Money Market Holds Firm As Rates Stay High
Boston money market remains stringent with borrowing rates firm across on call and time loans. West End and other securities require high rates of 7 to 8 percent, while broad market activity shows gains in bonds and stocks amid strong New York funds and improved half year exchanges. Irving A. Evans & Co. notes consolidation of large corporations and a cautious but active summer ahead.
MENTIONED IN THIS ARTICLE
Boston
West End
Frenchman’s Bay
Corporation
Lawrence
F. S. Moseley
New York
Sterling Exchange
Oesseees
Messrs
Irving A. Evans & Co
King Gould
Atchison
Maverick National Bank
Atlantic & Pacific
Southern Kansas
Chicago, Kansas & Western
California Southern
Chicago
Burlington & Quincy
Chicago, Burlington & Northern
Union Pacific
Oregon Transcontinental
Louisiana
Missouri River
Wisconsin Central
Cincinnati, Sandusky & Cleveland
Alexican Central
New England Common
Gould and Bostwick
Dividends Declared by Multiple Companies Across Sectors
A range of firms from banking and insurance to railroads and manufacturing announced dividends. Notable items include Safety Fund National Bank Fitchburg at 250 per share, New Hampshire Fire Insurance 4 percent semi annual, Beech Creek Railroad 24 percent on preferred, Lake Shore & Michigan Southern 2 percent semi annual, Canada Southern 1 1/4 percent semi annual, and New York Central Hudson River 1 percent quarterly. Other declarations include Asbestos Packing Boston 3 percent, Security Associates Worcester 174 percent, Allen Gymnasium 24 percent, and Michigan Central semi annual 2 percent.
MENTIONED IN THIS ARTICLE
Asbestos Packing Company of
Boston
Safety Fund National Bank of Fitchburg
New Hampshire Fire Insurance Company
Security Associates of
Worcester
Allen Gymnasium Company
Beech Creek Railroad Company
Lake Shore & Michigan Southern Railroad Company
Canada Southerailroad Company
New York Central & Hudson River Railroad Company
Michigan Central Railroad Company
Railroad earnings and traffic gains across major lines
The report shows mixed gains in arrivals and departures versus last year with a 7114 cent increase. It notes near completion of a Portland to Waterlo double track improving train movement and lists earnings for East Tennessee Virginia Georgia for the third week of June at 87273, up 24327 from the prior period. It also compiles May earnings for Canadian Pacific Oregon Railroad Detroit Lansing and Northern with varying totals and mileage figures.
MENTIONED IN THIS ARTICLE
Miert
Portland
Waterlo
East Tennessee
Virginia
Georgia Road
Canadian Pacific
Oregon Cee Aie Company
Mayiss
Detroit, Lansing & Northern
Ere
Trahero
London Market Summary June 80 Consols and Rail Stocks
London market round up shows Consols at 101716 for money and 101144 for the account. Atlantic and Great Western firsts at 46%%, seconds 1012. Canadian Pacific 6314, Erie seconds 102%4, Mexican ord 6242, St. Paul common 02344, New York Central 314%, Pennsylvania 5742, Reading 2634, Illinois Central 127, ex dividend.
