Stock Values Rally Amid Broad Market Activity
The stock market showed higher prices across many names with notable gains in blue chips and rail equities. American Sugar and American Can listed strong closes while Missouri Pacific and Chicago Great Western tied pricing to ongoing trading activity as total daily volumes reached 855,114 shares.
Dividend declarations blur many 1908 stock payouts
A stream of 1908 quarterly and semi annual dividends is announced by numerous New York banks and companies. Notices list dividends on preferred and common stock, payable dates, transfer book closures, and mailings of checks. Notable entities include American Woolen Company, Atchison Topeka and Santa Fe Railroad, Maryland Coal Company, Garfield National Bank, Bank of America, Fourth National Bank, Mechanics National Bank, Merchants Exchange National Bank, and others with payment dates from December 1908 to January 1909.
MENTIONED IN THIS ARTICLE
Moetke
American Woolen Company
Gusrantr Trust Co
New York
WM. H. Dwelly, Jr
Boston
Mass
Iece
K. Cooper
Nassau Street
New York City
Maryland Coal Company
Roal Broadway
H. B Nedham
Garfield National Bank
Twenty-third St. & Sixth Ave
W L. Douglass
Bank OF America
Wable
W. M. Bennet
Fourth National Bank
City OF New York
Boars of Directors
Charles H. Patterson
Merchants Exchange National Bank
F V. Gambier
Toledo Railways and Light Company Stockholders Meet
Annual meeting of the Toledo Railways and Light Company stockholders will be held at the General Offices in the Smith and Baker building corner of Superior and Adams streets Toledo Ohio on Thursday January 21 1908 at 10 A M Transfer of stock will be closed from Saturday January 19 to Friday January 22 1906 inclusive. secretary Swift notes the dates.
MENTIONED IN THIS ARTICLE
TOLEDO RAILWAYS _& “LIGHT. COMPANY
leGo
Toledo Ee & Company
Smith & Baker
Superior and
Adams Streets
iFolefo
Bank Directors Annual Election In New York Bank
The annual election for Directors of Traders National Bank of New York will be held at the banking rooms corner Broadway and Surrey Street on Tuesday January 7 1902. Polls open from 12 M to 1 P M. H S Powell Cashier.
MENTIONED IN THIS ARTICLE
IE Ao
Traders National Bank OF
E¢Xew York
New York
Barking Rooms
Broadway
Surrey Street
Powell
German Savings Bank
4Th Ave. and
Lith Street Co
Anoum
Casimtr
American Securities Abroad Market Report
London at 4 pm shows heavy US securities with mixed quotations. Call money in London 4 1 2 7 8 per cent. short bills 4 4 per cent. long bills 5 1 6 per cent. Berlin discount 2 per cent, Paris 2 1 2 per cent. Paris on London 25 12 centimes. Berlin on 20 marks 46 pfennigs. Gold 77 1 4 104. Consols 41 1 2 per cent. French rentes 62 30 centimes.
MENTIONED IN THIS ARTICLE
London
Berlin
Paris
Paris Exchange
France
Berlin Exchange
Stock Market Closes Higher Despite Late Losses
Wall Street saw broad gains in most active shares amid a volatile day. Investors favored lower grade issues while high grade stocks faced late selling. railroad equipment and transit stocks posted demand as traders anticipated Harriman's influence at New York Central. Bond activity was strong with several 4s advancing before profit-taking.
MENTIONED IN THIS ARTICLE
American Smelling
Atchison, Reading
Union Pacific
United States Steel Common
Wall Street
Chicago & Alton
Colorado Fuel and Iron
Kansas City Southern Common
Mercantile Marine
Toledo
St. Louis & Western
Third Avenue
Brooklyn Rapid Transit
New York Central
Harriman
Vanderbilt Company
New York Central Board
Brown
Rock Island
Wabash
Sterling Exchange
Bank of England
Europe
Bond Market Sales Through Japanese and U S Issues
In a miscellaneous bond market listing, Japanese 4s and numerous U S issues are traded with wide spreads and varied maturities. Total bond sales amount to $8,257,000 across numerous issuers including Adams Ex, Am Cotton, Reading Gen, and Union Pac Ist, with multiple 4s, 5s, convertibles, and government securities noted.
