THE BIG ALLIANCE AND ITS STREET REACTIONS
Reading Maine deal dominates street talk with brokers split over New England's fate. Some foresee a receiver to cut fixed charges, others expect dividends or liquidation. Reading and Maine gains loom as Boston & Maine links grow, while New England faces uncertainty and potential stock depreciation amid looming corporate moves.
MENTIONED IN THIS ARTICLE
Reading-Maine
New York
New England
New Alliance
Reading
McLeod
Boston & Maine
Atchison
Parsons
Maine
Tmbines
Tidewater
Philadelphia
Lehigh Valley
Jersey Central
Market news and railroad reports from the era
Markets and coal movements dominate the session with Lackawanna storing coal in Buffalo and Reading Lehigh Valley and Jersey Central cited as car shortages shaping prices. Mentioned are Massachusetts Central and Westinghouse stock activity tied to the Reading deal, with details on Atchison Santa Fe and St Louis San Francisco earnings and freight tonnage. Copper prices fade amid mine-policy secrecy and weaker money markets while the London exchange shows weak sterling.
MENTIONED IN THIS ARTICLE
New York City
Lackawanna
Buffalo
Reading
Lehigh Valley
Jersey Central
New England
Ralph P. Ahl
Massachusetts Central
Common
Preferred
Westinghouse
General Electric
Atchison
Chicago
Arlington & Quincy
New York
Atchison, Topeka & Santa Fe Railway Company
Atchison System
Atchison F Railroad System
St. Louis
San Francisco
Colorado Midland
Sterling Exchange
Cable Exchange
London financial wrap reports yields and bullion shifts
At London trading on October 27, bullion in the Bank of England fell by 250000 pounds in the past week while the reserve to liability ratio rose to 41.35 percent from 40.68. Market quotes show Consols at 963 for money and account, Canadian Pacific at 88 percent, Mexican ordinary at 22 percent, St. Paul common at 254, and Paris three per cent routes at 99 francs 25 centimes for the account. Bar silver stands at 391-16d.
MENTIONED IN THIS ARTICLE
London
Consol
New York
Pennsylvania
Ohio
Canadian Pacific
Erie
St. Paul
Reading
Bank of England
Paris
Official Oct 27 report of day’s high low and closing bond prices
An official report lists bid and asked figures for various bonds and securities, including A T U & Fe, U G Gas, C B N, C B Q con 5s, and others, with daily highs and lows. It covers railroad, mining, telephones, and miscellaneous listings, noting closing prices and sales for the day.
MENTIONED IN THIS ARTICLE
Eh C
Esas
Ore
S. le & Wee
Wis. Cent, Inc
Atchison
Albany
Te Cent
Mass
Ewes de Pref
C. de R
S. Yue
Loca O.ce Coves
Con
M. Rts
Wean
Fitchburg Pref
Sigiala
Saas
See
N.Y
Bvece
Boston & Mont
Saag
Calumet & Hecla
American Bell
Edison Elec
Cape Sens
Elec
Pullman
Am. Sugar
Detroit
Currents of Commerce on Wheat and Flour Prices
The breadstuff market shows weak overall with large wheat receipts and falling prices in consequence. Flour remains firm. millers resist lower offers while export demand stays strong. Spring wheat patent flour selling around 4.60 per barrel, winter wheat patents 4.30 to 4.80, clears 3.90 to 4.25, jobbers about 25 cents higher. Corn and oats markets steady amid high receipts. spot corn 53.5 to 54.5 cents per bushel. oats on track 41.0 to 42.0 cents.
MENTIONED IN THIS ARTICLE
Minnesota
Accey
Oats and mill feeds steady amid mixed price signals
Market notes show oats 40 percent moisture and No 8 white at 89 40c per bush with dipping oats for shipment last offered at 41 414 percent. Mill-feeds steady. sack spring $15 75 to 16 00 per ton, winter $16 50 to 16 75. Canada bran $17 per ton, middlings $16 50 to 22 00, cornmeal $2 30 per ver, oats steady at $5 35 to 5 45. Salt mackerel demand steady. fresh fish demand steady. lumber, shingles, and hardwood markets show mixed firmness and steady to rising tones.
MENTIONED IN THIS ARTICLE
Canada
Nova Scotia
North Carolina
Lsteacy
Foreign Shipping News From Various Ports
Listings of vessels at sea and in port with origins destinations and dates. Ships include the J Sayre from Newcastle to Manila via Oct 24, Primrose from Fernandina to Montevideo, Santuit to Boston from Port Antonio, Justin to New York via Para, Payson Tucker and Anita Berwind discharging at Matanzas, Orizaba from New York via Progreso, Nor man Travers at Point Petre Wilmington NC, Nellie Smith at Montevideo, Trave from Bremen to New York via Southampton, May en route Progreso to Boston, Bertha H and Donacona among Havana port calls, Tillid heading to Jamaica, Mineola sailing Wilmington to Pensacola.
