Erie Telegraph Stockholder Questions on Selling Holdings
A stockholder questions why Erie Telegraph and Telephone Company directors resist selling stake in the Southwestern unit at around 50 a share. The letter notes potential benefits from local control and warns that selling could reduce Erie earnings and dividend capacity while Cleveland and Northwestern units expand. The exchange discusses debt, funding, and implications for Erie stock value.
MENTIONED IN THIS ARTICLE
Chicago
Erie Telegraph & Telephone Company
The
Post
Erie ‘Telephone Company
Southwest
Eget
Erie
New York
Erie Telephone Company
Northwestern Telephone Exchange Company
Cleveland Telephone Company
Southwestern Telegraph & Telephone Company
American Bell Telephone Company
Southwestern Company
Arkansas
Texas
Southwestern
Erie Company
Sprague
Cleveland and
Northwestern
Cleveland and Northwestern
Coor
Cleveland
Bell Telephone Company
Bell Company
Boston
Alton
Lexus
Jay Gould
Edward C. Hodges
Emery & Hodges
Arthur L. Woodman
Ridder, Peabody & Co
Boston Money Market and Stock Market Summary
Boston reports firm money market with 6 percent at Clearing House and 25 30 cents discount on New York funds. Boston and New York exchanges rose and fell modestly. foreign exchange steady. The market turned bearish after Saturday and Monday gains, with notable activity in Boston land stocks and Westinghouse funding rumors. The Atchison Frisco plan seeks a $50 million 4 percent gold bond, replacing prior debts. Atlantic & Pacific second mortgage bonds to be retired by new issue. Gouldsboro Land Improvement Company listed on Boston Stock Exchange with assets valued at $180,000 and no indebtedness. Captain Vivian reports copper mining progress. Santa Fe Copper shipments continue.
MENTIONED IN THIS ARTICLE
Boston
New York
Sabd
Chicago
Villard
Reading
Westinghouse
Atchison, Topeka & Santa Fe Railroad Company
St. Louis & San Francisco Railway Company
Frisco
Atchison Company
Atchison
Levi C. Warde
Warren Sawyer
Boston Stock Exchange
Gouldsboro Land
Gouldsboro
Maine
Treasury
Gee
Grenville P. Haines
Charles 5. Whelan
Philadelphia
Santa Fe Copper Company
Oakes
Northern Pacific
Wisconsin Central
State Treasurer to settle deposits in currency at clearing
The Boston News Bureau reports that banks holding deposits will be required to settle at the clearing in the same currency as received when checks are drawn. Refunds are expected to trigger changes in the current Clearing House arrangement.
MENTIONED IN THIS ARTICLE
Boston News Bureau
Annual Dividend Schedules From Major Rail and Tech Firms
A compiled list shows quarterly and semiannual dividend payments from firms including American Bell, General Electric, Procter & Gamble, Northern Pacific, Missouri Pacific, and more. Stock types cover preferred and common shares with rates ranging from 1% to 3% and special extras. payment dates cluster in April May and vary by company.
MENTIONED IN THIS ARTICLE
American Bell Telephone Co
Curiaco, Mitwawuker & St. Pac. R.R
Chicago, Rock IsLand & Pdtric R. R
Delaware, Lackawanna & Western RR
Epison General Electric Co
Georgia
Missouri Pacific R. R
Manitoba R
New York & New Encuana R. R
Northern Pacific R. R
National Lead ‘Lrust Co
New England Telephone & Telegraph Co
NorFolk & Western K
St. Louis R.B
Oscrula Copper Mining Co
Proctor & Gamble
Reece Burton Hous Machine Co
Rio Grande Western R.R
Thomson-Houston International Elerc-Tric, Co
Totepo & Onto Centraal R.R
Union Stock Yards
Sioux City
Western Union
National Cordage Company
Front Street
New York
Bb. M. Fulvon
Electric stocks list from Fr W Prescott Co daily board
TheElectric stocks section shows prices for Eastern Electric Cable Co Thomson Houston and Westinghouse Electric Co with percentages listed. European Welding Co appears with smaller figures. The page reflects a compact market update from the era with multiple electrical firms quoted.
