Money market eases with rate declines eyed in Boston
Boston money market shows easier tone with Clearing House rate at 7 percent and time money quoted 4 1 2 to 7 percent. New York call money at 4 to 4 1 2 percent. Reports note July disbursements may further ease liquidity. Market totals show modest gains and mixed bond action as diverse securities shift and rail stocks fluctuate amid drought and demand signals.
Oregon & Transcontinental 6 Per Cent Bond Redemption Notice
The Oregon and Transcontinental Company plans to redeem all outstanding first mortgage trust bonds on November 1, 1890 at 105 percent plus accrued interest. A syndicate led by Drexel Morgan & Co will exchange O T bonds for Northern Pacific 5 percent gold bonds at 92 percent, with 105 percent paid for O T bonds and accrued interest credited to exchange date, available until July 15, 1890 at 23 Wall Street New York.
MENTIONED IN THIS ARTICLE
Westinghouse Electric
Westinghouse
Boston News Bureau
George M. Pullman
Pittsburg
Westinghouse Electric Compan
Pullman
Westinghouse Company
Shomson-Houston
Malden Electric Light Company
Oregon & Transcontinental Company
O. & T. Company
Messrs. Drexel, Morgan & Co
Northern Pacific R. R. Co. Consolidated
Northern Pacific
Northern Pacifics
Drexel, Morgan & Co
Wall Street
New York
Oregon & Transcontinental CO
Corearr Hoyt
Drexel Morgan & Co. offer Northern Pacific bonds against Oregon & T bonds
Drexel Morgan & Co announce official statements on Northern Pacific R R operations for ten months ending April 30 1880 showing gross earnings net income and surplus. They state underlying bonds held by the Oregon and Transcontinental trustee will be released and deposited with the NP R R consolidated mortgage for security. They offer to deliver NP Consolidated Mortgage 5 percent gold bonds in exchange for O T Co First Mortgage Trust bonds.
MENTIONED IN THIS ARTICLE
Oregon & Transcontinental Company
Northern Pacific R. R. Co
Northern Pacific
Northern Pacific R. R. Company
Consolidated
First Mortgage
Drexel, Morgan & CO
New York Stock Market Steady With Trusts Leads
New York money on call easy at 3 1 2 percent. Sterling exchange quiet firm. sixty day bills at 4 84, demand 4 88. Government and railroad bonds dull to steady. Stocks opened firm, New England and trusts especially strong. Chicago Gas up to 95 4 percent from morning low, Sugar active up 7 1 4 to 73 1 4. Late trading weak. Kidd, Peabody & Co. sell $1,000,000 for export precipitating a broad selloff. railroad issues mostly steady with a few gains. Notable advances included Chesapeake & Ohio mortgages to 116, Long Island to 118, Omaha & St Louis to 79 4, Milwaukee & Northern to 111.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
New England
Chicago Gas
Sugar
Chicago
St. Paul
Northern Pacific
Trusts
Lackawanna
Grangers
Messrs. Kidder, Peabody & Co
Chesapeake & Ohio
Long Island Firsts
Omaha & St. Louis
Milwaukee & Northern
Electric Stocks Report From Furnished List
Electric stock prices with firms including Eastern Electric Cable Company Union Electric Car Company Thomson Houston and Thomson European, Weld Company and Gethins Electrical Mfg among others. prices shown with fractional quotes and stray digits.
MENTIONED IN THIS ARTICLE
F. W. L’vescott & Co
Devonshire Street
Fastern Electric Cable Company
Gethins Electrical Mfg. Company
Sg Union Electric Car Company
Electric Sarety Company
Couess
Thomson-Houston Company
Thouson-European Liec. Weld
Wool Market and Commodity Prices Report for the Week
The report notes steady wool prices with steady or higher readings across commodities. It covers weekly wool receipts, imports, sales totals, and commentary on market tone, tariffs, and manufacturing demand across Ohio, Michigan, Pennsylvania, and other regions, detailing prices for various grades and current buying interests.
London market closes with mixed bonds and stocks
London at 12:30 p m Consols 96 1 16 for rich and 96 44 for the account Atlantic and Great Western firsts 36 ½ Canada Pacific 83 Erie 26 ½ Erie seconds 106 Mexican ordinary 40% St Paul common 74 New York Central 111 42 Pennsylvania 54 34 Reading 23 42 Mexican Central 45 74 Money 3 4 4 percent 2 p m Paris 3 percent rentes 91 francs 12 12 centimes Bank of England reserve ratio 84.71 percent, against 34.96 last week and 39.06 last year Bullion in Bank of England fell £431,000 and reserve £561,000 this week.
