Money Market and Stock Market Summary from Boston and New York
The Boston money market remains dull with clearing house rate 14 1⁄2 percent and loans easy up to 4 percent for good paper. New York exchanges rise, government securities quiet, and foreign exchange mixed. Local banks show a reserve decline despite loan and deposit gains. The stock market advances with Atchison and Chicago, Burlington & Quincy up, Wisconsin Central noted, and commentary on Texas and California railways. Copper prices jump in London as major producers report 1924 outputs. Dividends noted for Border City Manufacturing and others.
MENTIONED IN THIS ARTICLE
Boston
Joanson Call
New York
Chicago
St Louis
San Francisco
Telegraph
New Orleans
Charleston
Savannah
Reichsmarks
Boston Bank
Investors seek control to back policy at Oregon and Transcontinental
The largest stockholders with a majority stake petition proxies for the June 17 1889 Portland meeting to back a program: prevent further withdrawal and ensure a 6 percent dividend from Oregon Railway and Navigation, settle relations among Northern Pacific Union Pacific and Oregon lines, resist a St Paul Manitoba attack, and fund debt efficiently. Proxies may be sent with substitutions. later dated proxies cancel earlier ones. Henry Villard Charles L Colby Colgate Hoyt New York May 18 1889.
MENTIONED IN THIS ARTICLE
Portland, Or
Northern Pacific Railroad Company
Union Pacific Railway Company
Oregon Railway and
Oregon Railway and Navigation Company
Oregon
Washington Territory
Pacific Northwest
St. Paul, Minneapolis & Manitoba Railroad Company
Union Pacific
St. Paul, Minneapolis & Manitoba
New York Money Market News and Stock Activity May 27
Money on call eased to 2 to 4 with last loan at 2 and closing 2. Prime mercantile paper at 342 5s. Bar silver 92 4. Sterling steady with sixty day bills at 4.8754 and demand at 4.88. Government bonds dull, railroad bonds active. Stocks remained active and strong, led by Reading New England Northwestern with Chesapeake Ohio Lake Erie Western and others gaining in a feverish, irregular session. Total stock gains featured many specialties and low priced shares while several declines appeared in select issues. Total reported bond and stock moves show mixed strength with notable gains in Burlington Cedar Rapids Northern firsts and Chicago Gas.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile
S. Bar
Sterling Exchange
Reading
New England
Northwestern
Chicago Gas
Chesapeake & Ohio
Lake Erie & Western
Chesapeake & Ohio First
Louisville & Nashville
Wheeling & Lake Erie
Fort Worth & Denver Firsts
Ohio Southern
Burlington
Cedar Rapids & Northern
Rock Island
St. Paul
Duluth
South Shore & Atlant
Gulf, Color
Santa Fe
Illinois Central
Metropolitan
Atchison, Colorado & Pacific
Manitoba
New York & Pennsylvania
Eokok
Des Moines
Denver & Rio Grande
Terre Haute
Foreign Markets Show Mixed Early Gains in London
London trading reports a mix of gains and steady figures with Atlantic & Western firsts quoted at 34, Erie at 30 percent, Illinois Central 119, St. Paul 14 3, New York Central 110, Reading 24, and Mexican Central firsts 76 42. Money market rates stand at 11 1/2 percent for short and three month bills. Paris rates put 3 percent rentes at 87 francs 324 centimes. Berlin reports Imperial Bank specie up 9,440,000 marks.
MENTIONED IN THIS ARTICLE
Boothbay Eenreee
Bosom Iissis
Weeeewee
Boston W. P
Boylston Street
Brookline
Ene
Campanello
Boston
Way
Etter Tee
Eere Ae
Maverick
Newportaseeeeee
Eee
Eeenee Lamoine
Eewer
Payson Eeee Eevee
Penobscot
Eeneere
San Diego
Esseeeerees
Sullivan
Eenseee Testes
Topcka
West End
Eevrare Tvs
Winthrop
Wollaston
Atchison
Ieee
Steetees
Vail
Kan
D.D
Ek H
Ron M. & B
Sede & i
Ee & St. L
Entral
As .Y. Et E. Ta
Ban
Pueb
Tag Do Inc
St. Jo
Union Pacific
Wis. Cent
Do Inc
Atch
To &S
Freese Os
Atlantic Pacific
Loeyg
Canton
Conn
River
Estes
Col
Cin
K. C
K.C
L. R. Ft
St L
Maine Central
Hexican
Rutland
Summi Ee Seegade
Eastman Car
Lamson
Teewee
Pullman Palace Car
Cotton Oil Trust, Ae
A * Pe Car Co
Pneumatic Tool Co
Vacn, Oaeh & Liverpool Co
Phonoraph Toy Mig
Lynn Gas Electric Co
Lynn & Boston RR
Eee Wee A
Mt. Desert
East Shore
New York Despatch Co
North Chi
Rollin Mill
Onewenae
Thomson-Houston Elec
Do Trust (O
Do Int
Aos
Ees oSee
EL. P Seer Ee
Thomson Fide
Wading
Westinghouse Elec Co
Winnisimmet Company
London
Atlantic & Great Western
Erie
Illinois Central
St. Paul Common
New York Central
Reading
Paris
Berlin
Imperial Bank of Germany
Plymouth & Middleboro railroad location approved by selectmen
A Plymouth despatch reports the Plymouth and Middleboro railroad location approved after a hearing. Plans showed routes via Cobb Swamp and Cold Spring, with the northerly Cobb Swamp line favored for easier grade though longer.
