Boston Money Market Steady with Mixed Rates
The Boston money market remained steady with calls at 6 percent and general time loans from 4 1 2 to 5 percent. Clearing House balances showed small losses versus New York funds, dividend money due, and several named company payments. Local stock activity was dull yet strong, with notable movements in railroad, mining, and utility shares amid a broader market backdrop.
MENTIONED IN THIS ARTICLE
Boston
New York
Sub-Treasury
Clearing House
American Bell Telephone Company
National Bank of Commerce
Calumet & Hecla Mining Company
Eagle Bank
Fitchburg Railroad
Globe Bank
New Orleans
Bank
Charleston
Savannah
Reichsmarks
Messrs. Heidelbach, Schelheimer & Co
Boston & Maine
Boston & Albany
Atchison
New York Evening Post
Keokuk
C. R. Arnold
Keokuk, Quincy & Chicago Railroad Company
Business Men’s Association
Arnold
Broadway and
Pine Street
St. Louis
Board of Direct acLon
Springfield
Cincinnat, Sandusky & Cleveland
Columbus
Michigan Central
Mexican Central Read
San Francisco
Wisconsin Central
Flint
Pere Marquette
Chicago
West Michigan
Eastern
Western Roads
Alton
New England
San Diego
Calumet & Hecla
Kearsarge
Butte
Boston & Montana
New Hampshire and New Jersey firms announce varied dividends
The White Mountain Freezer Company Nashua declares a 5 percent semi annual dividend. Abbot-Downing Concord announces a 2 percent quarterly dividend. Plymouth Rock Cooperative Grocery Plymouth reports quarterly 4 percent to stockholders and 6 percent on purchases. Lake Erie & Western directors set 1 percent quarterly dividend payable Aug 15. Sioux City Valley and Company pays $1 per share quarterly. Metropolitan Iron & Land Company pays $2 per share. E Howard Watch & Clock declares 3 percent semi annual dividend payable Aug 1 1890. Boston Lead Manufacturing declares 4 percent.
MENTIONED IN THIS ARTICLE
White Mountain Freezer Company
Nashua
N. H
Abbot-Downing Company
Concord
A. H
Plymouth Rock Cooperative Grocery Company
Plymouth
Lake Erie & Western
Sioux City Valley and Company
Metropolitan Iron & Land Company
E. Howard Watch & Clock Company
Boston Lead Manufacturing Company
Surplus Descriptive Circulars Mailings and Income Totals
Surplus Miscellaneous income shows net profit figures with £12,978 71 and 441,097 49 noted for July. CHAPICS records reference fixed income items and descriptive circulars mailed on application.
Drexel Morgan markets bonds in Oregon and Transcontinental deal
Drexel Morgan & Co offers to exchange Northern Pacific Consolidated Mortgage 5 percent gold bonds for Oregon and Transcontinental First Mortgage Trust Bonds. The move aligns NP Railway security with O and T bonds, with underlying NP branch lines released to the trustee and deposited to secure both issues. The announcement cites ten months of NP R R earnings, expenses, and net income, detailing the exchange basis and delivery at offices.
MENTIONED IN THIS ARTICLE
Oregon & Transcontinental Company
Northern Pacific R. R. Co
Northern Pacific
Northern Pacific R. R. Company
Consolidated
First
QO. &T
Drexel, Morgan & CO
Northern Pacific R. R. Consolidated
First Mortgage
Boston Stocks and Bonds Endure Quiet Day amid Bear Pressure
Money on call was easy at 4 to 4 percent with last loan at 4 and 4.84 to 4.89 in exchange bills. Government and railroad bonds remained dull and steady as bears pressured Rock Island and Chicago Gas, with mixed gains in select issues and minor late firmer closes.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Bears
Rock Island
Chicago Gas
Albany & Susquehanna
Mackinac & Marquette
Chicago
St.ouis & New Orleans
Metropolitan
Mutual Union
Milwaukee, Lake Shore & Western
International
San Antonio & Aransas
26 Quarterly July 16 1890 Securities Guarantee Fund
The notice assures sleep on securities guaranteed by the institution's entire assets including capital surplus undivided profits and guarantee fund. Full factual details are limited to the guarantee statement and the date.
