McLeod Seizes Control in Reading Reading Crisis
Street chatter credits Mr. McLeod with forcing a receivership of Reading by arranging short sales and a loan at emergency need. He and Wilbur, with Chief Justice Paxson, are named receivers, while New England stock also shifts as markets reel. Questions rise about losses, conspiracy, and who bore the $20,000,000 drop as banking panic spreads through major stocks and credits.
MENTIONED IN THIS ARTICLE
Reading New England
Reading
New York
New England
Boston
McLeod
Wilbur
Lehigh Valley
Paxson
Reading Road
Mr. McLeod
Court of Justice
Chicago, Burlington & Quincy
Atchison
Northern Pacific
St. Paul
Rock Misud
Manhattan
New York Central
Boston & Mai
Seneas
Boston & Albany
Old Colony
Pull
Sterling Exchange
Boston Board
Deacon White
General Electric
Bell Telephone
Bay State
Rates Little Changed as Bankers’ Bills Rise Slightly
It notes no change in posted rates while bankers’ bills show a mild increase. Sterling net rates listed include Cables 4 89 percent, demand 4 89-60, 60-days sight 4 87, and commercial 60-days sight 4 85. It reports a shipment of 3,500,900 in gold abroad by today’s steamer. X. B.
MENTIONED IN THIS ARTICLE
X. B
Reading stock outlook near term as market eyes March surge
Traders discuss Reading equity hopes with a predicted March lift as a New England control dispute nears resolution. Despite caution, Atchison and Cordage show potential upside while Sugar and Bell Telephone attract varied sentiment amid a broad market drift.
Market report shows day’s highs lows and closing prices
Official report lists bond, railroad, mining and utility prices for February 20 with entries such as Mexican Central, New York New England, Reading, Union Pacific, Amalgamated types and others. Highlights include large volumes in Mex. Cent. 4s and Boston transit issues, with closing bids and asks noted across sectors.
MENTIONED IN THIS ARTICLE
A.T
B.& Q.con
Aise
R. & Stk
E- Seco Sree
N. Yl& NE
Bsie
Dovrer
Wayne Elec
Saiglgesstan
Atch. T. & S.F
Boston & Albany
Boston & Lowell
Fitchburg
Siisuas Mateus Senet
N.Y
Ees Phil
Sis
Union Pacific
West End
Occ Ee
Boston & Mont
Butte & Bost
Cal. & Hecla
Centennial
Franklin
Ecee
Kearsarge
Osceola
Tamarack
Boston Water P
Brookline
East
Boston
Bell
Pullman
Westinghouse
London Market Rates and Foreign Advices
London at 12 80 p m Consols quoted at 98 11 16 for money and 98 1 4 for the account New York market lists firsts Pennsylvannia and Ohio 291 4 Canadian Pacific 87% Erie 24% Erie seconds 106 1 4 Illinois Central 102% Mexican ordinary 23 16 St Paul common 80 34 New York Central 112% Reading 19% Money 11% Paris advices 3 per cent reutes at 98 1 55 for the account 1 30 p m
MENTIONED IN THIS ARTICLE
London
New York
Pennsylvania
Ohio
Canadian Pacific
Erie
Illinois Central
St. Paul
New
Paris
Ing
Ing Atchison
Canada South
R. G
Del
East Tennessee
L. & Nash
Long Island
Lake Shore
N. Pac
Alb. & c
N.Y
Northwestern
N. Y GN. E
Ae ‘Ai
N. Y
N.J
West
Rock Island
Boston
Wagner
Albany
Syracuse
Chicago
R.R
Utica
Toledo
St. A
Michigan Central
Wabash
Boston & Pm
Cincinnati
St. Louis
Cleveland
Detroit
Hartford
New Haven
Springfield
New York Limited
Washington St
Kneeland St
A. S. Hanson
Electric power firms listed with figures and names
A fragmentary directory style entry lists several electric and mining companies with numbers and codes, including Boston Electric Light Co. and Westinghouse Electric Co. along with others such as General Electric Co and Ft. Wayne Electric Co. Details resemble a retail or industry catalog page from a newspaper.
