Money Market And Stock Notes From Boston Sept 26
Boston money market shows little change with Clearing House rates at 2 to 2 1 2 percent. Time loans 4 to 5 percent for prime paper 5 to 6 4 for ordinary. Call loans with collateral 2 4 to 4 percent. New York and London rates and bond offers listed. Sugar Trusts bears in focus as market steadies. Union Pacific and Oregon Short Line rise on earnings and control speculation. Boston stock market active with Atchison and Fitchburg earnings reported. multiple railroad and mining names appear in price movements.
MENTIONED IN THIS ARTICLE
Boston
Clearing House
New York
Sub
Chicago
St. Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Sterling Exchange
Bank of England
Reichsmarks
Boston Stock Exchange
Atchison
William B. Strong
Missouri Pacific
Jay Gould
Strong
Eddie” Gould
Atlantic & Pacific
Dee
Union Pacific
Oregon Short Line
Union Pacifie
Denver & Fort Worth
Omaha
Sidney Dillon
G. M. Dodge
Denver, Texas & Fort Worth
Texas
Kansas City
Fort Scott & Memphis
Cleveland & Canton Railroad Company
Arnold
Atlantic
Bonanza
Vticieese
B. & Monteeeses
Butte
Cal & Hecla
Crescent
Quincy
Sonnet
Tamarack
Aspinwall Se
Boothbay
Boylston Street
Brookline
Caimpovello
Lamone - Payson Ee
Penobscot
San Diego
Sullivan Ji
Topeka
West End
Winthrop
Wollaston
L. G
E At. & Pac
Neb
Do Inc
AQ C
Be & Q
St. P. Gs
D. de
L. RK
St. Es
Do Ist Inc
ALTY
Nor
Pac. Gs
D'O
Oregon Ss. L. Gs
LOS Pueb
Rutland
Kansas
Sonora
Boston & Albany
Boston & Lowell
Boston & Maine
Oston & Prove
Cal. Southern
Central of Mass
Clev
Canton
River Eter
Sp. & Cin
Fitchburg Tol Eins
Flint & P. F.com
Scott
K. C
L & St. Lwee
Maine Central
Summit
Wisconsin Central
Sere Eens
Bell
Erie
Eenee
Eastman Car Heater
Pullman Palace Car Co
Cotton Oil Trust
Pneumatic Tool Co
Bay State Gas
Burton Stock Car Co
Chi Iseston & Liverpool Co
Phonograph Toy
Elec
Fort Wayne
Illinois Steel Co
Mt. Desert & East Shore
Malden Electric Co
New York Destch Co
National Lead
North Chi, Roll Mill
Pal
Cox Seeee
Dole Thomson-Houston Elec
Do Trust
Evee
Thomson Elec
Westinghouse Elec. Co
Eeee
Winnisimmet Co
Banks and companies declare varied dividends across firms
National City Bank of Lynn declares a 5 percent dividend while Andover National Bank yields 3 percent semi annually. Plymouth National Bank posts 8 percent. Mt Wollaston National Bank Quincy 3 percent semi annual. North National Bank and National City Bank of Lynn report $5 per share. Cape May and Delaware Bay Navigation Company posts 8 percent. Massasoit Manufacturing Fall River 24 percent. Narragansett Company Fall River 2 percent. Abington Savings Bank issues a spene dividend of 244 percent payable late4.
MENTIONED IN THIS ARTICLE
National City Bank of Lynn
Andover National Bank
Plymouth National Bank
Mt. Wollaston National Bank
Quincy
North National Bank
Cape May & Delaware Bay Navigation Company
Massasoit Manufacturing Company
Fall River
Narragansett Company
Abington Savings Bank
Northern Pacific Bond Plan Proposed at Special Stockholders’ Meeting
The holders of preferred and common stock are invited to a special meeting on Oct 17 to vote on a consolidated mortgage allow ing up to 160 million in gold bonds with five percent interest. Bonds require nine of thirteen directors’ approval and aim to retire $77.43 million in existing first to third mortgage bonds, retire $26 million in branch bonds, fund expansion, terminals, rolling stock, renewals, and other non operating expenditures.
