Money market holds steady amid mixed bond activity
Boston's money market remains quiet with rates near 6 percent as banks cover clearing needs. New York exchanges rise while Atchison leads gains in a broad market. Wisconsin Central and Minnesota equities show weekly earnings increases. Cambridge Railroad stock swap offer promotes large exchange to preferred stock in West End consolidation.
MENTIONED IN THIS ARTICLE
Europh
California
Britisi
Boston
New York
Philadelphia
Dividends Declared by Utilities and Rail Line
The South Boston Gaslight Company declares a 4 percent dividend. Illinois Central Railroad approves a 3 1/3 percent dividend payable Sept. 1 for holders of record Aug. 10. Calumet & Hecla sets a $5 per share dividend payable Aug. 22 to holders of record July 23. Tropical American Telephone declares a 1 percent dividend with 10 cents per share on stock of record Aug. 1 payable Aug. 15.
MENTIONED IN THIS ARTICLE
South Boston Gaslight Company
Illinois Central Road
Calumet & Hecla
Tropical American Telephone Company
Financial Market Highlights from London Paris and Berlin
Foreign markets show gains and steady demand. Canadian Pacific rose to 623 1 2, Erie at 32, St. Paul at 835 to 85, Bank of France reports gold up 2.226 million francs and silver 1.475 million. Russian securities advance 1 1 2 percent, St Petersburg exchange 176.26.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Erie
St. Paul
Paris
Bank of France
Berlin
St. Petersburg
New York Stock Sales July 21 Trades Report
Today's transactions total 155,287 shares with listed securities showing opening, high, low and closing prices. The report itemizes each stock's activity including volume and price movement for the session.
MENTIONED IN THIS ARTICLE
New York
New York Money Market and Stock Summary
Money on call easy at 4 to 4 1 4, last loan 4, close 4. Prime mercantile paper stable. Bar silver 961. Sterling quiet. Government and railroad bonds dull and heavy. Stocks opened weak but recovered losses. end of day firm and close strong. Railroad bonds dull with $556,000 in sales. Notable gains: Chesapeake & Ohio B at 70 1 2, New Orleans & Mobile 2 at 99, Louisville & Nashville 1 at 113, San Francisco class 1 at 114, Iron Mountain Arkansas 14 1 2 to 111 1 4, Tennessee Coal Birmingham 6s 86 1 2, St Paul Iowa & Minnesota 7 8 to 118 1 4, South Minnesota 6s 115, Mobile & Ohio fourth debentures 22 1 2.
MENTIONED IN THIS ARTICLE
Boston
New York
Sterling Exchange
Bank of England
Ives
Baltimore & Ohio
Iit
Atchison
Shorts
Sonora
Southern Kansas
Chicago, Kansas & Western
Chicago
Burlington & Quincy
Chicago, Burlington & Quincey Road
Nebraska Railroad Commissioners
Union Pacific
Oregon Short Line
Atlantic & Pacific
Pullman Palace
Cleveland & Canton Common
Oregon Transcontinental
Chicago, Burlington & Northern
Flint & Pere Marquette
Mexican Central
Wisconsin Central Common
Wisconsin Central
Penokee
Milwaukee & Lake Winnebago
Minnesota
ST. Croix
Wisconsin
Pasca
Massachusetts Common
Maine Central
Boston & Maine Strow
Boston & Maine
State Street
Concord
New England
Shepaug
Connecticut
New
Hilal Low- Clos- Closa Est
Ing. A
Northwestern
Eas
St. Louis
S-E
Ohio & Miss
West Seer
Oregon
Pittsburg
Reading
Fee
Mo & MS
Wes Cas Pacific
Toledo & O.C
Pacific
Utica & I Ee
Oregon Inn
Pacific Mail
Pullman Pal
W. Union
Sears
Fia Uw
St. Gee Allouez
Bonanza
Calumet & Hecta
Franklin
Osceola
Seater
Os Erie
Uiney
Brookline
Ee Livy
San Diego
West End
Bonds Adams
American
Ns Fargo
Atlantic & Pacific Ine
BSI
Cal
Southern Incomes
Kan. & Western
Amédaor Ae ii
Onario
Ciu
Ran. & Westernine
Gilver Brains
Phoenix
I Rock & Ft
Santiago
N.Y
N. E
iTornado
Og. & L. Champlain
Peab
Ark
Valley
Helle Isle
Rutland
Wis
Central
Entral
Atch
Topeka
Boston & Albany
Boston & Lowell
Oeneee LG Uv
Boston & Providence
Chi
E. Minois
Northern
Quincy
Flint & P. Marq
Welsays
BOL
Nak
N.E
Old Colony Eee
Gt. F
Prime Mercantile
Western Union
Dulness
Chesapeake & Ohio
New Orleans
Mobile
Louis
New Albany
St. Paul
Iowa
South Minnesota
Mobile & Ohio
Alyy
Vicksburg and Meridian Railroad Reorganization Plan Altered
The Vicksburg and Meridian railroad reorganization committee modifies the plan to avoid sale. A new consolidated mortgage covers old bonds with 4 percent for two years and 5 percent for three years. Existing income bonds, preferred and common stock receive new preferred stock valued at ten thousand dollars per mile, with dividends from land sales. If the plan fails, foreclosure sale begins in October.
