The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-09-27

Trading in mining specialtes on the Bos-
ton Exchange yesterday was without fca-
ture. United States Mining was up II, Cop
4SIh. ~ ~ ~
Business was dull on the Berlin Boerse
yesterday owing to the uncertainty as to
the money situation in New York Better
London reports had little effect on the mar
ket.
The New York subtreasury has been d.
rected to anticipate payment of $550.0O0
Australian gold deposited at the San Fran
cisco mint for account of two New York
banking houses.
Public announcement was made yester-
day OF the purchase of the Congress gold
properties. of Congress. A. tt, by the De-
velOpment Company of America. The con-
sideration was not announced.
The Cincinnati, Milford & Loveland Trac-
ton Company, of Cincinnati, was incorpor-
ated yesterday by the Ohio secretary Of
state with 500. 900 capital stock The incor-
porators are B. H. Kroger, j. Nevin Rob
erts. j. M. Wilson, Claude Ashbrook and H.
l.. Gordon.
The weekly statement of the Imperial
Bank of Germany shows the following
changes: Cash in hand, increased. 1850 600
marks; treasury notes, decreased, 340 900
marks; other securities, increased, 1000 900
marks; notes in circulation, increased, H.
200 marks.
pany, with capital Of 100000, filed ar
ticles of incorporation at Newark, N. j.,
yesterday. The incorporators are George
III. Kelly George c. Whitcomb, James c.
Russell and Arthur i. Garford. The COM
pany will operate in Cleveland, o.
The United States Steel Corporation an
nounced yesterday that ii would mail
| checks to-day for the quarterly dividend
on its common stock, due Sept. 80, and that
the checks would be payable Sept. 90 The
sum of the quarterly dividend is s., OS3. OBS,
and that sum will be released TO the money
market.
Racaivers were opno;ntad OF paI,;r,o-o
yesterday for the Maryland Can and Manu-
featuring Company. The Indebtedness is
placed at 100000 and assets at $225 900. Re
ceivers were also appointed by consent for
the William Fait Canning Company The
indebtedness Is alleged to be 10000 and
assets 100000.
j. p. Morgan & Co. yesterday notified the
shareholders of the various companies and
corporations for which they act as fiscal
agents that they would anticipate October
interest and coupon payments next Mon
day, TWO Gays In advance OF the required
time. These payments, it is estimated, will
approximate $4,000, 900. This action is taken
to relieve financial conditions
The presence of three prominent Ameri-
can tobacco men. Messrs. Duke. Fuller and
j. Il. Cobb. in London is arousing the usual
crop OF irresponsible surmises. The prin-
cipals OF both the American and British
tobacco companies have up to the present
absolutely refused to furnish any infor-
nation as to any negotiations which may
be on foot. but the Indications point not
to an amalgamation, but desire to reach
some trade arrangement which will put an
Money was much wanted in the London
market yesterday for the payment of slO-
UO.WO or treasury bills and for the Stock
Exchange settlement. Discounts were very
| firm in anticipation of an early advance
| OF the bank rate. Operators on the Stock
| Exchange were occupied with the conclu-
sion OF the settlement Consols were steady
notwithstanding the efflux of governments
Americans had a general rally to above
parity, the action of the United States
treasury making favorable impression
The fifth conference of the International
Maritime Congress. at Hamburg, yesterday
discussed and adopted the draft of a treaty
relative 10 uniform law for collisions and
maritime salvage in the proposed code The
dlstlnction between salvage and assistance
| Is abolished and all successful services rem
dered 10 ship in peril give the right To
equitable remuneration, the sum to be
paid Tor successful service only, and cannot
exceed the value of the salved property
PERSONS VINO cooperate against the ex-
press PROMOTION of the captain of the ship
| In peril are barred from all right TO re-
Enumeration.
Justice Van Sickel. of the New Jersey
Court or Errors and Appeals, yesterday
MED written opinion in the United States
steel corporation case that was recently
decided by the court In the corporation
favor The case before the court was the
suit instituted by Mrs. Miriam Berger. The