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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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