Money Market and Boston Stock Highlights April 6
Boston financials show firmer New York funds and steady clearing house rates around 6 percent for loans and 4 to 7 percent for various paper. Bond bill passage, Burlington Northern and Soo rate restoration, Tamarack mine progress, and mixed stock moves across Atchison, California Southern, and Wisconsin Central shape a tense, active market.
Bank and Firms Declares Semiannual and Quarterly Dividends
The Martha's Vineyard National Bank declares a semiannual dividend of 3 percent. Davidson Investment Company declares a semiannual dividend of 5 percent. Hartford based Autna Insurance Company declares a quarterly dividend of 4 percent and Phenix reports 344 percent.
MENTIONED IN THIS ARTICLE
Martha’s Vineyard National Bank
Davidson Investment Company
Hartford
Autna Insurance Company
Phenix
Boston Bankers and Brokers Ledger of Stocks
A detailed list of securities, shares, and bonds held or traded by Basset Whitney & Co and associated firms. Includes bank, railroad, mill, and manufacturing company holdings with quantities and classifications, followed by dated securities and street listings.
MENTIONED IN THIS ARTICLE
Amoskeag Mfg. Co
Union Natl
Bank of
Metropolitan
Glendon Iron Co
Pepperell Mfg. Co
Bank of Comu
Market Report New York April 6 Stocks Rise Then Steady
Money on call easy at 2 percent, mercantile paper 5 to 7, bar silver at 92.5? and 92 3 quarters. Sterling steady. Actual business at 4.86 for 60 day bills and 4.86 to 4.87 on demand. Government bonds dull but firm. railroad bonds quiet but strong. Stocks opened active and strong with gains to 42 percent, led by Reading and Union Pacific, then steadied but closed near the day’s best. Railroad bonds active with over 1.3 million dollars in sales. several issues posted gains across many names including Chesapeake & Ohio 63s, Hocking Valley 5s, Denver & Rio Grande 4s, Erie seconds, Kansas & Texas 63s, New England, Norfolk & Western improvements, Union Pacific sinking funds, and others.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
New Orleans
Charleston
Savannah
United States
Treasury
National Bank
Reichsmarks
Wall Street
Burlington & Northern
Soo
William S. Kliss
Messrs
Irving A. Evans & Co
Atchison
California Southern
Sieh Bs
St. P
Blk. A
St. J
St. L. Im
Eee
Rs’ Board
Apr
Ss. i le N. A. Eee
Oe Ae
Seheeoe
Ee Nor. Pac
Oregon 8S
Do Inc
Ee Og
L. C. Con
Bell Tel
Pueb. & Ce
We Cine
Lamson
Rutland
Mont
Franklin
Sonora
E. St. J
Wis
Ny&ne
Pullman Eee
Atlantic & Pacific
Boston & Albany
Mining and Stock Exchange Summit
Boston & Lowell
UN Pac
Boston & Maine
Boston & Prov
A,t&sf
Cal Southern
Eae
O. & Miller
A'& Pine
Central
Allouez
Eevee Eses
Cal Se Inc
Ee Op Ss Se
Brunswick
Seeeses Veneseeess
B& N
CBS
Bost
Col
Scseses A
Veeare
Fitchburg
Flint & + M. com
Ani Bell Tel
K. C
New Gulf
Wollaston
Kensin
K. W
Bys K. S
Sp. M
Sumimibe Bricas Eeeeeeeeranseeraces
BO Atchison
Seeeeeeseresseesees
Eeeree Peeeerren
French Bay
Union Pacific
Seeeter
West End
Toledo
Mali
Atlantic
C.& Hee
Il Ri
Rap
Han’k
Arnold Allouez
Osceola
Old Colony de
Bowman
St. Mary's
Summit Branch
Bruns
South Side
Catalpa
Sutro Tun
Bs & Ee
Hanover
B&n
Bell
Huron
B& Q
Ceevaes
Mesnard
Minnesota
C.S
Pontiac
Lamson Store Ser. Co
NYQNE
Pullman Palace
Boston National Banks
Massach
Wis Centone
Atlas
Maverick
M. Blackstone
Mechanics
Broadway
Monument
Eviry
Mt. Vernon
N. England
City
A.s
N. America
Quincy
Commerce
Brookline
S. Redempt’ A
Republic
Ickland
van, Hall
Shoe & Leeret
Mass
Freeman
Globe
Suffolk
Erie
Hamilton
Hide & L
Howard
Tremont
Lincoln
Union
Lowell National Banks
Ef Appleton
Ly Prescott
Wis Cent
First Ward
Old Lowell
Sp.m. A
T&sf
Salem National Banks
Do Laines
A& NG
Railroa
Cal Seine
Mercantile
Salem
B& Ndeb
C.K & W Bs
