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s

LONDON'S NEW

NIW YORK HERALD, MONDAY. JANUARY 7, 19<)L-SIXTEEN PAGES,

TOR YANKEES LONDON

>» »

Boom in Americans Lightens Gloom on the Stock Exchange

—Brokers Discuss London and Globe's Affairs.

NEW YORK j .

• • I ii * i " • • i"

Activity in Stocks Is *«ecord Breaking—Important Rail­

road Dais—Surprise at Market's Strength.'

(»••> i n CABLE TO rum nr.mui.l The** am record breaking, M*torjT «*akitt»*?' Ths II»:K«! ;> • Kurooean edition publishes times In Wall street. Gresst ©onsolidattoo*

following trr>m It*correspondent:— and alliance* are being announced; powerful Lcmoox. Sundaj • Sm even <thr best holt- I financial interests are operating aggressively

day hAter on the fttnok Eschange~and there | i n the stodk market; a wild and anreasnning are not a few-~btK wa* glad of New Year** t>ay's respite from iHiainess woes and wor-rles. for the event* of the. last three daya of t h e century had sent, temporarily an any rate, thirty-two member* from the house, hit Btore or less seriously.

For more than ten time* that number the Bew year and the eemury would open with moat deep detection In Capel Court but for a>Q» bright spot, the American market,

<.rB . . i „.!.- «o W a l l S t r ee t Ba l l s . Those irrepressible bulla on the west aide

*>f the Atlantic can have no Idea of the debt ©f which their Throgmorton street cousins fcavs so freely expressed their appreciation.

Above ail thing*, the Stock Exchange mem-W r lovea the roar of a m:*r)>;> boom.

To turn from the wreckage of the Whit-Sker-Wrlght waste In order to contemplate t h e boom in American* soothed sore hearts better than anything else could have done.

Any firmness with which the markets In K*nerxl finished up the century, despite the Cilobe collapse, was admittedly largely ow­ing to the strength of American rails, hut when the house reopened after the HoMdajr*

4t was with the wall* placarded, with giooany aoltees of creditor*' meetings.

The nsaignees* offices have Wen filled every day and all day long „ with overflowing Crowds

C r l i l a g ^ h r s v t h e m « e s . But the Stock Exchange quickly got over

If* fit of the Mu True, the succession of had news from

South Africa on Thursday created something almost approaching a panic*.

• Even yesterday the market* opened in a •Host unhappy mood, but. after all, there is nothing In the situation to cause alarm.

-Moil of the ills proved: of a temporary Baiurc.

Naturally, in the Westrallan section there <was a feeling of uncertainty and very little disposition to deal.

Nobody seem* yet to understand the sltua-. tlon. and' pending: further developments •vsrybody la exercising the utmost caution,

L o n d o n a m d ( G l o b e ' s A f f a i r s . • n e e the official Information was given

tha t the director* of the London and Globe corporation propose*! to Issue an explanatory statement of its position .in anticipation of the meeting of shareholder* next week, •very-body Interested baa been in a state of e x p e c t a n c y a n d q u i t e r e a d y t o r e c e i v e t h e more or less plausible reports which gained currency a day or it wo ago.

JJ was rumored that an American syndicate had made a bid of 1400,000 for the Baker Street and Waterloo 'Railway, this being one of the corporation** assets, but nothing con­firmatory had been announced on the sub--Ject. Yesterday another report was current t o t h e effec*. nhat t h e I ^ o n d o n a n d S o u t h " W e s t e r n R a i l w a y h a d e i t h e r p u r c h a s e d o r i s • r r ; m g i n g t o p u r c h a s e t h e l i n e f o r a a w e t HaOO.oo©. a n d t h a t t h e c o r p o r a t i o n w o n ! ' e> a e q u e n t ' . y b e a b l e t o p a y t w - . l v e s h i l i t r r-S i x p e n c e In t h e p u n d .

l t i i m i i . - « I n I n m r d

Th«>re i s n o d i r e c t c o n f i r m a t i o n , h o w e v e r , a n d . in f a c t , it h a s b e e n deitl*"* h y M r . O w e n s , t h e g e n e r a l m a n a g e r o f i e S o u t h W e s t e r n , w h o s t a t e * t h a t t h e r u n o r Is w i t h ­o u t f o u n d a t i o n .

I t i s p o i n t e d o u t t h a t t h e c o m p a n y r e p o r t e d t o b e a r r a n g i n g f o r t h e a c q u i s i t i o n o f t h e r a i l w a y h a s n o p o w e r t o p u r c h a s e i t , a n d

jL&nt j h j g s . J a . s w r . w U - a r r a n g e P a r l i a m e n t ­a r y a u t h o r i t y f o r d o i n g s o .

. N o t w i t h s t a n d i n g t h e r e w a s a s t r o n g f e e l ­i n g i n v a r i o u s q u a r t e r s t h a t n e g o t i a t i o n s W e r e i n p r o c e s s w h e r e b y s o m e I m m e d i a t e r e l i e f <*ouM t... a f f o r d e d , b u t . u n f o r t u n a t e l y . I t I* a c a s , - o f t h e w i s h b e i n g f a t h e r t o t h e t h o u g h t .

M e a a t e r * « f W e a t r a l l a n M a r k e t M e e t . A meeting of members of the Westrallan

Snarket to consider the Globe collapse, which %as privately held in the grill room of the flPhrogmorton restaurant, did not turn out •ueh a breezy affair as was anticipated, after all.

No members of the press were admitted, hut from what I have been able to glean It was rather a merry meeting. The quality of the speeches was not strained, and the Irre-Dresaible merriment of the Stock Exchange hroke out again and again during the pro­ceedings.

The meeting brought together a large and representative number of Westrallan Job­ber*, with a fair sprinkling of brokers.

The seating accommodation proving insuf-Beient, some of those present stood on the dumbwaiters, tables and handsomely uphol­stered chair*.

" F i v e « l i i l l i n KM i n t h e I N m n d . There was an announcement that Mr.

aVhttaker Wright had verbally stated that the London Globe would be able to pay five Shillings in the pound.

This was received with very mixed feel­ings, but the dominant sentiment apparent­ly was one of relief.

The unhappy whits elephant of the Baker Btreet and Waterloo Railway was again hunted out of its stable and hounded round and round the room, with hope* and fears as to what It might be worth, without any­thing definite being arrived at, even by guess

The liability of the British-American cor­poration with respect, to -the Rosaland and Koo-tenay set Dement* was discussed, but the practical result of- the meeting was ' the formation of a.committee to meet Whitaker Wright, with the Idea of investigating tmd •«a i r» of the Globe company, more particu­larly as to it* share dealings, a report as to which is to be made next Tuesday the dav before the meeting of shareholders. w n e n the real *torm may be expected '**"

rr»a**«i to wind « - » 4 h « t o * M a f , Then a resolution is to 'be proposed te> the

•Beet that it has been proved to th« sa t i* faction of the shareholders that the.com­pany cannot, by reason of Its liabilities COB* tiatte business, and that therefor* It i , , 4 . vtsable to wind it, up.

The first prospectus of the century was |a-»-sued by the government.

