The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31

dealt in In London Declined during lne
year 81, 700, O0O,O
The Pittsburg Stock Exchange, which
was closed since the October panic, is ex-
pected to reopen January Is.
Bankers expect that as soon as the bank
reserves Of New York begin to show
a surplus ths Secretary Of the Treasury
will withdraw a large amount of Govern
ment deposits. The treasury working bal
ance is no-z about s3OOO,O00, and within
the next ten days the New York banks
will have to repay 100000 of the $7s,-
900, 900 which the Government has deposited
in New York. tr
Bav State Gas on the New York Curb
has been making high records nearly every
day for the past week, Since Thomas w.
Lawson became at the head of the cor
poration 1t has been on a constant rise, and
the feature of the market. The trading
In the stock has been enormous, and many
people of limited means have been invest
ing their cold cash in the stock. Bay State
Gas is a speciality, and they are dangerous
to fool with. Maybe Bay State Gas is an
other lemon HANDED to the public, like
Trinity and other good things which Law
son has gone into selling large blocks on
the TlSC anu lutl DuiiiiB JIG pt6F 5iNih6
many reasons, through advertisements In
the papers, ETC., for their crash.
The New York Produce Exchange grain
trade and the cotton oil trade and the
Chicago Board of Trade grain trade will
close at / D. m. today, on account of New
Years festivities taking place at thai hour.
1t has been a usual custom with these ex-
changes.
The United Theological Survey has issued
a report showing that in 1906 the United
States produced $94, n $500 Of gold and $685.
256, 400 in silver, the silver being valued at
81 cents an ounce.
When, a few weeks ago, a large number
of memberships on the New York stock
exchange were sold and partnerships We're
exchanged, it was expected that by the
first of the year or after there would be
many houses dissolving or a reimbursement
in partnerships. Now 1t is said that all
Such reports are to the contrary. All
houses which have not been having favor
able business since the panic will manage
to arrange it's affairs so that they continue
without interruption.
For the year Of 1907 the New York Con-
solidated Exchange shows a total OF 49,
1888, $50 shares of stock traded In on its
floor. The number of shares of mining
stocks is about $50, 900 greater than for the
previous year.
Brokerage firms, employees and bankers
are figuring out when the holidays of 1908
fall on. Washington's Birthday, Decora-
ton Day and July 4 come on Saturdays,
giving double holidays for banks and
Stock Exchange houses. Christmas comes
on Friday, and, as is usual the case there
will be a holiday Thursday to the follow
ing Monday.
About 65 per cent. Of the depositors of
the Knickerbocker Trust Company, of
New York, have assented to the reorgani-
cation plan.
At a meeting of more than two-thirds
Of the stockholders of the Mobile, jack
son and Kansas City Railroad Company
and the Gulf and Chicago Railroad Com
pany, it was decided to transfer the hold
ings Of the two companies to the New Or
leans, Mobile and Chicago Railroad, which
will take charge Of the roads.
The New Orleans Stock Exchange will
not resume trading on January 2, as was
decided by unanimous vote on December
IA. The date which has been agreed upon
for a general resumption Of business is
January Is.
NOW 1nOmdb w. hdWSuH mas DeBul q
battle to secure seats in both the New
York n Boston Stock Exchanges. In an
open letter to brokers Of New York and
Boston he says he has secured options on
membership in both exchanges, and IL
elected will form a partnership with Theo-
dore Hastings and at once begin an active
campaign.
The value of New York Stock Exchange
seats during the year of 1907 made some
sensational somersaults. At the beginning
Of the year a seat was sold as high as
$4,000. and during this month as low as
$1,000.
Leading copper producers say that there
is little change in the situation. Consum-
ers show no disposition TO buy, and the
little demand from abroad does not amount
TO anything.
Exfrn Rent.
II accidentally tore one Of the curtains
this morning" said the roomer. What's
TO be done about itg'
"I'fi tell the landlady," replied the