Boston Money Market Closes With Firm Rates and High Disbursements
Active money market opens December with Clearing House rate at 7 percent and general loans quote 4 1/2 to 7 percent. Disbursements for interest and dividends reach 22 million, pensions 20 million due Wednesday, and bond offerings total 245 thousand. Local bank surplus falls, stocks move mixed with Atchison gains, and European holdings show gains ahead of forthcoming dividends.
MENTIONED IN THIS ARTICLE
Boston
New York
Sub-Treasury
Clearing House
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Newark
Ccc
Cece
Local Financial Notices From Multiple Firms
The Northwestern Guaranty Levan Company pays 8 percent debenture interest on December 1. International Loan & Trust Company of Kansas City declares 3 1/2 percent dividend payable December 1. Lowell & Andover Railroad declares semiannual dividend of 3 4 percent. Citizens Savings Bank Fall River declares semiannual dividend 2 1/2 percent. Camden and Atlantic Railroad declares 3 percent preferred stock dividend.
MENTIONED IN THIS ARTICLE
Northwestern Guaranty Levan Company
International Loan & Ust Company
Kansas City
Lowell & Andover Railroad Company
Vpe Citizens’ Savings Bank
Fall River
Camden
N.d
Atantic Railroad Company
Foreign Financial Reports From London on December Rates
London finance notes Consols near 97 for money and 96 15-16 ex-interest. United States 4s around 130 and 4-4s about 107 4. Atlantic & Great Western firsts at 36, Canadian Pacific 75, St Paul common 70, Pennsylvania 63 4, Erie 28 1 2. Bar silver 44 and money rates around 5 1 4 percent.
MENTIONED IN THIS ARTICLE
London
United States
Canadian Pacific
St. Paul Common
New York Central
Reading
Erie
St. Paul
Pennsylvania
Arnoldi
Atlantic
Bonanza Devel
Sere
Catalpa
Crescent
Pranklin
Huron
Ironton
Kearsarge
Tamarack
Aspinwal
Boothbay
Boston
Boston W. P
Boylston Street
Eenee Sete
Campobello
Bay
Maverick
Newport
San Diego
Sullivan
West End
Winthrop
Erereree
Wollaston
Peer
Atchison Isles
al. & Pac
Igis
L. G
Cal. Sc
Kan
Ee Do Inc
C. & W. Mich
D.D
Elk. H
K. C
K.C
Kk. C
S. P
N.Y
N. KE
Nor. Lac
Oregon
L. Gs
L. C. Con
Little Pueb
A. V
Do Inc
Sonora
St. Jo & G I
Union Pacific
Dole
Atch
F.scoveee
Atlantic & Pacific
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Provessescesense
Cal
Southern
Central of Mass
Cleve
Canton
Vege SB. C.esees
Coun
Col. Sp. & Cim
Fitchburg
Flint & VP
K. He Ft
SiSanil
Seeeere
Mein. Sr
E. & St. Lee
Maine Central
N.eee
Rutland
Dob
R.G
Wisconsin Central
P. St. L
Den
P. L
A. G. Eastman
Nedec
Lamson Store Ser. Co
N. P
U. Pac
Pullman Palace Car Co
W. Shore
Atchison New
Best & Bel
Cotton Oil Trust
Chollar
Ontario
Aim
Pneumatic ‘Fool Co
Col. Coal
Ophir
Poworl
Bay Silte Gas
Savage
Fort Wayne
Illinois Steal Co
Mt. Desert & Last Shore
Maiden Electric Co
New York Despatch Co
National Lead Trust
Tdi
Mt . See
Sugar Refinetics CO
Ing
Ing. Bolu
T. Heseesvees
At. & Pacific
Atchison
C.&st.l
Central Law
Gentral Pacific
Ches, & Ghio
Alton
La&p
I. Ae
del. & H
del. & L
X&rc
D. 7
Ft.w
East Tenn
Hocking Vale
Central
Eee
Tex
He & Iti
Big Lake
Sete
Long Island
Louis & Nash
Louis
N. A. Man
Man
Nor. Pacific
Tova
Northwestern
A Cent
N. Y
C. - St. Veee
N.E
Ohio & Miss
Ont
West
Oregon Trans
W.P
St.l
Wiscitecs
Aeee Oo
St. Rs
M&m
Su P & D
Texas Pacific
Tol
D. C
Pacific
Wis c L. & P
Eees
Ios
Pacific Mail
Pal
Mg Union
Teun, C
Plan of Reorganization Declared Effective for Santa Fe Bonds
The Atchison Topeka and Santa Fe Railroad Board of Directors adopts the Plan of Reorganization as effective. Bondholders must deposit bonds by December 5, 1838, to participate under set equitable conditions. Announcement to be made by the Chairman George C. Macoun.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa FE Railroad Company
Boston
Atchison
Europe
United States
Board of Directors
George C. Macoun
Bond exchange plan lists numerous railroad issues for reorganization
The notice details a plan of reorganization depositing a long list of railroad bonds including Atchison Topeka Santa Fe various mortgage and income bonds, Kansas City Topeka Western, Southern Kansas, and others with specific interest rates and years. Deposits are to be made at Union Trust Company in New York and partner offices in Boston Chicago and London with circulars available at listed banks and brokers.
