Market Review and Financial Highlights From Boston and New York
The week closes with a strong money market in Boston and active New York clearing house figures. Exchanges and balances show rates from 5 to 7 percent for time money with collateral loans at 6 to 7.4 percent, and New York City banks report higher reserves above legal requirements.
MENTIONED IN THIS ARTICLE
Boston
Mail
Eateermen
Genperny Sana
Somi
COR En Eeenen Castelieneiean
Totalearn
York
Nee Jan
New York
New York Clearin House
St. Louis
Chicago
Charleston
Savannah
New
New York City
Mining stock closing prices on November 30 in San Francisco
The list shows closing prices for several mining stocks led by Best & Belcher at 8.00 and Mexican at 1.60. Crown Point and Lae (La) Nevada quote around 2.35 to 2.45, with Gould & Curry at 1.65 and Union Con. near 2.95. Hale & Norcross stands at 2.90.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Best & Belcher
Ecinheee Chollar
Escees
Ophir Cis
Crown Point
Savage
Commonwealth
Sierra Nevada
Gould & Curry
Union Con
Eee
Hale & Norcross
Cabigi Isco
Brunswick
Sa “Hic
Oneer
Jregon
Pacific Mail
Pullman Pal
W. Union
Tenn. C. & A
R. G
S. P
Erie
It. P
Tex
Tex. P. Re Mat. Union
U. Pac
N. P. Tn
W. Shore
Horn
Best & Bel
Mat. S
Ontario
Col
Ne. Con. C
Ophir
Overman
Deadwood T
Ei Cristo Oe
Povosi
Hale & Nor
Quicksilver
Ie Serene
Liomesiake
Plan of Reorganization Declared Effective by ATCHISON Board
At a Santa Fe meeting in Boston on November 23 1889, the Board of Directors unanimously adopted a resolution declaring the Plan of Reorganization effective. Bondholders are advised to deposit bonds by December 5 1889 to participate, with later deposits subject to conditions set by the Board. George C. Macoun, Chairman.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa FE Railroad Company
Boston
Atchison
Europe
United States
Board of Directors
George C. Macoun
Exchange plan lists numerous railroad bonds for reorganization
The notice details deposits of many named railroad bonds including Atchison Topeka Santa Fe First mortgage 1899 seven percent and 1920 five percent issues. It lists lines from Santa Fe to Western RR Co and others with 5 7 and 6 percent rates. Final lines note deposit points at Union Trust Boston Merchants Loan Trust and others with officials J W Reinhart and George C Magoun.
MENTIONED IN THIS ARTICLE
Atchison
Magoun
Chicago, Burlington & Quincy
Atchison, Topeka & Santa Fe Railroad Company
Ss. F
Cowley, Sumver Dy Ft. Smith RR
BR. Co
Florence
Eldorado & Wal. Wal. RB. BR. Co
Kansas City
Emporia & South
Mr. BR. Co
Topeka & Western RR
R. Co
Kansas
Kan
City
Lawrence & South
R. BR. Co
Western
Sumner County &. B. Co
Ottawa & Burlington
R. R. Co
California Southern RB. RR
The
Chicago, Kansas & Western RR
Gulf, Colorado & Santa Fe B’y Co
Colorado & Santa Fe B’y Co
Sonora Railway Co
LYLO
Topeka & Southwestern B’y Co
Atchison Co
Wichita & Western KR. BR. Co
Kingman, Pratt & West, KR. i. Co
Chicago, Kansas & Western Ik. ii. Co
California Southern HR. BR. Co
iJncome
Union Trust Company
Broadway
New York
Milk St
Boston
Kidder, Peabody & CO
Devonshire St
Merchants’ Loan Trust CO
Chicago
Baring Bros. & CO
Bishopsgate
London
D. Cc
Nassau St
Aitchison Company
J. W. Reinhart
George C. Magoun
New York Financials Show Mixed Markets and Declines
Money on call easy at 3 to 4 percent with prime mercantile paper in moderate demand. Stocks opened firm but drove down as the day progressed with blocks moved by operators in difficulty. Sugar, C C C St Louis, and rail shares led the declines. Weekly sales total 6.31 million dollars.
MENTIONED IN THIS ARTICLE
New York
Sterling Exchange
Chicago
C. & St. Louis
Dulness
Chesapeake & Ohios
San Franciscos
C. C
St. Louis
Chicago Gas
Tennessee Coal
Ches. & Ohio Secon
Jersey Central
Denver, Texas & Fort Worth
Wisconsin Central
Burlington & Quincy
Northwestern
Denver & Rio Grande
Shenandoah Valley
Hocking Valley
Kansas & Texas
St. Louis & Cairo
Market rates and bank yields from London and Paris
London market reports list prices for Atlantic and Great Western firsts at 36 percent and 3 percent, with Erie at 28 to 104 percent, Mexican ordinary at 45 percent, St Paul common 72, Pennsylvania 54, money at 542.6 percent and discount rate at 44 percent. In the afternoon, Atlantic and Great Western firsts at 3 percent, Canadian Pacific 75, Mexican ordinary 44, Pennsylvania 53. Paris advises 3 percent rentes at 87 francs 80 centimes.