MENTIONED IN THIS ARTICLE
Boston Electric Light Co
General Elec. Co
Wayne Electric Co
Westinghouse Electric Co
Quincy Mining Co
Tamataok
Oil Market Pipeline Certificates and Prices
The notice lists closing times and dates for pipeline certificates and refined oil prices. It notes opening and closing times for various certificates with figures such as 300 per gallon for refined oil, and provides firm dates in 1892 1893 and 1898, indicating market actions by F W Prescott & Co. and Ames Building.
MENTIONED IN THIS ARTICLE
F. W. Prescott & Co
Ames Building
Ames
New York Stock Sales Update for February 20
Total sales reached 1,457,100 shares, exceeding 693,100 on Saturday and 900,200 on Friday. Principal stock movements show varying highs and lows, with key listings noted for market participants and investors monitoring daily performance.
Atlantic shipping traffic shows mixed movement to Boston
Multiple vessels report sailings and passages from Norfolk Baltimore New York Philadelphia Newport News and other ports to Boston or with Boston as destination. Steamer Sorrento and barge depart Nobska anchored, while schooners and steamers including Isaac T Campbell Dorchester Yale Polar Wave and others move along the eastern seaboard and overseas ports with several windbound or in tow orders noted.
MENTIONED IN THIS ARTICLE
Chatham
George E Walcott
Boston
Norfolk
City Island
Oliver
Scofield
Salem
Nobska
Glenwood
Bevit
Baltimore
Shawmut
Seth Lowe
Isaac T Campbell
Dorchester
Howes
Yale
Boothbay Harbor
Odell
Belfast
Eunice P Newcomb
Rockland
Everett Webster
Cape Henry
Santuit
Fortress Monroe
James Royce, Jr
Duncan
Massasoit
Babbitt
John F Randall
Newport
Elizabethport
New York
Virginia
Ella Pressey
Fortescue
Hell Gate
Oliver Schofield
Nickerson
Calvin
B Harris
W S Jordan
John Johnson
Philadelphia
Indian
Three Marys
Puritan
Erastus Wiman
Chauncey E Buck
Pensacola
Putnam
Byrnes
Savannah
Delaware
Boson
Naval Wonders in Hampton Roads Excursion by Merchants and Miners
A February to May program offers an expedition by Merchants and Miners Transportation Co. steamers from Boston to Norfolk to view naval displays. The voyage passes Cape Charles and Henry, Fortress Monroe, Old Point, and the Rip Raps, with a look at Merrimac and Monitor sites. Spanish caravels Pinta Nina and Santa Maria will be shown with flags and artillery. A sham battle on ironclads marks the 1862 fight site. A. M. Graham at Central Wharf provides details.
MENTIONED IN THIS ARTICLE
Hampton Roads
Merchants and Miners’ Transportation Company
Boston
Norfolk
Hygeia
Old Point Comfort
Princess Anne
Virginia Beach
Hampton
Newport News
Vineyard Sound
Massachusetts
Charles and Henry
Fortress Monroe
Old Point
Merrimac
United States
Cumberland
Congress
Monitor
Columbus
Fort Monroe
Merrimic
A. M
Arrival list of steamers and ships with crews and destinations
Arrived vessels include Steamer Gate City with mdse and passengers for Richardson and Barnard. Steamer H F Dimock carries mise to H M Whitney from New York. Schooners Sarah C Ropes in Norfolk, Rebecca Ff Lamdin in Apalachicola, Ellen M Golder to Baltimore, Childe Harold to Baltimore, Elm City to Philadelphia. Barge Alice at Weehawken. Frostburg to Baltimore with vessels Bayard Barnes, Edwin R Hunt, Independent, Minnie Rowan, John Twohey, Louise H Randall, Benjamin F Poole, Daylight, Mount Hope, and others to Norfolk or Philadelphia as listed.