MENTIONED IN THIS ARTICLE
Plymouth
Selectmen
Plymouth & Middleboro
Cobb Swamp
Cold Spring
Railroad and street railway developments and director elections
Financial notes list balances and expenditures for multiple lines including Boston and Lowell and Portland and Ogdensburg with sinking fund items and dividends. Directors elected for Pemigewasset Valley and Beverly Danvers Street Railway are named along with officers. East Wareham capital increase granted. Freight and personnel moves noted, plus Boston and Maine summer excursion volumes announced.
MENTIONED IN THIS ARTICLE
Boston & Lowell
Portland & Ogdensburg Railroad
Pemigewasset Valley Railroad
Edward H. Rollins
Concord
Nathan H. Weeks
Plymouth
N. H
Noah Clark
Manchester
Samuel S. Kimball
Charles E. Morrison
Boston
Lewis C. Pattee
Lebanon
Charles A. Busiel
Laconia
Hiram N. Turner
St. Johnsbury
Ellins
Nathan P. Hunt
Harlow
Samuels. Kimball
N. H. Pemigewanses Valley
John Bell
Exeter
Daniel Saunders
Lawrence
Beverly & Danvers
Liberty
High
Water Streets
East Wareham
Onsett Bay & Point
Montreal
Boston & Maine
Commercial Market Summary Shows Mixed Farm Goods Activity
Flour and rye dull or quiet, oats steady, corn quiet, meal and products varied. Poultry firm and hay in good demand, potatoes dull, apples dull, oranges and lemons firm or in demand. Truck activity noted. Fresh beef easy, corned beef slow, lambs steady, molasses steady, tallow firm.
MENTIONED IN THIS ARTICLE
Graham
Quiet Fall River Cloth Market with Nominal Quotations
In Fall River on May 27 the print cloth market remained very quiet with quotations unchanged at 3 percent for 64 by 64s. Trade activity was subdued as buyers held back awaiting clearer signals.
MENTIONED IN THIS ARTICLE
Fall River
Opening of Duluth July Wheat Prices Mentioned
Grain futures and cash prices listed for corn oats and wheat with May June July and August bids and asks. Duluth July wheat opened at 96 4 to close at 96 cents in a terse market update.
MENTIONED IN THIS ARTICLE
Brodie
Minneapolis
St Louis
Ak Duluth
Flour and Grain Prices and Stocks Report
Domestic flour and grain prices for carload lots are given with stock figures for May 18 to May 26 across wheat corn oats and barley in Chicago Boston and New York markets. Supplies and receipts are listed, with spot and futures quotes and varying market steadiness or weakness observed in several depots.
Butter Market Holds Steady Amid Strong Receipts
Butter receipts today 2790 pkgs vs 1545 last year with steady demand. Prices vary by grade from 12c to 19c on wholesale lots. fancied lots fetch 18c to 20c. Dairies and imitation creameries report fair supply and firm prices. Cheese and eggs markets show mixed activity with firm to steady quotes across New York, Baltimore, Chicago, and Utica. Potatoes face large supply and dull demand with regional price ranges listed for Chenangoes and Burbanks.