MENTIONED IN THIS ARTICLE
London
Great Western
Erie
St. Paul
Pennsylvania
Paris
Attractive Household Goods and Remedies Ad
An old advertisement promotes Dr Bull's Cough Syrup for neuralgia rheumatism lumbago and gout with Salvation Oil at 26 cents. A toilet table is offered for 20 dollars. A Manhattan desis adds a boudoir touch. Chase listed at Keeler's corner of Washington and Elm streets.
MENTIONED IN THIS ARTICLE
Chase
Keeler’s
Washington and
Elm Streets
Atchison Bond Reorganization Details Confirmed
Vice President Reinhart confirms from the Sunday Courier financial column that Chicago Kansas & Western 5 per cent bonds and Atchison collateral trust 6 per cent bonds must have December 1 coupons deposited to participate in the plan. The board’s Nov 23 declaration meant interest adjustment under the Oct 15 plan, with payments shifted to new Atchison bonds effective January 1. Deposits with Union Trust Company are large and growing, and few will pursue old coupons.
MENTIONED IN THIS ARTICLE
Chicago & Eastern Illinois
Brazil
Chicago & Eastern Illinois Railroad
Chicago, Burlington & Northern
Union Pacific
Mexican Central
Cincinnati, Sandusky & Cleveland
Oregon Short Line
Fitchburg
Crease
Old Colony
New York
New England
Rhe
Boston & Albany
Boston & Lowell
Atchison New
Chicago, Kansas & Western
Maine Central Railroad
Shore Line Railroad
Colonel Green
Boston
West End
West End Railway
Edmund Reardon
Prentiss Cummings
Law
Reinhart
Sunday Courier
Atchison Company
Chicago, Kansas & Western Railroad Company
Union Trust Company
Chicago, Kansas & Western First Mortgage
Atchison
Board of Directors
Messrs
A. Evans
Atchison ‘Opeka & Santa Fe
Old Security
Old Security Navy
Atchison Bonds
London
France
Print Cloth Market Report Shows Firm Prices
The Fall River market reports production 150000 pieces deliveries 150000 stock 8000 sales 85000 spot 37000 future 48000 at 34 to 34 and 34c for 64x64s and 34c for 60x56s. Providence market closes quiet but firm at 34 to 34 for 64 squares and 344c for 56x60s with weekly sales 10000 pieces. Manufacturer stocks total 260000 pieces 64s and 5000 pieces 56x60s.
MENTIONED IN THIS ARTICLE
Fall River
Providence
Wool Sales in London Open with Strong Swan River Demand
At the London wool sales on November 30 a total of 12 904 bales were offered with Swan River buying actively and prices generally firm. Upcoming sales forecast 67 120 bales. Readouts detail Victoria New South Wales Queensland South Australia Swan River New Zealand and Cape of Good Hope and Natal lots with varied scoured greasy prices in pence per pound and shillings per pound.
MENTIONED IN THIS ARTICLE
London
Swan River
Victoria
New South Wales
Queensland
South Australia
Swan _ River
New Zealand
Cape of Good Hope
Natal
South End Diet Kitchen Receives Numerous Donations
The treasurer lists gifts from Mrs. Nathaniel Thayer to Mr. J. F. Bacon totaling varying amounts with many $10 and $5 contributions. The yearly expense requires a remaining $1200. Miss A Gordon serves as treasurer at 167 Marlboro Street and Mrs. O Howigs presides at 67 Chester Square.
MENTIONED IN THIS ARTICLE
South End
Nathaniel Thayer
J. F. Andrew
Amos A. Lawrence
J. H. Wolcott
L Sweetser
F. Cunningham, Jr
G. J. Fiske
Ken Chase
O. K
C. H
A. Gordon
Marlboro Street
O. Howigs
Chester Square
Wheat market activity shows light receipts and bullish tilt
In Chicago trading the wheat market moved higher as receipts eased in the Northwest and traders anticipated a rally. November wheat advanced while December and May futures fluctuated, and the day closed with firm provisions and active rib bidding. Closing quotes for grain futures posted across New York St Louis and Minneapolis reflect varied gains and steady demand.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Boston
Northwest
Esse
Fio. Eves Ieee Mikal Pie
New York
St Louis
Minneapolis
Sugar and coffee markets show firmer trend and firm outlook
The market reports rising raw sugar prices in New York amid limited importer stocks of 786 tons and strong demand for refined sugar at 7.7c per pound. Rio coffee prices firm, with steady New York and Philadelphia activity, Rio receipts about 4,000 bags daily and shipments to Europe noted.