MENTIONED IN THIS ARTICLE
Fr. W. Prescott & Co
Devonshire Street
Eastern Electric Cable Co
Thomson-Houston Electic Co
Thowson-Houston Electric Co
Wayne Electric Co
Cece Ceevenes Ld
Westinghouse Electric CO
European Welding Co
Wall Street Summary Sees Mixed Bond and Stock Activity
In New York on April 7 money on call eased to 3.3 percent with loans near 3 percent. Prime mercantile paper 6 to 8 percent. Bar silver at 97. Sterling steady with bankers' bills at 4.86 for 60-day and 4.88 for demand. Government and railroad bonds dull and steady. Trading after noon showed gains in Louisville & Nashville and St Paul, with Cordage and Sugar standout weak. Northern Pacific preferred slumped after 1 p.m. Late afternoon market was dull, closing heavy with small losses. total business around 1.37 million.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Louisville & Nashville
St. Paul
Chicago
East Illinois
Northern Pacific
Manhattan
Atchison
Am. Cattle and Mining Shares Close Mixed on April 7
The market report shows American cattle and various mining and industrial shares trading with mixed results on Closing April 7. Prices for Petroleum, Sugar, and coal stocks are noted alongside bond listings and dividend information for rail and utility groups.
Foreign financial ticker notes and Buenos Ayres gold premium
Foreign financial reports from London cover New York Pennsylvania Ohio firsts and various percentages including Erie 1914 Illinois Central 98 Mexican ordinary 414 St Paul 59 percent and New York vena 10548 Pennsylvania 62 Reading 6 73. Buenos Ayres notes gold yesterday closed at a 252 percent premium.
MENTIONED IN THIS ARTICLE
London
New York
Pennsylvania
Ohio
Erie
Illnois Central
St. Paul
Reading
Buenos Ayres
Massachusetts Woollen Manufacturers Oppose Shorter Factory Hours
A memorial from over 100 woollen firms in Massachusetts urges against reducing factory hours. It argues the state’s industry, machinery, and coal logistics face global competition, and shorter hours would hinder investment, employment, and growth while favoring New York and Pennsylvania. The petition stresses uniform federal hours and MA’s manufacturing dominance relies on longer workweeks to stay competitive.
MENTIONED IN THIS ARTICLE
Mr. Bennett of
Everett
Massachusetts House
Massachusetts
United States
New England
New York
Pennsylvania
Congress
Sugar Combine Settlement Ends Rivalry Between Spreckels and Havemeyers
Philadelphia April 7 Record reports a new sugar pact between Claus Spreckels and the Havemeyers that ends competition. The agreement halves territory lines east of the Missouri and west of it, with alternating refinery closures to stabilize Pacific coast prices.
MENTIONED IN THIS ARTICLE
Philadelphia
Penn
Claus Spreckels
Sugar Trust
New York
San Francisco
Theodore Havemeyer
Suger Trust
Spreckels
Mr. Searles
Speckles
Pacific Coast
Print cloth market shows decline in Fall River trade
Fall River observers report further weakness in the print cloth market with 5000 pieces of 64 by 648 sold at 3 cents, less 1 percent. Quotations hold at 25 8 3 cents, less 1 percent, for 60 by 56s.
MENTIONED IN THIS ARTICLE
Fall River
Probate Notices From Massachusetts Probate Court
Notices notify interested parties in the will trusts of John Bryant Junior and Hannah B. Lee both of Boston. William Minot Junior seeks appointment as trustee. court sets appearance for April 27, 1891 at 10:00 AM, Boston Probate Court. Publication required once weekly for three weeks in the Boston Post. Witness Joan W. McKim. Assistant Register John H. Paine.
