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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Apr 18, 1889

Page

6

Money Market Quiet as Bonds and Currencies Hold Steady

The Boston Evening issue reports a quiet money market with easy time money at 1 percent and general business paper at 4 to 5 percent. Clearinghouse balances show loans at 1 percent, with New York funds at 12? cents per $1000 discount. Foreign exchange stands firm. bonds remain strong as government 4s trade near 107 to 103 and various railroad issues move modestly. The stock market stays full and steady, with activity concentrated in bonds and a few prominent issues. April 20 is the time for bond deposits under favorable terms. several companies announce dividends and new financing plans.

Boston Corporation Peris New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Reichsmarks Atchison Chicago, Burlington & Quincy Detroit, Lansing & Northern Union Pacific Oregon Short Line Chicago & West Michigan Pullman’s Palace Company Pullman- Wagner Parker Oklahoma Boston & Albany Boston & Lowell Eastern Witchburg West_End Old Colony New England Chicago, Burlington & Northern Sonora Little Rock & Fort Smith Southern Kansas Texas Memphis & Birmingham Boston & Maine Atchison Trust California Southern Atlantic & Pacific Consolidated Ermont Denver & Rio Grande Western Central Trust Company Utah & Colorado Railway Company Denver & Rio Grande Western Railway Company Lainson Treasury Lamson Store Service Company Lamson Store Service Supply Company United Pea Mac Case Company Union Cash Register Kruse Check and Adding Machine Company Meaker United States United States Store Service Company Martin & Hill Cash Carrier Company Lamson London Australia Young Otel Quincy House Newark Lamson Register Lamson Company Prime Mercantile Sterling Exchange Pullman Short Line Burlington Rock Island Philadelphia Wagner Company Pullman Company Oregon Minnesota St. Aul Baltimore & Ohio Hocking Valley Bs New York, Lackawanna & Western Gulf, Colorado & Santa Fe Iron Mountain Cedar Falls & Minneapolis

Water Works Bonds Issued for Omaha Plant Expansion

The undersigned offer for sale 98 and interest bonds issued to fund extensions and large additions to the water works property in 1888 including a new plant pumping station and basins to serve a growing city. The issue totals 2,600,000 dollars of an authorized 4,000,000, with 400,000 held by Farmers Loan and Trust to secure old bonds, and 1,000,000 to cover future improvements. Existing income covers interest. bonds are listed on the New York Stock Exchange and are touted as safe investments with rising city revenue and no bad debts. Copies of mortgage and franchise available on request.

Farmers’ Loan and Trust Company New York New York Stock Exchange

Investment Bonds and Railroads Across the Midwest

A list of bonds including Kansas City Clinton Springfield RR 5s due 1925 backed by several railroads such as Chicago Burlington and Quincy and Maine Central. Nebraska 4s Cedar Rapids Missouri RR 75 due 1909 guaranteed by Chic Northwestern RR. Portland and Ogdensburg Ss due 1908. Fitchburg 4s due 1906 and 41-25 due 1897. Naumkeag Street Railway Salem 5s due 1907. New England Telephone and Telegraph 6s due 1899.

National Bank of Republic Losion Bank Tremont Atlantic Nat al Union Nat Webster Nat Nat Bank of Commerce Bank i Owe Mt. Vernon Globe Nat. Bank Eliot At Freeman’s Nat Bank Eteere Old Boston Nat. Bank Weenee Wee Eeteapee Heehee Chews Eeenee Senee Metropolitan Nat. Bank Atlas Nat. Bank Eenee Asiatic Nat. Bank Salem First Nat Naumkeay Nat. Bank Avbeene Manchester Mills Atlantic Cotton Mills Great Falls Lyman Mills Boston & Providence RR Chu, Burl Quincy Ri Ur Street RK Ee Vort Saco & Ports Senee Concord RR Jamaica Thomson-Houston Electric Maine United States Providence S. 1 Burl Quincy Iowa Lowell Covington Ky Old Colony RR Sioux City & Pacific Lst Air Line Nash Lowell RR National Car Co Lst Atlantic Nat. Bank Ween Columbian Nat. Bank Ee Ee Manufacturers Nat. Bank Eee Blackstone Nat. Bank Aia Ewes Viale Wee Boylstone Nat. Bank Freeman’s Nat. Bank Serene Ose Amoskeag Mfg. Co Naumkeag Steam Cotton Co Bates Mfg. Co Lawrence Iseens Everett Mills Hamilton Woollen Mills Ewne Boston & Albany RR Eeene Siaiabtay Conn River RR CeCe Sneer Eastern N. H Boston & Albany Boston Athenrwun E. Steeeee National Tube Works Boston Towboat Co Renee Cilty, Mem. & Birm Kan City Kansas City Clinton Cedar Rapids & Missouri RR Chic, & Northwestern RR Portland & Ogdensburg RR Maine Central RR Fitchburg RR Naumkeag Street Railway Co