MENTIONED IN THIS ARTICLE
Provite Capital Guarantee Fund
Oregon & Transcontinental bonds offered for exchange
The Oregon & Transcontinental Company will redeem all first mortgage trust bonds on November 1, 1890 at 105 percent plus accrued interest. Bondholders may exchange their O T bonds for Northern Pacific 5 percent gold bonds at 92 percent, with 105 percent paid for O T bonds, if presented at Drexel Morgan & Co. by July 15, 1890.
MENTIONED IN THIS ARTICLE
Oregon & Transcontinental Company
O. & T. Company
Messrs. Drexel, Morgan & Co
Northern Pacific R. R. Co
Consolidated
Northern Pacific
Drexel, Morgan & Co
Wall Street
New York
Oregon & Transcontinental
Cotearr Hoyt
Electric Stocks Overview From The Market Pages
Eastern Electric Cable Company preference 61 62 percent. Gething Electrical Manufacturing Company 238 2a. Electric Safety Company 50. Thomson-Houston Company 56. Thomson European Electric Welding Company W 102. Listing furnished by F W Vieacott and Co, 54 Devonshire Street.
MENTIONED IN THIS ARTICLE
F. W. Vieacott & Co
Devonshire Street
Eastern Electric Cable Company
Gething Electrical Mfg
London Stocks Mixed As Markets Close Higher
London midday prices show Consols at 96 9 16 for money and 96 64 for the account. Atlantic and Great Western firsts at 38 48, Canadian Pacific at 84 4, Erie at 26 7 4, Erie seconds at 106 4 4, Mexican ordinary at 43, St Paul common at 75 3 4, Reading at 235 4, Mexican Central news at 76 2. Money 4 per cent at 4p.m. Kar silver at 50d.
MENTIONED IN THIS ARTICLE
New York
Alt. & T. Me
Cad & St
Central Iowa
Ches
Ohio
Chi, & Alton
ZOU
Cust, L
Poseee
Wee Beer Bi
Chi & i. Ill
Del
Heese
del, & L
Aaa Va Vb & KG
Tenn
Erie
Lake Shore
Goo
Long Island
Louis
Nas
Louis, & N
Lev Wees
Ates Sane
Mem
Cent
Minu
N. UL d& Nash. & Chat
J. Cent
Pacific
Northwestern
Llif
N.Y. Cent
N.Y
Iss
West
Oregon
Rock Island
Sda
Southern Pac
Eoin
Tex, Pacific, CO
Seer
Pac
London
Atlantic & Great Western
Canadian Pacific
St. Paul
Reading
Mexican Central News
Rutland Railroad reports cash balance and assets
The Rutland Railroad Company stockholders meet in Rutland to elect directors and approve a cash based annual report for the year ended June 30 1890. The balance sheet shows assets including construction accounts stocks real estate rents and cash in two banks totaling 2 480 600 00 with two mortgages and unpaid dividends and coupons. Chicago Northwestern Railways announces mass lay offs across shops and potential reductions elsewhere as costs exceed gross earnings.
MENTIONED IN THIS ARTICLE
RutLand
Rutland Railroad Company
Percival W. Clement
William Wells
George H. Ball
John W. Stewart
Frederick Billings
James Roosevelt
Horace G. Young
Chester Griswold
David Wilcox
Clement National Bank
Globe National Bank
Boston
Addison Railway
Burlington Dock
Addison
Clement Bank
Globe Bank
Addison Railroad
Epecias Vate Press
Salem Tax Levy Holds At Last Year Rate
Salem officials set the tax at 408000 with the same rate as last year, as the Common Council approves the order. Nathaniel W. Clentman, long absent from Salem, visits after forty six years. he previously piloted in New Orleans. A deed records Archelaus Morrill of Amesbury selling land and buildings on Congress street for 8000 to Charles Goss Dudley J. Marston and Elias P. Collins of Amesbury. Salem’s population from the latest census will be about 30000.
MENTIONED IN THIS ARTICLE
Salem
Sreciran
Common Council
Nathaniel W. Clentman
New Orleans
Court House
Archelaus Morrill
Amesbury
Charles Goss
Dudley J
Lizzie Quigg Dies From Horse Kick At Father’s Home
Four and a half year old Lizzie Quigg died Tuesday night at her father’s house at 28 Ros siter street from injuries sustained by a kick from a horse. The report notes the tragedy and location with concise details.
