Money Market and Stock Exchange Report December 9
TheMoney Market shows firmer loans at the Clearing House about 6.7 percent with funds scarce New York. Exchange totals rise year over year. Government securities steady and treasury offerings accepted. Local bank reserves rise while Boston statements show surplus. Stock market opens steady then weakens with Atchison Wisconsin Central and Chicago actions noted. Dividends declared by Northern Pacific Railroad on preferred stock.
MENTIONED IN THIS ARTICLE
New York
St. Louis
Chicago
Charleston
Savannah
New Orleans
San Francisco
Telegraphic
The
Treasury
Frances
Reichsmarks
Boston
Lecrease
Atchison
Wisconsin Central
W.S. Lawson & Co
N. P. Ce
N. P
Fennessy Armstrong & Co In Office Formerly Occupied
The firm Fennessy Armstrong & Co takes over the office space that was formerly occupied by Market National Bank, signaling a tenant change in the building.
MENTIONED IN THIS ARTICLE
Fennessy, Armstrong & Co
Market National Bank
Plan of Reorganization Adopted by ATCHISON TOPEKA & SANTA FE
Boston November 23 1889 At a meeting of the Board of Directors the Plan of Reorganization is declared effective. Bondholders are advised to deposit bonds by December 5 1889 under equitable conditions as set by the Board. George C. Macoun Chairman announces official notification and participation terms.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa FE Railroad Company
Boston
Atchison System
Europe
United States
Ceorge C. Macoun
Boston Stock Exchange
Allonez
Arnold
Atlatic
Bonanza Devel’t
II. & Munt
Lronton
Cere
Santa Fe
Iadge Serewene
Tamarack
Aspinwail
Boothbay
Boston W.P
Ees
Eee
Soyiston Street
Brookline
Campovello
Bay
Bbc
Payson
Penoolscol
San Diego
Sullivan
Lys
Topeka
West End
Amuinto
Peeve
Wollaston
Atchison
ALS Ae
Do L. G
Vac
U. OX
L. G. Ta
Q. Con
Chi
Kan. & W
Cy. & W. Michoho
Con. Vt
Eo C
D.D
Elk H
K. C
C. B
S. P
N.Y
No. Ja
P. D’o
Bonds for exchange under reorganization plan list many rail issues
The document items a long list of railroad bonds and mortgages eligible for deposit under a reorganization plan. It names Atchison Topeka Santa Fe and numerous subsidiary lines with various first mortgage bonds from 1900s to 1920s, plus income and second mortgage notes. Deposits may be made at Union Trust Company New York, with coordinating firms in Boston, Chicago, and London.
MENTIONED IN THIS ARTICLE
Wisconsin Central
Srong
Wisconsin Central Common
Flint & Pere Marquette
Chase
Bay City
Chicago
Burlington & Quincy
Chicago, Burlington & Northern
Hamblin
St. Paul & Kansas City
Northwest
Stickney
Chicago-St. Paul
Boston News
Dalton
Momence
Thirty-Fifth Street
Union Pacific
Oregon Short Line
Utah Northern Railway
Utah Central Railway
Oregon Short Line Consolidated
Utah Central
Aeckertty
S. F
Cowles, Sumner & Fi. Smith EE. R. Co
Florence
Bidoratio & Wat. Val. BR. R. Co
Kansas City
Emporia & South
R. KR. Co
Topeka & Western Ri. RR. Co
Kansas
Poreka & Western Rivi. KR. Co
Biavion & Metherson KR. I. Co
The
New Mexico &Southern Pac. R. RR. Co
Pueblo & Arkansas Valley R. R. Co
Wichita & Southwestern R. RR. Co
Klan
City, Lawrence & South
HR. BR. Co
Southern Kansas & Wescern B. B. Co
Sumner County
J. S. Co
Ottawa & Marlington Brb. BR
Southern Kan ’Y Co
Southern Kansas R'y Co
Texan
Santa
California
R’y Co
California Southern Sk. KR. Cos
Chicago, Kansas & Western R.B. Co
Gulf, Colorado & Santa Fe R’y Co
LVUM
Tver
Colorado
Santa Fe Re Y Cow
Senora Railway Co., Limited
Lulo
Topeka & Southwestern Rey Co
General Morte Ute
Atchison Co
Whhita & Western Bark. Co
Kingman, Pratt & West. i. 1K. Co
Union Trust Company
Broadway
New York
Milk St
Boston
Kidder, Peabody & CO
Devonshire St
Merchants’ Loan Trust CO
Baring Bros. & CO
Bishopsgate
London
E.C
Reorganization Committee Adopts American Cotton Oil Trust Deposits
A New York Reorganization Committee declares deposits with Central Trust Company for the American Cotton Oil Trust sufficient to carry out the plan. Certificates will be accepted on deposit through December 10, 1839 with a penalty of one half of 1 percent of par value. Dated New York December 2, 1889 with signatories including Frederic P. Olcott and James H. Benedict.