The first prospectus of- ISO* offered local loan* and stack on behalf of the Treasury fur a couple of millions at 9f%. .

So doe* the first prospectus of 19®,. The amount "is mow £4 OOO.oeo In three per

eauts, offered at to*, minimum price of m p e r c e n t .

About the success of the issue not the least «'oubt is expressed, local loans being prac-ilcaliy as good.as consols—fndecd,, from the lavestor's potm of view better

s J , '

scramble for securities is going on; n*W Stock Exehange records for both bdoyancy and activity "are being established; bullish enthusiasts 1* running riot, and the *pec*ila>C~ ing public^ forgetful of recent experience*, is exhlbttMr a belief that there are sure profits and no danger* in buying anything at any price on any kind of margin.

Every ohe is speculating on the hull side snd all thrfrank and file is rampantly bullish. The man who suggest? that the market is too wild to he safe makes himself unpopular, and the preacher of caution and conserva­tism finds himself laughed at.

There is good reason to marvel at the con­tinued buoyancy, for J t has never been equalled. It is unprofitable In these day* to make comparisons or to consider Wall street tradition or precedent, for the market Is even blfcger and more wonderful than It was in the ereaf boom which began in 1897 and culminated in 1898.

Since the November election* there have been phenonfenal advance* in prices, and every reasonable prediction made then -has since beertymore than realized. Two month*' ago careful and experienced observers saw In uadfrlyfaf' condition*.good reasons for an upward movement, and with the courage of their convictions they entered the market as bulls. But many of these have now pocketed their profits and are standing aghast at the power and-daring of the great financial in­terests who, acting together, are exhibiting their absolute control of the stock market and their fwibltkm td)tasks securities attrac­tive to the .public at unprecedented prices.

1'ndcubtediy there have recently been de­velopments of vast ' importance that have given greater warrant for a stock market bqpm tbafe' existed when the present rise. b<# gan. Prices which were seemingly absurd two months'ago have been made reasonable by what qh* since been disclosed concerning railroad &mbinatlons in the West as well as the Eaf

The act gan and

has more or less to ^o with the^ continued sluggishness of the Steel Trust shares, none of which has''':Sl«wed,-to-,-aay extent ibg.tfc* recent bueflttW.. ' .. •• A < Yet sueb rs»orts m «ss*e 'ftwp ';tjl*: •*o a

trade arS favorable, and there are very posi­tive statements made ** t 0 the quiet accu­mulation of the steel stocks. In many of this group, particularly. Tennessee Ctoat and Iron, there is an extended, short interest, which is hopeful of adverse dividend devel­opments. In some quarters, however, a re now heard suggestions that these expected bearish toftuences may not mttteriaJiseT

Attention has been withdrawn from the money market. -The recent advance in dis­count rates abroad and the sharp up turn In sterling exehange, which brings goid exports near at hand, have been practically igndred. Funds are ample and stringency Is prac­tically impossible, but shipments of gold to Europe might not be to Wall atroef* liking.

MONEY PLENTIFUL IN BERLIN MARKET

" "V. ;:» ,

Boerse Thinks New York's Boom in

Railway Shares Overdone and

Follows Unwillingly.

•Am. M*R. Ce. f f . l.SSO •Am. 9 . h R. OS*. 22,680

•Am. g. a a. oasf a,ass •Am. Stoel H . OS. » . * » . • A m . S. H . G>. p . 1,035 A n . S. A W . . . ,*.. 100,190 Am. S. A W. p i . . T.S1&

N e t Sale*. H i g h . Low. LMt.Ctosng*

17 «S »̂ 07 38»i 78 mh 8«H

27 66% 05

left S31* SO 30 WA n 42% •**% 87 8 8

ISO 188 i m » 118 6 6 * '67% 8 0 * SI

• A m . S. Ref. O t v - 6 7 8 , 0 0 8 , 1 4 0 Am. 8. Ref. 0 M * . 1 ,4S0'118% • A m . Tia « a t * i . . d»,027 6 0 * •Am. Tin P l a t e # . 1.18* 08 AmeriMin T o b s * a . 80,060 1 1 4 * 1 1 1 * 118% A m , Tobacco pfti*. 480 188 137 »8« • A m . Wool len . . £ * , 1.488 2 1 * •Am, Wool lea p f . . 882 77 Ana. Cop. M . * * . T.460 48J4 Ana Arbor pf. J . . » » 8 8 * Atch. . T . A S . * • 188,900 4 8 * A. . T . A S. F . Sf .184,022 S0% Balt imore A Oate.108,288 8 8 * Bait . A Ohio p f . . 8.887 80% •B' lyn Bap. Tr*S..2S5.280 87% B k l y n ttnion 6 § . 1,790 183 Bronswlck C i t y « . - 120 9% Bnff.. Rock. i f . 200 8 3 * CsnaUs Southera. . 10,260 6 8 * Canadian Pac i f i c . . 800 9 1 % Che*. A O h i o . . J . . 67,120 4 2 * Chi. A A l t o n . . 4 . 21,080 40% Chi. A Alton p f i . . 18,230 70%

GOLD AT BUENOS AYRES.

BtTSxes ATBXS, Sunda.v.~Otold bare yesterday a t !» .?%

quoted

(mpllshments of J. Pierpont Mor­is allies hare been no less wonder­

ful and surprising than Important, and they have Biveh new values to the properties con­cerned, ^ut evsn with all this considered there ma* still be entered a plea for caution in speculatkui.

K»en though the market is to go on soaring i t , will be subject to sudden and sharp breaks, like that of last Thurs­day, which was so disastrous to small specu­lators and so Receiving to experienced traders. And for this reason, if for no other, the frena* to buy and to gamble may well be considered dangerous.

important and conspicuous as he has been in past jfcars, J. Pdsrpont Morgan has re­cently afquired new prominence in the A m e r i c a n } f i n a n c i a l w o r l d . A c t i n g p a r t l y a s a

••inclpal land partly as an agent, Le ha* sivifted t i e control of railroad properties in

way t l a t makes startling changes, both .uwialSnd physical, in the great system*

of" the eojsntry. At the. tame time he has assumed new im­

portance 'as a factor In stock speculation. Aided by John D. Rockefeller, W. K. Van-derbilt ai | James J. Hill in his railroad op­eration*.' jnd followed closely in the stock market i | J a m e s R. Keene, Mr. Morgan be­comes a ijlnsplcuous figure and a power that compels SJje alteration of both railroad maps and stoeWfjmarket charts.

FollowBg the disclosure of the Erie-Penn-sylvanlapFoal Company amalgamation and his alltaflk with James J. Hill, Mr. Morgan now annfhnces the purchase of the Central Rai l roa^of New Jersey for the Reading company,^ This- latter deal was practically arranged.' months ago, but the principals have seeh fit until now to mislead every one by jnstttvely denying that any negotia­tions wens going on. The "big men** of the Americaf* (financial world regard themselves as lmmu|.e from the blame which ordinarily attachespto untruthfulness, and the positive denials t Jade to all suggestions of a Read­ing leasrjor purchase are probably regarded by themes having been mere business neces-Bttle*. jjowever, this Is an old story in Wall street. *: • .