MENTIONED IN THIS ARTICLE
Vicksburg & Meridian Road
New York and New England Seizes Shepaug Line
W H Starbuck acting for the New York and New England railroad has secured control of the 32 mile Shepaug road from Hawleysville to Litchfield and contemplates extending to Winsted. This would forge a strong rival to the Nangatuck line now held by New York New Haven Hartford. The purchase was pursued quietly, and the announcement shocks many stakeholders.
MENTIONED IN THIS ARTICLE
New York & New England
W. H. Starbuck
Shepaug Road
Hawleysville
Litchfield
Winsted
Nangatuck
New York, New Haven & Hartford
Shepaug Railroad Sold to William H. Starbuck in New Haven
William H. Starbuck now controls the Shepaug railroad from Litchfield to Hawleyville after purchasing it for about 200000 dollars. The line, finished in 1870, has a capital stock of 299700 and last year earned 68940 with expenses of 64612. An extension to Winsted is likely to compete with the Naugatuck line and align with the Hartford Connecticut Western network. Edwin McNeil, long a controlling figure on the Naugatuck system, may influence the plan.
MENTIONED IN THIS ARTICLE
New Haven
Conn
Shepaug
Litchfield
Hawleyville
William H. Starbuck
Derby
Shepang
Winsted
Naugatuck Road
New England
Consolidated Road
Railroads Update From City Directors Meeting
Lynn & Boston directors accepted new Harris street and Winthrop avenue Beachmont locations. Crescant Beach double track nearing completion. Manitoba road annual meeting set for Aug 18 at St Paul to elect directors and discuss Montana Central stake. Arizona Mineral Belt first 15 miles earning, 22 laid, 30 graded, 35 miles stocked. Maine railroad commissioners refuse Bos ton & Quebec Air Line route due to incomplete survey. Rock Island to cut Iowa corn rates 2 to 244 cents. New York reports half rate teacher tickets to be redeemed from scalpers per yesterday’s agreement.
MENTIONED IN THIS ARTICLE
Lynn & Boston Railroad
Harris Street
Winthrop Avenue
Beachmont
Crescant Beach
St. Paul
Arizona
Railroad Commissioners
Maine
Boston & Quebec Air Line
Skowhegan
Jackenanton
Canadian Pacific
Rock Island
Western Association
Iowa
New York
Boston & Albany
Commodity Market Notes Show Mixed Stability Across Foods
Leather demand quiet while hides improve and fat spreads remain steady. Flour, rye, oats, and malt hold steady with firm or unchanged prices. Potatoes in good demand and fresh beef firm. Butter, cheese, eggs, beans, seeds, hay, straw, poultry, pork, lard, hams, raw sugar, refined sugars, and molasses show varied quiet to firm levels with overall steady trading in the period. Truck demand is fair.
Boot and Shoe Market Maintains Strength Amid Mixed Shipments
The boot and shoe market shows strong demand with shipments dipping slightly this week before expected rebound. Buyers include both large houses and many smaller jobbers, while labor troubles in a few small districts threaten to widen the free shop system. Lynn and Haverhill factories stay busy producing fine goods and heavy goods with rail support, and rubber goods contracts remain solid as prices stay firm with hints of an advance.
MENTIONED IN THIS ARTICLE
Worcester County
Lynn
Haverhill
Leather and hides market steady with mixed demand
Export trade remains light amid a quiet foreign market. Rough leather shows firm light stock and steady brogan and buff grades, while rough splits and some calfskins struggle. Finished leathers hold selective demand with steady wax lines, and hides vary by region with green salted and Buenos Ayres notes mentioned.
