Money Market Report Shows 7 Percent Rate Steady
Boston money markets hold at 7 percent with banks restricting loans yet ample cash at the clearing house. New York funds ease at 4 1 2 to 5 percent on call and 6 to 7 percent on good mercantile paper. Treasury actions and bond offerings loom as bankers weigh prepay and delivery issues amid a larger currency expansion and mixed stock market signals.
MENTIONED IN THIS ARTICLE
Boston
Anks
New
New Ark
New York
Secretary of the ‘Treasury
New York Stock Exchange
Exchange
Treasury
Financial Chronicle
United States
Nas
Bos
Acacas Eacethie
CIA
Insg
Scoveercy Boum
Boston Post
Industrial investments listed for Fall River and railroads
Richard Borden Manufacturing of Fall River pays 14 percent quarterly. Marquette Houghton and Ontonagon Railroad issues 2 percent on preferred stock due August 15. Chicago Aston and St Louis Railroad offers 2 percent quarterly.
MENTIONED IN THIS ARTICLE
Richard Borden Manufacturing Company
Fall River
Marquette, Houghton & Ontonagon Railroad Company
Chicago, Aston & St. Louis Railroad Company
Rudder Pydods and Co Foreign Exchange Transfer House
Rudder Pydods and Co and their correspondents buy and sell foreign exchanges and telegraphic transfers on Europe, California and the British provinces. Stock and bond orders are executed in Boston New York and Philadelphia.
MENTIONED IN THIS ARTICLE
Europe
California
British Provinces
Boston
New York
Philadelphia
Unauthorized stock issue warned for Atchison railroad
Stockholders of the Atchison Topeka and Santa Fe Railroad are warned that a proposed ten million six hundred thousand dollar stock issue is unauthorized by the charter. Current capital exceeds the charter limit, and dissenting stockholders may lose payments. Suit will be filed to enjoin the issue. Information available from Clarence H. Venner, 8 Congress St., Boston.
MENTIONED IN THIS ARTICLE
Union Pacific
Morse
Stebbins
Shelby
Kimball
Adams
Omaha
Rock Island & St. Paul
Chicago
Burlington & Quincy
Burlington & Northern
Chicago, Burlington & Northern
Minnesota & Northwestern
St. Paul & Rock Island
Chicago, Burlington & Quincy
St. Paul
Duluth
Lakes
Chicago, Burlington & Quincy Treasury
Boston News Bureau
Fitchburg Company
Erie Telephone
Bell Telephone
American Bell Telephone Company
Erie Telephone Company
Northwestern
American Bell Company
Erie Company
Erie
Bell Company
American Bell
Atchison Company
Atchison
Foreign Markets Update From London Paris Berlin and Frankfort
Summary of international market activity from Aug 6 to Aug 7 with bond quotes and stock movements. Notable US bonds show 4s at 131 and 444s at 112 1 4, rail gains in US equities, and London discount at 2 1 4 percent. European bourses show mixed but firm closes with selective advances and declines.
MENTIONED IN THIS ARTICLE
London
United States
Great Western
Atlantic
Stock Exchange
Paris
Suez Canal
Panama Canal
Credit Foncier
Berlin
Deutsche
Short Exchange
Long Exchange
Frankfort
New York
Commodity Market Snapshot Shows Mixed Movements Across Staples
The report notes quiet conditions in metals and grains with corn oats and rye steady or unchanged. Butter remains very strong while cheese and tallow soften. eggs remain firm and craned demand for potatoes beans and truck goods supports meat and sugar markets.
Money on Call Easy as Market Turns Weak in New York
In New York on Aug 6 money on call eased to 3 4 percent after trading from 8 A4. Prime mercantile paper quoted at 5 1 2 to 6, bar silver at 96, and sterling at 4 814% for sixty day bills. Government and railroad bonds remained dull but firm while stocks showed broad dullness with St Paul and Northern Pacific leading declines.