The madlng-Jersey Central "dear" is an­other slep toward the concentration of the anthracite coal industry and the alliance of Eastern railroad line* under the Vanderbilt-CassattrMorgan domination. Undoubtedly it is df vast importance.

All thje anthracite properties, with the ex­ception'of the Ontario and Western, are now in close combination, and the carrying out of the " c j W a l ruling agency" idea 1& made probabl 1 To all the coal companies, and par-tlcularlV'to Reading, the largest, this means much. m. gives to the coal stocks a real value which they have never hitherto had.

Moreover, with the Baltimore and Ohio sharing in the Reading's purchase, as it un­doubtedly will in jne way or another, an im­portant development in the trunk line combi­nation plan has been brought about, and new opportunities for seaboard traffic are opened to the Baltimore and Ohio.

And tins whole 'deal is in itself Indicative that \he|great financial interests of the coun­try are Kolng ahead, with their community of ownership plan, 'and that in the near future the generally uudetstood scheme for an al­liance of a l | the important Eastern railroads will ha\|e been accomplished.

And ir| the West plans of the same sort are maturing. Obstacles to a lease of the St* Paul h i ' the » r t h e r a Pacific and Great Northern have arisen in number, hut whether this is aiccompllshed or not the fact remains that t hd Morgan-Hill combination is in con-' trul. a t these three.., great properties and have completed arrangements whereby all possible benefitslwill be obtained from this new com­munity jbf interests.

Nor i*| t likely that Western combinations wilt stop; with this, one. Already there is much discussion of a Northwest-Union p a„ cine-Burlington alliance, which would seem Inevitable in view of what has happened,..,

Atchison and Rock island are also coupled In Wall street gossip, and the old idea of the late Reswail p . flower for the ' unfon of these *wu' systems ' is ' recalled1. All these deals ahd. stories, of deals, however, Should toe conspercd from the stock market stand­point, f«/ if they are not intended for specu­lative fiirnosea they certainly are being used as a busts for bullish manipulation.

It Is quite generally believed thaf John W. Gate* and his Westers friend* were very hard bt i 'by the advances of the last week. Mr. Cat .s has been, intrenched In Chicago' but W*»f street hear* that he was foraed to cover t large line of short contracts a t an aggregate loss approaching 8S,O80t0HO.

it mat* be that the beatisbness of thfa I Western contlngenj on the general market

BBRLTO, Sunday,—The fear* of the London and New York money market* have left Ber­lin comparatively untouched. The new year opened with a remarkable plethora of money, although Brussels and Purls have discon­tinued discounting here. The mortgage bank* have resumed lending, their position having been immensely strengthened by the meeting a week ago of the Prussian Hypotheken Aktien Bank and the Deutsche Grunaachuld Bank,

The public is now regaining confidence in these institutions, and the return of their ob­ligations has almost ceased. On the other hand, the demand for mortgage bank obliga­tions is beginning afresh. The effect of the advance in the Bank of England's rate was unusually slight. Hitherto the Relchsbank had always answered N the Banlc of Eng­land's advance. In the present case, however, notwithstanding the unprecedented pressure of December 31, the market, owing to the rapid recovery since January 1, considers it a cer­tainty that the Reichsbank's rate of discount will be maintained. The private rate of dis­count fell rapidly to 8% per cent, but rose again to 4 per cent In consequence of the rise in the Bank of England's rate. Call money, however, was abundant at 4 per cent. The market believes the Reichsbank will main­tain the present official rate until the Bank of England reduces its rate. Otherwise the Reichsbank could make a reduction sooner.

Foreign exchange rose in consequence of the rise in the Bank df England rate. *

The Boerse followed New York's boom In railways unwillingly, Berlin believing the thing to be,overdone. Among transatlantic securities Canadian Pacific took the lead. In­dustrials met more unfavorable influences, among them the decision of the coke syn­dicate to reduce production. Other depress­ing influences were the reduction in the price of rolled goods in South Germany, the re­striction in output by the Siergerland pig Iron syndicate and the attempts of the shot mills to get reduced prices for the material* under contract The Cologne Gazette as­serts that price reductions affect nearly all finished goods and it paints the general iron situation black.

The Half Finished Goods Association ha* fixed the terms of export, the bounties being reduced on plates to i l l marks. The Blumen-felds, a coal firm In Hamburg, In the course of their yearly report say that their Amer­ican shipments gave the greatest satisfac­tion, but that the high ocean freights pre­vent regular importations. The lower silk velvet market report says that American orders remain scarce, and that the manu­facturers regard the American market as permanently los|. The linen weavers of Westphalia and the Rhine have resolved to reduce their output and to advance prices.

Last year's exports from the North Ger­man consulates aggregated $61,941,617, or an increase of $10,793,796. Magdeburg, Stettin, Hamburg. Chemnitz and Plauen increasing more than $1,000,000 each.

The Frankfurter Zeitung says the price* of the Bavarian loan will be 100*, the subscrip-tldh being fixed for January 14.

In consequence of Germany's growing in­terest in American markets a number of the Berlin papers have arranged to get the New York and Chicago quotations cabled for their morning editions Instead of tor the afternoon editions as heretofore.

CM., Bar. A Qi, . 141,880 144% Ofat. A B. 111.71. 1.100 94* Chi. A R. 111. pf. 700 122 Chi. Gt . W e s t . I . . 9 ,980 17% Chi, O. W. pf. A . Chi . G. w ; pf. » . Chi. G. W. Mbi.. Chi., Ind. A Loalt . Chi. , I. A L. p i . Chi., Mil. A S t . r .612 ,920 CM.. M. A S - P. pf 2.803

012 4,600

945 8,900 2,050

90% 4 5 * » 2 * 2 5 * 6 2 *

162 101

29% 78% 40% 6 7 * 4 4 * 88% 81% 8 4 * 81

178 »%

8 3 * 5 4 * 91 89% 8 7 * 7 2 *

1 8 8 * 91

120 10 7 8 * 42 92 2 4 * 80

145 1 8 7 * 1 0 9 * Chi. A Northws i t . 9,985 177

Chi. A N. W. pf:. 300 2 2 2 * 218 Chi. . B . I. A P i c . 150.200 124% 1 1 6 * C S. P . . M. A 0 . 1,200 1 2 9 * 126 0 . .S .P . .M. A O . S f 100 184% 184% CM. Term. Trttaa.. Ohl. Term. T. pf.

