Money Market Rises Slightly Despite Broad Weakness
Boston money market shows two opposing forces tugging rates. banks with surplus push higher rates while others prefer 5 percent for stability. Clearing House loans sit near 6 percent and New York funds discount, with a Boston bank statement reflecting shifts from gold exports, lower loans, and rising deposits. The stock market trend remains downward amid heavy gold shipments and cautious sentiment about future earnings and crops.
MENTIONED IN THIS ARTICLE
Boston
New York
West
Boston Bank
Inc
Lhan
Sub-Treasury
Washington
Treasury
Wallstreet
Sub- Treasury
Wall Street
London Bears
Boston & Maine reports quarterly gains and consolidation effects
The Boston & Maine Railroad reports a quarterly gain of $68,699 in net earnings on $3.18 million gross despite higher interest and taxes. Consolidation with the Eastern division shifts rentals to interest and taxes, improving the system's status. balance sheet shows assets of $55.0 million and a surplus of $1.45 million. Electric stock notes follow, with discussion on Maine principals and promoter-driven schemes affecting market sentiment and investor caution.
MENTIONED IN THIS ARTICLE
Massachusstts Railroad
Boston & Maine
Inc
Other Inc
Whamson-Houston
Westinghouse
Maine
Westinghouse Company
Thomson-Houston
Stock Exchanges
Saugus
Erie Co
Summit Branch
Lykens Valley
GrosBeeee
Dea
Ous
Sons
John B. Stetson & CO
Philadelphia
Fuill
John B. Stetson
Fourth
Cadwalader Streets
Montgomery Avenue
Messrs. Barrow, Wade, Guthrie & Co
Reading Oregon Atchison Sales Highlight Narrow Totals
The report notes material losses and Reading incomes, Oregon improvement, and Atchison as the most prominent figures. Total sales amounted to only $683,000.
MENTIONED IN THIS ARTICLE
Oregon Improvement
Atchison
Boston and Montana Mini ne Co Quar Shares
Boston and Montana piece goods firms list quarterly share prices and June 1 dates for several manufacturers. Entries include Consolidated Adjustable Shoe Co Quar 2 pc and J Distilling and Cattle Ferdi ng Co monthly 12 pc with June dates, plus Wamsutta Mills semi annual 3 dollars per share.
MENTIONED IN THIS ARTICLE
Boston & Montana Minine Co
Consolidated Adjustable Shoe Co
Une
Calummet & HecLra
J Distilling & Cattle Ferding Co
Londonderry LitHia Sprisa Water Co
Lancaster Mills
Shaw Stocking Co
New York Financial Market Telegram May 18
Money on call easy at 2 to 5 percent, last loan 4, close offered 2. Prime mercantile paper 6 7. Bar silver 97 . Sterling bills 4.83 for 60 days, 4.88 for demand. Government bonds dull, railroad bonds dull. Stocks opened higher, then weak. 2:15 tone improved little and finished near day’s lows. St Paul active. Missouri Pacific weakness noted amid rumors of harmony between Messrs ould and Cammack.
MENTIONED IN THIS ARTICLE
NEW York Central
Hudson River
Inc
Aidecinimethes Chinaigenone Ces
Ing
Akan
Lee
Atchison
Saae
Aeaa
Ah Jonleaes C
BOM
Ches
Ohio
Hawké
East Lenn
GI Osree
Jean Nees Wees
Erie
Green Bay
Kana
Tex
Lake
Long Island
Louis. & Nash
Louis
N. A
Man
Lev
Golick
Cacacs
Osee
Fig Nee Co & Sb
Nor. Pac
N.Y
He & Hees
Northsweatern
St.l
N. Am
N. Y
Obio & Miss
West
Pete Cree Aie R
W.& Og
St. Pau
St. P
Texas Pacific
U. P
Det Gull
Wis. Cote, Loo
Adams
Aim
Brunswick
Chi
Hud
Dai Ia
Fargo
B.sesses
Ccee
Nat'l Cord. Cos
GOP
Oregon
N. W
Ss. L
U.N
Imp
Kk Ik. G. & W.lst
G. M
Stl & LM
Kt. W
Lsts
L & S&f Kan
G.m
St P
Tak
Nj.c.in
Us Pac
C. & Ohio
W. Shore
PAC
FsbWaee Leben
Epee Mining Companies
New York
Prime Mercantile
Sterling Exchange
St. Paul
Grangers
New England
Villards
Chicago Gay
Bowment
Lissourc Pacific
Messrsould
Cammack
Closing May 18 and 2a race results noted
Fragmented report lists closing dates and multiple racing results with times and venues. Mentions Crown Point Hale Norcross Sierra Nevada Union and Yellow Jacket with associated figures. details are obscured by garbled OCR.
MENTIONED IN THIS ARTICLE
Altk Sc Ciwa
Eae
BOG
Cvee
Sears Pee
Chollar
Cala
Crown Point
Hale & Norcross
Sierra Nevada Union
Manhattan Trust Company Notice in New York
The Manhattan Trust Company located at Corner Wall and Nassau Streets in New York issues a brief notice regarding its offices and operations. The statement references its address and corporate identity without additional details.
MENTIONED IN THIS ARTICLE
Manhattan Trust Company
New York
the Manhattan Trust Company
Corner Wall and Nassau Srs
Through the excellence of the goods manufactured the business grows
The article notes steady growth in a business driven by product excellence and increasing yearly profits as output and sales rise.
Circular Copies Sent to Pittsburgh and New York Shareholders
The company will distribute copies of the circular to stockholders at the Pittsburgh office the corporate locations and the New York office at 120 Broadway ensuring all holders receive the document.
MENTIONED IN THIS ARTICLE
Mercantile Trust Company
Broadway
New York
Office
Ler
Pittsburgh
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Wall SE
United States Transfer and Exchange Association
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State OF
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Accountants’ Certificate
New York City
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Fred H. Seavey
Essenger
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Walter N, Buffum
Middlesex
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Grorge MM, Brooks
Gait County
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Russell D, Elliote
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George A. I. Codwils
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U. S. Circuit Court
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Mass. Real Estate CO
Washington Street
Abigail E. Taylor
Henry M. Taylor
Morella W. Pratt
Sumner Albee
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Otic FE
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Martha Y. Ball
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Tate
Oston
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Central Ave
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