MENTIONED IN THIS ARTICLE
New York
Spreckels
Philadelphia
New Orleans
Rio
Santos
Europe
Also Mentioned on This Page
Reichsmarks
Lamson
Lake Copper
Calumet & Hecla
Lamarack
Montana
Franklin
Santa Fe
Post
Bears
John P. Spaulding
Merchandise National Bank
Oston Post
Ore
Pittsburg
Win
Baltimore
Cincinnati
Louisville
Milwaukee
Detroit
Omaha
Denver
Memphis
Columbus
Richmond
Indianapolis
Galveston
Fort Worth
Peoria
Fortland
Springfield
En Flaven
D. Worcester
Orfolk
Des Moines
I. A. Lowel
Grand Rapids
Buffalo
Portland, Or
Nashville
Sioux City
Seattle
Tacoma
Birmingham
Montreal
Can
N. Y
California
City of
Blake Brothers
State Street
Nassau Street
Kansas City Bridge & Ter
Minal Rail
Central Trust Co
William H. Parmenter
Willard E. Winner
Atchison, Topeka
Buston Stock Exchange
Scrip
Puerto & Ark
Val
Wich. & So
West
Ann Bell Lel
Erie Tel
Newport Land
Allonez Mining
West End Land
Atlantic
Bos. & Mont. Copper
Hec
Huron
Kearsarge
National
Osceola
Quincy
Tamarack
Atlantic & Pacific
Central of Mass
Bi & Bee
Svevane
Enor
San & Clev
Ssi
Boston Stock
Miscellaneous Stock Exchange
A. T
Fort Wayne Elec
Eae Oe
Illinois Steel Rts
National Lead ‘Trust
Do . Eee
Eenaee
Thomson- H. Elec
Deere
Thom, Lurop
Boston Stock Exchange
Arnold
Ponanza DeEvel
Mont
Butte
Serereere
Hecla
Central
Seers
Ridge
Pea
Cseseess
Pamatack Es Eres Land Companies
Aspinwall
Ssseesteecerss O
Poothbay
Seeeserevee
Hhoston
Seevee
Brookline
Eenee Teteeres
Campodbello
Bay
Uc Payson
Penobscot
San Diego
Sullivan
Seereee
Toopeka A
Cecares
At. & Pac
Do Inc
W. Mich
St. P
D.D
N.Y
N. E
P. D’o
Oregon
L. C. Con
Pueb. & A. V
Rutland
ST Sonora
St. Do & G.I
Wis
Footewan
Poston & Albany
Main
Boston & Provess
Southern
Eeee Central of
Cleve
Canton
Peereer
Col. Sp
N . Me
Flint & P. M
Euwe
K. C
Ft 8
Gulf Do
St K. C
C. L
K.C
L. K
Ft. S
St. Lew
Maine Central
Eeerteeseeneses
Suimuinit
Wisconsin
Seesees Telephones
Bell
Cceeeser
Cc Vevessee Csseoers
Eng
Ceeeee Aeee
Eastman
Lamson Store Ser. Co
Pullman Palace Car Co
SECUS
Bities
Cotton Oil Trust
Pneumatic Foel Co
Bay State Gas
Burton
Chi
Boston & Liverpool Co
Illinois Steel Co
Fort Wayne
Eve
Mt. Desert
East Shore
Maiden Electric Co
National Lead Trust
New York Despatch Co
Sear
Tel
Mfg. Co
Poltas
Cess
Sugar Refineries Co
Whomson-Houston Elec
Do Trust
Ener Lil
Thorson
Westinghouse Elec, CO
Winnisimmict Co
Neeee Fas
Wilson W. Fay & Co
Desert
Eastern Shore
Lamolue Land
Veopie
Bay State Shoe
Edison Phon. Toy
Erenee Sere
Union Elec. Car
Cese Eeeeseeseenee
Pneum. Tool
Fort Payne Hot Jton
Anne Fe
Atlas National Bank
Metropolitan National Bank
Merchants’ National Bank
Newbury
Manchester Mile
Falls & Conway RR
Old Colony Railroad Biview
Toledo St. Louis & Kan
Chapman Valve Man
Boylston Mutual Ins
Cambridge Gaslight Company Oe
Fort Payne Coal & Iron
Suffolk Cordaxe Company
Kansas City, Law & Co
Traders’ National Bank
Bank
Metropolitan National I
Newton National Bank
Newton
Webster National Bank
Mount Vernon National Bank
Appleton Man, Company
Eeene Atitv
Pacific Mills
Dwight Mills
Dwight Manufacturing Company
Providence & Worcester RR
Old Colony RR
Dwelling House Insurance
Boylston F. & M. Insurance
Brookline Gaslight Company
Providence Gaslight Company
Neptune Insurance Company
Soevce
New Hampshire
Union Pacific Linking Fund
New Hampshire Trust Co
Gregate
Kallroads
Ng. Ae
T. Hews
At & Pacific
Senor
Eeee
Del
Hi. del
Ft. W
Woo
Jane
Hocking Val
Jil
Kan. & Tex
Oeal
Lake Shore
Long Island Louis
Nash
Bana Louis
Man
Beach
Packie
Ohio
J. Cent
Nor
N. i
Ohio & Miss
Rock Island
St . Iaty
St. PM & M
Southern Pac
Su P& D
Texas Pacific
U. Pacific
V. W
W. Ee Ueese
NEW York Financial
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
William Montgomery
Massachusetts
Maas
John Jeffries & Sons
Devonshire Street
Almeria
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