Money and Stocks Markets Signal Sharp Rate Rise in Boston
Boston money rates jumped amid a perceived bank pool controlling funds. The Clearing House loans rose to 6 percent, with many at 5 or 6 percent, while New York funds faced demand and dwindling supply. Foreign exchange steadied, and stock markets faced broad declines with Atchison and other rails reporting mixed earnings for June and the year.
MENTIONED IN THIS ARTICLE
Atchison
New York
Providence
Boston
Meneday
Exchange
Dividend Declarations From Railroads Mills And Co
The Cordis Mills, the Thorndike Co and the Boston Duck Co have declared dividends. Companies listed include Illinois Central RR, Canadian Pacific RR, Wheeling & Lake Erie RR, Boston & Maine Co, Procter & Gamble, Pullman Palace Car Co, and Massachusetts Cotton Mills with quarterly and semi annual payouts. Many entries show per share amounts and Aug 1 or Aug 15 payment dates.
MENTIONED IN THIS ARTICLE
Asnton Valve Co
Bay State Trust Co
Boston Fxrrule
Aneace & Montana Minine Co
Boston Laap Mero Co
Bocurne
Bowker Fertilizer Co
Central
Aaee & Pure Manggvette
Great Norturey
Houvano Trust Co
Illinois Central RR
Laconia CO
Laxk Exrk & Western RR
Lyman Mills
Maixe Central RR
Mass
Cotton Mills
Milwaukey
Lake Sucre
New Bevworb Coreen Co
New Expuanp Telepone & Telegrape Co
Ontario Silver Mixing Co
Prpperell Mrg Co
Proctor & Gamble Co
Pullman’s Palace Car Co
Quincy Mining Co
Satem Gas Licat
Somerville Elketaic Licat Co
Starrorp Co
Tamagack Mining Co
Ornenera Expectric Co
Ae & Onto Central
Aston Corton Mrc Co
Waukenhole Co
Semmi-ann
Wheeling & Lake Enis RR
Cordis Mills
Thorndike Co
Boston Duck Co
New York Stock Market Ends Weak After Broad Declines
Money on call easy 17 to 24 percent with last loan at 2 and 2 closing. Sterling steady with bankers’ bills at 4.844 to 4.8624. Government bonds dull and steady. railroad bonds weak. Union Pacific and St Paul led losses with a late rally aborted. Burlington dragged others down. Evansville & Verre Haute and Denver & Rio Grande preferred fell. Market closed fairly active and heavy near day’s lows.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Union Pacific
St. Paul
St Paul
Burlington
Evansville
Verre Haute
Denver & Rio Grande
Bears
Chicago Gas
St. Pauls
Stock Market Ends Weak Amid Broad Losses on Sluggish Demand
Many smaller stocks posted sizable losses with few heavy transactions. Evansville and Serre Haute, C., C., C. & St. Louis stood out in declines as rallies faded, leaving most names at or near day’s lows. Railroad bonds moved slightly higher in volume but kept a weak tone with Oregon Improvement fives slipping to 58, down 2 percent.
MENTIONED IN THIS ARTICLE
Evansville & Serre Haute
C. & St. Lows
Oregon
Totals for today show large volume and mixed stock moves
Total sales reached 240 100 shares with 1m com. arigon up 148 600 from yesterday and 157 600 from Tuesday. The list of principal stocks includes varied closing prices with highs and lows for the day such as Nav. 1ats 203 and P.G's 95 110. Mining stocks closing July 30 show gains for Homestake and Quicksilver while several others trade lower.
MENTIONED IN THIS ARTICLE
Com. Arigon
Bowre
Ist
N. W
P.G
Los DC
U. NeBe
Cen
P. Jats
Fai C
Ohio
Owa
Rees
Kan. P
St. P
Mob
Ss Ao
Rte
W. Shore
Wab
Lst Bs
Nor, Pa
Financial Market Summary from London and New York
London expresses mixed bond and stock results with Consols at 95 13 16d and 95 1/2d for account. New York lists Pennsylvania & Ohio firsts 29 1/2, Canadian Pacific 33, Erie 183 4, St Paul 63, Reading 1358, Mexican Central 71. Bank of England bullion rose £242,000. reserve ratio 43.47 percent. Paris 3 percent rentes at 95 francs 12 4/5.