MENTIONED IN THIS ARTICLE
Fitchburg
Lou & M Riv
Aethene
Rutland
Ogs & L
Bonanza
Boston
San Diego
West Ena Ld
NY &N
A&pine
T&s
Faye
As So Inc
K & W Bs
H & O Gs
Bell
Erie
East Boston
Topeka
West End
A& P
T&s F
B&a
B&l
B&q
S&c
Allomez
Ee Cocessere
Bonanza Development
Calumet & Hecla
Franklin
Osceola
Tauincy
Marack
SI Y Cal
Kan
Western
Guif
Rook & Ft. Smith
Central
Scrip
Pac. Ie
New Eng
N.E
Oregon
Ho, Og
Boston & Maine
Oston & Providence
Chi Burl
Northern
Quincy
California Southern
Oil Central of Mass
Com
Central of Mass
Vol . C
San
Cleveland
Cleve
Canton
Gly . Cleve
Flint & P
Maine Central
N. E
N. Y Tn
Union Pacific
Wisconsin Central
Bell Telephone
New Eng. Telephone
Erie Telephone
LY. Mex
Lamson Store Serv. Co
Pacific
Iowa
Central Pac
Ches
Ohio
Alton
Ewer C
Col Teehee
Col
H. V
del. & H
del. & L
Den
R. Gy
East Tenn
Fort Wayne
Houst
Texas
Ill
Cantal
Tex
Long Island
Man
Chi
SSS
Minn
Ooi
Essex
Ohio & Miss
West
Oregon Trans
Pitsburg
Dan
W. P
Roch
Pitts
Ina
Rock Island
St. L
St. Daut
M.&m
St. Ms
Texas Pacific
Essaee Fee Sene
Cen
M. W
M. Keet
N. Pac
U . Pac
W. Shore
Express Compantes
Adams
American
Venus Fargo
LOX
Amador
Phenix
Belle Isle Quicksilver
Brunswick
Pref
Renfrew
Carson D. Co
Santi
Corl
Savage
Con. C. & Va
Ve Security
Hi Cristo Stanislaus
Nlamestake
Tenn. C
Ontario
London
Atlantic & Great Western
Canadian Pacific
St. Paul
New York Central
Pennsylvania
Reading
New York Financial Market Woes Persist In June Trading
Money on call tight with rates 6 1 2 and 12 last loan. Reading and Western Union show activity while overall list weak and dull. Stocks drifted after 2:15 with narrow fluctuations. Reading and Western Union were features, others quiet and heavy near session close.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading
Western Union
Canada Southern
Manha
San Francisco
Tennessee
Omaha
Manitoba
Keokuk
Des Moines
Boston & Maine Seizes Majority in Concord Line Shares
News from the Boston & Maine shows the railroad group has secured control of about 2000 Nathaniel White estate shares, giving them a majority stake and potential directorships. Observers expect Concord rail line control to shift and NH railroad issues to resolve with less difficulty than expected.
MENTIONED IN THIS ARTICLE
Boston & Maine Road
Nathaniel White
Concord Road
Boston & Maine
New Hampshire
Railroad report shows quarterly finances for 1587
Receiver J. Anderson of the Portland and Ogdensburg Railroad fileda report for the quarter ending March 31 1587. It lists gross 5849 11 expenses 55437 53 net 4158. Receipts 1357024 fixed charges and other payments 145515 12 leaving an excess of payments over receipts 994789. Balance on hand March 31 12557 01.
MENTIONED IN THIS ARTICLE
J. Anderson
Portland & Ogdensburg Railroad Company
Portland
Boston and Quebec Air Line hearing concludes in Skowhegan
Maine railroad commissioners heard arguments over the Skowhegan to Solon segment of the Boston and Quebec Air Line. Representatives for Norridgewock North Anson and Embden urged approval while Somerset railroad opposed the location. Decision reserved.
MENTIONED IN THIS ARTICLE
Boston & Quebec Air Line
Maine Railroad
Skowhegan
Solon
G.T. Stevens
C. A. Harrington
J. J. Parlin
B.S. Collins
Norridgeyock
North Anson
Embden
W. L. Putnam
Somerset Railroad
J. I’. Webb
Rail and Shipping News From the Atlantic and Midwest
The Oregon Improvement Company receives a $100000 dividend from Pacific Coast Steamship Company. Montreal circles a German French syndicate bid to buy Intercolonial railway for $4000000. Naugatuck Railroad stockholders ratify a 99 year lease to New York New Haven & Hartford. Chicago and Council Bluffs managers merge Western and Northwestern lines. Iowa Minnesota and Dakota Freight Association ends. Saratoga limited express to run next season via Hoosac tunnel. Bar Harbor travel soars compared with Maine Central traffic through June 25.