MENTIONED IN THIS ARTICLE
Canada
New York
Ans
Vermont
Vermon
Eastern
Chicago
Baltimore
Ohio
Canton
Altimore
Liverpool
Utica
Little Falls
Newampshire
Fresh West
Michigan
Nova Scotias
Islands
California
Lima
Gredoorth
West
Jersey
Bush
Timothy
North
Houlton Hebrons
Houlton Rose
Aroostook Hebrons
Aroostook
Hebrons
Burbanks
Ebrons
Nova Scotia
New Brunswick
Rose
Prince Ward Island
Bermudas
Also Mentioned on This Page
Bears
Atchison Finance Committee
Irong
Brookline Chronicle
Strong
Tom Potter
Milk Street
H. K. Enos
Missouri,ansas & Texas
Texas
South
Gould
Texas Pacific
Missouri Pacific
Chicago, Burlington & Quincy
Wisconsin Central
Despond
Wisconsin
Newark Stock Exchange
Kansas City
Fort Scott
Memphis
Clinton
Springfield
West Michigan
Detroit
Lansing & Northern
California Southern
California Central
Chicago, Kansas & Westerns
New Enland
Boston News
Bell Telephone
Friends of Elevated Railways
Ames-Shepard Syndicate
Meigs Elevated Railway Company
Meigs
the Engineering and Mining Journal
Anaconda
Rio Tinto
Calumet & Hecla
Border City Manufacturing Co
Fail River
Ork
Yoranufacturing
Oregon and Transcontinental Company
Boston Stock Exchange
Waukee
Lake Shore & Western
Ashlan Division
Brokers’ Board
Am Hell
Cal
Dewee Tala Do Inc
Rene
Cowley, Sam & F
L& Tsksses
Ny&net
Sonora
Bell
Eastman
Aspinwall Land
Frenchman's Bay Land
Cal & Hec
Franklin
At & Pac
Boston & Albany Oesse
Sane
Padiorn
Cress
Y&ne
Esers
M. Atlantic & Pacificine
Cal So Inc
French Bay Land
T&s Fe
Revere
Old Colony Ee
Union
Esetewe
Edison Phon Toy
Mt Deg & East Land
North Vhimone Ills
Thom-Houst
Ceeus
Lo Inter
Ser C
Ae Westing Elec
Ing. Ae Alt
L Bevis
Sting Bb
Air L
le N
Can. Pacific
Eeee Bot. Can. Bso
Centrallowa
Ae Pacific
Ches. & Ohio
Alton
Bee C
B &Q
Loty
Si. L
Del
Pd East Tenn
Eeeteeae
Houston & Texas
Ater
Ill
Long Island
Hese
Louis
Man
Beach
Eley
Ewer
Seer M
Minn
J. Cent
Sgenee
N. & W. Pref
Oe Pacific
Noriniest
N. Y
N.Y
N.E
Ohio & Miss
Oregon S. Line
Ian Pittevazes
Sesgees
Go Rock Gana
St. L
St. P
Texas Provic. S. & W
Tol
O. O. Iret
BuLe
Oregon Lm
Pacific Mail
Eeee
Pullman Passabe
I W. Union
American Oil
Perry Coal
Weer Lead Trust
Obi Sugar Trust
X . W. Deb
Cen. P
D. & Trans
Lsts
St. G
RK. Gs
J.C. Ar
N. P
U. Pac
W. Cons
Abs
Col. Cook
N. Belle Isle Lin Con
Rio
Dunkin
Quicksilver
I. Cristo
Exchequer
S. Nevada
Hale & Nor
Sullivan Con
United Copper
Iron
Emai Utah
Allenez
Arnold
Atlantic
Honanza Devel
Mont
Butte
Hecla
Catalpa
Crescent
Huron
Kearsa Trenton
Seeaccsessens
Osceola
Onan
O'S
Abpinwall
Ccc
Miscellaneous Stock Exchange
SALES
Wilson W. Fay & Co
State Street
Edison Phon. Toy
E.so
Enews
Erin
Bos
Gray’s Dynamo
Beacon Electric
Cotenae
Robinson Foster
Seeeee
Elec
Matrix Ewer O
Fort Payne Coal and Iron
Seenee
Bay State Shoe Fastening
Addax Basting Mach
Sesee
NEW York Financial
Eece
Potosi
Esvrence
Fut ‘& Belcher
Savage
Sierra Nevada
Union Con
Con. Cal
Utah
Crown Point
Yellow Jacket
Gould & Curry
Commonwealth
Nevad& Queen
Foreign Financial Markets
Railroad Matters
Duluth & Winnepeg
Wth
South Shore & Atlantic
Canadian Pacific Roads
Mutual Exchange of
Trafic
Canadian Pacific
Whitefield & Jefferson Railroad
N.H
Poewing
Nathan Kh. Perkins
George C. Lord
E. A. Bartlett
William A. Stowell
Alson L. Brown
Warren G. Brown
Ossian Ray
John J. Bell
Boston, Concord & Montreal Railroad
Pemigewasset Case
Roe
Farnum, Reardon & Co
Illinois
Gilman, Cheney & Co
Dakota
Minnesota
Williams & Co
John E. Welsh
Bueh
COP
Cece Cccnes
Hug
Baley
Hytte
WGA
Innesota Bakers
Michigan Stone
Canada Superior
Canada Roller
Canada Extra
City
Milwaukee
Toledo
Chicago No 2
Lake and
New York & New England Railroad
Boston & Albany Railroad
Hoosac
Peoria
Ric Fiour
Laraden
Brown Bros. & CO
Gro. E. Butuarp
Louis Curtis
THE
Eastern Banking
Francis A. Osborn
T. Merrihew
John Jeffries & Sons
Devonshire Street