MENTIONED IN THIS ARTICLE
Sinicg Gase
Atchison
West End
Wall Street
Atlantic & Pacific
Boston & Albany
Boston & Maine
Boston & Providence
California
New York
New England
Fitchburg
Union Pacific
Bell Telephone
Boston
Messrs. Cordley
Young & Fuller
Prime Mercantile
Sterling Exchange
London
St. Paul
Western Union
Northern Pacific
Chesapeake & Ohio
Mexican Central
Michigan Central
Central Pacific Land Grants
Indiana, Bloomington & Western
Market Quotations Parade Opening and Closing Prices
The opening highest and lowest quotations and the closing price for today are given. The closing figure matches the same day last year. comparisons show consistency in market behavior this period.
MENTIONED IN THIS ARTICLE
New York
Bane
Norfolk boat cargo totals by fruits and vegetables
The Norfolk boat due Monday carries 2700 pkgs grapes 500 pkgs canteloupes 90 bbls potatoes and 26000 watermelons. The Norfolk boat due Tuesday lists 61 pkgs apples 180 pkgs canteloupes and 45 vbls pawnoes.
MENTIONED IN THIS ARTICLE
Norfolk
Norfolk Boat
Metal Market Shows Mixed Iron and Steel Demand
The market remains quiet overall with firm prices for pig iron especially No 1 lots and strong demand for foreign pig iron. Scrap dull, steel plate in good demand at full prices, nails firmer, tubes firmer, pipes weak, bar iron steady, copper quiet but firm, tinplates firm, and lead steady. Prices listed for iron, steel rails, and various grades across U S and UK sources.
MENTIONED IN THIS ARTICLE
London
Baltimore
Gartsherrie
Langloan
New England
Tin and lead prices from London and local markets
London price list shows tin at £104 178 6d per ton with various grades and copper products quoted. Lead jobbing at 4.5c per lb with pipe and sheet forms detailed. Zinc spelter at 5c and sheet zinc around 64 to 66c per lb. A 20 percent discount applies.
MENTIONED IN THIS ARTICLE
London
Market Reports Aug 6 Flour Corn Oats and Hops Steady
Market notes quiet with steady prices across grains and flour. Cats and oats show modest sales, with a single No 2 white car sale on call and overall weekly movement of 75 cars. Inspections list mixed wheat corn oats peas and various flour values, with milling products and rye oats and malts quoted for export and domestic use.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
New York
Canada Superior
Canada
No 1
Canada Western
Eastern
Butter and Cheese Markets Hold Firm Prices Across Regions
The butter market remains firm at old quotations with scarce cheaper grades and steady New York prices. Cheese stays unchanged in Chicago and New York with a better export demand, while eggs, beans, hay, and tallow show varied but steady to quiet movement. detailed wholesale quotations for Western and New York creams, cheddars, and farm products follow.
MENTIONED IN THIS ARTICLE
New York
Chicago
Liverpool
Vermont
Northern Choice
Ohio Choice
Vermont Choice
Northern Sage
Choice
Canada
Michigan
Nova Scotia
Island
New Brunswick
Timothy
Bush
West
Jersey
Olege Marenrine
Long Islands
Bristol Ferry
Norfolk
First peach train arrives with mixed quality and prices
The first peach train of three cars arrives Saturday with most fruit in bad order but select lots selling at 50c to 1 per basket. Prices for last year’s first car reached 75c. Good fruit expected next week as prior arrival dates and receipts are listed, with various fruit sales planned by Snow & Co, Blake & Ripley, and H. Harris & Co.
MENTIONED IN THIS ARTICLE
West End
Moody Merrill
The
Consolidated Road
American Loan and Trust Company
Powers
Boston
Wisconsin Central
Snow & Co
Delaware
Blake & Ripley
California
Duchess
Bessarabia
H. Harris & Co
Fram
North Carolina
Messina
Palermo
Market Price List for Produce and Groceries
A chaotic OCR style market list shows varied prices for vegetables and goods. Items include onions Egyptians Maltas cabbages beans peas beets turnips and corn with prices per case basket bush barrel and dozen in dollars and cents. The fragment lacks clear dates vendors and locations to identify a specific market.
MENTIONED IN THIS ARTICLE
Maltas
Portlands
Long Islands
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