The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1896-06-08
LOCAL FINANoIAL NOTES.


The Consolidated Railroad stock-U. S.
Rubber Stook-Many Local Holders of
Observation-Disclosures Clearings.
New York, New Haven and Hart
ford railroad stock sold at 177A during
the past week, closing at a slight re-
action to 1771s. This is quite handsome
rise from 1924 during the last three
weeks. The directors have their regu-
lar meeting next Saturday, when UNI
doubtedly, the usual dividend of per
cent. will be declared. The larger part
of the purchases We're made in Boston
for Massachusetts investors. Deben-
ture tours have been firm in price
around 1921. with no large lots offer
| ing.
The course of price of stock of the
United States Rubber company has
been rather declining since the annual
meeting. The report was a good one,
| but the preferred stock has not risen
in value, and the common stock has
fallen off 8 per cent. upon the often
repeated rumor that Mr.. Banigan of
the Woonsocket company was about to
I start an opposition company.
Transfer books of the Diamond Match
company closed on last Friday for the
usual quarterly dividend of 2b per
cent, payable on Friday of this week.
American Express company has de-
clared the usual semi-annual dividend
of 3 per cent, payable July /. It is now
quoted ex-dividend at Ill.
Chicago and Northwest railroad is
sued their annual report last week for
the year ending June /; the report is an
excellent one, showing an increase of
! $4,000, 600 in gross earnings and nearly
$3,000,O 900 in net earnings. After the
payment of dividends there is left a
surplus Of $1,S4S650 against a deficit of
| $4,000 year ago. The directors de-
clared a quarterly dividend of ia per
cent. on the preferred stock and a semi
annual dividend of per cent. on the
common stock, both payable July 6.
The Central Pacific railroad has made
arrangements to extend 900 first
mortgage per cent. bonds, due July 1
1896. Under the terms of extension, the
principal shall become due on one and
one-half years from July l. interest
meanwhile, payable in gold at the rate
of per cent. per year, right being re.
served to redeem bonds so extended al
any time before maturity on payment
of the principal and interest at the rate
of per cent. The right of bondhold-
ers to avail themselves of this extern
sion expires June 20. Bondholders ac-
cepting the extension should deposit
them with Messrs. Speyer & Co, bank
ers, in New York, London and Amster.
dam.
The transfer books of the Boston and
Albany railroad closed last Saturday
for the usual quarterly dividend of :
per cent, payable June 80.
On Wednesday the Little Miami rail.
road will pay a quarterly dividend of :
per cent, and the Welsbach CONNER,
cial company quarterly dividend of /.
per cent.
The Providence and Worcester rail
road has declared a quarterly dividend
of 27a per cent, payable June 80.
The clearings and balances of thu
New Haven banks for the week ending
June and for the corresponding weel
of 1895 are furnished by days by thu
manager of the New Haven clearing
house. The totals of the week of thi.
year exceed last year by nearly pei
cent, and are greater than for the cor
responding weeks of 1894 or 1893: