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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

Jun 29, 1889

Page

6

Money Market Mixed with Rail and Utilities Updates

Boston money market holds steady with general loans at 3% to 4% per annum, country banks discounting mercantile paper at 5 to 6 percent. July disbursements total $110 million. bond offerings $35,000. Atlantic & Pacific and Wisconsin Central movements noted. West End Street Railway taps Thomson Houston system. contract promises rapid motor output and cost efficiencies for city transit.

Boston New York Chicago St. Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Cambridge Blake Bros. & Co Reichsmarks Lazard Freres Kidder, Peabody & Co France Atchison Wisconsin Central Topeka Kan Bays

West End Company adopts Thomson Houston power for improved transit

The West End street railway will replace all non Thomson Houston motors with Thomson Houston equipment and retain oversight to ensure good operation. The Cambridge line record supports first class service, with electricity cutting operating costs and offering faster, cleaner, more capacious cars. Speed will vary by safety, but fifteen to twenty miles per hour is feasible outside crowded areas. The two firms aim for a harmonious, world leading electrical railway system.

Flint Pere Marquette Union Pacific Chicago & West Michigan Kansas City Fort Scott West End Thomson-Houston Thomson-Houston Company Thomson-Houston Electric West End Street Thomson-Houston Electric Company West End Lane Company Lynn homson-Houston Company West End Company Thomson- Houston Cambridge Standard Oil Atlantic White National Lead Trust Kentucky Oil and Gas Company of Louisville Southern Oil and Pipe Line Company Frenchman’s Bay Land Company Sorrento New Orleans J. Wesley Kimball Illinois Steel New York North Chicago Rolling Mill Union Steel Company Joliet Steel Company Finois New England Boston New Bedford North Chicago & Eastern Illinois Porter-Flower Party

Dividend Declarations By Several Rail and Corporate Firms

The St. Paul and Duluth road declares a 2 percent quarterly dividend on preferred stock payable July 16 with stock of record June 27. Vermont Valley Railroad 3 percent and Androscoggin Mills 5 percent. Worcester Safe Deposit and Trust 2 percent quarterly. First National Bank at Easthampton 3 percent semi annual. International Trust 3 percent semi annual with $100000 to surplus now $600000. Lake Shore and Michigan Southern 2 percent semi-annual. New York Central and Hudson River ee percent quarterly. Canada Southern 14 percent semi annual. Michigan Central 2 percent semi annual. Delaware, Lackawanna and Western 1 percent quarterly payable July 20. Burton Stock Car 8 percent semi-annual on preferred stock payable July 1, 1889.

St. Paul Lake Shore & Michigan Southern Railroad Company New York Central & Hudson River Railroad Company Canada Southern Railroad Company Michigan Central Railroad Company Delaware, Lackawanna & Western Railway Burton Stock Car Company Echicjil Franklin Lamoine Payson Penobscot Sullivan Topeka West End Winthrop Wollaston Atchison Lojl Pac L. G Co Bee Neos AG Chi. Kan Pha Inc Ee C D.D K. C K.C M. Gs Central Cou Do Inc Y.&n Senico P. O'R Oregon L. G. Con Ics E Col Sp & Cin L. & Neee M. Cowl Ak Frss Gugt K.C Lh. M Maine Central Norther Oldy Colony Rutland Summit West Ind Wisconsin Central M. Bell Eeae Ochica T&s Fecoltris B&n Eastman Car Lamson Store Ser Eae Glyyye CK & Ine Ee Ee Pullman Palace Car Co Ee KR Ma& Bga Seem FIS M. Pneumatic Tool Co Iurten Tees Boston & Liverpool Co Loys of & L Cham Lynn & Boston Railroad Isu Oregon Miaiden Electric Co Thomson-Houston Elec Lube Aspinwall Land Osten Water Power Eeee Do Klee Cutler. Lo Trust Kfrenelian Bay ‘Land Ind Tance Eulesh Wiaie Atlantic Mining Steel Bi Hholmson Lee Welding Oso Cal & Hecla Mining Westinghouse E ‘Lee Fay Windis James Co Ates F At & Pac Old Colony M. A & P Inc Cy Ith Wbs Fes & Guf Viex Cent Lamson Becher Gilgbaston Lee Newport Land San Diego Land Weat End Land Ee Athaniie Cal & Hee Frankin Norte Santa Be Tamarack Ch & West M Fts& M West End 7 Pd. Ibe . Solyg Wis Cent Fete Edison Desert & Ewat Land

Atlantic and Pacific Rail Road Company Stock Transfer Notice

The general offices will move to 45 Broadway New York on July 1 and all transfers of capital stock must be presented to United States Trust Company at 45 Wall Street New York. J A Williamson President. Boston June 18 1989.

