Boston Money Market and Stock Report of Sept 23
Banking conditions improve with firmer rates and ample loanable funds. New York funds range par to 5 cents discount. stock market dull with no notable features. Pacific rail subsidies questioned. Pacific Mail agreement discussed by Huntington and officials. various railroad and tele graph stocks move modestly while industrials draw investor interest.
MENTIONED IN THIS ARTICLE
Boston
Corporation
Prime Mercantile
New York
Clearing House
Atchison
Atlantic and Pacific
City of Pekin
San Francisco
Pacific Coast
Louis
Chicago
Burlington and Quincy
Union Pacific
C. P. Huntington
Central Pacific Road
Johnston
Pacific Mail Steamship Company
Pacific
Central
Huntington
Secretary of the Interior
Summit
New England
Lowell
Providence
Old Colony
Fitchburg
Little Rock
Ft. Smith
Kansas City
Spritefield
Memphis
Oregon
Oregon Navigation
Eastern
Bell Telephone
Erie
Bell Telephone Company
Dee
REO
Eseenken Eeecces Cau
Dividends Declared by Multiple Massachusetts Banks
A dated financial brief notes dividends declared by several banks and companies in Massachusetts and nearby areas. Ontario Silver Mining declares its 111th dividend of 75 000 payable Sept 30, total to date 8 725 000. Suffolk National Bank Boston 24 percent. First National Bank Lynn 3 percent. Warren National Bank Peabody 3 percent. Millbury National Bank 34 percent. Rollstone National Bank Fitchburg 3 per share. Salem and Danvers Street Railway 2 percent. Merchants National Bank New Bedford semi annual 44 percent. National Bank of Commerce New Bedford 3 percent. Fairhaven National Bank 24 percent. Brockton National Bank 3 percent payable Oct 1.
MENTIONED IN THIS ARTICLE
Ontario Silver Mining Company
Suffolk National Bank
Boston
First National Bank of Lynn
Warren National Bank
Peabody
Millbury National Bank
Rollstone National Bank of Fitchburg
Salem and Danvers Street Railway Company
Merchants’ National Bank of New Bedford
National Bank of Commerce of
New Bedford
Fairhaven
Mass
National Bank
Brockton National Bank
Wall Street Markets Open Higher Then Fall Amid War of Rates
New York financial news notes an easy money market with calls at 1 2 percent and minor shifts in mercantile rates. Stocks wobble after railroad presidents meet, with New York Central leading initial gains before a rapid reversal, intraday volatility, and a weak close. Western Union faces rumors of a telegraph rate war while Reading and Pennsylvania railroads are linked to a possible Vanderbilts-backed control scenario. Lake Erie and Western forms a committee to steer rate restoration.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Wall Street
St. Paul
Union Pacific
Northwestern
Western Union
Baltimore and Ohio
Lawson, Douglas & Co
Jin
Reading and Pennsylvania Railroad
Pennsylvania Railroad Company
Reading
Vanderbilts
New York Central
West Shore
Philadelphia
Pennsylania Railroad
Lske Erie and Western
Trunk Line Executive Committee
Pierson
Trunk Line
Aefore
Nickel Plate
Cleveland, O
Heisley
New York, Chicago and St. Louis Railway Company
Lake Shore Railway Company
Vanderbilt
Central Trust Company
Nickel Plate Company
Ohio
Ilnois
Everett
Middlesex Horse Railroad
Everett Square
George F. Foster
Charles Greenwood
F. B. Wallis
R. M. Barnard
T. H. Pierce
Powers
Studley
Middlesex Railroad
Malden
Missouri Pacific
Kansas
Jay Gould
H. M. Hoxie
D. Ss. S. Smith
St. Louis
W. W. Fagan
A. D. Everst
Atchison
C. E. Faulkner
A. M. Claflin
Salina
Bryant
Lincoln
J. C. Woods
Stockton
Volney Ball
Colorado
Topeka, Salina and
Boston
Bee Line
Pennsylvania
Milwaukee, Lake Shore and Western Railroad
Hoosac Tunnel
Fitchburg
Hudson River
Fall River Line
Ottawa
North Shore Railroad
Canadian Pacific
Grand Trunk
St. Lawrence
Prescott
Review of the Boston Market For the Week Ending Sept 23
Market wrap of Boston week ending Sept 23 covers alcohol, ashes, beeswax, building materials, candles, coal, coffee, cordage, cotton, dyewoods, drugs and chemicals. Notes unsettled prices and demand for many items including alcohol, cement, wax, coal, and grocers’ commodities with numerous price ranges and firm or dull trends.