MENTIONED IN THIS ARTICLE
West
Brighton
New England
Flint
Buenos Ayres
Montevideo
Rio Grande
Entre Rios
Chicago Markets Opening and Closing Quotes
The Chicago markets report lists yesterday's opening high and low prices and the closing quotation. It also notes the closing price for the same day last year for comparison.
Market Reports July 21 Flour and Oat Market Steady
July 21 market notes show flour and miller prices holding to old quotations. Oats and corn maintain steady demand with limited on hand sales and on call bids in Albany and local elevators. Carload details list various grains including No 2 white oats and steamer yellow corn with precise bid and ask ranges.
MENTIONED IN THIS ARTICLE
Albany
ST Ee
Minnesota
Bakers
Michigan
Grain and Feed Prices in New York and Canada Markets
Market notes list prices for rollers, patents, and patents for winter wheat in New York and Canada for export. Cornmeal and oatmeal values shown, with rye, oats, malt, and hops ranges. Embedded figures include freight terms fob, prices per barrel, per ton, and per bushel for various grades and origins.
Market Reports Foresees Firm Butter and Rising Cheese
Butter markets stay firm for fine Western creameries at 21c and extra Northern at 22c. New York butter steady, Chicago firm at 21c, cheese very firm with prices rising, New York cheddars at 10 10.4c, Vermont dull on cheese. Egg prices mixed, oats and beans weak, hay quiet, potatoes in short supply, tallow steady. Western creamery and cheese quotes dominate the scene with regional variations.
MENTIONED IN THIS ARTICLE
New York
Chicago
Vermont
Ohio
Liverpool
Choice Island
Nova Scotia
New Brunswick
Northern Choice
Northern Sage
Choice Canada
Choice
Michigan
Island
Canada
North
Timothy
Bush
West
East Swale
Long Islands
Bristol Ferry
Market Rumors Beef and Pork Prices Hold Steady
The pork and lard market shows firm demand with unchanged prices while fresh beef remains firm at prior levels and trade stays quiet. Veal lamb and mutton also hold steady with varied meat prices across cuts and preparations listed for pork, lard, beef, and fresh meats.
Fruit Market Prices and Arrivals Report
Apples arrive freely as sales lag in common lots. Norfolks sell at 1 1/26 per half barrel and 2 2 50 per barrel, Jerseys at 3 5 0 for choice sweet lots, Astrakans at 3 2 5 per barrel, Virginia cantaloupes and Georgia pears vary in price, watermelons plentiful with 70 000 receipts in six days. Extra lots 24 80, medium 18 20, small 12 16 4 100. Blackberries, raspberries, blueberries mix steady demand. California sale notes Bartlett pears 3 20 3 40 per box, Hale’s early peaches 2 7 8 5 per box, Duane purple plums 3 10 3 65 per box, Fountainbleau grapes 1 16 per box. Steamers Bergenseren and Aguan arrive. Dried apples firm with quoted rates. Oranges and lemons: Messina 5 7 per box, Palermo 5 50 7 00 per box, lemons 2 50 6 00 per box. California fruits: apricots 2 42 6 26 per case, pears 3 4, peaches 2 3, plums 2 2 50 per case.
MENTIONED IN THIS ARTICLE
Virginia
California
Bartlett
Hale
Duane
Bergenseren
Aguan
Messina
Palermo
Local Market Prices for Fresh Produce and Horticulture
A fragmented market listing shows bids and prices for various produce. Items include Quians Egyptian tomatoes Norfolks cabbages cantaloupes beans and Rhode Island plants with prices ranging from 50 cents per crate to several dollars per basket or hundred.
MENTIONED IN THIS ARTICLE
Maltas
Rhode Islands
Chicago
Market Prices for Farm Produce and Crops
Prices listed for various crops and produce including wax $2 per bush green $1 50 per bush peas 175 per bush green corn native 20 cents per dozen four dozen beets 50 cents per bush 250 100 Long Island 175 per box 3 100 squash native summer 250 100 Southern 1 25 per crate carrots 250 00 count lettuce 1 per box native cucumbers 244 each and 8260 per 100 citron melons 3 350 barrels parsnips 75 cents per dozen bunches.
Miscellaneous Cotton Markets and Prices in Liverpool and New York
Liverpool futures opened firm and closed quiet with several July to September bids around 5 40-64 to 5 41-64d. Spot Upland and Orleans steady near 10 1/2d. New York spot steady with middling at 10 1/2¢ and various classes priced. Futures quotations mixed with July to December bids and asks, market closed steady. Salk pipelines show activity with shipments and exports detailed. Sugar and molasses markets described with refining and centrifugal prices and cargo notations.
