Money Market and bond market report from Boston
Boston money and bond markets show firmer tendencies with Clearing House loan rates at 5 percent and time loans around 4% to 5 percent. New York and international exchange rates, bond offerings, and the Atchison restructuring news dominate the day, along with earnings for the week and month and details on railroad and copper stocks.
Dividend Declarations From Regional Companies
Malden and Melrose Gas Light declares a quarterly 2 percent dividend while Mercantile Fire and Marine Insurance posts 4 percent. New York New Haven and Hartford road announces 242 percent on new stock with $18.6 million basis, totaling $465,000. Northern Pacific directors declare 1 percent on preferred stock payable January 15 to holders of record December 15.
MENTIONED IN THIS ARTICLE
Malden & Melrose Gas Light Company
Mercantile Fire & Marine Insurance Company
New York, New Haven & Hartford Road
Northern Pacific
Atchison bondholders urged to seek info on new securities
Trustees and others with Atchison bonds may inquire at Paine, Webber & Co., 52 Devonshire St., Boston, for details on the reorganization plan and current value of the new securities. Rights expire November 15. bonds may be deposited by sec. 15. The note estimates value at 80 for New Mortgage 4s and 48 for New Income 5s, advising purchase of Atchison bonds at present prices.
MENTIONED IN THIS ARTICLE
Atchison
St. Louis
Kansas City
Colorado
Gulf
Santa Fe
California Central
Ae Tee
California Southern
New York
Union Trust Company
Toneka
Anta Fe
Sonora
Pueblo & Arkansas Valley
Chicago, Kansas & Western
Land Grant
Plains
Kansas
Pullman
Palace
Chicago, Burlington & Quincy
Union Pacific
Wisconsin Central
Boston & Lowell
Boston & Maine
Eastern
Fitchburg
Newark & New England
Lamson
Putnam, Messervy & Co
Lamson Company
Lowell
Boston
England
Comany
Adams Express Company
American Express Company
Pullman Palace Car Company
West End Land
West End Street Railway Company
London
Paine, Webber & CO
Devonshire St
Ostox
Allongz
Eece Nvers
Arnold
Atlantic
Eer
Honanza Devel
Tbe
B. & Mont
Butte & Oston
Eeib
Cal
Dunkin
Franklin
Qi Ironton
Lly
Kearsarge
National
Osceola
Quincy Ridge
Santa F
Tamarack
Land Companies
Aspinwall
Boothbay
Bos
W. P
Moylston Street
Brookline
Campobello
Way
Newport
Lamoine
Payson
Penobscot
San Diego
West End
Winthrop
Wollaston
L. G
At. & Pac
Do Inc
Bly On Inc
Cc. & W. Mitch
Con. Vt
Elk H
K.C
C. B
N.Y. N
Nor. Pace
RP. B.o
Oregon S. L
St. Jo &G
S. F
Mats Ees
Atlantic & Pacific
Boston & Allianee Ee
Boston & Main
Boston & Vprov
Cseseee
Cal Southern
Central of Mass
Cleve
Canton
Htel
Stock offer for The Marden Car Brake Company in Boston
Limited stock sale presents a favorable investment opportunity. Par value ten dollars per share with unspecified price per share. Full particulars available on application to Chas. M. Davis & Co., Bankers and Brokers, 52 Broadway, New York.
MENTIONED IN THIS ARTICLE
Marden Car Brake Company
Boston
Mass
Chas. MH. Davis & CO
Bankers and Strokers
Broadway
New York
New York Money Market and Stock Movement Report
Money on call easy at 6 to 6, last loan 5, closing at 5. Prime mercantile paper 4 3 4%. Bar silver 9 54. Sterling exchange quiet with 60 day bills at 4.80% and demand at 4.84%. Government and railroad bonds dull and steady. Lead, Ontario & Western moved. Chicago Gas fell then recovered. Overall list rose after midday, closing strongly at best prices. Hocking Valley 5s led gains, rail bonds quiet with $1,221,000 in sales.