MENTIONED IN THIS ARTICLE
Boston
Portiana
Cambridge
Philadelphia
Rosendale
Rio
East India
West India
Java
Maracaibo
Laguayra
Jamaica
Manila
Uplands
Gulf
Domingo
Lima
Sapan
Gambier
Very strong at 32 36c refined camphor firmer
Market notes strong at 32 36c for camphor while prices on camphor firmer. druggists and varnish gums in good demand and firm. many items unchanged though lemon and peppermint show shifts. general dry goods and fisheries trade improving with wide ranges in oils and resins.
MENTIONED IN THIS ARTICLE
Chicago
Cassia
Canton
Sagua
Porto Rico
New Orleans
Surinam
SUMAC
Sicily
Fall boot and shoe trade shows strong demand and labor strain
The fall season ends with factories running full as orders remain heavy and shipments exceed last year. Spring samples are ready, salesmen travel soon, and wax boots and grain shoes stay in demand. Labor troubles in Brockton and Lynn cut profits, prompting talks of employer combinations. Weekly shipments total 76,240 cases outside New England, with Jan 1 to date at 1,979,620 cases versus 1,996,452 last year.
MENTIONED IN THIS ARTICLE
Brockton and Lynn
Brockton
New England
Foreign Exports and Shipments Listed by Port
Be ar River NB schooner Florence Christine reports 125 barrels meal and 125 barrels other goods. St John NB schooner Alice S lists 315 barrels pork 215 beef plus 6000 feet amber. Lunenburg NS schooner Clifford carries 50 barrels meal 50 bales oakum 15 cases lard. Halifax NS brig Albion ships 875 barrels four 500 catmeal 57 cases 15 barrels kerosene. Port George NS schooner Portland exports 5 barrels kerosene oil 10 barrels meal 1 case 1 can kerosene oil. St Thomas shows King L Staples goods including apples beets cabbages cauliflowers celery game pears potatoes grapes oysters smoked salmon codfish etc. Liverpool England steamer Pavonia cleared Sept 18 with butter beef loxes bacon lard cheese waste leather ink pork views scales machinery typewriters cranberries staves and other items totaling large quantities.
MENTIONED IN THIS ARTICLE
Fall River
New York
Michigan
Ohio
Indiana
St Louis
Ilinois
Minnesota
Liverpool
London
Antwerp
Australasian
Melbourne
Sydney
Adelaide
Brisbane
California
Baltimore
Boston
Philadelphia
Valencia
Sultana
Slec
Muscatel
Turkey
Ford
Virginia
Rodi
Messina
Palermo
Naples
Dananas
Aspinwall
Jamaica
Baracoa
Warren Powder Mills
Eureka
Boston Sporting
du Pont
Eagle
Montevideo
India
Calcutta
Gray
Western
Elaine
Bear River
ST Thomas
King L
Eng
Pavonia
Boston and Albany
Grand Junction Railroad
Providence Railroad
Bates Wool
Old Colony Railroad
New Keanu
Maine Batirosa
Lowell Railroad
Peabody, Salem
Sea
Sept 23 Market Live Stock Totals
On September 23 the market reported the total head of live stock sold or present. The figures cover cattle hogs and sheep with counts by category and overall market activity for the day.
Live Stock Prices and Trade Across States and Markets
Drove lists across Maine New Hampshire Vermont New York and Canada show cattle and sheep offerings with dozens of named dealers and quantities. The report covers horse demand, beef and store cattle, dairy cows, veal calves, store pigs, and western/ export trade prospects with weekly price movements and upcoming ship sailings.