MENTIONED IN THIS ARTICLE
Lizzie Quigg
Rossiter Street
Market roundup from Commercial Matters page July 15
Lumber quiet and potatoes lower while flour, oats, butter, eggs, oranges, lemons, pineapples, berries, watermelons, pork products and fresh beef show firmness or steadying trends. Corn, beans, cheese and molasses vary. California fruits in fair demand. poultry active. corned beef and tongues quiet. sweet potatoes nominal. sugar firm.
MENTIONED IN THIS ARTICLE
California
Lumber Market Stays Steady Despite Quiet Trade In July
The lumber market shows no new features with steady demand for spruce and southern lumber. Cargo and mill spruce prices hold, while larger receipts push forecasts toward lower prices. diverse timber sections report firm prices for dry spruce, hemlock, and whitewood, with steady or improving demand for hardwoods like quartered oak and black walnut.
MENTIONED IN THIS ARTICLE
Pad Lo
Lumber market steady with mixed price quotes at Liberty Square
Trade in clapboards remains fair with larger supplies and potential price softness, though manufacturers expect little material change. Spruce quoted at 10.41 extras, 33.39 clears, 26.31 second clears. pine at 50 extras or 45.46 clears and 35.86 second clears. Shingles steady with cedar extras 3.25 to 3.60, clears 2.75 to 3.00, seconds 0.95 to 2.50. Extra No 1 2.60, No 1 1.50. Cypress shingles quiet at 5 for 4-18, 0.25 for 5-18, 7.50 for 6-18. Lath trade fair. car lots 22.64 to 23.5, cargo 21.0 to 22.6.
MENTIONED IN THIS ARTICLE
New York
North Carolina
Atlantic
Gulf
Flour and Meal Trade Records Steady Despite Cautious Buyers
The day’s receipts show 398% bis, 100 half-bbls, and 6546 sacks of wheat flour with 70 dollar sacks of oatmeal and 885 barrels of corn meal. Prices stay firm at many grades from fine to winter patent and export lines. buyers remain cautious, keeping values on a low basis.
MENTIONED IN THIS ARTICLE
Minnesota
Wisconsin
Canada Superior
Canada
Graham Tour
Grain Market Report Shows Mixed Receipts and Steady Prices
Receipts today include 7080 bush corn 24900 bush oats 190 tons meal and 6450 bush malt with 18 car inspections 10 corn cars 8 oat cars Prices in Western markets for steamer yellow and mixed corn were steady while local bids held firm No 2 white and No 3 white traded around 40 to 42 cents per bushel with clipped white at 41 to 42 cents Rye sits quiet at 70 cents per bushel.
Also Mentioned on This Page
Ruwakyl T.W. Lillie
Thetate of Missouri
al Aause
J. W. Keinhaartr
Allen Manuel
Henry L. Morrill
Edward D. Kenna
Union Pacific
Union Paific
Oregon Silurt
Utah Northern
Oregon Railway & Navigation
Bross Intersee
Denver & Gulf
St. Joseph & Grand Island
Cross
Central Branch
Montana Union
Leavenworth
Topeka &Outhwestern
Manhattan
Alma
Burliname
Ross
Kansas City
Memphis
Birmingham
Ingalls
Big Four
Colonel Drake
Seven Devils
Idaho
Montana
Lake Superior
Terminal City
Kentucky
Michigan
Messrs
Curtis & Motley
Dubuque
Electrc
Thomson & Houston
Brown Bags. & CO
Ireland
U. S
Philadelph Oe
State Street
Aid Colony RR. Co
Portland & Ogdensburg RR. Co
