker &S Sons
Broad ST