Market Quiet Morning Turns To Slump On Rumors Of Wheat Moves
The morning stock market opened dull with signs of strength, but afternoon rumors that a major local operator carried heavy Union Pacific and Mexican Central bonds spurred a late drop to near day’s lows. Declines mainly hit the Mexican and Union Pacific, Lawson, Douglass & Co. and rumors persist that Woerishoffer and others plan large wheat exports to push prices down for movement into the country. Atchison Topeka and Santa Fe rose on the July statement, closing 69 bid after touching 79. Chicago Burlington and Quincy gained to 130 while rights stayed at 20 cents. The July and seven month Chicago Burlington and Quincy railroad business report, issued today, compares current results with last year.
MENTIONED IN THIS ARTICLE
Union Pacific
Mexican Central
Lawson, Douglass & Co
Woerishoffer
Chicago, Burlington and Quincy Railroad
St. Louis, Ft. Scott and Wichita Company
Anthony
No Man’s Land
Boston
Union Trust Company of
New York
Kansas City
Ft. Scott
Gulf Common
Springfield
Memphis
Atlantic and Pacific
Wisconsin Central Common
Fitchburg
North Adams Car Record Office
Troy and Greenfield
Folliows
Fitchburg Railroad
New England
Lowell
Old Colony
Albany
Wall Street News
Jackson
Rutland
Oregon
Denver
Bell Telephone
Boston Water Power Company
Nathan Matthews
Water Power Company
Calumet
Hecla
Tamarack
Quincy
Hancock Mining Herald
Franklin
Capt
Vivian
Chicago
George C. Eldredge & Co
Emery & Hodges
No. 28
State Street
Signal Service
Park
Stiec
Old England
Antipodes
America
N. J. Shepard
Phosphates
South Carolina
London financial wires note mixed US bonds and grain Maritime market trades
London reports US bonds quoted mixed with 4s at 126 to 46 due to market liquidity. Prices for Canadian Pacific and New York Central are listed, with overseas notes on Mexican and Reading stocks. In Liverpool, wheat and corn markets show steady to firm demand. cargoes moving west and weather warm after rain. detailed grain and flour stocks, plus long list of staple prices and provisions.
MENTIONED IN THIS ARTICLE
Baerbohm
Merchants’ Exchange
Liverpool
England
Continent
United Kingdom
California
London
New York Financial Report Shows Market Flux and Bonds Rise
New York financial notes from Sept 3 describe easy money on call at low rates, firm government bonds, and active railroad bonds. Stock market weakened after 2:15 PM then steadied, Union Pacific led declines before a late rally. Details include bond activity in East Tennessee Virginia and Georgia, Gulf Colorado and Santa Fe, Ft Worth and Denver, and several railroad and utility securities with notable price moves and a large transaction total of 192,313 shares.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Lackawanna
Union Pacifick
Dusl
Tirm
Carea
Union Pacific Pool
Western Union
East Tennessee
Virginia
Georgia
West Shore
Gulf, Colorado and Santa Fe
Ft. Worth
Denver
Santa Fe
Lin St. Paul Southern
Minnesota
Metropolitan
Central Pacific Gold
Texas Pacific
Terminal
Minnesota Union
Texas
New Orleans
Sabine
St. Louis
Kansas City
Northern
Omaha
Mutual Union
Toledo
Wabash
Xo-Gky
Ansactions
Market Report on Farm Produce Steady Amid Mixed Demand
General farm produce shows unchanged hay and grass seed, with quiet rye straw at 20 21 and fancy at 22. Potatoes steady but dull, light cattle weak, beef cuts slow, lambs heavy receipts and lower prices, fowl and poultry selling steadily, fruits in varied supply with high prices for peaches and pippins, nuts and starch prices listed, sugar and molasses firmer with range of refined grades.
MENTIONED IN THIS ARTICLE
St. Louis
Michigan
St Louis
New York
City
Minnesota
Milwaukee
Detroit
Toledo
Dall
Chicago
Dle
Rye
Bbis Family
Continent
South America
Union
Cincinnati
Maryland
Delaware
Jersey
Virginia
H. P
Wilmington
Rio
Java
Maracsibo
Laguira
Jamaica
St Domingo
Manila
Loilos
Ponce
Porto Rico
Cuba
Trinidad
Lloilo
Horse car nuisance and transfer plans in Boston era
In Boston, the horse car nuisance is admitted as severe, with overcrowding and pole hazards criticized. reform favors discarding poles and breeching to protect pedestrians and horses. A hearing on a Boston and Maine floating bridge aims to ease car transfers between East Boston and South Boston. opposition cites public interest. Rumors hint at a tripartite railroad alliance among Northern Pacific, Rock Island, Omaha, and St Paul, signaling ongoing rate and route realignments across major lines noted by Wall Street News.
MENTIONED IN THIS ARTICLE
Boston
South Boston
Board of Harbor and Land Commissioners
Boston and Maine Railroad Company
East
Cunard Company
East Boston
New York and New England Railroad
South
William E. Russell
Richard Olney
Boston and Maine Railroad
Northern Pacific
Union Pacific
Rock Island
Omaha
St. Paul
Manitoba
Chicago
Burlington and Quincy
Wisconsin Central
Court hears equity and law cases on Pacific National bank
Judge Corr presides over four equity bills and six suits at law against Pacific National bank stockholders seeking 100 percent assessments totaling 961300. Defences include already paid assessment and lack of new organization for further assessment, with Morrison vs Price prior ruling appealed to the Supreme Court. Attorneys Gould Moore Johnson for stockholders and Ranney Clark for Price present.