2,400 1.200 4,700 8,456

71,170 7,474

35,575

C;, C. , O. A St C.,C.,C. A S.L,. CleT., Lor. A'V*&. CleT., L. A W. p f Col. Fue l A Ires . Col. F . & I. p f , . . Col. Southern . . L . Col. South. 1st ft. Col South 2d pf. . C. A H . O . A I . i , . Consolidated GJp. •Con. Tbb. C o . T . •Con. Tob. Oo. pf. Del . A HudScm, . . D . , Lack, a W . . Den. & Rio Ode. 14,970 Den . A R. G. pf. 10,676 D e s M. & F . m.. 5,990 • D . . S . S . A At . pf. 550 Brie « . . 8 7 M 7 5 Brie 1st p f . . . . . . . 8 0 3 , 4 7 7 Brie 2d pf j L . 47,000 Kvans. & T. H . . 430 Ev. A T. H. pf . . 200 Federal Steel « . . 73,605 Federal Stee l p i . . F . W. A Den. C . F. W. & Hio © . G. A El. Ber. CJS.. Gen. Kiee. p f * . Cluoose SHOT. Ref. Ghieow 8. Ref. S t . Great Northern pf. Green Bay A W. Hocking V a l l e y . , , . Hocking Valley pf. HomcRtake Mini**. Il l inois Centra l , | , . Inter. Paper f . . Int«r. Paper p f . . . . Inter. Power p f f . . •Inter. S i l v e r . . . . . . Int. Steam P u m p . . Int. Steam P. p f . . Iowa C e n t r a l . . . . . . Iowa Central pf/t.. Kanawha A M i c f . . Kan. City Southern Kan. City So. pf.. K. & D»a Moines. . K. A D. M. p f . ; . . Kingston & P e n s . Laclede G a s . . . . . . L. R. A W e s t e r n . . L. E. a W. Pf-. , .-Long I s l a n d . . . . . . Loiilavlllc A Naah. Manhattan E l e * . . •Met. Street B f . . •Met. St. By. r « . . M. W. 8. El . , Chi . II. W . 8 . El . . C.sf.

1,800 13 2,910 3 6 *

12,005 7 8 * 75 118

800 2 8 * 2,510 7 0 *

24.900 5 6 * 100 121 («

0,330 8 4 4 * 18 18%

197 4 1 * 95

1 3 4 *

12 33 74

118 28 60 52%

1 2 1 * 7%

42 1 6 * 1 5 *

190* . . 88% 92%

20% 7 6 * 46% 58 4 6 * 88% 88% 8 6 * 8 2 *

178 9%

8 3 * 57 91% 41 3 8 * 74%

1 4 2 * 9 4 *

122 1 6 * 78% 4 3 * 9 2 * a** 61

1 5 7 * 191 1 7 4 * 2 2 2 * 122 1 2 0 * 184%

13 35 77

118 28 70 54

1 2 1 * 8

43 17.14 1 6 *

192 401-2 95

+1% - 1 * - 1 %

~i% -^H

+ * + i * - %

-rl% +1

. ~% +%

-15 + * +%

+ 5 * +%

- 3 * - * + *

- 1 * - 1 %

+ * - *

- 1 % + * +%

+ 2 * + 2 *

—1 +%

+ 1 * + *

- 1 - 1 +9% 4 3 * +2% + 2 * +1 4 3 * +9%

+ *

43

Tb* fo-lewiag v* «»• latest quotation* for bank

F I N A N C I A L .

stock*:—

America . . Am. B a c h . . Aator . . . » « Bowery Broadway J B u t . A D r .

Bid . 476 200 600 3110 250 100 174 510 302

Asked.

260

184

808

Central Chase . . Chatham . C h e m i c a l , . . 3 , 9 0 0 4 ,100 City . . . . W 540 545 OiUsens* . . 148 — Colombia, . . 246 Colonial . . . 275 Commerce . . 325 Continental . 145 Corn E x . . . ; 870 E a s t Biver. , 140

MfthhWA'vrt..>i 3.2O0 235

c. aWSet M. A Tr*. Mercant i l e . . Merchant*". Mer't* Eat. Metropol is . Mt. Morris. Sfotaal Nassau . . . . N. Ara'daoi New York.

1W. A s k * 275 _—•

Asked .

240 2 1 0

95 225 175 186 625 195 155 180 675 320

N . Y , C a t y . 1,500

390

F i f t h F i r s t 14th St Fowttn Gal la t in . . . Gansevoort . Gartlfld . . . G e r . - A m . . . Ger. E x . . . Germania . G r e e n w i c h . H . A L . . . . H a n . , n. a.. Hami l ton . Imp. A Tr. Irving . . . . L. M f r ' s . . . Liberty . . . Lincoln . . .

8 ,600 ISO 175 400 *«U

1,700 125 280 510 165 1 3 2 * B » 150 520 180 2^> 375 900

3 2 7 * N . J . K.1 Ninth UKh Ward. N. America Oriental . . . Pacific . . . . . Park . . . . . . . People ' s . . Pbenix Prod . E x . . . l'lasta . . . . . . Hepubti* . . Riverside . . Seaboard „. Second . . . . Seventh . . . Shoe A L . . S'te of N.Y. State . . 12th Ward . 23d W a r d . . Union S q . . . Wes tern . . . W e s t S i d e . YorkvIUe . i

425

135

185 2»>

130 90 100 200 170 175 450 225 100 125 475 225 210 S40 650

W 350 100 100 225 400 875 225

i " 0

235

185

650

190

350

190

500

105 130

110 150

TT5

D i v i d e n d s .

UNION DIME SAVINGS INSTITUTION

B B O A D W A Y ^ I T . A N D e T E ^ V . . G R E K 1 i ,

or *ny t i m e la ter . . - • - " Mooer deposi ted on or before Jantaur 10 drawi

Interes t from tb* flr*t. «™wi C H A R L E S B . 8PBAGUB, Preatdent.

George N . Birdsal l . Treasurer. ' r r e M W » ' t -F r a n c i s M, Leake . Secretary.

M e e t i n g s . T H E P E N N S Y L V A N I A BAILROAD COMPANY.

Generad ttfflce. Broad Street Station, ' Phl ladelpbia, January 5 l»«ii

T h e A N N U A L M E E 1 I N G of the Stockholder. \ t this Company wi l l be held on TUESDAY, t & T>?!ffJ day of March, 1901. a t e leven o'clock A M „ Horticultural Ha l l , Broad St.. below Locust "at 1'uSaSelpfai*. a t which meet ing there win be mail. m l t t e d for coBSideration and action by the StoH. holders t h e annual report of the Company, rb*' tK ceptance of the new Const i tut ion, an increase ,,f ,*„. Capital Stock o f the Company and other appropriate

Stockholders can obta in copies of the Animal Re­port of the Company and the ne.-s-.arv tl<k^-« „f admiss ion to the meetlnff. on and after Mar^h I next , by personal appl icat ion, or by letter « t nl Secretary's Offlee. rwrm 271 Broad Street 'Statl.Vn

J C. MMS, SsfreteryT rni lnde lphla .

ry 5. The annual me«tln«» of the «vo*crif>ere tQ the

11*01.

Speyer A Co. closed the subscription books for Hi* 810,000,000 Southern Pacific 4 * per c e n t gold bonds a s soon as they opened, the amount having been overapplled for. It i s s ta ted as a probabil i ty t h a t subscribers for amounts under 825,000 wi l l . a» * role, receive the full amount of their subscript ions . The amount* over $25,000 wi l l be reduced to t h e ex tent of 25 per cent on the average . ,

F I N A S C I A X .

