Money Market and Stock Notes From Boston
The Boston money market remains easy with a 2 percent clearing house loan rate and time paper in the 3 to 5 percent range. New York and Chicago exchange figures, bond offerings, and currency quotes appear with reporting on various bonds and stocks including Atchison, Chicago Burlington & Quincy, Wisconsin Central, and New York & New England. Observations cover railroads, mining shares, and local corporate actions including the Milwaukee Chamber case and Boston gas developments.
MENTIONED IN THIS ARTICLE
Boston
New York
Reichsmarks
Bank of Montreal
Missouri, Kansas
Texas
Wisconsin Central
Atchison
Chicago
Burlington & Quincy
Chicago, Burlington & Quincy
Chicago, Burlington & Northern
Union Pacific
Oregon
Cincinnati
Sandusky
Western Association
Perkins
Flint & Pere Marquette
Interstate Commission
Chamber of Commerce of Milwaukee
Flint & Pete Marquette Company
Minneapolis
Mexican Central
San Luis Potosi Division
Furty
Chicago & West Michigan
Boston & Albany
Eastern
Boston News Bureau
Boston & Maine-Eastern
Boston & Maine System
Eastern Railroad
Lowell
New Hampshire
Eastern Sinking Fund
Boston & Maine
New York & New England Preferred
Cornelius Anderbilt
New York & New England
Hartford
Stevenson
Housatonic Road
Housatonic
Bostwick
New England Road
Colonel Stevenson
William Rockefeller
Standard Oil Compay
New Haven
Derby Road
Chartereek
Old Colony
Maine Central
Fitchburg
West End
Chicago, Kansas & Western
West
Boston Gas Companies Facing Bond Offering in 1900
Boston and suburb gas supply operated by 14 companies. 13 confined to districts, Bay State Gas Company Boston can serve the whole city. Valuations show united undertakings worth at least £2,500,000, with Bay State New Jersey controlling several units. Bond issue planned with trust structure and five votes per 1000 bonds. Subscriptions open Feb 20 1900, with placements via Brown Brothers and Co and a London path.
MENTIONED IN THIS ARTICLE
Boston
Massachusetts
Bay State Gas Company of
Brookline
Cambridge
Charlestown
Heisea
Jamaica
Rian
Malden
Melrose
Newton and
Waterto
Roxbury
South Boston
Waltham
Hay State
Deloitte, Dever, Griffiths & Co
Lothbury
London
United
H. E. Jones
C.E
M.L
M. E
Commercial Gas Company
Stepney
Ele
United Commercial
King State Gas Company
Bay State Gas Company
New Jersey
Boston Gas Light Company
Jones
Roxbury Gas Light Company
South Boston Gas Light Company
Messrs
Grown Brothers & Co
New York
Mercantile Trust Company of
Cary
Philadelphia
Messrs. Brown Brothers & Co
Lecutors and Securities Insurance Corporation, Limited
Brown Brothers & Co
Wall Street
New York City
State Street
Chestnut Street
South Street
Alexander Brown & Sons
Baltimore
United States
Brokers’ Board
A, T&s Fe
Do Trust
C.b&n
Chi, B & Q
Chi, Kan & West
Do Inc
Ny& Nib
Rutland
Am Bell Tel
Boston W P
Eere
Frenchman’s Bay
Newport
San Diego
Sullivan Harbor
Winthrop
Atlantic
Allouez
Dave Ea Wees
Butte & Boston
Seeee
Bost & Mont (Copper
Cal & Hec
Franklin
Osceola
Eves
Quincy
E. Santa Fe
PuCices Ceeesee
Bost & Ald
Bost & Lowell
A. T&s Feee
Ae Cin San & Cleve
Nburg
Penant
PM i
Rts
Louis
Ev & Bt L. A
Old Colony
Oregon
Short Eanes
Pollman Pal
West End Wehr. Aguas
P. Cal Bei Jedsisboesses Sau
Mal & Sv P
NY &Ne
Ain Bell Tel
Erie
Bost & MD Cccesereses
San & Clo
Seeses
Fitchburg
E& St
Maine
Ny& N
Imp Co
Wis
Alloue
Ainold
Eeeerete
Bonanza Ovel
T .Eeesee
B. & Mont
Eeeset
Catalpa
Central
Huron
Lronton
Kearsarge
Nationa
Csesceese
Enews
Boylston Stre
Caimpobello
Couenuy
Fast
Bay
Maverick
Wport
Ee Lamoine
Payson
Ee $ Penobscot
Vasii Sullivan
Topcka
West End
Ccs
Wollaston
Atchison
Do L. G
At. & Pac
I. G
Aenee
Kan, & W
C.& W. Mich
D. Een Sa
Elk H
K. C
P. Ie
N.Y
Nor. Pac
Bros. Oh
Do P. D'V
Oregon & L. Os
U. C. Con
Eee Pueb
A. V. Ie
Sonora
St. Jo & G. Gs
Union
Lyst
Atch
K&s
Atlantic Pacific
Boston & Albany
Boston & Lowell
Boston & Maine
Boston & Providence
Cal
Southern
Central of
Cleve
Canton
Sp. & Cin
Flint & P. M
E.C
Oak
