Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-05-02
Days Financial
News and Gossip.

Boston--At the Giroux property. sur
race work around the collar of the new
sha1t mas been completed and a counle
OF acres of the solid rock of the NOM.
SIDE has been leveled off for the accom-
notation of ore bins. trackago and
the buildings of the permanent bois,-
ing plant. The frst-motion hoist wen,
INTO commission this week. Steel for
the railroad for the new shaft bac
nearly all been laid and the track is be-
ing ballasted. Three compartments of
me shaft aare being raised from the
l2oO-foot level at the rate of about 10
1oet day and the permanent timbers
are being put in as the raise progresses.
acknowledgements coke market
is Guieter, prices remaining substan-
italy nnshanged Prompt furnace coke
is quoted at $l.75 TO $l.S5. but $40
could be probably be done There were
half dozen sellers at this figure on
an inquiry last week Contract coke is
nomina!ly $2.l5 to $22s. put $500 could
probably be done
Several merchant furnaces, which
have contracts for this half year at
WE to $275, are considering going
out of blast. on account OF the market
reaching the non-profit stage for them;
but before they go out they Will probab-
~ give the coke operators a chance to
reWflte the contracts on a lower basis
rms was done year ago, and coke
operators usually made the condition
That coke for second half would have
10 be taken also. al reduced price,
New fork-.lapan is gradually part
ing with her silver supplies. freely
imported in the latter part of 1909. Re
tween Jan. | and March 20, 1910, ex-
ports of $4,000 yen were made against
t","Oo yen imports. leaving an excess
OF exports of $4,000 yen. During 1909,
excess of imports over exports was over
100000 yen. Improved prices in the
Chinese market for silver have slim
nlated exports.
Boston-The income account Of the
Pullman Co for the seven months 10
Feb. rs, 1910, shows that the big COM
pany is earning at the annual rate of
between Is per cent. and IL per cent
on its present 500, 900. 900 capital stock
or at the rate of over Is per cent. on the
total of 100000, 900 stock. including the
90 percent. stock dividend declared In
February last.
New York-Appellate division of Su
prcme Court Brooklyn affirmed deci
sion of Supreme Court Justice Crane,
brought by Marcus Helm, member of
Consolidated Exchange, for an order re-
straining New York Stock Exchange
from enforcing rule adopted by its gov
erning board, forbidding members OF
Now York Stock Exchange from deal
ing with members of Consolidated I'M
der penalty of eviction or suspension. |
New York-Average weekly holdings
of gold in the Bank Of Japan for the
week ending March &c were 2l1,7S7,0O |
ven, compared with 17S,S90. 900 yen a |
year ago.
New York-The average price of 20 |
active stocks at the close Friday was
1881, an advance of Las compared |
average was 1887.
New York-Since Baltimore & Ohio
in March settled on new scale with |
condustors and thainmen, IA other sys-
TENS have aither made similar settle
ments or are having the controversy ar
bitrated. There is little doubt that the
arbitration award on New York Central
will prescribe rates and conditions near
", il not actually, the same as in Bal
timore & Ohio settlement.
Chicago-A. D. Thompsons III the Du- 4
nth Miller, says July wheat at Chicago
8 10 cents over the export basis, and