The star and Newark advertiser. [volume] (Newark, N.J.) 1908-1909, 1909-03-06
LOCAL SECURITIES.



The following report is furnished by
Eisele & King, brokers
The past week again found some of the
local securities establishing new nigh
records. While the volume of business
was not extremely large, the strength of
all issues is very apparent. Public Service
certificates advanced to 1872, the highest
price at which they have ever sold. The
closing was 4Sl9 bid, offered at 50. 1t is
which this issue is now selling, it VIII ulti-
mately sell at a very much higher figure.
As a 9 percent, investment, Public Service
certificates ought to be attractive around
par.
Consolidated Traction Company stock
participated in the advance, closing ut 76h
bid, offered at q. This stock is being
steadily accumulated by investors, beng
an underlying security, and, at the present
price acting upwards of 635 per cent.
Newark Consolidated Gas stock was also
in public favor, advancing to 81, that being
the closing bid price, with none offered
under rs. As the floating supply of this
issue Is extremely limited, it is a some
offering. Essex and Hudson Gas and South
Jersey Gas, Electric and Traction Com
stock were rather inactive, the former
closing at 125 bid, offered ut LIZ, and South
Jersey at l9 bid, offered at III. Hudson
County Gas Is lis bid. offered at III; Gas
and Electric Company of Bergen County,
~ bid, offered at %; New Brunswick Light,
Heat and Power Company, at 60 bid, of
fered at 81; Paterson and Passaic Gas, SO
bid, offered at So.
North Jersey Street Railway Company
As We're strong and closed at rs bid, offered
at 70. Jersey City. Hoboken and Paterson
as advanced to 74% bid, offered at 75A.
United Electric Company Is are "A bid,
offered at 74&; South Jersey Gas. Electric
and Traction Company 5s, 9S bid, offered
at 80; Gas and Electric Company of Ber-
gen County os, 1919, lG1 bid. offered at 103;
New Brunswick Light, Heat and Power
County Gas 5s, 1853 bid. offered at 1oe;
Gas and Electric Company of Bergen
County IS. 1854, 80 bid, offered at 81. Con-
solidated Traction Company 5s are 10o12
bid, offered at LOG. This, in accordance
with the new ruling of the Philadelphia
Stock Exchange. is and interest Pater,
at 1O5; Bergen Turnpike Company 5s. 100
bid, offered at 101.
The bank stocks closed as follows: Ma
tional Newark Banking Company, 325 bid,
offered at ss5; National State Bank, 20J
bid, offered at 210; Essex County Ma
tional Bank, 800 bid, offered at 500; Fidelity
Union National Bank, $50 bid, offered at
400; North Ward National Bank. $50 bid,
offered at $500. Merchants National Bank,
bid, offered at 260; Manufacturers Ma
tional Bank, 235 bid, offered at $50; Irving
ton National Bank, lis bid. offered at 12o;
Essex, County Trust. Company, 30 bid,
6 6ifere oifa at 70; Federal 9l6. nn Trust G Gompanyy; ,, 2eP
of Elizabeth, 25 bid. offered at
250; Ironbound Trust Company, 1855 bid
Savings Investment and Trust Company, of
East Orange, 200 bid, offered ut 225; Trust
Company of New Jersey, 400 bid, offered
at 425. Commercial Trust Company, of Jer-
sey City, $50 bid, offered at $40; West Side
Trust Company, 1876 bid, offered at 200;
American Commercial Bank. of Newark, is
los bid.
Newark Fire Insurance Company stock
closed at 252 bid, offered at 255; Firemen's
Company at $40 bid. offered at
ESQ; Prudential Insurance Company at $50
bid, offered at 500; Colonial Life Insurance
at $50 bid. offered at 400; Amer
lean Fire Insurance Company at $50 bid,
offered at $50.