MENTIONED IN THIS ARTICLE
Oregon Improvement Company
Pacific Coast Steamship Company
Montreal
Dominion
Intercolonial Railway
Canada
Cape Breton
Nova Scotia
Naugatuck Railroad Company
Bridgeport
Conn
New York, New Haven & Hartford Road
Chicago
Council Bluffs
Iowa, Minnesota and Dakota Freight Association
Western
Northwestern
Hoosac Tunnel
Bar Harbor
Commodity market notes show steady patterns across multiple goods
The report lists little change in leather hides flour corn oats and various dairy and meat products. Fruit demand remains mixed with good demand for New potatoes and strawberries selling well. Sugar and molasses stay firm while trucks show good demand and footwear remains steady.
MENTIONED IN THIS ARTICLE
California
Boot and Shoe Trade Shows Steady Demand and Settlements
The boot and shoe trade remains steady with rising shipments and many duplicate orders. New England and nearby trade are busy with immediate shipments while reports from the South and West are encouraging. Worcester county strike ends, Lasters' Union yields, and confidence returns. factories report quick learning new hires and strong demand for wax, kip, split boots, and calf lines.
MENTIONED IN THIS ARTICLE
New England
Worcester County
Worcester
Market Quotation Snapshot Yesterday and Last Year
The opening, highest, lowest and closing quotations were recorded yesterday with the closing price matching the same day last year. Details list the exact figures for each metric.
Leather and Hides Market Report Shows Mixed Activity
The rough leather market is dull with buyer advantage while damaged grain leather is in demand but scarce. Finished leather holds little firmer prices. grain glove and other grades vary. Sole leather shows movement. plump stocks stay firm. Western buff hides and Cordovas move, with many prices listed for various leather types and grades.
MENTIONED IN THIS ARTICLE
Verhere
Entre Rios
Finished leather prices and grade notes from a historic market page
The listing details various leather grades and prices including glove grain, Kip, Galfskins, and splits. It notes finished leather quality, weight based pricing, waxed sides, and various regional hide quotes such as West wax Kip and Southern green salted hides with price ranges per yard or per pound.
MENTIONED IN THIS ARTICLE
Galfskins
Brighton
New England
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Flour and Grain Market Report June 30
The market shows dull trade with little buying and unchanged quotations. Corn remains steady and oats and oats calls show modest activity. No 2 white on track steady at 40 40%20, and 41c for elevator lots. The report lists detailed spot prices for wheat, corn, flour, oats, rye, malt, hops, pork and lard, and fresh meats across New York, Boston, Philadelphia, Baltimore, New Orleans, and Montreal with several weeks of export totals and price figures.
MENTIONED IN THIS ARTICLE
New York
Boston
Newport News Ee Eas
Angi
Montreal
Philadelphia
Baltimore
Oben
Orleans
Richmond
Minnesota Bakers
Michigan Stone
Michigan Rollers
New York Rollers
Canada Superior
Canada
Bush
Canada Western
P Bush
Eastern
Butter and dairy markets hold steady with mixed regional tone
Butter shows no change with Western creamery at 20c and other grades steady or higher in New York and Philadelphia. Cheese demand strong with firmer prices. eggs steady in some regions and weak in New York. Potatoes, beans, seeds and hay markets vary, while tallow and poultry display mixed activity.
MENTIONED IN THIS ARTICLE
New York
Philadelphia
Liverpool
Timothy
Vermont
Ohio
Sage
Albe
Michigan
Nova Scotia
Island
New Brunswick
Canada
North
Bush
West
Jersey
Lungarian
New Southern
Provisions Market and Meat Trade Update
Pork and lard remain steady with quiet demand while hams show strong appetite. Fresh beet prices hold amid heat. veals quiet. Moderate demand for choice steers and lambs, Eastern lots fair. Report includes weekly export recap and regional price figures for New York Boston New Orleans and more.