MENTIONED IN THIS ARTICLE
Central Trust Company
American Cotton Onl Trust
American Cotton OL
Centra Trust
The
Stock Exchange
Amerelcan Cotton Olil Trust
New York
Frederic PB. Olcott
New York Money Market and Stock Notes
New York financial report notes money on call easy at 3 to 7 percent with last loan at 4 and closing at 4. Prime mercantile paper 6 to 7 percent. Bar silver 95, sterling quiet. Government and railroad bonds dull but steady. Stocks fluctuated after 2:15, with general small changes. Chicago Gas up to 44 1/4, Texas Land Trust to 21, Cotton Oil certificates up to 34, then 35. Reading and Burlington down, Lackawanna 1 4, New England strong, Missouri Pacific, Cotton Oil receipts and Jersey Central vulnerable. Late day rise in Western Union and Manitoba Texas Land Trust. close active, small changes. Some notable shifts: Louisville, N A & Chicago firsts down, St Paul 8s up, Colorado Coal firsts up.
MENTIONED IN THIS ARTICLE
Union Pacific
American Loan & Trust Company
Boston
Union Trust Company
New York
Detroit, Lansing & Northern Preferred
Chicago
West Michigan
New England
Fort North
Boston & Albany
Oregon Short Line & Utah Northern
New York, New Haven & Hartford Railroad
Boston & Montana Mining
Boston & Montana
Centennial Mining
Boston Stock Exchange
Lamson Store Service
Butte
Mont
Vnz
Rilland
Kan
Do Inc
LPG
Icccevas
Atinn
Iglis
St. Jo
Eave
Br N.Y
Nash & C Do Inc
Ae Sila
J. Cent
Gor Pac
Atlantic & Pacific
Northwes
Boston & Lowell
Boston & Maine
Geni
Boston & Prov
Lasses
Central Mass
Yam & X
Los
West
Oregon Navy
Canton
Oregon
Vegas
Eure
Tome
Fitchourg
Eases
S. i. Eset
Flint & P. M. Com
Sem
Gom
K.ch
Gulf
Ose A
Tse
Tee
K. C
CL & & Ewe
St. Ia
Pat K. C
Eae
Shean L. Ro
Ft. S. Eees
Ate
Adushera Pac
Ates
St. la Ceeseeescees
St. P
D. Ane
Aerteeeee
Texas Pacific
U. V Pacific
Vile M. Yam NS
L. E
Rutland
Qi Brunswick
Summit Branch
Ub Chic
Oregon Sm
Yu Pacific Mail
Eeae
Wisconsin Central
Pullman Pal. A
Plefec
Ia W. Union
American Oil
Am. Eis Enry
OTS
Yenn
Heer
Nsw
Lamson Store Ser. Co
Cen. P
Nav
Vuilman I’stace Car Co
Trans
St. L. & J. M. Petit Menan Land
Eeee
West End Land
Atchison New
Ee Bos, & Mont
Cal, & Heeeseee
Aim
Cotton Oil Trust
St. Fe
Dunkin
Kearsarge
Ci Hipston & Liverpool Co
Tex
P. Ie
Gs Tamarack
Santa E
Fort Wayne
Tel. Mfg. Co
Sugar Refineries Co
Best & Bel
Ontario
Chi & W
Thomson
Houston
Ye Chollar
Overman
Cleve
Potosi
Detroit
Do Trust
Con. C. & Va
Cristo
Thomson Blec
Nevada
Fitchburg
Westinghouse Elec. Co
Homestake
Small Hopes
Utah
Eee Old Colony
Union Pac
Weee
Vermont & Mass
Eee
Miscellaneous Stock Exchange West End RR
du Pref
ATU
Wilson W. Fay & Co
State Street
Edison Phon. Toy
Law, & So
Lop. & West Inc
Union Bklec
Ist Inc
McKay & Copeland Lasting
Pueplo
South
K. 5S
F. W. Prescott & Co
Devonshire Street
Eresaees
Amer
Beil Tel
Thomson-Houston
Teleevacee
Thomsonu-bturopean
Union Electric Car Vie Ks Ae
Ee Ee
Exustern Electric
Newport Vac
Mills Ereee
Eeere
United States
