Money Market Mixed as Rates Ease and Bond Activity Rises
The Boston money market remains easy with a Clearing House rate of 4 percent while New York funds firm on large remittances. Loans run 4 to 6 percent, with 5 to 6 percent on call collateral. Bond offerings total 73,900 dollars. Missouri Pacific dividend declared, and several rail and electric stocks show gains or declines amid a dull overall market.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St. Louis
San Francisco
Sight
Telegraph
New Orleans
Charleston
Savannah
Secretary of the Treasury
Reichsmarks
Bank of England
Lamson
Thomson-Houston Electric
Sugar
Missouri Pacific
Atchison
Atchison Voting Trust
Kidder, Peabody & Co
Tme
Atlantic & Pacific
Chicago & Eastern Ilinois
Wisconsin Central
New York Stock Exchange
Chicago & West Michigan
Detroit, Lansing & Northern
C. H. Burnham, Jr
Boston & Albany Railroad
D. W. Semple
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Mexican Central
Oregon Short Line
Union Pacific
Summit Branch
Lykens Valley
Dividends Declared by Multiple Companies
The Evansville and Terre Haute road declares a 144 percent dividend payable January 21 to stock dated January 6. Boston and Colorado Smelting declares a quarterly 2 percent dividend payable January 1. Str Paul and Duluth preferred stock dividend reduced to 6 percent for the year due to Manitoba traffic diversion. Richmond Terminal declared 2.5 percent. Union Stock Yards and Transit 144 percent payable January 1. Napa Consolidated Quicksilver Manufacturing declares 20 cents per share for stockholders of record December 20. Missouri Pacific Railroad 1 percent. Thomson-Houston 34 percent on preferred stock. Salmon Falls Manufacturing declares 9 dollars per share.
MENTIONED IN THIS ARTICLE
Evansville & Terre Haute
Boston & Colorado Smelting Company
Str. Paul & Duluth
Trafic
Manitoba
Richmond Terminal
Union Stock Yards & Transit Company of
Chicago
Napa Consolidated Quicksilver Manufacturing Company
Missouri Pacific Railroad Company
Thomson-Houston Company
Salmon Falls Manufacturin Company
Stockholders Agree to Long Term Trust for Railroad Securities
Shareholders of the Atchison Topeka and Santa Fe Railroad Company may assign their stock to Boston Safe Deposit and Trust Company for ten years, with voting power and title held by nominees of Magoun Baring Peabody and McCook. Trust certificates will be listed on major exchanges, and holders receive equivalent shares at trust end.
MENTIONED IN THIS ARTICLE
Thomson-Houston Electric
Illinois Steel Company
Potter
Illinois Steel
Transcript
Santa Fe
Atchison, Topeka & Santa Fe Railroad Company
Magoun
Thomas Baring
Oliver W. Peabody
John J. McCook
Boston
Safe Deposit & Trust Company
Mill Street
Trust Company
New York
London
Road Company Legal Notice at No. 17 Broad Street
A notice dated December 6, 1889 from a road company at No. 17 Broad Street New York addresses preferred and common equity interests in a formal corporate filing.
MENTIONED IN THIS ARTICLE
Broad Street
New York
Board Grants Extended Window for Bond Deposits Under Plan
Atchison Topeka Santa Fe Board approves receiving bonds for deposit under the Reorganization Plan through December 31, 1889. Deposits total about 128.9 million dollars with 36 bond issues represented. authorizes Chairman to accept deposits at his discretion to aid distant holders unable to participate earlier.
MENTIONED IN THIS ARTICLE
Boston
Board of Directors
Europe
America
Atchison
George C. Magoun
Oregon Short Line and Utah Northern Bond Exchange Notice
The Oregon Short Line and Utah Northern Railway Company offers bondholders of Utah Central Railway First Mortgage 6 per cent bonds due Jan 1 1890 an exchange option for $1000 bonds plus $40 cash per bond, payable April 1 1919, with offices listed in Boston New York and London. Exchanges available after Dec 16 1889. remaining bonds to be paid in cash at maturity.