Blue Hill
F’t,Hyannis
Lawrence
Mt Wolston
M& Bridbs
Dedham
Pemigwset
Sp &M
F’t
Chelsea
Danv
Mex Co
Amory
Laconia
Andros
G’a
Appleton
Lowell
Arlington
Loo
M. S’h
Manch
Lyman
Bates
Mass. Cot
Erie Tel
Merrim’ck
Lamson S
Middlesex
Best
Cabot
Nashua
Chicopee
Clinton
Nauimkeag
San Diego
Newmark
Stark Mens
Heg
Ccessas
Hill
Washington
Jackson
York
A&p
FIS& G
Summit Br
Boston Stock Exchange
Prime Mercantile
Sterlin Exchange
Reading
Lake Shore
New England
Fort Worth & Denvertists
Erie Seconds
Chesapeake & Ohio
Hocking Valley
Denver & Rio Grande
International
Metropolitan
Kansas & Texas
Norfolk & Western Improvements
Oregon
Texas Pacific
Manitoba
London Money Market and Paris Exchange Highlights
Consols steady at 1007 16 for money and 1005 for the account. U S bonds mixed with 4143 10854 and Erie, Illinois Central and Reading positions shown. Atlantic & Great Western issues quoted, St Paul and New York Central bonds listed. Paris 3 per cent rentes at 81 francs 80 centimes, bar silver at 24 3/4 per ounce, London exchange at 26 francs 25 centimes.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Erie
Illinois Central
St Paul
New York Central
Paris
Oil Drillers Union Testifies in Standard Oil Inquiry
Washington April 6 House committee on manufactures opened an inquiry into the Standard Oil trust. Henry Webster of Bradford Penn testifies about the Oil Well Drillers Union a secret body of 2200 to 2400 men formed after Producers Association moves to reduce oil output. He describes a contract from 1887 that set profits from 1,000,000 barrels for the union and outlines daily advances and restrictions, with drilling halted to curb oversupply.
MENTIONED IN THIS ARTICLE
Washington
House Committee On Manufactures Today
Standard Oil Trust
House
Henry Webster
Bradford
Penn
Oil Well Drillers’ Union
Pennsylvania
New York
Producers’ Association
Standard Oil Company
Oil Drillers’ Union
Witness
Bacon
Producers’ Protective Association
Weil Drillers’ Union
Well Drillers’ Union
Market Tone Holds Despite Mixed Demand Across Commodities
Commodity notes show some items firm and others quiet or unsettled. Fruits like oranges and fresh beef meet good or fair demand, while staples such as flour oats corn and rye vary, with sugars active and molasses unchanged.
The London Wool Sales Reported Mix of Bales and Prices
The London wool sales on April 6 saw a larger selection with no attendance and fair competition. Prices listed for New South Wales, Queensland, Victoria, New Zealand, South Australia, Cape of Good Hope and Natal, and Swan River include scoured greasy and locks and pieces, with figures in pounds shillings and pence.
MENTIONED IN THIS ARTICLE
London
New South Wales
Queensland
Victoria
South Australia
Cape of Good Hope
Natal
Swan River
The Chicago Market Report From Farnum Reardon Co
Opening demand supported wheat from seaboard and foreign accounts with ample offerings curbing advances. Corn rose with wheat but then eased. analysts foresee corn at around 60 cents. Provisions opened firm but weakened later. hog slaughter declined 517,828 head versus last year with upturns in estimated daily receipts. Opening prices for hogs, varies by grade. futures for wheat corn oats mixed with daily highs and lows listed for April through August contracts.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Seaboard
Eottn
The Fish Market Prices and Weekly Receipts
Demand quiet with steady prices. Mackerel firm and scarce. pickled codfish quiet. dry fish receipts sold to arrive. hake arrivals for export. barrelled herring quiet. canned fish quiet. Fresh fish demand moderate. Haddock and halibut in small supply and higher. Boston Fish Bureau weekly totals show varied prices for dry, canned, and fresh fish across many species.
