Money Market in Boston Shows Easier Tone and Gold Flows
Boston money market eases with ample Clearing House funds and loans at 4 1 2 to 6 percent. New York and foreign exchange steady. gold shipments to Europe reported as part of a broader export movement. Market dull with bullish pockets in copper and Atchison equities amid dividend notices and railroad earnings updates.
Oregon & Transcontinental bond exchange offer 1890 plan
The Oregon & Transcontinental Company announces redemption of its 6 percent first mortgage bonds on November 1, 1890 at 105 percent plus accrued interest. Bondholders may exchange for Northern Pacific 5 percent bonds via Drexel, Morgan & Co. at 105 for O T bonds vs 92 for NP bonds. Exchange ends July 15, 1890. By order, Cornats Hoyt, vice president. New York June 11, 1890.
MENTIONED IN THIS ARTICLE
Oregon & Transcontinental Company
O. & T. Company
Messrs. Drexel, Morgan & Co
Northern Pacific R. R. Co. Consolidated
Northern Pacific
Northern Pacifics
Northern Pacific R. R. Company
Consolidated
Drexel, Morgan & CO
North American Company Proposed From Oregon and Transcontinental Co
Henry Villard announces reorganization of the Oregon and Transcontinental Co into a New Jersey based North American Company. The plan exchanges 400000 shares of par 100 for the existing stock, with 400000 shares outstanding and a $40000000 authorized capital. The new firm aims to finance railroads and electric light power, with近 ties to Edison General Electric and Thomson Houston.
MENTIONED IN THIS ARTICLE
Northern Pacific Railroad Company
Messrs. Drexel, Morgan & Co
J. 8. Morgan & Co
New Jersey
North American Company
New York City
Europe
Edison General Electric Company
Thomson-Houston Electric Company
United States
Henry Villard
New York
Quotation and Bond Exchange Details on Northern Pacific Bonds
Drexel Morgan & Co and partners announce corrected quotations from the Boston Stock Exchange for the Northern Pacific R R Co operations. They outline ten months ending April 30, 1889 and 1890 earnings, expenses, net earnings, surplus, miscellaneous income, and suggest exchange of Oregon and Transcontinental Co bonds for Northern Pacific Consolidated Mortgage bonds at their offices.
MENTIONED IN THIS ARTICLE
The
Boston Stock Exchange
Oregon & Transcontinental Company Mortgage Trust
Northern Pacific Rk. RB. Co
New York Finances Show Easy Money and Stock Dulling
In New York June 18 money on call eased to 4 percent with primes at 4 to 4.6 percent. Sterling exchange steady with 60 day bills at 4.85 and demand at 4.87. Market weakness spread after noon, led by Sugar and Atchison, with Rock Island retreating from 94 1/2 to 91. Reading and Oregon Transcontinentals remained under pressure as losses mounted late, Missouri Pacific and New England slipping nearly 1 percent. Overall near-term decline accelerated, closing weak near the day’s lows while railroad bonds traded firmer in parts and several issues fell.
