The daily morning journal and courier., 1904-02-29
LOCAL FINANCIAL NOTES
FEATURES OF INTEREST FOR
 LOCAL INVESTORS.

The Interest Prevailing Regarding the
 Stock O the Fair Haven and Westv'iIe
 R. K. co.-consolidatea Road stock
 sns stocls Rtghts-Oiher Rights.
 One hundred shares of New York,
 New Haven and Hartford Railroad
 company stock sold in one lot in New
 York last week at 19O, and this price
 was bid for more without finding it.
 Sales of smaller lots were made from
 1o2 1-2 to 1e1 1-2. closing at 1s1. The new gold per cent. bonds recently is- sued by this company and due in 1914
 are quoted at 1O2 1-2 bid and 1OS asked
 Temporary receipts are given to pur- chasers. receipts to be exchanged for bonds next month. Southern New England Telephone company stock is quoted at 1S0 bid. The new stock was all well placed and there is very little now offering. New Haven Water company stock has sold as low as $105 per share, though most offerings are at from 106 to 1OS. New York and New Jersey Telephone rights expire in New York tomorrow and here to-day. Closing quotation was l 3 1-2 bid and 7-8 asked. Rights on Greene Consolidated com pany sold from cents to cent, closing at cent. These rights expire to-morr row.
 ] Brooklyn Union Gas rights also expire l tomorrow. These rights entitle the l holders to subscribe at part to a 6 per cent. bond, convertible into stock on or after three years from March 1, 1904, until March 1. 1909. The owner of 25 shares can subscribe to a $500 bond and | larger amounts in the same proportion. New Haven Gas Light company rights have been somewhat more active 1 from 7-S to 3-12. They expire on l March 15. The first installment of 25
 per cent. is due and payable April 1. There has been quite great deal of talk about the possible sale of the Fair Haven and Westville Railroad com nany. but nothing definite is known. 1 1 These rupiors caused the stock to ad- vance from S36 to S39.b0 per share. Quite 1 a number of owners are holding their stock for $40 to $45 per share, figuring l that if it were leased, as some holders
 surmise as possible. at per cent. per annum, the stock would then sell on basis of 4 per cent. net equal to $43.75 per share: if, however, a lease is I thought of, and it should be at 6 per cent. the stock on the same basis would be worth only $S75O per share, and present quotations are too high. | Several old holders say the present rise | is only a speculative rebound from the low prices Of last fall when the stock ] touched the lowest figure for eight years.
 l Dividends soon due are l Boston and New York Air Line, 2 per l cent. payable April i; books close l March 20.
 l Adams Express, $2 March 1: Feb. il. Americal Coal, 5, March 1; Feb 19. American Cotton Oil,2, June 1; May il. l American Rvs, 1-2, March 15; Feb. g. l Anal. Copper, 1-2. Feb. 29; Jan. 2S. Balto. & Ohio. 2, March 1; Feb. 1S. 1 Balto. & Ohio pf, 2, March 1; Feb 13 l Barney Smith pf, 2, March i Feb. IS. ! oOolOIl cN VNdlllc DO, NNdICII IL T GU. 10. ! Brooklyn Union Gas, ?, March 1. l Calumet & Hecla, $1O, March p; Feb
 ruary 29.
 1 C., C., c. & St. L., g. March 2; Feb. 9. Chic, Ct. W. pf A, $25O, Feb. 29; Feb ruary 13
 | Cleve. & Pitts, 1 S-4, March 1; Feb. 10. 1 Colorado & Hooking, 1-4 March 1. l Consol Gas of N. Y, ?, March 15: 1 February 25
 Del. & Hud, S-4 March 15; Feb PA. l Diamond Match,2 1-2, March 12; Feb. 27. 1 Erie 1st pf., ?, Feb. 29; Jan. 30. l International Paper pf, 1-2, April 1: ! March 15.
 ational Biscuit pf, S-4 Feb. 29; Feb ruary IT.
 National Lead pf, S-4 March 15; 1 February 26.
 National Lead pf, 1 3-4, March 15; February 26.
 New Central Coal, ?, March I; Febru-
 ary 24.
 N. Y, c. & St. L. 1st of, 5, March 1;
 February 3.
 Pressed Steel Car, ?, Feb. 29; Feb. 8. | Quaker Goats pf., 1-2, Feb. 29; Feb. ] Reading 1st pf, 2 March 10; Feb. 2s. Rubber Goods Mfg pf, 1 a-4. March 15; 1 March 4.
 Standard Oil, s16, March 15; March 1. Union Pacific, ?, April 1; Feb. 2S. i U. s. Envelope of. March 1 Feb. 15. U. S. Leather pf, 11s,April 1; March 12. Utica & Black River, 3 1-2, March 30.
 March 15.
 Old Colony R.,1 3-4, April 1; March 20.