Money Market Gains Easy Money Tone In Boston
The Boston money market strengthens with loanable funds at creditor banks, general rates easing to six percent amid expectations of sustained easy money. Bond offerings stay light as authorities report ample circulation and little need for Treasury aid. Also modest stock gains across Atchison and eastern railroads. investors watch short interests and new stock issuances.
MENTIONED IN THIS ARTICLE
Boston
New York
Treasury Department
Sterling Exchange
Continental
London
West End
Atchison
the Stock Exchange
Charles C. Jackson
Jackson, Curtis & Co
Atchison Bears
Atchibon
Venner-Atchison
Kansas
Ort. J
Venner
California Southern
Atlantic & Pacific
Chicago & West Michigan
Flint & Pere Marquette
Wisconsin Central
Union Pacific
Chicago
Burlington & Quincy
Chicago, Burlington & Northern
Kiernan
Chicago, Burlington & Quincy
Chicago, Burlington& Quincy
Northern
Iowa
Louisville
Evansville
Evansville & St. Louis
Mexican Central
Banks and Companies Declare Various Dividend Rates
Several banks and companies announce diverse dividends including Central National Bank at 3 percent Union National Bank at 3 percent Old Boston National Bank 242 percent National Bank of Commerce 3 percent Bourne Mill Company 1 percent South Danvers National Bank 314 a cent Leicester National Bank dividend unspecified Cutting Car Company 3 percent quarterly Andover National Bank 34 2 percent semi annual Asiatic Nations Bank of Salem 5 percent Marblehead National Bank 8 percent Lawrence National Bank 8 percent semi annual
MENTIONED IN THIS ARTICLE
Central National Bank
Union National Bank
Old
Boston National Bank
National Bank of Commerce
Bourne Mill Company
Fall River
South Danvers National Bank
Leicester National Bank
Cutting Car Company
Andover National Bank
Asiatic Nations Bank of Salem
Marblehead National Bank
Lawrence National Bank
Quotations Corrected Daily From Boston Stock Exchange
Officials release daily corrected quotations from the Boston Stock Exchange based on official reports. The corrections reflect updated bid and ask prices across listed securities and are published for traders and institutions.
MENTIONED IN THIS ARTICLE
Boston
Stock Sales at Auction by R. L. Day & Co
New York stock market totals 250832 shares traded today with R L Day & Co reporting shares sold. The list shows opening, high, low, and closing prices for each issue and compares to yesterday's closing.
MENTIONED IN THIS ARTICLE
R. L. Day & CO
New York
Mining and Miscellaneous Stocks Reported by Wilson Fay Co
Stock list from Wilson W. Fay & Co in Boston details mining and miscellaneous shares. Sales dated Sept 28 list prices and percentage changes for multiple issues, reflecting market activity and investor interest in resources and allied sectors.
MENTIONED IN THIS ARTICLE
Mining and Stock Exchange
Boston
Wilson W. Fay & Co
State Street
San Francisco
Cal
Best & Belcher
Ophir
Col
Crown Point
Union
Gould & Curry
Utah
Hale & S Norcross
Money market and stock rally after early dullness
New York reports money on call easy at 4 to 6 percent with last loan at 4 4, market strength after 2:15 p m lifting Readings and North Western 7 0 and 7 0. Prices closed best of day while railroad bonds and list overall firm. Ex sources note Mackay cables sale talks and potential Baltimore & Ohio telegraph purchase, with earnings comparisons for St Paul and grain shifts influencing market tone.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Reading
North Western
Jersey Central
Missouri Pacific
New England
Richmond & West
Vanderbilts
Texas V Pacific Rio Trust
Canada Southern
Hocking Valley
Erie
Gull
Colorado & Santa Se
Louisville
New Albany & Chicago
New York City & Northern Trust
Peoria
Decatur & Evansville
Wabash Chicago
Detroit
Green Bay
Mackay
Western Union
Baltimore & Ohio Telegraph
St. Paul
Armour
Chicago & Northwestern Company
Treasury
Richmond
P Teqminal
Maine
P Connor
J W Clough
Tratton & Wardwell
F Hayden
R W Brown
P Thompson
C Libby & Son
Weiler & Libby
Shee Merrill & Arnold
H_ Merrill
Wardwell
W_ Hall & Son
H Coolidge & Son
A Worthern
M G Flanders
Leon
A Pond
FS Iimball
N E Campbell
W G Townsend
Combs & Farrar
Dwyer
Lavene
Massachusetts