MENTIONED IN THIS ARTICLE
Gate City
Googins
Savannah
Richardson & Barnard
H F Dimock
Coleman
New York
Mise
H M Whitney
Sarah C Ropes
Kreger
Norfolk
Rebecca Ff Lamdin
Raye
Ellen M Golder
Hanson
Baltimore
Childe Harold
Eras Baltimore
Elm City
Etheridge
Philadelphia
Alice
Hussey
Weehawken
Frostburg
Mills
Schs Bayard Barnes
Mehaffey
Edwin R Hunt
Crowell
Independent
Case
Minnie Rowan
John Twohey
Thatcher
Louise H Randall
Newport
Benjamin F Poole
Ross
Daylight
Nickerson
Mount Hope
Crowley
Daniel B Fearing
Clifford
Also Mentioned on This Page
Gangel
Wilson Bros
WIN Bros
Tremont Row
Insider
R&w.p
St St. Paul
St.p.&c
Southern Pac
Texas Pac
GOO
Ae Pag
UP. D. & Giwa
Wabash Pac
D. C
Cen
Ore
D.&r.g
O. Imp
Dods
Nat. Lead Co
Tenn, C.&i
W. Union
U.S
Westcon
NJ P
Ia. C
R.G.W
K. P. Con
1St
St. L
F. M
St. P
Ch & Mut. U
Mobile & O
N. J.C
iTex
N. J. C. Gen
U. P
West Sh
Con
Cala, & Va
Monte Cristo
Hocking
Ontario
Samuel 8 Throp
Pearce
Mollie Rhodes
Dobbin
Abel E Babcock
Babcock
Hamstead
Way
Progreso
T M Whitney
Hallett
Forest
City
Snowman
Portland
G .F Williams
Mark Sounderren
Anderson
Fairfall
Glasgow
Boston Stock Exchange
Aif
NEW York Stock Sales
Corey, Milliken & C.G
Kilby St
Antwerp
Rialto Akester
Liverpool
Lancastrian
Parry
Norseman
James
Sagamore
Walter
Oston
ST Join
Nellie Clarke
Lottie B
Wellington
Mentone
Palermo
Stag
Naval Wonders
Sne. Works
Shipping
Merchants & Miners Transportation
Deltimore
Best Nets
Tenn
Go Air Line
Atlantic Coast and Seaboard Air Line
Kanawah
Baltimore& Ohio
A.M. Gratiam
Central Wharf
Uptown
Washington Street
J. C. Whitney
Traffic
Shipping News
Miniature Almanac
Port OF
Clyde Steamship CO
Great Southern Freight
Charleston
Florida
South Carolina
South
East River
J. A.E Sanders
Theo
G. Eger
Bowling Green
Boston & Philadelphia Steamship Line
Spartan
Long Wharf
At & P.m
Wilmington
F. P. Wing
E. B. Sampson
Savannah Line
New England and Savannah Steamship Co
Lewis Wharf
New York & New England Railroad
Metropolitan Steamship Company
Sound Linea
Ocean Steamship Company
Central Railroad of Georgia
Florida & Western Railway
Georgia
Alabama
Louisiana
Eastport
Calais & ST. John
International Steamship Company
Commercial Wharf
E. A. Waldron
Gen’ Agt
India Wharf
C.f
AMS
Ae Steamship
Cameroman
Grand Junction
Stearer
Custom House
Warren & CO
White Star Line
U. & and
Royal Mail
Queenstown
Atlantic
Europe
M. A. Adams & CO
State St
Corner Broad St
Red Star Line
E. A. Adams & CO
Cor
Broad St
Hamburg
WM. Johnston & CO
Sta
Chamber of Commerce
Corner of India St
Furness
Bosston and
Londo
Stockholm City
Beeston City
Durham City
Furness, With
Y & Co., Ltd
Water Street
Bost
Uniess
Leyland Line N
Philadelphian
Bostonian
W. Hi. Lincoln & CO
State Street
Warren Line
Milk Street
Cunard Line
Catalonia
Pavonia
Alexander Masctin
Southern Pacific Company
Morgan Line
