Money Market and Stock Report From Boston and New York
The Boston money market eased with some Clearing House loans at 2 percent. Time loans 6 percent, call loans 3 to 4 percent. New York funds quoted at 10.124 cents discount on $1000. Bond activity showed steady government issues and sugar certificates under pressure amid bear raids. Atchison earnings listed, and Gulf Colorado Santa Fe and Copper districts reported mixed results.
MENTIONED IN THIS ARTICLE
Boston
New York
Messrs. Kidder, Peabody & Co
Blake Bros. & Co
E. Rollins Morse & Bro
Brewster, Cobb & Estabrook
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Reichsmarks
Wall Street
Atchison
Gulf, Colorado & Santa Fe
National City Bank of New York
Treasury
Cammack
Evans
Claus Spreckels
Northern Pacific stockholders urged to approve consolidated mortgage
The Northern Pacific Company invites holders of preferred and common stock to vote at a October 17 meeting on a proposed consolidated mortgage not exceeding 160 million dollars, to retire existing bonds, fund branch lines, terminals, rolling stock, and improvements, with bonds issued at 5 percent and nine of thirteen directors required to approve each issue.
MENTIONED IN THIS ARTICLE
Ccc
Henry Villard
Thomas F. Oakes
Charles F. Colby
Colgate Houyt
George Austin Morrison
Charles H. Leland
J. H. Hwaggin
David HH. Houghtaling
New York
Northern Pacific Railroad Company
Auction Stocks To Be Sold By William H Parmenter
The Winner Investment by order of Executors Administrators and Trustees will auction on Wednesday Sept 25 a large list of securities. Net includes Minnesota Threshing Co. stock, Naumkeag Street Railway Co. Salem, Boston Water Power Co. 5s, New England Mortgage Security Co. bonds, various Railroads and Banks. Losses include Big Sandy 6s and Toledo Peoria firsts with prices noted.
MENTIONED IN THIS ARTICLE
Minnesota Threshing Co
Naumkeag Steam Cotton Co
Washington National Bank
Neptune Fire Insurance Co
Firemen’s Fire Ins. Co
Eliot Fire Ins. Co
Nill Manufacturing Co
North National Bank
Second National Bank
Merchandise National Bank
State National Bank
Lowell Manufacturing Co
Naumkeag Street Railway Co
Salem
East Middlesex RR
Boston & Colorado Smelting Co
Farmers’ Loan & Trust Co. of Kansas
Eastern Electric Cable Co
Boston Wharf Co
Wakefield Rattane
Traders’ National Bank
City of Boston
M. L
Jacksonville, Tampa
Key West Railway Co
Cea & Ft. Smith Ry. Co
New England Mortgage Security Co
En Mortgage Security Co
Boston Water Power Co
Iowa Central Railway Co
Busell Trimer Co
Fastman Ft. Car Co
N. Y
New Haven & Hartford RR
Market National Bank
Fitchburg KR
Farmers’ L. & T. Co
Kansas
Macoupin Co
Ill
Gloucester St. Ky. Co
Arkansas
Alton & Terre Haute
Big Sandy
Toledo
Peoria
Dividends Declared by Regional Banks and Mills
The Neptune Fire and Marine Insurance Company declares a 3 percent dividend on Oct 1. Gloucester National City National and Cape Ann National Banks announce 4 percent semi annual dividends. Abington National Bank declares 34 percent Oct 1. Rollstone National Bank pays 3 dollars per share. Protte and Franconia Noteh railroad issues 6 percent. Weed Sewing Machine Company declares 3 percent semi annual. Worcester Safe Deposit and Trust Company issues 2 percent quarterly. Wampanoag Mills and Stafford Mills declare 4 percent and 2 percent dividends respectively.
MENTIONED IN THIS ARTICLE
Neptune Fire & Marine Insurance Company
Gloucester National
City National
Cape Ann National
Abington National Bank
Rollstone National Bank
Protte & Franconia
N. H.) Noteh Railroad
Weed Sewing Machine Company
Worcester Safe Deposit &Trust Company
Wampanoag Mills
Stafford Mills
Circular on Guaranteed Interest and Stock Bonus Details
The circular describes guaranteed interest and a 507 percent stock bonus, notes other syndicates managed by the company, and includes the financial statement. It states the circular will be mailed to any address free of expense.