MENTIONED IN THIS ARTICLE
Inc
St. Louis
San Francisco
Atchison, Topeka & Santa FE
Inccomes
Une
Summit
Oas
Lykens Valley
Chicago
Burlington & Quincy
Cleveland & Canton
Union Pacific
Oregon Short Line
Presient Farlow
Cincinnati, Sandusky & Cleveland Road
E- Company
Bay State
Boston Gas
Addicks
Teutonic
Bell Telephone
Erie
Lamoine
Frenchman’s Bay
Thut Sullivan
West
Franklin Park Land & Improvement Company
The
Stock Exchange
Lake
Boston & Montana
Butte & Boston
Butte & Ton Mining Company
Bruckner
Comany
Centennial
Vivian
Tamarack
Advancrdd
Central
Vincy
Atantic
Allouez Ys
Janklin
Kearsarge
Osceola
Allouez
iVs Arnold
Atlantic
Bonanza Development
BK. & Dient
Eueneee
Butte & Bosto
Cal. & Hee
Franklin
Hanover
sTige Napa
WBC
Santa Ke
Vgu
Yamarac
Washington
Land Companies
Anniston City
Amdinwall
Mooumday
BOBO
Noston W. Senor
Eeeee
Lamoiie
Aeeereee
Boc
Mavelick Peeeee
Nowdpotl
Ceeeeeeereene
Pavsod
Eee
Atchison
Aera
West Ind
St.l
Oe Iy
Wollaston
Central Iowa
Central Pacific
Nee Os
Bell Tel
Ches
Ohhio
Paul
Chi, & Alston
Inort
Do Inc
Sane Alt
Bac
Luszt
Loly
Anee Abi
Eee Bos
MOUL
Eeesee Ee
Bos
U. Gas
del. & L
Q. Cou
Green Bay
Cope
Do Wis
Kan
Tex
W. Mich
Kings
Pei
Lake Shore
Ist
Long Island
Cnc
K. C
K.C
BUS. & G. TA
K. U
J. & Cyb
Seer Sane L. Ie & Kt
St. L. Lin
Lovans
Mo. Pacific
Nor. Pac
Pacific
Ae Nual Sone Og
L. C. Con
Itis
Oregon
Sneer
Anne
Uys St Jo
G.I
Ohio
S. F
Baia i
Boston & Maine
Boston
Providence
Cal
Southern
FAY Central of
Mass
St .Paul
Cheshire
W. Mie - Slouthern
At & 1
Boston Stock - Exchange
Cleve & Canton
Sullivan Harbor
Col
A. Oe
C.C
West End
Sceceeevens
Lin Coun Itiver
Winthrop
L. Ee
Mmonee Mining
Waoh
Arno
Fitchburg
Flint & P.M. Com
Covesees Ee . Ver
Raewee
Doos. Eee
Boston & Mont
Gulf
Brunawick
Ceserveeres
Old Colony
K4to Petroleum
Wene
Dana
Abc
Saco & Ports
Yi Cc. &L
Quincy
Wisconsin
O. & Trans
Santa Fe
Ra - D
Lsts
Nash. & Noch
Krie
Cence Neues
Eseseeeeevenes
Boston & Prov
Boston & Allianee
Ewan
Eastman
Ar Theater
Reese QL
Mists
Phonograph Toy Mfg
Lamson Store Ser, CO
Cleve. & Jantor
Vullman Palace Car Co
Union Stock Yards
N. Inex. Y. RG
Fitchburg Pftd
Cotton Oil Trust
Pneumatic Tool Co Os
J . W. Ist
Lozig
A. Burton Stuck Car
Seatane
Chi
Boston & A
Allen
Tn T
Alta
Fort Wayne
Illinois Steel Vo
Phoenix
Arizona
Mt. Desert
East Shore
Boston Opied Gas
Malden Electric Co
Vallymouth
Bar
Mo. N
New York Wespatch Co
Gould & Curry
Hale & Norcross
National Lead Trust
Chi. M
Nat. Tel. Mf. Co
Hocking Coal
Sutter Creek
Utah
Sessaes Ous
Sugar Refineries Co
Uis
St. Leo
R. Thomson-Houston
M. & Birm
Kruns. Co. of
Georgias
Westinghouse Elec. Co
Lamson
Bly Winnisimmet Co
Aspinwall Land
Bostowater Power
Lanoine
Frenchman's Bay
Wilson W. Fay ‘& Co
State Street
ODDO
Ceereeeronnes
Merle Button
Alloues Mining
Eastern Land & C
Seeaee
Woburn St
Sutte & Boston
San Miguel
Newburyport
Amesbury T RR
Pneum
Edison Phon
Blexican Telephone
Ceeeeiseerrree
New York
Prime Mercantile Paper
Sterling Exchange
Rangers
Rock Island
Sugar
Reading
Missouri Pacific
New England
Bears
Lhe
Hocking Valley
Ohio, Indianas& Western
Foreign Financial Reports Summary from London Markets
London June 18 advances show Consols at 9 7 16 for money and 9 7 for account. Atlantic and Great Western firsts quoted 41 4?8, Canadian Pacific 85, St Paul common 71 8%, New York Central 113 4, Reading 23 5%, Mexican Central 4 9 7%. bullion withdrawn from Bank of England today totals £270000.