MENTIONED IN THIS ARTICLE
Bes
Clos
Atlantic & Pacific
Boston & Aldany
Boston & Lowe Vedeueens
Reading
Boston & Maine
Boston & Frovidence
Wae Cal. Southern
Central of Mass
Rome, W
Cheshire
BN Ieee
St. Paul
T. P
Cleve
Canton
Col
Sp. & Cin
Southern
Texas Pacific
Fitchburg
Vr Pacific
Flint & Vy 1
St. la
K.C
CL & Sn
Ft. 8
Gulf
Tis K.C
M. & Senne
L. EE
St Leese Eveeses
American Oil
Maine
Brunswick
Seeeseeeeres
Minois Coal
Sen Waae
BOA Northern
Seeeenneee
Oleg
Olu Colony
Seeeneee Sane
Ywest
Vorl
Saco & Ports
Pacific Mail
Pees
G. I. & Conway
Pal
Rutland
Steno
Landg
Os Summit
Union Pacific
W. Union
K. C., Clint, & Sp
Wwe Eerres
Little Rock & K. C
Mem
Lirm, Bs
Wisconsin
Renee H
W., Nash, & Roch
O.S.L
Do 2A Inc
Do 1St Inc
O.& ‘Trans
Cen
N. E
Pfu. Inc
N.E. Tel
Erie
Iowa C
I. DS
Aspinwall Land
Boston Land
Eastman
St. P
Frenchman's Bay Land
Phonograph Toy Mtg
T. G
Topeka Land
West End Land
Lamson Store Ser. Co
Pullwan Palace Car Co
Allouez Mining
Union Stock Yards
BSI
Wests
Arnold Mining
Eere O
Nwj. C
Atlantic
Cotton Oil Trust
Ios
Mon
Min
Pneumatic Tool Co
Sneer
N.Y
Butte & Loston Mining
Stern
Bay State Gas
Tex
Kearsarge
Fortayne Elec
East Shore
Martin White
Santa Fe
Malden Electric CO
jOntario
Tamarack
Mechanical Man. Co
Chollar
Occidenta
Tecumseh
New York Despatch Co
B. Saeeeseene
Phoeniz
Arizona
Boston & Albany
Deadwood Terra
Tel
Mfg. Co
Bos
Pol
Sutter Creek
Sugar Refines CO
Union
Chi, Bur, & Quincy
Thomson-Houston
Mutual 8. & M Co
Cleve. & Can
Eevee Flint & Pere Mar
Sane Sene
N.eb
Thomson Elec
Westinghouse Elec, Co
Winnisimmet CO
Union Pac Tie
Wis. Con
Cons. KR
Laus. & N
Ss. L
Utah
Lafox m & Lowell
Os Am
Bell Tel
Erie Tel
Boston Water Power
West End
Atlantic Mining
Wil
Allouez
Bos. & Mon
Butte & Hoston
Copper Falls
Franklin Mining
Huron
Kearsaree
National
Osceola Mining
St Nwnee
Quincy Mining
T. & Do Dbo
B.& Misees
Sere
Scrip
Ee & Mat Lok, Coy Ui
Qee Ween
Sane
Ny Y
Lil. Steel
Mt. Desert & East Shes
Thomllo, Hiect
Rene
London
Great Western
Canada Pacific
New York Central
Pennsylvania
Paris
Bank of England
Wool Market Report Details Mixed Prices Across Regions
The report outlines current wool prices and activity across Ohio Michigan and other regions. It notes limited demand for washed combing wools, private prices for fine delaine, and varying levels for unwashed and territory wools. London auctions progress with notable U.S. purchases, and detailed sale figures show shifts in prices for Ohio Michigan Wisconsin and California lots.
MENTIONED IN THIS ARTICLE
Seaboard
Ohio
Michigan
Texas
California
Oregon
New Zealand
London
Liverpool
Delaine
Wisconsin
Fitchburg Railroad
Utah
Wyoming
Territory
Reese
Oregons
New York
BBC
Also Mentioned on This Page
Boston
St. Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Frances
Reichsmarks
South America
Atchison
Atchison Company
New Mexico
Atchison Road
Denver
Chicago, Buriington & Quincy
Wisconsin Central
Detroit
Lansing & Orthern
Kansas City
Clinton & Springfield
England
New York, New Haven & Hartford
Philadelphia
Great Gas Syndicate
American Gas Investment Company
Bell Telephone
Lehigh Valley
Union Stock Yards & Transit Company of
The
Herald
Lake Ingot
Montana
Aliouez
Boston & Montana A
Butte & Boston
Calumet & Hecla
Franklin
Kearsage
Oscevlu
Quincy
Mason
Sobeany
Osceola Lode
Opechee
Centennial
Vivian
Lombard Investment Company
City National Bank
Springfield
Mass
Minehill & Schuylkill Haven Railroad Company
Brown Bros. & CO
Ireland
U. S
