Money Market and City Stock Trading Report
The Boston money market shows little change with abundant loanable funds and varied rates from 2 to 8 percent. New York exchange totals rise, bonds quiet, and commodities shift after rate-cut rumors. Chelsea National Bank subscription oversubscribed. Winnisimmer Bank planned for July open on Broadway. Local stock activity ends weak after Chicago rate-cut news. Atchison weakness and Atlantic & Pacific gains noted. Wisconsin Central climbs with Northern Pacific earnings talk. Bell Telephone and San Diego Land firm. Congress rumors on Lower California.
MENTIONED IN THIS ARTICLE
Boston
New York
Chicago
St Louis
San Francisco
Telegraph
New Orleans
Bank
Charleston
Savannah
Reichsmarks
Chelsea National Bank
Winnisimmer
Broadway
Chicago, Burlington & Northern
St. Paul
Canadian Pacific
Lake
Chicago & Alton
Interstate Commission
Ag O. Atchison
Crocker
Atchison Stock
Atlantic & Pacific
Newark
St. Louis
Flint & Pere Marquette
R. G. Rolston
John A. Stewart
Oregon
Boston News
Wisconsin Central
Northern Pacific
New England
Town Central First
Treasury
Bell Telephone
Ames
Bell Telephone Company
San Diego
City of Mexico
Congress
California
United States
Cordley & Co
Denison
Tex
W. P. Rice
J. M. Ford
Dividend Declarations From Several Firms
The Lehigh Coal and Navigation Company declares a semi annual dividend of 6 per cent. The Loan and Trust Savings Bank of Concord New Hampshire declares an annual dividend of 4 per cent. The Southern Cotton Oil Company declares a 4 per cent dividend payable June 16. The Chicago Gas Company plans to declare a 2 per cent semi annual or 1 per cent quarterly dividend on Friday.
MENTIONED IN THIS ARTICLE
Lehigh Coal and Navigation Company
Loan and Trust Savings Bank of
Concord
N. H
Southern Cotton Oil Company
Chicago Gas Company
Foreign Financial Markets London May 29 Advices and Rates
London stock quotes show Consols at 99 1 16 for money and account. Atlantic & Great Western firsts 34 1 4, Canadian Pacific 57 1 2, Erie 29 1 2, Mexican ordinary 60 4 8, St Paul common 75, New York Central 111 1 4, Reading 24 1 4. Discount rate 1 1 2 per cent for short and three months bills. Paris rentes 3 per cent at 86 francs 75 centimes. Bank of England bullion withdrawn today 18,20,000.
MENTIONED IN THIS ARTICLE
London
Canadian Pacific
Erie
St. Paul
New York Central
Reading
Paris
Bank of England
Boston Stock Exchange
Kearsary
Caceola
Quincy
Kan
Tex
Famarack Pees PO
A&p
M. B& Ee Eee
Cal Sc.i Casas
Miscellaneous Stock Exchange
Louis, & Nash
Ee Eee
Louis
N. A
Wilson W. Fay &Co
State Street
Man
Beach
Lee Ee
Peeve
Mew
Edison Phon
Toy
PIA
Ecdoens
Pacidc
Santa Fe
Baie West
PIG
Cweres
Rlec
Mit
Nash
Chat
Wis
Beacon Electric
N. J
Parisie
Cy Beveedee
Nor Pac
Union Bank
Oo - Shunufacturers
Ohio & Miss
Wis Cent Bassi UO Inc
Eeeereeers
Amisell T
West
Iis Erie Tel
Shlive
Northfield Bank
Northfield
Serene
WADIC
Eee
Atlanntic Bank
Eeeeta
Rich. & al
Eevee
Aja Fe Bank
Balem Meeereseses Ceesees
Ioward Bank
Amey Enki Eeeus Vays
Rome
Maas
Boylston Bank
Sul
F& PM Pfd
Eecess
Rere Tees
Aeee C.ee& Weer
Tremont Hank
Eess
City Bank
UB & Q Pee
Faneuil Hal Bank
Louisiana
St. Beeeee
Hamilton
Oollen CO
Vere
St. Y
West End Rypid Aus
Thornake Mills
Texas Pacific
Dwight Mfg. Co
Great Malle
U. Pacific
Nichmarket Mig. CO
Ceeseeeeeneeee
Utica & B. RK
Bpio Cad Securities
Arlington Mills
Hla W
Bere
Dy Mib. CO
Esce
Cotton
Starkills
W.& LE
Orsi
Dison Phon Toy
Middlesex Millis Beeee
Mt Des & Bast Lund
Lowell Machine Shops
Sqeneeds Et Rtae Ae
Sugar Refineries
Douglas Axe Difg, Co
Orego Esa
Ener Ihom-Luust
Ees Union Man. Co
Fall River
Pact
Eeee
Old Colony
Eevecessee Ee
Naniikes Street RU
Union
Eee Bredeeee
Cess
Laonmy Aerian Oil
Chicago
Bur, & Quincy
Leinigewasget Val
Connecticu River
Perry
Bog
Los
Con
Montreal