Bond Deposits Open Under 1839 Reorganization Plan

Denver and Rio Grande Western Railway bonds and funded coupons may be deposited with Central Trust Company at 54 Wall Street New York to receive engraved negotiable trust certificates under the April 1 1839 reorganization agreement. Copies of the circular plan with majority assent are available from the Trust Company or the Secretary of the Committee. Bondholders must deposit before April 20 to avoid less favorable terms. stock notices will follow when stock certificates are ready.

Central Trust Company Wall Street New York Trust Company New York Stock Exchange

London Market Rates Show Mixed Bond and Stock Levels

From London on April 17 Consols traded at 989-16 for money and 98% for the account. U S 4s at 13154, Atlantic and Great Western firsts 30 fractional, Canada Pacific 51, Erie 28, Mexican ordinary 46, St Paul common 66, New York Central 11044, Reading 23, Mexican Central firsts 73. Paris rates at 3 per cent rente 86 francs 824 centimes for the account at 1:30 p m.

London United States Canada Pacific Erie St. Paul New York Central Reading Paris

Wall Street Quiet as Markets Open With Mixed Tone

Money on call easy at 2 to 3 percent with fast loan at 2 percent and 60 day bills at 4.86. Stocks mostly dull, Pullman and Short Line rise modestly while Grangers and Sugar Trusts weaken. Rail bonds slip with minor gains in several issues as the day ends firm but uneventful.

Commodity Market Wraps Mixed Signals Across Key Grains and Livestock

Lumber holds firm while flour remains quiet and steady. Corn and oats stay steady. rye and rye flour soften. Cornmeal firm. oatmeal quiet. Barley, molasses, sugars strengthen, while lamb and mutton prices fall. Fresh beef firm, pork calm, oranges in demand. cranberries slow.

Graham

City Horse Market Shows Steady Trade Across Stables

The city horse market reports improving driving and business stock demand. Isburgh & Co sold 120 head from $275 to $40. 15 Hungarian ponies at $60 125. saddlers $125 165. drivers $100 175. Other stables moved 40 to 200 dollar range with steady prices and strong demand.

Isburgh & Co’s Walker’s Bazaar Gale Moses Colman & Son’s Russell Welch & Hall International Horse Exchange Canada West H& E_ Snow

London Wool Sales Show Strong Demand Across Regions

April wool auction in London reports robust turnout and active bidding. Victorian, New South Wales, Cape of Good Hope and Natal scoured and crossbred wools sold with Cape and Natal leading gains. total bales offered and prices listed, sales paused until Easter holidays. Sheepskins also sold well across Victoria, New South Wales, Queensland, and other regions.

London Victorian New South Wales Cape of Good Hope Natal Victoria Queensland South Australian Ape of Good Hope South Australia Swan River Tasmania New Zealand

James & Abbot Lumber Market Receipts Improve

Circulation for the week ending April 17 reports 557 cars, up from 509 year over year, with firm, steady prices across all lots. Demand remains strong in Hemlock and Eastern Pine, while Western pine holds steady. Mill activity rises, water shortages delay movement, and freight rates adjust between regions.

Boston Pennsylvania New York Exchange New England Kennebec Southwest Cairo New York Missouri New York Traffic Association Chicago Upper Michigan Marquette

Market Notes on Lumber Supplies and Freight Rates on the Peninsula

The report estimates 15,000,000 feet of logs in streams waiting for water with light snows and water delaying cutting. Southern pine supply is small with firm prices and steady freight rates from Gulf and Atlantic ports. Hardwood markets are firm with limited lots. various lumber items and regional price ranges are listed for hemlock, pine, spruce, cypress, oak, walnut, ash, cherry, butternut and other grades across Western, Eastern, and Canadian sources.

Tennessee Kansas Michigan St Louis Kansas City Pennsylvania Canada Indiana Vermont

Wheat and corn futures edge up as cash demand rises

The Chicago option markets show July wheat opening at 82 ¾ cents, rising to 83 with limited supply and heavy local selling. Cash wheat movements and a large short interest shape the trend, while corn firms early then weakens. provisions stay firm as hogs supplies fall at packing points.