MENTIONED IN THIS ARTICLE
American Bell Telephonee Company
Apni
Reope
William B. Driver
Boston
Wealth OF
Massachutsetts
Panlel Donahue
Thomas McCullough
Daniel Donahoe
Goston
Suffolk
Tosten Post
Isosten
Joan W. McK
Esquire
O.e. John H. PA Ae
Ciummon
Massacho Wyabris
Jarvis D. Braman
Dwight Braman
Alfred J. Foster
Hoston
Boston Post
Jonx W. McKim
Joan H. Payne
Otis Simonds
Edwin NI
Simonds
Monay
Ade
Sane
Tor
Cour
Joan W. McKim
Joan H. Paine
Massacht
Anr Sons
John Bryant
William Minot
William Mine
Hhereby
Boston L’est
Ins
Joan W. McKim, Esquire
John H. Paine
Contes Wealth OF
Massachusetts
Suf Polk
S.probate Court
Hannah B&. Lee
Said County
Juder
Willian Misot
Also Mentioned on This Page
Erie Telephone Matters
Kansas City
Memphis
Birmingham
Clinton
Springfield
Kansas
Fort Scott
Louisville, Evansvill & ST. Louis
National Banking Association
Leonard
A. A. Howe
Quarterly
Mass
Boston Investment Company
Northern Investment Company
George Leonard
Advertiser Building
Washington Street
A.B. Turner & Bro
State Street
Equitable Mortgage Company
R. Bersron
Bell T
At. & Pac
Bost. & Low
Bh. & Mont
U.G
B. B
G. Gr B.& MO
Weeee Ee. Ao
Cambridge
C.e W. M
K.C
Miscellaneous Stock Exchange
Bonanza Dev
Brunswick AntiMony
NEW York Stock Sales
Do Ist Inc
Reno
Do 2d Inc
N. Y
N.E
Ener O
1.C.con
Afar
Or. S. L
Rutland
Test
Eves Lidig
Union Packicéagiood
Tvs
Eeee Do Inc
Ees
Weae
Eure At. & Pac
Zener
Bost. & Aib
Ewes Cheshire
Asecees
Asb
Eveves
Flint & P. M
Jersey Central
K. Cy. Cl
K. G
Leweeees
M.R
L.N. A
N. PR. Prof
N.Y. NH
Old Colony
Oo Garo
Porta
G. F
Con
W., Nash & Roch
Arnold
Bou
Bonanza
Mont
Butte & Bos
Huron
Mesnard
Bic
Santa Fe
Washington
Anniston City
Aspinwall
Boothway
Aeerneere
W. P
Weve
Boylston Street
Brookline
Cambridge Field
Campobello
East
Franklin Park
Lamoine
Senor
Newport
N' Payson
San Diego
Sullivan
Winter Harbor
Wollaston
Bell
Ease
Mhou
Mhou. Toy
Latinson
Eave
Pal
Car
Ene
Keece B. A. M
Ener
Eeoar Union
Seeesen
Am. Sug
Ora
Ineu
Eeee Eaee Bay State Gas
Bos
Liv
Eevee EU
Esse Eee
Ft. Wayne Elec
Illinois Steel
E.shore
Mt.d. Enee
Weeees Mechanical Mans
Ease Yil N. Y
Tel
Mfg
Tlee
Ferry
Wilson W. Fay & Co
Fort Payne Coal & Iron
BOO Crescent
Edison Rhea
Ing
Ing. Ai
Tbs
Pacific
Stele
Central Iowa
Pac
Ches
Seb
Chi. & Ez
Cnn
del. & L
Den
Eure
Green Bay
Central
Kans
Tex
Kings
Pem
Lake Shore
L. Be & Wet
L. Be & Wet Seeeeene Ete
Lon Lana
Louis
Nash
N. A
Man. Tev
Mem
St. la
Nor. Pac
TOS
N.u. & Northwestern
Lg Ag
J. Cent
N. Am
Ohio & Miss
Shore Hs Ces
Iare
Tay
Spre
UL. P
K. & Gall
U. Macias
I Cincaiaaes Lense
Adams
Essee
NEW York Financial
Brunswick
Dons Gee
Ceew WU
Del
Besse
W. Union
N. W. Cons
Dodeb
RG. O. Nav
O.S. Lis
P. G's
Ft. W
Mob. & Ohio
St. P. c. & Mat. Union
Nevels,r
Tex. P. L. G
N. Y. Ce
Tex. P. R. G
J.C. Inecer
U. Pace
Ye M. & W.gs
W. Shore
Lozve N. A
Ns Os Amm
Ocsausiasas
Eeesete
Con Cala & Va
Exchequer
Mining CC
Col. Coal
Hocking Coal
Homestake
Eee
Ontario
Aewees
Alta
Cosesssee Cove
Bast & Belcher
Oplir
Potosi
Savage
Cala
Viseseses
Union
Gould & Curry
Flale & Norcross
Yellow Jacket
Bkxpress
Johnson & CO
Massachiavosetts
Court OF Insolv
F. R.TIG@BETTS & Co
Houston
Joseph C. Sharkey
Supfiolk—Ss
Frank Bb
Richards
William J. Casey
Commonwealth OF Massachu
Setts
Leirs
David Simunds
Prescott & CO
Jelphla
Broadway
Baremeyers
Mesre
J.& A. Simpkinson & Co
Cincinsati
New England Shoe & Lea
Bedford &J
Boson
Charles 5. Ingalls