Eserves
TOO ” Va
Westinghouse
Petit Menan
Athletic Min
Bos
Franklin
Osceola
Santa Fe
Maine
Vitch
San
It Union Inc
West End
Ste
Central
Hous. Klec
Thorn, Europ. Welding
Linois Steel
Cees
Edison Phon
Prime Mercantile
Sterling Exchange
Chicago Gas
Texas Land Trust
Reading
Burlington
Lackawanna
Wheeling
Lake Erie
San Francisco
Bears
Missouri Pacific
Jersey Central
Western Union
Manitoba & Texas Land Trust
Louisville
New Albany
Wamsuita
Langdon GB
Farwell
St Lawrence
Clifton K
Clifton C
Utica
Lonsdale
Blackstone
Fitchville
Farmers’ Choice
Hope
Androscoggin
Conestono
Camlet Jeans
Fall River
Providence
Foreign Financial Reports London Markets Update
London trading notes show Atlantic and Great Western firsts at 36 percent, Canadian Pacific 76442, Illinois Central 121 percent, Mexican ordinary 43 percent, St. Paul common 2, New York Central 110, Pennsylvania 54, with money at 142.2 percent. Consols quoted 97 1/16 for money, 97 3/4 for account, US 4s at 130 1/2. Paris provides 3 percent rentes at 87 francs 90 centimes.
MENTIONED IN THIS ARTICLE
London
Great Western
Canadian Pacific
Ilinois
St. Paul
New York
Erie
Illinois Central
New York Central
Paris
Market Report Signals Mixed Agricultural Trends
Cotton goods rise while woollen goods stay steady and flour remains dull. Corn, oats, rye flour, oatmeal and other staples show varied activity with cornmeal steady and hens poultry unchanged. Pork products active and fresh meats steady, while fruits show mixed demand with oranges plentiful and grapes tepid.
MENTIONED IN THIS ARTICLE
Almeria
Quiet Fall River Cloth Market Holds Firm at 354c
Fall River reports a quiet print cloth market on December 9 with steady 354c for spot 64s. Limited cloth availability and few sales noted amid stable prices.
MENTIONED IN THIS ARTICLE
Fall River
Also Mentioned on This Page
Northern Pacific Railroad Company
Bankers
City of
Cleveland
Ohio
W. J. Hayes & Sons, Bankers
Mass
General Consolidated
New Securities
F.ves
Wall Street
Frederic P. Olcott
Joll F. Freeman
Hwesry W. Puck
Henry Budge
Colgate Hoyt
Atchison, Topeka
Atchison, Topeka & Santa Fe Railroad
Nassau St
Atchison Company
J. W. Reinhart
George C. Magoun
Wik
Michigan
New Lok City
Massachusetts
A. Kean & GO
Washington St. Chicago
Open Board Stoce CO
Congress Square
Brokers’ Board
S. F. Col
Ieee
I. Ee
OC. Bi
Eae & So
Top. & Wine
Sonora
Kanwy
Beli
Lamson
Aspinwall
Boston Land
American Cotton OL Trust
Samuel Thomas
Edward 2D. Adams
Fambes II
Benedict
William L. Bull
Richolas Sheldon
James H. Benedict
Gilman, Cheney & Co
Ing
I. H
Pacific
Ohio Sone
B &Q
Ft. W
East
Kinga
L. Bk
Lake Shore
Lou. & Nash
Lous
N. Ee
Beach
Farnum, Reardon & Co
NEW York Financial
Western Farm Mortgage Incorporated
F. B. Rogers
Rialto
Office OF
Broad Street
Board of Directors
Henry Villard
the Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
Western Farm Mortgnagees
Joan Jefferies & Sons
Stevenson & CO
New Street
St Louis
Minneapolis