Money Market and Stock Market Summary of Boston and New York
The Money Market opens quiet and firm with the clearing house rate at 3 percent and time loans from 3 4 to 5 percent. New York funds sell at 10.15 per 1000 discount. Boston and New York exchanges show gains and losses versus last year with bank reserves improving in Boston. Stocks show activity with San Diego Land and Sugar Trust leading gains, Atchison slipping while C B Q seeks new listings. Union Pacific steady, Detroit Lansing and Northern debt moves, Sugar Trusts climb amid bullish sentiment and wider margins.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Salem
Blake Bros. & Co
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Treasury Department
Secretary of the Treasury
Ranes
Frances
Reichsmarks
San Diego
Strong
California
The
Atchison
Chicago, Kansas & Western
Chicago, Burlington & Quincy
New York Board
Micago
Burlington & Northern
Hamblin
St. Paul
Northwest
Ranger Roads
Vicehae
Cede Harris
Harris
St. John Just
Union Pacific
Gardner M. Lane
Idaho
Washington Territory
Oregon
Detroit, Lansing & Northern Preferred
Second National Bank
Loaia & Lansing First
Detroit, Lansing & Northern Company
New England
Boston & Albany
Fitchburg
New York, New Haven & Hartford Railroad
Mexican Central
Wade
Mexico
Boston Water Power
New York House
Brokers’ Board
Sic
Bell Tel
T&s F Coltr
Ae Cc
Lattle Rock & Ft
Louis
Ev & St L
FWC
Aim Bel Tel
Erie She
Lamson S
Sioux City Sige Yards
Frenchman’s Bay Land
Lenox & Stockbridge
West End
Topeka
Bonanza Mining
VBL
Butte & Loston
Mont Mining
Seeee
Osceola
Quincy Mining
Host
Bost & Sin ’ Steer
A. T&s
Chi & W
Det
Lans & No
Kkitchburg
F & Pere Mar
Aera M
Ny&n
B& N
Jiell Tel Ee
Erie
Lamson
Wollaston Land
Ane Cal & Hec
Bb & Mont Mining
Osceoa Mining
Cess
Santa FO
Ceeetees At & Pac
Sete
S&s Bivess Ee
Bost & Albany
Bost & Me
Oly, Cin, San & Clev
C&w
Flint «& Pers Mar
FIS& A
Wis
Bos van Ee
Mt Desert & East Land
Ilinois Steel Ewer
Lys
Ess
Thom-Houst
Westinghouse
Aie
Multiple New England Banks Declare Semiannual Dividends
A batch of regional financials shows First National Bank Northampton Gloucester and Water town declaring 3 4 and 5 percent dividends respectively. Other institutions including Hamilton Manufacturing Brookline Gaslight Odd Fellows Hall American Loan Trust New Hampshire Fire Insurance Masgaspit National Bank Pocasset National Bank Metacomet National Bank Bedford Safe Deposit Paterson Ramapo Providence Washington and Real Estate & Building announce various cash or stock dividends with payment dates in July.
MENTIONED IN THIS ARTICLE
First National Bank
Northampton
Mass
First National Bank of Gloucester
Union Market National Bank of Watertown
Hamilton Manufacturing Company
Brookline Gaslight Company
Odd Fellows’ Hall Association
American Loan & Trust Company
Omaha
Boston
Northwestern Guaranty Loan Company
New Hampshire Fire Insurance Company
Masgaspit National Bank
Fall River
Pocasset National Bank
The
Real Estate & Building Company
Brewster Cobb Estabrook Bankers Investment Securities List
Brewster Cobb and Estabrook Bankers publish their July list of recommended investment securities. The compilation highlights securities favored by the firm for current portfolios and offers guidance on suitability for clients seeking growth and income.
Financial market notes from London and New York
Foreign financial reports list U S government securities with varied yields, Atlantic & Great Western and Erie issues trading near par, Mexican and Canadian stocks quoted with fractions, St Paul and New York Central markers, and ex dividends. Paris money market shows 3 percent rentes at 84.40 francs, bullion bullion out of Bank of England today totals £184,000.
