Money Market and Stock Market Report from Boston
The Boston money market opens softer with interbank loans at 5 percent and general market loans from 4 to 6 percent. New York exchanges rise, and bond offerings total 62 500 dollars. Rail stock activity remains lively ahead of railroad official meetings, with water power and land stocks showing notable moves and plans to restructure debt and raise stock values.
Financial Securities and Shares Listing Fragment
A dense OCR fragment lists various securities and notes including Santa Fe 1% to 81, Michigan Central 5s of 1931 to 111A, numerous bank and mill stock holdings, railroads such as Arlington Mills and Revere Beach & Lynn RR, and debts from Kan and Boston area companies. Many entries reference dated issues, amounts, and holder institutions in a chaotic ledger style.
MENTIONED IN THIS ARTICLE
Santa Fe
Michigan Central
Eel River RR
Third Nat. Bank
Union Glass No
Manchester Mills
Amoskeagpita
le BO
First Nat. Bank
Chelsea
Mass
Merrimac Mfg. Co
Wainwright Mfg
Arlington Mills
Revere Beach & Lynn RR
Arkansas Val. Town and Land Co
Bunker Hill Cyelorawa Co
McKays& Ene
L. and
Tr. Co
Kan
St. Louis
Western RR
Dividend Declarations From Several Rail and Finance Firms
The Wheeling and Lake road directors declare a 1 percent dividend payable February 15 with books closing February 9. The Holyoke and Westfield Railroad Company proclaims a 2 1/4 percent share, Boston Pier or Long Wharf Company pays $2 per share, Allen Gymnasium Company 2 percent, and Bay Harbor Banking and Trust Company 6 percent.
MENTIONED IN THIS ARTICLE
Wheeling & Lake Road
Holyoke & Westfield Railroad Company
Boston Pier
Long Wharf Company
Allen Gymnasium Company
Bay Harbor Banking and Trust Company
Bonds Offered for $8.3 Million Mortgage Railroad
Subscriptions in Boston and New York at par with accrued interest for 1.5 million of bonds from an 8.3 million issue. A first mortgage on six miles of completed railroad from Fulton Ferry to Last New York, with a strong earnings outlook and rapid growth expected. Subscriptions open January 5th 10 AM and close January 10th 3 PM.
MENTIONED IN THIS ARTICLE
Boston
August Belmont & Co
Messrs
Vermilye & Co
New York
Fulton Ferry
Fulton Street
Brooklyn
Wing
Fairbanks
St. Louis & Chicago Railway Company
Chicago
Gresham
United States Circuit Court
Robert J Cavett
Springfield
St. Louis
New York Financial Markets End Quiet Despite Small Gains
Money on call remained easy with rates near 4 percent, while mercantile paper held at 542 7. Government and rail bonds showed dull firmness. The stock market opened higher but ended mixed and quiet, with early losses recouped later as Union Pacific and others showed strength, and overall market activity stayed subdued through the session.
MENTIONED IN THIS ARTICLE
C. E. Whitmore & Co
Atchison
New York Times
Southern Pacific
Missouri Pacific
Chicago
Burlington & Quincy
Chicago, Burlington & Northern
Union Pacific
Atlantic & Pavilic
Cincinnati, Sandusky
Cleveland
Chicago & West Michigan
Union Pacific Sinking Funds
Detroit, Lansing & Northern
Louisville, Evansville & St. Louis
New York & New England
Boston & Mainé
Boston & Lowell
Boscon & Albany
Fitchburg
Boston & Providence
Old Colony
West End Railway
Mexican Central
Sonora
New York
New England
Springfield
Couny
Eacon Street
Brooklins
West End Railway Company
Electric
Prime Mercantile
Sterling Exchange
Perry Coal
Lacka- Wanna
St. Paul
Reading
Somme
Chesapeake & Ohio
Erie First
Hannibal & St. Joseph
Ohio
Indiana & Western
Cuiest
St.s
U S and Railway Stocks Mixed in London Markets
London quotes show United States four percents at 129½, Erie 27½, Illinois Central 118½, Mexican ordinary 43¾, St Paul 64½, New York Central 111, Pennsylvania 54, Reading 24, and money at 24%. Discount on short bills at 3.8½. Paris rates 3% at 82 francs 82½ centimes. Bar silver 42 11 16d. Bank of England bullion balance today £17000.
