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Newspaper

Boston Post

Location

Boston, Massachusetts, United States of America

Date

May 22, 1889

Page

6

Money Market Dull Yet Steady with Broad Rate Range

The Boston money market remains dull and steady with clearing house rates at 1 to 1 1/2 percent. General market time loans 3 to 5 percent. call loans with collateral 2 to 3 1/2 percent. New York funds sell at 10 1/2 to 12 1/2 percent per $1000 discount. Exchange totals and balances rise year over year. government securities stay quiet with 4 percent issues trading around 106 1/2 to 107. The local stock market closes steady after mixed activity in rails, coppers, and land stocks. Atchison stock fluctuates. News on Oklahoma and rail interests hints at future growth and expansion.

Boston New York Chicago St Louis San Francisco Telegraph New Orleans Bank Charleston Savannah Secretary of the Treasury Frances Reichsmarks Atchison Kansas Strong Oklahoma Jack H. H. Stevens Chicago & Eastern Illinois Road Burlington & Quincy Flint & Pere Marquette Preferred Flint & Pere Marquette Boston News Bureau Saygi Port Huron Saginaw Valley Detroit Wisconsin Samuel R. Ainslie Northern Pacific Milier Wisconsin Central Railway Wisconsin Central Hannaford Mich Pennsylvania Railroad Toledo Canadian Pacific Fort Atrest Isaac Jackson Central Iowa Mobile & Ohio New England Bell Telephone House of Representatives Senate Thomson-Houston Electric Company Thomson-Houston Motor Company Maine Spokane Falls Wash Decatur Ill

Ipswich Mills Company stock splits and dividends listed

Semi annual Ipswich Mills Company pays 3 percent. Mining Company 25 cents per share. Homestake Mining Company April 1 Giiao Bartington & Quincy quarterly 1 cent payable June 15 to stockholders of record May 23. Books closed May 24 to 31. Bourne Mill Fall River 1 percent monthly.

Ipswich Mills Company Tay Mining Company Homestake Mining Company Giiao, Bartington & Quincy ySecord Bourne Mill Fall River

Market Quotes and Rates From London May 21

London reports Consols at 99 percent for both Roney and the account. Atlantic and Great Western seconds at 5 1/2 percent and 57 1/2 percent for Canadian Pacific at 28 1/2. St Paul common at 70, New York Central at 109 1/2, Reading at 235, Mexican Central firsts at 73. Rate of discount on open peneses for short and three months bills from 19 1/16 to 15 percent. Paris advices list 3 percent rentes at 7 francs 42 1/2 centimes for the account, with London exchange at 25 francs 20 1/2 centimes for checks.

London Roney Atlantic & Greatestern Canadian Pacific St Paul New York Atral Reading Zem Paris Boston Stoc Saat Bid Anongi Coscesses Seveees Boo Arnold Eeeeeee Atlantic Jaeeiesat Ae Bonanza Devel't Butte & Boston Franklin Huron Santa Fe Aspinwall Boston Boylston Street Brooklinesse Cscs Coseeee Campotello Feeer Newness Eneee French Hkay Eeeteee Ae Maverick C. & W. Tage Ab Con. Vt. &A Bodtseete D.D Re. & Kirk H B.S I. Is K. Cy Glindovic Nor, Pac P. D.O Oregon Rutland Lool Lille Kan Do Tex Do Inc Teeee Sonora Seenve Union Pacific Ils Dos Atch To &Ss Atlantic Pacific Boston & Albany Boston & Lowell Boston & Cee Cal Southern Ecorses Central of Mass Cleve, & Canton, Co. B Col Tass Det Ste Do Fitchburg Rae P. M Gulf B.C. cL&s L. E St. Leese Ummit Brokers’ Board Coe West End Wisconsin Central T&s Bell Eastman Bond Lamson Store Ser. Co Hig Ny&ne Bas Scaled Pullman Palace Nm&s Cotton Oil Trust Neumatic Tool Co LiLy Ae Chi Boston & Liverpool Co Lynn & Boston Lynn Gas & Electric Ms Aee Am Bell ‘Tel Mt. Desert East Shore Erie New York Despatch Co NE Tel Ee North Chi Rollin Mill Eer Lamson Bastman Var Peete Ree Ee Frenchman’s Bay Land Thomson-Houston Elec Do ‘Trust West Ecenee Isis Boston & Ae Cal & Hee Eeenae Premaee Elec Franklin Eee Ree Lu vYs Westin House Elec. Co Geek Winmmet Company C&wmich Te&s F & PM Pfs UN Pac B&n Am Bell Eric Tel Lainson Boston Water Power French Bay Land Boston & Mont Kenursar At & Pac Boston & Maine NY &d Do Puilman Palace Gar Uni Ac West End Bypid Edison Phon Toy Des & East Land Eee Ee North Chi Rolling Mills Oli Thom-Houst Oe Westing Elec Heer Ing Pacific Sear Atchison Aise B. & Air L. Deol Koch Picseacs B.C Central Iowa Central Pacific Ches Ohio Alton E. Or Us & P Cleve, & & Col Chi E. al Fener Rite del. & H del. & L Old Fort Wayne Hocking Val Isi Houston &Texas Lake Shore Long Island Louis. & Nash Louis. & Nee Man Beach Elev St. Liecersee M. S Pho Essex Nash Chat Ae C Ohio & Miss Ua Ont Rock Island St. L St. Pott St. P Ole Utica & B. RR Oregon Lm Pacific Mail Best Pullman Lal W. Union American Oil Bes Perry Coal Tenn. C. & I Sree Chic. Gas Tr Agar Best & Bel Ontario Ic Bodie Col. Coal Quickeliver Ike Con. C. W& Va Cristo Sullivan Con Hale & Nor Hiock Hlomestake

