The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1897-01-11
LOCAL INVESTMENT NOTES,
January Investment Demands Light

Good Local Stocks Called for-The
Coal Roads-Dividends Due This
Week-New Haven Bank Clearings.
About the only local stocks Offering
on the market to meet the January
investment demand are those of the
New York, New Haven and Hartford
Railroad company and portion of the
new stock Of the Southern New Eng
land Telephone company. Practically
no gas, water or bank stocks are for
sale. In the way of bonds, the New
Haven and Centerville railroad first
mortgage per cent. bonds, which pre-
vious to the first of January have been
neglected by the average investor, are
now sought for at a small premium,
as under the new management they are
virtually guaranteed by the Fair Ha-
ven and Westville railroad.
New York, New Haven and Hartford
railroad stock has been very steady
from 1T to 17S; the debentures at 1851
to 1861.
The reduction of the dividend of the
Delaware and Hudson Canal company
from the annual rate of per cent. to
y PCl CSlll., WILL CuI Tall lIlC iAlSoillC VI
a good number Of the older New Haven
investors. Both this and the stock of
the Delaware, Lackawanna and West
ern railroad were favorite investments
here thirty years ago and have largely
been retained in families since that
time
On Friday of this week the follow
ing dividends are due:
Bridgeport Electric Light company, 2
per cent.
Boston Electric Light company 11s
per cent.
American Bell Telephone company.41s
per cent.
Portland Electric Light company, 11a
per cent.
New Haven Electric Light company, 2
per cent.
Southern New England Telephone
company, IL per cent
New York and New Jersey Telephone
company, ~ per cent, and / per cent.
extra.
New York and Pennsylvania Tele-
phone company, IL per cent
Proctor & Gamble Co, preferred,
per cent.
Texas Central railroad, preferred, 2
per cent.
Postal Telegraph company, 1 per
cent.
Western Union Telegraph company,
IL per cent.
United States Rubber company, pre-
ferred, per cent.
Wells Fargo & Co. Express, 8 per
cent.
New York Central and Hudson River
railroad, l per cent.
New England Street Railway, per
cent.
Northern railroad of New Jersey, u
per cent
Minnesota and ST. Louis railroad,
first preferred, az per cent.
Minnesota and st. Louis, second pre-
ferred, ~ per cent.
Maryland Coal company, preferred,
per cent.
Mexican Telegraph, 21a per cent.
Rhode Island Perkins Horse Shoe,
preferred IL per cent.
John B. Stetson company, both COM
mon and preferred, per- cent
To-day the Standard Gas Light COM
pany of New York city pays dividend
of l per cent. on the common and
8 per cent. on its preferred stocks.
| On Wednesday, the Mexican Tele-
graph company pays quarterly divi-
dend of az per. cent.
Transfer books of the American To-
bacco company will close January Is
for dividend of 3 per cent. on the
common stock and 2 per cent. on the
preferred stock, both payable Febru-
airy 1.
The coupons due December 1, 1896,
on the Union Pacific Railway Collateral
Trust company per cent. bonds will
be paid on and after to-day by the
New England Trust company of Bos-
ton, Mass.
The New England Loan and Trust
company advertise to pay on February
it's debenture bonds series 5, due Aug
ust 1, 1897.
Clearings and balances of the New
Haven banks for the week ending jan
uary and for the corresponding week
of last year, are furnished by the sec
rotary of the New Haven clearing
house, by days, as follows:
| Jap eAoo 90 % gro doS 81 SOeo 211 q