Money Market Rumors and Bond Activity in Boston and New York
The Boston money market remains easy with new loans at 8 percent and general market time loans from 4 to 6 percent. Clearing house balances show modest loan activity. New York funds discount at 1 to 2 percent. US and foreign exchange levels trend, and bond offerings totaled 75,000 with several issues priced at 128¼. Local stocks display mixed results with notable activity in Atchison, California Southern, and San Diego Land. San Diego real estate remains buoyant amid property sales and development chatter. A circular urges stockholders to support a leadership change at Fitchburg Rail Road Company to restore solvency and prudent management.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Frencisco
New Orleans
Charleston
Savannah
Newton
Potter-Lovell Company
Bank of England
Bank of France
California
San Diego
Atchison
S. W. White & Co
California Southern
Oregon Short Line
Union Pracifie
Chicago, Burlington & Northern
Chicago & West Michigan
Wisconsin Central
Wisconsin Central System
Burlington & Quincey
Perkins
Mexican Central
Chicago, Kansas & Western
Sonora
Atchison Trust
Ondensburg
Lake Champlain
Oregon
Vermont
Eastern Common
Boston News Bureau
Tem
Boston & Maine
Eastern
Boston & Albany
Boston & Lowell
Central Massachusetts Common
Supreme Court
San Diego Land
The
Herald
San Diego Land Company
Supreme Court of California
Coronado Beach
Fifth Street
Chase Dock
Third
Fourth
Ash Streets
West End
Brookline
Frenchmaan
Penobcot
East Boston
Lamson
Calumet & Bela
Tamarack
T’amarack
National
Boston & Montana
Allouez
Bonanza
Osceola
Fitchburg Railroads Company
Mr. Phillips
Galeo
Dividends Declared by Several Companies This Quarter
A list of firms declaring dividends this quarter includes Boston & Colorado Smelting 24 percent, Seaconner Mills 4 percent, Flint Mills 32 percent, Reversible Dollar 5 dollars per share, Daly Mining 25 cents, First National Bank of Auburn 10 percent, Bell's Gap Railroad 5 percent, Wells Fargo 4 percent semi annual, Chicago Rock Island Pacific 1 percent quarterly, and North End Savings Bank 2 percent semi annual payable January 1.
MENTIONED IN THIS ARTICLE
Boston & Colorado Smelting
Seaconner Mills Company
Fall River
Flint Mills Company
Daly Mining Company
First National Bank of
Auburn
N. Y
Bell’s Gap Railroad Company
Wells Fargo Company
Chicago, Rock Island & Pacific Railroad ‘Company
The
North End Savings Bank
Massachusetts National Bank of Boston item note
The Massachusetts National Bank of Boston Incorporated 1784 lists a rate exchange on London San Francisco and China. Charles W. Perkins is cashier and French is president.
MENTIONED IN THIS ARTICLE
London
San Francisco
China
French
Chas. W. Perkins
Investments for Sale by Brewster Good and ESt ersook
Brewster Good and Estersook offer stock and bond orders for sale and execution in Boston New York and Philadelphia from their office at 35 Congress Street Boston.
MENTIONED IN THIS ARTICLE
Brewster, Good & Estersook
Congress St
Boston
New York
Philadelphia
Bonds Sold By International Trust Company Boston
Principal payable in gold on Oct 1, 1908, dated Oct 1, 1888. Coupons payable in gold April and October, denom 1000. Price in the company treasury advanced to 10L with accrued interest, former stock bonus offer withdrawn. Thomas J. Hurley Boston Stock Exchange
Auction Sales Include M A Co Stocks And Rail RRs
Auction sales list extensive holdings across banks railroads and manufacturing firms from lenders like Newton Nat Bank to Milwaukee and Boston lines. Notable items include 1497 shares Moses King Corp and 5000 Fitchburg RR sixes 1895 with various collateral notes and scrip. Also recorded New York Stock Sales data for December 20 with aggregate 250,710 shares and daily price movements.