MENTIONED IN THIS ARTICLE
New York
Alt
Ys Pacific
Greiner
Air Line
Central
Iowa
Central Pacific
Ches
Ohio
Alton
St. eTivats
T. W. Ee
Hocking Valley
Houston & Texas
Esee
Kan. & Tex
Lake Shore
Long Island
Louis
Lou
N. O
Lev
St. Nes
Pacific
Ewer
M. Ohio
M. Essex
Nash
N.Y
St. le
N-E
Oregon
Rock Island
Rome, W. & O
St. L
St. Aa
St P
M&m
Texas Pacific
D. C
U, Pacific
Utica
Pre
Va Land
Mim
Wee
Paci i
Enee
Petroleum
M.W. Ded
Wayen. P
D. Navi
St le & Ee
St. P . Dons
Erie
Sib
P. Kan. I
Den
ASM
T. We
Tex. P. Mut
Union
N. J. C. Int
Ex. P. Rvg N. Pac
Seeee Adams
Wella. Fargo
Amiador
le Mutual S.& M
Col. Chis
Ontario
Col. Coal
Rey Phir
Man
Nevada
Exchequer
Hock
London
United States
Illinois
Bank of England
Railroad Salary Cut Sparks Uproar Across Missouri Pacific
A sudden 10 percent salary reduction orders hit all Missouri Pacific employees earning $100 monthly or more, excluding engineers, conductors, shopmen and firemen. The move follows a New York conference between General Manager Clark and Mr. Gould and takes effect immediately.
MENTIONED IN THIS ARTICLE
Missouri Pacific
Clark
New York
Gould
Commodity Market Snapshot Afloat in Quiet Trade
The report shows mixed movements across commodities with copper and many grains steady or unchanged while oats ease and butter and eggs trend dull. Meat prices mainly steady with fresh beef firmer and pork unchanged. sugars ease and molasses holds.
Grain Markets Show Mixed Demand Across Regions
Chicago reports steady to firm prices with May wheat around 104 to 105 as cold Northwest weather boosts futures. Corn and oats are mixed with dull demand, while New York and St Louis quotes show modest movements and varying cash bids across several grades.
MENTIONED IN THIS ARTICLE
Chicago
Jane—Farnum, Reardon & Co
Minneapolis
New York
St Louis
Hutchinson
Bush. Bush
Perens Sot Tk Peta
Eveenese Me . Ltd
Boston
Bush
Bush. Bush. Cgorn
Minnesota
Michigan
Canada Superior
Canada
City
Milwaukee
C. St Louis
Bae Push
Baltimore
Philadelphia
Detroit
Peoria
Toledo
New England
Boston & Albany
Hoosac
State
Graham
Metal Market Shows Steady Demand Amid Mixed Rails Outlook
A broad iron and steel market review notes moderate demand with steady prices for pig iron bars plates and pipes. The Philadelphia Record flags a disappointing year for steel rails with declines around $40 per ton, mills closing temporarily and efforts to shift to other materials while copper tin and lead show mixed activity. Prices for iron and related products in shipping districts remain largely unchanged with firm London and Boston market indications and varied spot futures.
MENTIONED IN THIS ARTICLE
Philadelphia Record
London
Pennsylvania
Eglinton
Summerlee
Gartsherrie
Langloan
Coltness
Norway
Boston
Shell
New England
Bessemer Steel
Russia
Baltimore
Lead price list notes varied metals and pipes
Reading shows prices for tin lead pipe and sheet lead with figures like 475 for coke terne and 414 4 ec for lead. Also listed are lead pipe 642c and tin lined pipe 15c and pure black tin pipe 45c with other brands and zinc items.
Print cloth market steady in Fall River trade
Fall River reports a steady print cloth market on January 7 with fair demand at 316 to 16 cents for 64x64s and moderate business overall.