MENTIONED IN THIS ARTICLE
Secretary of the Treasury
Reichsmarks
Reichsarks
Atchison
Committee On Securities
Boston Stock Exchange
Chicago, Kansas & Western
Atchison, Topeka & Santa Fe
Egnce St. L
K. C
Colorado
Gulf, Colorado & Santa Fe
Jnnes
California
Inc
Wisconsin Central
Abbott
Northern Pacific
Flint & Pere Marquette
Chicago
Burlington & Quincy
Burlington & Northern
Mexican Central
Asian Pacific
Oregon
Kansas City
Fort Scott & Memphis
Clinton
Springfield
Atchison New
Texas
New Mexico & Southern Pacific
New London Northern
Cheshire Railroad
New York
Sugar Trust
Boston
Willard EF. Winner
State Street
Atchison, Topeka & Santa Fe Railroad Company
S. BF
Cowley, Sumner & Ft. Smith RK
BR. Co
Florence, Eldorado & Val. Val. RR
R. Co
Emporia & South
MR. Co
Topeka & Western R. R. Co
Marion & Mesherson R. BR. Co
The
New Mexico &Southern Pac
R.r.co
Pueblo & Arkansas Valley
BR. BR. Co
Wichita & Southwestern BR. BR. Co
Kan
City
Lawrence & South
FR. BE. Cos
Southern Kansas & Western R. RB
Cow
Sumner County & BR
Ottawa & Karlington Wm. RE. Coi
Southern
Kan. R’y Co
Chicago, Kansas & Western B.R. Co
Galt
Santa Ke
Br’y Co
Atchison Co
Wichita & Western
It. BR. Co
Kingman, Pratt & Weat. BR. Ik. Co
Chicago, Kansas & Western BR. It. Co
Southern BB. R. Co
Union Trust Company
Broadway
Milk St
Kidder, Peabody & CO
Devonshire St
Merchants’ Loan Trust CO
Baring Bros. & CO
Bishopsgate
London
E.C
Nassau St
Atchison Company
J. W. Reinhart
George C. Magoun
Wheat futures edge higher amid light deliveries and strong exports
Chicago market report shows May wheat at 8444c with firmer tones as buying interest grows for outside and local accounts. Receipts remain heavy but shipments firm. Liverpool and seaboard export inquiries lend support. December deliveries report scarce as weather may curb arrivals, while corn and oats close mixed and pork futures trend higher on demand.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
North
Seaboard
Liverpool
Farnum, Reardon & Co
Sessina
Spee
New York
St Louis
Minneapolis
Market rebounds in steady late-session advance features
Money on call tight with loans at 6 to 20 percent, closing around 10. Government and railroad bonds dull but steady. The stock market turned strong after 2:15, led by Chicago Gas up to 40 and Sugar higher, despite earlier declines in Tennessee Coal and other issues.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Chicago
Lackawanna
Tennessee Coal
Burlington
Kansas & Texas
Chicago & Alton Sinking Fund
Sal
Northwestern Sinking Fund
Gulf, Colorado & Santa Fe
Louisville & Nashville Trust
Louisville, New Albany & Chicago
Memphis & Charleston Gs
Central Pacific
Reading
Shenandoah Valley
Rey
Mutual Union
Hannibal & St. Johonsols
Kansas &Texas
The
Helena
Red Mountain
Western
Market Conditions Across Commodities changeless in dull steady notes
Dry goods steady while flour and hops sag. Corn and rye quiet. oats dull yet ample. Beans peas and poultry show weak to fair demand with game and potatoes steady. Oranges plentiful, lemons quiet, grapes in smaller supply, almeria grapes strong. pork products firm and fresh beef steady.
