London Markets See Little Reaction as Wabash Debentures Dividends Declared
London markets show calm on second settlement day with no shift in American security activity. Wabash Railroad declares six month 8 percent on debenture A and 1 percent on debenture B. Harriman not elected to board. no other board changes reported. Dividends announced include Trust Co of New Jersey 6 percent, United Railways St Louis 1 percent, United Metals Selling quarterly, United Cigar Stores 7 percent, Washington Trust 3 percent, Anaconda Copper 50 cents, Norfolk & Western 2 percent, Mines Company of America 2 percent. Copper prices rise on the Metal Exchange with electrolytic and lake rates up. Darr Luke Moore dissolves. Darr & Moore formed. Phelps Dodge consolidation proceeds with over 9 percent stock assent. Bellwabs Company General reduces capital to 500,000 dollars. Bank of Montreal ships 280 gold coins to Canada and plans another shipment.
MENTIONED IN THIS ARTICLE
London
New York
Wabash Railroad Company
E. H. Harriman
Harriman
Trust Company of
New Jersey
United Railways of
St Louis
United Metals Selling Company
United Cigar Stores Company
Washington Trust Company
Anaconda Copper Company
Norfolk & Western
Mines Company of America
Lake
Wall Street
Darr, Luke & Moore
Arthur F. Luke
Darr & Moore
George W. Darr
Joseph H. Moore
Lawrence T. Darr
John Reece
Phelps-Dodge
Phelps, Dodge & Co
Phelps, Dodge & Co. (Incorporated
Railways Company
Bellwars Company General
Jersey City
Canada
Bank of Montreal
Money and Exchange Market Report Summary
Money on call opened at 2 percent with a high of 3.44 percent and a low of 2 percent. Time money quiet, demand diminished, offerings liberal. Rates 3 to 4 percent for sixty to ninety days, up to four months. Foreign exchange opened easy with cables around 4.87, demand sterling near 4.8685, sixty day bills 4.85. Bank clearings, domestic exchange, and silver and gold premiums listed. Mexican exchange at 2.02 percent.
MENTIONED IN THIS ARTICLE
Mercantile
Germany
Reichsmarks
Paris
France
Belgium
Switzerland
Holland
Boston
Chicago
San Francisco
Telegraph
New Orleans
Charleston
St. Louis
New York
Baltimore
London
Madrid
Lisbon
Washington
Sub-Treasury
Clears House
Mexican Exchange
NYSE to probe insolvency of H W Poor and Co
The New York Stock Exchange will investigate the insolvency of H W Poor and Co and the withdrawal of all members except Mr Poor. If insolvency at withdrawal is proven, former partners bear firm debts with Mr Poor. Assignee Mark T Cox has not yet seen the books to state assets and liabilities.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
H. W. Poor & Co
Poor
the Exchange
Committee On
Mark T. Cox
U S Rubber Plans 20 Million Bond Issue
United States Rubber Company shareholders approve a ten year 6 percent collateral trust sinking fund bond issue of 20 million dollars payable in gold. About 430 thousand shares were represented. Initial issue 15 million with 5 million held as cash. Proceeds fund maturing notes, debentures, and current floating debt.
MENTIONED IN THIS ARTICLE
New Brunswick
United States Rubber Company
Boston Rubber Shoe Company
Bond notes reveal foreclosures and bond adjustments
New York committee of Hudson River Water Power Company bondholders, chaired by F. J. Lisman, announces imminent foreclosure proceedings after enough bonds were deposited. Boston receivers may deposit receipts under the New York agreement. Chicago and Northwestern Railway contemplates a new issue near 90,000 dollars rather than 25 million, to refund about 8 million in maturing obligations. New York Transportation Company ponders a 2 to 3 million mortgage to fund gas power over electricity. Consolidated Gas Company debentures of 20 million at 6 percent issued 1904 mostly converted to stock at par since July 130 percent.
MENTIONED IN THIS ARTICLE
New York Committee
Hudson River Water Power Company
First Mortgage
F. J. Lisman
Boston Committee
James R. Hooper
Chicago & Northwestern Railway Company
New York Transportation Company
Consolidated Gas Company
Boston Rubber Shoe Company
United States Rubber Company
Cobalt Prices Motons and Exchange Bids Listed
Furnished and corrected price table from Ga No 43 Exch shows bid and asked quotes for cobalt at Beaver City Comfit Chamberland Contagas Crown Little Nipiss Nipissing Nova Scotia Peterson Lake Temiskaming Trethewey and other listings. Prices range from 0.42 to 1.84 with various percentages and volumes, including Silver Leaf Silver Bar and Silver Queen noted alongside cobalt entries.
MENTIONED IN THIS ARTICLE
Buffalo
Chamberland
Cobalt Central
Cobalt Lake
Little Nipiss
McKinley
Nipissing
Nova Scotia
Peterson Lake
Temiskaming
Trethewey
Railroad Earnings Across Multiple Lines and Regions
The report outlines third week December and midyear figures for lines including Toledo & Ironton, Big Granddyd Southern, Toledo St Louis & Western, and Canadian Pacific. It lists gross and net earnings, operating expenses, and mileage totals, with additional notes on the Reading Company, coal and iron activities, and securities prices.
MENTIONED IN THIS ARTICLE
Toledo & Ironton
Coal and Iron Company
BIG Grakdyd Southern
Toledo
ST. Louis & Western
Reading Company
Tenewais
Boston Wool Market Shows Increased Activity
Boston on December 29 reports a clear rise in wool trade with broad inquiry across lines. Quotations hold steady though local sellers expect no near change, listing domestic fleeces and scoured values for Ohio Pennsylvania Wisconsin New York Kentucky Indiana Missouri California Oregon and territory grades with various blood contents and garment staples.
