The daily morning journal and courier., 1902-07-07
LOCAL FINANCIAL NOTES
FEATURES OF INTEREST FOR
 L0CAL INVESTORS.

Experts Figuring as to Value of Gas Co. Convertible Bond Rights-The Notable Rise in Swift 6 Co. Stock Consolidated Stock Firm-noIds Its Rise We'll.
 New York New Haven and Hartford railroad stock remains firm in price. but quite dull, recent sales being 23O to 23lA. No sales reported of the conver- tibIe As.
 Swift & Go. stock has caused consid- erable interest on account of the recent large rise to 131h. Quite a number of investors have taken advantage of this rise to get out of stock, which aver aged them not over par. Chicago ru- mors are. that Armour is trying to buy control, but large holders here do not seem to have this rumor confirmed.
 An issue of per cent. convertible bonds by the New Haven Gas Light Co. marks an entire change in the fiscal pol icy of the company. In it's previous fifty years of existence. all calls for new capital were made by an issue of stock. Holders are trying to figure out what the probable value of these rights will be, the uncertain element being the probable price of the stock five years from next October.
 Diamond Match Go. in demand at slightly higher price.
 Dividends soon due are:
 American Car Foundry, pf., 1%, Au- gust 1; books close July 10.
 American Car Foundry Co.,, F, Au- gust 1: books close July 10
 American Chicle com., 1, July 10; books closed June 26.
 American Locomotive pf, 1%. July 21; books closed July ?.
 American smelting pf, 1%, July &; books closed June A.
 American Telegraph & Telephone Co.,, 2A, July 15 books closed June 30.
 American Tobacco pf, 2, August l.; books close July 15.
 American Tobacco com, 21z, August |; books closed July 15.
 American Woolen, pf., 1%, July 15; books closed July 2.
 Atchison pf, 21a, August 1; books close June 30.
 Canada Southern, 1, August 1; books closed June 30.
 Chicago X Alton pf, 2, July 1: books closed June 21.
 Chicago Great Western pf A, 2k, July 31; books closed June 2S.
 C., C., c. & St. Louis pf, 1A, July 21; books close July 3.
 Denver & Rio Grande pf, 21a, July 15; books closed July 1.
 Delaware, Lackawanna & Western, 1%, July 21; books close July 8.
 General Electric com, 2. July Is; books closed June 25.
 Hooking Valley. com, IF, July .19; books closed June 2S.
 Hooking Valley, pf, 2, July 19; books closed June 2S.
 international Steam Pump, pf., 11a, August 1.
 Lake Erie & Western pf, 2, July 15; books closed June 90.
 Lake Shore, 3k, July 29 books closed June 30.
 Metropolitan Street Railway, 1A, July 29; books closeed June SO
 Metropolitan Street Railway, 1%, July 15; books closed June "A.
 Missouri Pacific, 2h, July 21; books closed July 2.
 New York Central, IA, July 15; books closed June 30.
 New Jersey Telephone, IF, July 15; books closed July 5.
 Rock Island, IA, August 1; books closed June 20.
 United Fruit, 11s, July IA; books closed June 30.
 United Shoe Marchine pf, 11s July 15; books closed June 21.
 wells-Fargo, 4. July IA: books closed June 30.
 Western Union, IA, July 15; books closed June 20.
 The clearings and balances of the New Haven books for the five business days ending July g. are furnished by the secretary of the New Haven clear ing house; also the clearings for the corresponding days of last year.
 1902 Balances. 1901.