3 ,966 194% 33% 8 7 * 21% 1 5 * 2 9 * 6 9 * 4 8 * 43 8 1 *

5 .760 100 450

1.090 3.190 1 9 2 * 6,035 53

1 2 6 * 1 3 4 * 188*4 102

20 26 73

07% 197 5 2 * 4 3 * 7 2 * 78

133

125 11,000

30 3.000 4.S95

2S 11.663 4,710 5.144 2.000 7.53* 1,575

/OO 26.320 10,080

1.900 1.600 2,810

500 166 300 100

1,100 4 6 * 50 l/15Vi

5-10 68 55.530 8 9 * 98.360 117 33.550 174 26.080 2

158 30 200 8 3 *

KOtt -74% 5 6 * 11 29 7 7 * 28 54 23% 1 4 * 38

6 * 24

9 * 76

MANCHESTER MARKET.

MAXCHESTBR, Sunday. — Notwithstanding the easier cotton conditions at Liverpool, clothmnkers adhere generally to the recent quotations, and endeavor to improve the po­sition, resting their hopes on the enlarged demand for India, now recovering from its recent severe afflictions and trade depression.

Private despatches received here indicate that the prospects for the winter crop, grain and seed are encouraging, and this means a healthy demand for calico.

Another good augury Is the improving aspect of matters in China.

Although the week was somewhat broken there was much Inquiry following the turn of the year, which was difficult to negotiate. Many offers for India and China were in­cluded, and a fair proportion of these re­sulted in business. Many manufacturers, un­der contract for two or three months ahead are able to refrain from selling until better* price* are forthcoming.

The tone of the market is really healthy and was not affected by the advance in the Bank of England rate. There was some de­mand for the home trade, but the minor Eastern outlets, together with the Levant and South American markets, were not active. Yarns were Irregular, although in a stronger position since the holidays.

- • e — .

BANK OF SPAIN REPORT.

MADRID, Sunday.—The report of the Bank of Spain for the week ended yesterdav shows the following :—Oold in hand, no change; silver in hand, increase 797,000 n e setas; note* in circulation, increase i;S,444 000 pesetas. The gold quotation yesterday was 94.4*..- #:

" f ' lm *

T H B W E E K ' S SPECTJLATJrOK.

Sales„*i the Board during the week, locim!--, Uwted stocks , amounted to 7.503,a«a shares n D

5.ot4.756 anares for the prcvloos week and 7 o S ' ^ shares for that ending December 22 Follow! a s .mtuary of last weak's m a r k e t : - "*"»>* i«

Sales . Hlffh. Low r - . * ™ . N e t

20 i5o *&?• ^ r t . C h a j w * .

Mexican C e n t r a l . . 16,000 1 0 * Mexican Nat . c f l i . 2.100 4 * Minn. A St . L . * . . 3,805 70% Minn. A St. L. f t . 650 103M, M. .S .P. A S.S. mt. 325 6 5 * Mo., Kan. A Terns 10,385 16% Mo., Kan. & T. p . 69,405 4 7 * Missouri PacHlc . . . 204 ,880 7 7 * Mobile A O n t o . . . . 2 .550 40 •Nat . Biscuit O* . . 18,403 43 • N a t . B i s . Co. i f . 720 04 • N a t . Lead C o . . . 2,010 2 0 * •Nat . Lead Co. ST. 500 92 •Nat ional S a l t . I . . 1.100 4 3 * •Nat iona l Salt pf. 200 73 • N a t . S tee l C o . . . . 33.495 44% •Nat . Steel Oo. ST. 1.029 93V-Natlonal Tube Oo. 26,778 70 Nat . Tube Co. p f , . 2 .850 108 N. J. C e n t r a l . . . 1 . . 14,530 160 •N. Y. Air B r a l e . . 1.000 161 N. Y. C e n t r a l . . . . . . 51.730 1 4 5 * X41T N. Y. , C. A St . 1 . . 7.917 2 4 * N.Y. .C.AS. L. I f f . 706 1 0 8 * N.Y. .C .AS.L. 2 i f . 5,845 5 6 * N. Y., La.-k. A W N. Y.. 0 . A W e s t . , 1 0 9 . 9 4 5 Nor. A W e s t . . . ! . . 28,200 Nor. & West, p f . . 200 North A m e r . . . . . . 13,300 North. Pac i f i c . •» . . 391 .750 North. Pacific p f . . . 36,065 Pacific C o a s t . . . i . . 780 Pac . Coast 1st p E . ' ISO Pacific M a T l . . . . « . . 3.545 •Pennsylvania B . . . 2 3 5 , 0 5 9 P e o p l e s Gas Obi . . 73.708 Peo. & E a s t e r n . . . 925 Fere MarqnPtte Sf. 300 P. . C. . C A S t . ! . . 500 P.C.C.ASt. L pf xd Pressed St . C a r . . . Pressed S. C. p f . . Pul lman Co Reading

29% 81 1 8 * 14 2 4 * 58% 3 9 * 43 81 53 7 6 * 20 25 !4 72

185 5 0 * 97%

188 52 41 70 78

128% 2 4 * 73 50

7 * 29 76 2 4 * 49 21% 1 3 * 35

5% 24

8 * 7 6 43

i te* 67 8 4 *

i l l * 165

1 30 82^4 14%

4 69%

102 5 5 * 1 5 * 4 3 * 69% 47 38 92 19 91 42 7 2 * 41 9 2 * 64

1 0 4 * 105 143% 157 157

3 1 * 8 3 * 19% 1 6 * 28% 68 4 5 * 43 81 54% 7 6 * 20 20 73

188 50% 97%

195% 52% 42 * 72 78

1 3 1 * 24% 7 3 * 55% 1 0 * 2 8 * 7 6 * 26 54 23 1 4 * 38

6 24

8 * 76 4 4 *

1 1 5 * 67 8 7 *

112% 165%

1 * 30 8 3 * 15 4%

7 0 * 10214 5 5 * 16% 4 5 * 74% 47 40 93 1S»% 92 42 78 42 9«Vi 6 « *

- 1 * 4 -* + * 4-*

- %

4-1* +2 4 3 * —V.

- 1 * - 3 *

- * 4 -1* 4-4% +9% + 5 *

- i * - 1 * - 1

4 -* - 1 + 1 *

- 5 - * 4-2* 45%

- * - 1

WANTED—An ambitious man of affairs for a long established, universally known corporation, of the highest rank, reputation, resources and amount of business, and which operates everywhere in the United States and Canada, largely through its own repre­sentatives. The man is wanted to assist an overworked Chairman of the Board generally, and especially to take over the management of the great and constantly growing outside business. He should be experienced, and preferably not over 40 years of age, and also preferably now occupying a responsible similar position. The compensation will be large at once, and will be considered second­ary to the special ability required. The right man, upon evidence of success, would be ma.de one of the higher officers of the corporation, with appropriate increased com­pensation. The applications will be treated by the Chairman in every respeW confiden­tially. Address CHAIRMAN, Fest^Offiee b o x l ^ " ^ , ^ e w York city.

u r n esEMiPTr 4dD(D0®(D(D

eim?

N E W YORK. January the

Northern Dispensary wlH be held on FrtdnT* Jatmarw 11. T001. a t 4 T . M.. in the Dispensary b u l l a W W s v s r l o y p lace and Ohr i s tophT s t . . New York cltr '

H i e annual report of fb* Trustees for the r«** — r w i l l be suwnttJted. and an election for a DI*W

rd of T r u s t e e s for the ensuing year will thes l * V * Ds4IC'4

T H E "hBV. D R . MADISON C. PETKRS w i l l preside and a d d m s s the meeting.