MENTIONED IN THIS ARTICLE
Wec
Assiance
Moses King Corporation
Newton Nat. Bank
Newton, Mass
Lao
Alsa City
Emporia & Southern RR
Arene & Eastern Ill
Consol, Mort
Fitchburg BR. Ss
Mexican Central
Teral
Weston Hae
Davidson Invest. Co
Haistiton Woollen Co
Grooved Slave and Corrugated Hoop Co
Boston & Albany RR
Guardian
Boston & Albany RR. Co
Old Colony RR
Boston & Providence RR
Boston & Maine RR
Security Investment Co
Shawmut
Third N. Bank
Tremont N. BR
Hamilton Woollen Co
Lowell Mfg. Co
Amoskeag Mfg. Co
Fitchburg
Pia
Col
Spg
Cincinnati RR
Boston
Keverebech & Lynn RR
de Eastman F. Car Co
Kansas City
Emporia & So
Onnevere & Lake Champlain RR
Wiconsin Cent
Saoner Co
Kan
City, Law. & So
Pullman P Alace Car Co
Falls Mfg. Co
Boston, Concord & Monti
Lawrence Mfz. Co
Nat. Rk
Redemptio
Do Batea Mfg. Co
N.city Bank
Simonds Rolling Mills
Gt. Falls Mfg. Co
Merrimack Mfg
Dwight Mfg
Showalter Mfg
Con
Wichita & Western RR
Cincinnadi, Sandusky & Cleveland RR
New York
Wall Street Quiet with Coal Stocks Leads Gains
New York financial report shows money on call easy at 3% to 4% with last loan 3% and 342 4 close. Sterling steady. coal stocks like Lackawanna Reading and Delaware & Hudson climb, Rock Island dividend 1% sparking mixed shifts. market ends dull yet steady, with rail bonds active and totals around $1.37 million in bond trades.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Lackawanna
Reading
Delaware & Hudson
Rock Island
Chicago Gas Trust
Dulness
Houston & Texas
Ohio, Indiana & Western
International
Pensacola & Atlantic
Jackson, Lansing & Saginaw
Richmond & Danville
Green Bay
Foreign Financial Markets Report From London and Paris
London market figures show Consols at 96% for money and account, with various rail and utility stocks quoted. Paris notes a 3 percent rentes rate and Bank of France weekly gold and silver increases, while Bank of England bullion rose £147,000 in the past week and reserve ratio shifts to 39.91 percent.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Erie
Illinois Central
St. Paul
New York Central
Reading
Paris
Bank of England
Bank of France
Railroads Vex Wade Plan to Refinance Mexican Central
The New York Commercial Bulletin reports a Wade scheme to refund all Mexican Central securities at four percent. Boston firms doubt a single four percent bond. a prominent house says Wade aims to gain foreign holders’ consent for temporary ten percent notes and later abandon interest above four percent. The 1885 deal cut first mortgage interest from seven to four percent, leaving eight percent noncumulative, which the company now seeks to evade.
MENTIONED IN THIS ARTICLE
New York Commercial Bulletin
Wade
Mexican Central Railway
Boston
Western States Association plans new passenger agreement progress
Chicago dispatch reports a seven-general-manager committee report on a new passenger agreement for Western States lines. The report was accepted, committees were appointed to digest features, and the general meeting postponed details to Friday as work advances on the Pennsylvania Poughkeepsie Boston railroad linking to the Poughkeepsie Bridge.