MENTIONED IN THIS ARTICLE
Boston
Ohio
Pennsylvania
Delaine
C. Agan
Wisconsin
New York
Kentucky
Indiana
Missouri
Texas
California
Middle County
Southern
Oregon
Valley
Also Mentioned on This Page
Money and Exchange
Chicago Grain and Provisions
Argentina
Liverpool
Etha Ic
Bradstreet’s
To &c
Glige
Gitsc
Minneapolis
Duluth
Stock Exchange Committee
U. S. Rubber
Bond Notes
Toronto
Stewart & Lockwood
Ange Place
New York and New Jersey
Willoughby
Brooklyn
N. Y
Ford Huntington
Texas Central Railroad
Farmers’ Loan & Trust Company
D. Comy
YN Moran
Citizens Central National Bank OF New York
Board of Directors
Hias
Minneapolis & ST. Louis Railroad CO
Des Moines & Fort Dodges Railroad Company
Broad Street
F. H. Davis
Board of Water Supply
Board
Broadway
Wallkill
WaLlkill River
New Pals
Gardiner
Ulster County
John A. Bensel
Charles N. Chadwick
Board of Water
Charles A. Shaw
Waldo Smith
Thomas Hassett
Deepot Quartermasters
Philadelphia
26Th Street
Gray's Ferry Road
Miladelphia
F. G. Hodgson
U. S. Army
Awar
New London
Conn
Fort G. Wright
Fort Manefield
Fort Michie
R. M. Schotteld
WAR Department
Frederic V. Abbot
Col
Engis
Panama
State Street
Hlanke
Wendell L. Simpson
Iateouy
Ann Arbor
Ut & Tr
Kan City
Mutua
Bingham G
Buffalo Gas
Paterson & P G
Pg&c
Denver Gas Do
So St & Tr
Go Pr
Paul Gas
Syra G Ist
Indianapolis Gas
Syra Lt & P
Jackson Gas
Brooklyn Ferry
Ps Ferry
Ny& Fis
Ny&er
Central Trust Company OF New York
Rubber Goods Manufacturing Company
Francis Lynde Stetson
Samuel Norris
Messrs
Joline
Central Trust Compa Aalieercadny of
Udvercu
J. & W. Seligman & CO
Writtam Street
Kidder, Peabody & CO
Devorsome Street
Bostox
Mass
25Th St
Lexington Ave
William E. Trotter
Thomas R. Ebpirt
Buffalo & Susquehanna R. R
Gulf & Ship Island R. R
Keystone Telephone Co
Phila
Kansas City
Fisk & Robinson
Cedar Street
Peoples Bank of
City of New York
Boaki
William Milne
Maryland Coal Company
Theij
H. BR. Nedham
Merchants Exchange National Bank
RE. V. Gambier
NEW York Central and Hudson River Railroad Company
Ofice
NEW York and Harlem Railroad Company
Edward L. Rossiter
Union Bag & Paper Company
Battery Place
Union
Paper Company
W. L. Sparks
Garfield National Bank
Twenty-third St. & Sixth Ave
W. L. Douglass
Fourth National Bank OF the City OF
Proximo
Charles H. Patterson
THE BANK _OF AMERICA
W. M. Bennet
Colorado
Colorado Springs & Cripple Creek District Railway Company
Chemical National Bank
New York City
JAS
Stewart Mackie
New
Tribune
R6th St
Sith
Sth
Gth
Tin
6Ist St
Ist Ave
Hoth At
Tremont Ave
Sd Ave
Franklin Savings Bank
Avenue & 42d Street
Wm. G. Conklin, Pres
J. Hallock Waring
Metropolitan Savings Bank
Third Ave
Cooper Institute
Dec. Ltd
Jonathan B. Currey
Edward Sherer
Citizens’ Savings Bank
Bowery
Cor. Canal ST
Henry Hasler
Henry Sayler
Emil A. Huber
NEW York Savings Bank N. W. Cor
4Th St
Sth Avenue
William Fellinger
James L. Wandling
Archibald M. Pentz
Union Dime Savings Institution
Sixth Avenue Greeley Square
Charles EB. Sprague
Francis M. Leake
William G. Ross
Greenwich Savings Bank
St. E. Cor
6Th Ave
16Th St
James Quinlan
Ee M. Dutcher
Treas
Hampden RO
Francis M. Bacon
Cor
4Th Ave
11Th Street
Claibte
CAS AG
Dry Dock Savings Institution
Bowery. Cor
Andrew Mills
WM. F. Patterson
Charles Miehling
North River Savings Bank
34Th St. Bet
Samuel D. Styles
Frederick N. Cheshire
Seamen’s Bank For Savings
Savings Bank
Daniel Barnes
George M. Halsey
H. F. Hutchinson
Ark Place
L. A. Stuart
THE
Plaza Bank
58Th Street
Fifth Avenue
Borough of Manhattan
E. M. Clarke
Dey Street
American Telephone and Telegraph Company
Theodore N. Vail
Charles Bustis Hubbard
Lakewood
Lakewood, N. J
Golf Links
D. P. Simpson
Dennies
Atlantic City
Wate Baths
Walter J
Traymore Ae City
Montclair
N. i
Florida
Ormond
Ormond-on-the
Palm Beach
Royal Poinciana
Ponce DE Leon
Nassau
Long Key
Miami
Cuba
ST. Sugusatine
Ria
South Carolina
Kirkwood
Beruitz School OF Languages
Madison Square
Harlem
Lenox Ave
S& Brooklyn
TS Court St
Citie& Pupiiis
American and Foreign Teachers’ Agency
Mre
Mo J. Young-Fulton
Union Square