O H A B L B S E . BOGKRT. _. Secretary.

_ B l J S I ? f E S S O I ^ O J l T t D W I T I E s T s e e k i n g es tab l i shed . . w e l P tested basts*** AM seeking

moderate o t i t i s j \ no schemes room 47.

X. I . Z.. 69 Wil t

turlng business wi thout taking ac t ive part. Addivsa D E S I R E t o i n r e s t money in established matmf^.

ic business wi thout tuki~ F L I N T i 2 3 4 Herald.

FOR~CAAH—Grocery . Frui t and Produce Rtorel newly stocke<l. e s tab l i shed , s tr ict ly cash business, in good locat ion; nothing for good wil l : aood rea­sons for se l l ing; BO agent s . S. A. , 211 Herald 23d St.

F C R N I S H E D Room House", paying h*sisfImmedi­a t e po**e*«ion: $1,000, Address F U R N I S H E D R O o « H<>^SE^270J l \^s t 23d s t .

B*P(>RT ,ERS des ire to Introduce here s a d i s t * . rope any nove l t ies of mer i t . (Tall or address be­tween 1 0 ^ 1 2 ^ . M.. 79 Chambers s t . . 2d floor.

R E S T A U R A N T and Quick Lunch.-Pi^senTl^enT. i s e s to be torn down; ent ire high grade Furniture and F i x t u r e s can be bought cheap; excellent op­portunity for some one who wil l reopen In ltnmcdlats Tlcinlty and reta in large establ ished trade. 85 Spring s t . . near Broadway.

R E S T A U R A N T . - A n y one looking to lniy Re^Ju?. a m that pays should look a t 3 l i e Kalb iv.. Mr>>ok-lyn.

SAIAX>N on Union Sfmare. doing good buslnesiT must be soM; reasonable . Call. H A N F , 118 East 18th;; "

WANTED—Partner wi th $2,000. to take half in-teres t in cash business on Itroadway (prominent cor-ner i ; profits w i l l net $15,000 th i s vear: no agent*. B . P . . 181 Herald. _ ^ ^

$3.000.—Old es tabl i shed Cigar Store for sale; good. locat ion. C. L . . 394 Herald.

3V* P E R C E N T G O L D S T O C K .

FaiiPsaDODo [LoancsBDo & ffidD0a 83 Nassau st.. New York.

BANKING of

?[ED

H O U S E

I

500 133 • 2 * 45% 83 * 2 1 % 9 0 89 00 9 1 % 44

its 106%

1 6 * 72 59% 89 5 1 * 8 3 * .

320 3,650

, 785 . ; ; » . 2 ,398 203

. .279 .890 35

22 108 5 1 *

133 28% 4 2 * 83 1 9 * 80% 85% 5 8 * 9 1 * 40

146'4 1 0 0 *

15% 72 5 8 * 88 49% 83

1(50 143 24

107% 51

133 3 0 * 44 8 3 * 19% 8 7 * 87 58% 9 1 * 41

151 101

18 72 59% 88 5 0 * 8 3 *

Reading 1st p f . . . 2 2 1 . 2 4 0 Reading 2d pf . .A. .246.800

9,110

77 4 5 * 1 8 *

4,3«*5 6 5 * 200 6514 100 135 200 8

1 9 9 * 1 9 9 * 2 4 * S 3 *

1. toO 400

r2.420 1.300

12,600 18.700 80,500

651 251

61 21 24 S O * 5 6 * 19 4 6 * 2 5 * 60 4 5 * 2 2 * 7 3 * 14 37

at. 27 _

3 ,600 21% 900 121

7 0 * 18 74% S3Vi

200 200 220

51,910 62.575

> r . . . •Itepnb. Iron A S t , •Rep . I. A S. p f . . Rio Grande W e s t . Rome. W . & O . L St. Jos;' & G. I f . . S. .1. A G.I. 1st pf. S. .1. & G. 1. 2d pf. St . L. A San Fraa S.L. A S.F. 1st S.L. & S. F. 2d St. L. Southwi St. L. S. W. p f . . Sloes-Saeff. S. A ' l Sloss-S. S. & I. ft*. Southern Pt.elfiS. .188.985 Southern Ra i lway . 80.365 Southern Ry. p f , . . 30,866 Stand. D i s . A IBs Stand. D. & D. pf Stand. R. A T . * . . Tenn. C. A I . •*• . Texas I 'aclf lc . . . . Tex . Pac. Ld. T f . . Third Avenue . . . . T w i n C. Rap. *f.. 3 .500 • U n . B. A P. OS- • 800 • U . B. A P. 0 3 . f f / 1.800 Union P a c i O c . . . * . . 490,575 Un. Pacific p f . * . rr. S. E x p r e s s . | , *U. S. Leather .* . *U. S. l e a t h e r pf U. S. Rubber . . . 1 . U. S. Rubber pf. Wabash •§• Wabash pf f>< West . Un. T e l . * . . Wheel . * L. E . . . Wh. A L. E. 1st »f. W. & L. E. fd pf • Wis . C e n t r a l . . . f . . Wis . Central p f . . .

•Unl is ted.

Business on the New York Stock Exchange for the week compares aa fal lows wi th that of the corre-«K>nding week lS»t y * a r : -

.Taa. 6. 1900. Jan. 5. 1901. Differences. Stock". s h a r e * i l , 8 2 1 , 8 « « 7.5O3.209 I n c . 4.B8L403 Hank s t o c k s . . . I , 9 5 ,18t) D e c . *5 Mining s t o c k y 100 300 l a c . . 200

V ' i r f s " 3 • ™ *f%.»*».l«> A17.34L500 Inc . .19,816.400 s t a t e b o n d s . . . . " . « 0 0 100,000 I n c . 85,500 Govt b o n d s . . . 208,500 . 188,150 D e c . 85,330

The A l l o w i n g S r e the la tes t prices for the shares of t r n « / companies:

23.427 2.049

25.130 6.050

99,550 18.395 11.305 19.550 15.099 12,220

721 11.242

2.939 2,300

8 5 * » * 15 79 34 85 1 2 * 2 0 * 84% 1 2 * 5 7 * 30% 17 V! 43

6 8 * 38 1 6 * 63 6 5 *

135 8

fiO 20 2 1 * 7 8 * 53 17 4 1 * 23 68 4 0 * 1 9 * 6 9 * 14 37

5% 58% 2 3 * 1 9 *

118 69% 1 7 * 71 78«,i 8 2 * 5 7 * 18% 7 « * 23 7 0 1 1 * 23% 8 2 * 1 1 * 55 2 8 * 15 40

4 4514 18% 63% <55*

135 8 "

00 2> 23V4 8 0 * 5 5 * 18% 45% 25 * 65 4 2 * 21% 7 1 * 14 37

5 * 5 9 * 24% 1 9 *

118 70 17% 73 8 1 * 83% 5 9 * 1 3 * 7 7 * 24 7 0 * 1 1 * 25% 83%

5 7 * 29% 15% 40

4 3 * —1 4-2* 4-1

+ *

- i * - * 4-*

+1 - 2 %

+ii 2

- 2 % + * 4%

4-1* —1

- % —1 + 1 *

- 1 * + 4 * --% - %

4-1% - 2 % 43%

- 3 % +%

- * 4 - 4 *

' + * + *

- 1 * +8% 4-3% +8 - * - * 4-*

+1VJ + *

- 3 % —I + 1 * +3% 4-3* +1*4 +1% 4-2*

- 1 * -M

- % ~ *

( 7 W a l l S t . , N e w Y o r k . ' \ Money loaned on l isted securi t ies . Orders executed for S l O C K S . B O N D S . COTTON, / GRAIN, A C . cash or on margin.