Bonds Secured by Deed of Trust for Farmers' Loan Company

A deed of trust to Farmers' Loan and Trust Company covers the franchises road equipment and all lands of the company. Bonds 81000 each pay interest April and October. Names listed include John I Blair Blairston OsGOOD Wellr N 8 Bentley Jacob Halsted H C Atwood George 8 Coe R B Minturn and others at Albany Oregon.

Farmers’ Loan and Trust Company John I. Blair Blairston Osgood Wellr Bentley Jacob Halsted H. C. Atwood George Coe R. B. Minturn New Yo

Oregon Pacific Railroad Promises New Yaquina Seaport Route

The Oregon Pacific Railroad Company outlines a six hundred mile line from Yaquina Bay to eastern Oregon to create a national connection. Yaquina Bay is pitched as Oregon’s future great seaport with reduced transit distance and cost, timber coal and mining potential, and guaranteed tax terms until 1900. The company reports 136 miles of line in operation, 30 miles in construction, 40 miles ready for rails, and a planned completion by Autumn 1890, with five million bonds issued from a fifteen million plan.

Oregon Pacific Railroad Company Oregon Yaquina Bay Pacific Ocean Oregon Seaboard Oregon Pacific Railroad Willamette Valley Willamette River Albany Yaquina Portland Columbia River Central Boise City Territory of Idaho Cascade Mountains Malheur Messrs. Barker Brothers & Co Philadelphia Oregon Pac Sere Decate Co Y T.E. GG New York

Oregon Pacific Railroad Bond Subscription Notice

The undersigned invites subscriptions for five million dollars of 6 percent gold bonds at par plus accrued interest. Subscriptions open at 10 a.m. Thursday May 238 and close 12 p.m. Saturday May 25. issuer may reject or shorten periods and allot less than applied. Payments: 10 percent at allotment, 45 percent June 15, 45 percent at final payment. interest from date. Copies of Articles of Incorporation and mortgage available.

Oregon Pacific Railroad Company

Barker Brothers and Co and Manhattan Trust Co Sealed City Addresses

Barker Brothers and Co at 125 South Fourth Street Philadelphia and Manhattan Trust Co at 10 Wall Street New York listed in the notice.

South Fourth St Philadelphia Manhattan Trust Co

Stockholders seek proxies to mold Oregon and Transcontinental policy

A letter from Henry Villard Charles L Colby and Colgate Hoyt urges stockholders of the Oregon and Transcontinental Company to vote at the June 17 1889 meeting in Portland for directors who will prevent further disputes among Northern Pacific Union Pacific and Oregon Railway and Navigation Company and seek a harmonious permanent settlement. It calls for funding debt wisely and resisting attempts to reduce rental terms and a coalition with St Paul Minneapolis and Manitoba. Proxies may be sent to the undersigned with substitution power. later dated proxies cancel earlier ones.

