Heavy London Purchases Push Wall Street Start Prices Higher
Money and stocks cover a surge as heavy London purchases lift open market prices. Boston banks lose in reserve, with New York and New England discussions of issuing more preferred stock to double track the Hudson River Division. Canadian Pacific and various lines report Third Dec and year-to-date figures, including totals for gross, expenses, and net.
Boston Money and Bank Week in Review 1891
Boston financial pages show steady money supply with call loans 4 to 6 percent and time money 5 to 6 percent amid a mixed bank stance ahead of New Year holidays. The Boston bank statement reports deposits down 646,900 while due to banks fell 1,471,000, with reserve adjustments and 756,100 needed to cover losses. Clearing House activity and New York comparisons show mixed gains, with stock activity modestly bullish and notable moves in Erie, Union Pacific, Atchison, and Boston issues.
MENTIONED IN THIS ARTICLE
Boston
New York
Eeee Ree
Suffolk
Superior Court
Henry &. Swan
Milton
Saratoga
State of New York
Willard R. James
St. Hyacinthe
Province of
Quebec
Dominion of Canada
J. C. F. Slayson
William W. Boynton
Copartners
Slayton and
Boynton
Boston Post
Jos. A. Willard
Wiggin & Fernald
Attys
Market gossip and bond issues from early 1900s era
Tamarack Junior stock moves with bids and asks while Old Colony plans a 2000 share auction on January 6. Eastbound Chicago shipments reach 82,700 tons, up from 71,900 year ago. Erie buying remains strong with speculation of a rise above 40. Omaha and Northwestern trades noted. Boston and Lowell plans to increase capital by 400,000. Boston & Montana offers 600,000 in bonds to fund Great Falls electrolytic plant, with bonds to mature 100,000 yearly 1902-7. Boston & Albany to prepay 7 per cent bonds after Jan 4. Captain Moyle urges winter suspension at Arnold mine to save costs.
MENTIONED IN THIS ARTICLE
Tamarack
Old Colony
Chicago
New York
Erie
Omaha
Boston & Lowell Railroad
Northwestern
Boston & Montana Company
Great Falls
Boston & Albany Railroad
Shawmut National Bank
Captain Moyle
Arnold
QUARTERLY STOCK QUOTATIONS FOR RAILS MILLS AND UTILITIES
List of company names and stock details with quarterly or semi annual percentages and preferred or common stock rights. Includes AMERICAN BELL TELEVUME CO AMERICAN SUGAR REFINING CO ARLINGTON MILLS and many railroads such as CURCAGO ROCK ISLAND and CHICAGO & NORTHWESTERN lines with respective ex-dividend dates and par values.
MENTIONED IN THIS ARTICLE
American Bell Televume Co
American Sugar Refinery Co
Semi-ann
Androscoggin Mills
Arlington Mills
Atlantic Cotton Mills
Boston & Colorado Smelting CO
Burton Stock Car CO
Semil-ann
Boston & Albany
Boston & Lowell
BaTes
Caspot
Canada
Southern
CurcaGo Rock Island & Pacific
Éui
CurcaGco
St. Paul
Minneapolis & OmMaHa
CurcaGo & Lastgen
Illinois
Tee & Cattle Feeding Co
Delaware, Lackawanna & Western RR
Dwigt Mig
Fisher Mig Co
Fircusburg RR
Lake Shore & Michigan Southern RK
Lake Exig & Western KR
Ypce
Manchesier Mills
Mahnattan
Merrimack Mfg Co
Mercantile Loan & Trust Co
Merchants’ Mere Co
Quar
Mexican Telegraph CO
Michigan Central RR
Napa Quicksilver Mining Co
Renee Pacific RR
National Tube Works
Naumkeag Steam Curron Co
New York
Lake Exits & Western RR
Norwich & Worcester RR
Ae England Mortgage Security Co
Oregon Railway & Navigation Co
Quar, Lepe
Proctor & Gamette Co
Rio Grande & Western
Rutland RR
Salemm Electric Lhcat Co
Salmon Falls Manufacturing Co
Ennesser Coal & Inon Co
THOMSON-HOUSTON EL_gc Co
Toledo & Ohio Central RR
Tremont & Suffolk Mills
United States Hotel Co
West End
Kry
Market Summary from London and New York
London markets show firmer close despite gold outflow with £200,000 sent to Russia and £600,000 to the Argentine Republic. American bonds and shares gain on new money while banks drain funds for year end and upcoming dividends. Luxembourg not mentioned.
MENTIONED IN THIS ARTICLE
N. Y. Evening Post
Loxpon
Russia
Argentine Republic
Electric Stocks and Bond Prices Listed by Firms
Published by F. W. Prescott & Co. lists Eastern Electric Cable Co. preferred at 53 percent, Thomson-Houston Electric Co. at 0.51, 51LM4, and 2d 34 26 Fe. Wayne Electric Co. with 5 iesicccseeeeds 124, Westinghouse Electric Co. at 6.-5- 6- 12IW lS, European Welding Co. with assorted debentures.
MENTIONED IN THIS ARTICLE
F. W. Prescott & Co
Devonshire Street
Eastern Electric Cable Co
Thomson- Houston Electric Co
Thomson-Houston Electric Co
Wayne Electric Co
New Amateur Club Forms From Trimounts Ring Gossip
Local sports notes outline a budding amateur club to be led by Trimounts alumni. White, Doyle leave the diamond T to join the new group, with Hodgkins named club champion after a 40 point year. Casey, Belek, and various athletes prep for B A A events and summer meets.
MENTIONED IN THIS ARTICLE
W. J. Casey
Cornish
Harry Hodgkins
E. L. White
Hodgkins
M. J. Doyle
W.J. Casey
C. J. Kelly
Schneering
Daley
Johnny
Harry Cornish
Harrington
Savage
Reagan
Riley
Dan Long
Phil Sheehan
Parker
Technology Polo
Casey
Powers
Trimounts
Marahan
Wreck near Prymovury Ohio Claims Freight Conductor
Westbound limited vestibule train No 5 crashed into rear of west bound freight No 29 near the Baltimore and Ohio yards. The freight conductor in the caboose was killed instantly. The body was taken to his Newark home. he leaves a widow and one child. No passengers were injured.
MENTIONED IN THIS ARTICLE
Prymovury
Baltimore & Ohio
Caboose
Newark
Sutcliffe Brewer Confesses To Large Liabilities
William Sutcliffe, a prominent Avapurn brewer and master, confessed judgment for 12000 dollars. His property is heavily mortgaged and liabilities are believed to exceed 100000 dollars, with total obligations not yet determined.
MENTIONED IN THIS ARTICLE
Avapurn
N. Y
Dee
William Sutcliffe
Sutcliffe
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dueJan
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