E C
SP &B
St. Lees
Maine Central
N. W
Sewer
Cecesers
Wisconsin Central
Bolbicces Coe Pavecianteeeen
Eastman
Lamson Store Ser. Co
Bsle
Pullman Palace Car Co
Ing
Alt
T. H
Atch& Pacific
Ova Atchison
Bai BM
I É. & Air L. Eevee
C. BR
Ak Owe
Can. Pacific
Central Iowa
Central Pac
Ches. & Ohio
Alton
St. L
Cin
He & Ds
Chi
E. Tl
del. & H
del. & L
Den
East Tenn
Fort Wayne
Hocking House
Ba & W
Lake Shore
Soars
Long Island
Beach
Eley
Sag & Si
L Pref
Pacific
Ohio
Ener
Essex
Nash. & Chat
N. J
PY. Cent
Eerie
V. E
Oe & Miss
Pittsburg
Rock Island
Sey W. & O
Utica & B. Ravensves W
St. L. & P.eenee
Pacifice Mail
Pullman Pal
W. Union
N.Y. Perry Co. &I
O. Navist
I. D.S
St. Ee
C C. & P. Erie
Eee Ae
Kan. I
So. Ists
Den.d
Sts
Wee Ee
Do. Fia
Lex. P.L.G. Mut
N.J J.C. Int
Lex. P ' R. Sg
N. Pac
Do. Ds. Ae. U. Pac
W. Shore
Amador
Vinerane Aeieie
Best & Belch
Col. Chis
Plymouth
Col. Coal
Eaeters
Con. C
el Cristo
Cord. Hoc
Bay State Gas Co Bonds Backed by Boston Gas Utilities
The Bay State Gas Co of New Jersey plans to issue bonds to fund the purchase of Boston gas businesses. A $5,000,000 reserve remains in the company Treasury for future developments. Dividends paid in gold in New York and London at Winchester House with exchange 4s 11d per Dollar. The bonds create a first lien on deposited stocks with Mercantile Trust Co of New York.
MENTIONED IN THIS ARTICLE
New York
London
Winchester House
Bay State Gas Company
Boston
Mercantile Trust Company of
Bonds Offered by Trusts and Securities Insurance Company
The Trustees, Executors and Securities Insurance Corporation authorize bond applications at 98 pounds per 500 dollar bond with staged payments and 4 percent annual discount if paid early. Denominations 1000 and 500, bearer or registered, with semiannual coupons payable Jan 1 and July 1. First coupon 1 July 1889. Interest in gold, payable in New York or London. A cumulative sinking fund begins Jan 1 1894, with purchase limit 105 percent in America or 1074 in London, and redemption by tender or NY drawing if needed. Bearer bonds may convert to registered bonds at Mercantile Trust Company, New York.
MENTIONED IN THIS ARTICLE
Trustees, Executors and Securities Insurance Corporation, Limited
New York
London
America
Mercantile Trust Company
New York Financial Market Report Feb 20
Money on call easy at 2 percent. Sterling exchange steady around 4.87 to 4.89. Government bonds dull, railroad bonds active and steady. Stocks opened with slight concessions, Chattanooga recovered to close unchanged, market dull but firm at best prices. Railroad bonds and several issues showed small moves with limited overall change.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Chattanooga
Burlington & Quincey
Burlington
Dulness
St. Paul
Evansville & Indianapolis
Houston & Texas Western
International
Central Pacific
Richmond & Danville
Montana Central
South Carolina
Chicago, Santa Fe & California
Arlington, Cedar Rapids & Northern
Chesapeake & Ohio
Oregon Improvement
Green Bay
Market Figures and Bank of England Bullion Withdrawals
A dense summary of rates and percentages for rail and financial metrics across several companies including Canadian Pacific New York Central Illinois Central and Reading with percentages ranging up to 131 and 111 and notes on discount rates for short bills. The report also notes that bullion withdrawn from the Bank of England on balance today amounts to £110000.
MENTIONED IN THIS ARTICLE
Atlantic & Great Western
Canadian Pacific
Erie
Illinois Central
St. Paul
New York Central
Pennsylvania
Paris
Bank of England
Illinois Central Declines to Join Interstate Railway Association
Illinois Central directors held a secret session and declined to sign the presidents’ agreement joining the Interstate Railway Association. The Wisconsin Central signaled willingness to join, while Illinois Central and Burlington & Northern remained out, prompting a committee to revise the plan and report by 11 a.m. tomorrow.