MENTIONED IN THIS ARTICLE
Eee
Henry Villard
Thomas F. Oates
Charles L. Colby
Colgate Hoyt
George Austin Morrison
Charles H. Leland
J. HH. Bhaggin
David EF. Roughtaling
New York
Wiener Investment Market Summary Sept 26 Trading
NYSE sessions show 184200 shares traded with multiple issues listed by name including Can. So. 2ds, Nav. Isis, L.L.Zs, D.& R.G., St. L. at M. and many others. Futures in Minneapolis and St Louis report mixed closes in wheat, corn and oats with prices for September October and December contracts noted.
MENTIONED IN THIS ARTICLE
O. Nav. Isis
St. L
M. Do
K.g.'w
POS. Cine
St. P. Cons
Kan. P
P. C.& P. Ists
Den
Gseinsle
N.P
Ie Pr. R. Aeres
Pac
Best
Kel
Occidental
Potosi
Con. C
Hock
Farnum, Reardon & Co
Boston
Minneapolis
St Louis
New York
Sec
New York Financial Market Ends Quiet with Mixed Trading
Money on call eased to 5–6 percent with last loan at 5 and a closing at 5. Sterling exchange steady with a 60 day bill at 4.83 and demand at 4.87. Union Pacific and Western Union led London buying, while Sugar Trusts sagged to 96. Coal stocks rose with Jersey Central and Delaware & Hudson advancing. Sugar fell 2 points late. Bank rates rise noted as Bank of England hiked discount to 5 percent.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Barsilver
S. Sterling Exchange
Stock Exchange
London
Union Pacific
St. Paul
Louisville
Western Union
Manitoba
Fort Worth & Denver
Louisville & Nashville
Lake Shore
Denver
Texas & Fort Worth
Manhattan
Tennessee
Jersey Central
Delaware & Hudson
Fort Worth & Weaver
Chicago
St. Louis
Pittsburg
Gulf, Colorado& Santa Fe
Ohio
Indiana & Western
South Carolina
Bank of England bullion falls in week amid reserve drop
Financial reports from London show bullion at the Bank of England decreased by 171000 pounds over the week, with the reserve to liability ratio slipping to 42.13 percent from 42.52. Daily withdrawals reached 310000 pounds. Paris reports a weekly decline of 11375000 francs in gold and 325000 francs in silver. Berlin details follow.
MENTIONED IN THIS ARTICLE
London
Bank of England
Paris
Bank of France
Berlin
Market Summary of Agricultural and Commodity Prices
Wool and flour show higher and quieter activity respectively while corn remains dull and oats ease. Cottonseed meal and hops weaken. butter and oleomargarine hold firm to steady. Potatoes pork and beef items firm or steady with mixed demand and several staples unchanged or nominal.
Print cloth market shows inactivity in Fall River
Fall River on September 26 reports no demand in the print cloth market. Quotations stay at 324¢ for 64x64s, with a 1 percent reduction.
MENTIONED IN THIS ARTICLE
Fall River
Wool Trade Reports Mixed Weekly Wool Market Activity
Weekly receipts show 3087 domestic wool bales and 458 foreign bales, with total sales around 2,980,300 pounds. Domestic demand remains strong while foreign markets lag, prices steady near last week, and buyers, led by large manufacturers, seek desirable wools amid limited profit margins.
MENTIONED IN THIS ARTICLE
Michigan
Montana
Texas
Oregon
California
Wool market mixed across regions with varied prices
Wools ranged from 21 to 39 cents per pound in Eastern Oregon to California and Georgia, with large Pennsylvania and Ohio sales. Unwashed combing and delaine lawns sold steadily, while scoured and pulled wools posted firmer quotes. London and Melbourne prices showed firm demand and active competition with broad regional offerings and notable volume.
MENTIONED IN THIS ARTICLE
Oregon
California
Georgia
Pennsylvania
Ohio
Michigan
Maine
London
Montevideo
Liverpool
Texas
Tbs
Victoria
New South Wales
Queensland
South Australia
New Zealand
Cape of Good Hope
Natal
Flour Market and Grain Receipts Reported From Chicago Area
John E Welsh reports carload grain quotations and flour receipts with firmer prices across multiple grades. Domestic flour ranges advance 5 to 10 cents, while New York and Chicago markets show mixed activity and higher prices for winter and spring wheats. Corn and oats offerings remain steady or softer, with sizable receipts and varying bid levels across cities and export terms.
