Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-01-08
AND
COMMERCE


New York. Jan. THE most sig
,iecant events of today from a finan-
cial standpoint We're occurring out
.faa the stock exchange II the vol
nmo Of business done on the floor OF
tho exchange shrank materially until
~ spurt of activity which accom-
nanied the bouyant rise late in the
aav The points of positive strength
naro found outside the list of stocks
ordinarily most active in the trading
ma mostly in those Of a minor trade.
v,,r york Central and Consolidated
as gave substantial evidence of re-
lief from selling pressure and their
strong recovery was a great help by
evunathv to the rest of the market.
strong sentimental influence was
everted also by the advance of Uni
ted states steel which was due to
sneculative differences drawn from the
offer by the directors of their com
mon stock to employees at $40 per
share in pursuance of the profit shar-
mo man In the Colorado & South
ern stocks, orders again made their
annearance apparently for all offer
ines of those stocks up to designated
fE1lneS. 1t was d99hhiNo 'h'N -
details Of the purpose of the Chicago,
darlington & Quincy towards these
securities were reflected in these move
ments but no announcement was
forthcoming to throw any light on the
spbiect. The Rock Island movement
had TO do with a rumor that a change
in the status of the common stock
vas intended which should give it
equal voting rights with the preferred,
St Paul's movement was incident to
n eupposition that the authority Tor
issuing bonds on the Pacific coast cX-
tension might contemplate the reim-
b1rsement of stockholders for funds
embarked in the building of the ex-
tension. There was a volatile advance
in MINNEAPOLIS. st. Paul & Saul Ste.
Marie in response to rumors of the ac-
uulsition of this or that railroad IN
the United States, which would serve
to give the powerful Canadian Pacific
system an entry to the country's rail-
road traffic. The number of new
bond issues and sales was the feature
of the days financial news, Those
included in this market, a public Of
fering Of SIT, SOC, 600 Denver & Rio
Grande bonds, the sale to bankers of
100000 of New York City revenue
bonds and of $S,OO0,000 Chicago & AL
ton bonds and various smaller trans
actions of a like sort. London was TAX
en- up with the $40, 600, 600 Transvaal
loan and Paris is expecting speciica-
tons of the SECS, 900, 900 Russian loan
offerings. Foreign securities market
are somewhat neglected in face of
these events and some such effect is
looked for here. Closing stocks:
Amalgamated Copper ...... S4A
American car and Foundry . 49B
do pfd.
American Cotton Oil .......... Az
American Hide and Leath pfd.. 37B
american Ice Securities ...... 1885
American Linseed =. ........ 1874
American Locomotive .....,.. ON
do pfd. .
American Smelling and Ref. SO
do pfd.
American Sugar Nefining. .....l29
American Tobacco pfd. ........ SO
American Wooden -. ......... 30R
Anaconda Mining Co. ......... so
Atchison . .
w plu- . y
Atlantic Coast Line ...........1o9%
Baltimore and Ohio ......11l$
do pfd. .......,.. 81
Brooklyn Rapid Transit
Canadian Pacific .............l16s
Central Leather ......... 81
do pfd. . $3.50, q
Cent. of N. J, ,,sa,,,,22s @2S9
Chesapeake and Ohio ...... 52%
Chicago Great Western ...... $
Chicago and North Western ..l7SA
Chicago, Mil. and st. Paul ....150h
G., c., c. and st. Louis 49,. 70A
Colorado Fuel and Iron .,..... 45$s
Colorado and Southern ........ s.
do LIST pfd. ...........,. S4%
do End pfd. ............. S4h
Consolidated Gas. ...........l2S&
Corn Products .......... 1914
Delaware and Hudson ......lfsh
Denver and Rio Grande ...... 3sla
do pfd. SIZE
Distillers' Securities j.. ....... 5'la
Erie 1885
do LIST pfd. aga
do End pfd. SS1&
General electric .ce.lof
Great Northern pfd. ........l46%
Great Northern ore cts. ..... 7fN
Illinois Central . 1861
marlborough Met. ......... 1Sh
do pfd. 4SA
International Paper ....... IL
do pfd. %
International pump ......... 4OA
Iowa Central .......... Boss
Kansas CITY southern ..... 40%
do pfd. 7O%
Louisville and Nashville ......l25h
Minneapolis and st. Louis ..-.. 90
Mimi. st. p and Sault ST. M..l44lR
Missouri Pacific .........-. 1O%
Missouri. Kansas and Texas ..-. 42lA
Inc foods we eat furnish energy
for H. I~I., :.--- L-.:,U coal