MENTIONED IN THIS ARTICLE
Fall River
Also Mentioned on This Page
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Senatey
Back Bay
Asvinwall
Boston Land
Boylston
Brookline
Campobello
East Boston
Frenchman’s Bay
Lamoine
Newport
West End
Winthrop
Wollaston
Bar Harbor
San Diego
Boston & Montana
Calumet & Hécla
Kearsarge
Tamarack
Butte & Boston
Osceola
Transcript
Clark-Bigelow
Vivian
Franklin Mining Company
E. Rollins Morse & Bro
Poundston
Bo Montana
Tamarac
Kinder
Peabody
Devonshire Street
Nassau Street
Boston Stock Exchange
Great Falls Mfg
Atlante Cottott Mills
Hamilton Mfg
Everett Mills
Washington Mills
McKay
Duaranua Ins. Co. Seri
Tora
Union Pacific Eit
Brokers
LO A. M. Ae
Enane
T&s Feel Trust
Bur & M Neb
B& N
Cin, San
Greg Wakes & M
Og & L Cham
So Kan
Tex
Ambell
Deiton Land
Brookline Land
Ebay
Lamoine Lane
Newart Land
Trinby
Santa Fe Mining
Tamarac Seer
Bs& Bé&Pt
B& C&w
T&s F
Sacod
P.i.seeaee
Viob Ab
P. Ceeet Rap & Mo
Sre
Dsi
Inc
My - Ain Bell
Aspinwall Land
Stenee
Penobscot ‘Bay
Topeka
B& Mont
Butte & Bos
Ccs
Cai & Hee
Oseeola
A.T
Wenee
Asreee
Osceola Mining
Ehoula
Bales
Allonges
Arnold
Atlantic
Benauze Devel
T. Wen
Mont
Hecia
Catalpa
Franklin
Huron
Ironton Iis
Ty Nathonals Sre
Seeeseeons
Ihe
Pewabie
TIMOY
Enee Tamarack
Ridge
Aspinwall
Boothbay
Beeston W.P
Oylston Street
Campovello
Bay
Webeererne
Taebae
Laimoine
Ly Payson
BONDS
LOT
At. & Pac
Neds
Iit Ao iNeb
L. G
Orgs Brose Llite
Cal
Elk H
K. C
Oly K.C
BonoDs
St Pil
Enews
Pueb
A. V
Rutland
de Sevider
Peevey
Aee
Wis. Cent
Atch
Top
Atlantic Pacific
Roaton & ‘Albany
Siigoba
Boston & Maine
Boston & Prov
Southern
Central of Mass
Eene Neue
Cleve
Canton
Guif
CL & Sp
KO. Sp
Mom
M.&b
L. RK
L. E
St. Ee
Maine Central
Ceseeuvee
Summit Branch
Union Pacific Tees
Newling
Lastman
Fameon Store Ser. Co
Aiss
Pulinewa Palace Car Co
Miscellaneous Stock Exchange
Wilson W. Fay & Co
State Street
Elee
Manta
Cleveland & Auton RR
Eeereers
Wainwright Miz Bo
Union Cotton Mfg
Alleh
Airne
Taunton
Bristol Co. N. Bk
Adm
N. Revere
N. Bank
Salem
Mercanile x. ‘Bank
Colmi
River KR. Co
Atlantic Cotton Mills
Boston Ath Onemaey
Lawrence
Great Falls Mfg. Co
Merrimack Mix. Co
Continental Mills
Old Biston N. Bank
Suffolk NX. Bank
Mercantile Marine Ins
Newmarket Mig. Co
Lote IM
Lincoln & Colorado
Kansas City
Lawrence & So
Suffolk N. Bank
Do Jackson Co
Do Consolidated RR
Sugar Refineries Co
Mancheater Mills
Col, Springfield & Cin
de Wortland, Saco & Portsmouth
Kings County
Flavored Railway OF
First Mortgage
American Exchange National Bank
Blake Brothers &No
California
Jan
Setee
Best & Belcher
Savage
Abe
Sierra Nevada
Crown Point
NEW York Financial
Railroad Matters
Washington
S. W. F. Draper
Pennsylvania Railroad
Fitchburg and
Witchburg
Worcester
Gardiner
Greenfield
North Adams
Board of Managers
Philadelphia & Reading Railroad Company
Hereford
Cookshire
P.Q
Canadian Pacific
Upper Coos
Grand Trunk
Boston Markets
Uus
Aig Sabre
Illirivic
Congress Street
Ire
Congress Square
Quincy House
BAVAY
Manbeuno
Uluk Service