MENTIONED IN THIS ARTICLE
Boston
New York
Sub
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Commercial
Charleston
Savannah
Brewster
Cobb & Estabrook
Haverhill
Mass
W. J. Hayes & Co
Cleveland
City of
Atchison
Wall Street
New Yorks
Prime Mercantile
Sterling Exchange
Ontario & Western
Bears
New England
Richmond & West Pont
Hocking Valley
Hocking Valley 5S
Gulf, Colorado & Santa Fe
New York Stock Sales on November 12 Report Trading Totals
New York stock market activity Item shows total shares traded at 269 200 with a breakdown of shares sold and the opening highest lowest and closing prices for the day and the previous close. The report records specific price movements across listed issues and overall market behavior.
MENTIONED IN THIS ARTICLE
New York
Financial market summary from London and Paris
London at 12 30 p m Atlantic and Great Western firsts 35 Canadian Pacific 73 Erie 294 percent Erie seconds 107 percent New York Central 109 percent Mexican Central 69 percent Money 242 per cent Discount rates open market short bills 3 three months 4 Paris advices 3 per cent rentes 87 francs 37 centimes Consols 9615 16 money 973 16 for account Mexican ordinary 4314 St Paul common 70 percent Mexican Central news 6914 money 242 2 percent 4 per cent Spanish 4s 7444 Canadian Pacific 73 percent Erie 28 percent Erie seconds 10742 Illinois Central 120.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Erie
New York Central
Mexican Central News
Paris
St. Paul
Illinois Central
Automatic Signal Device Demonstrated at Parker House Exhibit
The International Marine Signal Company led by president Vernon A. Taylor showcased an automatic fog signaling device. The apparatus, attachable to steam whistles and foghorns, uses a Beaufort navy code to indicate compass direction and track changes, endorsed by ship inspectors and numerous maritime officials.
MENTIONED IN THIS ARTICLE
International Marine Signal Company
Vernon A. Taylor
Parker House
Commodore Beaumont
United States Navy
Edward 8. Tobey
Abraham Firth
Charles A. Currier
W. W. Abbott
City approves two long term loans for Water Board
Mayor Hart signed orders authorizing the city treasurer to borrow 1 045 000 and 150 000 for the Water Board. Loans run thirty years at not more than 4 percent and 3 percent respectively with bids to be advertised soon. A naval squadron reception committee met, arranging a public reception in Faneuil Hall and noting no banquet due to Admiral Walker’s objection.
MENTIONED IN THIS ARTICLE
Water Board
Hart
Faneuil Hall
Walker
Boston Symphony Matinee Highlights Debut Contralto
Today at Music Hall the Boston Symphony Orchestra presents an extra matinee. The standout feature is Mme Carl Alves making her first appearance in this city, joined by Molé the first fl ute performing a solo. The full program is listed in the advertisement.
MENTIONED IN THIS ARTICLE
Music Hall
Boston Symphony Orchestra
Mme
Carl, Alves
New York
Molé
Boston Board of Fire Underwriters Elects Officers
The annual meeting convened at 11 o'clock yesterday morning with President Porter presiding. New officers elected include President Charles K. Guild secretary and treasurer Osborne Howes Jr. and executive committee members George R. Rogers A M Bullard K K Patridge Hammond Vinton and Charles H. Wise.
MENTIONED IN THIS ARTICLE
Boston Board of Fire Underwriters
Porter
Charles K. Guild
Osborne Howes, Jr
George R. Rogers
A. M. Bullard
Kk. E. Patridge
Hammond Vinton
Charles H. Wise
Pressing Cabinets from Paine's Furniture Co.
Paine's Furniture Co. at 48 Canal street markets shaving and dressing cabinets in luxurious styles. Over ninety patterns offered from $10 upwards. Choose exact designs and have goods manufactured to order at half the usual cost.
MENTIONED IN THIS ARTICLE
Paine
Canal Street
Greatest Marine Paintings Exhibit Opens in Boston
The Maritime Exhibition in Mechanics Building features a celebrated collection of marine paintings. Wednesday offers 25 cent admission and today all visitors pay 25 cents.
MENTIONED IN THIS ARTICLE
New England
Boston
Mechanics’ Building
Market Notes Mixed Commodity Trends Reported
Lumber and coal hold steady while flour and corn show strength. Oats rise, rye flour lags, graham flour slows, and various fats, eggs, butter, cheese remain firm or improving. Livestock demand steady to good with pork in strong demand and hogs quiet. Produce and grains vary, with several items listed as dull or slow.