Chicago Farnum, Reardon & Co Boston Gilman, Sneney & Co New York Expo

Also Mentioned on This Page

Boston Stock Exchange Miscellaneous Stock Exchange R.G Nsw O. Nav O.& Trans St.p SS Pj. Eee Lsts Gales Central DuUnkie Franklin Cae Batons Ironton Kearsarge Nghomm Wunov i Kiage Santa Fe Senne Q Vamarack Aspinwall Poocuday Penobscot Ewes San Diego Sullivan Topeka Fae L. G Elk H K. CM K.G C. B K.C Spp L. R T. Ss N.Y N. E Pac. És P. D.O No Inc Pueb. & A. V Ats Rutland Do Inc Atch Ta &S. F Atlantic Pacific Boston & Maine Ener Oi Boston & Prov Cal Southern Central of Mass Cleve Canton Col Sp. & Cin Det L. & Noses Fitchburg Flint & P. M.com Fts Gulf Ee K. C Cl. L& Sp Dr. Mein Eree IL. R Ft. S Maine Central Lzla Brokers’ Board A.t&s F Ur & Mo Bell B& N M & Bb Ny&neee Eastman Car Heater Og & L C Jamson Store Ser. Co Pullman Palace Car Co BAYER Coton Oil Trust Coton Oil Trust Bg14 50 Am Bell Tel Eee Chi Boston & Liverp’l Co Westinghouse Elec. Co UN Pac West End T&s F Col Trust Winc Clint & Sprbs. Co FIS& Mgs NY & NE Ain Bell Tel New Eng Ve Dans Car Pens Co Samson Gary Cutler Bivy Lamoine Sullivan Harbor Wollaston Land Bonanza Mining Boc Best & Mont Min Cal & Hee Mining Franklin Mining Ae Ee OsceMn Mining Santa Fe Mining Tamarack T&s Veneer C&w Dad Dl&n Fitchburg Pfd Cs Actos Pneu Tool Svee Edison Phonogzraph Toy Thom-Houst Payson Beomie Tsar Eessese Ss Arnold Atlantic Bonanza Nevel’t. Ee Mont Butte & Weston Eesesesesee Sur Catalpa Wilson W. Fay W Co State Street Edison P Sonerage Reece Penobscot Bay Land Beacon Sun Robinson-Foster Financial Telegram Don Enrique Iit At. & Pacific C .Pacific Perot Central Pacific Ches Ohio Chi Alton E. Ll del. & L Helen East Tenn Weesee Fort Wayne Hocking Val Houston & Texas Lli Tex He Hings Pem Iess Paciae Nash. & Chat N. J. Cent la Pittsburg Rich ITA Rome St. P Texas Pacific Te Tol Pes Utica & B. R Ste LL. & P Enone Eevee Oregon Sm Pacific Mai Pullman Pal Union Seer Ener Perry Cox Ao Fant Northampton Frenchman’s Bay Cutler Bell Telephone Wze Boston & Montana Osceola Calumet & Hecla Yast Thomson Houston Electric Boston News Bureau Thomson-Houston Electric Company Saco _& Biddeford Gas Company Northern Railroad Company Maha Water Works Nortgage The American Water Works Company Omaha G. H. Venner & Company Pine ST Congress ST Winthrop & Percy Smith Baltimore W. C. James Combination Scale Truck Co Willard C. James E.I. Wright W.C. James & Co Mass E. OF Wright, Esq Rockland Oscar A. Mann John M. Corse George E. Smalley Isq Boston & Norfolk Steamship Co Gray & Milliken Bankers Millew Street Goaton Boston Safe Deposit and Trust Co Devonshire St Corner Water H. E. Bart George C. Mornett N. E. Telephone and Telegraph Co E. Hollins Morse Denver & Rio Grande Western Rail Way Company George Foster Peabody Charles J. Canda Frederic P. Olcott James C. Parrish Joseph D. Potts Barthold Schlesinger Samuel Scovil Broad Street New York City Foreign Financial Markets NEW York Financial Ists Union mi 108 Tr. Ae N.d. C Tex. P Theis Tr. Rec Iis U. Pac W. Shore N. W Eeee Aspen Belcher N . Belle Isle Ontario Con Crown Point el Cristo Eureka Exchequer Hale & Nor United Copper Huck City Horse Market James & Abbot Liberty Square Brown Bros Lovers Curtis Eastern Banking CO Milk Street Francis A. Osborn Ladies’ Stock Exchange P. J. Bonner & CO Bankers and Brokers Winter Street Union Debenture Company J. B. Beery John Jeffries & Sons Devonshire Street
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