MENTIONED IN THIS ARTICLE
Chicago
Western States Association
Pennsylvania, Poughkeepsie & Boston Railroad
Old South Mountain
Poughkeepsie
Pine Island
Deckertown
Sussex County
Maine Woollen Manufacturers Club Hosts Meeting at Youngs Hotel
The Maine Woollen Manufacturers Club met last evening at Youngs Hotel for business and social time. President Lewis Anderson of Skowhegan presided with A F Bradbury of Dexter as secretary. Twelve members attended with guests George E Kimball of Pittsfield Joseph Seaver of Bangor and Gates Barnet of Albany. The tariff on worsted goods and wools dominated discussion with Archibald Linn William Dobson and others as speakers. Two new members were elected and more candidates were considered.
MENTIONED IN THIS ARTICLE
Maine
Maine Woollen Manufacturers’ Club
Young’s Hotel
Lewis Anderson
Skowhegan
A. F. Bradbury
Dexter
George E. Kimball
Pittsfield
Joseph Seaver
Gates Barnet
Albany
N.Y
Archibald Linn
William Dobson
D. R. Campbell
Bradbury
Mr. Kimball
Club
Verdict for Mrs Preble against Bates and Walley stock brokers
The United States Circuit Court jury found in favor of Mrs. Sarah A. Preble in a suit against Bates and Walley to recover 60000 for stocks and bonds lost by her son Edward in speculations. The verdict awarded 34772 88 to Mrs. Preble and allows the defendants to seek a new trial.
MENTIONED IN THIS ARTICLE
Sarah A. Preble
Bates & Walley
United States Circuit Court
Aiding Discharged Convicts Report At Massachusetts Meeting
At a quarterly executive committee meeting of the Massachusetts Society for Aiding Discharged Convicts Alpine McLean presided The agent reported 93 discharged convicts advised and assisted during the quarter with details on origins marital status literacy arrests temperance home location assistance furnished and average sentence and age
MENTIONED IN THIS ARTICLE
The
Massachusetts Society For
Alpine McLean
Massachusetts State
Boston
Women’s Charity Club Totals $800 From Local Fairs
The Women’s Charity Club held a meeting at Mrs Charpiot’s residence on Worcester Street. Treasurer reports $800 raised for various charities from fares at Winthrop Hall, Jadymarkt, Helping Hand fair, and Post 68 table, with half of Post 68 share allocated to Ladies’ Aid. committee named to act for three months amid talk of detention house neglect by city and state authorities.
MENTIONED IN THIS ARTICLE
Women's Charity Club
Ladies’ Aid Association of the Post
Women’s Charity Club
Lord
L. A. W. Fowler
Phelps
Mullen Arraigned for Murder in Municipal Court
Thomas F. Mullen was arraigned in Municipal Court on a murder charge after his wife was found dead with arsenic in her stomach. His lawyers pled not guilty and he was committed without a hearing to return on December 31. The prevailing belief is the death may have been self-inflicted.
MENTIONED IN THIS ARTICLE
Mullen
Thomas F. Mullen
Notuilty
Boot and Shoe Buyers in Town
Chicago visitors I1-T N Howard of Howard and Hayward Cincinnati O L Runsel of I Fuller Sons and Co Louisville Kentucky C A Warren of Warren and Co Advertising St Joseph Missouri C W Noyes of Noyes Norman and Co Swedesboro New Jersey A K Tallman of A C Tallman and Ogden Kanes Sa McClung of Getto McClung B and Co.
MENTIONED IN THIS ARTICLE
Chicago
Howard
Howard & Hayward
Cincinatti
L Runsel
I Fuller, Sons & Co
Louisville
Warren
Warren & Co
St Joseph
Noyes
Noyes, Norman & Co
Swedesoro
Tallman
Tallman & Ogn
Kan—Sa McClung
Getto-McClung B & O
Market Trends Review for Agricultural Commodities
Wool is firm and steady while leather is dull. Hides ease as flour remains quiet. Corn and oats are dull with oatmeal firm and cornmeal unchanged. Rye strong and rye flour quiet. Cottonseed meal firm and malt dull. Hops slow and barley quiet. Butter, cheese firm and eggs and beans in demand. Potatoes unchanged and sweet potatoes steady. Poultry steady. game in fair demand. Hay easy. rye straw firm. Truck dull. fruits quiet with oranges lemons steady and grapes dull. Pork, corned beef unchanged. fresh beef quiet. veals slow. Hogs steady. mutton quiet. lambs plentiful. Tallow steady. sugars scarce.