MENTIONED IN THIS ARTICLE
Brighton
Sean Edlrwcer
N.B
Boston
Albany
North Road
New England
Maine
J G Littlefield
J H Fogg
Libby & Son
P W
Thompson
Breck & Wood
W A Farnham
W P Dwyer
J A Piper
R G Kimball
A A Pond
Combs & Farrar
J Engram
A Williamson
C H Kidder
M G Flanders
H V Whipple
Sargent & Turner
B S Hastings
Stocker Bros
Gilfillan & Blanchard
R L Fairbanks
F Charlton
FS Kimball
C W Bragg
H F Gilberts
G E Churchill
N K Campbell
D Allen
J Carroll
L W Tinker
W Ricker
M C Roundy
R Pollard
H Ingerson
T Aes
Hurlbur
E Smit
O C Robinson
Long
Westeyn
N Monroe
Hollis & Co
H Eames
Farrell & McFlynn
W Scollins
Canada
C H Potter
M R Nelson
S Hastings
S Howes
McCracker
Gardner
Liverpool
Lle
Wetherby
London
Gothenburg
Washington Street
J H Dardis
New York
Maine Castle
Aroostook County
Portland
Watertown
Glines & Weston
P W Thompson & Son
A C Foss
J Fawry
J W Thompson
Aroostock County
E Smith
G W Wears
S D Allen
W Fisher
Gilfilian & Blanchard
I B Sargent
Lambs
CH Kidder
H A Wilcox
RP Pollard
BMR Nelson
Thompson & Son
J F Lowry
F H Coolidge
New Hampshire
Dow & Moulton
Aldrich & Johnson
J O
G & Churchill
H Ff Gilbert
F S Kimball
F Cuarlton
BS Hastings
Sargent & ‘Turner
H V Pate
J Engrem
J A Piver
A Farnham
Hall & Seaver
Massachusetts
J S Henry
Scattering
L Morse
Berry
Sanborn
Hathaway & Jackson
Montpelier
CA Bruce
B Long
George Harris
HK F Adden
R P Pollard
J O Sanborn & Co
W Scotlans
EH Eames
Monroe
A N Monroe
Henry
W Scollans
J D Hosmer
J Meloy
F H Coolidge & Son
Foreign Markets Scan From London and Liverpool News
Market notes from London and Liverpool detail U S bond prices, wheat and corn futures, and steady bread stuffs. Securing demand from the continent boosts rates while Indian and UK imports show slight activity. cotton futures trade firm with multiple months listed and varied quotations.
MENTIONED IN THIS ARTICLE
Ocovwmercial
London
Beerbohm
Merchants’ Exchange
Mark Lane
Liverpool
Paris
United Kingdom
California
Uplands
Orleans
Mills and Dow railroad contract dispute settled for trial later
Court record from the eighth circuit on September 23 before Judge Carpenter shows Mills versus Dow regarding an assignment to construct the Boston and Mystic Valley railroad. The case was settled and removed from the jury, jurors excused to September 30 when trial by assignment will place cases on the docket.
MENTIONED IN THIS ARTICLE
Mills
Libel for damages in steamboat collision case
U S district court hears libel by Boston and Hingham Steamboat Co. against towboat Wesley A. Gove for damages from a collision with the Rose Standish on Aug 23 1854 as the steamboat left Rowe's wharf bound for Nantasket at 5 15 P M Hearings opened with Dabney Cunningham for libellant and Dodge for tow boat present.
MENTIONED IN THIS ARTICLE
Boston and Hingham Steamboat Co
Wesley A. Gove
Rose Standish
Rowe’s Wharf
Nantasket
Libellant
Ate Gove
Dabney
Cunningham
Dodge
Supreme Court Holds Bay Windows Must Be Removed
In a Sept 23 session before Judge Freer and Judge Allen the Supreme Judicial Court resumed the case Thacher executor vs Doolittle et al, and ruled the earlier order removing bay windows on Back Bay passageways stands. The court refused a rehearing or stay and ordered removal within 30 days, noting restrictions on stables and manufacturing use and a 16 foot Back Bay passageway must stay open to the sky.
MENTIONED IN THIS ARTICLE
Supreme Judicial Court
Freelb
Thacher
Doolittle
Ellen O. Cooke
Henry B. Williams
Commonwealth
Boylston
Newbury Streets
Supreme Court
General Court
Thee
Poe Euans- Hie
Justice Allen
Equity Court
Harbor and Land Commissioners
Henry Bigelow Williams
Kensington Street
Attorney General
George 8. Hale
Clany, Vendome
Aeans Bay
Liquor law violators fined in municipal court appeal
Annie Waters Martin McCormick and George F Noyes were fined 100 dollars and costs each for liquor law violations and appealed. Daniel W Robinson charged with uttering a forged 30 dollar check on Oakland National Bank Gardiner Me held 2000 dollars for superior court appearance. Edward S Springer charged with assault and battery on Michael Walsh with a club held 500 dollars for upper court appearance.
MENTIONED IN THIS ARTICLE
Annie Waters
Martin McCormick
George F. Noyes
Daniel W. Robinson
Oakland National Bank
Gardiner
Edward S. Springer
Michael Walsh
Maritime libel trial over Rose Standish collision
In United States district court on Wednesday the libel suit of Boster and a steamboat company against the steam tug Wesley A Gove proceeds. The plaintiffs seek $10,000 for damages from an August 28 incident at Rowe's wharf involving the Rose Standish. Mutual negligence is alleged.
