Money Market and Stock Movements Reported in Boston
The Boston money market remains dull and easy with minimal rate shifts. Clearing-house transactions show 1 percent, while general time loans run 8 to 5 percent. call loans with collateral at 2 to 3 4 percent. Bond offerings totaled 106 550 dollars with 4s at 130 and 4% bonds at 108. The local stock market opened modestly active then closed fairly steady with notable moves in Atchison, Union Pacific, Wisconsin Central, and various western and mining issues.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Secretary of the Treasury
Boston Bank
Dividends Declared by Several Railroad and Industrial Firms
The Boston and Albany Railroad declares a dividend of $2 per share. Fall River Bleachery proclaims a semi annual dividend of 4 percent. Catawissa Railroad declares a 342 percent dividend on preferred stock. Union Stock Yards and Transit Company of Chicago pays an extra dividend of $1 per share on June 1, first extra this year after February omissions in 1889.
MENTIONED IN THIS ARTICLE
Boston & Albany Railroad Company
Fall River
Catawissa Railroad Company
Union Stock Yards and Transit Company of Chicago
Stockholders urged to back policy at Oregon and Transcontinental meeting
Henry Villard Charles L Colby and Colgate Hoyt of New York seek proxies for the Oregon and Transcontinental Company’s June 17 1889 meeting in Portland Oregon. They aim to elect directors who will prevent clashes among Northern Pacific Union Pacific and Oregon Railway and Navigation and to secure a six percent dividend and a permanent settlement of relations among Pacific Northwest railways. Proxies may be sent with substitution power and note that later dated proxies cancel earlier ones.
MENTIONED IN THIS ARTICLE
Atchison
Closs
Board of Directors
Atlantic & Pacific
Chicago, Burlington & Quincy
Shorts
Union Pacific
Wisconsin Central
San Luis Potosi
Kansas City
Fort Scott
Memphis
Clinton
Springfield
Chicago
West Michigan
Detroit
Lansing & Northern
New York
Villard
Henry Villard
O. T
Roxy
Oliver Ames
Massachusetts
Smiths
U. P
Elijah Smith
Willard
Boston News Bureau
Oregon
Oregon Navigation
Forth
Europe
Sonora
Calumet & Hecla
Tamarack
Quincy Mining Company
Quincy
Charles Raht
Messrs
Lewisohn Bros
Portland, Or
Northern Pacific Railroad Company
Union Pacific Railway Company
Oregon Railway and Navigation
Oregon Railway and Navigation Company
Washington Territory
Pacific Northwest
St. Paul, Minneapolis & Manitoba Railroad Company
St. Paul, Minneapolis & Manitoba
Charles L. Colby
Colgate Hoyt
Letters of Credit Issued Available Worldwide
A notice announces that letters of credit are issued and available in all parts of the world. Banks offer these instruments for international transactions, confirming payment terms and security for exporters and importers alike.
New York Financial Markets End Mixed With Northern Pacific Rally
Money on call easy at 1 to 2 percent with last loan at 2. Prime mercantile paper 3.5 to 4.5 percent. Bar silver 92. Sterling dull at 4.87 to 4.88. Government bonds steady. railroad bonds quiet but firm. Northern Pacific stocks became a feature late, lifting common and preferred. Trading volume about 1.7 million, with notable gains across several issues and mixed list movement.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
Sterling Exchange
Oregon
Chicago
Northern Pacifics
Duluth, South Shore & Atlantic Firsts
Chesapeake & Ohio
Chicago, Burlington & Northern
Co. C
C. & L. Congors
Ohio, Indiana & Western
Mobile & Ohio New
St. Louis & Cairo
San Francisco
Financial Market Report From London May 20 Market closes varied
Consols quoted at 991 16 for money and the account United States 4s at 132 Atlantic and Great Western firsts at 8244 Canadian Pacific 574 percent Erie 28 percent do seconds 106 percent Illinois Central 11744 St Paul common 704 New York Central 109 Pennsylvania 54 38 Reading 23 bits Mexican Central firsts 73 4 Money 134 1 percent 1 30 p m Paris advices 3 percent owch at 87 francs 5742 centimes for accounts The Bank of England bullion balance today is 131 000 pounds.