MENTIONED IN THIS ARTICLE
Liverpool
Orleans
New York
Manila
Orto Rico
Cienfuegos
Barbadoes
Cuba
Trade Centre Flour and Grain Market Figures
Reports from New York show mixed grain trading with flour receipts totaling 13 817 pkgs and exports in the thousands of barrels while wheat and corn futures move unevenly across major Midwest cities including Chicago Detroit Minneapolis and St Louis. Prices for No 2 red wheat hover around 73 to 78 cents with various futures listed and shipments reported.
Hogs and Cattle Markets Across Midwestern Cities
Market reports from St Louis Kansas City Peoria and Chicago show hogs lower with mixed packers at 5.10 to 5.60, cattle steady to stronger with shipping steers 5.20 to 6.20, and sheep and lamb prices varied. Receipts in Chicago reach 11 000 cattle and 190 000 hogs with movement slower in hogs and steadier in cattle.
MENTIONED IN THIS ARTICLE
ST. Louis
Kansas City
Peoria
Chicago
Texas
Cotton Markets July 21 Receipts and Stocks Across Ports
Augusta Net receipts 2, gross 2, sales 28. Galveston net receipts 2, stock 2143, mid 934 ¢. New Orleans net receipts 263, exports coastwise 1066, sales 1000, stock 54 887, firm mid 4 ¢. Mobile stock 818 nominal, mid 9 4 ¢. Memphis net receipts 19, shipments 80, sales 50, stock 7644, mid 10 gc. Savannah net receipts 1, stock 1112, quiet, mid 101 4 ¢. Charleston net receipts 1, stock 886, quiet, mid 10 4 ¢. Wilmington stock 753 nominal, mid 10 4 ¢. Norfolk stock 2846 steady, mid 10 4 ¢. Philadelphia net receipts 63, gross 65, stock 16718, quiet, mid 10 ¢. Baltimore stock 4752 nominal, mid 10 ¢. New York net receipts 52, gross 52, exports to Great Britain 3921, to the continent 804.
MENTIONED IN THIS ARTICLE
Augusta
Galveston
Dail
New Orleans
Mobile
Memphis
Savannah
Charleston
Wilmington
Norfolk
Philadelphia
C. Baltimore
New York
Great Britain
Continent
Also Mentioned on This Page
Cambridge
Cambridge Railroad Company
Massachusetts
West End Street Railway Company
Waneee Railroad
Cambridge Railroad
Metropolitan
South Boston
Boston Consolidated Street Railway
American Loan and ‘Trust Company
Congress Street
Mass
American Loan and Trust Company
Aspinwall
N Mining
Alae
Vxsse Sas
B&n
K& Wss
Do Inc. Oeewewee
C&w Mich &S
Yoo
P& Rend
Am Bell Tel
Eye
San Diego la See
Spidee West Enn
Fitchburg
Maine Ceneweder
Alboer, Phabuie AU
Pevonshire St
Boston, Mass
Nassau St
Saue Mercantile and Travellers
Messrs
Baring Brothers & Co
Devonshire Street
Treasury
Mason Intiding
Kilby St
Thomas Leavitt
Prest
He Pringe
Birmingham
Kansas & Western
Northern Pacific RR
Boston Stock Exchange
Ikers’ Board
Ulis
Rutland Gs
Tamarack
A.T& SF
A & PF
T&sf
K & Wine
Bell
Erio
GOD Gos
Mass. Iis Eee
Asec
Ny&x&ne
Pullman
Pac
Air L
Rl Can
Ches
Ohi
Alton
Cole
Hovde
Kia
Fort Wayne
Ft. W
Lele I
Tex
L.E
Lake Shore
Long Island
Man Beach
Sea Te Mith
Elev
GOYA
Ike Nash
Eree
Nid J. Cent
Wilson W. Fay & Co
Frenchman’s Bay Land
Lord Acoustic
Kensington
Mafg
Sc . Fee
Bowman
Reece Button Hole
NEW York Financial
RAILROAD_ MATTERS
Vicksburg & Meridian
Shepaug Railway
Chicago Markets
R. Waheat
GAT Stort
St. i
Canada Superior
Canada Western
Eastern
Salk
Northwest
United
Western Steam
Lake
Detroit
Toledo
Cincinnati
Milwaukee
Sp. Louis
Minneapolis