MENTIONED IN THIS ARTICLE
Nelson
United States District Court
The
Boster
Steamboat Company
Wesley A. Gove
Rowe’s Wharf
Work on Worthington pumps ends with no evidence found
Boston officials hold a water committee hearing on the Worthington pump contract. Lawyer Godfrey Morse presents Tyler's statement, claiming improper procurement and lack of competitive bidding. Witnesses call for public records, appraisals, and cross examination, while the committee defers action and hints at future inquiries.
MENTIONED IN THIS ARTICLE
Worthington
Water Board
Common Council
Alderman Smith
Osborne
Fisher Hill
Smith
Godfrey Morse
Simmons
John G. Blake
Wm. P. Tyler
Mr. Morse
Tyler
Alderman Donovan
Rosnosky
Miller
Worthingtons
New York
William B. Smart
Havana
Donovan
Mr. Tyler
City of
Boston
Committee On Water
Simmon
C. G. Hildreth
Holly Manufacturing Company
W. A. Brown
Deane Steam Pump Company
L. C. Lamphear
Davidson Steam Pumping Company
The
Henry M. Wightman
Messrs. Worthington
Linfer
Leavitt
Henry C. Worthington
Charles C. Worthington
Hyde Park
Tod
New Bedford
Mass
Montreal
Wilmington
Del
H. C. Worthington
E. D. Leavitt
Daniel H. Johnson
Whitcomb
Little Rock and Fort Smith clash over river bridge tolls
News from Sept 19 reports the Little Rock and Fort Smith railroad bridge at Rock Street across the Arkansas River enjoying a busy period of charging tolls to rivals. Iron Mountain trains are diverted downstream due to repairs, while LR&FS seeks leverage over past rates including 6 dollars per freight car and per engine, plus high passenger charges. The Iron Mountain plans a new wagon and footway for six years post completion, potentially reshaping river crossing habits.
MENTIONED IN THIS ARTICLE
Little Rock
Ft. Smith
Arkansas River
Rock Street
Iron Mountain Railroad
Wood
Iron Mountain
Little Rock and
Ft. Smith Company
Lion Mountain
Jay Gould
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Hostol
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Curtis
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Baring Bros & Co
Beal, Hagins & Henderson
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White & Co
Whitney & Co
Iron Norway Iron and Stee!co
Brown Bros & Co
Stoddard, Lovering & Co
Jordan
Waldo Bros
Jones Bros
Johan Johanhiesen
William O Townsend
Fiske & Coleman
Prgs
Lovering & Co
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Lizzie
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Charles D West
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Wilmer Jefferson
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Adilia M Sumner
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Committee ON
Godfrey Morée
Ft.Smith
Tron Mountain
F. J. Freeman
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Concord Street
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Market Street
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Charles River Street
Colem
Azyj Viuti
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Burton Stock Car Co
Washington Mills
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Sedalia
Wisconsin Central
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Eloer, Beem Es
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Vergee
Ane
Basurday
Dooley Patent — Printing Co
Pueblo Smelting and Refining Co
Old Gotong Krrk Co
Exeter Machine Works
Fitchburg RR
Gt Falls
McKay Metallic
de Lawrence Gaslight Co
Portland, Saco & Portsmouth
de Hoosac Tunnel Dock and Elevator Co
Essex
R R &S
Rutland R Kist
Lake Champlain
National War Co
S. KB. Hnights & CO
Main St
Cambridgeport
Pynchon Street
Michael McWeeney
Suffolk
John Utley
Roxbury
Lowell Street
D. A. Simmons
Said Simmons
Polly Lewis
Owls
Grammar School
Keph Smith
Utley
Albert Howe
Ross
Gag
Horatio Harris & Ogi Auctioneers and Commission
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North American Insurance Co
State ST
Hilley Street
Albert Bowker
Spring Garden
INS
the Exchange Fire Ins. CO
Ace On Aan Traders
NEW England Mutual Life Ins.Co
Bens
F. Stevens, Pres
Jos. M. Grerzns
Office Square
Oscar E. Boglittle
Congress Street
Western Farms
John Jeffries & Sons
Devonshire
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Ames F. C. Hyde
Milk Street
Nash & Cushing, Note Brokers
Worcester, Naseua and Rochest Terk Railroad CO
T. W. Hammond
Suffolk National Bank of Boston
Summer St
Ingalls & Ha Tor
Tm Tuthge Prepés