Conn
Passumpsie RR
Gas
Allouez
Providence & Worcester
Aes Cameron Coal
Arnold
Boston
Rev. Beach
Lynn
Lead Trust
Atlantic
Esclvctesauces Oy
Sandusky & Leve
Ee Sugar Trust
Honanza Devel’t
Falls & Conn
Ril
Eeeseesees
B. & Mont
RR. of
Vermont
Butte & Boston
Eeeuterere
Denson Land and Investment Co
Cal. & Hecla
Kikegsavei
Saiem Marinetis. Co
O. Nav
Sig Catalpa
Calumet & Hécla Mining Co
Cen. P
Fort Payne
St. Ly I. & Central
Ecee
Dankin Sone
Franklin
Putnam Nail
Huron
Farmers’ Loan and Trust Co. ‘of
Matine Ins. Co
Lotyg' St
P. C. Kearsarge
McKay
Wimmsimmet Co
So. P. Osceola
Mechanics’ Hall Corp. Baloid
T. G. Ists
Ccseceersvere
Osceola Mining
Quincy. Sees
I Tex. P. Cumarack
Northampton Gs
Reese P. Lst
Highland St. RR
Com
Janette Pre
IV. Pac
Iowa Falls
Ares Top
St. Fe
Mining Cunbirain
W. Piss Cuseeeess
N .E
Ottawt, Daw. & Fox R. Val
Socess Zig Relcher
Mono Brookiine
Whee
Malden & Melrose Gas Cor
UA Bodie
UA Bodie Eee Ee Mot.s. & M
Campo
Michigan
Ontario
Plymouth
Deadwood T. le
S. Nevada
Waysou
Sullivan Con
Penobscot
United Copper
San Diego
Sullivan
Fopeka
Lst
W. Mich
Vt. Ea
Etewe
C. MM
St. P
K. c
Je &C. Bs
Ives
Oregon S._L
L. C. Con
Pub
Ener
Sonora
St. Jo & Ty L
Union Pacific
Go Inc
Ees
Ee Ae Atlantic Pacific
Hoston & Aluary
Canton
Fitchburg
CL & Sp
Wee
K.C
Maine Central
N. Be
Rutland
Summit
West End
Cce
Reese Eeveesseepes
Eeeeves
Seeenes
Tropica
Eastman
Lamson Store Ser. Co
Pullman Palace Car
Pneumatic Tool Co
Lurton Stock Car Co
Bee
Boston & Liverpool Co
Phonograph Toy Mig
Stockholders Propose Policy for Oregon and Transcontinental
Henry Villard Charles L Colby and Colgate Hoyt call for proxies to support a policy at the June 17 1889 Portland meeting. They seek stable rental and dividends from Oregon Railway and Navigation Company, settlement among Northern Pacific Union Pacific and ORN, and to resist new railroad combinations. Proxies may be substituted. later-dated proxies cancel earlier ones.
MENTIONED IN THIS ARTICLE
Portland, Or
Northern Pacific Railroad Company
Union Pacific Railway Company
Oregon Railway and Navigation Company
Union Pacific Company
Oregon and Transcontinental Company
St. Paul, Minneapolis & Manitoba Railroad Company
Union Pacific
St. Paul, Minneapolis & Manitoba
I’l
Henry Villard
Charles L. Colby
Colgate Hoyt
New York
New York Financial Market Turmoil Tests Investors
On May 29 New York money on call remained easy, while Sterling exchange stayed dull. Trading showed broad weakness in stocks and bonds with Canada Southern and Rock Island among notable decliners, and a late-day rally failed to lift prices above the day’s lows.
MENTIONED IN THIS ARTICLE
New York
Prime Mercantile Paper
Sterling Exchange
Canada Southern
Chicago Gas
Atchison
Burlington
Northwestern
Armour
St. Paul
Western Union
Denver
Keokuk
Des Moines
Dakota
Great Southern
Lake
Shore
Kansas
Pacine
Vandalia
Terre Haute
Shenandoah Valley
Equitable Gas
Hocking Valley
Paige South Shore
Atlantic
Gus
Colorado
Santa Fe
International
Kansas &Texas
New York Stock Sales May 29 Summary
New York stock market report shows total daily volume of 268 400 shares. The list details stock by stock shares sold and includes opening price highest price lowest price and closing price for today and the prior day closing.
MENTIONED IN THIS ARTICLE
New York
Market keeps weak as Southern iron fights for share
The metal market shows no improvement with low quotations and small deals. Rumors of freight cuts hurt sentiment while Southern irons press into Northern markets. Alabama and Tennessee producers hold back, signaling pressure on Pennsylvania and Western makers. Ex-Governor John C. Brown notes Southern furnaces can underprice rivals, fueling fears of a sectional iron war and possible $8 to $9 iron in parts of the South, with freight ranges cited.