MENTIONED IN THIS ARTICLE
Minnesota
Wisconsin
Canada Superior
Canada
New York
City
Southern
Chicago
St Louis
Andi
C. St Louis
Louie Secaipis
State
Michigan
Newark
Butter Prices Rise Amid Tight Western Creamery Supplies
Receipts show butter volumes for today and year-ago levels, with Western creamery prices firm at 22 25c and advances to about 25c. Dealers anticipate higher prices if demand outpaces supply, while extra firsts and firsts move at 17 20c and 12 13c for imitation creameries. Exports since May 1 total over 1.0 million pounds, reflecting a strong but uneven market across regions.
MENTIONED IN THIS ARTICLE
Brest
Post
Franklin County Creamery
New York
Vermont
Chicago
Western Creamery
State Dairy
State
Pennsylvania
Also Mentioned on This Page
Asos Sik Aeekie Ves Gees
A. S. Bigelow
Edward Sweet & Co
Bears
Messrs. Sweet & Co
New York Sun
Bear Pool
Evans
Boston Board
Sugar ‘Trust
Fort Worth
Chicago, Burlington & Northern
Dubuque
4. K. Linehan
Kouzalin
Chicago, Burlington & Northern Railroad Company
Linehan
Burlington & Northern Enterprise
Fitchburg
Eastern Railroad
Boston & Faine
Boston, Revere Beach & Lynn Railroad
Herald
Atchison Trust
Chicago, Kansas & Western
Frenchman’s Bay
Lewis
Sorrento
Bay State
Boston & Montana
Boston & Montana Consolidated Copper Silver Mining Company
Kute City
Northern Pacific Railroad Company
The
Wiener Investment
William H. Parmenter
State St
Miscellaneous Stock Exchange
Gilman, Cheney & Co
Brokers’ Board
T. & S. Fecdl
Hyman
At. & Pac
Setae Ee Cal
So, Inc
BK. & W. Inc
Mex. Cent
2D Inc
Wis. Cent
Lamarack
T. & Ss Fee
Oston & Albany
Oves Boston & Maine
Concord
Hastern
Fe Trust
Boston U. Gas
Ké& & Wines
Ee Evers
Wilson W. Fay & Co
State Street
Santa Fe
BOO Crescent Minesavese
Edison Phon. Toy
Sullivan Harbor Land
East Boston Land
Harvard Land
Ing
Alt
At. & Pacific
Air B
POL
Roch
D& P
C.K
Nod
St.l
Central Pacific
Ches
Reed
Alton Cies
Iowa
Chi
Eens
Del
Ceve del. & L
H.G. Sees
Agi
Vos
Goa
Osese
Wayne
Val
Central
Oly Lake Shore
S Island
Nash
A& NA
Oaeer
Ho M
Miao
Pacific
Ewee Sneer
Kssex
Ewer Enee
Chat
N. J
N.&w
Northwest
Bret Pee -Y
Chow
Rich
W.P
Rock Island
Rome
St. L. WS
St. P
Enee
Texas Pacific
Tol. & O
Utica & B. RK
Oregon Inn
Pacific Mail
Pullman Pal
W. Union
American Oil
GON
GaBecserceess Nee Aeee Sneer Oo
Shee Sugar Trust
Tenn. C. & Ie
Masachusetts Hospital Life Insurance Company
NEW Bonded Syndicate
S. L
Atlantic Mining
Bost. & Mont
Cowper
Cal
Hecla
Napa
R. Wowk
N.Y
West End Ry.pfd
Edison Phone
Toy
Hay State Gas
Ilinoia Steel
Mt. Bes
Wenae
Best & Belcher
Ophir
Commonwealth
Savage
Crown Point
Sierra Nevada
Gould & Qurry
Union Con
Hale & Norcross
NEW York Financial
Imperial Bank of Germany
Atlantic & Great Western
Canadian Pacific
St. Paul Common
New York Central
Reading
Auote
John
E. Welsh
General Markets
Mortgage Trust Company
Riallo
Devonshire St
Shars
Milk St
Mass
Eastern Banking
Milk Street
Francis A. Osborn
T. Merrihew
American Tontine Investment Union
Broadway
William Montgomery
Eastern
Massachusetts