Stock Values Rise Amid Broad Gains In Active Market
Stock values advance with notable gains across the active list. Erie issues see heavy buying as the market improves, while Union Pacific outlays by Mr Harriman affect near term earnings. Government and railroad bonds show firm demand with total par sales near 2.94 million, led by Atchison and C&O 4s among others.
MENTIONED IN THIS ARTICLE
U.S
Atchison General
Chesapeake and Ohio
Chicago
Burlington and Quincy
Rock Island and Pacific
Mexican Central
Northern Pacific
Oregon Short Line
Reading General
Union Pacific
Colorado Fuel and Iron
Consolidated Tobacco
Stock Market Summary Reports Broad Day of Trading Activity
The day’s stock operations show total volume about 50 000 shares above Monday with Erie leading activity after noon as money rates eased. Coal stocks gain, Reading and Lackawanna advance, Amalgamated Copper eyes a settlement, and Mexican Central surges on gold standard talk. Erie gross earnings rise sharply, while Canadien Pacific posts notable November gains.
MENTIONED IN THIS ARTICLE
Erie
Reading
Lehigh Valley
Lackawanna
Delaware and Hudson
Reading Common
Amalgamated Copper
Amalgamated
Heinze
St. Paul
Rock Island
Union Pacific
Beleving
Southern Pacific
United States Steel
American Car and Foundry
Republic of Mexico
Washington
Mexico
Diaz
Washington Dispatch
Canadien Pacific
Ealt & Ohio
Bay State Ga
Brooklyn RT
Can Pacific
Ches & Ohio
Chic Gt West
Chic
Mil & St
Chic Union Trac
del Southern
den & Rio G
Det Southern
Erie BE
Louis & Nash BM
Manhattan
Ho Met Street
Mex Central
Mo Pacific
Central
Hohe
Norfh West
Penneylvania
Rep
Rock Island Oe
L& San F
Tenn Coal & L
Texas & Pacific
U S Leather
U S
U S Steel
Wabash Ao
Estern Union
Wis Central
Money Market and Foreign Exchange Summary
The report outlines money on call at 12 to 14 percent, last loan 3 percent, with a ruling rate at 8.4 percent. Time money quoted 6 percent for 60 to 90 days and 5 to 6 percent for four to six months. Commercial paper 6 percent for 60 to 90 days. Foreign exchange closed steady with various sight and sixty day rates for sterling, francs, marks, guilders, and other currencies. Bank clearings listed for New York, Boston, Baltimore, Philadelphia, Chicago, and Cincinnati. The domestic exchanges show several city discounts and premiums, with foreign money market notes and bullion prices for silver and gold.
MENTIONED IN THIS ARTICLE
Reichemarks
Paris
Belgium
Switzerland
Germany
Reichsmark
Holland
New Orleans
San Francisco
Telegraph
Boston
Charleston
Chicago
Cincinnati
Savannah
New York
Baltimore
Philadelphia
Berlin
Washington Receipts and Expenditures Reported
Report from Washington shows daily receipts of 1 209 425 including internal revenue 825 340 and miscellaneous 316 467 and total expenditures 1 209 425. Month to date rotates 45 400 741 and expenditures 35 865 000 with excess receipts 9 535 741. Year to date receipts 236 882 890 expenditures 253 231 228 excess 23 651 662. National bank notes redeemed 540 250. Sub Treasury shows debtor to Clearing House 510 047.
MENTIONED IN THIS ARTICLE
Washington
National Bank
Sub-Treasury
Exports Of Merchandise Figures For Early 1900s
A brief data snippet shows week ended December 30 exports totaling 5 564 353 dollars with prior year comparatives 8 638 021 and 8 086 482 dollars. Additional line items include January 1 figure 495 614 4091 and 0 075 801 5A 286 081.
Wall Street and Exchanges Summary of Financial Notes
London trading volume and American Railway shares on the curb market. Sub Treasury transfers and daily payouts. Northern Securities board actions and Great Northern activity hint at London account influence. Guaranty Trust to raise dividend to 20 percent quarterly. Dividend notes deny biscuit company rate hikes. Franklin Savings Bank declares eighty fifth semi annual dividend. American Car and Foundry company eyes 3 percent common stock dividend. strong finances amid car demand. Berkshire Street Railway first mortgage bonds offered. Lowndes Rhett joins Dominick Williams. American Bicycle Company activists form protective committee amid reorg dispute.
MENTIONED IN THIS ARTICLE
London
Sub-Treasury
New Orleans
Colorado
Southern
Delaware and Hudson
Erie
Louisville
U Northern Securities
Northern Securities Company
Great Northern Preferred
Northern Securities
Chicago Great Western
P Cipal
Guaranty Trust Company
National Biscuit Company
Chicago
Automatic Clerk Company
Newark
N. J
Franklin Savings Bank
AR and Foundry
American Car and Foundry Company
N. W. Harris & Co
Berkshire Street Railway Company
Pittsfield
Lee
Lenox
Stockbridge
Great Barrington
Cheshire
Adams
North Adams
Rhett
New Place
Lowndes Rhett
Rhett Brothers
Dominick & Williams
Brown Brothers & Co
American Bicycle Bonds
American Bicycle Company
Edwin Gould
Francis L. Higginson
William H. Taylor
Bank Merger Story Revived By Local Paper
A local newspaper revived earlier reports that Mercantile National Bank, National Broadway Bank, and Seventh National Bank may form a combination. No definite plan exists, though speculation notes Morse and associates control National Broadway and hints at new leadership at Mercantile National.