MENTIONED IN THIS ARTICLE
Sewa
Adams
AuieChaim
Iti Ee
Mo K_& T
Nyc
Ob. Caren Sens
Bath
Peo & E Inc
Pigoor BO
Iecesic
I & SU
Roch & P
St L & S F
Do & M
Do Tex & Pac
Doctor Oy bin Awin
Rene Do
L Inc.slif
Dp &H
Union Pac
Sidie
SRO
S& M
Kan
West
MD É
Inactive Stocks on NYSE Ended With No Transactions
Last closing bids and asks listed for a wide array of equities with no trades yesterday on the New York Stock Exchange. Notable entries include Adams Ex, Am Can, New Coal, NYC&SL, AmT&C, Union Pacific, Wells Fargo, Homestake, Int Harv, and Wells-Fargo Ex. Prices show mixed bid and ask levels across diversified sectors.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Adams
Lac Gas Cf
Am Ag
Lake Shore
Mack Cos
Man Beach
MD Coal
Msp&ss
Mor & Es
Nash & Ch
E& S
New Coal
Nyc&sl
Amt&c
Ann Arbor
Ss aSe Ae U Gish
Ont Bilver
Pac Coast
BA T
Pitts Ae
Rens & Sar
RIES
Gs Gen Ch Co
Suscip
Fpf
Em Co
Va-C
Va IC &C
Kan & M
Vulcan Det
Okcfs&em
Wells-F Ex
K&d M
WM Ist
Money Market And Exchange Report
Money on call opened at 3 percent with highs to 34 percent and lows around 2 to 4 percent, dull demand. Rates for short maturities rose, with 60 to 90 day papers at about 3 to 4 percent and five to six months near 4 percent. Foreign exchange opened steady, cables near 4.8745, demand sterling 4.869 to 4.87, sixty day bills around 4.851 to 4.854. Bankers’ posted rates show varied euro/foreign figures. domestic exchange lists several city quotes. Bank clearings for major cities are reported, with New York exchanges $365,028,260 and totals for others. Silver and gold pricing noted, Mexican exchange at 2.91, domestic government receipts show daily deficit and cumulative year figures. Sub-Treasury debtor balance to Clearing House at $1,027,942.
MENTIONED IN THIS ARTICLE
Mercantile Paper
Stig
Germany
Reichsmarks
Paris
Belgium
Switzerland
France
eteOere
Boston
Chicago
San _ Francisco
Telegraph
New Orleans
Charleston
St. Louis
New York
Baltimore
Philadelphia
London
Madrid
Lisbon
Washington
Sub-Treasury
Clearing House
TOPICS OF THE STREET FOREIGN TRADING AND BANKS LOSE CASH
Foreign houses traded under 10,000 shares in the local market, mostly sales, amid an inactive London market. Banks show a weekly cash loss of 4,093,000 with New York and Paris exchanges moving, while interior remittances bolster the Sub Treasury. Dividends announced from several firms. grain exports and retirements noted. Chesapeake bonds listed. Southern Railway promotes Brunswick immigration linked to the Atlanta line.
MENTIONED IN THIS ARTICLE
London
Bank of England
Interior
Washington
New York
San Francisco
Seattle
Paris
Sub-Treasury
Internal Revenue
Columbus and Hocking Coal and Iron Company
New York and
New Jersey Telephone Company
Distillers’ Securities Corporation
Merchants’ National Bank
United States Mortgage and Trust Company
American Chicle Company
Wells Fargo Company
Garfield National Bank
Citizens’ Central National Bank
the National Bank
Fifth National Bank
Foreign Bank Returns Show Mixed Week Abroad
London reports a fall in total reserve of 2 963 000 pounds while circulation rises 885 900 pounds and bullion drops 2 074 000 pounds. Other securities and deposits increase, public and government holdings shift, with reserve ratio at 38.30 percent. France notes gold on hand up 38.75 million francs and silver down 2.075 million francs.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Sealed proposals for sale of General Motors bonds
Investors in Cleveland on November 30 18xx were invited to submit sealed proposals for selling General Motors bonds on behalf of the sinking fund to exceed par and accrued interest up to 97820 dollars. Proposals are due by close of business December 31 and must indicate bond series A B or D.