Broadway New York N. Y United States Trust Company of No. 45 Wall Street

July Investments and Bonds Across Cities and Counties

Listing of municipal and county bond investments in July including New Haven St Paul Helena Mont Terre Haute S St Paul St Louis County Chippewa County Junction City Bozeman Finney County S Omaha Kidder County Madison Township Mansfield Charleston Laramie Hutchinson Converse County with bond amounts and sale notice. Applicants are instructed to send for July Bond Circular.

City of New Haven Conn City of St. Paul City of Helena Mont Terre Haute Ind W. Co City of S. St. Paul St. Louis County Chippewa County Mich Junction City Kan City of Bozeman Mon Finney County Sioux City Omaha Corn Belt Ballou Devonshire St Equitable Building Boston

Boston Stock Exchange Auction and Quotations Report

The page compiles June 28 stock quotes from the Boston Stock Exchange and New York market, listing sales, prices, and corrections. It includes mining and manufacturing firms, numerous railroad and bank securities, and auction sales details for Charlestown and Boston area entities.

Boston Stock Exchange

Investment Co Mortgage Offer Promises Safety and Returns

The Winner Investment Co advertises mortgages at 260 dollars and up with semi annual interest, 40 percent basis-purchase money, full guarantees, and 25 percent special deposit with American Loan and Trust Co. They claim an 8 percent net to investors, quotes prompt payments, and note no foreclosures to date. Correspondence is solicited for pamphlets and circulars.

American Loan and ‘Trust Co Winner Investment Co

Market summary from London and Paris notes

London brief notes show Atlantic and Western firsts at 2976, Canadian Pacific 57, Erie 275% and 105% for Erie seconds, Mexican ordinary 52, St Paul 72, New York Central 11042, Pennsylvania 52, Reading 2448. Money 2 percent, open market discount 134 per cent, three months 1 per cent. Paris advices quote 3 percent rentes at 84 francs 46 centimes.

London Great Western Canadian Pacific Erie St. Paul New York Central Pennsylvania Reading Paris

Mining stock closing prices on San Francisco market

The official closing prices of mining stocks in San Francisco on June 28 show varied values for several properties including Crown Point at 2.65 and Union Con at 3.20, with other listings such as Potosi 1.60 and Sierra Nevada 2.25 among the noted names.

San Francisco Cal Beat & Belchtér Potosi Cho E Savage Sierra Nevada Crown Point Union Con Gould & Curry Moxcor Secee Ing Chi Gas '‘Trust Sra Sugar Trust R.G R. G Ieee F.C Er. Friends P.O G Tex. P. L. G Union Rex P. RG. Nd. C U. Pac O-Zusy W. Shore N. W iMut Cron Cc A Occidental Wolk Ontario Quicksilver Con Cal&va Tiapref Eurexa Gould& Curry Homeslake United Copper

New York financial markets ease with dull stock session

Money on call easy at 2 to 5 percent last loan 2 percent. prime paper in demand though banks retreat. Government, railroad bonds steady. stock list weak after noon with declines in Lake Shore Lackawanna and Atchison. New England strength spurred activity. total sales about $1,239,000.

New York Prime Mercantile Sterling Exchange Lake Shore Lackawanna Atchison St. Paul Reading New England Jersey Central Ohio Southern Iowa Central Peoria Decatur & Evansville Richmond & West Point Trust Milwaukee & Northern Kansas & Texas Mobile & Ohio Toledo Ann Arbor North Michigan Wabash

Semi annual dividends payable in July 1889

Compiled for the Boston Post by J G Martin. Dividends due in July 1889 payable in Boston or as stated. Includes large maturities and new interest, with Massachusetts bonds maturing in London and sinking funds able to meet maturing indebtedness. Also notes first coupons and quarterly dividends on various bonds and trust securities.