MENTIONED IN THIS ARTICLE
Milwaukee
St Louis
Chicago
Detroit
Peoria
Toledo
New York
Canada
Michigan
Bush
Choice
Wool Market Shows Steady Demand Despite Year End Cooldown
As year ends, wool demand dips but market remains firm with even distribution and strong foreign influence. Fine fleeces are scarce while combings and delaines are short in supply. Texas wools prices softened, stocks in the U S and Boston will be smaller than prior year, 4.6 million pounds on passage to Boston, next London sale begins the 29th, heavy weights look favorable.
MENTIONED IN THIS ARTICLE
Texas
Boston
London
Leather and Hides Market Activity Summary
The leather market shows weakness in cheaper grades and dull finished leather with prices favoring buyers. Hides remain quiet but show better movement than prior periods, with domestic stocks and rough calfskins priced lower amid seasonal softness.
MENTIONED IN THIS ARTICLE
Brighton
New England
Brichton
West
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Corrientes
Cordova
Entre Rio
Grain Markets Show Quiet Opening and Mixed Moves
Chicago traders note wheat opened quiet, advanced briefly then sold off as large holders tried to push prices lower. Private English market reports give a cautious upturn, while Duluth December wheat falls 3 cents. Corn remains steady overall as traders cite a very large crop yet low prices and hopes they hold. Williams & Co list opening, high, low and closing Chicago quotes.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Duluth
C$ Williams & Co
Grain futures and wheat cash prices from St Louis market
December to May bids and closing prices for grain futures show December 30% bid and January, February, and May bids. wheat cash prices list 101% asked for December and 102% for February with 1055% bid in May.Vom cash quotes reflect 30% bid December and 30 8¢ January. May bid 344ec. Oats cash futures show December 24 4c bid and May 2874 C asking.
MENTIONED IN THIS ARTICLE
Ighest
New York
St Louis
V&e
Peoria
Chicago
Boston Market Flour and Grain Prices and Activity Dec 20
Market report from Boston outlines carload inspections across wheat, corn, oats, and rye with quiet yet steady flour demand. See New York and Chicago price movements for No 2 red wheat, steamer yellow corn, and oats. notes on shipments, receipts, and regional variations across several cities.
MENTIONED IN THIS ARTICLE
Minnesota
Michigan
Canada Superior
Canada
New York
City
Chicago
St Louis
Milwaukee
Minneapolis
Duluth
Toledo
Baltimore
Philadelphia
Detroit
Coria
Butter market steady with mixed wholesale demand
The butter market shows weak activity with small lot sales for immediate needs. Prices vary by region and grade with Western creameries at 30 31c, Eastern creamery at 29 30c, and jobbing 1 2c higher. The Chicago exchange reports inactivity at old prices and New York notes slight firming in some quotes.