MENTIONED IN THIS ARTICLE
Almeria
Print cloth market steady with firm quotations
Fall River reports a quiet steady print cloth market with quotations unchanged at 3 1/2 cents per yard for 64s and futures. Lively inquiry persists despite little selling activity.
MENTIONED IN THIS ARTICLE
Fall River
Option Markets Curb December Wheat. Corn Firm on Meagre Supplies
Chicago traders report a quiet wheat scene with fluctuating moves and a Russian crop shortfall behind the tone. Dec wheat holds near 80 1/2 cents amid cautious bulls. corn rises on thin receipts while weather unsettled prospects limit gains. Provisions stay firm as hog runs at 70,000 cap offers steadying support.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boston
Dulness
Grain futures and prices in St Louis and New York markets
The report lists open high low and closing prices for Wheat Corn and Oats with futures quotes from Farnum Reardon & Co Boston. It also details grain futures in St Louis and closing wheat prices in Minneapolis with cash and futures bids and asks across several months and contracts.
MENTIONED IN THIS ARTICLE
Farnum, Reardon & Co
Boston
Ares TV
Sigsae
Ilieres
GAN Aes
Socies
St Louis
New York
Minneapolis
Demand for anthracite coal steady amid cold snap demand
The market shows steady demand for anthracite coal but a cold snap is needed to spur activity. Retail trade remains tepid, wholesale trade softened, and freight rates stay firm. Yearly tonnage fell 158,856 tons from last year to 827,533 for the week, while production still covers trade needs and stockpiling rises at tidewater points. Lehigh and Schuylkill exchanges raised prices 15 cents on lump steam boat and broken sizes, with concessions to offset prior iron market weakness. domestic sizes show no price increases as talks drift away for the year.
MENTIONED IN THIS ARTICLE
Lehigh & Schuylkill Exchange
Lumber Trade Steady in South. Large Orders Persist
James and Abbot notes show sustained business with solid demand for lumber, especially pine and cypress, amid firm prices. About 1,546,000 feet arrived since last week aboard five ships, mostly headed to yards. rates from Atlantic ports run 7 7 25, Gulf 9 9 25, steamer rate 8, and ship space remains tight causing delays for shippers and receivers in Savannah.
MENTIONED IN THIS ARTICLE
Atlantic
Gulf
South
Savannah
Lumber Market Holds Steady Amid Shipping Strikes
A prolonged freight disruption pushes traders to seek faster inland routes like barges while maintaining pricing for Southern lumber. Floorings from yards run 23.28 to 38.40 per 1000 feet with varied sizes, cypress shingles steady at 6 to 7.50, and spruce sales firm though prices unchanged. Mill stocks remain shut, likely keeping current levels until winter mills resume, as Western pine and other species show mixed demand and stable quotes across boards, shingles, laths, and select grades.