MENTIONED IN THIS ARTICLE
London
United States
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
New York Central
Pennsylvania
Reading
Mexican Central News
Paris
Bank of England
New York Financial Summary Markets End Dull Yet Firm
Money on call remained easy at 4 to 5 with last loan at 4 and closing 4. Prime mercantile paper at 4 5 percent. Bar silver at 91 4. Sterling exchange steady with 60 day bills at 4.86 and demand at 4.884. Government and railroad bonds steady while stock market shows dull activity after noon. Ohio Southern strength and St Paul slight gains amid overall quiet close. Chesapeake & Ohio and other rail bonds contribute to the day’s modest sales and mixed price moves.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Dulness
Ohio Southern
St. Paul
Leach
Atchison and St. Paul
South Pacific
Chesapeake & Ohio
Chesapeake Ohio
Chicago & East Illinois
Rocking Valley
Lorris & & Essex
Lake Shore
New Jersey Midland
Duluth & Manitoba
Baltimore & Ohio Gold
Railroad matters and new incorporation in Alabama
The Fort Payne Guntersville and Chattanooga Railroad Co filed articles of incorporation under a special Alabama charter. A nine-member board was elected led by P. Rice as president and J. W. Spaulding as vice president. Route planned from east of Fort Payne to near Guntersville, about seventy miles with favorable grades and rich farming and mining lands. Fort Payne gains direct east west rail access, supplementing existing north south links on the Queen City Crescent. Also notes receiver Malott’s statement on Chicago and Atlantic debts, Wason Manufacturing awarded Chilean car contracts, and Louisville & Nashville and Richmond & Danville earnings reports and traffic figures.
MENTIONED IN THIS ARTICLE
Fort Payne, Guntersville & Chattanooga Railroad Company
Alabama
Willian Warner
M. C
O. I. Dean
E. E. Parker
Kansas City
Henry C. Ne
Cordley & Co
Boston
P. Rice
J. W. Spaulding
L. A. Dobbs
J. M. Ford
QO. Godfrey
F. H. Tobey
Fort Payne
East Tennessee, Virginia & Georgia
Midway
Guntersville
Tennessee River
Rice
Colonel Spaulding
Godfrey
New England
Cincinnati
New Orleans
Commercial Goods Market Summary
Dry goods are steady while flour strengthens and corn remains firm. Oats, graham, cornmeal, and cottonseed meal show stability. malt and hops stay dull or very quiet. Butter, cheese, eggs, beans, and meats vary mildly. fruits demand steady or better, with oranges in strong demand and molasses very firm.
MENTIONED IN THIS ARTICLE
Graham
Print cloth market stalls at 315-16c in Fall River
Fall River market remains quiet and steady with cloth at 315 to 316 cents per yard for 64x64s. Manufacturers show reluctance to sell at current offered prices, dampening business and demand.
MENTIONED IN THIS ARTICLE
Fall River
Boot and Shoe Buyers
Chicago, Milwaukee, Greensfelder of Greensfelder Rheim & Co. Jacoby of Jacoby Bros. Wolfson of Wolfson. Vimont of Clark Shoe Co. Smith of Smith Simmons & Pe. St Louis and San Antonio purchasers listed among buyers in this regional sourcing snippet.
MENTIONED IN THIS ARTICLE
Boot and
Chicaco
Greensfelder
Greensfelder, Rheim & Go
Los Angeles
Cal
O Jacoby
Jacoby Bros
Spehaes Ery
Se Hann
San Antonio
Tex
L Woifson
St Louis
J M Vimont
Clark Shoe
Blo
Wool Sales in London See Mixed Demand and Quiet Attendance
At the London wool sales July 1 there was lower attendance but steady demand and full rates. New Zealand wool rose slightly with ample greasies. foreign houses active while home buyers took the finest grades. Total 15,172 bales offered, 7,000 withdrawals. sales from Victoria New South Wales Queensland South Australia Swan River New Zealand Tasmania noted with price ranges in scoured and greasy lots.
MENTIONED IN THIS ARTICLE
London
New Zealand
Victoria
New South Wales
Queensland
South Australia
Swan River
Tasmania
Quiet Dry Goods Trade Reflects Seasonal Calm
A sanitized 19th century market summary notes a quiet period for dry goods sellers as woollen and cotton goods pricing shifts unfold. Wool goods face higher costs and cautious demand, with expected light-weight offerings holding steady while heavier weights may rise next season. Demand remains modest for cotton textiles, with firm prices on cotton flannels and steady to improved activity in the job trade. Providence and Fall River outputs anticipate steady production, while some manufacturers expect price movements to balance raw material costs.
MENTIONED IN THIS ARTICLE
Universal
Atereal
Tian- Sis
CIS
Providence
Fall River
Wheat market slides amid sparse cash demand and heavy selling
The Chicago grain market faces weak cash demand as July wheat futures retreat. Dealers report small premiums and nervous buyers while supplies rise. Northwest activity, heavy selling by shorts, and anticipated crop prospects weigh on prices. Minnesota and Dakotas traders note large weekly movement and cautious appetite for cash grain.