W Meiley
J & Henry
Scattering
Nieuw York
W Fisher
T Fisher
J Shirley
C A Burdick
A Lalone
D Fisher
O © Robinson
L Morse
W Scollans
Canada
J Wright
J & J Kane
H D Clements
H Howes
WC Denesha
BS Hastings
EF Adden
D Keefe
S H Jones
F Gosselyn
R Goodfellow
D McCracken
J N Morse
J A Hathaway
Russell’s
Ellsworth Bros
Wisconsin
Hobert
Ohio
Washington Territory
Welch & Hall’s
Railroad Kings Plans Consolidation Formation of NY, Chicago & St. Louis
Consolidation papers filed in Harrisburg to unite New York Chicago and St. Louis with Cleveland State Line and Fort Wayne Illinois into a single company led by Vanderbilt family Chauncey Depew names the Cleveland D Caldwell as president The $30 million capital aims to extend the Vanderbilt system west Reading trustees negotiate lower Catawissa road rental with 7 percent preferred dividends and a $155000 mortgage due next year possibly replaced by new Reading 4s Ex assessment quotes and negotiable certificates expected
MENTIONED IN THIS ARTICLE
State Department
Img
Harrisburg
Penn
New York, Chicago & St. Louis Railroad Company
Cleveland & State Line Railroad Company
Fort Wayne & Ilinois Railroad Company
Consolidated Company
William K
Frederick
Cornelius Vanderbilt
Chauncey M. Depew
Daniel W. Caldwell
Cleveland
Reading
Philadelphia
Catawissa
Rail freight classification likely abandoned after disagreement
Pittsburg dispatch reports proposed single classification for trunk line freight NY to Pacific may be dropped as Western and Eastern roads fail to agree. European rate question settled to lines' satisfaction. Wheat export moves from Chicago to New York at 25 cents per 100, 28 to Philadelphia, 22 to Baltimore, with ocean rates added. Steamship rate cuts should not affect railroads.
MENTIONED IN THIS ARTICLE
Pittsburg
New York
Pacific Coast
Chicago
Philadelphia
Baltimore
Pacific Mail directors postpone meeting over holiday
The Pacific Mail Steamship directors did not meet as planned on Wednesday. Henry Hart will not resign the presidency until after the Hebrew holiday, due to religious scruples. Hart would not confirm or deny a rumor of selling Pacific Mail stock to Jay Gould. Other items note a lease hitch for three railroads to New York & New England and insurance needs tied to a Connolly suit.
MENTIONED IN THIS ARTICLE
Pacific Mail Steamshi Company
Henry Hart
George J. Gould
Hart
Pacific Mail
Jay Gould
Ashland
Franklin
Mass
New York & New England Railroad
New England
Patrick Connolly
Caryville
Hopkinton Railroad Company
Supreme Court
Consolidated Boston & Maine Railroad
Boston
Chicago
Grand Trunk
Michigan Central
Lake Shore
Fort Wayne
Baltimore & Ohio
Baltimore & Ohio Road
Philadelphia
Parkersburg
Valley Railroad
Virginia
St. Paul
Mississippi
la Crosse
Commodity Prices Steady Across Agricultural Goods
Wool unchanged while flour and corn show firmness. Potatoes rise, beans in quiet demand, and hay, straw, rye, and oats largely steady. Butter, cheese, eggs, pork, lard, hams, and fresh beef stay firm or unchanged. Sugars, molasses, and millfeed remain quiet with modest activity across markets.
Wool Market Weak Yet Some Gains From Money Ease
The wool market shows little price movement with overall dull trading. Buyers visit daily, prices steady, and concessions common. Ohio, Pennsylvania and Western fleeces remain firm, while territory wools stay weak. Boston and New York reports note a weak market but improving demand as money conditions ease. Listings include varied fleece grades, delaine, and carpet wools with numerous regional price points and large weekly receipts.
MENTIONED IN THIS ARTICLE
Ohio
Pennsylvania
Kentucky
Indiana
California
Boston
New York
Philadelphia
West Virginia
Michigan
Wisconsin
Canada
Iowa
Kansas
Nebraska
Minnesota
Colorado
Texas
Isa
Utah
Wyoming
Montana
Mermo
Market Report on Wool Prices Across Regions
The report lists varied wool prices in Western and St. Louis markets with grades from super to merino and shiags. Texas buyers quote spring clip categories Fine to coarse with shrinkage and prices ranging from 5 to 20 cents, reflecting subdued activity coast to coast.
MENTIONED IN THIS ARTICLE
St. Louis
Texas
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