MENTIONED IN THIS ARTICLE
Southern
Steamship Company
Pennsylvania
Whitewood
Also Mentioned on This Page
New England Savings Bank
Bankers
Superior Street
State Street
Atchison, Topeka
Atchison, Topeka & Santa FE Railroad Company
Mnalon Thrust Company
Rector Street
Kidder, Peabody & CO
Nassau Street
Kidder, Peabody& Co
Devonshire Street
Baring
Othars & Company
Bishopsgate
KE. C
J. W. Relnmart
Milk Street
Wanitoba Rights
Charles Head & CO
Broad St
N.Y
Foote & French
Oregon Short Line
Congress Street
Miscellaneous Stock Exchange
Maine Central RR
Northern KR
N. H
Nat. Eagle Bank
Boston Stock Exchange
AISO
American Screw Co
Providence
R. F
Keece Tutton Hole Machine Co
Shaw Stocking Co
Fraction Firemen’s Fire Insurance Co
Merchandise Nat. Bank
Washington Nat. Bank
Warren Nat. Bank
Peabody
Framingham Union St. Ry. Co
Eastern RR
Worcester, Nashua & Rochester
Maddox Wire Belting Co
Penobscot Chemical Fibre Co
Lasell Trimmer Co
Macoupin County
Algonquin Club
Lynn & Boston Horse RR
Cinta Pei Sandusky & Cleve. RR
Burlington, Cedar Rapids & Northern RR
Mo. River
Consol
Top. & Southwestern RR
U. P. Guar
Pees United Gas Co
Eer Rock & Ft. Smith Ry. Co. Se
Little Rook & Ft. Smith Ry. Co
Little Rock & Ft. Smith Ry. Co
Firemen’s Ins. Co
Norwich & Worcester RK
Bowker Fertilizer Co
West Michigan Lumber Co
Ft. Payne Coal & Iron Co
Freeman’s Nat. Bank
Ft. Payne Coal & Liron Co
Fairbanks & Co
Nebraska Railway Co
UGS
Naumakeag St. KR. Co
Salem
Cleveland & Canton KR
Atchison & Nebraska RR
Brown
Charles H. Welch
Buston Stock Exchange
Col. Sp
Nevieve
Chic
Alton
B. & Ied
Sco Vccesse Sche
St. Eeee
Lowa
Flint & P.M. Com
Chi
METS
K. G
East Tenn
L. E
Maine Central
Eeewe
Sal
Ara Central
Hocking Val
Central
B& W
A. T
F. Col
Kan
Tex
Old Colony
Lake Shore
Summit
Lone Island
Atlantics Pacific Inc
Union Two
Scacia Ae
Lou. & Nash
SU Louis
N. A
Eley
Gite, Mil & St. Paul
Ccc
Neeces
Wetenee
N.M
Pacific
Kanine
Ohio
Bell Tel
Nash
Genesee
J. Cent
Erie Tel
Lamson S
Eastman Car Heater
de Bulg - Nor
Pielte
Ts i
Esst
Boston Land
Sainson Store Ser. Co
Sullivan Harbor Land
Cs Bly
Pullman Palace Cargo
Es Pees Re Benern
West & Seen
Gs Ef
Ener
Eseer
Eaee
Seeee
Cotton Oil Trust
Honanza
Lee
Bos. & Mont
Bay State Gas
Cal, & Rlec
Lurton
Boston & Liverpool Co
Ohio & Miss
Huron
Phonogra H Toy Mfg
Ont
West
Oregon
Fort Wayne
Oregon Trans
Quincey
Vo A
Rich. & al
Stwm &M. Anne
Sesaaee
Thomson Elec
Westinghouse Elec
Pullman Pal. Car
Winnisinmet Co
Southern Pac
St. P& D. Eee
Texas Pacific
U. Pacific
3. F. Col. Tr
Wi'son
W. Fay & Co
St. le V
U. B
Cassebe Geesses
St. ‘Paul
Brunswick
Dub
Liv
Pacific Mail
Union Electric
Bay Process Shoe Eneeteres Ee
AB W. Union
Pueblo
Ark. Val
C. & Lisess
Enee
Seenree
Allouez
N. W
Butte & Ros
P. Isis
N.W
Liv Cal
Hec
Nate ‘ Sen
T. & S. Seer
St. P
S. Fess
So. P. Ue
B&l
Tex. I L. G
Tr. Rec
ALT
Unio
N. C
N. P
U. Ac
Shore
Kan, & Tex
Mont
Ontario
B.H
Wrymouth
Thomson-H. Elec. Co
Deadwood Tl&e Se
Nevada
Thom
Union
Homestake
Yellow Jacket
Iliness Steel
Sale
NEW York Financial
Diane Cra
Ing
Ing. Enue
At. & Pacific
Central Pacific
Owen
NEW Marine Signal
City Hall
James & Abbot
Liberty Square
Boston Safe Deposit & Trust Co
Tra
Cash Capital and Guaranty
Kansas Investment Company
Cor. Water
H. E. Ball
Gro. C. Morrect
American Tontine
William Montgomery
Massachusetts
Leston
Bass
THE
Eastern Banking GQ
Francis A. Osborn
T. Merrihew
J.C. Davis & CO
School Street
John Jeffries & Sons
John
E. Welsh
General Markets
Minnesota
Wisconsin
Canada