MENTIONED IN THIS ARTICLE
Sma
Vermont
Eastern
Chicago
New York
Western
Also Mentioned on This Page
P.O. Box
Mass
Mason D. Benson
John F. Brown
John L. Alexander
I. H. Tyndale
William Livermore
Daniel French
J. 8. Stearns
Francis Buittrick
A. A. Ranney
A. A. Ranney Iegbe
George D. Dodd
Horace Dodd
E. Fenwick Stene
Massachusetts National Bank OF Boston
Wrate
Kiqder, Peabod & Co., Bankers
Bevonshire Street
Nassau Street
City of
New Bedford
City of St Louis
City of Cincinnati
City of St. Paul
City of Columbus
R. R
8. R
Portland
Ogdensburg
R.A
Fort Worth Land & Street By Co
Fort Worth, Texas
International Trust Company
Thomas J. Hurley
7 Exchange Place
Boston Stock Exchange
AY & SF
Bos. & A
Gk&w
M&e Wb BS
Og & LC
Euston
Boston Land
Frenchman’s Bay
San Ines
Catalpa
GO National
Oeras
Jsuston
Lowell RK
Cal South
Cin
San & Cleo
S. Od
Skan Inc
Am Bell
Ths
Cambridge Gaslight Co
McKay & Bigelow I. M. Asso
Metropolitan Nat. Bank
Yvortland
Iaco & Portsmouth
Nat
City Bank
Osat
Wooster Bank
Howard Nat. Bank
Ameskeay Mfg
Pemberton Co
Lawrence
Great Falls
Nashua & Lowell
Newburyport
Amesbury St. Ry. Co
Coun. River RR
Pueblo Smelting and Refining
Atlantic Nat. Bank
Rutland RR. Lin
Real RR
Atneskeig Mfg. Co
Amory Mtg. Co
Do Lewis Wharf Co
Oli Boston Ss. Bank
Do Market N. Bk
PLC
Erie Tel
Lamson S
Isoston
Newvport
S. Treen
San [Diego West Bend
Aly
Mont
Napa
C&w
Allouez Rae
Arnold
Lis
Bonanza Devel’t
Cai
Hecia Ee
Antalpa
Fe Ironton
Kearsarge
Lumarack
Land Companie
Aspinwall
Ees
Boothbay
Tvs
Boston Sneer
Boston W.P
Oylston Street
Alg
Campobello
Bay
Wollaston
Puce
Bs & Q
Ville Lo Deb. Gs
Chi
Elk H. Gs
K.C
Serip
N. Aaya
Seeee Ly
Nor
Pac
Pernt Ae
Rutland
Cdo
Do Tex. Hdiv
O. &L Do Inc
Eae
Souy St. Jo
G. L
Union Parites
Wis
Budoine
RILRO
AD Co Atch
Top
S. F
Tee
Cleve
Canton
Eeeik Do
Sane
Sp. & Cin
Det
K. C
Sp. & Mem
L. E
St. L. O
Maine Central
Fides
Old Colony Sewer
Union Pacific
Bell
Eastman
Pullman Lalaecs
Miscellaneous Stock Exchange
State Street
Wilson W. Aay & Ree
Lamoine Land
Penobscot Bay Land
Sullivan Harbor Land
Union Glass Commpany
Topeka
Crescent
Burton
Ls An
Ing. Ng
Alt. & T
Pacific
Central Iowa
Central Pacific
Ches
Ohio
Alton
Eas
Beaman
del. & L
Isi
Den
R. G
Tenn
Fort Wayne
W & Dd
Hocking Valley
Houston &Texas
Ill
Kan. & Tex
Ion Pogar
W . YI
Long Island Sree
Bo Baty Lou
N. A
Man
Beach
Central
Minn
St. Piet
St. i
N. Ei
Miss
Titlsburg
Rich
Rene
Rome
Aes &O
Thew & Bot Ls
Lew LW
DARA
Wes L
Ieee
Ener
Oregon Lin
Tacitie Mail
Pullman Pat
Union
Boye American Oil
Eeee Petroleum
Lé i. D
St. P
P. Kan
Do &S
Tex
N.J. C
P. RK. G. N. Pac
N. W
Adams
Ener American
Wetts Fargo
Amador
Homestake
Belcher
Typhon Silvér
Mt. Diablo
Stas, Gonla & Cu
Kale & Nor
Hock, Coal
Uaton Con
Alfa
Peur Yas
Gould & Curry Senate
Sierra Nevada
Utah
Esoee
Nevada
NEW York Financial
Foreign Financial Markets
Railroad Matters
Mrs. Preble
J. E. Carter & Co., Bankers & Commission Broker’s
Washington ST
Boston Markets