New Orleans
Mississippi River
Texas
Arizona
New and
Old Mexico
Colorado
California
E. E. Currier
N. E
E. Hawley
Broadway
THE
Yarmouth Steamship CO
Yarmouth
Nova Scotia
J. F.spinney
Lewis Whart
J. G. Hall & CO
Chatham Street
W. BH. Eaves
Raymond & Willtcomb
Washington — Street
Thos. Cook & Son
Casa BA Aslan Steamship Line
Savannah Pier
Hharrila WW
Halifax
Dew. Sampson
Washington
L. Palmer
Old State House
Atlantic Ave
Railroads
Royal Blue Line
Baltimore and Washington
Central Railroad OF
New Jersey
Philadelphia & Reading RR
Baltimore & Ohio AR
Liberty St
North River
Boston Pullman Limited
NEW York & Northern Roads
Sixth and
Ninth Avenues
Summer St
155Th St
New Yackh
Lynn
I. D. Barton
A. C. Kendall
L Pass
Norwich
N. R
New York and
Doston Pailman Limited
Erie K.R
Newbury
Fishkill-on-Madson
Brewaters
Hawileyville
Plainville
Panbury
Bristol
New Britain
Waterbury
Rockville
Willimantic
New London
Southbridge
Webster
Blackstone
Woonsocket
Providence
Pawtucket
Valley Falls
Milford
Walpole
Boston & Albany Railroad
Needham
Highlandville
Upper Falls
Medfield
Millis
Medway
West Medway
Passuay
Summer Street
D. Barton
Robert C. Hooper
Adeline D. Hooper
William S. Dexter
Ada R. Stoughton
Boston Post
George White
Jonathan Cole
Register
Thomas W. Lynch
Suffolk
Julia E. Robinson
Admx
Charles
Philip Assner
Joseph Navisky
Copartners
Assner
Navisky
Isaac Kaffenburgh
G. C. Abbott
Court St
Mary J. A. English
John Carroll
Loston
Aotice
Bunker Hill Furniture CO
Ounty
Thomas J. Barry
Henry N. Clark
Otich
Charles P. Hemenway
Swampscott
County of
Essex
Ellen L. Hemenway
William English
Joan Carroll
Catherine Marshall
John J. Marshall
Admi
Jacob K. Lunt
Mary
James V. Steele
Middlesex
Court House
East Cambridge
John H. Blanchard
Commonwealth of Massachusetts
Board of Gas and Electric Light Commissioners
Bracon Sr
K. R. Neptune
Boston Gas Lightompany
Souti Boston Gas Light Company
Dorchester Gas Light Company
Roxbury Gas Light Company
BAY State Gas Company
Office of the Board
Beacon Street
J.T. Leary
TNO
City OF
Hanover Street
Ward 7
R. Marston & Co
E. Frank Woopspeary
Brattle Street
OLD State Horse
Damrell
Department OF Parks
South Street
Centre Street
City Hall
Park Commissioners
Paul H. Kendricken
Board of Park Commissioners of the City of
Office of Park Commissioners
Aaron A. Hall
John C. Kennedy
Edward Sullivan
Milk St
Fall River Line
Plymouth
Pilgrim
Park Square Station
Fall River
Washington and
State Streets
Old Colony Railroad
J. BR. Kendrick
Geo. L. Coonnor
L. H. Palmer
Joln J. Dowling
Mr. N
Ammond
India St
Bis
A. Kh. Andrews
R. J. Butcher CO
Congress St
Mass
Re Pryibil
West 41St St
Stuation
Proetestant
Monroe Printing CO
Monroe St
Brooklyn
Era
the Post
Enri DE Besse
Stuttgart
Gains & Stamps
Schayer
Pruonos
Upham’s Bookbindery
Gilbert
Mt. Pleasant St
Winchester
Dedham St