MENTIONED IN THIS ARTICLE
Mercantile National Bank
National Broadway Bank
Seventh National Bank
Charles W. Morse
Mercantile National
Mr. Morse
Edwin Gould
National Broadway
Seventh National
Schenck
Morse
Deming Succeeds Gen Fitzgerald as Mercantile Head
General Louis Fitzgerald resigns the presidency of Mercantile Trust Company. Henry Deming is elected to succeed him after serving as second vice president and head in effect for months. Deming sits on boards of Equitable Life, Commercial Trust, Western Maryland Railroad, and West Virginia Central Railroad. No immediate vacancy fill is planned.
MENTIONED IN THIS ARTICLE
Louis Fitzgerald
Mercantile Trust Company
Tribune
Henry ©. Deming
Deming
Equitable Life Assurance Society
Commercial Trust Company
Philadelphia
Western Maryland Railroad
West Virginia Central
Jones Named Assistant Cashier at National Park Bank
WO Jones formerly assistant cashier at Chase National Bank is appointed assistant cashier of the National Park Bank for the new year. A Oberlin College graduate, his early career included secretary to the Northern Pacific general manager and private secretary to Henry W. Cannon at Chase. John Van Cleef and W A Pain also named assistant cashiers at the Park Bank.
MENTIONED IN THIS ARTICLE
WO. Jones
Chase National Bank
United States
National Park Bank
Mr. Jones
Oberlin College
Northern Pacific Railroad Company
Henry W. Cannon
The
Park Bank
John ©. van Cleef
W. A. Pain
Outside securities market shows strength with mixed gains
The outside securities market opened strong with active trading in International Mercantile Marine issues and Northern Securities. Uncertain closes and varied moves across common and preferred stocks reflect ongoing demand and profit taking. copper shares remained quiet while several rail and industrial issues showed notable activity.
MENTIONED IN THIS ARTICLE
International Mercantile Marine
Northern Securities
Standard Oil
Interborough Rapid Transit
Pittsburg, Lisbon & Western
Seaboard Air Line
American
Consolidated
Manhattan Transit
Trust Company of the Republic
Montreal
Boston
Greene Copper
White Knob
United Copper
Street Railway Companies Furnished by Nichols Co
A note by William E. B. Nichols reports on street railway companies. The item lists firms supplying equipment and services, with emphasis on system features and market position.
Street Railroad Bonds Article by Williar E Nichols Co
Street railroad bond news furnished by Williar E Nichols & Co dated November 13 from Waltsto presents market notes on bonds, financing terms, and potential investment implications for street railway projects.
MENTIONED IN THIS ARTICLE
Williar E Nichols & Co
Trust and Surety Companies Reported by Clinton Gilbert
Clinton Gilbert reports on trust and surety firms from No 2 Wall Street, detailing financial standings and regulatory notes for the sector. The piece outlines market conditions, key players, and implications for investors and policyholders.
MENTIONED IN THIS ARTICLE
Clinton Gilbert
Also Mentioned on This Page
Texas
É& F
Y Central
Suger R Norf & West
Penn R R. Pee G & C
Osn Ee
Oecee
Qghio
Canadian Pac
Brooklon RT
Reck Oo
Ches & Qchio
Mespp
Rubber Coe
Ol & South
Leé SF
LS Ee
Do Ben & RG
Emir ‘Ry
Ewes Wine
Ae del & Hudson
Lsouthern Pacific
Det South
jTenn C & L
Louis & Nash
Wabash
U Tel
St Ry
Wis
Lacence
Oregon
North Pac
Cbria&p
iUn Pac
Consol
Acadist Inc
Do 24 Inc
American Securities Abroad
New-York
Anaconda
Atchison
Canadian Pacific
Paul Csweses
Oy Bie Trois Central
N. F Central
Pennsylvania
Uss
Ste Bao Ae
Stock Exchange
U. S
Cent Ist Inc
G & Nn
2D Inc
Nor & W
Pac
C& E
Ohio
M & St
Penn
Ll&a
Tex & Pac
D & RG
Kan City
Lex Av & P Fist
West Shore
Mmmmlaan Uni
St Ry Gen
WH &l
Do Ist Inc