Portland, Or Northern Pacific Railroad Company Union Pacific Railway Company Oregon Railway and Navigation Company Union Pacific Company Oregon and Transcontinental Company Oregon Washington Territory Pacific Northwest St. Paul, Minneapolis & Manitoba Railroad Company Union Pacific St. Paul, Minneapolis & Manitoba Henry Villard Charles L. Colby Colgate Hoyt New York

Auction Sale Listings From 1890 Bank and Railroad Stocks

Auction notices list many stocks and parcels with banks, railroads, mills, and manufacturing firms. Dates show May 22 and 1890, with trustees’ and executors’ orders. Entities include New England National Bank, Holyoke Water Power Co, Atchison Topeka Santa Fe RR, Denison Land and Invest Co, Turner lines, Montreal Trusts, and other named institutions.

Iministrato New England Netbank Ado First National Yoat Woburn Mass Holyoke Water Power Co National Bank of the Commonwealth Naumkeag Street Railway Co Salem Atchison, Topeka & Santa Fe RR Do Nat Hide and Leather Bank Ao Tremont Nat. Bank Do News Showalter Mortgage Co Fort Payne Coal and Iron Co Farmers’ Loan and Trust Co. of Kansas Erie Telegraph and Telephone Co Sugar Refineries Co Denison Land and Invest. Co Hingham National Bank Hingham Metropolitan National Bank Douglas Axe Manufacturing Co Morley Button Sewisg Machine Co Freeman's National Bank Red Farmers’ Loan and Trust Co Kansan Union Cotton Manufacturing Co Fall River Manufacturers National Bank Seaware Railroad Prid Frog Boston American Shoe Tip Co St. Johnsbury Neo Topeka &Banta Fe RR Consolidated Railroad of Vermont

New York Stocks End Firm After Morning Slump

The New York financial wires report stocks opening lower then rallying with Readings Northwestern and Burlington leading gains. By afternoon coalers and gas stocks rose before a late-day pullback. railroad bonds stayed active with several issues rising to new highs and overall market finishing firm.

May 21 Summary of Stock Prices and Returns

Readable fragments show a stock price roundup with various company notes. Entries mention Kan cons Den D, N.J., Chi ds, Erie, Nav. Ba, Trans, St. Pp cons, Tex. P. L. G. tr. rec, Pac. ists, and W. Shore. The text lists percentages and figures across firms, indicating daily or recent price levels and returns.

Sia & Sae Bly D KR. G. W N.J. Sa N.P Chids Tan Tau N. W BB. S.e Erie K. OS. Cress St. & & Py Bao Corcie Ve. Blo Giver Gert Tex. P. L. G. Tr P. RG. Rec W. Shore

First annual session of Chevaliers of Pythias held in Boston

The Supreme Lodge met at 987 Washington Street with six lodges and nearly 1000 members since 1888. Officers elected included Darius Wilson as supreme chancellor general and W. A. Wood as supreme vice chancellor general. 125 members attended the 2 PM gathering at Young's Hotel with a social dinner hosted by D. Wilson and speeches by Rev. Dr. J. H. Gunning and others.

Supreme Lodge of Chevaliers of Pythias Washington Street Darius Wilson Medford W. A. Wood Boston J. Henry Gunning O. E. Cousins J. Crockett H. A. Hippler Supreme Committee On Theodore P. Dresser J. H. Gunning Supreme Committee On Finance A. S. Turner D. Wilson M.D Young’s Hotel

Grand Trunk defense against rebated claims and interstate probe

Chicago reporter questions rebating tactics by the Grand Trunk and traffic manager Reeve asserts full compliance with interstate commerce law. He invites evidence and notes records of the Central Traffic Association are accessible for inspection. A Nashville dispatch reports Louisville & Nashville railroads discharging most freight conductors, replacing them with freight staff. The Concord railroad 1889 annual report shows earnings and dividends changes. Contracts tie Boston Concord Montreal to Concord railroad with liability provisions. May rail earnings up or down across lines. New Haven Hartford must heat cars under New York law despite limited state track.

Reeve Chicago & Grand Trunk Chicago Grand Trunk Central Traffic Association Interstate Commerce Law Canada Interstate Commissioners Concord Railroad Boston, Concord & Montreal Boston, Concrd & Montreal Chicago & Eastern Illinois & Indiana Denver & Rio Grande Western New York Stock Exchange Long Island _railroad Alabama Midland Massachusetts New York O’brien New York, New Haven & Hartford Railroad

Sumner Soule & Sons Assign for Creditors in Gardiner

Boot and shoe dealers Sumner Soule & Sons of Gardiner Maine have assigned for the benefit of creditors. Edmund Keyes coal dealer of Boston faces insolvency proceedings by F H Odiorne & Co. Agawam Shoe Co Danvers held a meeting in Salem with master Eugene T McCarthy. About 2500 of 3500 debts proven. largest creditors include Lucius Beebe's Sons Walter Dickson and Woodman Brothers Danvers. Nominal assets listed at 2000. hearing continued to June 25.