MENTIONED IN THIS ARTICLE
Allonez
Voc Arno Eens
Ewe
Eae Eee
Bonanza Devel
B. & Monter Eteeraee
Butte & Bostonseeescvesse Ee Cal
Hecla Ee
Sevncgla
Catalpa Ee
Lie Crescent
Escees Seuescess
Franklin
Esac Sestes
Huron
Ironton
Kearsarge
Aspinwall
Eves
Boothbay
Bosto Seer
Boston
W. P.c
Boylston Street
Brookline
Campo' Ello
Payson
Penobscot
San Diego
Sullivan
Tougea Oss
West End
Winthrow
Wollaston
Sesenss
Atchison
Seeeer
L. G
Isis
Do Inc
Goa
N Bs
Kan
W. Mich
D.D
Elk Bi
K. c
S.J
C. i
N. F
Fein
Nor. Pac
ALF
Oregon
L. C. Con
A. V
Rutland
Southern
St. Jo
Union Pacifica
Wis
Ieee
de Inc
Ae Companies
Atch
Top
Osae
Atlantic
Boston & Albany
Boston & Lowell
Boston & Maineé
Boston & Prov
Cal, Southern
Mias
B&q
Cleve
Canton
Caereee
Col
Sp. & Cin
L.&n
Easten
Fitchburg
Flint & P. M.com
LL. R
Ft.s
L. E
St. L
Maine Central
Entral
Ola Colony
Sumratt
Union Pacific
Ewes
Wisconsin Central
Amell
Erie
Lamson Store Ser. Co
Tee
Aneumatic Tool Co
Kurton Stock Car Co
Boston & Liverpool Co
I Lynn & Boston RR
Lynn Gas & Electric Co
Mt. Desert
East Shore
New York Despatch Co
North Chi. Relling Mill
Sugar Reineries Co
Thomson-Houston Llec
Do Frust
Vastsnen
Westinghouse Elec. CO
Winnisimmer Company
Miscellaneous Stock Exchange
London
United States
Canadian Pacific
Illinois Central
St Paul
New York
Paris
Bank of England
Northern railroad reports gains and survey plans for Franklin Wilton link
The forty fourth annual Northern railroad report shows dividends paid and a year end balance. It notes surveys for a Franklin to Wilton line and ongoing settlements with Concord, with no action yet on connecting with other railroads. It also lists a detailed trial balance and notes from other railway topics and executives.
MENTIONED IN THIS ARTICLE
Northern Railroad
Boston, Concord & Montreal
New Hampshire
Franklin
Wilton
Concord
Messrs. A. P. Carpenter
John S. H. Frink
James R. Kendrick
Concord & Claremont
N. H
Cashier in Trouble in Mutual District Messenger Case
William B. Derby cashier of the Mutual District Messenger Company was arraigned in Municipal Court on embezzlement charges totaling about $10,000 to $20,000. Held in $20,000 bail awaiting grand jury action, with suspected three year period of peculations tied to bills for Western Union Telegraph Company. Derby, 45, with five children, had modest earnings and prior service with related firms. authorities cite stock speculation and real estate investments as context.
MENTIONED IN THIS ARTICLE
William B. Derby
Mutual District Messenger Company
District Messenger Company
Western Union Telegraph Company
Derby
Roxbury
Mutual Union Telegraph Company
Atlantic and Pacific Telegraph Company
Harn
Mutual Union Messenger Comany
Hern
Wheat and market trends in May Chicago dispatch
In Chicago on May 20 Wheat showed strong early as local buyers drove July to 7 75% amid export rumors and a shrinking visible supply, later pressured by resales and bear selling. Corn remained dull yet steady while hog receipts stayed light and prices rose slightly. trading ended near day lows with provisions weak.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Boston
Lisbon
Gilman, Cheney & Co
New York
Prohibition State Central Committee Reorganizes
The Prohibition State central committee met at No 36 Bromfield street with wide county representation. Melvin H Walker presided and E F Stevens served as secretary. A state organization plan was adopted and Worcester convention date moved to Sept 4. A resolutions committee was named for C B Travis of Natick.