MENTIONED IN THIS ARTICLE
Almeria
Fall River Cloth Market Quiet at 3 1 2 Cents
Fall River market for print cloth reported quiet and firm at 3 1/2 cents for spot 64s. A few sales were recorded.
MENTIONED IN THIS ARTICLE
Fall River
Wool sales in London mark large turnout and firm bidding
Wool sales reported in London show 12 315 bales offered with strong demand especially for Port Phillip and cross breds. Continental buyers competed for Victoria and New South Wales lots with prices listed for scoured greasy and locks and pieces across regions including Victoria New South Wales Queensland South Australia Swan River New Zealand and Cape of Good Hope and Natal.
MENTIONED IN THIS ARTICLE
London
Port Phillip
Victoria
New South Wales
Queensland
South Australia
Swan River
New Zealand
Cape of Good Hope
Natal
Iron market quietness with wary price setting in 1900s trade
The iron trade shows little new business as pig iron makers cannot accept large orders for delivery this month and hesitate to name prices for next year. Southern mills quote around 200 dollars a ton at tidewater for next year but no contracts exist for Q1 delivery. Small lots for immediate use persist with high but achievable quotations.
MENTIONED IN THIS ARTICLE
New York
Lake
Arizona
London
Tidewater
Southern
Northern Iron
Gray Forge
Glasgow
Middlesboro
British Iron and Steel Industries
Scotland
Dry Goods Trade Faces Mixed Fortunes Amid Week of Fire and Rain
The dry goods trade reports a week of moderate demand due to a Thursday fire and continued rain. Retailers suffer most, but wholesale and commission houses anticipate renewed activity for the new season. Cotton and woollen goods show strength, raw materials firm, and prices largely steady with gradual inflation expectations.
The Cotton Trade Week Summary
The speculative cotton market was generally calm with limited price moves. Near week’s end firmer sentiment arose on better news from key points and abroad, with spot demand from spinners fair but activity low. Prices held steady around 10 1/4 to 10 1/2 cents per pound. 7,300,000 bales for the coming crop unchanged. In Atlantic and Gulf states weather favored harvest. in parts of North Texas and Tennessee rain interrupted it.
MENTIONED IN THIS ARTICLE
Uplands
Gulf
Atlantic
Gulf States
Texas
Tennessee
Also Mentioned on This Page
Boston News- Bureau
New England Telephone Company
West Ex
Franklin
Oceola
Boston & Montana
Ilinois Steel Company
Havemeyer
Sugar
Fennessy, Armstrong & Co
Market National Bank
Atchison, Topeka
Santa FE
Hiaheat
Ore. S
Union Pac
Secacceses
Wis
Sereneree
Ft. S
Mem
Top
Ad Louis
Mar
Sivas
S. Pac
South
Bo Do Inc
Aeree
Aimer
Bell Tel
Sopescve
Bay Land
Bbc
Allouez
Bos. & Mont
San
E.s
St. L
Fran
West End Pref
Celli
Ceepercacee
S. F
Phoman
Hous
Elec
Do Tr
Ser. D
Ee Elec
Recy
Ben Elec
Westinghouse Elec. Co
Winnisimmet Co
Miscellaneous Stock Exchange
Wilson W. Fay & Co
Ees
Seem
McKay & Thompson
Mt. Desert & Astern
Union Electric Car
Brush
City of
Blake Brothers & UO
Nassau Street
Kansas
Cily
Ter
Dye
Central Trust Co
William H. Parmenter
Willard E. Winner
the Winner Investment Co
Chicago, Kansas City & Texas
State St
Bay City
Michigan
Massachusetts
S. A. Kean & CO
Washington St
Chicago, Ill
Congress Square
Brokers’ Board
Hickest
Wwalsa
Ene
Tur Revere House
Nor
Mill
K. U
N. E
Lamson & Boston
W. P. French
Hos
Mont
Kearsar Geere National
Osceola
Bos
Albany
Mass
Chi
San, & Cley Fitchburg Ol
Rlint & P.M
NEW York Financial
New York Journal of Commerce
Merrimac
Providence
Western Farm Mortgage Trust Co
F. B. Rogers
DING
Devonshire Street
Postoffice
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
Western Farm
John Jeffries & Sons
Wall Street
Stevenson & CO
New Street