MENTIONED IN THIS ARTICLE
Fort Worth
Union Pacific
Concord & Montreal Railroad
Frederick Smyth
Manchester
William M. Chase
Concord
A. Kimball
John H. Pearson
A. Busiel
Laconia
Boston Gas
Bay State Gas Company of
New Jersey
New York Stock Exchange
Boston United Gas
Oregon Railway & Navigation
Sell Telephone
Erie
Erie Telephone Comany
Lamson
Boston News Bureau
Ar. Martin
Martin-Hill Cash Carrier Company
Lamson Company
George C. Crocker
Tilly Haynes
John P. Spalding
Arthur W. Tufts
George F. Swain
Herbert L. Harding
Joseph C. Martin
Arthur G. Hill
David L. Wells
Hill
Harding
Mr. Martin
Boston Water Power Company
Milk Street
Boston & Montana
Franklin
Osceela
Kearsarge
Quincy
Santa Re
Ugar Trust
Committee On Securities
Hayemeyer
Board of Directors
Henry Villard
Utah Central Railway Company
Oregon Short Line
Utah Northern Railway Company
Utah Central Railway
Areferec
Oregon Short Line & Utah Northern Railway Company Consolidated Mortgsne
Oregon Shortline
Consolidated Mortgage
Utah Central
Oregon Short Line & Utah Northern Railway Company
Equitable Building
Boston
THE
American Loan and Trust CO
Congress St
James Main
Treas
Wall St
New York
Charles F. Adams
New York Stock Sales and Grain Futures Mixed on Dec 19
Market update shows 261,800 shares traded with mixed grain futures. Wheat gains supported by export activity and foreign buying while corn and oats fluctuated. pork and lard prices softened, and several U S grain and wool commodity quotes from Boston and St Louis are listed.
MENTIONED IN THIS ARTICLE
New York
Chicago
Gilman, Cheney & Co
Boston
Farnum, Reardon & Co
Sss
Sean
Oass
St Louis
Minneapolis
New York Stocks End Mixed Yet Firm After Volatile Session
Money on call easy at 3 to 7 with last loan 3 and closing at 4. Missouri Pacific surges to 71 with a 14% daily gain as coal shares rally. Denver, Texas Fort Worth and Sugar show small moves while overall market closes near highs with strength led by Missouri Pacific and select rails.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Missouri Pacific
Consolidated Tas
Denver
Texas
Fort Worth
Bears
Chicago
St. Louis
Pittsbur
Chicago Gas
Texas & Fore Worth
Consolidated Gas
Kansas & Texas
Atlantic & Pacific
St. Paul
International
Northwestern
Peoria
Decatur & Swansville
Bond Closing Prices and Yields Montage
A digest of bond closing prices for December 19 and December 18 across multiple issues and issuers. Listings include Dominion, Canadian, Erie, New York, Texas Pacific, Union, and U.S. government securities with percentages and par values, reflecting yields and prices like 112, 118, 100, and 89 to 106 percent.
MENTIONED IN THIS ARTICLE
Cen. P
Eae
Qhiiwskes Ae
G. W
Erie
Bae
Heekos
Mur. Unionés
J.C. Ier
N. W
N.ww
Nec
O. Nav
St. L
F. GM
St. P
Gt. P
C.& Toe
Tex. P. L. G. Tr
Tex. P. G
U. Pac
W. Shore
Financial market roundup from London and Paris
London closes with Consols around 97 and 97 9 16 for money and account. Atlantic & Great Western firsts near 36 5 8, Canadian Pacific 75, Erie 28, Reading 20, St Paul 72, Mexican ordinary 41. Paris quotes 3 per cent rentes at 87 francs 67 centimes, Bank of England bullion down 666,000 pounds, reserve ratio 37.90 per cent. Paris weekly Bank of France gold up 1,875,000 francs and silver 1,700,000 francs.
MENTIONED IN THIS ARTICLE
Boston Stock Exchange
Alloucz
Arnuold
Atlantic
Eweeeeere
Bonanza Devel’t
Ceeess
Tée Bb
Monteeane
Teeneene
Butte
Boston
Cal
Catalpa
Crescent
Franklin
Huron
Santa Fe
Tamarack
Aspinwall
Boothbay
Brookline
Boylston Street
Campobello
Bay
Maverick
Newport
Payson
Penobscot
San Diego
Sullivan
Topeka
West End
Winthrop
Wollaston
Atchison
L. G
Ebeerre
UT At. & Pac
Ewes
Do Inc
Vege
B.& Mo
C. B
Con
Lst
Kan
W. Mich
D.D
K. c
Ft. A
L. K
Ft. S
Central
N. KK
P. D'O
Oregon
L. C. Con
Pueb
A. V
Sonora
Tal St. Jo. & G
Union Pacific
Atch
Top. & S. Fiweee
Atlantic & Pacific
Aie
Elek
Ap Arnee
Boston & Alban
Boston & Lowell Vitaeyee
Boston & Ma
Boston & Prov
Cai
Central of Mass
Col
Essree Weeeesere Llit
Fitchourg
Flint & P. M. Com
K C
S. & Gulf
Kk. C
K.C
L. BR
Maine Central
N.Y
Old Colony
Rutland
Suromit
Tnion Pacific
Scee
Wisconsin Central
Telepho Am
Bell
Eastman Car Heater
Lamson Store Ser. Co
Pullinap Palace Car Co
Atchison New 48
Do New Inc
Canton
Rene
Iowa
Seer
Central Pacific
Ches
Ohio
Chi
Alton
T E. IL
del. S L
Pet
VFL
East Wail
Houston & Texx
Lil
Kings
Vem
Lake Shore
Louis
A N. Kl
Man
Beach
Elev
Mem & Ch
St. i
Lille
Hay N
Wee
Ash
Chat
J. Cent
Aaa
Nor
Pac
W. P
Rock Island
St. L
Edutnern Pac
Texas Pacific
Tol
Pacific Mail
W. Union
Osing
Alpha
Homestake
Alta
Best & Bel
Col. Central
Ontario
el Cristo
Seees
Eureka
Sly Quicksilver
DIET
Hale & Ner
Posavage
Eveee
London
Atlantic & Great Western
Canadian Pacific
Erie
St. Paul
New York Central
Reading
Paris
St. Pau
Bank of England
Bank of France
Market Wrap: Commodities Steady to Quiet Across Classes
Wool and flour show mixed but steady tones while corn eases. Oats rise strongly and potatoes hold fair demand. Fruits like oranges and grapes stay abundant. meats stay active with pork products moving, fresh beef ample, and other meats quiet. Overall, many items show subdued or unchanged activity.