MENTIONED IN THIS ARTICLE
Cc. B
N. Basse
C.B
Cj.k& U
Atchison
Bost
AID
LOW
Maine
Mass
Rod US
Yoo
W. Mich
Canton
River
Fitchburg
Flint
Maine Central
N.Y
Seeel See Or
Rutland
Union Pac
West End
Wis
Central
Allouez
Aeee
Atlantic
K. & Mont
Santa
Brookline
Campebello
S Werner Wee
Cutler
East Foston
Franklin Park
French Bay
Nahant
Paybon
Penobscot
San
Winter Harbor
Winthrop
Wollaston
Ain. Bell
Eeessee
New England
Neewee
Sete
Ates Lamson
Eve
Nat
Cord
Reece B. H
Cotton Oil
Sugar
Bay State Gas
Illinois Steel
Wayne el
Mt. Des
E.S. Ae
Lead Trust
Aeeree Ween
Sean West
A. T. Ryeseee
Aton & Cee
Atchuson
Central Pacific
C.cat.l
Pees Nano
Canada Pacific
Gare Lowa
Canads South
Ches. & Olio
Weass
B. Che Add Senee Ae Q
Eeon
H.V
Den
K. G
Erie
Llou
Green Bay
Great Northerne
Illinois
Kings
Penn
L.& Nash
Lake E
Long Island
Lake Shore
Mobile & Ohio
Mobile & Ohio, Ors
Pac
Gadu
Beach
Minn
St. She
Nor. Pac
Alb
North Sweetern
N. J. Central
N.C
No. Ae Co
N. Y
Ohio & Miss
D. & Kay
Rock Island
W. l
Sss
OL St. Paul
St. P
LOZ Loz Southern Pac
Buk
St. Uo
Texas Pacific
Ween Ue Pacific
D.& Gulf
W. & Butt
Trusts
Am. Cot
Dams
Fargo
Shee
United States
Brunswick
Om del. & Hud
Oregon
Pal
Pacific Mail
Ewe Anes W. S Uial Fon
London
New York
Pennsylvania
Ohio
Canadian Pacific
St. Paul
Mexican Central News
Bank of England
Paris
Salvador Seeks Cash Loan Amid Guatemalan Peace Accord
Ramon Whate and Andres Amya sailed from Salvador for Europe to negotiate an 8 million dollar loan. The Salvadoran Guatemalan peace treaty was exchanged in Guatemala City. A coffee export tax and bonds would fund unpaid army and government employees since last April.
MENTIONED IN THIS ARTICLE
Salvador
City
Mexico
Ramon Whate
Andres Amya
Europe
Guatemala
Miners to Resume Work at La Salle Mines
Miners at La Salle Illinois decide to return to work after idle period since May 1, accepting terms offered three months ago. Federation members favor resuming. Knights of Labor group opposes. Despite divide, operations will restart at La Salle Union and Oglesby coal mines.
MENTIONED IN THIS ARTICLE
la Sauva
la Salle
Federation of Miners
Knights of Labor
Union
Oglesby
The Boston Theatre Protests $1000 Theatre License Tax
Aldermen push a $1000 license tax on theatres and small amusement venues drawing strong opposition from H A McGlewen C A Shaw John Stetson W H Craway Albert Haynes F B Richards and others who argue it is unjust burdensome and harms public entertainment while New York and Boston residents dispute the fairness of such charges and precedent.
MENTIONED IN THIS ARTICLE
Alderman Flood
H. A. McGlewen
Boston Theatre
Boston Harbor
McGlenen
New York
Boston
Tremont Row
John Stetson
Globe Theatre
R. H. White
Jordan, Marsh & Co
Board of Aldermen
W. H. Craway
Austin
Pretty
Casey Palace
Court Street
The
Globe
Hollis Street
Albert Haynes
Palace Theatre
F. B. Richards
Park Theatre
Rt. McAvoy
Grand Museum
A. Spitz
Orld’s Museum and Theatre
Reed Returns from Europe After Pacific Tour and Politics
Ex Speaker Thomas B Reed arrived on the City of New York and was met by friends and a port official who arranged quick baggage checks so he could catch a train home to Portland. He said he knew nothing of American politics or social issues in Europe, claiming he traveled as a tourist for pleasure and has tried to forget politics for four months. He described travel in 1893 through parts of Europe and spoke of the heat and his intent to avoid journalists.
MENTIONED IN THIS ARTICLE
N. ¥. Tribune
Thomas
Reed
Europe
City
New York
George W. Lyon
Mr. Reed
Portland
Tribune
America
Italy
Paris
Rome
St. Peter’si
Naples
Vesuvius
Aples
New Orleans
Sicily
London
Con- Toss
Congress
House of Representatives
Washington
Senate
Case of Suspended Animation in Knauertown
Mary Bradley, sixteen, lay in a trance as physicians declared her dead for five days. The girl revived in her coffin, spoke of heaven and Uncle John, and appeared well after the episode. Doctors call the case mysterious and attribute it to conditions favoring suspended animation.