Wisconsin Central Railroad Henry F. Spencer Boston State Street John A. Stewart Boston Post J. G. Martin London American Bell Extra Calumet & Hecla Burlington & Missouri Dixon & Peoria Ionia & Lansing Mansfield & Framingham Massawippi Massachusetts Commonwealth New State House Boston United Gas Company New York Boston & Providence Old Colony Atchison Atlantic & Pacific Trust

Also Mentioned on This Page

Santa Fe Railroad Company Kansas Missouri White Chicago, Burlington & Quincy Atlantic & Pacific Chicago, Kansas & Western Wisconsin Central Securities New York & New England Housatonic Watson & Gibson Chicago & Eastern Illinois Common A. L. Day & CO Adams, Blodget & CO Congress Street Brewster, Cobb & Estabrook Bankers Atlantic and Pacific Railroad Company J. A. Williamson City of Cincinnati City of Detroit Boston & Lowell Fitchburg RR Kansas City Cable Rd Naumkeag Street RR Nassau Street N. W. Harris & CO State ST Monroe St der, Peabody & 0 Union Pacific, Lincoln & Colorado RY Union Pacific Ry. Co Fitchburg RR. Ce Ksou Tarch Naumkeag Street RY. CO Saleu Mass Cleveland Ohio East Saginaw Wiishigan Ito Jarvis Conklin Mortg. Trust CO Boston Safe Deposit and Trust Co Henry J. Nairo Kansan City Nat Lead. Trust Cess Brokers’ Board Miscellaneous Stock Exchange Wilson W. Fay & Co DADRA Ceci S Oebsig Co Eal Harvard Lang Ois Iiss Givin Argue Boston Water Power Lday Wee Charlestown Oy Athe Bae Joston & Lowell Rae National Exchange Bank Loston Con‘orn & Montreal Prof National Webster Bank National Hide and Leather Bank Tremonti National Bank Manchester’ Mills National Revere Bank National Hide Andether Bank Freeman’s Nationyrd Bank Reece Buttonhole Machine Co Denison Land and Investment Co Ogdensburg & Lake Champlain &Kr Boston & Maine RR Boston & Colorado Smelting Co State National Bank Barre & Gardner Boston, Barre & Gardner Concord Montreal Consol, Mort Security Investment Co Yankton, Dak New England Mortgage Eee Co Lincoln & North Western RR Burlington & Missouri River RR Androscoggin Mills Boston & Providence RR Lombard Investment Co Mass. Nat. Bank Nat. Bank Boston Mill.Co Do Amory Manufacturing Co Nat. Bk Atlantic N. Bank N. Bk Do Appleton Co Chi, Burl. & Northern KR. Co Kansas City, Memp, & Birmingham RR. Co Atlantic Mutual Scrip Freeman’s N. Bank Lowell Mfg Ry. Co Washington American Electric Mfg. Co American Hell Telephone Co New Yorkstook Alt T. H Aw & Pacific BL & Air L. Pref. Ener Can Pikes St. L Ches Chiev O Chi ASN . E Del del. & L VOLO Govewe Sss Fort Wayne Louston Og L. &W Lusly Long Island Ous. & Nash Gulag Ouis N. A Man Beach Minn St. L Wessex NYG & Sts N &N.E Ohie & Miss Anya Dei West Soar & I Ritteburg Kendt Ag. Te Chae Rock Island Rome Utica & B. K Stl. P Pullman Pal W. Union Ghia American Oil Seventh Street Syndicate Busines William H. Parmenter Bankers Devonshire Street Nassau Ste Messrs Baring Brothers & Co Europe California British Provinces Philadelphia Ballou State Iowa Foreign Financial NEW York Financial Wisconsin Central Rail THE Eastern Banking CO Milk Street Francis A. Osborn T. Merrihnew J.C Davis & CO School Street Fort Payne Coal & Investment Co Denison Land & Investment Co Steadman & Kellogg Wisconsin Central Company All Street James B. Colgate & Co Staite Street Milwaukee & Lake Winnebago RR Register Joan Jeffries & Sons Eee — Ee Jsonia and Lansing Railroad Company Second National Bank of Boston Sears Building Charles Merrtiam Detroit, Lansing & Northern RR. Co Sheldon Marble Company Grove National Bank John A. Sulldon James F.C. Hyde Milk St
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