MENTIONED IN THIS ARTICLE
Finauoi
Market Quietly Slumps in New York Trading session
Money on call eased with late loans at 2 and prime mercantile paper at 5.75 percent. Sugar Trusts fell after noon, major rails like Louisville & Nashville and Missouri Pacific led declines, while Tennessee Coal rose to 53. General list recovered slightly before close, with overall dull, steady to firm tone and total sales around 768000 dollars.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paver
Sterling Exchange
Louisville & Nashville
Missouri Pacific
New England
Rock Island
Cameron Coal
Tennessee
London
Vlissouri Pacific
Grangers
Alton & Serre Haute
Rock Islands
Pensacola & Atlantic
San Antonio
Mining stock closing prices in San Francisco market
The San Francisco market report lists official closing prices for several mining stocks. Entries include Occidental at 1.40, Hest & Belcher at 3.40, Crown Point at 2.80, Sierra Nevada at 2.70, Gould & Curry at 2, Hale & Norcross at 3.15, and Yellow Jacket among others, with varying figures and abbreviations.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Alta Ccce
Occidental
Hest & Belcher
Ophir
Savage
Sieeecamenle Crown Point
Sierra Nevada
Gould & Curry
Union
Dol
Hale & Norcross
Yellow Jacket
Aintélece
Mae Mexican
Cvcses
Foreign Financial Reports London Market Snapshot
At London Sept 24 12 30 pm Consols quoted 97 15 16 for money and 97 for account. Atlantic Great Western firsts 354s seconds 6 Canadian Pacific 68 4 Erie 29% Illinois Central 120 44 Mexican ordinary 51 12 St Paul common 74 5 New York Central 111 Pennsylvania 55 Spanish 4s 74 7 4 % money 34 3 %. Open market discount for short and three months bills 3 3/4 3 %. Paris advices at 86 francs 40 centimes for the account.
MENTIONED IN THIS ARTICLE
New York
Ager
Hasesereee
Pacific
Atchison
Ce & Air L. Ao . Oe
Seer B
Roch. & P
Ws. C
C Men & St.l
Central Pacific
Ches
Ohio
St. 2
Chi. & BE
del, & L
A & RG
P. Tt
Ft. W
East Tenn
St Dpol Cs de Cess
Erie
Fort Wayne
Hocking Val
Central
Kan
Tex
Kings
Pem
Lake Shore
Aobi
Long Island
L. & Nash
Louis
N. A
Man
Beach
Ibla
M & Lessex
Nash
N. J. Gent
Northwest
N.Y
St. L
N. Y
Miss
Ont
West
Oregon
Db & Dee
Wittsburg Ee
Rheaaing
Rock Island
Gousnard Pacific
Texas Pacific
D. C
U. Pacific
Utica & B.R
L'Acific Mail
Pullman Pal
Loo
W. Union
Tenn. C
Bike Lead Trust
Sugar Trust
Acco Anaiades
Cen
Nav. Lets
Dade R.G
Efans
Oss
Twas i L
P.& Peer
St. P
Se. Pgh
Tex. P. L. Mut
J.cint
Pac
W. Shore
Alta
Con. C. & Va
jOntario
Col. Coal
Angely Potost
el Cristo Uicksilver
Ward
London
Atlantic & Great Western
Canadian Pacific
Illinois Central
St. Paul
Paris
Financial troubles spark stockholder vote at Douglas Axe Co
The Douglas Axe Company stockholders met yesterday and authorized the president to pursue voluntary or involuntary insolvency if deemed wise by the directors. A supporting vote upheld the assignment to Massachusetts Bank’s W. A. French. Missing treasurer Denison D. Dana and his son W. D. Dana are not located. The company’s water power aside, stock in hand if manufactured and sold likely nets about eighty thousand dollars.
MENTIONED IN THIS ARTICLE
Douglas Axe Company
W. A. French
Massachusetts Bank
Denison D. Dana
W.D. Dana
Springfield Bicyle Company
Columbus Avenue
Boston
Augustus Russ
Charles E. Pratt
Charles E. Ingalls
Winthrop
Ingalls
Ingalls & Felcher
Henry Weidman Brewery Company
West Haven
Conn
New York
Virgil Buckingham
Seymour
Land Sold at Public Auction in Cambridgeport
S R Knights sold at public auction yesterday afternoon a lot of land containing 14190 feet at the corner of Austin and Norfolk streets Cambridgeport to J G Morrison for 672 cents per foot.
MENTIONED IN THIS ARTICLE
S. R. Knights
Austin and
Norfolk Streets
Cambridgeport
J. G. Morrison
Commodity Market Snapshot From The Commodities Desk
Lumber stable and coal more active while flour holds steady. Corn dull, oats dull, beans steady, potatoes firm, poultry unchanged, hay steady, straw dull, truck in fair demand. Butter firm. cheese strong. eggs firm. lard active. veals more active. pork firm. fresh beef steady. mutton quiet. lambs steady. tallow quiet. molasses nominal. sugar steady.
Print Cloth Market Holds Steady in Fall River
The print cloth market in Fall River remains quiet with little movement. Quotations for 64x64s stay at 334 cents, down 4 percent.
MENTIONED IN THIS ARTICLE
Fall River
Wool sales open in London with broad attendance and steady prices
London reports the first wool sale of the new series drew a large crowd. Cape wools were well chosen and Australian cross-breds scarce, with July prices largely retained. Details show varied rates by region including Victoria, New South Wales, Queensland, South Australia, Swan River, New Zealand, Tasmania, and Cape/Natal, with most lots sold.