MENTIONED IN THIS ARTICLE
Manila
J . Sayre
Newcastle
Nsw
Montevideo
Primrose
Fernandina
Port Antonio
Santuit
Boston
Pernambuco
Justin
New York
Para
Bete Eee Ao
Matanzas
Port
Payson Tucker
Oakes
Anita Berwind
Biddle
Disg
Sehs
Scotia
Shearer
Sarah A. Fudder
Brown
Dto
CRUAZ
Orizaba
Progreso
Mobile
Havana
Schs Bertha H
Canning
Donacona
Lyons
Also Mentioned on This Page
William B.rand
Devonshire St
Leavenworth City and
Fort Leavenworth Water
Leavenorth, Kan
New York Security and Trust Company
Equate Origage Company
F. W. Prescott
Bankers and Brokers
Ames Building
Telephone
William
Spitzer &Co
NEW York Stock Sales
U.S
N. P
D. C
L. Gs
Cen. P
C. Imp
D.&k.g
Ods
Rg. G. m
V. Il Movile & O
NiYs
St. L. Gs
N. J.C. Gen
Moagert R.G.W
St. Paul Con
St. P., Ch
Pac
P. C
Tex. P. Sa
West Sh
Col
Ontario
Hocking Coal
Inging
Ches. & Ohio
del & Lack
Illinois
Iowa Central
Louis. & Nash
Lake E. & W
Lake Shore
Serene
N. Y
Central
Northwestern
N.J. Central
No. Am. Co
West
Ohio & Miss
Peo
Rock Island
Rich. & W. Eee
Southern Pac
Texas Pacific
Union Pacific
W. W.& LE Eee
W. Pac. Pref
Am. Cat
Chi
Pacific Mail
Eee Lge
Tenn. Cc. Ei
W. Union Wre
F. W. Prescott & Co
Ames
Fort Wayne Electric Co
Westinghouse Electric Co
European Welding Co
Detroit Electrice
Boston Stock Exchange
Currents OF Commerce
Shipping News
Port OF
Halifax
Hill
Richardson & Barnard
Yarmouth
McGray
Hall & Co
Cumberland
Thompson
St John
Eastport
Portland
A E Waldron
Spartan
Crowell
E B Sampson
Orion
Lewis
Philadephia
Whitney
Bearse
Lewiston
Ingraham
Bangor
Snowman
Portand
City of Gloucester
Proctor
Gloucester
Sallie
Kennedy
Hoboken
Leander
Beebe
Julian Decker
Spear
Rockland
Sehs Independent
Baltimore
Salem
Samuel H. Walker
Washington, DC
H S. Boynton
Perry
Rockport
Banes
Nor
Kleding
Gibara
Cuba
Bys Seaverns & Co
Stanwood
J G Hail & Co
Sehs Geraldine
Goodwin
Barclay, Clements & Co
Ethel Emerson
Tower
Shulee
Boston Shipping Co
J W Durant
Durant
Calvin Austin
Porthand
Showman
Charles J. Williams
Cora Dunn
Harrington
Galveston
J P Ellicott & Co
Susan N. Pic Kkering
Haskell
Sargentville
R & F Hargraves
Allen
J W Linnell
Grace Webster
Barker
Clarks Island
Fitz Bros & Co
Albert T Stearns
Kelley
Kennebec
R Crowell
Tiehard
Argyle
Utility
Hillsboro
Bertha Maud
William Hall
Utal
Eunice
Freeport
Branksea
Burgeo
Georgie Harold
Port la Tour
Susan E. Nash
Mary Freeland
Carrie C Crosby
Geraldine
Lancastrian
Susan N Pickering
Jam
Chatham
Schs
Independent
Samuel H Walker
Washington
Nobska
Levi Hart
Hart
Addie M Anderson
Newport News
Portsmouth
Calabria
Windsor
Amazonense
Liverpool
Penarth
Mohawk
Euclid
Santos
Saratoza
Cardenas
Caibarien
Delaware
Mabel Hooper
Brunswick
M B Millen
Manzanilla
Teutonic
Albert Pharo
Matthew Vassar, Jr
Nightingale
Henry P Mason
Win T Donnell
Hattie M Howes
Stony Brook
New Bedford
Gypsum Emperor
Pocasset
Hurricane
Maggie Hurley
Carrie L Aix
Richart
Svannah
Pembridge
Shields
Lied
Leith
Fort Monroe
Paula
Norfolk
Oakland
Lee Rita
Marie
Ayre
Northern Creamery
New York and
Vermont
Choice Northern
Michigan
Aroostook
Houston Hebrons
Choice City
Ayer
Myers Ne J
Roxbury Co-operative Bank