MENTIONED IN THIS ARTICLE
Prohibition Organization
Prohibition State Central Committee
Bromfield Street
Melvin H. Walker
Westboro
E. F. Stevens
Everett
Worcester
J. M. Gray
E. Trask Hill
Boston
E. B. Saunders
Natick
C. B. Travis
Boston Towboat Company lowers unloading rates at East Boston wharves
Reduced pay for wheelers and shovellers at Boston & Albany wharves led Bernard Deering workers to refuse shifts yesterday as Boston Towboat Company takes over the contract. New rates set at 80 cents per hour for wheelers and 40 cents for shovellers. Company plans to hire new staff to replace the missing labor. No disturbance occurred.
MENTIONED IN THIS ARTICLE
Boston & Albany
East
Boston
Bernard Deering
Boston Towboat Company
Take Care Beware of Pedlers in Place of Yearline
Local alert warns residents to beware pedlers selling dangerous articles in place of Yearline. Police urge caution and report any suspicious activity to authorities immediately.
Commodity Market Roundup From Flour to Molasses
Flour dull and corn easy with oats barely steady. Rye quiet and oats quiet. Burley and millfeed steady while cottonseed meal firms. Hops steady, butter improving, cheese strong, eggs steady. Potatoes dull, sweet potatoes firm, poultry slow, hay active, straw strong. Pork firm, corned beef unchanged, fresh beef easy. Apples dull, oranges in good demand, lemons fair. Dried apples dull, sugars firm, molasses steady. Tallow unchanged.
Print Cloth Market Quiet and Firm in Fall River
May 20 Fall River reports the print cloth market quiet and firm at 3 3/4 cents for 64s. Moderate business is seen as buyers hold prices and sellers stay steady.
MENTIONED IN THIS ARTICLE
Fall River
Wool Sales Opened in Antwerp Demand Stronger for Better Grades
The Antwerp wool market opened with good attendance and active demand. Buenos Ayres and Montevideo prices rose 10 to 15 points, though only about half of 2700 bales offered were sold as sellers held out for higher prices and buyers withdrew. Buenos Ayres 916 bales, 150 190 francs, 100 kilos. Montevideo 252 bales, 160 225 francs.
MENTIONED IN THIS ARTICLE
Antwerp
Buenos Ayres
Montevideo
English Wheat Slumps In Week Of Trade Decline
The Mark Lane Express reports dull English wheat sales at 64,418 quarters for the week, down from last year's 51,834. Flour and foreign wheats fall. oats hold, corn and peas weaken with slight spot gains in corn and a 9d rise for peas and beans. California prices slip from 35s to 33s 9d.
MENTIONED IN THIS ARTICLE
London
Mark Lane Express
California
April 1880 United States port grain and flour totals
Grain and flour movements for April 1880 show totals by port with Wheat Corn Oats Ry Barley and Flour receipts and exports. Major ports listed include Baltimore New Orleans Newport News New York Philadelphia San Francisco and Willamette with mixed shipments and visible supply figures for May 11 May 19 1889 and prior years. Market notes describe flour and corn markets, receipts, prices, and stock levels in New York Chicago Boston and Milwaukee with brief futures activity.