MENTIONED IN THIS ARTICLE
Farnunj Reardon
Fpad
Rooster
Airn
Ss - Fo
Ag Wl
Rhoishily
Ighorts
Minneapolis
New York
St Louis
Also Mentioned on This Page
Res
R. L. Day & CO
Adams, Blodget & CO
Congress Street
Brewster, Cobb & Estabrook
Trustees
Conservative
Sioux City
Iowa
F.Y. Parker & CQ
State St
Stoges
Allen S. Weeks
Noston Stock Exchange
Houston
Lincoln & Colorado RY. CO
Union Pacific Ry. C
Fitchburg RR. CO
Naumkerg Street RY. CO
City OF
Cleveland
Ohio
East Saginaw
Michigan
Foote & French
R'y & Nay, Co
Con
M’ge
Pacific
M'ge
St. Jos. & Gr
Oregon Short Line
Boston Stock Exchange
Bales
East Boston
San Biego
Eve Eee
Ballivan
ACM
EMG Fa Visik Erors
Wanuhtod Sass
Eereeeeeres
Big Wollaston
Ll. G. Ta
Lile B. & Mo
L. G
Elk H
C. M
K. C
L. KR
Ft. S
Central Con
N.Y. A& NE
Lili
Va Og
Aytresey
Pueb, & A
Rutland
Atlantic & Pacific
Boston & Lowell
Boston & Maine Eh
Boston & Prov
Cove
Canton
River
Flint
Hk. CM
Seer
L.E
Stl
Maine Central
Summit Branch
Eee
Wisconsin Central
By Telephones
Bel Ysverexheven
Aros Sat
Eee ‘Eee Eee Sue 82 % On Ip | Mex. Seer Sewer Ene
New Engle Ser
Stopicr
S. Eastman
Lamgon Store Ser. Co
GLY
Pullman Palace Car Co
Unlily Securities Am
Cotton Oil Trust
Mt. Desert
East Shore
Malden Electric Co
LMS New York Despatch Co
North Chi
National Lead Trust
Star Refineries Co
Thomson-Houston Elec
Mlec
Do ‘Trust
Thomson Elec
Westinghouse Elec, Co
Winnisimmet Co
Deaware & Hudson
Denver
Grande
Gulf, Colorado
Santa Fe
Wabash Sq
Hich- Lowng
Ing. al
A Air L. Dls
Ese
Roch
Central Lowa
Central Pacific
St. & Steer
del. & L
Den
R. Wises Ewe
East Tenn
Tiesas
Hocking Val
Houston & Texas
Central
Ste
Ran
Wwe
Low Island
Louis. &Nash
Man
Beach
Olek
Minn
St. Letee
Sao Veese Mo
Peer
D. Cent
Bisa Nor. Pacific
Y. Cent
N.Y
N. E
Ohio & Mass
West
Pittsburg
W.e
Rock Island
Tome
St. I Paton
Tees
Sep
Texas Pacite
Tuca & Ker
St.Lb
W. x LL. I
Bu Land and Miscellaneous Companies
Pacific Mail
Pullman Pal
Eree W. Union
Gas ‘Trust
Sugar Trust
Cam Gay Na W
Cen
P. Tots
R.G. L
O. & Eauatir
Ss D
Leah
St. P
Tex. P
P. Lata
U. Vac
Ontario
Potosi
Crown Point
Cristo
Shles
Allonez
Alnoig
Atlantic
Bonanza Pevel’t
B. & Mont
Hecla
Catalpa
Crescent
Stee Serene
Ridge
Quincy
Senevenese BiLac Sewer c
Tamarack
Aspinwall Eee
BGG Gry A
Odedas Cei Sea
Boylston Street
Tookiing
Ee Campodelig
Eeeseenes
Beard
Miscellaneous Stock Exchange
Wilson W. Fay & Co
State Etreet
Harvard Land
Burton
Morley
Robinson-foster Electric
International Burton Hole “Mach
Beacon Electric
Reese
Edison Phon
Toy
Eteweer Sere
Passion
Foreign Financial
NEW York Financial
Railroad Matters
Southern Railroad
Chicago & Atantic
Malott
Indianapolis
Ind
Chicago & Atlantic Road
Chicago & Western Indiana Road
Brooks Locomotive Works
Wason Manufacturing Company
Springfield
Louisville & Nashville
Richmond & Danville
Incre
Ch Weok
Ons
Agal
Fuasee Hhaen Haan Salling At
OP Jon Marks
Chicag & Co
Gian
Cheney & Co
Uni
Portelectric
Company
Boston, Mass
John M. Corse
Thomas W. Bicknell
A. E. Dolberr
Somerville
Old South Meeting House
Washington Street
Eastern Banking CO
Milk Street
Francis A. Osborn
EBD
W. T. Mearthew
Treat——r
Kansas
Kansas New England Loan and Trust CO
J. M. Atwood
Joan Jeffries & Sons
Devonshire Street
Ilinois
ILGA
Eas
Golle
JSON
E. Welsh
State Street
General Markets
Bush
Geerts
Iluish
Hush
Cotm
Annie Sme