MENTIONED IN THIS ARTICLE
Hake
Boston Fish Bureau
Labrador
Nova Scotia
Georges Bay
Herrine
Haddock
Best
Providence
Also Mentioned on This Page
East Seston
London Cables
Mason
Tamarack
Tamarack, Jr
Rock
Calumet & Helen
Boston & Montana
Calumet News
Ine
Ely Prus
Chicago, Burlington & Uiney
Inc
Cincinnati, Sandusky & Cleveland
Indianapolis Journal
Cleveland, Sandusky & Cincinnati
Indiana, Bloomington & Western
Wisconsin Central
Wisconsin Central Associated Lines
Flint & Perece
Summit Ranch
Kansas City
Fort Scott & Gulf
Central Massachusetts
Eastern
Boston & Providence
Southern Kansas
Gulf Division
Jirce
Shere
Frenchman’s Bay
International Terra Cotta Lumber Company
Capital
American Loan & Trust Co
International Terra Cotta Lumber Co
Charles B. Cushing
Milk ST
State Street
C. E. Fuller
Water Street
M. F. Dickinson, JR
Hyde, Piehiesee & Howe
Equitable Building
Oaton
Charles A. Rogers, Esq
Milk Street
City of Boston
City of Cambridge
City of Chicago
City of Cincinnati
City of Haverhill
City of Lynn
City of St. Paul
Blake Brothers & Co
Williams & CO
Boylston N. Bk
Lombard Investment Co
N. Eagie Bk
Columbian N. Bk
Mass, N. Bk
Manchester & Lawrence RR
Shoe
N. Bk
Blue Iill N. Bk
Douglass Axe Mfg. Co
Washington Mills
Old
Do Mercantile Ff
M. Ins. Co
Do Merchants’ N. Bank
Manufacturers
Do First
Jows Falls
Sioux City
Pueblo & Ark. Valley RR
New Mexico & So. Pacific RR
Amoskeag Te. Co
First National Bank
Leverlymao Bank
Amory Mfg. Co
Do Androscoggin Mills
Ags
Grove Stave and Corrugated Hoop Co
Adia
Devonshire Street
Atlantic Mutual Scrip
J. P. Wintringham
Prie St
N. Y
Naumkeag Natl
Bank
St. Johnsbury
Bank of Commerce
Shawmut National Bank
Eliot Ins. Co
Calles Au Ae Rk
Do Tremont and Suffir Mills
Do Dwight Mfg
Do Wakefield Tian Co
Boston Tow Boat Co
York Mfg. Co
Atchison, Topeka & Santa Fe RR
Conn
Passumpsie River
State of Mass
Old Colony
Manchester Mills
Washing'on Mills
Cheshire RK
Pie
Charlestown Gas Co
Manuf. Natl Bank
Natl
City Bank
Atlas Natl. Bank
Faneuil Hall Nath
Edwards Mfg. Co
Hates Mfg. Co
Great Falls Mfg
Arlington Mills
Androscoggin Mills
Concord RR
Lans. & No
Boston& Malie RR
Howard Watch Co
Dweling House Ins. Co
Pacific Mills
Middlesex Horse RR
Cheshire RR
Boxton & Lowell
Bovco Wichita & So
Western
Top
St. Fe RR
Iowa Falls
Rutland RR
Fastern
Newton Natl, Bank
Newton, McKay & Kly
Assoston Seluing Co
Champion Iron Co
Naumkeag Steam Cotton Co
Nau. Bank
Ins
Boston Gun Light Co
McKay & Kig
New York & New Eng
Tlund RR
Wey
Xas Pacific
Illigs
Cox
Tomar
Ehee Ee
Can
N. W
N. W. Debbe
Cen
St.l
F. D
Ak. Kan. S
Lowe So. PB
G. M
T. G. Ses KV
Dee Ee Siewelen
Tex
Tr.rec
N.J. GC
R. G
Afar
Eas
W. Shore
Mining Companiees
Alta
Mono
Amador
Navajo
Hodie
Ontario
Plymouth
Robinson
Ee - Fl Cristo
Tenn, C
Allmuez
Erere
Arnold
Atlantic Ee
Bonanza Devel’t
Cal
Hecla
Catalpa Crescent
Dunkin
Haron Eee
Ironton Kearsarge
National
Uincy
Winthropeseee
papawalli +s
Newport
Payson
Topeka
Winthrop
AL Pac
Ing
Alt. Bessereenee
Ste & Vacuitic
Ewer
Air Line
Eeeer
Pacific
Canton Oeerreeee
Central Iowa
Central Pactie
Ches
Omo
Ae Chi
Alton . C
Tet C
del. & L
den. & K. Eee
East Teun
al Fort Wayne
Fu W.& v
Hoektin Valley
Toxaas
Isit Kan
Eer . Sr
Enone
Shaw
Rich
Rew P
NEW York Financial
California
Potosi
Sierra Nevada
Con Gal & Va
Union Com
Crown Point
Coser BY
Utah
Gould & Curry
Yellow Jacket
Commonwealth
HOC
Seaeerenee
Nevada
North Belle Isle
Foreign Financial Markets
Mr. Webster
House Investigating Committee
THE
London Wool Sales
Chicago Market
John
Post