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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 12, 1890

Page

6

Money market sturdy with high rates and varied bonds

The Boston money market shows renewed stringency with time loans 4 1 2 to 6 1 2 percent and call loans 6 to 7 percent. Clearing House balances and New York funds shifted, government securities dull, and foreign exchange higher. Sidney R. Baxter elected director of Commercial National Bank. Bay State gas talks and Bay State dividend plans noted.

Boston New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Sidney R. Baxter Commercial National Bank Secretary of the Treasury Reischsmarks London Atchison Missouri Pacific Gould New York Commercial Bulletin Atchison & Lopeka Wisconsin Central Milwaukee & Northern Road Mexican Central Eastern Illinois Chicago & Tern Illinois Stevens Louisville E. E. Deneston E. W. Clark & Co Philadelhia J. W. Seligman & Co Rider, Peabody & Co Keston and Brown Bros. & Co Burlington & Quincy Sandusky Cleveland & Canton Senate Bay State Addicks Julian Goldsmith Great Anglo-American Gas Trust Bay State Company Atlantic Bell Telephone West End Union Stock Yards &Transit Company Thayer City of London Financial Telegram Company Nassau Boston & Montana Arnold Richardson, Hill & Co Quincy Osecesla Franklin Atlantc Fru Colume & Heela Butte & Boston Centennial

Oregon & Transcontinental Company to Redeem Bonds

The Oregon and Transcontinental Company will redeem all its outstanding first mortgage trust bonds on November 1, 1890 at 105 percent plus accrued interest. Bondholders may exchange for Northern Pacific 5 percent gold bonds through Drexel Morgan Co by July 15, 1890, at 105 percent for O T bonds and 92 1/2 percent for Northern Pacifics, with accrued interest.

Boston New York Union Pacific Railway Company American Loan & Trust Company Oregon Railway & Navigation Company Oregon Short Line & Utah Northern Railway Company Oregon & Transcontinental Company O. & T. Company Messrs. Drexel, Morgan & Co Northern Pacific R. R. Co Northern Pacific Northern Pacifics Drexel, Morgan & Co Wall Street Oregon & Transcontinental Co Coxcars Horr

Northern Pacific bonds offered in exchange for Oregon & Transcontinental notes

Drexel Morgan & Co states official operation results for the Northern Pacific R R Co Ten months to April 30 1889 show gross earnings 16277905 22 operating expenses 9745958 46 net earnings 545. broad security transfer to the consolidated mortgage trustee to back O T bonds. North Pacific 5 percentile gold bonds ready for delivery in exchange for O T Co first mortgage trust bonds at the stated basis.

Oregon & Transcontinental Company Northern Pacific R. R. Co

San Francisco Stockholders Exchange With Atchison Company

St Louis and San Francisco announce the sale of all holdings to the Atchison, Topeka and Santa Fe Railroad. Exchange terms grant 1375 Atchison shares per 1000 San Francisco Preferred and 750 Atchison shares per 1000 San Francisco Common. Limited sale window for nonowned shares with receipts exchangeable for Atchison stock. Boston deposits handled by Kidder, Peabody & Co. Rights reserved to withdraw.

Atchison, Topeka & Santa Fe Railroad Company Atchison Company Atchison San Francisco Boston Vicinity Messrs. Kidder, Peabody & Co

Electric Stocks and Market Update From New York and London

Eastern Electric Cable Company and several others are listed with varied prices and yields in the latest market telegraph. The report covers London Consols at 97 3/16 and Canadian Pacific at 84 1/2, with commentary on money and discount rates. Marblehead Neck’s Irving House advertises a charming summer stay on Nahant Street near the Corinthian Yacht Club, run by Mrs. E. E. Wilber.

London Canadian Pacific Erie Ilinois Central St. Paul New York Central Pennsylvania Mexican Central News Atlantic & Great Western St. Paul Common North Shore Marblehead Neck Irving House Nahant Street Corinthian Yacht Club E. E. Wilber

Market closes weak as stocks slide and bonds stay dull

Money on call remains easy with rates at 3 to 6 percent. Sterling exchange firm with 60 day bills at 4.85 and demand at 4.88. Market dull after noon. Villard, Van derbilt weak, Oregon Transcontinental at 49 and falling. Sugar slips 1 percent but stabilizes. Chicago Gas drops on dividend doubts, later recovers. Railroad bonds quiet. notable declines include Cleveland & Canton and Ontario & Western, while Montana Central rises to 118. NEW YORK FINANCIAL.

New York Prime Mercantile Paper Barsilver Sterling Exchange Villard Oregon Beluw Chicago St. Paul Atchison Cleveland & Canton Firsts Ontario & Western Montana Central Firsts

City Horse Market Sees Active Trade Across Sale Stables

Market reports show steady prices for common stock and rising demand for acclimated horses. Sales at Bowler’s stable indicate strong interest in acclimated teams with prices from 276 to 625 per head. Isburgh & Co sold 140 head with drives up to 360, including ponies at 75 to 100. Other stables report varied prices and steady to brisk activity, with ranges from 30 to 700 for single and paired horses.

Pires Foster W. P. Rice Denison Land & Investment Company New England Denison Ir. Rice Boston E Bowler Bowler New York State Isburgh & Co Walker's Bazaar Moses Colman & Son Kentucky Brockway Welch & Hall Russell & Drew’s Portland Edgar Snow & Co

Leather Trade Sees Demand Rise and Foreign Buyers Move In

The leather market reports improving demand from domestic consumers and steady to higher prices as firms note cautious purchasing by manufacturers. Foreign buyers reenter the market, buying splits, glove grain, buff and sole leather, with Buenos Ayres and Montevideo hides firm and stocks reduced. The boot and shoe trade remains strong as producers push for higher prices to cover rising material costs.