MENTIONED IN THIS ARTICLE
Almeria
Fall River Cloth Market Slips Amid Week's Sales
Fall River reports a decline in the print cloth market with prices at 39 16 for 64s. The week’s fair sales total about 120 000 pieces despite spot activity showing some softness.
MENTIONED IN THIS ARTICLE
Fall River
Wool market: weekly receipts and prices steady
Wool market summary reports 6184 bales of domestic receipts versus 10558 a year earlier and 2090 bales of foreign wool versus 1424. Total sales reach 2 431 400 tbs with 2136200 domestic and 295200 foreign. Prices hold with no profit for dealers. staples like Ohio delaine 36c, Michigan delaine 35c, Yo 1 combing 40c.
MENTIONED IN THIS ARTICLE
Pennsylvania
Ohio
Seionegan
Territory
Texas
California
Oregon
Georgia
Maine
Australia
Cape
South America
Michigan
Eseseers
Indiana
Kentucky
Missouri
Montana
Orecod
Cbs
Storage charges circular from several rail lines issued
A circular dated December 21, 1889 from the Boston and Albany Fitchburg Central Vermont New York and New England and the Boston and Maine outlines storage tariffs for freight left in cars beyond ninety six hours. Charges start at three cents per ton per day for the first five days and rise to five and ten cents per ton per day thereafter with minimums per car per day. Sundays and holidays excluded in the initial period. freight may be unloaded at owner expense after the period. No freight is delivered until all charges are paid.
MENTIONED IN THIS ARTICLE
Boston & Albany
Fitchburg
Central Vermont
New York
New England
Boston & Maine
Consignee
Also Mentioned on This Page
Summit
Eeese
City of
Cleveland
W. J. Hayes & Sons
Bankers
Mass
State Street
Atchison, Topeka
Santa 6 Railroad
Devonshire St
Nassau St
Northern Pacific Rail
Northern Pacific Railroad Company
Minot
North Dakota
United States
Office OF the
Devonshire Street
Union Trust. Company
Broadway, New York
Baring Brothers & Company
Bishopsgate
E.C
J. W. Reinhart
Ath
Miscellaneous Stock Exchange
Cotton Oil Trust
Mil
Burcot
INC
Boston & Liverpool Co
C & L. Champ
Lamoine Land
Wewee Cal
Hecla
Covsseres Sugar Refineries Co
Thomson-Houston Elec
Nee & Albany
Lec
Fener
Estanghouse Elec. Co
Chi & West Mich
Win Munet Co Se
Ly. Ev
St.l. Con
Ivaha
Wis
Do L
Boston — Gas
Bowes
Es & Spr
Ess
Tascean Car Heater Co
Cin
Sens & Cleve
Sesss
Eenese
Klinvis Steel
Eestae
Thom
Europ. Wielding
Hous
Elec
Wilson W. Fay & Co
Washington
McKay & Copeland
Bacathion
Union Elec
PAL Verceers O
Catalpa Minin
National
F. W. Jar & Co
Thomson-Houston
Thomson-European Electric Welding
Union Electric Car
Eastern Electric Cable
United States Mail
Westinghouse
E. Eeesee
Kansas
And
General Consolidated
New Securities
Central Thrust Company
Wall Street
Frederic PF. Olcott
Joel F. Freeman
Henry W. Poor
Menery Budge
Colgate Hoyt
Orrick
Watt St
Bell Tel
Boston United Gass
NEW York Financial
American Tontine Investment Union
Broadway
William Montgomery
Massachusetts
the Eastern Banking CO
Francis A. Osborn
Merrihew
Santa FE Copper Company
Globe Building
John &. Welsh
FLOU
General Markets
Canada
Minnesota
Wisconsin
Canada Superior