Ask
Eal Adams Express
Albany & Sus
Amal Copper
Amer Agr Chem
Amer Hide
Amer Dist Telle
Amer Express
Amer Gr
Ty Bally
Amer
al Tel & Cable
Am Tel & Tel
Amer Tele
Amer Woollen
Seul
Ann Arbor
Chicago & Alton
M&o
Col Fuel & Iron
Col & Southern
Col & HC & Ir
Cor Cable
Consol Coal
del É Hudson RA
del Lack
Deny & Rio Gr
M & Ft
Erie S
Evans &T
It 'Genectric Co
Hoci Ng Valley
Tino Ts Central
Lan San K
Fs&m
Keok & Me Des M
Bam
Knick Iea
Laclede Gas
Wake Shore
Long Island
Louis & Nast
Man Beach
Met Street
Michigan
Minn & St Louis
Mo Kan & Tex
Morris & Essex
Nash & Chat
Biscuit
National Leaf
Oy Sack & W
H&h
Ont & W Bom
Norfolk & West
Northern Cent
Ontario
Pacific
Poseey
Pacific Mall
Peoria & East
Pea Gas & Coke
Pere Marquette
R_R Securities
Rens & Sara
Iron & Stl
TGB
Rocksland
Rome
St Jos & Gr I
Louis South
Sloss-Sh St & I
Southern Pact
Tenn Coal & Ir
Tol Ry & Light
Do Land Trust
Third Ave R
Tol Peo & West A
Tolst L & W
Twin City
Sayarium
Union Bag & A
Union Pacifi
U S Express
Realty & C
Rubber Ao Vsnee
West Union
Wisconsin
Money and Exchange
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Ing
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Comstock
Con Cal & V. la
Elkton
Isabel Ha
Moon Anchor
Portland
Ophira
Potosi
Yellow Jacket
Bush
Wall Street and Exchanges
Bowling Green Trust Company
Sullivan & Cromwell
NEW National Park Cashiers
Outside Securities
William E. Nichols & Co
Wail St
Ray
Borden cM
Borden cM Tos Ie N Oo Ry Co
Brit Colper
Alif
Famd & T Ry
North Securities
Il Camden Lands
Pac P & N
Pioneer Min Co
Domin Seeur
Roy
St L & Sub
Electric Boat
San Fran Saba H
Seaboard Air L
Joe Do
Electro-Preu
St Louis
Tenn
Nion Copper
Gold Hill Cop
Ister S Steel
Inter Marine
Va Coal
Inter Rap
Wash Tr Co
Keystone Mag
Wees
Manhat Transit Majestic
Wall-st
Anne
Bia
Amer. Light & Trac
Va Co
M&s
Aberdeen
American Brass
Nwt
Am. Pine
Press Association
Am Soda Foun
Soda Foun Soda
American Thread Co
Bliss E. We Co
Bliss E. W. Co
Celluloid Company
Cen. Fireworks Co
Cen. Fireworks
Fan Chesebrough Mfg
Oces Oe
R. R
F&a
Deny. UN. Water Co
Deny
UN. Water Co. Bonds
J&s
Empire Quicksilver
Empire Steel Palaa
Empire Steel
Empire S. Sugar
Snes
Gorham Manufers
Hudson River
Hall Signal
H. M
H. M. Co
A&d
Elevating Co
J. B. Stetson Co
Ag&i
J. B. Stetson
Lortilard
Lanston
Maine
S. S
Madison Square
Rkeen
Thaler
National Cereal Milling National Enamel & Stamp
National Enamel
N. J. Stevedore
Osee National Gramo. Atteens North Platte Con
Jaz
Ferry Companies
Walber
Brooklyn
Hoboken Ee
Perry
Union
Trist
Pitts
Bess
L. E
Pratt & Whitney
Procter & Gamble
Safety Car Heat & Light
Securities Co
Simmons Hardware
Pea Simmons Hardware
Simpson-Crawford Co
Stinger Mfg. Co
Mit
von Stan. Mill. Co
Stan. Mill. Co
Sterling Copper
Sswift & Co
St. Ferry
Weller & Co
Weller
Trenton Potteries
Trenton
Union Switch & Signal
Qi Tinton Switch & Signal
Trion
Union Typewriter
William EB. Nichols
Walley
Adeg
Brooklin
R RR Co
M& St
É&S
Man
M& N
Ry Co
Asia
Atlantic Ave
A&o
Bk City
Crosstown
Newin
Calvary Cem & G
Lorimer
M&n
Grand St
Jamaica & Bk
W & Fi
Walb-st
NY & East
Mutual Co
Nam Co
Brooklyn Union
William
Nichols & Co
Wall St
Amer Light & Trac
Butt E & P_Co
Colum Gas Co
Dg&ec
Ft W Gas Co
Hud
Os Indianap Gas
M &N
Ene Jackson Gas Co Stoc
Ae A &C
Lafayette Gasler
L. & W V Gas
Mad
G & E Co
New-Haver Gas Co
Intere
Alliance Reair Sequol
Atlantic
Amer Surety
We Ba & Mtg Gr Co
Bowling Green
Brooklyn Broadway
Century City Co
GJ. & J. Central
Bd & T Co
Ws & J
Quar. J
Colonial
Equitable
Empire State
Seuss
L & Tr
Oder
Fifth Ave Tr Co
J. Flatbush
Franklin
Ws & I
Mutual
Mutual Alliance
Nat'l Surety Co
North Amer Co
Nassau
Lin & Tr
Security & T
Mtg & Sec
Mthly J
Tr. & J. Trust Co
Tr Co
Republic
Wj.&j
Usm&tco
Washington Veere