MENTIONED IN THIS ARTICLE
London
Victoria
New South Wales
Queensland
South Australian
Swan River
New Zealand
Tasmania
Cape of Good Hope
Natal
Falkland
Wheat futures ease as outside buyers bid and weather looms
The option market reports December wheat at 82 cents and broad firm tone. Outside bulls and locals bought heavily but a high price, potential long liquidation, and looming weather threaten near-term movement. Corn softens with wheat, while pork and ribs show activity. several futures close firmer across sectors amid cautious receipts outlook.
MENTIONED IN THIS ARTICLE
Chicago
Gilman, Cheney & Co
Boster
Lumber Trade Steady Across Regions With Strong Cypress Demand
James and Abbot report a broad upturn in most lumber lines with large building activity and steady prices. Southern pine demand remains solid, with no regional price increase effect, and Cypress sales rise as Southern mills stay busy. Arrivals of Southern lumber continue to strengthen the market.
MENTIONED IN THIS ARTICLE
Mary A Trainor
Georgetown
S. C
Otello
Brunswick
Mary J Cook
Gulf
Atlantic
Steamship Company
Maine
Pennsylvania
Michigan
Coal Trade Signals Improving Demand and Rising Prices
The coal trade shows stronger activity in both wholesale and retail markets for anthracite, with prices unlikely to change now but likely to rise around October. Production this week reached 726,289 tons versus 93,043 a year earlier, while bituminous coal remains firm but hampered by shipping delays, and overall prospects remain favorable.
Also Mentioned on This Page
Tnc
Inc
Ae Se Inc
Kansas City & C
Colorado
R Bince
Snc
Uder California Central
Inc. Aoe
California Southern
Union Pacific
Omaha
Manitoba
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Western Railroad
Northern Pacific
Northwestern
Burlington & Quincy
George M. Pullman
Pullman Company
Boston & Maine
Eastern Sinking Fund
Eastern
New York & New England
POCAL
Minn
Duluth
Winnipeg
St. Ignace
Mich
Pere Marquette
Harrison
Har
Menry Villard
Colgate Hox
William H. Parmenter
State St
Boston Stock Exchange
Miscellaneous Stock Exchange
Brokers’ Board
At. & Pac
Hur. & Mo
Neb
Es Eastern
Ny & Sag
Ny & Sag. Bs
S. GB
K. C
N. E
Eeseeeereere Uw Ovo
Wia. Cent
Kell Tel
Sies
N. Do
Anniston City Land
Eeae
Lamoine Land
San Diego
West End Land
Bost. & Mont. Cenypet
Cal. & Hecla
Mont
Boston U. Gas
Chi K. & W
H. & Tell. C
Ol Mast Inc
N. Es Tiree Sone L
Eaee
Ann
Bell Tel
Lamson S
Hec
Punkin
Santa Fe Tamarack
5. Fe
Boston & Albany
Bos
Lowell
Los
N.Y. &Ne
Old Colony
Edison Phone. Toy
Ft. Wayne Elec. Co
Arene
Hous
Elec
Catalpa
Crescent
Franklin
Huron
Quincy
Vvccesvses
Santa Fe
Tamarack
Sesses
Boylston Street
Brookline
Campobello
Bay
Maverick
Newport O
Lamoine
L. G
Do Inc
Chi, Kun. & W
Ee Ee 17 20 15 € & W. Mich
Con. Vt
D. D
Wis
Kik H
Tts & G
C de Crees
Eee Ligy
Ley Nor
P. D
Serene eRtee
L. A. Con
A. V
Rutland
Southern
Texas
Sonora
St. Do
Luion Pacific
F. Sa
R. IL Load Companies Atch
Atlantic & Pacific
Hoston & Albany
Hoston & Lowe
Hoston & Maine
Caunton
Cscs
Sp. & Cin
Fitetburg
Flint & i
K.ee
Scott & Gulf
K.C
Summit
Wisconsin Central
Bell
Eastman Car
Pullman Palace Car Co
Cotton Oil Trust
Pneumatic Tool Co
Sete Ween
Bay State Gas
Burton Stock Car Co
Oston & Liverpool Co
Seeeae
Illinois
Cea
Do Trust Ay
Thomson Elec
Westinghouse Elec. Co
Bie Winnisiminet Co
Wilson W. Fay & Co
State Street
National
McKay
Sue Eess
Burton
Venopscot Bay
Maverick Land
Massachusetts Hospital Sife Insurance Company
NEW Bonded Syndicate
NEW York Financial
California
Springfield Bicycle Company
Cambrideport
Farnum, Reardon & Co
Roy
Sahil
Minneapolis
St Louis
James & Abbot
Liberty Square
Nebraska
W . Beass
Mill St
Toston
Mass
Mortgage Trust Company
Rialto
Devonshire St
Dana
F. B. Rogers
the Eastern Banking
Milk Street
Francis A. Osborn
T. Merrihew
J.C. Davis & CO
School Street
John Jeffries & Sons
Devonshire Street
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