Sumner Soule Lucius Beebe Walter 8. Dickson Woodman Brothers Danvers Une

Alleged Ticket Thieves arraigned in Municipal Court

Conductor Gay of the New York and New England railroad and Letter Carrier Metzger were arraigned yesterday. Gay faced charges of stealing 1024 tickets valued at $102 from the railroad. Metzger was charged with receiving and selling the stolen property. Both waived examination, requested continuances, and were held in $500 for trial on May 29.

Conductor Gay New York & New England Railroad Metzger Gay

Also Mentioned on This Page

Foreign Financial Markets TE. Hogg K. E. A. Abbey R. G. Hazard Cornwallis Peace Dale John Harris George S. Brown Benton Co Baltimore A. Hackelman Albany, Oregon WM. M. Roag San Francisco, Cal Barker Brothers & Co Wall St California San Franciso Mono Scivecesoes Best ‘&Pelcher Senor S.ee Nevada North Iselle Isle Commonwealth Ewe Ophir Potosi The Kidder, Peabody & Co Devonshire Street Nassau St Messrs Baring Brothers & Co Europe British Provinces Boston Stock Exchange Pe & Roxbury Mill Corp Fat Payne Coal and Iron Co Thorndike Mfg. Co Unker Hill Cyclorama Lancaster Mills do_ Edison Polyform Co Boston, Concord & Montreal RR New England Mortgage Security Co Bangor & Piscataquis RR Wisconsin Valley FR Providence & cl RR Appleton Co Pueblo Smelting and Refining Co Tremont Nat. Bank de Lowell Mfg. Co International Bell Telephone Co Denison Land and Investment Co Dedham N. Bank Commonwealth Ave. Land Co Grand Trunk RR el Dorado & Walnut Valley RR de Sugar Refineries Co Ogdensburg & Lake Champlain RR Paneer Kansas City Smelting and Rening Co Miscellaneous Stock Exchange Wilson W. Fay & Co State Street Don Enrique Ersesenes Honeripe Cece Eadlier Phon. Toy Peer Pewaphc Button Hole Cobtevaske Et Be Ayne Coaland Sr Bae Penolescot Bay Land Bates Mfg Co Dwight Mfg. Co State N. Bank N. Webster Bank Atlantic N. Bank Do Old Boston N. Bank Do Asiatic N. Bank Shoe and Leather N. Bank Do Blackstone N. Bank Do Merchandise N. Bank N.hide and Leather Bank Newton N. Bank Columbian N. Ba Middlesex Co Arlington Mills Lockwood Co Boston & Albany RR City, Ft Soot & Memphis Kr, Co NEW York Financial Chicago Gas Grangers Bears Northwestern Burlington Chesapeake & Ohio Fort Worth Denver Duluth, South Shore & Atlantic Burlington, Cedar Rapids & Northern Indiana, Bloomington & Western New York Central Duluth & Manitoba Fort Wayne St. Louis Arkansas & Texas Wabash Chevaliers OF Pythias Supreme Lodge Oficers Nashville, Tenn Louisville & Nashville Railroad Company Henderson Nashville and Minneapolis Mins American Loan and Trust Company Northwestern Guaranty Loan Co France John Munroe &C Post Fice Square Devens. Lyman & CO Eastern Banking Milk Street Francis A. Osborn T. Merrihew J. C. Davis & CO School Street Delano Land Company Philadelphia Trust, Safe Deposit and Insurance Company J. L. Erringer Bank Stocks and Investment CO Stedman & Kelloge Congress St Stock and Bond Brokers Texas Safe and Prompt D. P. Ives & CO Water St John Jeffries & Sons Hig Cottonwood Utah Thos, P. Boyle & CO Southern Enterprise J. French & Son Products OF California Golden State Park Square Old Colony Railroad Columbus Avenue State Board of Trade Sauterne Mar Old Port Burgundy C. & Williams & CO Lackawanna Northwest Canada Southern St. Paul Richmond & Terminal Williams &Co Congress Startet Congress Sq Devonshire St Quincy House Mower’s
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