MENTIONED IN THIS ARTICLE
United States Circuit Court
Corr
John C. Delano
Linus M. Price
Pacific National Bank
Price
Morrison
Supreme Court
A.V. Gould
Maine
Joseph E. Moore
Benj. N. Johnson
A. A. Ranney
Central Court
Adams
John Gallagher
Long Island
Harry Dodge
Frank Rouke
Court Street
Benjamin Jenkins
Henry Bowman
House of Industry
Daniel Cobb
Reu
Ben L. Cooper
Wakefield
Charles Moriarty
John Murray
Avery Street
House of Correction
James Morrison
John Hayward
Hayward Place
South Boston
Bernard Kelly
Sheep Business in America Faces Uncertainty and Decline
The Sheep Breeder notes broad caution about sheep farming in the United States with many abandoning the business due to low prices, foreign competition, and transportation hurdles. It contrasts mutton economics with beef and pork, cites a flat mood, and urges careful husbandry and attention to health and markets.
Soils for Fruits Recommend Varied Soils and Mulches
The pear thrives in deep rich warm loam with clay subsoil. Currants, gooseberries and quince prefer moist clayey soils. plums need deep moist soil without stagnation. Apples do best in deep rich moist loam with sandy subsoil. Cherries prefer rich warm sandy loam. mulch aids growth. Peaches fare best on light highland soil with southern exposure. Raspberries and blackberries tolerate light sandy loam and benefit from July mulch. Grapes like high, light, rich stony soil and best fruits in dry areas. Mulches help many crops in dry periods. remove hay mulch in September to aid root hardening.
Large Lynn factory fire insurance totals revealed
Loss from the West Lynn blaze Thursday morning is estimated at about 110000. Insurance coverage is itemized with Beebe & Sons and multiple companies, totaling 104700 on brick building stock and machinery and 10800 on labor and materials. Names include Messrs Beebe, Nor wick Union, Home, Guardian, Hartford, and London firms.
MENTIONED IN THIS ARTICLE
Lynn
West Lynn
E. Baker
Mesars
Beebe
Lucius Beebe & Sons
Home
Liverpool
London
Globe
Norwich Union
Lion
American
Mechanics
Connecticut
Meriden
Northwestern National
Equitable
National
Guardian
New Jersey
Fireman’s
Firemen’s
Boston
Orient
Queen
United States
Fire Insurance Association
Scottish Union
Citizens
Boylston
Neptune
Star
Newark
Messrs. Beebe & Sons’ Insurance
Joseph Breed
2D,& Sons
Ezra Baker
Rochester
Creditors' Offers and Failures Across U.S. Firms
The report lists multiple creditors deals and business failures: George W. Burgham Boston offers 25 cents on the dollar. Glen Woollen Hampden offers 39 cents. Peter Conlon Pawtucket re ported settling via assignment. N. A. Baldwin Milford attached. Rondout, J.D. Wynn Ithaca Seaside Furniture Asbury Park failed and assigned. Sinclair & Drawdy Jacksonville failed. Ss. Romero & Co. and Vegas New Mexico failed with liabilities around 200. Coglon & Scott Sacramento failed. Suffolk County real estate attachments. lawsuits: Alexander H. Gillis vs Frank P. Brown 300 and D. F. Crane vs Jessie Craik alias Cameron 200.
MENTIONED IN THIS ARTICLE
George W. Burgham
Boston
The
Glen Woollen Company
Hampden
Peter Conlon
Pawtucket
R.J
N. A. Baldwin
Milford
Seaside Furniture Company
Asbury Park
N. J
Sinclair & Drawdy
Jacksonville
Fla
Ss. Romero & Co
Vegas
N. M
Coglon & Scott
Boots and Shoes
Sacramento
Cal
Suffolk County
Heal Estate
Lexander H. Gillis
Frank P. Brown
D. F. Crane
Jessie Craik
Cameron
Mackay Circulates Bid for New York Herald
Reports claim John W. Mackay is negotiating with James Gordon Bennett to purchase the New York Herald with John Russell Young as editor in chief. Mackay and Bennett are tied to the Bennett Mackay cable project sunk at about 8 million dollars, with Mackay holding a mortgage on the Herald. His wealth reportedly totals around 21 million in securities and diverse holdings including bank interests and state bonds.
MENTIONED IN THIS ARTICLE
New York
the Tribune
John W. Mackay
James Gordon Bennett
New York Herald
John Russell Young
Mackay
Mr. Bennett
Bennett-Mackay
Bennett
Herald
United States
Bank of Nevada
Dawn of Liberty Lexington painting by Henry Sandham explored
A lengthy appraisal of Henry Sandham's two year labor on a large canvas The Dawn of Liberty depicting the Lexington battle notes careful study and a dawn setting. The critic praises the composition mood atmosphere and restrained dignity highlighting figures a wounded man a firing squad and patriotic yeomen. The work is described as ambitious and thoroughly executed.
MENTIONED IN THIS ARTICLE
Henry Sandham
Lexington
Art Club
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el We
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