MENTIONED IN THIS ARTICLE
Knauertown
Chester County
Mary Bradley
Pye
John
Eight Hour Strike Ended In Cuiiaco Shipyards
After four months of protest for an eight hour day the Cuiiaco ship carpenters returned to work without conditions and rejoined their old positions. Similar stoppages have affected Milwaukee yards this season, and the union collapse here may end the Milwaukee strike as well.
MENTIONED IN THIS ARTICLE
Cuiiaco
Milwaukee
Germany's Empire Reports 1890 91 Budget Surplus
Bern reports the final budget for the German Empire shows a surplus of 15,148,201 marks for 1890 91, exceeding the estimate by 1,000,000 marks.
MENTIONED IN THIS ARTICLE
Germany
Bern
Prospectuses Issued For Ore Shipments From Mines In New York
Full details and applications available at the company offices 33 Wall Street New York and from subscribing bankers and brokers.
MENTIONED IN THIS ARTICLE
Wall Street
New York
Thomson-Houston Electric dividend and stock record notice
Dividend of 1 per share on Thomson-Houston Common Stock payable August 15 1891 to stockholders of record August 5 1891. Transfer books closed August 6 to 16. Boston July 27 1891. By order of the Board of Directors C A Coffin Treasurer.
MENTIONED IN THIS ARTICLE
Traders’ National Bank
Boston
Mass
Sioux City
Iowa
Santa Fe Copper Company
Bigelow
Thomson-Houston Electric Company
C. A. Coffin
Ee Massachusetts Cotton Mills
Exchange
State St
Charles L. Lovering
Thomndieke
Bliss, Fabyan & Co
Summer Street
Peder Olsen
Cordis Mills
Seaton
Oil Market Notes and Pipelines Floating in July 1890
Listings from F W Prescott & Co show pipeline certificates with closing times at 3 p m on July 20 1890 and opening at 10 a m on July 30 1890. Prices and figures appear in scattered form amid cryptic financial notation including grasps of 63 and 625 percent.
MENTIONED IN THIS ARTICLE
F. W. Prescott & Co
Devonshire Street
Reseewess
Crade. Equiv
Also Mentioned on This Page
Sub-Treasury
Clearing House
Sub- Treasury
Omaha
BOK
Big Four
Jersey Central
Flint & Pere Marquette
Quincy
Boston & Montana
Butte & Boston
Franklin
Huron
Kearsarge
Allonez
Calumet & Hecla
Tamarack
Thomson-Houston
Wisconsin Central
West End Railway
Boston & Maine
Boston & Albany
Chicago & West Michigan
New York & New England
Bell Telephone
St. Louis
San Francisco
Colorado Midland
Atchison , Topeka & Santa FE
Inc
Nets
Iscal
St, Louis
New York, Providence & Boston
Massachusetts Railroad
Chicago Junction Railways
Union Stock Yards
Chicago
TOSAL
Osceola
United Electric Securities Company
Third Call
Messrs A. 5. Bigelow
H. H. Stevens
George H. Ball
Butte City Water Company
Butte
Nashville, Chattanooga & St. Louis Railroad
Norfolk & Western
Reece
Boston Stock Exchange
Pere Barborus
NEW York Financial
NEW York Stock Sales
Col. Coal
Best & Releber
Hocking Coal
Gould & Curry
Ontario
Utah
Oxicad
Best & Belcher
Uphir
Polo Core
Con
Cala, & Va
Crown Point
Seaee
Sierra Neva
Savage
Eureka
Yellow Jacket
Llale & Norcross
Specialty Mfg Corporation
Universal Cash Register CO
Advertiser Building
Westchester
Philadelphia Telegraph
Enterprise Mining Co. Incorporated
Lloyd I. Seaman
George Crawford
Sec’y and
Traas
Lloyd I
Seaman
Hugr L. Cole
Jon E. Ward
Morristown
N. J
Rice
Dolores County
Col
Enterprise
Laura
Hiawatha
Kitchen
Bell
Night Watch
Snow Flake
Longbird
Thompson
Anaconda Lode
Jumbo
Headley Lode
Onomoo
Colorado
New Guston
P. Posey
Crawford
Wall St
Stock Exchange
Lewis Bleck
Pittsburg
Edward L. Brewster & CO
Bankers and Brokers
Dearborn
Monroe Sts
Umled National Bank
Wood St
Market National Bank
Farmers’ Loan and Trust CO
F. W. Prescott & Meee . Co
Devonshire
Fastern Electric Cable Co
Pide Sreeveee
Thomson-Houston Electric Co
Ft. Wayne Electric Co
Neeseees LL
Westinghouse Trust
European Welding Co
Petroit Electric Co
Sacle
Enee
Esas