MENTIONED IN THIS ARTICLE
Lord
Choice
Tierces
Ford
Chicago
Brighton
Bacon Park
New York
Boston
Market Report Highlights Mixed Produce Prices and Availability
The notice details abundant truck supplies and varying demand across produce. Norfolk beans sell at 1.50 per crate for wax beans and 0.50 per crate for green beans, asparagus growing scarcer, cabbages in steady demand, Norfolks at 1.00 per barrel and Long Islands at 1.60, natives at 7.8 per hundred, peas 0.80 to 1.00 per bushel, onions quiet with SnoPy stock, Bermudas 1.25 per crate, Levants 1.75 per case, Virginians 2.60 per barrel, and various prices for onions, turnips, beets, squash, cucumbers, carrots, lettuce, spinach, rhubarb, and radishes.
MENTIONED IN THIS ARTICLE
Long Islands
Norfolk
Bermuda
Market Prices for Fresh Fruits and Bananas
A fair supply of strawberries, green apples, raspberries, gooseberries, blueberries, currants, and cherries with varied sales and prices. Californian fruits, Bananas, and citrus show steady demand. jobbing quotations listed for locations such as Baracoa Jamaica and Aspinwall with prices per box, crate, or pound.
MENTIONED IN THIS ARTICLE
Jersey
Baracoa
Jamaica
Aspinwall
Messina
Palermo
Cotton and sugar market summary with futures and spot activity
Liverpool cotton futures opened and closed steady with July at 5 59-64d and August at 5 60-64d, spot demand firm for middling uplands and Orleans. New York spot closed quiet at 11 1/2d cents, with futures bids and asks rolling through July to May. Trade included 97,400 bales sold, pipeline certificates variably listed, and raw sugar prices steady with refined marked higher. molasses steady with cargo quotes for Caribbean and Cuba.
MENTIONED IN THIS ARTICLE
Liverpool
Middlin Uplands
Orleans
New York
LLC
Saleh
Cy Ic Xa Hiepeghneas
Bates Pipeline
Callon
Manila
Lloilos
Belmont
Porto Rico
Cienfuegos
Barbadoes
Cuba
Grain and flour market reports from New York Chicago and Detroit
Trade centers report flour receipts exports and prices with U S market activity steady to firm. Wheat futures and spot markets show mixed demand with June weak to stronger calls and several price levels cited for No 2 Chicago rye corn oats and lard. Detroit notes Michigan red wheat around 78 cents and Chicago lists No 2 spring about 69 to 70 cents.
Also Mentioned on This Page
Central Massachusetts
Oston & Albany
Utland Common
Ogdensburg
Lamson
Tamarack
Calumet
Water Power
Maverick
Kidder, Peabody & CO
Devonshire St
Boston, Mass
Nassau St
Baring Brothers & Co
Europe
British Provinces
Devonshire Street
City OF ST. Paul
Blake Brothers &Go
State Street
F. H. Pringe & SO
Mass
Kansas City
Memphis
Birmingham
Kansas & Western
Burlingtor
Northern Pacific RR
Boston Stock Exchange
Brokers’ Board
At & Pac Inc
Sane Cal So Inc
C,k & W Inc
Aspinwall Land
Boston WP
Topeka Ld
West End Ld
A.T& SF
At & Pac Ya
BOG OO
Ny&nie
T& SF Elks No
A & Pine
B & MN
Ny&ne
Franklin Mg
Lemson
Sonora
P. Oeere
Boston Lia
Renchman’s
Yerick
Eoe
DiegoLd
Do Rts
Opeka Land
Wollaston Ld
West End Land
A, T&s E
A & P. Eevere
B& A Ove
C N
Eon Eere Ee
Wilson W. Fay & Co
Lord Acoustic Tel
Eeeveesee
Elec
Marg
Gray’s Dynamo Elec
Cin
St. Loui R. mi
Bruns
Suips
Lord Acoustic Reeene de Ives
Crescent
Honerine
Foreign Financial Markets
NEW York Financial
Nd& Alleghany
H Valley Gen
NEW York Stock
Railroad Matters
THE
Portland and
Chicago Markets
Anz
City
Minnesota
South America
Lake
Detroit
Hite
Liyiron
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