State Street
Old Colony RR. Co
Portland & Ogdensburg RR. Co. Consolidated Mortgage
Fitchburg RR. Co
Kansas City Belt
Bakota & Great Southern Ry. Co
Chicago, Milwaukee
City of
Los Angeles
Akron
Street RR. Co
Kidder, Peabody & CO
Devonshire St
Wall St
Syracuse Consolidated
SyrAcuse
Total Issue
Central Trust Coo
Syracuse Consolidated Street Railway
Consolidated Road
Maverick National Bank
Spitzer & CO
Congress
Boston Investment
Washington St
Geo. Leonard
Waut Street
Northern Pacific R. R. Consolidated
First Mortgage Trust
E. Rollins Morse & Brother
Brewster
Cobb & Estabrook
Tower
Giddings & Co
Lee, Higginson & Co
Newton
Brockton
Bay City
Mich
City of Akron
Zanesville
Bucyrus
Pasadena
Cal
Central
Sault Ste. Marie
W. J. Hayes & Sons
State ST
City Property
New England Northwestern Investment Company Capital
Washington
Henry N. Fisher
Waltham
Timothy Remick
Silas A. Barton
Thomson-luston Electric Company
Boston Stock Exchange
Miscellaneous Stock Exchange
Wilson W. Fay & Co
Mt. Desert
Eastern Bhore
Tallapoosa Land
Sale & Norcross
Beat & Belcher
North Belle Isle
Bodie Con
Hell Isle
Potest
Coos V
Bolopdic
Savage
Seer
P Con
Sierra Nevada
Crown Point
Union Con
S Rere
Commonwealth
S.bo
Ceee
Jureka Con Enews
Yellow Jacket
Gould & Curry
Aitoupz
Mont
Butte & Loston
Catalpa
Crescent
Snes Sewer
FrankUn
Fluron
Swee Ener Renester
Mesnard
Pewabic
Land Companies
Anniston City
Aspinwall
Ses Serene
Sterner O
Oston
Boylston Street
Sere Eennes A
Campobello
Olye Cutler
Stew Ennee
East
Topeka
West Ene
Winthrop
Wollaston
Do Inc
At. & Pac
Sens Oe Do Inc
Bos. & Mont
Ceverese Bos
U. Gas
L. G
Q. Con
Pees . C
D. D
Biv
W. Mich
Son
Lans
Elk H
K. C
L. Hk
Wae L
Do Ist Inc
Do 2d Inc
Eeee
Cess N.Y
N. Ie
Do Gs
D'O
L. C. Con. Gs
By & J.N
Ao A
NEW York Financial
Eee
Ing
Ing. Ing. Oe
Alt
T. UL
Aeee Ee
Tole Atchison
Dat
An. Pacific
Iowa
Orr
Chi
Alton Is. & Q
Ss . Chi
del. & Il
del L
Den
K. G. Sane
J. D
Te & Ft
Sal
Green Bay
Hocking
Wear . Kan. & Tex
N. H. Tee
N. J. Cent
V. N
Nor
Pacit
Wees
Spring
Ae Oo
Eeee Nichols, Dupee & Co
Grand Junction
Middlesex Co
Bisa Cassae
Boston & i
Clark
Goodhue
F Brown
Alex Williams
New Eng
Hallowell & Coburn
Denny, Rice & CO
Weston, Whitman & Co
Chamberlin Bros & Co
Hobbs, Taft & Co
Luce & Manning
Stinson
Rodliff & Haton
Alex Walliams
Dr. & Dewey, Gould & Co
FH Gardner
Williams & Covurn
Nichols
Drive & Co
Fenno Bros & Childs
Rodliff & Eaton
Junce & Manning
Williams & Coburn
Hecht Bros & Co
Putnam & Co -Eeers GA
Samimott
Weston, Whitman & C
Heckman, Brown & C
Wilcock & Cordingley & Manning & Co
Russell
Eees Nichols, Dunce & Co
French & Ward
Oheru
BC Preston
Dewey, Gould & Co
Harding, Martin & Co
Chamberlin Rps & Co
Denny, Rice & Crvss
Rodiit
Eaton
Fenno Bros & Ch Hobus, Tatt & Co
Ees
Wilcock & Cordingley
Nichols, Davee & Co
Eres Lex Williams, Jr. & Co
Williams & Smith
Odepng
Eens Williams & Coburn
Pierson d& Co
R&s Frost
Moses
Peeer CE Packard
Rector
Uru
Tae
Boston & Providence Railroad
Weaton, Whitman & Co
Nonantun & Co
Alex Williams, Jr. & CO
Rse
John Eoth
Occas
Oh Matthews
Ssascsouves Wilcock & Cordingley
Ee Hutchins, Hitching
Cocseeses Luce & Manning
Caeees Nichols
Upee B
Weer
AM Grahalll
Eeeses Eeree
Podestic
Seeenes
Aiaielg Eoar
New York Steamers
Baltimore
Fenno Broa & Childs
Denny, Rice &Co
White & Cooeee
Arnold & Tucker
Ceeeesers
JI F Brown
MJ Henderson
Queensland
United States
Eed
London Steamers
JB Moors & Co
Hull
Baring Bros & Co
JS Morgan & Co
Stoddard, Lovering & Boy
Ntwerp