MENTIONED IN THIS ARTICLE
CS Williams & Co
Boston
Minneapolis
Newark
St Louis
Duluth
United States
Bush. Bush
Baltimore
Sss Vas
New Orleans
Newport
New York
Philadelphia
San Francisco
Willamette
Seveese
Chicago
Conde Bawck Cece Eck
Bush
Bush. Busan. Bush. Whr
Ccc
Sce
Sesh
Stecca
Minnesota
Michigan
Canada Superior
Canada
Canada Extra
City Mills
City Mill
Milwaukee
Tosh
Detroit
Toledo
NY & Nerr
Boston & Albany
Hoosac
Peoria
Also Mentioned on This Page
Xynerys
Wssess
Reserve Agenis
Fulton Street
Osceola
Boston & Montara
Boston Water Power Company
Water Power Company
Back Bay Park
West Chester Park
Commonwealth Avenue
Shaw Stocking Co
Lowell
F. J. Dutcher
Wm. F. Draver
J. Herbert Sawyer
Benj. F. Shaw
F. B. Shedd
E. A. Thissell
George A. Draper
Josiah Butler
The
Oregon and Transcontinental Company
Latters of Gredit
Foreign Exchange
Congress Street
Boston Stock Exchange
N. Web
O. Nav
Lran
St 'P
Rees G
U. Pac
W. Shore
Brokers’ Board
T&s EL G
B&n
M.H
Ogd & Lake
Bell
Télewes
Boston Land
Frenchman’s Bay Land
Sullivan Harbor
West Nets
Boston & Mont
Cai & Eee
Vamarack Thee
A. At &Pac
Bbuston & Albany
O- Fitchburg
Putin
Palace Gar
Union
Wis Cent
Lily Witlel & Bi Vcceeescic
Wilson W. Fay & Co
State Street
Fort Payne Coal and Iron
Beacon Electric
Honerine
McKay Heeling Audi
Edison Phone
Toy
Eureka Con Steer Ate
Robinson & Foster Ade Sda
Gray's Dynamo Flec
Burton
Alt
T. H
al & Pacific
B. & Air L. Pref
Roch. & P
B.C
Pacific
Central Iowa
Central Pacific
Ches
Ohio
Chi
Alton
Ly C
Cleve. & Colevsee
E. Jil
del. & L
Den
R. G
Veges
Tom
Fort Vee
Bey Hocking Vai
Hlouston & Texas
Central
B&w
Tex
Kings. & Vem. Ae
Lake Shore
Long Island
Vale
Louis. & Nash
Louis
N. A
Beach
Cess
Ener
Mini
Essex
En &N. Kk
Wes
S. Line
Pitsburg
Rich. & al
Ad R
Sity Rock Island
Kome
Boda Bie
St. Paul
Ie & Bar
T. L. Reee
Nee
Land
Uniga
Eesaeny
Cameron Coal
Sain Rae Bal
Lead Trust
Eeee Llog
Sugar Trust
Reebee
G. W. Iese
N& P. Ats
N.d
N.P
Asven
Ax Est & Bel
Ontario
Bodie
Ophir
Bubion
Piutas
Plymouth
Teenie
Cristo
Gonkia
Sullivan Con
Hale & Nor
Oston Stock Exchange
FS .& Mein
M& B
Bell Tel
Evie Tel
Aspinwall Land
Esee
Lamoine
Cipware West
Cul & Het
Ceeess Koston
Mont
Santa Fe
Ccesseree
C, San & Cieve
Ny&n
Psa. Ee
Edison Phon Toy
Oet Des & East Land
North Chi Rolling Mills
NEW York Financial
Cal
Alta
Nevada Queen
Best &Belecher
Iselle Isle
Ophito's
Sav. Ge. Vee
Con
Cal, & Vaewees A
Xieers
Nevada
Crown Point
Gould & Curry
Hale & Oforonr
Utah
Ceeeee Mono Sans
Foreign Financial Markets
Iowa
Grain Movement
Lehigh Valley
St. Louis
Indianapolis Journal
Toledo, St. Louis & Kansas City
Toledo, Cincinnati & St. Louis
Yoledo
Indianapolis
Central Iowa Railway Company of
Ilinois
Central Iown
Chicago, St. Paul & Kansas City
Stickney
Russell Sage
Keithsburg
Volney C. Malott
Union Railway
Gresham
Chicago & Atlantic
W. 8. Berby
John E. Welsh
Brown Bros. & CO
Louis Courrts
Milk Street
Francis A. Osborn
T. Merrihew
Western Farm Moninganyes
John Jeffries & Sons
Devonshire Street
Southern Enterprise