MENTIONED IN THIS ARTICLE
Alabama
Tennessee
Pennsylvania
West
John C. Brown
Tennessee Coal, Iron and Railroad Company
England
Middle States
Print Cloth Market Quiet in Fall River Trade
The print cloth market in Fall River on May 29 shows no change in quotations with 64x64s at 3 3/4 and 66x56s at 37-166. Few buyers are active and weekly transactions are very light.
MENTIONED IN THIS ARTICLE
Fall River
Commercial Market Mood Steady Across Goods
Lumber and iron show firmness and unchanged levels while copper and lead hold steady. Corn and oats stay firm and steady, with butter and hay in good demand. Oranges strong in demand, sugars firm, molasses firm, with several minor items listed as dull or quiet.
Anthracite iron market shows declines and shifting output
Buyers cling to limited Pennsylvania and Alabama iron while Western orders go to Alabama. Between Feb 1 and May 1 weekly anthracite iron production fell by 3872 tons, with six furnaces blown out and eight or nine more at risk. Steel rails quiet and prices steady. pig iron and copper markets mixed with quiet demand. Local demand steady, foreign pig iron slack, and trade in various iron and steel products shows mixed activity across grades and regions.
MENTIONED IN THIS ARTICLE
Pennsylvania
Alabama
Board of Control
London
Eglinton
Summerlee
Gartsherrie
Langloan
Coltness
Norway
City Horse Market Trades Strong Across City Stables
City horse market shows good demand with varied stock from family ponies to heavy draughts. Bazaars report sales of 125 head midweek, prices from 40 to 275 dollars. notable carloads to New York and local exchanges see drivers, draught, and ponies selling at steady, often rising, prices.
MENTIONED IN THIS ARTICLE
Walker’s Bazaar
Moses Colman & Son
AE Bowsler
New York State
New York
W Newton
Atiishburgh & Co
Russell
Welch & Haill
International Horse Exchange
E Ham & Co
Wheat and corn trade in Chicago market report
The May market summary shows local wheat trading buoyed by weather rumors and frost fears, with prices fluctuating and shorts covering little. Corn remains steady with modest gains early and slow movement. hog receipts and oats demand are cautious as rain and cooling temps influence expectations for June receipts and crop prospects.
MENTIONED IN THIS ARTICLE
Chicago
Farnum, Reardon & Co
Boston
Gilman, Cheney & On
Minneapolis
Duluth
Prices and receipts for flour and grain at multiple markets
John E. Welsh reports carload grain quotations and flour rates across domestic markets. Receipts include 65 cars of mixed corn and white oats, 1845 barrels and 3206 sacks today. Markets are quiet with little demand. spot prices range from 2.26 to 5.75 per barrel for various flour and patent grades, while corn and wheat prices show quiet or lower tendencies in New York Chicago Milwaukee and St Louis.
MENTIONED IN THIS ARTICLE
CS Williams & Co
Boston
Ay Ang
Cece
Yas
Minneapolis
ISG
Eaehlaen
New York
St Louis
Duluth
Minnesota
Michigan
Canada Superior
Canada Roller
Canada Extra
City Mall
City
Chicago
Milwaukee
Toledo
Nedkwaukee—Com
Also Mentioned on This Page
Foreign Financial Markets
The
City of
Blake Bros. & CO
State St
Nassau St
Worcester
Brewster, & Estabrook
Congress Street
Cobb
Letters of Credit
Foreign Exchange
Atlantic & Sf
San & Cleve
Det
Lans & Nor
Clin & Spr
Preblo & Ark Val
Pacitle
Bell
Eammonss
Avorione
Frenchman’s Bay
EOE
Shawn
Muouon
Raes
B & Mont Mining
Cal & Heche
BUC
NEW York Financial
Cal
Alta
Aveces Ya ‘Union
Cesses Crown Point
Utah
Cecesesseses
Gould & Curry
Yellow Jacket
Hale & Norcross
Commonwealth
North Belle Isle
Boston Investment CO
Rehantiey St
Astem Ck Aelling
Lette
AL. Pacific
Air L
Roch, A& FE
C. K
Pacific
Central Lowa
Central Pacific
Ches. & Ohio
St. Pres
del. & H
East Tans
Fort Wayn
Hocking Val
Mt Houston & Texas
Dr.Central
J. E. Carter & Co., Bankers & Commission Brokers
Washington ST
Kansas City
Farm
Russia
Baltimore
Fisa* Oval
Berlin
John Munroe & CO
Post Office
Devens, Lyman & CO
Brown Bros. & CO
Gro. E
Leo Curtis
the Eastern Banking CO
Milk Street
Francis A. Osborn
T. Merrinew
Western Farm
John Jeffries & Sons
Devonshire Street
John E. Welsh
Buslton