Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-01-10
AND
COMMERCE
Wall street.

New York, Jan. 9.-The stock mar
ket had to contend again today with
rho effort of a violent Freak in one
cornpany's shares in which there had
been an ordinate speculation based on
assumed favorable developments fol-
lowed by limitations of coming disap-
nointment of speculative hopes. These
we're conveyed in the reports of a
heavy assessment involved in the reor-
sanitation of the New York traction
.vstem. The effect was seen in the
ak point break in marlborough Met
ronolitan preferred, which measured
the extreme loss. No definite infor-
nation was Forthcoming 20 guide the
nerturbed spectators in the stocks.
Added to this factor of disturbance il
became evident hat support was no
longer effective, if it vas attempted il.
a considerable number of stocks of
smaller railroad systems which have
undergone recently a process of specu-
latiye exploitation by the circulation
or Increase in dividend distributions
Of mergers with more powerful com
NAMES and by other suggestions of
coming happenings which would re-
dound to the profit of shareholders in
these companies. The sentimental eff
feet was bad ON the whole list. In
aucnces from abroad were deprcss-
ing. London being dissatisfied with its
monetary outlook. The call for re-
lief on New York is expected to lead
a considerable outgo Of gold compu-
tations running as high as $40, 0O0,-
ana AltI.,,,~t, chic xytlI no .A.rB1n1 |
with trust company requirements dur.
ing January for additional cash esti-I
mated at upwards of $4,000, 900 to
meet the increase in reserve obliga-
tons on February first, little appre-
henslon is felt of a rise in money rates.
The actual increase Of nearly $20..
600. 600 in the cash holdings reported
BY the clearing house banks figured for
only St1, 0O0, 600 in the statement OF
averages, in which also the loan eX-
~pansion so far kept pace with the
cash deposits that the Increase in sur !
plus was limited to $1,7S5,650. Clos
ing stocks;
Amalgamated Copper. .,..,.. S1M
American Car and Foundry $50. 40
40 pld- .
American Cotton Oil ........ 43H
American Hide and Leath. pfd.. 1914
American Ice Securities . ..... 2O%
American Tel. and Tel. ........126%
American Linseed /. ........... 1875
American Locomotive ........ Sc
do pfd. . ......
American Smelling and Ref. -. S5A
do pfd. . ...... ....... ..lO3
American Sugar Refining -. ..127%
American Tobacco pfd. ....... 92R
American Wooden .......... 20
Anaconda Mining Co. ......... As
Atkinson =. 993s
DO pfd. O.. e
Atlantic Coast Line. . .........10Sh
Baltimore and Ohio .........110
do pfd. 81
Brooklyn Rapid Transit ...... 6SA
Canadian Pacific . ...........176B
Central Leather . ............ 303s
DO pfd.
Central of New Jersey. . ......23O
Chesapeake and Ohio ..,..... SIX
Chicago Great Western ........ So
Chicago AND North Western ...176
Chicago, Nils and st. Paul ....14S%
G., c., c.. and st. Louis ....... 70A
Colorado Fuel and Iron ....... II
Colorado and Southern ....... 60
DO LIST pfd.. 81 p
do 2nd pfd. ........... SO
Consolidated Gas. ...........l25A
Corn Products ......... 1SA
delaware ana Hudson ......lTS
Denver and Rio Grande ...... 3SA
40 pl1. 80
Distille.s' Securities ........ 36h
Erie BIZ
do list pfd Az
do End pfd. 367s
General Electric ..........f55h
Great Northern nfd. ........145la
Great Northern ore Ctfs...... II
Illinois Central . ............144h
marlborough Met. . canaan. 14A