Vitchburg RR. Co
Kansas City Belt Ry. Co
Dakota & Great Southern Ry. Co
Calecazo, Milwaukee
City of
Los Angeles
Akron
Canton
Street RR. Co
Kidder, Peabody & CO
Devonshire St
Wall St
Ccc Recive
Newton
Mass
Brockton
Bay City
Mich
Zanesville
Bucyrus
Pasadena
Cal
Central
Col
Sault Ste. Marie
W. J. Hayes & Sons
State ST
Ste Sales, Cleve
Steee Sagay
Col. Sp. & Cin
Lee
Fitchburg
Saan
Vay Filot & PV. Com
K.C
Cl de Sp
Ft. 5
Tee
L. E
St. L
Maine Central
N. EA
Old Colony
Saco & Porta
Sneer
G. FP. & Conway
Suimmit Ranch
Ate
West End
Eastman Car Herter
Rd. Phon
Toy Mig
SY Lainson Store Ser. CO
Vullinan Laluce AE
Union
Bos
Brunswick
Burton
Chi, Moston & Liverpool Co
Wayne Elec
Llindig Steel Cow
Mtg. Co
Thompson- Touston Llec
Ao ‘Trust
du Do
Thomson Elec
Welding Ae
Westinghouse Elec. CO
Wiistislininet Co
Wiistislininet Co Peatsascee
Iy Ock
Exchan Soutern
Wilson W. Jay & Co
Morley Dutton Sewing Machine
Harvard
West Mich
Fort Payns Coal & Iron
Eetssee
K.C. Mein
Birin
N.E
N . LE
Portelectric
LC N. Con
Winter Harbor Land
Eneae Org
S. le
Ain
Bell Ae Ae Sane
Erie Tel
Lamson S Eee
Sear
Bay Wand
West End Land
Usta
Allouez
Loo Bay Cal
Hecla Mini
Huron
Tamarack
Boston & Alvaneae
Flint & Moves A
Wortland
Saco & Pla
C.sceene
Bee
Bay State Gas
Watt Street
New Yor
Lee, Higginson & Co
Boston Stock Exchange
NEW York Financial
Bales Allonez
Tee Es
Iy Atlantic Eeleep cskKs
Monanza Development
Mont
Butte & Boston
Hecla
She Catalpa
Sean
Crescent
Dana
Dunkin
Franklin Fee
Hanover
Jronton
Mesnard
Tae
Nava
Ulaksilver
National
Ccs
W. P Bly
Boylston Street
Brookline
Cutler
French Bay
Lamoine
Maverick
Newport
Penobscot
Petit Menan
Ween
Ss. Sete
Sullivan Sneer
Swampscott Nee
Big Winter Harbor
Sane
Winthrop
Wollaston
Bell Tel
Seers
Mort
At. & Pac
Do Inc
Tos
Mont. Th
Los
W. Mich
Bo Fre, & Elk If Gs
Brokers’ Board
Ft. 8
Ftes. & M. Ga
K. C
Popes i
Rae Bell Telephone
Linr
N. E
Ogs
L. Ceee
P. D'O
Utah
Oe Og
L. C. Con
Rutland Gs
TOL - Hong
Union Pacific Bs
Oregon &. L
Wis
Ss. Ee
St. Jo
1. L
H. EK. Cleseee
Aspinwall Land
Boston Water L’ower
Wis. Cen
San Diego Land
Me Do Inc
Allouss
Big Ae Arnold
SOL Lly
Atch
Top
Atlantic & Macitica Lutte & Boston
Loston & Albany
Lowell
Boston & Providence
Santa Fe
Central of Mass
Ley
Cheshire
Boston & Lowell
C&w
Esee
Uae
Owen- High
Inw
Ing. Stl
Prasseaeees
Ettenee
Mlinois Coal
Nae
Esas Sane
Lead ‘Trust
Oregon Lin
Us i Pacific Mail
Dref
Palsees
Sess Petroleum
Sugar Trust
Bole Tenn. C
W. Union
St. P
Ais
NJ. GC. Int
N. PB
le G. de
N. Y
C. & St. Rex
No & W
U. Pac
N. W
W. Shore
Hale & Norcross
Quicksilver
Jhouix
Arizona
Hocking
Sutter Creek
Martin W
Mi. Co
E Mortsase
Company
OOK Gar
R. Bertron
Rutland Railroad
Chicago & Northwestern
Chicago & Northwestern Railway
Harris
The
Burlington
New York City
Waldo A. Pearce
Washington Street
Board of Railroad Commissioners
Danvers Horse Railroad Company
Naumkeag
Danvers
Holliston
Milford
Pullman
Washington
Philadelphia
Pullman Company
W. H. Vanderbilt
Lake Champlain
Fitchburg Station
McMillan
Detroit
Duluth, South Shore & Atlantic
Samuel Thomas
Dr. Pierce
Dr. Eve
James & Abbot
Liberty Square