Tremont
TEE Atlantic Works
Border St
Merchants & Miners Tiansportation Co
Tenn
Go Air Line
Altiantie Coast
Seaboard Air Line
Kanawah
R. R
Cumberland Gap
AM. Granslam
Central Wharf
Washington Street
3. C
Clyde Steamship CO
Great Southern
Charleston
Florida
South Carolina
South
East River
Algonquin
J. A. Flanders
Theo
G. Eger
Bowling Green
New Yorks
White Star Line
U. S
Royal Mail
Queenstown
Atlantic
Europe
E. A. Adams & CO
State St
Corner Broad St
Red Star
United States
Antwerp
A. Adams & CO
Cor
Broad St
Beaver Line
Lake Superior
Lake Winnipeg
Lake Ontario
Ims & Co
State Cor
Broad Street
EB. A. Ada Street
Azores
Sarah
L. R. Hale
Gail
Ge. A. Adams & CO
State Street
Johnston Line
Oranmore
British Empire
Hansa-Johnston Line
Hamburg
Thuring
Steinhoft
Raumwail Pieckhuben
Gee
Raumwail
WM. Johnston & Co
Lta
Chamber of Commercce
Corper of India
Central Whar
North German Lloyd S. 8
Southampton
Bremen
Saale
Spree
Lahn
Aller
Mediterranean Line
Genoa
Werra
Kaiser W.ii
Kaiser W
Fulda
Palermo
Naples
Ems
Alexandria
Theo. Goething
Doane Street
Cunard Line
Pavonitaga
Sos
Catalonia
Cephalonia
Pavonta
Scythia
Samaria
Ontice
Alexander Martin
Aday
Ent
Leyland Line
Lim Si
Columbian
Viginian
Philadelphiaa
Law Culn & CO
Allan Line
Glasgow
WW. & A. Allan
Warren Line
Kansas
Palestine
Ottoman Warren & CO
Ager
Looe Max Street
Londonderry
Great Britain
Pratts
Henderson Brothers
Gilas Sey
Kroad
Boseu
Long Wharf
Savannah
Wilmington
Anc West
F P. Wls
E. B. Sampson
Gen. Mar
Fiske Bidg
Internatonal Steamship CO
Portland, Eastport
Calais
St. Jonn
Pawlin
International 8. 8. Co
Boston , Maine Railroad
Poland
Cras
F. Coxy
Washington St
A. Waldron
L Agt
New England Andavannah Steamship Co
Navansaity
Macon
Lewis Wharf
Issoston
W. Ws
New York & Nw England Railroad
Metropolitan Steamship Coming and Sound Lines
Ocean Stlinahip Company
Centra Railroad of Georgia
Florida & Westa Railway
Georgi
South Caplina
Alabama
Louisana
A. P. Lane
Ew. Sampson
Centra Ry
Ween Eis St
Washington At
al Hardson
Barnar Agls
Utia Ava
Anada Atlantic Steamship
Savannah Pier
Halifa Direct
Cape Breton
Prince Edna Island
Newfoundland
A. Dew. Sampson
L. H. Palmer
Old State House
India Wharf
C.f.wel
AMS
Er ‘Iron Steamship
Grand Junction
Custom House
Warren & CC
Ford
A.T Thompson & CO
Tremont Row
Beacon Street
Ringot
Eli
Pavis
Sewing Machine Emporium
Hayward Place
Wilcox & Gibbs
Tremont Row Instalment CO
N. B
Goddard's Credit CO
Mason & Hamlti Organ and Piano CO
Tremont St
Bautipul “Miller
Chickering
Vose
Emerson, Hallet
Davis
Blake’s
Lark Powers
Renairer
Court
Howard St
Harry Benson
Music Hall
White Holman & CO
Hanover St
Chas. J. Pogue
Gen’l
Chattanooga
Zirl
Newbury St
Jstf
Atwood
North At
de BE. Power Medal CO
Cornhill
Blue Hill
Evelyn and
Morton Sts
Mary A
Sumner
Tileston St
Mattapan
Young Mens Christian Institute
Chardon St
Bowdoin Square
Dorchester Ave
Chester
Albion Street
Boston Misat Clothing Company
Siayward
Freeman
O. Freeman
Lawrence
Court St
Ashton Value CO
WM. Howell Reed
THE
National Cordage Co
Pront
Charles Davis
Pullman's Palace CA CO
Ill
Icopan
A. S. Welns