MENTIONED IN THIS ARTICLE
Cleveland
General Motors
Lanter & Co
Also Mentioned on This Page
Ask
Chairmers Company
Wee
Dem
Long Island
American Car & Foundry
Marine
Manhattan
American Cotton Oil
Smetrospolitan Street Railway
American Hide & Leather
Minneaports & St Eatsoe
American Ice Securities
St. P
American Locomotive
Mizcouri
Kansas & Texas
Missouri, Kansas & Texas
Missouri Pacific
American Smelting Pr
National Biscuit
American Smelting
American Steel Foundry New
National Enam
American Sugar
American Tel
Newhouse M. & S
American Tobacco Pr
Snew York Air Brake
Woollen
Anaconda
Chicago & St. Louis
Atchison — Y
J. Tel
Atchison — New Oont. & Western
Atlantic Coast Line
Norfolk & Myestern
Baltimore & Ohio
North American
Bethlehem Steel
Northern Pacific
Ctfs
Brooklyn Rapid
Pacific Mail
Bbly
Butterick Company
Pennsylvania Railroad
Canadian Pacific
Peoria & Eastern
Central Leather
People’s Gas
I. 1
Ce & L. Soth
Chesapeake & Ohio
Pullman Palace
Chicago Great Western
Reading
Mil
St Paul
Tron & Steel
Chicago & Northwestern
Colorado & Southern
Southern Pacific
Southern Railway
Columbus & Hocking C. & T
Southern Railway Pr
Consolidated
Tennessee Copper
Texas & Pacific
Delaware & Hudson
Third Avenue Railroad
I. Lg
Denver & Rio Grande
Toledo, St. Louis & Western
Denver & Rio G. Pr
Des Moines & Fort Dodge
Twin City Rapid Transit
Des Moines
Fort Dodge
Duluth, South Shore
United Railway Investment
Duluth
South Shore
Erie
United States Realty & Imp
United States
Amy
General Electric ‘Company
United States Rubber
Bas
Granby Mining
Nited States Steel
Isbeent Pout Northern
United States Steel Pr
Great Northern
Utah
Utica
Black River
Virginia-Carolina
Vulcan
Cohen Wabash
Havana Electric Railway
Hocking Valley
Illinois Central
Interborough- Metropolitan
Interborough-Metropolitan
International Harvester
International Paper
Western Union Telegraph
International Steam Imp
San iWwastinghouse Mfz
International Steam Pump
Wheeling & Lake Erie
Towa Central
Iowa Central
Atta
Kansas City Southern
Wisconsin Central
Leitow
Lily
Edward B. Smith & Co. Bankers
Pine Street
N. E. Cor
Broad and Chestnut Sts
FiIsk& Robinson
Cedar St
Bostonn
State St
Adams St
Schmidt & Gallatin
Meywesers
XN. Y. Stock Exchange
THE
Atchson, Topeka and Santa FE Railroad Company
Mechanice National “Bank
Leth
Frank O. Roe
Ee Ie
Kewe Importers
National Bank OF
Dar Sanusery
H. RH. Powell
SS. Swift
American Securities Abroad
Arincorada
Atchison
Pac
Es. Paul
Me & Nash
Mar
Vain
Baltimore & Onto
Tus
St Paul Graese GR
Delaware& Hudson
Pennsylvania
Amalgamated Copper
BTS Consolidated Gas Co
United States Steel
American Canal National Bircuit
People's Gas
Commonwealth Ace
Switch& Co
Money and Exchange
Toronto
Stewart & Lockwood
Buffalo
McKinley
City of Cobalt
Nipissing
Chamberland Sri
Nova Scotia
Conatt
Peterson Lake AB
Cobalt Lake
Panama
Foster
District of Columbia
Farmers’ Loan and Trust Company
William Street
Fifth Avenue
Boulevard Haussmann
Bishpate Bt
Bradstreet
Speyer & CO
L. J. Salomon
Salomon
William F. Sebert
United States Envelope Company
Stock Exchange
Chesapeake & Ohio Coal River Railway
Southern Railway Company
Brunswick
Atlanta, Birmingham & Atlantic
Atlanta
Birmingham
Foreign Bank Returns
van Schaick & Co
United Railway
Light & P
Chas City Ry
Seaboard Iy
Chas
Union Trust
Nat Bank
Fidelity & den
Consol Gas
Maryland Trust
Nor Cent Ry
R. L. Day & Co
Bost & Albany
Fitchburg
Franklin
Ind
Ry ST
Granby
No Butte Sa
Preumatic
Osceola
Tel & T Co
Parrot
Eng
Quinew
Tamarack
Wolverine
Smellera Co
Atlantic
Shannon
United Fruit
Westchester County
WH. Y
Brang Valley Sewer Commission
Na G Grand Street
White Pla N. Y
County of
Westchester
Mechanics’ National Bank
City
State of New York
Sanitary Sewer District
Bronx Valley Sewer Commission
Grand Street
White Plains
N. Y
William Archer
John E. Andrts
John J. Brown
Wall Street Journal
North River Savings Bank
34Th St. Bet
46Th Aves
Samuel D. Styles
Frederick N. Cheshire
Cheries F. Turton
Greenwich Savings Bank S. E. Cor
J. Hampden
Francis M. Bac
East River Savings Bank
Picks& Ramsay
Hitney
Jane
Park Place
Board of Tract
F. Hutchinson
L.A. Stuart
Tre Archibaly M Pentz
Goondway