^ T E L E G R A P H FOR A V E R Y I M P O R T A N T MAR-K K T L E T T E R J U S T ISWUED POINTING O U T B E A R I S H CONDITIONS EN T H E F O R E I G N F I N A N C I A L C E N T R E S . ONE OF T H E MOST IM­P O R T A N T L E T T E R S E V E R ItiSUKD FROM MY O F F I C E .

190f J 2 D E D I T I O N 1 0 0 1 O F OUR P O C K E T STATISTICS.

STOCKS, BONDS. S T R E E T R A I L W A Y S , I N D U S T R I A L S .

Free upon appl icat ion.

Wm, Cossitt Cone & Co., 4 4 B R O A D S T . , N E W Y O R K .

MEMBERS CONSOLIDATED STOCK E X C H A N G E . A D V A N C E S procured upon sa lar ies without pub­

l i c i ty ; e a s y ' p a y m e n t s ; prompt attent ion. Room 103. Pot ter Building, 145 Nassau.

LOANS Furniture In use; business confidential. Ji. St. CO., 11 Broadway. 100m 221.

M o n e y L o a n e d o n S a l a r i e s . TOtdatAN, room 1.417. 320 Broadwav.

or rooms 519-620. 367-378 Fulton s t . . Brooklyn. S A L A R Y . MONEY LOANED on salaries , fur­

niture and other securit ies; a lso mer-c h a r t s : confidential. Office 437. 21 Park row.

W A N T $125,000 011 Broadway building. Principals quote rate to OWNER. 112 Herald 23d St .

W B loan money to people In any kind of business; a l so on salaries. 150 Nassau s t . . office?729. ~

D i v i d e n d s . A.—A.-i-A.—

THE BIRKBECK Investment Savings and Loan

Company OF AMERICA,

N O . S C O O P E R U N I O N . T R U S T E E S : -

Hon. Charles S. Fairebi ld,

P'*10PqSAL81 P R O P O S A L S FOR T H E REMOVAL OF ~

W R E C K O F T H E U. S. S. M A I N E FROM THE H A R B O R OF H A V A N A . T U B A .

Office of Caota ln of she Tort,? Havana, Cabs , Dee. 26, 19W. 5

By direction of the Military Governor «t Cuba. I am" authoriaed t o rece ive sea led proposals for the removal of the wreck of the U. S. P. MAINE, now ly ing in the Hnrbo- of H a v a n a . Cuba. These pro­posals w i l l be publ ic ly opened at 12 o'clock no*>o, February 1. 1901

Each bidder w i l l b e required t o submit with his proposal such plans , drawings , description or data of the method ny which it is proposed to accomplish the work. In order that an inte l l igent decision may be reached as to the des irabi l i ty or feasibi l i ty there­of: but It must be understood that the use of ex-plos ives tvlH. be prohibited.

The t ime a l lowed for the complet ion of the werk of removing the wreck together w i t h all api>aratus employed. Is extended t o July I, 1901.

All mater ia l recovered from the wreck will be­come the property of the successful bidder.

A bond, duly e x e c u t e d . In the sum of $25,000.00 wi l l he required from the successful bidder for ths fa i thful compliance w i t h the terms of the contract.

The right t o reject any or al l bids la reserved. L.UCIEN YOUNG.

I/ icutenant Commander, U. S. N.. | Captain of the Port

P R O P O S A L S FOR T H E REMOVAL OF THE W R E C K OF T H E k S. A L F O N S O XII . FROM THE H A R B O R O F M A B I E L . CUBA.

Office of Captain of the Port. 1 Havana . Cuba, D e c . 26. 1900. J

Bv direction of the Mil i tary Governor of Cuba. I am* authorised to receive sealed proposals for the removal of the wreck of the S. S. ALFONSO XII , now ly ing at the month of the harbor at Mariel. Cuba. These proposals wi l l be publicly opened at 12 o'clock noon. February 1. 1901.

Each bidder wi l l be required t o s u b m i t wi th hia proposal such p lans , drawings , description or data of the method by which It i s proposed to accomplish the work. In order that an in te l l igent decis ion may be reached as to the des irabi l i ty or feas ib i l i ty there­of. 09

The t i m e a l lowed for the complet ion of t i ie work of removing the wreck, together w i t h a l l apparatus employed, i s extended t o July 1, 1901.

All material recovered from the wreck will he. come the proj>erty of the successful bidder.

A bond, dulv executed . In the sum of $5.000 00 wi l l be required from t h e successful bidder for the fa i thful compl iance wi th the term* of the contract.

The right t o reject any or al l bids i s reserved. LUCIKN YOUNG.

Lieutenant Commander. U. S. N.. Captain of the Port.

RAILWAY OPENED IN PERU.

L i n e f rom Lima, to M a g d a l e n a Praised b y t h e P r e s i d e n t of t h e

Bepub l i c . [ B T M E X I C A X C A B L E T O T H E H E K A L P . I

L I M A . P e r u , v i a G A L V E S T O N , T e x a s , g u n -

d a y . — T h e n e w r a i l w a y l i n e b e t w e e n L i m a a n d M a g d a l e n a w a s o p e n e d , b y P r e s i d e n t R o m a n a y e s t e r d a y . T h e P r e s i d e n t c o n g r a t u ­l a t e d C h a r l e s W a t s o n , m a n a g e r o f t h e E n g ­l i s h r a i l w a y f r o m C a l l a o t o L i m a , o n t h e e x ­c e l l e n t c o n s t r u c t i o n o f t h e l i n e . T h e p e o p l e o f M a g d a l e n a w e r e w i l d w i t h e n t h u s i a s m .

C h a r l e s S o u t h w a l l , a n E n g l i s h m a n , for t h i r t y y e a r s e n g r a v e r a n d d e s i g n e r a t t b a m i n t . I s d e a d .

S e f t o r P o r t i l l o , t h e - p r e s e n t M i n i s t e r o f W a i \ w i l l b e a p p o i n t e d g o v e r n m e n t d e l e g a t e l a I q u i t o s .

C E N T R A L A M E R I C A N COFFEE.

Hon. Abram S. H e w i t t . Gustav H. Schwab, Charles M. Jesup, Wm. G. Park, Bobbins B . Smith , Samuel E. Ki lner ,

Hon. Isidor Straus. Col*. Wm. I. Brown. A. Augustus H e a i y , A. Abraham, Orlando M. Harper, Wi l l iam H. Yale .

