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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jul 16, 1890

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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
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