New York Buenos Buenos Ayres Montevideo California Ne 2 BBC Rio Grande Arriva

Also Mentioned on This Page

Henry Clews & Co Sugar Trust Messrs Bempil Hector Havemeyer Eastern Electric Cable Company Lehigh Valley Railroad Company Western Union Telegraph Company Minnesota Iron Company American Bell Telephone Company Fennessy, Armstrong & CO State Street Fiske Messrs. Blake Boissevain & Co A. Boissevain & Co Amsterdam John Berenberg Gossler & Co Hamburg Germany Oregon Short Line Utah Northern THE LEE Mghson & CO Boston 246 Ihington St Geo. Leonard First Mortgage Waut Street Northern Pacific R. R. Company Consolidated Northern Pacific R. R. Consolidated First Mortgage Trust E. Rollins Morse & Brother Brewster Cobb & Estabrook Tower, Giddings & Co Lea, Higginson & Co Kidder, Peabody & CO Devonshire St Boston, Mass Wall St Baring Brothers & CO Europe Philadelphia F. W. Prescott & CO. Bankers and Brokers Perkins & Mott Broadway St Louis J. & W. Seligman & CO Broad Street Boston Stock Exchange F. Wee & Co Devonshire Street Gething Electrical M’t’g Company Bee Union Electric Lar Seser Ba Electric Safety Company Essesseee Thomson-houston Company Thomson-European Electric Welding Imp Rg. G. M Pid.inc A PLC. & P. Ae Pec. C Bs. A Assesdese Cave Soca Quicksilver Bo Odal Eee Eccrace Eee Banta Tamarack Dass - Land Companies Anniston City Aspinwe Ll Boothbay Ser Wy Ee Boston W Boylston Street Brookline Campobello Cutler Bay Oe Lamoine Newport Parson Serene Ae Petit Menan Eereesesenee San Diego Winter Harbor Wollaston Do Gen. Mort O Inc T, & Pac Do Inc Bos. & Mout U, Gas Weneennes D. D Yas Wis Lans K. K.U M. Jay K. C St. L Seuss Uoe Do 2d Inc Eng P. D.C L. C Pacific Central Iowa Rutland Central Pacific Ches Ohio St. Jo G.I Union Pacific Neers Chi Alton Boston & Albany del, & L. Bs Boston & We Boston & Maine Boston & Providence Brokers’ Board Cal Southern Central of Mass E.eees Ene Goplesseeereese Sveesess Seeeees Enee Sane Teae Cheshire Eweeeseese CG Degen Nes Bell Tel Wee Enon Enee Cleve Canton Jetta Seer Ab Bev Seereeree Col S Hcn Ceesreesvees O Fey Del Ins. R. of Fitchburg Cs Ee Ry. M.com Werner Acon Eeee Ull Egon L. & T Brees Ken Ck M. Tell Ren Aese Sane Jonson Pho. OY CO Maine Cent Ae Renchman's Bay Seers A. Do Press Bvo Pigebor Old Colony Saco & Ports Aston Uheree Rave G. BF. & Conway Wee Aeee Reese Wee Aeee Reese Se Ee Bmthwestern, 1600: A. Lly Uy, 112 1123 Seer Ld Hino Ty Mininz Vie Sae S Taye & Mont Nash Bell Nover Mining Cess Pete Earsarge Mining Ceola Mining Eastman Ymarack Mining Ay Mining Phonograph Toy Mfg Ae W Ashington Mintog Pallman Palace Car Co Mgon Store Ser, CO Pneumatic Tool Co PAC Seeees Bay State Gas San Cle Brunawick Macanese Seve Canton Pfd Burton Stock War Atchburg P Sear Sete Seer River KR Fort Wayne Manchester & Lawrence Mt. Desert & East Shore Illinois Steel CO Peter Malden Electric CO L. Seer Ge Teas Sane New York Tes Teh Ae Ww Aco & BS Thomson-Houston Elec Brunswick Ullman Palace Enee Union Pac Illinois Coal Peewee Eee Prune “Mail Eas Plain Pall. Pal S .Gulf Wilson W. Vay 2 Co Teme C. & L Sugar Tr Don Enrique Pea Catalpa Boston Sweet Eeeere Burton Stock Co Saat Det Atlantic Mining Boston & Mont Utte & Boston Mining Atalow Mining Cinte Isilver Ranklin Mining Sceola Mining SoreGcrae N. W U. Hac Uta Fe Mining Ee W. Shore Amarack Mining U.N Se W Atlantic & Raat O. Nav Mening Merchants’ Bank Eoneeeesee Ld Aeocneece Ulg Alloue Eeeeree Mechanics’ Bank Sen Shoe & Leather Bank Mise C Eeee $ Atlantic Bank Brunswick Con Bank of North America Ontario Flint & Vere Mar North Bank Charles River “Bank Cambridge Phoenix Arizona Sufolk Bank Sierra Nevada Summit EL Cristo Sutter Reek Nashua Mant, Co York Mant Cin Edwards Co Middlesex Cossete West End Street ‘Rr Old Colony BR Seeee MA Rutland BR San ‘Francisco Fitehbuik RR Pisaipeat RR Alloucz Ase Sand. & Levé Mont Fayne Coal & Tron Hecla Reece “Sutton Hole Cos Case McKay & Bigelow Heel Mach Asio Va Central Cambridge Lyce Bos Stora Warehouse Co Dana Roc’ Fing Co Dunkin Boston Athenium O* Franklin Little Rock & Ft. Smith Short L Utah Nor Nc City Mem Atch Neb. R Eng. Tel. & Telez Pullman Palace Car Co An, Mem Ont Ygi NEW York Financial
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