MENTIONED IN THIS ARTICLE
New York
Illinois Central Railroad
Stock Exchange
Illinois Central
Wisconsin Central
Burlington & Northern
B. F. Ayer
Chicago
Clarence A. Seward
Interstate Railway Association
Goelet
Luttgen
Interstate Commerce Railway Association
Curcaco
Wisconsin
Chicago, Burlington & Northern
Hughitt
Moullin
Stone
Market Report Shows Broad Price Quiet Across Commodities
Commercial notes indicate mixed yet steady tones with several items, including flour and butter, firm or steady, while grains like corn and rye show dull to very dull movement. Fresh beef improves while fresh meats overall stay quiet as sugar markets hold firm and molasses remains unchanged.
Lumber Trade Steady With Promising Outlook For Spring
The lumber market shows steady demand across regions with no large orders but good movement and confidence in the coming season. Maine logs anticipate heavy spring hauls. pine demand is quiet in the east while spruce commands firm prices. southern lumber remains steady and a larger car trade is expected. Hardwoods stay firm with small supply and strong white pine prospects.
MENTIONED IN THIS ARTICLE
Maine
New York
Philadelphia
Pennsylvania
Grain Markets Show Activity in July Wheat and Open Corn
Farnum Reardon & Co report lively July wheat trading with strong prices and significant California purchases. May options lag, while sellers appear ready. Northwestern markets ease and Duluth exports stay light. Corn firm on light receipts, with upcoming lift expected as St Louis elevators run full. St Louis and New York close with mixed cash and futures prices across wheat corn and oats.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
California
Duluth
St Louis
Williams & Co
New York
City Horse Market Shows Dull Demand With Mixed Prices
The past week yielded a moderate, uneven market with dull trade overall. Walker’s Bazaar sold about 100 head from $40 to $350, Moses Colman & Son offered 68 head at $40 to $180, Bowler’s stable reported good demand with high priced horses moving to Portland and Newton, and Isburgh & Co’s sale featured best steppers at $275 to $300 while general stock ranged $40 to $150.
MENTIONED IN THIS ARTICLE
Walker’s Bazaar
Moses Colman & Son
AEF
Portland
Newton
Isburgh & Co’s
Russell
Welch & Hall
International Horse Exchange
Also Mentioned on This Page
Kansas
New England
Bell Telephone
Boston Water Power
Lamione
Aspinwall
Haggin
Anaconda
Orford Company
Boston & Montana
Joseph W. Clark
Albert S. Bigelow
Charles van Brunt
Gustav Stillway
John Daniels
Calumet & Hecla
Quincey
Santa Fe
Vivian
Franklin Mining Company
Post
Boston Gas Syndicate
Boston Gaslight Company
Tate Street
Boston Stock Exchange
Dorchester
East
Ight Company
WinchesterMouse
E. C
Peoria & St. Louis R. R
Jacksonville & South Eastern Railway Co
M. Bolles & CO
Irving A. Evans & Bankers and Brokers
Counselsspy
Stock Exchange Building
Miscellaneous Stock Exchange
SALES
Revere Bank
Seeseere
Ilies
Aia Gaia
Aes Aieem
Rana
Metropolitan Bank
First Bank
St. Johnsabury
Franklin Co. le
Wiston
Hill Manuf, Co
Massachuactis Cotton Milla
Ccscens
Scott Cotton Mills
Neshua Manuf
Androscoggin Mills
Bates Manat. Co
Tremont
Hide
Leacbee Bane
Tapi
Everett Bape Hess Sanna
Eevesee
Foreign Financial Markets
C. London
Wilson W. Fay & Co
Elec
Thomson-Houston
Gray’s Dynamo
Itton Hole
Don Enrique
Burton
City OF
U.S.A
The
Bay State Gas Co
Boston A Co
Shaw Stockin
Manchester
Lowell Maunt
Seer
Boston & Sandwich
Olsscve
McKay & Bire AH. M.A
Eure Enwnenee
American Insurance Covsees
Loston Wharf Co
Old Colony Steamboat Co
Newton & Watertown Gas Co
McKay Metal, Ee Asso
Farmers’ Loan and Trust Co
Kan
Loan and Trust Co
NEW York Financial
Railroad Matters
Interstate Association
James & Abbot
Liberty Square
Washington Street
Globe Building
Missouri River
Dakota
Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrihew
Kansas City
New York Exchange
J. HW
Bauerseln & CO
John Jeffries & Sons
Devonshire Street
Canada
Indiana
City Horse Market