+ * - 4 % - 1 *

**4% 4-* 4"*

4-2% - %

. 4 - 1 * - *

- l ' i - 4 * - 9 * —1

4-* - * + *

+ 2 * - %

- 1 % - 2

Adams Bn>r#s».... •Aaial. Capper,.,., Aa*. C. A 1*. Co.. A. c * r..Ofc pc Asa, CottflB O I L . . Am. Co*. OH p f . . . AuiTK-an Express . •American MM Co.

•ram trs-c©. pf... • A m . U n s e e d C o . -•Am. Lia, Co, pf. • A » . Malting 0 0 , .

59.700 »$ l»,43n 2 3 *

9.873 73 2,420 31%

M» 9 0 * 596 l » i

5,1«0 41 3O0 11%, »55 T.-

3.5V, 3714 709 o *

150 9 0 * 22 71 30% 90%

I-'', 3 8 *

7 35

4%

150 9 1 * 2 2 *

I** 9 0 *

18« 3 9 * 70

T 3 8 * m

- i % 4% 4%

—4 4%

Atlant ic . - • •

B A J | - G t o -

Bowlf O. E x . Brooilyn . . . . . Central •••x-CB.B.A T.Co. City Coloniali . . . . • C o n t i n e n t a l . . F*rm.L- * •*<•**• Fifth AT Flathush

SSr̂ ff" B-E Guar. T. Co Hamilton Kings Co . K i i c W b o d k e r <«0 Law. Sarety *

Bid. Asked. 350

325

K. »»

_ker too

Asked. 225 Manhattan . . ......

- r Manufaetnrer*' 315 315 Mercantile . . . 810 ISO Metropolitan. 490 425 Morton 500 1—

2,100 Nassau 190 s»0 306 N s t . Sore ty . . 140 "Go 350 X. Am. T r . . . 220 230

1,405 People 's . . . . 325 _ — B. E. Tr. Co. 310 — — Standard 225

300 T. Guar. A T. 460 — T. Co. of Am. 210

675 T.Co. of N.Y. 195 275 Union 1,375

— US.M.A T.Co. 410 — United States . 1.600

105 Washington .. 3 0 0 — Williamsburg. 200.

The Board of Trustees of th i s company h a s th i s day declared a dividend at the rate of

4% Per Cent Per Annum out of the earnings of the s ix mouths ending De­cember 31 on a l l . c l a s s e s of the company's stock.

Dividend checks w i l l be mailed t o all holders of income stock on January 15.

December 31 , 1900. , - ^ J l ^ H j ^ P J ^ R ^ ^ S f c r e t a r y .

The Bowery Savings Bank 128 A N D 130 BOWERY '

N E W YORK, Dec . 20, 1900. A setni-annnal dividend at the rate of F O U R

P E R C E N T per annum has been declared and wi l l be credited to depositors on all sums of $5.00 and upward and aot exceeding $3 OOO which sha l l have been deposited a t l eas t thre» months on the first day of January next and wi l l be payable on and arter»Mono*y, January 21. 1901. -nuuary

Money deposited on or before January 1901, wi l l draw Interest from January l

JOHN D. HICKS, President HENRY A. S C - m N C K ^ o m p ^ . J m "

10.

Great Competition for Trade Among ths Steamship Lines.

[BT MEXICAN CABLE TO THE HERALD. 1 P A N A M A , C o l o m b i a , v i a G A L V E S T O V . T e x a s ,

S u n d a y . — T h e H E R A L D ' S c o r r e s p o n d e n t l a G u a t e m a l a r e p o r t * t h a t , t w e l v e t h o u s a n d q u i n t a l s o f c o f f e e w e r e s h i p p e d l a s t w e e k . T h e r e i s k e e n c o m p e t i t i o n b e t w e e n t h e K o s -m o s L i n e , t h e P a c i f i c M a i l , t h e P a c i f i c S t e a m N a v i g a t i o n C o m p a n y a n d t h e S o u t h A m e r ­i c a n s t e a m s h i p c o m p a n i e s .

T h e H E R A L D ' S c o r r e s p o n d e n t i n S a n S a l v a ­d o r t e l e g r a p h s t h a t w i t h a h i g h e r t e n d e n c y t h e c o f f e e m a r k e t c o n t i n u e s w e a k . T h s a m o u n t s h i p p e d b y A c a j u l t a i n D e c e m b e r w a s 10,915 b a g s o f 150 q u i n t a l s e a c h .

N I C A R A G U A A T EXPOSITION.

Siegel-Cooper & Co., Bankers.

6 t h a v , , 1 8 t h a n d l Q t h s t s .

Interest at ^ the rate of 4 r>er e»nt annum credited to depositors on j - ^ . r Pr, r

1901, for the three and s ? i 2 n t h ? u ' 7 , 2 ' December 31,1900. monthn e n d * n *

Deposits made before the tenth , i . „ „ . month draw interest for full n i n t h * 7 ***

Banking hours 9 A. M. to 5 ^ Q p* ^

480 215 200

1 , « 0

. IS

•MTU K G t 8AVMQS BAHK 266 West 8 4 t h s t . (near 8th * T . ) .

emi-Annual D i v i a ^ n ^ 70tl

Commissioner for Buffalo Is Named by* the Government.

[BT MEXICAN CABLE TO TH« HERALD.] PANAMA, Colombia, via GALVSSTON. Texas,

Sunday. — The HESALD'S correspondent a-t Managua, Nicaragua, telegraphs that Ale­jandro Bermudez, sub-secretary of public works, has been named as Secretary of the Nicaraguan Legation in Washington and Commissioner to the Pan-American Exposi­tion in Buffalo.

A telephone line is being constructed from Granada to San Juan del Sur, and also a special telegraph wire. The cable company's differences witti <he government have been submitted to arbitration.

. N E W H T N I S T E B I N ECUADOR.

[BY MEXICAN CABLE TO THE HERALD.1 PANAMA, Colombia, via GALVESTON, Texa*.

Sunday.—The HERALD'S correspondent in Quito, Ecuador, telegraphs that Felicisimo Lopez, former Consul in New York and re­cently special envoy to Venezuela, has been made Minister of the Interior In Ecuador.

S E C T O R T W E N T Y - F I V E Y E A R S .

be of i l l E B

Depbalte made on or before January ] o _ « , , . „ _ m e i s f i k f r o m January 1. * w w m a r , w

. _ _ ! S A M U E L D . STYLES. P r * . i a . „ r lANDEK^C. MILNE. Treasurer! " ^ w * * 1 -m M. S H A W . Secretary. «

HO EXTRA CHARGB F O B IT. Advert isements tor the H E R A L D may ** imtt . 1

OTO* to tat «w». -™— * ...

The Rev. Cornelius S. Abbott, rector of Christ Episcopal Church, of Belleville, N. J., celebrated the twentyrflfth anniversary of his paatorate yesterday. A large number of former and present members attended. At the morning service Mr. Abbott preached a sermon appropriate to the occasion. The Ladies* Guild will tender Mr. Abbott an in­formal reception on Wednesday afternoon. The committee in charge of the affair con­sists of Mrs. Robert Minion, Mrs. Sidney Scott, Mrs, Harry Clark. Miss Mary Staniar a&4 Miss Emma Wharton.

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