MENTIONED IN THIS ARTICLE
London
Atlantic & Great Western
Canadian Pacific
Ene
Erie
St. Paul
New York Central
Reading
Mexican Central
Paris
Atlantic
Great Western
Canada Pacific
Erie Seconas
Pennsylvania
Mexican Central News
Bank of England
Commercial Matters and City Horse Market Report
Weather and market notes show firm prices for butter cheese eggs and hay with steady or quiet demand. City horse market reports a steady to brisk week with many sales, high prices for quality drivers and ponies, and several stable sales totaling around 200 head across multiple houses.
MENTIONED IN THIS ARTICLE
California
Walker's Bazaar
Moses Colman & Son
Atsburgh & Co
New York
LH Brockway
Welch & Hall
Leather trade shows strong demand and foreign buying headway
The leather market remains firm as foreign buyers acquire large lots and reduce domestic stocks. Prices for Buenos Ayres, Montevideo, and buff leathers rise modestly while grain and glove leathers see steady demand, with exporters seeking No 1 and No 2 grades and finished splits selling briskly to abroad. The boot and shoe trade notes limited change but an overall upward price tendency driven by tighter stock and active fall production.
MENTIONED IN THIS ARTICLE
Arnold
Huron
Calumet & Hecla
Catalpa
Crescent
Lenaville
Keweenaw
Sugar Trust
Court of Appeals
Boston News Bureau
Board of Trustees
William Havemeyer
Senff
Charles O. Foster
Boston
New York
Buenos Ayres
Montevideo
California
Lie
Rio Grande
Flour and Meal Trade Receipts and Prices
The past two days saw receipts of 6315 bbls and 8475 sacks wheat flour, 120 sacks oat meal, and 1265 bbls cornmeal. Demand is moderate, prices firm, holders unwilling to shade views. Quoted: Fine and superfine 225,376 dollars, extra and...
Also Mentioned on This Page
Boston Investment
Washington St
Eereeereneees
Geo. Leonard
Clearing House
Telegraph
New Orleans
Bank
Charleston
Savannah
Reichswarks
Reichsmarks
New York Sun
Germany
France
Egypt
Mileace
Atchison System
Louis & San Francisco
Homestake Mining Company
Edison Genelectric Company
Orwich & Worcester
Railroad Company
North End Ravings Bank
American Screw Company
Wampanoag Mills Company
Fall River
Dissiling & Cattle Feeding Company
Union Stock Yards & Transit Company
First Mortgage
Boston Post
Pontiac
Pas
Atlantic & Pacific
Boston & Albany
Cleve
Canton Central of Mass
Flint & Pere Mar
N.y.&s
Union Pac
Wisconsin Central
Bay Ort Gas
Ill
Fennessy, Armstrong & CO
Fiske Building
OF the
St Louis
Atchison, Topeka & Santa Fe Railroad Company
Atchison Company
Vicinity
Messrs. Kidder, Peabody & Co
J. & W. Seligman & CO
Mills
Broad Street
Sioux City
Iowa
Uy Ist
John Eaton
Equitable Building
F. W. Prescott & Co, Bankers and Brokers
Devonshire St
Philadelphia
Perkins & Mott
Broadway
Oregon and Transcontinental Co
Kidder, Peabody & CO
Boston, Mass
Wall St
Messrs
Baring Brothers & CO
Weeks
Congress Street
BOA
A. T
S. Fe
Boston United Gas
Eastern
SG. L
St. L
Cenkist'ine
Utah Union Pac
Wis
Ain
Kell
Aie
Hexic In
Ee Bruns. Co
Georgia
Boston Land
Hoston Water Power
Lamoine Land
Newport
Shange
Wall Street
Northern Pacific R. R. Consolidated
E. Rollins
Morse & Brother
Brewster, Cobb & Estabrook
Tower, Giddings & Co
Les
Miscellaneous Stock Exchange
Pr Tex
Devonshire
Eastern Electric Cable Company
Getbing
Compan
Union Elestrig Car Company Electric Safety Company
Thomson-Houston Company
Oes Thomson- European Electric Welding Co
NEW York Financial