The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-09-17
INDUSTRIAL AND FINANCIAL.

]. & w. Seligman & Co.. of New York,
announce they will receive $1,250, 900 gold
from Australia. The gold Is due at San
Francisco on Oct. 6.
A return of the British national debt
issues shows that the gross liabilities
March 81 were 1892. PIG, 800, an increase of
$313, 597, $40, due to the South African war.
Application was made yesterday to file
against the cloak firm of Meyer, Jonassen
& Co., of S57 Broadway, New York.
The directors of the eastern Oklahoma
lines of the Santa Fe system yesterday
filed with the territorial secretary an in
crease in their capital stock from 81, 100000
to $l0,0 600, 600. This company now controls
about $50 miles of road in Oklahoma.
The Alabama Steel and Wire Corpora
ton has fled a certificate Of incorpora-
ton with the Connecticut secretary of
state. Its authorized capital stock is S.
900, 900. z. T. Schiller and G. H.. Schiller,
of Birmingham, Ala, and Samuel L.
knight, of New York, are the incorpora-
tors.
and Assessment yesterday assessed for the
purpose of franchise taxation all private
car lines of the United States which rail-
road reports show operate through tina
was an arbitrary one, and. OF course, will
be resisted in the courts.
A telegram from Birmingham announces
that Guest, Keen & Co., authorized an alb
SOluIe OeUldl VI IL ICpOIt pUDll6utu OH the
London Daily Mail that a British steel rail
combine had been formed to control prices
and regulate the output. and that II in
cluded Guest, Keen & Co. and a number
of other important concerns.
Creditors OF Meyer, Johassen & Co.,
clothing manufacturers at s57 Broadway,
New York. filed a petition yesterday ask
ing tina the firm be declared bankrupt.
receiver. 1t is alleged the firm has sl0o. 600
worth of goods made up for the fall and
winter trade. and has other assets amount-
ing to 500, 900. The liabilities are not
stated, but are said to be In excess of the
assets.
Short loans were o~btainable at easy rates,
and money was plentiful in the market al
London yesterday. Discounts were firm in
in a month, combined with the situation In
New York and the uncertainty regarding
large pme of gold from London,
though 1t was considered probable that the
continent would be able to supply most OF
the American demands. Money is plentiful
in France, and the French bankers are in
a position to welcome the opportunity to
make shipments. This Is also the case in
Germany, where the actual accumulation OF
gold Is large.
Official notice was given out at the office
of ]. p. Morgan & Co. yesterday that the
time for depositing shares OF the Southern
Railway in approval of the continuation of
the voting trust had been extended till
Oct. /. The committee on securities of
the stock exchange decided yesterday that
these stamped certificates OF stock which
had been deposited at j. p. Morgan & Co. g
office end registered as approving the con-
tinuation of the voting trust could not be
Offered as deliveries In contracts for de-
livery of the Southern Railway stock. II
was said at the Office of ]. p. Morgan a
Co. that application would be made at once
to have the stamped certificates listed as
| separate securities.
Col. s. p. Colt, of Bristol. r. L., president
of the United States Rubber Company. re-
| turned from Europe yesterday. While
abroad Colonel Colt saw King Leopold ooi
Belgium relative to making permanen,
arrangements TO purchase rubber from the
| Belgian concessions in thte Orange FIRES
State. He also saw representatives OF
the South American Rubber Company, OF
| London. Colonel Colt said that the direct
ors of his company would meet on Thurs
day TO consider offers made by the London
| company and the King of Belgium. He add.
ed that IL the offers were accepted his com
| pany would take the United States Rubbe1
! Company out OF the open market and not
purchase crude rubber from importers.